That's the psychological effect when you are playing in a long time, thinking that after suffering with a long losing streak, it's about time to
take advantage of the winning streak that he's enjoying.
End of the day, instead of recovering or having some profits, it will lead him to lose back everything as he doesn't have any limitations to stop his gambling.
It's more on how you control and how you manage to set both win and losing amount.
It's definitely the human psychology that makes them lose in gambling, a gambler, after every time they lose, start thinking that now I will win, and they deposit again only with the hope that maybe they will start winning now after losing so much, but the results stay the same and that is because it's all about your luck and the platform isn't counting your losses to give you winnings after a while.
Some people think that your wins or losses also depend on how old or new you are on a platform, they think that if you have created an account just now and are gambling for the first time, they give you more wins so that you gamble more, which is nothing more than a myth.