Its more better sometimes to let go than chasing after losses, we are instead going to keep on falling for the same mistakes over time, we are to gamble and never feels bad on what it could have caused us financially because it's not a means of making money, instead we needed that money to be able to enjoy gambling, we should deal with our addiction while it's still at the earlier stage than when things already got out of hands.
Chasing loses is not always bad. I said this because there’s a time that the reason that you gamble for that day is to chase lose but you end up on profit due to luck for that day which you can’t win if you didn’t play. This is only advisable for those user that only play using small amount of money or any amount that they can afford to lose.
I believe most gambler here seek chasing loss or profit when gambling because that challenges gives real fun on gambling. It serves as purpose or goal on why people gambling and at the same time provides entertainment on the process of playing.