Quote from: JMBitcointernational on Today at 07:28:57 PM

Quote from: Fivestar4everMVP on May 15, 2024, 06:52:29 PM

Hi everyone,
Here actually is my finding on why people chase loses in gambling, do you know that it's natural for a gambler to chase after his or her loses? Well, if you don't know, now you know, it is natural in the sense that ; the desire is inbuilt, it is we ourselves that learn to put or subject the desire to our control, same way it is natural to feel bad when you lose a bet, but you can be happy if you choose to, and can control your emotion.

One of the reason why many gamblers naturally chase after their lose is due to one thing that is built into every game known as the "near miss effect", after every loss, a near miss effect makes our brain believe that a win is very close, and this automatically makes the player to keep playing and playing, even while he or she is losing, his or her brain convinces itself that a jackpot is just around the corner, this makes the player keep playing until he or she discovers that his or her bankroll is empty, this is when anger and regret usually sets in, you begin to feel like you were not really yourself all that time you were gambling, like you were hypnotized or something, and you only regained consciousness of yourself when you have already gambled all your money away.

This has happened to me few times, and from it, I've leant to always be conscious of myself and my decisions while gambling, making sure I do not allow my brain to deceive me into believing that my losses is because a win is around the corner, making me to gamble way more than I've planned to.

So, from your own understanding, what do you think makes people chase loses aside greed which I believe many of us are already familier with?.

The desire to chase for your loses is actually inbuilt @op even when most gamblers claim that they are not after their loses, no human being on earth is ever happy for any single loss, and that is why there is always a zeal to replace it and to find any alternative measures to cover for the lost amount. Gambling requires patience, time and consistency and that is why it is very imperative to wait patiently and restrategise for the next step.

most times as a gambler we allow our brain to decide for us and our emotions to control us, it is always nice to plan and make a decision before staking bets so that we don't end up losing much of our funds to bet because there is always a desire to go after any single loss. i have been a victim of such a mistake when i lost a small amount in a bet and i was so angry that staked another bet to recover the amount that i lost but at the end , i lost more than expected, so i will encourage and advise any gambler you has the habit of chasing after his or her loss to desist from it because you might end up losing more than you expected.

We all get pissed off when we loss, but no doubt overtime we have learnt to accept whatever outcome.
What if we consider chasing after a loss this way, when our allocated amount for that day hasn't been met, you are free to gamble,and only a wise man will know that the plan should be to recover and quit to be ready for the next day, I can't say that's is "chasing our loss", But. When we have exhausted the amount left for that day after the loss as a discipline individual aside gambling you will understand that you quit and wait till the next opportunity.
This also gears down to having a set plan and rules.