I think all of us as gamblers have experienced losing control at some point. It usually leads to chasing losses, which turns into blind betting....a dangerous cycle. In my experience, whenever I’ve chased my losses, I’ve ended up losing more than I can afford to lose, and most of the time, the outcome is not good.
So how about you? What’s your biggest regret when it comes to chasing losses?
1) Can you name a specific situation where you chased your losses?
2) Were you playing online or offline?
3) How much did you lose?
4) And what did you do after that?
Of course that's always the result we get when we decide to Chase after our loses, instead of recovering from our lost will still end up losing even more. Which is why whenever time I experience lose in gamble i easily let it go without fighting back, because I know fighting back will still result more loses. Which is why I always go with the amount that I can easily afford, because is obvious that the reason why most people always chase after their loses is because they failed to gamble with the amount they can easily afford, which is why they always find it very difficult to let go.
I had a bad experience whenever I chased losses end result often lead to loss of funds in my account It happened to me in both soccer betting and crypto trading, honestly this has to do with personal discipline and control of emotion if any gambler lack those two characteristics definitely such a gambler would chase losses even trading with amount you can afford to lose does not mean gamblers should just continue to chase losses, personally once a lose a fixed amount of fund for the week I close my App at times I do delete the App to prevent tempting me back to gambling again.