These strategies may work, but if your losses are very high, you will have to put in almost double the amount you lost to recover. I have never tried it, I think it is too risky. If I see that I am not feeling “lucky” I stop and try another day. For me, this is what works best!
Remember: The “house” always has the biggest advantage…
Doubling your stakes would be the beginning of your regrets, this is the martingale strategy and it's never going to help a gambler be in profit. I don't support chasing losses though but if you are going to do it you should maintain the same stakes otherwise you would end up incurring more losses. Just like you said it's best to stop and try another day, it's difficult for gamblers to do this because of their emotional state, but an emotional gambler is always going to be on the losing side. Casinos use psychology against gamblers.
You must not chase losses because it will never give you a good outcome over time. You may be lucky one or two times but for majority of the times, you end up losing your total balance because there will be no end to the urge to gamble when you can still make deposit. If you have $50 as the amount you want to gamble with for the day or week, as soon as that $50 finishes, you stop and do other things until you have another spare cash to budget for gambling. Chasing losses is therefore gambling with money not budgeted for gambling at that time and this can have psychological effect if not managed properly.