Okay, I will conclude a little that it also means that someone will prefer to do everything they like even though in reality the activity can endanger themselves and their future, and yes what you said is quite true which also happens in gambling and one of the reasons why they always come back even though they are often depressed because of defeat is because of several factors.
1. Because gambling is fun for him (to fill his spare time).
2. Because of the high hopes and desires to get big wins (usually the influence of streaming shows).
3. Because of the desire to return all the losses they have ever experienced (despair phase)
But overall usually one of the reasons that I find most often is point number 3, because those who are unable to accept defeat and continue to return in the hope of being able to restore the situation.
I think most players understand that the big prize is a jackpot that only a few people will ever win. So of course everyone plays and hopes to hit a big win but deep down they realize it is very unlikely to ever happen. If you just want entertainment you can go hang out with friends at a bar go hiking play some games or spend time with family.
There are plenty of other activities for pure entertainment. As for chasing losses yes it is possible that players keep coming back because they want to win their money back. It turns out that when you are a beginner you get hooked you lose and then it turns into a desire to simply recover what you have lost.