Bet adjustment is actually about the management of risk and emotions. Pursuing after losses through bets increase can be potential danger, because a single wrong turn can erase you. Increasing after a win may feel safe, if you will be betting with the profit, yet it can as well backfire when the streak stop abruptly. From my view, I will prefer staying with consistent bets with slight adjustment, because stability provides better chances of lasting longer to avoid tilt. The concern is securing your bankroll at first, not going after fast swings.
However in reality, many gamblers become increasingly greedy when trying to adjust their bets. The larger their bankroll, the easier it is for them to double it on the next bet, even though they know and are aware of the potential losses. As long as their bankroll is large, gamblers tend to be careless when placing bets, sometimes winning but often losing.
This is simply the reason why we have the cases of people going to court of law after losing significantly in a bet on the cases that they were cheated or ignorant of the terms and conditions, self discipline is better than anything and that is achieved through setting of organized plans and financial management, you don't just pour money into your gambling games because you're making 10x profits without planning for the losses, it is exact mistake that most gamblers do that they become rich today and poor tomorrow. It is not the wisest way of gambling in all ramifications and that will be considered as a pure act of greed and selfishness with yourself.