Conceptchasing losses
Chasing Losses
A characteristic behavioral pattern of pathological gambling in which a gambler, unwilling to accept a loss, continues to increase bets in an attempt to recover previous losses. The behavior is closely associated with the loss aversion theory in behavioral economics.
Timeline (last 90 days)
Sep 29
Loss chasing is one of the typical indicators of pathological gambling, referring to the psychologically driven behavior in which a gambler increases bets after losses in an attempt to recover them.
Unverified50%