chasing losses
Betting after losing
Chasing losses is the pattern of continuing to gamble or take risks in an attempt to recover money already lost.
The behavior typically deepens losses rather than recovering them, as decisions become increasingly desperate and irrational: He kept chasing losses until his savings were gone.
The concept extends beyond gambling to trading, investing, or any situation where someone doubles down on a failing strategy hoping to break even.
- gamblingBetting on uncertain results
- desperationUtter loss of hope
- doubling downStrengthening a risky commitment
- recklessCarelessly ignoring danger
- bettingStaking money on outcomes
debt · credit card debt · addiction · problem gambling · can't stop · casino · spiral · regret · compulsive · bankroll · tilt · poker · house edge · bad beat · broke · redemption · stakes · risk
- bettingbet, ante, wager, odds, stake
- gambling psychologygambler's fallacy, illusion of control, near miss, sunk cost fallacy, cognitive bias
- gambling addictiongambling addiction, problem gambling, gambling disorder, compulsive gambling, gambling debt
- gambling tacticsbasic strategy, card counting, betting strategy, betting systems, running count
chasing losseswalking away
Departing on foot
cashing out · responsible gambling · hit and run · playing it safe · grinding
chasing lossesrisk management
Identifying and minimizing threats
capital preservation · cutting losses · stop-loss · taking the L · damage control
chasing lossesletting go
Releasing one's grasp
moving on · emotional detachment · radical acceptance · taking the L · equanimity
chase, chased, chaser, chasers, chases, chasing, loss, losses, lose