Chasing Losses
3 minutes
Last Updated: January 9, 2022
Chasing Losses Meaning – Trying to Win Back the Money Lost Gambling
Chasing (losses) is a common expression in the gambling terminology used to describe a player who continues gambling in the hopes of recuperating their money after experiencing a series of losses.
The term has a negative connotation because chasing losses often involves losing even more money and ending in financial trouble.
An example of chasing losses is a player who loses $500 playing slots and, instead of calling it a day, they take out another $1000 and take it over to roulette tables to try and quickly win their money back.
