This is an editorial guide for information and support only, and isn’t medical, legal or financial advice. If gambling is causing harm to you or someone you know, free and confidential help is available 24/7 — see the support details at the end of this guide.
What Does “Chasing Losses” Mean?
“Chasing losses” is one of the most important concepts in safer gambling — and one of the most dangerous habits. Here’s what it means and how to avoid it.
The definition
Chasing losses means betting more to try to win back money you’ve already lost. It feels logical in the moment, but it usually leads to bigger losses, not recovery — and it’s a key warning sign of gambling harm.
Why it happens
It’s often fuelled by the gambler’s fallacy — the belief that a win is “due” after a losing streak. But each bet, spin or draw is independent, with no memory of what came before, so nothing is ever “due”.
How to avoid it
Set a loss limit before you play, treat any losses as the simple cost of entertainment, and walk away when you reach your limit. If you find you can’t stop chasing, that’s a sign to seek support. See common gambling myths, how RNGs work and the signs of problem gambling.
Frequently asked questions
Why is chasing losses dangerous?
Betting more to win back losses usually leads to bigger losses, and it’s a key warning sign of gambling harm.
Is chasing losses a sign of a problem?
It can be — if you find it hard not to chase, it’s worth seeking support.
How do I stop chasing losses?
Set limits before you play, accept losses as the cost of entertainment, take a break, and ask for help if you can’t stop.
Related guides: common gambling myths, how RNGs work and the signs of problem gambling.