Definition
Chasing is the destructive habit of increasing bet sizes after losses to try to quickly recover. It abandons proper bankroll management and leads to faster bust rates. Chasing turns small losing streaks into catastrophic bankroll destruction.
Example
You lose $500 on the early games. Instead of your normal $100 bets, you put $300 on the night game to 'get back to even.' It loses. Now you're down $800 and the spiral continues. This is chasing.
Common Questions
Why is chasing so dangerous?
Why is chasing so dangerous?
It compounds losses exponentially. Proper betting is about maximizing long-term EV, not recovering short-term losses. Every bet should be sized based on edge, not what you lost previously.
How do I stop chasing?
How do I stop chasing?
Set strict unit sizes and never deviate. Accept that losing days/weeks are normal. Take breaks after losses. Remember that tomorrow's bets don't know about today's results—each bet is independent.