Quote image editor
“Rather than feel humbled by a big loss, gamblers instead have an urge to bet more to win it all back. Anna Lembke theorizes that problem gamblers are addicted to chasing their money: “The more they lose, the stronger the urge to continue gambling, and the stronger the rush when they win.” Andrew chased, and he lost. But he did not panic. After all, he was the sports genius who had been up $43,000. So he kept betting, buoyed by the belief that, “If I got up all this… I can get it back so quick, because I got it so quick, right?” — Jonathan D. Cohen
Rather than feel humbled by a big loss, gamblers instead have an urge to bet more to win it all back. Anna Lembke theorizes that problem gamblers are addicted to chasing their money: “The more they lose, the stronger the urge to continue gambling, and the stronger the rush when they win.” Andrew chased, and he lost. But he did not panic. After all, he was the sports genius who had been up $43,000. So he kept betting, buoyed by the belief that, “If I got up all this… I can get it back so quick, because I got it so quick, right?