Chase [Meaning] - MasterTerms.com

In a chase, a gambler increases their bets after losing, hoping to win back the money lost in previous wagers. This behavior often stems from the emotional response to losing, leading to decisions that may not align with sound betting strategy. Chasing losses can result in even greater financial losses, as gamblers may bet more than they can afford in an effort to break even.

Chase Example

For example, if a player loses $100 while betting on a game, they might decide to bet $150 on the next game, believing that winning that bet will recover their losses. However, if they lose again, they may feel compelled to chase further, potentially leading to significant financial issues.

Glossary: Monkey
Monkey refers to a player who is inexperienced or plays recklessly, often making poor decisions in poker.
Glossary: National Hunt
National Hunt refers to a form of horse racing that includes both jump racing and steeplechasing. It involves horses racing over obstacles, including fences and hurdles, as opposed to flat racing where horses run on a level surface without obstacles. National Hunt racing takes place mainly in the United Kingdom, Ireland, and some other countries, with events typically held during the colder months from late autumn to early spring.
Glossary: On Tilt
On Tilt refers to a state of emotional frustration or anger that negatively affects a player's performance in poker.
Glossary: Gutshot in Poker
A Gutshot in poker is a straight draw where the player needs a specific card in the middle of their straight to complete the hand.
Glossary: Flat Betting
Flat Betting: A wagering strategy where a bettor consistently stakes the same amount on each bet regardless of wins or losses.