The term chasing is shorthand for chasing losses, the act of increasing the persistence and, usually, the size of one’s bets after extensive or improbable losses in the—often desperate—hope of recouping those losses.
If It Looks Like a Duck... It Might Not Be a…
The term chasing is shorthand for chasing losses, the act of increasing the persistence and, usually, the size of one’s bets after extensive or improbable losses in the—often desperate—hope of recouping those losses.