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Loss Chasing in the Age of Easy Betting | Raleigh News
Since 2018, sports betting has exploded across 38 states thanks to a Supreme Court ruling, letting people bet anytime, anywhere — but that convenience is fueling dangerous gambling habits. With in-game betting and instant access, users can place hundreds of wagers quickly, often without understanding the risks. A major red flag? “Loss chasing” — when gamblers escalate bets after losses to recoup money — a telltale sign of disordered gambling that can devastate finances and families. Researchers at West Virginia University, funded by Arnold Ventures, are analyzing massive anonymized betting…
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