I think you've got what you are trying to find here in your answer. Yes it is not about the winnings or losses of a wealthy man, let's say, it is the satisfaction he have when he wins. I'm going to give a little scenario here, when the wealthy man bet a big amount of money and lost it but the second bet he put a small amount of money and he won, that is where his satisfaction would go, that could erase on his memory about the losses he have in gambling
Thanks for this example
You very well elucidated my idea and further expanded my thought here. Of course, it doesn't erase his memory, but it does absolutely erase his feelings of disagreement with his previous loss (which is the reason why we are chasing losses in the first place) or even frustration, however small his initial loss might be in respect to his wealth and however smaller his subsequent win is in respect to that loss
Yes, it doesn't erase literally, sorry for not elaborating much about the term that I've used. What I mean by erase is that once he wins, it nullifies and negates the negative vibe he was feeling when he was losing, for example, so his feeling towards the game changes from negative to positive.
Yes, exactly, this is where the blindfold is being put in their eyes by the house, this is where their false hope starts, since this is situational, mostly of the gamblers that have blindfolds in their eyes are those who are after the money in gambling, they are playing even though it is crystal clear already that gambling hates them, but loves their money.