Chasing losses is very common among gamblers, either old or new and this is happening because not all gamblers have a way of making money, they scope around for some money and go back to the casino, when people chases money this way just know that they don't have a lot going on in their lives, they are living hand to hand or it's also possible that they are making too less money.
If you are making too less money from your job you should be risking too less on gambling, $1 is something you should afford to lose but they won't, the reward that $1 will bring them won't be life changing, they are greedy and jobless at the same time.
You can love gambling or the sports games that you bet on but know that the games doesn't love you back, bet responsibly or not at all, this is the right way when gambling regardless of how much you are making.
Such gamblers always find it difficult to be responsible gamblers. They spend most of their time trying to turn gambling into a full time job. By participating extra hours, gambling with the little money they've left. They'll go to gamble with borrowed money and when they're not winning, instead of halting the game, that's when the eagerness to gamble more erupts. Relating them with what Op has on his thread, you'd see that they're those that lose control when they're losing. Don't know if they'll be greedy enough not to take their win immediately they win. Because, it could a golden opportunity. As they're aware about the next result when they continue playing games. Most gamblers looking for quick money don't need to test another luck, after seeing a significant win. Maybe in their next gambling session, they can increase a little bit the amount of money to wager. The problem about such gamblers also include, causing harm to their family and society, by wasting resources. Since they have in mind from the onset that gambling is the only way of getting their daily bread. They can waste family money on gambling. I wonder if they don't care about feeding with the money, instead of trying to multiply the money in gambling. In a nutshell, your response, also contributes to the fact that in Op's question, it has to do with the situation of the gambler. Not everybody would lose control, when they're losing or vice versa. A responsible gambler, will definitely think about his decision, whether win or lose.