The price of bitcoin has hardly anything to do with gamblers. The addicted ones just buy more coins out of greed in order to gamble. This become anti-social at times as they cannot control their craving to gamble more.
However I agree that chasing after losses is a big mistake and leads to more losses and milks out more money from the players. People should be careful how much they are playing and control themselves in that manner.
Yeah i think so as well. I don't think a lot of gamblers are even considering btc's price when they start gambling. Bets are placed by how many btc you have regardless of its value. And its proven that going after those losses made even a lot of rich people go broke. Making regret fuel your gambling is very wrong and would make your emotions take control