The effect of this defeat is what makes gamblers even more enthusiastic about seeking victory and will continue to be optimistic until they get that victory, after getting a victory they will set a bigger victory and repeat the process from the beginning and so on, and without realizing it they have become gambling addicts
Money from gambling is always cyclic. As the gambler, you set the bet; if you win, the bookie pays you; if you lose, you stake again. When you win, you are more likely to stake the money again, and the gambler eventually realizes that nothing changes whether he wins or loses. When a gambler wins, he is likely to want to win more, and when he loses, he is likely to chase his losses.
Most gamblers do this unconsciously. They do not realize the financial consequences of chasing lose until it is too late. They will always believe that their next attempt will result in a win, and they may even make the mistake of staking higher, particularly for those who believe in the martingale strategy.