There's almost certainly no second chances. I mean, even if there were a supreme creator (which I'm also pretty sure there isn't), why would it keep populating its earth with the same 'souls'? When it's supposedly omnipotent and could just create fresh ones. As life became more and more abundant, at least some extra souls would have to have continually been created.
It'd also very much require life forces akin to magic and we all know magic to just be illusion. You die and the electricity stops flowing. That which was once flowing within a body almost certainly can not be 'magically' carried across to another body of a later generation (whether it be of the same species or not).
Believing in reincarnation is pretty silly to anyone I would regard as of sound mind.