Bitcoin Forum

Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?

I’m not a massive gambler (as in I don’t gamble with more than I can afford to lose). I can probably guarantee you that over the years I am at losses though. I haven’t kept a record of the damage, probably a good thing though :D

I lost about 0.2 BTC on losses in 2019. People are hard to stop while betting and losing. I had the same situation, I tried to hope that I would be lucky next time until I lost my 0.2 BTC.
With 0.2 BTC, maybe I can buy a new computer or a terrain bike.

Talking about losses in online casino gambling games, you should also talk about the benefits that gambling addicts get, so it's not just a calculated loss, the profit is also calculated.

Most people do not really care about the losses that they experience, no matter how much money he has spent, tends many people want to try their luck and aim for success in playing gambling.

In this case not a few people have lost, whether it's online poker games, soccer gambling, or other online casinos.

I myself do not really care about the losses that I have to spend in playing gambling, maybe enough for something valuable.
However, currently what appears to me is the profit that I get, it can be seen from the items I bought, right.

I mostly do gambling for fun only and do not count how much i win or lose. If i started calculating my losses, it will make me depressed and probably i will be thinking to quit the gambling.  I know i have dedicated a certain amount of gambling budget and i only use that budget to play the gambling, but again as mentioned will never care to see my loses.

I used to gamble a lot before, but I don't gamble much anymore. I don't have to keep track on my losses. The casino I gamble on (crypto-games.net) does that for you. You can easily check your stats over there and see how much loss or profit you have made throughout your lifetime. Good thing for me, I am actually on the profit zone.
Don't sweat it. Losses are loss. There is nothing to regret about not being able to buy a "class mountain bike" with your losses. At least you enjoyed when gambling.

in these 3 months I've lost about 0.1 btc for trying to recover lose streak when playing auto bet instead of profit but all the capital instead lost again, I finally gave up. imagine if i didn't gamble maybe with 0.1 btc i could buy a new iphone. gambling sometimes give you a lot profit if not greedy.

I never count or estimate my loss because its a waste of time for me. It will just hurt my ego by doing that although it's possible to count your loss by means of tabulating the withdrawal and deposit on the gambling site that you used and subtract it. Once the difference is negative then you are in loss then vice-versa. But again, it's just a waste time if you count it.

But counting profit then Helll YEAH! It's good to reminisce all my glorious days in gambling. In my case, I have a huge profit in dice but a major loss on Blackjack and Sports Betting in Fortune Jack. So I'm just breakeven in my estimate. Take note that I'm playing in different gambling casino. So it's possible for me to count only the game that I'm profit and ignore my loss in other site.

lol thats pain in mind and character mate.
imagine all our losses from the past will be estimated?

but estimating my weekly amount that can be risked in gambling?since i am now in control?i think its 10-50$ a week but thats not counted the amount i risked caming from my signature payments.

Yes I do that with the help of charts in gambling sites,this help the people to know what they lost and gained on the time period they wanted to know and have hidden advantage to gambling sites,if people lost they will try bet and recover,if someone won they will try to win more.

Yes, the gambling sites normally give you data on how much you have earned or lost and wagered since the time you have made the account. I often check this data and if am mostly on the losing side. I have also learnt that it is very difficult to win in gambling and only the gambling casino and houses are the ones, who can be sure of grantee profits.
 

No, I never calculate how much my losses or profit in gambling because I don't have a reason to win in gambling. But I have a friend who writes how much they win and lose every time they played gambling. And I ask them why they do that, and they answer that is for the reminder to them about how much money they have been used to gamble so someday, they can try to stop and leave gambling forever. But I guess maybe my losses can be used to buy a new mobile phone.

if im not mistaken , there is already a thread simillar like this before but i forgot its title  so i wont bother search and qoute it here . now to answer this question , yes i did estimate my loss but only on this month or year but my previous loss are not counted because they are already old and i dont remember anymore if how much the overall amount i loose  .  i just play again and avoid loosing . i dont totally chase loose because i know that i wont won .

When I'm playing gambling, I just set a value that I will use for every game. It is just self-control to handle my money safety. Every time I bring all of my money in every game when I see it, I want to wage more. If you risk a lot of money, there is a higher chance of getting a profit but a higher chance of losing your money, too, in my daily games. I usually bring just 150 dollars as a minimum to play different games.  When I miss all those money, I will stop for a while and get back to the next day to play because that was a bad habit if you got already lose many times and play until you return all of your loses.


At an early age, I know a lot of different types of gambling, and most of that, I learned just in my environment, and I play just for fun. I didn't mind how much I already lost. When I'm going to be desperate to my loses, I always do max betting too as a technique to scare the other players and also the doing as the last chance of playing if I'm going to win or not.

Well, the amount people losing depends upon how much they invest in gambling. If anyone is losing 500$ in a week, he might be investing much more than that because in gambling you will win some and lose some. If you precisely calculate your game play, you can end up in profit at the end.
I mostly stay on the even side, the amount which i lose in gambling, i cover up that in my next few games and i always make sure my seed money is always saved in the end.
If you plan on how many games to play with how much amount, i am sure that losses can be minimized.

Actually I don't gamble that often, only with free time. And yes, I've experienced losing too but for me it's not a good thing to estimate all of your loss ever since you started gambling. Why? It's because it will just bring negativity to you and will make you regret that you wasted some money. It will affect and won't do good with your mindset so instead of thinking your loses, thing the other way around. The profit you earned and where did you put that money, the things you had buy with that winnings. That will inspire you more. But remember, always do smart gambling. Don't be too greedy

You can't say that for sure,even gambling sites went bankrupt so number of gamblers they have is important if they want to make money since they have better edge.

5000 Nano losing from crash game the estimation about $100.000 USD if i can hold nano went the price reach $35 xD. Since my earning from the internet & freelance, sometimes went i do gamble using my earning money from the internet i don't really care or counted my lose. Cause i don't spend it from my own pocket, i think if i lose i just wasting my time.

I never counted the number of my losses, but the estimated is quite a lot because, during I gamble, more loss than a victory. why I don't count my losses, because I play for fun and also I play with free money, so there's no need to think about losing.

It seems you got that coin from faucet (solve captcha) just my guess. This kind of thinking is good so it doesn't become mental breakdown which can eventually affect other activities.
Lost a lot of dogecoin but not because of gambling but instead lost it because of storing it in an online wallet and the dogecoin was the result of winning from gambling.
Besides that if i'm not mistaken it might be losses just under $500 and not think too much about it, and never affect my mental I can forget it fast.

I never count how much i lose. But sometime i really happy when i win in gambling. It is like, i never think how much i win and lose. Although if i count for real, my loses is bigger than my winning. But that thing only will make us can enjoy our winning. So, it is better to never think how much you already losses when you win because in gambling we not only aim for money but happiness.

I'm not a big-time gambler and just gamble with the spare money and I have never in my spare time calculated my lose, but I could have bought a new laptop with all my losses, but I have great gambling and I'm really entertained so I will not regret that money I've spent gambling you have to pay to be entertained.

Well, probably the majority of gamblers did not count losses. I believed that probably those winning will be counted but when it comes loses I think no one will care. I personally don't count on what I have lose because if I do, I'm sure it will give only a headache of mine. So, I think much better don't mind your losses and enjoy every session in a day of gambling. Indeed, if ever you know how much overall your lose it will never come back. :D

Even when I was still actively gambling every day in the past, I never thought about or calculated losses in gambling, for some reason losses are something that is not good to remember and that's why I never counted losses in gambling, as long as I still have money to being spent and still being able to win bets is at least a way for me not to count losses and again, losses don't need to be remembered because that will only create stress in life.

Maybe a new iPhone11, but most definitely lower that this since I’m not a big gambler too. Losing $100 a day is still a bit money for me, I can’t afford to lose big like this and that’s why I only play occasionally. Monitoring your losses is a good way for you to know if you will continue playing or not, this is one way to make you realize that gambling is more losses. 

I totally agree with you on that! If you will do that,- look back and count your losses and all, you will be crazy as f*ck and maybe think of killing yourself for losing that so much. So for me, I just move forward and not regret what I've done. You will lose your sanity if you do count all your losses.

I am not counting anymore, I just set my bankroll for the day, when its gone I will start again tomorrow.
But hey! we are not talking of a big amount here, I am just having fun so its definitely not a big amount of money.

my range are from 100 to 500 usd a week, but losing 500 usd is already too much because I am not reach, and we are not just talking
of loses here as sometimes when my luck strikes I could also win even more than 500 usd a week, so what I literally do is just a balance gambling.

i have alotted budget for my gambling activities and that's how i treat gambling.

i have a maximum of 50$ per week that may roll if i don't play in a week or even in after,so if ever i missed to play in 1 month(for some other reasons)then my budget will be 200$ for when i go gambling.

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though while i believe that most of the time i recover the losses as i only have small amount to lose,not like if we are not in control of our budget most of the time it comes higher and higher ,things that triggers us to try catching until we become addicted and finding ourselves longing for gambling everyday

Wow what a way of wasting your money! ;D. Anyway, I also came to a point where I think all of the losses that I've made and I think it is natural for a gambler like us, whether your a certified addict or just an occasional one, to have this kind of thinking. There's no exception since each one of us can relate to the feel of loss. But in my side, I choose to forget this matter because it really hurts ;D. The feeling of disappointment, regression and failure strikes to me so badly. That's why I salute those gamblers who are willing to bet tons of money or even some of their assets like car, house and lot etc. when gambling. For me, their courage is beyond the limits already.

I don't know how much precisely because it could be varied, but I estimate all about less than $50 in a month, maybe it's less than $30. But if we talk about how much I spent in gambling for the first time, then I think I don't calculate it because sometimes, I forget to remember the money I spent. I think for people who only gamble in their free day, they will not count how much money they lost because they can use only $5 or even $10, and they don't spend a long time to play.

I think many people do not count or estimate all of their losses because many of them are searching for fun and excitement in gambling games. So they don't think about their losses, but some people care about their loss, so they try to manage the money and avoiding another loss.

yeah as we can always spend money to have fun,so if you are enjoying then for sure theres no care about how amount of money spent right?
thats good of you because its really hard to balance playing specially when we are in recovering our losses lol.

I would be honest to you and say yes, specially when I reached point that I don't have money to gamble anymore because I lost my job and bills are pilling up. I was out of a job for two years, just imagine that, if I have save the money that I used to gamble then I still have some buffer even if I don't have a job.

Anyways, it's over now, I'm no longer that addict, recover, got a job, chance my priorities in life, I guess it's part of the experience.  :). And I do hope that those gamblers out there won't make the same mistakes I did many years ago.

I think this is a vital question and analysis all gambling addicts should do once. We take in granted for the immediate profit or loss we make in each session but in total we all are mostly in losses and hence important to know the figure as that much money wouldn't have been lost unless gambled. For me, it's around 0.4 btc which is around $4000 while writing this. That's actually a huge money for me to lose.

To be honest with you i really love counting all of my losses also , wherein even though  im not a big time gambler such always have not big amount to gamble. Because you know estimating my capital is the most important for me in order to avoid exceeding .and that's the reason also why always set my a limitation every day by calculating how much money i spent on it to assure i will never end up losing capital without knowing .  .So for me it's necessarily to count all your losses in my opinion.

I also count or estimate my losses when i am playing gambling, so that I can determine if I am running out of money, that is why i start to set up my limit on what amount should i only used to gamble, so that i could prevent or avoid losing a huge amount of money in gambling.

Nope,because I know that I am not in huge profits or in loss so I didn't made any effort to calculate the profits and loss then want to see net profit or loss.Sometimes I visit the history and chart section to see I am in green or red other than that no effort for counting them.

I could loss any amount and I'm not counting, I think I only count my winnings but I eventually forget it since I will make sure I will enjoy my winnings and I will not gamble it again.

Every time I have to gamble, I make sure I have a fresh bankroll, I'm not a type of a gambler who focus on gambling and aim to consider gambling as a long term business or job, I'm done with that, I'm here to enjoy more now and thinking of my loses is not gonna help to enjoy.

I stopped gambling for "profit" when I lost 1.5 BTC at PD at one go

Well, back in the day Bitcoin was not what it is now, and I lost around $500 as Bitcoin's price was around $300 then. Of course, you could say this amount is worth almost 15k nowadays (and in 2017 it was 30k), so you can easily imagine all the good things which could have been bought with that money today. But honestly, I don't think or feel this way at all. Regardless, today I play only with free coins, and I can say that I don't have a gambling mentality. I'm more of a trader, if that makes any difference

To be honest, I don't count my losses when I'm gambling but if I will estimate it I think it will be at around 50-100$ only.

I don't gamble that much since I don't want to spend many money on it but still there are times that I just think of gambling and will deposit some Bitcoin on an online gambling site and will gamble on it. I think I have more losses than profits and that is one reason too why I don't want to gamble that much.

I'm one of those people who don't count wins and loses in gambling. When I have money I gamble, if I win big its great and I will spend that money on gambling again with higher stakes, or I will buy something if I need anything in that moment. When I lose, I move on and I don't care much about it, I return after some time again and I hope for the better results.
If you start counting then gambling is too serious, and it should't be. Gambling should be entertainment, to have fun while you play, to never risk more then you can handle.

Nope bieng a gambler I didn't counting my loses because losing is part playing gambling, no need to count it I set aside money for my hobbies as a gamblers. Counting of loses is stressful, I,paly gambling to,enjoy myself and to forget all the problems.

I am not keeping tab of all my wins and losses because I do not think I will be able to. Unless I meticulously list all my wins and losses every time I gamble, I will never know my total loss. But I can remember the memorable losses like when betting 0.05 BTC on warriors but they lost because Durant got injured. Roughly, I lost 0.7 BTC in gambling that I can remember. But does the amount you lost matter if you enjoyed the game?

It won't be enjoyable if you lose a huge amount of money playing in a particular game where you lose unexpected amount of money. I prefer not to count since I'm not a heavy gamer and I only whenever I feel that I have spare money to bet with my favorite team. It's just adding excitement once you watch and knows that you have money that being use to bet with certain game. Whatever the results I don't bother to count anything.

it's hard to calculated because in a month a forgot how many times I gamble and it's not always the same in every month so it's hard to calculate even my wager, and since I'm playing in many betting sites, I will have to look for them, but honestly I don't care I like the enjoyment and I don't want to know, in the first place because all of my bets are payment for all the enjoyment I've experienced.

Not a good idea for me, it will just give me heart diseases, better to avoid doing that as I am still fit and not having problems in my heart. Maybe the only thing I would do to is count all the winnings and never mind the lose, so much to bear.

I'm not a gambler with a deep pocket so I never deposit a lot. The biggest recent lost that I had was losing $100 after picking the wrong team in a CSGO outright tournament bet a few months ago and about 6mBTC ($50-ish) a few weeks ago. Yeah, it hurts sometimes knowing that you could use the money for something else but then I remember the potential reward that I might have gotten from that bet and I'm not here to brag but I do sometimes win too. That's why it's important to make sure that your bet has a good risk to reward ratio (value bet).

I have a very precise idea of the money I have lost over the years with my gambling activities and it is not really a big amount for me but I could definitely use all of that money, but I am sure I would have spent that money in one way or another anyway, after all we all need a way to entertain ourselves and even if gambling can be expensive there are many other things which are even more expensive so I am not bothered by it, but if I had that money I will invest all of it in bitcoin without even thinking.

All gamblers are destined to lose money at some point of their journey. This is not possible to avoid loss, especially in luck based games where house is also your opponent. That is good for you is you do not gamble a lot. Gambling indeed is a fun game and should be played only for entertainment. That way, a gambler will keep himself safe from big losses. Bad happens when they become greedy.

There was a time when I started to record all my daily gambling results. I stopped when I made a break after I lost all my previous winnings, including my capital. After few weeks I started gambling again in another casino. I also tried hopping from casino to casino. If I have to think back my total losses and winnings, I think I still have a positive but small net income.

What is important in gambling is to bet an amount you can afford to lose and enjoy.     

Whenever I lose, I always think of what things could have I bought on the amount of money that I have lost and I always feel regret. If I will estimate the amount of money that I have lost, it would be around $1,000 and that is a big amount of money not to mention the amount of time I wasted on gambling.

Each gambler do had different financial capacity when it comes to gambling activity which means answers wont really accurate on here.Some might lost up hundreds of thousand dollars overall and the worst even millions specially on whale gamblers.

Okay lets talk on my part, i cant afford to lose up $100 per week yet ive been maintaining on having a weekly budget of $25 to gamble.I know its small but i dont mind too much if
i do lose it all in a short span of time.

Mostly, the gamblers don't have time to count the exact amount of money lose in gambling games but many people did estimate the amount that they have loss. I even know someone who estimate his total amount of money that he lose and compare it to the amount he won and the result is the estimated amount that he won did not reach 50% of the estimated amount that he lose in gambling.

Nope I wouldn't do it cause it will really make me disappointed with all the lose I incurred on my gambling. I just always make sure that I will not be exceeding mo my limit when I'm going to casino or any gambling establishment. I'm started to create accounts on some famous online gambling sites that accept crypto too, maybe this time I will try to monitor my losses ( hopefully none). Many people here will probably say the same feedback like me, cause it's really hard to count when youre at loss but too easy to remember when you won.

If I will do that, I know I will not be happy.

In my journey so far I know that I have lost a lot of money already and I even experience times that I loss control and my bankroll got wipe out due to lack of discipline, but I am just learning and will continue to do so, but counting my loses is not what I focus now as I just want to win.

Maybe I just have to ensure that I will always stay on my budget as a gambler, if I say my budget for the week is only $1k, then I would stay on it.

That's it.  ;D

weekly?i think its 20$ i guess?but how much i won matters all because i dont tally my losses thats for sure
well what i know is,if all those losses wasnt spent for gambling?for sure those will be my payments for bills and groceries
so that means you only played for a short time?because Mountain Bikes does not amount that Big.or you just played with small amount each time

I have done it before and to be honest not just the money that I have deposited but also the profit that I should have gained if I wasn't greedy,
I only did it once and I couldn't believe how much money I have wasted so I never count my losses again  ;D .

You are lucky you only loss that much, that amount is so manageable so you should be okay even if they keep losing.

In my case, that's just my minimum bet in sports betting and sometimes I could go higher than that amount depending on the type of game and if I get heated while playing. It's really important to learn how to control ourselves in gambling and to make sure that we always stay on our limit so gambling will not result to ruining our life.

I have not, and I have no intentions to do it either, it will just disturb mental peace. One thing though, once you have realized gambling is not worth it, it's better to leave it.

I don't remember how much I lost in gambling because I don't play every day, and I don't use too big money. But sometimes, I remember the amount of money that I have been used for a gamble, especially if I used some amount of coin. For example, if I used 2k of dogecoin, I can remember it for a day, but on the other days, I don't know how much amount I spent in the last game. Maybe I used $10 in one day, and the other day, I used only $5 because that will depends on how good my mood in playing gambling.

I am not an addictive gambler, as I play, I know when to stop already and what is only my limit on playing but this year I am to the side of losing. LOL. Although I lose what I can afford to lose so it is fine with me. Over the years I am into losing side but I don't regret that because it is just a small amount and I know how I discipline myself when it comes in gambling.

I just remember some of my losses during gambling that i have been lost $100 in a day or i have been too lost only $10 for the next day but basically i never counting or estimate my losses or my winning and everytime i starting gambling the amount of money for each day will not always be same because all of it depend on how much money do i have

I’ve stop gambling for years now, but I had an experience before that once in my life I've become addicted to gambling. When remembering those days that I had experience losses in gambling, I feel regret losing money that it could buy worthy stuff. When we estimate losses it may hurt our ego and need to control emotions towards playing in gambling so good thing I’ve come up to stop this year.

One thing is good that you decided to come out of it and doing well now without gambling as well . Else those who get addicted to it can lose lot of money and also may. It come out of it . People should learn from this experiences and also keep a tab of their losses.

Well i gamble a lot but i have never bought any crypto to gamble with. I only play with online earned money. So in the end I am still in profit.  8)

That should be the approach of every gambler. The amount played with must be a limited one, actually a small one and the games must have breaks among them. Gambling is a fun thing. Mostly people try to make money from it and eventually lose a lot. Even in the case of entertainment, it should not be played excessively. Keeping track of the losses will only bring pain so best is to forget.

That's it. We are only playing with money included for fun. The same with watching movies, we pay money for it. Everything in this world has its cost maybe sometimes not monetary but with times and effort. The very same thing with gambling, we should always put this in our minds. Consider winnings on gambling as a bonus because there is only a small chance to earn on gambling as some sort of job for our daily needs.

I have made a similar thread before but I locked it already it made me realize I might quit or someone might quit gambling immediately if he realized how much money he loses until now. But maybe some might consider it as an inspiration to win it all back  ;D

Thread: https://bitcointalk.org/index.php?topic=5198883.msg52990083#msg52990083

Anyone really count on it? I don't think anyone betting on casinos never have this habit because people who love casino may not have that much patience to do all the calculations but the sport betters have this habit,they will note everything what they made and what they lose because its just a part of their habit since they have lot of analysis work before the bets.

If you're not keeping track of your profitability, then it is very likely that you have a gambling problem.

As with any gambling experience, the goal is to win money. If you are not even tracking how much you have lost, how can you possibly take please in your wins?

EV ratios are important for a reason, learn to use them guys.

I forget the exact amount of all my losses.. but my estimate is around 0.4-0.7 BTC (not too big).  I lost the most money in sports betting and lotteries. the lottery is what makes me lose the most, maybe because my ambition is too big to win the lottery  :D

If I counted all my losses, it is probably more than the amount I've won.
It for sure nobody wants to count their losses and forget the past instead, they just face what they can today and count their winnings. I don't think that it was helpful to record our losses cause for me, it only reminds all of the mistakes I've done before and even bothering me to recover such losses.

your only saying that you won huge alot of time ? because gambling is hard game and its normal for users to loose lots of time  .

there are .  you example , you already count/estimate your losses but even me i do also estimate my loss and i think its not make sense to gamble to loose

true  . its not helpful because it makes us feel bad  . this only contributes to your badluck which make you loose more evenly in the game  .

For me its all in the past so I tend to forget it and leave it behind there's no point remembering the money I lost in gambling because it will only give a negative impact and regrets.

Im addicted gambler before so probably I lost so much amount, but I completely change because now I only gamble for fun using my spare money.

I wouldn't bother to estimate the amount of money I lost in gambling my losses is gone for good or bad I don't care I just look forward for another betting opportunities to cover up for the losses else I stay aside, counting those losses could be a source of worry and can lead to health challenge thus I tried to avoid that, moreover I only gamble with the amount of money I can afford to lose lowering my risk to the minimum thus my worries would be lesser.

I have never kept a record since I started gambling many, many years ago. I can guarantee you though, that I am in losses. I’m certain of it but I enjoy gambling & don’t bet with huge amounts.

Actually I am not counting or estimating my losses everytime I am lossing in a play or gambling session because it hurts me so much if I will count and realize that if I buy this money into something then it would be great, so what I am doing is just if I am lossing money in the gambling I am just forget it so that it would be less hurt, then assuming that I will get those amount of money that I have lose on the next day in my work. But if I will count all of the losses that I've got in the gambling session maybe I can buy a car or a big motorcycle for those money that I've lost through gambling.

Counting/Estimating my losses in gambling? NOPE, I do not do it and I wont do it
My reason is simple because I gamble for fun, I have my own budget for gambling anytime I want to gamble so once I lose it then I'll stop.
Other reason why I do not want to do it, it is because it will make me regret if I count it all. Although I gamble for fun but it can be a big amount for me if I count it since the first time I started gamble.
Probably only professional gambler do this kind of thing so they can manage their bankroll as it relates to their target.

I did not count as much as I lost in gambling. At least I enjoy what I get from playing gambling even though I have losing more than I won. Sometimes a lot of losing yesterday will be forgotten if in the future we win a lot so just relax.

if from my childhood gambling starts?i think i can build a two floors 2 doors condominium lol.

i started when i was young and i remember taking money from my parents wallet just to sustain my gambling habits .

and when i turned mature ,i spend my salary or even take a loan just for gambling.thats how addicted i become before.

but this is past and i would rather not to think how much are those whats important is i now managed to leave addiction and can proudly say a responsible gambler.

^ This kind of attitude in being a gambler must be we have. As long as we enjoyed every game, we forgot the loss and it doesn't matter how much our losses had. I am sure my losses are a quite huge amount compared to my win but I still continue my habit in gambling because I am happy with it. It's no makes sense if you counting your losses, it won't give you positive energy to get win in the next game. Nevertheless, forget the losses and continue what you like to do as long as you can control your self that is fine.

Be responsible to each actions that you make while inside gambling activities. Estimating every loses gives you a good guide whether to stop or lessen your engagement. Many heavy gamers forget about calculating their loses and be surprised once they've found out that they are empty handed. Knowing or setting up limitations and keep a good mindset that you are only playing for fun will create  good mentally views with this activities.

I have never used my personal money from a crypto site. So to say I have never once experienced a loss directly from my money. During this time I more often play gambling on sites that offer free. So this can provide a solution for me without having to spend personal money to play.
How much is my defeat? I have never lost. Only sometimes I can achieve large withdrawals, sometimes also small. Therefore I am looking for several sites offering free features such as forums etc.

So basically you earn some money online by some way and then gamble with it. If you lose that money, I think still t is equal to losing money even if that does not make a whole lot of difference to your balance. Even if the gone money was not in the form of crypto, still it’s gone. Apparently, you have more than one income source, the online earned one that you gamble with and some other. If it is this way, good for you mate.

Correct but majority  of us do really always like to count up our losses thats why we do strive to win even more or by any means.In result?
They do become addicts because they do exert or strive too much into their goal which is either to break even or do make money out of it.
Gambling is for enjoyment and if you do mind too much on your loss  and win then its better to quit while its still early.

Then you are one of those who can call themselves the smart ones, the realistic ones. Gambling is just a game and should be played with the only intention of having fun and entertainment. I o not support the idea of chasing wins and recovering losses in this game because that is pretty much impossible. The more a player tries to go after money, the more he becomes vulnerable to its addiction.

I've never tallied up all my total losses in crypto-based gambling because it'd take away too long because I use a number of sites with different games, but if I had to guess, my total losses would likely be in the thousands at the minimum. I'd likely have spent that money on other things like in-game accessories for games like CS:GO or on other entertainment-related expenses where I'd never get my initial investment back either way, though, and for the amount of fun I've had over the years with crypto gambling, I'd definitely say it's been worth it. Sometimes you pay a price for enjoyment.

I think for us to be able to discipline ourselves and control the money we spend in gambling, its just wise to count all our losses and how much we won everyday. This way we can tell our selves when to stop and if its still ok to play. We dont want to end up spending our very last money and we dont have anything to eat on the next day. Worst is we spend money that is intended for something else like education for our kids.

That was so nice of you to tell the truth. I am referring to the fact that the losses are always greater than wins in this game. It is very rare to come across a victory. Most of the times, due to some unknown reason, gamblers face defeat.  The luck is never by their side. Keeping track of losses will just bring some pain. It is meaningless too. As long as you play for fun, these losses wont be harmful one either.

But also keep in mind that as long as you don't have awareness on how much you spend and waste through gambling is much more hurtful and could lead to chaos in their life, for example yes we can say as long as you play for fun but what if without realizing the fun becomes addiction and you didn't notice it and didn't have a track on how much money you've spent in playing and if does it's too late, so maybe always monitor the amount of money you used to play in gambling to limit it and know when to stop and to prevent getting also addicted, because if you have a limit in spending money then you can probably stop yourself from getting more further in playing gambling games.

Theres no such difference on spending out money on gambling either on a gradual or in an impulsive matter because these two would have the same outcome in the end for sure.

They might differ on some scenario depending on how much a person do have a strong discipline to himself when it comes to handling his activity.Its good to have a track
but not necessarily on every details should be needed. Fun do always have a cost on gambling but be sure not to hook up yourself into addiction.

at least you have tried to double your money right?because if you got won that time maybe your statement are different from this?lol

that is the common reaction after losing,we are regretting why we need to spend our money for gambling but the truth is while we are on table?we are very confident and happy until Luck leaves us right?

Calculating yesterday's losses may make sense and still remember how much the losses are, but if estimating or calculating losses in the past or a long time I think it's impossible to remember unless recorded or have experienced the biggest loss it is likely to be remembered.
but in my opinion there is no point in remembering defeat unless there are a few things, because it will provoke ambition to make up for a painful defeat so when bets become unfocused because of thinking about a loss beforehand, it's good to let the loss disappear and forget so that when you bet you can focus, and defeat will be a lesson or as a correction so that you play more carefully and more disciplined because your goal is just to have fun.

i believe that there are only few that can do this as task,because gamblers play with no desired amount to spend so whenever they felt like quitting or when they already lose the money in their pocket then thats the sign of going home.
that matters al mate,the enjoyment we have while we are playing thats enough to treasure when we lose.
thats only a burden if we count the losses better leave them in past and move forward lol

This types of numbers make my stomach turn just imagining losing 500 in a week for betting
For me it is all for fun and I might lose close to $100 in a month then I am happy and ok with that

yes! those people who gamble on games like dice, blackjack, roulette etc won't bother to count it all.

they come to a casino , feel the atmosphere , walking around and place bet here and there randomly hope for nothing but if it is a winning just be grateful  :D :D and if it was a loss that is okay they consider it as a ticket to get the entertainment, so sometimes it is not even crossed in their mind to counting how much they have loss as it will only bring a misery and an endless regret .
pretty different when it comes to sportsbetting people often calculate everything , make an excel file etc as it is not just a game of luck.

spotsbetting require a serious bankroll management , if you did not estimate your losses , you won't be able to manage a better steady profit in the long term.

I count my loses in terms of bitcoin and ethereum, because all were wagered in terms of the same. With what I've lost out of gambling now I could've stayed happy without any debts. Now I've got debts worth two bitcoins in present price. Hope I'll get recovered from all my debts that happened out of my bad luck, greed and playing without limitations and knowledge on the different forms of gambling.

Thinking of a loss for me is foolish because it only leads to endless regrets. It might be good to experience and correct deficiencies in gambling but if to calculate the amount of loss in my opinion it is useless.


Regret is indeed a general reaction but when we try to remember the losses then we will grow a sense of emotion so we will not focus on gambling instead will be suggested to pursue more losses.

Regretting them is just as foolish as denying or ignoring. You should remember your losses and lean from it. Going into depression over them is bad but acting like nothing happened is just as bad.

I remember all my losses and frequently check stats and bet history on different services. I run statistics to make sure I'm not too far gone. After all gambling comes down to simple math.

If I were going to count most of my losses ever since I was starting to gamble I would have my own house right now. lol
But I wouldn't be here if I didn't lose or didn't play gambling ever since because I would be doing something probably my other life. Although I remember the day when I lost most of my money because I was foolish at that time but it did gave me a very good lesson in life.

No, I mean no way or don't have a reason to do so. Remembering how much I already loss will result in just chasing it which might affect my strategy to win.

A loss is a loss and what I need to focus on is only the winning no matter what.

And remembering losses will give a person a regret like what you said which is you could already buy a good mountain bike out of that losses.

Not really, I don’t because I might only be stressed knowing how much i’ve lost already even though I only use my spare money. For me, trying to count your losses will only add pressure on you playing most especially if you’ve lost a lot already. If you gamble just do it for fun and don’t bet big so that you will not lose big as well.

I cannot keep track on all of them anymore, or perhaps it is already impossible tracking all my gambling expenses. If it only involves online betting sites and casinos, it is very possible. But since I place a lot of bets outside the web, played beat game, poker, in-between, bet on cockfighting, lotteries, and many more for several years already, my losses cannot be tracked anymore. But I have to be generous to myself and estimate that I am on a break-even.  ;D

But the more exciting question is that, with all those losses, do you still continue gambling? If yes, I suggest you avoid looking back at your losses and imagine what it could have bought you.  ;D

You will have more than a house right now if you are not playing gambling ;D

I heard that one person in my neighborhood had been sold his house because of gambling. He is one of the wealthiest people in our community, and we don't know his addiction to gamble until one of his family says that he has been asking for helped to sell that house to pay back the debt. From that, we are lived in the same neighborhood was shocked and not expected that he is an addiction gambling.

That gives me to think about the risk of losing the money from being addicting is not feasible for other people, and that is why we agree on help other people who tend to addicting, not just gambling addiction. The risk is not worth what we will get later, so we need to take care of ourselves.

I'm not certain about the exact amount of my losses but I think I can buy a brand new ps4 console with that. It's not too awful for me everytime I remember it because I know there are a lot of people experience worse than me. On the other hand, it's still worth it for me since I gambe with fun and there is no one should be blame of becuse it's pure luck based game. Despite of that, I'm still optimistic in gambling and wouldn't bw descourage to stop as long as I still find myself in fully control.

that's too big mate ,meaning you are a regular gambler?or addicted to it?since you have lose that amount of money.
well maybe this time you have learn your lesson?and controlling the amount to spend in playing?

i hope so because that amount is enough to teach us good things over bad.

People who play for fun and enjoyment does not really have to count losses because you would be in a state where you will stop after some time as you do not gamble just to make money out of it. Also good thing is that you play with just spare money and just which is used for your daily purpose.

Estimating my over-all losses in gambling is impossible to perfrom because I'm profitable. Perhaps I can estimate my over-all earnings in gambling but it may be irrelevant to this post. It's somehow difficult for me to measure my over-all loss if there is any since I'm spending my winnings also which should be subtracted from the losses and those winnings are difficult to measure also because I'm doing it for several years.

If I'm gambling and unfortunately loss my funds, I immediately forget it and move on because I don't want to get stressed about it and in the end I can't get it anymore unless I will gamble again.

I don't know why I can move on easily with my losses. Maybe because I'm ready with the worst situation that may happen to my funds when I gamble :D. After all, I just want to gamble for fun (and for profits too) and I'm still ok if I loss all of my funds.

and that is what exactly will happen if we need to remember the losses,and besides being happy while playing means we dont lose at all because we enjoy our money.
another perfect answer because we need to seek for winning and not another losing.
regrets when talking about gambling is stupidity because we should have done the things and never gamble at all,but since its already happened then move on.

Yes I do,when gambling I will look for the payout difference with bet amount,if I lose more bets than my winning after placing few bets then I will stop betting on that day then begin fresh on a new day and won't remember the yesterday's or past loss from bets.This makes me not worrying about the losses,just feel the pleasure on that day.

I'm not very much focusing on counting my losses when betting. But in my principle, once I lost 3 streaks in a row, I should better stop and continue playing again tomorrow. But as long as I am not experiencing this losing streak, I know I am still on a good track. So I start playing, sometimes each day I play it automatically bet and I just watch how it goes.

With regard to buying something from my losses, I think I could just buy a single phone with it. I am not really that used in tolerating myself in losses.

I think most of us here have more loses that winnings in gambling and yet we are still doing it, this means we are enjoying and we accepted the fact that when gambling, gamblers usually lose more than they win.

It's a proven fact since there are only few who are successful in gambling and the gambling industry keep growing.

Actually I even try to count all my losses and debts just because of gambling and I am pretty amazed that I have just throw a lot of money just to supply my personal needs in order to gamble and go to the casino to play poker, roulette or even baccarat. If I will count all of my losses maybe I can buy my dream car and motor bike because of the very large amount that I have been lose. But that's okay because all of the money that I intent to lose is all the money I can earn in just a little time so no disappointments about that.

People doing it for different reasons even if they knew that they were losing,one who enjoys while betting but this probably very less person compared to other kind where people bet again with the hope of winning back the lost amount again,yes even we know its hard they still have the hope which makes gambling as more successful business for centuries.

I count my betting stats even since then and actually I don't feel anything on it since for me it's different time not in bulk and I actually enjoy the game but those losses is not big since I'm not an addicted gambler which bets huge amount, I'm controlling myself since I didn't take those games seriously. and my personal favorite is poker and betting on sportsbook since I'm a huge fan of NBA.

That is so true. Gamblers keep on trying to win a game and they do not hold back from testing their luck every time. Even after gambling for a long period of time, still they play with the same confidence and hope. This is why I suggest to not gamble until patience and self control is learnt. Making your money every time on stake is risky. The regret makes sense because no one enjoys losing money.

I am a gambler but I did not regret losing money as I ensure that I only gamble what I can afford to lose.
People will only regret when they go beyond their limit because they loss control and bad consequences happens.

For many years of being a gambler, I become more matured and understands that as a gambler I have more chance of losing that winning, so I make sure I always gamble within my limit.

It is because gamblers tend to take back their lost money and keep on trying without realizing that they have more losses instead of taking back their money. They keep on going that give them more profit loss and test their luck until they win.
Self-control will only be done if a gambler knows how to hold back, this is not a simple thing to do that every gambler is being forgotten when playing.

Yes. I always count and estimate my losses after playing gambling, so I could know if I am going against my limit when it comes to spending my money in gambling because I will be in trouble if I lost all of my money that I can't afford the things that I need, that is why I always bring the only amount of money that I need when I will go at the casino to gamble to avoid losing a lot of money.

Thats a good thought. MOst of the times I think what i can buy with my losses or where I can invest that in. I hardly thought of my losses and the opportunity cost attached to it. I generally see if I am making break even. If I sit to think on it, I might be able to afford a good music system with my losses.

And how it affects your life? Does it gives your realization and feel regrets of those losses? Then. I hope it gives some and helps you out from being in trouble in the coming days. Cause for me, I'd never find it good counting the amount I've lost, it only gives me depression and can't even think good every time I remember it. For sometimes we need to let go and forgot the past, accept it and tried to correct our mistakes for not it happens again. x

I don’t think it’s realistic, I gamble from a small age and spend a lot. I had a lot of gambling hits this year, but I think I just equalized what I gave. For the past five years, I have been spending $ 800 a year on a yearly basis, with accrued profits (the bigger ones, I can't remember small). which is only about $ 4,500 over five years and I don't know the other years because I had a break and didn't have a good income.

I am neither a gamblers so I don’t do some of these heavy gambling that requires me to go into waging high amount of money, I respect myself a lot, and I know that it will create issue between me, my wife and my children if I do so because right from onset, my wife never likes gambling and even when the children are playing some games that I buy from them, and if it has gambling in it, she will switch it off immediately, so the gambling I would say that I do is just some of these few sport betting.

Also, when I bet, I bet with very little money that I know would never kill me when I put it into sport betting which is even once in a while that I do that and not all the times, and since I started sport betting, I think that the highest amount I have lost is $170.

That's how it should be but there are people who do make up these loses as their inspiration to move forward on gambling? Sounds pretty odd but

they do actually done such thing.Mistakes and losses should really be forgotten as said these are stressful things rather than an inspiring one.Also
this would only push you out to play even more because you do mind mainly on how to break even  or recover up those losses.

Maybe you are lucky that you've won a lot than of losing cause in the most gambling experience, it was different and the OP got the point and seems to be the real scenario in gambling. And I could justify it base also of my experience as I have addicted to cards gambling before. Though it was just of the small amount per bets and if we calculate it, can't imagine how big it is.

It might be bigger than you calculated but you may not remember all.
I personally don't think it wise calculating all that you have spent in gambling as you will end up been heart breaking. For some people it can even lead to addiction as they can gamble more, trying to recover all they have lost.

I lost some money gambling but it wasn't that much really. I don't know the exact numbers but it was less than 200 dollars.

I usually keep my wins and losses in balance with a slight tip towards the loss unfortunately. I'm also not a frequent gambler and when I do gamble I don't place big bets. It's usually $20 here $20 there.

Don't beat yourself up if you lost a lot. One day you lose the other day you win and life goes on. I lost so much by not trading BTC when I should that I could buy a good car but I don't think about it. Nothing good would come out of it.

I don't think that they are using it to move forward on gambling.
I think they only count their losses just to know how much they need to win back every time they gamble, and that is one of the reasons why a person becomes greedy and take more losses instead of moving on and winning more games.

Sometimes but I usually don't 'cause it gives me headache lol. Well I usually set a standard on when I should stop when I got straight loses after that forget it and move on. Based from my computations I could buy a TV not the branded one but somehow good. Anyway, I don't think I lose the same price as you. It was somehow big for the likes of me.

Then you don't experience the real thing about gambling. When you suffer losses in gambling, that is the time you will look for a way for you to avoid getting losing. Doing some analysis and investigation about winning more than losing.

We all know that losses are unpredictable, but having strategies can also lessen the risk of losing money. Just limit your bet to your maximum amount that you can.


Counting all your losses is essential so that every time you lose a certain amount of money, you can retrieve it. You should list it to your note, all the money you've spent. So that when you try to gamble every time, you have an amount to reach for you to win and reclaim all your losses.

Not having a record will lead you to ignore all your losses. When that happens, you are not aware of all the damage you had in gambling.

Is it really matter how massive gambler you are to experience the real thing about gambling? I think it's not. As he said, he didn't gamble with more than he can afford to lose and I think it is just the same with other gamblers. It is not true that he wasn't able to experience the real thing, he experiences losing and winning, he also looks for a way to avoid losses even having small money to play.

I don't think it is necessary to list your losses. Well, as for me, as you win is what matters the most. Thinking of your losses will only make you greedy, as long as you win, the past losses will not matter.

At first there's no consideration if we're going to loss an amount of money which we didn't expect. When I summarize all money I have wasted since I was going gambling at my local lottery area until now, I probably can buy a low costs housing on that. Without any knowledge on financial literacy, all of us could likely fall on losing such amount of money without knowing it. Our desires to win with gambling, was really frustrating once we encounter more losses in the midst of the pressures.

Keeping yourself reminded about your losses could be a good thing or a bad thing to you, it depends on how you are going to look at it, because if you do have a record on how much you lost since you've started gambling up to now, it could wear you down and make you lose your confidence (which is a good thing for me) but not for those who decided to keep up for so long then suddenly stop because of too much depression.

But if you don't have any record at it, I could say that you are sailing smoothly, not bothering about the money you have lost or losing, probably because you are playing gambling with moderation and not getting yourself driven by addiction.

When ever i gamble i think the same and i am gambling with bitcoin for a long time and in the past i never thought it was a big deal but if you take into account and see the figures the amount i lost is really huge considering the price of bitcoin right now. I do not regret when i lost those big amounts but then if you look back it is a huge amount considering the current valuation.

 

We don't need to stress out ourselves to the things that can not be undone because the only way to to succeed is to move forward. No matter how much you lose in gambling as long as you learn each of your mistake, you can improve your strategy by looking at your previous mistakes.

Don't get the idea of chasing losses because it will be a long-term burden and most of the time nobody win back their losses. It's okay to lose, just don't chase but instead try a different approach/strategy.

I will say don't do this if you don't want yourselves get stressed,we all know what we made from the gambling unless we seriously addicted to it and forget all the past happening but as normal gambler calculating the profits or losses will tempt you to play again and again because of you got free money or you actually lost your money.

I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

If you will play with a limited amount of money, then there is no way to exceed your limits. Even after continuous losses, the total amount wont exceed than what you set earlier. However, if you like going this way, it is also safe because you are keeping track of all the gone money and do not push the amount any further. As far as you r strategy keeps you out of dangers, it is the world’s best strategy for you.

So this means that you are in the profit in gambling. This is very rare in gambling as most of the gamblers are either in loss or trying to recover their losses. You can further share your strategy on how you play with how much capital and your action plan in case of a loss and a win. Will be helpful for the others.

Oo this is a rather awkward topic, personally I am quite passionate, which has repeatedly led to attempts to recoup on my part.
The scenario is very simple, I win, revel in victory, then lose, and from that moment I begin to recoup, and as a rule lose even more. Realizing this, I am finishing the game, thank God I have enough mind for it.

Lol, you better actually not count it, because frankly, counting it makes us take more pressure to win back what we have lost and if we don't count, then we don't have a fear or a burden of responsibility to win back what we lost.

Counting your losses is like a double edge sword. On one side, it can help you to manage/control your bankroll so you wont lose more than your limit but on the other side it can be something like what you have just said. It depends on ourselves imho, as long as we can control ourselves then there will be no pressure for us to win what we lose back.

I totally support what you said because having some good time usually require spending some fund and I don't see any reason why a gambler has to calculate his losses since the gambler only gambles with the amount he can afford but play daily for a week is something I somehow don't support cause it can lead to addiction.

I totally agree with you mate, once we have realized that we have made a mistake, it is the mistake that we should just look at and stop never to do it again and not the things that make up the mistake. I have lots so much money in gambling, and when the time came for me to realize, it was already affecting so many of my things financially till the extent of it affecting my family feeding food.

It was then I realized that it is the high time to stop this before it gets too deep or become a chronic gambler, although the reason why I was gambling was to add more money to the family, but now that I cannot achieve that through gambling, rather than calculating how much that I have lost, I would use that opportunity to just look for further solution and how to go about it.

Anyway, betting small and large amounts in gambling will have an impact too, but the most important of all this is not to make a loss into a motivation to continue betting and even to stop. There are many purposes and objectives in gambling and when we have lost then let it pass and there is no need to estimate the loss because it will only give a negative effect to yourself.

So now you really have stopped playing? The crypto that you use to bet whether comes from the money in your savings? Now many gamling sites that provide free crypto for us to play. Why don't you try it? who knows later you can take back your past defeat.
Even if you lose you will not lose anything because it all comes from free coins.

Counting the losses can help people realize how much money they have been spending on gambling. For responsible and decisive gamblers it is a good method to track balances and modify them if you think you are spending too much.

It is a self-corrective method to control their gambling addiction or possible addiction which can potentially be harmful. Bankroll management is another different topic which is important for those who are placing bets on different market and need to balance how much to bet on each team but again keeping the total bankroll safe.

Keeping a careful track of the money that you wasted through gambling is a good practice. I guess a careful and disciplined gambler should know how to properly account for his losses and winnings. If one is not just gambling for the sake of wasting money because he has so many of them, then one has to know how to do the math.

I admit that I cannot anymore tell whether how much was already lost or whether it was bigger than my winning but I can say with certainty that my losses were not that big enough to cause any significant changes to my life. Everything is tolerable until now. 

I haven't counted the amount of money that I have ever lost.
That mostly happen because when I gamble I place many bets with little amounts of money. This makes me lose counting both the bets and the money used at them.

me too. because in my opinion, when I count the number of my losses, I will focus to avenge the defeat and try to change the value to be plus. also when gambling just for fun, we shouldn't count losses.

I'm used to counting money.
Income / expenses, it has become so habitual that I can’t imagine how I used to live without it. I regard gambling more as entertainment with the possibility of earning.
However, I record the income and expenses from gambling in a standard format, like the usual flows of my funds. It's all exactly my money, and money loves counting.

You got the right mindset. People like you are the ones to succeed monetarily. Every movement that involves money is calculated according to its risk level. I will also try to do this. Because sometimes when youa are enjoying too much, we forget that we are also spending more than enough of our budget.

really?wow are you an accountant?lol

is this really possible that you've said that gambling is just for fun but you literally Logged all the winnings and losses?

like what the above posters says?for sure you will become successful in life mate and hope you'll continue that attitude because that will help you prevent to become addicted in gambling.

Playing gambling is enjoying, and if you are looking pure fun in and also gain some extra profit, your goal is to enjoy the game. Still, most of us, while enjoying the game, we didn't notice how much the money we lose every time we play. Me as a gambler too, I always playing a different kind of gambling every time because this is part of my daily routine, I need to gamble first before I finish the task I need to be pass. I just set a value of money to control and limit the possible money that I can lose. One of my most significant losses in gambling is just almost a 150 dollar because I become desperate to earn back the money, then I risk my wage, and all in the last money I have, we also called max bet. Then I regret my decision because by the end of the day I didn't get any profit.


Some of us have our different lucky day, we are trying to play gambling because we are hoping we can get a profit by just playing, but it is not happening. Still, we just received is just a loss and deduction on our money, Sometimes we regret those mistakes and wrong decisions, but still, by the end of the day, we must think positive and trying to earn back the money we lose but not risking all of our assets.

People who have a good mindset makes a good money management, calculating both earnings and expenses can limit you up or allow you
to balance your bankroll. Though it's really hard to control when you are calculating your loses as you might be tempted to play back when
you see that you have funds to try to win back those previous losses that you have. Controlling is very needed to make sure that you are
in the positive side of this activities.

When i gambe i just lose only 10$-20$ because i have no hrdd work here.  And that capital if i calculate may loses is big than my winning. So we need to be smart if we entering gamble we can be a wiser person i think we need a luck also for that so we can get a profit or win a big.
100$-500$ is very big amount for a capital in building.

Losing $10-$20 is okay, but that will be a problem if you are too often to lose that amount. It is better to use $10-$20 in many times of playing gambling than to lose that amount in one time only. Maybe you can use $20 to buy a low price coin like Dogecoin and send it into your account on the gambling website so you can gamble anytime. But you need to limit the amount if you want to play and don't spend all of the amounts in one day so you can have another chance to play the next day.

I didn't experience much loss in gambling, because for now I rarely play. But I remember the time every day I played gambling, There is always lost money as it loses, but I forgot how much, but not big because I was only a player with small amount, and I was still afraid to play with big amount. So I can still control it.

Short answer.... "no".
Long answer.... "no because I have no loses"! ::)

Then your comment is biased one because you dont play. This topic would be more informative if you were a gambler and played more frequently.

Your post makes zero sense. If you are playing less then your losses will be less compared to someone who plays everyday. The average money spent per day is applicable only when players in comparison are playing at a fixed interval.

Then again losing money in gambling is nothing new and which is why people should refrain from chasing losses and trying to win lost money back.

Impossible! Everyone suffers losses from gambling.
I cannot believe that you haven't lose any of your money - the only way you won't do so is if you have been gambling for a little time and you haven't yet come to the point of starting losing!

Sometimes yes sometimes no.. it doesn't matter, a loss is  a loss and what's important is I am enjoying what I am doing.
This is what we do if we are gambling for entertainment, otherwise, we will get disappointed knowing we keep losing, the thrill will be gone.

maybe someday if I will really focus on my journey being a sports bettor, I will surely have some tally on my performance and money, so I will know my real chances in the long run.

i think i lost a lot but i can't remember how much, if i think of it maybe ill cry because of that much money i can be able to have a business already
but thats life, once your hook, there is no coming back, only regrets, if im not mistaken i already spend like 10000$ in gambling, and im not happy with that
thats my regret in life that i do gambling , but its already the past and im trying to move on from it, start by not remembering that bitter moment and trying
to smile everyday i hope there will be a chance that ill be able to get what i lost

Yeah, it is impossible to stand long in gambling without experiencing loses. I too think the gambler is in his early days into gambling, because initially majority of the gamblers experience winning though they don't have much knowledge about gambling strategies and tricks. Once the losing streaks begin there'll be random wins and loses. Another thing these days gambling sites give detailed info on the profit and loses on the account itself.

It is possible to have no losses if you don't play in the first place. I think he is not a gambler that take risks or maybe he gamble by using only faucets or what (IMO).
We all know that there is no way that an individual gambler won't be having losses from the start he gamble.

Would it just make our feeling worse if we care about our losses? Because for me the only reason why loss are important is for us to avoid getting that lost again overtime. And if just go back to that problem often, it will just put us in a psychological state where we could not focus on thinking positive and be stuck on that losses.

Its not necessary to count your losses because it will only bring sad memories or regrets. Even you remember or estimated it all what good can it bring?

Losing is part of gambling and we should know this before putting at risk our money unless you're playing to have fun.

When you start to play gambling? Did you lose almost $10.000 it was from you began?

Greatfully you still remember it or at least you will make it as an experience when intend to start gambling again.

Losing a lot of money just for play gambling is really terrible, moreover you use the money for your daily need. That was a learning to avoid it again, became a gambling addict won't make you happy. It will always be imagined and even become a phobia that can just destroy your life.

From the very start I know that gambling will either give money or lose money but as I estimated I proved that gambling is more likely just wasting money yes sometimes a gambler can win a big amount of money but without that person's realization he/#she didn't think how much money that has been spent or waste in short if we weight the lose and amount from winning I'm sure lose money is heavier. Just like what personally happened to me, at first I only use cash to gamble from doing job using cryptocurrency or faucet and airdrop, but without me noticing I starting to use my money just to play and after waking up before the most terrible nightmare I reflect myself and estimate the cash I lose, I regret because with that money I can see things that could help me and my family to provide our needs. So I stop playing because I will mot lose money anymore if I don't play again.

there are some people that very specific in every single amount they spend even if this is for foods,housing,clothing or even luxury so as their gambling budget that is why they are making a ledger indicating their losses or even how much they win so it is depend on the person on how he is dealing with gambling.
but we have same thoughts that it is better if we forget our losses and just remember the enjoyment of playing.

It will only trigger the greediness inside of you. It will not bring anything in the first place but it will make you to realize how much you've lost and most likely, you will feel of wanting to earn it back by playing again.

Yes and there is no gambler that never experience to lose, everyone should realize that everything we lose is already gone and never been get back.

absolutely it will only brings us the bad feeling whenever we think of the losses ,why not instead of thinking losses is we just continue the enjoyment.
losing is part of gambling and besides it is more than winning,so if we decide to gamble then we must accept defeat .

I have not lost those big amounts, the highest I've lost was $50, I'm a very nervous losing a big amount of money in gambling so I'm trying to keep it low and just gamble for fun, maybe with all my losses I can buy a cellphone already, this is just an estimate may be higher.

A kind of mindset of which a gambler must have where he do think that those money being spent and lost in gambling is completely gone forever and they shouldnt tend to chase those and have the plan to
break even on what you lost.As said this will only just trigger out negative things instead since you do know that youve lost too much and as a human being you will normally react and have that thing on mind when it comes to possible recovery of those losses and might even thinking to play even just to break even on what you have lost.Its better to move on and dont tally any numbers or tracing up history because it will just worsen up the situation.

My rough calculation is, I can easily buy a good cellphone that's worth $400 here or more here in our country, but heck the enjoyment and the fun I've had is priceless, I believe if you are making fun gambling you need not calculate, it takes away the fun once you calculate what you can buy with that amount.

Exactly, we know we loss a lot but we accepted it because we are getting entertain that no other things can give to us.
We can enjoy outside with our family and friends but gambling gives a different kind of excitement and it's a kind of challenging game where sometimes we are rewarded, so its worth to take the risk as long as we are always in control.

I stopped calculating my previous loss, I can afford them so I can let go of them.

That was precise and right on the mark. Gambling is more about losing than winning and no gambler can claim to never come across defeats. It is bigger part of this game. The right way to play gambling is just enjoy the bets and forget the results. Even is a person wins more than losing, still he should never let this make his greedy or develop a thinking that gambling can become an income source.

There's no make any sense if you are calculating your losses in gambling. Many people are happy to see that they have been a win even with a small amount and can't cover the entire losses. On my own, I never count because it will regrettable to my side if I know how much my losses compared to my winning. One thing that I have known, the enjoyment that I get in gambling is priceless and I think that is enough for me.

Main mistake of the majority on where their perceptions towards gambling comes to a point to be an unrealistic one and as said they do treat it as an income source instead seeing it as an entertainment
and this is where things becomes messy.

They would only later realize that they are wrong when they experience unfortunate events.Gambling is never been considered to be a source of income and this should be put up in mind always.
Dont count losses nor wins, just enjoy the game and the leisure you seek of.

I rather think of all those entertaining factors that I've got from my gambling activities than counting those loses that I've committed. There's no arguments regarding to how people mostly suffered from defeats than winning inside the gambling house. Though there's different factors and
reasons why people loves to play even the risk of losing is much higher than winning from this venue of activities.

I will not count any losses ,it can only frustrates me and make me regret the decision that I made that leads me to losing my money. It is not bad to count the money you have been losing or make a calculations but emotionally speaking , it will not help you focus on the next game, it will frustrates you and makes you bet until you got all those money you have lose .

If you are 100% doing it for fun, there's no need to count your loses as long as you are gambling within your limit.
You will only need to keep track of your loses and winning if you are building a career in gambling and you have a decent amount as your bankroll intended for long term, that way you will know your long term performance if you need to continue trying or just stop and gave up your dreams.

Do you think you would still have such enjoyment, if you totaled up your wins/losses?

There needs to be a balance. It's fine to lose money, but not if it's causing a detriment to your lifestyle.

I know millionares who lose a couple grand a week gambling, they can afford it because it is negligible to them. The same wouldn't be true for somebody just scraping it with a standard salary.

Yes correct, it is not bad to enjoy your gambling moments but losing so frequently and you enjoyed it is bad. Your gaming lifestyle needed to be balance , you need to win also not always lose. If you will calculate your loses it only makes you want to play and play until you get the amount youve loss , but sometimes it only frustrates you and you start losing more.

wayback when i was new in gambling?yeah i almost recording all my losses and winnings whenever i gamble.

but things get worsen because when i checked my losses?all i want is to recover and win back the amount again things that brings me more losing streak.

so i stop recording and just play with some amount each time,lose or win i will leave the table in specific time and i fount peace and enjoyment from that strategy.

Lol, talk about a racist when it comes to social status in life. You already said millionaires, of course obviously losing a grand per week is nothing to them, it's only a small part of their wealth compare to those regular gamblers, but it is their choice what to do about their losses, wether they chase it or tally it, it is all free.

Maybe they find enjoyment there but you can't, we have different level of entertainment or fun, also not all people have sense of humor.

Then how it feels seeing those numbers? It probably you can't imagine how it going like that and it never gives you encouragement instead of being disappointed. That is why I'd never want to have a record of my losses. If we lose, we just consider this as a part of our gambling life and we have to accept that our chances of winning in here are just of 50/50.

while i do believe on your points but i disagree on that 50/50 chances because gambling is more losing than winning so giving a equal chance may cause frustration.

you seems to be a gambler and you knew that the chance of winning is lower than losing right?and for me its at least 70-80% of losing while 20-30% is for the win and thats fair enough i guess.

I think I can just buy a ledger nano S for all the losses I had before if I count that, but I prefer to have fun than to save too much because I could buy a ledger nano anyways even if I lose. I got mine now, and I am thinking about storing funds in it that is not supposed to be for gambling but for serious investment stuffs.

That was something but it is best to never keep track of your losses. It would bring pain, if it brings anything at all. There is no point in making yourself sad about what has gone and cannot come back. Even for those gamblers who chase profit, they should forget about the bets that they lost. Gambling is a fun activity and gamblers should play it with the same intentions as you do.

The casino wins in the long run because the gambler does not stop playing and keep chasing losses. During this period the house edge gradually keeps taking a portion of the bankroll with every loss making the total loss bigger with every wrong bet.

The chance of winning is always a 50-50. Chance of rolling a number and chance of winning is not the same. You can set the roll meter on the dice game to a certain section but the chance of winning or losing is always same.

You are making a wise choice. Changing habits is always for the better and they can be no other than controlling what you feel is making you waste time and money.

Those who do not want to lose and are very cautious about their money, they do count the losses and profits to check if they are total profit or loss. If anyone is placing gambling in a single site, then he can also check the history of wagering and he will come to know the total loss or win. The manual precise calucation is time taking but it is worth it if you want to plan your gambling and make sure you do not lose much of your saving in gambling.

Yes, but with that kind of trait and behavior it could be very harmful to them it will let them keep on bettint till they will get the amount they have been losing. Do not count the lose that you are facing ,instead count the amount you are winning so that it could motivates you in  every way. Counting lose will only demotivates you.

your points are indeed but this is depending on who's.there are responsible gamblers and they are just tallying their losses and winnings for formality.

and they want to estimate how much they can lose at specific occasions whenever they are playing.

But if we are losses much money than the winning that we can get, that will make us think about how we can recover the losses and sometimes, that can attract us to play longer. We can get another loss, but we can not always win in gambling, so I think even if we count how much we lose and win, that can demotivate us and can make us play more and more.

Coupe of good things is that firstly you are keeping a track and know how much loses you have made so far and also you play for fun and not for just making money from it. This will help you to enjoy more than worrying about the losses you have incurred

Nothing is bad I guess if you are good gambler you will not feel shy or hesitations to talk about your lose or to count your lose. It will help other people to know about ways to recover lose and you will be able to make estimation about how much you won along with lose. Better keep talking about lose and profit both also keep in your count the amount of wining and lose.

But not all gamblers want to tell other people they're losing because that gambler will feel that is an embarrassing situation if they know. But I agree that if we tell other people, they can give a solution to us so we can prevent the big lose although we still getting lost. Besides that, we can know which part we can do to avoid doing the same thing.

Yeah, I've got it. What I'm trying to point out about 50/50 is the possible result in every bet we made either be winning or losing. But if we are new into gambling, it probably more of losing rather than winning.
But anyway, this is all about our chances, we lose in multiple times but we are still in gambling cause we know that it somehow gives satisfaction when played on it. The most important in here is that, we know our position and we know also our limitation and for that sake, we are able to control our self away from being addicted to it.

In my opinion I don't think that a serious gambler will be able to count all the loses made,  speculations might just be the case about how much that has been spent,  as for me I can't count my loses,  although I know it's huge,  likewise I can't count my winnings because I've got a couple of wins,  only the Winning  with huge amount that I can easily recall

Well, they do, they are serious that's they will count not only their winnings but their loses as well.

They will do an accounting of everything to determine if they are in profit or not because they treated gambling as  job or a business where their goal is to be profitable in the long run. I can say that based on experience but have failed my ambitious journey, now I just stop counting and just enjoy based on what I can afford to lose, it's not a big amount anyway, loss but have enjoyed at the same time.

A "serious" gambler can mean both an addicted money-burner or a diligent gambler who takes care of the bankroll management and plays accordingly. What you describe is the first one.

Although its debatable the second group of gamblers also exist. They would be calm and composed to not waste more than 10% of their bankroll and stop when they lose it without trying to chase the loss. This might seem difficult and it essentially is because one has to master their emotions to be able to do this. Moreover one who can do so would not be a gambler anymore. ;)

This depends on your own mindset like how you describe successful gamblers based on your own experiences. The thing is few people are indeed positive type of gamblers who stay calm under both scenarios i.e. whether they lose or win. They don’t lose patience nor become greedy. We cannot consider all winners diligent because yes some are there only for money and they become greedy with every win.

very few people can actually do the accounting of their losses and wins in gambling. its too tedious to do so. if they do that kind of work, most of them are treating gambling as serious business.
 so for me, just enjoy the moment because i really dont gamble so much nowadays. so theres no point of accounting the money that i lost and won. you are just wasting your time and effort on this regard!

Perhaps, some of a serious gambler already count their losses, so they know how much money they lose. They can be wise in the next round, and they will think about how to prevent the other losses, although they cannot prevent it. I guess that if we can count how much we lose in gambling, we can see how big the money that we already use for just playing gambling. Besides that, we can compare how much money that we can win and lose, and if we become wise, we can limit the money that we use to play gambling.

Before I did counted all of my earnings when Im addicted playing by counting your losses or computing it can be trigger for you to play more and that's what happen to me so my losses grew before. But now I did not count my losses because I have plan and goal and Im happy because Im contented to what I do in gambling right now just not like before so better to forget your losses and keep playing with controlling yourself.

maybe they will do at first when they are smarter and not addicted to the game mate,but when they are hooked?for sure they won't give a damn on their bettings because all they want is to play and seek for winnings9things that already given that hard to have)and besides it is not enjoyable when you see that the losses is too much higher than the time that you win lol.

After a big loss that gave me a set back an year ago, since then I started counting my losses , my wins and even control my budget. I always set a budget before joining session and also have weekly budget dedicated to gambling. I also make sure not to exceed the budget , sometimes I do to get leverage but that is controlled too.

This is what I think ideally people should be doing it as many people are budget constraint and this is a good thing to note all the wins and losses and this also gives an estimate to people that how much losses if any incurred in gambling itself. Also have a budget for gambling as it can lured anyone, and people can go after it long way and also losing lot of money if people are not in control.

I also journalizing my gambling history, I keep doing that in order for me to monitor self. If you will do journalizing, you can know your win rate and lose rate. You will also going to have an idea if your money is growing or decreasing. There are gamblers who are not journalizing their gambling history and that is why they do not have improvement in terms of skills and diversification of their funds.

How do you mean by journalizing your gambling history. You mean documenting each time you wager in a spreadsheet?
I think if I would have written down each time I made a deposit on a gambling site it would make me go insane seeing all the money I have wasted all these years.
I probably could have afforded to buy a house with the funds withdrawn from my bank to transfer into crypto. :-X

I consider the loss that I experienced as a price to pay, I do not do calculations to avoid anxiety, just like any other business that every calculation can only be managed when we can measure profitability that makes sense stably, there is nothing to regret as long as the mind is still calm in gambling, and most importantly, always play comfortably.

No, I never count my lost money by playing gambling. Because I know this money will never come back. Because in gambling, it is a very difficult task to bring back this money. So I never thought about it. But yes I try to prevent financial loss. I try to play with little money on gambling. However, I do not count my losses. Because if I count, anxiety will increase.

Thank you.

I don't play a lot in gambling sometimes I only play once a week sometimes not even once but surely if I start losing around 20dollars I know that I need to stop already.
And then I could try again some other time I think the money that I lost is just going to increase if I keep on playing so I stop playing as soon as I lose around that money.

20 might be really huge for you and you can only afford to risk this amount  .  that is good because you know your limitations  , whats more gooder is that you are only playing atleast once a week which means that you are free from becoming a gambling addict  but id like to know if you already remember if how many 20 usd you spend on your lifetime as gambler ? and what item you would like to buy with that total amount of  money   ?  i dont estimate or count my losses as a gambler but if i like to buy a thing i would have buy it first than prioritizing gambling and regret at the end  .

Gambling is treated differently by different people and this is why some like to keep track of their losses and profits while for others who are playing it for fun, it is extremely wastage of time as you said. If gambling is a source of income and that too not only for you but for your family as well, then you do have to keep all records of profits and losses along with becoming vigilant about the strategies used.

For sure if you are gaming so we will face win and lose but we should not make it ego problem or something else. We gamble because it is a way to have enjoyable earning. If you lose just try to learn from it make sure not to repeat your mistake and count the amount you lose and you win so it will help us to know is gambling good for us or not.

I'd find it difficult when we consider gambling as a main source of income and for the family needs cause I can't imagine how it could sustain. If he/she always on track with their losses, it probably they'll notice that they spend a lot of money just for luck and even lose a lot more than the amount they won. I may have to respect those people but I'm just worry if they could manage to provide their necessities and to give a better life of their kids..  

In this world, there are so many people who treat gambling as the main source of income and they get good income from it but as you said we are not sure about what going to happen. We are living in this world where new techniques are more applicable and useful so better keep your losses in mind and never spend too much to recover you're lost.

if I can calculate in detail, how many losses I've experienced in gambling to date might be quite large compared to the profits gained from the games that I have won, therefore I cannot calculate to estimate the losses that I have experienced, of course the losses that I have experienced so far are big enough if they can be calculated from the beginning I gambled.

Although I am not big gambler as well, but clear answer is never. I never calculate or estimate ever about loses for gambling. It's just not for gambling, even some on other platform like trading I have lost some but didn't calculate what was amount.

Also I believe most of gamblers not doing such as calculations. Because usually gamblers forgot about past when they win a quite big amount. And of course sometimes even loser could win big. So I think they also not wonder to calculate their loss.

No I have not counted all my losses because I have not lost much in gambling because I have control on myself and I mostly play with the signup bonus and try my best to learn well with that money after that I try to spend some money but not in large amount.

Yes. I also estimated my losses after i got home from a casino, especially if i lose a lot of money, so that i could if i gamble too much. It is also the reason why i only bring the only money that i need in gambling, so that it would not be a problem if i lose a lot of money and i already know how much money will i only lose.

It is easy to control in physical casino adopting your strategy to bring only limited money to casino but in online casino it is much harder to control ourselves as we have also our wallets online and if we continue without control then we can lose all our money till the end of our money or a big victory I think you have either not estimated your losses in online casino or you do not play in online casino.

Yes it is okay to calcuate the amount amount of money you are using when gambling, especially if you are begineer gambler, for you to know how to manage your money  and allocate it in different ways. In online casino it is okay to put even 1btc if you have but only bet little by little amount, do not put large amount at first bet because you might lose it.

    I don't count my wins and loses in gambling. I'm not some big gambler, couple
dollars here and there, some fast game like crash or dices, or sports betting. I never
spend all money, sometimes I win some little amounts, and I don't have a reason to count it. I don't except much from gambling, it's just entertainment, I don't risk much so I can't win or lose a lot, there's no need for counting, there's a need for fun.

If you can do that, I think you will be sad if you can know that your losses will bigger than your winning. We will have a passion for recovering our losses so we can play longer than usual, and of course, we will spend more money to try to recover the lost. But if you don't calculate all your losses, then you don't think or never think about how much you lose, and you will still playing without calculating the loses.

2019 is about to end in a few days and its a good practice to go back to your accounts and see how much loses have you made and how much profits did you made as well. Its not going to take an hour to finish that even if you have a lot of transactions made in 2019. Whats important is for you to know if you are making money or you are losing it and yet you don't know it. How are you going to manage your finances if you don't even know how much are you making in a year.

I am the person who don't likely spend a lot in gambling so I think perhaps if I calculated it I could buy a single phone. I've only gamble once or twice half a month with a small amount so I don't think I have lost a huge amount of money. Besides, I am not using gambling to earn but rather use it only for entertainment.

That's much better, if you could continue enjoying and not to calculate those loses then proceeding will be easy and smooth, while in the other hands, if you calculate and learned that you have more losing than the amount of your winnings stress will start to remind you about those loses and you'll be finding yourself trying to recover back and instead of being contented you'll start being greedy and keep trying to win more.

We should prevent that stress that can come in any situation even if we calculate our losses, we can think about how we can get the winning. At that time, if we can win the games, we can feel greedy, and we can remember the losses, so that will attract us to play more and more without thinking about how if we get another loss. If we are trying to recover the losses, we will feel difficult because gambling is not an easy way to win the games.

that is why we must not record all our expenses and winnings in gambling instead treat this as a extra activities and expenses so we will not have any feeling of recovery because that is why many turns to addiction because of continues willingness to win back those amount they have lose in gambling.i have met some friends doing such and i myself had this before though i am lucky that i manage to pull out myself from being one.

Forgetting all losses when gambling is a good thing, because if you remember or record how much loss you have experienced, it will have a negative impact.
and when you bet it will trigger you to play with ambition to win because of your previous defeat and if you lose you will never be satisfied before you win it, and things like that will make you a gambling addict because of dissatisfaction and greed wanting to make up for defeat .

Nobody with the true spirit of gambling would ever make those analysis as this would only break your spirit and morale placing insane bets which can hit the jackpot at anytime. If you have chosen to be a gambler then you got to study the field in which you play and get to know it like you know the route to your own house because when you finally hit that golden jackpot someday all these pennies that you lost along the way would be forgotten. It's all going to be about feeding on lobsters on a yatch! 8)

I think I don't record all my expenses and winning because I know that my loss will be bigger than my winning, and I don't want to know how much it is. That can make me feel not good if I know the amount, but I can accept it because I don't use gambling as a way to make money. We need to pull out ourselves from gambling before we are late to realize, and we lose everything

If I record all of my loses, I am sure that it will just make me sad. Because casually I am losing a lot of money in gambling one time I receive my salary on my freelance work and bet it all in in just one dice game, right now I am slowly stopping from gambling, so those loses will not going to increase anymore. Just a bit of friendly advice, don't count your loses because that will only make you sad, just think of it as payment for gambling entertainment.

Before I was calculating all my losses and how much I've earned but now I don't think much about it. It's not that important and I should better focus on winning. It's not good if you're thinking about your losses, your focus will be messed because of emotion. As well as, winnings, you will overthink and will gain too much confident which is also not good. That's why it's recommended not to think too much about your losses or winnings and just focus on your playing.

I have the same idea because if we are a gambler for a few years, the money lost and accumulated in gambling is probably very huge and we only need to calculate the loss in the most recent times, that is probably something we never dared to think. Therefore, I strongly agree that we should not estimate our loss, if we have considered gambling as a game of entertainment, consider this a fee for the game, if we still think about the loss every day, we can try to estimate but surely we will panic and never step into gambling again.

It is suggested to calculate your gains and losses but most importantly your losses.
That said, you will he able to control the amount of money you are going to bet during a month period let's say. Otherwise you are going to gamble Hughes amounts that may end up you go bankrupt.

Both are important, you can't skip one of these, when you calculate both your winning and your loses, you'll be able to know if you are up or down in gambling, and that's make you more realistic with the results of your computation. How would you know if you are losing if you only compute your loses only, what if let's say for example, you win 5 btc Junes this year and you keep losing half btc per month after every month, then you are still up until now without knowing because you are too focus on your monthly losing streak.

That is correct. You cannot make a comparison if you are only computing either your losses or your winnings. You need to compute both to come up with a large complete picture of your gambling expenses and possibly earnings. A big time jackpot prize seems good but it cannot be good unless it is compared to the small yet many losses in the past. A big loss is also bad but it may not be that bad if you compare your huge winnings in the past. So both are important.

This is better if you want to improve yourself, don't focus on losses though.

Just monitor the money you've lost and gained, why would you focus on your losses though? I mean that could affect you as a gambler since you might get desperate on getting back those losses. That is the reason I don't suggest people gamble at all. If you want to risk your money, I'd prefer betting it on the price of Bitcoin or any other cryptocurrencies.

Keeping ourselves up-to-date with the losses and the gains let us know when to start and where to stop the spending. Because, we easily get out of control, sometimes feel emotionally down when there is continued loss on gambling. Now I'm aware about the need of calculated gambling, if I've did it earlier now I could've saved big.

I once tried to calculate it but there are few times where I don't remember how much I started with and lost in the end. I normally play with regular amounts so it is usually always around the same number, but I have been gambling for too long so I don't recall the early days and how much I must have lost there.

I know that I have lost over 10 bitcoins in total for the past years but I can't find an exact number since I gambled in plenty of places and not remember all of them plus some don't have data going back too long. Long story short if I kept my money with me instead of gambling it would have been better for me but this is just a fun thing that I try to entertain myself with, if I got 10 bitcoins worth of entertainment out of it then it was totally worth it.

That is great that you can calculate your losses but it is too late now.

You must continue that and I disagree on how people should've saved big when they did not gamble at all since there are a lot of times that it would not be avoided. Spending your money is inevitable whether you like it or not. If you did not use it in gambling, you might bought other things or maybe invested it on some other things or maybe other people.

Estimates still refer to monthly recaps, gambling is not like trading, the gambling system always revolves with analysis and luck, whatever the weekly loss that I experience, is not a problem but must measure it at the end of each month to prepare capital for the following month. Estimates are not always the same, but there is no need to imagine losses that have occurred as long as profits can still be achieved continuously.

This is a good way to gamble when you know about your lose and profit so you will be able to make better decisions that when to stop and when you spend more on gambling. Don't forget to count your lose or your earning and always keep things updated with yourself. If you feel your loss is bigger than your gain then stop at the moment.

If the person is not counting the losses and win. how the person know if are performing well or not? How the person know that should improve or not? To draw a strategy the person will need to have loss and win data. I particularly whenever I lose try to know where I went wrong and because of that I constantly follow all my losses

If you are playing games with luck based, you don't need to improve anything and strategy since it won't work. I believe people are lazy enough to always write or record their histort of betting since they only focusing how much they can earn on that time

No, I didn't feel computational because I didn't gamble too much and I didn't play with a lot of money when I played. Of course, if I make a detailed calculation from the first day to this day, I will surely find a significant amount of loss. I think I have not lost even a total of USD 100 because I haven't played any gambling lately and I have played in very low amounts when I have played. I'm not addicted to gambling, I only play for pleasure at times, so I don't usually lose a lot of money. But there is a fact that every time I play gambling, I lose money.

I don't know of a gambler that is meticulous as you, lol. All the gamblers that I know only brags when they win specially big so I doubt that they track their losses. Doesn't matter if it is a luck based or sports betting or strategy based game. Gamblers don't write everything, they are playing for the rush or winning.

Even if they only brag about their winnings, I am pretty sure they still remember their huge losses it is just they are not talking about them for maintaining their images. As a matter of fact, humans remember their losses and hardships better than happy moments so they do have tracks of their losses. Of course gamblers don’t like to mention about everything they do in gambling to keep having edge.

I don't think that he can recover his losses in gambling because I am sure that it will be too difficult to do. We know that if we want to win, we need to have luck, and if you're going to recover the losses, you also need luck too. Changing from paroli to martingale can be a good reason to check or try if we have luck or not, and if we still don't have luck, then maybe we need to stop for a while from playing gambling. But that will not guarantee you to win the games. I would suggest him to try gamble in sports betting because he can have a good chance to win if he can collect the right information.

I think there is a good reason why more than 90% of the gamblers never count their losses.If they did so they would quit gambling and see that there is no real motivation to continue gambling.When they don’t count losses every time they win they think that I am becoming good at this and I will recover all lost money and win even more during time.

I have this habit of only thinking about my losses when I am broke and have shortage of money to continue gambling. If i remember my biggest loss, I guess I would have bought myself Iphone X with that amount and  also give some to my mother or bought her something.  I am really developing this habit of keeping track of my losses so that I can play safely and ristrict losses.

i think that is a great habit of you, your are going towards the positive side in your life, because everybody should think about his mistakes and try to improve that, even a little improvement makes a great difference for you in future, with this habit you will be able to avoid yourself from addition of gambling and in this way you will atleast divide your budget in a wise manner and control your emotions.

There is, especially if you are gambling for profit, and actually you don't do estimate but you should make an accurate record to know if you have the skills in gambling and to improve what's needed to be improve.


There's a difference between gambling for fun and gambling for profit as usually when we gamble for fun, we look at short term while those who gamble for profit, they look at the long term possibilities.

The same as what I do, I wont calculate how much I lost since the first time I started gamble as well as I wont calculate how much I've won. As long as I keep on limiting myself anytime I'm gambling then it will be enough for me. It will be hard as well if I have to calculate my overall statistic because I've played in many places since long time ago. The most important thing is that my gambling activity and statistic should not affect my daily life.

It looks like your not-a-lot-of-money amount is a whole lot of money already. 100 to 500 USD in a week is already a very significant amount to me. I think I cannot afford to spend such amount per week on gambling. I am not counting my losses also as I cannot count them anymore but it is definitely lower than 100 USD per week. You must be a big time bettor.

The enjoyment if you are not addicted to this activities already enough not to count those losses as part of your savings. It can be treated as spare money where you use for your fun and leisure. The point of counting might be use to calculate if you are a heavy gamer who would like to change style or wanted to quit for good.

If you lose $100 in a day, that will be too big money to spend on gambling. But if your money to be used in gambling is $100 for a week, then I think that is enough because at least, in a day, you spend something about $15, and if you play gambling every day, then $100 is enough. But I do not recommend to play gambling every day because that can attract you to become addicting to gambling in a long time. Maybe you can reduce the money for at least $50-$75, and don't gamble every day so you can prevent from the addicting.

100-500$ a week is much money mate specially if you are consistently playing so that is at least 2k$ a month and that would be 24k$ a year?

anyway it is safer if that amount can be spent willingly and not for important matters..just stay on that way of gambling.

It depends, we all have different rate of profits we receive from our jobs and if he could afford to lose 100-500 dollars a week, then it is his decision because I am pretty sure with this market price, he is also earning allot when he gets so lucky playing. Meaning to say that the amount of money you could earn will still depend on how much money you could afford to risk.

If you will stay realistic, however, there are gamblers who are too ambitious, they aim high with only a small amount of capital at risk.

For example, there are people who want their 10 usd to turn into 1,000 usd in just a short period of time, and in order to achieve that amount of winning, they need to be extremely lucky,.. things are different from people who are serious because they are realistic and they understand they need to take it slowly and they need to start with a decent amount to earn a decent amount of money.

Unfortunately, the nature of humanity does not work like this. Earnings always aim higher. So today $ 100 can be enough for you. But in a month, why don't I think it's $ 200? They always think like that. There was a video about it.

A person with a 2-seater car likes the hatchback vehicle passing by. The person with the hatchback car likes the one with the sedan. Sedan, Sports car ... Sports car, helicopter ...
I mean, everybody always wants more. Its human nature.

It's not impossible to estimate but I can't give a number how much lost I've made with my entire life. But if sometime wants to track how much he's winning and losing, you can always check how much you have deposited and analyze if you're losing that much and winning a little but this is mostly the case of every gambler. We win tiny but we are losing big amounts, the past is no longer an important record to me but the current ones is more important. I just want to get on track with the present activity I have.

I don't need to estimate how much loss I have, but there are interesting things where I'm not sorry at all, there is a comparison where profits and losses are always 1: 5 if calculated in mind, but often can also be 30: 1, so absolutely nothing can be calculated in detail, it is more important to always enjoy interesting things throughout the game.

I'd probably say I didn't estimate all my loss cause I didn't use a lot when we talked about gambling. A few months ago, I just earned a huge amount of money from gambling, I was doing sports betting thought, and then I quit and I was chilling with my money, I back lately to gambling because there's some good football games and I just start gambling but really, I'm just betting with only a few bucks and no more.

I've counted my losses, but the same doesn't helped in stopping me from gambling. Everytime I make a calculation on the amount lost my mind makes calculation how to recover back those losses. If we're good enough to cope with limitations then counting at specific time interval will help in limiting ourselves on gambling.

It only limits the numbers of games and the money that we will going to spent but it won't stop there as gamblers will keep trying to win and if possible
to get a huge amount of profits. Counting your money from those losing days won't help you but gives you ideas that you need to adjust and you need
to change something from your system.

I don't gamble every day, so I never count the losses I have experienced. Looks like the amount of loss that I experienced only a little, not as you say, can lose for example $ 100 every day. Because indeed I do not have enough money to play gambling with a lot of capital.

Tactically yes because most of my gambling are been done with the traditional system most, although I changed to online casinos as I have seen a good potential behind them if a gambler plays his or her cards well. Many times I ran into loses but can't recall or recounts my loses. Sincerely speaking, I gamble with the funds I can afford to let go anytime.

Hey, that's a good calculation if you are using ratio on your mind with your profits and losses. And I couldn't agree more about enjoying when you're playing because if you are not, you are prone to losing and having that mindset of yolo. Which means, that you can bet as much as you want and you're triggered because you let yourself be played by the game instead of playing the game itself.

Yes it is good to have a calculations for that ,because we can see if our strategy and ourselves are growing in terms of gambling. We can identify ourselves too if we are addicted already or not. Having a big losses can make us miserable and desperate to win, and I think it is good to control this things so that we can avoid having too much to lose.

i guess we are on the same situation .  i dont know what i eat but i suddenly play without counting my losses but im not like this before  because the first time i play gambling i always track what i bet and how many coins i loss  . i guess that was normal for us when were still beggining on gambling because we dont know how to win but eventualy if we have more experience , we will know how to build a working strategy to win , so we can mostly win over loosing   .

You have point for that a player who counted all their losses can possible to trigger to play more to get back what they lost already.
But if they forget all losses and once they play for sure what ever happen maybe that is a good result or winning. Just forget the past just like what we need to do in real life and look forward to today and present better to applythat in gambling too.

I'm not gambling too much but if I will count my losses on it, I could buy a new GPU or a new keyboard or a new Gaming Chair on my losses :(.

To be honest, I feel some regret that I gambled this past days and years but I can't do anything about it but to move on already. Now, I don't want to gamble and I already said to myself that I will totally stop gambling starting this year 2020 :D. Instead of using your money for gambling, why not use it to buy other stuff that you want or you need :D.

I often think about this, management is something I always think about. So I often make the results that in gambling I often experience losses and sometimes profits. I am not an expert gambler or addict, so I can control myself when I play. from what I know, not many manage losses and profits in gambling.

Well, I don't like estimating my lose because it only gives me pain and regret as I count them but one thing for sure, I've wasted a lot of money when the time that I'm addicted to online gambling but the money I use is from the money I got while working in crypto and signature campaigns but if I estimate it maybe I can buy 1 set of computer, and I really regret it because I don't have a computer set now and I need it that's why I stop playing not totally stop but I play once in a month to save money.

Because it is really hard to track down all your gambling expenses unless you are strictly betting online and on a site or two only. Well, if you are diligent enough to take note on all of your gambling expenses anywhere, in casinos, in online sites, in poker clubs, etc, you may be able to come up with a nice breakdown. But I doubt many gambler would go as far as that.

Time and money management is a difficult thing that we should do in gambling, but if we don't try to manage the time and money, we will not have any money in our pocket. That money will be spent on gambling, while we will spend the time for a long time to play gambling. If we are not an expert gambler or addict in gambling, we can control ourselves to hold the money and limit the money for use in gambling games. But no matter what, if we estimate the losses that we have got in gambling, it will be bigger the loss than the win.

i never estimate my losses because i know it will only turn me down,what i am concern mostly is the amount i won and that brings me positive feelings.

i know a man that writing in all his gambling activities,from losses and winnings and he tells me that it made him sick sometimes checking how much he losses while the amount of winning is very little compared to others.

Absolutely, if someone has this real statistic of his own gambling activities then he will feel so bad to see the number of much money he had lost before.
Even if someone do gambling for fun only and lose small amount only every time he/she gamble but it can be a big amount if he/she count it in details.
This overall statistic may make us feel so bad and regret it, as we may think that "if I did not gamble, I'll still have xxxx money and I can use it for other better things"

If you have money and inspite of losing in gambling you are fine with it then no issue else very vital to keep a track of both profits and losses and understand that is it really worth losing the money in gambling considering if you play big bets and losses are in thousands. If those are very small amount then no worries about it.

I also do statistics on my past bets and gambles in order for me to become aware if I keep losing or winning in gambling. It is good to journal sometimes because it make us become a better gambler. We can also know our strength and weaknesses if we will keep recording our bets history. It is better to become aware than to just gambling without knowing our profitability.

thats why i see no reason why people need to tally their gambling expenses and winnings when they can just do it like a normal activities .

instead of counting our gambling money ?better to just consider it used for something funny and enjoyable.so if we win then that is another story.

That largely depends on your general attitude toward gambling

If you are enjoying this activity in a genuine way, you will just consider the money you lost as necessary and required expenses, a payment of sorts. And then your thought would sound like "Man, if I didn't eat and didn't have to buy food, I'd have accumulated so much money by now that I could buy a mountain of better things with it"

On the other hand, if you are in fact looking for profits, and keep on losing year after year, that makes a perfect case for a witty remark by Albert Einstein, who once said that "insanity is doing the same thing over and over again and expecting different results" (or insanity is crediting that witticism to him over and over again as he never said it)

I always think I could have been in 10 different countries and spending 1 week each country with beers and tacos all day!

Or 2 bitcoins  :( though this gambling site lottoshi.io offers to invest and play I think lol idk really.

You don't do that or you will really regret estimating your losses, it's like if you estimated the money you spend in buying the things you wanted, you will also realized that if you save it instead, you could probably buy a house right now or a car, or you could be a millionaire, who knows, right? but since we spent it on the daily basis and it is our choice where to spend our money, the regret shouldn't be there.

We should always look on the bright side of the page to continue our story and to make a good next chapter of our lives.

depends on how much he already spend on the past in the gambling but judging the guy above , he only estimate that he buy some computer related stuffs  so i can assume that he dont loose to much or he didnt play too much gambling on the past    .  there is no regret indeed if you play gambling and you loose because that is your choice .  you play for a reason , you can either thrilled , excite and have fun while gambling  . imagine if you dont gamble will you think you can imagine all of those   ?

Yes true once you think your loses you feel weak and turn down so its been better to us not to estimatr our loses. Just gamble and have some fun so that every time yoy lose you don't be sad and you think its okay because you have fun and feel happy to gamble. Don't waste time to think and estimated your loses.

This can be true of anyone who have a lot of money. If you have limited amount of money to gamble, you will think and calculate your winning and losses all the time, even if you are not playing gambling. I know it will hurt you if you are in a loss, but there is no other way for the poor gamblers. They have small amount of money and they cannot afford the loses in gambling.

Idk. It all sounds like a loop anyway.
Let's say if I spend the money elsewhere, or something I WANT. Still tho, one day I may regret cuz I find out I actually never NEED what I bought.
It's purely a desire thing, buying shits or gambling for fun or even just want a few hours of brainless so I go to watch a Marvel film in cinema. 
I guess saving it instead can only make the difference?

This is really hectic for any gambler to keep tracks for all the money he has lost or won in gambling. The person can though keep notes smartly by penning down big events like the highest money he won and like how and same goes for losses. This can help in developing his future strategies in more effective manner avoiding the mistakes he made in past. Playing without tracks could be more dangerous since you don’t know where you stand.

I am not sure about that because if someone doesn't have a lot of money, he will not play gambling too often, and he will not calculate how much money he will use for gamble. He will consider spending some money but only to enjoy the games and not for trying to making money in gambling. But that will be a good idea if he can calculate or estimate how much he loses and wins so he can know how to treat gambling.

I'm not a big-time gambler but I do gamble when I have spare time, usually in small bets around 20$ usually is losing 20$ when I'm gambling and if I already lost the 20$ I will already stop in playing.
Probably around 100$ is my loss in a month since I only play 3-5 times a month. I don't have a lot of money or profit to bet so this kind of money is already a big deal to me so I stop playing when I lose this money.


Yeah, I think it will just going to turn you down since it was probably a big amount of money when you play every day also the good thing is you could easily recover this in your winning.

Think of it as payment for your entertainment instead of thinking that you lose certain amount of money. The very reason why many people / gamblers always say use money that you are willing to spare and forget so you don't need to think about it after your game. Enjoying while your stay can be a stress reliever but calculating will add a lots of stress to yourself.

No one use to play gambling for fun only but people must have intention to win some money and if you lose in gambling it should not be so high but try to learn from miner lose and try not to make mistakes again and again. We should play with care and keep calculating that lose so never go beyond the limited amount.

Miner's losses are a different story from gambling. Basically, and the truth my people are going to gambling is because of money, aiming to win the jackpot and just of being please with. There are only two possible results in gambling either we lose or win, and asking have you counted or estimated your losses? I don't think such a thing is helpful, I always forgot the numbers coz I don't want to remember and get bothered because of that.

I always end up regretting not counting my losses and not keeping track of them. I sometimes look back and is taken a back to know how much of opportunity cost i missed. What could I have bought from the money I lost , is there any better way to invest it to get more. Recently , I started with this activity of maintaining an excel to track my losses and even wins. 

It is good that you learned how to track your losses already. In this way, you can control yourself and this will be a tool that will help you if you must continue to gamble or not.

For me, all that you are thinking are the ones that I'm thinking whenever I feel that I need to gamble. I always say to myself "If I will just put it on foods or other things instead of gambling" and the like and the ending is that I will not gamble my money and will just use it to buy other things.

I don't want to count how many frustrations and failures I've made with gambling, I just count it as losses made into fun.

First time to hear this and let's see if that 1 hr and 40 minutes remaining for their countdown to roll the lotto if someone will actually win that promised 1,036 ETH.

I'm no longer counting, I'm just setting my bankroll for the day I'm going to start tomorrow when it's gone.  We're not talking about a lot of money here, I'm just having fun so it's certainly not a lot of money. My range is from 100 to 500 usd a week, but losing 500 usd is already too much because I'm not hitting, and we're not just talking about losses here as sometimes when my luck hits I might win even more than 500 usd a week, so what I'm doing is just a juggling task.

I have never played with amount over $10. This helps me to control my expenditure. The total amount that I have lost in a week in not more than few pennies as I am not so aggressive gambler.

10$ is a small amount and even if you lose all of it, you won't regret it. I myself never count how much I lost in gambling however I am sure I have lost more than I have win over the time in gambling. Since I also do not take gambling seriously with a lot of money, so I try to find the element of fun in gambling and remain happy.

But calculating money spend on gambling is also beneficial for the gambler because if he will not calculate his spend money then he will not know that how much money he have remained for his family and it is also taught to us by the elders that always make a budget for yourself before spending on any thing and if he forget then it is better to calculate that how much he spend on any particular work.

When I first spent money on gambling indeed, every loss I would count it with the aim for me to try or be a target for me to take back the loss. But in reality it could not, until I decided not to recalculate any losses that I experienced and therefore, I did not imagine what I should get from these losses because at least I just tried to make myself comfortable when gambling.

People must know how much they are winning and how much they lost because it will give you options either if you should invest more or not. Some people think they still have so much money to play and they don’t look back so it’s not good for you at all. We should keep a limited amount for gambling in our pocket and don't cross the limit so if you lose you will not regret losing so much.

Until I counted all my earnings as I played addicted by counting your losses or computing it can cause you to play more and that's what's happening to me so my losses have risen until. It's because you're trying to gain back the losses. But now I didn't count my losses because I'm preparing and striving and I'm content because I'm pleased with what I'm doing in gambling right now just not like it before so better to forgive your losses and keep playing with managing yourself.

There is no point in estimating your gambling losses. Most people are happy to see that even with a small amount they have been a success and can not offset all the losses. On my own, I never calculate because if I know how much my losses compared to my success, it will be regrettable to my side. One thing I've learned, it's priceless the pleasure I get in gambling and I guess that's enough for me.