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What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

You see, I have tried this technique in the past with no fruitful results, and it is countereffective many times because once you see how much you have lost, you would want to gamble more to recover them back :P that's how it all works, because you would stop for a moment or so thinking about your loss and then when the urge will come again, the same resistance will act as a fuel to further gamble xD

I don't really keep a written record but mentally counting my previous losses was actually one of the reasons why I decided to lay low on gambling and set my priorities. We have different ways to look at our losses and some might even see it as an extra motivation to keep going until they win it all back. Others could come up with a different computation like checking net loss from gambling for the month.

On the flip side, will keeping a record of your winnings only makes you continue to gamble?  ;D

there is a simillar thread on here https://bitcointalk.org/index.php?topic=5227963.0  .   however the only difference from his thread to yours is he is talking about taxed and he include wins on his listings but here you are only tracking about your losses    .  tracking looses is bad in my opinion because this makes us lead to being greedy or not contented because we will end up betting again and again just in the hopes of recovering what we already lost  and i think its not verry possible to recover them all   . i never attempted it but i only gamble win or loss and call it a day  

we can use this thread as a reference
 https://bitcointalk.org/index.php?topic=5227963.0 in which answers are being shared about having a spreadsheet or record to be related.

and besides i think this will not help Regular or those addicted gamblers to stop,instead the eagerness of winning back again those losses(of course winning is not right term to use in gambling) and will continue giving them a lust that they must win the next time and will cut the losing streak.

for me i prefer not to make one,and just make my happiness memorable by fun and not by money.

I've used it to quit smoking by simply calculating the net loss so I'd say it works.

^ If you are in gambling just because of the money you probably need this but if your purpose is to have something fun activity, tracking down your losses is not necessary. I saw a thread last day similar on this thread talking about making a spreadsheet for the purpose of taxes. Probably that is good because you will know how much your losses at the end of the game but there is a disadvantage. You will probably chase your losses and it will cause addiction in gambling. Nevertheless, always remind your self that only gamble of what you can afford to lose.

This is very true, keeping a record of your losses will not help you stop gambling instead, it will only fire up the desire to recover them. There may be very few people who are successful using this technique but most people I know who tried it would say it isn't a good way to stop gambling. It may let you think for awhile r stop for a while because you've realized you've lost more than what you expected but in most cases instead of stopping you'll continue and try to recover what you've lost.

Thinking positively, it'll make me work on bettering myself instead of quiting. If I see that my expenses are more than my profit that's, I'm lossing way more than I'm winning then taking a break to better myself will be my next option. The issue with most gambler is the fact they're not open to learning the skills (yes gambling is a skill) instead they give up the moment they aren't getting the result they had expected and the worst part is, they still will return to gambling the moment they get extra fund and still end up losing it.

You shouldn't make it a habit to quit at the slightest challenge you encounter, quiting should only be the last option when you have tired everything humanly possible to better your situation but it seems it isn't getting any better.

I think that for most of us it will.If you are doing it everyday and you take into account every single bet or every single session of casino play chances are you will see a negative number rather than a positive one.That is why I don’t keep a record of these statistics because if I saw negative I would stop gambling.

There are people who were helped by this method, and some others this method is useless, so we can say that this method works for others, so we can say that it will work, and people can try this, and see the results who knows this might work for you, you never know unless you try, this method is recommended by some experts but it still depends on the reaction of the gambler.

Calculating the losses doesn't guarantee to make someone aware to quit immediately. It depends on his perception of the losses. If he thinks the losses can harm his family and his future, plus to gamble more just wasting time and efforts, then he can admit quitting. While if he thinks the losses are just the beginning of a big winning and he believes in his capability, then instead he will struggle more and survive.

It won't stop most people from gambling. Several gambling sites nowadays automatically tracks your overall win/loss including the profits. Even though casinos gives out those information to us we still see thousands of gamblers going back to gamble. It'll depend from one person to another if they're willing to change just so they could afford to buy something expensive since i've heard gamblers having different reasons to why they gamble regularly aside from the money.

Maybe yes, and maybe no, because some people will not stop gambling even if they have a big record of losing in the gambling games. We don't need any reason to stop gambling because that will depend on ourselves. If we want to stop, maybe we need to reduce the time we used for gambling first, and then we need to slowly change our habit of gambling until we can stop it right away. If we can stay away from gambling, we can buy many things, including buy new motorbike or expensive watches.

It is a good idea so we the gambler will realize how big our losses already and if we have save it maybe we can buy a house or car already but in my case even if I have history of my losses it is not enough reason for me to stop gambling.

Though I am not so sure with others, the reason why it is not enough reason for me to quit gambling is that I didn't gamble for profit instead I only gamble to have fun or when I feel lonely. But for others, I guess it will help them to realize and stop gambling for their benefits.

If it is calculated in the notes about losses then I think it will be big enough to see it especially a gambling addict if we look at the records it will be a little sorry just do not care about the big losses still addicts they have their respective principles so it cannot be sure to improve themselves from addicted to gambling.

Maybe if we look at gambling records from the beginning of more than $ 50k because it does not feel like playing gambling it does not give up and continue to want to try even though it has experienced some fatigue too.

how i wish i have done this before and now,but i am not a writing person meaning i don't usually record things but i love to be objective in real life.
but another thing is i am not a regular gambler so why would be needing stuffs like this?but if you are a addicted/maybe this is applicable for realization.
there is one thread that i have crossed sometime ,in which the OP is recording all His winnings and losses but not for Him to stop but to be aware of His gambling activities .

Probably, but I don't know if this will completely stop addicted gamblers. It doesn't matter if they losses big time already. For them they need it everyday, the adrenaline rush. I have seen this many times in the past, the only way they will stop is that if they went to a severe experience that will simply put a stop on their gambling addictions.

That completely comes down to the person himself/herself. This technique would probably help in a minor way anyway since most of the gamblers are aware of their profits and losses and don't need to write it down to remember it. Helpful technique, but not in a big way.

If a gambler wants to stop gambling, they will simply make it happen some way or another. On the other hand, if they cannot control their addiction, they will never stop no matter what.

i dont think that you can save that much if its not for the sake of gambling . i always hear a gambler that complain like that , they say thier losses are too big that they can buy a stuff like this and that.  in gambling you can bet big and you can also win big but the major issue is cashing out, most gamblers dont know how to stop .  that is why we end up loosing and the losses can stack up but if you will only save up your money , you can only save small amounts at most so its still take alot of time to buy some decent thing without the help of gambling .

I'm not tracking it but I can compute what I spent for gambling and I knew it already that I need to stop.

Gambling for me isn't worth to spend my money with. There are other things that I can do to spend my money and gambling isn't one of it. I didn't kept a record of my total losses in gambling because it will give me additional stress but base on my computation, I know that I need to stop already because there is no good future in gambling.

I wish that some of the gamblers try to compute their losses and they must realize how much money they are losing in gambling.

I don't think so,

Recording your losses will only give you the urge to play even more. Seeing how much you lose from gambling is just telling yourself of how much you should need to take back.

Also, I don't think that recording your losses is what we neeed, if realization is what we are looking for, work hard for the money. You will realize that burning that money in gambling will be your biggest regret.

I never keeping my records of lost during gambling but indeed i'm sure if i calculate it maybe i can bought important stuffs such as motorcycle or repair my house but in my view this is not always about money and for me satisfied myself while gamble is the most important because although i was not gamble but i'm sure the money which i spended also will pretty much for another hobbies so there is no difference from that

No. Keeping a record won't even help you to stop gambling. Even if you realized that you could bought an expensive thing or even a new car for yourself, it doesn't make you to stop. The worst thing that might happen is maybe it gives you eagerness to play and win more and that will lead you to lose more.

I think keeping a record of your losses will affect you, especially if you suffer a major loss that will make you addicted,If you feel remorse for your actions, it is best to forget about them in another way. Do not try to keep a record of your future regret. In the event that if you are an addict and are subject to continuous losses, you must change the strategy you rely on if you spend a lot of money on gambling. Try to avoid that!!!

It depends on the person if they will make a record of the losses and winnings after day but i think there is no people who is take down notes or making a spreadsheet about their losses in order for them to just monitor how much they have already lost from gambling. To be honest if you will take down all of that notes you will just get all of the losses because in gambling there is always a high percentage on having a losses than winnings but if you are a regular gambler then probably you will not be able to stop on gambling just because you have been realized that you are having a hard losses everyday you play.

I think not that's just what gambling is for real gamblers because it may take them as their motivation to get back the losses and I don't think it's really a wise decision to record all your losses because it will really affect the way you want to gamble. Not all you've only got losses at least keep track as well on your winnings and made some analysis over it for future use like for a week or month how much did you lose/win everyday.

It is always advisable to gamble what you can afford to lose and if it has been done you can't do about it, a good thing if you manage to profit from it rather than just letting it lose.

Before I gamble, I already knew that gambling is addictive and most of the people ruined their lives because of this. But I still tried it and experienced it so that to know if it really can ruined people's lives. It is true that gambling will just give us headache and stress if we're not lucky in a certain day and it is very difficult to retrieve the losses that you had. Gambling is not a source of profit, it is not that easy to manipulate money when you're in that situation. Recording and making a gambling history will help you monitor the range of your losses and the maximum money you've spent playing and then suddenly you will realize that gambling just brought you disappointments.

You got a point there mate, however, it still depends on the content of your record ;D. If the losses you counted are significantly greater than the profits you earned then you might really come to the point of stopping but if the opposite happened then for sure you might not even think of it. Gambling is riskier than what you think mate, if you are weak hearted then stop once and for all so that you will not gp through stress and frustrations in the first place :).

If I'd do that and keep a table of my expenses for entertainment, then I guess I'd be utterly disappointed on how much I spent on movies for a year compared to how much I have lost in gambling. I rarely gamble nowadays though there are times which I have this "I should have" moments and think of something that I could have bought had I stopped playing on that instant. Either way, it satisfies my gambling heed and helped me get entertained for a few hours so why would I get disappointed anyway?

Besides, the point of gambling is profit and entertainment, and you can't find both co-existing anywhere but only on gambling games.

Some gamblers are playing for the feeling, they don't care if they lose or win big amounts they just want the excitement and the adrenaline rush like when they are playing their favorite sports, or watching a suspense movie, they pay for having this kind of feelings whatever the amount is.

I think it's better to forget your losses than to keep a record of it. I don't have an exact one but I do have a tentative loss of about 0.2 BTC in gambling in the last couple of years.
And everytime I think of that, I tend to bet more to recover my loss. And even though I have small wins now and then, I don't keep a record of that and stick with the figure of 0.2BTC.

I really doubt it would stop people from gambling.

Most people know that addictive gambling will ruin them, and that they have already lost a crazy amount of money, I don't think seeing the numbers would change much.

Just how most people continue to smoke even after getting lung cancer—they just can't stop!

Not a guaranteed working solution towards your addiction.This kind of goal or activity will just either make you stop or play even more.Why? When you do saw that you have lost too much, of course there would be a time that you would thought that you should keep playing and you might able to take those losses back or recover which is really a possible mindset that you would encounter along the way.
So i say that listing out your losses is useless and if you do play just for fun then this wont really be an issue yet you are willing to spend or lost those money to gambling in the first place.

It would be possible for all those gamblers that are not addicted so much in gambling, like me, if I know that I am already losing my money in betting, I prefer to stop it, than to take the risk anymore, thinking that I will turn back the funds that have failed, but I think it won't be enough to stop all those addicts on gambling, and for sure they won't keep their record of losing the game, that is impossible. It may trigger them to play more gambling because they will hope that they will turn back the money that has failed. That is the problem for all those addicts on gambling, on which they cannot think well because they are only focused on gambling.

Indeed, knowing your losses in gambling could be an urge for you to play more gamble because you will have a feeling that you may still win the game, but when you still betting every day, your money lost will keep increasing. So I suggest that you stop it as soon as possible to prevent losing a significant amount of your money.

Well you can do track your win/loss record, but as to give you some benefits to make you stop gambling? I don't think so, on the contrary it might give you the impression to chase that loss. Sometimes I also thought of lots of 'what if's', what if I didn't gamble and chooses to save so that I can buy my favourite expensive watch? The answer is still the same, no regrets from gambling loss, it's just part of the game.

And if you ask a fellow gambling how much they lose? they will not tell the truth, and will say break even or barely up by few. Probably the best use of tracking our win/loss is for tax purposes, but other than that, I can't see any pros of doing it.

Not a bad suggestion. A lot of people snap out of bad habits when they can see the numbers and the effect of what they've been doing, and this isn't much different. I actually did something very similar to this when I would waste money on unnecessary spending about two years ago, and this largely made me change my spending habits as a whole and helped me to make monetary decisions in a different way than before.

Besides just recording these losses and thinking about what you could've bought with the money, spend some money on yourself too and feel the joy you get from that. These things resonate much more deeply when you can feel it.

I really don't think it's the case though bro.

Think about it, look at obese people. They are almost certainly aware that they are severely overweight, if they step on a scales it will be made painfully apparant, while even looking in the mirror there would be no avoiding it.

And yet these people continue to overeat, not simply because they're not aware of what they're doing to themselves, but because they lack the self control to stop.

Problem gambling is no different IMO.

Such simple strategy will really give you a rundown of your gambling habits. And know what is the impact on your financial situation by looking the amount of your losses. However, on my end, since I am not really a big timer in gambling, I don't record my losses as I only gamble small amount from time to time so I consider it extra extra money for me, considered lost already. But for those who are really allotting money just for their gambling, I guess it is time for them to jot down their numbers and see if it will change how they gamble next time.

I'm seeing another way around.

If gamblers will record all of their losses and realized that those amounts can now buy an expensive thing they want, it will just lead to more gambling activity to chase those losses since they regretted losing it. They will now have a target to get back those losses and will decide to stop once they achieved it although it's impossible as there is no way they can recover all their losses easily.

And I don't see the essence of computing all my losses. Instead, I will more be focused on improving my strategy to maintain winnings.

It depends on a gambler's mindsets, maybe it would help but if they are addicted then they will surely disregard the fact that it affects their assets negatively. The problem is even if they have done that but they don't open their minds for realization then it won't work. Personally, I don't do any record with regards to my gambling expenses because I only use my extra cash, but my experiences makes me realize that I need to understand my limits. I experience playing without knowing my limitation which makes me lose some of my funds and my situation that time makes me realized that I should stop it, because it can affect my way of thinking and even my life. It makes me realized that if I gamble, then I should have self-discipline and limitation because it will guide me on handling myself properly.

Self-control is indeed the main issue here not only on gambling but in all sorts of things in real life where everything does really need some moderation.

It will just depend on a certain person if he would really be serious on getting rid of problems that might happen ahead on if he would tend to continue on what he'd been doing.

Keeping a record or not, if you are really serious on stopping then you can definitely do such thing without the need of anything.

No. A gambler has a gambler's mind. I cannot speak for everyone, of course, but I don't think there are many gamblers who will look back at the money they've lost in gambling, feel sorry for it, and call it quits.

Well, how I wish gamblers have this mindset. But, just as chain-smokers do not look back and compute the money they've wasted on cigarettes and decided to end the vice altogether, majority perhaps of the gamblers wouldn't cry over spilled milk. They had, after all, fun and a chance to win and multiply their bets.

The older the gambler gets, the harder for him/her to quit. We have this local idiom taas na ang lubi, which means it's too late to quit or one has already spent big for something there is no point turning back or stopping this late.

that is what you spend in online gambling mate,what about the amount spend outside the internet?i means in gambling places like casinos or gaming with friends in real?haven't you estimated also?
you are targeting to win it back mate?is this what you mean here?or i did miss one?though yeah i support that to not recording the losses instead forget it if you really want to enjoy gambling.

For people who want to know how much money they already been used in gambling, that record will help them to calculate their winning and losing. They can know if gambling games can help them to make money or even losing money. But for people who don't use gambling as a way to make money, they will not have to make or keep the record because that will no use to them except they will only see the money amount that they already used for playing gambling.

The money that we spent on gambling can be used for another thing, and as the OP said, that money can be used to buy a motorbike, or we can use to invest in another thing. The record will give us some image of how big the money that we use in gambling.

More like tracking your loses right? But I would prefer setting a limit to lose within a day of gambling. This is my scheme to not lose that much but it is not that easy. One should still have self control at the end of the day because if greed would be superior, limits will not be followed. Good thing is that I am able to stop playing despite of thr loss as long as the amount is just as how much the limit I have set.
Gambling addiction is another thing and no strategies would be effective if the person himself won't follow such routine. Self control would be the bottomline in order for one person, gambler to be more specific,  to not let himself be dragged down by addiction and frustrations.
Realization is the ideal outcome of this method. Recording your losses would help a gambler reflect to how much money he have "wasted" and that he should have used it to a more necessary thing. But one person won't realize that if he is that much into the activity. Also, there is also a possibility that if a gambler who is addicted into gambling, saw his losses, it might give an urge to regain the loss which can yield to bigger loss.

This is a big no for me. And I'm sure no-one would do this in gambling. Gambling is not a business, no need to take down notes. Keeping a record of your losses would only result in frustration and urge to recover the losses. Never a good idea.

Instead, stop without any reason. Stop as it is necessary. If you felt that you've lost enough cash and some assets for your vice, then stop directly without looking for any options to quit it just to justify and to keep your gambling. No more last bets and no more resolutions and just stop, that is the solution. You should make sure to avoid the addiction to gambling. It will never be healthy. But gambling is for fun should be the thing.

Stop freely that is better, controlling your self will is in need for you to stop this activity, keeping records of your losses is indeed will only urge you to try playing back and recover, most of the time it's your own determination to stop that will lead you to quit away from this business. No matter how good you keep any reference of your previous games without a self will nothing will change.

Nope, most gamblers are aware of their losses in gambling. Maybe not exactly how much they have lost but at least they are aware of the estimated figures they have already lost. However, this will not stop them from gambling. Most gamblers hope for a chance to win big in gambling either by jackpot or simply by playing and wagering big amounts. Even if you keep track of your losses, gamblers might even find a reason to play more since most gamblers play to chase for their losses which is not a good practice.

On my personal perspectives about the computation, maybe I would regret all of that losses. It might change my plans in life and because of that record, most probably gambling might be removed on my priorities and start a new ways of life. The journey will begin and another chapter will start, because we will realize the importance of money if there's a data from that activities which will inspire us to change ourselves for good. This is really recommended and will suggest to my relatives and friends.

It is a one way to motivate yourself to stop on gambling a great way to be angry to yourself.
I am thankful that I only lose a few Bits since I don't gamble much and I would rather save it and use it on other things.
But this wouldn't really stop me from gambling since I am doing it for fun and I always limit myself to only deposit small amount.

Nah, it may encourage myself more to bet more to cover what i already loss and gain profit, i have this mentality but i'm controlling it.

Actually this was one of the methods that made me give a break to gambling. I personally didn't kept track of all my losses but the website I was gambling on had a data type of thing where you could see your statistics and it showed how much you wagered and how much you won/lost as well.

I didn't realize that had something like that for a long time and just gambled whenever I wanted to, after a while I realized they were keeping track and checked my own statistics and realized that with the amount of money I lost, I could have paid all of my debt, that made me quit gambling for a long time. I paid all of my debt and became financially alright and came back, now I have debt again so I am starting to think there is a correlation :D I quit gambling last week so let's see how it will do.

Keeping a record is a good way to track your loses especially when you gamble a lot and you wll have realization about the a lot of money you spend to gamble,but even you have record to your loses, still its depend on you if you quit to gamblng to overcome your loses or not. But if you can't stop the urge to gamble then you should be have record all your win and lose, to aware you from any harm you might encounter because of it.                                                                                   

Depend on the persons .
If the persons is too addictive in gambling or they make it as a hobby it will never change his mind to play even he see how big  its lost from playing.

Its like other addiction- smoking and drinking if they see the amount they lost and payed having this hobby would they stop?  Of course not
They will find it difficult to remove what they already have or do every day.

if we will value our money?yeah i am sure this will help a gambler stop or at least Control His expenses in Gambling.

my brother use to do this before,i remember when we are playing in Casino he always Keep His mobile open and typing so i asked Him what made Him busy,then he told me that he is recording the amount spends that night.

and after i think more than a year?now he plays only limited time and tells me that he realized that it is not good to gamble many times because the losses are more than many times than wining

Yeah, exactly. Show smokers the disgusting pictures on cigarette packs and show alcoholics the liver disease and it does not stop them. I told my friend he smokes 1/2 packs a day how much he spends in one year, and he could already even afford a new luxury car with 20 years of smoking but does it stop him? Addiction is something very special to deal with.

I see this as a different case for me.

Yes lack of self control is there both in gambling and in eating but eating is needed by our body while gambling doesn't. These obese people sees eating as their hobby and they love what they are doing so they are just eating and eating. In gambling, it is not a thing that we need to do anytime and you can stop it anytime you want but it will depend on the gambler.

In the end, lack of self control is the problem both with a gambler and an obese person. We don't need to record our losses in gambling because one day, you will just realize that you've lost so much money already and this will happen if you don't have money anymore.

I think it is a good way of making yourself feel guilty because you can easily see that you are losing all of your investments. But what if you're losing yet still winning little by little? I think it is still not effective. For me, if you really want to get away from gambling you just make the move without listing. Yes of course you cannot just wake up and like a magic you totally avoid gambling but if you really want to stay away you will find a way.
"If there's a will, there's a way"

No matter how you keep a record of your losses if you can't control your urge of doing gambling, it will still not benefit you. The first thing that you have to do upon entering gambling is to set up your limits. You should know when to stop and when to continue. Allocating enough funds for gambling would be an effective strategy to control yourself.

Based on my experience, losing in gambling is part of the game but when losing a lot it make me realize about how much the money I spend on it every time I lose. Thats why It make me think on how can I stop the urge to gamble then I decide to make tracker all my loses and win then everytime I looked at it I realize all the mistake and wrong decision I made. And because of keeping a record right now I dont make any random decision, I also think before act.

I have seen someone who makes hundreds of thousands of dollars in gambling and I have also seen how someone sold his house for gambling..  just recording losses will not make a person stop gambling because when he makes a profit from gambling the next day, that person will forget the losses from gambling.  stop gambling need extra energy and need awareness in yourself.

Someone who has gambled for a long time will not be easy to stop just because they realize the record of losses, because for me personally keeping a record of losses and also the victory is not something important. When someone has been gambling every day then we know they are gambling addicts, basically they do not even have a strong desire to stop, because the main step that must be done for them to stop gambling is a strong desire and determination and not about a record of loss.

Gambling addiction can't stop someone from gambling even if they record their losses. What they need is a realization of how much money they have lost although it may not so effective but with a proper guidance and support from one of his family or friends, I think someone can be saved by doing this.

It's a interesting way of view your losses, but if you're thinking this way, maybe it's better to stop gambling right now

I only gamble for fun, so it doesn't matter, I'll only play the amount I'm afford to lose, it's like a hobby, some people spends a lot of money with games, pieces, collections etc
And I'm in total control of my gambling behavior

You should not only keep a record of your losses but also your wins! Don't look on it just from one side. You coud buy a bike with your lost money but what if you could buy 2 bikes with your wins?

You took a risk and blew your money but there are people who won and you can read their stories online. There will always be more losers in gambling not because casinos are rigged but because people don't know when to stop and don't know how to manage their money.

You had it on point, I don't think we really need a loss tracker because you unconsciously want to win back all the losses or just a break even. I you want to stop gambling try to change some of your habits, even miniscule habits can help like brushingyour teeth with the opposite hand that you are comfortable with, you will in turn develop some self-discipline and that will surely affect your urge to gamble. Add visual cues to unconsciously remind you of doing something.

Well it would surely make you regret gambling.
The last 2 account that I used back in 2018 and 2019 have a huge negative net profit on it,
Just computing those two account already makes me regret gambling my money.

That could work but I think that could build frutrations more, meaning it can be also dangerous.

I think you should do this starting now so you will be able to track the losses you are doing, listing the losses in the past might be a problem. Most of the gamblers that are already addicted to gambling is already aware and depressed, listing them suddenly might trigger more frustrations and will affect themselves making their depression deteriorate.

Well I think that would be an effective way to finally stop playing because of the guilt and regrets on spending your money in gambling instead of using it for other important things.

However if we lose our money in gambling sometimes we like to forget about that moment because remembering our losses is quite depressing too. So taking note how much we lost in a particular game cant help us to move on, but of course it depends on every gambler since we have different way to deal with losses.

A big "NO" for me. If you are a regular gambler, it's not making sense to do this. It will just build regrets and frustrations. What should I focus is on how to maintain winnings. That's the more important thing to do rather than to think about all your losses.

If a person can't withstand all of the amount losses while doing gambling, to the point that they will list it just to think that they should have already bought expensive things if they didn't do gambling, then definitely, they shouldn't gamble the moment they feel frustrated on every loss. Why still continue after that.

To realize when to stop gambling is not about listing all losses. Honestly, it's not effective after all since it will just urge a person to bring back and recover those losses.

The important thing to know is that you know where your money is going.

For example, Money Tracking Applications.

• There would be categories like Food, Utilities, Transportation, etc.
• You could allot a budget for those categories
• It would help you understand where your money is going and if it's still within your budget

Sharing that analogy, you could now say that you are really at your fault knowing that it's either you went overboard your budget or not.

There's nothing you could get good upon thinking that "You could've had this material thing if you didn't gamble" mindset but instead, know that there are risks involved in what you are doing and upon doing so, you accept that risk and there should be no regrets.

If you are determined you are an addict, this could help you understand the comparison with what you could have and what you couldn't. It's a matter of will.

Keeping a record of your losses will not help much to stop gambling because you only see the loss in that record, and that can make you want to recover the losses. You don't need to have a record of stopping gambling, but when you want to stop, you should have the power to quit gambling right away, and you don't need to say much about your plan to stop gambling. Stop gambling will be difficult, especially for people who are already playing gambling for a long time because they feel that playing gambling is like a routine activity that they still do every day or every week.

          Based on some reviews and other peoples perspective, keeping track of your losses may lead to both positive and negative impact. As for example there is a tendency that you would like to earn your losses through gamble again. On the other hand you can also choose to decide whether to continue or stop overspending on loss.

In my own opinion, even you keep all the records of your losses it wouldn't still make a gambler to stop in gambling because it won't bother them even it cost a new motorbike and an expensive watch. The only thing would really stop a gambler from gambling is if someone from his relatives or loved ones will tell him that he should stop or limit himself from gambling.

Before I keep recording or computing my losses in gambling but I realize that it's not helpful to me because you why it turn me to trigger to play more and spend more money that can result more losses.

So now I did not compute any losses any amount I lost and it helps me because I contented of what I win now.

I keep track all crypto activity to know my progress, besides that from there we also can see in which point we should stop and playing again. I never imagine saving can bring bike/ house because currency also have volatility and create flow money circulation is the right answer, even I must use gambling platform. This time, economy is our big problem and should have solution. If my investment fails, gambling is the recover plan.

This is partially true because if you keep a record of your losses you will quickly analyse that you are loosing too much and let me remind you what Einstein said " He called Compound interest the eighth wonder of the world" similarly I feel recurring losses in gambling is as big as that because you loose some extra money daily and if you add them up you could have saved a lot.

But, even setting limits is letting you loose money, right? If you keep a track of records you will be able to stop gambling much quickly. If you don't know how much you are loosing you won't find a reason to stop gambling.

That's probably not gonna work.
Keeping a record will only make you more aggressive to get back those losses because you have the feeling of regret and your mind will push you to play more. Instead of realizing that you should stop when you see how much money you lose, it will give the opposite effect.

And that will also gives you desperation everytime seeing the amount you’ve lost in your gambling activities,why not just let the game go and try mo make a agreement to yourself that there will be a certain amount that will be allocated in betting?So at least there will be no other regret in each time you play either win or lose?

This may sound hard to do but it will help you enhanced your self control and managing gambling habits,from profiteering to fun and happiness .
I definitely agreed on the last part because that same thought i have in mind,stop or learn to limit ng spending is what must we decide.

That desperation will urge you to play even more and in the end, you can't stop yourself from playing instead of limiting yourself.
About the agreement that you can set to your self, it is possible but it is only effective in the early time, in the long run, I doubt that you can still keep that agreement you made to yourself.

Try to look for the whole possibility, as it was discussed, it may lead to both positive and negative. Don't look only to the positive part that you can stop overspending or learn to limit, there is still this tendency that you act to earn your losses back.

It goes down to how a gambler control his self and how discipline he can be when it comes to gambling.

If you record it and felt aggressive that you want to gamble more to get your losses back then there is a problem with your mindset already. This is how most of the gamblers think in gambling. If they lose, they will try to be aggressive and get their money back and after getting their money back they will try to get profits and will gamble until they lose again :D. Kind of a cycle but that is how gambling works.

On the other hand, being a not aggressive gambler will help you especially if you recorded all of your losses and you've realize that it is time for you to stop. Never mind the loses because you can recover it in many ways like working in your job or being a freelancer. Just not get it thru gambling again because you will feel regret in the end.

It needs to have calmed down to see the result in that diary, especially if the result only showing about our loss. We can lie to other people, but we cannot lie to ourselves because we already get the loss before. It is okay if they don't get effect because of their losses, and they don't even think about recovering their loss in the future. Maybe we need to manage ourselves in stopping gambling, so we don't feel that it is too difficult to stop.

Well honestly, i don't keep a record. Even though when you compute all my losses in gambling and realize you could buy a new house or a motorbike.
It doesn't keep me from gambling, because i know to myself that when i gamble i fo it for fun.
But sometimes when i loss big time i want to gamble more to get what i've lost in gambling.

They even can't accept that they've already addicted and keep saying that everything is all about finding enjoyment, but in reality the losses that they've got if being calculated is more than the amount of money that can be used to start a business of a better life away from gambling activities. Too much engagement with gambling keeps a person thinks differently and forget about protecting his savings.

No, it might be the reason to trigger to gamble more.

As you can see, people tend to take back what they have lost and losing in gambling gives no exemption.  There are lots of players who go after their losses and end up losing more.  So keeping a record of losses may trigger this attitude so it is better to just forget how much we lose and keep on moving on.  It will not only save us from chasing losses, but it also gives us an ease of mind.

Agreed. This is one reason why I really like the Responsible Gambling at bet365 because they have a few quick tests to check ourselves, the best one is Self-Exclusion where you would be away from gambling for sometime and see if you just feel irritated and there are behavior changes in your body.

Coming back to point I think keeping track of losses and wins will help you limit your losses to a certain level.

But the big question is, have you still been able to quit gambling? Probably no because we regret what has happened in past but what we are currently doing is something we never doubt about.

It will just really trigger out your emotions since you do able to see or keep track towards your losses and its just normal for you to think that you should consider on taking it back.

In result? you would play even more because you do think that you can take back those amounts that had been already given into casinos pocket.Realization wont come from listing out
your losses but it would always come into your own awareness towards your gambling activity.

If you do realize that you are losing much then if you wont like to lose even more then you should completely stop.

Playing gambling is kind of gaming platform that if you get addicted on it, whatever you win or lose it is difficult for you to realize to stop gambling, because there are some people that finds happiness on gambling so that it was difficult to them to stop gambling. For me, I didn’t keep record or make record to state of my losses because I didn’t need a record to make me realized that it is the time to stop gambling, because I just play gambling if I have leisure time.

All gambling websites allows users to keep track of their profit and loss. A user can always check how much profit or loss he has made by checking is stats. I have seen people with huge losses, but they still play. They don't actually care about their loss. They are "addicted". They feel really good when they make profit. They feel bad when they lose. Then they start running after their losses and try to recover it. Its a thrilling adventure for them. Once they are able to recover their profit, they feel MORE good. Its like a form of drug for them.
Yeah it may help you to stop gambling, but that is true for every cases. If you keep record of things you waste daily and unnecessary spending, then you will eventually stop doing that.

Leisure time and spare money which you are willingly to accept if you lose, from that point you don't need to account each loses that you
made as it is really intend to pay for your leisures.
If you can deal with that then you are safe and you are capable of moving forward once you already done with your games.

It will just wait for time if you keep on calculating the loss. Calculating the loss in gambling will not make them recover and by counting the total you will only get sad and depressed. It will by no means will prevent you from playing gambling. So why not stop thinking about the past loses and play gambling with new energy and hope.

It's a good idea though so that gambler can use it to check and balance their progress but a real gambler wont quit because of losses because they will always want to win it back.

Yes, defeat will not make the gambler stop because when calculating the loss at least it will only be used as learning and introspection for mistakes and greed because after all, they will return to gamble but after the incident at least they will gamble with better management and still maintain emotions for not being greedy is how they correct their mistakes.

That could work but only for a moment. I believe that most people that lose money would want to revover the amount that the gambler loses. The record will be used for different purpose like using it as the base of the strategy and also knowing how much money you really lose since when gambling you could also win but mostly lose.

There are two decisions that most gamblers would do if they record their loses when gambling. First is they will try to recover the funds that have been loss by gambling again and second is they will stop gambling (which is what will happen to those who are not a gambling addicts unlike those gambling addicts that will only make them urge to gamble.

It's not that I want to realize that I want to stop gambling I am more of don't want to be disappointed that I'm losing a lot of money from gambling, if you been playing for a long time the sum is higher than what you can think of and you will hate it when you realize that you could have bought something that you dream of buying and that will hurt.

Making losses while playing gambling is part of the process to make gain in playing gambling and you have to learn from your mistake in gambling. If you decided to quit gambling because your are making losses then you will go no where in gambling and I see it as a very bad mind set that can equally affect your trading and investment decision in time to come.

Honestly, I think keeping a record of what you have lost should do something much more than just stop you from gambling, it should show you how much money in your life you could have spent on something that could get you to another step.

Do not forget that if you spend money on business there is a chance it all goes to waste as well, but there is also a chance you end up being a big business owner eventually too. Just couple hundred bucks could get you a decent website with some amazon products with affiliate that you can actually "sell", well you are not the one selling, you are basically a shopping catalog website for the buyers but at least whenever someone comes to your website and buys something they buy from someone else but you get a cut.

This is literally the most common and old trick in the world but you can have one for just a hundred bucks or so. Think about all the money you spend and how bigger and better idea you can get instead of that.

not a Good idea mate because this is kind of frustrating move everytime you see your losses.
this will only brings Greed because we wanted to chase those losses and comes out with another failure.

better record you win than losses i guess?

If I would be doing that, instead of regretting everything, I feel like I will just get stressed over the idea of how much money I had lost in gambling. If you are an addict in gambling, you probably already know that even without monitoring and recording all of your losses. Would an addict even care about his past losses? They won't bother and will continue to gamble because that's what they like doing.

However, that is a part of gambling your money so you should be prepared for how much money you could possibly lose in casinos. Personally, I don't think that listing all your losses is a good idea. You will just overthink, doubt, and regret your decisions. But, if you will look at the brighter side, you can count all the money you have won. It's a better idea than putting yourself on the negative side, or you could just ignore the past. Continue gambling as much as you want, as long as you know how to control yourself.

You should not look back into those money that you have spent or lost when playing gambling because that would just give out frustrations instead.
So i do see this kind of tallying your losses is a bad idea because it would result out or trigger for you to chase loses instead and play even more which will
result into more losses.If you do really intend or plan to stop gambling then theres no need for you to do up everything but rather stop completely.

Its quite easy and when they dont have a clear reason for their decision to stop gambling then Iam sure someone is hard to stop. Calculating the losses that have been suffered may be a step or attempt to stop gambling activities. But at this time, if you are a gambler who only likes to bet on sports matches, then you have the opportunity to stop because no match is played because Lockdown is valid simultaneously.

I used to be a lottery addict, so I had trouble sleeping and when I got to know Bitcoin in mid-January 2017 and I started to be active in forums, my betting activity was almost completely stopped. Therefore, I think the role of substitute activities is also very important in terms of stopping gambling. Without substitute activity, I am sure someone will return to gambling quickly.

That's adds the pain remembering those high amounts of money that you let go because of this activities, if you sum up everything then you'll
be realized that money is really valuable.
From that point the urge of keeping yourself playing again will be lessen if you do realized that mistake.

It doesnt really need to have a substitute because if you do really like to stop gambling on your own will you can really do it but this will depend on how strong your self-discipline is.
Fate of people will depend on how they do deal up with things and we know on how gambling can devastate one's life if they do cross out the border or simply become addicted to it.

Its true that it is easy to advice someone to stop gambling but if you are on the actual condition it wont really be that simple yet addiction is the hardest part to get rid of specially
when you've been doing such activity for too long.

just the task alone - keeping the record of every bet is already a headache. i dont know any gambler doing this strategy. but if this strategy will help some gamblers, thats fine. but maybe if a gambler will do this diligently, he will quit on gambling not because of the losses but because of the task..lol

In my opinion it will not stop someone from playing gambling if he continues to experience losses, even though the losses
experienced are very large. That there is a make motivation to return to playing gambling again. And hoping to return to
playing gambling can cover losses already experienced. Most people will become more and more addicted to gambling,
and therefore it is very important to have many other activities are more positive so our minds will not focus on thinking
about our losses in gambling.

The outcome would always be different from people, mainly base from their economic status, a wealthy one or poor. If a wealthy man would do this, I don't think it won't work because, usually they already have the things they wanted and gambles for fun on the other hand, if it where to be done by a poor or mid range, I think the strategy would be effective because, mostly they don't gamble only for fun but, also to increase their money.

No? I mean, people wouldn't be in debt if they actually got sad about how much money they lost. It really isn't an issue of how much you lose, but how much you can win. That is, in the mindset of those that are addicted to gambling so much that they go under debt. You know how people in adrenaline would forget the pain in their bodies and just continue pushing forward? Might kind of be a similar experience in terms of those that are desperate in gambling. You may say that that wouldn't happen to you, but giving you time not to think at all is a lot easier, hence putting you in much pressure that the adrenaline in your body is the only capable thing that works properly.

You have a point on that. If you are rich and money doesn't matter, you don't wanna bother to record of what you're gambling on as long as you have fun. But if money matters to you, this technique might help you on your decision. You would want to see the actual figures so you know that you have valid basis of your decision.

Well yes sometimes it depends on our status in life. Fortunate people are mostly gamble because they want to have fun while the poor are trying their luck to become rich in snap. But is it necessary or an effective way to stop being a gambler? I think If you're determine to stop even you dont record your losses you can do it. And its easy to move on from losses if you dont have any trace that you lose such amount.

Nope i will never do this for my Own peace of mind,how can you afford looking all the time that the amount is too big compared to how much you win.
better forget this stupidity and Just gamble when you have money and make a rigth decision everytime you gamble.there are so many gamblers that fail because of no discipline and becoming greed as the gambling goes on.

This is not the purpose why we are keeping a record, this is to ensure that we can monitor our performance in gambling and if we have reach the limit then we can stop but it's good that we are aware of what is happening so we can make an appropriate action.

For gamblers who are really serious, they should have a monitoring on their performance so they can decide either they will stop or they will continue.

That will give another stress for us if we look at the money that we lost in gambling. Besides that, it can make us cannot sleep well because our mind will think about how we are going to get that money. But having that record can give information about the average of the funds that we use every week or month so we can try to reduce or we can do something to avoid a big loss.

Gambling sites (as far as I know bet365) gives you a history of your bets and a summary of your profits-losses.
I tried to monitor this balance for sometime and I realized that I was spending too much money. Those money might be used for making a small investment somewhere else. This was the time that i limited the amounts of money I was betting.

I think you don't understand the OP's intention, others might see that writing or keeping a record might sway them to stop gambling because of the money they have spend and the loss that they have incurred throughout their gambling activity. So I wouldn't call this stupidity as there are psychology behind this. Yes, you don't need to practice it if you don't want, but this might bring some good to others you may think of quoting the game

Recording the losses and the wins are part of journalizing,  professional traders are using it in order to find their strengths and their weakness. It is really depends on the person on what he/she will do to their records. Yes it can stop you to gamble anymore but the goal why he/she records will understand more the reasons behind it. I record my losses in order for me to know what is wrong and how I will avoid in order for me to have high chances to win in any gambling games and features.

I think some traders are doing that by making a file that recorded their history in trading, so they know how much their profit and loss. And if they lose, they will try to get back the money in the future. But if in gambling, I don't know about that because maybe some gamblers have that journal for themselves. But for other people, that will make them sad to see how much their loss compare to their win. Yes, that will depend on the person, and every gambler is free to create a journal or not. I hope you can know that in gambling, the chances will be there, but the problem is we don't know when the luck will help us to recover the loss.

For other players maybe that is effective when they are going to compute all their losses and once they turn into big maybe they stop playing. But actually once a player see that they have big losses they are still playing because they have mindset that they need to win so they money will turn back again . Stopping gambling is a player choice even they did not make list or not.

I hope many players that is their perspective that they computed all their losses since the beginning they play until now and maybe they realize on how big they lose. I computed my money too that I losses before but it's not help to me because it's trigger me to play more and use my money.

I think the gambling players some of them are making record in the spreadsheet and compute all their winnings and losses and they mkae sad when they see they lose and once the losses decrease they become happy but recording losses is not mandatory becausw if you want tl stop even you lose a little money you can do that.

trading and gambling are verry simillar activities so yes both recording stuffs can be done  . if pro people do this idea then why not us that are not really that pro ? this should be beneficial so that you are aware if how much you already loose when the time you started gambling but also lets keep in mind that prices of coins fluctuate or dont have the same value everytime you depo and loose   .  better if you can also track your deposits if what time you made it and the time you play that fund for more accurate calculations  .

Honestly wish I'd done this, but the closest I've come to now is my own personal daily (until lockdown, that is) units tracking thread to keep track of my bets.

I have a different concept though, and that's probably because I consider gambling as entertainment and any deposits I make aren't losses, but payments, much as I would enter an entertainment expense in my own personal financial estimates monthly and annually.

So for me, I know I'm spending a fixed amount per season of football, knowing that the entire deposit's my entertainment budget. If I actually win something out of it, I tend to spend it for even more entertainment. In my case since 2016, it's basically paying forward for the next season, so I actually haven't put in new money for gambling my regular seasons (I still do for additional contests!).

Maybe if someone trade without knowing how to trade, that can be called gambling, and that makes us say that trading will be similar to gambling. But if you have skills and knowledge in trading, I think that is not gambling because we can analyze the coin before we enter the market. That will make trading and gambling are different.

When it comes to trading, I can track down my trading history from the exchange, and I only need to download the data seed to my computer so I can see how much the profit and the loss, I can check if I am making a mistake or not.

But if that comes to gambling, I don't need to track down the history because I don't use gambling for making money. I use gambling to have fun and I playing gambling in my free time.

My total deposit in my Bustabit account is almost 2 bitcoins, and considering it would be a great value and would have helped me a lot with my problems especially with food since I don't have a job today because of the Covid 19 virus.
So I regret it but I can't take it anymore and I think it is a  lesson for me to never be an addicted in gambling again and control myself for it.

For me keeping a record of losses will only result on you getting frustrated and regretting which causes you to toxically take your chances again even though the chances of winning is tough.

Definitely not. It could just trigger greediness as it can cause you be more determined to recover what losses you've got thinking that once you've already make it you'll stop. In most scenario, if a gambler wasn't able to recover it making them more miserable. On the other hand I think it's better not be ignorant about your losses. If you've accepted it then your decision making will be pure wherein it can definitely accept losses and wins without getting much dissapointment.

Agree with this, we can say that you have your record, it can only serve as your list of losses, so that by next time you will be determined to win, and too much determination for me, can lead to frustrations, we should record what strategy we used for it to become our guide that we dont need to use that again, but the odds are really difficult for me to learn since it is so much tricky and cant understand very well.

I also think like some who have commented that the addict stops playing for a moment but returns to his old routine. Gambling addiction is a mental disorder but to my surprise, I can see that there are controlled addicts who continue to play but not to the limit of losing everything.

That is not considered as worst addiction yet, but as soon as you are addicted, you are already in big risk and it might get serious in the long run, the things you are afraid to happen might happen, like stealing, or selling your property just to fund your gambling addiction.

We don't like this to happen into our life but all of these are possible when we can't control or stop our addiction.
As early as possible we need to stop it.

thats good because your only playing a gambling for fun and not for the profit  .  you said on trading you can easily download and view your stats  ? well this is also possibe on some gambling sites  .

 it can be downloaded thru json file but the file needs to imported on a json file viewer online but gambling site also provide that viewer  .  on gambling there are also skill based games and also sports bets too which skills can play important role too . also on trading sometimes its still hard to predict the flow of the coin  .   still quits tho

Keeping a record of your loses is kinda unfair to your part, you should treat it fairly by keeping a record on your loses and winnings so you'll know the overall result, if the result is a loss, that's the time you start thinking whether you'll quite now or just minimize your gambling exposure.

Just take it as a lesson and move on. I'm sure you will be able to get it back in a legal way. You can always stop gambling when you realize the game is not for fun. it's just a waste of time and money. Honestly, when you are living in the country where gambling is illegal and you insisted to play and the people around you know that, they will look down on until you stop doing it.

I agree with this. Tracking your losses is like yourself slapping you in the face saying how dumb you are in managing your income. Instead of spending it on gambling, you should save it for your future, especially if you have kids, because the responsibility as a parent always come first, you should be mature to think about your kids future, and not yours anymore.

Another thing about gamblers is that they are all optimistic, just in a bad way though, lol. Their eyes got glued on the "profits" (pun intended) in gambling in which they will never have in the long run if they don't really fit in it.

Yes gambling is risky same as trading so people may lose and win in it if they will keep the record it may help them reduce the risk. People should know how much they are earning and how much they lost so this estimation will tell them is gambling suitable for them or not. If winning is more than lose then its good to keep gaming other wise you need to learn more about gambling.

Both are risky but gambling is more riskier than trading because it is full of possibilities unlike in trading where you need to havw technical analysis skill wherr you can able to read charts and have decisions in order for you to formulate strategies or techniques that you will use. I do both recording and journaling in both trading and gambling in order for me to know if I'm keep winning or losing.

Indeed. It depends to a person if he intends to stop playing gambling, even he keeps or tracks a record of his losses because there are gamblers who doesn't bother even his losses has already reach to millions of dollars because as long they gamble and they are still greedy to earn money they will probably gamble again.

Basically keeping a record of losses in gambling is not a way for gamblers to stop, because even losses or bankruptcy will not stop them from gambling. So in this case I think every gambler has his own way to stop and they won't stop gambling if they don't have the intention to stop.

I agree with your opinion, it all depends on one's intention to make something happen.  Just like people who will stop playing gambling, even if people who gamble lose a lot of money and can almost even buy a car if it's counted, I'm not sure they can stop gambling before there is an intention to change their habits.
Because people who are already addicted to it will be difficult to stop, unless they have the determination to not do it again.

Indeed. If someone cannot realize it as his reason to stop, he surely keeps gambling. The chance to stop will be higher if an addict gets attention from their family or friends. Those people who are close to him, must support and advise him to stop. While for severe addiction, he must visit an expert or professional health treatment. In this way, we can do the best effort to encourage him to recover.

Keeping a record of your gambling losses will make you sad hahaha LOL. But, still it's not gonna stop you from gambling, stopping on gambling will make difference in every person so it might boost you to get back those losses and bet big or just like you said it might stop you considering that, it will make you sad. For me, there's only one way to stop from gambling and that's like every addiction solution is; little by little, cut the time you are on gambling and focus on the other thing in that way, you are slowly stopping on gambling and that's the very effective way to cure your any kind of addiction including gambling addiction.

I agree that is why I stop looking at all my losses, it's very depressing seeing how many money you have lost from gambling but it cannot stop me from gambling I just minimize the funds I spend and the time that I allocate, it will keep you in a safe side if you can control yourself.

   Yatsan is right, keeping a record of gambling loses can make a man sad, if it's negative. People who lost a lot, or losing a lot of
money regularly in gambling would be depressed when ever they need to write down one more lose! That can be a good thing for
them, they will think about stopping often.
   I don't keep a record of my loses, not on paper! I have it my head, after a gambling session I know how much I win/lost and I add that
to my previous results, it's the way I keep track.

I take Gambling as a part of entertainment and I think gambling is just like a game. I play gamble for fun to relieve my daily fatigue and to eliminate the monotony of work. That’s why I don't need to keep any record but if you take it seriously and are a professional gambler, if you want to make money through gambling, then you must have a trend to keep records. It will help you for thinking about what you have lost or what you earn.

I think this works in 2 ways, the first way is the one you mentioned, making gamblers realize its time to give up on gambling after so many losses.
The second way is the anger and desperate drive that losses can cause, it sometimes forces gambler to keep on playing, and gambling until all is lost.

I think striking a balance between lifestyle and gambling will help alone.

Same here. I only gamble just for the fun of it.
Not really a regular gambler so on my end, I don't need to keep the record of my gambling activities.
This is for gamblers that need to assess their status in gambling, who are spending their money that should be allotted for basic necessities.
They need to see the real picture of it. How much they are really spending in gambling.
It is like, they need to see the numbers in front of their eyes.

Probably yes, because when you seeing your record that you can almost buy a car but it was already a loss. If you have saved that in the bank it might you can buy a car but instead of doing that you are in gambling, keep going even your money is not enough for your family as long as your habit was prioritized of yours. Then, seeing your record makes you realized to limit your money that spends in gambling or fully stop gambling.

Keeping a record will not help us to stop gambling if we don't have the awareness to stop gambling, and we don't realize that gambling can get all our money. We can see the record, and maybe we will say to ourselves that we will get those losing money in the next chance. Maybe that can attract us to play gambling longer than we can think because we are already losing the money, and we want to win that money. It needs more than a record to make us stop gambling, but that can happen for some gamblers.

What if it happens the opposite way? Because not all the time people losses, there are some that are fortunate to their betting. Well, if we figure out that we are betting huge amount of money too often then we are winning through it, will it make us stop gambling? I guess not, so what we should consider to stop gambling is our losses, and it doesn't directly mean that if we record just our losses, we will stop gambling. Try to compare winnings and losses and see the results. Then analyze the result to form conclusion that will make us a better gambler, not to surrender, there are ways to limit betting, because believe me or not, if we are betting for a long time, it is like taking something a part from us and that will make us feel sad and incomplete.

If you know that you are losing a lot or just could not control yourself from getting hooked to the gambling, then actually maintaining the books is very good idea. Though you will feel bad and sad about loses but it only help you in your future and time will come where you can have full control on yourself where either you can just play for fun or only play once a while.

I have always kept a record of my gambling when it comes to sports betting as I like to track if I'm making a profit each year or a losing year. My strategy is when I have a losing week or I see more then two days in a row where I've had losing days, I take a break and come back in 3-5 days time and I have found that this helps me out a lot. Its always good to take a break after a bad couple of days as for me it stops me from betting more to make up losses which so many do and end up losing more so I suggest people take breaks when they have a losing patch, it can help a lot so keeping a record can help track losing days.

It is really depends on how you see your records, maybe there are people who seeing it as motivation to become more better gambler or maybe they seeing it as a way to stop gambling especially if their records are more on losses. I do recording but my reason why I do it is simply because I want to improve my skills and develop the area that I am weak. I am not part of the people who recording because they want to stop gambling, I record because my goal is to learn and not to stop.

This means that you are a long term sports bettor, and I presume to have a bankroll for the whole year or whole season of the games you are gambling.
As for me, I only manage to tally my record for the whole season, I like betting on NBA games so I make a record of my history and there its easy to determine my profitability rate as that will tell if we are successful or not, then adjustment will happen.

Tracking our past records of our gambling history is necessary especially if we want to know if we are still profitable in doing gambling. I have spreadsheets where I record my history their everytime I bet in esports or any sports related online betting for me to know my strength and weaknesses. Before I bet, I also record my emotions and also after the results; I also record my emotions and feelings. I always giving care on how I feel because gambling psychology is also important and we cannot ignore it especially if we want to be a better gambler.

This is only for those people who cannot control themselves when playing so they must have realization how much amount they are losing because of their falls gambling habits but for responsible?nope this is not necessary since everything can be settled by our own activities.
Enjoy playing and don't take it seriously because if you did?then either frustration,bitterness or addiction is what you will get.

I don't think it works like that.
Even if you can control yourself and by the time that you see your losses you will feel the same way. Having control over yourself doesn't mean that you don't lose in gambling, right?

I would consider this as a good indicator that you are still far from being addicted to gambling. If you are still feeling sad looking back at your losses, that means your sanity is still intact. That is basically good. You should be afraid when you are on a long losing streak and you feel nothing at all. If you start to feel numb over the amount of money you have wasted on the gambling table and yet you keep on coming back, that is already alarming.

Maybe for the others keeping recording their all losses after the computation what they lose maybe they think that instead of playing gambling they save the money so that's the point that they have chance to stop playing gambling.

But I did not do that because I can manage myself right now so there is no need any computation those people I think to do that is the player who become addict.

Yes because in the end of the day you will realize that your losses is to much and you wouldn't add more than that and self control will be applied when people who do that see his records, but its hard to find people doing this thing since most of the gamble doesn't even care if they lose or win since they are just playing just to have fun.

Of course because money is hard to earn and what if the money that they earn is the salary to their work.
So if recording money that you losses make you sad don't do that but for sure recording all your winnings makes you happy.
I believe a player don't need to record any money they lose or even winnings just controm yourself is enough.

True, why people track their record is they want to take gambling seriously, their goal is to win and they want to know if they are already consistent or not, it's their guide to ensure that they are going into a journey with a realistic approach, typical gamblers does not need this, we just go in and out,.. we are not here to fully focus with a mission.

And that's going to make you sad too, because I'm sure the total number of your winnings is much lower than the amount of your losses, it is pretty frustrating to know that you could still count it in all of your fingers, or it is not yet even close to 100 after all the years you are playing gambling. I'd rather not to list anything at all to avoid the backfire, in my opinion. Enjoying every result or having self realization will do.

Indeed. It is ba for me to always look for your past losses since it will only frustrates me and regret the move that I do . Once is enough for me, if I see that then the next time I will not do the same strategy, but I will forget that since it will become a regret that can never be change nor improve. So let go of the record and be more productive and disciplined in gambling.

Honestly it all depends, just because you feel sad or just because you don't feel sad shouldn't really mean that you are addicted or not. Let me give you an example I have gambled probably 4-5 times a week early last month, I was gambling and basically losing as well but I was having fun, it was basically a collective thing together and I was having fun with friends. Never felt bad, never felt sad, never felt like I am addicted.

When all of that was over and we got into quarantine so I stopped gambling with my friends and never felt the need to continue gambling without them. Simply put there is no connection between what you are feeling and your addiction.

People with such kind of habits will never choose gambling like platforms for their entertainment because they are like living based on calculating their income so they will give that amount to saving rather than spending.But if you are a regular gambler and betting on different games,different websites then you should keep track on the wins and losses or else you may keep losing money even without your knowledge.

Right, I also think that the people who are cautious about their losses stay full of defense by being extra careful on each of their wager on their bets. They are the type of people who chose to gamble for money. It's hard to be a person like this because if you lose you will have a grudge to earn back your loses and can possibly turn into more mess b losing more.

It's not gonna happen if you have the discipline, yes everyone who aim for money in gambling will always try to win back their loses and be profitable, but there is always a limit,  especially on the bankroll management and they will have to improve their strategy by correcting their mistakes as they won't be able to be profitable without consistency.

It is, i think, the best idea to discipline and start to change the perspective and addiction of a gambler. We all know that loses is a very common and frequent thing in gambling (most of its cases) and even anyone whom are onto it wouldn't be aware of how much it costs whenever those loses would rather just be saved. But still, would you mind losing if you are taking the risk in gambling? Losing is the risk or should we say the consequence, and there would be no chance of winning if a gambler was afraid of losing.

I feel that the history of your loss can cause anxiety to play gambling again because it has been seen how much loss is obtained from playing gambling, so it's better that gambling places only provide information in the form of profits gained during gambling so that it can trigger gamblers to keep gambling on its premises.

Keeping a records of a gambling losses will not really make someone to realize and quit into gambling. I believe that in gambling we cannot only loss sometimes we can also win so maybe if we make a list on how many times we loss we can also remember on how we win on gambling so maybe this listing cannot also help on quiting gambling.

They can increase their money management skills but they are not going to take you to profitable way it will keep you in less loss compared to others.Being profitable depends on luck so no one can change the fact so when someone doesn't want to lose their money have to stay away from gambling.

Money management or bankroll management does not tell you which team to bet or what games to play, though this is vital for gamblers but the most important is you know how to choose the winner every time you bet, bankroll management will only make you last and if you have more winnings than loses, then you'll end up profitable.

No, it's not,.. it depends on your skills, let us not count luck here as this is a kind of factor is out of our control.

Whenever we hear the world gambling, the luck part comes into our mind and even if it is skill based the results maybe not be completely depends on it so need luck if you want to be profitable while gambling and yes its out of control that is why gambling business is still profitable and made people to keep coming on it again and again.

Well that is good. Even though you can't stop gambling, at least you know how to control yourself, your money and your time. For sure there are times that you regret that you gamble because of your losses. But that times are only when you're emotional. When you woke on the next day, everything feels fine again.

so true . when i loose i feel verry bad but this feeling fades off easily when im busy on something and i can fully heal the next day but ill be doing the same thing again which was gambling  .i can control my self to not depo big and not depositing for too many times right after loosing  .

i can only depo once and sometimes twice when i got really pissed off  . i cant imagine if me and many others dont have a control them selves , i think we all can loss our money that supposed to be keep for important uses only  .

Any addiction can be stopped quickly using realization. If you realize that you lost a lot of things by doing that vices, you will definitely stop doing that and start a new life. Majority of the recovered gambling addict is the one that has a successful life now. When you realize that you lost something, you will think that you need to take it back by working hard and regaining what you've lost but there is no easy way and you cannot take it back instantly, you also need patience.

When I'm still gambling, I don't record all of my losses  because I it will just be useless for me and I agree with @yatsan said that recording your losses and if all or most of them are losses then you will feel sad.

Not only sadness but also disappointed and regret are the ones that you will feel if you are tracking your losses but recording your losses will give you one benefit and that is to make you realize that you must stop gambling already now that it is early to quit. If you didn't stop and got addicted into gambling, it will make you feel sadder and more regretful  and worse you might get depressed by it.

in fact unfortunately we have to be realistic even in the game we don't have to let ourself be taken by the enthusiasm for a big win but we have to write down both all the winnings and all the losses and pull the sums let's say monthly if the sum is negative and therefore we are at a loss means that our current game strategy does not work...

I tried to record all of my losses in gambling and the thing that i realize from it that i should already have a gaming computer from the total of my losses, but i still didn't stop playing gambling because i still enjoy how it is played and i am having fun with the people that i gamble with, that is why i think making a records of your losses is useless.

Good point.

If you are to monitor the outcome the way you gamble, it's good to have put it in records. And if the results are negative it's either there's really something wrong with your strategy or you should stop and think of it whether to push through or not.

For me keeping a record is good because first of all the data you gathered will become information and those organize the information you will use may help you to answer the questions about the problem to your losses also it is useful for keeping a record on the failures and earnings so you can monitor if you think you are still earning or not. Supposed to be it is better to conclude the information you listed because you do not gather any information there; it is just a useless thing all of the data are important to answer a simple question about your loosing or earning strategy.

Most of the time when I play gambling I made a list, and I check this if I'm going to earn a lot of profit for the end of the month, and also I see the number of money I lose and make a lot of realization what happens on those events why I lose my money, and after that, I use those to build a strong and gather some of the information to get more thoughts what are the things I made wrong in my gambling and use this to avoid getting happen again still we need to take a rest in playing gambling because you cannot focus all the time If you play gambling if you are feeling well better to take a rest for a while so not getting pressured in your games.

Am not sure by doing doping his will help to stop gambling because the gamblers are likely to be trigger by what they have lost to the gambling platform. I for one would be more aggressive to gamble in order to get back the needed profits that will balance the lost I had. Though this is just my life, recently I saw what made me to grew stronger in gambling, this was as a result to get the loses back but toll now yielded non.

Gambling records if keep won't give any gambler a good and decent response towards their gambling life. Reasons be that; they will intensify more efforts to get back their losses in respective of their classes. The only exception here are those who can really control their urge in gambling and not those partial or addict gamblers.

There are people who are good in assessing how things can be done if what will be your next steps once you review the outcome of your activities, recording your stats and assess whether you need to change your strategy or you can continue and try some luck using another week or months,
then decide if nothing happened and things still not favoring your side, the next best thing to do is to quit and forget about this place.

It's the reason why you need to think of it if the results aren't in your favor.

You can quit and get out of it forever or just lie-low and take time to relax and think of another strategy that you can apply if things are still not yet good for you.

That is why recording and journalizing can help you realized that there is something wrong especially if you have high losing rate in gambling. There is a factor that can affect our thinking that can lead realization that we should change something. For those who keep losing in gambling, try to record your gambling history including bets and other features. Aftet the recording, make a chart and review all of it and you can get information about being you as a gambler.

Keeping a record of your losses over a period of time can obviously lead to the accumulation of the money you lost when you gamble and may lead to a realization that you can buy a lot of stuff.

Well, I think the conclusion to stop gambling depends on the time frame you have spend on gambling. If you have lost a lot of money during a short period of time then maybe there is something wrong on how you decide to play the game, else if you lost the money with a longer timeframe I think that is very normal.

One of my few colleague suggest that it is okay to keep track of loses using an excel spreadsheet. You can include some of the details of the casino game you are playing such as the date or the outcome of the games' win or loses. You can then make some tabulation or a graph that will show a trend which helps you to control your gambling habits or how you play the game.

It still depends from people to people. Even if you have a spreadsheet of your winning and losses this will not encourage you to stop gambling. There are some websites that show your average winning and losses in your profile and yet this didn't stop other gamblers. Even without keeping track, if you wan't to stop you will stop.

Right, the only thing that can make them stop is their own desire because if they don't have the determination to stop and at the same time they also realize about the loss due to the losing streak suffered but they will continue to gamble and at least they will only stop or take a short break and then going back to gambling and not about quitting forever from gambling. In this case, of course, keeping a win and lose record will not make the gambler stop gambling easily because they may have other motivations in gambling to continue gambling or maybe about greed and not having control in many things.

Honesly speaking, it doesn't guarantee that it can trigger feeling of dissapointment upon a certain gambler. If a gambler is really an addict to gambling, he'll just neglect his known gambling record and keep pushing through what he desired. Thus, it's certainly useless for whatever type of gambler he/she is. On the other hand if you're a disciplined and successful, it's better not to look upon your losses because it might affect your mood negatively. Better to just look for what it positive though thus you'll be able to process your decision thinking while playing the game.

I don't think many gambling addicts are keeping their records in gambling. But maybe for some who are already thinking of quitting, keeping a record will help them realize how much they are spending in gambling. This will be their basis on why they will quit the game. But honestly, I don't think many gamblers are doing this tedious activity. If you want to stop, then stop just what Genemind said.  :P

I believe most of the online gambling sites would have the function to allow players to see their overall profits and losses on their account. But I still see some players who have lost more than 100 Bitcoins to keep on gambling almost everyday, I guess gamblers who are seriously addicted to gambling does not really look at their stats on their gambling records.

Not all, even sportsbet, I don't think they have that kind of feature added in the site.

I think it's not on the a specific amount as everyone have their own range, if they go beyond their range or their limit, then we can assume they are out of control or maybe already addicted in gambling.

This what I would like to say too. This method is only used by a gambler who already admits to himself that he is a compulsive one, with the help of a professional, they will assess his gambling record. If a gambler who is not willing to stop have a record, it is not for the purpose of stopping. It can be for the purpose of thinking a strategy to gain back what he have lost.

Some gambling addicts see that it hurts them and considers the value of loss in the record is the value that must be taken back no matter how much capital must be spent. The greater the value of their losses in the record will make it more difficult for them to stop chasing their losses.
Lol, that means the loss statistics increasingly encourage them to play gambling.

It is very useful if the sites them self-provide you the profits and losses overall or month wise etc. This will enable to person to keep a check of how much money is being spent on this activity and is it worthwhile to incur loss if any. If people are in profits, then it is fine as it is an income for them but for people who are making heavy losses would need to learn from this and should be stay away if possible unless they have huge money and can afford loses.

If they think like that, no matter how much the money they used to gamble and they lose that money will be the hardest way to get it back. They need to stop gambling as soon as possible and never think that they can be able to recover the money after they see the record. The loss will be bigger than what they see at the record. They need to stop gambling for some time and think about the reason why they are playing gambling. They can realize that playing gambling is for fun only and not for making money.

Chasing those losses is no way to find and get it back again. It is to remember that the more we gamble, the more it possible to lose and this could never help. If we are doing this just to cope with the day we lose and applying martingale strategy, this will only worsen the situation.
I supposed to think it before but something it won't help and it only hurts us seeing a countless time in losing with only a few we got to win. Maybe it never makes sense at all, it might better to forgot the past and just enjoy gambling without thinking about the losses you've made.

And like what the person above you have said, it's not a matter with addicted gamblers they will proceed and will not care about the track or those records even they've already lose a lots of money the desire to play will be the priorities, not unless there's already a will of stopping it will avoid them to continue playing and give value to what they've already spend from this activities.

Of course, when keeping records of losses and winnings you can find errors in your strategy!
In the same way traders make records of trade deals! There is also an accounting book in business...
In general, it is better to always keep a record when it comes to money! ;)

It depends on the people because keeping records of your losses can make you have a good or bad realization which will be dependent on the mindset a certain individual have. Maybe for some, doing such can be helpful because they will realize that there are more important things to spend with rather than using it on playing gambing. But on the other hand, there are types of people who are being triggered to urge on playing more because seeing the record of their losses awakes the beast inside them wanting to keep on trying to play back to be able to win back their losses. There are also people who gets depress or being stressed out seeing those records of losses making them to have regrets that they should not have played gambling at all. There are different ways on how a gambler can cope up to be able to realize whether he will continue to play gambling or just stop. Such ways are dependent on the individual based on his own personality.

Of course anything will be profitable and beneficial as long as you do it in limit. We must maintain our line where we must stop gambling if we are loosing to much and in case of earning as well. Because going beyond limit means we are giving other person a chance to win from us just keep your lose in your mind but never try to recover it and if you are winning then after specific amount of money stop gambling further.

Staying away when you already suffering with huge losses can be track when you have this kind of journals,  people who are still in proper mindsets will determine if they are in need of quitting, unless, you are already addicted then the chance not to value anything is high.
Tracking everything if you have good emotional control will able to lessen the chance of losing huge amount of money.

I usually track all my bets in a separate excel sheet to track every single bet I placed. This way I have a nice overview which allows me to check how much money I win/lose each month. I also track my average odds and how much money i overall placed on my bets. In my opinion tracking all the statistics, is very important to overall win money from gambling.

That's not true, putting a limit and doing it does not mean you will be profitable, that still based on your skills.
Putting a limit will only make sure you will not lose more than you can risk, that's it.

You don't need to think of this when you have good plans prior to gambling as you just need to follow it with your mind and you have to stay discipline that you will not be affected by your emotion as usually that's the devil that would destroy our plan.

Only those that know very well that they have spent too much money in gambling are afraid to keep track of it, I have kept track of all the money I have spent in my gambling activities way before I even gambled online with bitcoin and I am fine with the amount of money I have lost over the years since it is not really a big sum of money, however those that have gambled with bitcoin, especially when it was not really that valuable, really regret to have done so since now they think of all the profits they may have if they have held that bitcoin.

Right, but I'm interested to know if for example, you already sum up all the money you have lost and won for the consecutive 5 months which conclude that you didn't make enough profits, do you stop or just continue to play like you didn't see nothing on your excel sheet? I mean what is for if your not making any analysis through that information of yours to decide what to do next? whether it is for your good or not.