how much do you think keeping logs is effective in gambling?

[piloder]

I have never thought keeping logs like this but i also think this is good idea and may help you manage your bankroll as well as you can also limit your losses. I think I will find it hard to keep all of my gambling logs because whenever i loss, i used to get frustrated and don't want to spend anymore time in that site and when i win big i try to left site so that i will not loss what i have won.

[carlfebz2]

Logs is helpful for sometimes because with this you could able to manage your bank roll and you already know your limits on a certain day but well it depends on a certain individual if he likes to log or not because some are lazy enough not to do this thing.In my case im not logging too since i do play gambling occasionaly.

[vella85]

I always keep logs to track my win loss and also profit or loss for the year. By doing this I can see if I had a good year or bad year and I normally keep different logs for different sports to see which sport I need to improve on in the next year or in the next few months. So I think by keeping logs of your bets is vital, well for me they are as everyone is different when it comes to betting.

[john2231]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

Well i am not doing and save any record or logs in my own spreadsheet if am actually making profit or not because i am not targeting large profit or targeting to reduce my gambling activity i just gamble with enjoyment and gamble just to try my luck..
Keeping logs to your bets can gives you idea to know how much you are spending how much you are making profit or how much you are lose in total..
So if you keep losing and lose a large amount of money in gambling better to reduce you gambling activity or reduce your bet amount..or if you are making good profit just stay what you are doing..

[Dammitt]

I think you're making a sensible move, but you do not need to do that to me. I'm doing some leagues and matches in excel file and I analyze them by looking at them.

But of course, there are only leagues that I trust when I do this. I am comparing them on a few sites I am used to and I am betting on the match.

[Ziskinberg]

It is very important if you are aiming for profit, with logs you are starting to treat what you are doing like you are having a business or you are into investment. That logs will tell you on how you perform in gambling and with that you can analyze what happened so you can improve your strategy to help you reach your goal to be profitable.

[Oralmat]

Well done, you like a good gambler, because i also do it, but not in an excel sheet, i do it only in paper, because i am not play gambling in everyday. But it is really a good idea, for professional gamblers, also it help us to recover our lose and in this way we control us not to be addicted. I mean we can manage our money in gambling, and not play only for winning.     

[jcojci]

i am not make any logs when i am playing gambling because i don't know how to make it in excel, i guess maybe i will make one later so i have the info about how much i have loss and how much i have win. thank you for this idea.

[Maslate]

i am not make any logs when i am playing gambling because i don't know how to make it in excel, i guess maybe i will make one later so i have the info about how much i have loss and how much i have win. thank you for this idea.

It's not necessary you have to do it in excel, you can write it in a plain paper and there you go. Please put in mind that monitoring our performance in gambling is very important, especially when we are planning to stay long, it will tell you on how are you doing and will certainly help you to make the right decision whether to quit or continue.

[nydiacaskey01]

recently i have started keeping logs of all my bets in an excel spread sheet so that i can see how much i am gambling each month in total and at the end of the month i can tell if i was successful or not.

how many of you are doing the same as i am?

Is this part of your new years resolution? Its a nice way of keeping track of your spending's and if you are well disciplined enough you will be able to stop when you hit your limit if you have daily, weekly or monthly limit. Its the same as real life tracking of your expenses and monitoring which expenses you still get rid off.

[michkima]

For me I just take a mental note of how much I am gambling. I just, for example, a lot around 0.01 for the month as my gambling fund. When that bank roll is gone, I just quit for the month and wait for next month. But if that amount still remains after that month then I withdraw it and place another 0.01 as my new bankroll.

[RealPhotoshoper]

I have never thought keeping logs like this but i also think this is good idea and may help you manage your bankroll as well as you can also limit your losses. I think I will find it hard to keep all of my gambling logs because whenever i loss, i used to get frustrated and don't want to spend anymore time in that site and when i win big i try to left site so that i will not loss what i have won.

Yeaaa that's what we call bankroll management, it is important to have it and i have one too.
If you do it you will see how gambling winning/losing come and go.
And it is feel like debt , today you won good amount but then few days later you lost more than that and repeat.

[Oilacris]

I have never thought keeping logs like this but i also think this is good idea and may help you manage your bankroll as well as you can also limit your losses. I think I will find it hard to keep all of my gambling logs because whenever i loss, i used to get frustrated and don't want to spend anymore time in that site and when i win big i try to left site so that i will not loss what i have won.

Yeaaa that's what we call bankroll management, it is important to have it and i have one too.
If you do it you will see how gambling winning/losing come and go.
And it is feel like debt , today you won good amount but then few days later you lost more than that and repeat.

Having logs is just like helping to build up your money or bankroll management and yes it will really help you but people are different because some dont like to focus on one gambling site and just mentioned above everytime we experience loses we got mad and really dont need to tally everything and i really agree into that because its really part of human behavior.

[xuan87]

keeping logs is a great way to start counting how much do you spend for gambling, it can be a tool to control your budget in gambling also it can show do you really earned any profit from gambling, also you can set a better bankroll management, so it is a good way to control your gambling

[cpfreeplz]

Odds are odds no matter what has happened in the passed. Assuming you're always on a probably fair gambling site you'll always have the same odds whether you're on a hot streak, which btw there is no such thing, or not. Keeping a log of past bets is fine if you want to make a chart or something but if you're playing 50/50 odds you'll always see that the house edge is just a little bit better odds.