Have You Counted Or Estimate All Your Losses And....

[Fundamentals Of]

It is suggested to calculate your gains and losses but most importantly your losses.

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

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

[Janation]

It is suggested to calculate your gains and losses but most importantly your losses.

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

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

[Duzter]

It is suggested to calculate your gains and losses but most importantly your losses.

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

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

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

[barbara44]

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

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

[Janation]

Now I'm aware about the need of calculated gambling, if I've did it earlier now I could've saved big.

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

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

[the rise]

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

[Best Dreams]

It is suggested to calculate your gains and losses but most importantly your losses.

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

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

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

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

[Slow death]

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

[janggernaut]

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

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

[BitcoinTurk]

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

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

[btc_angela]

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

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

[huige007]

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

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

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

[michellee]

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

If one has proper plans about recovering losses through gambling and has good control over greed and stress, there are many ways through which he can regain whatever he has lost in gambling. He can change the type of gambling he was into. For instance can shift to paroli from martingale or can shift to sports betting from dice games etc because in latter ones, the chances of making money are greater. One shall use them in gambling for making money.

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

[swogerino]

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

[Sahyadri]

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

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

[Faxmate]

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

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

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

[Kasabus]

There is no point in estimating your gambling losses.

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

Most people are happy to see that even with a small amount they have been a success and can not offset all the losses. On my own, I never calculate because if I know how much my losses compared to my success, it will be regrettable to my side. One thing I've learned, it's priceless the pleasure I get in gambling and I guess that's enough for me.

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

[Bitinity]

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

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

[Fundamentals Of]

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

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

[matchi2011]

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

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