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Author Topic: Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling  (Read 1240 times)
plvbob0070
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March 30, 2020, 04:48:20 PM
 #101

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.
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March 30, 2020, 06:14:46 PM
 #102

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.

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.

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.

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March 30, 2020, 06:32:40 PM
 #103

~~~
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.

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March 30, 2020, 06:54:08 PM
 #104

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.

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.
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.

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March 30, 2020, 09:41:24 PM
 #105

~~~
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.
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.

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March 30, 2020, 10:02:42 PM
 #106

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.

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

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March 30, 2020, 10:14:22 PM
 #107

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.

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March 31, 2020, 10:32:03 AM
 #108

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.

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March 31, 2020, 11:38:54 AM
 #109

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.

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March 31, 2020, 11:48:48 AM
 #110

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.

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.
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March 31, 2020, 11:50:46 AM
 #111

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.
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.

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March 31, 2020, 11:58:44 AM
 #112

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.

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March 31, 2020, 12:27:39 PM
 #113

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.

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ethereumhunter
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March 31, 2020, 01:52:20 PM
 #114

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.

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.

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Naida_BR
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April 01, 2020, 07:59:36 AM
 #115

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.
btc_angela
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April 01, 2020, 09:07:53 AM
 #116

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.

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

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Savemore
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April 01, 2020, 10:40:32 AM
 #117

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.

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.
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.
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April 01, 2020, 11:38:31 AM
 #118

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.

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.
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.

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April 01, 2020, 12:08:28 PM
 #119

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.
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April 01, 2020, 12:26:53 PM
 #120

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.
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