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Author Topic: Do you keep track of your gambling? how?  (Read 2280 times)
l3pox (OP)
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April 04, 2020, 04:12:18 PM
 #1

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?

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April 04, 2020, 04:22:14 PM
 #2

I used to do it on a monthly basis, I don't keep track of anything now.
Based on my salary I would put aside a fixed amount when I desired some action. That was always the maximum money I would gamble with. I kept to this rule and didn't break it. At the end of the month I either have more, less, or nothing left so it is easy to keep track of my winnings and losses.   

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April 04, 2020, 06:16:05 PM
 #3

I don't think I can recall how many times I've used Excel for the stupidest things. I think I still have some dice game method calculus spreadsheets somewhere on my PC - I used to create automated formulas to tell me, based on some inputs, how many bets are needed to be placed until I bust with my balance.

It was more fun than an investment. I used to play all day long - big ex-addict here. I usually played with faucets out of boredom while chatting with others on the casino and, whenever I felt lucky, I would've deposited and played my chances. Cheesy The deposits were usually small amounts I would've paid for a meal or a drink. IIRC there was only one point I have deposited my ENTIRE Bitcoin balance and played it. Besides that, non-significant amounts.

Physical notebooks? I think that's too much of a headache and the calculus can go wrong at any time.. much faster to go for Excel formulas.
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April 04, 2020, 06:30:00 PM
 #4

Well, I only gamble if I have extra money to gamble but if I don't have, I won't gamble. That is the reason why I have heard a thousand times here in the gambling section saying that, [only gamble of what you can afford to lose]. Dont ever think that it is an investment because this is very risky on your part, again, gambling is not for aiming money, it is for a fun activity.

I gambled so many times and I also experienced losses but I don't have a plan to track them all because perhaps it makes my head blown knowing that I have lost a lot of money which is the fact when you are a gambler. Indeed, if you thread this to have fun, tracking is not necessary.









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April 04, 2020, 07:16:19 PM
 #5

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?

There is a notebook that I follow this work. I write how much money I put on one side and how much money I made on the other. While doing this, I definitely write the value of that day as BTC and ETH. There is a critical rate for me in this process: 50%

If my earnings have exceeded 50% of the main currency, I will definitely attract it to my wallet. If my loss reaches 50%, I definitely take a few weeks break.

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April 04, 2020, 07:20:26 PM
 #6

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?
Keeping track of our gambling spendigs weren't a big deal. These days we've got lots and lots of applications that make our daily spending calculations easier. Also there are few applications that reminds us when our spending go beyond the limit that we've set to spend on specific things. It can be of entertainment, gambling or anything else.

Some use spreadsheet for calculations of spendigs as well as for the earning made. This too is an user friendly way for which we need some knowledge about spreadsheets.

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April 04, 2020, 07:31:32 PM
 #7

do you registerhow much you separate for gambling?
No, I do not separate a determined fund for gambling, I gamble when I feel like, which is not that much, and only put in spare cash available at the time.
do you see it as an investment?
Partially, it is a sort of investment in the sense that, you put in your wager (capital) and hope to get return on your investment. But it is mostly based on luck, so I can't qualify it with other investment ventures.
if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?
I don't really. I sometimes keep a log of receipts I get from gambling centers, both off/online. But only hold onto this for a short period of time, probably cause I gamble intermittently.

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April 04, 2020, 07:37:31 PM
 #8

I keep some sort of data.I set apart a monthly bankroll for gambling and divide it in different amounts,how much goes to sport betting and how much for sport betting.I keep track only of the final bankroll in the end of the month and almost always I end up with 0 money because I usually lose everything.The few months who I see green I see how much I have won and I also keep track of the slot I won it or sport bets that I have won.

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April 04, 2020, 07:47:45 PM
 #9

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?
I don't see gambling as an investment but I am seeing it as an way of havig fun or enjoyment because in gambling sometimes for those who are rich already they are just seeking fun over gambling and no matter what happens after the game they are happy although they may lose or what. Gambling is a platform in which you can earn profit but this is also a platform for those people who is having a difficulty when it comes to dealing with hard people.



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April 04, 2020, 08:11:48 PM
 #10

I used to do it back then when I would gamble as a source of income. It was so nerve wrecking seeing the losses I would sometimes make but right now I do gamble majorly for the purposes of fun or entertainment with my spare money so there is no need of me creating records anymore.

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April 04, 2020, 08:41:03 PM
 #11

In fact I don't but that is because I don't gamble for large sums. I use extra money from my income that I will not miss, these arw not the sane sums all the time but I don't need some records.
Otherwise I think that it's good for large players to have evidence how much they put in game, win and loose. Sometimes when you see the sum of money that went into gambling you'll know if you spend too much and if that is leading you to the wrong way.

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April 04, 2020, 08:53:47 PM
 #12

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?


-No
-No, gambling is never been an investment unless if you invested money with the house itself.
-Tracking is just a bad idea because this thing will just trigger out bad things likes chasing losses and get stressed out because you've lost too much.
Gambling is for entertainment and if you do list things up on how much you do spend then you are seeing gambling on a different thing which is bad.

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April 04, 2020, 09:15:07 PM
 #13

Who loves tracking out winnings or losses in gambling? That'll only create a stress on your edge.
What's more important is that you didn't become broke af. Most of the gambler around here has not been recording anything from the very beginning they gamble. Take it as an extra reward/income when you win when gambling or a toll for having a pleasure when you lose.
Nevertheless, when you are a responsible gambler, you know It's just an excess money out from your household budget.
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April 04, 2020, 09:35:20 PM
 #14

So far, I didn't track my gambling activities but just limit how much funds to use monthly. I think it is not really needed to do (tracking) because playing gambling isn't something to expect much about the results (prizes/earning money). I mostly played gambling for fun or just try attempts without any serious goals. So, I don't think I need spreadsheets or notebooks to track it. In addition, you mustn't think it is an investment since you won't get regular income from gambling. No one can win regularly and at every attempt, also you can't predict when you get the prizes. It is strong reason to not consider gambling as an investment.


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April 04, 2020, 09:56:07 PM
 #15

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?

Not necessarily but I can consider.

And definitely NO, I don't treat my gambling activity as an investment even without a doubt, already earn and lose a decent amount of money since I started doing gambling even prior to the existence of crypto. Funds meant for gambling have its own allocation so win or lose it won't affect my daily spendings. I just need to make sure that I will win every bet.

If ever I will track it, spreadsheets or just a piece of paper is enough. But as I said, not necessary.
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April 04, 2020, 09:58:38 PM
 #16

I don't track my gambling and if I did I would likely to use spreadsheet if online and notebook  if I want the record to be physically written. Tracking your gambling history could give a negative impact like getting more addicted to gambling to recover the lose funds which gonna lose again.
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April 04, 2020, 09:59:06 PM
 #17

I don't list all of the deposits i've done from different casinos I feel like it's too much effort since you have to update it constantly. I slightly see it as an investment since you could always withdraw if you win but at the same time I don't take it too seriously since I always expect my deposits to lose. I somewhat track mine by just remembering the starting bankroll or do a small recap of all the bets i've made for the day.

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April 04, 2020, 11:28:54 PM
 #18

do you see it as an investment?
How can someone think gambling is a kind of investment? Does it guarantee you profits or the amount of money?
I never see it as an investment, gambling is a game and the prize is just a bonus. I suggest everybody to not rely on gambling for the future dream. You are better to put your money on Bitcoin or other potential coins.

how do you track it? simples spreadsheets, physical notebooks or maybe some different way?
Maybe I will consider to use it someday. For now, I never use any physical notebooks or simples spreadsheets to track gambling. I don't gamble regularly, just play gambling when I have time. At least, it is not necessary to use now because I am still not a professional gambler and haven't much time to gamble.

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April 04, 2020, 11:47:00 PM
 #19

do you registerhow much you separate for gambling?
do you see it as an investment?

if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?

I'm not tracking my gambling bet history as I only focus on my winnings. But it doesn't mean I don't care.

Listing those are fine but I don't see how important it is. Those losing will just affect my future strategy and will bring me down.

But if ever I like to look on my past bets for maybe calculating how much I won or lose, as long as the sports betting sites remained active, I can check my betting history at any time.

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April 04, 2020, 11:52:52 PM
 #20

No.
No.
I dont have to look at it as some investment because if I do, I want become broke already. Maybe a few gamblers put their bets on spreadsheets to track their wins and losses. That probably someone who made gambling as his main living.

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