Do you keep track of your gambling? how?

[panjul07]

I do it but in a very simple way, I mean I do not do a specific calculation on every time I do gamble but I just do something like an estimation on how much I win and lose. Once I reach my own limit on both winning and losing then I'll stop for a while then I'll come back after several days or even weeks depends on my own financial condition.

[TopT3ns]

I do it but in a very simple way, I mean I do not do a specific calculation on every time I do gamble but I just do something like an estimation on how much I win and lose. Once I reach my own limit on both winning and losing then I'll stop for a while then I'll come back after several days or even weeks depends on my own financial condition.

I think to track the history of gambling only a few websites that provide that function, or maybe it can use a record of the advantages and disadvantages when you gamble and need to remember that all the settings or strategies you use cannot be the same as before so no one can provide profit or loss guarantee.

[robelneo]

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 keep a record or a spreadsheet or anything now, I don't even look at my betting history, it will just depress me, I'm not very good at gambling so I cannot treat it as an investment and people should not also treat it if you are just an average gambler and you are not a high roller, with huge funds to challenge the house edge.

[Japinat]

Most of the gambling sites show your bets history, so you can easily track it, but for me, I make my own spreadsheet so I can easily access it and I can put some analysis, I'm talking about games in sports since for sports bettors, it's necessary that we are aware of our standing to determine our profitability rate and if its necessary to adjust.

[Quidat]

Most of the gambling sites show your bets history, so you can easily track it, but for me, I make my own spreadsheet so I can easily access it and I can put some analysis, I'm talking about games in sports since for sports bettors, it's necessary that we are aware of our standing to determine our profitability rate and if its necessary to adjust.

For sports betting then its understandable but for other games just luck-based ones then its totally useless to wrote up everything.
Yes, we can see bets history but its totally different when you do look at directly on a spreadsheet.I've tried for a while when it comes
to tallying up my wins and loss in sports betting because its always been part when it comes to make calculations on how much you gonna
bet on a particular game or in short its a part of risk management this is why tracking your bets would be important (for sports only).

[plvbob0070]

I don't usually allocate money for gambling since I don't often gamble for the last few months. I will only gamble if I have extra money, and I feel like playing. So my gambling depends on the money I have, and there's no fixed amount. When I gamble, I don't record it since I don't gamble that much. Aside from being lazy, if I would keep a record, I feel like I might get frustrated seeing the track of my losses. So for me, the recording is not my thing.

Gambling is far from investment. Although they both have risk, gambling is a short term risk and reward, while investment is for the long term period. Gambling is playing and luck but in investment, it's a more serious case because it involves a bigger amount of money. Luck won't give you profit on investment, you need to be smart.

[mersal]

Never really though gambling as an investment but if you can afford some money for gambling then allocate fraction of funds for it from your paycheck and for not messing up with total saving create a separate wallet for gambling purpose and move bitcoin from here to gambling sites whenever you wanted to play.

Excel sheets might be useful to trace your winnings with simple formula or you can simply use the bet history on the gambling sites itself.

[South Park]

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?

You keep track as you would any other expense by making a budget, learning how to make a budget may seem difficult at first but once you learn how to do it you will have no problem keeping track of your expenses, this can be very advantageous when it comes to gambling because if you happen to spend all your allocated budget for that week or month your budget will tell you to stop gambling, and if you do, you will soon notice that you have more money available for other things like trading or investing.

[DeadCoin]

Tracking your money is not important if you are in gambling just for fun not for chasing money. That is also may consume too much time and I think no one gamblers will do that stuff. Another reason maybe it will be blown your mind knowing that you have already a huge loss in gambling. For me, it is okay not to know how much my losses in gambling at least I am confident that I can afford my losses.

[DoublerHunter]

Tracking your money is not important if you are in gambling just for fun not for chasing money. That is also may consume too much time and I think no one gamblers will do that stuff. Another reason maybe it will be blown your mind knowing that you have already a huge loss in gambling. For me, it is okay not to know how much my losses in gambling at least I am confident that I can afford my losses.

^ Definitely right as of me but different people have a different way of tracking their money and I will not blame them by that because we had our own perspective way of handling or budgeting our fund. Keeping track of what you have been spent in gambling is not bad, but it's up to you if you are willing to spend your time on this. Nevertheless, probably this is good for yearly audit but I won't agree if this is daily.

[danherbias07]

Difficult if you keep noting everything.

I do bets in sports with cryptocurrencies and I don't note every single one.
Prices of it change so it won't matter.
You will just feel more regret if you sum up everything that you will lose.
With parlays you could lose a lot and that will hurt if you have already gambled a lot of money in it.
Perhaps those who use USD to bet will make something like a spreadsheet.

[aioc]

I don't recommend keeping a long record but a daily one is ok so you can track when to stop or better allocate a specific amount and don't add more, or it will become a habit that will make it hard to defeat, a long record is not good because you will see your total losses and you will be disappointed when you know that you can already buy a big bike if you save what you spend in gambling.

[Lakai01]

I'm just tracking how much I spend on gambling per month. That is also quite easy for me, I have given myself a budget for it, which is more like pocket money for a junior high school student If this money is used up, I do not continue to play with it. But it is usually so much that I still have a few crumbs of BTC in the game accounts at the end of the month, of course, also depends heavily on how lucky I am when I play.

However, I am currently considering investing the money in solo mining, which is basically comparable to lottery or gambling. However, pocket money would no longer be enough for that, so I have some doubts ...

[ampere]

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?

First and foremost, it is wrong to have it in mind or correlate gambling as an investment, it increases your drive and pushes you towards addiction.

Secondly, i always have a budget for betting, and i do not go beyond that, except i win consecutively.
Winning brings and unimaginative  joy and excitement.

I don't keep spreadsheets, it can cause depression if you witness a losing streak in gambling.

[Mumbeeptind1963]

Yes, I always try to record how much money I used for gamblimg.

I don't see it as an investment since there is no guarantee that I will win every time I play. The way how I track the money I used for gambling is simply I record it on an excel file including the date, its value and whether if I win or not.

There is a history of all your losses and wins in every game you are doing. So that you may see if you are progressing or you have always losing. Just keep on tracking so that you may change your way if ever you continue to lose. Then if your strategy is effective then keep it up. But always remember to control and manage all your assets.

[shoreno]

 seperate ? you mean the deposit or the allocated funds intended only for gambling  ? no i havent try to do that because i dont like gambling my real funds or the funds that came from my hardwork ( salary from my job ) .

  i can only gamble money that my friends give me or the money that i earn online ( sideline )  . in that way no hard feeling when i lost it all    .  no regrets because i can still eat and provide the needs of my family   . i dont see gambling as investment but as long as you bet or put any amount , that is simillar to investing right   ?

[maxreish]

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

Uhmn,not really. I don't do records and I don't consider this as an investment. I usually look at it as a past time only. Playing while having fun, that's it.
 
 

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

 When we register in a gambling site, you can simply look at your own profile with your own statistics so you may know how much is your profit or losses already. That's how I track my gambling status and not by spreadsheets or other way.

[KnightElite]

Yes, I always try to record how much money I used for gamblimg.

I don't see it as an investment since there is no guarantee that I will win every time I play. The way how I track the money I used for gambling is simply I record it on an excel file including the date, its value and whether if I win or not.

There is a history of all your losses and wins in every game you are doing. So that you may see if you are progressing or you have always losing. Just keep on tracking so that you may change your way if ever you continue to lose. Then if your strategy is effective then keep it up. But always remember to control and manage all your assets.

Rather than viewing it in history, it is better if you will write it in a spreedsheet or in a notebook in order for you to jounal it. I like journalizing not only in trading but also in gambling. There are many advantages that we can get if we do journalizing. It helps us to identify our strength and weaknesses and able for to assess our selves. We can identify the strategies that have higher winning rate in order for us to make money in the market.

[lienfaye]

Everytime I gamble im using a spare money that left after budgeting our monthly expenses, I dont allocate an specific amount just to use for gambling since I rarely play.

Its not an investment for me because if you gamble there's no assurance if you can double your money or lose it.

Its very risky and should not be treated to earn decent amount because gambling is more on luck.

[Question123]

Everytime I gamble im using a spare money that left after budgeting our monthly expenses, I dont allocate an specific amount just to use for gambling since I rarely play.

Its not an investment for me because if you gamble there's no assurance if you can double your money or lose it.

Its very risky and should not be treated to earn decent amount because gambling is more on luck.

Seperating money in your needs is good because the is your primary priority that gambling but seperating a money needs to be bigger than the money you spend to the gambling.

Gambling is not really investment because anytime that money will have chance to gone once you lose in betting your money the investment too is risky but gambling is have a lot of risk.

Gambling is mostly luck but we can decrease the risk of losing money by using your skills and strategy to increasing probability of winning too.