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Author Topic: Do you keep track of your gambling? how?  (Read 2283 times)
kayvie
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April 12, 2020, 09:15:22 AM
 #121

No, because I think it is unnecessary to record my gambling every time I play. Seeing the history or the outcome of my gambling will only give me stress and it might be the trigger for me to chase my losses and will lead to losing more money later on.
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April 12, 2020, 09:25:04 AM
 #122

I usually play sometimes because I am not an active player. The times I have won I have invested in crypto or bought something for my home.
Usually, I make a spreadsheet to know how to distribute the good use of my money. Because I have my intention to save for the future of my children.
you are not an active player but you are making spreadsheets for your gambling activities?thats cool and it is the first time i read such thing.

or maybe those non regular gamblers are more detailed than regular?because they treasure more the money as they need for their future.

Although you are just new in gambling, still you should monitor your results in gambling so that you know when you have a good and bad experience in gambling. Monitoring will help you reflect and learn your mistakes as you list every detail in your gambling history.

Newbies or beginner are the number one prone to losses and greed that's why they should learn a lot of strategies. Experience is enough for you to learn from your mistakes and losses are normal in gambling, you can't control the gambling platform but you can lessen the probability of losing just by making some strategies.

No matter how long you've been gambling, either newbie or professional, no one is exempted in losing in gambling, all of us experience huge loss and greed. It depends on us if we will take some actions to prevent that loss and focus on winning our money back.

Details are essential in making some strategies, and the essence of gambling history is for you to realize that the gambling is not a source of income but an investment is much more effective.

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April 12, 2020, 09:36:50 AM
 #123

Although you are just new in gambling, still you should monitor your results in gambling so that you know when you have a good and bad experience in gambling. Monitoring will help you reflect and learn your mistakes as you list every detail in your gambling history.

This is exactly what I think. Everybody makes mistakes in the beginning and so when gambling. Keeping records helps us remember our past mistakes so we don't make them again.
This may not reduce the risk of gambling, but it can significantly reduce the overall financial loss.

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April 12, 2020, 11:17:20 AM
 #124

Although you are just new in gambling, still you should monitor your results in gambling so that you know when you have a good and bad experience in gambling. Monitoring will help you reflect and learn your mistakes as you list every detail in your gambling history.

This is exactly what I think. Everybody makes mistakes in the beginning and so when gambling. Keeping records helps us remember our past mistakes so we don't make them again.
Remember yes, but isn't it important also to correct our mistakes because if not, we will continue to lose money and we are so stupid to commit the same mistakes again and again, and this is not healthy financially.

Keeping track of our record will help us to decide timely, we can correct mistakes or stop because we can't correct it.

This may not reduce the risk of gambling, but it can significantly reduce the overall financial loss.
it will reduce the risk because once you become more mature, you will understand the risk and you know how to mange it.
Less risk = less financial loss.

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smyslov
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April 12, 2020, 11:32:01 AM
 #125

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 do it on a weekly basis but it's not recommended if you are not good at gambling because you will see a lot of losses, it's much better to go and have some fun and think that you are losing but you are also entertained and it's a big bonus if you win in a session that means you can save money for the next day session.
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April 12, 2020, 12:39:33 PM
 #126

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 do it on a weekly basis but it's not recommended if you are not good at gambling because you will see a lot of losses, it's much better to go and have some fun and think that you are losing but you are also entertained and it's a big bonus if you win in a session that means you can save money for the next day session.
As for me, I haven't done it even before. Knowing to myself that I am not that good in gambling. If I try to record it, I won't able to see anything but the money I lose. And for me, seeing your losses will not bring you any good. It is better to just enjoy playing and be entertained every time you play.

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Hippocrypto
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April 12, 2020, 12:59:28 PM
 #127

No, because I think it is unnecessary to record my gambling every time I play. Seeing the history or the outcome of my gambling will only give me stress and it might be the trigger for me to chase my losses and will lead to losing more money later on.

If you're stressed on that history, that's the time to have reflections on how you managed your money. The truth shall set you free, and have fun time to accept the fact that in gambling there's always win or lose scenario. For me this isn't a problem to consider, but rather an inspiration to pursue life and move on to control yourself of being addicted.
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April 12, 2020, 01:48:49 PM
 #128

No, because I think it is unnecessary to record my gambling every time I play. Seeing the history or the outcome of my gambling will only give me stress and it might be the trigger for me to chase my losses and will lead to losing more money later on.

If you're stressed on that history, that's the time to have reflections on how you managed your money. The truth shall set you free, and have fun time to accept the fact that in gambling there's always win or lose scenario. For me this isn't a problem to consider, but rather an inspiration to pursue life and move on to control yourself of being addicted.
It would vary or depend into each person because not all do have the same mindset when it comes to realization of things on a certain situation,just like on what we've been talking on here about keep tracking of your gambling expenses,it can indeed put up stress for sure specially if you are already in negative or even you are profiting it would really put up the emotion of greed to set in.For losses then
thats the time you would consider on chasing up losses depending if you do made some self realization and completely stop mid-way before you do make anything even more worse.

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April 12, 2020, 01:58:36 PM
 #129

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 really essential to do in gambling I just do gambling and set a may fund and have my limit to it as always. I don't gamble a lot sometimes it was just 1 time a week as long as a earn profit in gambling I don't really tract it or put it in the spreadsheet. For me gambling was just entertainment or profit also it just depends on your luck so recording your loss would not really change the outcome of your funds.

I guess you should do this when you're addicted so that you could realize your loss in gambling.
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April 12, 2020, 03:19:28 PM
 #130

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 do not track mine. But if I will, I will use my microsoft excel and I will create formula on it. There will be color coding to wins, and losses so that I can easily see my winnings and losses. There will be a weekly, monthly and yearly summary to easily determine when did I often lose or win and of course to prove to myself if I get back back all the money I put in gambling or not.

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April 12, 2020, 03:48:28 PM
 #131

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 really essential to do in gambling I just do gambling and set a may fund and have my limit to it as always. I don't gamble a lot sometimes it was just 1 time a week as long as a earn profit in gambling I don't really tract it or put it in the spreadsheet. For me gambling was just entertainment or profit also it just depends on your luck so recording your loss would not really change the outcome of your funds.

I guess you should do this when you're addicted so that you could realize your loss in gambling.

Great, at least, you don't need to track of your win, and you're losing because you are playing gambling for entertainment. Setting the limit will be the help for you and other gamblers from spending too much money because we cannot always ready to get lost in gambling. Keeping track will not be too important for gamblers who have not have a big hope to make money from gambling.

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April 12, 2020, 06:36:02 PM
 #132

For Poker I suggest you using a tracker like Pokertracker or Holdem Manager. With these programs it is possible to track your loss/win and also show some stats of your opponent. But caution: Not every poker platform allows these trackers, because they give users an incredible advantage.
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April 12, 2020, 07:03:21 PM
 #133

Actually keeping the record of each bet will be a crazy idea and it can cause psychologically-based illusions. Instead of manging the big data, monitoring the incoming and outgoing transactions will paint a picture for calculating the profit or loss. In the end, it depends on personal management preferences.

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April 14, 2020, 04:19:24 PM
 #134

Actually I don't track anything on gambling, I am not separating my money that I will spend on gambling and in other things because I am not that so addicted on gambling, I only play once or twice a week, I just wanna play when I was bored, that's it, I just wanna kill my boredom. So I know that I wouldn't use so much my money. Even though I bring all of my money while gambling, for sure I wouldn't spend it all because I am that person that don't want to lose all of my money so if I am losing the game, I just quit. I am not like some other gamblers that if they are losing the game, they won't stop, they will trigger their selves to play more so they could get back all the money that have lost by them.
While it is impressive that you are able to carry all of your money with you and not gamble with it in my opinion it is better to not tempt fate, I have seen too many cases of people that after receiving their pay they went to the casino and despite my warnings this was a bad idea they still went to the casino and at the end of the night they had lost all their money, you just need a short lapse in your judgement for this to happen, as such even if your self-control is impressive it is better if you keep your gambling money separated from the rest of your money and you never bring that money to the casino.
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April 18, 2020, 09:07:43 AM
 #135

For me personally keeping track of my expenditure in gambling is pretty useless, you will only get frustration and regret when you see what you are spendinding and I also find your post ridiculous thinking that gambling is an investment, investment in my opinion is something that you are putting something with the expectation that there is a return benefit. On the other hand gambling is not an investment unless you are owner, co-owner, or investor in a gambling business, it puts you in the consumer side, you are more of a livestock rather than a farmer, I advise that we all shouldn't advocate gambling as an investment it destroys lives (the gambling).

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Japinat
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April 18, 2020, 09:16:04 AM
 #136

For me personally keeping track of my expenditure in gambling is pretty useless, you will only get frustration and regret when you see what you are spendinding and I also find your post ridiculous thinking that gambling is an investment, investment in my opinion is something that you are putting something with the expectation that there is a return benefit.
If you are gambling with the full purpose of having fun, it's not necessary to track your record, besides, when you gambling, you only risk money at that certain time, and you'll start with a fresh bankroll again the next time you gamble.


On the other hand gambling is not an investment unless you are owner, co-owner, or investor in a gambling business, it puts you in the consumer side, you are more of a livestock rather than a farmer, I advise that we all shouldn't advocate gambling as an investment it destroys lives (the gambling).
That's what people think, it's the basic, but if you go further, you'll see that there are people as a gambler are making money with gambling,
They called what they are doing, investing in gambling.

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South Park
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April 19, 2020, 05:56:00 PM
 #137

For me personally keeping track of my expenditure in gambling is pretty useless, you will only get frustration and regret when you see what you are spendinding and I also find your post ridiculous thinking that gambling is an investment, investment in my opinion is something that you are putting something with the expectation that there is a return benefit. On the other hand gambling is not an investment unless you are owner, co-owner, or investor in a gambling business, it puts you in the consumer side, you are more of a livestock rather than a farmer, I advise that we all shouldn't advocate gambling as an investment it destroys lives (the gambling).
Why do you think it is useless to keep track of how much money you are spending on gambling? If you are frustrated with the numbers you are seeing then what it is wrong is the amount of money you are spending on gambling and not on the fact that you are trying to keep records of it, the idea behind it is simple, we do not have an unlimited amount of money and if you want to maximize what you get out of your money then you need to know where all of your money is going, that way you can make a better use of it and over the long term this will have very positive effects over your life.
michellee
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April 20, 2020, 05:24:25 AM
 #138

Actually keeping the record of each bet will be a crazy idea and it can cause psychologically-based illusions. Instead of manging the big data, monitoring the incoming and outgoing transactions will paint a picture for calculating the profit or loss. In the end, it depends on personal management preferences.

I guess that can make some stress every time we check the record. We can have the feeling to get that money back to us, and we might try to recover the loss by playing more in the next days. Maybe that will depend on what reason people for playing gambling in making the record. If they also make an analyzing record to see how good the result, then maybe the file will be necessary since they want to create a new strategy that can work for them.
Kong Hey Pakboy
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April 20, 2020, 03:16:49 PM
 #139

I think keeping a record in gambling is useless because there are some gamblers who don't bother themselves, even they already lost thousands of dollars. But if a person would like to track his record in gambling, it will be easier if he only bring the same amount of profit when he is about to gamble.

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3meek
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April 20, 2020, 08:41:42 PM
 #140

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?

When betting on sports, you can make notes in the spreadsheet on your computer...  But that's if you're betting on different sites...
If you bet on one site, you can always see your statistics there! Wink
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