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Author Topic: Do you keep track of your gambling? how?  (Read 2283 times)
freedomgo
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May 05, 2020, 09:50:01 AM
 #181

Participation in gambling  implies full record of my involvement, in particular name of  gambling service, allocation fund, loss, gain, date etc. Even in our digital age, don't discount the importance of paper-based records. So I'm using pad and pencil for all my relevant records.

Wow, that's good, there are only few people who are doing that really, that's why only few people are aware of how much they are losing in gambling.
For me this is not required but if you like to monitor the in and out of your money in gambling, this is a must.
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May 05, 2020, 12:53:59 PM
 #182

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.
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May 05, 2020, 01:06:30 PM
 #183

Keeping it track won't uplift our chances to win but only it gives depression seeing how much we lose.
Surely no correlation between winning and keeping track of our gambling record. Keeping track may be related to how good we manage our money or how bad we wasted money so far. I think we don't need to track our record, what for guys? There is no advantage of applying that way. As you said, it just makes us depressed or regrets about what we have done. Avoid it!!
There is an advantage, you will see it if you really lose more often. I just realized it recently, if you will just take it positively you will also realize that keeping a record of your gambling will help you to limit yourself from doing the same thing every time you gamble. Instead of thinking that this will make you depressed, you can turn this negativity to your advantage.

But if you are more on a losing side, this can even made you depressed and sad. For example i play with less money but never keep track of my losses. Once i tried to calculate my loss for a week and i was sad to know that i lost that much amount of money. I think if you are playing for fun, do not calculate your profits and losses.









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May 05, 2020, 01:42:25 PM
 #184

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

Of course, tracking of your gambling expenses is a quite helpful fo you to determine the income, loss and expenses you have made. And yes, you can say that it will be a headache for those some people in tracking their expenses but actually if they only look on the negative side which is the side where they always lose. But if you look on the positive side of tracking gambling expenses, you will see how much do you lose and how much do you earn and you will come up in a very strategic plan in order to focus more in winning than in losing. Tracking of gambling expenses is helpful.

Keeping it track won't uplift our chances to win but only it gives depression seeing how much we lose.
Surely no correlation between winning and keeping track of our gambling record. Keeping track may be related to how good we manage our money or how bad we wasted money so far. I think we don't need to track our record, what for guys? There is no advantage of applying that way. As you said, it just makes us depressed or regrets about what we have done. Avoid it!!
There is an advantage, you will see it if you really lose more often. I just realized it recently, if you will just take it positively you will also realize that keeping a record of your gambling will help you to limit yourself from doing the same thing every time you gamble. Instead of thinking that this will make you depressed, you can turn this negativity to your advantage.

But if you are more on a losing side, this can even made you depressed and sad. For example i play with less money but never keep track of my losses. Once i tried to calculate my loss for a week and i was sad to know that i lost that much amount of money. I think if you are playing for fun, do not calculate your profits and losses.

Yes. If you do not track you gambling expenses in a long time. You will somehow be streesful in the days where you want to know you lose and you also believe that you always have some small lost because sometimes you win also. In a very long time, when you track of your lose and you'll see that you lost way too much or more than of your earnings.

Gambling isn't only fun for those people who are seriously want to earn. They must strategize in order for them to earn in gambling and cut their chances of always getting lose and drag by the game. And tracking your expenses in gambking is one of that strategic idea.

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May 05, 2020, 02:00:27 PM
 #185

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.
An organized gambler might be doing this without even letting others know. It's just for the record that where he's potentially spending his money or how much he's spending with gambling.
There is a point of doing this for conservative gamblers or just those who want to see how much they are turning in to gambling. I find them organized if somebody do this.

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May 05, 2020, 03:53:25 PM
 #186

Even if we have a record of gambling it is useless because we will regret it because so much has been spent on gambling ~snip
For me personally, recording gambling statistics will only make me feel uncomfortable because gambling has used up some of my money. Tracking these statistics will only make me lazy to bet. Although other people need it, but to me it seems useless. Nothing will increase my chances of winning at all.

I think it is not needed and only rises another burden on our minds.  Grin
Exactly, I will not do it and it will only add to the burden when we want to bet. Too much disappointment, of course.

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May 05, 2020, 07:39:41 PM
 #187

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

On the one hand, you are right. The amount of loss that a person sees before him undoubtedly worsen his mood and poison the pleasure of the game. But on the other hand, this information helps to objectively evaluate the costs of gambling and it is possible to draw some conclusions (refuse games or reduce the amount of money allocated for this entertainment).

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May 05, 2020, 08:23:43 PM
 #188

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

On the one hand, you are right. The amount of loss that a person sees before him undoubtedly worsen his mood and poison the pleasure of the game. But on the other hand, this information helps to objectively evaluate the costs of gambling and it is possible to draw some conclusions (refuse games or reduce the amount of money allocated for this entertainment).
So in most light way possible, what is best for everyone is just to daily track your gambling session if you win or you lose, it will make you feel less bad if you lose in my opinion. However, what you have said might be useful if you are that technical sided kind of person then you should probably track everything you spend so you'll have an idea if you're doing just fine or not. Being organize in gambling is good until something huge rips you off.

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May 06, 2020, 10:41:52 AM
 #189

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

For example, you lose 100 bucks every day. Once a week, you win a couple of hundred. You can assume that the balance of your losses and winnings is approximately the same. However, if you keep statistics, you can see what amounts you lose per month, and so on. This might encourage you to stop gambling.

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May 06, 2020, 11:38:31 AM
 #190

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

The point is you can know how much money you already used for playing gambling. By having the record, you will see that if you used that money for another thing, that would be better than you used for gambling, especially if you used so much money.

Besides that, the benefit is you can learn about controlling yourself, and you can manage the money that you will use in gambling. Perhaps, you can think about limiting the money that you can use in monthly so you can have more money that can you use to buy another thing.

Getting a headache is another effect for people who cannot limit their money, and they always think about how to win much money from gambling. They will regret to see the record if they already lost in big money.

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May 06, 2020, 12:34:24 PM
 #191

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

For people and for me it is as important as we keep a track of our bank accounts and the transactions we monitor it. For people who know value of money or has limited money would like t to manage the money in the best possible way and losing in gambling too much would mean that they are in deep trouble to live their life. This tracking of expenses or money won/lost help them know is it beneficial to either gamble after getting the results or is it worth too loose so much just in gambling. At times this will be an eye opener as well.


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Saint-loup
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May 07, 2020, 10:44:58 PM
 #192

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 can easily track it directly in your wallet.
You just need to put a label on your transactions with some details about them. And then you can compare your inflows and your outflows to check if you are winning or losing money.

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FontSeli
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May 07, 2020, 11:56:19 PM
 #193

I don't see the point of doing it at all why would we keep track of our gambling expenses?
Would it be beneficial to us and how would it help us at all?
The only thing that we would get from doing it is head ache and mostly regrets because of the sum of all the money that we lost so I would never do it.

For people and for me it is as important as we keep a track of our bank accounts and the transactions we monitor it. For people who know value of money or has limited money would like t to manage the money in the best possible way and losing in gambling too much would mean that they are in deep trouble to live their life. This tracking of expenses or money won/lost help them know is it beneficial to either gamble after getting the results or is it worth too loose so much just in gambling. At times this will be an eye opener as well.



Some avid gamblers may specifically refuse to track how much money they lose. For example, not to worry about losing a huge amount of money in a short period of time. Or so that the wife doesn't see such records.

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May 08, 2020, 12:00:04 AM
 #194

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?

Right now I am not doing that since I don't gamble right now that much often. Thanks to the ECQs and lockdowns I can enjoy myself with my family and them stopping myself from gambling online and offline obviously. I did in the past and what I am using is a spreadsheet, when I am not in my house, I do it on my phone and then export it in my laptop.

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May 08, 2020, 12:08:12 PM
 #195

In my perspective it's only a fun way to entertain myself and to lose steam from a stressful day especially these days when im really bored due to the lockdown i keep myself busy with various things such as movies, mobile games and gambling. I dont like doing extra work like having records in my spreadsheet, it will only lead to ovethinking and anxiety perhaps gambling sites could add history of bets made by an individual player to keep track.

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May 08, 2020, 12:25:08 PM
 #196

In my perspective it's only a fun way to entertain myself and to lose steam from a stressful day especially these days when im really bored due to the lockdown i keep myself busy with various things such as movies, mobile games and gambling. I dont like doing extra work like having records in my spreadsheet, it will only lead to ovethinking and anxiety perhaps gambling sites could add history of bets made by an individual player to keep track.
Yes probably that is right because if our purpose is for fun only for sure you spending a little amount of money so there is no need for us to compute in the spreadsheet or anything to see how much we lose and how much we esrn money because once you compute all your money using in gambling and you saw you lose big amount of money you trigger to get back it and high chance for you to to play more and once you play agaib another will risk to your money.
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May 08, 2020, 01:46:28 PM
 #197

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?

Right now I am not doing that since I don't gamble right now that much often. Thanks to the ECQs and lockdowns I can enjoy myself with my family and them stopping myself from gambling online and offline obviously. I did in the past and what I am using is a spreadsheet, when I am not in my house, I do it on my phone and then export it in my laptop.
Keeping track of every bet wouldn't' be good entertainment and I doubt the gamblers will be able to enjoy fully from the game session. Instead of keeping tracks, using the gambling platforms that offer to download the bet history as a CSV form will be an efficient solution to calculate profit/loss.

That is right. It is a bit annoying sometimes since you will be forgetting that and try to remember the bets you did. If you are doing it online there is no problem since there are some gambling sites that show your account's history and you won't bother to write or type them in a spreadsheet.

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May 08, 2020, 03:03:11 PM
 #198

do it by limiting the target that I spend every week that's how I know whether I get a profit or loss, because I do it every week so Monday I see if I withdraw or not, and if I lose I do not add more, that's the rule that I made .

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May 08, 2020, 03:20:21 PM
 #199

do it by limiting the target that I spend every week that's how I know whether I get a profit or loss, because I do it every week so Monday I see if I withdraw or not, and if I lose I do not add more, that's the rule that I made .

Interesting.
And what if you won x2 at Wednesday and then -x3 on Friday?  Smiley
I mean timing with weekly bars it's not the best way.

Also, do you track how many do you withdraw and deposit? Because if I understand right, OP was asking about this.

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May 08, 2020, 07:41:26 PM
 #200

do it by limiting the target that I spend every week that's how I know whether I get a profit or loss, because I do it every week so Monday I see if I withdraw or not, and if I lose I do not add more, that's the rule that I made .
Does that schedule weekly doesn't change if you have made a profit even for the first day of the week?

I think it's unfair for yourself to wait until the end of the week to cash out those profits you have if you can cash out immediately and take it home.

Because if you lose before the end of the week, you have nothing left and just replenish it.


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First Ever⠀⠀⠀───── Powered by: BSC Network
Leverage Driven CLMM + DLMM Model
───▸Dynamic Fee Structure   ───▸Revenue Sharing⠀
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Trade
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Lend
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Swap
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Earn
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⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
WHITELIST ME

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
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