Chrystora123
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June 03, 2020, 01:50:07 PM Last edit: June 03, 2020, 03:55:52 PM by Chrystora123 |
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I use Google spreadsheets to track my wins or losses on soccer bets.. snip.. So I stopped tracking and just gamble whenever I feel like. No track of wins or losses!
if you are a dice, crash or spin gambler (Pure gambling games rely on luck) it will hurt your heart if you track every losses and wins you get from gambling.. playing without weights is a wonderful feeling, people who play with weights (because the loss is greater than the win based on the monthly track) will only continue to incur losses.. but, if you are a skill-based gambler (poker & sports betting) then your losing and winning tracking are a good habit, why do you have to track every loss or win in that skill-based gamble, so you can know the flow of funds in and out of you and your able to manage your finances well..
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Natalim
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June 03, 2020, 10:14:49 PM |
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I use Google spreadsheets to track my wins or losses on soccer bets.. snip.. So I stopped tracking and just gamble whenever I feel like. No track of wins or losses!
if you are a dice, crash or spin gambler (Pure gambling games rely on luck) it will hurt your heart if you track every losses and wins you get from gambling.. playing without weights is a wonderful feeling, people who play with weights (because the loss is greater than the win based on the monthly track) will only continue to incur losses.. This kind of games, it's not necessary to track it as you can never be consistent with it, the name it self that it's a luck based games, you'll only win when you are lucky and luck is not consistent in the first place. but, if you are a skill-based gambler (poker & sports betting) then your losing and winning tracking are a good habit, why do you have to track every loss or win in that skill-based gamble, so you can know the flow of funds in and out of you and your able to manage your finances well.. I am only doing for sports betting, it's a long list since there are plenty of games offered in a daily basis, it just stopped when the virus hits the world.
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DarkDays
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June 03, 2020, 10:18:54 PM |
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Whenever I'm playing online poker on something like Pokerstars I'll use a tool known as a HUD (heads up display).
This basically allows me to keep track of opponent hands much better, identify when they bluffed (bluff rate) and other useful metrics for the game. However, it also allows me to keep track of my profit/loss account and EV—even going so far as to break down my wins and losses against particular players, so I can identify whether to play cautiously or just go hard trying to felt the table.
I'm sure similar software exists for other casino games, but if not, it's quite simple to track it in a spreadsheet.
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kawetsriyanto
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June 03, 2020, 10:54:49 PM |
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Don't think you can consistently win in gambling, the fact that you are talking about dice and crash games, these games are just based on pure luck,
I agree that we will never win constantly in dice or crash games. When we are playing luck-based games, it is purely about luck and cannot rely on our skills or specific approaches. In this matter, it doesn't make sense to expect winning regularly for weeks/months through this kind of gambling game. It is true that commonly we tend to get entertainment from the games and not earning money.
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freedomgo
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June 03, 2020, 11:00:25 PM |
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Don't think you can consistently win in gambling, the fact that you are talking about dice and crash games, these games are just based on pure luck,
I agree that we will never win constantly in dice or crash games. When we are playing luck-based games, it is purely about luck and cannot rely on our skills or specific approaches. In this matter, it doesn't make sense to expect winning regularly for weeks/months through this kind of gambling game. It is true that commonly we tend to get entertainment from the games and not earning money. Or maybe it would be helpful if we keep track on our total number of bets, our amount of money spent in gambling, but in terms of winning/losing stats, all is useless, and I don't really think that one has already made successful aiming for long term success in dice or any type of luck based games.
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KTChampions
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June 03, 2020, 11:04:56 PM |
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Whenever I'm playing online poker on something like Pokerstars I'll use a tool known as a HUD (heads up display).
This basically allows me to keep track of opponent hands much better, identify when they bluffed (bluff rate) and other useful metrics for the game. However, it also allows me to keep track of my profit/loss account and EV—even going so far as to break down my wins and losses against particular players, so I can identify whether to play cautiously or just go hard trying to felt the table.
I'm sure similar software exists for other casino games, but if not, it's quite simple to track it in a spreadsheet.
I do not think that such software exists although it is easy to create. In poker, this is a very useful thing that gives a huge advantage to players who do not use similar software. Therefore, these programs exist and they cost normal money. What is the use (and who is willing to pay) of a program that will record statistics of your game of roulette or dice?
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pakhitheboss
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June 03, 2020, 11:10:29 PM |
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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 did used to keep a track but I stopped after consecutive losses in few months. It made me more frustrated that I was before. Actually I generally keep aside a fixed amount every month, which I put it under my personal expenses. I play with that money when ever I am in a mood for some action. I was tracking how much I was spending and whether I am in profit or not but after some time I stopped doing it.
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Questat
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June 03, 2020, 11:13:04 PM |
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I was tracking how much I was spending and whether I am in profit or not but after some time I stopped doing it.
At least you know what's really happening with your journey in gambling, you'll not wake up one day realizing that you have already spent a lot of money and yet you are not getting anything from it. Tracking your gambling activities makes you aware of the current situation, therefore it will help you to make a timely decision as well, if you've seen you lose a lot already, then maybe that would become a factor to make you realize that you are not doing well in gambling.
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chaser15
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June 03, 2020, 11:16:20 PM |
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Or maybe it would be helpful if we keep track on our total number of bets, our amount of money spent in gambling, but in terms of winning/losing stats, all is useless, and I don't really think that one has already made successful aiming for long term success in dice or any type of luck based games.
Correct. Generally, it's really up to gamblers if they want to record or track their respective winning and losing, either gained or lost by gambling on a strategy-based or luck-based games. But for me, if I will consider that, the total amount spend is what just I want to record then deduct the winnings. Sounds hassle even it's simple that's why I never did this tracking my gambling stats. If I want to look at, gambling sites I have a record of my betting history. Maybe that's enough reference to me without doing it manually.
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StephenJH
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June 03, 2020, 11:22:00 PM |
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Don't think you can consistently win in gambling, the fact that you are talking about dice and crash games, these games are just based on pure luck,
I agree that we will never win constantly in dice or crash games. When we are playing luck-based games, it is purely about luck and cannot rely on our skills or specific approaches. In this matter, it doesn't make sense to expect winning regularly for weeks/months through this kind of gambling game. It is true that commonly we tend to get entertainment from the games and not earning money. Or maybe it would be helpful if we keep track on our total number of bets, our amount of money spent in gambling, but in terms of winning/losing stats, all is useless, and I don't really think that one has already made successful aiming for long term success in dice or any type of luck based games. Keeping the logs of all gambling activity is not suitable for everyone and if there is no meaning to know the win/ratio rate then the made points are meaningless too. Aiming to have an edge on gambling is the fool's game on the long term, IMHO. If there was an edge, Einstein shouldn't said those words about the edge in roulette. Almost 80% of the games are based on the luck factor, having a notebook or spreadsheet only will make us sad because of everyone loses in the long run except the house.
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Russlenat
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June 04, 2020, 11:47:20 AM |
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I have never recorded, because for me gambling is a pastime and relaxation method, every time I bet within the range that I can bear, so there is no need to record.
Most of the gamblers are treating gambling as their pastime or a way to entertain themselves, and you are right they don't need to record anything as long as they are responsible enough with the amount they gamble, and it should always be not beyond what they can't afford to lose. But if gambling is regarded as an investment, I think it should be recorded in a table
Sports betting for me could be a form of investing in yourself since it's a game where you can use your skills and when you can use your skills, that means you will not rely on your luck and you can be consistent.
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Btc_1856
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June 04, 2020, 12:01:45 PM |
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I have never recorded, because for me gambling is a pastime and relaxation method, every time I bet within the range that I can bear, so there is no need to record. But if gambling is regarded as an investment, I think it should be recorded in a table
You are right, as long as if we don't cross our limits there is no need for recording, a gambler will not be in his estimation when he is making a profit and this makes them lose their concentration on their recording. A person who has the dedication to making money will always record each and every gamble he does.
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famososMuertos
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June 04, 2020, 03:09:27 PM Last edit: June 04, 2020, 05:23:23 PM by famososMuertos |
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This is undoubtedly one of the best questions that they can ask you or that you should ask yourself, at some point, if you are the one involved with any type of game where you put money at risk.
Usually when it happens in the first way, that someone asks you, it can happen when you have been playing for many years and maybe you have such bad habits that you are at a player level that you use the term entertainment to justify your losses. In fact, you do not need to be asked literally in the offline world, you can read it somewhere, as it may well happen to someone with your post. BTW, what can be common for many players, entering a forum and reading, turns out for many perhaps that it never happens.
But the second case is natural for the vast majority, whatever the situation you come into the game for, if you spend any time playing it, you log it somewhere. Although as we know, it is enough to review the history of the game site and that's it.
I did not start in casinos, although technically yes, I started in the world of online gambling with the game of poker and I started playing on one site and for anthropological reasons of the players the challenge was to start from scratch with the freeroll, really the long way, but it helped me to have control of my banking and this is where "maybe" that education is lacking in other types of games such as dice, roulette and a long etcetera, whether you throw the coin, you have to take some kind of control, even if it is mental, so, that yes you do not take it so seriously, if what you do is click, every night before bed and you play with play money, ok!, but if it is real money, the fun of playing with real money for me is to have control, to know what I do, to know how much I lose, how much I earn, how many hours I play, that is the true entertainment and what leads you to enjoy it.
In poker there is a very good documentation that you can apply to any type of bet and what insurance can lead you to true entertainment. . In my case, I use Holdem manager and reviews the history of the game.
investment? spending hours and hours and not getting ROI in green is undoubtedly a very bad investment, although having fun and enjoying it is undoubtedly a good result, if you have the control.
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hahay
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June 04, 2020, 04:21:39 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Indeed, because tracking gambling will only make you more frustrated and it will make you depressed and of course it will be bad for yourself, so it would be better not to track the results of gambling because even most gamblers get more losses than wins and by therefore in gambling you only need to focus on winning gambling at the same time but indeed, making the spirit to win what has been lost is also good but not all gamblers can do it.
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KTChampions
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June 04, 2020, 09:43:29 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Perhaps I misunderstood you, but I want to clarify - if you do not record, then how do you understand which strategy works and which doesn't? From the point of view of common sense and mathematics, this can only be seen at some distance.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Natalim
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June 04, 2020, 10:17:17 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Perhaps I misunderstood you, but I want to clarify - if you do not record, then how do you understand which strategy works and which doesn't? From the point of view of common sense and mathematics, this can only be seen at some distance. That is correct, because we like to see ourselves to be consistent with that strategy and that we can use it for long term. We can't just say that when we are gambling now and our strategy works, we will conclude that it's gonna work forever, that's wrong, we need to observed it if it would really bring us some consistent win too.
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iTradeChips
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June 05, 2020, 04:24:38 AM |
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In my poker plays I always do the freerolls so that in case I win and earn the tokens then I use it to play carefully in the ones that has payments. I make sure that I take note of my winnings in a spreadsheet and also my losses too. If I lost I make sure that I play so that I can cover my loss in the next plays and compute basically so that I can accumulate as little loss and as many wins and profits as possible.
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█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
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Saint-loup
Legendary
Offline
Activity: 2702
Merit: 2408
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 05, 2020, 05:37:57 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Indeed, because tracking gambling will only make you more frustrated and it will make you depressed and of course it will be bad for yourself, so it would be better not to track the results of gambling because even most gamblers get more losses than wins and by therefore in gambling you only need to focus on winning gambling at the same time but indeed, making the spirit to win what has been lost is also good but not all gamblers can do it. It's true but with cryptos you can't avoid to see your profits and losses since they are written on the blockchain and in your wallet forever. The only way to unsee them is to drop your wallet but it's not recommended.
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finaleshot2016
Legendary
Offline
Activity: 1722
Merit: 1007
Degen in the Space
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June 05, 2020, 06:37:35 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Perhaps I misunderstood you, but I want to clarify - if you do not record, then how do you understand which strategy works and which doesn't? From the point of view of common sense and mathematics, this can only be seen at some distance. That is correct, because we like to see ourselves to be consistent with that strategy and that we can use it for long term. We can't just say that when we are gambling now and our strategy works, we will conclude that it's gonna work forever, that's wrong, we need to observed it if it would really bring us some consistent win too. But what if you're playing on a gambling game that doesn't require strategy? It will be nonsense for tracking your winning and losses on a game like dice because even you check your recent matches, it won't do anything. Instead of learning something, it'll make you upset knowing that you've already acquired a lot of losses. But I agree that observation on your recent matches will help you if the game was strategical.
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famososMuertos
Legendary
Online
Activity: 1834
Merit: 2928
LE ☮︎ Halving es la purga
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 05, 2020, 06:42:31 PM |
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I had to stop it when I noticed that the rate of loosing was kind of much more than the rate of winning, this makes me tense and since there was just a slight change in the record I discarded it because it's not adding to my winning strategy, I think record tracking ain't really important what's important is to know what strategy that is working for you
Indeed, because tracking gambling will only make you more frustrated and it will make you depressed and of course it will be bad for yourself, so it would be better not to track the results of gambling because even most gamblers get more losses than wins and by therefore in gambling you only need to focus on winning gambling at the same time but indeed, making the spirit to win what has been lost is also good but not all gamblers can do it. I think your answers are based only play roll games, machines, dice, etc. Poker is a statistical game and the use of odds, percentage, pot odds, etc., is essential to be a winner. You must know basic data such as ITM, ROI, GDP, BIF, etc. But as with any game, you cannot be far from statistics, mathematics, and knowing how to interpret this information helps you. In any case, so as not to get too far off topic, it's not really about writing down "I started with + $5 and ended with - $ 10." It goes far beyond just track and keep that in mind even if you do it just for fun. Example dice: One of the common mistakes of those who play 0.25x or 0.1x bets is that they will lose less money or win very little. But in reality the first thing you should know is how much is your variance in the game (+/-) that you do, check your notes of how many throws you made the last time you played with variance +, for example it can be 60% if you continue with 0.1x you know that any number greater than that% is a good indication to continue playing. That is, the numbers tell you that you can go out with +$ 6 (stack $10) In reality, Winning players leave nothing to luck, people who want to see results even for entertainment should know some statistics and probabilities. Maybe an expert does not need to write down, but if you are new, start by carrying some kind of statistic.
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