Your betting budget

[paxmao]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

[carlfebz2]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Everything is random because i cant tell neither i do earn more or less on monthly basis and if you do set out fix amount then its neither you would get short or have something more.

As long you dont compromise your priorities then this is what matter most then it should be fine.My budget is mostly 5-10% but its neither on 2 weeks or in a whole month

depending on the schedule i do have because most of the time i do really play in vacant times and now on my working hours.I can afford to lose up on max 10% but not on constant
or consecutive months and adjustments would be surely made.

[Joca97]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Well most of the users just dont have a plan,they save up some money or get a bonus and they like to gamble that away.Reasonable budget for gambling should be 3-5% but still this should be for fun.But most addicted gamblers gamble it all away.This is diffrent from every other gambler.

[Kemarit]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Good question. Personally, I really don't have a budget for gambling, if I saw my favorite player or favorite teams playing and I know that they can pull it off specially if they are the underdogs, I will definitely deposit in the range of at least 1 mBtc-2 mBtc and play with that money and see how it goes. And if I lost that money, then I probably take a rest and wait for another chance to deposit if there are good matches to bet again (again with my fav players and teams).

[agustina2]

There is no specific budget for me as long as I feel to gamble.

I can't even imagine myself setting the right budget everytime I gamble as I'm sure it won't follow properly especially if I'm on a winning or losing streak.

I'd rather focus on maintaining my winning stats compare to thinking of how much should I bet for today, tomorrow, or in the future.

[Lanatsa]

Budget would be random because I do play sometimes and sometimes not so it will determine  on how many times I do play in a week.

Mostly I do spend the most in weekends when I do have much time on playing and its understandable and budget cant really be determined on this one.

[rhomelmabini]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Sound not new to me as I'm doing the same stuff but I guess monthly will be that luxurious in its sense. I think gambling can be 10x lower than what I spend onto investing nor trading, well, gambling was more of the hobby side so I put only 1% to 2% of that on monthly or bi-monthly basis. I'm just a swing gambler in its sense. LOL

I guess I may give advice to lower the percentage of your gambling budget but it's your call if you can afford it to lose or take a chance for a win.

[Darker45]

I don't allocate a certain percentage of my regular income for gambling or fun activities. But I always keep track of my overall spending. I gamble and buy the things that I need. However, if I notice that my expenses are rising in an unusual way, meaning, it is ballooning even if I am not traveling or spending on something which costs a lot, I would reduce spending accordingly. The reduction is mostly focused on the not-so-important things like gambling and unnecessary spending on hobbies.

[Saint-loup]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

So it means you increase your bankroll each month, and it gets bigger and bigger if you don't lose too much? You are not afraid of being robbed by the platform or by a hacker? Personally I monitor the total amount wagered during the month and I try to not exceed few thousands of dollars.

[robelneo]

It's hard to allocate a monthly budget on my part, I may end up losing everything before my monthly allocation so I prefer allocating my gambling budget on a weekly basis and actively playing before the weekend if I get lucky and win I will add my winnings for the next week allocation, I never add more on my gambling allocation, because if I do it will lead to cheating myself and I will likely get hook on gambling.

[qwertyup23]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I would like to commend you for having a detailed plan on your finances. The only struggle with this is being consistent with its execution as there may be cases where you tend to spend more on unexpected circumstances.

As I live in a third world country, every expense is essentially painful. Due to this background as well, I am compelled to limit my actual spendings on my gambling activities since I would literally starve if I exhaust everything. Back when I used to gamble, I only bring $50 with me and that's it. Either I win or lose, I will not spend beyond the budget that I brought.

[cabron]

Since you set aside a budget for your betting, it only means you really plan things, and it would appear like you organized all that you want to do.  Most of the gamblers I met don't do that. Often times they tell me it's just their extra money that they are spending.

I don't plan to gamble, I just do it whenever I feel like but it rarely happens because I only bet nowadays to boxing and MMA.

[Reatim]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have learn my lessons now mate , In the past i deposit almost half of my monthly workpays for gambling and care nothing if this will grow or now but what's important for me is the feeling of gambling.

But now? i only allocate my Signature campaign payment for my weekly activities in gambling , if my capital earns 30-50% then i will take them out and will continue playing , every same percentage will be withdrawn until my capital totally loss or at least when i felt like stopping.
 
in that way sometimes i earn more than 200% of my capital but sometimes end up losing everything for short period of time.

[Rruchi man]

One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month.

It is easier to have a betting budget that you can be disciplined enough stick to when you are not a compulsive gambler, but someone who just gambles for fun. For some others, gambling has become an occupation for them, while others have become addicted and can no longer control or put under the budget an amount for gambling.

Also people are different in nature, some can easily control a habit even if they start, some can decide to just quit a habit they already have, while others even if they start small and under control cannot maintain the control over the habit for a long time.

 So you may see someone who originally had a budget for gambling but he/she no longer does because he can no longer maintain the discipline to gamble responsibly under a budget.

[Zilon]

I plan my gambling budget Every month and set aside 5a% of my income for it's very purpose except on special occasions where I have limited expenses or maybe I had more than my usual salary I might decide to increase my budget. if I draft a budget for gambling i ensure I don't exust all in a single game. I carefully divide my funds and ensure it can serve me throughout the month so I can gamble as often as I want and once it's exusted I wait till the next month

[hahay]

I personally don't have a fixed budget because sometimes, I make low deposits but then I can still continue to bet with that money with the resulting profits. So that way, I personally do not have budget management because usually I will only gamble according to my wishes without any coercion, if a budget is needed every month then it is better for me to leave gambling because then there will be no fun that I can get in gambling.

[Wexnident]

I try to set it to $100 every session, also depends on whether I actually have much money or not, but it tends to roam around there and not exceed $150. Small, yes, but hey I only play to enjoy sometimes, not really to earn hence why I'm pretty satisfied with it. Don't plan to increase it even if I do get some more sources of income since that would just result in me increasing it every time. If I ever win, I tend to use it to fill out the $100, instead of adding it to the original $100 so I can save up more for whatever stuff I actually need, and not for playing. So yep, strictly $100 and I tend to stretch that out for a month if I could.

[Alisha-k]

Gambling has always been and would remain a fun game for so I don't necessarily need to budget for it I gamble after I have made my necessary expenses what ever is left is channeled to gambling still having a little reserve for feeding until I'm able to win a game then the cycle continues although it's not really a difficult task for me because I keep my winnings very achievable there by reducing my greed and quest for fast money

[YOSHIE]

How do you plan your gambling or fun budget?

@paxmao, Of course people's minds are not all the same, they have their own principles and ways of managing a budget, be it in winning gambling or vice versa, what you do is the best for yourself.

Of course, if you talk about the money that is earned in gambling, I play gambling, none of my family knows and I never set aside money from gambling winnings for the needs of my family, Instead I spend gambling money for my own luxuries and for me, I never set aside a percentage for it, it's just, for example: I won $300/20% I left it in the gambling site account, the rest I peeled all for fun.

Of course: other people have different ways of managing money from gambling results.

[Strongkored]

I don't have a specific budget on how much to use for gambling, I will only use the money to gamble if all my main needs have been met for that month and the rest will be used for gambling, but surely there is money use for gamble every month, only the percentage is not always the same will change based on rest money I have.

[traderethereum]

I do not have a specific amount to gamble but that should less than $30 and do not use any percentage because I already set a range of the amount of the money to gamble.
That amount can change, especially if I still have some money in my account to not have to deposit more just to gamble.
Sometimes, I do not gamble in a week but on the other days, I can gamble 2-3 times a week and that is okay for me.
We need to manage our money and know how much money we will use to gamble because that can disturb our daily needs.

[gabbie2010]

I always reserve some certain amount of money monthly for betting budgeted from my monthly expences which would not affect my livelihhod ,of course I only gamble with small percent of the amount i.e the amount of money I can afford to lose, I only involve in soccer bettings thus I have the opportunity to play parley or accumulate my odds betting with a small amount of money in a bid to win big, I strictly followed my budget with discipline to avoid being addicted to betting after a losing streak I wil wait till the next month and start all over I play betting for fun as a soccer fan I can easily predict matches.

[Oshosondy]

...

Some gamblers like to be in control of their budget but gambling can disrupt that for them during addiction, that is why it is not good to be addicted to gambling. Reading the OP, I noticed you are not a gambling addict, this makes you to be in control of your weekly/monthly income, I too is just like that. Although, I was an addict before, but bygone now.

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month.

Why? You did not mention in amount but in percentage. If you are collecting $100, you use 5% to gamble monthly, that is $5. But if you see $1000 as a surprise in another month, you still use 5% to gamble, that is $50. So if your weekly/monthly income increased, the money you use to gamble will also still increase. I do not think any increment is necessary or maybe this is what you meant.

How do you plan your gambling or fun budget?

I prefer to use 2% to 5%, it depends on the weekly income. If the income is very high, I use 2% but if the income is low, I use 5% in such a way almost the same amount is used to gamble. I do not increase my gambling amount like that as it is not necessary.

[Peanutswar]

I'm just trying to play gambling with an extra amount of money that I'm willing to spend all day long just to play gambling. I just have a 5k USD to enjoy my leisure time, quite a small amount to others but it's the only one I can afford. When I think I already lose a lot of games I tried to stop in a meantime it's too hard to play when exhausted. Sometimes I didn't lose all those pocket money, when I have a good day and winning already still I limit my self, I just seek fun and entertain myself and not just having a whole day and make gambling a job. Always gambling responsibly.

[kotajikikox]

If you are already a Knowledgeable Gambler then you can easily answer this because you knew how to evaluate your gambling activities and your gambling expenses .

For me i only Budgeting myself at least 100-300$ per month depend on my Salary and depend on my Mood when playing .

I know only Play at least once or twice a week unless i have no plenty of time to spend.

[poldanmig]

so far I only spend about $ 20 / week or about $ 80 per month to do gambling and usually I put that budget aside from my salary so far, and if I win at gambling I usually use the profits back for games so that I no longer need to set aside money from my salary in the future, gambling games in my opinion are only limited to mere pleasure but still we must be able to manage the financial situation so as not to experience a crisis in the end.

[Yaunfitda]

Same as others, no budget whatsoever, I just play money that I can afford to lose simply as that. Maybe for some who are really addicted, maybe their whole salary or paycheck, or there could be signature participants who spend their weekly pay on gambling/sports betting. But for me not the case, if I feel that I wanted to gamble, probably just a few satoshi's to bet let's say NBA games to make it more exciting watching the game with some friends.

[bakasabo]

When dogecoin was cheap, my usual bet was 1 dogecoin. I dont gamble to win, I just gamble to get emotions. Playing with play money does not give it, but loosing $5-20 in "cheap dogecoin" on a weekend game session in slots was a real joy for me.

Previously, I have had tokens on Betfury.io that gave me around $1-1.5 daily through staking. That was enough to play for on Friday evening for half an hour. I would say that my betting budget is <$20 weekly. But I must add that I dont gamble regularly.

[cryptomaniac_xxx]

On my part, I usually gamble like $10-$20 on slots machines. But on sport bet, it's usually $10 or less per match depending on the game and players or teams involved. So no fixed budget, there will be time that I wouldn't bet on a week or two, and then goes on a weekend bet sparingly. So I guess it's different for every gamblers here, still based on their preference on what game they choose, i.e. slots, card games, dice, and sports betting.

[blockman]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

How I wish that I can still manage to set aside that percentage just for my own leisure and wants. But to have around 3%-5% for your gambling activity is already a good portion of your whole income. As for my gambling budgeting, I only gamble if it's necessary or I just find myself lonely and I have to gamble. I don't have that much budget on it right now as I'm coping up with some expenses but usually it ain't that much if I want to gamble it's just ranging around $20-$50 if I'm on the right mood to gamble.

[Oasisman]

Gambling budget could be the most challenging part for the regular gamblers. Although, one of the safest way is to set aside a certain percentage of your income, but sometimes you'll get hooked up that your forget you're exceeding your budget limit already.
So, I guess it would be safe to say that gambling budget should always come after you have bought and pay all your necessities/groceries, bills, and mortgage, and other necessary financial responsibilities.

 

[Saint-loup]

Gambling budget could be the most challenging part for the regular gamblers. Although, one of the safest way is to set aside a certain percentage of your income, but sometimes you'll get hooked up that your forget you're exceeding your budget limit already.
So, I guess it would be safe to say that gambling budget should always come after you have bought and pay all your necessities/groceries, bills, and mortgage, and other necessary financial responsibilities.

Another time, could you stop spamming bro. The question is clear "How do you plan your gambling or fun budget?" and the title of the topic too "Your betting budget". Everyone has explained how they are doing themselves except you. If you don't want to reply to the question, don't (shit)post here because you're Off-Topic.

[Dread Pirate Roberts]

although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I use my extra income from my website and actually had no really specific plan for it, and as gamblers should know the limits, I myself still firmly hold my principles in gambling and for fun, but everyone has their own digits which they consider fine for gambling. some people tought hundred its fine some people are thousand its fine, everybody had different limit.

[lucifur]

I don't really have a budget when I play but my wallet usually has 20$-$50 when I decide to play. I guess you can call that as a budget but I do not gamble that much unlike you guys do. I rarely have any spare money so usually I only play 1-3x in a month.

[madnessteat]

My gambling budget depends on how many times a month I visit an online casino. For me, it is enough to visit a gambling site once or twice a month, but sometimes it happens that I just do not manage to visit it. The main restriction that I set for myself is a deposit of no more than $100.

[Tessnik]

I only budget my leftover for gambling and will never touch my savings or income for gambling as I only gamble for fun and nothing more, I guess those addicted to gambling are the only ones willing to spend extra money such as salary and even loans to gamble but every responsible gambler have a set target amount for gambling and will never go out that amount on gambling.

[Smartprofit]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have only partial control over my finances.  I keep records of my income, but I do not keep records of my expenses. 

I have a special program on my smartphone to control cash receipts.  The same program is installed on the laptop.  They are synchronized with each other. 

I try to maximize my income. 

How much money do I spend on gambling?  I dont know! 

When I gamble, I usually drink alcoholic beverages.  I'm having fun. 

There is no mood to control your expenses.

[ultrloa]

a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Don't have any exact figures since I don't like to calculate my capital and loss since its really depressing to see how big the amount we are dealing  with casinos that's why I forget about it since the amount I only bet is just a few bucks and it will not exceed in hundreds if I'm playing on dice,cards and slots. But if I do sports betting then I can exceed at hundred bucks above in a single bet since I always love to bet on sports rather than spending on other games since for me its really not a good decision to make.

[KTChampions]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I live in a backward country, so on the one hand, I have to save a lot, even if I have a certain freedom in money, but in fact I don't do it. I believe that the positive emotions received here and now is undoubtedly a profitable investment than a ghostly profit from money set aside for the future. Naturally I'm talking about family fun, not personal. I spend a small percentage of money from signature campaigns or other unplanned income on personal entertainment.

[electronicash]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I live in a backward country, so on the one hand, I have to save a lot, even if I have a certain freedom in money, but in fact I don't do it. I believe that the positive emotions received here and now is undoubtedly a profitable investment than a ghostly profit from money set aside for the future. Naturally I'm talking about family fun, not personal. I spend a small percentage of money from signature campaigns or other unplanned income on personal entertainment.

saving a lot myself as well. the only i would gamble are the ones i earn here in the forum. i rarely bet $50 for a match that i think i will win like the fight of connor and poirer and i lose. if i have to spend my money from the income i get from my job, its usually for my kids and my bills.  there is nothing to spend unless my friends come and spend for me and drink beer which i'm already ashamed they are the ones buying my beer.

i don't budget for my gambling because i don't spend a lot. can't remember i spend $100 but that was the time BTC goes $20k for the first time.

[Cling18]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets, and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I believe that proper budgeting is a form of self-discipline for us to know how to spend our finances appropriately. I usually allocate 5% of my salary for my salary for gambling and I try my best not to exceed. Self-control is really important when it comes to spending money on gambling because being unable to control yourself would only lead to gambling addiction. So far, 5% is already enough and that became my routine.

[Fesatmas]

Not much different from what you budget for gambling, I also have some fairly regular arrangements that set aside almost 10% of my monthly income. and it will be routine when I have a satisfactory income at the end of the month. however as we all know, recent earnings, are not very erratic and it has also
changed the budget system for gambling for me personally. where I have to reduce the original 10% per month, now it's only around 3-6% and that's something I have to prioritize. because after all the needs out there are often urgent for us to take.

this depends on the conditions of adequate needs and a relative income level of at least 80% per month.

[LUCKMCFLY]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

The way he handles finances are spectacular, when a salary is paid, it is always good to plan when living in a country with a really stable economy, in my case the administration changes a bit for the economic system to be unstable with great rampant inflation, I think that in my case for the game I would allocate only 1% maximum 1.5%, it is really the most important thing to try to allocate something for fun, for many the fun does not see it as something that is needed, but really so much for health mental and physical is needed.

[$crypto$]

I always set aside my opinion to gamble but no more than 5% and after payment from my signature I always set aside 15% meaning that in my money allocation this is not too big and 20% of the total for me is enough to bet on games that I like that usually there is no swelling if it is controlled and I can do whatever I like for shopping and other purposes.

Sometimes the swelling is always there but I can no longer do the things that are needed and usually this will be a bet for the next month to be reduced so every month I always check the overall bookkeeping in this gambling history.

[imstillthebest]

why allocate money for the things that you dont need? why not buy inexpensive things but books are important because you can gain knowledge from it .
you should not budget your self for that and gambling can be essential too in life because we can feel relax and enjoy when we play gambling.  3 to 5 % percent per month in gambling is small but you can try increasing that.

[batako]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I do gambling only when I have spare money and it wont exceed $100. Fortunately, I can control myself not to gamble when I'm in a tight financial situation. I wouldn't force myself to gamble during tough times because that can make it more complicated.

[ShowOff]

Although so far I can control the use of money on gambling less than before but I still quite often spend 10% or more of my monthly income. Actually it really depend on the desire and the amount of free time throughout the weekend which I usually fill with relaxing a bit. I never specifically check how much I spend each month, but an average of 5-10% seem to be the amount I still spend most month gambling and having fun with friends and family.

By the way, I gamble more at night than during the day. I feel more relaxed at night and I still do it almost every weekend. Do you guys have the same habit?

[milewilda]

It's hard to allocate a monthly budget on my part, I may end up losing everything before my monthly allocation so I prefer allocating my gambling budget on a weekly basis and actively playing before the weekend if I get lucky and win I will add my winnings for the next week allocation, I never add more on my gambling allocation, because if I do it will lead to cheating myself and I will likely get hook on gambling.

You can still lose that monthly earnings if you do still spent on weekly basis so it doesnt matter as long you do have money to spent then everything would really be at risk on losing it all.

Betting budget is something to be random because we can play everytime if we want to and if we do have money to spend then we would definitely be tending to gamble next.

Budget or money allocation is depending on you and on my part i cant risk more than $100 on my monthly budget.

[abel1337]

Honestly, when I was a gambling addict before, The budget doesn't matter and I will always gamble if there is available money to play. Yeah, it's very hard that time and I know that my action is wrong but today I removed my gambling addiction but still play gambling. I always allocate a certain amount in a single gambling session that is occurring 1-2 times a week depending on the mood I have. I don't go past my limits or break my rules. If I lose my allocated capital for that day, I will stop and not look back for my losses. Also, my gambling budget is quite small, Most of the time I am allocating myself $15 for each gambling session I do.

[ralle14]

I have no specific budget but on a monthly basis I spend around $100-$200 sometimes more if there's a good promotion where I could get more profit just by increasing my bet size. Back then I used to have a smaller budget when most casinos had lower minimums due to the bitcoin price.

By the way, I gamble more at night than during the day. I feel more relaxed at night and I still do it almost every weekend. Do you guys have the same habit?

I gamble during the night as well but it's only because most of the sports I bet on is scheduled to kickoff during the night.

[just_Alice]

That's what I call financial awareness, very nice. I have a similar system, I always track my income and expenditures. I don't have the exact column for "gambling", and I don't calculate the exact % of the income I will spend on it, but I always have some residual money, which I spend on "fun". On average, I think that's also about 10% of my income. Sometimes it can be gambling, sometimes traveling, or hanging out with friends, but I never spend on gambling with resulting lack of money.

[alegotardo]

I spend about 20% of what I earn on my gambling subscription campaigns.

If I'm lucky (or able) to win well in one month, I usually bet less in the following weeks or months, becaus I use the value of my achievements to bet again.
I never had the intention of making money with gambling, and I also only bet on what I like (usually football games), so I always reverse what I earn in new bets to reduce my spending on games and save more bitcoins from campaigns of subscriptions.

[mu_enrico]

For gamblers, it would be best if you have two accounts: a primary account for daily needs and a secondary account for entertainment. You can control the secondary wallet, but someone you trust, e.g., your wife, should control the primary wallet. You can allocate like 10%-20% from your monthly income into your entertainment wallet. Sometimes, you can build your wallet balance from winnings so you can have more money in the next playing session. Sometimes my deposit can worth 100% of my income, but it doesn't mean all of my paycheck for that month went to the casino. You don't have to worry about becoming homeless if you use this method, and you won't have the hassle of keeping records.

[MAAManda]

I don't have a percentage that I spend on gambling, for me gambling is fun, and when I want to have fun I always gamble.

But unlike most people I see, I always make a fairly small but regular deposit (when I want to have fun).

Btw, lately I like to play on Rollbit in Their X-Roulette game, with my small deposit I can multiply it up to 1000x

[palle11]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Such percentage is still on the high side except you are an addict. Keeping it low around 1 to 3 percentage is rather better but it shouldn't go pass that. You said you may add more if your income is higher, this can lure you to keeping betting if you are losing. To be a better gambler is to be discipline on it.

[Fredomago]

That's what I call financial awareness, very nice. I have a similar system, I always track my income and expenditures. I don't have the exact column for "gambling", and I don't calculate the exact % of the income I will spend on it, but I always have some residual money, which I spend on "fun". On average, I think that's also about 10% of my income. Sometimes it can be gambling, sometimes traveling, or hanging out with friends, but I never spend on gambling with resulting lack of money.

Having that residual money and use it for pleasing your desire, fair enough just the if you use it to watch movies or drink out with your friends.

I usually use spare money from my campaign, though not really into gambling anymore just some bets for NBA as it's really adding  fun and enjoyment when you watch the game and knows that you have some bet for the team you love.

[Fatunad]

For leisure time then i dont spend up too much because when i do only have extra money to spend then thats the time i do consider on doing gambling.
Money spent or used will vary or depend on my mood and my emotion because sometimes im way too impulsive and sometimes i do really have that control.
Its true that budget will really be different just like what others said because we do have different capacity in terms of finances or money to spent.
Some are mindful on their money and some doesnt really care.

[Renampun]

...

This pandemic requires us to minimize spending and I do that by using only a small amount of money to bet...

if I bet football I don't limit the number of times I have to bet on my favorite team I just always limit it to no more than $ 75 of my capital/month. I have a family and I really need to save on that.

[johhnyUA]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have a fixed price - it's is 100 dollars per month. Despite i like poker most of all, because i have now a lot of work and not so much time, i'm spending it mostly betting. It wise nice with euro 2020, where i've won a lot of money with my correct bets.

Percent of income it's not so good for me, mostly because of the fact that it will be a little bigger than my fixed budget 

[DoublerHunter]

~snip~
 For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

^ This is a very reasonable amount to gamble, I even gamble more than this maybe sometimes it is 10% and it depends if I like the games. Because sometimes when there is a game that gives me more entertain me well. I spent a lot on it my money especially if this is something new for me. There is nothing wrong with spending even 30% of your monthly income sometimes if this amount is the amount that you can afford to gamble. For me, it is like a gift to myself when I enjoyed it so much no matter how much I spend money.

[Yamifoud]

~snip~
 For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

^ This is a very reasonable amount to gamble, I even gamble more than this maybe sometimes it is 10% and it depends if I like the games. Because sometimes when there is a game that gives me more entertain me well. I spent a lot on it my money especially if this is something new for me. There is nothing wrong with spending even 30% of your monthly income sometimes if this amount is the amount that you can afford to gamble. For me, it is like a gift to myself when I enjoyed it so much no matter how much I spend money.

I would go for the net monthly income, that's after your expenses like loans, utility bills, your credit cards and etc.. What the net income, that should be the basis, but then, that's just for me as I am more careful in managing my funds especially this time that we are in a pandemic.

[FatFork]

Most of us have a budget for entertainment, and gambling is no different. Of course it's not fun to think about money management, but setting and sticking to a gambling budget is a must. We all need to decide what we can afford to lose before we start playing. If you can't afford to lose, then don't gamble.

My personal gambling budget depends entirely on my mood and my goal. Setting a high goal helps me accomplish what I want, but I also need to be mindful that I have a family to provide for and I cannot gamble away more than I earn.

[passwordnow]

After separating my expenses, the important ones. I have myself around 5%-10% from the total budget that I've got but I won't how much is that. And if luckily there is some amount that's spared with that percentage, I can have myself around 1%-2% of that cut and it's not that much compared to those gamblers that have made huge with gambling and are now allocating bigger budget and cut for their continuous activity because they've been lucky on it. That's how it goes, once you go lucky, you'll think that you'll still be within the next tries.

[crzy]

I can only afford to gamble $100 below for a month and this is already enough for me to have fund, sometimes I was able to earn money but most of the time I lose it but that's ok because that is already budgeted and the purpose of that money is for gambling only. Having you budget can help you decide on whether to continue gambling or not, but if you do go beyond that despite of having a hard time with your finances, then I can say that its addiction and you should ask for a help as soon as possible.

[Shasha80]

I can only afford to gamble $100 below for a month and this is already enough for me to have fund, sometimes I was able to earn money but most of the time I lose it but that's ok because that is already budgeted and the purpose of that money is for gambling only. Having you budget can help you decide on whether to continue gambling or not, but if you do go beyond that despite of having a hard time with your finances, then I can say that its addiction and you should ask for a help as soon as possible.

It turns out that we have the same amount of budget for gambling, I also provide $100 for gambling capital for one month. I did provide the $100
from the rest of my income for a month, if it turns out that in a month I have an urgent need, sometimes I reduce my gambling budget. Because
for me, gambling is only for entertainment, not an activity that must be done. So I also only play gambling on weekends, where I have a lot of
free time. By limiting my gambling budget, it prevented me from becoming addicted to gambling. If in two weeks my budget runs out,
then I will stop gambling and wait until the beginning of the month again.

[smyslov]

Betting allocation is very important if you don't have this, you are going to lose control of your betting the key element on betting allocation is moderation you have to be moderate on your gambling time and money that allocate and on your money that you can lose, stay within your budget, I', also doing this and it all depends on the money coming in, I'm not adding more that I can't afford.

[famososMuertos]

First of all, I manage my poker bankroll for a long time independent of my formal income, it is self-managed.

In the case of crypto casinos, it is fascinating how you can dilute between 8 decimal places to efficiently manage your banking or how you distribute your ammunition (bet).

That is the difference, the big difference, 8 decimals vs 2 decimals(Fiat), it is not the same to make minimum bets of $ 0.01 with $ 100 to having the possibility of diluting those $100 in 8 decimal.

I sometimes make bets of $5, $1 but the average after a year of growth in what I call traditional games is around $ 0.1 to $ 0.001 but in my beginnings I started with 0.00000001 or what I proclaimed as my right to bet 1 satoshi.

The point of all the above is that over time you should not, no, you should not take external money or designate money from your formal income for your bets, over time you must learn to self-manage your income and start building a bankroll that allows you to sustain losses and even use that money for deposits in other casinos or even take the opposite direction that you propose, 5% for candies.

Be careful, all this at a recreational level, self-management, that is the famous bankroll, the less times you take money out of your personal budget for your bets, you are achieving the goal of winning.

That is why crypto bets are great to make your money work, patience, not everyone is entertained by betting $ 0.001 but if they are excited by $ 1 and here the other key, because it is not 3%, 5% of your budget, the size of your bet must be well defined because it is intrinsic in that "real" percentage that you assign to start building your bankroll.

The assignments of 3%, 5% can be a placebo effect that leads to losses in your budget.

It is really something very individual to determine what % to use in a "beginning" but the important thing to know is that you cannot be assigning amounts monthly unless you are a professional player, so it is the opposite.

[hahay]

Betting allocation is very important if you don't have this, you are going to lose control of your betting the key element on betting allocation is moderation you have to be moderate on your gambling time and money that allocate and on your money that you can lose, stay within your budget, I', also doing this and it all depends on the money coming in, I'm not adding more that I can't afford.

I also do that but I really don't have a definite budget of how much money to deposit, but even though I don't have management I remain disciplined if the deposit money runs out quickly then I don't make deposits again. Usually I will make another deposit on another occasion but more often than not I will just continue to play the initial deposit that has not been used up, because I try hard to continue to make a profit then it will also be good for us not to always make repeated deposits.

[swogerino]

In order to have fun while gambling the first thing to do is limiting our daily,weekly or monthly budget for it and never crossing the line (depositing more to play more).I personally use a monthly bankroll and even if I lose it in a day I stay true to it and don't play until next month,this happens rarely when I play slot machines but when I play sport betting I usually make it to the end of month by betting small increments everyday in sport betting.In the end it all comes to how disciplined you are at managing your finances,there is no exact formula to this.

[Tumanggor]

Setting a budget for gambling is important because we don't know what difficulties will befall us
don't use all your salary and savings even borrow money just to gamble, it will kill you slowly

I only allocate 30% of my monthly salary to play gambling (slots, dice, lottery and betting)
I mostly avoid borrowing money to gamble because I will have difficulty with the installment payments

[dothebeats]

I don't really gamble that hard, only just to kill time and entertain myself for a bit. The max I can give myself to gamble is $100 every month, and that's just it. I only ever play dice and bet occasionally on sports that I really follow and big events on eSports that only happen every few months. So far I'm not really regretting anything that I'm spending on dice since it's a negligible amount from what I earn, and I make sure that I don't go over my allotted budget for the month. $20 per weekend on dice is already enough to keep me entertained for an hour or two, and afterwards I just go with my day as a normal person.

[Tessnik]

Am not a gambling fan so any time I gamble I just do it for fun, and I can only spend my leftover to gamble but can not budget any percentage of my salary to gamble.

[KTChampions]

In order to have fun while gambling the first thing to do is limiting our daily,weekly or monthly budget for it and never crossing the line (depositing more to play more).I personally use a monthly bankroll and even if I lose it in a day I stay true to it and don't play until next month,this happens rarely when I play slot machines but when I play sport betting I usually make it to the end of month by betting small increments everyday in sport betting.In the end it all comes to how disciplined you are at managing your finances,there is no exact formula to this.

Great way! Apparently you are a very disciplined person, once you can endure a month if you lost gambling budget in one day. By the way, how do you manage your winnings? For example, if you won $ 300, can you continue to play on them or are they also limited to $ 100 (for convenience, I assumed that the budget is $ 100)?

[peter0425]

I am allowed by My Wife to spare or risk all the funds i earn from my Bounty payments here and even those Airdrop that i joined .

So basically i have at least 60$ or more budget per week and if lucky i can use more than 300$ per gaming and that is enough if i want to completely enjoy my gaming.

But of course since i already completed to maintain my gambling addiction years ago? now i only play at least once a month.

[Saisher]

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

[carlisle1]

In order to have fun while gambling the first thing to do is limiting our daily, weekly or monthly budget for it and never crossing the line (depositing more to play more).I personally use a monthly bankroll and even if I lose it in a day I stay true to it and don't play until next month, this happens rarely when I play slot machines but when I play sport betting I usually make it to the end of month by betting small increments everyday in sport betting. In the end it all comes to how disciplined you are at managing your finances, there is no exact formula to this.

It's tough but if you can managed doing it then the chance of losing more money and getting addicted is not possible to happened,

Gambling is more enjoyable if you see the entertainment part alone and you are not after those huge amount that you need to keep on chasing when
you start your betting  journey,

Setting your limitations and stick with it, you'll see yourself more been entertained and no harm will take effect that much.

[Luzin]

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

Emotional control of the soul is very difficult. Almost similar to trading. We must have good management and control of emotions. If not then all you have can run out. I've played on one site even I can make my money twice as much. But the next day because I didn't have good fund management and emotional control my money ran out. But I have no regrets and some days I visited several sites to play with cold funds.

[Questat]

In order to have fun while gambling the first thing to do is limiting our daily, weekly or monthly budget for it and never crossing the line (depositing more to play more).I personally use a monthly bankroll and even if I lose it in a day I stay true to it and don't play until next month, this happens rarely when I play slot machines but when I play sport betting I usually make it to the end of month by betting small increments everyday in sport betting. In the end it all comes to how disciplined you are at managing your finances, there is no exact formula to this.

It's tough but if you can managed doing it then the chance of losing more money and getting addicted is not possible to happened,

Gambling is more enjoyable if you see the entertainment part alone and you are not after those huge amount that you need to keep on chasing when
you start your betting  journey,

Setting your limitations and stick with it, you'll see yourself more been entertained and no harm will take effect that much.

it starts with yourself being responsible, if you cannot be responsible with a small amount then you'll surely lose control and might risk the money that you cannot afford anymore. Have you heard of people who borrowed money just to gamble, I call them desperate already and they are putting themselves into big trouble, let us not reach to that level, be in control all the time and stick with the budget.

[AverageGlabella]

I set aside $100 and usually collect the offers gambling sites do to maximize my earning potential. I do know people who spend over 50% of their wage gambling though. Remember that when it comes to getting mortgages gambling will go against your application so you have to make sure its controlled otherwise you could be rejected. Not just mortgages but it will affect your chance of getting any funding or loans if you require them for education etc.

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

Emotional control of the soul is very difficult. Almost similar to trading. We must have good management and control of emotions. If not then all you have can run out. I've played on one site even I can make my money twice as much. But the next day because I didn't have good fund management and emotional control my money ran out. But I have no regrets and some days I visited several sites to play with cold funds.

Its the same as trading except I would say its easier to get carried away with gambling imo since when you win you tend to win big where trading is usually a little more less lucrative.

[aioc]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Allocating is a big challenge just lucky I have a family to look after my allocation and see to it that I follow my allocation, I'm happy with that setup at least I am not going within my boundary, gamblers should set up a budget that they can follow or a family that can help them follow the allocation, it's all about knowing your limitation and not crossing your bondary.

[AverageGlabella]

Allocating is a big challenge just lucky I have a family to look after my allocation and see to it that I follow my allocation, I'm happy with that setup at least I am not going within my boundary, gamblers should set up a budget that they can follow or a family that can help them follow the allocation, it's all about knowing your limitation and not crossing your bondary.

I am not sure if I'm understanding you but your family gave you an allowance and you use that for gambling? Do they know that you are using it for gambling? If my family were giving me an allowance I would assume it would probably be for education or getting an house not for gambling.

[Beparanf]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Allocating is a big challenge just lucky I have a family to look after my allocation and see to it that I follow my allocation, I'm happy with that setup at least I am not going within my boundary, gamblers should set up a budget that they can follow or a family that can help them follow the allocation, it's all about knowing your limitation and not crossing your bondary.

Wait a minute? You are letting your family budget your finance? How old are you dude? Are still a student? In adult life, There is no such thing as family control your finances unless you have a dominant wife that controls you but you not rely to others for your financial management. You should do it by yourself, self control and discipline is the key to become successful on this aspect of life because if you are fully depending to others that will limit you then what will gonna happened if they are gone and you live independently?

[Xinarae*]

Just as you have probably budgeted for all the other money in your life, you need to budget in the same way for casino gaming for any kind of entertainment. The wise idea of ​​taking some time to sit and get out is how comfortable you can spend each week or month so that you don’t spend extra money or accidentally cut money which means spending it on something else. Remember that there is always a chance that you may lose money deposited in any online casino to play with so budget only for the amount you know you are comfortable losing.

[Peanutswar]

Allocating is a big challenge just lucky I have a family to look after my allocation and see to it that I follow my allocation, I'm happy with that setup at least I am not going within my boundary, gamblers should set up a budget that they can follow or a family that can help them follow the allocation, it's all about knowing your limitation and not crossing your bondary.

I am not sure if I'm understanding you but your family gave you an allowance and you use that for gambling? Do they know that you are using it for gambling? If my family were giving me an allowance I would assume it would probably be for education or getting an house not for gambling.

I guess he/she having risk management when playing gambling, it depends on the player how they handle their money to gamble if you win it's just okay because you double up your money but if not its better to have good money management, also a good idea too telling to your family because sometimes we are having a bad time in gambling and its too hard to them to identify and comfort you why sometimes we got mad by that they have a responsible response.

[suzanne5223]

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

Emotional control of the soul is very difficult. Almost similar to trading. We must have good management and control of emotions. If not then all you have can run out. I've played on one site even I can make my money twice as much. But the next day because I didn't have good fund management and emotional control my money ran out. But I have no regrets and some days I visited several sites to play with cold funds.

Yes, emotional control of the soul is difficult but can still be control when it comes to gambling and before anyone can be good in funds management in gambling and emotion control such gambler need to fully understand the major concept of gambling and can follow the steps of gambling profitably because nothing is promised in gambling.

[iv4n]

I don't have a gambling budget! I know how much money I have and how much I can deposit for gambling purposes! The most important is the old saying "never gamble with more than you can afford to lose"! So when I deposit it's my gambling bankroll, and I can lose all in trying to make more and it would be fine! I will try next time! That next time can come sooner or later, but again I will deposit what I can afford to lose...
Gambling is entertainment and fun! If you have some money you can decide to go to a restaurant and spend all your money there... you will pay for food and drinks, you will have fun... and it's the same thing as with gambling, don't order expensive drinks and food if you don't have money to pay for it! Excessive enjoying in exclusive things cost a lot of money! It's the same when you are going to a casino, you spend money for fun and entertainment... with one little difference, you can actually win money..

So, just take care of how much you can spend without regretting doing that and you will be happy and fine for life!

[arwin100]

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

Emotional control of the soul is very difficult. Almost similar to trading. We must have good management and control of emotions. If not then all you have can run out. I've played on one site even I can make my money twice as much. But the next day because I didn't have good fund management and emotional control my money ran out. But I have no regrets and some days I visited several sites to play with cold funds.

Yes, emotional control of the soul is difficult but can still be control when it comes to gambling and before anyone can be good in funds management in gambling and emotion control such gambler need to fully understand the major concept of gambling and can follow the steps of gambling profitably because nothing is promised in gambling.

One of the method is quite effective to do is to deposit only the amount we want to use for gambling and never deposit any extra or bigger the amount we can afford to lose since this could start the  dilemma for us since once we are losing we choose to gamble more to think that we can recover our money, and by having fix amount we can control ourselves not to get hook to much or try to bet more if our balance already gone in the day. Although there's no promise to earn in gambling  still its good to see that we are winning but we really need proper discipline so that we can possibly take home some cash if we win.

[traderethereum]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Allocating is a big challenge just lucky I have a family to look after my allocation and see to it that I follow my allocation, I'm happy with that setup at least I am not going within my boundary, gamblers should set up a budget that they can follow or a family that can help them follow the allocation, it's all about knowing your limitation and not crossing your bondary.

Maybe learning about allocating some money every month will allow you to play gambling without disturbing the other things.
I really hope that your family can remind you to reduce the money you use in gambling because I am worried that you can someday break your limit.
Besides that, we never know how long we can control ourselves, especially if we win in the gambling games.
But if you always can control your emotion in gambling and know your limit, maybe that will be fine if you allocate some money to playing gambling.

[johhnyUA]

I don't have a gambling budget! I know how much money I have and how much I can deposit for gambling purposes!

Isn't it the same things? The term of "budget" means some part of your money that you can spend on something (like gambling, shopping etc). So you know how much you have, and what part you can spend - this is the budget term
You sounds like "I don't have a budget, but i have a budget" 

[zanezane]

Just as you have probably budgeted for all the other money in your life, you need to budget in the same way for casino gaming for any kind of entertainment. The wise idea of ​​taking some time to sit and get out is how comfortable you can spend each week or month so that you don’t spend extra money or accidentally cut money which means spending it on something else. Remember that there is always a chance that you may lose money deposited in any online casino to play with so budget only for the amount you know you are comfortable losing.

I admire the people that can budget their money when it comes to gambling and stop altogether when the budget for the day or the week was already spent. I have a hard time doing that but it's not bad at all that I don't have a budget since I sometimes win something big and when I do, I immediately quit playing to enjoy my wins.

[pawanjain]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

3% - 5% sounds like a decent amount of money for gambling. I guess you are already good at having a control on your finances.
It's actually good to have a tight budget for everything except investments. I read somewhere where they said we should invest lavishly and spend expenses like a beggar.
I do occasional gambling which means I gamble only when I have enough money to lose.
Now everyone would be like we never have enough money to lose but that's where the 'financial control' plays a major role.
Instead of gambling with what we have and then depositing more to gamble we should already allocate a tight budget for gambling and not deposit more than that.
I deposit this amount only when I have enough budget for gambling.

[acener]

My betting budget would depend on how much money I have left after prioritizing my family needs and also my plans on my excess money.
If I have plans to buy something I would surely spend little amount on the things that isn't necessary to me and my family.
So to be clear my betting budget or gambling budget is random depending on the situation.

[AhmadM]

How do you plan your gambling or fun budget?

Having such detailed budgets for purposes of gambling is a good way to prevent someone lost control or overspend on it, everyone has each plan on how much money they are able to spend in a casino. As for me, I don't have such detailed plans as you mostly just random amounts around $50 each month and of course its my spare money so I wouldn't regret it if lost them all.

[goinmerry]

Not used to set a specific budget for any of my gambling sessions as I know it won't follow.

It's hard and difficult to follow since the urge of doing gambling is always there even when winning or losing a streak. Winning, because we don't want to waste the opportunity that we are feeling lucky and losing, because we want to chase losses even bit by bit.

What I'm doing is to set a minimum bet, whatever the gambling type, so that the bankroll is properly managed.

[johhnyUA]

What I'm doing is to set a minimum bet, whatever the gambling type, so that the bankroll is properly managed.

I didn't get this moment: how your bankroll can be properly managed, if you know only a minimum bet? For example, your minimum bet can be 10 dollars, but full bet and your all bankroll can be like all you monthly income, or all your savings )))

Maybe I have understood something wrong. Clarify please.

[Mahanton]

Sometimes I lose control of my allocation still lucky that the additional allocation that I added is not that huge not huge to make me feel depressed I am trying to control adding beyond my allocation because if this continues I will have financial problems later, I guess we all have this kind of issue and we need to be tough enough to fight this.

Emotional control of the soul is very difficult. Almost similar to trading. We must have good management and control of emotions. If not then all you have can run out. I've played on one site even I can make my money twice as much. But the next day because I didn't have good fund management and emotional control my money ran out. But I have no regrets and some days I visited several sites to play with cold funds.

Yes, emotional control of the soul is difficult but can still be control when it comes to gambling and before anyone can be good in funds management in gambling and emotion control such gambler need to fully understand the major concept of gambling and can follow the steps of gambling profitably because nothing is promised in gambling.

One of the method is quite effective to do is to deposit only the amount we want to use for gambling and never deposit any extra or bigger the amount we can afford to lose since this could start the  dilemma for us since once we are losing we choose to gamble more to think that we can recover our money, and by having fix amount we can control ourselves not to get hook to much or try to bet more if our balance already gone in the day. Although there's no promise to earn in gambling  still its good to see that we are winning but we really need proper discipline so that we can possibly take home some cash if we win.

Easy to say but majority of people do really fail on this one because they intently to make deposit even more because its neither they are trying to break even their losses or theyre hoping for getting some big hit
and then stop and this had been always a common issue or behavior of most people.We are making out some budget on our mind about our finances on doing gambling but when you are already on the actual
situation then things change and would really be forgotten, until you do realize that you had spent out that much on that particular day. In result on having this kind of behavior?
Sooner or later, you would be finding yourself in the streets because you sold out everything because of your gambling addiction.

[Russlenat]

Not used to set a specific budget for any of my gambling sessions as I know it won't follow.

It's hard and difficult to follow since the urge of doing gambling is always there even when winning or losing a streak. Winning, because we don't want to waste the opportunity that we are feeling lucky and losing, because we want to chase losses even bit by bit.

What I'm doing is to set a minimum bet, whatever the gambling type, so that the bankroll is properly managed.

You can still set a budget though, and that is by setting up your bankroll, let's say you budget your bankroll for a week, win or lose you'll withdraw the money if there's still left and start a new bankroll again for the next week. Well, what's only important is you know what you are doing, and you will be able to follow your game plan and be discipline as well.

[Ryker1]

^[snip]

You can still set a budget though, and that is by setting up your bankroll, let's say you budget your bankroll for a week, win or lose you'll withdraw the money if there's still left and start a new bankroll again for the next week. Well, what's only important is you know what you are doing, and you will be able to follow your game plan and be discipline as well.

Well, speaking of the game plan that is good in gambling and you are right, I thought --only in trading that has gambling, it will perhaps be the same on the gambling. No matter how much you will be a gamble as long as you can afford it. Before when I was gambling, my habit ng gambling was an increase, and almost every day I wanted to go out. But now it is totally different, the pandemic was tech me how to save money because I proved that there is no real friend when you get down so I decided to limit my gambling. Perhaps 10-20% was in gambling during per session;

[tabas]

My betting budget would depend on how much money I have left after prioritizing my family needs and also my plans on my excess money.
If I have plans to buy something I would surely spend little amount on the things that isn't necessary to me and my family.
So to be clear my betting budget or gambling budget is random depending on the situation.

That's very responsible of you.
You only gamble if there's anything left from your money after you've spent it for important things for your family. Well, I guess we have similarity in that kind of decision.

[Hippocrypto]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I can't plan to bet a money that's out of my main job's earning, that feels so bad to loss a hard earned money compared to a money from bounties or airdrop. Budgeting is needed for us to prevent sudden loss of funds, you don't know one day you'll be suffering from financial struggles if you treat gambling so serious. This shouldn't be a priority, but rather consider it as a second options in life.

[Wawa2013]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I can't plan to bet a money that's out of my main job's earning, that feels so bad to loss a hard earned money compared to a money from bounties or airdrop. Budgeting is needed for us to prevent sudden loss of funds, you don't know one day you'll be suffering from financial struggles if you treat gambling so serious. This shouldn't be a priority, but rather consider it as a second options in life.

I agree it's better not to make gambling a priority in life, gambling is supposed to be an activity to seek entertainment. So the budget that we provide
must come from the extra money we have or it could be money from bounties or airdrops. Because playing gambling the possibility of us losing
money is very large, even when I play gambling, I always lose more than the profits I get. Usually I set aside about 10% of the income I have every
month for gambling. If we do not limit our budget for gambling there is a possibility that in the future we will experience financial difficulties,
because playing too much gambling can cause addiction. If we are addicted to gambling then our finances are in trouble and our lives can fall apart.

[dunfida]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I can't plan to bet a money that's out of my main job's earning, that feels so bad to loss a hard earned money compared to a money from bounties or airdrop. Budgeting is needed for us to prevent sudden loss of funds, you don't know one day you'll be suffering from financial struggles if you treat gambling so serious. This shouldn't be a priority, but rather consider it as a second options in life.

Not that really bad on spending but it would be a good thing if you dont really touch at all with those money you earned from day job.Dont go above your expenses because

that would really be a big problem if financial budget is out of control. Spend only on the amount you can or willing to lose and mind of that you are paying for entertainment in gambling.

Winning is just a bonus when you are lucky but if you do lost then call it a day.

[Rengga Jati]

No more than 25% of the payment of this campaign every week, using it for playing and getting profit, once lost, should wait until the next.
I know this may be too stingy with myself to spend money to play here even though the campaign pay. But this is what I can take the risks.
Because gambling will change to addiction as long as we cannot control ourselves and manage it because we will feel less likely to play.

[Vaskiy]

My earning isn't regular and the earnings I make isn't big. This makes me go try for multiplying what I have in the wallet. Probably I start with the minimal allocation of $10, but this never gets stopped by the point. The gambling gets stopped once the Wallet gets emptied. This way I used to end gambling for the while and I don't have self control.

[Oceat]

No more than 25% of the payment of this campaign every week, using it for playing and getting profit, once lost, should wait until the next.
I know this may be too stingy with myself to spend money to play here even though the campaign pay. But this is what I can take the risks.
Because gambling will change to addiction as long as we cannot control ourselves and manage it because we will feel less likely to play.

You might have to reconsider your choices if that's the case because we never know when we will gonna need the money to use for emergency. So in my case it's just the same as the other because I play randomly in a week or two depending on how much money that I have left that's ready to spend on gambling.

But keep in mind that to always make a back up plan in case you needed money because that's the time you really need the money you spent when it's all gone. So think carefully on how do you spend your money.

[Rajamuda]

How do you plan your gambling or fun budget?

Each of us certainly has different family situations and conditions and must adapt to financial conditions. basically, of course, we have to be able to manage it well, and for me personally, because I'm not a rich person.. gambling is a side that is not so important and like a small-time gap to fill my spare time, I set aside only a small part and sometimes I just collect the balance from free, it is like more tended on just for fun in certain sites.

[traderethereum]

My earning isn't regular and the earnings I make isn't big. This makes me go try for multiplying what I have in the wallet. Probably I start with the minimal allocation of $10, but this never gets stopped by the point. The gambling gets stopped once the Wallet gets emptied. This way I used to end gambling for the while and I don't have self control.

It is difficult to use multiplying to increase the money by winning the games as we know that will depend on our luck.
But that could be the way for us to make money as long as we know when to stop.
Maybe you can try to change for $10 to be the maximal allocation to gamble so you will not have to add more money to continue gambling because I am afraid that can attract you to deposit more if you lose all of the $10.
Learning self-control will be necessary for a gambler because that can help him to stop gambling and not trying to deposit more money.

[suzanne5223]

Yes, emotional control of the soul is difficult but can still be control when it comes to gambling and before anyone can be good in funds management in gambling and emotion control such gambler need to fully understand the major concept of gambling and can follow the steps of gambling profitably because nothing is promised in gambling.

One of the method is quite effective to do is to deposit only the amount we want to use for gambling and never deposit any extra or bigger the amount we can afford to lose since this could start the  dilemma for us since once we are losing we choose to gamble more to think that we can recover our money, and by having fix amount we can control ourselves not to get hook to much or try to bet more if our balance already gone in the day. Although there's no promise to earn in gambling  still its good to see that we are winning but we really need proper discipline so that we can possibly take home some cash if we win.

Easy to say but majority of people do really fail on this one because they intently to make deposit even more because its neither they are trying to break even their losses or theyre hoping for getting some big hit
and then stop and this had been always a common issue or behavior of most people.We are making out some budget on our mind about our finances on doing gambling but when you are already on the actual
situation then things change and would really be forgotten, until you do realize that you had spent out that much on that particular day. In result on having this kind of behavior?
Sooner or later, you would be finding yourself in the streets because you sold out everything because of your gambling addiction.

You make a point. Before gambling people always make decisions about the fund to gamble but when the gambling spirit takes over, they are deemed to make another decision which I considered to be not taking the steps to gamble profitably.
Gambler need to understand himself and level he can gamble. It is just like crypto trading, a trader that doesn't have the capacity to day trade will make losses if she day trade.

[kotajikikox]

My gambling budget depends on how many times a month I visit an online casino. For me, it is enough to visit a gambling site once or twice a month, but sometimes it happens that I just do not manage to visit it. The main restriction that I set for myself is a deposit of no more than $100.

That only means you are not a typical gambler and you can completely control your self from betting .

Imagine that you can visit no gambling site for month ? when we as gamblers surely need to Place a bet at least once a week depend on our capacity to spend money?

But good to hear that and please continue that behavior mate , that will bring bright to your life by not losing too much money .

[Fredomago]

My earning isn't regular and the earnings I make isn't big. This makes me go try for multiplying what I have in the wallet. Probably I start with the minimal allocation of $10, but this never gets stopped by the point. The gambling gets stopped once the Wallet gets emptied. This way I used to end gambling for the while and I don't have self control.

It is difficult to use multiplying to increase the money by winning the games as we know that will depend on our luck.
But that could be the way for us to make money as long as we know when to stop.
Maybe you can try to change for $10 to be the maximal allocation to gamble so you will not have to add more money to continue gambling because I am afraid that can attract you to deposit more if you lose all of the $10.
Learning self-control will be necessary for a gambler because that can help him to stop gambling and not trying to deposit more money.

And what's next if you managed to increase your $10? without any limitation with your gambling activities, there's none waiting for you.

Always best to have good target when you are playing the game, though your budget is not that high and if you can stop after losing it and you have no plans to deposit larger amount, that's already a good way to start balancing your goals.

Most of the time, those gamblers who are good with small earnings managed to exit the house with a much better enjoyment, than those who are greed who keeps regretting and keep asking those "what if'" Just saying 

[KTChampions]

This will work for the mature gamblers who can follow their plan very well, but newbies or those who play if they have money and have no control or plan on how they are going to play I don't think they can follow it up, it's like a new year resolution that will likely to be broken, again and again, practice self-control first before setting up your budget, it will definitely you in your playing and glad that you set up a plan.

You underestimate people 
If things were as bad as you describe most newbies would lose all their money at once and end up in debt or some bad situation. But in fact, such cases make up a small percentage of the number of newbie gamblers, since they still understand what they are dealing with even if they did not have gambling experience.

[Wexnident]

This will work for the mature gamblers who can follow their plan very well, but newbies or those who play if they have money and have no control or plan on how they are going to play I don't think they can follow it up, it's like a new year resolution that will likely to be broken, again and again, practice self-control first before setting up your budget, it will definitely you in your playing and glad that you set up a plan.

You underestimate people 
If things were as bad as you describe most newbies would lose all their money at once and end up in debt or some bad situation. But in fact, such cases make up a small percentage of the number of newbie gamblers, since they still understand what they are dealing with even if they did not have gambling experience.

This. It's like we're underestimating the level of knowledge people have. At this point, it's like you're saying everyone who starts at the beginning shouldn't make up a plan since they can't follow it anyway, which is a stupid argument ngl. Practice self-control before setting up your budget? The budget IS self-control. It controls you to spend only that amount, why would you not set it up saying that they won't follow it, yet say to practice self-control.

[Fortify]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

It sounds like you are much more responsible with your finances than most people and are able to organise a budget before all else. I think it's a good idea to keep your budget below 5% and ideally get to the point where you are able to cover any expenses from previous wins - however this will depend on whether you are trying to win (e.g. poker or sportsbet) or just doing it for a thrill (e.g. slot machines).

[Ratash]

Yes this i like the way you divide your gambling income i too do not use more than 10% of the incomes to gambling but the % depend on how much you earn monthly if you are in a comfort situation i guess you can spend some extra money plus you have a chance of winning money plus some people has a gambling hobby.

[iTradeChips]

I usually put like maybe almost half of my bounty earnings per month into betting, of course on multiple bets. But I do it not all the time not all monthly of course. If I lose then I should wait for the next pay, but of course it will not be always on gambling and betting as I also use my earnings to buy more Bitcoin when price is cheaper. It is better to buy more crypto than bet always. Besides we can bet more once we get more money out of our crypto profits.

[dimonstration]

I usually put like maybe almost half of my bounty earnings per month into betting, of course on multiple bets. But I do it not all the time not all monthly of course. If I lose then I should wait for the next pay, but of course it will not be always on gambling and betting as I also use my earnings to buy more Bitcoin when price is cheaper. It is better to buy more crypto than bet always. Besides we can bet more once we get more money out of our crypto profits.

I only do bet whenever I have gain some profit in trading or when I'm feeling lucky. Whenever I play I make sure to still left some in the casino enough to try small bets and to know whether I'm feeling lucky whenever I play. The only left money is enough for some play time since its not advisable to left money in my casino if we know we're not playing actively or everyday.

[YuginKadoya]

I am setting up a budget if I have an extra and when it comes to Sportsbet for example UFC I tend to bet for all picks that I think will win in an equal manner most of the time all picks will be 0.0003 BTC if I just have a small budget to spare but oftentimes if I have plenty of budget for every picks I just go with 0.00063 BTC every picks that I think may win, well this budget is sometimes random depends on how much money I got and I will divide it equally with the picks I think would win,

But in my opinion, only bet if you got an extra amount with you, sometimes I don't really bet at all if there are many bills and something happens and we needed money for that certain stuff, I suggest being a responsible gambler for you and your families sake.

[barota]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

[molsewid]

I usually put like maybe almost half of my bounty earnings per month into betting, of course on multiple bets. But I do it not all the time not all monthly of course. If I lose then I should wait for the next pay, but of course it will not be always on gambling and betting as I also use my earnings to buy more Bitcoin when price is cheaper. It is better to buy more crypto than bet always. Besides we can bet more once we get more money out of our crypto profits.

When I first tried to invest in cryptocurrency i am afraid I mean I made my own research before I put any principal amount of course but there are something that holds me back to not push my investment but luckily I made a whole decision of mine and start my first journey to become a first timer investor and I didn't regret it after all. This is for me the first step towards a more investment in crypto and yeah as of this time i am betting for about more than my initial investment and hopefully this time i am planning to put a lot of eggs in a few basket which I have check the project and found it good for investment.

[Slow death]

I did the following each month I used to withdraw some of the money I trade and then the profits I invested in my bankroll until I had enough bankroll so I didn't have to put any more money out of the trade after I started. Seeing that the profits were already good I started making withdrawals, every time the leagues take a break I don't place bets and withdraw my money and I honestly feel happy that I bought things with my profits, losing money Is something bad I know that gambling should be seen as fun, but even so you shouldn't just be losing money

[Johnyz]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

They are maximizing the free money they get from for free and that’s fine as long as they didn’t go beyond their limit because gambling can become more expensive at your side if you’re seeking for too much fun, its addicting.

Anyway, budgeting is one my top priority and with regards to gambling capital, I don’t always have budget on this but sometimes if I get extra money on that month, I tried to play and later on regret it because of being greedy. Due to this pandemic, I limit myself up to $100 only if I have the extra.

[Fatunad]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

They are maximizing the free money they get from for free and that’s fine as long as they didn’t go beyond their limit because gambling can become more expensive at your side if you’re seeking for too much fun, its addicting.

Anyway, budgeting is one my top priority and with regards to gambling capital, I don’t always have budget on this but sometimes if I get extra money on that month, I tried to play and later on regret it because of being greedy. Due to this pandemic, I limit myself up to $100 only if I have the extra.

When greed hits me then my self awareness do really always remind me on that i do have a family to eat and need up something to live in a comfortable life and thats the time
i do completely stop and dont intend to spend more beyond the limit or budget and i have been into this situation for several times on where i do need to stop mid way
because when you do really get impulsive then you would really be out of your mind and in result you would really be betting like theres no tomorrow.
Anything should be on budget specially with finances because you wouldnt know if you would earn money or not in tomorrows time.

[Sanitough]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

They are maximizing the free money they get from for free and that’s fine as long as they didn’t go beyond their limit because gambling can become more expensive at your side if you’re seeking for too much fun, its addicting.

Anyway, budgeting is one my top priority and with regards to gambling capital, I don’t always have budget on this but sometimes if I get extra money on that month, I tried to play and later on regret it because of being greedy. Due to this pandemic, I limit myself up to $100 only if I have the extra.

$100 dollar, is that for per every session?

For me, I'm more into bankroll budgeting, so I can put up to $1000 and it will already last for several days if unlucky but I would be able to withdraw some profit if I'm lucky, so the point is, I stick with my max bankroll and I'm just like getting an interest if I have some lucky days. Also, I carefully choose my game and I am so disciplined with the amount per bet, I remain conservative so the enjoyment will last longer.

[Eureka_07]

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

[blockman]

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

How much is your preferred minimum balance from your campaign earnings? Don't you feel bad that after you've participated for a week or two then you'll be using that minimum amount from your campaign? I think that the minimum amount you've been spending isn't that much because if so, you won't have anything left from your weekly or two participation.

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money ,

We always hear that it's not good for making money but let's just embrace those gamblers that have the talent and made it their source of living. Well, it's a good strategy if you're always using those bonuses from the casino but they can't just have it forever.

[Vaskiy]

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

Myself too does the same, but this went out of my control. As a result I've lost big depositing and gambling. This way I was in big debt and now I'm feeling bad for what I've done. I've shared my story on a separate post Be a Responsible Gambler. Even after this incident I keep on losing every week what I earn from campaign.

[Rabi3]

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

i think the whole point of making a budget for gambling is to not regret anything, i think the amount that a person should gamble with is the amount that he can lose and not regret gambling with it afterwards.

[Bitinity]

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

Myself too does the same, but this went out of my control. As a result I've lost big depositing and gambling. This way I was in big debt and now I'm feeling bad for what I've done. I've shared my story on a separate post Be a Responsible Gambler.

Controlling ourselves is the hardest thing in gambling. Even if we set our budget/limit before start gambling, we may jump into a situation when we cant control ourselves. It is a human nature if you ask me, greed is something that hard to control but if gambling turns you into a big debt then you did it really wrong.

Even after this incident I keep on losing every week what I earn from campaign.

Why dont you learn from your own experience? I think you need to find someone to help you as it seems you are addicted already as you cant even stop after you were in a big debt because of gambling.

[btc78]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Have you created a Ledger in every details of your Incoming and outgoing finances mate? because this is what My Wife does for our monthly funds flow.

She is the one who's making the recording and Deciding how much She will allow me to use for gambling, and i respect Her so much for this because at least I know that even if i lose , there is only small part of our funds that goes with the gambling operator and also this made me become disciplined gamblers because of My wife's help for letting me understand everything and telling me that this is all for our family.

[magneto]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

This is really good if you are looking to gamble at all.

You need to look at gambling as an expense that you are willing to pay - much like entertainment. In fact, it is a form of entertainment that you pay through incurring negative EV on casino run games.

I personally allocate somewhere closer to 2-3% and consolidate that with the rest of my entertainment expenses (subscriptions, etc.). Definitely not anywhere near the double digit percentages that a lot of other people seem to be working with.

[traderethereum]

My earning isn't regular and the earnings I make isn't big. This makes me go try for multiplying what I have in the wallet. Probably I start with the minimal allocation of $10, but this never gets stopped by the point. The gambling gets stopped once the Wallet gets emptied. This way I used to end gambling for the while and I don't have self control.

It is difficult to use multiplying to increase the money by winning the games as we know that will depend on our luck.
But that could be the way for us to make money as long as we know when to stop.
Maybe you can try to change for $10 to be the maximal allocation to gamble so you will not have to add more money to continue gambling because I am afraid that can attract you to deposit more if you lose all of the $10.
Learning self-control will be necessary for a gambler because that can help him to stop gambling and not trying to deposit more money.

And what's next if you managed to increase your $10? without any limitation with your gambling activities, there's none waiting for you.

Always best to have good target when you are playing the game, though your budget is not that high and if you can stop after losing it and you have no plans to deposit larger amount, that's already a good way to start balancing your goals.

Most of the time, those gamblers who are good with small earnings managed to exit the house with a much better enjoyment, than those who are greed who keeps regretting and keep asking those "what if'" Just saying 

Just stop gambling if you can increase your $10 because the next round will not always be your lucky.
That is why limitations will always be necessary for gambling to know when to stop gambling and prevent addiction.
We can prevent a deposit of a larger amount with limitations because that will be a high risk that we will face.
We know how to enjoy gambling without using a large amount because our luck will come with a small amount.

[lienfaye]

How do you plan your gambling or fun budget?

I always prioritize the needs first. Usually I list the needed budget every payday and the expenses for the whole month. I always allocate the 20% (or higher) of my money for savings and whats left is my budget for anything I want to spend it.

What I always use when I gamble is a spare money, meaning to say the money that I can afford to lose. But most often when I only want to kill time, using the free satoshis of the site where im playing is already enough just to entertain myself.

For me its best to set limit on how much money are you willing to spend in gambling. Its hard to control ourselves when playing especially if the situation is getting intense but if we have discipline, self control wont be that hard.

[newwest]

Each month I transfer a certain amount to the site and that is the top limit for me. If on the first day itself I lose that amount then no more of games to be played etc as that is the max amount for me. If I make profit during the month then some amount I withdrew and carry over the rest of the profit to next month and as well ad the amount for that month so have little more to pay with. Do not get carried away with wins/losses is what I have being following.

[Dread Pirate Roberts]

Emotional control of the soul is very difficult

This is what is in our minds sometimes we want to immediately want to get back or get more straight away. and immediately leave the basics that we actually know. like don't cross the limit. don't be greedy. these things are sometimes just thrown away because of that feeling. one must be able to think calmer and better before do any silly act. self-awareness is required.

[rodskee]

Emotional control of the soul is very difficult

This is what is in our minds sometimes we want to immediately want to get back or get more straight away. and immediately leave the basics that we actually know. like don't cross the limit. don't be greedy. these things are sometimes just thrown away because of that feeling. one must be able to think calmer and better before do any silly act. self-awareness is required.

That's Greediness , In other term expressed , Emotional Control of the Soul 

That is your desire to Win easily when the right way is to work or at least do business and take time to grow .

But gamblers find it more easy to Gamble though they don't realized that the more they are seeking for easy money is the more they are dropping low to lose and take long to achieve their objectives.

I use my funds that came from signature campaigns, preferably, I'm waiting for my balance to reach my minimum preferred balance before starting to play on amy casino. There were just few times in which I'll make some deposits from which aren't awarder from bitcointalk.

That is good, for sure you have regular work right? because if not and your only earning is that Signature payments yet you gambled it then you are literally addicted in such way.

[UmerIdrees]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

If you do not want to lose a lot of money in gambling, then you should make a budget and keep it apart for gambling. This way you will only lose the amount you set aside from gambling. Many people don't do this and keep on spending more and more in gambling.

[KTChampions]

Myself too does the same, but this went out of my control. As a result I've lost big depositing and gambling. This way I was in big debt and now I'm feeling bad for what I've done. I've shared my story on a separate post Be a Responsible Gambler. Even after this incident I keep on losing every week what I earn from campaign.

Oh, this is sad. I hope your losses are limited only to earnings from the signature campaign now. What game do you prefer to play? Maybe you should install a casino simulator and play for free, maybe this will help you quell your passion for gambling and you will start saving at least what you earn from a signature campaign?

[coin-investor]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I only play on two gambling sites and I'm only allocating $100 on a weekly basis I guess playing a small amount makes you play safe and my being safe in my games makes me win may times so over the week I ended up with the same amount, and sometimes, if you don't allocate amount for gambling you will end up losing money by adding more, just follow your plan, whatever it takes.

[carlisle1]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I only play on two gambling sites and I'm only allocating $100 on a weekly basis I guess playing a small amount makes you play safe and my being safe in my games makes me win may times so over the week I ended up with the same amount, and sometimes, if you don't allocate amount for gambling you will end up losing money by adding more, just follow your plan, whatever it takes.

Very true! just keep things according to your plan and never to exceed, stop thinking that after you lose there's 
a chance that you can recover once you deposit another amount to use for your bankroll.

Better to accept that you lose and you need to quit, it saves you a lot, not just for the money but also with the possibilities of getting addicted.

Keep your budget intact and accept whatever happened, if you win then enjoyed your weekends if you lose then keep the fun 

[worle1bm]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have set aside my gambling budget and I don't exceed that limit in any case as this is what I afford to lose without any financial burden.So this gambling budget varies depending on my expenditures for the month as miscellaneous expenses may rise sometimes and I cut my this budget to balance the equilibrium.Small gamblers can apply this strategy and always set their limits so as to avoid any further problems.

[freedomgo]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have set aside my gambling budget and I don't exceed that limit in any case as this is what I afford to lose without any financial burden.So this gambling budget varies depending on my expenditures for the month as miscellaneous expenses may rise sometimes and I cut my this budget to balance the equilibrium.Small gamblers can apply this strategy and always set their limits so as to avoid any further problems.

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

[KTChampions]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

[Hamphser]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Agree with this.

Majority of players or gamblers would definitely be cherishing out their balance as long as possible but there are some who do really make out one all yolo bet and hoping for some big hits

but for sure they would really still continuing to play and believe that they would have the same luck as earlier until they do bust up.Something new? no its not and this is why

gambling business is profitable coz people doesnt really get easily contented on what they do earn not only in terms of money but also into the leisure that they do get.

[tippytoes]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

[LUCKMCFLY]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

You are right, in fact I am one of the people who enjoys a lot about slots, I play them to be able to de-stress, but I really do not have much money to do it, I learned that to play I need to have a part of myself I go out to lose it, hence I do not allow myself to lose more.
When I lose it, that money does not hurt me, because I use it for fun, if I win then it is phenomenal. The control that must be had in the money must be the main thing that must be taken in ceunta, this to avoid falling into vice.

[CryptocurencyKing]

I for one, I do ensure I'm very much aware of my spending too @OP. Not like I take the time you do in doing a complete check over my account and relate it to my expenses while, running allocations for the month ahead. What I do is rather different and more of quantifying stuffs in my head, making sure that there is enough or as much as needed cash to meet up with other needs or wants mean while, I ensure that the things i pay for or purchase are actually things that would be useful in the long run or things I needed for a purpose.

Gambling funds are merely considered because I don't do much of it lately. Each time I gamble, its just for the fun of it and often due to the fact that, I find myself at a spot where the gambling is been done but still, I stake with amounts that I don't have to think twice about if its lost. That way, my gambling is safe.

[Saint-loup]

some people are betting just for fun , there is sometime free money like bonus from casino little sums but just for fun because gambling is not good way for making money , the risk of gambling is ,for many people, gambling is harmless fun, but it can become a problem , because problem gambling is harmful to psychological and physical health. People who live with this always have those bad thing , You should not rely on gambling as a source of living

Gambling is harmful for the physical health?   Where have you seen that please? What are your sources for such a bold statement? Moreover why are you promoting a gambling site if you think gambling is harmful to psychological and physical health as you say? I've never heard that gambling could be noxious to physical health and for the psychological part, if you have a good bankroll management there is no reason to get hurt. BTW how do you manage your betting budget as asked by the topic?

[BuNga_cute]

Definitely, you should be more careful if you are a small gambler, you don't have a lot of money so always be discipline to stay at the limit. Actually not setting your limit on your losses only, make sure you also limit your winning so you can end up with a profit if ever you are lucky, not because we are lucky we will not think of stopping anymore, it doesn't work that way as probability will always hit us in the end and we will lose.

Lastly, be realistic, don't think your $100 bankroll will turn into $10,000 in just a short period of time.

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

[Saint-loup]

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

Why would you blame them? They don't ask you anything and they don't need your judgement. Moreover you're part of a pretty well paid campaign for a casino so you shouldn't be so poor if you are able to save some money from your bounties. Usually it's recommended to bet less than 10% of your bankroll in one single bet. It means you just need to get a 1000$ bankroll to be able to bet 100$ in one bet without being an "irresponsible gambler".

[KTChampions]

I think that the chance to immediately turn 100 dollars into ten thousand in one bet with a large coefficient is much higher than a gradual increase from this amount. Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Using 100 bucks in a single bet is a very risky one. Unless, you are very sure about the results of the game. I still prefer the gradual increase, at least I know, I can't lose $100 in one bet. Anyway, gamblers have different preferences when it comes to their game. Some want to enjoy their game so they will use those $100 in various matches or games. And you will be very lucky if you can get your $100 to even a thousand dollars.

I understand you, and I don't play that way either, I prefer many small bets than one big one. But mathematically speaking, the chances of winning with one bet are much greater than by making many small ones. Roughly speaking, long-distance loss is guaranteed, and a single bet can bring victory.

[Oshosondy]

I understand you, and I don't play that way either, I prefer many small bets than one big one. But mathematically speaking, the chances of winning with one bet are much greater than by making many small ones. Roughly speaking, long-distance loss is guaranteed, and a single bet can bring victory.

When I gamble just for fun, using only just 2% of my weekly income, I bet on any game. It really surprised me when I bet on correct score that I won one day, but it was just a complete luck. I gamble for for, I bet on weak team to win strong team at times, especially when I know the strong team are not playing good. I have tried small odds too, they are better, but this can lead to someone to bet more frequently, there could be many small winings, but single loss can take all the money and result to loss, but playing it not often can let it be fun and a way to gain.

[AhmadM]

For me the money of $100 is very big, so there is no way I can use $100 in one bet. I'm not ready to lose $100 in one bet, but for rich people
it's not a problem to spend $100 in one bet. I need to adjust my finances to the way I gamble, so I will use $100 in multiple bets. I'm also one of
those people who like to get profit gradually, It's true that a large bet amount can get a big profit too. But the risk is also greater, the conclusion is
that everyone has their own gambling style, I also wouldn't blame gamblers using $100 in one bet.

Blaming the others because they have higher base bets? There must be something off with your head if you really do that or you are just jealous if there's someone who has better conditions than you. Everyone have different incomes and financial problems, of course when come to gambling budget or bet amounts it'd supposed to be different too. There is no one force you to follow what high rollers did, so don't bother with them and just doing your gambling habbits as usual with the money that you could afford to lose.

[AicecreaME]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

[robelneo]

 Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Who would want to play with one bet even if that one bet wins me thousands of dollars, I'd like also to go through the process of losing, winning, and having excitement chasing my losses, it's something we all want to go through until all our allocation is over or losses, I want to start small and go big when I am winning, we want that excitement to get over us when we are playing and hoping our allocation is enough to get us there.

[Lorence.xD]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

I wish I have that kind of restraint back then, I spend a lot of money in gambling, even though I go home winning, I only use those wins to play again all of it until it's depleted. Good thing I was past that and I was able to make some changes in my life.

[KTChampions]

 Another thing is that such a single bet is unlikely to satisfy a gambler's need for a game, most players like to enjoy the process itself.

Who would want to play with one bet even if that one bet wins me thousands of dollars, I'd like also to go through the process of losing, winning, and having excitement chasing my losses, it's something we all want to go through until all our allocation is over or losses, I want to start small and go big when I am winning, we want that excitement to get over us when we are playing and hoping our allocation is enough to get us there.

Different people have different approaches to games. Several years ago I had experience playing offline poker and I met people who always played according to the same algorithm: literally several hands and they bet allin preflop. I got the impression that they didn't want to enjoy the game, they just wanted to know whether they were lucky that day or not.

[Kittygalore]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

[bitterguy28]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

I wish I have that kind of restraint back then, I spend a lot of money in gambling, even though I go home winning, I only use those wins to play again all of it until it's depleted. Good thing I was past that and I was able to make some changes in my life.

At least you've learned your lesson now? that is the most important part "Our Maturity" because more than everything it is our experience that teaches us to be more practical and never lose your attitude towards becoming addicted.
when i start gambling i also do the same mistakes but over the year i learn and comes to the conclusion that whatever i do it is always that gambling will win over us.

[mirakal]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

It's considered a lot if you bet higher than your budget, and I don't think it's right to go beyond your budget as it's too risky, in gambling, you win, you lose, that's the only two outcomes, so always be smart and always know how to manage the risk. There's no room for us in gambling if we are careless and yet we want to be successful, we should make a strategic approach, no an approach that is based on luck.

[Fredomago]

I don't put a lot of money on gambling plus the minimum is the lowest amount in coins is used in the casino that I am playing plus I can also put my money on another bet and make the bet of the other player much higher and in return I get a cut.

It's considered a lot if you bet higher than your budget, and I don't think it's right to go beyond your budget as it's too risky, in gambling, you win, you lose, that's the only two outcomes, so always be smart and always know how to manage the risk. There's no room for us in gambling if we are careless and yet we want to be successful, we should make a strategic approach, no an approach that is based on luck.

Most of the time luck isn't there behind you, if you don't have any good strategy for sure you'll lose a lot of money.

Gambling is for those who are responsible, gambler who knows how to take care of the risk and have a good money managements, that kind of gamblers have a huge chance to enjoy and win from this venue of activities.

Set your budget and make sure to keep following what you set and try your best to increase your capital.

[Eureka_07]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

It's good to know that you quit since you didn't know how to win productively increase the budget that you allocated for your gambling. It's fine to lose since it's just your past time, however be more disciplined to your money. In my case, there were times that I lost a lot, but I'm happy that I got those losses back.

[MrcMrc]

At every point in time, I always budget my money at the start of the month and that is 1% of my income to gamble with, I will never exceed this budget no matter how tempting gambling can be sometimes this has to help me manage my gambling spending.

[ReiMomo]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Hei really nice to hear the way you plan your expenses. I have set of commitments, so I direct my income to them every month. Besides these, I would have 25% of my income in hand. I rarely used my money for gambling once or twice. Since I was not happy with the outcome, I did not try going for it then. It would have been lack of knowledge on where and on whom I bet. I always prefer for new gadgets, electronics and food than spending on gambling.

[3meek]

I usually bet no more than 10% of my budget... However, it doesn't always work out to stick to this strategy! At the last European Championships I took a few risks... Once I got very lucky, but twice I lost everything I won the first time!  So you should always make a habit of withdrawing your winnings!

[Saidasun]

$50 a month and I set deposit limits where possible. I have not found a good enough Bitcoin accepting website for my bets any though at least one with all the features of a fiat one. I find that Bitcoin ones lack the cash out option and the deposit limit which is something I need to prevent myself from going over it.

[dimonstration]

I usually bet no more than 10% of my budget... However, it doesn't always work out to stick to this strategy! At the last European Championships I took a few risks... Once I got very lucky, but twice I lost everything I won the first time!  So you should always make a habit of withdrawing your winnings!

Taking profit works also here in gambling not just in trading. Betting budget will only depend on how much we are able to enjoy gambling. Sometimes my budget only fits in just some hour or minutes. Sometimes I only deposit money when I have some match to look forward with or when have some extra money to enjoy with gambling.

[Alisha-k]

At every point in time, I always budget my money at the start of the month and that is 1% of my income to gamble with, I will never exceed this budget no matter how tempting gambling can be sometimes this has to help me manage my gambling spending.

In cases like this self dicipline is primarily the guide to risk management in gambling options. Once there is proper risk management and you adhere to your set budget then you would succeed in managing your funds but the moment greed sets in you loose control of your emotions and become too addicted to the point of loosing out your total budget for a month.

[Desmong]

I usually bet no more than 10% of my budget... However, it doesn't always work out to stick to this strategy! At the last European Championships I took a few risks... Once I got very lucky, but twice I lost everything I won the first time!  So you should always make a habit of withdrawing your winnings!

This is ridiculous and it happens to everyone either. Withdrawing funds after winning is very important and it helps to claim your initial deposit especially if things go bad later, losing the remaining funds. I have lost a lot of funds due to my greed of accumulating my earnings to a certain height before withdrawing it, affecting emotionally reducing the rate in which I gamble.
 Planning risk management before embarking on betting is very important but sometimes it is hard to adhere to it if discipline is not enforced.

[Viscore]

At every point in time, I always budget my money at the start of the month and that is 1% of my income to gamble with, I will never exceed this budget no matter how tempting gambling can be sometimes this has to help me manage my gambling spending.

In cases like this self dicipline is primarily the guide to risk management in gambling options. Once there is proper risk management and you adhere to your set budget then you would succeed in managing your funds but the moment greed sets in you loose control of your emotions and become too addicted to the point of loosing out your total budget for a month.

The reality is, it's hard to win in gambling but it's easy to lose money without discipline. People are greedy when they have high target profit but with a small bankroll, the moment they become unrealistic, they'll lose without noticing and they keep betting until everything they have will be wiped out. Maybe we are inspired by people who make a living in gambling, but we should understand that they have decent capital to achieve it.

[South Park]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I pretty much do the same thing, I have a budget for what I call luxuries, stuff I do not really need but that I want, after all not everything on our lives can be about working all the time and getting no fun, and I use that money freely, this basically means that sometimes a great deal of that budget could go to gambling and sometimes none of it goes to it as I was interested in something else at the time and I was left without money for gambling for the rest of the month.

[paxmao]

Way back then when I was still playing gambling, I only spend the extra money I get from an airdrop, like spending $10-$20 whenever I feel like to play gambling just to have a pastime because I'm bored. I never go beyond that, because I know that no matter how big I spend in gambling, if I don't know how to play productively, I will always lose that money, and I don't want that to happen, that's why I rarely play gambling way back then.

I wish I have that kind of restraint back then, I spend a lot of money in gambling, even though I go home winning, I only use those wins to play again all of it until it's depleted. Good thing I was past that and I was able to make some changes in my life.

Yep, it is said that the worst thing that can actually happen to someone who gambles beyond reason or addictively is actually winning. The rush and dopamine they get from winning last longer that the pain of losing and that is the key of the addiction. Thus, a good winning strike will actually give them fuel to play strong until they loose everything back and a little bit more on top. Just make sure that at least you understand what is going inside you and if you can control, ask for someone to "supervise" you gambling.

[pinggoki]

For the most part, it is very good that you budget your expenses, be it intended to make way for gambling or not. Helps you ensure that you don't dry yourself up with funds especially nowadays when money is a bit harder to come by. Then again, you have to consider a lot of factors when budgeting, including the intention, how much your total funds are within that month, and of course the allocation intended for each expense. I myself, during my minimum-wage earning days dropped gambling off even though it could offer me money in return because the risk isn't just gonna cut it when you're being paid by the hour. But as my profits increased, I started to see opportunities to give way for gambling to play a part in my budget.

$50 a month and I set deposit limits where possible. I have not found a good enough Bitcoin accepting website for my bets any though at least one with all the features of a fiat one. I find that Bitcoin ones lack the cash out option and the deposit limit which is something I need to prevent myself from going over it.

I think 50 bucks is fairly reasonable for a month's worth of gambling. Especially if you're not earning that much in the first place but still want to make way for gambling as a way to let off steam and have fun of the little time we have. Although I would agree with you about bitcoin deposits in sites where they don't input parameters that will allow you to have more control over how much you spend in a gambling session. Wish a site in the future could do this.

[dunfida]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Spending money on gambling is only on the amount i could put on and I cant risk even more which is beyond my budget in terms of daily expense and living.I dont like to have a hard life

on having debts just because you cant sustain yourself because you had spent that much into your vice or addiction? As long you do have the control then i dont see any problems on someone.

Gambling isnt bad if you dont let yourself get controlled of it but if you do let it control you then that would really be creating big problems in the future.

[finaleshot2016]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

That's a good practice, it will help you for not losing all of your money because of being greedy in gambling. Imagine if you're gerring hyped and lost all of your savings, it'll ruin your life. Let's always practice to have a small amount that is dedicated in gambling so that we can't use most of our money.

[harizen]

Just make sure that at least you understand what is going inside you and if you can control, ask for someone to "supervise" you gambling.

Honestly, no need for serious supervision because as you have mentioned, dopamine plays a role whenever we gambling. Naturally, it creates pleasure in the brain therefore it was only us that can't control it.

Actually, I don't mind if people still continue to play gambling despite lots of losing in their respective sessions. That's their money and will after all. As long as they are still responsible outside their gambling activity, that was good. But if not, that was a different story.

[STT]

My budget is just the spare part I'd spend on any game like an arcade machine.   Its nice to get something back but not what I would base my budgeting on, that money part is not exactly a bonus but I tend to be a worse case scenario guy who hedges bets which also denies me the big wins too like some get.   Depends how you want to play it but betting is a game to me, I like to put down something official on a game so it is in no doubt just who I thought would win where and when in especially the underdog bets

[traderethereum]

Just make sure that at least you understand what is going inside you and if you can control, ask for someone to "supervise" you gambling.

Honestly, no need for serious supervision because as you have mentioned, dopamine plays a role whenever we gambling. Naturally, it creates pleasure in the brain therefore it was only us that can't control it.

Actually, I don't mind if people still continue to play gambling despite lots of losing in their respective sessions. That's their money and will after all. As long as they are still responsible outside their gambling activity, that was good. But if not, that was a different story.

Someone that can supervise us is us because we take responsibility for our money and I am sure we do not want to see our money is gone because of losing control.
But that is what happens so far, and many people tend to use their money to gamble and add more money to try to win without considering that it is better to stop gamble for a while after we lose.
People can play gambling anytime they want but they should know how to manage their money but if they do not want to listen to our suggestion, that will be up to them.
We can only suggest to them without forcing they must stop as soon as possible because they will not want to stop if they do not see their limit.

[hahay]

Just make sure that at least you understand what is going inside you and if you can control, ask for someone to "supervise" you gambling.

Honestly, no need for serious supervision because as you have mentioned, dopamine plays a role whenever we gambling. Naturally, it creates pleasure in the brain therefore it was only us that can't control it.

Actually, I don't mind if people still continue to play gambling despite lots of losing in their respective sessions. That's their money and will after all. As long as they are still responsible outside their gambling activity, that was good. But if not, that was a different story.

Someone that can supervise us is us because we take responsibility for our money and I am sure we do not want to see our money is gone because of losing control.
But that is what happens so far, and many people tend to use their money to gamble and add more money to try to win without considering that it is better to stop gamble for a while after we lose.
People can play gambling anytime they want but they should know how to manage their money but if they do not want to listen to our suggestion, that will be up to them.
We can only suggest to them without forcing they must stop as soon as possible because they will not want to stop if they do not see their limit.

Well, I guess that could be a great way too. When we already have a budget for gambling but because there is a high awareness for supervision, then we can save the budget to anyone we trust, whether it's friends or family. With the budget that we entrust to the trusted person, at least there will be good control not to continue to increase the budget when it runs out and that method can also be good management for your finances.

[KTChampions]

Well, I guess that could be a great way too. When we already have a budget for gambling but because there is a high awareness for supervision, then we can save the budget to anyone we trust, whether it's friends or family. With the budget that we entrust to the trusted person, at least there will be good control not to continue to increase the budget when it runs out and that method can also be good management for your finances.

I didn’t understand the idea - are you suggesting that you keep your money with a trustee to exclude the possibility of losing it (or at least to stay within the budget)? This idea seems to me not working because in fact each person has a cash flow (and not a certain amount of money) and nothing can prevent him from taking money from this flow and spending it on gambling.

[Lorence.xD]

~

At least you've learned your lesson now? that is the most important part "Our Maturity" because more than everything it is our experience that teaches us to be more practical and never lose your attitude towards becoming addicted.
when i start gambling i also do the same mistakes but over the year i learn and comes to the conclusion that whatever i do it is always that gambling will win over us.

I agree, that point made me feel much more free since I wasn't chained by addiction anymore and I think that it's the greatest feeling although I still do some bets with friends here and there and some poker nights, the feeling is much better right now when you are in control.

[Obito]

I don't want to sound arrogant or braggart but my control over how I spend my gambling budget is on point, I was raised in a house that has discipline above else so I don't exactly have a hard time controlling myself and my emotions wwhen I am gambling and I am happy that I am able to control it because I always get my wins when I am having a good day.

[Kittygalore]

~

It's considered a lot if you bet higher than your budget, and I don't think it's right to go beyond your budget as it's too risky, in gambling, you win, you lose, that's the only two outcomes, so always be smart and always know how to manage the risk. There's no room for us in gambling if we are careless and yet we want to be successful, we should make a strategic approach, no an approach that is based on luck.

I agree that you should be smart and always watch for the time because you don't exactly have the ability to discern how long you are doing things if it's intense or fun, that can help you stop even if you haven't finished your budget.

[virasisog]

I pay all my bills first and set aside extra money for unexpected expenses. I don't think of gambling too much and if I gamble I spend only few hours playing to relax and unwind. Losing in gambling can give you more stress and problem, also ot gives me a lot of pressure whenever I lose and being forced to use extra money to win back my losses. So,I stay away as much as I can and play lesser as much as possible.

[michellee]

I don't want to sound arrogant or braggart but my control over how I spend my gambling budget is on point, I was raised in a house that has discipline above else so I don't exactly have a hard time controlling myself and my emotions wwhen I am gambling and I am happy that I am able to control it because I always get my wins when I am having a good day.

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

[carlisle1]

I pay all my bills first and set aside extra money for unexpected expenses. I don't think of gambling too much and if I gamble I spend only few hours playing to relax and unwind. Losing in gambling can give you more stress and problem, also ot gives me a lot of pressure whenever I lose and being forced to use extra money to win back my losses. So,I stay away as much as I can and play lesser as much as possible.

With kind of mindset better to avoid or stick with low to none budget for your gambling activities,

if happened that there are free  rolls with the sites you are using better to take advantage of it than
to deposit real money and be taking away by your emotions and lose a lots of money from your savings.

Not an easy task when you already engaged and already have that pleasures inside you, the desire of keep moving forward attracts you to add more
funds to your wallet and that's  a big sign that you need to quit while you still have the time.

[blackened515]

I pay all my bills first and set aside extra money for unexpected expenses. I don't think of gambling too much and if I gamble I spend only few hours playing to relax and unwind. Losing in gambling can give you more stress and problem, also ot gives me a lot of pressure whenever I lose and being forced to use extra money to win back my losses. So,I stay away as much as I can and play lesser as much as possible.

I agree with you. Losing in gambling gives stress, because when you place your bets, your expectation is to win and have more money. And when it happens the other way round, it results to stress and depression. I think the best way to avoid spending too much on gambling is to set your limit.

[Hypnosis00]

I pay all my bills first and set aside extra money for unexpected expenses. I don't think of gambling too much and if I gamble I spend only few hours playing to relax and unwind. Losing in gambling can give you more stress and problem, also ot gives me a lot of pressure whenever I lose and being forced to use extra money to win back my losses. So,I stay away as much as I can and play lesser as much as possible.

I agree with you. Losing in gambling gives stress, because when you place your bets, your expectation is to win and have more money. And when it happens the other way round, it results to stress and depression. I think the best way to avoid spending too much on gambling is to set your limit.

If you feel that way, then you are not gambling responsibly, winning is good but we always have to remember that winning and losing are both possible in gambling, we cannot be a winner all the time, in fact, we might lose most of the time so we should be aware of that probability and always accept the losing result and we should not be stress with it.

[DoublerHunter]

~snip~

I agree with you. Losing in gambling gives stress, because when you place your bets, your expectation is to win and have more money. And when it happens the other way round, it results to stress and depression. I think the best way to avoid spending too much on gambling is to set your limit.

If you feel that way, then you are not gambling responsibly, winning is good but we always have to remember that winning and losing are both possible in gambling, we cannot be a winner all the time, in fact, we might lose most of the time so we should be aware of that probability and always accept the losing result and we should not be stress with it.

^ This is exactly the right answer, be a responsible gambler at all times and accept those possible outcomes, and it's either a good or bad result.
Sometimes we should think that gambling is not a purpose of chasing money, it is sometimes we are talking of entertainment that could relieve your stress or while having a break for a while. Budget is the perfect practice at all times, allocate always a big percent for those daily neccisities and probably 5-10 percent of it is a good choice if you gamble. That is how you will manage yourself to avoid also being addicted.

[Hamphser]

~snip~

I agree with you. Losing in gambling gives stress, because when you place your bets, your expectation is to win and have more money. And when it happens the other way round, it results to stress and depression. I think the best way to avoid spending too much on gambling is to set your limit.

If you feel that way, then you are not gambling responsibly, winning is good but we always have to remember that winning and losing are both possible in gambling, we cannot be a winner all the time, in fact, we might lose most of the time so we should be aware of that probability and always accept the losing result and we should not be stress with it.

^ This is exactly the right answer, be a responsible gambler at all times and accept those possible outcomes, and it's either a good or bad result.
Sometimes we should think that gambling is not a purpose of chasing money, it is sometimes we are talking of entertainment that could relieve your stress or while having a break for a while. Budget is the perfect practice at all times, allocate always a big percent for those daily neccisities and probably 5-10 percent of it is a good choice if you gamble. That is how you will manage yourself to avoid also being addicted.

Secure and prioritize on things that should really be prioritized so that you would able to avoid possible future problems that you might faced on because everything is too much would

have corresponding negative effect and this is solely talking about your budget or your with finances and if you arent good on handling on it or simply being impulsive then

most likely you would be end up on  being an addicted person and would really mess out yourself which make you regret like forever.

[kawetsriyanto]

For me, a reasonable gambling budget is 3 to 5% of my income,

3-5% of income to be the budget for gambling is reasonable and looks okay. You have made a good decision to set aside a quite small percentage of your income. I am sure, there are many other gamblers that have a bigger percentage of their income to be gambling budget. 

How do you plan your gambling or fun budget?

I have no certain amount of funds to be the gambling budget. I have no fixed schedule for gambling, I just gambling when I have funds and I am interested in the gambling game. So, I set my budget for gambling randomly, but I make sure it is still a proper amount of money for gambling. I mostly gamble for fun, not to achieve a certain target, so the gambling budget is easy to plan.

[Pamadar]

You are simply doing gambling in a wrong a way, setting limit is just a secondary solution to minimize risk but if you are being depressed a lose means you are playing gambling using the money that's important to you or it was allocated to pay bills and you are just gambling it to earn more. Gambling should be for killing leisure time only and not for a profit generating source. You should use always an extra money no string attached so that you will not feel depressed in case it loss.

Often times we will that way, use money that you can afford to lose in order not to be saddened after losing your capital.

Bu throughout the game chances that you'll add more or you'll use money that not spare but money that allocated to other important things,

once you lose deep regrets follow, and that lose will keep chasing you, gamble more for fun and the money if in case you win is just an addition but not the focus of your gambling, much lesser the chance of addiction means you'll not going to lose more money.

[traderethereum]

Just make sure that at least you understand what is going inside you and if you can control, ask for someone to "supervise" you gambling.

Honestly, no need for serious supervision because as you have mentioned, dopamine plays a role whenever we gambling. Naturally, it creates pleasure in the brain therefore it was only us that can't control it.

Actually, I don't mind if people still continue to play gambling despite lots of losing in their respective sessions. That's their money and will after all. As long as they are still responsible outside their gambling activity, that was good. But if not, that was a different story.

Someone that can supervise us is us because we take responsibility for our money and I am sure we do not want to see our money is gone because of losing control.
But that is what happens so far, and many people tend to use their money to gamble and add more money to try to win without considering that it is better to stop gamble for a while after we lose.
People can play gambling anytime they want but they should know how to manage their money but if they do not want to listen to our suggestion, that will be up to them.
We can only suggest to them without forcing they must stop as soon as possible because they will not want to stop if they do not see their limit.

Well, I guess that could be a great way too. When we already have a budget for gambling but because there is a high awareness for supervision, then we can save the budget to anyone we trust, whether it's friends or family. With the budget that we entrust to the trusted person, at least there will be good control not to continue to increase the budget when it runs out and that method can also be good management for your finances.

That is the benefit of having supervision so our budget is under control and we will have a chance to prevent from over budget.
When we can make a good plan for using the money, we cannot worry about losing money because we will not try to break the limit just because of playing gambling.
We will think if we add more money to gamble from our plan, that can make our plan not work and we must avoid that.
If that can succeed, we can tell about the plan to people we know to also try it by themselves.

[Obito]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

[Kong Hey Pakboy]

When it comes to gambling, I have a big budget so I really don't worry if I go overboard because I sometimes don't spend it all that much because it's either late or I have other things to do.

[babo]

betting is extra fun for me, so my budget is just for fun
if going for a ride on the carousel costs 1 euro
for me it is equivalent, my bets are in the order of 2 euros or something more and games that I follow in some way

if today he plays the premier league of thailand, I don't make bets .. I don't follow those teams

sometime i bet on esport like league of legends

[Chato1977]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

My wife and I agreed that 5% of my monthly wages will be on my own discretion meaning i can do anything from that.
So that is my budget for gambling , though sometimes i exceed from that 5% because i have some Sideline weekends and earning 100$ rom it.

[KTChampions]

My wife and I agreed that 5% of my monthly wages will be on my own discretion meaning i can do anything from that.
So that is my budget for gambling , though sometimes i exceed from that 5% because i have some Sideline weekends and earning 100$ rom it.

If it's not a secret, how long is this agreement valid and what are your gambling statistics? Does it happen that in some month you find yourself in the black and instead of spending money you get it? And accordingly, if this happens, how do you dispose of these unexpected winnings?

[madnessteat]

I pay all my bills first and set aside extra money for unexpected expenses. I don't think of gambling too much and if I gamble I spend only few hours playing to relax and unwind. Losing in gambling can give you more stress and problem, also ot gives me a lot of pressure whenever I lose and being forced to use extra money to win back my losses. So,I stay away as much as I can and play lesser as much as possible.

I agree with you. Losing in gambling gives stress, because when you place your bets, your expectation is to win and have more money. And when it happens the other way round, it results to stress and depression. I think the best way to avoid spending too much on gambling is to set your limit.

Waiting for a win is completely useless and to understand this it is enough to study the mathematical expectation in gambling. Maybe then you will not get negative emotions in case you lose. In gambling, happy is not the one who won and the one who learned how to enjoy the game itself.

[michellee]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

Yes, we are raised different, but we can touch every people with heart. So in this matter, if we can approach them softly, I am sure they will understand what we mean and they will listen to us and want to learn more about self-control. I believe that we have self control and we can learn it slowly, as long as we have a will to learn. If they can set their budget in gambling and have self control, they will not let that money is gone in the short term.

[Pmalek]

In the past, when I was much more into gambling on sports, I used to play with a bank of €1.000-€2.000. I looked for value bets and played only single events wagering €80 to €100 per selection. At the end of the month, I would calculate my profit and I found that to be working quite OK for a few months. Since I don't have the time to go that deep into match analysis as I did when I was younger, I had to give this up. I am now an occasional player. 

[Shasha80]

betting is extra fun for me, so my budget is just for fun
if going for a ride on the carousel costs 1 euro
for me it is equivalent, my bets are in the order of 2 euros or something more and games that I follow in some way

if today he plays the premier league of thailand, I don't make bets .. I don't follow those teams

sometime i bet on esport like league of legends

Playing gambling is supposed to be for fun, and we really have to provide a special budget for our fun. As you said maybe the gambling budget is
the same as the other fun budgets, and everyone has a different amount of budget. In accordance with the financial condition of each person,
it doesn't matter how much budget we allocate to playing gambling. The most important thing is that the budget we use does not use money
for daily needs.

[Cling18]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

Learning to control yourself and do the proper way of budgeting would take you away from gambling addiction. Yes, we're raised in different ways but we could change our path by handling things well. Allocating enough budget for gambling would help us control and spend our finances right. 5-10% I think is already enough to enjoy gambling.

[YOSHIE]

My wife and I agreed that 5% of my monthly wages will be on my own discretion meaning i can do anything from that.

Your wife thinks normally, indeed 5% of husband's income is a decision that must be made, sometimes I've also heard someone tell me of his 100% income, he only takes 20% for himself.

So, I want to ask you, your wife knows you gamble and use that 5% budget....

Because I have a friend caught his wife gambling, he only gives 50% every month to his wife, 50% he spends on betting in the end, it's a mess.

[Adzivu]

There is "liferoll" and "gambling bankroll".

Never take money for gambling from liferoll.

Maximum I bet on a single bet is  3% of my bankroll. That is very conservative way and I'm satisfied with it.

[Maus0728]

When I first started learning about bitcoin trading, I discovered something called Bankroll Management, which is comparable to how poker players manage their betting budget.

The idea is to have a main account with the majority of your money and a separate account with the remaining 10% of your main wallet. With this, you can reduce the risk of losing a huge sum of money by doing so, and you can play again at a later date.

I think it would be helpful if I can share this video with you guys.
[1] https://youtu.be/SPRWLe7Xw1w

[michellee]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

Learning to control yourself and do the proper way of budgeting would take you away from gambling addiction. Yes, we're raised in different ways but we could change our path by handling things well. Allocating enough budget for gambling would help us control and spend our finances right. 5-10% I think is already enough to enjoy gambling.

As long as we can handle ourselves in gambling, there is nothing to worry about because we will know when the budget has almost reached the limit and stop gambling. The allocating budget will help us to prevent losing all of the money. It is better to use not too big money to gamble because that will be enough for us to play gambling. We should prevent the sound in our head telling us to continue gambling because that can tempt you to use more money to gamble.

[Theones]

In the past, I didn't pay attention to how much money I spend on gambling, which from the time perspective I think was very reckless.
For several years, I have been trying to be very careful with gambling-related expenses.
If I don't have any additional bonuses or lucky winnings, the maximum amount I spend on gambling per month is not more than $150, but I often manage not to exceed even $100/month.

[bitzizzix]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

Learning to control yourself and do the proper way of budgeting would take you away from gambling addiction. Yes, we're raised in different ways but we could change our path by handling things well. Allocating enough budget for gambling would help us control and spend our finances right. 5-10% I think is already enough to enjoy gambling.

As long as we can handle ourselves in gambling, there is nothing to worry about because we will know when the budget has almost reached the limit and stop gambling. The allocating budget will help us to prevent losing all of the money. It is better to use not too big money to gamble because that will be enough for us to play gambling. We should prevent the sound in our head telling us to continue gambling because that can tempt you to use more money to gamble.

Being able to control yourself is the most important thing in playing gambling and being consistent with the budget that has been provided, win or lose you will stop with enough capital that you have provided and that is gambling for fun.
and allocate a sufficient budget and don't feel like adding it when you lose and can resist the urge to continue playing you will be far from losing a lot of money, you only rely on the capital that has been provided and if you lose you will stop according to the capital provided and if you win it's luck , and but don't keep playing if you win because if you keep playing you will still lose and try to stop when you win.

[hahay]

In the past, I didn't pay attention to how much money I spend on gambling, which from the time perspective I think was very reckless.
For several years, I have been trying to be very careful with gambling-related expenses.
If I don't have any additional bonuses or lucky winnings, the maximum amount I spend on gambling per month is not more than $150, but I often manage not to exceed even $100/month.

For me it is a big budget, because for me the budget for gambling should be kept to a minimum and then we can continue to use the funds for the next bet from the profits obtained. when I can make a win at the beginning with several wins to get back the initial capital, then I can gamble comfortably without any pressure. Therefore, I never use large capital to gamble, because it will only create stress when gambling.

[LogitechMouse]

TBH, I'm only using a small amount of my total salary for gambling but if you will ask about the budget none because I didn't put any budget for gambling purposes.

Whenever I gamble in the past, I will just deduct some of my expenses and that will be the money that I will be using in gambling. Luckily it didn't went to the point where I need to spend huge amounts of money just to recover my losses. I'm the type of gambler in the past where the money that I used in gambling will be the money that I will be ok if I lose it.

Different people have different betting budget. Just remember that just be ready for the worst case scenario and don't overspend in gambling because it might lead to serious things. Be disciplined

[michellee]

~snip

That will really help us decide, especially when we play gambling, as we can forget about the rule that we have and make us want to play more and more. We already see many people losing their money because they can not hold themselves and lose control. I am sure we will have a chance to control ourselves and reduce the emotion fast than the other people. Learning about discipline will help us reduce our tension and eliminate wanting to play for some more rounds.

It's not their fault, I mean we have been raised different and we have unique personality so I don't necessarily that we are same in terms of self control, the good news is that it can be learned and if you just put your heart into it, you will be able to do so.

Learning to control yourself and do the proper way of budgeting would take you away from gambling addiction. Yes, we're raised in different ways but we could change our path by handling things well. Allocating enough budget for gambling would help us control and spend our finances right. 5-10% I think is already enough to enjoy gambling.

As long as we can handle ourselves in gambling, there is nothing to worry about because we will know when the budget has almost reached the limit and stop gambling. The allocating budget will help us to prevent losing all of the money. It is better to use not too big money to gamble because that will be enough for us to play gambling. We should prevent the sound in our head telling us to continue gambling because that can tempt you to use more money to gamble.

Being able to control yourself is the most important thing in playing gambling and being consistent with the budget that has been provided, win or lose you will stop with enough capital that you have provided and that is gambling for fun.
and allocate a sufficient budget and don't feel like adding it when you lose and can resist the urge to continue playing you will be far from losing a lot of money, you only rely on the capital that has been provided and if you lose you will stop according to the capital provided and if you win it's luck , and but don't keep playing if you win because if you keep playing you will still lose and try to stop when you win.

Winning or losing will not matter for us who playing gambling without having tension to win or chase the money because what we want from gambling is having fun and enjoy the game. We can allocate some money to gamble but we must remember not to use the other money to continue playing gambling because we will never know if we can hold ourselves to stop gambling or temp us to playing more rounds. If somehow, we lose in that day, we need to get out from the casino and never look back because that can tempt us to deposit more money to continue gambling.

[qwertyup23]

In the past, I didn't pay attention to how much money I spend on gambling, which from the time perspective I think was very reckless.
For several years, I have been trying to be very careful with gambling-related expenses.
If I don't have any additional bonuses or lucky winnings, the maximum amount I spend on gambling per month is not more than $150, but I often manage not to exceed even $100/month.

For me it is a big budget, because for me the budget for gambling should be kept to a minimum and then we can continue to use the funds for the next bet from the profits obtained. when I can make a win at the beginning with several wins to get back the initial capital, then I can gamble comfortably without any pressure. Therefore, I never use large capital to gamble, because it will only create stress when gambling.

To be honest, this is easier said than done; that is why the best solution to this is to avoid bringing your cards and/or excess cash.

Only bring money that you are willing to lose. If not, you are open to the possibility of continuously betting especially if you experience a losing streak. You need to have control in your emotions since it can compel you to bet money more than you actually planned. That is why, bet with an open mind and heart- accept defeat if ever you lost all of your betting budget.

[ChiBitCTy]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc. I don’t personally set aside a percentage of my income for gambling, but I do know how much I can spend each month based off my budget: Well done!

[pawanjain]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc. I don’t personally set aside a percentage of my income for gambling, but I do know how much I can spend each month based off my budget: Well done!

Good to see a financial advisor among us. I can say that you don't gamble frequently because you know how much you can spend for gambling each month.
A person who know their limits stays in control most of the times. Even I had decided few months ago to keep a limit on my gambling.
Since then my gambling frequency has reduced quite a lot.

[BITCOIN4X]

So far I have not specifically limited the amount of budget I spend on gambling purposes. I have amount that vary from 10%-20% or more of my total earning on gambling which doesn't seem great to some. It's just that I don't use the money I get from my actual job for gambling because it seem like enough for me to just use it from the signature campaign revenue.

Because I gamble not because I want to win a lot of money, it is still very possible for me to use more than 20% for fun. Sometime I get bored due to the lack of profitability from the gambling I love and that can make me cut back on my budget.

[$crypto$]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc. I don’t personally set aside a percentage of my income for gambling, but I do know how much I can spend each month based off my budget: Well done!

Good to see a financial advisor among us. I can say that you don't gamble frequently because you know how much you can spend for gambling each month.
A person who know their limits stays in control most of the times. Even I had decided few months ago to keep a limit on my gambling.
Since then my gambling frequency has reduced quite a lot.

That's the importance of advisors around us to make ourselves aware when we forget to be in control of gambling I know this is very difficult but in particular they need to be able to limit it every month if it's not a real gambler, I'm sure of us can do this and the income is high What we use in gambling is extra money from various things such as signature campaigns and other income.

But sometimes I continue to be on the gambling board always this itching to play while the restrictions are over because the money to gamble has reached the limit but it is indeed difficult for all of this, but I can get out of this problem.

[RokokGudangGaram]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

[fullhdpixel]

When it comes to gambling, I have a big budget so I really don't worry if I go overboard because I sometimes don't spend it all that much because it's either late or I have other things to do.

I can only imagine that you have excellent control over your gambling because when I am playing and I am intensely involved, I guess even a million dollars would be busted within a few hours, hence I always deposit a small amount knowing that once I get going on a game, I cannot stop at will.

I don't have a set budget but it's mostly the leftover amount after the monthly spending and savings. I don't think anyone ever makes a budget for gambling specifically, it's just part of the money we spend on fun activities and there is usually no budget. At times when I am lucky and win something good, I cash it out and it directly goes to my savings.

[jaberwock]

My wife and I agreed that 5% of my monthly wages will be on my own discretion meaning i can do anything from that.

Your wife thinks normally, indeed 5% of husband's income is a decision that must be made, sometimes I've also heard someone tell me of his 100% income, he only takes 20% for himself.

So, I want to ask you, your wife knows you gamble and use that 5% budget....

Because I have a friend caught his wife gambling, he only gives 50% every month to his wife, 50% he spends on betting in the end, it's a mess.

I think the 5% he spends at his discretion is basically anything he wants, he can do anything with that amount. The daily needs and other essentials must be managed from that 95% and hence the wife has allowed him to spend 5% without asking where it goes.

You're right though that once the wife gets to know that the 5% is going towards gambling, it might be a mess because gambling is something wives consider bad for whatever reason.

I feel ironic that we husbands take 5-20% of our own money and yet feel worried about the wife not being upset of how we spent it.

[Mahanton]

My wife and I agreed that 5% of my monthly wages will be on my own discretion meaning i can do anything from that.

Your wife thinks normally, indeed 5% of husband's income is a decision that must be made, sometimes I've also heard someone tell me of his 100% income, he only takes 20% for himself.

So, I want to ask you, your wife knows you gamble and use that 5% budget....

Because I have a friend caught his wife gambling, he only gives 50% every month to his wife, 50% he spends on betting in the end, it's a mess.

I think the 5% he spends at his discretion is basically anything he wants, he can do anything with that amount. The daily needs and other essentials must be managed from that 95% and hence the wife has allowed him to spend 5% without asking where it goes.

You're right though that once the wife gets to know that the 5% is going towards gambling, it might be a mess because gambling is something wives consider bad for whatever reason.

I feel ironic that we husbands take 5-20% of our own money and yet feel worried about the wife not being upset of how we spent it.

5% on your monthly salary would really be the sweet spot on where you dont risk that much and would able to prioritize things.The issue here is on how someone would

really able to handle it out or does have that kind of discipline on oneself specially when they are already on the verge of chasing losses or addiction on which people
should really mind of and on the question about how much is my budget? It would be random but for sure it wont really be going above 10% of
my monthly salary and thats my limit.

[Rengga Jati]

Planning is just easy, doing it is another.

You are right. Although it will depend on each person who does that plan and also management, I also admit if sometimes there are difficulties and their own reasons why we can out of our plan. Especially if when we have begun to addicted gambling, we can really always out of plas in the reality if we can't control it. And maybe this will happen. So, start for ourselves in advance to be able to control and make good management of funds and our emotions.

[blockman]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

It is true, planning is just an idea that is made in our minds but applying it. That's when someone starts to have trouble and problems. But if you're very firm with planning, you will follow the budget that you set and you're going to be obedient with your plans because that's needed to be followed by you. Well, it's not you that have done that. Made a plan yet the plan wasn't followed for some reasons and the budget became more with gambling.

[BuNga_cute]

Planning is just easy, doing it is another.

You are right. Although it will depend on each person who does that plan and also management, I also admit if sometimes there are difficulties and their own reasons why we can out of our plan. Especially if when we have begun to addicted gambling, we can really always out of plas in the reality if we can't control it. And maybe this will happen. So, start for ourselves in advance to be able to control and make good management of funds and our emotions.

Indeed we do not always succeed in carrying out our plans well, sometimes there are reasons that make us get out of the plan we have set.
So it takes commitment and discipline to be able to follow the plan that we have made, indeed it is not easy and requires a process. But as long as
we have a strong intention within ourselves, we should be able to continue according to the plan we have made. Especially for those who are addicted
to gambling, I suggest they start to control themselves so they can be disciplined in carrying out the plans they have made.

[Vaskiy]

These days my campaign payments were my betting budget. It's been more than six consecutive weeks I haven't used my campaign payments for anything good or for my personal needs. I have some hope and go try for it. Finally ends up losing everything out of control. This should not happen with the gamblers. Apart from this I also wasted the monthly and weekly bonus.

[agustina2]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc.

It's good but can't actually follow in terms of gambling. As a financial advisor, you won't see anything related to gambling in terms of budget.

There's always an attempt after a budget has now been depleted. If they win, why should they stop, if they lose, they should cover it.

That's the reason why budgeting money in betting will not work in the long-run. The temptation is hard to resist.

[madnessteat]

^

The temptation will always be there, but the main task of the player and is not to go beyond the pre-planned budget. If a player observes this simple rule, he does not have any problems with gambling.

[harizen]

The temptation will always be there, but the main task of the player and is not to go beyond the pre-planned budget. If a player observes this simple rule, he does not have any problems with gambling.

It's easy to say but it's hard to do in reality.

I doubt that "main task" of not going beyond a pre-planned budget will always be applied properly by a gambler. Maybe it will work for a casual gambler or for those people who are not doing gambling that much.

But for a regular bettor, I will admit that any set budget for my particular session is not really working well. For example in my certain session, let's say I've already used all my funds, there's always a chance for me to exceed my budget bit by bit without realizing that I already spend lots. That's a reality for a regular bettor even how disciplined they are. Part of human nature in gambling.

[babo]

i want to add a consideratoin in this discussion

I have, as I said, a low budget (fun purpose)
this budget is fixed and I always lose money if I win, I simply postpone putting money

the budget helps not to overdo it
my two cents

[panjul07]

These days my campaign payments were my betting budget. It's been more than six consecutive weeks I haven't used my campaign payments for anything good or for my personal needs. I have some hope and go try for it. Finally ends up losing everything out of control. This should not happen with the gamblers. Apart from this I also wasted the monthly and weekly bonus.

Assuming that you have other steady income IRL and you use your campaign payment as your betting budget and you do it for fun, there is nothing wrong with it.
On the other side, if you lose what you earn from the campaign and it does affect your life economically then you do it really wrong.
In this case you should be able to divide what you earn from the campaign, lets say half for daily needs and the other half for gambling.

[Oshosondy]

The temptation will always be there, but the main task of the player and is not to go beyond the pre-planned budget. If a player observes this simple rule, he does not have any problems with gambling.

Yes, this is true, I agree. Many punters go beyond what they pre-planned already to bet with, this is not right, it is wrong, if a gambler has already lost the pre-planned budget, he should just leave gambling at that moment for wrong mind and emotion not to set, this is the weakest period for gamblers and can result to losses of most or all their money.

But we still need to consider and talk about the planned amount, it should not be too much which is what we are considering on this thread, some gamblers can have a pre-planned budget that can even result to depression if they lost the money to gambling or anything, this is also wrong, the budget should be little and gambling should be taken for fun and entertainment.

[Ucy]

Regularly spending 3-5% of your monthly income on betting games/competitions maybe consider gambling especially if it doesn't earn you consistent profits and if it's unsafe/bad games or competitions.
I would probably set aside less than that on games/competitions I depend on for luck to win or those I'm not skilled in until develop some strategies that earn me consistent profit.
I think a safe start maybe 0%—2% of your income and I will gradually adjust that depending on how well I do with my bets,.


I wouldn't advice anyone to take big risk or gamble with their funds or life.
Practice Safe Bets all the time
*it's equally a gamble to spend hugh amount of money on things you don't need or even spending on things that can cause you problems. Your intentions for betting should be good if you want to be lucky.

Bet but don't gamble.

[traderethereum]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc.

It's good but can't actually follow in terms of gambling. As a financial advisor, you won't see anything related to gambling in terms of budget.

There's always an attempt after a budget has now been depleted. If they win, why should they stop, if they lose, they should cover it.

That's the reason why budgeting money in betting will not work in the long-run. The temptation is hard to resist.

Budgeting money will need the discipline to work for a long time.
If they can not manage their budget and do not have discipline, they do not have to try playing gambling and never try to visit only to watch the games.
If they insist on seeing how gambling works, they will attempt to try playing gambling and for some time, they will see that it is easy for them to gamble.
But in the long term, he will get deeper into gambling games without realizes and can not leave gambling easy.

[babo]

yes i agree with you

Budgeting money will need the discipline to work for a long time.
If they can not manage their budget and do not have discipline, they do not have to try playing gambling and never try to visit only to watch the games.
If they insist on seeing how gambling works, they will attempt to try playing gambling and for some time, they will see that it is easy for them to gamble.
But in the long term, he will get deeper into gambling games without realizes and can not leave gambling easy.

but this is valid always and for whatever you do
to have a business such as a shop
to work as a freelancer

you need to have a budget and be disciplined

is better for ALL kind of activities with money

[macson]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc. I don’t personally set aside a percentage of my income for gambling, but I do know how much I can spend each month based off my budget: Well done!

nice words, i did this too....i never limit how much money i spend on gambling, i'm just worried that i can't control myself.  i'm also not a heavy gambler, i only play when i'm in the mood, so i can control how much i spend every month.

[Alisha-k]

Since you set aside a budget for your betting, it only means you really plan things, and it would appear like you organized all that you want to do.  Most of the gamblers I met don't do that. Often times they tell me it's just their extra money that they are spending.

I don't plan to gamble, I just do it whenever I feel like but it rarely happens because I only bet nowadays to boxing and MMA.

I strongly believe planning helps manage funds. Spending at random amount might make you surpass your income or spend more on gambling and what if you weren't bluvky although that period it might end in excessive losses putting you in debt in most cases. For me I plan my gambling and have a specific budget for it every week

[KTChampions]

Assuming that you have other steady income IRL and you use your campaign payment as your betting budget and you do it for fun, there is nothing wrong with it.
On the other side, if you lose what you earn from the campaign and it does affect your life economically then you do it really wrong.
In this case you should be able to divide what you earn from the campaign, lets say half for daily needs and the other half for gambling.

I think that the earnings from the signature campaign are intended for this - to be easily spent. This is just a nice bonus for chatting on the forum, but not work. Even living in a backward country with low salaries, I believe that if someone considers payments from a signature campaign as earnings, this is a serious problem. We all need more serious income.

[pawanjain]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

[KTChampions]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

[Kelvinid]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money.

[pawanjain]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money.

The number of people making money in gambling is way too less than the ones losing money.
Happy for you that you are making money in gambling. Mind sharing your strategies 
It's hard to stay in profits in gambling as it requires strong will power and control on yourself.
Decreasing the amount is the best bet when it comes to continuously losing in gambling.

[Questat]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money.

The number of people making money in gambling is way too less than the ones losing money.
Happy for you that you are making money in gambling. Mind sharing your strategies 
It's hard to stay in profits in gambling as it requires strong will power and control on yourself.
Decreasing the amount is the best bet when it comes to continuously losing in gambling.

Obviously, otherwise, casinos and other gambling platforms would not survive, the fact that the gambling industry is a booming industry, only tells us that they are making money consistently while majority of the gamblers are experiencing the opposite thing.

[RealMalatesta]

If it's not a secret, how long is this agreement valid and what are your gambling statistics? Does it happen that in some month you find yourself in the black and instead of spending money you get it? And accordingly, if this happens, how do you dispose of these unexpected winnings?

Haha, I'll wait for him to answer but I guess the agreement is valid and peaceful as long as he is earning good and the expenses are well under control. Once the monthly expenses are higher but unfortunately the wages are not sufficient for management, the agreement will come to a halt .

In the past, when I was much more into gambling on sports, I used to play with a bank of €1.000-€2.000. I looked for value bets and played only single events wagering €80 to €100 per selection. At the end of the month, I would calculate my profit and I found that to be working quite OK for a few months. Since I don't have the time to go that deep into match analysis as I did when I was younger, I had to give this up. I am now an occasional player. 

You must be a great sports bettor then because when I am betting on sports, I am just losing my wallet quickly. I guess since you don't have that much time, it might not be a bad idea to become a tipster because we have very few legit tipsters in the bitcoin gambling industry and there's always need for more good ones. And in case you don't know, people earn really good being a tipster.

[Fredomago]

The number of people making money in gambling is way too less than the ones losing money.

No question about that! There are few who manage to win against the house compared with those who losses a lot.

Happy for you that you are making money in gambling. Mind sharing your strategies 

If possible, I also wanted to learn from you 

It's hard to stay in profits in gambling as it requires strong will power and control on yourself.

Determination and how keen you are to find the right system to increase the chance of winning.

Decreasing the amount is the best bet when it comes to continuously losing in gambling.

Taking some time to stay away is also a good strategy to lessen those huge losses when the outcome is mostly not favoring you.

[FatFork]

The number of people making money in gambling is way too less than the ones losing money.

Or to paraphrase a famous movie quote:
"Logic clearly dictates that the losses of the many outweigh the winnings of the few." 

It's hard to stay in profits in gambling as it requires strong will power and control on yourself.
Decreasing the amount is the best bet when it comes to continuously losing in gambling.

Yeah. There are times when the losing streak persists, so the best thing to do is just quit and try again the next day.

[KTChampions]

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money.

I knew several gamblers who made money on gambling, but this was earnings ON gambling and not IN gambling. I hope the language barrier didn't stop me from showing the difference. Almost all players on the distance (which means all regular players) are in the red, so I see no reason to talk about the difference that could be if a person suddenly plays profitably.

If it's not a secret, how long is this agreement valid and what are your gambling statistics? Does it happen that in some month you find yourself in the black and instead of spending money you get it? And accordingly, if this happens, how do you dispose of these unexpected winnings?

Haha, I'll wait for him to answer but I guess the agreement is valid and peaceful as long as he is earning good and the expenses are well under control. Once the monthly expenses are higher but unfortunately the wages are not sufficient for management, the agreement will come to a halt .

In fact, 5% is not a critical level if everything is in order with income, but it is clear that if a family begins to experience financial difficulties, then it is necessary to reduce all unnecessary expenses, which gambling is.

[johhnyUA]

you need to have a budget and be disciplined

is better for ALL kind of activities with money

Yep, as it said: "Millionaire is the person that count even coins"
And adding from myself: "And the one who in store with his own shopping bag"  

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

[Fatunad]

Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.

Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future.
I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns.
This way you will still be gambling while investing and having a better future.

Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income.

For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money.

The number of people making money in gambling is way too less than the ones losing money.
Happy for you that you are making money in gambling. Mind sharing your strategies 
It's hard to stay in profits in gambling as it requires strong will power and control on yourself.
Decreasing the amount is the best bet when it comes to continuously losing in gambling.

Obviously, otherwise, casinos and other gambling platforms would not survive, the fact that the gambling industry is a booming industry, only tells us that they are making money consistently while majority of the gamblers are experiencing the opposite thing.

We wont see a booming industry if  people arent doing the opposite thing.This do implies that there are lots who had been spending more money in gambling which did really make out big revenue
into these  businesses which is quite obvious or evident.When it comes to budget then its a personal choice  because we do have different situations in  terms of spending or expenses or simply
on how we do live our life which simply differs with the capacity we do have on various things this is why its really hard to tell about average bets or something like that
because decision making  will really be different.

[Pmalek]

You must be a great sports bettor then because when I am betting on sports, I am just losing my wallet quickly. I guess since you don't have that much time, it might not be a bad idea to become a tipster because we have very few legit tipsters in the bitcoin gambling industry and there's always need for more good ones.

I have never really considered doing that. I know some people who tried being tipsters and it's all milk and honey when your tips are winning, but as soon as you start losing or end up in a negative streak, your customers start blaming you. Some guys have received threats as well.

When I said I don't have that much time, I also meant I don't follow sports as closely as I did in the past and have less interest in analyzing teams and their performances to have the data to be a profitable tipster. 

[traderethereum]

yes i agree with you

Budgeting money will need the discipline to work for a long time.
If they can not manage their budget and do not have discipline, they do not have to try playing gambling and never try to visit only to watch the games.
If they insist on seeing how gambling works, they will attempt to try playing gambling and for some time, they will see that it is easy for them to gamble.
But in the long term, he will get deeper into gambling games without realizes and can not leave gambling easy.

but this is valid always and for whatever you do
to have a business such as a shop
to work as a freelancer

you need to have a budget and be disciplined

is better for ALL kind of activities with money

Yes, all activities need to have a budget and be disciplined, which could be the key to achieving what we want.
But in the gambling business, if you are a gambler, you need two things to control you from losing the money.
When you can control your money in any activities, you will see that you still have the money that you can use for other things or maybe you can save the money for your future.
Budgeting will help us know which thing we need to reduce or calculate to not over budget.

[peter0425]

There is "liferoll" and "gambling bankroll".

Never take money for gambling from liferoll.

Maximum I bet on a single bet is  3% of my bankroll. That is very conservative way and I'm satisfied with it.

Life roll means outside funds? the money in which not intended for gambling that sometime addicted gamblers uses also to risk ?

Never use the Money that dedicated in other obligation and only use the Money you can afford to lose and gamble.
Actually in Us crypto investors? we had already Knew that because we have a golden rules that "Invest only the funds we can afford to lose".

[Sanitough]

There is "liferoll" and "gambling bankroll".

Never take money for gambling from liferoll.

Maximum I bet on a single bet is  3% of my bankroll. That is very conservative way and I'm satisfied with it.

Life roll means outside funds? the money in which not intended for gambling that sometime addicted gamblers uses also to risk ?

Never use the Money that dedicated in other obligation and only use the Money you can afford to lose and gamble.
Actually in Us crypto investors? we had already Knew that because we have a golden rules that "Invest only the funds we can afford to lose".

That has to be followed all the time, if you break that rules, then you are at big risk of losing your money, worst is you can ruin your life. Regardless of our financial status, we still have to stick with that golden rules as the poor could get poorer while the rich could end up homeless if we are not responsible.

[pawanjain]

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

Exactly! I personally think even 10% is a big amount because at the end we tend to lose most of the times.
Whenever I gamble I assume that the amount I am depositing to gamble is lost since no matter how hard I try at the end I lose all of it.
So why not decrease the amount and lose a comparatively smaller amount since it doesn't change the gameplay in any way.

Speaking of the same how much % of your total income do you put into gambling ?

[Oasisman]

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

Speaking of the same how much % of your total income do you put into gambling ?

It should have no specific amount, instead you only put money on gambling when you have spare money after you paid all your bills, necessities, and mortgage.
There should always be no budget for gambling purposes. It would always come randomly when you have extra money to spend on unnecessary things.
If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

We all have different perspective and income range anyway, but gambling with huge amount has never been a good idea no matter how rich you are.

[$crypto$]

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

Exactly! I personally think even 10% is a big amount because at the end we tend to lose most of the times.
Whenever I gamble I assume that the amount I am depositing to gamble is lost since no matter how hard I try at the end I lose all of it.
So why not decrease the amount and lose a comparatively smaller amount since it doesn't change the gameplay in any way.

That's right, if you expect more then it's impossible, you will definitely lose in the end, so with the total allocated to gambling as much as possible, it means not charging other savings just because you bet big because it will disappear after you are no longer lucky.
I also assume same that what is deposited on average does not reverse the recovery, only the loss that occurs but as this goes without a burden so regret is no longer in my heart.
Gambling is instead placing your luck in a casino game.

[South Park]

Since you set aside a budget for your betting, it only means you really plan things, and it would appear like you organized all that you want to do.  Most of the gamblers I met don't do that. Often times they tell me it's just their extra money that they are spending.

I don't plan to gamble, I just do it whenever I feel like but it rarely happens because I only bet nowadays to boxing and MMA.

I strongly believe planning helps manage funds. Spending at random amount might make you surpass your income or spend more on gambling and what if you weren't bluvky although that period it might end in excessive losses putting you in debt in most cases. For me I plan my gambling and have a specific budget for it every week

Having a budget is important after all it is very difficult to save money when you are not tracing where your money is going, and once you do you will be surprised to see where it is going, and the same applies to gambling, I really believe that many people do not want to do this exercise because they are afraid they are going to find out they are spending too much money in their gambling hobby if they do so, but the longer you delay making a budget the worse that number will become.

[AverageGlabella]

If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

Not true. Not everyone is addicted because they use it as recreational that it like saying if you save some of your money for alcohol or games on the weekend that is addiction when its not. Addiction is a medical condition when it starts to effect your body or health which is not the case if you are saving only a fraction of what you earn. 

[AverageGlabella]

However, there’s no sense in setting a gambling budget if you’re going to break your own rules when you play through the money you’ve set aside for gambling.

If you want to make gambling a long-term hobby, make sure you never gamble with more money than you’re willing to part from.

For online gambling you can set your own budgets on most good websites and you will not be able to break it because if you want to remove it because you feel the urge to make another bet you have to do it 24 hours before which helps take you out of that betting fever.

[Desmong]

If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

Not true. Not everyone is addicted because they use it as recreational that it like saying if you save some of your money for alcohol or games on the weekend that is addiction when its not. Addiction is a medical condition when it starts to effect your body or health which is not the case if you are saving only a fraction of what you earn. 

Addiction entails the continuity in doing something or exhibit a kind of behavior. It is continuous and very hard to stop especially if it is a bad habit. Gambling addiction is very sophisticated and uneasy to stop if the feelings of greed or money altitude still encompasses one faculty. This is why budge is very important in gambling to avoid using excess money to gamble without being alerted because of how it can be intoxicating.

[KTChampions]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

However, there’s no sense in setting a gambling budget if you’re going to break your own rules when you play through the money you’ve set aside for gambling.

If you want to make gambling a long-term hobby, make sure you never gamble with more money than you’re willing to part from.

I can assume that a gambler who regularly violates his budget allocated for the game will not be able to enjoy this hobby for a long time, since he will very quickly lose all the money  And after that, he will have other problems - to get rid of gambling addiction and engage in earning money to improve his financial situation.

[ReiMomo]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

However, there’s no sense in setting a gambling budget if you’re going to break your own rules when you play through the money you’ve set aside for gambling.

If you want to make gambling a long-term hobby, make sure you never gamble with more money than you’re willing to part from.

I can assume that a gambler who regularly violates his budget allocated for the game will not be able to enjoy this hobby for a long time, since he will very quickly lose all the money   And after that, he will have other problems - to get rid of gambling addiction and engage in earning money to improve his financial situation.

How many gambler try to stick with their regular budget on gambling even if they see others earn more from investing more than their regular budget. Here where they fall in to invest more than what they regular do. This becomes an addiction when they see a profit few times from the extra investment. Self control can only cure oneself from addiction.

[Oasisman]

If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

Not true. Not everyone is addicted because they use it as recreational that it like saying if you save some of your money for alcohol or games on the weekend that is addiction when its not. Addiction is a medical condition when it starts to effect your body or health which is not the case if you are saving only a fraction of what you earn. 

If you carefully read my statement I said "you're slowly drowning yourself into addiction." that doesn't mean you'll get addicted right away. The length of time may differ, and the chances of you not getting addicted is still there.
What I'm trying to say is that, If you make a budget specifically intended for gambling, It could lead you to addiction, that's the same reason why I said, there should be no specific amount you save intended for gambling.
Nevertheless, you're right addiction is a mental condition that a person is somehow unaware of that he's already been addicted.

[btc78]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

Because if you are stupid enough to not having concern of you Money to place on gambling then you will always be a total loser as sooner addiction will come your way.

However, there’s no sense in setting a gambling budget if you’re going to break your own rules when you play through the money you’ve set aside for gambling.

That is why we are setting budget because we will obliged to follow that because if not? then best to not set at all 

If you want to make gambling a long-term hobby, make sure you never gamble with more money than you’re willing to part from.

and also put a limit on how much are you willing to win because if not then you will continue to lose each time and has no value of learning when to stand up and quit.

[Xinarae*]

As a financial advisor I love seeing stuff like this. It is imperative that everyone sets up a spending budget. It’s a great way of making sure that you are spending money how you should be, making sure you aren’t spending too much etc. I don’t personally set aside a percentage of my income for gambling, but I do know how much I can spend each month based off my budget: Well done!

nice words, i did this too....i never limit how much money i spend on gambling, i'm just worried that i can't control myself.  i'm also not a heavy gambler, i only play when i'm in the mood, so i can control how much i spend every month.

It is best to spend as much as you can to gamble too much addiction is harmful to human life. If you spend every month from your own income the risk is less here given how to properly place your bets to play and win in any office it is better to choose which sports betting strategy exists and which office.

[Bitinity]

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

Speaking of the same how much % of your total income do you put into gambling ?

It should have no specific amount, instead you only put money on gambling when you have spare money after you paid all your bills, necessities, and mortgage.
There should always be no budget for gambling purposes. It would always come randomly when you have extra money to spend on unnecessary things.
If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

We all have different perspective and income range anyway, but gambling with huge amount has never been a good idea no matter how rich you are.

Having specific amount would be better imo as long as he can stick on that number anytime he is going to gamble. Also, setting our budget for gambling lets say 1% of our monthly salary does no mean that we should spend it every month. It is just a limit anytime we are going to gamble. In other side, if you spend the spare money after paying daily/monthly needs, it can be something big depends on your monthly income and your expenses. i.e Your monthly income is $10k and your expenses for a month is $5k, means that you have $5k spare money to gamble. In this case, having a limit such as 1% is better because you will spend $100 only. Coming up to the chance of getting addicted, no mattter you use spare money only or you have a monthly limit, it can lead you into addiction if you cant control yourself.

[tabas]

It is best to spend as much as you can to gamble too much addiction is harmful to human life.

I guess you need to put some pause with your sentence as I don't understand if you're encouraging somebody to gamble as much as they can so they will become addicted.

If you spend every month from your own income the risk is less here given how to properly place your bets to play and win in any office it is better to choose which sports betting strategy exists and which office.

The risk will remain the same whether you use your monthly income or your savings.

[Karartma1]

I don't bet more than $10 weekly since a long time. I used to bet over $250 per week but that was 5 years ago, I can't afford to lose that much anymore. I improved my betting too, as I'm more conscious about my gambling habits and I'm very careful not to transform them into an addiction.

[KTChampions]

I can assume that a gambler who regularly violates his budget allocated for the game will not be able to enjoy this hobby for a long time, since he will very quickly lose all the money   And after that, he will have other problems - to get rid of gambling addiction and engage in earning money to improve his financial situation.

How many gambler try to stick with their regular budget on gambling even if they see others earn more from investing more than their regular budget. Here where they fall in to invest more than what they regular do. This becomes an addiction when they see a profit few times from the extra investment. Self control can only cure oneself from addiction.

Usually, in most cases, additional investments in gambling only lead to additional losses. But you are right that those gamblers who are "lucky" to win by making an unnecessary spend become addicted and in the future they try to repeat this move, but only lose extra money. This is that paradoxical case when luck plays against a gambler, it is much more profitable to lose and immediately understand your mistakes and not repeat them anymore than to be lucky once and in the future it is futile to hope for luck again and again.

[FIFA worldcup]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

[KTChampions]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

What's the point in these numbers without specifying what percentage of income they are? In some countries, $ 500 is a monthly salary, and in some it is just a week's salary. The standard of living is too different, therefore, it is more correct to indicate the percentage of income, so it is immediately clear how much a person loves gambling.

[FIFA worldcup]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

What's the point in these numbers without specifying what percentage of income they are? In some countries, $ 500 is a monthly salary, and in some it is just a week's salary. The standard of living is too different, therefore, it is more correct to indicate the percentage of income, so it is immediately clear how much a person loves gambling.

Yes, thanks for pointing this out.  I would rephrase my question as "what percentage of your income do you allocate to gambling or betting" ?

Also another question arises here that whether the people who have higher standard of living are more involved in gambling ?

[Dread Pirate Roberts]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

I think many casinos now are concerned about this and they provide something like vault system to people can maintain their money. and it's true self control is very important in managing anything. Back to the initial point in the betting budget, it all depends on the individual and their goals. if for fun maybe only a few % for their asset but for those who are looking for profit most of them put big capital for sure.

[Twinkledoe]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

I think many casinos now are concerned about this and they provide something like vault system to people can maintain their money. and it's true self control is very important in managing anything. Back to the initial point in the betting budget, it all depends on the individual and their goals. if for fun maybe only a few % for their asset but for those who are looking for profit most of them put big capital for sure.

It really is, if you are a high or low roller and of course, your financial situation. It is hard to bet big if you are just relying from your work money. A lot of high rollers have their own businesses. In my case, I'm just a small time player, using only extra funds to bet. So whenever I log in, I know already how much I can "waste" on the games. I say "waste" because most of the time, I will use all my funds that I deposit before I stop playing.

[hahay]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

I think many casinos now are concerned about this and they provide something like vault system to people can maintain their money. and it's true self control is very important in managing anything. Back to the initial point in the betting budget, it all depends on the individual and their goals. if for fun maybe only a few % for their asset but for those who are looking for profit most of them put big capital for sure.

It really is, if you are a high or low roller and of course, your financial situation. It is hard to bet big if you are just relying from your work money. A lot of high rollers have their own businesses. In my case, I'm just a small time player, using only extra funds to bet. So whenever I log in, I know already how much I can "waste" on the games. I say "waste" because most of the time, I will use all my funds that I deposit before I stop playing.

For me, gamblers with a short time with little money are still possible to aim for profit, so big and small money management must still be considered. Because with such discipline at least the budget for gambling can be minimized and not maximized, because if you think a small budget is just a waste it allows you to continue to make small but frequent deposits. This will actually be more dangerous for your finances.

[ethereumhunter]

Managing your money at a casino requires self-control. Nice to see that you have full control over your money reserved for gambling purpose. Successful casino gamblers understand the math and odds behind the games, but discipline with money is also critical.

I think many casinos now are concerned about this and they provide something like vault system to people can maintain their money. and it's true self control is very important in managing anything. Back to the initial point in the betting budget, it all depends on the individual and their goals. if for fun maybe only a few % for their asset but for those who are looking for profit most of them put big capital for sure.

It really is, if you are a high or low roller and of course, your financial situation. It is hard to bet big if you are just relying from your work money. A lot of high rollers have their own businesses. In my case, I'm just a small time player, using only extra funds to bet. So whenever I log in, I know already how much I can "waste" on the games. I say "waste" because most of the time, I will use all my funds that I deposit before I stop playing.

For me, gamblers with a short time with little money are still possible to aim for profit, so big and small money management must still be considered. Because with such discipline at least the budget for gambling can be minimized and not maximized, because if you think a small budget is just a waste it allows you to continue to make small but frequent deposits. This will actually be more dangerous for your finances.

Those gamblers can aim for profit, but they need to realize the other thing, such as luck, because no matter what, we need the luck to profit from gambling games. And with discipline and self-control, that will make us know when to stop playing and do not spend more money because that will add more risk. Playing gambling with a small budget is okay as we are afraid to lose much money, which the gambler should do. As long as we can manage the money for playing gambling, that will not be a problem.

[KTChampions]

What's the point in these numbers without specifying what percentage of income they are? In some countries, $ 500 is a monthly salary, and in some it is just a week's salary. The standard of living is too different, therefore, it is more correct to indicate the percentage of income, so it is immediately clear how much a person loves gambling.

Yes, thanks for pointing this out.  I would rephrase my question as "what percentage of your income do you allocate to gambling or betting" ?

Also another question arises here that whether the people who have higher standard of living are more involved in gambling ?

Speaking for myself, this is no more than 5% of the total income per month. Considering that I am not a very active gambler, I do not spend this amount every month, sometimes I don’t play for several months in a row. And I noticed that this percentage is roughly the balance point that is often mentioned in this topic.

[3meek]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

I'm not a rich man, but I'm not poor without money either... Sometimes my budget is $200-300, but sometimes I also make a bet the size of my budget... For me betting is more fun than a way of making money... I think the budget is controlled by professional gamblers and not amateurs like me...

[pawanjain]

I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)

Speaking of the same how much % of your total income do you put into gambling ?

It should have no specific amount, instead you only put money on gambling when you have spare money after you paid all your bills, necessities, and mortgage.
There should always be no budget for gambling purposes. It would always come randomly when you have extra money to spend on unnecessary things.
If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

We all have different perspective and income range anyway, but gambling with huge amount has never been a good idea no matter how rich you are.

Having specific amount would be better imo as long as he can stick on that number anytime he is going to gamble. Also, setting our budget for gambling lets say 1% of our monthly salary does no mean that we should spend it every month. It is just a limit anytime we are going to gamble. In other side, if you spend the spare money after paying daily/monthly needs, it can be something big depends on your monthly income and your expenses. i.e Your monthly income is $10k and your expenses for a month is $5k, means that you have $5k spare money to gamble. In this case, having a limit such as 1% is better because you will spend $100 only. Coming up to the chance of getting addicted, no mattter you use spare money only or you have a monthly limit, it can lead you into addiction if you cant control yourself.

I would agree to that. Having a fixed limit for gambling is always a good option so that we do not lose more than we could afford.
At the same time it does not mean that we gamble frequently since that can lead to addiction.
We can restrict ourselves from gambling frequently and gamble only when we have extra money to gamble with while still limiting it to a fixed amount.

[Fredomago]

I would agree to that. Having a fixed limit for gambling is always a good option so that we do not lose more than we could afford.
At the same time it does not mean that we gamble frequently since that can lead to addiction.
We can restrict ourselves from gambling frequently and gamble only when we have extra money to gamble with while still limiting it to a fixed amount.

It helps a lot as you can continue your life without worrying that you spend such amount that you can't let go, budgeting and setting your limits is also very effective way to avoid getting addicted.

Using amount that you are willing to let go won't ask you to deposit for more, I mean if your bankroll already wipe out, you can exit the gambling house without thinking of adding more fund to play again and try finding your luck.

Exit with enjoyment and contentment whatever the result it brings you.

[madnessteat]

I think in addition to limiting the budget for games there is another good way to minimize the emergence of gambling addiction. It is about abstaining from any gambling for a certain period (everyone defines this period independently).

For example, if you usually play once a week on Sundays then try to abstain from playing on the next Sunday and devote this time to family friends or other favorite things.

[STT]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

[RealMalatesta]

Those gamblers can aim for profit, but they need to realize the other thing, such as luck, because no matter what, we need the luck to profit from gambling games. And with discipline and self-control, that will make us know when to stop playing and do not spend more money because that will add more risk. Playing gambling with a small budget is okay as we are afraid to lose much money, which the gambler should do. As long as we can manage the money for playing gambling, that will not be a problem.

This is basically just the extra part of the world of gambling instead of the usual known things. Sure luck plays a part for everyone but there is no need to say that if it works for everyone, we need to focus on the fact that experience and talent plays a big role because that is not at everyone, it is only applied to certain people.

These are not really very important things in life that you should be focusing on of course, it is gambling and you should only leave a small amount of time to gambling, if you make it a big deal for you then you are not going to be happy with the result neither, it is going to bog you down and it will make you miserable. Any veteran would know that if you are gambling more frequently than 2 days a week then you are making gambling a life style and that is going to hurt you in the long run, nobody would want that to happen.

[Yamifoud]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

Budgeting is necessary because you cannot follow the rules which is to gamble what you can afford, when you say "you can afford" that means there's a figure that you  should know and you should not spend or risk money beyond that amount.

[peter0425]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

I'm not a rich man, but I'm not poor without money either... Sometimes my budget is $200-300, but sometimes I also make a bet the size of my budget... For me betting is more fun than a way of making money... I think the budget is controlled by professional gamblers and not amateurs like me...

Controlling means we  are funding according to how much we can afford to spend and since you have yours then you are not different from those who has controls in their gambling budgets.

[stadus]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

I'm not a rich man, but I'm not poor without money either... Sometimes my budget is $200-300, but sometimes I also make a bet the size of my budget... For me betting is more fun than a way of making money... I think the budget is controlled by professional gamblers and not amateurs like me...

Controlling means we  are funding according to how much we can afford to spend and since you have yours then you are not different from those who has controls in their gambling budgets.

Your budget depends on your income, if you are a billionaire, you can afford to gamble millions or hundreds of thousands of dollars, but for other people, this is already a huge amount of moment that could change their lives. We don't have different financial status in life, but our bet should not be big in order to enjoy gambling, we just have to gamble based on our range.

[ReiMomo]

I think in addition to limiting the budget for games there is another good way to minimize the emergence of gambling addiction. It is about abstaining from any gambling for a certain period (everyone defines this period independently).

For example, if you usually play once a week on Sundays then try to abstain from playing on the next Sunday and devote this time to family friends or other favorite things.

A good suggestion to even get out of addiction. If one is able to successfully follow what you said, then slowly he can try to avoid multiple attempts. Its not going to happen over night , but yes it would be easier when its practiced constantly. Instead of separating a percentage of income for gambling, its well appreciated that this percentage is spent for other good things which would really satisfy the family. Slowly the percentage amount taken for gambling can be reduced and diverted into some other priority stuffs.  

[finaleshot2016]

I think in addition to limiting the budget for games there is another good way to minimize the emergence of gambling addiction. It is about abstaining from any gambling for a certain period (everyone defines this period independently).

For example, if you usually play once a week on Sundays then try to abstain from playing on the next Sunday and devote this time to family friends or other favorite things.

A good suggestion to even get out of addiction. If one is able to successfully follow what you said, then slowly he can try to avoid multiple attempts. Its not going to happen over night , but yes it would be easier when its practiced constantly. Instead of separating a percentage of income for gambling, its well appreciated that this percentage is spent for other good things which would really satisfy the family. Slowly the percentage amount taken for gambling can be reduced and diverted into some other priority stuffs.  

Yes, it is preferable to practice and keep self-discipline so that you can concentrate on other things except gambling. It is extremely difficult to recover from addiction, but if you put forth the effort and time to help others, you will be successful. There are several ways to spend your money, as well as numerous forms of amusement that will improve your mental health. Gambling should be entertaining for you, not a way to get rich or make money by chasing the win because, in that way, it'll trigger your addiction to gambling.

[goinmerry]

Budgeting is necessary because you cannot follow the rules which is to gamble what you can afford, when you say "you can afford" that means there's a figure that you  should know and you should not spend or risk money beyond that amount.

You can still follow the path of affording to lose the amount you used on gambling without making a budget dedicated for betting.

Sometimes, the more you dedicate a budget for it, the less chance you follow it since while doing gambling, you are happy especially when winning so you want just to play and once you are on a losing streak, there's a thing in your mind that we need to gamble more so that we can cover the losses.

Just be to yourself. Chillax and relax no matter how hard it is when losing. In that way, even we don't set a budget, we can minimize the amount we probably have to lose if we continue.

[South Park]

If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction.

Not true. Not everyone is addicted because they use it as recreational that it like saying if you save some of your money for alcohol or games on the weekend that is addiction when its not. Addiction is a medical condition when it starts to effect your body or health which is not the case if you are saving only a fraction of what you earn. 

If you carefully read my statement I said "you're slowly drowning yourself into addiction." that doesn't mean you'll get addicted right away. The length of time may differ, and the chances of you not getting addicted is still there.
What I'm trying to say is that, If you make a budget specifically intended for gambling, It could lead you to addiction, that's the same reason why I said, there should be no specific amount you save intended for gambling.
Nevertheless, you're right addiction is a mental condition that a person is somehow unaware of that he's already been addicted.

I do not know, to me it makes more sense to have a budget precisely to avoid losing control of your gambling, after all if you take care of all your needs and responsibilities and you assign a small portion of your disposable income towards gambling and you never go above it and you always respect it then the chances that you will develop any kind of psychological need to gamble will not be there as by limiting the money you spend when you gamble you are also limiting the time you are exposing yourself playing the games.

[Fredomago]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

Budgeting is necessary because you cannot follow the rules which is to gamble what you can afford, when you say "you can afford" that means there's a figure that you  should know and you should not spend or risk money beyond that amount.

Important piece of enjoying while you are into this entertainment, budgetting will give you more time as you don't

need to spent everything at once, you can limit yourself to use portions of your bankroll and after that you need to stop.

If you managed to control this and you are good working with the system, it will increase your chance to win if each time you are done,
you learn something and use it in your next game.

[blockman]

Budgeting is necessary because you cannot follow the rules which is to gamble what you can afford, when you say "you can afford" that means there's a figure that you  should know and you should not spend or risk money beyond that amount.

Yes, when you say about that famous line that we usually say to the other gamblers and the newbies, there's a figure and amount involved in it and that's why budgeting for your bets is very needed. You only spend according to the budget that you have made and there's no overtaking on it and when you run out of funds or budget, that's the time an indicator that you need to take a rest. No more next rounds for that day unless you have another additional budget within the next days or for that particular day but that would be crazy if that's for within the day too.

[Mahanton]

Just a general question regarding the betting budget. How much budget do you allocate or afford to risk in betting ?  100$, 500$, 1000$ or maybe even more ?  Also if you are rich you can afford to play with more money as compare to the person who is living hand to mouth.

I'm not a rich man, but I'm not poor without money either... Sometimes my budget is $200-300, but sometimes I also make a bet the size of my budget... For me betting is more fun than a way of making money... I think the budget is controlled by professional gamblers and not amateurs like me...

Doesnt really need to be an amateur or professional because we do have our own will when it comes to self control.If you do not intent on spending that much then thats already signifies that you are in good control of your finances which is mostly where people do really fail to do so.Betting budget would really be depending on someones financial capacity or income that they do have.Some do tend to gamble just to earn more or simply
making it as an another source of income which is really a very wrong mindset to have because it isnt really just possible for it to be a source of income but rather its just created for entertainment.
You would really be just wrecking up yourself if you do have this kind of mindset.

[Rigon]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

[Slow death]

I did the following at first:

I took $50 and set it as my bankroll value, and I put $5 to bet on each game, if I realized that of the several games of the weekend I had a chance to hit 3 of them then I would bet on 3 games, if I realized I had a chance of hitting 6 games so I bet on 4 games and every time I won I increased the money in my bankroll, but when I managed to make more than 100$ I took my $50 from the deposit, so I made sure that I don't leave with losses if I have several losses to the point of emptying my bankroll

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

this means that you are having a lot of losses

[babo]

I did the following at first:

I took $50 and set it as my bankroll value, and I put $5 to bet on each game, if I realized that of the several games of the weekend I had a chance to hit 3 of them then I would bet on 3 games, if I realized I had a chance of hitting 6 games so I bet on 4 games and every time I won I increased the money in my bankroll, but when I managed to make more than 100$ I took my $50 from the deposit, so I made sure that I don't leave with losses if I have several losses to the point of emptying my bankroll
~~~

yours is a good strategy
that is to bet a fixed and to withdraw the winnings by re-betting a fixed
so you keep betting expenses under control

re-betting everything puts you at great risk of losing your total money

I also bet a fixed regardless (but they are very few euros, I bet for fun)

[hahay]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

I don't understand, how do you gamble by continuing to spend your budget every time you bet. Because for me, a small budget in gambling is enough if you are good at making wins in the bets you make. Make the budget like borrowed money, because then you will immediately target the main profit to return the budget money back to your wallet, if the winnings continue then you can continue to bet with the money generated from the winnings in your own bet. Gambling is not to spend the budget every time, but as much as possible to make new money so that your budget will be fine there.

[tabas]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

As long as it's enough for you to call it a day that's already good enough for you even if your budget isn't that much. That's better to have insufficient budget and having a tight pocket so that you won't spend that much.
It's the problem of others that they're addressing and having hard time to limit themselves in budgeting themselves through gambling.

[KTChampions]

yours is a good strategy
that is to bet a fixed and to withdraw the winnings by re-betting a fixed
so you keep betting expenses under control

re-betting everything puts you at great risk of losing your total money

I also bet a fixed regardless (but they are very few euros, I bet for fun)

I use a similar strategy and almost never risk my entire deposit. But I must note that rebetting the entire amount of the winnings, although cosmically increases the risk, but it makes it possible to get huge winnings (they are unlikely, but still possible). Rebetting actually turns the game into one big multi-bet where the odds for winning huge amount of money get bigger and bigger with each stage.

[tyz]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Congrats, you made the first step towards money and balance management which is actually one of the most important parts in order to be successful in gambling.

I really can recommend this (old) book from John Patrick which explain the importance very well, for all who show more interest in the topic. Of course, there are also a lot of free sources available on the web covering this topic.

[michellee]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

As long as it's enough for you to call it a day that's already good enough for you even if your budget isn't that much. That's better to have insufficient budget and having a tight pocket so that you won't spend that much.
It's the problem of others that they're addressing and having hard time to limit themselves in budgeting themselves through gambling.

A gambler should know about enough and never break that because that will impact our funds. When he frequently passes the time in gambling games without setting the limit of funds, I am afraid that he can add more money to his account to continue playing gambling. If that happens many times, that will attract him to become addicted because he will feel hunger for playing gambling. But gambling will always seduce us to add more and more money without realizing it so it needs control.

[tabas]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

As long as it's enough for you to call it a day that's already good enough for you even if your budget isn't that much. That's better to have insufficient budget and having a tight pocket so that you won't spend that much.
It's the problem of others that they're addressing and having hard time to limit themselves in budgeting themselves through gambling.

A gambler should know about enough and never break that because that will impact our funds. When he frequently passes the time in gambling games without setting the limit of funds, I am afraid that he can add more money to his account to continue playing gambling. If that happens many times, that will attract him to become addicted because he will feel hunger for playing gambling. But gambling will always seduce us to add more and more money without realizing it so it needs control.

A person who gambles without a proper budget management, he's going to be a broke gambler afterwards. It is why you have to gamble with a certain budget.
Even if you lose and you can attain to gamble with additional funds, that will still be depending how you're handling the decision and you're only going to do that if it's needed and you think that you're still in control.

[freedomgo]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

As long as it's enough for you to call it a day that's already good enough for you even if your budget isn't that much. That's better to have insufficient budget and having a tight pocket so that you won't spend that much.
It's the problem of others that they're addressing and having hard time to limit themselves in budgeting themselves through gambling.

A gambler should know about enough and never break that because that will impact our funds. When he frequently passes the time in gambling games without setting the limit of funds, I am afraid that he can add more money to his account to continue playing gambling. If that happens many times, that will attract him to become addicted because he will feel hunger for playing gambling. But gambling will always seduce us to add more and more money without realizing it so it needs control.

You will certainly experience that if you don't have the discipline in gambling.

As a gambler, I also experience being addicted and it does not give you peace of mind as it will affect everything you do in life.
If you give gambling the biggest attention in your life of all you do, it will not gonna give you a comfortable feeling as if you win, you'll be too happy and if you lose, you'll be too sad as well. The real way to gamble is through business, not in gambling where we don't have an edge.

[johhnyUA]

Speaking of the same how much % of your total income do you put into gambling ?

I described it few pages before in this topic. I don't have a direct % of my income on gambling. I have a exact amount (not more than 100 dollars) which i can put into poker or something like it. And i have zero amount for dice, slots and another such games, mostly because i don't like them

[Pamadar]

Betting budgets depends on how would one spending time on betting and gambling. I frequently passing time with my gambling platform but not full time. So my gambling budgets obviously not enough .

As long as it's enough for you to call it a day that's already good enough for you even if your budget isn't that much. That's better to have insufficient budget and having a tight pocket so that you won't spend that much.
It's the problem of others that they're addressing and having hard time to limit themselves in budgeting themselves through gambling.

I see your point, maybe it's tempting to play more once your budget got empty,

But imagine if you have a huge amount of bankroll and you can't control your emotions and lose everything, more regrets will continue

to linger inside you as you let go the amount of money that isn't allocated for your gambling activities. Best to quit the day with small amount of loses just bring the experienced and enjoyment that's better.

[Russlenat]

I am not an active gambler so I would mind budgeting too much when I do gamble, Whenever I am about to gamble  I only use a small amount of money that I have and if it seems like my unlucky day and I lose continuously I will stop gambling and try again in some other day or if I have time.

There's no problem with using a small amount of money as long as you get the entertainment, the only purpose we gamble is to entertain ourselves and we have different ranges in terms of bet or bankroll. Some people feel nervous betting $100 in a certain game, but for some, it's just small money that will not thrill them, so it always depends on our financial situation and not everyone can gamble as not everyone has a good source of income.

[acquafredda]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

[pawanjain]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

Have you ever tried betting on cryptocurrency prices ? It's actually fun to place those bets at the same time it gives me thrill as to which direction would swing.
Websites such as freebitco.in hosts such betting predictions. Try your luck. If you are good with analysis may be you can use your skills to get some quick buck as well.

[KTChampions]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

It turns out that your bets on euro 2020 were unsuccessful for almost everything?
If you are looking for major competitions, now you have the opportunity to bet on the Olympics - there are a lot of sports and the best athletes in the world (except football) compete for medals.

[BITCOIN4X]

Some one less out control with how much budget use for gambling because always motivate to put more fund in betting after several time loss, I know how many gambler not control emotion and try all in his budget to gambling and later will be disappointed why not stop early and have fund in his pocket, now they have loss all and need to find new way how to get fund and back to gambling again, this very bad for gambler and better stop it.

This will largely depend on what the purpose of the gambling is. It shouldn't be a problem if gambling is done for fun and they don't have to spend a lot of money on it. But when winning is something he's after, therein lies the real problem. Actually I don't like to gamble just because I want to win, I have to get both side (win & lose) and have fun. Should all gambling addict blame gambling for making them lose control and money? I don't think so.

[johhnyUA]

Some one less out control with how much budget use for gambling because always motivate to put more fund in betting after several time loss, I know how many gambler not control emotion and try all in his budget to gambling and later will be disappointed why not stop early and have fund in his pocket, now they have loss all and need to find new way how to get fund and back to gambling again, this very bad for gambler and better stop it.

Exactly! Take merit from me! 
Willpower is the main problem of any "budgets": If you can't control yourself, you will for sure spend more money than your "budget". The good idea is to have complicated system of deposit funds (like i need to convert some crypto into another and after that to deposit it to the site) which will help to reduce such behavior

[tippytoes]

The amount of budget a professional gambler needs depends on how much experience the gambler has. An experienced gambler has a very low budget but for his intelligence he has a lot to gain from gambling. But in my opinion, those who do not have experience, it is better not to enter the gambling with a high budget.

And that is why I am only allotting my extra funds here. Because I admit, I'm no professional gambler just a small timer trying to enjoy the moment. I bet only on familiar games and if I know the individuals involved just like in boxing. Not all matches that I bet on but only those that I know of. So watching their match, it is much interesting for me as I have placed my bet. But I understand for those regular gamblers, they really allot big amount for their gambling activities.

[michellee]

A person who gambles without a proper budget management, he's going to be a broke gambler afterwards. It is why you have to gamble with a certain budget.
Even if you lose and you can attain to gamble with additional funds, that will still be depending how you're handling the decision and you're only going to do that if it's needed and you think that you're still in control.

I would not suggest that person add more money for playing gambling. If he already loses that money in gambling, that will be the sign for him to stop gambling at that time and quit gambling as fast as he can because gambling can tempt him to deposit more and continue playing gambling. It is easy to deposit more money, but it is not easy to quit gambling, especially if we have more money. We need to control ourselves to prevent big losses because that will hurt us if we still lose.

You will certainly experience that if you don't have the discipline in gambling.

As a gambler, I also experience being addicted and it does not give you peace of mind as it will affect everything you do in life.
If you give gambling the biggest attention in your life of all you do, it will not gonna give you a comfortable feeling as if you win, you'll be too happy and if you lose, you'll be too sad as well. The real way to gamble is through business, not in gambling where we don't have an edge.

Yes, I have had that experience before but then, I realize that what I did is wrong and it needs time to realize and build a will on myself to learn about discipline. But I did that and slowly, I can control myself and trying to have discipline.

Yes, I feel that I want to gamble more and not take a break at that time. It is not easy to stop to ourselves and search for the other thing to distract the mind. In this matter, we really need to think about ourselves and what we need to do to block thinking about gambling.

[STT]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

[3meek]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

That's true, but for many people it's very difficult psychologically! I don't know if you can call it a gambling addiction stage, but you can't always stop! Sometimes I've experienced this too, and instead of stopping betting, I've tried to win back my losses!

[acquafredda]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

It turns out that your bets on euro 2020 were unsuccessful for almost everything?

I should have probably clarified that better. I did not say I do not have budget because I lost everything I actually won 3 out of 7 times, with a small profit in the end. I do not have a budget now because, like I said, I do not know what to bet against. I prefer football and there is not much appealing right now. I will take this month off 

[KTChampions]

It turns out that your bets on euro 2020 were unsuccessful for almost everything?

I should have probably clarified that better. I did not say I do not have budget because I lost everything I actually won 3 out of 7 times, with a small profit in the end. I do not have a budget now because, like I said, I do not know what to bet against. I prefer football and there is not much appealing right now. I will take this month off 

Oh, that sounds a lot more positive!
As I understand it, are you not interested in amateur football competitions (now there is an olympics, for example)? In principle, it is not long to wait - the start of the European championships will take place in a couple of weeks, and now you can place bets on rare matches like the super cups of the national championships.

[RealMalatesta]

I have always done the same thing, usually have about 50 bucks earned from signature and keep gambling at that place, even though I gambled in almost every place you have heard of in the crypto world, and probably hundreds in most of them, thousands in few of them I still try to only gamble at the place I carry the signature for that moment, which can change, tomorrow I may end up having another signature who knows, but until that moment I rather gamble only on the signature place.

The exception only happens if it is one sided place, like when it is just a casino then I do gamble at a sportsbook and a poker place, if it is just sportsbook then I gamble at a different casino and poker place, so it means that unless a place has all three I may end up gambling a bit in different places. However, it is almost always from the signature campaign and my budget depends on how much I made.

[Hypnosis00]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

That's true, but for many people it's very difficult psychologically! I don't know if you can call it a gambling addiction stage, but you can't always stop! Sometimes I've experienced this too, and instead of stopping betting, I've tried to win back my losses!

You will eventually learn from your mistakes, that's alright, it's normal to some people that they learn the hard way and I hope you are still okay. Keep reading the comments as some posters here are sharing their gambling addiction problem and how they solve that problem.

[AhmadM]

An experienced gambler has a very low budget but for his intelligence he has a lot to gain from gambling. But in my opinion, those who do not have experience, it is better not to enter the gambling with a high budget.

Isn't it on the contrary? I doubt that experienced gamblers would do as your above explanation, most of the cases experienced gamblers such as streamers or youtuber would bring lots of capital and take profits around 2x ROI on average (if they indeed intend to take profits and not burn all their capital). It's pretty rare they would come with less capital in order to aim high ROI since they are aware gambling is all about luck.

[Desmong]

I am not an active gambler so I would mind budgeting too much when I do gamble, Whenever I am about to gamble  I only use a small amount of money that I have and if it seems like my unlucky day and I lose continuously I will stop gambling and try again in some other day or if I have time.

This is a nice approach to gambling since you know that you are not that interested in it and it's not your major source if income. Alot of persons that take gambling as only source of income would be ready to take high risky measures to make profits even when the rate if winning is short or uncertain. Majority of gamblers see future in gambling, that's why they are always curious to do anything that can make them win bets even if it's going to take a negative approach.

[boyptc]

The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

It is what we usually see for those gamblers that can't accept that they've lost for this day. The upcoming days won't stop to come so gambling does.

If they won't continue, they might feel that they've lost entirely and don't need a rest. But that's what needed to happen, to take some rest and do it again the next day.

[Oshosondy]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

With what I have experienced about gambling, if someone has lost ones, the person should not think about it and should betting another day, the following day is not even better as the losses can continue, the best is to wait for like a week when the person will not have the sense of loss again and when the right mindset set back to the original level. My weakest moment during gambling is when someone is losing and yet continue to gamble to lose more until all is lost, I experienced this before when I was an addict.

[iTradeChips]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

That is right. Budgeting really makes one disciplined and it increases chances of success, as you have a steady supply of funds for your gambling and at the same time the discipline to do it another day. Also add the business regimen like counting losses and wins. Like in business, there are days when there is no profit and there are days where you can get so much profit in your bets and gambles. Be business like is the key to everything, even in gambling.

[Russlenat]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

That is right. Budgeting really makes one disciplined and it increases chances of success, as you have a steady supply of funds for your gambling and at the same time the discipline to do it another day. Also add the business regimen like counting losses and wins. Like in business, there are days when there is no profit and there are days where you can get so much profit in your bets and gambles. Be business like is the key to everything, even in gambling.

That's the most important thing that every gambler should understand, we have a problem if we can't accept losses and we always want to end a day with a profit. Some gamblers have that kind of mentality, they don't want to lose, so they chase their losses to end up profitable, unfortunately, it does not end the way we expect it to be most of the time.

[Pamadar]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

With what I have experienced about gambling, if someone has lost ones, the person should not think about it and should betting another day, the following day is not even better as the losses can continue, the best is to wait for like a week when the person will not have the sense of loss again and when the right mindset set back to the original level. My weakest moment during gambling is when someone is losing and yet continue to gamble to lose more until all is lost, I experienced this before when I was an addict.

Wrong impressions with most of the gamblers who keeps failing inside gambling.

Instead of taking the break, they tend to push for more trying to recover those money that they've lost when playing the game.

It's a must to see have good control and limitation, it save you a lot of time and money as there's alway another time to play instead of
trying to win back it's best to accept your defeats and have some break and call for that day.

[KTChampions]

That is right. Budgeting really makes one disciplined and it increases chances of success, as you have a steady supply of funds for your gambling and at the same time the discipline to do it another day. Also add the business regimen like counting losses and wins. Like in business, there are days when there is no profit and there are days where you can get so much profit in your bets and gambles. Be business like is the key to everything, even in gambling.

You talk about gambling as if you were doing it like a business. But everyone knows that despite the alternation of wins and losses in total on the distance, you will always be in the red. Can you really surpass this pattern and can profit from gamling? Otherwise, I do not understand your reasoning.

[hahay]

Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.

That is right. Budgeting really makes one disciplined and it increases chances of success, as you have a steady supply of funds for your gambling and at the same time the discipline to do it another day. Also add the business regimen like counting losses and wins. Like in business, there are days when there is no profit and there are days where you can get so much profit in your bets and gambles. Be business like is the key to everything, even in gambling.

That's the most important thing that every gambler should understand, we have a problem if we can't accept losses and we always want to end a day with a profit. Some gamblers have that kind of mentality, they don't want to lose, so they chase their losses to end up profitable, unfortunately, it does not end the way we expect it to be most of the time.

It would be a pity if they gambled on continuing to chase after what they had lost, such thoughts would certainly endanger their lives. I also agree, budgeting is about increasing the chances of success because that way, at least the budget you set is not too high but can actually produce good results day after day. But it will be useless when you are still careless and do not have calculations in gambling, because carelessness in gambling will certainly cause problems for your finances even though you already have a set budget.

[acquafredda]

It turns out that your bets on euro 2020 were unsuccessful for almost everything?

I should have probably clarified that better. I did not say I do not have budget because I lost everything I actually won 3 out of 7 times, with a small profit in the end. I do not have a budget now because, like I said, I do not know what to bet against. I prefer football and there is not much appealing right now. I will take this month off 

Oh, that sounds a lot more positive!
As I understand it, are you not interested in amateur football competitions (now there is an olympics, for example)? In principle, it is not long to wait - the start of the European championships will take place in a couple of weeks, and now you can place bets on rare matches like the super cups of the national championships.

No man, thanks for asking but that is not for me. These days I would rather do other things than betting on competitions which I know nothing about. I always prefer to bet on the major football leagues since I follow them and I have more info available before placing my bets.
I can definitely wait, I have no rush to bet during the holidays.

[robelneo]

A budget that only expands on successful bets and strategies helps reinforce what works over what doesnt.   The worst tactic is to try and run through losses or even increase a loss in continuing what didnt work, its often best to take the loss and return another day having cleared the book of the previous attempt with a line drawn underneath.

That's true, but for many people it's very difficult psychologically! I don't know if you can call it a gambling addiction stage, but you can't always stop! Sometimes I've experienced this too, and instead of stopping betting, I've tried to win back my losses!

This is a trap and the biggest challenge I thought I can be good at stopping when I'm losing and come back some other times but in the back of my mind I was urged to continue because the next roll or card will fall in my favor, sometimes it works sometimes it's not, the worse thing is stopping when you don't know if the next roll or card is in your favor you have to take a chance, and prepare to take the worse or the best outcome.

[ethereumhunter]

I am not an active gambler so I would mind budgeting too much when I do gamble, Whenever I am about to gamble  I only use a small amount of money that I have and if it seems like my unlucky day and I lose continuously I will stop gambling and try again in some other day or if I have time.

This is a nice approach to gambling since you know that you are not that interested in it and it's not your major source if income. Alot of persons that take gambling as only source of income would be ready to take high risky measures to make profits even when the rate if winning is short or uncertain. Majority of gamblers see future in gambling, that's why they are always curious to do anything that can make them win bets even if it's going to take a negative approach.

People who think that gambling is a source of income will try to use gambling to make money. If they can see the reality that they can not make money, they will stop it and leave gambling as soon as possible. But many of them are not stopping instead still trying to make money because they think that their luck will come to them.

We need to limit our budget in gambling and not use too big money to gamble because we will hard to make money from gambling.

[South Park]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

And that is fine, it is not like you are obligated to gamble in games that you don't really want or like, people have different games that they like and in the case of sport bets there are people that only like a particular sport and they can spend months without making a single bet because there is no other sport that they like, even then I still think that it is a good idea to have a budget as I think it is key to always have complete control over your gambling and this can only be achieved through a budget.

[harizen]

I also agree, budgeting is about increasing the chances of success because that way, at least the budget you set is not too high but can actually produce good results day after day.

Will the odds of winning will be changed by doing that way? Obviously, no.

Setting a budget according to everyone here is to somehow limit their expenses. But it has nothing to do with your gambling results day by day.

I'd rather set a budget for my important matters and what's left is for misc activities such as gambling. That's the most effective to way to manage our betting budget compare set an amount specifically for gambling. At least even if you lose, your money is already settled on other matter.

[lienfaye]

People who think that gambling is a source of income will try to use gambling to make money. If they can see the reality that they can not make money, they will stop it and leave gambling as soon as possible. But many of them are not stopping instead still trying to make money because they think that their luck will come to them.

We need to limit our budget in gambling and not use too big money to gamble because we will hard to make money from gambling.

Thats a sad reality. Many gamblers are believing gambling is the answer for them to grow their money but not knowing that its a risky thing to do and not advisable as well.

It can make you millionaire if ever you win in a lottery but its a one in a million chance, clearly depends on luck. Only few people can make gambling as their resouces to earn money and they're using their skills and experience to maximize their chance to win.

Thats why its important to have a budget to use for playing, it can control our activity and set us our limit.

[Hamphser]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

And that is fine, it is not like you are obligated to gamble in games that you don't really want or like, people have different games that they like and in the case of sport bets there are people that only like a particular sport and they can spend months without making a single bet because there is no other sport that they like, even then I still think that it is a good idea to have a budget as I think it is key to always have complete control over your gambling and this can only be achieved through a budget.

When it comes to spending then it is mostly just like the same and the only difference here is that the base bet and possible max bet for that platform had been set out since we know that they do have different

max bets for maximum wins and it is true that budget allocation would really vary into each gambler or player because not all would be having the same depths when it comes to their pockets.

There are several factors that do affect spending too and this is really very situational on each person.When it comes to spending then it will really vary.

[Saint-loup]

After the end of Euro2020 I am not really having a budget. I played mostly on every round during Euro2020 up to the final but now I do not know what to bet on. I never liked slots and such that much so I am in it for those. I am basically waiting for the major sports competition to come back to start placing my usual parlays. So, yes, I can definitely say that there is no budget at the moment.

And that is fine, it is not like you are obligated to gamble in games that you don't really want or like, people have different games that they like and in the case of sport bets there are people that only like a particular sport and they can spend months without making a single bet because there is no other sport that they like, even then I still think that it is a good idea to have a budget as I think it is key to always have complete control over your gambling and this can only be achieved through a budget.

I really doubt there are many bettors not making a single bet during several months just because the season of their favorite sport has ended. It must concern only occasional bettors IMO, because when you like betting it's very easy to find another sport to gamble on, you don't need to watch each event of a sport to be able to bet on, it wouldn't be even possible anyway.

[ethereumhunter]

People who think that gambling is a source of income will try to use gambling to make money. If they can see the reality that they can not make money, they will stop it and leave gambling as soon as possible. But many of them are not stopping instead still trying to make money because they think that their luck will come to them.

We need to limit our budget in gambling and not use too big money to gamble because we will hard to make money from gambling.

Thats a sad reality. Many gamblers are believing gambling is the answer for them to grow their money but not knowing that its a risky thing to do and not advisable as well.

It can make you millionaire if ever you win in a lottery but its a one in a million chance, clearly depends on luck. Only few people can make gambling as their resouces to earn money and they're using their skills and experience to maximize their chance to win.

Thats why its important to have a budget to use for playing, it can control our activity and set us our limit.

Yes, it is. That is a sad reality. But that is also happening for many gamblers who still search for their luck in gambling. They are trying to grow their money through gambling but in the end, not many of them can do that.

Winning a lottery needs big luck because we compete with hundreds of people who want the same thing as us. But if we realize that the lottery is like set and forget, we will not have a big hope to win the lottery. Having a budget will help us control ourselves, not just knowing when we must quit gambling but also controlling the money that we will use for playing gambling.

[Obito]

~snip

Yes, we are raised different, but we can touch every people with heart. So in this matter, if we can approach them softly, I am sure they will understand what we mean and they will listen to us and want to learn more about self-control. I believe that we have self control and we can learn it slowly, as long as we have a will to learn. If they can set their budget in gambling and have self control, they will not let that money is gone in the short term.

Well, you said it already, we are raised different and for it just doesn't work that way but there are other ways that you can make it up so you can do something about your problem with money and self-control. Also, it's easy to say that they can control gambling but the problem that I think is that when it's applied, most people fail at first attempt.

[carlisle1]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

Well, you said it already, we are raised different and for it just doesn't work that way but there are other ways that you can make it up so you can do something about your problem with money and self-control.

Easy but when you already into this situation, it will bring hardship as control inside your mind mostly being manipulated by addictions to the game.

Also, it's easy to say that they can control gambling but the problem that I think is that when it's applied, most people fail at first attempt.

[passwordnow]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

If someone who cannot attain that type of budget that the other gamblers can to prolong their stay as they gamble, there's really a solution on it. And it varies depending the game that they're playing and with the amount that they put every bet they make.
Well, with such budget that they have and if they're staying for long even if they no longer have a budget. They're obliged to withdraw or get another budget because that how it feels when they're staying long without anything to gamble.

[dunfida]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

If someone who cannot attain that type of budget that the other gamblers can to prolong their stay as they gamble, there's really a solution on it. And it varies depending the game that they're playing and with the amount that they put every bet they make.
Well, with such budget that they have and if they're staying for long even if they no longer have a budget. They're obliged to withdraw or get another budget because that how it feels when they're staying long without anything to gamble.

Stick to your budget and wont go overboard and once you had consumed or lost it all on the time you do play then dont tend to add up just for you to mind to break even or chase losses.

This is the primary reason on why you do go past to your limit because you are tolerating on what you do have in mind and as long you do know that you have money to spend then
you would definitely be playing even more and wont minding about tomorrows expenses.Even if you are hell a of a rich guy but there would be coming to a point that you would
be surely wrecked that hard.

[finaleshot2016]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

If someone who cannot attain that type of budget that the other gamblers can to prolong their stay as they gamble, there's really a solution on it. And it varies depending the game that they're playing and with the amount that they put every bet they make.
Well, with such budget that they have and if they're staying for long even if they no longer have a budget. They're obliged to withdraw or get another budget because that how it feels when they're staying long without anything to gamble.

Stick to your budget and wont go overboard and once you had consumed or lost it all on the time you do play then dont tend to add up just for you to mind to break even or chase losses.

This is the primary reason on why you do go past to your limit because you are tolerating on what you do have in mind and as long you do know that you have money to spend then
you would definitely be playing even more and wont minding about tomorrows expenses.Even if you are hell a of a rich guy but there would be coming to a point that you would
be surely wrecked that hard.

This is one of the problems that other gamblers face; they can't control themselves and continue to gamble after their gambling budget has been depleted. If you lack self-discipline, you have a high risk of becoming addicted to gambling.
If you can't afford to lose a lot of money, you should know right away that gambling isn't a good way to make money.

Don't go over your limits or else, it's you that will get affected.

[Saint-loup]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

If someone who cannot attain that type of budget that the other gamblers can to prolong their stay as they gamble, there's really a solution on it. And it varies depending the game that they're playing and with the amount that they put every bet they make.
Well, with such budget that they have and if they're staying for long even if they no longer have a budget. They're obliged to withdraw or get another budget because that how it feels when they're staying long without anything to gamble.

Stick to your budget and wont go overboard and once you had consumed or lost it all on the time you do play then dont tend to add up just for you to mind to break even or chase losses.

This is the primary reason on why you do go past to your limit because you are tolerating on what you do have in mind and as long you do know that you have money to spend then
you would definitely be playing even more and wont minding about tomorrows expenses.Even if you are hell a of a rich guy but there would be coming to a point that you would
be surely wrecked that hard.

This is one of the problems that other gamblers face; they can't control themselves and continue to gamble after their gambling budget has been depleted. If you lack self-discipline, you have a high risk of becoming addicted to gambling.
If you can't afford to lose a lot of money, you should know right away that gambling isn't a good way to make money.

Don't go over your limits or else, it's you that will get affected.

Why would gamblers need to afford to lose a lot of money I don't understand?   If you lose a lot of money it means you are a bad gambler not able to manage your bankroll correctly and then it's the opposite, you should stay away from gambling IMO. Moreover some games allow players to stake one single satoshi, then I'm sorry but I don't think anybody on earth can't afford to lose few dozens of satoshis. If you are poor you just need to use a smaller bankroll but everybody can afford to gamble. Thinking only "rich" people can afford to gamble is a misconception usually promoted by noobs and gambling haters unfortunately.

[babo]

does anyone use a spreadsheet to keep track of their bets? I'd be curious to see how you set it up

In my opinion, tracking your bets is important if you want to keep everything in order and understand if you are going to gain or lose
my opinion

[Lakai01]

In my opinion, tracking your bets is important if you want to keep everything in order and understand if you are going to gain or lose
my opinion

It definitely is, yes. But it all depends on how you see gambling. If it's just a pastime for you, like going to the movies, then winnings and losses usually don't matter either. For me, for example, I only ever play on one casino at a time and give myself a certain budget per month for it (e.g. $50). If this budget is used up, then I no longer play until the end of the month. Depending on how often I win, however, the budget is usually easily enough.

If you really want to earn money with gambling, this approach is of course not successful. However, only the fewest will manage that either way ...

[Beparanf]

does anyone use a spreadsheet to keep track of their bets? I'd be curious to see how you set it up

In my opinion, tracking your bets is important if you want to keep everything in order and understand if you are going to gain or lose
my opinion

It depends on what game you are going to play and also on some casino, There's already some feature of betting history so that can track your gambling records just like on sportsbet.io, but I saw some user on tipster section of this forum that records there bet on spreadsheet,. This kind of strategy is for person that focus only on gambling and not playing for alone so only few do this kind of thing.

[michellee]

~snip

Yes, we are raised different, but we can touch every people with heart. So in this matter, if we can approach them softly, I am sure they will understand what we mean and they will listen to us and want to learn more about self-control. I believe that we have self control and we can learn it slowly, as long as we have a will to learn. If they can set their budget in gambling and have self control, they will not let that money is gone in the short term.

Well, you said it already, we are raised different and for it just doesn't work that way but there are other ways that you can make it up so you can do something about your problem with money and self-control. Also, it's easy to say that they can control gambling but the problem that I think is that when it's applied, most people fail at first attempt.

It is normal to see them fail at the first attempt because they do not have much experience. If they still trying hard and know how to fix the first fail, they will grow and see they can continue for what they did before. The key is if they want to change, they need to try hard because the barrier will test them and always seduce them not to continue what they did. It needs an effort to set the limit for ourselves to prevent the addiction. Otherwise, we will fail again in the next chance. It will be up to you.

[passwordnow]

There's always good solution for someone who are trying to work with this concern, it's not easy but working on it with proper balance and adjustment, self-control helps you to manage your bankroll properly, that includes also time staying inside  gambling venues.

If someone who cannot attain that type of budget that the other gamblers can to prolong their stay as they gamble, there's really a solution on it. And it varies depending the game that they're playing and with the amount that they put every bet they make.
Well, with such budget that they have and if they're staying for long even if they no longer have a budget. They're obliged to withdraw or get another budget because that how it feels when they're staying long without anything to gamble.

Stick to your budget and wont go overboard and once you had consumed or lost it all on the time you do play then dont tend to add up just for you to mind to break even or chase losses.

This is the primary reason on why you do go past to your limit because you are tolerating on what you do have in mind and as long you do know that you have money to spend then
you would definitely be playing even more and wont minding about tomorrows expenses.Even if you are hell a of a rich guy but there would be coming to a point that you would
be surely wrecked that hard.

It's not that every gambler can stick to their budgets. It's been tested when many gamblers have shared their mishap in managing and maintaining their budget.
The emotion plays bigger picture on the decision of the other gamblers because they just can't control it and they're having trouble doing that. Those that are surpassing their limit as they gamble, they know what they do but they can't stop it easily.

[KTChampions]

Oh, that sounds a lot more positive!
As I understand it, are you not interested in amateur football competitions (now there is an olympics, for example)? In principle, it is not long to wait - the start of the European championships will take place in a couple of weeks, and now you can place bets on rare matches like the super cups of the national championships.

No man, thanks for asking but that is not for me. These days I would rather do other things than betting on competitions which I know nothing about. I always prefer to bet on the major football leagues since I follow them and I have more info available before placing my bets.
I can definitely wait, I have no rush to bet during the holidays.

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

[babo]

are there any automated tools to keep track of bets?
I bring you an example
there are poker bots that allow you to trace everything

beyond the bot (I prefer to play) I find it very nice that you do not have to enter the data but this takes them automatically

very comfortable

[Adzivu]

If it's not a secret, how long is this agreement valid and what are your gambling statistics? Does it happen that in some month you find yourself in the black and instead of spending money you get it? And accordingly, if this happens, how do you dispose of these unexpected winnings?

Haha, I'll wait for him to answer but I guess the agreement is valid and peaceful as long as he is earning good and the expenses are well under control. Once the monthly expenses are higher but unfortunately the wages are not sufficient for management, the agreement will come to a halt .

In the past, when I was much more into gambling on sports, I used to play with a bank of €1.000-€2.000. I looked for value bets and played only single events wagering €80 to €100 per selection. At the end of the month, I would calculate my profit and I found that to be working quite OK for a few months. Since I don't have the time to go that deep into match analysis as I did when I was younger, I had to give this up. I am now an occasional player. 

You must be a great sports bettor then because when I am betting on sports, I am just losing my wallet quickly. I guess since you don't have that much time, it might not be a bad idea to become a tipster because we have very few legit tipsters in the bitcoin gambling industry and there's always need for more good ones. And in case you don't know, people earn really good being a tipster.

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

[Fredomago]

Oh, that sounds a lot more positive!
As I understand it, are you not interested in amateur football competitions (now there is an olympics, for example)? In principle, it is not long to wait - the start of the European championships will take place in a couple of weeks, and now you can place bets on rare matches like the super cups of the national championships.

No man, thanks for asking but that is not for me. These days I would rather do other things than betting on competitions which I know nothing about. I always prefer to bet on the major football leagues since I follow them and I have more info available before placing my bets.
I can definitely wait, I have no rush to bet during the holidays.

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

It's better to track those games that you are well aware and you have deeper knowledge, though there's no guarantee that you'll keep on winning but the chance is far better than choosing games that you know nothing.

Strategy and bankroll management are also  includes to limits your budget, with good system to follow you are capable of stopping yourself once the strategy already been triggered, your set amount and your target both are important to make sure that you are inside your limitations.

[KTChampions]

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

It's better to track those games that you are well aware and you have deeper knowledge, though there's no guarantee that you'll keep on winning but the chance is far better than choosing games that you know nothing.

Strategy and bankroll management are also  includes to limits your budget, with good system to follow you are capable of stopping yourself once the strategy already been triggered, your set amount and your target both are important to make sure that you are inside your limitations.

This is good only for complacency and inner confidence in your own actions. If I am not mistaken, then making 100 bets on a team that you know well and making 100 bets on a team about which you do not know anything at all, then you will come to the same result. If it were otherwise, then many betters would have a chance against the bookmakers.

[FatFork]

Oh, that sounds a lot more positive!
As I understand it, are you not interested in amateur football competitions (now there is an olympics, for example)? In principle, it is not long to wait - the start of the European championships will take place in a couple of weeks, and now you can place bets on rare matches like the super cups of the national championships.

No man, thanks for asking but that is not for me. These days I would rather do other things than betting on competitions which I know nothing about. I always prefer to bet on the major football leagues since I follow them and I have more info available before placing my bets.
I can definitely wait, I have no rush to bet during the holidays.

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

Yeah, that's what I think too.
Most of it is on the sport I follow the most, football. There are so many games in a season, but I tend to stick to the teams I am familiar with. After some thought I am pretty confident in my selections.

But of course, that doesn't mean a guaranteed win, it just gives a sense of security when placing a bet.

[Fatunad]

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

It's better to track those games that you are well aware and you have deeper knowledge, though there's no guarantee that you'll keep on winning but the chance is far better than choosing games that you know nothing.

Strategy and bankroll management are also  includes to limits your budget, with good system to follow you are capable of stopping yourself once the strategy already been triggered, your set amount and your target both are important to make sure that you are inside your limitations.

This is good only for complacency and inner confidence in your own actions. If I am not mistaken, then making 100 bets on a team that you know well and making 100 bets on a team about which you do not know anything at all, then you will come to the same result. If it were otherwise, then many betters would have a chance against the bookmakers.

Cant really be sure on that same result that you've been talking.In odds or comparing it then it would always be better on stick into teams which you do aware about them compared into none but
i agree on some point that betting on other teams isnt really bad either because we should really be versatile because its up to us on where we should bet neither you do know it or not
if you do see the chances out of those analysis you do have then go for it.

[tabas]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.

[Russlenat]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.

If you love to gamble on  NBA and other types of sports, then you might wanna check the following threads.

NBA 2020-2021 betting
Odds, units advantage | Sportsbook | +66728 units

There's still one that I cannot find, but you can help me by looking at the same board.

[tabas]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.

If you love to gamble on  NBA and other types of sports, then you might wanna check the following threads.

NBA 2020-2021 betting
Odds, units advantage | Sportsbook | +66728 units

There's still one that I cannot find, but you can help me by looking at the same board.

Thanks mate for putting up those links, the others are like those general discussions from the typical sports that people bet on. They're on the first page of this section.
They're easier to be found if Adzivu will look for them.

[Adzivu]

Thanks.

I was looking for some that have made profit over long period of time to follow them. It won't hurt me.

I am considering sharing my bets in the forum. What would be the best section for my own thread?

[tabas]

Thanks.

I was looking for some that have made profit over long period of time to follow them. It won't hurt me.

I am considering sharing my bets in the forum. What would be the best section for my own thread?

Also, in this section, make your own thread and put all those details that you want to share and update there from time to time. Just be known to the rules that you can only bump your thread once every 24 hours.

[KTChampions]

This is a good strategy, I also try to place bets on those events where I am well versed.
Now the semifinals of the Olympic tournament between Mexico and Brazil are taking place and, apparently, if nothing changes in the next 5 minutes, we will see a penalty shootout. This is quite unexpected, and many bettors who made bets on the victory of Brazil have already lost.

Yeah, that's what I think too.
Most of it is on the sport I follow the most, football. There are so many games in a season, but I tend to stick to the teams I am familiar with. After some thought I am pretty confident in my selections.

But of course, that doesn't mean a guaranteed win, it just gives a sense of security when placing a bet.

It is good primarily for calming the nerves. In fact, I came to the conclusion that finding an unbalanced bet from a bookmaker is a very rare success, and in most cases we can rely on its analysis (setted odds) and place bets on any events without even knowing anything about the teams or sport for the event in which we are bidding.

[Adzivu]

Thanks.

I was looking for some that have made profit over long period of time to follow them. It won't hurt me.

I am considering sharing my bets in the forum. What would be the best section for my own thread?

Also, in this section, make your own thread and put all those details that you want to share and update there from time to time. Just be known to the rules that you can only bump your thread once every 24 hours.

What if I have 20 bets that day, all at the different time?
If I just edit the post no one will see that there are new posts/bets.

[Pmalek]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

I wouldn't recommend following tipsters. The best thing is to carry out your own research into the sports and leagues you are familiar with.

What if I have 20 bets that day, all at the different time?

A real good sports pundit or tipster wouldn't be able to find 20 matches a day. If I saw someone calling himself a tipster and recommending 20 different matches, I would never trust a word he says. He is just guessing and has obviously not done much research on the games he recommends people to bet on.

Sometimes one tip a day would be too much, let alone 20.

[stadus]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

I wouldn't recommend following tipsters. The best thing is to carry out your own research into the sports and leagues you are familiar with.

Agree with you, it's always good to learn from our own and improve our skills as we continue further, relying on tipster is very expensive as they might give free bets at the start but eventually, they'll make you subscribe to their premium picks, you pay the subscription but there's not guarantee you'll win.

[South Park]

I also agree, budgeting is about increasing the chances of success because that way, at least the budget you set is not too high but can actually produce good results day after day.

Will the odds of winning will be changed by doing that way? Obviously, no.

Setting a budget according to everyone here is to somehow limit their expenses. But it has nothing to do with your gambling results day by day.

I'd rather set a budget for my important matters and what's left is for misc activities such as gambling. That's the most effective to way to manage our betting budget compare set an amount specifically for gambling. At least even if you lose, your money is already settled on other matter.

Correct, setting up a budget is not a winning strategy, it is a strategy that will help you to avoid losing huge amounts of money that you cannot really afford to lose, so I have been always in favor of people having a budget, that way even if they happen to lose control of their gambling during a session if they can respect that budget then those losses are not going to be a big deal since they can just stop gambling during the rest of the week or month and they will still have lost the same amount of money.

[ReiMomo]

I also agree, budgeting is about increasing the chances of success because that way, at least the budget you set is not too high but can actually produce good results day after day.

Will the odds of winning will be changed by doing that way? Obviously, no.

Setting a budget according to everyone here is to somehow limit their expenses. But it has nothing to do with your gambling results day by day.

I'd rather set a budget for my important matters and what's left is for misc activities such as gambling. That's the most effective to way to manage our betting budget compare set an amount specifically for gambling. At least even if you lose, your money is already settled on other matter.

Correct, setting up a budget is not a winning strategy, it is a strategy that will help you to avoid losing huge amounts of money that you cannot really afford to lose, so I have been always in favor of people having a budget, that way even if they happen to lose control of their gambling during a session if they can respect that budget then those losses are not going to be a big deal since they can just stop gambling during the rest of the week or month and they will still have lost the same amount of money.

Yes, separating a sum of amount and playing just with it, will save you from addiction as well. Either either you loose or win, just play with your budget. Budget play is a controlled play i would say. If one sticks to it, I am sure he might not fall into addiction, however it might change at any time as human tendency is to get driven towards fantasy.

[fiulpro]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Well that's an excellent plan when you are gambling in moderation over a long period of time. The  usual routine for me is not that simple since I am not a everyday gambler, but I rather see how my financial situation is and I always set aside a budget for expensive situations that can barge in anytime, therefore for me it's not an exact science but rather depends on a lot of things like :
1. Job
2. Health
3. Family situation
4. Budget planning
5. Financial crisis
6. Unexpected expenses etc..

[bitzizzix]

I also agree, budgeting is about increasing the chances of success because that way, at least the budget you set is not too high but can actually produce good results day after day.

Will the odds of winning will be changed by doing that way? Obviously, no.

Setting a budget according to everyone here is to somehow limit their expenses. But it has nothing to do with your gambling results day by day.

I'd rather set a budget for my important matters and what's left is for misc activities such as gambling. That's the most effective to way to manage our betting budget compare set an amount specifically for gambling. At least even if you lose, your money is already settled on other matter.

Correct, setting up a budget is not a winning strategy, it is a strategy that will help you to avoid losing huge amounts of money that you cannot really afford to lose, so I have been always in favor of people having a budget, that way even if they happen to lose control of their gambling during a session if they can respect that budget then those losses are not going to be a big deal since they can just stop gambling during the rest of the week or month and they will still have lost the same amount of money.

As a savvy gambler, you should never forget that you should never risk more money than you can afford to lose, and that you should set aside some money and budget for gambling.
You set a budget and stick to it and when the gambling capital that has been budgeted is used up, your gambling is done and that is to prevent you from becoming addicted and disciplined.

[Adzivu]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

I wouldn't recommend following tipsters. The best thing is to carry out your own research into the sports and leagues you are familiar with.

What if I have 20 bets that day, all at the different time?

A real good sports pundit or tipster wouldn't be able to find 20 matches a day. If I saw someone calling himself a tipster and recommending 20 different matches, I would never trust a word he says. He is just guessing and has obviously not done much research on the games he recommends people to bet on.

Sometimes one tip a day would be too much, let alone 20.

From my experience (and I have a lot of it) that isn't bad.
They are not just my own bets, but also bets from other good and reputable tipsters that are beating certain league.

So i don't agree with you when you say you shouldn't follow others.
There are plenty of good and profitable tipsters.

[tabas]

Thanks.

I was looking for some that have made profit over long period of time to follow them. It won't hurt me.

I am considering sharing my bets in the forum. What would be the best section for my own thread?

Also, in this section, make your own thread and put all those details that you want to share and update there from time to time. Just be known to the rules that you can only bump your thread once every 24 hours.

What if I have 20 bets that day, all at the different time?
If I just edit the post no one will see that there are new posts/bets.

That's what you really have to do. It's part of the forum rules that you only have 1 bump per day and if you do that, your post might be deleted.
So, you really have to edit and add your other bets to that post you've made even it is at different time, just put some note.

[mv1986]

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.

Is there actually a platform that is similar to all this social trading stuff that is currently going through the roof?

I can imagine if you have such a platform and there is a guy who is betting with above average results that people would follow like they do on social trading websites. Or is the problem that when many people bet on the odds of the superior guy that the odds are always adjusted in a way that the edge will be lost?

[Adzivu]

There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.

Obviously in lower liquidity markets odds crash faster.

[Shamm]

   I have a proper list of budget , I'm not a typical person that likely to buy an expensive materials. But I'm a type of a person that are choosy to spend a things that are valuable and useful. In betting I have also budget for the thing I left in my important things ,not to big in betting cause It's enough and suit to what money I have.

[fortunecrypto]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

It was higher in the pre-pandemic I used to allocate 10% of my income from my bounty campaigns but now I can only allocate 3 to 5%, this is a good percentage and the allocation can still last for a week, just enough to have good times during the lockdown period, we have lockdown in our city from time to time but I have to limit my time because of a limited budget, and it's important to have a ready fund during this pandemic.

[Pamadar]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

It was higher in the pre-pandemic I used to allocate 10% of my income from my bounty campaigns but now I can only allocate 3 to 5%, this is a good percentage and the allocation can still last for a week, just enough to have good times during the lockdown period, we have lockdown in our city from time to time but I have to limit my time because of a limited budget, and it's important to have a ready fund during this pandemic.

Pandemic hits us if not all but most of the gamblers adjust with what the situations now,

Some losses their job and some adjust their budget to secure that they've still got something in case of emergency, allocating spare if there still some left is better to continue enjoying.
3%-5% good enough to spare if you still gaining decent salary, treat it as same with other activities that you are spending some spare money.

[kotajikikox]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

It was higher in the pre-pandemic I used to allocate 10% of my income from my bounty campaigns but now I can only allocate 3 to 5%, this is a good percentage and the allocation can still last for a week, just enough to have good times during the lockdown period, we have lockdown in our city from time to time but I have to limit my time because of a limited budget, and it's important to have a ready fund during this pandemic.

Pandemic hits us if not all but most of the gamblers adjust with what the situations now,

Some losses their job and some adjust their budget to secure that they've still got something in case of emergency, allocating spare if there still some left is better to continue enjoying.
3%-5% good enough to spare if you still gaining decent salary, treat it as same with other activities that you are spending some spare money.

While indeed you mentioned the difficulties now in regards to our gambling activities yet it is amazing that some crypto gambling site are making more and more profit and gaining gamblers over and over.
like most of the wore signature banner of our fellow users , gambling in crypto are literally increasing , meaning that maybe casino houses (physical casinos) are shortly gaining but the online are making its way up.

[Pmalek]

From my experience (and I have a lot of it) that isn't bad.
They are not just my own bets, but also bets from other good and reputable tipsters that are beating certain league.

So i don't agree with you when you say you shouldn't follow others.
There are plenty of good and profitable tipsters.

I also have my share of experience with certain tipsters. I don’t claim to have a lot of it, but I have followed a few guys when I was younger. What I noticed is that the win rate is usually around 50-55%. That's not exactly great. And you have no way of knowing if the results of the tipster you follow will be good or bar in that particular month and period you paid for. If they have built a certain reputation, they usually require that you pay to receive the tips, and that can amount to a few hundred dollars per month as well.

I still think doing your own research and betting only on the sports you have some knowledge in beats blindly following anonymous people over the Internet. Since we are on a Bitcoin forum, I can draw a comparison with following a crypto trader and doing the same trades as he does. Not exactly the best way to invest.     

[Peanutswar]

   I have a proper list of budget , I'm not a typical person that likely to buy an expensive materials. But I'm a type of a person that are choosy to spend a things that are valuable and useful. In betting I have also budget for the thing I left in my important things ,not to big in betting cause It's enough and suit to what money I have.

Every time we gamble it's is better if we have a plan to our game play and expenses not all the time we need to make an all into the game sometimes if we feel tired and exhausted already it's better to take rest for the meantime and realize if you already win or not, if you already want to play or not it's not all about how many money you still have it's all about the self control.

[btc78]

   I have a proper list of budget , I'm not a typical person that likely to buy an expensive materials. But I'm a type of a person that are choosy to spend a things that are valuable and useful. In betting I have also budget for the thing I left in my important things ,not to big in betting cause It's enough and suit to what money I have.

So you are literally a person that has self control and good outlook in all things , either materials or in service,  meticulous person like you are mostly the kind of people that becomes rich because of their dedication and being outstanding .
so please continue being that and try also to extend your attitude towards others who nears you because they are the one that needs more than what you are having.
budgeting money for gambling is indeed we need to be , and we need to act.
so in some chances we made mistakes but what is important what we learn from mistakes.
gamble only money you can afford to lose and never the funds that needs for important things in life.

[fullhdpixel]

I am always a bit cautious of free sport betting tips from the Internet. It is hard to tell how reliable they are and most of the time there is no real tip history that shows us how the tips performed in the past. If we can make money of the tips then paying a monthly is fine. I just don't understand why people aren't using their tips only for themselves and their friends and family? Because the more people follow their tips the lower the payout is going to be.

Yeah, I never tried to bet with any of free tipsters as I do believe on my own predicting skills to bet with. I do often get free betting from crypto gambling houses on various promotions and even for those free bits, I never used any free betting tips. I have been subscribed to lots of tipsters in telegram and discord channels and I have noticed more than one tipster is providing same kind of predictions still I do bet on my own predictions only as I do care my betting bankroll the most.

[bitterguy28]

There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.

Obviously in lower liquidity markets odds crash faster.

What is the connection to the topic mate? sorry but OP is asking aBOUT THE budgeting and not about the per paid tipster.

though there are only few that uses this service because not just because it is expensive , other gamblers choose to find their luck than cheating.

[Karartma1]

I'm trying a classic in preparation of the next betting season: the fixed bet strategy which refers to betting the same percentage of your bankroll each time.
For example, if you have an initial bankroll of $1,000 and you decide to use this strategy, you will first need to determine the percentage to play. Let's say you decide to use 5%. So, your first bet will be $50, while your second bet will be 5% of the updated bankroll, after the result of the first bet (depending on whether you lost or won).
Basically, by betting on such a small percentage, you will ensure that you can lose many times and still have money for future bets.
The main disadvantage of this strategy, however, is related to the possibility of winning high amounts.
That is, the strategy doesn't care about odds, probabilities and possible gains; it only focuses on the amount of the bankroll. Therefore, in some cases, it might prevent you from winning more, just as it can limit your losses.

[Adzivu]

From my experience (and I have a lot of it) that isn't bad.
They are not just my own bets, but also bets from other good and reputable tipsters that are beating certain league.

So i don't agree with you when you say you shouldn't follow others.
There are plenty of good and profitable tipsters.

I also have my share of experience with certain tipsters. I don’t claim to have a lot of it, but I have followed a few guys when I was younger. What I noticed is that the win rate is usually around 50-55%. That's not exactly great. And you have no way of knowing if the results of the tipster you follow will be good or bar in that particular month and period you paid for. If they have built a certain reputation, they usually require that you pay to receive the tips, and that can amount to a few hundred dollars per month as well.

I still think doing your own research and betting only on the sports you have some knowledge in beats blindly following anonymous people over the Internet. Since we are on a Bitcoin forum, I can draw a comparison with following a crypto trader and doing the same trades as he does. Not exactly the best way to invest.    

55% winrate at average odds 1,85 give you already 2% yield. I'm happy with that in the long run.
 That's why you don't follow a guy with a low sample size. 100+ picks over a longer period of time is a must to see if someone is profitable or not.

There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.

Obviously in lower liquidity markets odds crash faster.

I am always a bit cautious of free sport betting tips from the Internet. It is hard to tell how reliable they are and most of the time there is no real tip history that shows us how the tips performed in the past. If we can make money of the tips then paying a monthly is fine. I just don't understand why people aren't using their tips only for themselves and their friends and family? Because the more people follow their tips the lower the payout is going to be.

Well, free is also good sometimes.
Most of them had free service at the beginning to establish themselves.

There are a lot of specialized sites/portals for sports betting tipsters.
Most of the good ones cost some monthly fee.
Some of them have options to automatically copy their bets but most don't so you have to place them manually.

Obviously in lower liquidity markets odds crash faster.

What is the connection to the topic mate? sorry but OP is asking aBOUT THE budgeting and not about the per paid tipster.

though there are only few that uses this service because not just because it is expensive , other gamblers choose to find their luck than cheating.

Why are you so bitter?
I asked a question, got a response and a question and responded to it.

If you consider paid tipsters cheating then I would recommend you to read more about that whole industry.

Where can I find those tipsters?
I'd appreciate if you could point me to their threads or whatever.

Thanks.

There are many of them if you just search through the pages on this section. A few years ago, there really are a lot of those tipsters giving their day to day tips for free.
But they seem to offer more if you're going to pay them with their special group outside the forum but those free tips were already fine.

Is there actually a platform that is similar to all this social trading stuff that is currently going through the roof?

I can imagine if you have such a platform and there is a guy who is betting with above average results that people would follow like they do on social trading websites. Or is the problem that when many people bet on the odds of the superior guy that the odds are always adjusted in a way that the edge will be lost?

Here is the question I responded to. I didn't use quotes because my post is right after the post above and I consider it an answer to that post, not any other in this topic.

[KTChampions]

I also have my share of experience with certain tipsters. I don’t claim to have a lot of it, but I have followed a few guys when I was younger. What I noticed is that the win rate is usually around 50-55%. That's not exactly great. And you have no way of knowing if the results of the tipster you follow will be good or bar in that particular month and period you paid for. If they have built a certain reputation, they usually require that you pay to receive the tips, and that can amount to a few hundred dollars per month as well.

I still think doing your own research and betting only on the sports you have some knowledge in beats blindly following anonymous people over the Internet. Since we are on a Bitcoin forum, I can draw a comparison with following a crypto trader and doing the same trades as he does. Not exactly the best way to invest.    

55% winrate at average odds 1,85 give you already 2% yield. I'm happy with that in the long run.
 That's why you don't follow a guy with a low sample size. 100+ picks over a longer period of time is a must to see if someone is profitable or not.
~

Firstly, there is indicated a range with an average value of 52.5%, and even with a coefficient of 1.85, such forecasts are unprofitable.
Secondly, where did you get that there were forecasts for such large coefficients? Perhaps these were predictions with odds of 1.5 - 1.6 or lower "guessing" which with such a probability is very easy (but not profitable).

[Adzivu]

He mentioned that he found guys with 50-55% winrate, I just said that mathematically 55% winrate at average odds 1,85 makes you profit long term with flat stakes.

Blogabet . tipstertube, pyckio are some of the sites where you can compare tipsters with verified stats.

1,85 is not "large odds" it's "industry standard" for most of the guys.

[Woodie]

I have never put gambling on my budget because this feels like you always be gambling, probably becoming an addict too.
 I think I don't go big with gambling such that your income is all redirected to gambling. All I do is work with a fixed amount I set aside to play with as my safety  net to avoid over spending.  By the way I have cut down on gambling because my losses are catching up with me, the house is just too good looking for something more profitable.

[goinmerry]

1,85 is not "large odds" it's "industry standard" for most of the guys.

I agree with that standards.

The range is starting from 1.7 to 1.9. For x2 or 2.0, somehow it adds some more risks.

He mentioned that he found guys with 50-55% winrate, I just said that mathematically 55% winrate at average odds 1,85 makes you profit long term with flat stakes.

Actually, that win rate is low especially if we are talking about sports betting.

A good winning rate should be at least 60%-70%.

[Adzivu]

Ask anyone that is betting and they'll tell you they are happy with 6% yield. Anything above that is extraordinary.

[sempak]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

[Natalim]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

Great job, discipline is very important in gambling, you manage the risk by strictly following your budget and you should not go beyond your budget. Being responsible will make you in control all the time and you'll never lose control that would result to betting big amount that you'll only regret when you lose.

Gambler's life will only be ruin because if their bad decision making.

[KTChampions]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

Do you really play every day? In my opinion, this is an obvious sign of gambling addiction and you really should worry about it. In any case, it's good that at least you can discipline your gambling spending. And if it's not a secret, how long have you been gambling on such a schedule (almost every day or every day)?

[panjul07]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

Do you really play every day? In my opinion, this is an obvious sign of gambling addiction and you really should worry about it. In any case, it's good that at least you can discipline your gambling spending. And if it's not a secret, how long have you been gambling on such a schedule (almost every day or every day)?

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

[Fredomago]

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

Good case, is that similar to an experienced gamblers who can managed to milk out some cash from the house?  it's possible that due to experienced and good money management this kind or type of gambler exist.

They are into gambling with a system that allows them to win some and quit or to lose some then stop. Money management or bankroll managements are always the topic for each gamblers to avoid heavy addictions, you needed to have a good control with your emotions
and keeps on taking advantage with some luck behind you while you are in-play.

Maximizing some luck and quit in an earlier stage and manage to stay out to keep some winning or to stay at a smaller amount of losing.

[stomachgrowls]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

Do you really play every day? In my opinion, this is an obvious sign of gambling addiction and you really should worry about it. In any case, it's good that at least you can discipline your gambling spending. And if it's not a secret, how long have you been gambling on such a schedule (almost every day or every day)?

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

People who do indeed gamble on daily basis could really be considered to be a gambling addict and not for those people who do play on weekends or casual basis.When it  comes to budget  then this would really be varying

on someones financial capacity because not all would really be having that big income or assets or savings for them to spent out on gambling and some are just really that keen on spending into entertainment.

My budget would be only in  between 5-10% overall in my monthly salary and i do play occasionaly or into those times which i do see that theres some interesting games that i do love to bet on.

[Smartprofit]

Of course I always set limitation, amount limitation to my budget. I only seek fun so if I have some profit from gambling I save it to my gambling budget in that way I have more gambling budget and I only refill it whenever it reaches 0 for example this month I have 0 balance then I fill it up around $1000 that's for whole month then of course I divide it by day.

This kind of budgeting strategies would also help you to be a responsible gambler and lowers the chance of being addicted to gambling since you control yourself.

Do you really play every day? In my opinion, this is an obvious sign of gambling addiction and you really should worry about it. In any case, it's good that at least you can discipline your gambling spending. And if it's not a secret, how long have you been gambling on such a schedule (almost every day or every day)?

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

People who do indeed gamble on daily basis could really be considered to be a gambling addict and not for those people who do play on weekends or casual basis.When it  comes to budget  then this would really be varying

on someones financial capacity because not all would really be having that big income or assets or savings for them to spent out on gambling and some are just really that keen on spending into entertainment.

My budget would be only in  between 5-10% overall in my monthly salary and i do play occasionaly or into those times which i do see that theres some interesting games that i do love to bet on.

10-15 percent of your salary is a normal gaming budget.  No more highlighting. 

I recommend purchasing a special bank card and making a deposit exclusively from it.  This will systematize the process.  If you managed to win this month, then do not increase the budget for next month. 

It is better to spend this money on your family - buy candy and ice cream for the children, and fruits and flowers for your wife. 

Reinvestment can be beneficial in business.  However, in gambling, such an action does not make sense. 

You play for fun. 

Your goal is not to make a profit.

[Kong Hey Pakboy]

I have never put gambling on my budget because this feels like you always be gambling, probably becoming an addict too.
 I think I don't go big with gambling such that your income is all redirected to gambling. All I do is work with a fixed amount I set aside to play with as my safety  net to avoid over spending.  By the way I have cut down on gambling because my losses are catching up with me, the house is just too good looking for something more profitable.

You should put it in my opinion because it helps you to be mindful of how much you're spending when you're gambling. You are on the right path already, you have a fixed amount but at the same time you should record what's happening to help you much better in terms of managing your money.

[Cryptmuster]

10-15 percent of your salary is a normal gaming budget.  No more highlighting. 

I recommend purchasing a special bank card and making a deposit exclusively from it.  This will systematize the process.  If you managed to win this month, then do not increase the budget for next month. 

It is better to spend this money on your family - buy candy and ice cream for the children, and fruits and flowers for your wife. 

Reinvestment can be beneficial in business.  However, in gambling, such an action does not make sense. 

You play for fun. 

Your goal is not to make a profit.

As a rule, betting leads to a loss of funds over a long period of time, so it is better not to get carried away with large amounts of bets, which will almost always lead to the loss of large amounts. It is better to have a small budget and try to increase it, if possible, then you can play for an increased deposit and see what happens to it over time, whether it increases or decreases.

[junmisakiro]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I had previously set a percentage with a monthly income, but unfortunately the decision only lasted for a short time because I couldn't control my emotions completely when the game was exciting, which prompted my intention to deposit again and again, even though I realized that in the long run I would lose everything, if I keep doing stupid things like this.

[DU18]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I had previously set a percentage with a monthly income, but unfortunately the decision only lasted for a short time because I couldn't control my emotions completely when the game was exciting, which prompted my intention to deposit again and again, even though I realized that in the long run I would lose everything, if I keep doing stupid things like this.

This has happened to me, but because of the current economic pressure, it makes me really have to take care of my finances and one of them is by reducing the amount of my allocation of funds for gambling, so far I have spent almost $80-$100 for do gambling in a week but now I only spend about $20-$30 a week, at first it was very difficult to do because it was a fun factor as you said but of course I have to put that aside in order to maintain my family finances, and I'm sure if you make a family as an impetus to stop it of course the possibility it will work in my opinion.

[KTChampions]

Do you really play every day? In my opinion, this is an obvious sign of gambling addiction and you really should worry about it. In any case, it's good that at least you can discipline your gambling spending. And if it's not a secret, how long have you been gambling on such a schedule (almost every day or every day)?

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

I have big doubts about this 
Of course, a lot depends on how long it takes and if the period is short, then this does not mean anything, but in most cases if a person was able to arrange his life in such a way that he has the opportunity to do something every day, then this suggests that he has a lot of addiction to it.
By the way, when I read your message, I remembered one anecdote: A fan of smoking weeds says
- How good that marijuana is not addictive! I'm smoking for five years every day, but I can quit at any time!
 

[michellee]

I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I had previously set a percentage with a monthly income, but unfortunately the decision only lasted for a short time because I couldn't control my emotions completely when the game was exciting, which prompted my intention to deposit again and again, even though I realized that in the long run I would lose everything, if I keep doing stupid things like this.

It shows to you that you need to learn about controlling yourself and not getting emotions in gambling. Maybe you can set your budget and trying not to break that limit and if you lose all of that budget, you need to stop gambling as soon as possible and not even think to deposit or borrow money from others because you can get into trouble soon. From what you say, I suggest you not to playing gambling for a long time because you can deposit more money if you lose and you will hard to stop.

[kkaroul4]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

[tyz]

People who do indeed gamble on daily basis could really be considered to be a gambling addict and not for those people who do play on weekends or casual basis.

You can't say that as a blanket statement. There are also people who bet every day without being addicted, those who do it as their main job or have a good side income. However, they do it professionally and are not guided by emotions. They usually have a strict money and balance management and thus also regularly in profit. I know that because I know people like that.

[Oasisman]

Gambling everyday can be considered as an addiction but not all who gamble everyday are addict.
Those who gambler every single day but they are able to manage the time and money well, I can say they are not addicted.
Lets say he is gambling everyday but he has can start and stop his gambling session wisely each day, I would say he is smart gambler instead of an addict.

Does a "smart" gambler like this really exist?
I mean the first sentence are contradicting.
When you gamble every single day, regardless of the amount of money you gamble, regardless of how you manage your time (of course you need to manage your time between gambling and day job/business), gambling addiction is measured on how frequent your gambling activities are, not the time and money management everytime you gamble.
Well, gambling everyday seems an obvious ground for gambling addiction, because the urgency to gamble during your past time everyday will become normal to you.

[hahay]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

I think a good budget is a budget that has been prepared only for the purpose of something, if you are still increasing or sometimes using it for expenses then I guess it can get messy. That is, if you have prepared a budget for gambling even though it is only to gamble on one day and then in gambling you lose until you lose the budget, then as much as possible you should stop at that time but if you increase the budget when you lose then that is not the right way of discipline.

[carlisle1]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

I think a good budget is a budget that has been prepared only for the purpose of something, if you are still increasing or sometimes using it for expenses then I guess it can get messy. That is, if you have prepared a budget for gambling even though it is only to gamble on one day and then in gambling you lose until you lose the budget, then as much as possible you should stop at that time but if you increase the budget when you lose then that is not the right way of discipline.

Exceeding to your target budget is not a healthy practice when dealing with gambling, always best to stop when your bankroll was empty.

From that you can say that you have good discipline and you are still in control with your gambling activities, most of the time there's a surge inside you urging you to deposit more as you may win and recover, but once you allow that to happened you'll find yourself losing a lot that day.

Regrets should not take place if you follow your routine, set the amount and make sure not to add more.

[$crypto$]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

I think a good budget is a budget that has been prepared only for the purpose of something, if you are still increasing or sometimes using it for expenses then I guess it can get messy. That is, if you have prepared a budget for gambling even though it is only to gamble on one day and then in gambling you lose until you lose the budget, then as much as possible you should stop at that time but if you increase the budget when you lose then that is not the right way of discipline.

Exceeding to your target budget is not a healthy practice when dealing with gambling, always best to stop when your bankroll was empty.

From that you can say that you have good discipline and you are still in control with your gambling activities, most of the time there's a surge inside you urging you to deposit more as you may win and recover, but once you allow that to happened you'll find yourself losing a lot that day.

Regrets should not take place if you follow your routine, set the amount and make sure not to add more.

As much as possible, we should be able to manage the budget as healthy as possible because there we can control ourselves from gambling and I think this will become normal even when the balance is empty you will not become addicted to depositing again because it has been budgeted for how much to gamble, so indeed discipline is very important in gambling.

I've been doing this for a long time and it really works, because I won't bother spending necessities because it's my duty to look after them, and gambling funds are budgeted when how much income we get for a week or month.

[Smartprofit]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

Gambling winnings are a bonus.  

It is logical to spend them on something unusual, and not just to finance running costs.  Make your dream come true.  

For example, flying in a hot air balloon, scuba diving, traveling, going to an expensive restaurant.  

This will allow you to organize an interesting Life Style.  At the same time, it will not give you the opportunity to develop gambling addiction.  In addition to gambling, an interesting Life Style awaits you.  

Focusing on Life Style will save you a lot of trouble.

[South Park]

Correct, setting up a budget is not a winning strategy, it is a strategy that will help you to avoid losing huge amounts of money that you cannot really afford to lose, so I have been always in favor of people having a budget, that way even if they happen to lose control of their gambling during a session if they can respect that budget then those losses are not going to be a big deal since they can just stop gambling during the rest of the week or month and they will still have lost the same amount of money.

As a savvy gambler, you should never forget that you should never risk more money than you can afford to lose, and that you should set aside some money and budget for gambling.
You set a budget and stick to it and when the gambling capital that has been budgeted is used up, your gambling is done and that is to prevent you from becoming addicted and disciplined.

Not only that setting up a budget is a great way to be able to tell that something is wrong with your gambling, after all if you are constantly going above your budget and you are spending more money than your current allocation then that is a sign that something is wrong and that something must be done about it, this is an early sign that tells you that something is wrong, some people will disregard that sign but for those that know the signs of addiction this is going to be worrisome and they will take early action before an addiction develops.

[Hamphser]

Correct, setting up a budget is not a winning strategy, it is a strategy that will help you to avoid losing huge amounts of money that you cannot really afford to lose, so I have been always in favor of people having a budget, that way even if they happen to lose control of their gambling during a session if they can respect that budget then those losses are not going to be a big deal since they can just stop gambling during the rest of the week or month and they will still have lost the same amount of money.

As a savvy gambler, you should never forget that you should never risk more money than you can afford to lose, and that you should set aside some money and budget for gambling.
You set a budget and stick to it and when the gambling capital that has been budgeted is used up, your gambling is done and that is to prevent you from becoming addicted and disciplined.

Not only that setting up a budget is a great way to be able to tell that something is wrong with your gambling, after all if you are constantly going above your budget and you are spending more money than your current allocation then that is a sign that something is wrong and that something must be done about it, this is an early sign that tells you that something is wrong, some people will disregard that sign but for those that know the signs of addiction this is going to be worrisome and they will take early action before an addiction develops.

Which would really be a wasteful act and  would definitely result into problems later on when you do spend much above into your budget.You shouldnt really be having that kind  of behavior because if you dont like to experience problem then you should be mindful about your spending.

Budget should be only sufficient on your leisure needs because if you do make it as a source of income then you would likely to be spending more on the amount that you had allocated.

In result? You would really be get addicted at the same time you would really be having some financial problems later on.

[Natalim]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

Gambling winnings are a bonus.  

It is logical to spend them on something unusual, and not just to finance running costs.  Make your dream come true.  

For example, flying in a hot air balloon, scuba diving, traveling, going to an expensive restaurant.  

This will allow you to organize an interesting Life Style.  At the same time, it will not give you the opportunity to develop gambling addiction.  In addition to gambling, an interesting Life Style awaits you.  

Focusing on Life Style will save you a lot of trouble.

Your suggestion seemed expensive, but of course it will help if you have the budget, but unfortunately, most people who are addicted in gambling are those who does not have a financial freedom, they got addicted for trying to win big money as they think it's an opportunity to change their lives to improve financially in just a short period of time.

[Fredomago]

Which would really be a wasteful act and  would definitely result into problems later on when you do spend much above into your budget.You shouldnt really be having that kind  of behavior because if you dont like to experience problem then you should be mindful about your spending.

Budget should be only sufficient on your leisure needs because if you do make it as a source of income then you would likely to be spending more on the amount that you had allocated.

In result? You would really be get addicted at the same time you would really be having some financial problems later on.

Mismanaged of your funds will surely harm you in the long run, you should always stay with your allocated budget and never to exceed with it, responsible gambling saves you  from getting addicted.

If you set a certain amount with your gambling leisure best to keep it that way, please your desire but control your emotions.

When you're done using your budget then it's also time for you to quit, take the enjoyment and experienced it will give you good vibes not those regrets when you overspend your money, amount that you are not willing to let go.

[Macadonian]

$20 every week is my budget and I do not go over that amount most weeks. There have been times where I have gone above it but this is rare and has only happened when there are big events on like the Euros a couple of weeks ago. I think it is healthy to set a budget and only go above it sometimes when there are special events on.

[Marvelman]

$20 every week is my budget and I do not go over that amount most weeks. There have been times where I have gone above it but this is rare and has only happened when there are big events on like the Euros a couple of weeks ago. I think it is healthy to set a budget and only go above it sometimes when there are special events on.

Fixed betting budgets are a great thing. It enables you to bet within your means and don't risk money that you can't afford to lose, which is perhaps one of the most important skills of a successful bettor. The odds will sometimes not go in your favor and you feel as if you're simply losing wager after wager. This leads many people to increase their stakes to try to recover their losses when their luck returns. Unfortunately, this rarely works.

[KTChampions]

Your suggestion seemed expensive, but of course it will help if you have the budget, but unfortunately, most people who are addicted in gambling are those who does not have a financial freedom, they got addicted for trying to win big money as they think it's an opportunity to change their lives to improve financially in just a short period of time.

In fact, the main paradox of gambling addicts is that even if they win a large amount of money, they still continue to gamble (usually up to a complete loss) instead of actually changing their lives. I have heard many such stories, plus stories where a gambler who won a lot of money spent all of them on entertainment. But I don't remember a single one when the lucky one would open a business or do something serious.

[bitzizzix]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

Budgeting gambling capital in my opinion is very important and to avoid you losing a lot of money, but all of that must be supported with high discipline and consistency because it is not easy.
when you bet within the budget for some time you set and when you lose and your budget runs out you don't add any more.
And if you have several wins, you can use the winnings for other purposes or to prepare for the next budget capital and you stay consistent and play with the budget that has been prepared until the time limit runs out.

[ipanks]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

That is the only way prevention that we can do to prevent the big loss. They have different monthly budgets, and I am sure they will not try to break the budget because if they do that, it can lead them to more losses. You can hope to make little money from your gambling, but I suggest you do not try hard to make money from gambling because the result will not always be what you expected. Maybe you can limit or set your budget by playing gambling so you do not feel curious about winning.

[Sanitough]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

That is the only way prevention that we can do to prevent the big loss. They have different monthly budgets, and I am sure they will not try to break the budget because if they do that, it can lead them to more losses. You can hope to make little money from your gambling, but I suggest you do not try hard to make money from gambling because the result will not always be what you expected. Maybe you can limit or set your budget by playing gambling so you do not feel curious about winning.

Curiosity is the first step on why people get hooked on gambling, and getting hooked is not really a bad thing if from the very beginning you already understand what you are doing as you will certainly be responsible for gambling. I also have a dream to make consistent money in gambling, like those who are making a living from it, but I know it's not for everyone and one has to have the proper skills in order to make a living in gambling.

As a gambler, we should be honest with ourselves as that's the only way to know our real capacity, whether we are just for fun or for serious business.

[dunfida]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

Budgeting gambling capital in my opinion is very important and to avoid you losing a lot of money, but all of that must be supported with high discipline and consistency because it is not easy.
when you bet within the budget for some time you set and when you lose and your budget runs out you don't add any more.
And if you have several wins, you can use the winnings for other purposes or to prepare for the next budget capital and you stay consistent and play with the budget that has been prepared until the time limit runs out.

Do you equally have budget for gambling purpose too? Playing gambling within the budget is a very good idea to help one not to get addicted to gambling. If one is discipline and work within the budget I see no reason why people should be addicted for I believe it is act of indiscipline that make one to be addicted. Is just like drinking alcohol, if you drink responsibly you will not get drunk.

Always stick with your budget and wont go over it or would be overspending because if you have already on this state then its simply showing that you are already addicted with gambling.

This is something that you should stop right away when you are still on midway because if the problem would even becomes worst then it would really be a regretable thing that would happen into your life.

If you dont like to experience it then better be mindful towards your actions and be sensible on any situation.

[seleme]

3% or 5% means you truly manage your gambling budget since degen gamblers don't care after one point how much they spend to keep chasing losses. Personally, I prefer to do it around 10% of the total passive income I get and I never mix the main income source with gambling since gambling addiction can have a huge effect on it. Long story short, just gamble for fun and for fun having a spare extra few hundred dollars is enough, IMO.

Some people prefer to gamble half the salary and they keep believing recovering the loss is possible in a single session. Having decent money management requires to recover the losses of previous dead sessions slowly, for example, I prefer to recover the losses in two weeks rather than doing all in few days. Rushing to recover the loss in short timeframe will make losses double, so gambler are supposed to make a bigger deposits which can be a another loss for a day.

[boyptc]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis.

There have been actually doing that if you read a few posts back then. They are gambling with a budget on a monthly basis and others do that as long as they've got spare money.

This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

If you want to gamble and you don't have a budget yet, might better allocate and wait for your money to come.

[yayayo]

I think people always agree with themselves in the beginning to set a limit for gambling. But what do you do when you want to go over that limit, since you have lost your bet? Then the problems often start that can no longer be foreseen.

ya.ya.yo!

[UmerIdrees]

It depends if I don't have expenses for the current month, I increase my gambling budget and sometimes I get my expenses from my betting budget if I managed to win. This is really a nice discussion since trying to budget your fund in gambling is one of the really important things since it will let you be a responsible gambler.

Gambling winnings are a bonus.  

It is logical to spend them on something unusual, and not just to finance running costs.  Make your dream come true.  

For example, flying in a hot air balloon, scuba diving, traveling, going to an expensive restaurant.  

This will allow you to organize an interesting Life Style.  At the same time, it will not give you the opportunity to develop gambling addiction.  In addition to gambling, an interesting Life Style awaits you.  

Focusing on Life Style will save you a lot of trouble.

Your suggestion seemed expensive, but of course it will help if you have the budget, but unfortunately, most people who are addicted in gambling are those who does not have a financial freedom, they got addicted for trying to win big money as they think it's an opportunity to change their lives to improve financially in just a short period of time.

We do not need to adopt expensive life styles to get ourselves free from gambling. You can visit to parks or have candle light dinner are enough to keep you from gambling addiction. Its in our mind will, that we want to treat gambling as a fun activity or make it a deadly hobby which may lead towards our poverty.  A very useful advice would be not to  make gambling the primary source of income.

[Tumanggor]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

I'm also surprised that you don't have a budget for gambling. I think you don't really manage your expenses every month
it's a good thing if you want to try to manage your finances while gambling so you can know how much your monthly expenses are

One of the keys to not losing in gambling is being able to manage and control finances

[TheGreatPython]

it's a good thing if you want to try to manage your finances while gambling so you can know how much your monthly expenses are

Not just in gambling; everywhere be must keep track of how much we are spending and how much we are earning for that we could have control over our economy. Moreover, maintaining expense details will definitely help to find out what are the expenses are not necessary so that we could have better saving for securing our future.

One of the keys to not losing in gambling is being able to manage and control finances

I don't think so. Managing your finances will help you to have less spending for your gambling but that definitely got nothing to do with your losses in gambling. But at the same time, if you are less spending for gambling then there will be the better chances for less losses in the end.

[ethereumhunter]

Waoo! This is my first time of hearing that some people do have budget set aside for gambling on a monthly basis. This is a very nice one but I don't have a budget for gambling maybe I will start now since I have making little money out of my gambling this days.

I'm also surprised that you don't have a budget for gambling. I think you don't really manage your expenses every month
it's a good thing if you want to try to manage your finances while gambling so you can know how much your monthly expenses are

One of the keys to not losing in gambling is being able to manage and control finances

I am sure managing the finances will give us a chance to know how much our free money is and how we will use that money. If we have free money that we do not use for anything, we can use it to gamble, but of course, we need to limit playing gambling. Otherwise, we will use more and more money and we will lose it in the gambling games. If we can limit our money to gamble, we do not disturb the other money that we already set it every month.

[Cacingkemi]

I don't actually have a betting budget. I know it's surprising but it's true, I just based it on my mood for example in sports betting if there are some good events of course I increase my budget to it and if there's something like football competition or wagering competition I increase my budget to that but that varies it's around $1000 or more.

[hahay]

I don't actually have a betting budget. I know it's surprising but it's true, I just based it on my mood for example in sports betting if there are some good events of course I increase my budget to it and if there's something like football competition or wagering competition I increase my budget to that but that varies it's around $1000 or more.

Not sure about $1k, as gamblers who don't have the budget to gamble will at least only be playing with money ready to lose which means it's not a huge amount. A gambler who has a regular or calculated budget, it is easy for him to prepare a large budget for gambling. But for players who only gamble occasionally in my opinion, I'm not sure that such a gambler will spend a lot of money just to gamble for a moment.

[Fredomago]

I am sure managing the finances will give us a chance to know how much our free money is and how we will use that money. If we have free money that we do not use for anything, we can use it to gamble, but of course, we need to limit playing gambling. Otherwise, we will use more and more money and we will lose it in the gambling games. If we can limit our money to gamble, we do not disturb the other money that we already set it every month.

Limitation is always a key, it will guide you not to lose more and it will also allow you to win over the house, if you have good limits with your gambling activities either ways, win or lose just know when to stop and you are good to go.

Taking some portions from your budget and allow yourself to be entertained, but always know when to quit that's your advantage dealing with this activity.

Value your money and set only the amount that you are capable to let go.

[Furious 7]

I don't actually have a betting budget. I know it's surprising but it's true, I just based it on my mood for example in sports betting if there are some good events of course I increase my budget to it and if there's something like football competition or wagering competition I increase my budget to that but that varies it's around $1000 or more.

Not sure about $1k, as gamblers who don't have the budget to gamble will at least only be playing with money ready to lose which means it's not a huge amount. A gambler who has a regular or calculated budget, it is easy for him to prepare a large budget for gambling. But for players who only gamble occasionally in my opinion, I'm not sure that such a gambler will spend a lot of money just to gamble for a moment.

I agree, how can $1000 be at stake in a big competition is that not great? a gambler who does that, of course, is only ready for what he holds in his funds and is ready to lose if determining a $1000 fund is not an easy thing because in gambling, he will feel very sorry if he allocates large amounts, even I am also a gambler with a budget, I will know how the limit is and does not exceed thousands of dollars unless he is a gambling addict who has everything ready.
Every certain competition will of course have a budget that already knows how it should be spent.

[South Park]

$20 every week is my budget and I do not go over that amount most weeks. There have been times where I have gone above it but this is rare and has only happened when there are big events on like the Euros a couple of weeks ago. I think it is healthy to set a budget and only go above it sometimes when there are special events on.

This is the way it should be done, having very clear limits about when and how much to gamble and remaining the majority of the time below those levels is the healthiest way to gamble, many people do not like this because they think it interferes with their fun as they cannot any longer do whatever they want and they feel they are missing some of the fun they got with their gambling without those limits, but people like that should use a budget as that kind of thinking could easily lead them to become addicted to gambling.

[codegnome]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

[Yamifoud]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Your emotion is what makes you enjoy, so don't put it aside, instead, try to manage your emotion that you will not be too happy and too sad when gambling. Some just lose their control, when they are winning they like to win more, which resulted in them losing all their bankroll, but what's worse is when they are losing, they still keep gambling and forget their limit.

[ethereumhunter]

I am sure managing the finances will give us a chance to know how much our free money is and how we will use that money. If we have free money that we do not use for anything, we can use it to gamble, but of course, we need to limit playing gambling. Otherwise, we will use more and more money and we will lose it in the gambling games. If we can limit our money to gamble, we do not disturb the other money that we already set it every month.

Limitation is always a key, it will guide you not to lose more and it will also allow you to win over the house, if you have good limits with your gambling activities either ways, win or lose just know when to stop and you are good to go.

Taking some portions from your budget and allow yourself to be entertained, but always know when to quit that's your advantage dealing with this activity.

Value your money and set only the amount that you are capable to let go.

Absolutely right. Limitations can be our way not to lose more from the house. A gambler will lose much more money and the house will take all; that is, the winner takes all.

I agree with knowing when to stop and when we gamble and if we can combine that with the limitations, that will really help us to prevent the big loss.

If we can value our money, we will not gamble too much money because we will remember that we have the other things that need that money so we will think that it is not worth it if we lose in the gambling games.

[Cryptmuster]

Your emotion is what makes you enjoy, so don't put it aside, instead, try to manage your emotion that you will not be too happy and too sad when gambling. Some just lose their control, when they are winning they like to win more, which resulted in them losing all their bankroll, but what's worse is when they are losing, they still keep gambling and forget their limit.

It is difficult to be indifferent to defeat, to be upset or rejoice, this is normal, but it is very important to follow bank management in order to not lose a lot of money. If there is a strategy and it is reasonable to place bets, when one bet is not more than 3-5% of the pot, then everything will be all right, even if you will overtaken by a series of unsuccessful bets.

[Oshosondy]

when one bet is not more than 3-5% of the pot, then everything will be all right, even if you will overtaken by a series of unsuccessful bets.

Some people will have in mind that they will not touch more than 2 to 5% which they budget for gambling, touching more than that should have indicated to them that they are becoming a gambling addict. I have my gambling budget to be 2 to 5% and not more, I gamble just weekends, even if I lose, I will not be sad because it is chicken change that I used which will make me to to be depressed, even if I win, I use the money for fun. We should all have gambling spending limit, this will help us to avoid addiction, we should also not hide this from our relatives that we see daily.

[yazher]

Guys, I have some questions about gambling. Let's say you have $100 as capital and you ended up winning another $100 but you played more than an hour to get that amount. Is it possible for you to only play again with the money you had won? and if you lose that money, how hard it i9s to convince yourself not to use the original capital you have to play again?

I'm in this kind of situation right now where I bought some NFT pack that is worth $100 and ended up getting an NFT item that is worth $1000. I want to sell the NFT I got so that I can open more packs and thinking that I might get other expensive NFT items on multiple packs but also have some tendency to waste it all if I get worthless things. that's why I need you guys to answer my questions to know the rate of what I'm about to do.

[carlisle1]

when one bet is not more than 3-5% of the pot, then everything will be all right, even if you will overtaken by a series of unsuccessful bets.

Some people will have in mind that they will not touch more than 2 to 5% which they budget for gambling, touching more than that should have indicated to them that they are becoming a gambling addict. I have my gambling budget to be 2 to 5% and not more, I gamble just weekends, even if I lose, I will not be sad because it is chicken change that I used which will make me to to be depressed, even if I win, I use the money for fun. We should all have gambling spending limit, this will help us to avoid addiction, we should also not hide this from our relatives that we see daily.

No doubts that if you have that kind of limitations and you are practicing it well, the chance of getting addicted is more smaller than those who spend a lot.

If you  lose that portions from your budget and keep the entertainment that you gain, you simply let it go and try again the other day

or the other time when you have the same amount to spend, when you win, it's just another bonus for you to adds up from your entertainment.

[Saint-loup]

when one bet is not more than 3-5% of the pot, then everything will be all right, even if you will overtaken by a series of unsuccessful bets.

Some people will have in mind that they will not touch more than 2 to 5% which they budget for gambling, touching more than that should have indicated to them that they are becoming a gambling addict. I have my gambling budget to be 2 to 5% and not more, I gamble just weekends, even if I lose, I will not be sad because it is chicken change that I used which will make me to to be depressed, even if I win, I use the money for fun. We should all have gambling spending limit, this will help us to avoid addiction, we should also not hide this from our relatives that we see daily.

No doubts that if you have that kind of limitations and you are practicing it well, the chance of getting addicted is more smaller than those who spend a lot.

If you  lose that portions from your budget and keep the entertainment that you gain, you simply let it go and try again the other day

or the other time when you have the same amount to spend, when you win, it's just another bonus for you to adds up from your entertainment.

Where have you seen that addiction depends on the size of stakes you're gambling? It's like saying that someone drinking a lot one day would be more addict to alcohol than someone drinking several glasses every day. It doesn't make sense. Usually noobs gambling large amount of money will get rekt quickly and they won't want gambling anymore after that... Moreover Cryptmuster wasn't speaking of addiction, he was talking about bankroll management.

[DU18]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

[ReiMomo]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

[Fredomago]

Absolutely right. Limitations can be our way not to lose more from the house. A gambler will lose much more money and the house will take all; that is, the winner takes all.

And most of the time house is the one who win, only few gamblers do manage to win some from the house, most of thegambler losses everything.

I agree with knowing when to stop and when we gamble and if we can combine that with the limitations, that will really help us to prevent the big loss.

And it also helps to win some, if you set your limitations and control with your budget, you can quit with some earnings.
instead of keep losing and keep giving your money with house.

If we can value our money, we will not gamble too much money because we will remember that we have the other things that need that money so we will think that it is not worth it if we lose in the gambling games.

That's really important, knowing that you are able to control your money not to add more  whenever you losses your capital.

[bitzizzix]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

If you don't have any extra cash after you've prioritized you and your family's needs, it's best not to push yourself and don't gamble just yet.
because the necessities of life are the most important thing before you do anything else and wait until you have money outside for your needs and you can use it to play gambling whatever amount you have try not to spend it on the same day and try to budget for the next few days because no one knows if you apply it with discipline it could be the next day is your luck.
Avoid emotions and control when emotions come so that the money you have budgeted does not run out in an instant.

[dunfida]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

If you do saw that you do have a hard time  when it comes to finances for expenses then why gamble  into the first place? You should be aware nor  really be  that sensible enough to consider on what are the things

that could possibly happen if you do let yourself involved with gambling even though you know that your finances arent really that good nor even sufficient for your daily living?

Thinking it as a source of income? Better think twice because if gambling doesnt really fit out into that criteria but instead it would rather make you lost your money.

[jostorres]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

You true, in difficult economic conditions like today due to the corona pandemic, of course we must be able to manage the finances we have as well as possible so as not to have an impact on our family finances, in my opinion, emotions are the main factor that makes us lose everything in gambling and that's why we need strong emotional control when gambling.

Running out of bankroll? I mean that is a good enough reason to stop. I know you may think "of course if you do not have money, you can't gamble" but I didn't say running out of money, I said running out of bankroll. I have seen many people who gamble, lose money, and then end up depositing some more money, which is basically not a great way to gamble because you may end up losing more and more money that way.

So, if I deposited some money and gamble with it, then I am not going to deposit yet again so soon, just one a month and that’s it. Aside from that usually when I find something more entertaining that may take my attention for a while, like for example every year when the new 2K comes out I end up playing that and that usually means I will not be gambling for a while because I will be playing a game and that is why I will not have the time to gamble.

[ethereumhunter]

Absolutely right. Limitations can be our way not to lose more from the house. A gambler will lose much more money and the house will take all; that is, the winner takes all.

And most of the time house is the one who win, only few gamblers do manage to win some from the house, most of thegambler losses everything.

The house will get that all of the losing money and even the house lose, that losses will not be too big depend the gamblers because many gamblers will have that experience. Some gamblers only win for some amount and are not too big compared to the total money that the house gets.

I agree with knowing when to stop and when we gamble and if we can combine that with the limitations, that will really help us to prevent the big loss.

And it also helps to win some, if you set your limitations and control with your budget, you can quit with some earnings.
instead of keep losing and keep giving your money with house.

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

If we can value our money, we will not gamble too much money because we will remember that we have the other things that need that money so we will think that it is not worth it if we lose in the gambling games.

That's really important, knowing that you are able to control your money not to add more  whenever you losses your capital.

So that is why controlling ourselves will be necessary and important because that is key to managing our money and preventing the big loss.

[sunsilk]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

[ethereumhunter]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

[LUCKMCFLY]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

I have learned a lot about this with the blows of constant losses, sometimes having a large balance to bet usually goes like water and salt when one is carried away by emotions and greed usually loses everything.

When you play and get profits, or micro-winnings, it is something positive, because even though it is very little you are adding to something that you did not have and it is much better to remove the balance that you will soon want to have, I am one of those who think that gambling and trading should be seen as a business, that is, a traditional business where its ROI is at 3 years or more, if a player sets daily goals (Per day), excellent profits can be obtained in the medium and long term .

[sunsilk]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

[carlfebz2]

It is better to win for some amount than to lose a big amount. For that win money, we can try to place the other bet in the next days and who knows, we can win for some other amounts.

This is where many gamblers are falling shortly. If we're winning with some amounts, we'll have that plan of making more with what we can because it's making us wanting some more and that's likely as long as we've got the budget on our hand.

And we try to get some more and try to do more, we're always too positive that we won't be having a bad day. In result, the majority are losing instead of making more because of the hunger that we want to have as we engaged ourselves with that plan of gaining some more.

It results to do that and you think that because of that very little that you have and aim to gain more, it ended up badly.

It is because those gamblers greed with their winning money and want to get more winning. They never think that it is enough to win and save money by quitting the games instead of continuing to play the next rounds.

When they can set some money to playing gambling and not just add more and more money to gamble, they will not face a big loss but a small loss.

We should learn from the other gambler who shared their experience losing the money to us to prevent getting the same experience as them. Besides that, it will remind us that setting a budget and limitations will help us from the loss.

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

Should really be on this way on where people should really be not minding or not hasty on making profits because if you are really lucky on that day then you would surely make profits.

Thing here  is that you do know on how to handle your finances and would able to stop out when you are already losing that much.Budget is a must but dont go over into some amounts that you couldnt afford  to lose.

Once you do saw that you are already spending that much  then you should rethink twice on whats happening and you  might already be on the verge of addiction.

[ethereumhunter]

I have learned a lot about this with the blows of constant losses, sometimes having a large balance to bet usually goes like water and salt when one is carried away by emotions and greed usually loses everything.

When you play and get profits, or micro-winnings, it is something positive, because even though it is very little you are adding to something that you did not have and it is much better to remove the balance that you will soon want to have, I am one of those who think that gambling and trading should be seen as a business, that is, a traditional business where its ROI is at 3 years or more, if a player sets daily goals (Per day), excellent profits can be obtained in the medium and long term .

Although gambling and trading is a business, I use trading as a way to make money and gambling is a way to have fun, so I will recommend that if you want to make money, you should try trading and not trying with gambling. We can get consecutive losses without expecting, especially when our emotion becomes higher every round and that will not make us have a chance to have the money instead of losing inside the games.

So instead of using big money to gamble, it is better to use small money to have fun because gambling is a place that can give us losses in a short time. That is why if you can set a budget for gambling when you lose, your losses will not be bigger than the others and that will help you save your money if you can get out as fast as you can from gambling.

~

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

Hopefully, we can be like that and not think about winning because that will not be possible unless you have luck. Yes, learning from others experiences will help us to get more knowledge and could help us to improve ourselves not to get more losses. We will have a chance to take care of the money and will be able to manage it before the money is running out.

Maybe we can not imagine what will happen if we lose big money in gambling but that is totally a big regret for us. We will want to turn the time back and consider setting the budget to playing gambling, but unfortunately, we already lose that money and we can not back the time.

[Victorycoin]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

[molsewid]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

[BuNga_cute]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.

[Peanutswar]

In such situation, its better to avoid getting into gambling. I understand its going to be really challenging for those who are addicted. We depend on money to manage all our needs. So when there is a little, its good to plan with the little amount we have. Its easy to say or advice but yes i agree, its hard to practice though. Self realization and self control will only help to manage the situations.

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

As for now I don't think so that the gambling becomes one of the most priority some people does not have a stable job, due to having pandemic many people affected its not an ideal to do that trying to risk the funds for your daily needs just to hoping to win the game and double the earning always gambling houses win the games. Unless luck is with you.

[hahay]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

When you have experience then I'm sure even though you only have a small budget but you can still enjoy it, because big profits are just a bonus from luck and also the strategy you make. With you being able to enjoy the game then at least it is enough for you to play with calm emotions and therefore, a small budget is not a problem if you can still enjoy the game without a target to win big.

[Oshosondy]

At this time of pandemic people really wanted to have a good earning in a week or month to sustain the daily needs of their family and sometimes being a gambler they are taking the risks of using their money remained hoping that they could double it which this is totally kind of risk and I have encountered such this kind of gambler. I am a gambler too but I just feel good that I have a good self control in my gambling budget and a 3% - 5% from my earning is enough for me.

I have said before my gambling budget is only 2 to 5 percentage of my income, it can be less but it can not be more, anything more is the beginning of an addiction, having 3% - 5% is also not bad, it is also not a gambling addiction, even if someone lose, not depression will result.

For people to think they can let gambling be an occupation, it is very risky, these are people that are more likely to become an addict, they will lose and risky more and lose more. I have noticed women do not like to gamble, if they know their husband is doing such a thing, they will be against it, also married men do not gamble in such risky way like unmarried men, they have to think one or two before they can do such, when such can ruin family, they shouldn't try to do that, if anyone also think he is professional enough and see gambling as occupation, he will also lose more than he is expecting, gambling should only be taken as fun.

[Pamadar]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Budget doesn't matter if you have a good gambling experience it is possible to get more capital with less budget I agree the emotion cannot be played out here the damage will be greater must play through entertainment. If you become addicted you have to stop for now this will further reduce the amount of budget.

When you have experience then I'm sure even though you only have a small budget but you can still enjoy it, because big profits are just a bonus from luck and also the strategy you make. With you being able to enjoy the game then at least it is enough for you to play with calm emotions and therefore, a small budget is not a problem if you can still enjoy the game without a target to win big.

Experienced gamblers know the risk of having a much higher budget,

If you can enjoy using a small amount and you are content with how the entertainment brought you, winning money is part of incentives
But the main factor is the enjoyment that you gained. Lots of talks about this, regarding to betting balance and how you'll limit yourself from losing more than what you can afford to let go.

[Oshosondy]

Experienced gamblers know the risk of having a much higher budget,

That is why experienced gamblers will not make use of higher budget, that is why they are experienced. When I started to gamble, I make use of higher budget, I lose more than usual, I had to change and reduce my budget when I knew I can not make enough from gambling, that my think is poor and that I have to change because it can ruin my life if I do not change. I started using lower budget, I now live a quality life unlike before when depression will begin after I lose, the losses are all the time more than the gain until I changed by using low budget and also not gambling frequently like before.

[dustboy]

In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.

Making 3-5% profit from gambling is not that difficult if you are a risk taker. Very simple example to make 3-5% profit: lets say your initial deposit is $10, just do one bet on dice or other games where you can set the payout 1.03x-1.05x or spend 10% of your deposit in one bet by betting 1.3x-1.5x.

The risk is small with such low payout but if you are unlucky you may lose all in single bet. The other problem is, it is hard to control yourself when you win your very first bet because you may want more and more although your main target is 3-5% only.

[Poker Player]

For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Lol. In my case, I include gambling in my monthly budget, but on the income side, coming from poker. It is an estimate, because not every month is the same.

What I did before is that the money I earned from poker I put in a fund to the S&P 500. Now take it and invest it in Bitcoin instead. It's between 5 to 15% of my income.

When I discovered the crypto world I deposited and played a bit in a crypto casino to see what it was like and also occasionally I've been to land-based casinos with friends and played a bit there but I don't have a monthly budget to spend.

[madnessteat]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

[Reatim]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

and also not just limiting your budget but also the target wins because the problem with most of gamblers are yes they have budgeting but they don't have an exit plans in which instead of winning in the beginning yet they end up losing because the lust to win when we are playing is no ending , as long as we are seeing the funds in our pocket still we will play and bet.
so two things , prepare your budget to bet and prepare your target to win.

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

i think monthly budget is hard to maintain instead we should put a budget per Gaming , meaning each time we play there must bea  budget .

[newwest]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

[carlisle1]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

You do have a good control with yourself, having that kind of discipline ain't easy to do, there are times that gambling will haunt you.

Times that urgency to play is inside you, letting you think that you can win this time or on that particular events,
it's common that even you set your budget you still feel something that pushing you play and deposit another amount.

But if you do have that focus, then you are good and your chance also to win is better than those who can't control.

[stadus]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

You do have a good control with yourself, having that kind of discipline ain't easy to do, there are times that gambling will haunt you.

Times that urgency to play is inside you, letting you think that you can win this time or on that particular events,
it's common that even you set your budget you still feel something that pushing you play and deposit another amount.

But if you do have that focus, then you are good and your chance also to win is better than those who can't control.

You will either win consistently or lose with a minimal amount if you have the discipline in gambling.

It's important that everyone will understand, it's not easy to lose your hard-earned money because of your lack of discipline, so it's really important to be realistic and look at the risk first before making a decision. In gambling, there's a risk and there's a reward, but the reality says most gamblers loses money, so you know that it's not easy to win.

[Zilon]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

That's a huge level of dicipline hope you don't get tempted by your future winnings and you decide to step up your deposits from there you get tempted to stake more as well. $100 set aside for gambling is nice which means once it gets exusted you forfiet gambling for the whole of that month maybe till the next month. Will u get the fun in the industry this way?

[madnessteat]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

That's a huge level of dicipline hope you don't get tempted by your future winnings and you decide to step up your deposits from there you get tempted to stake more as well. $100 set aside for gambling is nice which means once it gets exusted you forfiet gambling for the whole of that month maybe till the next month. Will u get the fun in the industry this way?

I have a pretty good level of self-control, which I successfully use in gambling as well as in long-term investments in cryptocurrencies. I don't gamble because it attracts me to win. It is one of the activities that bring me pleasure. That is why I can do without gambling as long as I want, I just need to choose another activity that I like.

[Kakmakr]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

Pavlov's dog was learned behavior.... (Ring the bell, every time you feed him.. and he will drool.... then only ring the bell without the food and he will drool in anticipation of the food.) So how is this applicable to gambling?

Gambling must be part of your "entertainment" budget... so you know that you have to sacrifice something else, if you go over your budget. Example : Say you set aside $1000 per month for entertainment (Takeaways/Beer with friends/Movies etc.) ...and you use that for gambling.. then your punishment for yourself, will be that you cannot do these other things.  

[Smartprofit]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

I really envy you! 

You have a very strong will.  You are a very disciplined person.  These qualities of a human character are very helpful in life.  Especially in training and business.  Most players suffer big losses due to lack of discipline. 

I wouldn't be surprised if your gambling win statistics are positive.  I cannot boast of that.  I am a very emotional and gambling person.  By temperament I am choleric. 

You are probably sanguine or phlegmatic.  A balanced nervous system is a huge plus.  Although phlegmatic people do not make decisions quickly enough. 

However, they make correct and informed decisions!

[Natalim]

In my opinion, setting a monthly budget for yourself in order to limit spending money is a good idea, but I try to play gambling is not regular so as not to develop a gambling addiction (as in Pavlov's famous experiment with the dog when the dog has a new conditioned reflex), so my budget is allocated for one game and is no more than $100.

I do follow the same principle that each month on particular month I keep an x amount fixed for the playing or say for fun. If I lose that say on the very next day too than whole month I will be away as cannot input more capital as monthly budget allocated is finished. And in case if win certain amount during that month then that will be my bonus amount. This just helps to be in limits.

I really envy you! 

You have a very strong will.  You are a very disciplined person.  These qualities of a human character are very helpful in life.  Especially in training and business.  Most players suffer big losses due to lack of discipline. 

I wouldn't be surprised if your gambling win statistics are positive.  I cannot boast of that.  I am a very emotional and gambling person.  By temperament I am choleric. 

You are probably sanguine or phlegmatic.  A balanced nervous system is a huge plus.  Although phlegmatic people do not make decisions quickly enough. 

However, they make correct and informed decisions!

There's no need to envy man, as a gambler, you know the risk, therefore you need to know how to manage the risk.

Some people learn from their mistakes and they had developed to be a disciplined gamblers, it's just a matter of mindset, like managing your business, you should know up to how much you can risk and so if you''ll lose which is likely for most gamblers, you'll never lose more than you can't afford to lose.

[madnessteat]

^

This experiment with a dog perfectly demonstrates how a conditioned reflex develops. A human being as well as a dog acquires a conditioned reflex while playing gambling, which is why many players have an irresistible urge to visit a casino. Just compare the man playing in the slot machine and Pavlov's dog and you'll understand everything.

[BuNga_cute]

In my opinion, making gambling as a source of income is not only high risk, but highly discouraged. Because it is very difficult to make a fixed
profit of 3%-5% from gambling, if you can do that I am amazed by you, means that your luck is very good in the world of gambling. There are
still many ways to be able to make money from the internet that is much safer, and has little risk. I highly recommend playing gambling just
for entertainment, then the budget that I prepared for gambling was only extra money from the income I received. Even though I ended up losing
all the capital I had while gambling, it didn't become a burden for me.

Making 3-5% profit from gambling is not that difficult if you are a risk taker. Very simple example to make 3-5% profit: lets say your initial deposit is $10, just do one bet on dice or other games where you can set the payout 1.03x-1.05x or spend 10% of your deposit in one bet by betting 1.3x-1.5x.

The risk is small with such low payout but if you are unlucky you may lose all in single bet. The other problem is, it is hard to control yourself when you win your very first bet because you may want more and more although your main target is 3-5% only.

What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

[carlisle1]

What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.

[Lanatsa]

What you describe may be possible, but getting 3%-5% profit from gambling cannot be obtained in a row. The risk is that we can lose all the money
we have, if we play excessively or we can't control our greed. It's not a new thing experienced by many gamblers, if win we want to get the next win,
and ended up losing all our money. So don't be obsessed with winning when playing gambling, because it will cause us to lose a lot of money.
Just enjoy the gambling games that we do, if we do win, we must stop immediately and withdraw the profits we get.

There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.

We could really have those kind of limits that we do have set before we do able to play but once we had already gambled then stopping mid way is always been the problem on where people do really

failed to stop theirselves and would get addicted after wards on where they do spend up money that it shouldn't really be spent in the first place or simply going beyond into their budget.

When you do gamble then set limits and when its total lost then don't tend on adding up and this is kind of the behavior on where a gambler must have.

[South Park]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Even if most people know that you should only gamble with money that you can afford to lose that does not mean that people actually follow the advice, after all it is very common that people are gambling and then they get upset because of a bad loss and instead of calling it a day and login out of their account they decide they want to keep gambling so they can recover that money and they go way over their daily limit and lose so much money that by then they have some problems paying their bills.

[babo]

The maxim is always that you should only gamble with money what you can spare, but most people know that. More importantly, keep a bankroll for gambling, and a strategy. And under no circumstances go over your limits, try to put your emotions aside. Only then can you enjoy it.

Even if most people know that you should only gamble with money that you can afford to lose that does not mean that people actually follow the advice, after all it is very common that people are gambling and then they get upset because of a bad loss and instead of calling it a day and login out of their account they decide they want to keep gambling so they can recover that money and they go way over their daily limit and lose so much money that by then they have some problems paying their bills.

obviously people don't follow advice
but then it often happens that they find themselves with their asses on the ground
and that they lose money they need to live

here we give advice to avoid being in bad situations and to play as healthy fun

[Renampun]

...

...

obviously people don't follow advice
but then it often happens that they find themselves with their asses on the ground
and that they lose money they need to live

here we give advice to avoid being in bad situations and to play as healthy fun

not gambling addicts if they can still listen to advise...

addicts have lost their minds. they are willing to go all out and even borrow money for their satisfaction while playing. In my country, there was once a case of a gambling addict who embezzled company funds just for the sake of online gambling and was eventually arrested by the police. gambling addicts don't determine their budget when playing.

[sunsilk]

~

Someone who's learning from others experience and advices, he's a gambler that knows how to control himself and how to take advantage of those experiences that he has seen with other gamblers that he don't want to end up with a bad ending.

Do not be too hasty with your goal as you gamble, if the time is with you and you're lucky enough to hit those positive numbers during the time you gamble, stay aside and take your profit or bankroll so that you'll keep and worry less if the next time you gamble you lose.

Hopefully, we can be like that and not think about winning because that will not be possible unless you have luck. Yes, learning from others experiences will help us to get more knowledge and could help us to improve ourselves not to get more losses. We will have a chance to take care of the money and will be able to manage it before the money is running out.

Maybe we can not imagine what will happen if we lose big money in gambling but that is totally a big regret for us. We will want to turn the time back and consider setting the budget to playing gambling, but unfortunately, we already lose that money and we can not back the time.

It is impossible not think about winning.

We're all going to think about winning but we have to control ourselves and as well as be in shape and well as we gamble. You won't depend your action based on your budget. But you're going to make sure that you're aware with what you're doing.

Being in the right shape means that you're aware of possible consequences for every action you do.

[BuNga_cute]

~

There are many gamblers who suffered from this kind of experienced, thinking that they can quit after winning their small target.

But after filling that out they continue to try winning more, the outcome is not good since instead of winning
and enjoying they just lost it back together with their capital.

Better to enjoy your game and treat those winnings as additional incentive if you manage to win some from the house.

We could really have those kind of limits that we do have set before we do able to play but once we had already gambled then stopping mid way is always been the problem on where people do really

failed to stop theirselves and would get addicted after wards on where they do spend up money that it shouldn't really be spent in the first place or simply going beyond into their budget.

When you do gamble then set limits and when its total lost then don't tend on adding up and this is kind of the behavior on where a gambler must have.

The thing that really has to be done is to limit the budget that we will use for gambling, otherwise there is always a desire to gamble continuously.
Because every gambler is indeed very difficult to accept the losses they have experienced, and also there is always a sense of desire to win even more.
If we do not limit the budget used, most likely without realizing we will make a deposit again to be able to catch up on the losses we have experienced.
Many gamblers fail to stop themselves from getting addicted, so it's no wonder the gambling industry is growing so fast.

[Lordhermes]

Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.

Moreover,some may argue it out that keeping extra funds or budgeting to gamble may be the best thing,so as not to touch one's income.Some person's are always pretty lucky though,some are professionals in gambling,and as a result,give out games to people to play.

[chaser15]

Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.

[pinggoki]

Not only will budgeting your betting allow you to save up money. Most importantly it instills discipline to you as a gambler which is a very integral skill to learn in a field where one wrong decision could cost you a lot of money. People oftentimes downplay the importance of self-control especially when gambling since the thrill of the game instills the illusion of gambler's fallacy, where certain random events can be misconstrued for something like a lucky streak or bad luck. Can never emphasize how important this is, and all of these important skills in gambling can be learned by simply learning how to budget your own cash.

Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.

Then again it's always helpful to give friendly advice to people especially when you feel like they need it. I think all gamblers are aware of the thrill of the game and how it can mess up your perception of reality, and the least they can do to minimize, if not avoid losses is to learn how to budget their money or induce self-control when they feel like they are going overboard, you can't teach these skills anyway and they would have to learn these by themselves so it's not like you are nosing around how they do their business.

[ipanks]

Most people go all the way of keeping extra cash for betting after being paid their salary.These are people that can't do without gambling.They put all their resources in gambling,expecting that one day,they will win a big game,but the way these casino are organised and keyed,it is for only their favour,so no point in keeping extra funds for gambling.

We can't really encourage people to organize their budget whether they losing or winning since the gambling adrenaline is always there.

When they win, they will tend to gamble more expecting another win. When they lose, they will still tend to gamble more expecting to recover. The process and the cycle are just repeating.

For them to become responsible, there should be a certain situation that can trigger it. For what it is, we don't know and it varies per person.

Unless that person can realize by themselves how much money they should use to gamble. We can only suggest them but not forcing them to follow us as that is their money and they are free doing with their money.

If they can realize to stop gambling after winning, they should prepare to get the losses in the next rounds, but they will not know when to get the losses or win.

[geegaw]

...

...

obviously people don't follow advice
but then it often happens that they find themselves with their asses on the ground
and that they lose money they need to live

here we give advice to avoid being in bad situations and to play as healthy fun

not gambling addicts if they can still listen to advise...

addicts have lost their minds. they are willing to go all out and even borrow money for their satisfaction while playing. In my country, there was once a case of a gambling addict who embezzled company funds just for the sake of online gambling and was eventually arrested by the police. gambling addicts don't determine their budget when playing.

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

[BITCOIN4X]

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

I can allocate 20% of my total monthly income to entertain myself in some games. I don't think that borrowing money for gambling purposes is the best way to profit from gambling. The risk of loss is always real and bad debt is something that is most likely to occur if all the money borrowed is spent on gambling. If you really believe that a loan is okay if it is used for gambling, then I believe problems will come because of it. So far I've never done it and have no plans to do so.

[Tumanggor]

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

[Cling18]

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

I only had a realization that greediness and abuse could lead to addiction. One of the common mistakes of gamblers that goes into gambling addiction is their abusive desire to continually win once they taste a good profit which is a wrong mindset. An allocated budget for gambling no matter what's the result of our gameplay and bets should be enough.

[Russlenat]

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

I like your suggestion, the budget for entertainment should not be higher than our income
Gambling addicts are not much different from drug addicts, they are the trash of society and that's a disgusting thing

I once had a colleague at work but he was a gambling addict, his debts were very large, and that caused him divorce from his wife
Setting a budget for gambling is very important, it is non-negotiable

I only had a realization that greediness and abuse could lead to addiction. One of the common mistakes of gamblers that goes into gambling addiction is their abusive desire to continually win once they taste a good profit which is a wrong mindset. An allocated budget for gambling no matter what's the result of our gameplay and bets should be enough.

That's a stupid desire because we are getting unrealistic, hence it resulted in bigger losses in the long run, I know there are times we lose control in gambling lose with the unexpected amount but we should always learn from our mistakes, never stop learning as eventually we will get matured and will be able to enjoy gambling by staying disciplined all the time.

Enjoy the winning if we are lucky, but let us not be greedy and it always makes us suffer in the end.

[uneng]

An addict's budget can only be all the money they can borrow, through appropriation as well as their basic source of income, advice still has their ears but their hearts prefer to hear the sound of gambling, the sound of winnings after a bet and their lives are also left with chaotic disasters, almost no one wants to reach out to help such people, sometimes gambling addiction is identified as the scum of society. Under any circumstances, our budget for entertainment should not go beyond what we admit, a little flame of borrowing can burn us to ashes.

I can allocate 20% of my total monthly income to entertain myself in some games. I don't think that borrowing money for gambling purposes is the best way to profit from gambling. The risk of loss is always real and bad debt is something that is most likely to occur if all the money borrowed is spent on gambling. If you really believe that a loan is okay if it is used for gambling, then I believe problems will come because of it. So far I've never done it and have no plans to do so.

So you have made the right choice, because to borrow money for betting is totally discouraged. Besides the debt that is almost sure to go to the moon, the gambler also puts his life under risk if he isn't able to pay it back. There are many people who got murdered for not paying a loan back. Furthermore it's not dangerous only for the gambler, but for his family as well, as everyone related to the borrower will be on the radar of the loan sharks.

People who don't have money to gamble should just not gamble. This way they would be safe and sound.