Your betting budget

[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.

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[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