Your betting budget

[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.

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[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.