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?

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[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.