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Author Topic: Weekly/monthly financial statements, which do you prefer?  (Read 1517 times)
qwertyup23
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July 26, 2021, 06:12:10 AM
 #21

When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?

As much as that I want this system to be implemented in gambling websites, I doubt that such would happen.

Remember that all gambling establishments are businesses. Any process that lets the business lose money will not be implemented and this suggestion of yours is one of those. Most gamblers are unaware of their current financials. Let alone, they do not keep track of all the expenses they have incurred during gambling. That is why, gambling establishments will NEVER implement this system as it may lessen the opportunity of people gambling again.

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July 26, 2021, 07:00:38 AM
 #22

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

I have taken note of my funds used for gambling but not continuously or regularly keeping track of it.
 
I don't want to overreact to all my winning and losing amounts that it should become a necessary thing to track. I'm more focused on maintaining my winning stats and that's what I care about.

The monitoring and tracking of my funds are only applied to my monthly income, savings, and expenses personally. Gambling funds are more under the tier of extra and miscellaneous funds so no need to monitor it.
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July 26, 2021, 07:05:38 AM
 #23

Weekly is the way to go for me because it's more manageable since it's a bit smaller compared to a monthly one. Although it's a lot more work since you will do it every week but it's fruitful since you won't have to be cramming for a one time monthly entry since a months worth will be full of arranging and finding your records.
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July 26, 2021, 07:13:01 AM
 #24

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?
For me I dont think its necessary since I only spent a spare money when I gamble. The gambling site has a record of our activities as well thus if you're curious to know you can check it out there. Plus its obvious that this financial statements just shows that we have more losses than winning (unless you're a lucky gambler who often win).

I think its not a good idea since this can cause a gamblers to realize that they're spending money in gambling and lose, and if only they spend it on other things then it became worthwhile. Well anyway yes it has advantage to those who would like to track their gambling activities and use it as their guide to adjust or make changes when handling their finances.

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July 26, 2021, 07:47:57 AM
 #25

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?
No, I'm not interested in getting financial reports about my gambling activities from the casino where I play. Do any casinos provide financial reports for their members? I've never found it.
I think there is no point for players if they get financial reports, because it doesn't seem like it will change the habits of the players to be more frequent or reduce it.

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July 26, 2021, 09:04:53 AM
 #26

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?
No, I'm not interested in getting financial reports about my gambling activities from the casino where I play. Do any casinos provide financial reports for their members? I've never found it.
I think there is no point for players if they get financial reports, because it doesn't seem like it will change the habits of the players to be more frequent or reduce it.

i've never heard a casino sending financial reports to their members. because if you want to check yours, you can always go to your tx history or your bet history. though you will do it on your own if you want it to summarize weekly or monthly. i believe this is helpful for regular gamblers but if not, i dont think this is necessary.
and also for those who are tracking their budget, this would be good feature from the casino

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July 26, 2021, 09:38:57 AM
 #27

When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?

That would be really interesting but I think no gambling site would collaborative to give this statement to gamblers.The reason is that if for example a gambler who loses a lot of money see such register every week and he see his big lost amounts this can be a boomerang for the casino as the gambler may start to reflect and stop gambling immediately.Again this is a very good idea to see our weekly or monthly statistics but I am afraid no casino is willing to implement this.

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July 26, 2021, 11:02:36 AM
 #28

When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?

That would be really interesting but I think no gambling site would collaborative to give this statement to gamblers.The reason is that if for example a gambler who loses a lot of money see such register every week and he see his big lost amounts this can be a boomerang for the casino as the gambler may start to reflect and stop gambling immediately.Again this is a very good idea to see our weekly or monthly statistics but I am afraid no casino is willing to implement this.

Wolf has a "stats page"... you can check at any moment how much you won/lost! Of course, it's not on a weekly/monthly basis, it's from the moment you registered! Some casinos have that, some don't...

Generally, I don't like to watch my gambling stats! I gamble to enjoy, and I win and lose all the time... I play different games, on different sites, so I guess keeping some track of all that would be a really big pain in the ass! And as I said, I like to enjoy in what I do, not to spend time on doing calculations and keeping records!

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July 26, 2021, 11:27:39 AM
 #29

When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?

That would be really interesting but I think no gambling site would collaborative to give this statement to gamblers.The reason is that if for example a gambler who loses a lot of money see such register every week and he see his big lost amounts this can be a boomerang for the casino as the gambler may start to reflect and stop gambling immediately.Again this is a very good idea to see our weekly or monthly statistics but I am afraid no casino is willing to implement this.

I believe it is irrelevant if the owner of the gambling website does not display it. It has a logs page or a profile page that shows how much you won or total money loss and also a list of it because the gambler or anyone else wants to see it because it is your game. I, for one, want to see how much I lose or how much I win because it may inspire you to play more. But weekly is the best for me, and it also has monthly because weekly is too fast and monthly is too long, but the best part is that we have the option to choose the time span.
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July 26, 2021, 12:02:53 PM
 #30

I think it has to do with how a person manages his finances. everyone has a different lifestyle and needs,The simplest way is to record all income and expenses . so as not to exceed what it should or should be. weekly or monthly financial statements are still not enough if gambling is done all the time. having own financial notes for each income and expends in my opinion is more work. it doesn't need to be too complicated or fancy. such as writing in a notes or on a laptop is enough.

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July 26, 2021, 12:10:33 PM
 #31

When you spend money constantly in bits, it is normal that you may not be able to keep track of the amount you have spent on something say gambling or alcohol. If a financial record or something like a register is shown to you having the total amount you've spent on a habit, you may be surprised the total amount you see.

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?
I gambled Weekly so i will ask for the monthly reports , At least i will buy idea on how much I am losing and how much i am winning.

from those ratio i will make some other decisions and maybe either adjust to lowering or adding in my budget and strategy .
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July 26, 2021, 02:00:06 PM
 #32

My activities in gambling are not really that big, so I don't need to track my transactions on a daily basis or a weekly basis, I'm okay with monthly tracking but in reality, I never did that as I'm not into gambling in terms of making money, I'm more on the entertainment value, with that said, I'm spending money in gambling as I have more loses than my winnings.

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July 26, 2021, 02:27:02 PM
 #33

My activities in gambling are not really that big, so I don't need to track my transactions on a daily basis or a weekly basis, I'm okay with monthly tracking but in reality, I never did that as I'm not into gambling in terms of making money, I'm more on the entertainment value, with that said, I'm spending money in gambling as I have more loses than my winnings.
I would go for a monthly too because it's not like you are going to spend every waking day in a month just gambling, and I think that it's practical to do that more than the weekly because you will be primed to spend more money gambling when you are involving yourself with financial stuff regarding your gambling expenses.

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goinmerry
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July 26, 2021, 02:30:52 PM
 #34

I gambled Weekly so i will ask for the monthly reports , At least i will buy idea on how much I am losing and how much i am winning.

If the purpose is just to check how much money you spent on a week, you really don't need to ask the site directly for it.

They should have a record for it, all of your logs. That includes your deposit history, withdrawals, and your betting activity whether for dice, roulettes, sports betting.

Try to check it or if you don't know how, tell us what site you are using.
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July 26, 2021, 02:40:16 PM
 #35

I gambled Weekly so i will ask for the monthly reports , At least i will buy idea on how much I am losing and how much i am winning.

If the purpose is just to check how much money you spent on a week, you really don't need to ask the site directly for it.

They should have a record for it, all of your logs. That includes your deposit history, withdrawals, and your betting activity whether for dice, roulettes, sports betting.

Try to check it or if you don't know how, tell us what site you are using.

But if you are a heavy gamer and you are one of those  VIP's who uses the platform asking for this from the chat support would lessen the time for you.

For sure those who are assisting the chat would love  to take your request, but if you are just using small amount of budget just like how the post above said, you can track your activities using the sites records.

you can check those amount that you deposit and the records of all the games that you bet with.
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July 26, 2021, 02:58:41 PM
 #36

As a way to keep track, would you like to receive regular, maybe weekly or monthly financial statements highlighting wins and losses from a gambling site?

Can you share your thoughts please?
I have kept track of my spendings before when I was young, but I later noticed it is not matter at all when I have now done my budget for the month, if it is $10 that will go for gambling, it will not be more, if it is $10 that will go for alcohol, it will not be more. I have that already in my record rather than later having them in records. If they are pre-recorded, it will help in someone's spending.

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July 26, 2021, 03:16:25 PM
 #37

How about you separate a personal budget? You can take $100 from your $1000 monthly income or salary and spend it exclusively for your gambling and other habit. You won't have to keep tracking them on a weekly or monthly basis since you know where the money went to. You have to stay disciplined for this to work.

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July 26, 2021, 03:26:35 PM
 #38

I would love to be paid every week, for example, but I would keep to my budget on a monthly basis. When I was in the UK I loved to be paid every week. It makes you much more in control of your spending because when I switched to monthly I realized I was spending my wage in less than 10 days. Today I am forced to recieve my salary every month but I try to keep an healthy weekly budget because if I do not overspend I can transform those money spared into savings.
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July 26, 2021, 03:42:26 PM
 #39

I certainly want to know, because of course, it makes me a reflection of being able to play in a structured calculation. Knowing the total amount of expenses that are listed as a whole will make me curious, and can compare the losses and wins. so that from this difference we will know how much the Gambling House is playing with our finances every time we play.

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July 26, 2021, 04:23:59 PM
 #40

why not ?
I would be glade if there is a gambling site that can make a financial statement and deliver it straight to our inbox but so far there's none that does this although theres only a statistics tied in our accounts and that could still serve the same purpose but we can forgot to check them.
 It makes us unware if how much money we spent in gambling but if we saw it I think this will make us limit our self .
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