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Author Topic: Weekly/monthly financial statements, which do you prefer?  (Read 1517 times)
Rengga Jati
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August 04, 2021, 11:49:56 PM
 #101

Since casinos are not giving any weekly or monthly summary of player's statements, I think it is the player's responsibility to take care of his financials. You can always check your deposit or withdrawal history in their site. So basically, you know how much you are spending here. So if you want to take care of your own business when it comes to gambling, you will be the one summarizing your expenses when it comes to this activity.
Well maybe, but commonly we have certain gambling history in that platform so we can check them. , that is why it becomes the gamblers' responsibility in order to make ourselves able to manage what we have, what we are going to spend, what we have spent, and what we have got from it.
Maybe it is not easy enough because sometimes, we are too enjoyable in playing and forgetting to check and note those at all. However, if it has become our routine activity, we can really do that.

R


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August 05, 2021, 05:46:37 AM
 #102

Since casinos are not giving any weekly or monthly summary of player's statements, I think it is the player's responsibility to take care of his financials. You can always check your deposit or withdrawal history in their site. So basically, you know how much you are spending here. So if you want to take care of your own business when it comes to gambling, you will be the one summarizing your expenses when it comes to this activity.
Well maybe, but commonly we have certain gambling history in that platform so we can check them. , that is why it becomes the gamblers' responsibility in order to make ourselves able to manage what we have, what we are going to spend, what we have spent, and what we have got from it.
Maybe it is not easy enough because sometimes, we are too enjoyable in playing and forgetting to check and note those at all. However, if it has become our routine activity, we can really do that.
Maybe we can schedule it when we finish playing gambling to know how much our expenses are for that day.
I think that will help us know if it's too much or not so we can reduce it in the next days.
But not many of us will do that as that can feel like a boring thing that we should do every day.
So checking on how much the expenses will be better in weekly but that will depend on ourselves or doing that monthly can also better for us.

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August 05, 2021, 09:59:06 PM
 #103

Yes, that support that his wife gives is somehow noble that's supporting him as he gambles. You rarely see that type of wife because mostly, we know that they're going to stop us from this activity.
It's just a matter of relationship and how you give and take to each other and I think they're both like that. So the couple is supporting whatever the other does.

It is true that a healthy relationship in marriage, there must be communication and mutual support for each other. So for a good wife always
supports what her partner does, but so that what her partner does not cross the line, need to remind each other. So it's very good if the husband
likes to play gambling, his wife will provide support by making financial reports for her husband. So that her husband can be controlled when
playing gambling, do not use money for daily needs.
As long as they're not both gamblers and only the other one is engaged with gambling so that there's still balance in their relationship. Just like the mate that has shared his experience with his wife doing all the financial statements.
That's should be the tandem of couples who's with a gambler but not every couple are having their success supporting each other because it's still that many of them are ending with bad results and quarrel due to gambling.

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August 05, 2021, 10:19:29 PM
 #104

~
It is true that a healthy relationship in marriage, there must be communication and mutual support for each other. So for a good wife always
supports what her partner does, but so that what her partner does not cross the line, need to remind each other. So it's very good if the husband
likes to play gambling, his wife will provide support by making financial reports for her husband. So that her husband can be controlled when
playing gambling, do not use money for daily needs.
As long as they're not both gamblers and only the other one is engaged with gambling so that there's still balance in their relationship. Just like the mate that has shared his experience with his wife doing all the financial statements.
That's should be the tandem of couples who's with a gambler but not every couple are having their success supporting each other because it's still that many of them are ending with bad results and quarrel due to gambling.

I agree that it can work well if only one of them plays gambling, if both play gambling this can indeed be a problem in their family. But so far
as I know, indeed mostly only husbands who like gambling activities. The problem is that it is very rare for a wife who supports her husband
to gamble, maybe because of the stigma in society that gambling is bad and some religions do prohibit gambling too. So some husbands gamble
without their wives knowing and this can be a trigger for household commotion. My advice is from the start if the husband likes gambling, he should
tell his wife. In order for good communication to occur and the wife can also control her husband when playing gambling,  to prevent her husband
from becoming addicted to gambling.

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August 05, 2021, 10:27:21 PM
 #105

Yes, that support that his wife gives is somehow noble that's supporting him as he gambles. You rarely see that type of wife because mostly, we know that they're going to stop us from this activity.
It's just a matter of relationship and how you give and take to each other and I think they're both like that. So the couple is supporting whatever the other does.

It is true that a healthy relationship in marriage, there must be communication and mutual support for each other. So for a good wife always
supports what her partner does, but so that what her partner does not cross the line, need to remind each other. So it's very good if the husband
likes to play gambling, his wife will provide support by making financial reports for her husband. So that her husband can be controlled when
playing gambling, do not use money for daily needs.
As long as they're not both gamblers and only the other one is engaged with gambling so that there's still balance in their relationship. Just like the mate that has shared his experience with his wife doing all the financial statements.
That's should be the tandem of couples who's with a gambler but not every couple are having their success supporting each other because it's still that many of them are ending with bad results and quarrel due to gambling.
For sure her wife isnt a gambler because she knows that his partner is on having the problem in the past about addiction.There's no other person that can help him but only his loved ones or simply her wife.

This is something that you could see easily where there are wives who do really support husbands activity towards gambling since this do mostly affect finances but if you do live a lavish life then this wont be an issue
for now but if it would turn out to be continuous losses then this would already be alarming.

You should be open on each other when it comes to solving problems.

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August 05, 2021, 10:42:01 PM
 #106

I don't keep track of all the bets usually when I gamble, but have a way to know how much I won or lost during a session by keeping a track of that session and noting it down and it helps a lot in maintaining our bankroll instead of going bankrupt for that week/month. So tallying everything for whether week or month depends on me but I do have all the numbers available with me while I gamble.
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August 05, 2021, 11:24:11 PM
 #107

Maybe we can schedule it when we finish playing gambling to know how much our expenses are for that day.
I think that will help us know if it's too much or not so we can reduce it in the next days.
But not many of us will do that as that can feel like a boring thing that we should do every day.
So checking on how much the expenses will be better in weekly but that will depend on ourselves or doing that monthly can also better for us.
Good idea, it seems like this schedule can help us in managing our money when gambling. We should spare several times to check it.
Although it seems like not many people may do this because sometimes they are too sad, mad, or tired after gambling (moreover after losing), but at least, we can try.

I don't keep track of all the bets usually when I gamble, but have a way to know how much I won or lost during a session by keeping a track of that session and noting it down and it helps a lot in maintaining our bankroll instead of going bankrupt for that week/month. So tallying everything for whether week or month depends on me but I do have all the numbers available with me while I gamble.
I think that everybody may have their own ways of controlling themselves when gambling. And what you do is one of them, At least, it helps you to control yourself and manage your money and also risks.

R


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August 05, 2021, 11:40:33 PM
 #108

I don't keep track of all the bets usually when I gamble, but have a way to know how much I won or lost during a session by keeping a track of that session and noting it down and it helps a lot in maintaining our bankroll instead of going bankrupt for that week/month. So tallying everything for whether week or month depends on me but I do have all the numbers available with me while I gamble.
I think that everybody may have their own ways of controlling themselves when gambling. And what you do is one of them, At least, it helps you to control yourself and manage your money and also risks.


Not just it helps me to manage my money and risks, but to settle down things within my bankroll for that week so I don't get out of money by gambling 'too much'. I keep 25% of my profits aside for a profitable day, settle those profits on days when I lose more, but my major rule is not to run behind money that's lost because chasing never gets us winnings, but patience does. And being calculative while gambling helps understand ourself better that what kind of a gambler are we and what must be looked into to make our gambling experience more better and long lasting.
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August 06, 2021, 03:18:58 AM
 #109

Maybe we can schedule it when we finish playing gambling to know how much our expenses are for that day.
I think that will help us know if it's too much or not so we can reduce it in the next days.
But not many of us will do that as that can feel like a boring thing that we should do every day.
So checking on how much the expenses will be better in weekly but that will depend on ourselves or doing that monthly can also better for us.
Good idea, it seems like this schedule can help us in managing our money when gambling. We should spare several times to check it.
Although it seems like not many people may do this because sometimes they are too sad, mad, or tired after gambling (moreover after losing), but at least, we can try.
Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
It needs more effort to admit to writing whatever the result is because we can feel sad and mad to see the result is lost.
But that report is really useful for us to always know about managing our money so we do not use more money to gamble.

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August 06, 2021, 05:38:38 AM
 #110

To me, gambling cannot be classified into a specific list of income or perticular expenses. The money I spend on gambling is absolute expense (entertainment in general). So whatever winnings I make, it will go back to gambling itself as a medium of extreme mental or emotional sports.
I don't have consistent time in playing some casino games or sports betting(irl), just depending on the mood or when I take a break in trading. It would have been a complicated financial statements had I wanted it.

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August 06, 2021, 12:05:31 PM
 #111

because i'm used to management then monthly financial statements sound more professional....for someone like me who rarely gambles then the monthly report is much better.  besides that i can also sort it out with my other expenses, so i can easily monitor that.

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August 06, 2021, 03:12:06 PM
 #112


Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Not many will have that time before or after the play, most forget about it either they win or lose.

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Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Most of the time this will happen as gamblers really forget they are not that good remembering what the task for their owns elf.

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It needs more effort to admit to writing whatever the result is because we can feel sad and mad to see the result is lost.
Precisely, your dedication will bring you to deal with this even you'll going to see that you spent a lot for this activity.

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But that report is really useful for us to always know about managing our money so we do not use more money to gamble.
Useful to minimize and to avoid exceeding to your limitations, and most of those successful gamblers find this setup very helpful to tract both win and lose amount.
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August 06, 2021, 03:33:46 PM
 #113

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?

Definitely yes. Not everyone has the same thinking. While some do keep a track of their deposits, withdrawals, wins and loss the others just play for fun and don't keep a track of their amount.
But it would definitely be a good idea if a gambling website is showing you the daily, weekly and monthly win/loss bets/amount.
It would give the users a better understanding of their money and help them keep a track of it.

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August 06, 2021, 04:15:46 PM
 #114

Definitely yes. Not everyone has the same thinking. While some do keep a track of their deposits, withdrawals, wins and loss the others just play for fun and don't keep a track of their amount.
But it would definitely be a good idea if a gambling website is showing you the daily, weekly and monthly win/loss bets/amount.
It would give the users a better understanding of their money and help them keep a track of it.
And would be a big wake-up call to them on how much they are actually losing. I quite like the idea tbh. It'd also be helpful if they could put out a system where you input your set amount of funds and it warns you if you ever put additional funds in your account. Probably would be helpful in managing their finances but it does beg the question of whether casinos would even bother to do it, with the system being helpful to users. Casinos are, in the end, a business that sucks the money from their customers. It may be possible if the government enforced casinos to do it, but them willingly doing so? Not probable.

R


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August 06, 2021, 04:55:13 PM
 #115


Definitely yes. Not everyone has the same thinking. While some do keep a track of their deposits, withdrawals, wins and loss the others just play for fun and don't keep a track of their amount.
But it would definitely be a good idea if a gambling website is showing you the daily, weekly and monthly win/loss bets/amount.
It would give the users a better understanding of their money and help them keep a track of it.

Some of us used not to track their expenses let say even if it is not in gambling or for some kind of stuff they spend but for me in my case I used to track down my daily expenses even if it comes to investment or gambling I used to take down note all of this because I am one of a forgetful type of person so I need some thing to remind me and audit my own expenses, investment and entertainments by the end of the month. Aside from this also it is the simplest way to remind you that maybe you are already overspending this month or this particular time so it would send you a hint to minimize some of your spending stuff things in life.
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August 06, 2021, 05:21:07 PM
 #116

Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.

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August 06, 2021, 05:50:04 PM
 #117

Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.
This is good for your own assessment so you can know if you still have funds to gamble in the next days, monitoring such activities can be a big help, this is managing your time and money with gambling. Though I’m thinking now, that Monthly is the best option for me even if I usually gamble with fiat money and there’s no monthly report on the site aside from my own monitoring files, unfortunately i always forgot to record so I also prefer to have reports from gambling site which I don’t see any yet that offer this kind of services aside from doing it manually.
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August 06, 2021, 08:59:17 PM
 #118

Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.
This is good for your own assessment so you can know if you still have funds to gamble in the next days, monitoring such activities can be a big help, this is managing your time and money with gambling. Though I’m thinking now, that Monthly is the best option for me even if I usually gamble with fiat money and there’s no monthly report on the site aside from my own monitoring files, unfortunately i always forgot to record so I also prefer to have reports from gambling site which I don’t see any yet that offer this kind of services aside from doing it manually.
Proper finance management is always suggested on where you do only allocate on amounts which you can only able to lose or afford on doing gambling.Always have on track would be ideal
not just on spending up randomly without even realizing that you are already losing that much but well there are people who doesnt really care about this manner as long they do able to get
on what they do seek in terms of leisure times then this is really depending on certain gambler or person.

Just only be sure that you arent risking the amounts that you cant afford to lose and you are still not compromising your life savings or emergency funds.

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August 06, 2021, 09:54:27 PM
 #119

Just only be sure that you arent risking the amounts that you cant afford to lose and you are still not compromising your life savings or emergency funds.
Exactly, otherwise, we are changing the principle of gambling, we are only supposed to gamble our excess funds but if we risk our life savings or emergency funds it's like we are risking our future for gambling which we don't know we will be successful or not. Financial management is necessary, but only up to the amount that we allocate in gambling and it should only be a small amount from our total savings or income.



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August 06, 2021, 10:25:31 PM
 #120

Not just it helps me to manage my money and risks, but to settle down things within my bankroll for that week so I don't get out of money by gambling 'too much'. I keep 25% of my profits aside for a profitable day, settle those profits on days when I lose more, but my major rule is not to run behind money that's lost because chasing never gets us winnings, but patience does. And being calculative while gambling helps understand ourself better that what kind of a gambler are we and what must be looked into to make our gambling experience more better and long lasting.
Every money management will give certain impacts to others followings. It has become one of the habits to do if you always do so. When some people are getting into the gambling world, they may have their own ways to gamble, maybe some of us are like what you are doing. But some others may not do that and prefer to only gamble as they like without considering how much lost and how much won.

Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again.  Grin


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