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Question: Is There A Time That You Calculated All Your loses In One Year
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Author Topic: Is There A Time That You Calculated All Your loses In One Year  (Read 696 times)
lizarder
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June 14, 2023, 07:23:59 PM
 #121

What's the point of calculating losses in gambling, unless you plan to quit gambling or save your expenses.
I'm not going to do it, I don't even want to count the winnings. I have to be someone who takes responsibility for what I've done, including gambling. So when I want to calculate losses, then maybe I already want to quit gambling or maybe not spend much money with it anymore.

I currently vote No at your pool, so what's the conclusion?
Even if we want to stop gambling why is it important to count the amount of money we have spent, because in the end we also cannot get back the money we have spent on gambling. To save costs, people can standardize the amount of money used for gambling and it is important to determine the amount, the goal is so that we know when to stop gambling with the amount of money we have spent and in this way, we can be responsible for the money we spend to gamble.

Calculating the amount of money we spend on gambling will also not give us the awareness to stop because consciously know that gambling will not provide stable profits at any time and what we need to do is set standards in spending a budget in gambling so that it does not affect other financial sources.

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June 14, 2023, 08:01:43 PM
 #122

Now counting the losses can affect you in two types. If you count your losses, then you will regret that, if you have saved that much, then it could have helped you in multiple ways. On the other hand, if you count your losses, then you will understand how to manage the risk next time you bet and have good motivation to make more money. So yes it depends on people to people, if they really need to calculate the losses they made. As of my knowledge, I have seen rich people only bet for fun, so they don’t give a damn if they lose big amount.
Not only rich but a lot of regular gamblers don't keep a record as well, so even if they want to count their losses after a year or so, they won't remember how much exactly they've lost in gambling and how much they've won or lost throughout the year or the total span of their gambling endeavor. If someone only uses a single casino all the time, they might be able to see their gambling record from there, but most people use multiple platforms.

Basically, counting losses can only motivate someone to not gamble a lot they've lost a lot of money that could make a difference in their life if they had saved that money, but that is never possible, we can never save the little money that we have at the moment but we only think we should have some time in the future.

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June 14, 2023, 09:31:41 PM
 #123

In fact, this is actually quite good to do when you are trying to calculate the total deposit that you made into gambling, whether it's online or offline, because we really know how much we spent on gambling, but on the other hand, this will make you regret what you did at that time. other side.
I personally take the second option in this case and don't do any calculations that I spend while I'm gambling.
The reason is simple, I don't want to think too much about the gambling that I have done because this actually makes me have negative thoughts. I always emphasize entertainment and hobbies that I do and I also don't make a big deposit just as entertainment. When it's gone, there's no need to add it to the budget every week/month so I don't want to burden myself with that calculation.

When we make calculations, we must avoid the trap of different scales. When we look at our annual gambling spending, we tend to think about our budget for a month or maybe even a week, but in fact, these expenses should be compared with our annual budget. Perhaps in this version they will not seem huge or so large as to cause negative emotions.

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June 14, 2023, 09:41:06 PM
 #124

Is There A Time That You Calculated All Your loses In One Year One Online and Offline
This should be there, some kind of portfolio or summary of our gambling, both the nominal we spend, the losses we experience and also the profits or wins we get. So that we can consider the plus and minus sides, and can better understand what to do. Because if not, sometimes we have lost a lot and we are not aware. This is very bad, especially if we experience addiction to gambling. Recapitulation like this can be material for evaluation and control for us to make money wiser in gambling. But the problem is this is not easy, especially if we are lazy and don't do it routinely. Or especially if we lose a lot, we feel lazy to record it. Because of that, it takes a lot of determination to be able to make all of this. And I think, unfortunately not many gamblers do this.

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June 14, 2023, 09:42:57 PM
 #125

Is There A Time That You Calculated All Your loses In One Year One Online and Offline
No, I feel like it is a hassle to do and would ultimately just be a waste of time for a lot of gamblers. unless they are documenting their gambling activity as part of their strategy of managing their funds or as a way to know how much money they gamble every session, monthly or annually. although it can be good that you document your gambling, it can also be mentally draining when knowing how much money you have lost.

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.
good for you, gambler or not, mental health is always important and should always be prioritised.

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June 14, 2023, 10:23:54 PM
 #126

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.
You don't have to start calculating your loss, money lost will never come back, you calculating your loss, you are just trying to add salt to your injury by calculating your loses, if I notice have lost so much amount, then I will just try to reduce the way I gamble or the amount I gamble with. Even if I calculate the amount have wasted on gambling, I won't still feel bad, I gamble with little amount I can afford to lose, and am always having fun whenever am  gambling, so I don't care losing that kind of amount just to make myself happy. The only people that gamble because they want to make money are the only once that will feel bad after calculating their lost.

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June 14, 2023, 10:31:02 PM
 #127

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

No, I have never done these calculations, as I would certainly be quite scared.
What I know for sure is that I lose more than I win, I know that because every month I make contributions to meet my "need" in gambling, there has never been a month in which I managed to place bets only with the profits I got from the wins, but there have been months when I reduced the amount spent on my bets.

I'm not worried about that, because I play for fun anyway... obviously if I were to count how much I spent in a year, I would have a very expressive amount, but certainly if I didn't spend that on bets I would have spent it on something else, because it is an amount that I consciously reserve every month for this purpose.

However, for those who are out of control with their spending on gambling, I agree that doing these calculations is a good way to analyze your actions and rethink the amount that is being spent on it.

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June 15, 2023, 02:50:19 PM
 #128


It's too painful if we look at the gambling records because we will find that it turns out that losing money in gambling is more than winning. But surely someone has made a record of their gambling to ensure that they are still on the right path so they can still play gambling whenever they want.

And we must indeed have clear limits when playing gambling so that it will be a reminder for us not to exceed the budget we can afford. I agree to take a break from gambling to release emotional tension after gambling and if you are lucky to win, enjoy it while you can get it.

While winning, enjoy the victory, don't let it turn into a loss and get nothing. Luck will not come twice and the win is set by the dealer. So you have to be smarter and don't use emotion. for people who no longer have emotional control or control of funds, then destruction will come. They only burden their minds with uncertain wins, of course, in the end, many losses.

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June 15, 2023, 04:36:11 PM
 #129

It doesn't feel like you are losing a lot when you are losing it little by little but when you count all your losses, they will definitely sum up to be an amount that could be of great use in your life, and it can be depressing obviously but I believe that can also motivate you to stop gambling or at least reduce your gambling activities so that you don't lose that much money again in the future.

I personally never did that because I don't keep a count at all about when and where and how much I have spent on gambling, but I'm sure about one thing which is that I have lost a lot of money if counted and summed up, so I just can't do it but that's just an estimate.
It's only regrettable if the purpose of gambling is to earn more money. We might say that, what if I just save all those capital that I risk when playing? That would still be equivalent to the money that I am trying to win or maybe more than that.

Lately, I am trying to calculate my previous losses in gambling and that effectively stop me from betting nowadays. Maybe I will only come back next week or two and I will try to improve my betting style again for the hundredth or more time. If you can't count your own losses, maybe you are guilty but at the same time you have no plans of stopping gambling. It's fine as long as you are still playing little by little.
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June 15, 2023, 04:45:28 PM
 #130

To me, counting and keeping track of loses is not productive. Why? Because it can induce and encourage anyone of us to chase those loses and even if we do not do so still we will end up feeling depressed and realize that we could have used that money in different activities (As OP did).

Since we have agreed many times that gambling is supposed to be an activity about entertainment and not profit, then we should assume we can/will lose our wager completely as soon as start to gamble. Basically, paying for fun.

I do not keep a track record of the money I have spent on movie tickets or travels because I pay for the experience. We could say the same about gambling, just keep that in mind and let those losses to be forgotten forever, you may be happier.  Smiley

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June 15, 2023, 10:24:00 PM
 #131


It's too painful if we look at the gambling records because we will find that it turns out that losing money in gambling is more than winning. But surely someone has made a record of their gambling to ensure that they are still on the right path so they can still play gambling whenever they want.

And we must indeed have clear limits when playing gambling so that it will be a reminder for us not to exceed the budget we can afford. I agree to take a break from gambling to release emotional tension after gambling and if you are lucky to win, enjoy it while you can get it.

While winning, enjoy the victory, don't let it turn into a loss and get nothing. Luck will not come twice and the win is set by the dealer. So you have to be smarter and don't use emotion. for people who no longer have emotional control or control of funds, then destruction will come. They only burden their minds with uncertain wins, of course, in the end, many losses.
I agree with you that it would be better if when you get a win it is immediately interesting and enjoyed with several family members rather than all ending in regret when a feeling of greed appears after a big win is obtained wanting something bigger without knowing the winning money is gone again and after that see the results of all the bets and losses will definitely make you regret it.

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June 15, 2023, 11:28:43 PM
 #132

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

This is the most depressing thing to do, you'll be surprised at the amount,  I did this 4 years ago on offline number betting and Lottery I kept all the tickets I sometimes win 3rd and 4th prizes but every time I won consolation I increase my tickets I consider this a sign that I will hit the jackpot soon but unfortunately it never happens.

I suppose I was compelled to check it. I used to lose way too much money playing both casino games and sports betting. I wondered if I was experiencing some bad luck or negative energy. It kept me up all night since I had to calculate my gambling losses and gains. To be very honest, I had no idea what was going on. My pals made fun of me, saying that I had offended the gambling god and had to stay away for a few weeks to make up. When I think back on those moments, I laugh since that is when I learned some worthwhile gambling techniques that is helping me till this moment.
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June 16, 2023, 12:10:14 AM
 #133

Is There A Time That You Calculated All Your loses In One Year One Online and Offline
Sounds like a waste of time. And a massive factor for depressing yourself. If you're in the mood to have those two in your life then I guess it's fine but eh, I have enough of those already.

I did this a few times when I first gambled though. I only gambled small manageable amounts so it was easy to take track of. It already caused me to be quite depressed (yet still gamble actively) back then, imagine now with the amount I usually bet.

R


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June 16, 2023, 12:18:12 AM
 #134

Oh yeah. On the main website that I use to gamble, you can run a search for like the past 7 days, 14 days, 30 days, 90 days, and so on.  It will give you both how much you've deposited as well as how much you've withdraw, as well as the net difference in deposits and total current balance + how much has been withdrawn.

I think it's very important for people to keep track of this kind of stuff that wat you're holding yourself accountable, or at the very least making sure you're not losing too much money.

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June 16, 2023, 03:31:07 AM
 #135

Sounds like a waste of time. And a massive factor for depressing yourself. If you're in the mood to have those two in your life then I guess it's fine but eh, I have enough of those already.

I did this a few times when I first gambled though. I only gambled small manageable amounts so it was easy to take track of. It already caused me to be quite depressed (yet still gamble actively) back then, imagine now with the amount I usually bet.
Depression occurs when one considers losses rather than being grateful for the available profits. Gambling has benefited some people while inflicting significant losses for others. I'm applying a new gambling approach that will allow me to play twice a week, increasing my chances of profit and decreasing loss. It's a waste of time because there's nothing to prove because losses are no longer important, especially when they've happened. I constantly look forward to a brighter future, rather than settle for some bad experiences dealing with my losses.

R


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June 16, 2023, 03:53:13 AM
 #136

Alternatively, don't count profit or losses. And practise budgeting like any responsible adult Wink
I agree, do not calculate profit or loss, if we keep doing the calculation will make us feel crazy because of the amount that we might not have expected before.
But this applies to people who are looking for pleasure in gambling, they must have financial arrangements so that they are not excessive in gambling, it seems when we do not have a budget limit in gambling, if there is still a balance in our wallet, it feels like itching and ambition Always encouraging to continue the game, I think it's very immature and have a bad effect on finance if it can't control it.

To be honest, I have been actively gambling for one year in one casino without having financial management, then I feel curious about the total number of my deposits, it turns out that the amount is quite crazy and I think it's enough to buy a car or home, yes this is really unnecessary There is a comparison, but if we have financial management, maybe I can still save to buy other needs, besides having fun in the casino.

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June 16, 2023, 04:21:39 AM
 #137

I agree with you that it would be better if when you get a win it is immediately interesting and enjoyed with several family members rather than all ending in regret when a feeling of greed appears after a big win is obtained wanting something bigger without knowing the winning money is gone again and after that see the results of all the bets and losses will definitely make you regret it.
It is a better choice but only a few gamblers can do it because most gamblers always use their winnings to continue betting sessions with the aim of having even bigger wins.
Greed always appears in a gambler, especially if they have seen friends or other gamblers get a big win, the desire to be able to have the same win appears and makes them forget about the risk of losing money as a whole.

I myself am no longer surprised when many gamblers are like that because I myself am the same.

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June 16, 2023, 05:12:21 AM
 #138

Alternatively, don't count profit or losses. And practise budgeting like any responsible adult Wink
I agree, do not calculate profit or loss, if we keep doing the calculation will make us feel crazy because of the amount that we might not have expected before.
But this applies to people who are looking for pleasure in gambling, they must have financial arrangements so that they are not excessive in gambling, it seems when we do not have a budget limit in gambling, if there is still a balance in our wallet, it feels like itching and ambition Always encouraging to continue the game, I think it's very immature and have a bad effect on finance if it can't control it.

To be honest, I have been actively gambling for one year in one casino without having financial management, then I feel curious about the total number of my deposits, it turns out that the amount is quite crazy and I think it's enough to buy a car or home, yes this is really unnecessary There is a comparison, but if we have financial management, maybe I can still save to buy other needs, besides having fun in the casino.
I also agree with you two. Perhaps I might do this kind of counting thing if I will gamble daily, but I am not. I just do it when I feel like it, when an event happens, or something big came out that is giving enough profits to be inviting to bet for.
For those who habitually do it, then maybe it's a must to make a spreadsheet and input all the money they are spending. That way, they will be able to realize if it is getting out of hand or not.
But there's a downside with that kind of strategy. The chasing of losses. For example, a gambler sees he is down by $500 in his records and he want it back, it may become a deciding point for him to go back into gambling and try to chase all that losses.
So again, this will depend on the discipline of each gambler and a record doesn't mean it's a good thing.

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June 16, 2023, 10:55:26 AM
 #139


It's too painful if we look at the gambling records because we will find that it turns out that losing money in gambling is more than winning. But surely someone has made a record of their gambling to ensure that they are still on the right path so they can still play gambling whenever they want.

And we must indeed have clear limits when playing gambling so that it will be a reminder for us not to exceed the budget we can afford. I agree to take a break from gambling to release emotional tension after gambling and if you are lucky to win, enjoy it while you can get it.

While winning, enjoy the victory, don't let it turn into a loss and get nothing. Luck will not come twice and the win is set by the dealer. So you have to be smarter and don't use emotion. for people who no longer have emotional control or control of funds, then destruction will come. They only burden their minds with uncertain wins, of course, in the end, many losses.
That's right. Most people don't enjoy their wins because they continue to gamble, trying to win more money. And this is what happened when the winning gambler ultimately lost the opportunity to enjoy his victory because of his greed. And don't force yourself when luck is gone because luck rarely stays with us so we have to understand the circumstances. If they could stop and withdraw his winnings, he would surely be able to enjoy it and rest a bit after that big win.

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June 16, 2023, 03:43:13 PM
 #140

Oh yeah. On the main website that I use to gamble, you can run a search for like the past 7 days, 14 days, 30 days, 90 days, and so on.  It will give you both how much you've deposited as well as how much you've withdraw, as well as the net difference in deposits and total current balance + how much has been withdrawn.

I think it's very important for people to keep track of this kind of stuff that wat you're holding yourself accountable, or at the very least making sure you're not losing too much money.
I know a little about the gambling sites you mentioned and indeed gambling sites should provide features like this to always remind gamblers of the advantages and disadvantages that have been obtained in a few days or weeks so as not to spend too much money.
but unfortunately sometimes this feature is in a section that is difficult to find so gamblers sometimes don't think about features like this unless they are already on the front page.

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