Appropriate percentage of income for gambling

[Oshosondy]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

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[KTChampions]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

If I'm not mistaken, this year there has already been such (or just a similar) topic and the majority agreed that 5-10% of spending from the total budget is normal (provided that the rest of the funds are enough for ordinary life without a financial deficit).
On my own behalf, I would add that the normality of the percentage that is spent on gambling depends on the size of the budget - if we are talking about millionaires, then even 50% can be normal. Someone being rich spends millions on yachts or something like that, but someone on gambling. This is a matter of personal choice.

[coinerer]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Your strategy is good and it is your luck that you are getting such profit from weekly gambling. but there is no guarantee how long this will happen because gambling does not guarantee anyone a profit. This is not a problem if you gamble once a week and keep a weekly gambling budget limit and if you can afford to lose this money. Good luck to you.  But keep one thing in mind that gradually do not sink into the deep addiction of gambling

[Oshosondy]

Your strategy is good and it is your luck that you are getting such profit from weekly gambling. but there is no guarantee how long this will happen because gambling does not guarantee anyone a profit. This is not a problem if you gamble once a week and keep a weekly gambling budget limit and if you can afford to lose this money. Good luck to you.  But keep one thing in mind that gradually do not sink into the deep addiction of gambling

You did not get me correctly. I did not say that I am making profit every week from gambling, what I meant is that if I win, I will not put next week 5% on gambling, it will be on my wallet or bank account, and that I would withdraw my profit for that week. But not that I win all weeks. That is not possible. I may lose all the 5% or I may lose part of it, which means I have to deposit another 5% the following week, or to deposit more to make it 5% in total. Gambling is not for profit making.

[FatFork]

It is an interesting topic to discuss and hear different perspectives of the forum community.
I decided on a modest percentage of around 5% to 6%. That seems reasonable to me. However, I understand that everyone's financial situation and attitude towards gambling and risk-taking may be different. What might be reasonable for one person may not be for another. In any case, we should all be aware of our financial circumstances and limitations.

[Solosanz]

I don't think you should use appropriate term when it's come to each gambler opinion, someone can say less than 2% is appropriate, someone can say less than 30% is appropriate, or someone can say as long as it will not harm his life, gamble all the money is appropriate because you only live once.

For myself less than 10% is already good, but sometime I gamble more because I still not satisfied, I'm not really that strict to control myself.

[Stepstowealth]

What percentage of weekly income do you think is right for gambling?

The percentage of what you can afford loosing at every time is what you should use gambling. If you receive money weekly, the percentage of that money that you do not need for any expenses or budget can be used in gambling. I do not think a fixed percentage should be adopted, because some weeks or months depending on how you earn, you will need more money than some other weeks for some other important expenses that will come up and will need attending to. At the end, the percentage you use for gambling should not exceed a certain amount.

[swogerino]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Well honestly I have not been ever thinking about this but usually my weekly income without signature which is my payroll is about 500 dollars and I only play like 30-50 dollars or max 100 dollars,this 100 dollars happens very rarely so my percentage is like 7-20% with average being about 10% and I don't think this is high,is something I can afford to lose,as otherwise I would spend this money to get to the movies or buying a new online course,of course online courses teach you things but they never give you the adrenaline you have while gambling so for me that percentage spent in gambling is money well spent.

[sunsilk]

What percentage of weekly income do you think is right for gambling?

The usual term that we say about being able to gamble with the amount you afford to lose. That's why whether it is 5% and you afford to lose that amount then in your own term, that's good.

What you're doing is a good strategy and if that works for you perfectly, you just have to keep working on it. Some may afford to lose 10%-20% of their income.

And I even saw a few from us here that can gamble their entire week profit to gamble and they afford to lose it.

[Nheer]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Instead of being greedy and spending a large portion of your income or all of your cash to gamble and putting all of your faith in it to multiply your income, it is a very good idea to develop the habit of spending a certain amount of your weekly income on gambling. People who gamble a larger percentage of their weekly income typically have other sources of income that they can fall back on if things don't work out.

Though i have taken a break currently from gambling but i plan to spend 7% of my income on gambling because since I started earning on the forum i have not really participated in any gambling activities. Maybe when i have another source of income i may increase the percentage i take into gambling.

Your strategy is good and it is your luck that you are getting such profit from weekly gambling. but there is no guarantee how long this will happen because gambling does not guarantee anyone a profit.

You misunderstood what he said; he never mentioned gambling profits rather, he was referring to the percentage of money he allocates each week for gambling, and no matter what, he never reduces or increases that amount. He also always tries to set boundaries; if he was unable to gamble one week, he would transfer the money to the following week's budget.

[_act_]

What might be reasonable for one person may not be for another. In any case, we should all be aware of our financial circumstances and limitations.

It is in percentage, not amount. In trading and gambling that are very risky, percentage is used to know someone's threshold in amount of money to be used to gamble. The money should be small in percentage to the extent that if the person lose the amount, there will not be any problem. 5 to 6% is good but I prefer 5% or less. Sometimes I go for less percentage like 2%, but I go most for 5%.

I don't think you should use appropriate term when it's come to each gambler opinion, someone can say less than 2% is appropriate, someone can say less than 30% is appropriate, or someone can say as long as it will not harm his life, gamble all the money is appropriate because you only live once.

Anyone that choose gamble all the money is appropriate is only encouraging addiction because it is very inappropriate and anyone that think like that does not like himself or herself.

[coin-investor]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling.

I agree with you and I voted 5% this is for us is the right percentage, part of 5% comes from my overtime pay and the salary will go for paying bills and for the family's basic needs, honestly, 5% is very small so you have to make the most of it.

According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

12% for me is already high but if you have other sources of income or business that can sustain your family's needs then it's justifiable, higher than 30% can be considered risky gambling and you are considered addicted to gambling, and there are people who do this, they work to satisfy their gambling addiction.

[maydna]

Perhaps, around 5% too, but I never calculated it in detail. Usually, it's just depositing around $10-$20 into my gambling account, and it's enough to stay there for a week or even up to 3 weeks

I never spend the money I deposit into gambling accounts because I don't have a large fund set up for gambling and only the money I can afford. Perhaps, other people have bigger percentage limits than I do, and I understand because it's an amount they can afford, and everyone who often gambles will use the money they can afford to gamble.

[Coin_trader]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I use 100% income here in the forum on gambling since my salary here is just my extra income without any allocation on my necessities but if I will be using the overall income using my business profit then I would say 0% since I’m already learned my lesson to not involved money from my business or salary on my job on gambling so that it will not bothered in an event that I lose. My wife has no comment on my gambling this way since I’m not spending money that should be allocated for my family.

I think the percentage is very subjective. For me, Only the money that I consider as disposable no matter what is the size is what can I afford to gamble.

[ralle14]

My percentage isn't always the same because the casinos I use have different minimum deposits and minimum withdrawals. But I also have to say that 5% is probably the best weekly percentage if you know how to make that bankroll last for more than a week. I always use more than 5% if there's a promotion worth chasing and then once the promo is over, i'd cash most of them out and usually leave around $20-$30 as that's the amount I regularly deposit.

[mindrust]

I would say less than 2% because in the long run this is going to be failed "investment". So the less you lose the better. However, We are also not monks. People drink, smoke and gamble. We spend lots of money on other stupid stuff for fun too so it is fine to spend some money on gambling as long as you are having fun not greedy and 2% sounds just like the right amount. Life is all about balancing stuff. We need to balance fun and work so we won't go crazy.

[rhomelmabini]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Actually making it less 2% is what I can totally give up for gambling since it's not that of a priority but trading. There's no right or wrong on how much you can give onto gambling it depends on your level of perception if you're ready to lose it or not since that weigh more compare to what we can actually win. Allocation isn't the question, it's about the risk and the responsibility if you lose it.

[livingfree]

The percentage to gamble weekly is subjective. Sometimes, there's really no exact percentage and amount on how much we should gamble. We just deposit any amount at our own will.

And for some other gamblers, there's no definition of percentage that they're willing to gamble especially those that are just up for the entertainment.

They're likely giving just sums of a maximum of a hundred bucks and as low as two to ten bucks depending on the mood that they've got. That's why it differs at most times.

[molsewid]

My percentage isn't always the same because the casinos I use have different minimum deposits and minimum withdrawals. But I also have to say that 5% is probably the best weekly percentage if you know how to make that bankroll last for more than a week. I always use more than 5% if there's a promotion worth chasing and then once the promo is over, i'd cash most of them out and usually leave around $20-$30 as that's the amount I regularly deposit.

For me it is not good if you will put that in percentage maybe it should be in whole number not percentage. Because when you say percentage it will be adjustable and you can lose more depending on the allocation. So I think make it as an exact number so that it would not be a problem soon. You will be more disciplined if you have exact number rather than thinking like oh i am not yet at my limit percentage something like that.

[Hispo]

I think 5%  of the income sounds reasonable for most of people. If we are talking about a person with a high income and a economical position which helped to keep that income for a indefinite period of time, then they could even get away with 10% if they do not become addicted to gambling and lose control of their budget.

This is a quite relative topic, though, for some people 5% of their income is 5$, for others that same 5% could be 500$ or 50000$.
At the end of the day what matters is to have fun responsibly and never wager what one needs to feed one self and one's family.

[Yatsan]

Are you really using a weekly percentage of your income? 'coz in my case I only gamble extra money but I've been in a situation, it was when I started gambling, that I was really into it but not with percentage still. I have bet most of my funds and some sort of all or nothing kind of betting strategy. It did me no good so fortunately, I was knocked by the reality to not rely my fate in this industry. I do now enjoy sportsbetting wherein I am at the stage that it is enjoyment which I seek of more than getting rich in an instant. Well ofcourse a big win is tempting but once you have realized things, for sure gambling experience would be better on your end. We often lose but atleast we now enjoy betting.

[ryzaadit]

30% from my perspective, but you know each individual person have different income. If you are playing with "signature" money, to be honest the amount are to little for less than 5%. Should be around 5% but since the amount income I have are really small, my self around 30% from the income. If too small bankroll, just make donation to the casino.

[aylabadia05]

What percentage of weekly income do you think is right for gambling?

Less than 10% is enough for gambling. This applies to players who are not too addicted to gambling and who make gambling a place to seek pleasure. Those who are already heavy addicts will not have enough percent of their income to be able to play gambling.

Players with medium income (not too low and not too high) will differ in the amount that is considered sufficient to be provided for gambling.
Players who fall into the category of rich people, maybe the minimum that makes them satisfied reaches 40%.

[cryptomaniac_xxx]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I'm not sure though, yeah maybe 5-10% might be a ballpark numbers on how much we should spend on gambling. But personally, I don't have the numbers, I just play when I feel like it and that's it.

But maybe there are gamblers here that really play on a budget and so that is good to hear. At least we can enjoy the best of both worlds, we can continue with our gambling activity and then we can still have some money left in our wallet for other things. Hopefully though those who spend more of their money on gambling should slow down a bit so that they won't get addicted.

[Die_empty]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

In choosing the percentage for gambling we have to consider our income and expenditure. If you are a low-income earner, 5% will not be a huge sum to use for gambling. But some people's 5% can be in the tens or hundreds of thousands or even millions. An individual who gambles thousands of dollars weekly might not be proper even if he earns that much. Such a person might have to consider a lesser percentage. If some people spend 5% on gambling per week they might not be able to afford their needs because their income can barely cover their expenditure. These people will also have to consider lowering their gambling percentage. I will consider gambling above your 5% benchmark if my income is higher than my expense. But for now, my gambling budget for a month ranges from 2-3% of my income. I am comfortable with it because it does not have any negative effect on my budget.

[Beparanf]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

1% to 2% is the percentage I can allocate for gambling if I will be using my job salary since that’s already huge considering my job pay grade. I won’t go beyond 5% or else I might gambling part of my insurance and life savings funds.

I participate on signature campaign to have steady source of Bitcoin for my weekly gambling. I do feel very risky when I'm using salary huge percentage of my salary money because I always consider the work I done with my job just to lose it on gambling.

[Ojima-ojo]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For me, there is no limit to how far I can go but then I don't deposits more than 20% of my earning in my casino account and I don't do that regularly and if I get lucky to win my games and earn extra money I normally withdraw everything and any time I want to gamble again I have to make a new deposit that way my the available balance won't tempt me to gamble too much beyond my set limits.


The percentage of gambling spending is something that we can generally agree on because sometimes the casino gives you extra money to gamble with in the form of a bonus or take back and in a week we're such bonus is given,  a gambler may exceed that set percentage play.

[Dr.Bitcoin_Strange]

There's this saying in my place that "one should cut their suit according to his or her size." I don't think it's bad for someone earning $200 per week to spend 40% of their earnings on gambling. For someone also earning $100 per week, it is not bad for them to spend 20% per week. So, it all depends on how much the person is earning. Perhaps someone who is earning up to $2k in a month can gamble with 10% or 20%, depending on what they want and if it doesn't affect their budget or if they are not doing it out of self control. In my opinion, depending on what you are earning will determine how much you can spend on gambling. I see some people placing bets of $200, $100, $50, $150, and more on just in a day, and I really do ask myself how much this person is earning per day or monthly. Someone has gambling off more than $500 in a day, and that's the money that some people will need to work a full month before they can receive such a salary, while some people's monthly salary is not even up to that amount.

[uneng]

I think you should include the percentage of income you use for gambling on your total entertainment spendings percentage. If you allocate 20% of your earnings to entertainment, you can use that whole sum for gambling or just 1% of that, depending the week and your current necessities. I say that, because sometimes we are bored of the same entertainment activities, so we have to find something new to have some fun.

When you are tired of gambling, you can use a minor percentage for that hobby, while when you are tired of eating out, going to the movies or going out with friends to the nightclub, you can spend a higher percentage with gambling to diversify your activites.

[bittraffic]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For me, there is no limit to how far I can go but then I don't deposits more than 20% of my earning in my casino account and I don't do that regularly and if I get lucky to win my games and earn extra money I normally withdraw everything and any time I want to gamble again I have to make a new deposit that way my the available balance won't tempt me to gamble too much beyond my set limits.

The percentage of gambling spending is something that we can generally agree on because sometimes the casino gives you extra money to gamble with in the form of a bonus or take back and in a week we're such bonus is given,  a gambler may exceed that set percentage play.

I also don't plan how much is to be spent every week on gambling because it varies to which team and whoever is in the matches and also varies with the odds. When their odds are good, I'll try to put in a bigger amount to win at least a considerable win.

Limiting how much you can bet is also limiting how much you can win. Unless you are on the lookout for the underdog teams that might win which $10 bet could win $200.
Or a Parlay which is totally acceptable if you try your luck.

[Unsoldier]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I have a few questions. Why did you decide to spend 5% of your weekly income on gambling? What do you plan to do with potential gambling winnings? Have you asked yourself the question: how much money do you need to win to stop gambling? I think you need to answer these questions for yourself before you gamble.

[Cling18]

I only gamble occasionally but as much as possible, I only allocate 2% of my monthly income for gambling but that doesn't that I would use that allocated budget in just a single bet. I devide that budget for the whole month of my gambling journey. It all takes a lot of courage to have the right control of our urges to gamble. There are actually times when I don't use the whole 2% allocated gambling budget that I have.
Allocating funds for gambling would be good but it would still be better if we'll manage our finances wiser by focusing more on saving and investing than always risking it in gambling.

[FatFork]

What might be reasonable for one person may not be for another. In any case, we should all be aware of our financial circumstances and limitations.

It is in percentage, not amount. In trading and gambling that are very risky, percentage is used to know someone's threshold in amount of money to be used to gamble. The money should be small in percentage to the extent that if the person lose the amount, there will not be any problem. 5 to 6% is good but I prefer 5% or less. Sometimes I go for less percentage like 2%, but I go most for 5%.

I understand that it is a percentage and not a fixed amount, but even so, relying solely on percentages can also be misleading. Let me give you an example: I personally spend less than 50% of my total income on regular expenses, which means that for me, 5% would not have the same impact as it would for someone with a limited income who needs every penny just to cover their current expenses.

That's why I said that everyone should be aware of their financial capabilities and make wise spending decisions.

[Heisenberg_Hunter]

It is always better to gamble what we can afford to lose. If I am earning $1k a week, I would gamble less than $20-$50 a week since if I lose the $50 I won't be under a distress situation. As you have stated in the thread, if we are gaining profits, saving the profits and gambling the remaining amount would be safer. If your gambling money is relatively lower, you can take higher risks and eventually you may end up gaining huge profits or losing them altogether.

Gambling may be dangerous as it can trigger the dopamine in your brain which can lead us to spending increased % of money. Hence, gambling responsibly is always safer and staying away from intensive gambling arenas would be easier for us to manage the risks.

[Sim_card]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I appreciate this thread,it is like an advice to gamblers who don't have a specific percent of their weekly income that they put into gambling. 5% is a good fraction for a gambler not to over spend on gambling so that he doesn't regrets his actions because in gambling the house edge will always win. I love your strategy and I will always use this fraction of my income for my gambling activities. This will also save one from becoming an addict because just 5% wouldn't be too much. It is not easy to adopt this method because some people can't control their gambling activities.

[rdluffy]

It is an interesting topic to discuss and hear different perspectives of the forum community.

I agree, it's a pretty cool thread to compare our habits with other users.


In my case it is a little bit difficult for me to make a percentage. I usually set aside an X amount, for example 50 dollars for an X championship, 100 dollars for another championship.
World Cup and champions league for example I use a larger amount. Championships that are the first time I bet I use a smaller amount.
So I guess my standard would be to split it into parts. There will be months when all the leagues start so there will be a peak and I will use more than 10% of my income, while in other months I will use practically nothing.

Does anyone else do it this way?

[rahmad2nd]

5 or 10% seems pretty ideal. however, it could also depend on some crucial matches. in fact, I can gamble with a sizable bankroll. I mean, big in my version. for betting on the leagues in general a small bankroll is enough for me for entertainment. however, if there is a certain big match match, the nominal value can be quite large. even then, it depends on how confident I am after I do the analysis. in essence, things don't always have to be the same. I can even not gamble at all, if I have a very busy job.

For gambling based purely on luck, to be honest, I don't dare to gamble with big bankrolls. in fact I usually only play the lowest bet per spin. yep, only for entertainment purposes, especially after doing routines on the sidelines after work. moments after being tired from work, can be channeled into various slot games and can be very relied on as relaxation. conditionally, as I said. play with a small bankroll even per spin at the lowest stakes. the goal is not money, but entertainment. different from football, as I said above.

[Lida93]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

What a nice percentage you sticking to and having not to go beyond such percentage but rather go below due to some engagements of yours. But everyone wouldn't keep to same 5% weekly you know.  
The percentage we budget for our weekly or monthly gambling expense is strictly not determined by the amount of salary or income we make but on our attitude. If anyone lacks the right attitude to gambling he can keep a 5% or 10% budget and still end up squandering 50% if he lacks a right attitude to gamble. Don't you think so?

[imamusma]

I use 5% of my weekly income to gamble and I can not go more than that.

That's certainly good, obviously you have shown a good limit in the use of budget for gambling. I believe it is the recommended way to never run into financial problems from losing gambling, but some people continue to lie about the amount of money they spend on gambling.

5% is not a lot if you have $200 as a weekly income, but if you spend 10% - 50% of your total income then you are really going to be in trouble in the long term. There are more needs to be met than a desire to gamble, so setting deposit limits or limiting the use of money at gambling is a very wise idea.

What percentage of weekly income do you think is right for gambling?

So far I haven't gambled, at least in the last few months. But some time ago I spent 10% - 20% of my total monthly income just to gamble. It's not very often, but I think it's a pretty big amount to spend in a week.

[kawetsriyanto]

This is something that we often discuss. Sure, it is better to limit the amount of money to avoid gambling excessively. The ideal of gambling budget may be different among people, but personally I also never use more than 5% of my weekly income. That's because I don't gamble daily, I just gamble when I have spare time. I assume people who gamble on daily basis can spend more money. They can use more than 30% if they don't limit the budget for gambling weekly.

[SOKO-DEKE]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Risking 5% of your earnings on gambling I can't say that is a bad idea, but I can rather say that you have to find a good strategy to minimize your risk in gambling. I believe if others can go with this percentage of their earnings, many will not complain much about gambling again. To minimize risk in the gambling industry, you should only bet with what you can afford to lose, like money that if you lose, it will not affect you in any ways. Many people perceive gambling as a bad thing because of the way they gamble, especially in high-stakes games with the aim of winning big. I believe that anything we don't have assurance over, we should limit our risk by no putting a large amount thing like that.

I don't budget a specific percentage of my income for gambling because I don't gamble every often. However, whenever I do want to gamble, I only use money that I can afford to lose to gamble because that shouldn't have any lasting effects on me. As a result, whenever I am staking, I only stake with small amount money  because I view gambling as a way to have fun rather than a way to and become wealthy as some people are thinking

[STT]

Way less then 10% I'd say safest is about 1% or just about the same amount you would commit to spending on a leisure activity.   The problem develops where people confuse spending which gambling really is with the returns possible and call it money making.   Some end up spending 100% of income and thats drastically going to lead to a bad place, treat the money as spent and any back as a bonus and it should be right.

[Casdinyard]

Good for you if you can live with that kind of setup, but in my honest opinion I'd never go as far as 2% when it comes to filling my bankroll especially if it's on a weekly basis. Suppose your regular weekly salary's around 200 bucks, if you go so far as to put up 5% of your weekly profits just so you can fund your gambling behavior you'd be surprised to find out how much it eats up at your expenses. In my opinion you shouldn't even gamble weekly, only on occasions when you feel like it. You can't just say that you're "gambling for entertainment only" cause if you were, you wouldn't even allocate a part of your pay just so you can fund your gambling habits.

But let's throw that off to the window and talk about the crux of the matter. For me, you could probably get by with just at least 2% of your monthly salary if you're really a dedicated gambler. If you're afraid your bankroll's gonna be so low then I have bad news for you buddy, you're probably addicted.

[Docnaster]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Risking 5% of your earnings on gambling I can't say that is a bad idea, but I can rather say that you have to find a good strategy to minimize your risk in gambling. I believe if others can go with this percentage of their earnings, many will not complain much about gambling again. To minimize risk in the gambling industry, you should only bet with what you can afford to lose, like money that if you lose, it will not affect you in any ways. Many people perceive gambling as a bad thing because of the way they gamble, especially in high-stakes games with the aim of winning big. I believe that anything we don't have assurance over, we should limit our risk by no putting a large amount thing like that.

I don't budget a specific percentage of my income for gambling because I don't gamble every often. However, whenever I do want to gamble, I only use money that I can afford to lose to gamble because that shouldn't have any lasting effects on me. As a result, whenever I am staking, I only stake with small amount money  because I view gambling as a way to have fun rather than a way to and become wealthy as some people are thinking

In as much as many gamblers do not necessarily buy the idea of bringing out a certain percentage from their income whrn gambling,  having a specific percentage from ones daily, weekly, monthly or yearly income to gamble with is a very wise decision and character that's worthy enough to imbibe by all who engage in gambling.
Bringing out a certain percentage makes one to know when to stop gambling especially when there little or no winning by the gambler

[Mate2237]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Gambling is not by force so whatever way you want to gamble is you decision. If you think 5% is only for you in the week and you are okay for that then it is nice. That 12% you are mentioning is under probability, there are some addicted gamblers that spend more than percentage per week. In gambling if you spend big and you have luck to win one game, you will win big so gamblers also look those factors to gamble.
As for me there is no specific percentage for weekly gambling. You can gamble any amount of money but gamble what you can lost. The amount that when you lose it will not pain you.

[Johnyz]

Probably below 10% of my total income for the Month since I don’t gamble always and spending weekly might not be ideal for me. Having this limit is ok as long as you commit on that and make sure not to go beyond or else you might be addicted to gambling. There are some gamblers who have this budget limit but still able to enjoy gambling, so don’t think that if you have a small capital you can’t enjoy gambling anymore.

[Mahanton]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Numbers would be totally different on each person on which there are some who do set out limits but majority of them wouldnt really be having or totally random when it comes to their spending.
People would usually be making out some limits on the time that they would really be having some bad experiences and unfortunate events that happened in the past towards gambling but
if they havent still able to experience such stuff then for sure they would really be still continue to play no matter what or as long they do have the money on their pocket.

Generalizing? This is most likely people do end up on which it is really that recommended that you should really be having that control and allocation on your gambling spending which it wont really be putting you up
on a hard situation like shortage on financial because you do have spent it already on gambling.We do have lots of priorities in life when it comes to needs and other means. Unless if you are that
extremely rich then it wont be that an issue but bare in mind that there's no such thing about unlimited funds or money on this world. Gambling could easily fuck you up no doubt.

[DoublerHunter]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

^As long as you can afford it I think there is no fixed percentage that universally applies to everyone, as it depends on various factors such as your disposable income, financial goals, and priorities. Because for me, many responsible gambling guidelines suggest that limiting your gambling expenditure to a small portion of your income is a good decision. For a responsible gambler, setting aside 2% to 5% of their total income for gambling may be considered reasonable. This allows for recreational gambling while still maintaining financial stability and minimizing the potential negative impact on your overall financial well-being. Remember that if allocating a higher percentage of your income to gambling would create a financial strain or put you at risk of financial instability, it is advisable to consider a lower percentage or even abstain from gambling altogether.

[AmoreJaz]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Gambling is not by force so whatever way you want to gamble is you decision. If you think 5% is only for you in the week and you are okay for that then it is nice. That 12% you are mentioning is under probability, there are some addicted gamblers that spend more than percentage per week. In gambling if you spend big and you have luck to win one game, you will win big so gamblers also look those factors to gamble.
As for me there is no specific percentage for weekly gambling. You can gamble any amount of money but gamble what you can lost. The amount that when you lose it will not pain you.

that is true, it depends on the person's financial capability. some can go big while others want to spend a very small amount to their gambling. for me, much better if you will spend small, which won't affect any of your basic expenditures to live a decent life. because if you start spending more than what you can afford, your basic needs will suffer tremendously, you will find yourself in trouble.
so for me, there's no fixed percentage every week. it depends on the availability of extra money that i have for that period.

[knowngunman]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

5% of weekly income is not bad. In fact, it's too small but in my opinion I don't think it is necessary to allocate a certain percentage of your income to gambling unless you are addicted. I do spend more than that on gambling some week while some week I spent less. It all depends on how moody and financial buoyant I am during the week. For one to allocate a fix percentage on a weekly basis shows that gambling has made it to a list of priorities and to do which I consider as a sign of addiction. I gamble with whatever I have left after the necessary expenses. Does everyone actually earn on a weekly basis?

30% from my perspective, but you know each individual person have different income. If you are playing with "signature" money, to be honest the amount are to little for less than 5%. Should be around 5% but since the amount income I have are really small, my self around 30% from the income. If too small bankroll, just make donation to the casino.

What am I not understanding here? Do you mean to say 3% and mistakenly add zero? 30% from income is almost half of the total income and it's too much tbh.

[goaldigger]

There is no right or wrong with this one as long as you have budgeted your finances and set aside something for gambling, that can be good. You have to align this as well with your financial status and life situation, if you can’t have this one then create your own percentage that can work for you. As an occasional gambler, having a limited time in gambling can also a big help for me not to spend beyond my limit, gambling can be tempting at times but you have to stay committed and just focus on your goal.

[Taskford]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Gambling is not by force so whatever way you want to gamble is you decision. If you think 5% is only for you in the week and you are okay for that then it is nice. That 12% you are mentioning is under probability, there are some addicted gamblers that spend more than percentage per week. In gambling if you spend big and you have luck to win one game, you will win big so gamblers also look those factors to gamble.
As for me there is no specific percentage for weekly gambling. You can gamble any amount of money but gamble what you can lost. The amount that when you lose it will not pain you.

that is true, it depends on the person's financial capability. some can go big while others want to spend a very small amount to their gambling. for me, much better if you will spend small, which won't affect any of your basic expenditures to live a decent life. because if you start spending more than what you can afford, your basic needs will suffer tremendously, you will find yourself in trouble.
so for me, there's no fixed percentage every week. it depends on the availability of extra money that i have for that period.

No fix allocation to anyone since even though you already set some amount to spend but there are times that you deposit a little bit more just to satisfy yourself because you didn't satisfied yet. For sure at the moment many long time gamblers here knows how to balance their budget that's the reason they can stay for long and been here with us playing for long time because they are been well discipline with their emotions and the money they spent on their playing time.

[slapper]

I'll just come out and say it: there's no such thing as the "right" proportion. Akin to asking how much salsa to put on tacos. Of course it is, right? It's spicy for some, not for others. But if you're going by logic alone, it should be an amount you could lose without it seriously disrupting your life. This could be higher than 1% for some people and less than 1% for others. However, 12%...hmmm, it could lead to some serious budget issues. I get it; it's human nature to feel a twinge of jealousy when we learn of someone else's good fortune. But keep in mind that those are the outliers. In a nutshell, aim for minimum effort, minimum cost, and maximum pleasure. My two doge, if you will.

[dothebeats]

If you're not making that much money, I don't think it's appropriate to spend more than 1% of your income at all. If that doesn't entertain you then I guess you'll have to look for a different form of entertainment, or better, make more money by getting more jobs or learning a skill instead of wasting your time gambling - but that's just me. You always have the choice on how much to spend, the thing is, everything should be accounted for first before spending anything for leisure or wants. This helps your finances fall into place and you not having to borrow money just because you 'enjoyed too much' in gambling.

[Lanatsa]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Gambling is not by force so whatever way you want to gamble is you decision. If you think 5% is only for you in the week and you are okay for that then it is nice. That 12% you are mentioning is under probability, there are some addicted gamblers that spend more than percentage per week. In gambling if you spend big and you have luck to win one game, you will win big so gamblers also look those factors to gamble.
As for me there is no specific percentage for weekly gambling. You can gamble any amount of money but gamble what you can lost. The amount that when you lose it will not pain you.

that is true, it depends on the person's financial capability. some can go big while others want to spend a very small amount to their gambling. for me, much better if you will spend small, which won't affect any of your basic expenditures to live a decent life. because if you start spending more than what you can afford, your basic needs will suffer tremendously, you will find yourself in trouble.
so for me, there's no fixed percentage every week. it depends on the availability of extra money that i have for that period.

No fix allocation to anyone since even though you already set some amount to spend but there are times that you deposit a little bit more just to satisfy yourself because you didn't satisfied yet. For sure at the moment many long time gamblers here knows how to balance their budget that's the reason they can stay for long and been here with us playing for long time because they are been well discipline with their emotions and the money they spent on their playing time.

Just like me on which i do have an income example on my signature campaign pay on every week on which i do only allocate 5-10% of it on maximum. Beyond that then its not something an amount

which i could really be able to lose. This is why it would really be that so important that you should be minding about your priorities and there are really times or moments that i dont gamble at all when
im not really on the mood which i could easily make myself stop with those kind of situation on minding myself on playing gambling since i do have much more important things needs to spend that money on or buying up something or whatever it would be except gambling. Less that 5% would be the most ideal spot on making yourself that safe towards addiction.

Stick into those numbers and you wouldn't really be finding yourself into big trouble when it comes to finances because you are really that spending a dime towards your gambling activity.
I have known someone or my friend who do spend out almost 50% of his earnings because he is really that believing that he could make money more and save up himself
on paying up his previous debts which is really that absurd.

[harizen]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Self-preference indeed since everyone has different financial status.

In my case, I'm not setting a fixed percentage on my gambling expenses. As long as I really feel on doing gambling, I will spend money on it. Not to the point that I will just burn my money for nothing but obviously, my way of betting is always associated with responsible gambling. Sometimes getting heated, as it usual, but will never breach the danger zone.

I also believed that, and I'm 100% sure of this that most gamblers don't have a specific percentage of their income that will be used for their gambling expenses. It's hard to follow honestly, especially for a regular gambler.  There will be always that a limit will always be breached. In that case, just always keep being responsible.

[TelolettOm]

No fix allocation to anyone since even though you already set some amount to spend but there are times that you deposit a little bit more just to satisfy yourself because you didn't satisfied yet.

Even if no fixed amount of money to use weekly, but I think we need to set the maximum amount to spend. I think it is the purpose why OP made a vote about how much the percentage of money to use weekly.

If we want to satisfy ourselves, we may lose all our money. Everyone must understand if we will never be satisfied. When we got a loss, we probably spend more money to chase the win in order to make up for defeat. While when we wins, we may use more money in order to chase more prizes. Unfortunately, the chance to win is very small, using more money can't create more chance to win. Instead of earning more, people mostly lose more money. It will happen if you don't set a maximum amount to spend in gambling.

[romero121]

It depends, because I never set any part of my income to be spend on gambling. I used to gamble with my week's pay and the choice is to make an addition of $10 to the payment. In the process I used to loss most of the time. At times I win the predicted $10 and my gambling activity doesn't gets broken and it gets continued. This leads to big win as well as loss my week's pay. So, there is no perfect limit on spending.

[Darker45]

I don't allocate a specific percentage of my monthly income to gambling. I don't like the idea. Personally, I don't even think this is right. I mean, what's gambling, after all? Why do I have to regularly set aside a certain amount of money for it?

In my case, I gamble whenever I want to, or sometimes when a friend invites me. But that would depend on whether I have the extra money or not. If I don't have it, then no gambling for me. If there's an extra, then I will be betting within that amount.

[adzino]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

5% to gamble isn't bad. It is good that you are limiting yourself and you never exceed the limit. And you use your profit to further gamble. So, I am guess you gamble for fun, right? As long as it is for entertainment purpose and you don't spend all of it on gambling, then its fine I guess. But just make sure you always limit yourself. Never chase your losses. As for the 12%, where did you get the data from? I doubt there has been any research on how much % does a person spends on gambling.

There is no fixed % of weekly income that one should be spending on gambling. It all depends on each persons financial status. For some 10% might be nothing, for others it might be a lot.

[Don Pedro Dinero]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Well, the thing is that I hadn't stopped to think about it in terms of percentages, but I would say that, when I bet, it's usually around 5% or sometimes a little more, the thing is that I don't bet all the time. I can deposit 5% of my salary, gamble a little bit that day, and not gamble again for days or a week and then if I lose it, I don't gamble again for weeks. Gambling is not a continuous habit for me. And I think I'm right to keep it that way.

[retreat]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

My income per week is not too high, so usually I use a maximum of 10% of my income to play gambling and usually I spend it only on weekends to fill my time off. However, to keep my gambling activities from interfering with my financial condition, I always record these expenses separately and calculate how much I spend and what I get from gambling. So far there's nothing to worry about, because I don't think my gambling activity has made a loss, but it's also not profitable LOL.

[yahoo62278]

I would choose less than 2%. Gambling should be seen as a way of entertainment, not a way to make money. Don't make yourself or your family suffer by wagering your whole paycheck weekly and praying you win. Just my opinion, but you'll be more secure taking the safe route.

[$crypto$]

I choose 10% of my weekly income for gambling but not every week sometimes with weekends always mostly spent on family vacations at places near my home.

I also see from previous winning sessions that weekly income will never be disturbed, therefore if there is no victory because of unlucky I again allocate 10% of forum income, this has become my safe route but I will not be too greedy in betting because to try what has been set from that percentage.

[Wexnident]

Less than 5%. I often spend less though since some winnings are more often left over during my weekly/monthly sessions, so I just total that to what I usually deposit. I don't withdraw usually unless it's a really big win (which has never happened), so it's a pretty positive effect for me since that means a reduction in the usual amount I deposit. In the past, I used to deviate quite widely though in terms of deposits. Maybe if gambling was my only past time, I would, but sadly it isn't and there's quite a bit of stuff that I do enjoy as past times I spend money on.

[dezoel]

I think there are a lot of factors that can affect that percentage, such as how much you earn, whether you are single or married, in which country you live to evaluate the cost of life, and a lot more things that come to your mind when you are about to decide a budget for a certain thing. However, 5% does sound like a reasonable percentage considering all your expenses for the week or the month because you should be able to easily manage everything else in 95%.

When I used to gamble more often back in the day, I used to save this money if one week or month I stay in profit, for example, if I used my 5% for this week and got some profit on top of it, I wouldn't spend 5% more next week and add it to the bankroll but I would just use the previous money and save the 5% that I had to use for gambling.

[piebeyb]

I usually only use about 5% of my weekly income so it's easier to stick to my gambling budget, after all I'm only a small gambler so 5% is enough to just find entertainment and have fun in gambling, sometimes less than that around 2.5% when I really busy with my weekend with family. So always put family first. because I only gamble on weekends and have to share time with my family too.

Gambling must be wise, I think 5% is enough for you to spend money on gambling, don't follow the rich people out there who gamble with big money, always look at ourselves and our abilities so we don't get trapped until it finally turns us into addicts, focusing on family is most important to keep us holding on to our consistency. gamble wisely 

[ethereumhunter]

Using 5% of your weekly income makes sense. Whatever percentage you gamble with depends on how much you can afford so if someone uses 12% of their weekly income, that's fine. I probably use about $10-$20 a week to gamble but I don't spend it for a week because I often leave the balance in my gambling account until next week so I don't have to deposit another amount. That's more than enough for me to gamble. After all, I don't gamble too much so the amount of money is still within my reasonable limits.

[Oasisman]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

5% is a bit higher IMO. I would say 2% or less is the most appropriate amount percentage to allocate in gambling. There are far more important things to land my paycheck to. I would also choose be safe and pay all the bills and mortgages before I spend something for gambling.
We'll just have to consider that we always have a lower chances of profiting in gambling, most of the time we'll probably going to lose, after all we are actually looking for entertainment not to make money.
Although sometimes when you've got enough extra, I'd also consider less than 5% as the maximum percentage to allocate for gambling, but then again it won't gonna be consistent.

[Josefjix]

I would choose less than 2%. Gambling should be seen as a way of entertainment, not a way to make money. Don't make yourself or your family suffer by wagering your whole paycheck weekly and praying you win. Just my opinion, but you'll be more secure taking the safe route.

We make income through our occupations on a weekly or monthly basis, depending on the type of work we execute, but I prefer that we deposit it into our gambling accounts only after we have adequately provided for ourselves and our families. I've come to understand to be disciplined, and I don't let gambling deplete my savings. In my perspective, the proper number is 5%. We all have our own take on gambling, whether we gamble with every dime we own or with an approximated calculated sum. Gambling should be considered a type of entertainment, something we do for enjoyment in our spare time. We should not be under any pressure to make money through gaming.

[alastantiger]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

You strategy is a fairly simple strategy. Any newbie looking for one to adopt can easily adopt this. It reduces the need for chasing losses and other unhealthy gambling habits that could lure the gambler into addiction.

Unlike you, I don't use my weekly income. I rather drawing my budget at the beginning of every month and assign 10% of my income to gambling for the month. I also do not set out to gamble every other week. It all depends on some factors. What I have seen is that I usually don't even use up to the 12%. So when I win, I remove the capital and use the "profit or winning" money for my next wager.

[demonica]

I don't really calculate the percentage of the income I use to gamble but I can assure that I only allocate a small percentage of it. Probably more or less 20% of my extra money. But it still depends on how much extra money I have at that moment. I have other responsibilities so I only take money to gamble from my savings or extra funds. Since I make small bets to avoid big losses, I don't expect much wins in return. But I'm already content since I can still enjoy sports betting while having a chance to gain even a small win. As much as possible, I try to make the money I deposited on my account to last longer so I won't have to keep taking a percentage of my money to put it in gambling.

[kamvreto]

~snip~Unlike you, I don't use my weekly income. I rather drawing my budget at the beginning of every month and assign 10% of my income to gambling for the month. I also do not set out to gamble every other week. It all depends on some factors. What I have seen is that I usually don't even use up to the 12%. So when I win, I remove the capital and use the "profit or winning" money for my next wager.

Every month 10% is quite a large amount, but will there always be a budget for gambling every month? Wouldn't that be a waste? I myself only use below 10% or even very low for gambling because it is only entertainment. There is no budget target in a month. If the previous budget is still there and I'm still using it, I'll continue to use it to play. If it's for then I'm happy, if I lose I won't make another deposit until I want to gamble again. this simply depends on one's own desires, there is no routine gambling activity.

[traderethereum]

I was between 2% and 5% of my earning amount but I finally chose 5% as the maximum percentage of the money I used.
Maybe some people use more than 12% of their income because they dare to take any risk that can happen.
But it's better to budget a little money for gambling for those who don't make much money from our income.
It will be better so that we will not have difficulty playing gambling and it will train us to use the same amount of money for gambling consistently.
But the percentage here will be relative or not the same because everyone's income is different, so the percentage here will also be different.

[Gozie51]

Perhaps, around 5% too, but I never calculated it in detail. Usually, it's just depositing around $10-$20 into my gambling account, and it's enough to stay there for a week or even up to 3 weeks

I never spend the money I deposit into gambling accounts because I don't have a large fund set up for gambling and only the money I can afford. Perhaps, other people have bigger percentage limits than I do, and I understand because it's an amount they can afford, and everyone who often gambles will use the money they can afford to gamble.

This seem the same here. It all varies on the circumstances of the bet for the previous week. If the loses are consistent then I could reduce and take a break. Of course the winning is not always guaranteed so it is better to take precautions. Sometimes I keep it around 2% , it fluctuates and not steady. If there are financial obligations to meet up to then I could reduce the betting expenses or not bet for the main time until I have the amount to bet without regret.

[CryptoHeadlineNews]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For me, I don't think spending 10% of your weekly income on gambling to be a big deal, in as much as you gamble responsibly, and have set rules that guide your gambling habit to not exceeding how much you have planned spending, because you never can tell you may likely get lucky someday to win big or a reasonable amount if only you can gamble for the purpose of trying luck and having fun, while been open to whatever outcome that may come your way. However, the amount used for gambling may vary due to other peoples extra source of income.

[klidex]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

The percentage that I use from the weekly income is uncertain because sometimes I can use 100% for football betting.
Not because of anything like greed or addiction but when the club looks like a winner I will bet all my earnings.
It's very risky and doesn't need to be imitated, but this is very profitable for me when the club I choose is a strong club.
But if it's for casino games maybe I only use 10% of my income.

[lionheart78]

I do not have any percentage of income to apply to my gambling activity since I use fixed amounts for a bankroll depending on the availability of my funds. I have a fixed amount of $30 to $50 of my extra money regardless of my weekly income to use as a bankroll in my weekly gambling session.  If I do not have extra money, I simply skip gambling that week. I am not planning to use any funds that are already allocated to certain bills and expenditures since I know it will be a headache if I overstep my financial boundaries.

[Issa56]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I don’t really know the appropriate percentage to gamble with, am not a frequent gambler, I gamble whenever I wish to do that so there is no any amount I do allocate for gambling. Whenever am busy sometimes I don’t even gamble in a week and whenever am less busy I do gamble more in a week. No matter the amount you allocate on gambling weekly or monthly, just make sure you are not addicted to gambling that’s just my main concern.

My income per week is not too high, so usually I use a maximum of 10% of my income to play gambling and usually I spend it only on weekends to fill my time off.

You just said your income per week is not high. So why will you make your maximum percentage for gambling to be 10%? Don’t you think it’s going to affect you, since your income is not really much, then you should also make the amount you are gambling with to be very low so that you will be able to do other things with money. If your income is high, then I won’t care about the amount you spend on gambling, but if your income is low then you have to be very careful with the amount you are gambling with.

[wheelz1200]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I don't think there is any good answer the way that question is structured.  If you make $100k a year but your bills are 100k a year then 0% shoukd go towards gambling.  On the flipside if you only make 40k a year and your bills are only 5k or something small a large percentage can go towards gambling.  The right answer is no matter how much money you make only gamble with what you are willing to lose and that doesn't dig into your life's bills

[DoublerHunter]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I don't think there is any good answer the way that question is structured.  If you make $100k a year but your bills are 100k a year then 0% shoukd go towards gambling.  On the flipside if you only make 40k a year and your bills are only 5k or something small a large percentage can go towards gambling.  The right answer is no matter how much money you make only gamble with what you are willing to lose and that doesn't dig into your life's bills

^ I agree and the big question is how much money should be allocated towards gambling depending on various situations, such as one's income, expenses, and personal priorities. It is very important to consider the overall financial picture and not solely focus on the income aspect. For instance, if someone earns $100k per year but has bills amounting to the same value, it would be unwise to allocate any percentage towards gambling. Just because if someone earns $40k per year and has relatively low expenses, they probably be able to allocate a higher percentage towards gambling if they choose to do so. However, the key principle remains the same for me, only gamble with an amount that you are comfortable losing and that does not compromise your financial obligations as I said early, there is no appropriate percentage for gambling activities.

[milewilda]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I don't think there is any good answer the way that question is structured.  If you make $100k a year but your bills are 100k a year then 0% shoukd go towards gambling.  On the flipside if you only make 40k a year and your bills are only 5k or something small a large percentage can go towards gambling.  The right answer is no matter how much money you make only gamble with what you are willing to lose and that doesn't dig into your life's bills

^ I agree and the big question is how much money should be allocated towards gambling depending on various situations, such as one's income, expenses, and personal priorities. It is very important to consider the overall financial picture and not solely focus on the income aspect. For instance, if someone earns $100k per year but has bills amounting to the same value, it would be unwise to allocate any percentage towards gambling. Just because if someone earns $40k per year and has relatively low expenses, they probably be able to allocate a higher percentage towards gambling if they choose to do so. However, the key principle remains the same for me, only gamble with an amount that you are comfortable losing and that does not compromise your financial obligations as I said early, there is no appropriate percentage for gambling activities.

Lots of factors or things which are entirely different into each person when it comes to priorities and other spendings on which they should really be minding on prioritizing. There are some who dont spend much and there are some who do have lots of payables on monthly basis on which it is really just that right that they would really be giving priority into those things rather than on spending it on gambling which its never been that a wise move to be done. If possible then why would really be needing on making yourself that obliged on spending money on gambling? if you do see that you do have other priorities then it would really be that
just right that you should focus into something important but having some spending on leisure times isnt bad either as long you do have that moderation on your spending then it wont really be that bad after all.
Use the money which you can afford as always on which 5% would be ideal or not really necessary on these numbers or even it must be more lesser.

[seleme]

There is no concrete number we should think it is the appropriate percentage to gamble with it, IMO. If you feel it is time to have fun on casino platforms, then go for it and never limit yourself to some percentage unless you can't afford it at all. Maybe you will be lucky and that slot you play will hit the max multiplier on the bonus round. Well, it is still under the question but we are sure it is matter of time and luck it will pay your something big once.

[famososMuertos]

Well... It's relative, since first of all someone doesn't always use the money from their income to gamble, which is a big mistake, actually coming from someone (OP) who always writes about addiction, it's best to say 0 % and in fact if you can, you should keep it that way.

In my case it is 0%, I never use money from my main income to bet, the day it happens it would not be good, one should use extra money, maintain an income elsewhere and from there even dispose of whatever percentage.

[Slow death]

I believe that people before thinking about spending 1% or 12% of their weekly income, they first need to look at the priorities they have in real life, how much they are going to spend and after paying all the bills, they should see how much money is left for fun, and in this part of fun, people select for example: 10% for walks, 10% for beers or wines in some bar, 20% to go watch the games live in the stadiums, 10% for games of aza, and when doing that the percentage allocated to gambling will vary due to the cost of living rising, food prices are expensive, gas is expensive, electricity and water are expensive

so the trend will be an ever-increasing reduction in the amount allocated to gambling, so saying that I use 5% or 10% is something I can't say, my value depends on what remains after I pay my bills, but when I earn and profit so my bankroll increases and even then after I pay the bills and have money left over to play I add it to my bankroll, with the monthly bonus they allow me to play for a long time without having to damage my accounts, because I play for fun and I do very strict money management

[TelolettOm]

There is no concrete number we should think it is the appropriate percentage to gamble with it, IMO. If you feel it is time to have fun on casino platforms, then go for it and never limit yourself to some percentage unless you can't afford it at all. Maybe you will be lucky and that slot you play will hit the max multiplier on the bonus round.

Even if no concrete number, we can assume the limit of our budget. As long as you use the money that you can afford to lose, it means you still limit the amount of money on gambling. It is just nonsense if you really don't limit the percentage of money to use. Moreover, if you think more money to use that can increase the chance of your luck. At the end, it will lead you to huge losses and you just realize it when you have spent all your money. You must understand that limiting the budget is the preventive way to avoid the severe losses.

[Chikito]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

It's hard to calculate for people who rarely play gambling weekly like me. but when I accumulate what I get in a month, not more than 10% (2.5% weekly). but the benefits can be more than that, for example when I bet $10 a month, I can get $30, but not continue it like you, unsustainable, because of my busy work that is often out of town, I don't have much time to frequently gambling.

[Fivestar4everMVP]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Well, I think this is not something that is or should be generalized, it is more of an individual thing, since we all earn differently, what I earn in a week may likely or exactly not be what you mean, you may earn higher or lower than I do Weekly, so as such, if we are to both set aside 5 percent of out weekly earning for gambling, your 5 percent might not be the same as mine, if you earn more than I do, removing 5 percent may still leave you with alot of extra money to spend, and for those that earn lesser, 5 percent might mean a lot..

So what I am driving at is that, there is no specific percent that is generally OK to set aside for gambling, it is everyone according to their level of earning., some do 2 percent, some do 3, some do 5 percent, whole some do 10, it all depends on how much one is making per week.

[maydna]

~snip~

This seem the same here. It all varies on the circumstances of the bet for the previous week. If the loses are consistent then I could reduce and take a break. Of course the winning is not always guaranteed so it is better to take precautions. Sometimes I keep it around 2% , it fluctuates and not steady. If there are financial obligations to meet up to then I could reduce the betting expenses or not bet for the main time until I have the amount to bet without regret.

It's great if you can adjust the funds to gamble every week or every time you want to gamble. Not many people can do it so it is an advantage for those of us who can manage the amount of money to gamble. We must try to stay on track to avoid overdoing it in gambling. And it is true that if there is a financial obligation, we must put it first and postpone gambling because we can gamble whenever we want. Don't let gambling make us forget to fulfill our financial obligations because that will get us in trouble.

[Helena Yu]

You just said your income per week is not high. So why will you make your maximum percentage for gambling to be 10%? Don’t you think it’s going to affect you, since your income is not really much, then you should also make the amount you are gambling with to be very low so that you will be able to do other things with money. If your income is high, then I won’t care about the amount you spend on gambling, but if your income is low then you have to be very careful with the amount you are gambling with.

A gambler who get rekt isn't only the poor, so regardless how much they earn in a month, any gambler need to allocate how much they can afford to lose in gambling. Let's say @retreat only earn $500/month and he need to spend $400/month for his daily needs, so he still have $100, he can allocate $10 for gambling and $90 to save. But what if there's a rich person who earn $100,000/month and he only need to spend $400/month, but he gamble the rest of his money $99,600? this would ruin his life.

[Kemarit]

There is no concrete number we should think it is the appropriate percentage to gamble with it, IMO. If you feel it is time to have fun on casino platforms, then go for it and never limit yourself to some percentage unless you can't afford it at all. Maybe you will be lucky and that slot you play will hit the max multiplier on the bonus round.

Even if no concrete number, we can assume the limit of our budget. As long as you use the money that you can afford to lose, it means you still limit the amount of money on gambling. It is just nonsense if you really don't limit the percentage of money to use. Moreover, if you think more money to use that can increase the chance of your luck. At the end, it will lead you to huge losses and you just realize it when you have spent all your money. You must understand that limiting the budget is the preventive way to avoid the severe losses.

But still though, perhaps majority here is not running on budget. Maybe they will just play on a single day and that's it. Or maybe occasional betting on the side, like sports betting. But for casino lovers who play slots or like blackjack and roulette, maybe there are no specific budget at hand. And if there are days that they continue to win a lot, then they will also go back the next day with that money and try if they can duplicate their winning strategy. Of course, everything will be in the end, regrets and what if scenario. But at least they could have enjoy their runs and most likely will go back again the next day.

[Crypt0Gore]

The highest amount I can spend or used to spend on gambling is 40$ and that's once in a while, most times I use less amounts like 20-30$ because this money comes from a different side of hustle, it has nothing to do with my main business offline and I am happy with it, I don't gamble every time too because that amount don't use to come every week, some times it takes two weeks for me to have spare 30$ left on me doing nothing, everyone has their target and responsibility offline, do not let gambling take that away from you, doing this secure your mental health and also your future too.

The lack of these is why we have gambling addicts that destroy their lives because they failed to do some calculations on their income and they use every month that comes their way to gamble.

No extra income, there should be no investment, No extra income? There should be no gambling for you, fix your jobless state first and get a life before coming near gambling, because gambling is not a secure way to make money.

[Cryptmuster]

A gambler who get rekt isn't only the poor, so regardless how much they earn in a month, any gambler need to allocate how much they can afford to lose in gambling. Let's say @retreat only earn $500/month and he need to spend $400/month for his daily needs, so he still have $100, he can allocate $10 for gambling and $90 to save. But what if there's a rich person who earn $100,000/month and he only need to spend $400/month, but he gamble the rest of his money $99,600? this would ruin his life.

A rich person who earns 100k will not be able to live on $400 a month, he will have much greater expenses, and besides, a person with such an income level does not just earn that kind of money, which means he understands how to handle money and understands how much can be allocated for gambling so that it does not become a problem for him in case of a loss.

[lienfaye]

What percentage of weekly income do you think is right for gambling?

In my case, 5% would be a reasonable amount since that's what I can afford to lose. But i'm not playing weekly because I usually allocate money for leisure from my real job and that's every two weeks. After budgeting the essential things, I set aside the money for my "me" time and that includes the budget for gambling.

There might be gamblers who can spend more but I don't see any problem with that. As long as it's the money that you can live without (and you already attend to what needs to prioritize first) then you can do anything that can satisfy yourself.

[Kakmakr]

I think if you see gambling as entertainment, then you should look at your overall percentage of what you set aside from your monthly budget for entertainment and then decide what percentage of that goes towards gambling. The problem are, many people take the whole percentage of their entertainment budget and use it for gambling and then take some money from their other expenses too.... and then they run into problems.

As soon as you find yourself in a position where you start taking money that was supposed to go to paying other expenses, then you should consider finding help for gambling addiction. 

[Eureka_07]

<snip>

I hadn't considered this recently, but I believe that allocating less than 10% of your income for gambling is the best approach. Of course, this may vary for different individuals.

It's essential to allocate your income properly for basic needs, emergency funds, and other necessities before considering spending on gambling. Always prioritize responsible financial planning over entertainment expenses, including gambling.

[Josefjix]

I hadn't considered this recently, but I believe that allocating less than 10% of your income for gambling is the best approach. Of course, this may vary for different individuals.

It's essential to allocate your income properly for basic needs, emergency funds, and other necessities before considering spending on gambling. Always prioritize responsible financial planning over entertainment expenses, including gambling.

As long as we are in the space, we ought to sort out way to survive. Gambling is the last thing on my mind because I have other important resources that I prioritize. I took care of my family because I am the breadwinner, then I focused on extracurricular activities that provide some extra money for my pocket, which I then divided between my recreational interests, gambling being one of them. Straight 10% goes to that area without hesitation, and while I occasionally record losses that are manageable, I frequently generate profits that come with substantial benefits.

[panjul07]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Should we use percentage of our income to calculate about how much to spend in gambling? I dont think so..
Why? Because it means that if you huge income, then you will spend huge amount for gambling as well which is not that good.
Lets say you have a weekly/monthly income about $100k and you set 5%-10% for gambling, means that you will spend 5%*100k = 5k-10k
It is wiser if you spend what you can afford to lose only, the most important thing is to spend your income to your daily needs first.
Our weekly/monthly needs is not stable, sometime we can spend less some other time we are forced to spend more.
Once we can spent our income for our important things first then we can start to calculate how much to spend in gambling.

[Dr.Bitcoin_Strange]

As long as we are in the space, we ought to sort out way to survive. Gambling is the last thing on my mind because I have other important resources that I prioritize. I took care of my family because I am the breadwinner, then I focused on extracurricular activities that provide some extra money for my pocket, which I then divided between my recreational interests, gambling being one of them. Straight 10% goes to that area without hesitation, and while I occasionally record losses that are manageable, I frequently generate profits that come with substantial benefits.

Despite the fact that one is involved in other things, they can still have little free time to gamble. I am also a very busy person from Monday until Friday (mostly Mondays and Tuesdays), but I still have time to gamble, although when I am too busy with activity during some weeks, I don't find time to gamble. But it doesn't mean I still don't get my mind running through it, and yet I can't help but concentrate on the work that really mattered at that moment. Who knows if, by the time I am married, I might even have time to gamble at all?

[Renampun]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

actually this is a personal problem that only that person can think about and the answers that appear are definitely different.

I use 20% of my weekly income for gambling, it's never less or more, compared to the percentage you give maybe it's quite high but I discussed this with my partner and he's okay with it, but when I go too far I want to use it more funds, he will definitely scold me lol.

for all, avoid gambling beyond capital that you cannot cover and never use emergency funds or debt to gamble, that is very risky.

[fullhdpixel]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Are we talking about income on signature campaign that pays in BTC? Though there are other jobs which also pays weekly but most of them pays every 15th and 30th day. I don't know if what was your weekly salary OP but 5 percent can be huge or small depending on how much we are earning per week. I earn like $70 per week so for me a less than 10 percent of it is already a good amount to gamble. It's not that high or too low.

It's just enough to make a good number of rolls and earn something decent once I get lucky. There is no fixed percentage, if that is what you want to know because not all people have the same capacity.

[YOSHIE]

What percentage of weekly income can you use to gamble.

10% to 15% I think it's something normal for me to use in gambling, but there are exceptions.

Recently I have been betting unevenly, I only see the situation and the odds of the game I want to bet on, because I rarely make bets in types of bets such as slots, poker, craps and so on, because I only focus on one type of bet, namely sports, for that the percentage of income that I play in sports betting can be said to be 10-15%, maybe occasionally it can be up to 30%, but not often, depending on the circumstances of the sports team and club.

Conclusion: the income or percentage that I bet for gambling, is not balanced, depending on the situation, it can be a small or large percentage.

[Pierre 2]

This depends on your own income's size. Some people only need %10 of their monthly income to survive. Some people need at least %50. In my current position I would safely use at least %3-4 of my weekly income because I don't personally have no big expenses. %5 feels like bit too much to me if you are especially feeding mouths of a family of three. I think my own gambling returns would affect it too. If I could generate all money I spent back I would gradually increase portion to use at gambling surprisingly. Most people are very worried to calculate such funds.

[hyudien]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For me 5% is still too much for a weekly budget if it's only allocated for gambling. Too risky even though the benefits can be multiplied though. My intention is to bet quite simply with minimal capital in the end, I will still spend it at the casino, especially if with a large budget I can easily lose quickly. To gamble for me is throwing money away, isn't that the point? there is no stable percentage for gambling. This is based on what I experienced, so it can be different according to each version.

[LUCKMCFLY]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For me 5% is still too much for a weekly budget if it's only allocated for gambling. Too risky even though the benefits can be multiplied though. My intention is to bet quite simply with minimal capital in the end, I will still spend it at the casino, especially if with a large budget I can easily lose quickly. To gamble for me is throwing money away, isn't that the point? there is no stable percentage for gambling. This is based on what I experienced, so it can be different according to each version.

Well, each person allocates their budget to cover their needs, and if 5% is enough, it is up to the person, personally I would not allocate that much, 5% is also enough money for me, although it does not represent much, but at Sometimes basic needs can be covered, this is something we must point out, in any case, if that 5% is what you are used to, it seems to me that it is fine, each one has different capacities Now, as they have said, 12% It's really something I could never do, because of my responsibilities, but if one person does it, I think it's super cool.

Well, I don't know what the other players have in mind, but I think that all this imposing a percentage is based on income, because 5% cannot be allocated from a low income because otherwise it would not be able to cover all needs, this is something that must be taken into consideration, now if the person has a good enough income, it is nothing to do 5% or 12%, some 20%, this implies having enough income to do that good spending.

In any case, in terms of expenses for services, what the person considers seems good to me, it's not even 1%, I don't know what the person's expenses are like, so sometimes we must have a little awareness, although a 1% for some can be very high, so sometimes the different economic situations can vary, the best thing is always what the person has to have fun.

Gambling should be taken just as that, as fun, we can never consider it as an option to earn money on the swear, or as an income as well as a job, because that is the worst mistake that can be made, that is where everything begins to divert. Related to addiction and another series of problems in a person who are not adequate, responsibility above all is what frees us from bad omens and when it comes to casinos, sports betting, that care must be taken.

[harizen]

Gambling should be taken just as that, as fun, we can never consider it as an option to earn money on the swear, or as an income as well as a job, because that is the worst mistake that can be made, that is where everything begins to divert. Related to addiction and another series of problems in a person who are not adequate, responsibility above all is what frees us from bad omens and when it comes to casinos, sports betting, that care must be taken.

It's the wrong mindset for me to take gambling just for fun.

Taking gambling as fun will surely lead to something sh*t later on. For example, if a person wants to allocate 5% to 10% of their income or salary for gambling just to fulfill their fun in gambling, are we sure if they lose that percentage of their income, their fun will stop there? Definitely no in most cases. Instead, they will push far and breach that percentage to gamble more and that is where sh*t happened.

Don't take that reason to gamble just to have fun. There are lots of ways to have fun without risking money.

It's not with the percentage of the income to be used on gambling but regardless, just always be disciplined in managing our money.

[iv4n]

...
Don't take that reason to gamble just to have fun. There are lots of ways to have fun without risking money.

It's not with the percentage of the income to be used on gambling but regardless, just always be disciplined in managing our money.

I would like to hear about some of the ways to have fun without spending money. Nothing is free these days, entertainment can cost less or more, but generally, more money means potentially more fun. But definitely, if we wish for some fun we need to spend some money. I am not sure if it's relevant, but some people spend money and risk their lives just to feel the rush of adrenaline while jumping from a plane or mountain... well, I would rather risk my money in the casino while sitting in my chair. For me, there's some fun in "risking money" while playing some games I love, and I choose to do that rather than something else.

Some people take gambling more seriously, but they are not playing slots probably... or other -ev games.

[mindrust]

It's the wrong mindset for me to take gambling just for fun.

I don't agree with that. Since gambling is not a business which you can create a streaming income from it in the long term, then gambling should only be an entertainment for the player. It is the casino's job to make money, not the players. Players should lose the money but get some entertainment while doing so. That's also the reason why I mostly prefer the real life casinos over the online casinos because there are lots of entertainment in those casinos. (free booze, good looking girls etc) Online casinos did a good job during the covid19 shutdowns though real life casinos will always be the king of entertainment.

[swogerino]

It's the wrong mindset for me to take gambling just for fun.

I don't agree with that. Since gambling is not a business which you can create a streaming income from it in the long term, then gambling should only be an entertainment for the player. It is the casino's job to make money, not the players. Players should lose the money but get some entertainment while doing so. That's also the reason why I mostly prefer the real life casinos over the online casinos because there are lots of entertainment in those casinos. (free booze, good looking girls etc) Online casinos did a good job during the covid19 shutdowns though real life casinos will always be the king of entertainment.

Well sorta like that.However keep in mind that while gambling people have a real opportunity to hit it big by winning the jackpot or maximum payout from a slot machine and that is the main reason that keeps people coming back at gambling.Nowadays our life is extremely dynamic and rarely I know someone who says I am going to gamble just for fun while I do know a lot of people that tell me we are going to the casino (online or physical) in a pursuit to try and hit the maximum payout or winning a substantial amount and this for me is the real motivation as to why people gamble.

[Strongkored]

What percentage of weekly income do you think is right for gambling?

Of course, everyone has a different limit and it will be adjusted according to the ability to afford the losses, I'm sure some can even be more than 20% because he is very active and has a lot of time to spend on gambling, but I've never been more than 10% even more often below that, because often busy with other things so I don't have quiet time to be able to use it for gambling, because I'm sure every gambler will play when he's really not busy, and quiet time to do it
I think whatever percentage players allocate for gambling is expected not to exceed it because when a player exceeds what has been targeted then the allocation will continue to increase so it is likely that players will experience financial difficulties, I mean play in moderation and use the money for other things that can produce because of course when we have a bigger income it will allow us to play with bigger funds even though the percentage is the same.

[Mr. Magkaisa]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

     -    If you allocate 5% of your income weekly and if you earn 300$ weekly that means is around 15$ and 1 month is a total of 60%, I think maybe that's not bad. With such a habit every week, you can be considered a responsible gambler.

But as a matter of fact, sometimes when you feel that you are lucky, the instinct that a player will feel is that he will not notice to himself that he is going beyond his limits, so it seems that it is impossible to say if you can maintain such a strategy.

[slapper]

~snip~

Well, each person allocates their budget to cover their needs, and if 5% is enough, it is up to the person, personally I would not allocate that much, 5% is also enough money for me, although it does not represent much, but at Sometimes basic needs can be covered, this is something we must point out, in any case, if that 5% is what you are used to, it seems to me that it is fine, each one has different capacities Now, as they have said, 12% It's really something I could never do, because of my responsibilities, but if one person does it, I think it's super cool.

Well, I don't know what the other players have in mind, but I think that all this imposing a percentage is based on income, because 5% cannot be allocated from a low income because otherwise it would not be able to cover all needs, this is something that must be taken into consideration, now if the person has a good enough income, it is nothing to do 5% or 12%, some 20%, this implies having enough income to do that good spending.

In any case, in terms of expenses for services, what the person considers seems good to me, it's not even 1%, I don't know what the person's expenses are like, so sometimes we must have a little awareness, although a 1% for some can be very high, so sometimes the different economic situations can vary, the best thing is always what the person has to have fun.

Gambling should be taken just as that, as fun, we can never consider it as an option to earn money on the swear, or as an income as well as a job, because that is the worst mistake that can be made, that is where everything begins to divert. Related to addiction and another series of problems in a person who are not adequate, responsibility above all is what frees us from bad omens and when it comes to casinos, sports betting, that care must be taken.

It's a recreational activity, after all. Gambling responsibly is the golden rule, whether you allocate 5% or 12% of your income.

Just wanted to chip in about the variable percentage allocations you mentioned. Yes, it totally depends on a person's income. But it's also important to note that it should be discretionary income, i.e., money left after meeting all your financial obligations and saving for the future. Even if your discretionary income is sky-high, it's essential not to get carried away and maintain your responsible gambling practices

Regarding considering gambling as a job, I partly disagree. There are professional gamblers who've made a career out of it. But they are few and far between, with a deep understanding of the games they play, unwavering discipline, and impeccable bankroll management skills. For most of us, though, gambling should remain a fun activity and nothing more

[danherbias07]

I think I go way lesser than that for my weekly income. 

I just had a little bit of money in my account just so I could enjoy the games on the gambling site like slots and the original games. Then, some of it will go to sports with a good percentage to win it. I've seen a lot of gamblers' strategies that whenever they lose in casino games, they turn their eyes to sports and win it to make a new budget for their casino games again.
It's a good strategy if you want your funds to last the whole week or before your next funds will come. Right now, I am trying to do that and make it last longer just so I could still enjoy playing their games while increasing the wager for a VIP class.

[AicecreaME]

This will highly depend on the amount you make and your expenditures. Anyone can allocate a specific percentage as long as it doesn't compromise the other necessities and priorities for budget. If I'm earning about 2000 dollars per month, I could allocate less than 5% of it in gambling and other risky activities that I could enjoy and profit. It will not be a harmful amount to be cut on the budget if ever things are going pretty well.

But if I'm earning low and I have so many bills to pay, I'd think twice about spending consistently in gambling. Maybe if I only feel the need of gambling due to stress and I timingly have a spare.

[LUCKMCFLY]

~snip~

Well, each person allocates their budget to cover their needs, and if 5% is enough, it is up to the person, personally I would not allocate that much, 5% is also enough money for me, although it does not represent much, but at Sometimes basic needs can be covered, this is something we must point out, in any case, if that 5% is what you are used to, it seems to me that it is fine, each one has different capacities Now, as they have said, 12% It's really something I could never do, because of my responsibilities, but if one person does it, I think it's super cool.

Well, I don't know what the other players have in mind, but I think that all this imposing a percentage is based on income, because 5% cannot be allocated from a low income because otherwise it would not be able to cover all needs, this is something that must be taken into consideration, now if the person has a good enough income, it is nothing to do 5% or 12%, some 20%, this implies having enough income to do that good spending.

In any case, in terms of expenses for services, what the person considers seems good to me, it's not even 1%, I don't know what the person's expenses are like, so sometimes we must have a little awareness, although a 1% for some can be very high, so sometimes the different economic situations can vary, the best thing is always what the person has to have fun.

Gambling should be taken just as that, as fun, we can never consider it as an option to earn money on the swear, or as an income as well as a job, because that is the worst mistake that can be made, that is where everything begins to divert. Related to addiction and another series of problems in a person who are not adequate, responsibility above all is what frees us from bad omens and when it comes to casinos, sports betting, that care must be taken.

It's a recreational activity, after all. Gambling responsibly is the golden rule, whether you allocate 5% or 12% of your income.

Just wanted to chip in about the variable percentage allocations you mentioned. Yes, it totally depends on a person's income. But it's also important to note that it should be discretionary income, i.e., money left after meeting all your financial obligations and saving for the future. Even if your discretionary income is sky-high, it's essential not to get carried away and maintain your responsible gambling practices

Regarding considering gambling as a job, I partly disagree. There are professional gamblers who've made a career out of it. But they are few and far between, with a deep understanding of the games they play, unwavering discipline, and impeccable bankroll management skills. For most of us, though, gambling should remain a fun activity and nothing more

Well, it's a great thought, things should be and be carried out in a balanced way, but for some of the players they don't see it that way, in fact I think that there are very few who consider that the game is like that. a job, I don't see it and I never see it that way, because it is not something constant, nor is it the case that they dedicate themselves all day to it, so it is not good or advisable to see the Game as a way of working, because it is very Risky.

In the game, each person is always the owner of their finances, you cannot give an opinion for others, because we all have a different economic position , each person knows how to do things and how to manage their finances, but if the person is responsible They know very well that their responsibilities come first, there is nothing else to discuss, if there is a family, if there is any other type of commitment, well that comes first, that is the law.

I really like the way you say it, because it is a very defined way of showing that he is a person who is in control, who does not get carried away by the excitement of the game, who is aware of everything and who can make himself see that things are very good.

Personally, in terms of the percentages to be assigned in the game, for me it can be variable, there are times when I cannot say anything , because sometimes the Expenses that are unexpected must be answered, after all this things can and should be seen Like some , it's just to have fun and not take it so seriously, the casino and the bets were created to have fun , to raise the adrenaline, of course also for people to earn money, but not all the time, because it is obvious but the business it doesn't work, also in a casino there is always the advantage of the house is that it is something that will always stand out in every way , apart from all this, if the person is mature enough in his things he knows how to determine the ideal Percentage so that he can Enjoy the benefits of Casinos.

Some people do not give much Importance to the percentage of salary that they can Allocate to Casino games , but thinking about it , it is not a Bad idea , when we have a Percentage to play or spend, it is that we are very clear about all our financial movements, There is better control and , apart from that, the option of falling into addiction and becoming Decapitalized is much Further Away.

[Wakate]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I don't gamble much these days because I am always occupied with work and activities. I am started declining in the way I used to bet before which I think is a good development for me since it was not easy for me to quit or reduce the way I gamble before. I think we can use any percentage of our weekly income to gamble depending on what we want and how we see it. I see 5% to be too small for me. If I were you and I used to have consistent profits in gambling, I will increase it to like 10% so I can make more gains buy not in a greedy manner at all.

[GigaBit]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I think it would depend mainly on a person's financial circumstance. If a person does not have any financial problems to maintain his family then spending 12 percent on gambling in his favor will not have any effect. On the other hand, those with lower incomes may find it difficult to spend 12 percent. In that case 5 percent may be appropriate. But if someone spends 5 percent of money every month on gambling then it will not affect that person. But some gamblers become so addicted to gambling that in some cases they spend a large part of their income on gambling which should not be done.

[dothebeats]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

     -    If you allocate 5% of your income weekly and if you earn 300$ weekly that means is around 15$ and 1 month is a total of 60%, I think maybe that's not bad. With such a habit every week, you can be considered a responsible gambler.

But as a matter of fact, sometimes when you feel that you are lucky, the instinct that a player will feel is that he will not notice to himself that he is going beyond his limits, so it seems that it is impossible to say if you can maintain such a strategy.

I did it for two years, so it's entirely possible to gamble in a budget and stick to it. Of course, it depends heavily on the person and not specifically the strategy that one is employing, because no matter how good the strategy is, if the person is not consistent, that strategy will always fail. Even if you allocate 1% and you often go over that budget, it's a strategy failed.

[ChiBitCTy]

As I'm reading through so many of these responses, I can't help but wonder how many of you are actually investing the right percentages of your weekly pay to necessities such as your retirement plan and healthcare, and which of you are using money that would go to those important things are going to your gambling habits. 

I don't have a % set of any sort. I bet when I want to make bets. If I had a percentage I'd be an out of control gamblers, which thankfully I've never been.

[ethereumhunter]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I think it would depend mainly on a person's financial circumstance. If a person does not have any financial problems to maintain his family then spending 12 percent on gambling in his favor will not have any effect. On the other hand, those with lower incomes may find it difficult to spend 12 percent. In that case 5 percent may be appropriate. But if someone spends 5 percent of money every month on gambling then it will not affect that person. But some gamblers become so addicted to gambling that in some cases they spend a large part of their income on gambling which should not be done.

You are right. As long as the person knows what percentage he can gamble with, stays within his limits, and doesn't gamble excessively, he can still continue to gamble and enjoy his gambling. But often, when people lose, they can't accept their defeat and deposit more money to recover their loss. But if they can think that in gambling, winning and losing is something we have to accept; when we lose, we have to accept it well because that's gambling. So if it's 5 percent or 12 percent or even 20 percent, that's also okay as long as that person can accept all the consequences while playing gambling and doesn't mind if he loses.

[Bitinity]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I think it would depend mainly on a person's financial circumstance. If a person does not have any financial problems to maintain his family then spending 12 percent on gambling in his favor will not have any effect. On the other hand, those with lower incomes may find it difficult to spend 12 percent. In that case 5 percent may be appropriate. But if someone spends 5 percent of money every month on gambling then it will not affect that person. But some gamblers become so addicted to gambling that in some cases they spend a large part of their income on gambling which should not be done.

When we use specific number of percentage, the amount can be so small but also can be so big. Lets say our weekly income is $50, 5% is just $2.5 which so small amount of money to gamble. In this case, I would prefer to not gamble at all if I have $2.5 only to gamble. On the other hand, lets say our weekly income is like someone who known to be billionaire such as Elon Musk. Can you imagine how much is 5% of his weekly income? It can be so huge amount of money to spend on gambling. Instead of using specific percentage based on our income, I believe it is better to gamble with spare money only after we spend our income for other more important things.

[m2017]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

It's funny to hear this when gamblers talk about weekly gambling spending. Why don't you talk about weekly winnings of 5% or 12%? You initially go to the casino ready to lose that 5% and with the knowledge that it will happen. And also, resigned to the fate that for the most part, you will lose and leave 5% (maybe more) of your budget in the casino balance.

It looks a little strange, knowing that losses are expected, to continue to act purposefully taking these losses and all for the sake of the illusory hope that the gain will cover these losses.

For weekly gambling income, any percentage that is higher than your expenses is fine. Only I'm not sure if gamblers will be able to maintain this level on a weekly basis, because it depends on RTP, and not on their skills and talents.

Casinos couldn't exist if it wasn't profitable. Every gambler hopes that he can outwit the casino and not be among their sponsors. But statistics are stubborn things.

[jrrsparkles]

As I'm reading through so many of these responses, I can't help but wonder how many of you are actually investing the right percentages of your weekly pay to necessities such as your retirement plan and healthcare, and which of you are using money that would go to those important things are going to your gambling habits. 

I don't have a % set of any sort. I bet when I want to make bets. If I had a percentage I'd be an out of control gamblers, which thankfully I've never been.

Compulsion towards spending for gambling on weekly or monthly basis also similar to an addiction but since the user is under control of financial allocation there won't be any huge financial loss.

I am also against that kind of gambling and all I do is just random, if I feel I want to gamble then I just deposit an amount subjective to my risk appetite and try to exhaust or win big but I am not going to try that too often which means I am more balance not centric towards gambling.

[elevates]

Just now saw on the poll that there are 3 users who voted for less than 30%. Must be pro gamblers or addicts as they can only use maximum  30 percent of their salary for gambling. In general most of us voted for the 5% base but in real life scenario that would exceed to 10% easily. It is hard to keep a track of the amount when you are playing and most of the times most fail to restrict themselves and do exceed the gambling budget. Only a disciplined gambler shoes bank roll is handled by someone else can restrict themselves from going above the benchmark.

[swogerino]

Just now saw on the poll that there are 3 users who voted for less than 30%. Must be pro gamblers or addicts as they can only use maximum  30 percent of their salary for gambling. In general most of us voted for the 5% base but in real life scenario that would exceed to 10% easily. It is hard to keep a track of the amount when you are playing and most of the times most fail to restrict themselves and do exceed the gambling budget. Only a disciplined gambler shoes bank roll is handled by someone else can restrict themselves from going above the benchmark.

We all voted for 5% but the reality is that we all exceed it very easily as the rage and the emotions of the gambling session can dictate us to further and much further some times yet the 30% of the salary is a huge amount to be playing in gambling.Let's take the average German net salary of 2500 EUR and that is 750 EUR to gamble,that 30% some people have voted here,of course they must be either pro gamblers or addicts but mostly pro as addicts can easily play all their salary in gambling in a very short amount of time and not have a sense of what they have just done.Self discipline can be learned only through bad experiences and hard ships and only these people can stay at their predetermined amount set away for gambling.

[bettercrypto]

Honestly speaking, twice a month or sometimes once. I've only been gambling for a month, because I can't rely on gambling to win so that I can pay the bills every month on my bills and even my expenses in my daily life.

Also, my monthly salary is not much. It's just moderate and I can somehow survive. Maybe the only people who will do that are those who have a lot of extra money to gamble with and those who are really wealthy in life. And even if I earn 1k$ a month I won't spend 5% of it just for gambling because the amount of 20$ bet is high for me.

[noormcs5]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

You spend 5% of your weekly income on gambling and others who spend 12% are also responsible gamblers but do you know that the majority of the people will spend 80% or even 100% of their income in order to double or lose all?

The gamblers are known for taking risks and they usually find this 5-10% of their capital not enough to meet their gambling needs. Most of gamblers do not even know that there is any money management in gambling. If everyone could follow these money management techniques, for sure, no gambler will lose all his portfolio.

[Westinhome]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

It's good idea to use of gambling site,because if you not fix the amount of deposit.It's leads to the addiction to the gambling site,So fix the amount to use of the gambling site.The most important factor is you should use the free money for the gambling instead of using the huge money.You should see all the old games to get some tactics for the game.If you are going to play the dice game,you should check the old roll of that dice game in the past.Then you can get the idea of dice number which is fit for the bet your money.

[_act_]

It is hard to keep a track of the amount when you are playing and most of the times most fail to restrict themselves and do exceed the gambling budget. Only a disciplined gambler shoes bank roll is handled by someone else can restrict themselves from going above the benchmark.

It is not hard for me to use like 5% of my weekly income to gamble. The people that this can be hard for are people that are not yet married, because people that are married have responsibility which they would want to fulfil as a good husband and father. But there are some people that are not married too thay know that the more money they put on gambling the more likely that they will lose, those kind people will not put too much money on gambling. The reason for having a budget for gambling is just because of this, to avoid addiction and spending of too much money on gambling. If you know you are gambling with more than the budget you set for it, it is a sign that gambling is becoming a problem in your life.

[leonair]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

A profit limit of 5% per week is not a big target that can be met and it is possible to earn from gambling with such a small target because those who want to get rich in a short period of time are the ones who suffer greatly from gambling. Gambling with a limitation is a good strategy.  Because it helps to control our-self which saves from many big losses. Greed destroys people and that's why those who want to get rich quickly from gambling they are the ones who end up in danger and at some point fall into deep addiction of gambling

[piebeyb]

Honestly speaking, twice a month or sometimes once. I've only been gambling for a month, because I can't rely on gambling to win so that I can pay the bills every month on my bills and even my expenses in my daily life.

Also, my monthly salary is not much. It's just moderate and I can somehow survive. Maybe the only people who will do that are those who have a lot of extra money to gamble with and those who are really wealthy in life. And even if I earn 1k$ a month I won't spend 5% of it just for gambling because the amount of 20$ bet is high for me.

that's good friend, you don't make gambling your source of income, it's true that for small gamblers maybe 5% is very large even though they have a very large income in salary at work or business income, because maybe small gamblers understand more about how to control themselves than big gamblers who waste more than 50% of their income on gambling, they as small gamblers usually don't care about how to win against the casino but prioritize having fun and enjoying the game.

I'm also a small gambler, maybe 2% is more than enough, but 5% won't hurt as long as you can control it and limit each budget, also limit the amount of losses and wins so you don't follow the game too deep, because gambling too deep makes it easier for us to get stuck with addiction, because if you have become an addict it is rather difficult to cure it if it doesn't come from himself. so gambling within our means is more than enough

[Oshosondy]

A profit limit of 5% per week is not a big target that can be met and it is possible to earn from gambling with such a small target because those who want to get rich in a short period of time are the ones who suffer greatly from gambling. Gambling with a limitation is a good strategy.  Because it helps to control our-self which saves from many big losses. Greed destroys people and that's why those who want to get rich quickly from gambling they are the ones who end up in danger and at some point fall into deep addiction of gambling

You are right, but even with the low amount of money, peope should not think of gambling as a way of making money, the 5% I go for is the amount that I can lose and never thing about it. I mean I can be able to afford to lose 5% of my weekly income to gambling. To make profit is not what I can think about while gambling because if not taking gambling as fund it may lead to using high amount of money.

[bisdak40]

You are right, but even with the low amount of money, peope should not think of gambling as a way of making money, the 5% I go for is the amount that I can lose and never thing about it. I mean I can be able to afford to lose 5% of my weekly income to gambling. To make profit is not what I can think about while gambling because if not taking gambling as fund it may lead to using high amount of money.

Just curious, that 5 percent that you allocate, does it come from your regular day job or just from the signature campaign pay that you receive every week here because if it comes from your day job then that hurts, budget-wise.

[topbitcoin]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Gambling is not about needs but wants, so fulfill your and your family's needs first before deciding to play gambling.

What we have to do is limit our spending on gambling, which is a maximum of 10% of your weekly income. Not that we have to set aside every week, but first meet your and your family's needs. What needs to be set aside is money for saving, not for gambling. and your savings, so don't ever be implied to do gambling and force yourself to set aside money for gambling let alone use money for your needs to be used to play gambling.

I think we are all adults when we want to do gambling and can determine when you play and when you decide not to play, especially those who already have dependents, they must be able to manage it. Don't let wants beat needs.

[ethereumhunter]

A profit limit of 5% per week is not a big target that can be met and it is possible to earn from gambling with such a small target because those who want to get rich in a short period of time are the ones who suffer greatly from gambling. Gambling with a limitation is a good strategy.  Because it helps to control our-self which saves from many big losses. Greed destroys people and that's why those who want to get rich quickly from gambling they are the ones who end up in danger and at some point fall into deep addiction of gambling

You are right, but even with the low amount of money, peope should not think of gambling as a way of making money, the 5% I go for is the amount that I can lose and never thing about it. I mean I can be able to afford to lose 5% of my weekly income to gambling. To make profit is not what I can think about while gambling because if not taking gambling as fund it may lead to using high amount of money.

5% is an acceptable amount because it's not too big but we have to keep maintaining that amount so it doesn't get big. And even though we will lose after playing gambling, with that 5%, our losses will not be too much so we can still save another amount of money. We can save it until a few days later or next week to play gambling. And it's good if you don't think about making a profit from gambling because it helps you to avoid gambling addiction so you can control your gambling.

[slapper]

Honestly speaking, twice a month or sometimes once. I've only been gambling for a month, because I can't rely on gambling to win so that I can pay the bills every month on my bills and even my expenses in my daily life.

Also, my monthly salary is not much. It's just moderate and I can somehow survive. Maybe the only people who will do that are those who have a lot of extra money to gamble with and those who are really wealthy in life. And even if I earn 1k$ a month I won't spend 5% of it just for gambling because the amount of 20$ bet is high for me.

that's good friend, you don't make gambling your source of income, it's true that for small gamblers maybe 5% is very large even though they have a very large income in salary at work or business income, because maybe small gamblers understand more about how to control themselves than big gamblers who waste more than 50% of their income on gambling, they as small gamblers usually don't care about how to win against the casino but prioritize having fun and enjoying the game.

I'm also a small gambler, maybe 2% is more than enough, but 5% won't hurt as long as you can control it and limit each budget, also limit the amount of losses and wins so you don't follow the game too deep, because gambling too deep makes it easier for us to get stuck with addiction, because if you have become an addict it is rather difficult to cure it if it doesn't come from himself. so gambling within our means is more than enough

Do novice gamblers have a better grasp of self-limitation than seasoned pros? I guess I will! That's a novel approach to playing the odds. The big spenders and gamblers, flush with cash and living life to the fullest. And then there's you, a relatively little player who is playing it safe and slowly building your position. What, only 2%? And if you're very lucky, maybe 5% every once in a while? The home, as the old adage goes, always has the upper hand. That is, unless you're not in it to win it. You participate because you enjoy the competition, the company of your peers, and the thrill of the moment. Your warning about addiction is very valid, so props to you for that. It's insatiable like a ravenous beast that never seems satisfied. But you've got it worked out with your 2% and your limits. Is that not the case?

[Negotiation]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

It's good idea to use of gambling site,because if you not fix the amount of deposit.It's leads to the addiction to the gambling site,So fix the amount to use of the gambling site.The most important factor is you should use the free money for the gambling instead of using the huge money.You should see all the old games to get some tactics for the game.If you are going to play the dice game,you should check the old roll of that dice game in the past.Then you can get the idea of dice number which is fit for the bet your money.

Rightly said mate, if you can control yourself from gambling addiction it is easy to fix the amount of everything. It is better to start with less but a person also has to calculate the income and expenses. Playing the maximum bet does not increase the odds, considering the machine is programmed to randomly generate results. Also, if you hit the casino on a tight budget it may not last long if you're maxing out on every game. Before getting rich it is important to remember that only a small number of sports betting is profitable.

[Outhue]

I won't dare gamble with 5% of my income for gambling every week, that's a lot in a month's time, I would rather invest the money into Bitcoin as this is a guaranteed investment over gambling, I am a businesswoman and I have my own fashion home, my gambling every week depends on how much I make in a week, so I don't have a fixed budget for gambling, but I always make sure that 2% of my money I make per week will go into gambling, it's not a must, if sales aren't looking good for that week I won't gamble, it's not as if I am even making a lot from gambling anyways.

It's safe to say that my gambling decision depends on how much I will make in the week

[hyudien]

What percentage of weekly income do you think is right for gambling?

In the past maybe I was quite active in allocating a percentage of my finances for gambling, but not anymore and I only bet very small amounts to just play games. Because more and more I realize that gambling does not have to be taken as a serious option to make it part of the mandatory financial allocation. Out there, people who do have some kind of card game skill still make sense to allocate a financial percentage but if only as a gambler who relatively plays in games based on luck, my advice is that it's better not to do the same thing because the risk of losing is greater than the profit.

[tusandii]

I won't dare gamble with 5% of my income for gambling every week, that's a lot in a month's time, I would rather invest the money into Bitcoin as this is a guaranteed investment over gambling, I am a businesswoman and I have my own fashion home, my gambling every week depends on how much I make in a week, so I don't have a fixed budget for gambling, but I always make sure that 2% of my money I make per week will go into gambling, it's not a must, if sales aren't looking good for that week I won't gamble, it's not as if I am even making a lot from gambling anyways.

It's safe to say that my gambling decision depends on how much I will make in the week

That's good, it means you have limits that allow for budget overruns to not occur in gambling.
There are many gamblers out there who cannot manage and limit the budget to use for gambling and on average make a gradual deposit where at the beginning of the game session they deposit $ 50 and after a while they will deposit again and continue to do it even worse until they run out of all the money they have owned.

Setting a budget limit based on a week's earnings is also a good thing to do and I still do it to this day.

[Mauser]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Like you and the majority here on the forum I use 2-5% of monthly income for gambling activities. Having a fixed percentage of my income for gambling is the best risk management tool. With my fixed budget I can choose freely if I want to play poker, slots, other casino games or bet on sport matches. As long as I don't use more money on a monthly basis, I will add any unspent money to my next monthly basis. An important difference is that I try to preserve my winnings as much as possible. So, whenever I have a decent win I will take that money out and save. At least for me it's important to keep a difference between my monthly budget and how much I win. Especially in poker I try to keep building my bankroll to slowly move up the blinds. Without having a growing bankroll it's difficult to survive a losing streak. Now I am curious how anybody can use 30% of his income for gambling alone over a long period of time.

[naira]

A profit limit of 5% per week is not a big target that can be met and it is possible to earn from gambling with such a small target because those who want to get rich in a short period of time are the ones who suffer greatly from gambling. Gambling with a limitation is a good strategy.  Because it helps to control our-self which saves from many big losses. Greed destroys people and that's why those who want to get rich quickly from gambling they are the ones who end up in danger and at some point fall into deep addiction of gambling

You are right, but even with the low amount of money, peope should not think of gambling as a way of making money, the 5% I go for is the amount that I can lose and never thing about it. I mean I can be able to afford to lose 5% of my weekly income to gambling. To make profit is not what I can think about while gambling because if not taking gambling as fund it may lead to using high amount of money.

5% is an acceptable amount because it's not too big but we have to keep maintaining that amount so it doesn't get big. And even though we will lose after playing gambling, with that 5%, our losses will not be too much so we can still save another amount of money. We can save it until a few days later or next week to play gambling. And it's good if you don't think about making a profit from gambling because it helps you to avoid gambling addiction so you can control your gambling.

I'd honestly agree to budget 2-5% and not more than that if you feel like a regular gambler like me and a few other users. In the case of this percentage, I'm just being private so I don't say that to the people closest to me for many reasons that make sense especially the paradigm in my place, gambling is an activity that is considered bad. For me personally as long as the money doesn't come from loans it doesn't matter because we also need entertainment and it happens that this type of entertainment is in casinos.

I once asked several friends and they also said the same thing and with reasonable reasons to limit losses every week.

[maydna]

What percentage of weekly income do you think is right for gambling?

In the past maybe I was quite active in allocating a percentage of my finances for gambling, but not anymore and I only bet very small amounts to just play games. Because more and more I realize that gambling does not have to be taken as a serious option to make it part of the mandatory financial allocation. Out there, people who do have some kind of card game skill still make sense to allocate a financial percentage but if only as a gambler who relatively plays in games based on luck, my advice is that it's better not to do the same thing because the risk of losing is greater than the profit.

That means the amount we use must vary and depend on our income. If we are more concerned with daily needs, maybe we won't use the money for gambling or perhaps we only use a little money like you do so it won't interfere with our finances in a month. But if someone allocates a certain amount of money, that's also okay because maybe they have plans other than gambling. We must remember that our needs in life are different from other people.

[QueenVera]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

What I think is that there's no specific percentage of amount that  seems very right because it varies for different individuals depending of the amount of income they recieve as salary if a 12% of a persons income is used as a spare money and could afford to risk losing it to gambling the it's appopriate but if it's something that could cause financial unstabilty and affect other basic needs then it shouldn't be considered.
 And I belive that 5% of your income is very okay for you to consider gambling with, without feeling remorseful that why you decided to stick with it and not exceed that limit, it is always advised that people should use their spare money to gamble and it can be any amount that wouldn't affect one's budget or other important bills, for instance when i get my weekly income i make sure i settle my debts and pay other bills then any money remaining is what i use to gamble and i don't spend it recklessly on careless bets and greedy games.

[Oshosondy]

What I think is that there's no specific percentage of amount that  seems very right because it varies for different individuals depending of the amount of income they recieve as salary if a 12% of a persons income is used as a spare money and could afford to risk losing it to gambling the it's appopriate but if it's something that could cause financial unstabilty and affect other basic needs then it shouldn't be considered.

Choosing 5% to gamble is very good. That is the highest amount that I can go for. But I do not think that saying no specific amount that seems very right is not right because no matter how high the money is, the higher the amount used the higher the person will gamble irresponsibly. People plan for future, if someone is not having financial instability but using the money he supposed to do become good in life and become bigger person to gamble, that is not also good because the person will think of past and be remorseful. I can afford to lose 50% of my income without no financial instability and I will also be able to afford basic needs, but I prefer to go for 5% which makes gambling fun for me without thinking of my lost money in the past after I was not addicted anymore.

[CarnagexD]

I won't dare gamble with 5% of my income for gambling every week, that's a lot in a month's time, I would rather invest the money into Bitcoin as this is a guaranteed investment over gambling, I am a businesswoman and I have my own fashion home, my gambling every week depends on how much I make in a week, so I don't have a fixed budget for gambling, but I always make sure that 2% of my money I make per week will go into gambling, it's not a must, if sales aren't looking good for that week I won't gamble, it's not as if I am even making a lot from gambling anyways.

It's safe to say that my gambling decision depends on how much I will make in the week

That's good, it means you have limits that allow for budget overruns to not occur in gambling.
There are many gamblers out there who cannot manage and limit the budget to use for gambling and on average make a gradual deposit where at the beginning of the game session they deposit $ 50 and after a while they will deposit again and continue to do it even worse until they run out of all the money they have owned.

Setting a budget limit based on a week's earnings is also a good thing to do and I still do it to this day.

Allocating around 2% of your weekly earnings for gambling makes a lot of sense. It's like a little side bet that you're comfortable with, and you're being flexible based on how well your business is doing that week. So, it's not about going all in, but rather making a calculated choice based on the bigger financial picture. It's like playing the game with a strategy that suits you, and that's a win in itself.

It's like keeping a guardrail on your gambling adventure, preventing any wild financial rides. I get what you mean about some folks by going all in without a thought – it's like they're trying to catch a wave without a surfboard. But hey, your method of setting a limit based on your weekly earnings is a wise strategy.

[molsewid]

I'd honestly agree to budget 2-5% and not more than that if you feel like a regular gambler like me and a few other users. In the case of this percentage, I'm just being private so I don't say that to the people closest to me for many reasons that make sense especially the paradigm in my place, gambling is an activity that is considered bad. For me personally as long as the money doesn't come from loans it doesn't matter because we also need entertainment and it happens that this type of entertainment is in casinos.

I once asked several friends and they also said the same thing and with reasonable reasons to limit losses every week.

Yes,  I agree. For me it is actually enough because I am not a regular gambler I only play when I  have time and when I need to clear something on my mind. In that case I can limit myself from gambling too much and I already have the discipline to myself in terms of managing my money in gambling. But well I think it depends on your capacity and income as well.

[dimonstration]

That means the amount we use must vary and depend on our income. If we are more concerned with daily needs, maybe we won't use the money for gambling or perhaps we only use a little money like you do so it won't interfere with our finances in a month. But if someone allocates a certain amount of money, that's also okay because maybe they have plans other than gambling. We must remember that our needs in life are different from other people.

Gambling budget shouldn’t be dependent on your income. It should based on the amount which you can afford to lose. If I have 500$ salary and using 2% percentage on gambling then it means that I should increase my gambling budget whenever I will have a salary increase?

I don’t consider much the percentage because I have fixed amount of budget dedicated to gambling regardless of my salary amount because that is the amount I’m comfortable to gamble.

[Juse14]

That means the amount we use must vary and depend on our income. If we are more concerned with daily needs, maybe we won't use the money for gambling or perhaps we only use a little money like you do so it won't interfere with our finances in a month. But if someone allocates a certain amount of money, that's also okay because maybe they have plans other than gambling. We must remember that our needs in life are different from other people.

Gambling budget shouldn’t be dependent on your income. It should based on the amount which you can afford to lose. If I have 500$ salary and using 2% percentage on gambling then it means that I should increase my gambling budget whenever I will have a salary increase?

I don’t consider much the percentage because I have fixed amount of budget dedicated to gambling regardless of my salary amount because that is the amount I’m comfortable to gamble.

It's good when you do gambling only using extra money after your needs are met, if indeed we can't afford to budget or allocate special money for gambling.

And what needs to be considered is the maximum limit of money you spend on gambling. Don't let the money you earn run out for gambling, even if you have confidence that you can manage your gambling activities, this still needs to be considered.
especially those who already have dependents should be more able to choose which things to prioritize, not just talking about the comfort of the number of bets that you have budgeted for.

[tjtonmoy]

I think this depends on your income. How much you are making in a week and is it enough for your budget? We should only gamble with what we can afford to lose. Thst'a the common knowledge. So keeping that in mind, if you can afford to lose 80% of your weekly income then that could become your limit. Or it could be less than 5% depending on income. So it varies from person to person no?

I am not into gambling anymore. But I can say that I can use 10-20% of my weekly income on gambling.

[maydna]

~snip~

Gambling budget shouldn’t be dependent on your income. It should based on the amount which you can afford to lose. If I have 500$ salary and using 2% percentage on gambling then it means that I should increase my gambling budget whenever I will have a salary increase?

I don’t consider much the percentage because I have fixed amount of budget dedicated to gambling regardless of my salary amount because that is the amount I’m comfortable to gamble.

If you can afford to lose the 2%, that's fine, but you should reduce the percentage if you can't. And maybe from your $ 500 salary, you can use under $ 50 for gambling capital. Thus, if you experience a total loss, it will not be too big because you can accept it.

So there is no certainty about the percentage for gambling because it depends on our financial condition. And we should stay within that percentage limit to still have money to meet our daily needs. And use that percentage during the week so you don't have to deposit more money to gamble.

[Wiwo]

~snip~

Gambling budget shouldn’t be dependent on your income. It should based on the amount which you can afford to lose. If I have 500$ salary and using 2% percentage on gambling then it means that I should increase my gambling budget whenever I will have a salary increase?

I don’t consider much the percentage because I have fixed amount of budget dedicated to gambling regardless of my salary amount because that is the amount I’m comfortable gambling.

If you can afford to lose the 2%, that's fine, but you should reduce the percentage if you can't. And maybe from your $ 500 salary, you can use under $ 50 for gambling capital. Thus, if you experience a total loss, it will not be too big because you can accept it.

So there is no certainty about the percentage for gambling because it depends on our financial condition. And we should stay within that percentage limit to still have money to meet our daily needs. And use that percentage during the week so you don't have to deposit more money to gamble.

To me using $50 out of $500 salary is too big and that is a higher than expected amount to be used if you receiving such an amount as your salary without any other such of income to cater for your gambling habit,  and if you ask me,  if you receiving such amount as income it is expected to set aside $10 or so for gambling because doing so,  even if you lose it won't impact on you too much and if you win that becomes a gain to your total amount at the end of the month.

One other thing people need to look at is in the number of times their choose to gamble with the month,  this is because gambling entails quite a lot of factors and not when the losses are recorded that you check what cost it, sometimes not having a limited gambling time can also lead to possible loses which will affect your overall experience.

[slapper]

~snip~

Gambling budget shouldn’t be dependent on your income. It should based on the amount which you can afford to lose. If I have 500$ salary and using 2% percentage on gambling then it means that I should increase my gambling budget whenever I will have a salary increase?

I don’t consider much the percentage because I have fixed amount of budget dedicated to gambling regardless of my salary amount because that is the amount I’m comfortable gambling.

If you can afford to lose the 2%, that's fine, but you should reduce the percentage if you can't. And maybe from your $ 500 salary, you can use under $ 50 for gambling capital. Thus, if you experience a total loss, it will not be too big because you can accept it.

So there is no certainty about the percentage for gambling because it depends on our financial condition. And we should stay within that percentage limit to still have money to meet our daily needs. And use that percentage during the week so you don't have to deposit more money to gamble.

To me using $50 out of $500 salary is too big and that is a higher than expected amount to be used if you receiving such an amount as your salary without any other such of income to cater for your gambling habit,  and if you ask me,  if you receiving such amount as income it is expected to set aside $10 or so for gambling because doing so,  even if you lose it won't impact on you too much and if you win that becomes a gain to your total amount at the end of the month.

One other thing people need to look at is in the number of times their choose to gamble with the month,  this is because gambling entails quite a lot of factors and not when the losses are recorded that you check what cost it, sometimes not having a limited gambling time can also lead to possible loses which will affect your overall experience.

That's, like, 10% of the whole income. Your suggestion to bring it down to, say, $10, may seem more reasonable given the way most individuals approach budgeting and financial planning. As with most things, moderation is the key.

Understanding how often people choose to gamble each month is a complex matter at now. You may argue that reducing the time frame will also reduce the amount of money lost. But, as you may be aware, timing isn't everything. Decisions about risk are sometimes determined by how they are taken. Sometimes, you know, maintaining equilibrium and exercising self-control could result in less loss, but it's all so complex, right?

[darkangel11]

It largely depends on your weekly income. If my income was over $600 a week, I could bet at least 30% of that and still live good. On the other hand, earning $200 a week wouldn't allow me to gamble at all. I'd be only able to buy food and pay my bills, that's it.
At this time I only spend 2% or less because I don't really get weekly income but monthly, so maybe 5% a month? The only weekly thing I get paid is my signature campaign, but that pays less than $300 a month. Nowadays I only make 1 bet a month because I'm saving up my bitcoins before the halving. I don't want to lose anything before the next cycle hits.

[Aikidoka]

If you were to ask me what percentage of my weekly income I can use for gambling, it's probably less than 5%. I don't usually place bets with a lot of money but I enjoy betting with just a few bucks on multiple events simultaneously, which it'll could make me win a huge amount with just a small bet if luck is on my side. I understand that winning is difficult, but I find great enjoyment in watching the games I've bet on hoping that it might just be my lucky day!

[Gozie51]

I am not into gambling anymore. But I can say that I can use 10-20% of my weekly income on gambling.

Based on your income in a week, if you are using this amount mentioned to gamble I think it is on the high except if you are making appropriate profit from it to cover your losses because most gamblers make more losses than profit and to lose 20% weekly from your earnings is surely high. A gambler who wins often wins has no issue with how much invested in gambling but a perpetual loser has to watch on how much wasted in betting. There are people who have stopped gambling because of frequent losses. Yes, if it is not working for you it is better to quit like you said you did.

[wxa7115]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I picked less than 2%, with 1% being closer to what I would pick, and the reason for this is very simple, if you were to dedicate even more money than that and you gambled that money away each week then you will realize that if you had invested that money instead you could have bought an expensive asset with all of that money.

So this will create a sense of remorse that will be difficult to overcome, as such I think there is nothing wrong with gambling but you need to do it with amounts of money that are very small so you can avoid having those feelings.

[Strongkored]

I think this depends on your income. How much you are making in a week and is it enough for your budget? We should only gamble with what we can afford to lose. Thst'a the common knowledge. So keeping that in mind, if you can afford to lose 80% of your weekly income then that could become your limit. Or it could be less than 5% depending on income. So it varies from person to person no?

I am not into gambling anymore. But I can say that I can use 10-20% of my weekly income on gambling.

10-20% of our income is used for gambling which is big enough because I've read that everyone should be able to set aside at least 20% of their income for savings that can be used as an emergency fund or to invest.
With the percentage that you budget, especially when your income is very large, you will become a gambler who is quite active in playing, you can indeed adjust to the minimum bet in each game, but you will still probably spend a long time betting, especially when you play slot games.
I understand that every gambler has their own budget, they also might not use a percentage but exact figures like $100 and so on to be used for gambling, but we shouldn't spend big amounts just for gambling because when we can wisely use the money then, in fact, our gambling will take place more consistently than directly with big funds running out and stopping long enough, but it's true that everyone has a different way.

[maydna]

~snip~

To me using $50 out of $500 salary is too big and that is a higher than expected amount to be used if you receiving such an amount as your salary without any other such of income to cater for your gambling habit,  and if you ask me,  if you receiving such amount as income it is expected to set aside $10 or so for gambling because doing so,  even if you lose it won't impact on you too much and if you win that becomes a gain to your total amount at the end of the month.

One other thing people need to look at is in the number of times their choose to gamble with the month,  this is because gambling entails quite a lot of factors and not when the losses are recorded that you check what cost it, sometimes not having a limited gambling time can also lead to possible loses which will affect your overall experience.

It's also too big for me, and I usually use capital between $ 20-$ 30, and I don't use all of it immediately for gambling. I should use my salary money for other things I have prepared every month instead of gambling because I also feel that I'm not too lucky in gambling games. By setting up money for gambling, I don't think it will make me go over the limit I have set because the amount of money is enough for me to use for gambling.

Apart from that, I also don't gamble too often, so until the end of the month, I often still have some money in my gambling account so that I don't need to deposit another amount of money for the next month. I try not to be extravagant in using money to gamble because it is more concerned with the needs of my life, which may still be irregular. And I also still try to save money as savings and prepare some money for sudden needs.

[jostorres]

As I'm reading through so many of these responses, I can't help but wonder how many of you are actually investing the right percentages of your weekly pay to necessities such as your retirement plan and healthcare, and which of you are using money that would go to those important things are going to your gambling habits. 

I don't have a % set of any sort. I bet when I want to make bets. If I had a percentage I'd be an out of control gamblers, which thankfully I've never been.

I don't really think that's how it works. Someone becomes an irresponsible gambler if they don't have a set percentage of how much money they should spend on gambling if they do it on a regular basis, because when you don't have a limit, you won't stop when you lose what you've deposited first and you will simply go ahead and deposit more and gamble that away as well. But, if you have a set budget for your gambling activities, you might follow that and stay disciplined.

I know that someone who can't control the urge to gamble will not stop even if they have a set percentage, but if they don't have access to more money that the allocated budget, they won't have any option to spend more money and they might stop gambling for that period until they get paid again.

[SeriouslyGiveaway]

What percentage of weekly income do you think is right for gambling?

I don't allocate a certain percentage of my weekly money for gambling, but I always use my savings for it. If I believe a bet aligns with my strategy, I will wager 15-20%. However, if I'm not so sure (about 50/50 odds), I only bet 1-5% for fun. For me, gambling is just like a game that helps me entertain, not for earning money. Consequently, my psyche remains comfortable.

We spend lots of money on other stupid stuff for fun too so it is fine to spend some money on gambling as long as you are having fun not greedy and 2% sounds just like the right amount. Life is all about balancing stuff. We need to balance fun and work so we won't go crazy.

I agree with you on that point. If we approach gambling with the purpose of entertainment and don't put pressure on ourselves to make money, it can be an enjoyable way to relieve stress and may even help us improve certain skills, such as analysis and gaining more knowledge about the field in which we gamble, whether it's casino games, sports betting, crypto trading, or forex.

[tjtonmoy]

~Snip

I am not into gambling anymore. But with the weekly income that i have now, I can use 10-20% from my side. This may fluctuate based on situation but keeping my savings aside, I am left with 10-20% every week. And those are the money i use for my own entertainment purposes. That's the amount i can afford to lose. In that sense, I said if I were to gamble, I can easily use that percentage of my weekly income for gambling.
You are correct about the fact that more gambling will lead to more spending. It will have a bad effect on the long run. So that's a thing of concern. But I don't think less income will be any better if you are already a gambling addict. Less income will cause more damage if you are addicted and in meed of more money to gamble. Budget does not matter as long as you have control over your gambling habit.

[swogerino]

~Snip

I am not into gambling anymore. But with the weekly income that i have now, I can use 10-20% from my side. This may fluctuate based on situation but keeping my savings aside, I am left with 10-20% every week. And those are the money i use for my own entertainment purposes. That's the amount i can afford to lose. In that sense, I said if I were to gamble, I can easily use that percentage of my weekly income for gambling.
You are correct about the fact that more gambling will lead to more spending. It will have a bad effect on the long run. So that's a thing of concern. But I don't think less income will be any better if you are already a gambling addict. Less income will cause more damage if you are addicted and in meed of more money to gamble. Budget does not matter as long as you have control over your gambling habit.

I agree,when you have self control and great discipline the budget does not count a lot,you can make a little budget go a long way when you are used to gamble with certain patterns and you don't over do it.Most people,including me play well over 10% of their budget in gambling but when you have set a fixed amount you can use it like you don't have it and as such you can try different games in gambling,if you win great for you and if you lose you already counted this money as a lost amount so in both scenarios there is nothing to worry.

[coolcoinz]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I picked less than 2%, with 1% being closer to what I would pick, and the reason for this is very simple, if you were to dedicate even more money than that and you gambled that money away each week then you will realize that if you had invested that money instead you could have bought an expensive asset with all of that money.

So this will create a sense of remorse that will be difficult to overcome, as such I think there is nothing wrong with gambling but you need to do it with amounts of money that are very small so you can avoid having those feelings.

I did the same as I don't have a specific amount that I spend weekly so it's impossible to estimate. If one month I spend 5% of my income, but for the next 2 months I don't spend anything, the average is going to be something around 2% anyway.

I'm sure some of you have a weekly spending routine, but I gamble when I feel like it. It's not a part of my way of life, like getting more bitcoin or working. I do all my chores, pay my bills, and if there's something left and there's an interesting event coming up - I gamble.

[wxa7115]

I picked less than 2%, with 1% being closer to what I would pick, and the reason for this is very simple, if you were to dedicate even more money than that and you gambled that money away each week then you will realize that if you had invested that money instead you could have bought an expensive asset with all of that money.

So this will create a sense of remorse that will be difficult to overcome, as such I think there is nothing wrong with gambling but you need to do it with amounts of money that are very small so you can avoid having those feelings.

I did the same as I don't have a specific amount that I spend weekly so it's impossible to estimate. If one month I spend 5% of my income, but for the next 2 months I don't spend anything, the average is going to be something around 2% anyway.

I'm sure some of you have a weekly spending routine, but I gamble when I feel like it. It's not a part of my way of life, like getting more bitcoin or working. I do all my chores, pay my bills, and if there's something left and there's an interesting event coming up - I gamble.

And you are taking the right decision, on average people do not realize the strength of their habits, maybe drinking a soda today has almost no effect on your health, but do this for 40 years in a row and then suddenly this will have an effect on your sugar levels on blood and your teeth, and the same is true when it comes to the usage we give to our money.

Gambling is OK as we all need some entertainment from time to time, but using a great deal of our money in this activity is without a doubt a mistake, as we have many other needs and goals that we may like to accomplish as well.

[Latviand]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

If you were to ask me what percentage of my weekly income I can use for gambling, it's probably less than 5%. I don't usually place bets with a lot of money but I enjoy betting with just a few bucks on multiple events simultaneously, which it'll could make me win a huge amount with just a small bet if luck is on my side. I understand that winning is difficult, but I find great enjoyment in watching the games I've bet on hoping that it might just be my lucky day!

I mean that's what betting does, you root more sincerely for the team that you've put your money in and it makes it that your screaming and feeling bad about the team or the fouls committed or the bad calls by the referees more justified although to some degree.

[arwin100]

I picked less than 2%, with 1% being closer to what I would pick, and the reason for this is very simple, if you were to dedicate even more money than that and you gambled that money away each week then you will realize that if you had invested that money instead you could have bought an expensive asset with all of that money.

So this will create a sense of remorse that will be difficult to overcome, as such I think there is nothing wrong with gambling but you need to do it with amounts of money that are very small so you can avoid having those feelings.

I did the same as I don't have a specific amount that I spend weekly so it's impossible to estimate. If one month I spend 5% of my income, but for the next 2 months I don't spend anything, the average is going to be something around 2% anyway.

I'm sure some of you have a weekly spending routine, but I gamble when I feel like it. It's not a part of my way of life, like getting more bitcoin or working. I do all my chores, pay my bills, and if there's something left and there's an interesting event coming up - I gamble.

Gambling is OK as we all need some entertainment from time to time, but using a great deal of our money in this activity is without a doubt a mistake, as we have many other needs and goals that we may like to accomplish as well.

We just need to check ourselves if we are still doing good and not exceed to the limit we set since if we always surpass to the budget allocated on gambling then we can determine that we are not fine. If we know that we didn't reach the limit and enjoyed the games then for this we can say that we are in healthy state.

Gambling is really fine its just there are people abuse theirselves then end up they can't control anything and mess up everything in their lives.

[Westinhome]

We just need to check ourselves if we are still doing good and not exceed to the limit we set since if we always surpass to the budget allocated on gambling then we can determine that we are not fine. If we know that we didn't reach the limit and enjoyed the games then for this we can say that we are in healthy state.

Gambling is really fine its just there are people abuse theirselves then end up they can't control anything and mess up everything in their lives.

We should check the two week payment using the last two weeks or three weeks.When the two weeks attain the equal or near value,then it will be your weekly income from the gambling.Then try to increase the same with your efforts.You should increase the average value to 30% about that two week constant value.Some people doesn't attain the value as I had mentioned,but they are most satisfied with the entertainment from the game.So they are most healthy gambler as compared to the more money earning person.Because money earning is simple one but satisfy from the gambling is not the easy one.Only few gambler look the gambling as the entertainment giving game and other think gambling as money making machine.

[bangjoe]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

But tracking expenses for gambling is very important, don't get used to being biased by the money you are ready to eliminate but you don't know the calculation of the accumulation that you are ready to disappear per week, sometimes in gambling you feel calm because you get a bonus from your work then you enter it into gambling every week on the grounds you are ready to lose it, but if you are traced to more than 40% of your income a month, it will damage your finances of your friends, even though you basically feel free and calm because you do not know the amount of accumulation of money you input into gambling, But in my opinion it is still wrong action.
Do not let your pleasure blind what you should limit.

[maydna]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

You can try to make a budget for gambling. It is useful to know how much you used to gamble on that day. But don't immediately spend all the budget money instead, try to divide it up for a few days, say a week. Usually, that's what I do for each week, and for example for a week, I make a budget of $25. The amount of money must be enough for a week, and you may not deposit another amount of money if you lose gambling. So with that money, you can gamble for a few days and not bother with the rest of your finances.

[AmoreJaz]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

But tracking expenses for gambling is very important, don't get used to being biased by the money you are ready to eliminate but you don't know the calculation of the accumulation that you are ready to disappear per week, sometimes in gambling you feel calm because you get a bonus from your work then you enter it into gambling every week on the grounds you are ready to lose it, but if you are traced to more than 40% of your income a month, it will damage your finances of your friends, even though you basically feel free and calm because you do not know the amount of accumulation of money you input into gambling, But in my opinion it is still wrong action.
Do not let your pleasure blind what you should limit.

some people don't have the patience to track the funds they used for gambling because they don't want to face the reality.   let's check the fact that a lot of us usually are on the losing side rather than on the winning side. but if you know the approximate amount you want to spend, there's no problem. but if you go beyond such amount and you actually don't have extra, that's when you will have trouble.

[Vaskiy]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

You can try to make a budget for gambling. It is useful to know how much you used to gamble on that day. But don't immediately spend all the budget money instead, try to divide it up for a few days, say a week. Usually, that's what I do for each week, and for example for a week, I make a budget of $25. The amount of money must be enough for a week, and you may not deposit another amount of money if you lose gambling. So with that money, you can gamble for a few days and not bother with the rest of your finances.

Allocation of budget for gambling is a better way to spend. Even the allocated fund shouldn't be used on the same day. Most of the people will spend due to lack of control. Just the divide and spend is good, when the days amount is lost one should stop gambling for the day. The next day the mind shouldn't be on recovering the previous day's loss, but just the wager need to be done with the days allocation. This will surely be a healthy way of gambling than losing everything in few rolls.

[tusandii]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

But tracking expenses for gambling is very important, don't get used to being biased by the money you are ready to eliminate but you don't know the calculation of the accumulation that you are ready to disappear per week, sometimes in gambling you feel calm because you get a bonus from your work then you enter it into gambling every week on the grounds you are ready to lose it, but if you are traced to more than 40% of your income a month, it will damage your finances of your friends, even though you basically feel free and calm because you do not know the amount of accumulation of money you input into gambling, But in my opinion it is still wrong action.
Do not let your pleasure blind what you should limit.

some people don't have the patience to track the funds they used for gambling because they don't want to face the reality.   let's check the fact that a lot of us usually are on the losing side rather than on the winning side. but if you know the approximate amount you want to spend, there's no problem. but if you go beyond such amount and you actually don't have extra, that's when you will have trouble.

Now that's absolutely true because not of the many gamblers who can track the funds they use because indeed gambling gives pleasure and satisfaction so that gamblers can forget what was spent while on the gambling site.
What's more, tracking or calculating losses will be even more difficult to do I think those who can calculate losses will definitely regret it because they see how much they have lost, while the wins they get are not worth the losses.
But it would be better to be able to calculate it so that every gambler can have a limit to the total amount of money they have.

[bangjoe]

But tracking expenses for gambling is very important, don't get used to being biased by the money you are ready to eliminate but you don't know the calculation of the accumulation that you are ready to disappear per week, sometimes in gambling you feel calm because you get a bonus from your work then you enter it into gambling every week on the grounds you are ready to lose it, but if you are traced to more than 40% of your income a month, it will damage your finances of your friends, even though you basically feel free and calm because you do not know the amount of accumulation of money you input into gambling, But in my opinion it is still wrong action.
Do not let your pleasure blind what you should limit.

some people don't have the patience to track the funds they used for gambling because they don't want to face the reality.   let's check the fact that a lot of us usually are on the losing side rather than on the winning side. but if you know the approximate amount you want to spend, there's no problem. but if you go beyond such amount and you actually don't have extra, that's when you will have trouble.

Now that's absolutely true because not of the many gamblers who can track the funds they use because indeed gambling gives pleasure and satisfaction so that gamblers can forget what was spent while on the gambling site.
What's more, tracking or calculating losses will be even more difficult to do I think those who can calculate losses will definitely regret it because they see how much they have lost, while the wins they get are not worth the losses.
But it would be better to be able to calculate it so that every gambler can have a limit to the total amount of money they have.

That only applies to him who is too ambitious to win the game, fun is an excuse that is irrelevant to this case, no matter how much money he spends, I think behind the word fun that is said is ambition to win and not feeling satisfied with what he has If you get it, it is very impossible for someone to gamble because they are happy with the game or the stakes, more precisely he is waiting for a bigger multiplier for bigger profits and in my opinion that is what eliminates his awareness that makes him unable to control his finances.

[lienfaye]

I'm being honest here when I say that I don't track my expenses when I'm gambling, whenever I gamble I just get the money that I want to spend and when that money is gone because it's a loss for me and a bad day for me then my gambling is done for that day. I know that it's kind of stupid of me not to track how much I spend in gambling but I think that I'm happier that I don't know how much I lose over time, less regrets on why I gamble and I have more fun at the end of the day.

You can try to make a budget for gambling. It is useful to know how much you used to gamble on that day. But don't immediately spend all the budget money instead, try to divide it up for a few days, say a week. Usually, that's what I do for each week, and for example for a week, I make a budget of $25. The amount of money must be enough for a week, and you may not deposit another amount of money if you lose gambling. So with that money, you can gamble for a few days and not bother with the rest of your finances.

That's a good way of spending your budget for gambling. If you can last your funds for the whole week, it just shows you have discipline to not go beyond of what you only set for gambling.

Well, I have the same strategy but the difference is, If I use my set budget to play I can't divide it for the next day to still have funds if I still want to gamble. I tend to use it all in just one sitting. The reason why I only gamble once a week. Anyway, regardless of the percentage we allocate for gambling, as long as that's the amount that we can afford to lose then there's no issue.

[crwth]

I think the poll could be better, bracketed, and not "less than 30%". It needs to be more specific. 5% is still less than 30% so we are still determining if the members here are sarcastic or just playing with it. You should change it to 5-10% of income or something like that. It's better and more precise when those are the choices.

I can never think of using 30% unless that's your disposable amount, and that's your choice. I hope people who regularly do this can manage their money wisely.

[maydna]

~snip~

Allocation of budget for gambling is a better way to spend. Even the allocated fund shouldn't be used on the same day. Most of the people will spend due to lack of control. Just the divide and spend is good, when the days amount is lost one should stop gambling for the day. The next day the mind shouldn't be on recovering the previous day's loss, but just the wager need to be done with the days allocation. This will surely be a healthy way of gambling than losing everything in few rolls.

That's why we make a budget for gambling so we don't use the budget for other things in our family. If we have good self-control, of course having a budget for gambling really helps us enjoy gambling, and we also have to follow the limits that we set. We shouldn't spend that budget for one day because we already have a schedule for when we can gamble. Perhaps we can make a limit on the money we use for gambling in one day and can't use the money more. If we lose that day, we must leave immediately and may not take the remaining budget because that is the budget for the next day.

~snip~

That's a good way of spending your budget for gambling. If you can last your funds for the whole week, it just shows you have discipline to not go beyond of what you only set for gambling.

Well, I have the same strategy but the difference is, If I use my set budget to play I can't divide it for the next day to still have funds if I still want to gamble. I tend to use it all in just one sitting. The reason why I only gamble once a week. Anyway, regardless of the percentage we allocate for gambling, as long as that's the amount that we can afford to lose then there's no issue.

I really want to have a budget of funds that I haven't used for a week because that means I don't have to deposit another amount of budget funds for the next week and can immediately use the existing budget. But unfortunately, I can't do it yet because there must be temptations that make me use the budget to gamble.

But I do have limits on gambling, and for now, I'm not betting as much because I really want to reduce my gambling. And indeed, the percentage of the budget we use for gambling will certainly vary from person to person. That's because we also allocate different budget amounts for gambling.

[dezoel]

I think the poll could be better, bracketed, and not "less than 30%". It needs to be more specific. 5% is still less than 30% so we are still determining if the members here are sarcastic or just playing with it. You should change it to 5-10% of income or something like that. It's better and more precise when those are the choices.

I can never think of using 30% unless that's your disposable amount, and that's your choice. I hope people who regularly do this can manage their money wisely.

I don't believe that a sensible and responsible person who has a job and earns a living will spend 30% of their income only on gambling because that would definitely not fit in their budget if they have a family and has to provide for them unless it is someone who is single, lives alone, don't have many expenses and earns a lot of money, that is when one might be able to spend 30% of their total income into gambling without having any effects on their personal life.

An addicted gambler might do that since they wouldn't think of other stuff much and gambling comes first for them, but an addicted gambler would never be so much responsible to have a job an earn a proper income, and those who earn a living already would barely get addicted to gambling.

[slapper]

I think the poll could be better, bracketed, and not "less than 30%". It needs to be more specific. 5% is still less than 30% so we are still determining if the members here are sarcastic or just playing with it. You should change it to 5-10% of income or something like that. It's better and more precise when those are the choices.

I can never think of using 30% unless that's your disposable amount, and that's your choice. I hope people who regularly do this can manage their money wisely.

I don't believe that a sensible and responsible person who has a job and earns a living will spend 30% of their income only on gambling because that would definitely not fit in their budget if they have a family and has to provide for them unless it is someone who is single, lives alone, don't have many expenses and earns a lot of money, that is when one might be able to spend 30% of their total income into gambling without having any effects on their personal life.

An addicted gambler might do that since they wouldn't think of other stuff much and gambling comes first for them, but an addicted gambler would never be so much responsible to have a job an earn a proper income, and those who earn a living already would barely get addicted to gambling.

I've seen countless responsible people, great earners, who enjoy a game of chance. You make it sound like spending on gambling is equivalent to throwing money into a fire. Sure, 30% might seem like a high number, but who are you to decide what's sensible for someone else? Not every individual has the same financial obligations or priorities

You draw this line between addicted gamblers and responsible earners, but that's just black and white thinking. You'd be surprised how many high-functioning individuals enjoy a gamble and still fulfill their responsibilities. Your attempt to fit everyone into these neat little boxes is incredibly shortsighted. Life is more complex than your simplistic categories

[DaNNy001]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

[piebeyb]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

That's good, if you are not a category that does not have a percentage of your income in gambling, you deserve to be said to be a real gambler, that should be the right step if you want to be called a true gambler, real gamblers usually know that gambling is just looking for fun and happiness nothing more not to seek wealth let alone make a source of income, obviously that thought is very wrong because with such a mindset it is certain that he will become an addict not a gambler.

Gamblers usually know the limits of when they have to gamble and when they have to stop gambling, as long as the mindset is right and does not target the percentage of income in gambling that is played, I also do the same thing, never calculate and present my income in gambling, play and enjoy the game is what a gambler is supposed to do. 

[rachael9385]

Well the percentage in which I used in gambling is a 2% of my savings and moreover I don't gamble all the time because I am just a new commer in the gambling community so I don't really know a sure game to place a bet on, but with time when I am more familiar with the odds and teams I will increase to 5⅝ because by then I have known some specific sure odds, this is the best way to handle betting so a gambler will not wager more than expected on gambling. Sometimes staking more than the percentage of stake in a bet helps when you won, this makes the whole story interesting to forget those day while one was losing money in bets. 

[Webetcoins]

I've seen countless responsible people, great earners, who enjoy a game of chance. You make it sound like spending on gambling is equivalent to throwing money into a fire. Sure, 30% might seem like a high number, but who are you to decide what's sensible for someone else? Not every individual has the same financial obligations or priorities

You draw this line between addicted gamblers and responsible earners, but that's just black and white thinking. You'd be surprised how many high-functioning individuals enjoy a gamble and still fulfill their responsibilities. Your attempt to fit everyone into these neat little boxes is incredibly shortsighted. Life is more complex than your simplistic categories

No matter what someone says they gamble for, whether it's for fun or it's to earn more money with the money being spent, the actual reality of gambling is that you are basically burning the money away, whether you are having fun or just getting frustrated by the losses since we all know the eventual outcome of gambling is to lose to the house unless we are extremely lucky and get out of the casino with both our pockets filled with money.

Also, no matter how much of a high earner one is and whether they fulfill their responsibilities or not, 30% is still a very high number to be spent from your total income only on gambling when you can use that money for something more productive and only use a small part of it for gambling if you are doing it just for fun. What's the fun in wasting $600 a week into gambling even if you are earning $2k? You might not have a lot of financial obligations or priorities but you can still use a part of that money into something more productive.

[Slow death]

I think the poll could be better, bracketed, and not "less than 30%". It needs to be more specific. 5% is still less than 30% so we are still determining if the members here are sarcastic or just playing with it. You should change it to 5-10% of income or something like that. It's better and more precise when those are the choices.

I can never think of using 30% unless that's your disposable amount, and that's your choice. I hope people who regularly do this can manage their money wisely.

I don't believe that a sensible and responsible person who has a job and earns a living will spend 30% of their income only on gambling because that would definitely not fit in their budget if they have a family and has to provide for them unless it is someone who is single, lives alone, don't have many expenses and earns a lot of money, that is when one might be able to spend 30% of their total income into gambling without having any effects on their personal life.

An addicted gambler might do that since they wouldn't think of other stuff much and gambling comes first for them, but an addicted gambler would never be so much responsible to have a job an earn a proper income, and those who earn a living already would barely get addicted to gambling.

I've seen countless responsible people, great earners, who enjoy a game of chance. You make it sound like spending on gambling is equivalent to throwing money into a fire. Sure, 30% might seem like a high number, but who are you to decide what's sensible for someone else? Not every individual has the same financial obligations or priorities

You draw this line between addicted gamblers and responsible earners, but that's just black and white thinking. You'd be surprised how many high-functioning individuals enjoy a gamble and still fulfill their responsibilities. Your attempt to fit everyone into these neat little boxes is incredibly shortsighted. Life is more complex than your simplistic categories

what @dezoel is saying is that for a person who only has a single form of income per month which is his salary still has to pay bills like water, electricity, food, children's school that person cannot afford to take 30% of your salary to play in a casino, and this is not just about the casino, a responsible person who lives only on a monthly salary and has bills to pay will not take 30% of his salary to consume alcoholic beverages, having fun out there and then harming the whole family. the most that people who have a single source of monthly income and have a family can do is to take less than 5% of their salary for fun and in that part of fun it would be including gambling and other things like going somewhere

now the scenario changes when it comes to rich people and who have a lot of business, for these rich people they can afford to play every day because for these people the money they lose in a section of a casino, the next day these people they will earn more money from their many trades and recover lost money. for example let's imagine that a rich man has in one of his many bank accounts $2,900,000 so he takes $500,000 and plays in a casino all day and loses all the money. the next day in one of the many trades he makes a profit of 1,000,000$ and puts it in his account that had 2,900,000$ and with that his account will have 3,400,000$

see that even though he lost $500,000 in a casino in just one day, he recovered the next day. so when people ask things like what percentage someone should allocate to play, it becomes a very difficult question to answer because there are many differences in income between people, and also because we all know that in games there is no guaranteed profit, so put money that is can afford to lose

[Casdinyard]

Good for you if you can live with that kind of setup, but in my honest opinion I'd never go as far as 2% when it comes to filling my bankroll especially if it's on a weekly basis. Suppose your regular weekly salary's around 200 bucks, if you go so far as to put up 5% of your weekly profits just so you can fund your gambling behavior you'd be surprised to find out how much it eats up at your expenses. In my opinion you shouldn't even gamble weekly, only on occasions when you feel like it. You can't just say that you're "gambling for entertainment only" cause if you were, you wouldn't even allocate a part of your pay just so you can fund your gambling habits.

But let's throw that off to the window and talk about the crux of the matter. For me, you could probably get by with just at least 2% of your monthly salary if you're really a dedicated gambler. If you're afraid your bankroll's gonna be so low then I have bad news for you buddy, you're probably addicted.

I'd like to add upon this previous comment of mine to say that this only ever applies if you want to follow a strict budgeting scheme so you can have some money allocated for gambling, in which case I'd say what the hell and you might wanna get checked cause it's one thing to use spare money to gamble, it's another to literally create a budget with gambling involved. That's borderline Gambling addiction symptoms right there. Anywho, don't gamble belligerently, whether on a budget or a spur of the moment, just make sure you don't go beyond your means and take breathers every now and again especially during games where you tanked massive losses. Recuperating is a really important thing in the gambling world.

[Lanatsa]

Good for you if you can live with that kind of setup, but in my honest opinion I'd never go as far as 2% when it comes to filling my bankroll especially if it's on a weekly basis. Suppose your regular weekly salary's around 200 bucks, if you go so far as to put up 5% of your weekly profits just so you can fund your gambling behavior you'd be surprised to find out how much it eats up at your expenses. In my opinion you shouldn't even gamble weekly, only on occasions when you feel like it. You can't just say that you're "gambling for entertainment only" cause if you were, you wouldn't even allocate a part of your pay just so you can fund your gambling habits.

But let's throw that off to the window and talk about the crux of the matter. For me, you could probably get by with just at least 2% of your monthly salary if you're really a dedicated gambler. If you're afraid your bankroll's gonna be so low then I have bad news for you buddy, you're probably addicted.

I'd like to add upon this previous comment of mine to say that this only ever applies if you want to follow a strict budgeting scheme so you can have some money allocated for gambling, in which case I'd say what the hell and you might wanna get checked cause it's one thing to use spare money to gamble, it's another to literally create a budget with gambling involved. That's borderline Gambling addiction symptoms right there. Anywho, don't gamble belligerently, whether on a budget or a spur of the moment, just make sure you don't go beyond your means and take breathers every now and again especially during games where you tanked massive losses. Recuperating is a really important thing in the gambling world.

Having a budget isnt really that bad but allocating or put up some budget on leisure time is not something worth i would say and its better that those money would be put up on something more useful.Well, each

person does have their own interest and if they do find out that gambling makes them happy and able to enjoy then its their right on what they should gonna do on the money that they are earning.
We are just talking about practicality on here knowing that earning money isnt really that easy and does require hard work.I cant really just believe that there would be those people who are really that
who do really love on spending up money just to enjoy something. 5% on your weekly income? I would say its not much but you should be wary on how much you would be spending overall.

Always be mindful on how much you do spend and you wont really be finding yourself on having that gambling addiction problem on which this is commonly where gamblers do really suffer from.
Always be that responsible and be wary about your actions so that you would be able to avoid some headache afterwards.

[LUCKMCFLY]

Good for you if you can live with that kind of setup, but in my honest opinion I'd never go as far as 2% when it comes to filling my bankroll especially if it's on a weekly basis. Suppose your regular weekly salary's around 200 bucks, if you go so far as to put up 5% of your weekly profits just so you can fund your gambling behavior you'd be surprised to find out how much it eats up at your expenses. In my opinion you shouldn't even gamble weekly, only on occasions when you feel like it. You can't just say that you're "gambling for entertainment only" cause if you were, you wouldn't even allocate a part of your pay just so you can fund your gambling habits.

But let's throw that off to the window and talk about the crux of the matter. For me, you could probably get by with just at least 2% of your monthly salary if you're really a dedicated gambler. If you're afraid your bankroll's gonna be so low then I have bad news for you buddy, you're probably addicted.

I'd like to add upon this previous comment of mine to say that this only ever applies if you want to follow a strict budgeting scheme so you can have some money allocated for gambling, in which case I'd say what the hell and you might wanna get checked cause it's one thing to use spare money to gamble, it's another to literally create a budget with gambling involved. That's borderline Gambling addiction symptoms right there. Anywho, don't gamble belligerently, whether on a budget or a spur of the moment, just make sure you don't go beyond your means and take breathers every now and again especially during games where you tanked massive losses. Recuperating is a really important thing in the gambling world.

Having a budget isnt really that bad but allocating or put up some budget on leisure time is not something worth i would say and its better that those money would be put up on something more useful.Well, each

person does have their own interest and if they do find out that gambling makes them happy and able to enjoy then its their right on what they should gonna do on the money that they are earning.
We are just talking about practicality on here knowing that earning money isnt really that easy and does require hard work.I cant really just believe that there would be those people who are really that
who do really love on spending up money just to enjoy something. 5% on your weekly income? I would say its not much but you should be wary on how much you would be spending overall.

Always be mindful on how much you do spend and you wont really be finding yourself on having that gambling addiction problem on which this is commonly where gamblers do really suffer from.
Always be that responsible and be wary about your actions so that you would be able to avoid some headache afterwards.

You are right, in fact the people who are most careful with their finances are very successful , and if they are people who like to save and Invest , they will see the game as a liability, because in the end if there is not enough patience, they will becomes that, it is an output due to the functionality of fun, which is necessary for us as human beings , but which in general terms represents an output, it can hardly become a constant income, because obviously we all know what it means to play in a casino, and betting, knowing that the house stage is a unique factor that is Always present , in this sense of things it could be Said that going in the right direction only towards a good order allows things to take things more calmly.

If we talk in terms of percentage , it is difficult to Establish a particular one, because each person has their income differently, therefore it could be concluded that for some it is easier to allocate a percentage reaching 10%, others less, this according to the situation of each person and how are their obligations.

It is obvious to all of us that we Would like to have a large income so that we can only play in a casino properly, but for other things that represent fun, very few people in the world earn money, or have a lot of money, sometimes they have so much money that they do not know in what way to spend it, but they are not capable of allocating something to give to those who need it the most, or at least to the poorest people in the world, then these are things that are sometimes not understood, a charity does not fall bad to anyone, but I know people who have a lot of money, and when it's their turn or want to give away they are very stingy, that's a mystery that I don't know how it could be Solved or the Explanation.

So, in my case, I give a Percentage, sometimes it varies, I would like to give 1% but it is little, it is not enough , sometimes it is good to spend between 2-3% , more than 5%, in fact 5% is too much, because it is useful for others things, but I think most of them go that way.

[michellee]

Well the percentage in which I used in gambling is a 2% of my savings and moreover I don't gamble all the time because I am just a new commer in the gambling community so I don't really know a sure game to place a bet on, but with time when I am more familiar with the odds and teams I will increase to 5⅝ because by then I have known some specific sure odds, this is the best way to handle betting so a gambler will not wager more than expected on gambling. Sometimes staking more than the percentage of stake in a bet helps when you won, this makes the whole story interesting to forget those day while one was losing money in bets. 

Using 2% of your savings can be your choice to play gambling and that's not only because you are a newcomer but you really have to be able to have limits for gambling so you won't lose a lot of money playing gambling. And try to increase the percentage of money to 5%, which means you also increase the risk of losing it.

It is better for you to start learning to make clear boundaries in gambling to control yourself while playing gambling and not lose much money if you do lose. Many people are tempted to continue playing gambling because they see that some people can get big wins from gambling.

But you can't be like them because you need luck to win. So if you already have clear limits, you must continue to follow these limits and stop immediately before the limit is reached so you can still have money in your balance.

[wxa7115]

I've seen countless responsible people, great earners, who enjoy a game of chance. You make it sound like spending on gambling is equivalent to throwing money into a fire. Sure, 30% might seem like a high number, but who are you to decide what's sensible for someone else? Not every individual has the same financial obligations or priorities

You draw this line between addicted gamblers and responsible earners, but that's just black and white thinking. You'd be surprised how many high-functioning individuals enjoy a gamble and still fulfill their responsibilities. Your attempt to fit everyone into these neat little boxes is incredibly shortsighted. Life is more complex than your simplistic categories

No matter what someone says they gamble for, whether it's for fun or it's to earn more money with the money being spent, the actual reality of gambling is that you are basically burning the money away, whether you are having fun or just getting frustrated by the losses since we all know the eventual outcome of gambling is to lose to the house unless we are extremely lucky and get out of the casino with both our pockets filled with money.

Also, no matter how much of a high earner one is and whether they fulfill their responsibilities or not, 30% is still a very high number to be spent from your total income only on gambling when you can use that money for something more productive and only use a small part of it for gambling if you are doing it just for fun. What's the fun in wasting $600 a week into gambling even if you are earning $2k? You might not have a lot of financial obligations or priorities but you can still use a part of that money into something more productive.

At the end people should be able to spend their money as they want, do I think that spending 30% of our income on anything other than investing or your mortgage is too much? Yes, but we cannot force people to follow what we think is right and they should be able to decide on their own, even if that choice is wrong.

As sooner or later those people will realize that if they had used that amount of money to other activities and goals they would have obtained a better return on their investment.

[tusandii]

Well the percentage in which I used in gambling is a 2% of my savings and moreover I don't gamble all the time because I am just a new commer in the gambling community so I don't really know a sure game to place a bet on, but with time when I am more familiar with the odds and teams I will increase to 5⅝ because by then I have known some specific sure odds, this is the best way to handle betting so a gambler will not wager more than expected on gambling. Sometimes staking more than the percentage of stake in a bet helps when you won, this makes the whole story interesting to forget those day while one was losing money in bets. 

If you do that, won't it have a very bad long-term impact on your savings because you also need living expenses and so on, so you can only save a portion of your income and over time your savings will run out without.
It's better to change by using money earned from working or doing business, not saving, for example you use 2% to 5% of the money you earn for gambling and 45% for savings, then the remaining 50% of the money is used to meet your life needs within one month and calculating income must be rounded up once a month to make it easier for you to manage the finances you have.

I use this method and it's proven to be successful in minimizing excessive amounts and saving money so I don't gamble too much.

[wxa7115]

Well the percentage in which I used in gambling is a 2% of my savings and moreover I don't gamble all the time because I am just a new commer in the gambling community so I don't really know a sure game to place a bet on, but with time when I am more familiar with the odds and teams I will increase to 5⅝ because by then I have known some specific sure odds, this is the best way to handle betting so a gambler will not wager more than expected on gambling. Sometimes staking more than the percentage of stake in a bet helps when you won, this makes the whole story interesting to forget those day while one was losing money in bets. 

If you do that, won't it have a very bad long-term impact on your savings because you also need living expenses and so on, so you can only save a portion of your income and over time your savings will run out without.
It's better to change by using money earned from working or doing business, not saving, for example you use 2% to 5% of the money you earn for gambling and 45% for savings, then the remaining 50% of the money is used to meet your life needs within one month and calculating income must be rounded up once a month to make it easier for you to manage the finances you have.

I use this method and it's proven to be successful in minimizing excessive amounts and saving money so I don't gamble too much.

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

[Josefjix]

Using 2% of your savings can be your choice to play gambling and that's not only because you are a newcomer but you really have to be able to have limits for gambling so you won't lose a lot of money playing gambling. And try to increase the percentage of money to 5%, which means you also increase the risk of losing it.

It is better for you to start learning to make clear boundaries in gambling to control yourself while playing gambling and not lose much money if you do lose. Many people are tempted to continue playing gambling because they see that some people can get big wins from gambling.

But you can't be like them because you need luck to win. So if you already have clear limits, you must continue to follow these limits and stop immediately before the limit is reached so you can still have money in your balance.

Before gambling, we have our perspective targets to crack, we can't tend to accept losses at a very early stage of wagering. Gambling is never a do-or-die circumstance; we wager what we can afford and lose. It is more about oneself than about the optimum percentage of income to be utilized for gambling Self-control and disciplinary proceedings are required for avoiding account liquidation. It is not necessary to use 2%; it all depends on the solid results obtained. We should be more open and calculated in all we do, because even minor mistakes might result in punitive consequences from the system.

[harizen]

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

Regardless of the percentage and numbers we will mention here, if the said person is a gambler, casual, regular, or addicted, anything related to properly managing the savings will be useless. It requires a strong discipline to only use a specific percentage to be used on gambling. There's a scenario in which someone will set up a budget only to be used on gambling but when they reach the limit, there's always room for "Why not try another round"? And the result? We already know.

Sometimes those who exceed their budget are lucky, where the risks they take are being rewarded luckily. Unfortunately, on the other hand, there are unlucky gamblers who exceed their budget but end up being wrecked and that's where the problem will start. To summarize, having a percentage of income that can be used in gambling is not totally effective as the temptation to cross the limit is always possible for most gamblers.

[ethereumhunter]

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

And if they can save that amount without having to gamble at all, they will see how much money they have at the end of the year and it will surprise them that they can make a lot of money by saving it and not using it for gambling. But people who are used to gambling will definitely budget their money to be deposited into their gambling account so that they can freely use it to gamble.

Saving their money in bitcoin will be better for them because it can make them big profits from investing in it. If they also reduce their allocation of money for gambling and move it into investment savings in bitcoin, they will have more bitcoin they can sell when the price of bitcoin rises.

[Hypnosis00]

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

And if they can save that amount without having to gamble at all, they will see how much money they have at the end of the year and it will surprise them that they can make a lot of money by saving it and not using it for gambling. But people who are used to gambling will definitely budget their money to be deposited into their gambling account so that they can freely use it to gamble.

Saving their money in bitcoin will be better for them because it can make them big profits from investing in it. If they also reduce their allocation of money for gambling and move it into investment savings in bitcoin, they will have more bitcoin they can sell when the price of bitcoin rises.

It is different for me as I allocate a certain amount for savings, investments, and expected expenses, and the remaining money will be for some stuff and leisure. Maybe I was really strict when it came to budgeting but I was thankful because this is the reason why I'd never fall into addiction and spend less on gambling. If only $100 is left (free money) then that is only the money I have to gamble to.

And I'd find out how important it was because, for some reason, we are able to keep on our plan and are able to reach our goal.

[CODE200]

Well the percentage in which I used in gambling is a 2% of my savings and moreover I don't gamble all the time because I am just a new commer in the gambling community so I don't really know a sure game to place a bet on, but with time when I am more familiar with the odds and teams I will increase to 5⅝ because by then I have known some specific sure odds, this is the best way to handle betting so a gambler will not wager more than expected on gambling. Sometimes staking more than the percentage of stake in a bet helps when you won, this makes the whole story interesting to forget those day while one was losing money in bets. 

Well, props to you. I remember when I just entered the gambling world, I use only 2% of my income because I was just a beginner then and I can't afford to lose that much money because of gambling. That's why it makes me happy every time I hear people who are new comers, only gamble at least 2% of their income or simply their free money. My advice would be, not just in gambling but in everything that you're going to, if you're only a beginner, it's better to observe and explore first before you really dive into it. As what they say, before you swim, test if the water is deep or shallow. Now, in my years in the gambling community, I still only limit myself to 5% of my income and that's the maximum.

[Aanuoluwatofunmi]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Any percentage is not bad to be used for gambling as long as it's something one can afford to loose, gambling does not have a particular amount one must use to gamble, but there's nothing bad if we can on our own self made a decision on the amount in percentage that we want to be using for gambling, in my own opinion i don't think 5% is much but i can tell about some who will tell you it's much because of what they earned and how their other responsibilities appears.

[GigaBit]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Every gambler comes from a family so the biggest part of their income must be used for the family. Gamblers usually try to spend a large portion of the money for family and other necessary expenses. But here is another thing we have to consider that this gambling may be different for those who have higher income. But overall I agree with you that if someone spends 5 percent of his income on gambling it will not be a burden for anyone. But in this case, even if it is 7 percent to 10 percent that will be acceptable.

[Shamm]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Any percentage is not bad to be used for gambling as long as it's something one can afford to loose, gambling does not have a particular amount one must use to gamble, but there's nothing bad if we can on our own self made a decision on the amount in percentage that we want to be using for gambling, in my own opinion i don't think 5% is much but i can tell about some who will tell you it's much because of what they earned and how their other responsibilities appears.

I don't think so if there's a exact percentage of winning or income in gambling cause we are all know that gambling Can not sustain our daily needs we cannot predict the outcome of our bet so there's a time that we will loss our bet so we can not say that we will receive a daily income from gambling and also as a gambler we must don't have the mindset that gambling is a source of income .

[ethereumhunter]

It is different for me as I allocate a certain amount for savings, investments, and expected expenses, and the remaining money will be for some stuff and leisure. Maybe I was really strict when it came to budgeting but I was thankful because this is the reason why I'd never fall into addiction and spend less on gambling. If only $100 is left (free money) then that is only the money I have to gamble to.

And I'd find out how important it was because, for some reason, we are able to keep on our plan and are able to reach our goal.

It's great if you can do something like that because it will keep you from getting addicted and prevent you from losing a lot of money. We must be able to set a budget for gambling and never cross the limit so that we don't spend the money in one day. If we can limit budgeting, it won't interfere with finances in the family because we have arranged everything in the places it should be. And the important part is that we can also enjoy and live this life well.

In gambling, we also have a plan that is not about making money from gambling because it's not easy. The plan is to regulate how we gamble, how much money we can use to gamble, how long we can gamble in one day and how many times we will gamble in one week. And I think there are many more things that we must consider, especially limiting our gambling so that we don't experience gambling addiction and other serious problems.

[2Pizza410000BTC]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Every gambler comes from a family so the biggest part of their income must be used for the family. Gamblers usually try to spend a large portion of the money for family and other necessary expenses. But here is another thing we have to consider that this gambling may be different for those who have higher income. But overall I agree with you that if someone spends 5 percent of his income on gambling it will not be a burden for anyone. But in this case, even if it is 7 percent to 10 percent that will be acceptable.

A gambler must keep the family expenses in mind if he gambles under a family. After meeting the family's expenses, he has to keep a certain portion to participate in gambling later. In this case, if a gambler participates in gambling professionally and earns without facing any losses, he can save a certain portion of his income. And if the gambler faces losses rather than gains then most of his income has to be spent on gambling leaving aside family support for which he later lives in poverty.

[summonerrk]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Every gambler comes from a family so the biggest part of their income must be used for the family. Gamblers usually try to spend a large portion of the money for family and other necessary expenses. But here is another thing we have to consider that this gambling may be different for those who have higher income. But overall I agree with you that if someone spends 5 percent of his income on gambling it will not be a burden for anyone. But in this case, even if it is 7 percent to 10 percent that will be acceptable.

A gambler must keep the family expenses in mind if he gambles under a family. After meeting the family's expenses, he has to keep a certain portion to participate in gambling later. In this case, if a gambler participates in gambling professionally and earns without facing any losses, he can save a certain portion of his income. And if the gambler faces losses rather than gains then most of his income has to be spent on gambling leaving aside family support for which he later lives in poverty.

That's right, family life imposes very large expenses on the player. Imagine that you have your own expense items, and in addition there are unforeseen expense events - a tooth ached, a shoe broke, and so on. If you are a family man, then the expenses for your wife are also imposed on you - after all, she is most likely on maternity leave, and her income is very small. Well, plus to all this, there is a child whose expenses are almost impossible to plan, they are chaotic and large.

Therefore, if a family man wants to continue gambling, his income must be huge. Because in family life, you never know how much money you will have left in a week.

[2Pizza410000BTC]

Therefore, if a family man wants to continue gambling, his income must be huge. Because in family life, you never know how much money you will have left in a week.

The prices of commodities in my country are so high that average people spend twice as much money every day as they earn. As a result, there is no way for him to keep some money in reserve in the family. In our socio-economic context, it is not at all possible to support the family by participating in gambling. A private employee can never support his family as per his mind, so at the end of the month he has to borrow a certain part to meet the family expenses.

[Distinctin]

Therefore, if a family man wants to continue gambling, his income must be huge. Because in family life, you never know how much money you will have left in a week.

The prices of commodities in my country are so high that average people spend twice as much money every day as they earn. As a result, there is no way for him to keep some money in reserve in the family. In our socio-economic context, it is not at all possible to support the family by participating in gambling.

I don't agree with you when it comes to profitable gambling. You see, there are no limitations in terms of how much you can earn through gambling; all you need to do is establish that consistency, and you'll undoubtedly lead a prosperous life. However, it's important to note that gambling is often perceived as a high-risk endeavor, which is why only a few manage to succeed in it. Yet, if you possess the necessary skills, generating income from gambling shouldn't pose a problem. In the future, your challenge might shift to how to effectively manage and use your wealth.

My point is, it's not accurate to always assume that no one can make money from gambling, as this notion is merely a myth.

A private employee can never support his family as per his mind, so at the end of the month he has to borrow a certain part to meet the family expenses.

Then, over time, they might face financial difficulties due to their low income and substantial expenses. From a business perspective, this situation is referred to as bankruptcy.

[len01]

-snip

That's right, family life imposes very large expenses on the player. Imagine that you have your own expense items, and in addition there are unforeseen expense events - a tooth ached, a shoe broke, and so on. If you are a family man, then the expenses for your wife are also imposed on you - after all, she is most likely on maternity leave, and her income is very small. Well, plus to all this, there is a child whose expenses are almost impossible to plan, they are chaotic and large.

Therefore, if a family man wants to continue gambling, his income must be huge. Because in family life, you never know how much money you will have left in a week.

if a man who has a family would be better advised to put aside gambling and prioritize the needs of his family and gamble when he has money left over from daily needs. this is like planning a budget for gambling when you have a job and get a salary that you have to separate the money to cover all needs and if there is no extra to ignore gambling for a while.

I think to gamble continuously you do not need to have a large income just once plan a budget for gambling but use it professionally for example a man has a job with a salary of $300 and after that separate the money $250 for his family and $50 to place on sports bets on teams that have big chance to win to get better results and if you win, do not occasionally use all the budget money and winning money to bet again but stay consistent with the initial bet so that the budget will last a few days or a few weeks.

but if the budget is used to play in casino games Im not sure if the funds will last a few days.

[mirakal]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

You know that was also like me when I’m still a beginner in gambling. I just gamble whenever I feel the urge, and bet whatever I have extra amount willing to lose. But as I became a regular gambler, I realized I have to set an amount that I intend to use for entertainment, no regret if I lose them all but it would be better if I also make them double or triple the amount. So I decided to play below 10% of my weekly pay, but mostly whenever I’ve seen that there’s no luck coming, probably it all fall down to 5%. And I think that works, my finances are still manageable despite of some consistent losses I’ve incurred.

[piebeyb]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

You know that was also like me when I’m still a beginner in gambling. I just gamble whenever I feel, and whatever I have extra amount willing to lose.

People who use this percentage may be a businessman who is also looking for money in gambling so it needs calculations and percentages of income as well as gambling profits, even though in my opinion just play as usual as long as you can limit your gambling budget properly, for example every week only $ 100 , when you have lost around $ 100 you should stop gambling because it limits the budget so as not to become poor.

Gamblers if they have become addicts will be difficult to cure because they cannot be stopped if they are already heavily addicted, so just play with a healthy mindset like gambling by just having fun enjoying the game without having to chase profits and make it a source of income. Gambling must be wise and full of responsibility

[kro55]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

You know that was also like me when I’m still a beginner in gambling. I just gamble whenever I feel the urge, and bet whatever I have extra amount willing to lose. But as I became a regular gambler, I realized I have to set an amount that I intend to use for entertainment, no regret if I lose them all but it would be better if I also make them double or triple the amount. So I decided to play below 10% of my weekly pay, but mostly whenever I’ve seen that there’s no luck coming, probably it all fall down to 5%. And I think that works, my finances are still manageable despite of some consistent losses I’ve incurred.

People actually should be gambling, only if they are ready to lose the amount of money that they put on to gamble. Otherwise, if you are someone who just somehow can manage his money and not save much, you should not be even thinking about gambling. It’s better to just save the money for future. Or even better, invest the money in something which might give a better return.

People think about gambling as an "instant profit" thing. But we all know that it is actually hard to win in gambling if you have actually not lost a lot of money. People who gamble professionally are definitely people who have a lot of experience in gambling and also most of the time have a lot of money. So I definitely do not think that gambling is a get-rich-quick scheme. For me, it is more like a time-passing method.

[Fivestar4everMVP]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

You know that was also like me when I’m still a beginner in gambling. I just gamble whenever I feel the urge, and bet whatever I have extra amount willing to lose. But as I became a regular gambler, I realized I have to set an amount that I intend to use for entertainment, no regret if I lose them all but it would be better if I also make them double or triple the amount. So I decided to play below 10% of my weekly pay, but mostly whenever I’ve seen that there’s no luck coming, probably it all fall down to 5%. And I think that works, my finances are still manageable despite of some consistent losses I’ve incurred.

Well , for me , I am a regular gambler though not that regular though, but honestly ,I still prefer the old fashioned way which is to gamble when ever I feel like it, and my stake will depend solely on the amount of money I am willing to risk losing at that particular moment.
As someone who got people to feed take care of ,  a lot of responsibilities that require money , I honestly don't find it convenient to set anything aside either weekly or monthly for the sole purpose of gambling alone, I feel there are many other much more important stuffs to set money aside for , rather than doing it for gambling , but then ,I understand that every man is to his or her own , we set aside funds for things in our lives based on how important it is to us, based on priorities, which is absolutely ok .

[Crypt0Gore]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Every gambler comes from a family so the biggest part of their income must be used for the family. Gamblers usually try to spend a large portion of the money for family and other necessary expenses. But here is another thing we have to consider that this gambling may be different for those who have higher income. But overall I agree with you that if someone spends 5 percent of his income on gambling it will not be a burden for anyone. But in this case, even if it is 7 percent to 10 percent that will be acceptable.

A gambler must keep the family expenses in mind if he gambles under a family. After meeting the family's expenses, he has to keep a certain portion to participate in gambling later. In this case, if a gambler participates in gambling professionally and earns without facing any losses, he can save a certain portion of his income. And if the gambler faces losses rather than gains then most of his income has to be spent on gambling leaving aside family support for which he later lives in poverty.

That's right, family life imposes very large expenses on the player. Imagine that you have your own expense items, and in addition there are unforeseen expense events - a tooth ached, a shoe broke, and so on. If you are a family man, then the expenses for your wife are also imposed on you - after all, she is most likely on maternity leave, and her income is very small. Well, plus to all this, there is a child whose expenses are almost impossible to plan, they are chaotic and large.

Therefore, if a family man wants to continue gambling, his income must be huge. Because in family life, you never know how much money you will have left in a week.

When you start having children they will be a big change on how you save money and how you invest, there is no thing as budget for the family, you will keep spending and spending and there won't be anything to keep the account about your spending, the only way to stay ahead is to double how much your are originally making before you get married and start having kids, up your game and there will be enough for investments and savings.

The truth is this won't be easy for many people, as they are basically living on their salary earnings, this is why I am not a fan of working under someone and earning a salary every month, the room for growth won't be wide enough to do as you please.

As for those who are not salary earners, maybe those who have their own business it's easier to work on something new that can start generating you extra income every month, the difference is you will have the time to learn something new, there will be no boss waiting for you at the office door to talk trash on you about why you are late.

[Jawhead999]

The prices of commodities in my country are so high that average people spend twice as much money every day as they earn. As a result, there is no way for him to keep some money in reserve in the family. In our socio-economic context, it is not at all possible to support the family by participating in gambling. A private employee can never support his family as per his mind, so at the end of the month he has to borrow a certain part to meet the family expenses.

That's mean the gambler is doesn't have a good money management.

When someone need to borrow money for family expenses, he should calculate the expected monthly spending because borrowing money is unhealthy. Maybe he need to lower the money for entertainment and save the rest for urgent need.

Also learn about frugal living lifestyle, don't spend money for unnecessary stuff.

[slapper]

To be honest I think I fall under the category of people who don't actually have a certain percentage of my earnings I use for gambling, I mostly just like to flex it thats whenever am feeling like gambling or I have seen a particular game am much interested in, I just go on all out and place my bet depending on the amount I am willing to spare for that moment.

You know that was also like me when I’m still a beginner in gambling. I just gamble whenever I feel, and whatever I have extra amount willing to lose.

People who use this percentage may be a businessman who is also looking for money in gambling so it needs calculations and percentages of income as well as gambling profits, even though in my opinion just play as usual as long as you can limit your gambling budget properly, for example every week only $ 100 , when you have lost around $ 100 you should stop gambling because it limits the budget so as not to become poor.

Gamblers if they have become addicts will be difficult to cure because they cannot be stopped if they are already heavily addicted, so just play with a healthy mindset like gambling by just having fun enjoying the game without having to chase profits and make it a source of income. Gambling must be wise and full of responsibility

However, not every participant at the casino is a businessperson. Not everyone views gambling as a commercial venture. You are correct; it is a hazardous game if you become addicted. Moreover, it is not for the fainthearted. If you've established a budget, adhere to it. If you're down $100, call it a day and return later. But always return stronger, wiser, and better prepared

Remember that money is not everything. Occasionally, it's all about the excitement, the strategy, and the game. And always - ALWAYS - maintain your composure. If you are unable to manage the game, it may be time to leave the table

[maydna]

When you start having children they will be a big change on how you save money and how you invest, there is no thing as budget for the family, you will keep spending and spending and there won't be anything to keep the account about your spending, the only way to stay ahead is to double how much your are originally making before you get married and start having kids, up your game and there will be enough for investments and savings.

The truth is this won't be easy for many people, as they are basically living on their salary earnings, this is why I am not a fan of working under someone and earning a salary every month, the room for growth won't be wide enough to do as you please.

As for those who are not salary earners, maybe those who have their own business it's easier to work on something new that can start generating you extra income every month, the difference is you will have the time to learn something new, there will be no boss waiting for you at the office door to talk trash on you about why you are late.

Even when you already have a family, you will probably focus more on your family than on gambling and will give your income to your partner to manage. Maybe you can still have a small budget for gambling, but the amount will be less than when you were single. And it's true everything will change drastically when you have children because your next priority is your children, which will cost more than before. This is why many husbands are trying to find additional income, one of which is by playing gambling. But that's not a good choice because we won't know how often we can win.

And when they already have a family and children, that can reduce the budget for gambling, so of course, it will make them also reduce the time to gamble. There will be other joys that they will find in their family, namely their children who are starting to grow up, and watching them grow will be a joy.

[shogun47]

Talking about percentages to be spent on gambling from your weekly income only makes sense when we know what we are comparing here. If someone makes 5k USD a week and spends 500 USD, no issue with that I guess. But when someone makes 500 USD a week and is around his existential minimum, every dollar counts. That's why establishing a rule in terms of percentages should be done on the basis of how much money is earned and also needed to keep life moving forward and not get derailed. It is also highly individual how people go til when they lose. Some will say that they are ok when they just wasted 10% of their weekly income in a casino, while others would perhaps be mad at themselves when they lost 1% or 2% on gambling.
I think it should be more a percentage of discretionary income when all important things are covered. If someone chooses to gamble around over going to the cinema, that's fine then.

[Dr.Bitcoin_Strange]

Talking about percentages to be spent on gambling from your weekly income only makes sense when we know what we are comparing here. If someone makes 5k USD a week and spends 500 USD, no issue with that I guess. But when someone makes 500 USD a week and is around his existential minimum, every dollar counts.

Your assumption got me to ask if there is any job where, in these recent days, anyone is earning about $5k in a week? Maybe it can exist in other countries, but in my country, I have not seen any worker receiving $5k per week; it's always way less than that, and even if a gambler is earning $500 every week, spending 5% of their $500 weekly income on gambling cannot be considered reckless spending on gambling. Some people spend more than that. Even if one is earning $100 every week, 5% is not too much to spend on gambling.

 

Some will say that they are ok when they just wasted 10% of their weekly income in a casino, while others would perhaps be mad at themselves when they lost 1% or 2% on gambling.

Wow, who will be mad for just spending 1 or 2% of their income on gambling? Before that can happen, two things are involved: either the person doesn't like gambling but was compelled and persuaded to do so, or the person is earning above $100k per week or month. If the person is earning more than $100k, that means that the 2% they spend on gambling would really be a huge amount of money.

I think it should be more a percentage of discretionary income when all important things are covered. If someone chooses to gamble around over going to the cinema, that's fine then.

[/quote]

Yeah, I agree with you on that, and I believe that's what it really is, because perhaps you don't know how much my total monthly or weekly income is, so you can't decide for me how much I should spend on gambling. Since I am the one who has that information, I can only decide for myself how much I need to spend from the income I get (just a scenario).

[Mahanton]

When you start having children they will be a big change on how you save money and how you invest, there is no thing as budget for the family, you will keep spending and spending and there won't be anything to keep the account about your spending, the only way to stay ahead is to double how much your are originally making before you get married and start having kids, up your game and there will be enough for investments and savings.

The truth is this won't be easy for many people, as they are basically living on their salary earnings, this is why I am not a fan of working under someone and earning a salary every month, the room for growth won't be wide enough to do as you please.

As for those who are not salary earners, maybe those who have their own business it's easier to work on something new that can start generating you extra income every month, the difference is you will have the time to learn something new, there will be no boss waiting for you at the office door to talk trash on you about why you are late.

Even when you already have a family, you will probably focus more on your family than on gambling and will give your income to your partner to manage. Maybe you can still have a small budget for gambling, but the amount will be less than when you were single. And it's true everything will change drastically when you have children because your next priority is your children, which will cost more than before. This is why many husbands are trying to find additional income, one of which is by playing gambling. But that's not a good choice because we won't know how often we can win.

And when they already have a family and children, that can reduce the budget for gambling, so of course, it will make them also reduce the time to gamble. There will be other joys that they will find in their family, namely their children who are starting to grow up, and watching them grow will be a joy.

As a Father or Family oriented kind of person then you would definitely be thinking about your family on giving out their needs and whatever they do really want on which it is  really just that normal that we do really priority
on whatever our family been asking but its not really that bad on giving yourself your own time in speaking about leisure or entertainment. Some person or men do really think up this kind of situation and some doesnt really care for themselves on their happiness but since each one of us does have that different kind of approach when it comes to entertainment because not all would really be that a fan of gambling then you could really expect
that it would really be just fine for other people on not to be able to play but for those who do want to play then allocating 2%-5% of your income should really be enough or sufficient. Dont make yourself go overboard or crossing on the line because this would really be definitely be creating that kind of possible impulsive approach which might lead into those actions which arent supposed to be done because it would really be possibly be
creating possible disaster into your finances if you arent really that sensible in towards on your further actions. This is why having that control and discipline would really be always the key and shouldn't really be ignored.

[maydna]

~snip~

As a Father or Family oriented kind of person then you would definitely be thinking about your family on giving out their needs and whatever they do really want on which it is  really just that normal that we do really priority
on whatever our family been asking but its not really that bad on giving yourself your own time in speaking about leisure or entertainment. Some person or men do really think up this kind of situation and some doesnt really care for themselves on their happiness but since each one of us does have that different kind of approach when it comes to entertainment because not all would really be that a fan of gambling then you could really expect
that it would really be just fine for other people on not to be able to play but for those who do want to play then allocating 2%-5% of your income should really be enough or sufficient. Dont make yourself go overboard or crossing on the line because this would really be definitely be creating that kind of possible impulsive approach which might lead into those actions which arent supposed to be done because it would really be possibly be
creating possible disaster into your finances if you arent really that sensible in towards on your further actions. This is why having that control and discipline would really be always the key and shouldn't really be ignored.

It's normal to give them what they want, but we should also know whether it's really what they need because so far, parents have never checked carefully whether what they are asking for is really what they need.

And regarding how much funds you can allocate for gambling and other entertainment, it depends on how you arrange your household financial budget so that it doesn't interfere with one another. Perhaps 2%-5% is enough for the gambling budget. At the same time, other entertainment will have a larger portion of the budget because other entertainment will usually be shared with other family members. Hence, it's only natural that the budget portion is also large.

Only we can budget for gambling because only we know how much we can afford in gambling. And as long as it doesn't exceed the limit, our budget or salary will surely be sufficient. And if we lose at gambling, we will not use the budget for other things because we know that it will interfere with allocating funds.

[wiss19]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Any percentage is not bad to be used for gambling as long as it's something one can afford to loose, gambling does not have a particular amount one must use to gamble, but there's nothing bad if we can on our own self made a decision on the amount in percentage that we want to be using for gambling, in my own opinion i don't think 5% is much but i can tell about some who will tell you it's much because of what they earned and how their other responsibilities appears.

Even if one can afford to spend 30% of their income on gambling, I don't think that is a good thing to do. One should have a fixed budget for their gambling activities and it shouldn't be a very big part of their income because gambling is not a way to earn money or something but it is a source of entertainment and trying your luck, if you are lucky, you will win big even if you have spent just 5% of your income and if you are unlucky, you won't win even if you spend 50% of it.

So, it's better if you can spend just a small percentage of your total income on gambling, enjoy your time while you can, and see if your luck works or not, and when you lose that money, just stop right there and wait until you get your next income and then gamble again with your budget.

[klidex]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Any percentage is not bad to be used for gambling as long as it's something one can afford to loose, gambling does not have a particular amount one must use to gamble, but there's nothing bad if we can on our own self made a decision on the amount in percentage that we want to be using for gambling, in my own opinion i don't think 5% is much but i can tell about some who will tell you it's much because of what they earned and how their other responsibilities appears.

Even if one can afford to spend 30% of their income on gambling, I don't think that is a good thing to do. One should have a fixed budget for their gambling activities and it shouldn't be a very big part of their income because gambling is not a way to earn money or something but it is a source of entertainment and trying your luck, if you are lucky, you will win big even if you have spent just 5% of your income and if you are unlucky, you won't win even if you spend 50% of it.

So, it's better if you can spend just a small percentage of your total income on gambling, enjoy your time while you can, and see if your luck works or not, and when you lose that money, just stop right there and wait until you get your next income and then gamble again with your budget.

I agree with what you said if spending 5% of income is more than enough to try your luck in gambling or to have fun in gambling and everyone knows that this is a healthy activity to spend small amounts in gambling because it is not a place to double money but rather to try your luck and have fun.
But sometimes every human being has different thoughts and almost all gamblers always think about a big budget for gambling which will produce big profits even though they ignore luck in gambling so no matter how big the budget is for gambling, if they are not lucky within 1 hour they will run out of gambling.

[wxa7115]

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

And if they can save that amount without having to gamble at all, they will see how much money they have at the end of the year and it will surprise them that they can make a lot of money by saving it and not using it for gambling. But people who are used to gambling will definitely budget their money to be deposited into their gambling account so that they can freely use it to gamble.

Saving their money in bitcoin will be better for them because it can make them big profits from investing in it. If they also reduce their allocation of money for gambling and move it into investment savings in bitcoin, they will have more bitcoin they can sell when the price of bitcoin rises.

It is different for me as I allocate a certain amount for savings, investments, and expected expenses, and the remaining money will be for some stuff and leisure. Maybe I was really strict when it came to budgeting but I was thankful because this is the reason why I'd never fall into addiction and spend less on gambling. If only $100 is left (free money) then that is only the money I have to gamble to.

And I'd find out how important it was because, for some reason, we are able to keep on our plan and are able to reach our goal.

That is the right approach, since money that we can afford to lose means exactly that, after you subtract the money needed to pay for groceries, utilities, gasoline, insurance, saving and investing, then whatever that remains is the money you can afford to lose.

And if that amount of money is small so be it, there is no point in trying to gamble away more money than what we can afford, after all the amount of money we can earn is limited so it make sense we try to use it as effectively as we can.

[LUCKMCFLY]

Someone saving 45% of their income each month will end up in a fantastic position very early on their life, think about it they are almost saving half of their salary, which means that each year they work they generate one year of savings.

If that person were to save a few years out of their income and then they invested that money in bitcoin, suddenly they will not have years of savings but decades of savings which will allow them to retire at a very early age.

And if they can save that amount without having to gamble at all, they will see how much money they have at the end of the year and it will surprise them that they can make a lot of money by saving it and not using it for gambling. But people who are used to gambling will definitely budget their money to be deposited into their gambling account so that they can freely use it to gamble.

Saving their money in bitcoin will be better for them because it can make them big profits from investing in it. If they also reduce their allocation of money for gambling and move it into investment savings in bitcoin, they will have more bitcoin they can sell when the price of bitcoin rises.

It is different for me as I allocate a certain amount for savings, investments, and expected expenses, and the remaining money will be for some stuff and leisure. Maybe I was really strict when it came to budgeting but I was thankful because this is the reason why I'd never fall into addiction and spend less on gambling. If only $100 is left (free money) then that is only the money I have to gamble to.

And I'd find out how important it was because, for some reason, we are able to keep on our plan and are able to reach our goal.

That is the right approach, since money that we can afford to lose means exactly that, after you subtract the money needed to pay for groceries, utilities, gasoline, insurance, saving and investing, then whatever that remains is the money you can afford to lose.

And if that amount of money is small so be it, there is no point in trying to gamble away more money than what we can afford, after all the amount of money we can earn is limited so it make sense we try to use it as effectively as we can.

I have always agreed that a person can save in bitcoin and if a person decides to save 45% of their monthly income and uses it only for bitcoin, it can be quite good, because whenever we start to think if a person earning money in a country X and if its economy is very inflcnary it does not make sense to save in the local currency of that country, and if you spend everything to the strongest currency considered as the dollar, because the dollar can have its fall , so the most sensible thing is that you can invest it and there is no small investment that is worth it, because the only one that is worth it, even if it is to incorporate little by little, is bitcoin, because bitcoin is the currency that can be done the most to earn a lot of money, its deflationary nature is above any economy that exists, even if it is a country with the most prosperous economy, bitcon will always be above everything, it is what many people have found to really save, why not even in a bank Not even in the best of banks can it generate that much money, because a bank does not even reach 24% per year, etnonce that is something that should not be.

Now, a person who decides to save a large percentage of his salary is not healthy for him to spend it in a casino, because just as he can multiply it, which is not bad, he can leave it all there and lose all the effort he made. saving it and it's not the idea either, I think the money should move, but there are things that are a little more secure, in fact I would prefer that you put the money in tading so that you can do bigger things, and even though there is the risk of losing that Money, well, you can do things that you can win, what I weigh is that the correct percentage to play in a match according to what you win, you can allocate is 1% and a maximum of 2% of there you think is not possible more, because it would be like throwing money overboard, because it is easier to lose than to win, we must know that a casino will always have the advantage of the house and that above that nothing.

[FanEagle]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

[mirakal]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

However, the only thing I am certain of is that you should never gamble more than you can afford to lose. Spending 5% or below is easy to say, but when you are already experiencing consistent huge profits in gambling, I think it would be hard for anyone to stop, thinking that the moment you stop, you will eventually lost your luck and never get the chance again to be in huge profits. This is why most gamblers never win ultimately, aside from the fact that the house should always be the one to win.

[Westinhome]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

The maximum people opinion was les than 5 percentage,because less than 2 percentage was low one for the gambling.So the gamblers uses 5 percentage for the gambling from their monthly income.But I was from that 7 percentage of the population,which is less than 30 percentage of money in the gambling.I will spend 40 percentage of income for the rent and the clothes,then i will keep 30 percentage of nu income to the food.So the balance 30 percentage of my free income will be used on the gambling.Because I had strong belief on my luck and so my luck will give me more money from gambling one day.

[passwordnow]

The maximum people opinion was les than 5 percentage,because less than 2 percentage was low one for the gambling.So the gamblers uses 5 percentage for the gambling from their monthly income.But I was from that 7 percentage of the population,which is less than 30 percentage of money in the gambling.I will spend 40 percentage of income for the rent and the clothes,then i will keep 30 percentage of nu income to the food.So the balance 30 percentage of my free income will be used on the gambling.Because I had strong belief on my luck and so my luck will give me more money from gambling one day.

That's so much confidence from you. But whatever is the percentage that you're comfortable to spend from your monthly income, make use of that first for your bills and necessities then you're free to go wild and gamble with that money of yours. That's where many gamblers get it wrong that they're lessen first their gambling funds before proceeding and paying everything for their bills and needs. It should be deducted first before they allot their percentage for gambling so that they won't compromise those important obligations they need to sustain and attend to. And at the same time, their relatives won't blame gambling because they become reckless and irresponsible if they're prioritizing their percentage for gambling.

[TelolettOm]

However, the only thing I am certain of is that you should never gamble more than you can afford to lose. Spending 5% or below is easy to say, but when you are already experiencing consistent huge profits in gambling, I think it would be hard for anyone to stop, thinking that the moment you stop, you will eventually lost your luck and never get the chance again to be in huge profits. This is why most gamblers never win ultimately, aside from the fact that the house should always be the one to win.

Of course, we shouldn't gamble excessively, that's why we must limit the funds. If we limit the funds, we must allocate it with the mount of money that we afford to lose. But if we have no limitation of the funds to use daily or weekly, it is not impossible that we may use more than 5% of income. Or we even may think to take a loan because of trying to chase the wins. Well, it is actually related to self control, people who has good self control must understand how much money they should spend ideally.

Commonly, each gambler understands that it is impossible to always win. It is gambling, no chance to maintain the wins for many times.  So, when a gambler is experiencing winning streaks, he/she probably considers to stop temporarily. It is because if he/she continues it, he/she may forget the nature of gambling and he/she tends to spend more more money. But to do this, a gambler must have a good self-control. It won't be easy to stop when someone is in a good mood because of winning streaks.

[serjent05]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

The maximum people opinion was les than 5 percentage,because less than 2 percentage was low one for the gambling.So the gamblers uses 5 percentage for the gambling from their monthly income.But I was from that 7 percentage of the population,which is less than 30 percentage of money in the gambling.I will spend 40 percentage of income for the rent and the clothes,then i will keep 30 percentage of nu income to the food.So the balance 30 percentage of my free income will be used on the gambling.Because I had strong belief on my luck and so my luck will give me more money from gambling one day.

Well, it is good to know that you have big salaries that can cover all your needs with only 60% of your income.  Others are not as lucky as you since many people have salaries that can rarely meet their family needs so many of us here just allocate a small percentage of our monthly salaries but of course, if we get an extra source of funds, we might end up adding more percentage to gambling for entertainment.

I also believe that it is okay to spend any percentage of the income on gambling entertainment as long as they can sustain their family's needs and bills with the remaining money.

[wxa7115]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

It may not seem like much but the more you save the more money you have to invest, and the longer you can do this the more profits you will have over a long period of time.

So even if an additional 1% may not see like much, we must remember that amount compounds, and if you invest it in bitcoin which has higher volatility than the stock market then it can easily lead you towards some good profits, as long as you can hold your coins for that long of course.

[maydna]

Less than 5% and less than 2% seems a bit close to each other. Mine is just around 3% range give or take every month so I could say that I could maybe drop it to 2% as well and it wouldn't really change a whole lot in my life, and I could increase it to 5% as well and it wouldn't suddenly make me poor neither.

However, I could say that it is going to end up with a different result one way or another, it is not going to be that simple in the end and should be a bit of a difficult question based on what your income is. Someone who makes 500 dollars a month and someone who makes 50k a month should not have the same result, while one can spend 10% easily, the other can't. That's why this changes from person to person.

It may not seem like much but the more you save the more money you have to invest, and the longer you can do this the more profits you will have over a long period of time.

So even if an additional 1% may not see like much, we must remember that amount compounds, and if you invest it in bitcoin which has higher volatility than the stock market then it can easily lead you towards some good profits, as long as you can hold your coins for that long of course.

So it's better to budget the money to invest in bitcoin than to use it for gambling. I like that, and that's what we should do. We also don't need to allocate funds too large for gambling, especially if we invest in bitcoin. It's better for us to provide a larger portion of funds to invest in bitcoin so that our profits can also be bigger.

But whatever allocation we use, we have to adjust it to the income we receive. If we allocate more than 10% to gambling, we must look at other allocations because they will require adjustments elsewhere. So instead of running out of money if we use it for gambling and don't know when we can win a lot of money, it's better to use the money to invest in bitcoin.

[qwertyup23]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I think the answer mostly depends on the perspective of each and every player who gambles.

Generally, people who view gambling as purely a form of entertainment are less likely to invest more money on their income in this venue. They view gambling as a way to at least reduce some stress as the adrenaline can give a person the boost of emotions that can be felt during the act.

On the other hand, people who view gambling as a way of earning income or money do have higher chances of investing more money on their income. Their goal is to quickly win or recover their losses by gambling again, thereby creating a cycle of income stream and expenses.

[Odusko]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Made i very good decision there mate, because have a higher percentage of your weekly income to gamble may result into possibly higher loses since we are already incline with the risk associated with gambling, lately it has been difficult for me to make any wins from my weekly gambling i don't know if i should take a break and save up my balance, although I have up to 15% of my weekly income set aside for gambling, but hardly will my balance take me up to middle of the month before i exust the set aside fund.
I record more loses than winning mostly on weekdays but sometimes my luck shines more on weekends.

[Josefjix]

It may not seem like much but the more you save the more money you have to invest, and the longer you can do this the more profits you will have over a long period of time.

So even if an additional 1% may not see like much, we must remember that amount compounds, and if you invest it in bitcoin which has higher volatility than the stock market then it can easily lead you towards some good profits, as long as you can hold your coins for that long of course.

Spreading out the message clearer, I don't flow with the same understanding with illustrations, there are various opinions stated out here, we have our basic choices to make. I don't believe in using percentage of our income to gamble, it makes no sense because our hard earn money are already utilized for budgets. There's no such thing as using our percentage to gamble, it only portrays how less busy we are to implement solid good plans for our future. I concord with the opinion that stated out that, we should use our extra change, money that's not for important budgets to gamble, because that's the only thing we can afford to lose.

[wxa7115]

It may not seem like much but the more you save the more money you have to invest, and the longer you can do this the more profits you will have over a long period of time.

So even if an additional 1% may not see like much, we must remember that amount compounds, and if you invest it in bitcoin which has higher volatility than the stock market then it can easily lead you towards some good profits, as long as you can hold your coins for that long of course.

Spreading out the message clearer, I don't flow with the same understanding with illustrations, there are various opinions stated out here, we have our basic choices to make. I don't believe in using percentage of our income to gamble, it makes no sense because our hard earn money are already utilized for budgets. There's no such thing as using our percentage to gamble, it only portrays how less busy we are to implement solid good plans for our future. I concord with the opinion that stated out that, we should use our extra change, money that's not for important budgets to gamble, because that's the only thing we can afford to lose.

It is the same, it is just being expressed in a different way, supposing you earn 3k per month and you use 150 dollars to gamble this is the same as saying you use 5% of your income to gamble.

However it is more useful to think of your income in terms of percentage as the amount you earn per month is different than what someone else may be earning, so for someone assigning 150 dollars per month to gamble may not be a huge deal, while for someone else that could be more than half of their salary, as such it is more useful to think in terms of percentage as this allows you to more clearly see how much of what you earn goes towards gambling, without revealing absolute numbers which could put you at risk of scammers, which are everywhere these days.

[tusandii]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Made i very good decision there mate, because have a higher percentage of your weekly income to gamble may result into possibly higher loses since we are already incline with the risk associated with gambling, lately it has been difficult for me to make any wins from my weekly gambling i don't know if i should take a break and save up my balance, although I have up to 15% of my weekly income set aside for gambling, but hardly will my balance take me up to middle of the month before i exust the set aside fund.
I record more loses than winning mostly on weekdays but sometimes my luck shines more on weekends.

There is no best advice except from yourself to manage your own finances wisely and respect your own decisions and at least love your money much better.
Even though you always have budget of 15% remaining money set aside, when you gamble and feel like its not your day, it better to stop betting and save rest of your budget to use for gambling next day.
You have to remember that gambling has way of always winning and you will have no way but to accept defeat every day.

[Mr.suevie]

Well I think am different when it's comes to my gambling spending because I don't think I have a specific budget or percentage of money I use for my gambling because when I comes to my gambling habit, it's just a matter of the time and how I feel about gambling that particular time as I just used any funds available to certified my urge when it's comes to gambling. It's still surprising to see people saying they actually put out specific amount just to gamble .

[alegotardo]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

I spend little, I believe no more than 10% of my income.
However, I don't think it's possible to say that this is a lot or a little for someone because there are those who prefer to spend more money on gambling than on other superfluous things.
On the other hand, there are people who spend a lot of money on parties, clothes, bars and a lot more on gambling.

I also believe that in addition to the amount of money people spend on gambling, it should be assessed how much time they spend in their lives gambling. It may be that someone makes small bets, or has a lot of skill and luck in gambling, but spends several hours a day just on this.

[ethereumhunter]

Well I think am different when it's comes to my gambling spending because I don't think I have a specific budget or percentage of money I use for my gambling because when I comes to my gambling habit, it's just a matter of the time and how I feel about gambling that particular time as I just used any funds available to certified my urge when it's comes to gambling. It's still surprising to see people saying they actually put out specific amount just to gamble .

But it would be better if you have a budget for gambling so you can control your money. At least it can limit you from gambling excessively because we know what will happen to someone who gambles excessively. People who gamble using a certain budget want to limit their gambling so they don't lose too much. If you can also have a budget for gambling, maybe that can also be a limit for you so you will try not to exceed the limit. But if you think it is going well and you feel comfortable with it, you can continue but be careful if one day, you are tempted to use more money.

[DabsPoorVersion]

Well I think am different when it's comes to my gambling spending because I don't think I have a specific budget or percentage of money I use for my gambling because when I comes to my gambling habit, it's just a matter of the time and how I feel about gambling that particular time as I just used any funds available to certified my urge when it's comes to gambling. It's still surprising to see people saying they actually put out specific amount just to gamble .

But it would be better if you have a budget for gambling so you can control your money. At least it can limit you from gambling excessively because we know what will happen to someone who gambles excessively. People who gamble using a certain budget want to limit their gambling so they don't lose too much. If you can also have a budget for gambling, maybe that can also be a limit for you so you will try not to exceed the limit. But if you think it is going well and you feel comfortable with it, you can continue but be careful if one day, you are tempted to use more money.

I agree, maybe right now you feel nothing when gambling. But when the time comes that you feel the urge of wanting to continue to get your losses or maybe if you have won a lot of money, it will be hard for you to stop and manage the amount of money you spend on gambling. Having a specific budget for gambling can help to control yourself in gambling, it's not surprising at all because it is a must.

[tsaroz]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

This is a good strategy for every gamblers to adopt. This might not come as straightforward in percentage but there should be a set limit to keep you healthy economically and mentally. For me, I designate a few income sources as my gambling bankroll. 100% of it goes to my gambling bankroll but I don't use 100% of it. It's my ultimate limit that I haven't hit yet. In past I had bad experiences of losing all my salary on gambling so I have restricted the use of my day jobs salary on gambling. Keeping them on different bank accounts would help if you can't control yourself.

[Rabata]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Made i very good decision there mate, because have a higher percentage of your weekly income to gamble may result into possibly higher loses since we are already incline with the risk associated with gambling, lately it has been difficult for me to make any wins from my weekly gambling i don't know if i should take a break and save up my balance, although I have up to 15% of my weekly income set aside for gambling, but hardly will my balance take me up to middle of the month before i exust the set aside fund.
I record more loses than winning mostly on weekdays but sometimes my luck shines more on weekends.

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

[Yamifoud]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

[ethereumhunter]

I agree, maybe right now you feel nothing when gambling. But when the time comes that you feel the urge of wanting to continue to get your losses or maybe if you have won a lot of money, it will be hard for you to stop and manage the amount of money you spend on gambling. Having a specific budget for gambling can help to control yourself in gambling, it's not surprising at all because it is a must.

This is a normal thing found in some gamblers who win. They might have a hard time, but if they have good self-control, they won't have too much trouble quitting gambling. They will remember that gambling is entertainment and when they win, they will think it would be better to finish gambling and just rest. And that's why they have to have a special budget for gambling so that it doesn't disturb their finances. They also won't chase after winning because it's pointless. After all, they will use more money to gamble. So they will accept whatever they have and feel they have enough to gamble.

[Negotiation]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

It is better to set a suitable percentage of income for gambling where the risk will be low and there will be no negative effects. It is true that it is better to start small so that even if you lose it will not affect your personal life gambling is a recreational activity. While everyone's entertainment expenses will vary, a suggested maximum of 30 percent of your total entertainment budget seems appropriate so that you can spend on other leisure activities and keep your gambling at a healthy level. Winning is good because it pays to increase gambling action.

[moneystery]

...

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

[Oasisman]

...

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

I have an idea for that why, it's all because they are so desperate that they think gambling would provide them a fortune when they hit a jackpot.
They were also deceived by a handful of winning, they tend to get excited and happy about it every time they win, disregarding the fact that they've lost multiple times and that those winning aren't half or quarter of the accumulated losses they made since day 1.
That cycle won't gonna break if they don't want to let themselves realize how foolish it is for them to continue spending on such useless things over their necessities.

[piebeyb]

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

Usually, people who gamble from a lower middle class economy mostly hope to get rich quickly so they don't care about any losses they experience. On average, most of them never think about choosing to invest in Bitcoin or anything else, they will only gamble because gambling is the only fast way. to get rich and be able to change their lives quickly.

But the facts are not in accordance with what they expected and in the end when they feel addicted they will waste their money and become poor so they forget about their family and even their wives and children, it all comes back to their mentality, if their mentality is still poor then they will forever be like that but If they are mentally successful, they usually know how to be successful.

[maydna]

...

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

Those who gamble want to make money, so they use their money by gambling and hope to win big. They also do not allocate a certain amount of money each month for gambling and only use whatever money they have to gamble. Because there is hope of winning, they continue to gamble to win.

They don't remember that they have more urgent needs, as you mentioned. And if they can be wise in using their money, maybe they won't gamble too often and would rather use it to meet their needs. But it is better to replace the percentage with money that you can afford because we don't need to provide money according to the percentage but the amount of money we can afford. This prevents large losses, especially since we need the money.

[madnessteat]

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

Usually, people who gamble from a lower middle class economy mostly hope to get rich quickly so they don't care about any losses they experience. On average, most of them never think about choosing to invest in Bitcoin or anything else, they will only gamble because gambling is the only fast way. to get rich and be able to change their lives quickly.

But the facts are not in accordance with what they expected and in the end when they feel addicted they will waste their money and become poor so they forget about their family and even their wives and children, it all comes back to their mentality, if their mentality is still poor then they will forever be like that but If they are mentally successful, they usually know how to be successful.

Non-wealthy people have a lack of education in finance and investing, and they are more likely to see cryptocurrencies as a scam, as this is the vision that many governments are laying down through television propaganda. They have a stereotype in their minds that investing requires a lot of money, and they do not realize that gambling is more risky than investing in cryptocurrencies.

[Mate2237]

When I see the thread I laughed because the question looks like someone who is just coming to the gambling field and want to know more the amount to be gambled but when I look at the OP, he is a Sr. man in the gambling section. Those percentages you mentioned is meant for those who are not into gambling for long run but just for fun and gambling to pass time. Real gamblers have no limit and no percentage, they gamble as the as the mind direct them and as they wish.

Addicted gamblers did/do not give percentage in their gambling. They gamble as the soul command and the mind tells them to play. And that is why there are sometimes they played everything they have and go home with empty hand. And come back in the next to with the hope of regaining their previous loss. As I said, real gamblers do not set a limit for their gambling.

[slapper]

...

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

well, if someone is poor from the start why would they gamble? instead of using their money for gambling, it is much better for them to use their money for better things such as buying milk for their children, saving money, or they can buy bitcoins in small amounts and that is much more profitable than hoping for luck in gambling which in the end will make them continue to be poor.

I have an idea for that why, it's all because they are so desperate that they think gambling would provide them a fortune when they hit a jackpot.
They were also deceived by a handful of winning, they tend to get excited and happy about it every time they win, disregarding the fact that they've lost multiple times and that those winning aren't half or quarter of the accumulated losses they made since day 1.
That cycle won't gonna break if they don't want to let themselves realize how foolish it is for them to continue spending on such useless things over their necessities.

I understand your perspective. People lose sight of reality in pursuit of a win. I find the hope-denial combo intriguing. They may win once or twice, then consider every loss a "near miss". I suppose it's like flushing money down the sink and being glad to find a penny in the trash. The illusion would collapse if they calculated every loss from their initial wager. Instead than dealing with reality, why not follow your dream? Very stupid

[ChuckBuck]

Those who gamble want to make money, so they use their money by gambling and hope to win big. They also do not allocate a certain amount of money each month for gambling and only use whatever money they have to gamble. Because there is hope of winning, they continue to gamble to win.

They don't remember that they have more urgent needs, as you mentioned. And if they can be wise in using their money, maybe they won't gamble too often and would rather use it to meet their needs. But it is better to replace the percentage with money that you can afford because we don't need to provide money according to the percentage but the amount of money we can afford. This prevents large losses, especially since we need the money.

Well, well, aren't you the moral compass of the gambling world? Now, cut through the nonsense; the reason people gamble is not that they're dumb or haven't heard your "groundbreaking" advice about budgeting. They gamble because they want to escape, feel the fun, or because they're just straight-up addicted. The "amount of money we can afford" logic is hillarious, but in practice, people rarely stick to it. Humans are f**king bad at assessing risks and rewards. You see, the issue isn't just budgeting; it's a lot deeper than that. Maybe sit down, and let those of us who understand the complexities take the stage. (not me though  )

[mirakal]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

Gambling is never an obligatory thing that one should actually engage in it. It’s an individual’s choice to gamble and to reserve an amount that you won’t be regretting once totally lost. However, for those who are only earning low income and have difficulty in making end meet, then do not pressure yourself to engage in gambling. Gambling can definitely wait, so do not be obsessed with it, and while you are busy thinking how to create luck and change your life’s status, just focus on looking for a stable job that will certainly put food on the table without relying on gambling on one side.

[$crypto$]

Non-wealthy people have a lack of education in finance and investing, and they are more likely to see cryptocurrencies as a scam, as this is the vision that many governments are laying down through television propaganda. They have a stereotype in their minds that investing requires a lot of money, and they do not realize that gambling is more risky than investing in cryptocurrencies.

It's an elevated thought if they still think cryptocurrencies are fraudulent currencies. That is a fact and until now many still think that because of a lot of government propaganda against bitcoin or crypto while people who do not have education in the field of investment, their minds will only be focused on the government not their own ideas or other inflation.

One more thing is that gambling is now considered normal and this is a habit to keep spending money to get rich quickly, the thinking of this scheme has always happened to middle to lower class people because in investing they cannot possibly earn 1 or two years so the shortcut is gambling but that is the wrong way.

[Chikito]

Real gamblers have no limit and no percentage, they gamble as the as the mind direct them and as they wish.

This looks like a hobby, not as a real gambler, because a gambler is a professional job that needs the skill to get money or profit. Your statement is the same as we exercise sports, golf, billiards,etc where we aren't professional jobs. Yes, when we exercise that sport, we don't need percentage and profit, we play as a hobby for fitness. That is different when profesional sport r gambling, they need win and percentage  for next step.

[Peanutswar]

Before when I gambled I make around 10 percent to 20 percent of my income for the whole month those are quite enough to make fun and entertainment to my gambling satisfaction but of course currently the inflation gets too expensive and its too hard to make a good savings at all so right now with the recent percentage get lessen sometimes it takes me over couple of months again before to play or just around 20 USD just to gambling with the sports or e-sports game. All or nothing game.

[Jody.Drummer]

Maybe in some countries, the standard of living is good, and people who work can earn a good income that allows them to lead a comfortable life. In such cases, it's easier for them to allocate a certain percentage for gambling. However, in poor countries where their income isn't even sufficient for a comfortable life, then they have no business gambling. In the end, it's not about the percentage but your capacity to gamble. I believe in the principle of gambling only what you can afford to lose, so if you can't afford to gamble, you should not venture into it.

Gambling is never an obligatory thing that one should actually engage in it. It’s an individual’s choice to gamble and to reserve an amount that you won’t be regretting once totally lost. However, for those who are only earning low income and have difficulty in making end meet, then do not pressure yourself to engage in gambling. Gambling can definitely wait, so do not be obsessed with it, and while you are busy thinking how to create luck and change your life’s status, just focus on looking for a stable job that will certainly put food on the table without relying on gambling on one side.

I'm not sure if that's true, but I've never thought that there are some people who say that gambling is an activity that everyone should do, and if there are people who say that, then I would ask what is the reason why they say that. I agree with you, and it is clear that this is just a hobby for fun, not for income or anything else, and maybe the people who say that are already addicted to gambling with some extraordinary sensations from the winnings they managed to get, so they seem to be trying to invite others to join their wrong mindset.

It should be like that, I mean don't let you (poor people) have an interest in gambling because obviously it will only make you worse and will only add to the problem, it is very dangerous for you because if you are addicted then you will get poorer and maybe you have no way to live anymore because everything you have is likely to be used for gambling, there are many cases like this and they even dare to steal just to gamble. Yes that's right don't get obsessed with gambling, it's not for the poor alone but for everyone. And yes I hope you live normally by relying on your main job only, and if possible do not touch gambling.

[maydna]

~snip~

Well, well, aren't you the moral compass of the gambling world? Now, cut through the nonsense; the reason people gamble is not that they're dumb or haven't heard your "groundbreaking" advice about budgeting. They gamble because they want to escape, feel the fun, or because they're just straight-up addicted. The "amount of money we can afford" logic is hillarious, but in practice, people rarely stick to it. Humans are f**king bad at assessing risks and rewards. You see, the issue isn't just budgeting; it's a lot deeper than that. Maybe sit down, and let those of us who understand the complexities take the stage. (not me though  )

Apart from running away, they also want to earn money from gambling. But some are curious and want to know what it's like to gamble. But we should gamble with the money we can afford even though not many people can do it. That's why not many people can stick to it because once they gamble, they will easily be tempted to continue trying to make money from gambling. Most of them will continue to gamble because they still hope to win from gambling and do not limit the use of their money. These people have to start making a budget for gambling and always stay within the limits so that they don't experience a lot of losses.

[fullhdpixel]

Before when I gambled I make around 10 percent to 20 percent of my income for the whole month those are quite enough to make fun and entertainment to my gambling satisfaction but of course currently the inflation gets too expensive and its too hard to make a good savings at all so right now with the recent percentage get lessen sometimes it takes me over couple of months again before to play or just around 20 USD just to gambling with the sports or e-sports game. All or nothing game.

I believe 20% is a very large amount even if you are earning a lot of money or less, it takes a big chunk of your salary which you can use for something more useful. However, it depends on one's personal preferences and their responsibilities. A person who has a family to take care of would probably not be able to use that much money just on gambling in a month because they will have a lot of responsibilities and we all know how hard it can get sometimes.

I also agree with you that inflation has badly affected almost every single thing that we used to do. Even if we talk about food and stuff and if we don't earn a lot of money we have to compromise on their quality since we can't buy high-quality ones as they are too expensive and it will drain our pockets.

[wxa7115]

Before when I gambled I make around 10 percent to 20 percent of my income for the whole month those are quite enough to make fun and entertainment to my gambling satisfaction but of course currently the inflation gets too expensive and its too hard to make a good savings at all so right now with the recent percentage get lessen sometimes it takes me over couple of months again before to play or just around 20 USD just to gambling with the sports or e-sports game. All or nothing game.

I believe 20% is a very large amount even if you are earning a lot of money or less, it takes a big chunk of your salary which you can use for something more useful. However, it depends on one's personal preferences and their responsibilities. A person who has a family to take care of would probably not be able to use that much money just on gambling in a month because they will have a lot of responsibilities and we all know how hard it can get sometimes.

I also agree with you that inflation has badly affected almost every single thing that we used to do. Even if we talk about food and stuff and if we don't earn a lot of money we have to compromise on their quality since we can't buy high-quality ones as they are too expensive and it will drain our pockets.

I also think using 20% of your income on anything other than paying your mortgage is simply too much, but each person should be able to decide on their own what they want to do with their money even if we do not agree with it.

However if possible we need to save as much money as we can despite the high inflation we are experimenting, since the more money we can save and invest now is money that we can put to work for us and reach retirement age with way more money than the average person.

[dansus021]

I actually dont really have budget for gambling tho if I want to 50$ is max  in a month but all my salary goes to other things especially bill and food you know the inflation is keep rising war is everywhere economic is unstable  I think the world is going to end soon.

so back to the question if you follow The 50/30/20 rule just dont above the 30% of the salary.

[noormcs5]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

It is better to set a suitable percentage of income for gambling where the risk will be low and there will be no negative effects. It is true that it is better to start small so that even if you lose it will not affect your personal life gambling is a recreational activity. While everyone's entertainment expenses will vary, a suggested maximum of 30 percent of your total entertainment budget seems appropriate so that you can spend on other leisure activities and keep your gambling at a healthy level. Winning is good because it pays to increase gambling action.

According to this guideline The Lower-Risk Gambling Guidelines, we should only invest 1% in gambling.  Why would you risk 30% of your income in gambling or even 5% is as told by the OP seems more.

The reason i am saying this is because gambling is not like investment, where you invest more and gain more. Here the risk is high and if you gamble with more money, chances are that you may lose them all. Better stick with 1% plan and gamble with a risk free mind without any tensions of losing money.

More details has been discussed here on Risking 1% in Gambling

[Ricardo11]

Everyone has their own decision, what percentage of their income a person will spend on gambling depends on his monthly or weekly income. Everyone will gamble according to their financial status and income. I spend 4% to 5% of my monthly income on gambling. But I don't gamble all the time. I mostly invest in Bitcoin and gamble occasionally.

[MFahad]

Your strategy is good as you limit the amount of money for gambling but if your limit increases after sometimes then gambling can be hazardous for you therefore keep control on your limits always. If someone has fix days on which they gamble and also they use minimum amount each week then gambling cannot be risky but if a person become regular gambler then it is not possible that gambler will quite gambling.

5 percent is a minimum amount and its okay to use such amount but if a person is spending whole salary on gambling then it does not sound better. If your luck does not help you to get profit then don't rush to use extra sum of money but wait for next week so in this case your loss will be reduces.

[Dewi Aries]

Everyone has their own decision, what percentage of their income a person will spend on gambling depends on his monthly or weekly income. Everyone will gamble according to their financial status and income. I spend 4% to 5% of my monthly income on gambling. But I don't gamble all the time. I mostly invest in Bitcoin and gamble occasionally.

It makes sense, about how much money will be allocated to gambling it really depends on a person's ability in terms of finance, if indeed they have a pretty good monthly income or above the average middle class person in his place then maybe if they are someone who  is quite active in gambling then the amount they will allocate as funds for gambling will be greater than people who have a middle to lower income, but sometimes it's not always like that.

There are also some people who have good finances but only put a small amount that if calculated is the same as the amount of funds put by the lower middle class, this is about understanding money and how someone can appreciate the money they have, no matter how rich or poor, or however large and small the amount of their income per month. So I think the amount of money that will be allocated to gambling is not fully known and we cannot if we only look at the size of their income to be able to conclude in terms of measurement. Another thing is the point is if you feel that the amount is not a problem to lose then please do it, and do not try to increase the amount.

[Assface16678]

Everyone has their own decision, what percentage of their income a person will spend on gambling depends on his monthly or weekly income. Everyone will gamble according to their financial status and income. I spend 4% to 5% of my monthly income on gambling. But I don't gamble all the time. I mostly invest in Bitcoin and gamble occasionally.

More like everyone has a different percentage of their income that goes for their gambling habit, and we can't be sure if all the gamblers or the ones that've been answered in this topic really follow the percentage that they have given. I'm sure most don't have a track record of how much they have used for gambling in a week. Let's not be hypocrites; most people use money beyond their budget just to gamble. Not everyone has the strong will and control to limit their gambling expenses. To be honest, as I have a limit on what percentage I can use for gambling, I sometimes go beyond my limit, especially if I'm in a zone, but that zone is the winning zone because I have a strong boundary or limit if I know that my money is going overboard on my gambling limit. If, for example, I win quite a lot, then I will secure the initial capital and gambler the rest of the money until I'm satisfied with whether I earn or not, as long as the capital is safe already.

[pinggoki]

More like everyone has a different percentage of their income that goes for their gambling habit, and we can't be sure if all the gamblers or the ones that've been answered in this topic really follow the percentage that they have given. I'm sure most don't have a track record of how much they have used for gambling in a week. Let's not be hypocrites; most people use money beyond their budget just to gamble. Not everyone has the strong will and control to limit their gambling expenses. To be honest, as I have a limit on what percentage I can use for gambling, I sometimes go beyond my limit, especially if I'm in a zone, but that zone is the winning zone because I have a strong boundary or limit if I know that my money is going overboard on my gambling limit. If, for example, I win quite a lot, then I will secure the initial capital and gambler the rest of the money until I'm satisfied with whether I earn or not, as long as the capital is safe already.

I do think so too that they have a hard time keeping that percentage strict because I feel like it's too constricting but that's just me and maybe you and me are just a bit skeptical about people and that there are people out there that can really keep that percentage and we're just a really bad at keeping a strict percentage for our gambling funds so we think that other people are being reckless and don't follow what percentage they've assigned. I'm the same as you, I almost always go overboard with my gambling but I do have an ample amount of funds so I don't do so much damage in my pocket whenever I gamble.

[Z390]

I always do well with risking one percent of my income on gambling, I can easily lose the money you know, so one percent won't do any hurt to my or my portfolio, nothing feels better than using what wont even hurt at all, and I know this will be harder for those who really want something better from gambling, no risk no reward they say but the higher the risk you are taking the exposure to greater loses for you.

And most gamblers that use more money are those who don't have ways to make money in their lives, maybe due to lack of no job in their country or harsh economy, but the truth need to be told, those who are suppose to be more careful with gambling are those who makes less money, because if you are making more money you will be able to take more risks in gambling. 

That's why having a job is very important, do not use gambling to solve your jobless problem, it's like using kerosene to take out a fire outbreak, that's not the solution, have a source of income first then use some money to start risking on gambling, you will have some losses and some wins but you will feel alright with yourself, knowing that you aren't jobless and money still comes in.

[maydna]

Everyone has their own decision, what percentage of their income a person will spend on gambling depends on his monthly or weekly income. Everyone will gamble according to their financial status and income. I spend 4% to 5% of my monthly income on gambling. But I don't gamble all the time. I mostly invest in Bitcoin and gamble occasionally.

That is a sufficient percentage of a budget for gambling because it is not too big and not too small. And as long as you can control yourself when gambling, that percentage will be enough for gambling. And it is indeed better if the money from your monthly income is used to invest in bitcoin because it promises more profits in the future. By allocating the percentage amount you want in gambling and also investing in bitcoin, you can enjoy gambling activities as intended. You can also make a profit when the price of bitcoin increases. We must be able to maintain the percentage amount for gambling and must not increase the amount of money because that could provide a greater risk of loss.

[Westinhome]

That is a sufficient percentage of a budget for gambling because it is not too big and not too small. And as long as you can control yourself when gambling, that percentage will be enough for gambling. And it is indeed better if the money from your monthly income is used to invest in bitcoin because it promises more profits in the future. By allocating the percentage amount you want in gambling and also investing in bitcoin, you can enjoy gambling activities as intended. You can also make a profit when the price of bitcoin increases. We must be able to maintain the percentage amount for gambling and must not increase the amount of money because that could provide a greater risk of loss.

The gambling need of the sufficient budget to make the good win from the gambling site.Most of the people forgot the importance of the big betting as compared to the small betting.The gamblers thought making the small bet for the safer side,but the fact is the more you deposited will help you to end the game because of the no capital at the end.If you wagger to the dice game,if you start with 50 dollars.The game may end with the no money because of the less initial.If you start with the good money,then you can lay multiple time.If you start with the 200,the game may change to your side at the value of 50 dollars from 200 dollars.But the 50 dollars initial may leads to complete loss.

[maydna]

~snip~

The gambling need of the sufficient budget to make the good win from the gambling site.Most of the people forgot the importance of the big betting as compared to the small betting.The gamblers thought making the small bet for the safer side,but the fact is the more you deposited will help you to end the game because of the no capital at the end.If you wagger to the dice game,if you start with 50 dollars.The game may end with the no money because of the less initial.If you start with the good money,then you can lay multiple time.If you start with the 200,the game may change to your side at the value of 50 dollars from 200 dollars.But the 50 dollars initial may leads to complete loss.

But every gambler must know that even though he has a sufficient budget, gamblers must also know that they cannot always win from gambling, so they also don't need to gamble too seriously and just enjoy gambling. By betting small, at least gamblers have tried to prevent big losses and can also play gambling longer. But they also have to maintain good self-control so they can prevent more losses. What we have to remember is that we only need to use the money we can afford to gamble and not gamble for too long because that can make us tempted to try other gambling games. Only we know what percentage of money we can use to play gambling because we have to calculate all the money we get from our income, and then we can use what percentage to play gambling. Perhaps 5% -10% is enough to be a budget for gambling.

[wiss19]

Your strategy is good as you limit the amount of money for gambling but if your limit increases after sometimes then gambling can be hazardous for you therefore keep control on your limits always. If someone has fix days on which they gamble and also they use minimum amount each week then gambling cannot be risky but if a person become regular gambler then it is not possible that gambler will quite gambling.

5 percent is a minimum amount and its okay to use such amount but if a person is spending whole salary on gambling then it does not sound better. If your luck does not help you to get profit then don't rush to use extra sum of money but wait for next week so in this case your loss will be reduces.

The amount one will use depends on how deep one has gone in the ocean of gambling addiction. A person with no addiction at all wouldn't spend more than a fixed amount no matter how much it is, it doesn't always have to be 5% of the total income because a lot of people can use more than that without having any other things in their lives getting disturbed. An addicted gambler would know no stopping as long as they have money because they usually tend to lose first and then chase their losses and then lose more in that process.

So, not every gambler will spend all their salary on their gambling activities but not everyone will use 5% or anything around that. Those who gamble with a minimal amount or percentage of their income wouldn't increase their limit unless they know they can afford to do that but there is no point because they don't gamble for money and one can have fun even with a smaller amount.

[Ever-young]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Whether 2, 5, 10 or whatever percentage anyone choose to use shouldn't really be a problem, as long as you don't gamble into other budgets, every gambler has their own preferences, what works for you may not work for me, and vice versa, maybe 5% works perfectly fine for you, doesn't mean someone else has to go with the same percentage in other to be considered a responsible gambler, some weeks, I can go with 5% and sometimes I can go with 10, it does vary, but the most important thing is that I don't let it cut deep into other budgets,l. So everyone should stick to what works best for them.

[Davidvictorson]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

For anyone who is still confused about the appropriate percentage of income for gambling after reading this thread, I recommend that, whatever percentage you feel comfortable with, you should split it into three parts. Spend the lowest percentage on gambling. As you begin to get the hang of it and experience fewer losses, you can then go ahead and split the percentage into two parts, using one half. Continue this process until your wins exceed your losses. Then you stop splitting it.  This is my personal strategy that has worked for me.

[Antotena]

The gambling need of the sufficient budget to make the good win from the gambling site.Most of the people forgot the importance of the big betting as compared to the small betting.The gamblers thought making the small bet for the safer side,but the fact is the more you deposited will help you to end the game because of the no capital at the end.If you wagger to the dice game,if you start with 50 dollars.The game may end with the no money because of the less initial.If you start with the good money,then you can lay multiple time.If you start with the 200,the game may change to your side at the value of 50 dollars from 200 dollars.But the 50 dollars initial may leads to complete loss.

I don't think you need money to win big amount of money and you also need a big amount. With small amount in wager, you can win big amount with either a high multiplier of you do casino and you can also do that in betting with high odds but this is based on luck as well, your predictions will most likely break along the line and are difficult to win but people are also making here once in a blue moon.

Using big amount is also a good master plan and with small multiplier or odd and you will win but it doesn't guarantee the success, if you are reckless plaster any money without good skills, good thinking of next move, you will not make a cent from the gambling platform. In everything you do in gambling, just make sure that you have good skills that will give you good returns and gamble responsibly.

[Mahanton]

The gambling need of the sufficient budget to make the good win from the gambling site.Most of the people forgot the importance of the big betting as compared to the small betting.The gamblers thought making the small bet for the safer side,but the fact is the more you deposited will help you to end the game because of the no capital at the end.If you wagger to the dice game,if you start with 50 dollars.The game may end with the no money because of the less initial.If you start with the good money,then you can lay multiple time.If you start with the 200,the game may change to your side at the value of 50 dollars from 200 dollars.But the 50 dollars initial may leads to complete loss.

I don't think you need money to win big amount of money and you also need a big amount. With small amount in wager, you can win big amount with either a high multiplier of you do casino and you can also do that in betting with high odds but this is based on luck as well, your predictions will most likely break along the line and are difficult to win but people are also making here once in a blue moon.

Using big amount is also a good master plan and with small multiplier or odd and you will win but it doesn't guarantee the success, if you are reckless plaster any money without good skills, good thinking of next move, you will not make a cent from the gambling platform. In everything you do in gambling, just make sure that you have good skills that will give you good returns and gamble responsibly.

Small bets could make out some huge winning basing up whether you are doing some parlays or hitting up some slot jackpots or huge multipliers but other than that, there's no way that you could be able to attain those
numbers. When it comes to budget allocation then spending up 12% with your income is really just that too much or something not that recommendable. I highly doubt that there are even more people who do spend more than with those percentages on which it is really just that not a good idea because you are really that putting yourself at great risks on losing more.

We do have different priorities in life on which it would really be just that normal that we shouldnt really be spending up on the money that we cant afford to lose and heck
spending a huge chunk into your salary with gambling is simply a suicide and its never been that recommendable in the first place on having that kind of
spending. Only spend a few percentage and not a huge deduction into your overall salary or pay.

[Sandra_hakeem]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble.

5% of your weekly income?? Goodness lord..do you mean what you get in here from campaigns or?? What type of job pays weekly? How about the peeps that don't get Thier stipends on weekly basis, is this question also for them?...if you're actually a heavy staker, your weekly bankroll of atleast 5% of your stipend doesn't even deem your urge, talk more of the monthly salary earners; (In most cases,a satisfactory bankroll would consume almost everything everything before it' gets to MAYDAY)

I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Right?any percentage is okay... You could also decide not to gamble at all..

Sandra 🧑‍🦰

[letteredhub]

I always do well with risking one percent of my income on gambling, I can easily lose the money you know, so one percent won't do any hurt to my or my portfolio, nothing feels better than using what wont even hurt at all, and I know this will be harder for those who really want something better from gambling, no risk no reward they say but the higher the risk you are taking the exposure to greater loses for you.

People's sources of income differs and how the money flows in percentage also differ. There are people that are traders, skill or craftman, their income amount isn't stable it comes in scattered amounts . These group of persons as gamblers can really stick to a particular percentage for their gambling, except they just have to stick to the principal of gambling responsibly.

And most gamblers that use more money are those who don't have ways to make money in their lives, maybe due to lack of no job in their country or harsh economy, but the truth need to be told, those who are suppose to be more careful with gambling are those who makes less money, because if you are making more money you will be able to take more risks in gambling. 

You nailed it in a way that it suites my reading pleasure as it's something of a practical experience I am observing among youths in my country as there's limited job opportunities and you have to see even school graduates spending most of their entire day in the gambling hall in the hope that they can maintain an income source from gambling, and every little money they have it's straight to gamble they bets on sports bets which is one of the most popular games they bet on over here. If you have a job that's giving you a steady monthly or weekly income  you won't have the time to spend daily in the bet halls, and that can limit how much risk you regularly take and how bets you make as there's no always a free time for you.

[danherbias07]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

It is better to set a suitable percentage of income for gambling where the risk will be low and there will be no negative effects. It is true that it is better to start small so that even if you lose it will not affect your personal life gambling is a recreational activity. While everyone's entertainment expenses will vary, a suggested maximum of 30 percent of your total entertainment budget seems appropriate so that you can spend on other leisure activities and keep your gambling at a healthy level. Winning is good because it pays to increase gambling action.

According to this guideline The Lower-Risk Gambling Guidelines, we should only invest 1% in gambling.  Why would you risk 30% of your income in gambling or even 5% is as told by the OP seems more.

The reason i am saying this is because gambling is not like investment, where you invest more and gain more. Here the risk is high and if you gamble with more money, chances are that you may lose them all. Better stick with 1% plan and gamble with a risk free mind without any tensions of losing money.

More details has been discussed here on Risking 1% in Gambling

I do agree with that number. I invest only less than 5% of my salary for my gambling habit and I don't even have a high monthly salary so that is why. 1 percent might not make me hit the RTP so I have to add some just so I could prolong my playing time. Some 3 percent or 4 percent but I don't beyond that because for me it's wrong and it's being irresponsible if you have a family to take care of.
It's a habit, a bad one, just like smoking and alcohol that's why there should be moderation when it comes to how much money we are going to fund our habits.
I already stopped smoking so that's less expense for me and I don't want that excess money to go to another habit so just putting a little money should suffice just so I could entertain myself by betting on sports that I love and maybe win some in casino games that I usually play and enjoy too.
It's not bad to satisfy our urges to gamble but as long as we know the limit then I think we are still good to go. Stop when there's no money left, don't keep on chasing what can never be attained back. It's just fantasy most of the time.

[lionheart78]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble.

5% of your weekly income?? Goodness lord..do you mean what you get in here from campaigns or?? What type of job pays weekly? How about the peeps that don't get Thier stipends on weekly basis, is this question also for them?...if you're actually a heavy staker, your weekly bankroll of atleast 5% of your stipend doesn't even deem your urge, talk more of the monthly salary earners; (In most cases,a satisfactory bankroll would consume almost everything everything before it' gets to MAYDAY)

You can calculate your weekly income even if you are paid bi-monthly, monthly, quarterly, semi annually or annually.  Even daily income can be calculated.  From that statement of 5% weekly income, it means 20% of the monthly income. 

For me as long as that amount can be afforded to lose, I do not find any problem spending that amount.  Any percentage is good as long as the person can afford to lose that amount.

I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Right?any percentage is okay... You could also decide not to gamble at all..

No, I disagree that any percentage is ok, any percentage that  a person cannot afford to lose, is a bad move.  Like spending the amount for gambling that is allocated for  monthly bills, that is a no no for me.

[TelolettOm]

As everyone's income is not the same that is different from each other, the percentage that needs to be spent depends on the individual's income and expenses. If someone with a good income spends 12 percent a week, it will not be a problem, but for a person with a low income, it will behave negatively. Already some users have suggested using 5 percent which is definitely a good percentage for gambling. If a gambler regularly spends this small portion of their income on gambling then their gambling will not affect their personal life.

Dude, I think it is not about the percentage of the monthly income but it is about the amount of money used for gambling. If we are talking about the percentage, it can be the same for all level of financial status. But if we are talking about the amount of money, surely it will be very different. 1% monthly income of a rich person must be different with 1% of monthly income of a poor one. I hope you get the point!  

5% is enough to use for gambling if you are just an average gambler. But if you are a professional gambler, you may use bigger percentage because you know well how to get bigger money from the gambling games. So, we can adjust the percentage of income to use in gambling according to our purpose. If the focus is for entertainment, we shouldn't spend much money.

[Wakate]

Everyone has their own decision, what percentage of their income a person will spend on gambling depends on his monthly or weekly income. Everyone will gamble according to their financial status and income. I spend 4% to 5% of my monthly income on gambling. But I don't gamble all the time. I mostly invest in Bitcoin and gamble occasionally.

The percentage we want to put into betting should be based on how much we are making outside gambling. Those that has money and are working in a place where they are paid huge amount of money can always determine how much they will be putting into gambling.
 
To determine how much we are putting into gambling should be based on how much we are making from betting. Those that have made lots of profits from betting will not bother much on how much they will be using to bet since the money is still part of the overall profits they had made from gambling. To those that had not made much profits from gambling, it is good for them to based their percentage on low and not spend too much gambling for premium safety.

[$crypto$]

The percentage we want to put into betting should be based on how much we are making outside gambling. Those that has money and are working in a place where they are paid huge amount of money can always determine how much they will be putting into gambling.
 
To determine how much we are putting into gambling should be based on how much we are making from betting. Those that have made lots of profits from betting will not bother much on how much they will be using to bet since the money is still part of the overall profits they had made from gambling. To those that had not made much profits from gambling, it is good for them to based their percentage on low and not spend too much gambling for premium safety.

Use the smallest possible percentage for gambling from your monthly income even if you have a large salary out there while you increase the percentage then it is quite worrying because of the fear of increasing the amount of the percentage because we feel we have a large salary.

That's my current rule of thumb in gambling, depending on how I win in it: for example, I have won in any gambling and have exceeded the initial capital limit, then it will be set aside in gambling to continue some of it is withdrawn for other purposes maybe fun outside gambling.

If I lose, it will be put back a small percentage like the original plan above.

[Oilacris]

The percentage we want to put into betting should be based on how much we are making outside gambling. Those that has money and are working in a place where they are paid huge amount of money can always determine how much they will be putting into gambling.
 
To determine how much we are putting into gambling should be based on how much we are making from betting. Those that have made lots of profits from betting will not bother much on how much they will be using to bet since the money is still part of the overall profits they had made from gambling. To those that had not made much profits from gambling, it is good for them to based their percentage on low and not spend too much gambling for premium safety.

Use the smallest possible percentage for gambling from your monthly income even if you have a large salary out there while you increase the percentage then it is quite worrying because of the fear of increasing the amount of the percentage because we feel we have a large salary.

That's my current rule of thumb in gambling, depending on how I win in it: for example, I have won in any gambling and have exceeded the initial capital limit, then it will be set aside in gambling to continue some of it is withdrawn for other purposes maybe fun outside gambling.

If I lose, it will be put back a small percentage like the original plan above.

Use of the percentage on which we can really be able to say that it would really be something that cant really affect our finances and not something that will really be able to devastate
when it comes to financial. It is really just that part of our responsibility for us to have  that kind of consideration and being that mindful about on the money that we are spending.
You wont really be putting up yourself on such big trouble if you are really just that aware on what you are doing because gamblers do usually even fail on doing the basic things
when it comes to spending. They would really be that able to realize things when its already too late. You cant really that make yourself that profitable all the time with gambling.

[Sanugarid]

I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?

Budgeting is important especially for gambling, I also use 5% for gambling. I also don't gamble often, maybe I only gamble once or twice in 1 month, there are even times when I don't gamble for the whole month. I'm also very busy and if I have time, I often don't spend that free time on gambling. It's really fun to play gambling but while you're playing you shouldn't overcommit to it because it's very dangerous if you let yourself become an addict or an irresponsible gambler.
Luckily I never became an addict and I don't look for gambling.

[Cookdata]

Use the smallest possible percentage for gambling from your monthly income even if you have a large salary out there while you increase the percentage then it is quite worrying because of the fear of increasing the amount of the percentage because we feel we have a large salary.

That's my current rule of thumb in gambling, depending on how I win in it: for example, I have won in any gambling and have exceeded the initial capital limit, then it will be set aside in gambling to continue some of it is withdrawn for other purposes maybe fun outside gambling.

If I lose, it will be put back a small percentage like the original plan above.

There is nothing that beat proper planning especially when it comes to anything thag involved money. When you see people say use a percentage from your monthly income(most often than not 1%), some others think it's an exaggeration but to be honest, nothing beat that in gambling. Sometimes, I will be just on Twitter having my normal time on timeline and then I saw a betting codes from a friend and I get tempted to bet on such games but when I remember that I have an allocation and I can't gamble more than that, I stopped instantly.

When you are limited with an allocation, it gives you time to think before pressing stake orbet because as soon as you bet that money, then you know it's not coming back, the coming is under a probability and doing unnecessary and wasting money on bets is limited, with that even addiction becomes very low as you don't even get chances of becoming addicted gambler.

[Obari]

What percentage of weekly income do you think is right for gambling?

I’ve seen a story where a family man with about 4 kids worked for over 8 months but kept telling his family that he wasn’t working and it was later discovered that he was earning over $500 monthly but gambled 100% of his earnings and couldn’t even meet up with life and he even had to borrow to gamble but his better now according to the recent stories I’ve heard now and that’s why his story came to my mind when I saw your thread.

I like it when I see people having a goal and principles and strife to keep to it especially in gambling because I know it is always difficult to determine one’s percentage of income imputed in gambling because it is always unpredictable.

[Westinhome]

I’ve seen a story where a family man with about 4 kids worked for over 8 months but kept telling his family that he wasn’t working and it was later discovered that he was earning over $500 monthly but gambled 100% of his earnings and couldn’t even meet up with life and he even had to borrow to gamble but his better now according to the recent stories I’ve heard now and that’s why his story came to my mind when I saw your thread.

I like it when I see people having a goal and principles and strife to keep to it especially in gambling because I know it is always difficult to determine one’s percentage of income imputed in gambling because it is always unpredictable.

If the gambler is the family man,the story will be different compared to the gambler who is working bachelor.The gambler who are financially independent when he is bachelor and he can use the money 10-20 percentage of their salary without any hesitation.But the family man should answer to their wife for every expenses made on their salary.Since he had informed their wife about their monthly salary and expenses made by him.

Before the marriage one can do the target in their life and work for the same.But the life after the marriage was not same before it was to him.This was the reason for which the gambler who doing the gambling after the marriage will try to do gambling without the knowledge of their family.If he had win money from the gambling,their was huge chance of the gambler to share their gambling activities to their family.

[wallet4bitcoin]

The ideal percentage needed for gambling and trading is about the same, somewhere around 3-5% is termed ideal.

It makes you stay disciplined and stay on course without over spending and getting wrecked as well as getting addicted.

Your normal expenditure in real life isn't disturbed by your gambling life as a result of the percentage.