Appropriate percentage of income for gambling

[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