Appropriate percentage of income for gambling

[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.

[1714693437]

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[1714693437]

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[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.