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Author Topic: Not keeping records makes me a bad gambler?  (Read 1718 times)
knowngunman
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October 24, 2023, 04:59:21 PM
Last edit: October 24, 2023, 06:17:58 PM by knowngunman
 #161

I don't keep any records because there's no reason for me to do so. Keeping a record will remind me how much money I've lost via gambling, which will frustrate me. Grin I know that the money spent for gambling are more like money spent for entertainment purposes, but it still kinda sucks, when you see how much you have spent on such unproductive hobby as gambling.

  Grin Grin Grin I'm on the same page with you on this. I know that keeping records definitely has a role to play in one's gambling activity and might help to check some things that will help improve our decisions but doing that is not healthy to me and will make me regret doing that. Like how you feel seeing reasonable amount you could have used for something meaningful wasted on gambling? It can influence one to make more dangerous decision because you'll be eager to make a come back and recover what you have wasted and you end up losing more.

It makes no sense in my opinion because keeping record will never have effect on the outcome of your gambling. The highest thing you'll get from that is to stay off from gambling when you discover that you are losing much to gambling and guess what, you have deny yourself the joy and fun in gambling by keeping the record. It's absolutely a waste of time to me at least for now.

R


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October 24, 2023, 04:59:42 PM
 #162

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?

I think that in the last century it was necessary to keep records, but today it is not necessary at all. After all, gambling apps and websites are always ready to provide full statistics on all wins and losses. In general, the best indicator of any gambler's statistics is the amount of money on his deposit.
Accordingly, if there is nothing there, then everything with such a player is clear. There are already no records needed. And to avoid this, you need to own money management.

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October 24, 2023, 05:03:13 PM
 #163

It is only a professional gambler who has taken on gambling as a career that would keep records. For me I think the reason why such a person would keep record is one to keep track of their profits and losses, for tax purposes, and maybe any other reason. Regular gamblers like you and I do not keep any record because we see no importance in doing so. But we will not fail to recall our losses and wins if there is ever a need for that during a conversation.

Even being a professional gambler is not a yardstick to keep track of our gambling records on archive because if we look at how gambling is in general terms, we looses more than we make win while gambling, then why should we do this when we know it would result to nothing than being self disappointed, except if we are gambling on any other specific purpose that requires for accountability whereby we must keep records of all our gambling experience and betting slips.

R


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October 24, 2023, 06:28:39 PM
 #164

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
Keeping records of all the winning and losses will be very difficult because is something that has to do with years and there is a likelihood that you could even lost count along the line but however if most people were able to have all the records of there losses it could make them not to gamble again because calculating all the money they lose it could be up to millions and they will start imagining what they would have achieved if they had saved the money instead.

So for me I don't think there is need for me to have all the records of my past wining and losses because it could affect me emotionally seeing all the money I wasted on gambling so the best way for me is just to focus on the present and leave the past.

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October 24, 2023, 07:04:53 PM
 #165

It is only a professional gambler who has taken on gambling as a career that would keep records. For me I think the reason why such a person would keep record is one to keep track of their profits and losses, for tax purposes, and maybe any other reason. Regular gamblers like you and I do not keep any record because we see no importance in doing so. But we will not fail to recall our losses and wins if there is ever a need for that during a conversation.

I accept the aspect of tax purposes if the gambler is in the country where tax is levied on the winnings from gambling. This is to take direct check on how much has come in as profit and losses to know how much the tax office is to deduct or not to incase there is no winning. Apart from that, I don't expect professional gambler to worry himself about taking record of how much he wins since he is a professional meaning he must be in profit. Those who will worry about records are those who record losses more to take account of their expenses. Generally, it is more tedious to start taking record on gambling expenses and winnings if you are a regular player.

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October 24, 2023, 09:47:04 PM
 #166

This is very correct and I don't expect anyone just to gamble without proper records of happenings around you and regards to several factors that have a much-rooted impact on our overall gambling life and such vital areas that we need to keep records of are.
1 the amount of deposits per time or week, you separate into two categories, the first category is to check how much you deposit on a daily, then the second category is your weekly deposits,  all this needs to be recorded in other to be able to plan ahead of your future spending and possible adjustment.
2: another aspect that needs a timely record is the area of how much time you spend gambling,  per day anweekks also, since your total timing almost equals how many wagers you may have made.

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October 24, 2023, 09:49:59 PM
 #167

It is only a professional gambler who has taken on gambling as a career that would keep records. For me I think the reason why such a person would keep record is one to keep track of their profits and losses, for tax purposes, and maybe any other reason. Regular gamblers like you and I do not keep any record because we see no importance in doing so. But we will not fail to recall our losses and wins if there is ever a need for that during a conversation.
If yes, we can see how much money we make from gambling. And that should make us think about what we should do in gambling. Will we continue gambling but try to reduce the amount of money so as not to experience more losses or should we stop gambling because we will lose more? Everything will be a lesson for us to return to our original goal of gambling, where we gamble just to get pleasure. And when we get that pleasure, we must be able to stop before we lose control of ourselves in gambling.

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October 24, 2023, 10:47:47 PM
 #168

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?
If it is something that you don't do regularly, like once in a few months, then I don't think you have to keep records of anything as long as you haven't gambled heavily. But another reason to keep records of your profit is because of the taxes. If you win big, you must report it and pay your taxes on what you have won. And also if you are a regular gambler, then yes, it is best to keep records for your own good. It will help you organize financial costs/aspects more easily. It will also help you know if you are spending over the limit or not and if you should stop soon.

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October 24, 2023, 10:58:15 PM
 #169

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?
If it is something that you don't do regularly, like once in a few months, then I don't think you have to keep records of anything as long as you haven't gambled heavily. But another reason to keep records of your profit is because of the taxes. If you win big, you must report it and pay your taxes on what you have won. And also if you are a regular gambler, then yes, it is best to keep records for your own good. It will help you organize financial costs/aspects more easily. It will also help you know if you are spending over the limit or not and if you should stop soon.
Even if we do say that you are playing on everyday but doesnt mean that you would really needing to have that track of your gambling expense or betting yet seeing those numbers in accumulation would really be just making you that desperate on the time that you are seeing some significant amount and this is the main reason on why i dont really make myself having those tracks because instead on giving out benefit, it would really be that rather giving out that kind of negative impact into you. Well, it does really depend on a certain person because not all would really be that
confident about their spending and this is why they would really be needing that track but in overall it doesnt really have make sense because you would really be still be continuing on doing gambling.
What matter the most on here is that you should really be having that kind of moderation in terms of spending money with gambling because having no control would really be ending up
into those impulsive approach which we know that it would really be a huge disadvantage.

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October 25, 2023, 05:18:47 AM
 #170

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Is there even a need for one to keep such records? I don't see any reason for me to start doing that because I don't give financial records or statements to anyone based on my gambling activities.


But ser, if you're a casino regular, then regular recording-keeping of your gambling wins/losses is not something for you to share with someone. It's for YOU to reflect on your gambling activities, and if you're actually winning, or it could also be to know how much you're losing and if your weekly/monthly budget can take it.

But if you're rich who can gamble to lose/for entertainment, no need for record-keeping. But if you're merely a pleb, then you better know how much of your monthly salary is going to your gambling habit.

Quote
 
But given this second lesson, there is really a need for anyone who gambles frequently to keep this kind of record, as this might help them reflect on how they gamble, as many people might consider gambling a business, so with such a record, you can be able to determine if you are spending more than you expect on gambling and losing more than you have put in, which can either be used to reduce someone's gambling activities or increase them, although without even booking this down on a note, one can always go back to the gambling site and get the bet history, unless those casinos only allow users to view up to a certain period.


YES!

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October 25, 2023, 05:23:32 AM
 #171

I don't think you can be called a bad gambler if you don't record your losses and wins here.
If it's just entertainment for you, you don't need to record it. I also don't record my gambling losses and wins because for me I don't need to record them because I'm not good at gambling either and I can only see the money I lose growing. If you enjoy it and control yourself when it comes to gambling, I don't think there is a problem. I think that's only for serious gamblers and professionals who keep track of their winnings and losses so they know if what they've been doing lately is good.
I think most gamblers will never record the history of the results of their gambling and when they want to see it they might just look at the casino betting statistics history feature.
Whether it is gamblers who are just having fun or those who are looking for profit will not do it.
In fact some gamblers feel regret when looking at their betting history because they know how much they have lost so far.

If there is maybe just history of betting on the same day or time.
Because at the same time they will calculate the amount of losses and wins to be able to think and take what steps to take whether they are still able to continue or not.
That is only done by professional gamblers as you have said.

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October 25, 2023, 08:13:44 AM
 #172

I think most gamblers will never record the history of the results of their gambling and when they want to see it they might just look at the casino betting statistics history feature.
Whether it is gamblers who are just having fun or those who are looking for profit will not do it.
In fact some gamblers feel regret when looking at their betting history because they know how much they have lost so far.

If there is maybe just history of betting on the same day or time.
Because at the same time they will calculate the amount of losses and wins to be able to think and take what steps to take whether they are still able to continue or not.
That is only done by professional gamblers as you have said.
Looking at the history of gambling results can trigger our emotions to become irregular because we will be sad if we see the many losses we have experienced, especially if we also see the comparison between deposits and withdrawals. It turns out that the deposits are greater than the withdrawals. I don't have records of my gambling games because I don't need them and until now, I think I can still handle my gambling well even though I also experience losses like other gamblers.

If people who record the history of their gambling results can reduce their gambling activities and be stricter in how they use their money, that will be good for them because at least it can help them control their money. And they can also avoid losing a lot of money and can avoid gambling addiction.

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October 25, 2023, 12:38:42 PM
 #173

I think most gamblers will never record the history of the results of their gambling and when they want to see it they might just look at the casino betting statistics history feature.
Whether it is gamblers who are just having fun or those who are looking for profit will not do it.
In fact some gamblers feel regret when looking at their betting history because they know how much they have lost so far.

If there is maybe just history of betting on the same day or time.
Because at the same time they will calculate the amount of losses and wins to be able to think and take what steps to take whether they are still able to continue or not.
That is only done by professional gamblers as you have said.
Looking at the history of gambling results can trigger our emotions to become irregular because we will be sad if we see the many losses we have experienced, especially if we also see the comparison between deposits and withdrawals. It turns out that the deposits are greater than the withdrawals. I don't have records of my gambling games because I don't need them and until now, I think I can still handle my gambling well even though I also experience losses like other gamblers.

But I don't think it will always be like that either, meaning that not everyone when they see the calculation of the amount of deposits and withdrawals will become emotional and even worse in gambling, and I think what is more effective is that in this way they will find out that they have gone very far in gambling by seeing that the number of defeats is much higher, and also in my opinion this will be able to make them realize that this is really gambling that only relies on luck, and also besides that they might change their mindset for the better and not too much.

If people who record the history of their gambling results can reduce their gambling activities and be stricter in how they use their money, that will be good for them because at least it can help them control their money. And they can also avoid losing a lot of money and can avoid gambling addiction.

I think this is indeed a pretty good laternative for every gambler to do, whether it's those who are already addicted or for those who think gambling is normal. It's like a business where management is very important, so in this way maybe I think as I said above and what you said, the chances are quite high that they will think that they will reduce their gambling budget and also of course they will apply more firm self-control when gambling. Basically prevention is always going to be better than cure.

.
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October 26, 2023, 05:15:05 AM
 #174

But I don't think it will always be like that either, meaning that not everyone when they see the calculation of the amount of deposits and withdrawals will become emotional and even worse in gambling, and I think what is more effective is that in this way they will find out that they have gone very far in gambling by seeing that the number of defeats is much higher, and also in my opinion this will be able to make them realize that this is really gambling that only relies on luck, and also besides that they might change their mindset for the better and not too much.
Indeed, not everyone will become emotional when they see the comparison between deposit and withdrawal amounts because it depends on a person's perspective, especially if that person makes the notes just to find out how much money has been used for gambling. And if they realize this month they have deposited more than the previous month, they really need to reduce it and see how their finances stand. It could be that having a gambling record can make him aware of staying within his limits so that he doesn't gamble excessively and can still enjoy gambling as entertainment.

I think this is indeed a pretty good laternative for every gambler to do, whether it's those who are already addicted or for those who think gambling is normal. It's like a business where management is very important, so in this way maybe I think as I said above and what you said, the chances are quite high that they will think that they will reduce their gambling budget and also of course they will apply more firm self-control when gambling. Basically prevention is always going to be better than cure.
Having a record of his gambling journey can keep him from exceeding his limits so he won't try to spend more money just to gamble. But there are also people who don't keep notes about their gambling because they think they can still care for themselves while gambling and don't overdo it. They can still gamble sufficiently and have a budget for gambling and do not exceed the budget for gambling. And yes, prevention will always be better than cure.

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October 26, 2023, 10:25:31 AM
 #175

But I don't think it will always be like that either, meaning that not everyone when they see the calculation of the amount of deposits and withdrawals will become emotional and even worse in gambling, and I think what is more effective is that in this way they will find out that they have gone very far in gambling by seeing that the number of defeats is much higher, and also in my opinion this will be able to make them realize that this is really gambling that only relies on luck, and also besides that they might change their mindset for the better and not too much.
Indeed, not everyone will become emotional when they see the comparison between deposit and withdrawal amounts because it depends on a person's perspective, especially if that person makes the notes just to find out how much money has been used for gambling. And if they realize this month they have deposited more than the previous month, they really need to reduce it and see how their finances stand. It could be that having a gambling record can make him aware of staying within his limits so that he doesn't gamble excessively and can still enjoy gambling as entertainment.

Well more precisely like that maybe, we just find a middle ground and as you said whether or not they are emotional in this case really depends on how each person's point of view is, as we discussed above there are those who are emotional when they see the calculation records due to the number of dominating defeats that make them finally more ambitious in gambling with the intention of revenge and there are also those who think with common sense that this is gambling which as I said before it is only about whether or not someone is lucky in their gambling journey, so both of these things can really happen to two human characters. What I have in mind is that maybe by calculating all the amounts they spend it is possible to make them realize and finally reduce their gambling. Especially if their finances are not good or in the sense that their income is only enough to support their lives, it is very possible to be able to think healthily and reduce all gambling activities.

I think this is indeed a pretty good laternative for every gambler to do, whether it's those who are already addicted or for those who think gambling is normal. It's like a business where management is very important, so in this way maybe I think as I said above and what you said, the chances are quite high that they will think that they will reduce their gambling budget and also of course they will apply more firm self-control when gambling. Basically prevention is always going to be better than cure.
Having a record of his gambling journey can keep him from exceeding his limits so he won't try to spend more money just to gamble. But there are also people who don't keep notes about their gambling because they think they can still care for themselves while gambling and don't overdo it. They can still gamble sufficiently and have a budget for gambling and do not exceed the budget for gambling. And yes, prevention will always be better than cure.

Although this alternative is quite good but everything will return to their respective awareness, because it is useless if they take notes but do not find any awareness to get better. Management is one of the most important things in any field or profession or even in our real life, we must be able to make everything run in balance using this management. Well it is true that there are also those who do not record like this at all, as you said it is because they still feel that their gambling is still manageable or maybe they feel that they have not lost too much money, it is also quite good as long as what they say is not just a feeling but in accordance with reality.

.
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October 26, 2023, 11:00:04 AM
 #176

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

I don't keep a record of my wins and my losses because if I keep a record I will have a huge deficit because I lose a lot more than I win and I will be disappointed if I see a big amount of money that I lose so I just take it per game and if I lose I erase it to my memory and move on.
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Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.
I also don't see any reason to record or keep a record maybe if you keep a record and you see the amount of money you've lost you will be discouraged from gambling, but will it keep you from playing, whether you play for entertainment or playing for money keeping a record will not keep you from playing I don't think its a cure to stop gambling

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Not keeping records, does this make me a bad gambler?
Not keeping or keeping a record will not make you a bad gambler what makes you a gambler is you spend money that you cannot afford to lose, if you spend little money, and that little money will have an impact on your living it will make you a bad gambler.
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October 26, 2023, 11:06:21 AM
 #177

I think most gamblers will never record the history of the results of their gambling and when they want to see it they might just look at the casino betting statistics history feature.
Whether it is gamblers who are just having fun or those who are looking for profit will not do it.
In fact some gamblers feel regret when looking at their betting history because they know how much they have lost so far.

If there is maybe just history of betting on the same day or time.
Because at the same time they will calculate the amount of losses and wins to be able to think and take what steps to take whether they are still able to continue or not.
That is only done by professional gamblers as you have said.

because most gamblers don't record the results of the gambling they do, that's why there are many gamblers who end up losing big, I don't gamble very often but for the last year I have been trying to record how much capital I have - my losses - my wins every time I gamble on Google. doc, the results are quite good, I can control myself so as not to exceed the limit of money that I can afford to lose. Try to apply discipline in gambling, the results will be very good for you.



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Rainbot
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October 26, 2023, 11:18:07 AM
 #178

Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?
OP you raised some good questions here. Most of us who are involved in gambling platforms and those who bet on gambling platforms do not keep track of the winnings and losses of bets on these gambling platforms. But it is better for each person to keep track of the winnings and losses of this bet because keeping track of wins and losses will help each person how much money they have lost and won in the bet. Keeping track of wins and losses will never lead to gambling addiction. A good gambler must keep a record of these wins and losses. Not keeping track of wins and losses can make a person a bad gambler.

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October 26, 2023, 12:28:36 PM
Last edit: October 30, 2023, 12:59:14 PM by jeffhight
 #179

I think it's extremely important to keep track, even if you're not a professional player. In order to know whether you made more money or lost. And if you have lost more and this number is growing, then this is an extremely important signal to stop with it!  Have a look at this, and consider tracking your gambling expenses.. This is relevant for those who play regularly. After all, there are more chances to become addicted to gambling.
Well, in general, it is a very good habit to write down your expenses. Such people usually have no problem living 'paycheck to paycheck.
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October 26, 2023, 12:43:58 PM
 #180

If that's what you want of not keeping records, you're not a bad gambler. What makes a bad gambler is being reckless and senseless. That's when to the point that you won't care anymore to your family and all you do is gamble all day long. You may be a full time gambler but don't disregard the obligations that you have and everything that you are routine to do.

Remember that we're not perfect but as a gambler, there's already the bad descriptions that were given to us based on what people have seen from the other gamblers for being reckless. If you are going to be like them, you're also giving that point of view to them and proves them right. So, recording isn't a big deal but if you and your wife argues with that, that's a different story brother and you need to submit yourself to her and start recording to give that proof that you're just a gambler and not more than that.

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