retreat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 02:31:48 PM |
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Keeping gambling records is actually not forced, it's up to you whether you want to record your gambling activities or not, but recording your wins and losses can be a useful practice and maybe it will help you in the future. In fact, recording your gambling activities can provide benefits such as you can see how many wins and losses you experience, whether in 1 month or 1 week - you can get a clear picture of whether your gambling activity is mostly wins or losses and that can be a conclusion for your gambling performance. And what's more, it can help you to record expenses in your gambling activities, whether it is profitable or not, everything will be available to you and it will help you in managing your finances.
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Slow death
Legendary
Offline
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
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October 10, 2023, 02:40:42 PM |
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In my case I keep a record in my notebook and in my head. This helps me to understand that I always need to maintain the same strategy so that I don't exceed the limits of the amount I deposit to play, the amount I place on each bet and how much money I am losing, winning and withdrawing. because even if I play for fun, there have to be limits on the amount of money I can put into playing. for example, if in a week I deposit 10$, I already have in my head that I will make 2 bets of 5$ each or 5 bets of 1$ or I can distribute the amount in another way, but in case of losing the 10$ I already know that the following week I must deposit $10 again, but in case of victory I also know that the following week I will not deposit anything, in other words I gained 1 more week to play
Now when I see a scenario where one week I put in $10, I lost, in another week I lost $10, I lost in another week, I lost $10, so I'm at a loss of $30, so I need to change my game strategy because the current one isn't working. I know they are going to say that gambling is not about making a profit, obviously they are right and I think so too, but it would also be ridiculous to just be playing to lose and putting money into the casino all the time, and not having control over the money I am to lose. Because if I didn't write down and create rules, I would have a situation where one day I put in $40, I lose everything, another day I put in $100 and I lose everything, another day I put in $1000 and I lose everything. As the person doesn't write anything down, they will hardly be aware that in 3 weeks they have already lost $1140, it was money that could have bought things in the real world or done other things in the real world
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Eternad
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 02:47:34 PM |
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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?
Aside from getting records for your tax purposes, I don’t see any point on doing this kind of thing on gambling since gambling should be for entertainment not a form of profit making that needs to be recorded every game. I remember you can always request this kind of records to the support to have records for specific time frame. Playing alone will makes me busy while recording profit/loss for the game will surely out of my mind once I’m done gambling. It’s not mandatory to do a record unless this is required for your tax purposes.
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Broadanbig
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October 10, 2023, 02:57:06 PM |
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Not keeping records of your gamble results does not make you a bad gambler. I think it is good to keep record of gambling activities including your wins and losses because that would guide you on budgetary to know if you are okay with your gambling outcome or not or your budgeting plans if the needs be to cut it short or increase it. This would also help you to know how often you frequent gambling site or house to gamble and from this, you could tell if you are getting addicted to gambling and possible put in place measures to curtail your frequent visit to casinos or otherwise.
Notably, this could guide a gambler to know exact games, days and time at which he or she makes wins and losses. It would give the gambler clues on what to do and as well the gaming style,pattern or strategy used to win and the ones used which cost them their games to avoid or build a good strategy for the game again while keeping records of the formulae used. I think it is good to keep records of your gambling activities to put you on the safe side.
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ajiz138
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 03:03:43 PM |
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Not recording deposits - withdrawals and not recording wins or losses, this is meaningless because it already knows from the overall records you keep it will be more losses. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) So why keep records? It's not about trading. I feel that this is for fun so there is no intention whatsoever to record every activity in gambling, I feel not bad as long as I do this because I am prepared if I lose the next time it happens. For me the bad thing is not being able to control the money you use for gambling.
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piebeyb
Legendary
Offline
Activity: 2408
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Bitcoin Trader
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October 10, 2023, 03:59:44 PM |
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Honestly, it would only be a waste of your time if you recorded all your expenses and income from your gambling activities, whether you win or lose, that is clearly not important for gamblers to do, simply limiting your budget every time you gamble is more than enough, therefore it is important to Limit every budget and bet so that you don't cross the line when gambling, let alone become addicted to gambling. You won't be seen as a bad gambler because it's not important unless you are a mathematician or an accountant, maybe it's just important to calculate it, after all what's the point of calculating it, just enjoy your game when gambling, winning and losing is normal, the point is to understand everything. the risk of losing money because by understanding that you will become more mature when gambling, you don't have to keep talking about profits, limit your budget as an alarm so you don't exceed the limit. that's an important thing ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Trade on the go. Anywhere, anytime.
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maydna
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October 10, 2023, 04:06:02 PM |
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I don't keep track of my wins and losses. But I always allocate the same amount of money every week or month, depending on how much I have. Perhaps those who record their wins and losses think that it is good because they can check how much money they use and how much their wins and losses are to know what they should do. The note also reminds them to always have limits in gambling so that they do not gamble excessively and can even start reducing their gambling activities. So the benefits of having a note depend on each person because if they have a note, it means there is a goal they want to achieve or the note can remind them that gambling is for entertainment only.
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dezoel
Legendary
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October 10, 2023, 06:09:02 PM |
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Not keeping records of your gambling activities definitely doesn't make you a bad gambler, especially if you are gambling just for fun and don't care much if you lose the money you are using. I believe gamblers who gamble to earn money will need to keep a record because they will need to have a count of how much they have used so far, how much they have won, and how much they have lost so that they can have an estimate of how they are doing at the end of the week or month.
Gamblers who gamble just to have some fun and just have an allocated budget don't need to keep a record of anything, they can just gamble, have some fun, and forget about what has happened because they don't need to do any evaluation or manage anything, etc. because they don't care about the wins and losses.
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Oilacris
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October 10, 2023, 06:15:31 PM |
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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?
Nope, im not a fan on keeping up some records or tallying on how much i did spend on gambling because it would really be just that too hassle and on the same time you would really be that be able to see on how much you had totally be able to spend up in overall on which if you are on a losing situation then you would really be having those thoughts on trying out to recover on what you have lost on which it is really that a huge cons if you do mold up yourself on being that desperate or really that impulsive just because you've seen that on how big you have lost already and if you are a certain person who isnt really that good on handling your temper or emotion then this kind of behavior isnt really that recommendable. Play on the amount on which you can afford to lose and never ever make yourself that consider on trying to look back on the money that you had spent out because it would really be just making you that stirring up the emotions that you would be felt. Always better not to look back with those losses on which as long you are aware on how much money you are spending and allocated on gambling then it should really be just that fine.
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Juse14
Sr. Member
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Duelbits
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October 10, 2023, 06:19:57 PM |
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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 have a special book to record all my expenses in gambling and the winnings I get in gambling. I did this just to show my curiosity about gambling. Even though gambling is not the place to make a profit, I do this just to find out whether the gambling I have been doing can give me a profit or vice versa a loss. And after I did this I was able to get the results that the gambling I did could only harm me financially. However, I consider that this is a fair price that I have to pay to get pleasure and excitement.
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Twentyonepaylots
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October 10, 2023, 06:30:37 PM |
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I don't keep any records because there's no reason for me to do so.
I guess the OP is making a gamble as source of income lol I don't think gamblers need to keep records or track their winnings or losses it's a bit much if you just want to have fun. Keeping a record will remind me how much money I've lost via gambling, which will frustrate me.
Depends on the mood, if you want to be happy look at your winning track, and if you want to be frustrated just look at you losses ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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. Viewing my losses every day would make me wanna recover them, by gambling more and trying to get bigger profits. This leads to bigger bets, taking bigger risks and it seems more like a downward spiral towards developing gambling addiction.
I don't usually think about my losses, as long as I played that long haha. But honestly, on random times when it just pops out to my mind, it gets me mad actually thinking about how much I have lost to gambling. Keeping records of your losses would probably make you greedy to make it back to you, that's what every gamblers think actually, money revenge is addicting, so I don't advise recording to anyone that is involved in gambling. Perhaps, if you want to know your winning rate, that would be fine.
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Stepstowealth
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October 10, 2023, 06:35:08 PM |
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Not keeping records, does this make me a bad gambler?
It does not make you a bad gambler, the criteria for a good and bad gambler is a gambler who makes profit. A gambler who wins and keeps making profit from gambling often is a good gambler, and a gambler who fails often is a bad gambler. So you are still a good gambler if you gamble without keeping records and still win. Keeping record of what you use in gambling makes you a responsible gambler not a good gambler.
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uneng
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 06:37:04 PM |
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I don't keep any matetial data of my losses, but I have some notion in my head of how much I've already lost. I think that is important to know how much you have profited or lost gambling in order to be a good gambler who will play responsibly, always respecting your personal limits. When you don't give importance to these informations, it's much more likely you are going to develop a disfunctional behavior, wasting money you couldn't, because you aren't conscious about your previous activities and results.
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Wakate
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 06:45:36 PM |
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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 think we need to be keeping account of all our winnings because this is the only way we are going to know whether we are making progress or not. Sometimes we would have used a lots of funds to bet and not make winnings but the moment we start making small profits, we might be thinking that we are making profits which might not be the case because we are not keeping records of our winnings and loses. 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.
Not keeping records, does this make me a bad gambler?
Record keeping had helped me a lot when I gambler to assertain whether I am making progress or not. Not having record or keep it could make us a bad gambler and could even increase how often we gamble.
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Nheer
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October 10, 2023, 07:25:13 PM |
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Do you keep a record of all the pennies you use to gamble and also the result?
I don’t keep record of my gambling results, I don’t see any reason to keep track of them because I believe all my winnings are based on luck so keeping record of it will be of no use. If i lose a bet i only get paranoid and check the game that make me lose so after that i just scroll past it and move on with my life because every game played has different ways you should approach it so it doesn’t matter if you keep record of setled bets. 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.
You should have asked why he said iit is a good practice and share it with everyone here so if it’s something that would help and something we should also practice we could have done so. I only remember some scenario where i won big amounts or when i win a game I considered as a loss i always remembered such games but other than that i don’t usually remember anything. Not keeping records, does this make me a bad gambler?
It doesn’t make you a bad gambler in my opinion unless maybe until you are aware of how helpful it can be and you refuse to practice it that’s when i think you should consider yourself a bad gambler.
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Mahanton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 07:50:45 PM |
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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 have a special book to record all my expenses in gambling and the winnings I get in gambling. I did this just to show my curiosity about gambling. Even though gambling is not the place to make a profit, I do this just to find out whether the gambling I have been doing can give me a profit or vice versa a loss. And after I did this I was able to get the results that the gambling I did could only harm me financially. However, I consider that this is a fair price that I have to pay to get pleasure and excitement. Having a track isnt really that bad which same as you mentioned that it would really be giving out that kind of track on which you could really be able see whether you are already spending that much or not. On the time that you do realize that it is already getting out of hand or spending is already that too much then this is the best time that you would really be needing to stop or else then you are spending something which it isnt worth or it would really be just creating out that kind of regret. I do agree on some words on here is that on the time that you do see that you are seeing huge spending or losses then it might really be the cause for you to play even more because you would really be having plans on trying out to recover it and this is one of the cons on having those kind of trackings or listing about your spending. If you do find out yourself to be that having that kind of impulsive emotion on which it would really be easily be changed up on the time that you would really be having those kind of insights then its better not to make out some records because it would really be just that making you desperate and it would be better to have that way on which you should not have that kind of tracking so that you wont really be always coming back in the past because we know that if we do see huge losses or negative then that kind of urge on trying out to recover would really be there and something strong on which not all would really be that having that good control towards themselves.
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SOKO-DEKE
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 07:55:15 PM |
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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 don't think many gamblers keep records of the amount they spend on gambling or their winnings from gambling because I don't think it makes much sense in that way. I believe having records of the amount someone has spent on gambling can really lead to depression, which can cause a stable health condition. In other words, it is also a good idea to have records in case you see that you are losing a lot, someone can use records to judge whether to continue or not. As for me, it was before I was trying to have records of any amount I do spend on gambling every month, so after a season I will now calculate everything together plus my winnings to see whether I lose or gain, but at the end of every season, I always discover that I always at lost, so from there I will be thinking if I had saved that money, I could use it to achieve tangible things by now, so from there I always start regretting myself, so all this later always results in sickness for me, so as I discovered that I always fall sick after seeing all this result all the time, I decided to stop having records about gambling.
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Lida93
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 10, 2023, 08:04:08 PM |
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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? . 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 prefer not keeping records for it's a total waste as it doesn't bring back the losses but rather can make you start nursing a regretting thought whenever you do a check and balance of all the bets you have lost and how you could have used those money you lost to gambling for some else meaningful which would have yield you a profit. There's no benefits and that's why the idea sucks. Or if it was that at the end of the year I'll have to give an account to the casino about my losses and wins to be eligible for some bonuses, then the idea would have made a sense keeping the records.
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yahoo62278
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October 10, 2023, 08:06:07 PM |
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If you keep records, it may lead to you being hospitalized for a mental issue lol. Why would you want to see how much money you have lost? Most gamblers, that's what they are going to have a record of. If you are a poker player or sportsbetting only, then records would be a good thing, but I wouldn't wanna know my stats for any other sort of gambling.
I guess another way to look at it would be, if you know how much you are losing it may inspire you to quit gambling?
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Hispo
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October 10, 2023, 11:20:42 PM |
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I think exactly the opposite you are suggesting. Not keeping records on your money makes you a good gambler, because in my opinion keeping records in your losses and wins makes it easier for you to chase those losses you have recorded in your notebook. Besides, since the casino is likely to win in the long term, then it will very possible you will stay in negative or red numbers during most of your gambling history, which may encourage you to try to gamble more and with bigger amounts of money, in a reckless way, in order to try to improve your record.
The best approach is the most obvious one, let losses to be forgotten and enjoy the wins your get. That is simpler and more healthy for your mental health.
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