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Author Topic: Not keeping records makes me a bad gambler?  (Read 1718 times)
rahmad2nd
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November 09, 2023, 05:55:47 PM
 #241

I don’t keep records of my gambling stats, I’m too lazy to be honest and I gamble for fun, to make games and tournaments more interesting. I am not gambling in desperation for additional income.

It’s all a matter of personal choice, there is no right or wrong. The only thing to remember is to practise responsible gambling. Don’t bet more than you can afford to lose.

Right, as I said in the previous post. in fact, it doesn't matter if one records gambling statistics. Likewise, we don't even think about doing it. After all, it's all about habits, even if someone does it, they have a basis for various reasons. Perhaps, some gamblers want to know statistics, determine and manage their gambling expenses by recording them. and there is nothing wrong with that, in fact I praise those who do it in general, regardless of their motivation or scenario.

For me, just like you do. we are too lazy to do it, don't even think we will do it. the point is, it's nothing but looking for fun in this quite expensive and risky entertainment. I mean why do I call it expensive, because to play it we need funds and as a medium for conducting game sessions. Plus, be ready for the risks involved. Overall, we agree with what you said. In essence, play responsibly and recognize the risks. Also, whatever it is, we are fully aware of what we are doing.


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November 09, 2023, 06:05:48 PM
 #242

In fact, in many places they say that we should keep records of all our bets so that we can redeem them in the future to review successes and losses and thus learn from mistakes.

However, I don't think this is efficient for the sport I bet on....
In football, each game is unique, there is no way to find a pattern in the games or something that can be analyzed!

I find it interesting that at the end of each game the bettor evaluates his bet and what happened during the game, if he lost, see why he made a mistake... if it is because the game had an unforeseen result or event, or if there really was a fails to predict the best outcome.
Now that's an analysis that could make sense. But keeping records of several games and bets, in my opinion, is not advantageous in football.

You will find out soon that keeping such records will be a headache to you.
Not only because of seeing those losses, but the activity itself will drain your energy as it is additional task.
So for me, this task is not sustainable. It is better to just allocate money for your betting activities, that you think you won't have qualms losing.
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November 09, 2023, 06:13:58 PM
 #243

If gamblers keeps recored then their gambling will be under control and they will use money which will be limited but if they don't keep record then there is a probability that they will be addicted to gambling. Without keeping record you cannot realize your win or loss percentage and if you loss for five times and win for just one time then you will be happy for a single win but will not realize that five times loss are more and single win is unable to cover this loss.

I think that if everyone keeps record of their gambling then a day will come when they will not be more a participant of gambling because all individuals has Loss percentage more than win percentage. Lossing money is the primary concern but later gambler start to sell every thing in order to get money therefore try to keep record or completely move away from it.

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November 09, 2023, 06:24:35 PM
 #244

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 am not a gambler but I think I can still give you a good advice. It's really a good idea and I would say, it's necessary, to record your financial activities. You have to know how much money you deposit to gamble and how much you get back. If you track that, it will help you to understand whether your gambling turns into addiction or not because sometimes you really gamble for fun and start with that idea and you don't realize that you deposit more, gamble more, get back less and that's where the addiction starts. So, yeah, you should really keep records. Whether you are a bad gambler or good one, that has nothing to do with it.

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November 09, 2023, 06:38:35 PM
 #245

Not keeping records, does this make me a bad gambler?
Keeping record on your gambling activities only helps you to know how much you may have gambled with within a certain period of time, and likewise how much you may have also lost, but just like O.P said, to me, I don't see any need why anyone should keep such record, because it's just a total waste of time, because either keeping record or not, it won't stop you from losing or neither winning a game, in as much as you are gambling responsibly. Because I think such record is meant to be kept for people who are addicted to gambling, so as to be able to regulate how much they waste on gambling.

But on a general sense, it's literally of no value to either the gambler or casino.

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November 09, 2023, 06:50:08 PM
 #246

Not keeping records, does this make me a bad gambler?
Keeping record on your gambling activities only helps you to know how much you may have gambled with within a certain period of time, and likewise how much you may have also lost, but just like O.P said, to me, I don't see any need why anyone should keep such record, because it's just a total waste of time, because either keeping record or not, it won't stop you from losing or neither winning a game, in as much as you are gambling responsibly. Because I think such record is meant to be kept for people who are addicted to gambling, so as to be able to regulate how much they waste on gambling.

But on a general sense, it's literally of no value to either the gambler or casino.

and besides, do you really think some are really doing this tedious task? yes, we know, there are some benefits of doing so however, for me, i think no one can consistently do the recording of all his bets. for me, this task is not sustainable. you may be excited it in the first few months, but later on, it will be a burden for you.
the more sustainable approach would be to spend what you can afford to lose in every bet you want to make. so you have no worries if you will win or lose with your bets.

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November 10, 2023, 03:24:35 PM
 #247

~snip~
Yes, maybe one of the reasons is like what you said, although it won't be entirely true either. But on the other hand I quite agree with your assumption, because it is quite easy if they want to see how much they have lost and how much they have won through one of the features in their gambling account. And for the problem of whether the record will be able to have a good or bad impact, in my opinion it is also difficult to predict, I have a friend who when he loses he gets even more emotional and even crazier because he doesn't accept the defeat that always happens at the end of the session and after that he even plays again with a bigger amount, well in my opinion that is one of the reasons and choices that they might choose when they find out that the number of losses is very much compared to wins, but yes I also said it depends on the judges themselves, some can realize and reduce it and on the other hand there are also those who are getting crazy in their involvement.

Yes indeed the best, if it turns out that their losses look more than wins then it is better to look for some measures  for prevention such as for examplee reducing the amount of the budget so that the amount of loss is not getting bigger if it ends up losing again. And yes anyway on the other hand there is no guarantee  whatsoever to win, therefore in my opinion it is indeed the best way that can be done.
Looking at our gambling history from the features available on our gambling account is actually enough for us to know how much money we have deposited and withdrawn, and that can also be a strong reason for us to reduce our gambling activities, especially if we deposit more than we withdraw the money. That way, we can also reduce the amount of money we deposit because we don't want to experience more losses. A person can become increasingly eager to gamble when he cannot accept his losses and will try to deposit more money because he can gamble longer and he thinks that he will have a better chance of winning, even though that is not true. He will have a chance of winning, but his chances of losing will be greater than his chances of winning.

However, if we have experienced losses while gambling, we must be aware of it and try to reduce our gambling activities. Don't let us end up spending all our money and not being able to meet our daily needs because there are gamblers who experience this. If we have lost, we have to stop gambling because it will be difficult for us to recover the loss.


Yes it should be like that, they can take your advice but on the other hand it is still a question of what they will do when they see the fact that their losses are much bigger, still in the end this is a big question, as I said before, there are two possibilities that can happen. Your suggestion is a good one, it's easy to say but hard to do, which is why they are still suffering from an increasing number of losses. So I hope that someone will really make a very good judgment when the fact is that their losses are far greater than the winnings, I hope they can realize and choose to fix it by reducing the number of bets or even quitting completely is better.

For someone who is healthy and brings a logical mindset when wanting to gamble I'm sure without some advice  from others they will also be able to take some precautions as you said I think they will definitely be vigilant and also will not be too excessive. Because they are not only thinking about gambling but their minds are divided for other things too such as the  cost of living or basic needs needed by their families.

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November 10, 2023, 03:31:44 PM
 #248

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.

R


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November 10, 2023, 03:53:06 PM
 #249

You will find out soon that keeping such records will be a headache to you.
Not only because of seeing those losses, but the activity itself will drain your energy as it is additional task.
So for me, this task is not sustainable. It is better to just allocate money for your betting activities, that you think you won't have qualms losing.
Keeping records do not really help because at first you will think you could possibly recover all your losses but with time you will understand that gambling doesn't work they way, they most times cause you to want to further chase losses which may aswell lead to further loss.

Allocating money for gambling still remains the best because that way you know that such amount is that which you are ready to loose regardless of what the possible outcome would be, they way you will definitely not really feel bad if you loose the money and there will be less tendencies to chase losses and reduce your risk of becoming addicted. You will possibly get drained and exhausted keeping records especially when it turns out they your wins are not making up for the losses.

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November 10, 2023, 04:47:22 PM
 #250

If gamblers keeps recored then their gambling will be under control and they will use money which will be limited but if they don't keep record then there is a probability that they will be addicted to gambling. Without keeping record you cannot realize your win or loss percentage and if you loss for five times and win for just one time then you will be happy for a single win but will not realize that five times loss are more and single win is unable to cover this loss.

I think that if everyone keeps record of their gambling then a day will come when they will not be more a participant of gambling because all individuals has Loss percentage more than win percentage. Lossing money is the primary concern but later gambler start to sell every thing in order to get money therefore try to keep record or completely move away from it.

That's not necessarily true because there are people who gamble just for fun and don't keep a record of their wins or losses.
If they win they keep playing more. They don't track the losses because they already consider the amount they deposit as lost.

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November 10, 2023, 05:00:48 PM
 #251

Sincerely speaking, I take gambling as the list of what I do,  and at the same time,  I only gamble for entertainment and nothing more,  this is why I have almost set up the time that I gamble and how much I gamble with each week,  and this has helped me a lot in recent time to be able to deal with a lot of things that would have ordinarily been a drawback to me in the long run,  this is why I have realized the fact that anything outside your set limit is a no go area,  I don't have a P. A but I use my device as my P. A reason is that I can easily set whatever limits in gambling just from my phone,  and sometimes,  I see that my phone will go off if I exceed my set time by just 1 second,  so that is why,  at times I see myself winning so much in a game but then if I exceed that set time and I didn't close down before that time,  I may get locked out and I may lose the game at the end.

That is why, sometimes I always try to close all my games opening before anything that will make me exceed that set time and at what space.
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November 10, 2023, 09:15:58 PM
 #252

~snip~
Yes it should be like that, they can take your advice but on the other hand it is still a question of what they will do when they see the fact that their losses are much bigger, still in the end this is a big question, as I said before, there are two possibilities that can happen. Your suggestion is a good one, it's easy to say but hard to do, which is why they are still suffering from an increasing number of losses. So I hope that someone will really make a very good judgment when the fact is that their losses are far greater than the winnings, I hope they can realize and choose to fix it by reducing the number of bets or even quitting completely is better.

For someone who is healthy and brings a logical mindset when wanting to gamble I'm sure without some advice  from others they will also be able to take some precautions as you said I think they will definitely be vigilant and also will not be too excessive. Because they are not only thinking about gambling but their minds are divided for other things too such as the  cost of living or basic needs needed by their families.
If they experience much bigger losses, there will be two options for them: they can immediately stop gambling and not gamble forever or they will keep gambling and try to recover their losses. If they choose the first suggestion, that's good for them because at least they have to learn to stop gambling completely. After all, they have already lost a lot of money from gambling. But if they choose the second suggestion, they will experience even more losses, and this time, it could lead them to develop a serious gambling addiction. So it will be up to their decision but they should think about it well and will not choose the second suggestion.

If they are wise gamblers, they will be able to decide what is best for them and will not gamble with too much money because that will only increase the amount of their losses even greater. They will take preventive measures, and maybe they will reduce their gambling activities, especially since their gambling records already contain many losses that will not be able to be recovered even if they use more money.
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November 10, 2023, 11:13:32 PM
 #253

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.

But the essence of keeping records or tracking losses and wins is a good thing for me. Why? Business-minded, do you want to know where your money goes? How much money have you made or lost? No right? Keeping records will keep you aware of what's happening in your capital; you will see if you are gaining or not. It's not about feeling sad or having regrets about your losses; it's about how you will manage your money. Maybe for some people, they don't care about the history or record of their gambling, but for others, they do this practice to handle their money and efficiently see how well they do in gambling. So I don't get why gamblers, especially online, don't keep records. It is a good practice for money management, yet they don't do it, and you will be confused about where your money goes or will not be aware if your capital is earning or not.

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November 10, 2023, 11:39:43 PM
 #254

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.
Yeah, right.
It will be a spreadsheet filled with regrets. Cheesy
I do believe though that making a record for sports betting is acceptable because it means we are tracking down how teams behave in winning against one team and another. Comparisons. Somehow that could help us increase the winning rate on our next bet for the team if ever they face the same opponent one more time.
I don't do that but it might actually work that way.
Sports is not that much unpredictable especially if a team consists of super players. But there are rivalries that could make them lose to one specific team because they know their weakness.
If we could somehow spot that thanks to the spreadsheet that was created, then it would help us avoid betting for the favorite team at that one game or just bet on the opponent instead if we cannot really live one day without making a bet.
But in casino games, this won't work, imho. Just imagining how many bets we are making per day will us faint on recording them all, plus the losses, like you said. It will just hurt our feelings.

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November 11, 2023, 09:28:19 PM
 #255

~snip~
Quite agree but I wouldn't say that's entirely true, because on the other hand there are still some gamblers who don't really think about their gambling records even though it's very important so that they can know or just measure the extent of their gambling involvement or how much they have lost. Yes having full responsibility for the gambling that we do would be a better thing, because if you are a responsible gambler then I think you also have some precautions that will be applied to your gambling, such as knowing when to come and when to leave, and also in terms of budget usually those who are responsible will prefer to put a small budget because that is the only budget they can accept especially if the final result turns out to be a loss. On the other hand, it is indeed a good action so that we can avoid gambling addiction a little.

True, the purpose of them looking at their gambling records is nothing but to see how much they have lost and won, and I think there are two actions they will take when they see the records, some are getting more excessive because they want to return all their losses and some are getting better because they don't want to lose more. So I think they also know what's best for themselves.
That's because they have their own reasons for having a gambling record or whether they don't need it. Moreover, they can see their gambling records from their gambling accounts so that it can be a benchmark for how much money they spend on gambling. If they realize that they are using too much of their money, they should start reducing their gambling activities or reducing the amount of bets. But what exists is that there are still many gamblers who do not pay attention to this and instead try to increase the number of bets.

If it becomes too much, they should reduce their gambling, lest they experience problems that could have serious consequences. If they have good self-control, they can ignore this, especially if they have found pleasure in gambling.

Yes, maybe one of the reasons is like what you said, although it won't be entirely true either. But on the other hand I quite agree with your assumption, because it is quite easy if they want to see how much they have lost and how much they have won through one of the features in their gambling account. And for the problem of whether the record will be able to have a good or bad impact, in my opinion it is also difficult to predict, I have a friend who when he loses he gets even more emotional and even crazier because he doesn't accept the defeat that always happens at the end of the session and after that he even plays again with a bigger amount, well in my opinion that is one of the reasons and choices that they might choose when they find out that the number of losses is very much compared to wins, but yes I also said it depends on the judges themselves, some can realize and reduce it and on the other hand there are also those who are getting crazy in their involvement.

Yes indeed the best, if it turns out that their losses look more than wins then it is better to look for some measures  for prevention such as for examplee reducing the amount of the budget so that the amount of loss is not getting bigger if it ends up losing again. And yes anyway on the other hand there is no guarantee  whatsoever to win, therefore in my opinion it is indeed the best way that can be done.
A good and simple record can be done through an excel sheet, because it can be a great way to do better things to keep track of it and this converts everyone to do something much better when it comes to detailed control , except that it is very difficult to record everything because you can intuit to do your best to become more exact and to show on the side or as an observation the possible cause of why it was lost or why it was won, and to keep track of it. A record like this is quite difficult because you either play or record everything, I think that this takes the emotion out of the game and what you are doing, unless you make a rough data sheet and show what they can do. offer to have more time to play, because based on my plays you can remember me for the rest I think not, worse that is that there are certain things that one can record and others that one cannot, and that's where it goes time.

The records are not bad, but according to what one can do, it is better to start a record from scratch and not drag the records that one keeps in one's mind, make a clean slate, start from scratch so that things flow better, and thus a more accentuated balance of losses and profits can be kept, because it will always be about making a better scheme with profits above the losses, and bringing it to at least 80% profits and 20% losses, that is what I see that it is better, something else is possible, but better strategies must be considered, the advantage of betting and how much money is put into each game session and if people are satisfied with small or large winnings per session, under which my advice will always be to have fewer gnacias but that they always add and do not subtract, even if each day you make 1-5 usd for me this is very good per day, I don't know what others think, but for me that's it.

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November 13, 2023, 07:09:28 PM
 #256

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.
The same argument could be said about record keeping in general and yet people do it despite the fact that most of the time what we end up recording are negative things, so why do it? Humans do this not because we like record keeping in general, a thing that in fact seems that we like, however we do so because it is useful as it allows us to see what we did wrong and then improve upon our mistakes, and while this is difficult to do while we gamble, there are a few gamblers out there which can do this and become professional thanks to it.

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November 13, 2023, 07:14:28 PM
 #257

~snip~
Yes it should be like that, they can take your advice but on the other hand it is still a question of what they will do when they see the fact that their losses are much bigger, still in the end this is a big question, as I said before, there are two possibilities that can happen. Your suggestion is a good one, it's easy to say but hard to do, which is why they are still suffering from an increasing number of losses. So I hope that someone will really make a very good judgment when the fact is that their losses are far greater than the winnings, I hope they can realize and choose to fix it by reducing the number of bets or even quitting completely is better.

For someone who is healthy and brings a logical mindset when wanting to gamble I'm sure without some advice  from others they will also be able to take some precautions as you said I think they will definitely be vigilant and also will not be too excessive. Because they are not only thinking about gambling but their minds are divided for other things too such as the  cost of living or basic needs needed by their families.
If they experience much bigger losses, there will be two options for them: they can immediately stop gambling and not gamble forever or they will keep gambling and try to recover their losses. If they choose the first suggestion, that's good for them because at least they have to learn to stop gambling completely. After all, they have already lost a lot of money from gambling. But if they choose the second suggestion, they will experience even more losses, and this time, it could lead them to develop a serious gambling addiction. So it will be up to their decision but they should think about it well and will not choose the second suggestion.

If they are wise gamblers, they will be able to decide what is best for them and will not gamble with too much money because that will only increase the amount of their losses even greater. They will take preventive measures, and maybe they will reduce their gambling activities, especially since their gambling records already contain many losses that will not be able to be recovered even if they use more money.
Its a matter of choice and a matter of common sense on which it would really be just that right that you should really be needing to make out that kind of decisions on which you would really be having that kind of assessment basing up on the situation that you are in. Dont wait up for things to get messy before you would really be taking up some actions.In speaking about keeping up some records then it would really be just that simply your choice knowing that the activity that you are dealing with does involves tons of losses and only a few wins on which it is really just that normal that you would really be needing to make out some adjustments accordingly basing up on what you are experiencing. Somewhat not keeping records does mean that you are a bad gambler yet there are really indeed people who are really playing just for the sake of fun
and doesnt mind about on the money or amount that they have been using into such activity because they are really indeed willing to take risks and losing it all on such session without bothering themselves about on how much they have already spent or that they have lost. It all matters with your own preference since we do have our own ways on how to track into things.

R


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November 13, 2023, 07:23:36 PM
 #258

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.

That's how I see it too. People who lose more than they win will not want to see these statistics anyway. What about people who gamble very little for fun. Is holding such stats where it says that you gambled away $50 last month change anything, when your monthly income is $3k?
IMO stats are for people who really want to make money and their gambling journey is focused on that. I doubt that your average slots player who does a few rolls on his way from work home cares if they won %10 today or lost $5.

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November 14, 2023, 12:14:40 AM
 #259

~snip~
The same argument could be said about record keeping in general and yet people do it despite the fact that most of the time what we end up recording are negative things, so why do it? Humans do this not because we like record keeping in general, a thing that in fact seems that we like, however we do so because it is useful as it allows us to see what we did wrong and then improve upon our mistakes, and while this is difficult to do while we gamble, there are a few gamblers out there which can do this and become professional thanks to it.

In order to control something, you need to measure it.

If you want to realize how much you are gambling, you need to somehow keep track of the money coming in and out from that activity.

Whatever gets measured, can be controlled. If you don't measure it, chances are you are spending more than what you think.

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November 14, 2023, 12:20:46 AM
 #260

That's not necessarily true because there are people who gamble just for fun and don't keep a record of their wins or losses.
When I gamble, I think of two things and that's to gamble for fun and also to make money but, I'm the type of gambler that don't keep records. I don't mind how much wins that I've got.

Because what I am sure of, they're nothing compared to the entire losses that I've made. If I'll sum all of them up, for sure that they're little and less and far from being close of my entire losses.

If they win they keep playing more. They don't track the losses because they already consider the amount they deposit as lost.
That's true, when I win, I tend to gamble more until I think that I've got less profit by that time and will secure that. Realization comes at the end when we gamble and with little profit that's left, that's what stopping us for that day.



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