Not keeping records makes me a bad gambler?

[maydna]

~snip~

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.

Not having a gambling record does not mean someone is a bad gambler because maybe they have reasons why they don't do it, and it could be that they just want to have fun gambling, so they don't feel the need to have a gambling record. I also don't have a gambling record because I only use gambling as entertainment, especially since I rarely gamble, Hence, I only need to look at my gambling history in my gambling account. I just don't want to spend too much money gambling, so I try to really limit the time and money I spend gambling because once I'm tempted, I can get deeper into gambling, and it's hard to get out of gambling. We can use our gambling history records on each gambling platform so that we can see how much money we have deposited to gamble. We can also see how much money we withdraw and how often we do it. So it is true that having a gambling record is a choice that each gambler will determine, so it definitely varies from one gambler to another.

[$crypto$]

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.

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

I always measure what has been put into gambling, if it is over the limit then it will not spend anymore, actually the limit is necessary so that it does not become excessive.

That should be realized by gamblers.

[Hispo]

-

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

Even though you are right that one needs to measure something in order to control it, but that applies to things like mathematical calculations, or fixed budgets, etc. But I disagree it should be applied to gambling, because in the end we cannot fully control all the factors when comes to the money inflow and outflow of money. Yes, you will be aware how much money you have lost to the casinos you like, but keeping in record of your losses will only lean you onto trying to get in green numbers again, would not you think that will push you to gamble more?
That is a bad or losing scenario, because we know that the house will always win in the long term.
If anything, I would believe it would be better only to keep a record on gambling if we intent to recover the money to other means which does not involve more gambling.

It is better just to gamble with a fixed budget and forget about those losses.

[junder]

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.

Although this method looks very good and effective but the problem and the question is as I said above my friend, what if it turns out that they are even crazier in their gambling because they see a larger number of defeats in their excel sheet records, you give pretty good and detailed advice, but before that I have already told you about what my friend experienced, he became crazier because he did not accept the amount of defeat, and what happened was even more chasing defeat in the next session.

It seems that this problem is really out of our control, because of course they have actions that we think are completely unreasonable and far from what we expected about when they advised him to look at his gambling records. In fact there are some people like that, until now I still monitor and take care of my friend who when he found out that the number of losses was bigger he actually chased more losses with the intention of recovering, I still try to make him realize, but I don't know if there are many people like that out there, of course it will be a big problem for his life because there is absolutely no self-control or mindset to just reduce his activities even though they have seen his record.

[klidex]

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.

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

I always measure what has been put into gambling, if it is over the limit then it will not spend anymore, actually the limit is necessary so that it does not become excessive.

That should be realized by gamblers.

It is very important for gamblers to realize this to record their expenses and income so that the money they spend does not exceed their income, because it is impossible for us to use all our finances for gambling and we must use as little expenditure as possible to carry out these gambling activities.
Responsible gamblers definitely apply spending limits when gambling and they definitely control their finances either by looking at their gambling history or recording their expenses. What is clear is that if we want to gamble safely, that is by recording expenses by looking at these records we can find out our gambling activities and control them so that we can be organized and can make us disciplined gamblers.

[nullama]

~snip~
Even though you are right that one needs to measure something in order to control it, but that applies to things like mathematical calculations, or fixed budgets, etc. But I disagree it should be applied to gambling, because in the end we cannot fully control all the factors when comes to the money inflow and outflow of money. Yes, you will be aware how much money you have lost to the casinos you like, but keeping in record of your losses will only lean you onto trying to get in green numbers again, would not you think that will push you to gamble more?
That is a bad or losing scenario, because we know that the house will always win in the long term.
If anything, I would believe it would be better only to keep a record on gambling if we intent to recover the money to other means which does not involve more gambling.

It is better just to gamble with a fixed budget and forget about those losses.

It depends on how you want to tackle that issue.

For some people, sure, they might want to have a fixed amount of money they will use.

For others, they want to understand how much money they are using for gambling, and see if it makes sense for them.

Most people don't really stop and think about how much money certain behavior is costing them

[Hispo]

~snip~
Even though you are right that one needs to measure something in order to control it, but that applies to things like mathematical calculations, or fixed budgets, etc. But I disagree it should be applied to gambling, because in the end we cannot fully control all the factors when comes to the money inflow and outflow of money. Yes, you will be aware how much money you have lost to the casinos you like, but keeping in record of your losses will only lean you onto trying to get in green numbers again, would not you think that will push you to gamble more?
That is a bad or losing scenario, because we know that the house will always win in the long term.
If anything, I would believe it would be better only to keep a record on gambling if we intent to recover the money to other means which does not involve more gambling.

It is better just to gamble with a fixed budget and forget about those losses.

It depends on how you want to tackle that issue.

For some people, sure, they might want to have a fixed amount of money they will use.

For others, they want to understand how much money they are using for gambling, and see if it makes sense for them.

Most people don't really stop and think about how much money certain behavior is costing them

To me it is not healthy in any way, shape or form to step into a casino or logging onto one and not having a clear idea on how much one intends to put at risk during that session alone. What is the point of keeping a record of how much one is losing if one does not set a budget before starting gambling anyways? It is just easier and more responsible to take gambling money to the casino and write down the final net win or loses when one decides to stop and go back home, on the other hand, not having a limit and yet trying to keep track of one's money would imply to take notes and pay attention during the whole session, so one won't lose track of the amount of money one is wagering.
I am not sure whether I am explaining myself properly or not, though.

[TimeTeller]

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.

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

I always measure what has been put into gambling, if it is over the limit then it will not spend anymore, actually the limit is necessary so that it does not become excessive.

That should be realized by gamblers.

The reality is it is quite hard to maintain on having a record of your gambling expenses.
So for me, the more sustainable approach if you are into gambling is just deposit what you feel you can afford to lose without heartache.
Because you will be peace at yourself if you know your money that you are spending in gambling is not the money for your basic expenses.
I don't think a lot of gamblers can diligently keep their records of their gambling expenses. That will consume a lot of time as well as stress.

[topbitcoin]

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.

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

I always measure what has been put into gambling, if it is over the limit then it will not spend anymore, actually the limit is necessary so that it does not become excessive.

That should be realized by gamblers.

The reality is it is quite hard to maintain on having a record of your gambling expenses.
So for me, the more sustainable approach if you are into gambling is just deposit what you feel you can afford to lose without heartache.
Because you will be peace at yourself if you know your money that you are spending in gambling is not the money for your basic expenses.
I don't think a lot of gamblers can diligently keep their records of their gambling expenses. That will consume a lot of time as well as stress.

Actually, when it comes to "keeping records", it is either important or not important. However, if you consider that your gambling activities are still relatively safe and feel that you are still able to control your gambling activities and feel that your expenses are still well organized, so that they do not cause significant losses, then not keeping records is not a problem.

Keeping records is just a form of our caution towards the gambling activities that we do, because it is feared that this gambling activity will only cause considerable losses. And it is feared that the money we spend when gambling is not well organized.
And this record is good or not for us to do, back again to each person in reacting to it.

[Iroh]

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.

Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

[Oilacris]

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.

Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

You would really be finding yourself that a detailed gambler if you are really that making those tallies on which simply means that you are really that serious on your gambling session.
Well, its always been recommended that you should be watchful in regarding your spending because it would really be that making you avoid into something like getting wrecked or
spending up that much. Dont make yourself get that addicted because once you do fall yourself into such condition then getting out would really be that hard.

Keeping records? Doesnt really make you a bad gambler on not keeping it, there are really just those people who dont really care
about their gambling activity and this is why they dont really make those tallies or record.

[nullama]

~snip~
Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

Yes, spot on.

The whole gambling thing is about not thinking about it too much. That's also why in casinos they don't have windows or clocks anywhere, they don't want you to realize how much time you have been in there.

It's a bit like being in a different reality, controlled by the casino. And when the gambler wakes up, sometimes they find themselves in a very different reality.

[ethereumhunter]

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.

Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

If they have a specific reason for making a detailed report on their gambling history, they will definitely use it to achieve their goals. Maybe they want to compare how much they win and lose from gambling and will apply something that might be useful for them in anticipating more losses or to find out how much money they have used for gambling in a month. But indeed, people who don't use gambling for anything other than just having fun won't bother to make a gambling report because they have to write a report every time they finish gambling. That would be a waste of time because they would have to do other activities immediately. Apart from that, seeing his gambling report, which may result in more losses, can make him want to recover his losses.

[carlisle1]

~snip~
Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

Yes, spot on.

The whole gambling thing is about not thinking about it too much. That's also why in casinos they don't have windows or clocks anywhere, they don't want you to realize how much time you have been in there.

It's a bit like being in a different reality, controlled by the casino. And when the gambler wakes up, sometimes they find themselves in a very different reality.

Yeah, that's the point casino owners would love to see you continually using their platforms they will do anything to keep stay and enjoy
and for those gamblers who are being allure by that strategy, most of them lose after.

If you are not keeping your records and you are just playing all in, eventually you will lose your money and you will end up losing more compared
to what you intended to use.

Though some may have that capability, but most don't and that's where the gambling owners are getting their huge chunks of profits.

[Iroh]

~snip~
Stats are for people who want to present or have a detailed report on something and while I’m yet to meet someone who would want to be continuously updated on the sizable chunk of money he has lost overtime compared to peanuts he most likely felt really happy to have won, there may actually be some people who have and keep such detailed report of their gambling history for whatever reasons.
I think the average gambler which includes the group of gamblers who play for recreational purposes as well as those who aren’t frequent and play at random could care less for records of their gambling which would probably show more loses than wins.

Yes, spot on.

The whole gambling thing is about not thinking about it too much. That's also why in casinos they don't have windows or clocks anywhere, they don't want you to realize how much time you have been in there.

It's a bit like being in a different reality, controlled by the casino. And when the gambler wakes up, sometimes they find themselves in a very different reality.

Overthinking it could sometimes take away all the fun out of it and anxiety slowly replaces the feeling of excitement that was initially there. And that’s why I think people dream up notions about the possibility of earning an income from gambling.

Casinos, being in business to make profit, is not really different from any business that has profit oriented goals. would create a suitable environment for anyone willing to gamble. After all, it’s only natural for businesses to be innovative and want to provide the best environment for customers.
I must admit. Not having clocks or windows so people wouldn’t be time conscious would go a long way in making people stay much longer and spend more money.

[dezoel]

Honestly, most casinos have the stat tracking for you anyway, so I do not think that this really deserves an attention. Only thing you need to keep checking out is how much money you spent, and you should put a limit to how much you are willing to spend per month, and if you reach that amount then get out, I do not think that you should keep going.

I keep gambling with very low amounts, and usually that doesn't make me too much money and quickly ends, so I gamble like first week of every month and then stop, if I had a lucky week then maybe two weeks of a month, but I rarely get to see a whole month of gambling, I must be very very lucky for that to happen. All this thanks to following how much I gambled for that month, that's it.

[nullama]

~snip~

Overthinking it could sometimes take away all the fun out of it and anxiety slowly replaces the feeling of excitement that was initially there. And that’s why I think people dream up notions about the possibility of earning an income from gambling.

Casinos, being in business to make profit, is not really different from any business that has profit oriented goals. would create a suitable environment for anyone willing to gamble. After all, it’s only natural for businesses to be innovative and want to provide the best environment for customers.
I must admit. Not having clocks or windows so people wouldn’t be time conscious would go a long way in making people stay much longer and spend more money.

Yeah, it's a form of entertainment in a way.

Casinos provide the space for people to enjoy some chances to become millionaire. That's also why many casinos are built as "fancy" places, so that people would feel a bit of that lifestyle.

As with everything in life, if you do it in a balanced way, there's no issues. The problem starts when people lose control and gamble all their money away.

[TurboMen]

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 keep records either because if I do or anyone else that does that means only one thing,whenever you will be back reviewing your spreadsheet with your win/loss data you will think not twice but more than that before you gamble.

It is true that when you don't keep it you only tend to remember your big wins but if your lost sessions are consecutive you will remember them too so I don't see any real benefit of keeping track,in order to avoid this use a preset budget for gambling every week or every month and stick to it,you will know the data without keeping a spreadsheet.

Don't you think it's a benefit that whenever you are back reviewing your spreadsheet with your win or loss data, you will think not twice but more than that before you gamble? Because in my opinion, it's a kind of reminder, not like guilt-tripping or anything, but the reality check on your spending. The real benefit of keeping a record is that you can analyze not only your lose and win record but also your actual financial spending on gambling, and you can verify it with your actual financial savings. And I don't think every gambler should have to keep their record, because if you're not a gambling addict, then you will definitely think before spending.

[nullama]

~snip~
Don't you think it's a benefit that whenever you are back reviewing your spreadsheet with your win or loss data, you will think not twice but more than that before you gamble? Because in my opinion, it's a kind of reminder, not like guilt-tripping or anything, but the reality check on your spending. The real benefit of keeping a record is that you can analyze not only your lose and win record but also your actual financial spending on gambling, and you can verify it with your actual financial savings. And I don't think every gambler should have to keep their record, because if you're not a gambling addict, then you will definitely think before spending.

Yeah, it's clearly a benefit.

But it will most of the time mean that the person will see that they are paying way more than what they feel comfortable, and maybe stop gambling, which is an activity they enjoy.

So, many people just don't want to see that reality because they want to gamble again.

Same with alcohol, if you enjoy drinking it, you won't bother paying high prices for it, whereas paying for other things at the same price would be a big no for the same person.

Human behavior is so interesting!

[angrybirdy]

~snip~
Don't you think it's a benefit that whenever you are back reviewing your spreadsheet with your win or loss data, you will think not twice but more than that before you gamble? Because in my opinion, it's a kind of reminder, not like guilt-tripping or anything, but the reality check on your spending. The real benefit of keeping a record is that you can analyze not only your lose and win record but also your actual financial spending on gambling, and you can verify it with your actual financial savings. And I don't think every gambler should have to keep their record, because if you're not a gambling addict, then you will definitely think before spending.

Yeah, it's clearly a benefit.

But it will most of the time mean that the person will see that they are paying way more than what they feel comfortable, and maybe stop gambling, which is an activity they enjoy.

So, many people just don't want to see that reality because they want to gamble again.

Same with alcohol, if you enjoy drinking it, you won't bother paying high prices for it, whereas paying for other things at the same price would be a big no for the same person.

Human behavior is so interesting!

For me, It's not that important if you track all your records in gambling or not. I'm aware that it will be helpful for some gamblers because they can monitor their total spending amounts most specially if they know their limits and needs to control their money to avoid losing much  but for other gamblers who used to gamble and majority of the time they played is all about losing, It will be a bit frustrating because it reminds them of things that should be forgotten and never looked back on.