Do you keep a record of winnings and losses in gambling?

[justdimin]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I think there is already a similar thread like this. However, I will still answer that I am the person who records the wins and losses of my gambling activities. Maybe for some people this is very inconvenient because they have to record it in excel or their notepad, but I personally think that it is not a hassle at all because by recording my wins and losses I can see how my performance is.
And not only do I record wins/losses, I also record expenses for each game I play and at the end of the month I sort it in Excel to see how much I earned and spent on my gambling.

Maybe you are referring to this?. But it's nice to hear that you are like that because I assume that you are a very organized person in each of the things that you do. It can be a hassle if you are actively playing but it can also be for your own good to know your spending especially if you think you are addicted already. Losses and winnings will be nothing without real money involved.

In my case, I rarely did it. And if I do, I only use the notepad in my mobile because I find it more easy to use and straight to the point. Doing this will prevent me from depositing if I see that I never win yet on a certain period or my losses are more than my winnings.

[ethereumhunter]

I prefer to keep these thoughts in my mind rather than jot them down, as I'm uncertain of their future purpose. Thus far, my involvement in the realm of gambling has not been particularly serious, as reflected by the modest sums I wager in each game. The amount I've spent on gambling hasn't been significant, as it's primarily for entertainment purposes every week.

I merely recall a few losses on high-odds bets and victories on low-odds wagers. It's like something etched in our minds automatically. I've never documented these experiences in writing or on screen recordings.

You have to maintain that and keep using gambling as entertainment so that you don't get deeper into gambling. There are many consequences that you can receive if you get deeper into gambling and the worst is when you become addicted to gambling so you really have to be able to maintain self-control while gambling.

It will depend on each person to record their gambling or whether they don't want to have a record because they don't want to remember how much money they have used. And it's okay if you don't document your gambling because you have other reasons. And whatever it is, what we have to remember is to limit our gambling and not chase winning because it is difficult to do.

[NeilLostBitCoin]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

[Docnaster]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

It's a nice decision to now allocate a stipulated amount of money each time you want to gamble and quit for the day whenever the money used is exhausted. One thing about keeping records of winning and losses is that it keeps a gambler in check as in to know if he's truly progressing or not.  When a gambler keeps his records of winning and losses, he can be able to know if gambling is a profitable engagement for him or not which will help in future decision making on wether to continue gambling or reduce his gambling activities. Whatever we do I think we must to to be progressive and when it becomes obvious that there's no progress, it's good for us to quit

[Hypnosis00]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

And it makes sense, really. Why? Because all of those things don't contribute any but instead, it only ruins our day seeing a huge amount we've lost. Perhaps, it was not necessary as we know that we've lost a lot rather than winnings, and it was natural in gambling. At least, we don't have anything to remember that disappoints but instead, we still make fun of gambling.

Well, I couldn't really imagine doing this and I'd never been thinking of doing it. Might some gamblers have been into such things but for sure, they will soon stop it.

[darkangel11]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

In other words, experiencing losses threw you out of your game. You felt so bad about it you didn't want to see the records anymore and went into denial mode, because as long as we don't see it and don't think about it, it didn't happen.
I don't keep records because it's not a daily or even weekly thing for me. I gamble occasionally and I would find it annoying to count every penny and write it down. I don't even keep records of my bitcoin investment. I know the general range at which I bought my coins but I wouldn't be able to tell you how much in profit I am.

[rodskee]

                                                        In the past I keep recording my losses per week , and assume that I will never have
the same losses in the next week but it turns out that instead of of lessening ? i chases my losses so i stopped the recording
 and only let my wife allows me specific amount to gamble, I even asked her the money because she is the one whos holding
my ATM and just giving me allowance for how much I needed.
    
                                                       So for me there is no need for recording instead what we need is to control our gambling ,
 Have a plan to how much  to risk and how much a target winning. that is the safest and the best way to stay better in gambling.

[Gozie51]

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

Experience they say is the best teacher. Sometimes it is nice to have a taste of something to know if we are cut out for it or not. Like most of us here have tasted gambling and we know where we are better fit because of the loses and wins we have recorded. Keeping records is good to have a good check of the gambling loses and wins if at all we have had wins. Another thing is to take a decision after you know the outcome of the records if it is favourable or not.

[boty]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

By recording the losses we experience, of course we will not be able to control ourselves from gambling, we will continue to gamble because we want the money we have back, we can return with a big win, but that will never happen if our money runs out. all to do gambling. Limiting the money we have for gambling will certainly enable us to control ourselves in gambling and if the money we spend on gambling has run out then we will not take other money to continue gambling and this can help us to safeguard the money we have.

[Saisher]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I never do this but from time to time I check my betting history not to check my losses and wins but to check the pattern even if it will not give me a hint about how to play I checked it out of curiosity, I can be organized on many things but I don't want to be organized in gambling it will just be guilty on how much or how big I'm losing in gambling, I prefer to just play and forget and consider gambling as a form of entertainment and the kind of entertainment where you need to pay jus tliek you do when paying for a movie or concert.

You never calculate the money you spend on cinemas or concerts if you treat gambling like entertainment like you do with concerts and cinemas you're not going to keep a record.

[Johnyz]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I’ve done this when I’m still new and still have no good system in my gambling activities and there’s nothing wrong on doing this because you can assume to be a responsible gambler and you just want to track your activities. Since it requires a lot of time and effort, i decided not to continue doing this and just focus more on my strategy and setting limit in my activities. If you want to know if you are making profit or not then do this maybe by doing this you’ll realize that gambling is really not a good source of money if you are not lucky.

[Orpichukwu]

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

Everyone has a different objective as to why they will want to keep record of their gambling history and why they won't also want to do that. You have been doing the record-keeping thing for some time, but suddenly you stopped doing that as a result of the record reminding you of the money you have spent in gambling, which could either mean both ways, as many have claimed that it will make them start chasing their losses, but to some it will make them stop and reduce the amount that they gamble in order not to get those losses bigger than they already are.
 
To me, such a record will help me monitor my gambling habit, decide if it has been favourable to me or not, and based on this, I will decide on the next step to take. But stopping to keep those records won't help stop gambling either, but the pains that manner of loss seen in the record will show you might help stop one from gambling after recording what that large amount spent could have been used for.

[madnessteat]

~snip~

There was a time when I kept records of my winnings/losses and I'll be honest with you, you're right in that it's pretty useless, especially when you have a strictly limited gambling budget. In my opinion it doesn't matter at all how much money you win or lose gambling, as long as you spend the money on something you really enjoy. Besides, I don't see the point of counting the money won/lost, because even if I have this information - it will change absolutely nothing.

[Nerdy doctor]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I don’t know.. Keeping a record of all your outcomes whenever you stake doesn’t seem that important or exciting. If a gambler keeping such a record and has about 10 pages filled with records of losses and only a page or two having his wins, I think that would be pretty depressing. Seeing how much money he has spent having hopes of winning and finally losing out. That could be pretty depressing or could further still, motivate the person to keep playing and still having hopes of winning the big one that could cover all his losses he has incurred.

It’s pretty much a waste of time to log in all your wins and losses. Your memory already holds such records so why bother?

[MAAManda]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

We have to admit that recording losses and wins (in statistics) will certainly make the gambling we do no longer enjoyable, but I personally still have the mindset that everything must be recorded, regardless of whether I have a budget allocated for gambling or not. By recording losses and wins, it will make us gamble realistically and considerately. Everyone has their own POV, whether they record losses or not, allocate a gambling budget or not, it all has to be done responsibly, that's all.

[SOKO-DEKE]

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

Keeping records of wins and losses in gambling may be a good idea, but I don't think I can do it because that will not always give me rest of mind if I always discover my losses, and with that, I will not enjoy my gambling again. That can really even bring depression to me if I could have the record and discover that those small amounts I waste in gambling become big amounts after all the calculations. So the best thing for me is to just continue gambling with a small amount that I can afford to lose, and I think that will be a wise idea for me. To be honest, having records of certain things is very good, because that can even be a great help, especially in gambling. The records will help some people determine whether to continue gambling or not.

[Jemzx00]

I used to do it, but not anymore because I sometimes forget to track a couple of bets until they stack up to a hundred. It was helpful at the start so I could keep myself under control after a few losses and then I got a bit lazy as my betting went on through the year.

If you lose your bankroll too quickly and gamble again the next day, it might feel like a chore and even a waste of time because gamblers don't always look back at the mistakes they've made from their previous bets.

Apart from doing it can became a hassle, I don't really find very useful as most platform have an option to view your betting history and even your statistics whether your on a positive or negative profit.

I understand that keeping a record can help you track your gambling status which might assist you on controlling your gambling activities but still it can also make you chase loses if you notice that you're somehow winning and recovering your loses.

[Issa56]

In the past, I used to keep detailed records, which included all the deposited transactions and the losses in my account. However, I gradually stopped maintaining these records after experiencing several consecutive losses over a few months. Since then, I have not been keeping track of my losses. Right now, I accept that losses in gambling will lead to more enormous losses when you're trying to recover them. So, currently, I have allocated only an amount I can easily forget to lose.

Is keeping records useful? I don't think so. The only people that can keep records are those who gamble once in a while, but people who gamble frequently won't have time for that. How many records will you be keeping daily? Time that will be spent on keeping records should be spent on doing your analysis. You are gambling and not trading, it's of no use to keep track of your gambling activities. Keeping a record won't help you improve your gambling activities, just have a limit whenever you are gambling, and whenever your limit has been reached, it's better to stop gambling.

In my case, I rarely did it. And if I do, I only use the notepad in my mobile because I find it more easy to use and straight to the point. Doing this will prevent me from depositing if I see that I never win yet on a certain period or my losses are more than my winnings.

Maybe since I don't keep gambling records, that's why I think it's a waste of time. I have to ask you what's the purpose of keeping gambling records and how it's going to improve your gambling activities. Maybe the response I get from you will convince me to always keep my gambling records, and how will people who gamble frequently keep their gambling records?

[Davidvictorson]

And it makes sense, really. Why? Because all of those things don't contribute any but instead, it only ruins our day seeing a huge amount we've lost. Perhaps, it was not necessary as we know that we've lost a lot rather than winnings, and it was natural in gambling. At least, we don't have anything to remember that disappoints but instead, we still make fun of gambling.

Knowing that one has lost a huge amount of money would help the individual decide whether to cut back on gambling, or not. Cutting back may mean, a gambling budget,  gambling time, some breaks off of gambling and so on. These are the possibilities that exists when there is a record keeping.

Well, I couldn't really imagine doing this and I'd never been thinking of doing it. Might some gamblers have been into such things but for sure, they will soon stop it.

It would make a lot of difference if you do.May I challenge you do it for four weeks and report to us the results.

[Westinhome]

Keeping records of wins and losses in gambling may be a good idea, but I don't think I can do it because that will not always give me rest of mind if I always discover my losses, and with that, I will not enjoy my gambling again. That can really even bring depression to me if I could have the record and discover that those small amounts I waste in gambling become big amounts after all the calculations. So the best thing for me is to just continue gambling with a small amount that I can afford to lose, and I think that will be a wise idea for me. To be honest, having records of certain things is very good, because that can even be a great help, especially in gambling. The records will help some people determine whether to continue gambling or not.

This was the difference between the experienced gambler and to the new gambler.The aim of the new gambler will be make the big win in the game,So he don’t bother about the deposit money to the gambling sites.The gambler should keep their own separate record for the loss and record for win.So he can tally the both win and loss in the game in the say to day gambling games.But the gambler should not take this in the wrong way and become the gambling addict in the game.The record must be secret and shouldn’t reach your family members.So the family member should not start to question you on this loss in the record.