How much of my salary should I use to gamble

[fullhdpixel]

Some people can asked any sort of weird question sounding ridiculous to the ear, why should someone think of using his salary for gambling in the first place, then can boldly come up to the public in asking as well on the amount to be ratioed for gambling from salary income, i know as well that some would have also given ridiculous answers like the entire salary for gambling, because this is something we just need to understand that we are gambling all because we are able to afford doing so, and we should gamble with the amount of money we are capable of loosing.

I don't see anything wrong with it if someone is asking the public how much of his total earnings will be appropriate for him to use for his gambling activities. A salary doesn't have to be the money that one uses for monthly expenses but one's salary can be higher than what one might need for their daily or monthly needs, so if one can spare some money out of their salary, they can use a portion of it for their gambling activities because that money isn't supposed to be used for anything else.

However, no one can tell a person how much money he should or can use for his gambling activities out of his salary because a person should know these things themselves. They should see how much they are earning, how much is spent on household expenses, how much goes for savings, and then whatever remains, they should know how much they can use for this purpose.

[bitzizzix]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Since I don't know how much salary or other needs you will need for one month, I just suggest that you prioritize all other needs and payments, if any, first. And if you still have some salary left, you can use it to gamble and it is just money you can afford to lose without regrets.
It sounds like you're just starting out, because if you liked gambling you wouldn't be asking this. And this is what you need to worry about because often when beginners gamble they don't have the ability to control themselves and also manage their finances so it turns into suffering. And if your salary is barely enough, it's best not to do it. And if you still want to do it, you should look for work or additional income to be able to back up your finances when undesirable things happen that are beyond your expectations.

[TopTort777]

I wonder if OP really would listen to suggestions he was given here, or will just ignore this, his own, topic. I dont know why people seek for advices for such cases. Spend as much as you wont. We are nobody here to suggest you how you should spend your money. If you want, spend all your salary in gambling if you want, if you can afford that, if you feel like you need to spend so much. In addition we dont know what kind of gambler you are. Whether you are a risky guy, or the one who gambles with 1sat bet and feel disappointed every time you lose it. Anyway, listen to nobody, gamble the way you want.

[boty]

If you can do it, don't use any of that to gamble, most cases that you can do this is if you've got a side hustle where you can easily supplement your gambling habits since you've got an extra income. If you're not that person that I'm talking about, you probably shouldn't portion your salary to satisfy your gambling needs, most of the time, you're going to end up with nothing and that money that you will allocate will definitely be not enough for the gambling session. If you're the kind of person that's got a salary that's on the 5 or 6 digit territory already, you're probably good with a 10% of that being used for gambling if you really can't help it.

Limiting funds for gambling is certainly very good because if we use too much funds for gambling, of course this will make us have financial problems and this will put us in financial problems, so it is important for everyone who gambles to be able to limit the funds that will be used. used for gambling so as not to experience things we don't want, because in gambling no one can win bets continuously.

[Samlucky O]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Gambling doesn't have a specific percentage to gamble with. It depends on what you chose that wouldn't affect you. It has been said repeatedly that gamble with what you can afford to lose. It should range from %1 to %10 depending on your weekly or monthly income generation capacity. But as beginner I may sudgest to use 1-5% in other to check if you can be able to withstand loses, before you can start gambling %10 and above. Because a newbie may become frustrated after losing alot in a start. but if you have mastered self decition and control, then you may decide to even gamble with half your salary at your own risk.

[Jody.Drummer]

If you can do it, don't use any of that to gamble, most cases that you can do this is if you've got a side hustle where you can easily supplement your gambling habits since you've got an extra income. If you're not that person that I'm talking about, you probably shouldn't portion your salary to satisfy your gambling needs, most of the time, you're going to end up with nothing and that money that you will allocate will definitely be not enough for the gambling session. If you're the kind of person that's got a salary that's on the 5 or 6 digit territory already, you're probably good with a 10% of that being used for gambling if you really can't help it.

Limiting funds for gambling is certainly very good because if we use too much funds for gambling, of course this will make us have financial problems and this will put us in financial problems, so it is important for everyone who gambles to be able to limit the funds that will be used. used for gambling so as not to experience things we don't want, because in gambling no one can win bets continuously.

Yes, of course, having a limit on the amount of budget is indeed a plan that must be owned by all gamblers, none other than the benefit is that we avoid financial problems because of course when you do not apply any restrictions on the amount of budget allocated to gambling then yes of course over time you will certainly experience problems with the financial balance of your life and I think there is a lot of evidence that we can see from the downturn experienced by some gamblers who are too excessive in treating their gambling activities.

Actually not only limiting the amount of the budget, but also by limiting the time of involvement, such as knowing when to stop and gamble in moderation, because this is what must be considered, logically when you do not have limits on gambling time then obviously the limits you have applied to the amount of the budget will not be useful because of course if the session continues then you will definitely have to allocate some money again, so limiting the amount of the budget and limiting the time of involvement cannot be separated and must be applied simultaneously.

[ethereumhunter]

You don't have to playing gambling, even if your colleagues playing gambling. Even if gambling becomes more popular in your city, that doesn't means you should playing gambling because you knows the risks of playing gambling. If you are not ready with the risks of playing gambling that can becomes bigger, you must avoids gambling before you changes your lives into a worst situation. But if you still insist to follows your colleagues to playing gambling, you must have a strong self control and only use 5% of your salary to playing gambling. If you almost use that percentage, you must leaves the casino immediately to avoids the wanting of keeps playing gambling because you see your friends still playing gambling. That can caused you keeps playing gambling without thinks about the lose that can becomes bigger.

[knowngunman]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Gambling is legal and very popular in your locality but does that mean you should use part of your salary to gamble compulsory? Just because it's allowed in your locality or people talk about it publicly doesn't mean there's no risk or you should think of investing some part of your salary into it. I'm not saying you should not use part of your salary to gamble but you sounded as if it is financial responsible to do that. One thing you should know about gambling is its addictive nature. You can start with a little percentage of your salary but you might probably be carried away some time and gamble more than your initial planned amount.

Moreover, you are the only one that know your salary and financial situation. These are the factors that determine your entire budget that might include gambling. The percentage depends on the risk you can bear but the wider opinion about it is to just gamble with the amount you can afford to lose. If you can afford to lose your entire salary to gambling, you should do it but remember they are more responsible ways for us to spend our salary other than allocating it to gambling.

[Outhue]

To me it is not about the percentage that I should sacrifice to gambling activities, you need to come up with an amount, assuming you are using $30 for gambling, let it be this $30, because it is all you can afford to lose in gambling, so even if you are making $1000 from your job you still need to keep using $30 in gambling.

Let's say you start getting more than $1000 every month, you don't need to increase this amount, because $30 is what you can always afford to lose, stick to this amount and keep growing, remember that gambling might not get you anywhere, instead use money to invest in assets.

Investing in assets will bring you a better future, you could get lucky in gambling  as well but this strategy won't make you relax on gambling, keep risking $30 every time in a month and that's it for gambling side, but take more risks in investment.

Why? Investments bring promised results and gambling is like catching the air, which do you think is likely to come true?

[Volimack]

I think it would be better to invest than to use part of salary for gambling. If you treat gambling as a form of entertainment and use it as part of your salary it can gradually turn into an addiction. Then it turns out that you are wasting everything on gambling which will become dangerous for everyone in your family. And investing part of the salary will provide future protection and get better results. Gambling is more likely to lose than win.

[Hirose UK]

I wonder if OP really would listen to suggestions he was given here, or will just ignore this, his own, topic. I dont know why people seek for advices for such cases. Spend as much as you wont. We are nobody here to suggest you how you should spend your money. If you want, spend all your salary in gambling if you want, if you can afford that, if you feel like you need to spend so much. In addition we dont know what kind of gambler you are. Whether you are a risky guy, or the one who gambles with 1sat bet and feel disappointed every time you lose it. Anyway, listen to nobody, gamble the way you want.

It possible that the OP wants to get some answers about what he really wants to know regarding the average percentage of money used by members here who are also gamblers, but if he just ignores it then it will only be in vain.
However, at least with this topic, some gamblers who still often gamble with excessive amounts of money can see or use the overall feedback as reference for the money they will use.
I myself would always advise everyone who gambles to first meet their living needs and set aside money that should be saved for savings, after that use the remaining money from their salary to gamble if they really want to bet or play on gambling site.
That way, even though there are lot of risks, they still won't feel the bad effects because what is used to bet is money that can be accepted to be lost, such as using 10% of the total income and I think this percentage is acceptable if lost.

[sompitonov]

I wonder if OP really would listen to suggestions he was given here, or will just ignore this, his own, topic. I dont know why people seek for advices for such cases. Spend as much as you wont. We are nobody here to suggest you how you should spend your money. If you want, spend all your salary in gambling if you want, if you can afford that, if you feel like you need to spend so much. In addition we dont know what kind of gambler you are. Whether you are a risky guy, or the one who gambles with 1sat bet and feel disappointed every time you lose it. Anyway, listen to nobody, gamble the way you want.

It possible that the OP wants to get some answers about what he really wants to know regarding the average percentage of money used by members here who are also gamblers, but if he just ignores it then it will only be in vain.
However, at least with this topic, some gamblers who still often gamble with excessive amounts of money can see or use the overall feedback as reference for the money they will use.
I myself would always advise everyone who gambles to first meet their living needs and set aside money that should be saved for savings, after that use the remaining money from their salary to gamble if they really want to bet or play on gambling site.
That way, even though there are lot of risks, they still won't feel the bad effects because what is used to bet is money that can be accepted to be lost, such as using 10% of the total income and I think this percentage is acceptable if lost.

10% is an excellent part of the total salary. If the player loses in the worst case, his wallet will not feel this amount.

As for the money put aside and only after that, they are under threat, because the player can break loose and, in a fit of wild rage and excitement, lose everything put aside in advance. The player needs to limit access to this money, for example, he can receive it from the bank only if the consent of the husband and wife is given at the same time. In this case, he will not receive the money.

Also, a lot depends on the salary, if it is huge, then you can afford 5% on games or less.

[Bananington]

... why I am asking the question of what the right percentage from my salary that I should use to gamble?

There is no fixed percentage that is appropriate for gambling, and the percentage appropriate will differ from person to person. I personally think that before a percentage is allocated for use in gambling a salary earner has to make sure that a salary has been split into other more necessary and important uses in their budget and then whatever is left of after settling all those responsibility can then be allocated to gambling.

So whatever percentage is left after proper budgeting has been done is what is appropriate for gambling.

[Dewi Aries]

... why I am asking the question of what the right percentage from my salary that I should use to gamble?

There is no fixed percentage that is appropriate for gambling, and the percentage appropriate will differ from person to person. I personally think that before a percentage is allocated for use in gambling a salary earner has to make sure that a salary has been split into other more necessary and important uses in their budget and then whatever is left of after settling all those responsibility can then be allocated to gambling.

So whatever percentage is left after proper budgeting has been done is what is appropriate for gambling.

This is just like we compare between rich gamblers and poor gamblers where these two people have differences in terms of financial strength in life, but if we talk about gambling then it is clear as you say that the percentage amount of each person will be different - different on gambling because they have different income in life, but still in the end the percentage that should be allocated to gambling is the amount that does not exceed its capabilities, or in the sense of only putting the amount that you can afford to lose.

Gambling is just a probability activity which means it is nothing more than a game of chance and obviously that means gambling should not be a priority in life because there are other things that are much more important than managing money for gambling, which is as you said to first solve all your life needs, such as allocating money to buy raw materials for food or other needs and after that if there is money left over that is not too used then you can allocate it to gambling. The point is that we cannot tell them to put a certain amount of money, because as we discussed above that everyone's income is different, meaning that what is recommended is to put a small amount that you can be responsible for if you lose in the end and not interfere with other things in your life.

[Gheka]

... why I am asking the question of what the right percentage from my salary that I should use to gamble?

There is no fixed percentage that is appropriate for gambling, and the percentage appropriate will differ from person to person. I personally think that before a percentage is allocated for use in gambling a salary earner has to make sure that a salary has been split into other more necessary and important uses in their budget and then whatever is left of after settling all those responsibility can then be allocated to gambling.

So whatever percentage is left after proper budgeting has been done is what is appropriate for gambling.

Agree, first always aim for practical values ​​in life before thinking about some entertainment, there is no one value and perfect answer to this question, it is simply that each person needs to orient their financial situation before and after gambling, next to that is whether the odds of them becoming the master of the game are really high or whether they become pawns in gambling. There are inherently many questions that need to be resolved before coming to this problem, but lack of listening is so common, it almost becomes an addiction and it is impossible to know what spending is appropriate for gambling.

[mvdheuvel1983]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Op, I can see that you have already made up your mind to gamble, since that decision has been made by you, it is also left for you to decide on the amount you can use to gamble, gambling decision is personal, nobody is allowed to make decision for you on the amount that you can use to gamble, but if I can give my little advice I will say that if you want to gamble, gamble with what you can afford to lose, gambling is not certain, it is not even an investment, if you must gamble, it should be done with care hence is not something you are not sure that it will happen as you expect it to be.

As a gambler too your income matters on the amount you can gamble with, it will amount to a high level of foolishness when you gambler with a high percentage of your income without considering the potential risk that's is involved, if you must gamble, you should consider some inevitable circumstance before deciding the amount to use in gambling.

[mamesso]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

What is the nominal value of 100% of your salary that you get?
If we don't know how much salary you earn, it's difficult to imagine what percentage is appropriate to use for gambling. If you have distributed your entire salary to where it should be allocated, such as household needs, savings and other expenses that are your needs, you can allocate part of your salary that you can afford to lose to gambling. Gamble as much as you can, if you get a promotion or get a bonus at work, you can increase the percentage for gambling.

[dezoel]

Just because it is now a thing, does it mean you should join it too? No OP, that's wrong, especially if that thing is gambling. Maybe you haven't heard of those people yet who destroy their lives because of gambling but now that you personally know it from me, it's better to not involved your self at it. Even me, I'm also a problematic gambler but I'm figuring my way out now.

I will still answer your question there mainly for the sake of those who are already involved with it and trying to discipline their selves if they think it's impossible for them to quit gambling forever. The answer by the way is not more than but can be equal to 1%.

[Don Pedro Dinero]

I doubt the OP's question is serious. If it is, it seems to me that he is a fool to be honest. The question is similar to the one that asks what percentage of your salary you should invest, and as has been pointed out, there are many nuances, but in the case of gambling I have been gambling for a long time and I have not asked myself a question like that.

Just because it is now a thing, does it mean you should join it too? No OP, that's wrong, especially if that thing is gambling. Maybe you haven't heard of those people yet who destroy their lives because of gambling but now that you personally know it from me, it's better to not involved your self at it. Even me, I'm also a problematic gambler but I'm figuring my way out now.

Yes, it's like the one who asks: how much should I play with fire?

For me the maxim in this is that you bet with money that you can absolutely afford to lose, and be aware of the risks.

[Oasisman]

Gambling is becoming a popular thing in my locality almost everyone gamble and even colleagues gamble and engage in gambling related discussions at work,  so gambling is legal and very popular so there is no Shame in using part of a salary to gamble with that is why I am asking the question of what the right percentage from my salary that I should use to gamble?

Safe to say it should be less than 5%, but what would you ask the community about a reference on what percentage of your salary portion should go to gambling, when we all have difference in financial responsibilities with ourselves and our family? If your salary barely enough to pay your bills, mortgages, and even necessities, then that 5% makes a huge difference if you don't spend it on gambling.
Now, if you are the kind of person who earns a lot, like you can feed, pay bills and everything on time without any problem and you still can have a lot of money left after all those are taken into consideration, then I think 5% might be too little and you can get up to 10% if you really are a gambling person, otherwise 5% would still be enough as the amount varies on the amount of income we can make.