How much of my salary should I use to gamble

[rahmad2nd]

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?

Your question is, based on the salary you get, how much should you budget for this hobby? My answer is simple, whatever you want and can afford to lose. remember, whatever it is there is always a risk. Every choice is in your hands, and basically no one can limit you according to your own wishes. It's okay for you to look for comparisons or references for the bankroll you have to prepare from a fraction of the salary you get, but it's not certain that you will agree with every opinion or suggestion that we discuss in this thread.

Moreover, referring to your thread, it seems that gambling is very familiar to you and the environment around you. In fact, we can discuss it from various points of view related to what your question is. But what I think is important is why you are doing a gambling session. Whether you're having fun, making money from your gambling, or just having fun while spending your free time, there are various reasons why people gamble, apart from wanting to win. Moreover, if the win you want to get is at a fantastic value.

Well, I like gambling, the most dominant bet is sports. However, there are rules in the gambling that I do. before I gamble, I have to fulfill all the family's basic needs first. the rest, budget for emergency money. after that, then I can bet with the remaining extra money. but usually, I rarely distract from the main income results. The point is, the money I bet is mostly from side jobs that don't interfere with anything. meaning, I can start with even the lowest bankroll. or, I can bet with a large bankroll. Most importantly, no one is harmed, including my own financial situation, especially when I lose.

[angrybirdy]

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?

Is it okay to talk about gambling in your workplace? In our case, it is not allowed to talk about gambling and it is included in our work ethics manual, even simple bets, but if it is outside the workplace, it is allowed. Anyways, not sure if there is really a right percentage or amount from the work salary that we can use for gambling because I don't do it, Usually the money I use for gambling is my extra money or when I have money saved from my sideline because the money I earn is allocated only for important things and bills but if that's what you do, you can use 5-10% of your cut off salary and just stick to that % so you can balance your money, remember You can quickly run out of money once you lose in gambling, so you should be prepared for the possible outcomes once you gamble too much.

[irhact]

Is it okay to talk about gambling in your workplace? In our case, it is not allowed to talk about gambling and it is included in our work ethics manual, even simple bets, but if it is outside the workplace, it is allowed. Anyways, not sure if there is really a right percentage or amount from the work salary that we can use for gambling because I don't do it, Usually the money I use for gambling is my extra money or when I have money saved from my sideline because the money I earn is allocated only for important things and bills but if that's what you do, you can use 5-10% of your cut off salary and just stick to that % so you can balance your money, remember You can quickly run out of money once you lose in gambling, so you should be prepared for the possible outcomes once you gamble too much.

I think it depends on the field of work an individual is doing, some workspace would give workers the time to gist and carry out other activities while some won't tolerate such or even give one time to focus on other stuffs like gambling therefore if one finds themselves in a workspace that permits such, good for them if not abide to the rules of your job and gamble outside your workspace.

 Well an extra money could be  any percentage of an individuals income but left for i won't gamble with anything beyond 5% of my income. If gambling didn't involve lots of risk i think i would've gone beyond 5% but since I'm aware that it involves lots of risk then be on the safer side I'll only invest what I'll be willing to lose without feeling very bad, which is 5% of my income.

[GigaBit]

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?

Is it okay to talk about gambling in your workplace? In our case, it is not allowed to talk about gambling and it is included in our work ethics manual, even simple bets, but if it is outside the workplace, it is allowed. Anyways, not sure if there is really a right percentage or amount from the work salary that we can use for gambling because I don't do it, Usually the money I use for gambling is my extra money or when I have money saved from my sideline because the money I earn is allocated only for important things and bills but if that's what you do, you can use 5-10% of your cut off salary and just stick to that % so you can balance your money, remember You can quickly run out of money once you lose in gambling, so you should be prepared for the possible outcomes once you gamble too much.

I don't think there are any companies or workplaces that allow gambling at work. But still if people claim that they get that gambling advantage it seems to me to be imaginary. I don't want to talk about this though. But from a common sense I understand that gambling is a place of uncertainty if an employee gamble then his focus will be only on gambling by which the organization will never get anything good until his bet is over. Again, if the gambler loses there is still a problem because the state of mind is not good when he loses. That is why gambling should never be allowed in any workplace.

Now let's focus on income. A job holder will not be able to gamble with his share of income if he wants to because his money is divided according to different factors. In this case, if he spends a little more money, he will be financially a little unhappy because he has to spend for his entire family. If a gambler spends 5 percent of his monthly income on gambling it will not be a problem for as usual gambling.

[aioc]

There is no specific answer each individual has their reason for the percentage they allocate for gambling but whatever the amount you should make sure that you allocate first for payment of all the bills and all your family and your needs and savings, your allocation should not hurt your family's finances, you will enjoy your gambling session knowing that you don't have to win so you can sustain your needs.

[Peanutswar]

As long as you have extra money you are willing to let go. Gambling's goal is to give satisfaction and entertainment but it doesn't mean that it's on your top priority make sure to keep yourself financially stable, cater your expenses, basic necessities and etc. so you can survive on a daily basis now if you have an extra money and would like to enjoy playing gambling. Base on my experience I just have an extra of 10-20% of my salary but most of the time I just play-end of the month now, and if i win in my account I didnt withdraw that much so I don't need to make a deposit and withdrawal again, I know this is not recommended but the amount is not too much huge as you guys expected.

[moneystery]

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?

it depends on how much your salary is. if it's not too big, you don't need to spend more than 30% of your salary just to gamble, but if it's big enough you can spend a maximum of 10% of your salary to gamble. but that's just my estimate, because there is no definite calculation of how much someone should gamble with their money because each person's calculation can be different. so you should be able to calculate for yourself how much money you should gamble from your salary.

[Fiatless]

There is no specific answer each individual has their reason for the percentage they allocate for gambling but whatever the amount you should make sure that you allocate first for payment of all the bills and all your family and your needs and savings, your allocation should not hurt your family's finances, you will enjoy your gambling session knowing that you don't have to win so you can sustain your needs.

That's true. News, like someone used house rent, school fees, savings, and selling properties to gamble wouldn't occur if there was a well-enforced gambling budget. The general view is to gamble with what you can afford to lose but let me add that we should gamble with the amount that will not affect our plans. I expect every responsible gambler to always set aside funds for savings before crediting any casino account.

Most gamblers complain that they don't have money to invest because of inflation but they still afford money to gamble. I have friends who will tell you that funds used for gambling are small and insignificant. But you will know that that money you call insignificant will become huge if you save for a long time. You will be a happier gambler if you can take care of your needs, have savings and if possible an investment.

[GideonGono]

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?

I only gamble with my spare money, but if I would set up a percentage it would only be small so that it wouldn't affect me much.
I also don't want to do it regularly, I only gamble when I feel like it, so I am not setting up a percentage from my salary for it.

[Casdinyard]

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?

Ideally you shouldn't dedicate a portion of your budget when you gamble, cause that paints the image in your head subliminally that you're prepping yourself for something like gambling, which is not supposed to be something you should look out for. I think you should not give in to peer-pressure too, just because gambling is becoming a more widespread activity amongst your countrymen and colleagues doesn't mean it's the best thing to do out there, better yet not the most productive thing you could do out of your spare time. Pretty sure these people when unchecked will end up becoming gambling addicts and a menace to society once shit hits the fan and they don't have money to splurge on gambling anymore, if you wanna end up like these people then go for it.

Gambling out of peer-pressure is one of the most stupidest things you could do to yourself, you're literally digging your own grave just because your friends are telling you to do it. Research, find out for yourself if gambling is really for you, don't go out there thinking it's good to gamble cause the hot co-worker told you she's gambling.                                                                                                                                   

[Zigabel]

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?

Well this has a whole lot to do with preference a d so no answer can be absolutely correct nor wrong but then what I'm very sure of is in the fact thst some percentage are Ideal so you can aswell be able to handle other bills with the remaining of your salary. Personally from my perspective anything above 5% is too much and not a safe percentage to adopt because you may eventually get Togo bankrupt and in some cases addiction will creep in. Gambling is supposed to be a form of entertainment so spending upto 5% of ur salary on entertainment I think is a fair one.

You may actually get to have other needs that are most crucial and essential to you which you can get to spend more of your funds on so you don't have to get entertainment with a greater part of your pay cheque as it's not ideal .

[Blitzboy]

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?

Your question is, based on the salary you get, how much should you budget for this hobby? My answer is simple, whatever you want and can afford to lose. remember, whatever it is there is always a risk. Every choice is in your hands, and basically no one can limit you according to your own wishes. It's okay for you to look for comparisons or references for the bankroll you have to prepare from a fraction of the salary you get, but it's not certain that you will agree with every opinion or suggestion that we discuss in this thread.

Moreover, referring to your thread, it seems that gambling is very familiar to you and the environment around you. In fact, we can discuss it from various points of view related to what your question is. But what I think is important is why you are doing a gambling session. Whether you're having fun, making money from your gambling, or just having fun while spending your free time, there are various reasons why people gamble, apart from wanting to win. Moreover, if the win you want to get is at a fantastic value.

Well, I like gambling, the most dominant bet is sports. However, there are rules in the gambling that I do. before I gamble, I have to fulfill all the family's basic needs first. the rest, budget for emergency money. after that, then I can bet with the remaining extra money. but usually, I rarely distract from the main income results. The point is, the money I bet is mostly from side jobs that don't interfere with anything. meaning, I can start with even the lowest bankroll. or, I can bet with a large bankroll. Most importantly, no one is harmed, including my own financial situation, especially when I lose.

Your salary covers food, shelter, and other necessities. After those are covered, play with whats left. Thats responsible and winning. Gambling is like unpredictable market investment. Since the house always wins, you only invest what you can afford to lose. Staying in the game is the goal, not getting rich immediately. You lose everything if you lose essentials. Thats terrible business and unhealthy for your health and life. Remember, winning goes beyond money. Its about control and making the correct decisions to protect yourself and others. Real success looks like that.

[hyudien]

There is no specific answer each individual has their reason for the percentage they allocate for gambling but whatever the amount you should make sure that you allocate first for payment of all the bills and all your family and your needs and savings, your allocation should not hurt your family's finances, you will enjoy your gambling session knowing that you don't have to win so you can sustain your needs.

I agree with that, because indeed when we receive a salary from our work, the thing that must be considered first is our needs, whether it is meeting or helping family needs such as paying monthly bills, or saving or others. After that and there is still money left over, then use it for our desires whether for entertainment or fulfilling our own desires such as buying property or others. Let's say there is still a lot of money left over from payday, but even with that leftover money, we must be able to limit the budget allocated to gambling, do not allocate large amounts of money such as spending all the remaining salary if the amount is large enough.
Also, if for example the remaining money from the salary is small, do not expect that by betting it on gambling it can make us get a large multiplier so that it can make a lot of money that was previously small, if like that there is a possibility that we will not be able to accept when the money at stake is lost or experience defeat with the gambling that is done.

[Dewi Aries]

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?

I only gamble with my spare money, but if I would set up a percentage it would only be small so that it wouldn't affect me much.
I also don't want to do it regularly, I only gamble when I feel like it, so I am not setting up a percentage from my salary for it.

I would honestly say that you have a good approach to gambling and I am sure that it seems like you have a proper understanding of how gambling really is so with that understanding makes you really treat gambling activities very carefully by only making gambling a place to seek pleasure regardless of winning or losing results at the end of the session.

On the other hand as you say you only allocate small amounts of money to gambling and also you don't gamble very often and only gamble when you feel like it and by having this approach then obviously it is less likely for you to experience some of the significant adverse effects that many people who try to treat gambling in the wrong way tend to overdo it, and basically whatever your salary is I think it is less likely for you to experience financial problems as a result of being involved in gambling.

[Ojima-ojo]

There is no specific answer each individual has their reason for the percentage they allocate for gambling but whatever the amount you should make sure that you allocate first for payment of all the bills and all your family and your needs and savings, your allocation should not hurt your family's finances, you will enjoy your gambling session knowing that you don't have to win so you can sustain your needs.

I agree with that, because indeed when we receive a salary from our work, the thing that must be considered first is our needs, whether it is meeting or helping family needs such as paying monthly bills, or saving or others. After that and there is still money left over, then use it for our desires whether for entertainment or fulfilling our own desires such as buying property or others. Let's say there is still a lot of money left over from payday, but even with that leftover money, we must be able to limit the budget allocated to gambling, do not allocate large amounts of money such as spending all the remaining salary if the amount is large enough.
Also, if for example the remaining money from the salary is small, do not expect that by betting it on gambling it can make us get a large multiplier so that it can make a lot of money that was previously small, if like that there is a possibility that we will not be able to accept when the money at stake is lost or experience defeat with the gambling that is done.

I dont know why but I feel that when we talk about gambling and how much of our basic salary that we used to gamble, it best for the said individual the decide because salaries are not on the same amount while some persons can afford to gamble with 1% of they income at the end of the month, others could spare out 10% of their income and still be ok with it so that why I said when gamblers have access to funds that increases their urge to bet higher and since salaries comes once a month, ops could first States the exact amount he received as salary.

[bitbollo]

you must use the same amount of salary that you doesn't really need and you can even trash.
You must always use money that you don't need or money that you can allocate for "fun".
I mean it's like you're paying for an hobby/streaming tv and so on... it's just on you the right amount, it depends your needs, your financial target and so on.

[mirakal]

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?

If you are earning well, you can spare around 10% of your monthly salary reserved for gambling, but it’s okay if you go beyond that as long as you can manage your losses and won’t never be an issue. However, if you are earning a minimal amount, I suggest don’t force yourself to gamble. Gambling is meant to be fun and entertaining, not an obligation that is compulsory to fill in. Just gamble when you think you are already able enough, that you will be comfortable already of losing some amount.

[Marykeller]

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?

That would be how much you can willingly stake in gambling without having it affect the provision for yourself or that of your family.

Gambling as a salary earner(monthly or weekly) should be done approximately as Oshosondy has advised "using 1% to 5% of your salary weekly". Going above that will make one feel terrible each time they experience losses in gambling.

A married man who is a salary earner who bets above their weekly expenses will be affected in providing for their family, which can cause one to act aggressively towards their wife and when they can't provide for their family it can lead to domestic violence against their wife.

[Zadicar]

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?

That would be how much you can willingly stake in gambling without having it affect the provision for yourself or that of your family.

Gambling as a salary earner(monthly or weekly) should be done approximately as Oshosondy has advised "using 1% to 5% of your salary weekly". Going above that will make one feel terrible each time they experience losses in gambling.

A married man who is a salary earner who bets above their weekly expenses will be affected in providing for their family, which can cause one to act aggressively towards their wife and when they can't provide for their family it can lead to domestic violence against their wife.

Only fools would really be able to make use 50% up with his/her salary in playing gambling. Having that kind of recommendation of 1%-5% weekly would really be still that would be still counting 20% max on which i could say that it is really that too big i should say when allocating something on your salary and its something that i dont really tend on doing so since it is really just that too much.
It wouldnt really be wise if you would really be keeping on doing this kind of spending but if you do have that multiple income source then it wont really be that much of an issue but if you are someone whose really that having a single source then spending up 20% is something that you could really be able to spend up on something more important. Gambling is really just that for leisure and if you are someone whose really that liking gambling then spending up too much then it would be your choice but of course there would really be that consequences if you have done it too much or something that do talks about
spending like a madman. You would really be ending up on something that you dont like to happen in your life.

[Renampun]

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?

So, now how much income do you have for a month? try to only use 15% or 20% of your income or salary to gamble for a whole month because it is impossible for you to use 50% of your salary or 100% of your salary to gamble, you must be crazy if you do this.

Gambling is a risky activity, unless you have a lot of cold money then there is nothing wrong with putting a lot of money into playing, but if your money is small and you are still a worker then don't gamble excessively.