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Author Topic: How much of my salary should I use to gamble  (Read 1380 times)
Bravut
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May 11, 2024, 09:03:49 PM
 #221

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 popular and legal in your country, are you sure you don't want to get involved in this because your colleagues are involved?

Well, the percentage to be taken from your salary to gamble is based off on your salary amount, and how far the salary covers for any expenses before thinking of removing any to gamble as there is no certainity that you will recover.
For me, I think 1% is ok, since you are a starter so no need to over leverage for now, till you understand what gambling entails.

I would greatly advice if you have any other source of income, or discretionary funds you can use that to gamble rather than your salary.

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May 11, 2024, 09:18:53 PM
 #222

This question you are asking only you can answer it because it's actually your salary and you are the one who knows how and where you think you will get inconveniences if actually you used the money to gamble. I think setting the money to the range amount in which you can lose and won't get affected by the losses is actually what is needed from you as a gambler because the moment you lose and the funds you lost gets to you then it's now becomes a problem.

We cannot give advice to anyone regarding his money because a person always earned his salary due to his hard work so if he spends this salary in gambling because of the suggestions of others then this suggestion will spoil the life of his family.

I think a person can think about his salary and gambling Activities better than others so don't ask about suggestions to anyone as their financial status and living conditions are different from yours.

If you are earning less income and it can just help you to carry out daily expenses then don't gamble because with gambling you will be unable to provide good quality expenses to your family so try to invest this money which you want to use for gambling.
Good advice, we need to pay attention to the total salary we earn each month and need to consider whether that salary is optimal for our family's needs, don't cut off their happiness just because you deducted part of their salary for gambling.

Family is the main priority that we have to meet all their needs and we also have to add every salary for savings and investments, so there is no allocation for gambling unless you set aside a small portion of funds for gambling and maybe $5-10 is enough for gambling for fun , and you must make sure not to add another allocation if you have lost.

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May 11, 2024, 10:01:14 PM
 #223

This question you are asking only you can answer it because it's actually your salary and you are the one who knows how and where you think you will get inconveniences if actually you used the money to gamble. I think setting the money to the range amount in which you can lose and won't get affected by the losses is actually what is needed from you as a gambler because the moment you lose and the funds you lost gets to you then it's now becomes a problem.

We cannot give advice to anyone regarding his money because a person always earned his salary due to his hard work so if he spends this salary in gambling because of the suggestions of others then this suggestion will spoil the life of his family.

I think a person can think about his salary and gambling Activities better than others so don't ask about suggestions to anyone as their financial status and living conditions are different from yours.

If you are earning less income and it can just help you to carry out daily expenses then don't gamble because with gambling you will be unable to provide good quality expenses to your family so try to invest this money which you want to use for gambling.
Good advice, we need to pay attention to the total salary we earn each month and need to consider whether that salary is optimal for our family's needs, don't cut off their happiness just because you deducted part of their salary for gambling.

Family is the main priority that we have to meet all their needs and we also have to add every salary for savings and investments, so there is no allocation for gambling unless you set aside a small portion of funds for gambling and maybe $5-10 is enough for gambling for fun , and you must make sure not to add another allocation if you have lost.

That is the best advice to use a really small budget for gambling and if you feel fun while gambling and want to make it last it means you need to use a feature almost all casinos have nowadays and use the IDR as a currency because 5-10 dollars are about 75.000 to 150.000 IDR and there are some slot providers that offers to play with as little as 100 IDR as a bet,this will make sure you only play for fun,enjoy yourself a bit longer and also place some sport bets if you want,it will keep you entertained long enough to not think about adding more money to try the gambling and as such you would be doing great in saving other parts of the salary for your family needs.

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May 11, 2024, 10:50:53 PM
 #224

This question you are asking only you can answer it because it's actually your salary and you are the one who knows how and where you think you will get inconveniences if actually you used the money to gamble. I think setting the money to the range amount in which you can lose and won't get affected by the losses is actually what is needed from you as a gambler because the moment you lose and the funds you lost gets to you then it's now becomes a problem.

We cannot give advice to anyone regarding his money because a person always earned his salary due to his hard work so if he spends this salary in gambling because of the suggestions of others then this suggestion will spoil the life of his family.

I think a person can think about his salary and gambling Activities better than others so don't ask about suggestions to anyone as their financial status and living conditions are different from yours.

If you are earning less income and it can just help you to carry out daily expenses then don't gamble because with gambling you will be unable to provide good quality expenses to your family so try to invest this money which you want to use for gambling.
Good advice, we need to pay attention to the total salary we earn each month and need to consider whether that salary is optimal for our family's needs, don't cut off their happiness just because you deducted part of their salary for gambling.

Family is the main priority that we have to meet all their needs and we also have to add every salary for savings and investments, so there is no allocation for gambling unless you set aside a small portion of funds for gambling and maybe $5-10 is enough for gambling for fun , and you must make sure not to add another allocation if you have lost.
I still don't get it why someone would be asking how much of his salary must he use to bet. This would very ridiculous to me and absurd. Why would anyone want to use part of their salary to gamble. Gambling money should not be extracted from salary but from other minor money we get. If we eventually starts using part of the monthly or weekly salary to bet, it might get to a stage that greed would want us to use almost all our salary to bet so we can get bigger rewards. This is how gambling addiction use to start in some persons and we have to be very careful or end up in the wrong track.

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Fiasem20
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May 11, 2024, 11:41:13 PM
 #225

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?
There is no specific amount you can use to gamble it all depends on your income.If your income is more than enough then you can gamble with 15% of your income then if you earn little amount of income out from your income you can gamble like 5% of your income.Whether you earn large income or small, gamble the amount that maybe if you lose it won't affect your mental/physical status.

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May 12, 2024, 12:19:44 AM
 #226

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?
There is no specific amount you can use to gamble it all depends on your income.If your income is more than enough then you can gamble with 15% of your income then if you earn little amount of income out from your income you can gamble like 5% of your income.Whether you earn large income or small, gamble the amount that maybe if you lose it won't affect your mental/physical status.

Exactly,  irrespective of yah earnings, just  gamble with the amount you can afford to lose . Because some  people will be like my earnings are  nice and huge I can gamble with it however I like , that's how reckless way of gambling normally start . Then they wil stop gambling for fun but for trying to get back what they have loss and most this normally lead to gambling addict and eventually endup getting himself rekt. Because no matter your earnings gambling can still ruins ones life if it's  not approach properly.

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May 12, 2024, 06:59:54 AM
 #227

You can use 5% of your income if you can but 1% would be very much okay so that you do not get worried about your loss if that be the case or end results of your gambling.

But gambler must understand, that the larger his bank is, the greater amount he could win (this also works in other direction as well). If you gamble with 1% of your salary, dont expect to have a big win. People are happy when they double their money. Turning 1% into 2% might not be a significant amount to stop gambling. I believe that most people will be greedy and continue gambling, which will lead to loosing.

R


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May 12, 2024, 07:36:39 AM
 #228

There is also no obligation to invest your salary in gambling, because in my opinion, if it is for entertainment or in other words, everyone has their own thoughts about their level of enjoyment. not everyone who works and when they get their salary will put it into gambling, because each person's pleasure is different, I myself actually don't have a problem with those who use their salary money to gamble, but we have to be able to pay attention to which things are more important and which are less important. because it's true what you say, someone who even has limits can sometimes forget to stop because of the strong attraction of gambling.

Gambling does have a strong attraction and it is natural that many people are addicted to gambling because the lure of winning which is easy to obtain is one of the attractors for many people to gamble. When you gamble by investing a small amount of money and it ends in defeat, you should stop, you must be able to control yourself with the gambling you do, including limiting your gambling activities when you lose or even when you win.
If he can thinks twice about his decision to use some of his salary to playing gambling, he will see that is not a good idea if he can't control himself in gambling. Many people already lost their money in gambling and he needs to learns from their experience and not trying to follows them.
People who gets salary must uses his money better and not thinks about using it to playing gambling. He can uses his salary for the other things that can gives him benefits such as investment because that can gives him profits in the future.
Gambling can tempts many people to try because they sees other people can gets wins for playing gambling with some money. But they don't knows or realizes that winning in gambling is not easy and many people already lose much money.

Of course, it's not a good idea if he can think twice or consider what he is going to do, because in my opinion, before taking an action, we should be able to consider it first so that there are no regrets in the end. What's more, if he can't control himself when gambling, there are many people who have lost money by gambling, even though the goal is just to have fun because even though they have limits before gambling, everything can change when the gambling is done. It's true that you say you have to learn from experience, so you don't make the same mistakes.

In fact, each person's level of enjoyment is different, and everyone has their own right to use money which is the result of their own sweat, there is no problem with gambling, it's just that what is feared is unwanted events such as losing more money. bigger than what had been planned, because I believe that gambling can attract people even though it has limitations, only a few people can gamble wisely. I think allocating a certain amount of salary money to gambling is not a problem as long as you can actually use it within certain limits, for example 5% of the salary you have earned, but that shouldn't be done every day.

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May 12, 2024, 07:52:47 AM
 #229

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 know that you are earning $100 what you are supposed to do as a gambler is to at least gamble with a $20 and the remain $80 for your use so many people does not know that strategies is what makes people rich gambling with all the money you have is not encouraging from my own understanding but the gambling with the consciousness and precaution they make you to have a saves while participating in gambling.

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May 12, 2024, 10:15:09 AM
 #230

At first don't forget is your hard earn money, so be cautious of the way you make use of it . At first don't let greed to get the best of you leading to gamble with all yah salary inorder to win something huge. Well I can't actually tell you how much you can use from your salary in gambling. But all can say is that just keep to this term , gamble with what you know you can afford to lose. And once you run out of such money (money you can afford to lose) , I will advice you to not gamble till you have money you can easily risk .
The money you earn with difficulty should be able to use it wisely and not carelessly if you want to gamble using money from your hard work, everyone should think about that before they think about taking the risk of risking their money to get more, know that the most important thing for people who gamble is that they can manage their money well and don't let their hard earned money go to waste to be used for gambling. Sometimes those who have just received a salary are too happy with their income and think about having fun and one of them is gambling because gambling is a pleasure in itself. for those who hold money and try to seize opportunities.

Of course, the main point that must be taken for gamblers who have just received their salary is that they must not use all their money. They must prepare money that can afford to lose either 2% or 5%, no matter how small the money, it doesn't matter. The important thing is that if the money is lost, you don't regret it because you were willing to let it go and didn't expect anything. If you win, be grateful, but if you lose, stop immediately.

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May 12, 2024, 11:18:36 AM
 #231

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 know that you are earning $100 what you are supposed to do as a gambler is to at least gamble with a $20 and the remain $80 for your use so many people does not know that strategies is what makes people rich gambling with all the money you have is not encouraging from my own understanding but the gambling with the consciousness and precaution they make you to have a saves while participating in gambling.
Playing gambling with using $20 is too much if he have much needed to fills and it's better not uses that money to playing gambling. We must check our salary before decides to use some money to playing gambling and we don't have to playing gambling like other people because we must thinks about our lives first before we do other things such as pleasure. Playing gambling is not a primary thing in our lives so we don't have to do that, especially if our salary is not much. We must focus to make more money and we don't have to try to make money from gambling because that will be difficult for us. Playing gambling can makes us lose money and that can becomes bigger if we don't have control so we must decides carefully. Many people tempts to playing gambling easily but we don't have to do the same.

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May 12, 2024, 04:53:50 PM
 #232


I think most of us already know about the right way to treat gambling so that we don't become one of the gamblers who experience the bad effects of gambling as experienced by some other gamblers who always gamble in the wrong way which will actually only harm themselves, and obviously the right and best approach to gambling is not to think that gambling is a place to earn, because by having this mindset, most likely your goal is to gamble just for fun when you have boring free time.

And also with this mindset, I am sure that you will not do various actions that tend to be excessive, because usually excessive actions in gambling are always owned and done by gamblers who are trying to make money in gambling, which actually makes them in a lot of danger that will continue to lurk in the long run. And also by having an understanding that gambling is not a place to earn then I'm sure whoever it is will not allocate large amounts of money, most likely they will only put small amounts because they think that gambling is just a normal game that requires them to spend some money if they want to be involved in the game, and this approach I think clearly will not disturb the financial balance in his life.
Casual gambling appears innocuous at first. This is the deal: Even joking around is dangerous. Responsible gambling involves budgeting and knowing your thoughts. Many gamblers, even casual ones, fall into mental traps like thinking they can control the game or that the next one will be a win. Being aware of those pitfalls is the first step to avoiding statistics

It's not just about money. Every dollar spent gambling goes into this enormous system that profits from people losing, not having fun. The issue is what happens when everyone thinks so, not whether you can afford to lose a little. If we ignore gambling, we may be condoning its addiction and financial disaster

One of the reasons why they are easy to fall into and get carried away I think one of them is because they are too confident in their efforts, they feel that they will be able to get a lot of wins in gambling where this kind of confidence can be even higher when they succeed in winning one of the wins, and in the end when they try the same way but the results do not match the previous one. The inability to accept reality will start here based on emotion and curiosity which in turn they continue as a way to pursue and prove their unreasonable beliefs.

As you said, they think that they can control the game to bring in a lot of winnings, when in reality they are the ones who are controlled by gambling and it happens unconsciously. On the other hand, yes, what you said is true that no matter how little money you lose, it is still a big profit for the casino because those who lose are not only you but most of the gamblers who play at the casino, even though a gambler has the ability to accept small losses but if I conclude something you said above that yes, it is better not to gamble or avoid gambling altogether.

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May 12, 2024, 05:40:08 PM
 #233

Gambling has become popular because of the get-rich-quick story in a short period of time but not all peers will succeed here. There are many people who get paid a small amount of money a day and blow it by gambling. But you should set aside just that much of your salary that you need to manage your life. Even gambling is not the right path for everyone but your decision will show you the right path. Actually i don't think much about betting so when i have enough money i gamble it. Because i have a strong source of income so i can manage everything easily.

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May 12, 2024, 10:37:17 PM
 #234

Most persons started off with gambling for fun and after which they have kept a continuous relationship with gamble, they end up becoming addicted. Asking how much of your salary is to be used for gambling is a bit suspicious, and it could mean you have already started using more than you are supposed to use. As gamblers, when you don't understand the function of gambling and you take it as a means of making money, you'll definitely end up spending more than you ought to spend from you salary into gambling.
A gambling addiction is something a gambler should as much as possible to avoid this is because having an addiction puts a lot of things on a different view from others. Addicts have one of the most annoying habits of over staking and losing especially because of their inability to manage bets and time as well as how much risk they put in during Gambling activities. For a regular gambler who is responsible, he should be able to. Monitor how much time and money he puts intl gambling activities. I really don't think there is a fixed amount the responsible gamblers should make use of to ensure that that are not on the wrong track rather the phrase stake what you can afford to lose here should be the guide to making proper stakes.
Aside from the fact that your salary may increase the stake, the phrase  stake what you can afford to lose phrase is something all gamblers should put into their mind to help manage their funds.

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May 12, 2024, 10:57:30 PM
 #235

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 know that you are earning $100 what you are supposed to do as a gambler is to at least gamble with a $20 and the remain $80 for your use so many people does not know that strategies is what makes people rich gambling with all the money you have is not encouraging from my own understanding but the gambling with the consciousness and precaution they make you to have a saves while participating in gambling.

If they spend $20 from $100 and they end up not wining, it means that 20% of their salary has just been wasted on gambling. Question you should ask is, what if the person actually had financial need that will cost them the rest of the $80, that means they will not even have any money to add to their savings. It is a wrong calculation and let's not forget that gambling is for fun and not a compulsory thing to do. You have to sort out your needs first before you can think of gambling.

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May 12, 2024, 11:16:13 PM
 #236

I still don't get it why someone would be asking how much of his salary must he use to bet. This would very ridiculous to me and absurd. Why would anyone want to use part of their salary to gamble. Gambling money should not be extracted from salary but from other minor money we get. If we eventually starts using part of the monthly or weekly salary to bet, it might get to a stage that greed would want us to use almost all our salary to bet so we can get bigger rewards. This is how gambling addiction use to start in some persons and we have to be very careful or end up in the wrong track.
It may actually sound somehow but then it's okay to ask for the purpose of learning so they get to have an idea into what feels Ideal and to help them keep their selves in check not to probably over do or get to the point where they will be having to exhaust their funds and eventually get to loose their money gambling. There's no specific proportionality to which money should be used to gamble, no one sounds ideal than the other neither does any aswell feels ridiculous because there are some persons who gets Money from salary alone and nothing else so such person where else do you expect them to get money from to gamble if they are into gambling.

It's only for them to apply proper management to how much they get to spend their funds gambling even if it's salary, without greed, maintaining a certain percentage to gamble can actually turn out profitable in the long run .

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May 12, 2024, 11:56:25 PM
 #237

If they spend $20 from $100 and they end up not wining, it means that 20% of their salary has just been wasted on gambling.
And that's an amount that's quite high whether it's big or small amount but if the percentage is 20%, that's a lot.

Question you should ask is, what if the person actually had financial need that will cost them the rest of the $80, that means they will not even have any money to add to their savings. It is a wrong calculation and let's not forget that gambling is for fun and not a compulsory thing to do. You have to sort out your needs first before you can think of gambling.
It always boils down to the tip about spending what they can afford to lose. But tell that a hundred times, how many do you think will listen?

I don't think that an addicted gambler will listen to you no matter how badly you tell them that they have to spend only a decent amount that they won't be too bothered losing it.

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wxa7115
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May 13, 2024, 03:18:15 AM
 #238

if you know that you are earning $100 what you are supposed to do as a gambler is to at least gamble with a $20 and the remain $80 for your use so many people does not know that strategies is what makes people rich gambling with all the money you have is not encouraging from my own understanding but the gambling with the consciousness and precaution they make you to have a saves while participating in gambling.

If they spend $20 from $100 and they end up not wining, it means that 20% of their salary has just been wasted on gambling. Question you should ask is, what if the person actually had financial need that will cost them the rest of the $80, that means they will not even have any money to add to their savings. It is a wrong calculation and let's not forget that gambling is for fun and not a compulsory thing to do. You have to sort out your needs first before you can think of gambling.
Using 20% of our money to gamble is too much, even if that amounts to nothing more than 20 dollars, and this is because someone earning such an amount of money needs to concentrate on increasing their income more than anything, and should consider to leave no money at all for their hobbies for a time.

Only once they have used those savings to increase their income in a regular basis they can consider to use some of their spare cash for their hobbies, otherwise a person may not be able to improve their economic condition during their entire lives.
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May 13, 2024, 06:51:45 AM
 #239

You are the best person to say about this because you know very well how much salary you are getting every month and what are the financial needs of your family. If you get a good amount of salary and a part of your salary goes to your family expenses and if you have some money left over then you can gamble with a part of that remaining money and the rest you can invest or save. I don't say to gamble for this with full amount of remaining money because the result of gambling is uncertain so if the result goes against but your pocket will be empty so you should definitely keep some amount of savings or investment keeping in mind your need and risk. Hope I've been able to give you good advice in a simple, concise way.

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May 13, 2024, 08:03:04 AM
 #240

This question you are asking only you can answer it because it's actually your salary and you are the one who knows how and where you think you will get inconveniences if actually you used the money to gamble. I think setting the money to the range amount in which you can lose and won't get affected by the losses is actually what is needed from you as a gambler because the moment you lose and the funds you lost gets to you then it's now becomes a problem.

We cannot give advice to anyone regarding his money because a person always earned his salary due to his hard work so if he spends this salary in gambling because of the suggestions of others then this suggestion will spoil the life of his family.

I think a person can think about his salary and gambling Activities better than others so don't ask about suggestions to anyone as their financial status and living conditions are different from yours.

If you are earning less income and it can just help you to carry out daily expenses then don't gamble because with gambling you will be unable to provide good quality expenses to your family so try to invest this money which you want to use for gambling.
Good advice, we need to pay attention to the total salary we earn each month and need to consider whether that salary is optimal for our family's needs, don't cut off their happiness just because you deducted part of their salary for gambling.
Many people suggest using 5-10 percent of his monthly salary for gambling and many people increase this percentage and keep it between 10-30 but I think it is important to observe whether our family is going through any shortage or not because family needs get the first priority. I don't think it would be appropriate to have a gambling budget there. Gambling can only be budgeted for when the family is able to fully meet their basic needs. A financially sound gambler may try to spend anywhere from 10 to 20 percent of his income which will not hinder the gambler's gambling. The main reason for making budget is to gambling so that he can lose his money without any obstacles. But there are some gamblers who do not pay the family expenses but use the money from it for gambling. Which later brought both his gambling life and his family a major disaster.

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