How much of my salary should I use to gamble

[Sim_card]

~Snip~

You're right about financial responsibility being a damn necessity. Blowing money without thinking is dangerous. Keep in mind that not all gamblers are losers. It's not about money or escaping reality for some. The adrenaline thrill, outsmarting opponents, and social aspect of the game are key. Consider high-stakes poker. Top gamers don't scatter chips. They calculate, research their opponents, and manage their bankroll like their lives rely on it. When to be safe and when to bet big. Responsible gamblers spend within their means and never gamble with money they can't afford to lose. Not abstinence, but moderation and self-awareness

Organizing good financial management will keep you free from all financial problems. Gamblers must be able to maintain their behavior by being responsible for all the responsibilities that fall on them. All feelings that arise in gambling must be put aside in order to control emotions well, there are times when you have to immediately end the game in order to maintain financial balance to meet other needs. Spending money according to your ability will prevent addiction. This kind of attitude must always be adopted when you want to start betting so that you don't get too involved in gambling which ends in disappointment and ends up being unable to control your emotions when you are losing.

The amount of money that we assign to gambling is what will determine if we will be addicted or not. If a gambler assign a little percentage of money from his salary for his gamble budget and have a gambling time limit. This will enable him manage his gambling habit and will also reduce the risk to losses. On the other hand, if a gambler does not discipline himself on how much he must use to gamble, and he just take money and gamble with it. This might lead him to addiction, because he might be with his salary and decide to visit a casino and before you know it, he has lost it all to gamble. Another problem is that some gamblers funds it difficult to quit the game when they are losing, these kind of gamblers will always lose money whenever they are gambling and might become addicted.

[rachael9385]

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 will depend on your monthly expenses. If you can save some funds with your family support then you can gamble with some part of those saved funds. If you think that there will be no money left after supporting your family then you should refrain from gambling completely. In this case, you should not go to gamble by borrowing from others. If you have a high monthly salary, you can gamble part of your salary once a week or twice a month. But you can bet as much part of your salary as it will not be a problem, keeping in mind that your career and family should not have any problem.

Absolutely, the most important things a gambler should do is to settle his family needs for the month before he can think of how much he or she could use from the remaining funds. When a gambler don't settle his expenses before he thinks of how much he could gamble from his salary, there's no guarantee that he could win and as he hasn't settled his monthly expenses, when he lose he could collect another money and gamble again. So it's important to settle the monthly expenses before thinking of how much you could gamble from the remaining money.

[Ojima-ojo]

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 have realized that gambling with my salary is risky for my financial stability, I decide to either gamble with a little unnoticeable amount and not setting out any percentage of my income to gamble with, but sure thing is that gambling is for fun and for that reasons, I only gamble with an amount that I know I don't have any use for just like free cash flow.


In recent time, a lot of employees have fallen into debt simply because they failed to separate the place of income and gambling, using salary to gamble is an abuse and a financial error since gambling is an uncertain activity you will lose all to it and that is why you should only use amount that you don't have any use for

[Nwada001]

In recent time, a lot of employees have fallen into debt simply because they failed to separate the place of income and gambling, using salary to gamble is an abuse and a financial error since gambling is an uncertain activity you will lose all to it and that is why you should only use amount that you don't have any use for

People have lots their home, and some even lost their jobs due to reckless gambling activities. Why have some been able to maintain a peaceful environment yet they also gamble? It all depends on how the person treats gambling.
 
If you are a salary earner and that's the only source of income the person has, that means all the money or expenses he is going to make will come from his salary. He can gamble with his salary, but as said above, it should be an unnoticeable amount that, when removed, won't affect his budget for the month.

[klidex]

This is exactly right.
It's better to go to other things first - bills, shopping, savings, investments - if there's any left over, then you can gamble, so applying it like this won't cause any problems because everything is covered.
I don't want when I receive a salary that is thought of or set aside for gambling even though it is only 1-5%, it is still a more important need than gambling, if if the payday money is only mediocre, there is no need to force it, there is still another time we gamble and get funds from other sources.

This is the right solution for those who don't just think about gambling but think about more important needs first which must be met for one month before getting the next salary so that they set aside their salary to gamble when these important needs have been met, gamble when there is still some left. If there isn't, then there's no need to gamble, it won't be a problem because gambling is not an obligation for someone. Gambling is just a game to have fun. It's not a necessity. So if we have earned a salary, the thing we have to pay attention to first is basic needs first, then gambling.

If we set aside a percentage of our initial salary for gambling, even 1-5%, this is the same as obliging us to gamble every month and this is not a necessity for us if one day the remaining money is not enough to buy necessities then we will be in trouble if we have using the money that has been set aside for gambling, it is better to think about it later, not at the beginning. The most important thing is that whatever money is set aside does not affect your financial condition to meet your needs.

[Hirose UK]

In recent time, a lot of employees have fallen into debt simply because they failed to separate the place of income and gambling, using salary to gamble is an abuse and a financial error since gambling is an uncertain activity you will lose all to it and that is why you should only use amount that you don't have any use for

People have lots their home, and some even lost their jobs due to reckless gambling activities. Why have some been able to maintain a peaceful environment yet they also gamble? It all depends on how the person treats gambling.
 
If you are a salary earner and that's the only source of income the person has, that means all the money or expenses he is going to make will come from his salary. He can gamble with his salary, but as said above, it should be an unnoticeable amount that, when removed, won't affect his budget for the month.

I completely agree with you and basically gambling always gives an edge to the house or bookie and gamblers are only part of the source of profit for them, obviously the risk of defeat and loss is something that gamblers always have.
But on the other hand, not all gamblers will continue to experience consecutive losses or even actually lose all their money because for those who can manage their money very well and with the right attitude, all of this can be minimized.
If they only follow their passion and desire for gambling, gamblers will only continue to lose and lose, there is no chance for them to be able to maintain and have good financial stability.

What is clear is that in order to make gambling an activity that is not priority, they must first fulfill all their living needs and only use the remaining money that is not used for gambling.
This is good financial management and the possibility for gamblers to save more money on gambling and avoid trying to recover losses because they only gamble with relatively small amounts.

[I_Anime]

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 will depend on your monthly expenses. If you can save some funds with your family support then you can gamble with some part of those saved funds. If you think that there will be no money left after supporting your family then you should refrain from gambling completely. In this case, you should not go to gamble by borrowing from others. If you have a high monthly salary, you can gamble part of your salary once a week or twice a month. But you can bet as much part of your salary as it will not be a problem, keeping in mind that your career and family should not have any problem.

Absolutely, the most important things a gambler should do is to settle his family needs for the month before he can think of how much he or she could use from the remaining funds. When a gambler don't settle his expenses before he thinks of how much he could gamble from his salary, there's no guarantee that he could win and as he hasn't settled his monthly expenses, when he lose he could collect another money and gamble again. So it's important to settle the monthly expenses before thinking of how much you could gamble from the remaining money.

That's a nice point mate , settling expenses first before thinking of the amount he or she can use to gamble and that's somehow related to using the amount of money one can easily risk. Because gambling something with no guarantees of either one is going to win , because in gambling is either one win or lose and base on stories have heard losses is more common than winning. So we should take care of our family needs first before considering the amount or the percentage of your earnings to use in gambling.

[satscraper]

I would advocate OP to consult with his wife on the matter relevant to his salary and gambling. The part, used for gambling, should not impose any strain on family. For those families which have good reserve even 100% may be affordable, but some families may suffer even from penny lost. Thus, it depends...

[bakasabo]

I would suggest to remember and count all daily or weekly expenses a person does, make a list and mark which one of them are not very necessary or can be skipped. For example on the way to work, I can skip taking a coffee at the gas tank. Sometimes I can skip or replace lunch with a fruit. Those who smoke, can smoke less. Calculate all those available for skipping expenses and that will be your free money for gambling. Even if the amount isnt large, it will save gambler from spending to much on gambling, while still give chance to get portion of dopamine.

[Z_MBFM]

I would suggest to remember and count all daily or weekly expenses a person does, make a list and mark which one of them are not very necessary or can be skipped. For example on the way to work, I can skip taking a coffee at the gas tank. Sometimes I can skip or replace lunch with a fruit. Those who smoke, can smoke less. Calculate all those available for skipping expenses and that will be your free money for gambling. Even if the amount isnt large, it will save gambler from spending to much on gambling, while still give chance to get portion of dopamine.

Gambling is a fun thing and we want to have fun only when our daily life is going well.always we work a lot to fulfill every need of our daily life. And gambling is to enjoy some fun with free time and idle money after completing the mandatory tasks of life. So how much money or what percentage of income we should spend on gambling depends on how much of our salary we need for our daily expenses and how much we have in spare money. But if someone is using gambling for income then it is his personal matter how much money he will use for gambling. But he should always remember that gambling never guarantees profit and it is a very dark world

[Hazink]

I would advocate OP to consult with his wife on the matter relevant to his salary and gambling. The part, used for gambling, should not impose any strain on family. For those families which have good reserve even 100% may be affordable, but some families may suffer even from penny lost. Thus, it depends...

Even without consulting the wife, as a man of the house, he should know the financial status of the house and know what they need, what should be spent, and what they shouldn't risk.
 
If he has calculated all that and there is still some money left in the salary, he can still contact the wife for other needs, which might have also skipped his mind, and also not forget to leave emergency funds aside. If all that has been taken care of, there is still something left to gamble on.

[Dewi Aries]

I would suggest to remember and count all daily or weekly expenses a person does, make a list and mark which one of them are not very necessary or can be skipped. For example on the way to work, I can skip taking a coffee at the gas tank. Sometimes I can skip or replace lunch with a fruit. Those who smoke, can smoke less. Calculate all those available for skipping expenses and that will be your free money for gambling. Even if the amount isnt large, it will save gambler from spending to much on gambling, while still give chance to get portion of dopamine.

Gambling is a fun thing and we want to have fun only when our daily life is going well.always we work a lot to fulfill every need of our daily life. And gambling is to enjoy some fun with free time and idle money after completing the mandatory tasks of life. So how much money or what percentage of income we should spend on gambling depends on how much of our salary we need for our daily expenses and how much we have in spare money. But if someone is using gambling for income then it is his personal matter how much money he will use for gambling. But he should always remember that gambling never guarantees profit and it is a very dark world

I am interested in reading the idea that you have said above where you said that “we always work hard to fulfill our daily needs”, and that is indeed a fact, therefore this is the reason why we should not be too excessive in treating our gambling activities, simply love your money because to get that money you may have to sweat a lot for several hours a day, so it is a silly decision if you spend too much money just for something that does not have any certainty and guarantee like winning in gambling.

And the above is also a reason why it is better for us to only make gambling as a place for entertainment to meet the needs of dopamine in the brain, I understand that there are still quite a lot of other activities without involving risks that can be done but everyone has freedom of choice so of course gambling is one of their choices, meaning that it is okay to engage in gambling as long as we can manage everything in balance, in the sense of gambling with full limits by only putting the intention to seek entertainment so that the allocation of money we bet is not excessive along with managing other things such as our daily needs that must be prioritized.

[junder]

Absolutely, the most important things a gambler should do is to settle his family needs for the month before he can think of how much he or she could use from the remaining funds. When a gambler don't settle his expenses before he thinks of how much he could gamble from his salary, there's no guarantee that he could win and as he hasn't settled his monthly expenses, when he lose he could collect another money and gamble again. So it's important to settle the monthly expenses before thinking of how much you could gamble from the remaining money.

Yep, that's the most important thing when we already have a job and can make money every month. When the results of a month's work have been paid and we receive that payment, what must be considered first is our basic needs, where these needs relate to the basic needs to survive for the next month, and pay bills for water, electricity, maybe home WiFi or something else. and when all the needs have been met and there is still money left, it can be used for things that are not too important, because in my opinion gambling is not very important and is not recommended to be something that is important or prioritized in life, I am sure everyone who has getting to know gambling knows the reasons why it is not recommended to make gambling a priority in life so I will not explain it, even with people who have never gambled I think they know the reasons about the bad effects of gambling.

yes, that's true, there is no guarantee of being able to win by gambling and there is no definite way to win at gambling, although there are some people who believe and believe that the strategy they have can produce a win, but it is not a definite guarantee. Moreover, in my opinion, winning at gambling really depends on luck, even though they have good skills in gambling, I don't think they can possibly win with certainty. Bet with the money you have and have to use money that isn't really money for you. other needs. Don't force yourself to gamble, even if you think you want to improve your finances by gambling which can give you a win, it is not recommended.

[moneystery]

....

I would appreciate it if we could hold onto it with high commitment, because I also feel that many people end up exceeding the amount of money they allocated for gambling. I think this happens often, especially when they can't control themselves.

many gamblers think about how much they should gamble from their income each month, but they do not discuss how they can commit to their spending on gambling. because the most important thing in responsible gambling is how you can commit to your spending on gambling and not exceed what you have set that is the most important thing. because many gamblers only allocate their money, but sometimes they do not commit to what they have set and gamble more than that because they are carried away by the excitement.

[Obim34]

I would suggest to remember and count all daily or weekly expenses a person does, make a list and mark which one of them are not very necessary or can be skipped. For example on the way to work, I can skip taking a coffee at the gas tank. Sometimes I can skip or replace lunch with a fruit. Those who smoke, can smoke less. Calculate all those available for skipping expenses and that will be your free money for gambling. Even if the amount isnt large, it will save gambler from spending to much on gambling, while still give chance to get portion of dopamine.

Gambling is a fun thing and we want to have fun only when our daily life is going well.always we work a lot to fulfill every need of our daily life. And gambling is to enjoy some fun with free time and idle money after completing the mandatory tasks of life. So how much money or what percentage of income we should spend on gambling depends on how much of our salary we need for our daily expenses and how much we have in spare money. But if someone is using gambling for income then it is his personal matter how much money he will use for gambling. But he should always remember that gambling never guarantees profit and it is a very dark world

No doubt money used in gambling will most likely be gotten from ones salary as it is the only source of income except the person has order extra earning measures but despite this, there is no convenient percentage that could be addressed hear to fit the OP question. As you said, gambling is there for fun so why begin to strategies on the percentage from one salary to used to gamble, it would have been better off if it were on what percentage of ones income should be used to invest in Bitcoin. It is absolute wrong to force a percentage of our salary into gambling whereas we have other problems to take care off, whatever that is left can later on be used to gamble and it shouldn't be used as an alternate source of income aswell.

[karabiber]

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 will depend on your monthly expenses. If you can save some funds with your family support then you can gamble with some part of those saved funds. If you think that there will be no money left after supporting your family then you should refrain from gambling completely. In this case, you should not go to gamble by borrowing from others. If you have a high monthly salary, you can gamble part of your salary once a week or twice a month. But you can bet as much part of your salary as it will not be a problem, keeping in mind that your career and family should not have any problem.

From what I have observed, the vast majority of gamblers gamble to get richer and live in better conditions. Most of the lives shown on social media are fake, but when people see people with better conditions on social media, they become unhappy. For this reason, they are looking for the shortest way to make money.

If you explain to a gambler that he should not gamble with the last of his money, the gambler will not understand. If a person with a dependent family is financially unable, they may gamble with the last of their money. This of course has undesirable consequences, but we cannot tell gamblers that their next step will lead to bad consequences. Most of the advice given to gamblers is empty. Because the gambler will continue to gamble even after he runs out of money.

[Betwrong]

~
Despite me using percentage in my post I don’t actually use it in real life senerio - I don’t even have a fixed amount, I usually make deposits based on what’s available and what I can afford to play at that moment. There are times when I feel like just playing and make deposits that not even up $2 and I’ll still enjoy the whole section.

To be honest, even being a proponent of small deposits, I think $2 deposit is unbelievably small, especially these days when you have to pay $2 as a transaction fee. Maybe it was a typo and you meant $20? Because this is, like, the smallest deposit I can imagine these days. Anyway, if your deposit is small and you still enjoy the session, I admire you. That's what every gambler should be striving for.

[bakasabo]

~
Despite me using percentage in my post I don’t actually use it in real life senerio - I don’t even have a fixed amount, I usually make deposits based on what’s available and what I can afford to play at that moment. There are times when I feel like just playing and make deposits that not even up $2 and I’ll still enjoy the whole section.

To be honest, even being a proponent of small deposits, I think $2 deposit is unbelievably small, especially these days when you have to pay $2 as a transaction fee. Maybe it was a typo and you meant $20? Because this is, like, the smallest deposit I can imagine these days. Anyway, if your deposit is small and you still enjoy the session, I admire you. That's what every gambler should be striving for.

To bad thata Cantsay did not mention any blockchain, because it might cost only few cents to deposit $2 on Polygon. What I like about crypto casinos, that when for IRL $2 is almost nothing in many countries (2 small bottles of water), in crypto you can bet almost any amount of it. 0.00000001 USDT bet is still a bet. Of course the amount won will be appropriate small, but with such approach, $2 will be enough to gamble for a very long period. Of course it is impossible to become a millionaire with $2 gambling balance, but it is possible to turn $2 into $20 during one session.

[danherbias07]

I would suggest to remember and count all daily or weekly expenses a person does, make a list and mark which one of them are not very necessary or can be skipped. For example on the way to work, I can skip taking a coffee at the gas tank. Sometimes I can skip or replace lunch with a fruit. Those who smoke, can smoke less. Calculate all those available for skipping expenses and that will be your free money for gambling. Even if the amount isnt large, it will save gambler from spending to much on gambling, while still give chance to get portion of dopamine.

That's a good strategy and I think that can work especially for those who really like to gamble but do not have sufficient money to provide for their gambling needs.
Lessen the expenses which are not really needed. Another good example is why we should be buying a popular coffee when we can really buy a whole bunch of coffee beans for a cheap price and we can do it ourselves at home. I do that and it's actually cheaper plus you can control the sugar that you want so you won't be diabetic or fat.

Another way is not to buy unnecessary things. I've learned my lesson in the past and I have lots of things at home now that are not used because they aren't really needed. I could've saved more money if I didn't bought all of those.

[hedgeh0g]

I prefer to spend non-fixed amounts and therefore they differ every month. It all depends on what kind of tournament or championship is taking place in a particular month. If there is a championship that I like the most, then I can bet about half of my salary on the games in it, so I will be absorbed by the interest. But when it ends, I will most likely skip the next month and not make a single bet, for me this is normal. I understand that some people are ready to bet every day, but this story is not about me, I’d rather bet less often, but more, because I’m not impressed by small winnings.