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Question: Are Using A Journal, Spreadsheets Will Fave The Way For Addiction To Gambling
Yes
No

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Author Topic: Are You Using A Journal Spreadsheets Will Pave The Way For Addiction To Gambling  (Read 582 times)
DaNNy001
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May 09, 2024, 09:16:51 PM
 #41


Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?
No I don't have a journal or a spreadsheet period for me gambling is all about entertainment and having fun period anything more than this is getting addicted and needs to be nipped in the bud. The only time I can think about having a spreadsheet for gambling is to record my budget and how much I spent on gambling per month and have a total of it and the end of every year. I consider this part of my personal finances plan.
Am even shocked hearing this that some person actually do have or keep records of their gambling games because I don't know of such thing, for me it's all for the moment with my gambling habits. Although when the loses do get to me, I sometimes do a little calculation in my head just to get the figures straight.😁😁

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May 09, 2024, 09:34:52 PM
 #42

Well, addiction depends on the individual. Having a journal or spreadsheet of your gambling winnings and loss, won't define you as someone who is serious in gambling. I saw that post as well, and he's just doing ut for additional entertainment because other people would also be aware of what he wants to happen.Personally, addiction is more likely to exist with gamblers who never tracked their winnings and losses because they're more likely to just continue betting as much as they can. Using a journal or record will even help you decide with the amount you are about to engage for that day, week, or month. Not unless you'd allow emotions to take over you. There's a tendency that a player knowing how big his loss is, would push his way of winning by betting more until the desire of him was filled.

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Sunderland
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May 09, 2024, 09:41:47 PM
 #43

Am even shocked hearing this that some person actually do have or keep records of their gambling games because I don't know of such thing, for me it's all for the moment with my gambling habits. Although when the loses do get to me, I sometimes do a little calculation in my head just to get the figures straight.😁😁
Things like this can actually make us chasing our losses or even make us lazy and dont want to work anymore because based on that journal we are still in profits after a month/year.
Maybe this is necessary for pro gamblers who only rely an income from gambling, but for ordinary gamblers it is not that important.
Not to mention, for those who live in countries where gambling is illegal, a journal like that could bring trouble for the owner.

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May 09, 2024, 09:43:30 PM
Merited by arwin100 (1)
 #44

Well, addiction depends on the individual. Having a journal or spreadsheet of your gambling winnings and loss, won't define you as someone who is serious in gambling. I saw that post as well, and he's just doing ut for additional entertainment because other people would also be aware of what he wants to happen.Personally, addiction is more likely to exist with gamblers who never tracked their winnings and losses because they're more likely to just continue betting as much as they can. Using a journal or record will even help you decide with the amount you are about to engage for that day, week, or month. Not unless you'd allow emotions to take over you. There's a tendency that a player knowing how big his loss is, would push his way of winning by betting more until the desire of him was filled.
Yes, this is true on which whether you do have a journal or not, the risks of addiction or possibilities or probabilities would really be there because everything would really be just that depending into someones mind and if you are someone whose really that having that high hopes on making money with gambling then no matter what you would really be doing will really be having that kind of impact on which you are really that putting yourself into that potential addiction on which we know that it is really that too hard for you to get out once you've been addicted. This is something that you should really be having in your mind is that never ever make yourself having that kind of intent in mind about making money with gambling because this would make things got worst.

Having some tracking on your betting or trying out to achieve something isnt that bad because if this something that could give out that thrill then go ahead.
As long you are really that only spending on the amount that you have budgeted or allocated with that particular goal then it would really be just that fine.
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May 10, 2024, 12:18:11 AM
 #45

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?
I used to have a spreadsheet to track my bets but I eventually stopped because it already served its purpose and helped me take gambling less seriously. It still helps a lot if you're planning to take sports betting seriously, if you don't want to spend much effort you can find some tracking templates shared by other bettors.

If it's for luck-based games, it won't offer that much help because you're set up to lose even if you change your strategy or avoid specific games.

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May 10, 2024, 02:00:38 AM
 #46

First off, it's pave, not fave. Fave is a slang or informal version of favorite.

I guess you're confusing gambling with bankroll management. To make a journal or spreadsheet of your bets doesn't necessarily mean taking gambling seriously. But it certainly means taking money seriously.

I can't see any reason why making a good accounting of your bets would lead to addiction. On the contrary, since it provides you a summary of your bets, a bigger picture of your vice at least as far as its financial aspect is concerned, it might even encourage you to stop or gamble moderately.

Finally, to make a spreadsheet or a journal is not "looking for ways and a means to win". A spreadsheet is for tracking your gambling expenses, wins or losses. It isn't a strategy for winning.

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May 10, 2024, 02:22:08 AM
 #47

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?
I used to have a spreadsheet to track my bets but I eventually stopped because it already served its purpose and helped me take gambling less seriously. It still helps a lot if you're planning to take sports betting seriously, if you don't want to spend much effort you can find some tracking templates shared by other bettors.

If it's for luck-based games, it won't offer that much help because you're set up to lose even if you change your strategy or avoid specific games.
Make sense, using some journal will just make it like organize especially if you are tracking your funds and winnings or like winning percentage that will help you to analyze your gambling behaviour, but related with addiction to gambling, I can say that there's nothing to do with addiction at all.

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May 10, 2024, 05:43:06 AM
 #48

I have been following my bets for many years (here on this topic https://bitcointalk.org/index.php?topic=1234109.0 ) providing free suggestion to all gamblers.
I don't see it as something that can create addiction but rather as a tool that helps you better understand how this activity works and what allows you to obtain a profit.
Also, is a great way for money management. I would definitely recommend as useful tool in gambling.

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May 10, 2024, 06:41:22 AM
 #49

There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

The guy will be betting on football(which isn't considered hardcore gambling), as long as he makes small bets I don't think that he could develop a gambling addiction. However, I don't get the point of making spreadsheets of your bets in luck based games. The results would be partially or completely random and no patterns can be formed. Setting your goals like "I will make this amount of BTC out of betting this amount of BTC" is a wrong approach and shows that the guy considers gambling/sports betting as a way to make consistent money.
Only a small percentage of the sports bettors are making consistent profits, I'm 99% sure that a noob cannot make consistent money out of sports betting. He will have to gain lots of experience beforehand.

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May 10, 2024, 03:02:03 PM
 #50

I have been following my bets for many years (here on this topic https://bitcointalk.org/index.php?topic=1234109.0 ) providing free suggestion to all gamblers.
I don't see it as something that can create addiction but rather as a tool that helps you better understand how this activity works and what allows you to obtain a profit.
Also, is a great way for money management. I would definitely recommend as useful tool in gambling.

It was probably  being related to addiction as when you are making spreadsheet already, that means you are trying to be serious with gambling, and when you are serious, you'll gamble more and we know that when we gamble more there's a big possibility that we will get addicted.

Though I agree with your opinion that spreadsheet will help us to analyze our works in gambling, and I find it necessary if our intention is to win as the approach should be systematic, but as I've mentioned, it could lead to addiction because it will lead to us gambling regularly.

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May 10, 2024, 04:05:45 PM
 #51

There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.

I will definitely not recommend anyone to do such challenges like turning $100 into $100o or whatever but if they manages it to achieve somehow with good analytical skills of the particular game then all I can say is well done buddy, I ain't capable of doing that. Cheesy

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May 11, 2024, 01:01:32 PM
 #52

Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.
When I was keeping the record of my gambling activities, I was kind of addicted during the time, unlike now that I do not keep any record because the money I am using to gamble is very small. I could remember that time also that I will make predictions of how I will make money from gambling and have it also in records, but I will lose again to gambling. Gambling is not worth something someone should keep records of. Anyone that is keeping record of it is somehow addicted.

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May 11, 2024, 01:10:50 PM
 #53

Am even shocked hearing this that some person actually do have or keep records of their gambling games because I don't know of such thing, for me it's all for the moment with my gambling habits. Although when the loses do get to me, I sometimes do a little calculation in my head just to get the figures straight.😁😁
Things like this can actually make us chasing our losses or even make us lazy and dont want to work anymore because based on that journal we are still in profits after a month/year.
Maybe this is necessary for pro gamblers who only rely an income from gambling, but for ordinary gamblers it is not that important.
Not to mention, for those who live in countries where gambling is illegal, a journal like that could bring trouble for the owner.

Do we know that when some people have a summary of what they have been spending on gambling over time, its going to be a disappointment on them to discover that they have lost that much on gambling without having a single chance of winning big, this and many other reasons can draw their attention to begin with the chase after loss and at the cause of this, they keep loosing the more and may get addicted along the way if care is not taken from how they are gambling.
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May 11, 2024, 01:14:27 PM
 #54

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.
No, I'm not using any of it. Usually a gambler who's making a record of his gambling activity wants to see the progress if he's in profit or not. Just like the gambler in op's example, he has a target amount to reach and we know it's not easy. Seeing the losses can only bring a regret in my part. Therefore, it's better not to make a record so I can stop dwelling in the past. It might be helpful for gamblers who take gambling seriously, however we know for some of us, it would be best to just leave everything behind.

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May 11, 2024, 01:47:29 PM
 #55

That could be right because when they see their journal or spreadsheets, they will see how many wins and losses you got. They will wants to gets their money back if their losses bigger than their wins and that can makes them lose more money.
I don't creates journal or spreadsheets for my gambling activity because for me, gambling is just an activity to fills my time and not because makes money. Besides that, I don't taking gambling seriously because I knows that playing gambling is just for fun and we don't have to use much money.
Maybe people out there created spreadsheets to manage their money and checks their wins and lose so they can decides it later. We just hope that those people doesn't becomes addiction in gambling because playing gambling can caused them becomes addicted to gambling.

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May 11, 2024, 03:11:16 PM
 #56

Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.
When I was keeping the record of my gambling activities, I was kind of addicted during the time, unlike now that I do not keep any record because the money I am using to gamble is very small. I could remember that time also that I will make predictions of how I will make money from gambling and have it also in records, but I will lose again to gambling. Gambling is not worth something someone should keep records of. Anyone that is keeping record of it is somehow addicted.

Then I guess it's all about our self-discipline when it comes to gambling.

Not everyone is built same so people may behave differ for something in particular, to me it doesn't make any such addiction but gave me clarity and it's not just applicable to my gambling activities but almost anything I do kind of preplanned so there is a better chance of achieving what I am trying to.

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May 11, 2024, 04:24:43 PM
 #57

So far no, but I have thought about using a journal or spreadsheet as my yearly bet that I want to do with a spreadsheet but I'm not sure it will become a serious addiction.

What I have in mind about sports betting is like continuing to bet on favorite teams with pretty good wins every season.

Manchester City this season has 26x wins with two games left, well the rest are draws and losses if we continue to bet on Manchester City's winnings which say 28x wins throughout the season will this be profitable?

I didn't record the betting market odds simulation but I imagine it might be profitable.

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May 11, 2024, 07:33:19 PM
 #58

I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.

So I really don't understand OP's sentiment. Keeping track of your transactions and yourself accountable LEADS to addiction instead of preventing it? I think OP should reconsider because quite the opposite happens. It's not realistic to consider otherwise as keeping track is literally a barrier against addiction other than anything else. Maybe not the most effective one, and you can't rely only on this, but it surely has a good effect that one shouldn't just disregard like this.

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May 11, 2024, 09:15:44 PM
 #59

I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.

So I really don't understand OP's sentiment. Keeping track of your transactions and yourself accountable LEADS to addiction instead of preventing it? I think OP should reconsider because quite the opposite happens. It's not realistic to consider otherwise as keeping track is literally a barrier against addiction other than anything else. Maybe not the most effective one, and you can't rely only on this, but it surely has a good effect that one shouldn't just disregard like this.
Tracking your activities tells different, I can see a responsible gambler here especially if he will use that data to make a good strategy or another approach in gambling, and if you already hit your limit that spreadsheet will remind you to stop. Though it can be addicting once your data tells a bad habit of breaking your strategy, and having that monitoring is useless because your purpose hits different.

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May 11, 2024, 09:36:39 PM
 #60

There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

I think that only very very few person have such an excel spreadsheet or word document where they update it regularly by keeping track of everything they do.This is however not a paving way to addiction,this for me means to be extra cautious with what you do and if you have a look at your word or excel document and you spot heavy losses that is red flag or a bell of alarm that a smart person should interpret it as to stop gambling otherwise if he continues it is going to be bad and go from bad to worse.This can be as a last resort savior for people who keep such document.Personally I have never kept it as I mostly play slot machines and I know I am in deep red,looking for ways to stop gambling completely.

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