Recording gambling activities

[AmoreJaz]

Partly, you have a good point with your opinion but that doesn't fit to most gamblers not all people can adopt with your mindset. We can't motivate a person by just saying don't let emotion affect the game plan, yes it really will affect by most weak hearted individuals. Their aim is always winnings, because they always thought gambling could profit them all the time, that's why frustrations always happens just because they're ambitious and got a wrong perspectives. It's hard for a gambler to become smarter enough, maybe if they'll mature enough and experience should be the most important aspects.

What ever it is, recording of gambling activity would do for the rich same it'll do for the low roller. Nothing differentiates these players when it comes to strategical moves. Money is the only unique thing about these two types of players. Hence, if a low roller learns to track his gambling activity, he'll get the following benefits; documentation, change in wagering habit, if.high, and references. Gamblers who keep records feel a bit more accountable to how much has left them for gambling reasons. This can minimize the rate a player involves in the gambling. Players who don't keep record may not have the hardcopy of their gambling activities. Casinos also shows on dashboard how much a player has spent gambling.

If you are mostly betting online, it is now quite easy to track your spending habits as you can already see it in your deposit history. Now, if you want to know that you are getting something out of it, you can check the withdrawal history if your betting activities are really worth your time.

Recording may be good for others but if you feel you don't have the time for it, you can always observe how much you are allocating to your gambling activities per week or per month. And how much is going back. If you feel you are spending much without getting most of it, better contemplate if you still want to live with this kind of lifestyle.

[Litzki1990]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

[piebeyb]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

This should be done easily by all gamblers but in fact many people are too lazy to calculate all their gambling activities, for example if they spend all their money they may have calculated it all and in fact most gamblers always store everything in their brain memory rather than recording it, indeed There's nothing wrong with doing this because it can help manage our finances properly so we don't gamble excessively and regularly limit our budget so we don't become addicted to gambling or other bad things that could happen to us if we don't try to do that.

Every gambler's view is never the same but they can do it if they want, after all not many people like mathematics or calculations, even I am a little happy with calculations but I still don't calculate all my gambling activities starting from my expenses. The wins I got were even different, to be honest, I have another way, namely just using a mindset to be able to overcome myself so that I remain well controlled, I only think that the gambling I do is just for entertainment, that's why I only gamble on weekends with a predetermined budget and most importantly using money I was ready to lose so there was no need for me to calculate everything.

[Accardo]

If you are mostly betting online, it is now quite easy to track your spending habits as you can already see it in your deposit history. Now, if you want to know that you are getting something out of it, you can check the withdrawal history if your betting activities are really worth your time.

Recording may be good for others but if you feel you don't have the time for it, you can always observe how much you are allocating to your gambling activities per week or per month. And how much is going back. If you feel you are spending much without getting most of it, better contemplate if you still want to live with this kind of lifestyle.

Yeah the online digital casino do have such features, but not sure if every gambler cares to utilize such tool to their own good. It's been there for over these years where most people get addicted to gambling. Confirming how little in number people who care about this feature is, and it works for them. However, I know of some people who won't put extra effort towards implementing this if they weren't computing the data themselves. Let's say a player can memorize easily what he wrote down on inserted on a computer, than the provision made in the casino. It's more like an obligatory behavior to help gamblers stay always in touch with their gambling ethics.

[bubilas]

The only reason for recording gambling activities imo is to track how much is lost and to realize when to stop, when it is enough for this week or month. All other stats are so random and unconstant, that it is impossible to build any analisys on that. I hope everyone understand, that there is no win strategy from result analysis in gambling.

Absolutely right, I also don't understand how strategies can be in general in gambling where slots and roulette, or betting ged bets.
Therefore, there is no point in collecting statistics.

The only thing that needs to be recorded and analyzed is your income and expenses for the casino.
To understand how much I can spend next month on gambling, and so that there is no damage to my usual household expenses, such as Food and Rent.

At first I wanted to agree with you, but now I think that not all casino or betting games are solved by luck. For example, poker has many strategies and you can follow a different style of play: aggressive or passive, for example. And these styles can be different in terms of profitability for one person. If a poker player records his results, he will be able to understand in which style it is more profitable for him to play. Thus, it makes sense to write your gambling results in a notebook, because this way you can learn more about yourself and your statistics.

[Dr.Bitcoin_Strange]

When I make investments, like a few ones I am currently into, or if I add more money to my business, I always keep track of the monthly turnovers. If I am making a budget for my needs and spending every month, I keep records on frequent occasions, but in terms of gambling, I don't keep any records. I can only have a budget to spend $5 today on gambling, but after that, nothing like record-keeping. I can't even remember the exact amount I won in my last spot bet unless I go back to my casino to check for the record there. 

I don't actually think that keeping a record of one's gambling activity can help the person be a better gambler.

If you don't keep a record or don't check it, do it once and you will know how much you have gambled in six months or one month, how much money you have lost, and how much money you have won if you have an idea. If you are losing more than you are winning, then you will think about spending your hard-earned money on a different activity or a place where you are not sure that you will ever win. No matter how much money one has, I don't think any person can close their eyes and invest their money somewhere.

Whether circumstances are good or bad, in good conditions, the money spent is not known and there is no regret. Already keep track of your activities so that you can realize how much you have been spending on your activity and whether it has been costly or not.

Well, what you said is true. If one actually keeps track of their gambling losses for like a year, the person can realize that they have actually lost a lot of money, and it could even be more significant than the profits that were made, but all the same, I can say that 80%–90% of gamblers don't do that. Everyone is carried away by the sense of winning and fun that is derived from gambling activities, so they don't care much about how much is lost or won. But even if you keep such records, what will you do with them? Well, the question is, what are you keeping the record for? Is it so that you will stop gambling or what? Just enjoy your gambling as fun and focus on a more serious source of income to replenish your account with the money you spend on fun activities (perhaps gambling). 

[danherbias07]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

It plays an important role but many gamblers will try to just play the game and won't record it anymore. I am one of those who gave up on recording my betting history because it's another work that I always forget to do. Might as well just stop it and try to remember the amount I lost in a week and use that as my record if I am in profits or in loss.
In sports that have a long season before it ends, it can become a nauseous thing to do especially if you know to yourself that you are on a losing streak. Recording the results becomes a lazy thing to do because we don't want to remember the loss that we had. But there was a time I completed recorded one event and I think that was during the FIBA basketball games. The results are low profits because of how unpredictable the games are.

[Blitzboy]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

This should be done easily by all gamblers but in fact many people are too lazy to calculate all their gambling activities, for example if they spend all their money they may have calculated it all and in fact most gamblers always store everything in their brain memory rather than recording it, indeed There's nothing wrong with doing this because it can help manage our finances properly so we don't gamble excessively and regularly limit our budget so we don't become addicted to gambling or other bad things that could happen to us if we don't try to do that.

Every gambler's view is never the same but they can do it if they want, after all not many people like mathematics or calculations, even I am a little happy with calculations but I still don't calculate all my gambling activities starting from my expenses. The wins I got were even different, to be honest, I have another way, namely just using a mindset to be able to overcome myself so that I remain well controlled, I only think that the gambling I do is just for entertainment, that's why I only gamble on weekends with a predetermined budget and most importantly using money I was ready to lose so there was no need for me to calculate everything.

Nobody likes doing math. But knowing where your money goes is a must. Whether its poker or picking stocks, if you're losing, you gotta know how much. Its a wake-up call, a reality check. It keeps you honest. It keeps you from getting in over your head.

Some people like to throw a few bucks around for fun. Nothing wrong with that. Weekends, after work, set a limit, have some fun. But thats the key word: limit. Thats where your family comes in. They'll tell you straight if you're going overboard.

Remember, you're only gambling with what you can afford to lose. Thats the golden rule. You're not betting the rent money or your kid's college fund. You're respecting yourself, your family, and your wallet. Thats what I call being responsible. Thats how you gamble smart and keep it fun.

[Orpichukwu]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

So are you indirectly saying we should treat gambling the same way we treat our other businesses? The same method we use to know if the business is making profit or not, and if yes, how about if the one is not making any good profit from gambling based on the records he has gathered over the month?
 
What will you suggest the person do? Should he change his betting pattern or should he stop gambling completely? I'm just asking because, from your explanation, it's obvious you want gambling to be treated the same way we treat our business, which means we should also consider it as a means of generating income.

[KTChampions]

Something just came up in my mind and I feel it will be good for me to bring it up here because it can benefit some people to make a better decision or adjust gambling habits. 

Do you take record of every game played for the year or month or week, then calculate the number of total games that was won and lose. I feel calculating the total amount of lose can help one to adjust gambling habit of playing frequently and also to reduce the amount of money that is spent on gambling. I think when the amount of lose is too much in gambling it is either affecting one financially or turning one to become addictive to gambling. 

Do you think keeping record of gambling activity will play a good role to someone's gambling lifestyle?

No, I don’t think that this can in any way affect the gambler’s behavior. It seems to me quite easy to roughly imagine how much you spend on gambling per day/week and project it over the year. Anyone can do this easily, but the problem is that people are comfortable with such spending. By the way, the same can be done with spending on street coffee, beer in a bar or junk food - if you look at the scale of the year, the waste turns out to be quite significant. But did this stop anyone from spending so much?

[Distinctin]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

So are you indirectly saying we should treat gambling the same way we treat our other businesses? The same method we use to know if the business is making profit or not, and if yes, how about if the one is not making any good profit from gambling based on the records he has gathered over the month?

You can choose on how you treat gambling. Because if you are not profitable on it, then obviously you have not future when you are treating it like a business as you are just fighting a losing battle. However, if you have the skills and you have proven you can use it in gambling to be profitable, then that's the time to consider being serious in gambling and try to make a living on it.

Though in reality, gamblers losses in the long run, at least the majority as it didn't say all. still it depends on the game it self, for example, poker, you can gamble with this game, right? And do you believe that there are successful gamblers in poker?

You can see this list with The Most Successful Gamblers Ever

[o48o]

No, I don’t think that this can in any way affect the gambler’s behavior. It seems to me quite easy to roughly imagine how much you spend on gambling per day/week and project it over the year. Anyone can do this easily, but the problem is that people are comfortable with such spending. By the way, the same can be done with spending on street coffee, beer in a bar or junk food - if you look at the scale of the year, the waste turns out to be quite significant. But did this stop anyone from spending so much?

Well obviously same thing can be applied to anything, and tracking your spending or overspending in a day / week / month or a year to get it under control is recommended by every financial expert out there. Even most banks in here offer to track where the user's money is going monthly or yearly in their apps, if users give their consent. Like this:

Not everyone have the gift to roughly imagining how much they are spending. I am not even sure how many people struggle on that, but given how many people are probably on the spectrum and have problems with concepts like time, i reckon it's significant amount of people. Different people need different tools,

On the other hand trusting that everyone could do that roughly estimate in their head never works for some people, but just does the opposite, because just winging it is how some people get in trouble with money in the first place.

If someone is immensively rich and have money to burn for anything or if they indeed can handle stuff like this in their heads, then they obviously need any tools for that. Rest of us do, saying that they don't is ableism.

[adultcrypto]

In terms of business, a yearly profit or loss is calculated by calculating how much I sold, how much I bought, how much product is left, and I think it should be calculated in the same way in gambling. Like how many gambles I played in a month, how many results went in my favor, how many went against me, how many matches I won, how much profit, how many losses, how much loss. If we can calculate in this way then at the end of every month we will have a clear idea whether we are moving in the right direction or in the wrong direction in gambling. I think most gamblers do not calculate this but it is very important for every gambler.

I like the idea of doing personal appraisals for things like gambling that can have huge impact on the finances of an individual. If this is taken seriously, I think it will help the gambler to follow the part of moderation which is highly needed to protect the bankroll. But the challenge is that it is not always easy to do and not many gamblers will find any use of the data so gotten. Another problem is that this might discourage some gamblers from concentrating in gambling especially when they notice that their loss is far higher than the wins.

[Toro iskandar]

Partly, you have a good point with your opinion but that doesn't fit to most gamblers not all people can adopt with your mindset. We can't motivate a person by just saying don't let emotion affect the game plan, yes it really will affect by most weak hearted individuals. Their aim is always winnings, because they always thought gambling could profit them all the time, that's why frustrations always happens just because they're ambitious and got a wrong perspectives. It's hard for a gambler to become smarter enough, maybe if they'll mature enough and experience should be the most important aspects.

What ever it is, recording of gambling activity would do for the rich same it'll do for the low roller. Nothing differentiates these players when it comes to strategical moves. Money is the only unique thing about these two types of players. Hence, if a low roller learns to track his gambling activity, he'll get the following benefits; documentation, change in wagering habit, if.high, and references. Gamblers who keep records feel a bit more accountable to how much has left them for gambling reasons. This can minimize the rate a player involves in the gambling. Players who don't keep record may not have the hardcopy of their gambling activities. Casinos also shows on dashboard how much a player has spent gambling.

If you are mostly betting online, it is now quite easy to track your spending habits as you can already see it in your deposit history. Now, if you want to know that you are getting something out of it, you can check the withdrawal history if your betting activities are really worth your time.

Recording may be good for others but if you feel you don't have the time for it, you can always observe how much you are allocating to your gambling activities per week or per month. And how much is going back. If you feel you are spending much without getting most of it, better contemplate if you still want to live with this kind of lifestyle.

Yes, it is quite easy to guess a gambler who often experiences defeat in his life will look 180° changed, initially the family looks very harmonious, the needs in the family are met or fine and the gambler looks so happy but on the contrary when the gambler often loses in gambling the changes will be very clear in the family and in himself, namely life problems that include financial lines and life problems that include relationships between family members that are getting worse hit by many problems.

And back again according to the title above, recording gambling activities can be seen how we see a gambler who is betting at a casino whether he has been able to set limits or allocate funds to be used when gambling according to the abilities of the gambler, usually gamblers will allocate their funds when they have left their money for daily needs and only use the remaining money if they want to gamble because maybe he is just for fun so he doesn't really expect to win there.

[boyptc]

I have lost already my track for my wins and all of my losses. It's not going to work on me if I get track of them.

Because for sure that upon looking at the stats, they're just going to make me disappointed from having those more losses than wins.

Who's a gambler that has more wins? most of us have got more losses instead and that's why if you want to track them for that purpose, you're free to do that.

[bakasabo]

I like the idea of doing personal appraisals for things like gambling that can have huge impact on the finances of an individual. If this is taken seriously, I think it will help the gambler to follow the part of moderation which is highly needed to protect the bankroll. But the challenge is that it is not always easy to do and not many gamblers will find any use of the data so gotten. Another problem is that this might discourage some gamblers from concentrating in gambling especially when they notice that their loss is far higher than the wins.

So do you record your gambling activities? Such data might help a person to make decision if he can afford to continue and how much he might be able to bet. But I find it wrong, as this is sort of going from the end. A person must first make a decision how much he can spend on gambling, instead of making a decision how much more he can bet, as this might look like chasing loss. I dont quite understand how can it impact on finances actually. If a person wants to gamble, he will do it anyway. But evaluating finances from «I have lost/gambled already for this amount, now I can not or can gamble for that amount more» is a red flag from my point of view.

[irhact]

Who's a gambler that has more wins? most of us have got more losses instead and that's why if you want to track them for that purpose, you're free to do that.

All of us have more loss than our wins therefore it'll be hard for me to start to track my losses, I don't want anything that is going to affect me when I think of the money that I'm losing. I can track my victorys but not my losses. If I track them then I'll stop gambling as it'll look like I don't know what I should be using my money to do but I enjoy gambling. I do it for the entrainment and it makes me happy. If I notice that I'm over gambling, I'll just stop for something.

If I track my wins it will make me to know when I'm in profits and it give me some motivation to continue playing. I already know that I'm going to lose when I'm gambling but the times that I'm going to win, I don't know and can't tell as gambling is unpredictable but when we lose they're predicted before the games ends. I'll not stop anybody from recording what they're doing but I'll do mine when winning.

[alegotardo]

Do you think keeping record of gambling activity will play a good role to someone's gambling lifestyle?

Yes!!!
Writing down bets made is very important in sports betting for any serious bettor. Writing down relevant information such as the teams or athletes involved, the odds, the amount bet, the type of bet, the date and time of the bet, among other pertinent details is already an exaggeration, but believe me... the more data you have, the better it will be to develop your future strategies.

By doing this, you can monitor your performance, analyze your results and identify patterns that worked or others that did not. In other words, by reviewing your notes, you can identify errors or flaws in your strategies and then discard what makes you lose money, improve your betting skills and enhance your decision-making in what works for you.

Not to mention, of course, financial control, because if you keep a detailed record of how much you bet and what the result was, you will be able to manage your bankroll and avoid impulsive or overly risky bets.

[redsun114]

Nobody likes doing math. But knowing where your money goes is a must. Whether its poker or picking stocks, if you're losing, you gotta know how much. Its a wake-up call, a reality check. It keeps you honest. It keeps you from getting in over your head.

Some people like to throw a few bucks around for fun. Nothing wrong with that. Weekends, after work, set a limit, have some fun. But thats the key word: limit. Thats where your family comes in. They'll tell you straight if you're going overboard.

Remember, you're only gambling with what you can afford to lose. Thats the golden rule. You're not betting the rent money or your kid's college fund. You're respecting yourself, your family, and your wallet. Thats what I call being responsible. Thats how you gamble smart and keep it fun.

I think it depends on the nature of the gambler and how they take gambling. If a person is gambling just for entertainment and to have some fun, they don't need to keep track of anything because such gamblers would generally have a fixed budget that they would use and have nothing more than that to spend on their gambling activities, even if they don't have a fixed budget, they know when they need to stop.

On a contrary, if a gambler is gambling for profits, they tend to spend more money than they start gambling with because they usually get lost in the game and get carried away after losing and try to recover their losses by chasing them, they need to have a count of how much they are spending on each gambling session because they will need to have a look after the month or the year ends so that they realize what they have been doing.

[Kavelj22]

Something just came up in my mind and I feel it will be good for me to bring it up here because it can benefit some people to make a better decision or adjust gambling habits. 

Do you take record of every game played for the year or month or week, then calculate the number of total games that was won and lose. I feel calculating the total amount of lose can help one to adjust gambling habit of playing frequently and also to reduce the amount of money that is spent on gambling. I think when the amount of lose is too much in gambling it is either affecting one financially or turning one to become addictive to gambling. 

Do you think keeping record of gambling activity will play a good role to someone's gambling lifestyle?

If someone has been gambling for a long time (at least a year) and still intends to maintain this habit, without making records, I think he will get into trouble, if not he is already in. The records must include the number of bets (approximately) and the size of the bet amounts compared to the number/amounts of wins, which will also indicate the number/percentage of losses. This follows financial management, even if losses are greater than profits, because it gives the gambler a comprehensive view of the movement of his gambling activity.

It is unfortunate to admit that few people do this, and I am almost certain that none of the gambling addicts dared to do so for fear of feeling more shame in front of themselves.