Gambling Budget

[Odusko]

Weekly vase that is how often I get a top up on my gambling account, and from my signature campaign payment since the money is send there, some time I don't mind to withdraw from it I use all 100% of weekly signature payments to gamble, and the only time I make other extra deposits are on weekends, when I have some special bets to make for the weekend, but not all the time.

[bitzizzix]

It’s seldom for me to adjust budget after a huge win or loss, since my budget has already been fixed right after my  monthly salary comes. So from there, I just spread it out weekly so I can gamble once or twice a week, mostly during weekend. I guess when it comes to my gambling budget, I don’t find it as a struggle because I usually stick to it win or loss, that’s how I am disciplined with my gambling activities.

Same with me, I also always budget my gambling using my monthly salary after I prioritize all the needs and also other important things. And it only uses a small part of my monthly salary that I divide into four weeks because I gamble more often on weekends after I am tired and stressed from working from Monday to Friday and gambling becomes my entertainment on weekends, if I win or lose I will still do it the same way and discipline that sometimes lucky even though not much I always withdraw it and stick to the budget that I have prepared consistently.

[Odohu]

Setting gambling budget is what differentiate those who see gambling as a real business and are taking proactive steps to ensure they gambling the right way and those who claim to be gambling for fun thereby approaching their gambling casually and are often enmeshed in huge financial mistakes. Setting gambling budget is an important initiative that will make gambling very systematic and losses less painful, therefore, it is highly recommended that gamblers should set budgets of how much of their income they can comfortably commit to gambling and how to control their emotions so they don't exceed the budget.

[Jating]

Weekly budget for me, depends on the circumstances as well. If I won my bet at the start of the week then I can extend it. But if I lose like in the 3rd day, then I will go and be quiet for the rest of the days, Lol. But that's it, if we are not that discipline and we don't have control, then there's no budget for us.

And if we have that kind of mindset, then obviously we will lose a lot of money. And for the majority of us, discipline is the key to not let ourselves fall on catching up. And for the money that I've lost, I don't write it down, I just mentally see how much it is and then let it go.

[Oluwa-btc]

It's interesting to know but I seriously don't have any reason to keep a gambling budget.As a gambler,especially as a responsible gambler since I practice responsible gambling habits.But however gambling budget can help you strongly limits overspending that'll costs you losing more than you ordinarily can afford.Some persons can be influenced with the idea that budget gambling Is meant for gambling addicted individuals but it actually implies to every person involved in gambling.

[baeva]

It’s seldom for me to adjust budget after a huge win or loss, since my budget has already been fixed right after my  monthly salary comes. So from there, I just spread it out weekly so I can gamble once or twice a week, mostly during weekend. I guess when it comes to my gambling budget, I don’t find it as a struggle because I usually stick to it win or loss, that’s how I am disciplined with my gambling activities.

Same with me, I also always budget my gambling using my monthly salary after I prioritize all the needs and also other important things. And it only uses a small part of my monthly salary that I divide into four weeks because I gamble more often on weekends after I am tired and stressed from working from Monday to Friday and gambling becomes my entertainment on weekends, if I win or lose I will still do it the same way and discipline that sometimes lucky even though not much I always withdraw it and stick to the budget that I have prepared consistently.

This discipline is really amazing, because probably no more than 5-10% of all players adhere to it. The rest are either already addicted to the game and have never had such strategies, so I think everyone who adheres to a pre-allocated budget for weekend games is insured against losing all capital, debts and other unpleasant consequences of non-stop play

[SmartGold01]

Does people gamble without gambling budgets?
I have never seen people gambling without gambling budgets or adjusting their gambling amounts to what they can afford to loss. Although there could be a possibility that there are people who gambles without knowing how to manage their bankroll or total amounts to be allocated for gambling, because they may be gambling with whatever that comes into their mind without setting limitations on how they should spend or used while gambling.
To me I gambles with budget and if I am out of budget then I wouldn't gambling till I have to refill my allocation which I usually gambles with and for that I don't temper with it or adjusting it for any reason because I know gambling one has to be very disciplined to avoid addiction.

[slapper]

Most people don’t blow their budget because they’re irrational. They blow it because they’re human

You feel as though you are playing with house money after a win (even though it is just your money now). You feel as though the home stole something following a loss (even though you willingly gave it up). Budget then is more about narrative than it is about numbers. What story are you telling yourself while gambling? That you’re trying to double up for rent? You're pursuing fun? That you’re expressing skill? Every story sets off a new relationship with the budget

I have tested every style: monthly caps, per-session, rolling bankroll. The most sustainable is always per-session with emotional checkpoints. Set a number. But also: consider mid-game, "Would I still respect myself if I walked away now?" Should the response be no, you are already tilting even if you are up

Strange thing: those who fix on "not going over budget" usually find themselves doing it out of obsession. Budgeting has to seem normal, not like a penalty. Build a system that reflects your personality, not just your wallet

[Onyeeze]

Setting gambling budget is what differentiate those who see gambling as a real business and are taking proactive steps to ensure they gambling the right way and those who claim to be gambling for fun thereby approaching their gambling casually and are often enmeshed in huge financial mistakes. Setting gambling budget is an important initiative that will make gambling very systematic and losses less painful, therefore, it is highly recommended that gamblers should set budgets of how much of their income they can comfortably commit to gambling and how to control their emotions so they don't exceed the budget.

if you set a gambling budget, it will make you to know your limit in gambling, and you will never regret of gambling, but when you don't have a budget in gambling and you gambling any how it pleases you, that will make the gambler to spend unknowingly and unnecessarily, so having budget in gambling is good, but the thing is that you have to understand that people who don't budget on gambling are the main people who get depressed on gambling, because they put in, what they can't afford to lose in the gambling

[Baofeng]

Does people gamble without gambling budgets?
I have never seen people gambling without gambling budgets or adjusting their gambling amounts to what they can afford to loss. Although there could be a possibility that there are people who gambles without knowing how to manage their bankroll or total amounts to be allocated for gambling, because they may be gambling with whatever that comes into their mind without setting limitations on how they should spend or used while gambling.
To me I gambles with budget and if I am out of budget then I wouldn't gambling till I have to refill my allocation which I usually gambles with and for that I don't temper with it or adjusting it for any reason because I know gambling one has to be very disciplined to avoid addiction.

Hard to say but I've known gamblers who really go over their budget, even daily. I will hear them saying that this is x amount is going to be played on a game that is famous in our country right now which is the "scatter", we even had a thread for that here. And then suddenly after a lost, they will go to a store or a kiosk to refill our local wallet and then play again.

So it means those gamblers, as long as they have money will continue to play and without any budget. Maybe they are those who are in the addicted side. But for those who have experience what is a gambling addiction, we will simply stop and have the mental discipline not to play anymore as you have used all your budget and time to quit this week.

[Zoomic]

I do not have a fixed percentage of my income that I set aside for gambling. I haven’t really considered this because I don't gamble regularly, and I also don't have a fixed income. Whenever I intend to gamble (mostly sports betting), I simply set aside an amount I can afford to lose at that moment and that’s it.

I’ve never shown any signs of addiction, nor have I ever gotten into trouble for gambling excessively. This shows that my style of gambling works perfectly fine for me. However, I still recommend having a fixed budget for those who may find it difficult to control their gambling habits. Setting a specific amount for gambling could help them stay disciplined and on track.

[ajiz138]

There should be a fixed budget because it is a form of discipline, so always set what you can afford to lose in gambling as long as it is not too excessive, but I myself will not be more than 5% for now.

If setting a budget from the beginning it depends on how ready it is, it's just that we often budget weekly rather than monthly because we often bet on sports betting usually every weekend will bet.

In my own budget I have to be more disciplined if not then this will be more wasteful, maybe this is one form of commitment in gambling that I instill.

[DPHOR]

It's always advisable to have a limits set of budget while gambling and people who gambles without budgeting doesn't waste time because easily addicted to gambling because there is no regulation and moderation while gambling, where there is moderate or regulations it makes them to have control over themselves to culture their expenses and the amount assigned to their gambling especially that of their gambling budgets.

[len01]

First of all, once we plan to consistently use the set budget (in small amounts), it may not provide a guaranteed win. But the budget planning gives us a lesson to manage the budget well. That way, we will value our budget more to bet carefully and enjoy every bet we make.
Furthermore, regarding how much is the best amount for the actual gambling budget, it all depends on your individual income. And for me 3% - 10% of our income is enough to gamble on sports betting.

[mirakal]

This is based on my experience. Maybe I’m already a gambling addict, because even when I set a gambling budget, I never stick to it. And even when I win the amount I want, I always end up gambling it again and losing it.

I once managed to overcome it by keeping myself busy with online games like Dota and Mobile Legends, but I still ended up gambling the money I won. I really can’t control myself. I dont know why.

Looks like you need to deactivate your gambling apps for now, otherwise if you ignore that simple addiction, that will lead to a bigger amount of losses in the future. It’s useless to set a budget when you don’t have discipline to follow it. The more you gamble irresponsibly, the more regrets you will gain in the future. So for now, minimize gambling first until you develop discipline within yourself.

[batang_bitcoin]

Do you adjust your budget? why? it is after a big win or a big lose?

I have to because it suits my mood and the need if ever I am into something else or I need to spend for other matters. I change my budget both in wins and losses.

Or how do you set your budget in the first place, do you do it monthly or weekly or it is per session?

Per session. I don't want to put that much budget and will have to spend it for a week and so, I do it per session or whenever I gamble.

Why help you stay in control and not going over the budget?

The past experiences of losing a lot of money probably. That makes someone be in control because we don't want to be in that situation of losing more.

[Mia Chloe]

It's interesting to know but I seriously don't have any reason to keep a gambling budget.As a gambler,especially as a responsible gambler since I practice responsible gambling habits.But however gambling budget can help you strongly limits overspending that'll costs you losing more than you ordinarily can afford.

The topic of gambling budget is actually dependent on personal preference as a gambler. This is because I've come to understand that the level of seriousness you have towards gambling also will determine how frequent you deposit and how you schedule your deposits.
For some persons they deposit anytime the get some funds but for others like you you may only be interested in making deposits when it's time to have some fun.

[Nwada001]

Gambling budget, staying on track and not breaking my own rules all depend on how I want things to be; it's something of personal responsibility. I don't gamble much; my budget changes based on how much free time I have during the time I want to gamble, accompanied by how much I make that period. That's also what will determine my budget.

But personally, I have not spent more than or even up to 10% of my monthly earnings on gambling before. I always make sure I don't spend too much, and if I'm to make a gambling budget for a month, the reserve money for gambling sometimes I can just spend it all within a week and just end it for the month. This all depends on personal life activities.

[Slow death]

Do you adjust your budget? why? it is after a big win or a big lose?
Or how do you set your budget in the first place, do you do it monthly or weekly or it is per session?
Why help you stay in control and not going over the budget?

To answer all questions at once:

In my case, when I deposit $10 at the bookmaker, I plan to put $1 on each bet. Then I analyze the games in the main European leagues and decide whether making single bets will be better than making multi bets. But even if it is a multi bet with odds of @5.00, for example, I still only put $1. But if I get two multi bets right with odds of @5.00 and my bankroll goes up to $20, then I start putting $2 on each bet.

[AmoreJaz]

To answer all questions at once:

In my case, when I deposit $10 at the bookmaker, I plan to put $1 on each bet. Then I analyze the games in the main European leagues and decide whether making single bets will be better than making multi bets. But even if it is a multi bet with odds of @5.00, for example, I still only put $1. But if I get two multi bets right with odds of @5.00 and my bankroll goes up to $20, then I start putting $2 on each bet.

Every bettor has indeed their own strategy to prolong their game as well as how they would want to earn their profit. If you want to extend your game, you can bet in small increments like cents. That's the good thing in most online crypto casinos these days, you can even place a bet using less than a dollar. And it is up to you how you will increase your bet after such a loss or a win, depending on your goal for that session. However, it is quite different scenario in land-based casinos. You will be ashamed placing a $1-bet on the table. So if you have small budget, you can stick to online casinos because you can even play sportsbetting at small bankroll.