If losing $20 per day in gambling makes us happy...

[Botnake]

If you just invested that money in Bitcoin using DCA , you’d already be benefiting in the long run. So why lose money every day? At that point, it feels like the casino is just straight-up draining you. I think it’s more acceptable to track your average loss per month instead of daily, because losing every day isn’t fun anymore. And honestly, it gets harder and harder to justify those losses.

[swogerino]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

This depends entirely on the person doing it, if the person is truly happy with it then we can't deny that it is a well spent 20 dollars no matter the final outcome of losing. Just imagine like that 20 dollars is the price of a small meal in a kebab shop nowadays in Europe and people love to eat, or that 20 dollars to be the price of a ticket to an event, be it a sport event or an artistic event it doesn't matter. The only thing we have to verify here is that the person spending 20 dollars gambling every day and having genuine fun is also genuinely happy after finishing the session which as we know costed him a loss. If these conditions are met I definitely see nothing wrong with gambling and spending money to it, daily, in order to be genuinely happy, we all know how difficult is to find even a glimpse of happiness nowadays.

[ultrloa]

If you just invested that money in Bitcoin using DCA , you’d already be benefiting in the long run. So why lose money every day? At that point, it feels like the casino is just straight-up draining you. I think it’s more acceptable to track your average loss per month instead of daily, because losing every day isn’t fun anymore. And honestly, it gets harder and harder to justify those losses.

Yeah sure this will be more ideal compare of losing $20 a day from gambling.

I also don't like to lose everyday, that's why I choose to gamble only on weekends because losing on situation like that is somehow not really good to see since we are just wasting our money in that set up. If I lose that amount everyday for sure I will get disappointed on gambling and provably will not come back to gamble again. But so far I'm doing good with my weekly gambling activities also doing DCA on Bitcoin. We need to balance everything so that there's no disappointing situation will happen to us.

[m2017]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

I would like it if I won $100 on the same day. You know how it works: in gambling you lose, then win, and then go back and forth, like a roller coaster.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

A positive experience is when you learn something. If you lose $20 every day, what can you learn? That you need to stop doing something that makes you lose money. Isn't that right? No matter how you justify your actions, like enjoying the process of gambling, losses are losses.

[Charles-Tim]

let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

If you can afford to lose the amount of money, it is not a waste of money. An instance is someone earning $500 to $1000 weekly, such person will not consider losing $20 as a waste of money if he has a lot to save. The daily recommended amount is 1% of your weekly income that should be spend on gambling if you have savings from it.

[stompix]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

20$ a day
- that's either one work at McDonald's or one week of full work in India
- it's also 1/100 of what your upper average lawyer makes in a day and what poor guy makes in a week caring for vegetables

Talking in $ without taking your earnings into consideration is meaningless.

If you just invested that money in Bitcoin using DCA , you’d already be benefiting in the long run. So why lose money every day? At that point, it feels like the casino is just straight-up draining you.

Some guys want to have fun rather than living on bread and water all their lives and getting buried with their cold wallet.

[Altryist]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

Who can be sincerely happy that he lost 20 dollars? I think this is some kind of distorted perception, or false self-conviction, when you lose money but at the same time want to convince yourself that it somehow brings you satisfaction, because you made several bets. In my opinion, you can only get sincere pleasure if you not only did not lose this money, but also managed to get a win, this will be a really good game that will definitely bring you pleasure. Not all players lose in the long run, and you need to strive to get a win and not rejoice at losses.

[Russlenat]

If you’re earning $10k a day, then losing $20 in gambling is nothing as it’s just a small amount.

But for most of us who aren’t rich, we often gamble hoping we can grow our money. So the answer really depends on the person.

Because in reality, even though we’re losing, we don’t easily admit that we’re just throwing money away when we gamble.
personally, $20 per day is not worth it, i would rather donate that amount to charity, at least that's for a good cause.

[promise444c5]

Yeah, it's possible to gamble every day (likely indicating an addiction). I don't see the reason to stay glued to gambling daily, but with twenty bucks a day, it's a lot if you aggregate the total amount of loss this will result in later. It depends on individuals, though!  pockets aren't the same, so some people might not be affected by doing that. Yet, it's still not a good approach, and to me, I'd call it a waste ..

[aoluain]

If its entertainment where you are meeting up with friends regularly over the
gambling thats fine in my book!

There are people who spend $20 a day on junk food and take aways rather than
cooking at home

There are people who will spend $250 over a weekend on food and drinks
socialising without any limits jey just make the most of their weekends.

I'm just painting a picture of comparisons where we choose to spend money on
entertainment and Gambling can be one of them.

[rachael9385]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

Everyone has their limits and what they can afford to lose, there are people that would lose $20 dollars on a daily basis and it would seem like a waste because they are not financially boyant, while there are others lose the same amount and it doesn't feel like they are losing. It's all about knowing your limit. Some gamblers can have an entire bankroll of $20 for week and they try to utilize it because that's what they can afford

[bias]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Losing $20 per day is $600 per month. In some countries, this is a month's paycheck. To eat, pay bills, go out (if possible), etc needs we all have. For others, that's peanuts but most of the gamblers can hardly be sustainable in the long term with such a betting bankroll. You can have fun with less than that and bigger chances to hodl on.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

There is no positive feeling when you lose, no matter how much money you bet. However, I'm more than sure that losing $1000 hurts more than losing $10, and since most of us know from the start that this money is gone, better to stay lower than you can. Even if you have the money and bet $100 per day, most likely you will end up losing everything, including the fun.

[Sanitough]

There is no positive feeling when you lose, no matter how much money you bet. ..

It depends. If it’s online gambling, then yeah losing doesn’t feel fun at all.

But if you lose that money in a real casino, where you’re enjoying the vibe, getting free drinks, and surrounded by beautiful women, then maybe that loss feels more like a ticket to a bigger kind of “win,” if you know what I mean. 

[the rise]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

First of all, how rich are you? If $20 is small enough for you, then it can be considered as having fun. I say that because in my country, $20 is quite big. To earn it, it takes 3-4 days of work. Personally, I am very wasteful, unlike people who earn $100/day.

[Gozie51]

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

If you calculate $20 per day in a month, then you are talking of an amount within the range of $600/$620 depending on the month and that is a lot of money. However, it depends on the gambler's earning power from his or her source of income ( sorry I should not say her because ladies would hardly conceive that kind of idea or expenses for gambling fun   jokes apart).

So if a gambler is rich and earning huge where he doesn't consider such money spent but just concerned about his happiness, then he may not see it as waste but averagely, I think it is wasteful. It is wasteful because if you are consistently losing $20 daily for a game you are suppose to be catching fun with then you are not making any improvement from it and it may not actually be adding that spot of happiness since you will also be struggling to make a win and stop the loses sometimes in a roll or days nor week. At least to skip losing all the time. In other words, to have fun is more of having some loses and winning but if you are always losing, would you also be said to be having fun ? I don't really think so because sometimes you also want to win to show that you are having fun with understanding of the game. For example, there is always a process of learning and after learning you are expected to improve from mistakes you were making as a beginner. If you are not improving then it will be frustrating and you won't be having fun in a game that frustrating from winning.

[MAAManda]

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

It becomes a waste if your daily income is around $40 - $80, meaning you spend half of what you can earn each day. Of course everyone has different views, for people out there who make a lot of money, losing $20 is definitely not a problem. For me, spending $20 every day would certainly be a waste (if we're talking about losing every session).

[gunhell16]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

It is said that if you play gambling in any casino and once you deposit money, no matter how much it is, it is considered as a loss. Now if the amount you are doing is limited like 20$,
that is fine and at least you are disciplined yourself.

So you control the funds you use to play gambling and at that point that is a big deal for most crypto gamblers because they can still pretend
that they are also limited in the money they put into the casino.

[Fortify]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

It really depends on what $20 a day is relative to your income. For someone on $100k a year in a stressful job, that might seem like a reasonable outlet if it brings a bit of happiness in the evenings. However if it's someone scraping by on $28k, that's equivalent to a quarter of their money and it's likely that $7k a year should be better spent or saved elsewhere. The real trouble is that most gamblers are not good at cutting themselves off when a fixed amount has been spent, so they might end up drifting into $50 a day habit. The frequency that we do something often reinforces it and normalizes it, which in this case is probably creating a gambling addiction - but someone just doing it on the weekend is less likely to be hooked.

[danherbias07]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

I think the mistake that most gamblers make is calculating everything. If we can really afford to lose that kind of amount every day, which means we are making more than that from our jobs, then I guess regrets won't even enter us. If a gambler is truly having fun with what he does (gambling in this instance) then I don't think he won't even count all the losses.

Sure, we can set an amount to lose every day, but it doesn't mean we are always losing. Online casinos have RTPs. It means we can win some of it back at some point. We just don't know when.

[qwertyup23]

Since it can’t be denied that most gamblers share the same fate which we lose in the long run.
let’s say we’re losing a max of $20 per day, but we’re genuinely having fun with it.

Would you still consider that as wasting money, just for the sake of gambling? Or how would you justify that daily loss in a way that makes it feel more like a positive experience rather than just throwing money away?

I replied to a similar post like this where I explained the justification of spending in gambling where your objective is to primarily have fun.

In gambling, most people have different perspectives and goals whenever they enter this scene. There are people who view gambling as an avenue to earn extra money on their pockets; while there are others who view gambling for the high-intense action and adrenaline of the risks.

At the end of the day, the justification on your gambling habits would depend on why you entered this scene in the first place. If your goal in gambling is to earn money, then spending $20/day would definitely hurt on your expenses. But if you see gambling primarily as entertainment, then no matter how much you would spend in the process, you would still feel that it is worth it!