How about casino's implements feature to track past loses & profits sum overtime

[Cryptohygenic]

Just a quick one my dear good people of bitcointalk forum, I am teased to create this thread after severally come across threads with the discussions about gamblers recalling their lost bets in other to realize the total sum they have lost in a specific time frame which a period of one year had been a much concern for those raising such topics.
They tends to make gamblers know that if only they would realize how much they looses in a year or so, they would had done something better with it.

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

[Rruchi man]

What do you all think about this if the innovation is implemented?

Casinos expect that you should be able to keep up with such a responsibility by yourself because them having to keep up or help you with such a responsibility has no benefit to them.

The features that casinos mostly implement are features that have a direct benefit to them.

[Orpichukwu]

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

Stake Casino has similar features. When you go to your profile on the casino, you will see an option that says “statistics”. If you click on it, they will show you a rough preview of your recent history, both total lost and total winning. If you request the file, it will be sent to your email with a total breakdown of each of your recent games, amount wagered, profit and loss made on each game and overall rating for that period.

[Odusko]

Rainbet casino, stake casinos and a number of few other have features that are similar to this and can function in this regard, as with stake casino which I mostly used, you can easily check your bet history, sort it out by date you can simply input the date you want your records history and you get information about previous activities like.
1: Total loses/winnings
2: Overall wagered amount within the selected period
3: Total amount won meaning total income in the specified time/date

[Cryptohygenic]

What do you all think about this if the innovation is implemented?

Casinos expect that you should be able to keep up with such a responsibility by yourself because them having to keep up or help you with such a responsibility has no benefit to them.

The features that casinos mostly implement are features that have a direct benefit to them.

If that is so, we are to believe that any casino that will not be that selfish and ignore such mentality and builds one of the anticipation will gain more attention.
But I doubt if the casino's will have this very thought as you said else, there won't be the provision to review your bets history. But looking at it some other way rounds, you could be right by the casino's considering that if such feature is provided, it may profer some glances of user's to step backward after having the oversight of how much they have lost in summary. Surely many looses as much that would feel them pains after realizing how much lost.

[Dave1]

What do you all think about this if the innovation is implemented?

If I'm not mistaken, there are casinos that track your win and losses and your profits. So it's not something that hasn't been implemented. Even some local casinos that I have played for years have some kind of tracker already.

So from time to time I will check how much I bet and how much money I lost or win in a certain day. Perhaps this is a way that casino wanted to be fair as well with their gamblers. By giving them the numbers upfront.

[Hispo]

It already exist, actually.
Casinos have a very detailed database of each one of their gamblers, so one can request to the administration of the casino for a full report of our activities, in order to know how much money we have lost (or win) through time.
Though, that is something I would not personally recommend, as it could prompt us to gamble further in order to make up for losses we could have accumulated in recent years.

It is better to forget about losses and enjoy wins when they come.
Common sense tells us the majority of us will be losing money against the house if we requested a full statistical history to the casino.

I have never asked the casino how much I have lost, and I don't have any plan to do so in the foreseeable future.

[Fivestar4everMVP]

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

Good idea for the gamblers but unfortunately, it's not so muck a good idea for casinos since it's a business they are running and introducing features like this may likely ruin their business for them to be honest with you.
I don't know about other gamblers but my opinion is based on my very self and what I would do if I had the ability to view how much I've lost over time, as well as how much I've won over time gambling on a casino.

I know for certain that my loses will be very huge and far higher than my winnings, the casino allowing me to see this record will automatically turn me off from gambling, and what this mean is that they will likely end up losing a customer, I honestly think some casino may have thought about introducing a feature like you suggested but they believed it could cause them to loose some of their users, and this is why we haven't seen a feature like that on any casino, you know that popular proverb that goes " somethings are better off left unsaid", and based what you are suggesting, I would say "somethings are better left unknown".

[Bitcoin.com97]

Your idea is nice ,but the truth is that ,it's also a business for casino, they need profit too , although some Casion has such features but not all such responsible is not for them to keep but the individual,that is why bankroll management is important, couple with self discipline it will enable you to keep track record of your deposit history, your loses and wins can easily be calculated so one can know how his or her gambling life has been so far ,many gamble uncontrollably, without knowing how their loses is , because if they knows ,some would have changed strategy.

[DabsPoorVersion]

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

Good idea for the gamblers but unfortunately, it's not so muck a good idea for casinos since it's a business they are running and introducing features like this may likely ruin their business for them to be honest with you.
I don't know about other gamblers but my opinion is based on my very self and what I would do if I had the ability to view how much I've lost over time, as well as how much I've won over time gambling on a casino.

I know for certain that my loses will be very huge and far higher than my winnings, the casino allowing me to see this record will automatically turn me off from gambling, and what this mean is that they will likely end up losing a customer, I honestly think some casino may have thought about introducing a feature like you suggested but they believed it could cause them to loose some of their users, and this is why we haven't seen a feature like that on any casino, you know that popular proverb that goes " somethings are better off left unsaid", and based what you are suggesting, I would say "somethings are better left unknown".

It may be true that it's not a good idea for casinos by providing players a feature to look their own betting history to determine the amount of their winning and losses, because it might be the reason for them to be discourage from playing again once they have their own realization how much money they lost. This will surely affect the possible profit of the casino.

However, even with this disadvantage, there are still some advantages. Providing a feature to show the players their own betting history will be the trigger to build trust and possibly make the players be loyal to the Casino. We all know that transparency is the key to build a strong reputation.

[Samlucky O]

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

It would have been good if the Casino produce a file that will keep or store records of past and previous games played, but I don't think if such thing do exist in casino, but it is possible in sportbet. Because If you check your sportbet history you can see all the past record of the games you have played, and from there, you can track all record, both wining and loses without much stress. But the history doesn't contain all the games you played from the oncept, the history s only tied to the current games within some period of time.

[danherbias07]

So you want the casinos to do more work without payments? That means another team of employees that will develop a feature that you mention and maintain it. That also means increasing their storage because it needs to be stored for gamblers to see their loss history and amount.

I say that's a lot of work, and they won't do it even if 1 million gamblers file a petition to create such a thing. It's nice on paper, but will probably raise an eyebrow for the owner of the gambling site, his investors, and management.
We could always just create a spreadsheet. I did it before, but it hurt my feelings whenever I saw my losses, so I stopped it. I think many gamblers here in the forum are still doing it.

[Mia Chloe]

~snip

Well some casinos kinda have this feature already but not really all some just give you a gross estimate of your bet sum which is a sum of the total amount you've placed on bets regardless of if you won or you lost.  That's not really a very accurate stat though but it might come in handy too.

If a casino constantly gives you your net win and net losses then there's a chance that you might have doubts continuing to play with them since your bets depend on them directly or indirectly.

[swogerino]

Some of the casinos may have a similar feature which of course is on request, they will never apply this to show or force show while you are playing in real time, I mean all time statistics not just the session you started which most casinos do have that by the way. The reason is simple in my opinion and it is that if someone had in front of him all the time the colon of losing and winning most probably he will see that he has been losing a lot more than he has won so a lot of gamblers would quit gambling.

[PostQuantumBTC]

I have used some casinos that have this, but some casinos will not have it because they just do not want their customers to know how much they have lost. Anyone that is using little amount of money to gamble will not think about looking for the amount of money that he has lost.

On some gambling sites, you can even see the games that you played and the matches that you bet on and the amount that you used and also see there if it was loss or won.

[Outhue]

What do you all think about this if the innovation is implemented?

If I'm not mistaken, there are casinos that track your win and losses and your profits. So it's not something that hasn't been implemented. Even some local casinos that I have played for years have some kind of tracker already.

So from time to time I will check how much I bet and how much money I lost or win in a certain day. Perhaps this is a way that casino wanted to be fair as well with their gamblers. By giving them the numbers upfront.

OP must be thinking that the availability of this feature will be like a caution sign for gamblers who can't tell how much they have lost so far in the past weeks and month, as if it will stop those greedy gamblers from doing their thing. Someone who wants to keep gambling will still keep doing it without any new strategy after they look into their past records, it changes nothing.

Past records and gambling restrictions aren't enough, your gambling exposure and risk tolerance isn't about what others can provide or made available for you as a gambler, it's something from within the gamblers themselves, you are the ones with ability to restrict yourself and risk only what you can afford to lose.

[cryptoaddictchie]

Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

Actually maybe this feature might be present with other casino. But yeah, this kind of system is highly good for users to monitor their game loss and win. Just like in trading having information for this which can be pulled out anytime would be good. At least we can see whether our gambling is working out or not.

But in all honestly, even got have a feature like this gamblers wouldnt magically stopped their addiction cause they are seeing some figures or losses to be discourage.

[TedMosby]

So, is it like a historical PnL feature on a CEX? I would love to have that feature on the casino I play at. However, I think there's a low chance they would implement it for some reasons. Casinos should at least offer statistics about it, like what Stake did. See post #3 by @Orpichukwu.

[...]
They tends to make gamblers know that if only they would realize how much they looses in a year or so, they would had done something better with it.
[...]

For "good" gamblers, it may help them realize how much they have lost, and they can gamble wisely, take a break, or even stop after that. But couldn't it also make "bad" gamblers chase losses? It could be even worse if the gambler is already addicted to gambling.

The alternative way is to take notes by yourself. Try using a spreadsheet to track the deposits and withdrawals you make. I don't think casinos would implement this, because there's a chance they would lose users, especially if these "good" gamblers are profit-oriented and realize their PnL is deeply negative.

[SportbetOne]

Some regulated fiat casinos are actually forced to provide loss-tracking tools, but crypto sites mostly avoid it. Honestly, showing a gambler a massive red number doesn't always make them stop. Half the time it just triggers a crazy tilt session to try and win it all back in one night.
Then there is the whole crypto price headache. Say you deposited 1 BTC back when it was $20k and lost it. If BTC is sitting at $60k today, what exactly is the dashboard supposed to show you?
Trying to track historical exchange rates for every single micro bet across a bunch of different coins is just messy. Plus, let's be real. Operators have zero incentive to spend time building a feature that actively depresses their players and makes them stop betting.

[Somegory]

Just a quick one my dear good people of bitcointalk forum, I am teased to create this thread after severally come across threads with the discussions about gamblers recalling their lost bets in other to realize the total sum they have lost in a specific time frame which a period of one year had been a much concern for those raising such topics.
They tends to make gamblers know that if only they would realize how much they looses in a year or so, they would had done something better with it.

I am not opening this thread to create avenue to counter their individual opinions but I am considering the possibilities of the casino platforms having to provide a feature that can store or generates a file that summarizes total bet lost and amount lost at a specific maybe include total profits within a certain period.
Maybe the system should be setup where users can key in the entry period of their past records they want to recall.
What do you all think about this if the innovation is implemented?

Many online casinos have this feature available, you are just not looking enough, by the way what do you think one will gain from looking at the past record of wins and loses? Maybe they will be more careful as a gambler or something?

I don't look for such records because I have no reason to, but if my wins are good enough I honestly always want to keep that to feel good or share with others, same thing as when I trade and it turned out well.

I always risk very small money and it will take me many years of gambling for the money lost to be big enough, there is no better feeling than risking small money to make good amount of money, as the way it should be.