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

[nara1892]

Good innovation, so far and as long as I gamble honestly I have never found out about a casino that provides a feature to check the number of losses and wins in a certain period of time, maybe I have visited the casino but I did not research in more detail about what advantages the casino has but the point is this is a good idea, because when gamblers know about how much they have lost then at least maybe it can be something that reminds them to be more controlled in playing.

I think some platforms already have it. Once you go to your account settings and check stats, you will be able to see your total losses and then see what you have deposited.

I don't think they would do more than what they already have in their settings. They are running a business and don't think they would do anything that is going to make people realise that they are losing and leave their platform. The basic stats does this already.

Oh, and I just remembered that I once visited a local online casino that displayed deposit and withdrawal transaction history. Is this the feature they're referring to? I tried checking transactions for the past week (that's the maximum history I could check), and yes, I also saw that the deposit status was higher than the withdrawal status.
What you said is also true and makes sense: it's impossible for a casino to display everything in detail, especially the player's loss history, as that would defeat the casino's goal of maximizing profits.

[Agbe]

I think that should be in their database and if an individual user needs it, you can request for it and they will release it foe you. Those records are good for the casino for future purpose and references or uses. And I believed no casino will delete such vital information from their data base. And if they have issue with the gambler, they can crosscheck the history of rue gambler to have some information.

[Muba20]

Good innovation, so far and as long as I gamble honestly I have never found out about a casino that provides a feature to check the number of losses and wins in a certain period of time, maybe I have visited the casino but I did not research in more detail about what advantages the casino has but the point is this is a good idea, because when gamblers know about how much they have lost then at least maybe it can be something that reminds them to be more controlled in playing.

I think some platforms already have it. Once you go to your account settings and check stats, you will be able to see your total losses and then see what you have deposited.

I don't think they would do more than what they already have in their settings. They are running a business and don't think they would do anything that is going to make people realise that they are losing and leave their platform. The basic stats does this already.

Oh, and I just remembered that I once visited a local online casino that displayed deposit and withdrawal transaction history. Is this the feature they're referring to? I tried checking transactions for the past week (that's the maximum history I could check), and yes, I also saw that the deposit status was higher than the withdrawal status.
What you said is also true and makes sense: it's impossible for a casino to display everything in detail, especially the player's loss history, as that would defeat the casino's goal of maximizing profits.

Some casinos have a feature where the history of whether a gambler wins or loses a bet can be kept for a short period of time. But the problem is that there is no detail available. The reason for having such a feature is that if the gambler can see the amount of money he has won, he can get more motivated and return to gambling faster. Again, if the amount of loss is large, he can return to gambling even to recover that amount. I think this is a trick of some local casinos. Because it helps the gambler to remember his wins for a long time and forget the amount of money he has lost. Which can cause losses in the long run for ordinary gamblers.

[Callido]

Based on popular opinion, there are casinos like Stake and Rainbet that has this feature already and it is a really innovative feature that could help track down profits and losses in summary and also help control addiction. For sports betting, I don't think there is a feature like this just yet, maybe I just haven't come across any of such.

To a certain extent, I think that there is a limit to how much transaction history would be revealed on statistics and that could be a bit limiting to its purpose.

[Nwada001]

In my country, losses for one year can be deducted from the profits for the following four years. That means that, if you lose $1,000 in 2026, you can, deduct that amount from the taxes you have to pay until 2030, and therefore a functionality like the one you mention would be very useful especially for those who bet large amounts of money.

Which country is that? I have seen many gambling tax laws being talked about here, but this is the first time I’m coming across the one that actually deducts losses before calculating profit. Even if the losses can’t be covered for the year, you can still have to extend it to the following year until it’s covered before paying full tax. If gambling tax is made this way everywhere, we won’t have to complain.

[Odusko]

I think that should be in their database and if an individual user needs it, you can request for it and they will release it foe you. Those records are good for the casino for future purpose and references or uses. And I believed no casino will delete such vital information from their data base. And if they have issue with the gambler, they can crosscheck the history of rue gambler to have some information.

Individual player's can as well see such history on their data base actually, stake have a section where all bet records are kept but as a player you have to input the date of the data you want before it get sorted out and the thing out find whatever data you want, but of a true what is actually important to the casino is just the wagering of the player and you a players can keep your record to control your gambling obsession.

[Grace333]

I think majority of the betting platforms have history where players can visually see their past result, that alone is enough for gamblers to chacke and do their analysis to know how far they've gone in regards to being profitable or in loses. Personally I don't think it's important for checkbmy history at least not anymore but I used to do that doing my early days in gambling and each time I do that I end up being disappointed with the results because I'm always at loss.

[retreat]

I think casinos simply don't want to go that far since they already provide a summary of your gambling activity. If you want more detailed information, I assume you can track it yourself based on your own gambling history. Expecting casinos to provide a very detailed summary simply doesn't help you, as they already provide the essential information needed to review your overall gambling activity. And if you feel it's lacking, that's no longer their problem.

[Cantsay]

Oh, and I just remembered that I once visited a local online casino that displayed deposit and withdrawal transaction history. Is this the feature they're referring to? I tried checking transactions for the past week (that's the maximum history I could check), and yes, I also saw that the deposit status was higher than the withdrawal status.
What you said is also true and makes sense: it's impossible for a casino to display everything in detail, especially the player's loss history, as that would defeat the casino's goal of maximizing profits.

I just checked one of the casinos I used in the past, bcgame and the stats I got there weren't really useful. I got the Total Wins, Total Bets, and Total Wagered. If you look at it, you might think that there are some useful stats, but in reality, there are not. The total wagered doesn't really tell you the total you have lost to them or the total you have deposited into your account. The total wins talk about casino games, and there are some where you would be awarded as a win, but the total gotten from it would be less than what you staked, especially those with multipliers lower than 1x.

I don't think they would want to do more than this, this gives you some kind of stats and at the same time it prevents you from realising your losses and their profits in the whole transactions.

[knuckey]

Usually, casinos only save betting history for the last 3 months. In my opinion, this feature is not that important because this feature sometimes makes us feel regretful and we feel that we are not sincere about what we have lost. I rarely track it because it sometimes backfires on me, because it can make me more active in playing to recover my losses.

[Pi-network314159]

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?

If the innovation is implemented then it will be fine and also helpful, it will save people of the stress of keeping record of all game played including win and loses. Many has wanted such history record just like phone call log that stores all your activities both call and sms and other kind of history, if it is implemented it will be helpful. But am afraid that casino may kick against this innovation, because they will feel that they may lose customer who may quit gambling when  they check their history. You know many gamblers don't care about how much or how often they lose, provided they have that believe that they are going to win someday. So this innovation may discourage them to gamble.

[TheUltraElite]

Casinos have this tracking feature but I would suggest maintaining it yourself. One might learn a little bit about how to use spreadsheet software while doing so too. In long term the charts will deter the habit of gambling among common gamblers.

Now if you ask about whether casinos which dont have this feature should include this or not? I would say no in the perspective of a casino owner, because the casino will include a feature that helps them grow, not just based on public demand or something that a person can easily look up. Development takes time and work from the developers and they dont want to do something that may end up breaking the code.

[Ishicryptic]

If all the regulated casinos were mandated to add such features where gamblers can monitor their past profits and loses I don't think that majority of gamblers would care to track their profit and loses, I think that mentally we would know whether we are being profitable or at lose. Our focus as gamblers should be to practice responsible gambling, if you use amount that you're comfortable to lose to gamble always I don't think that you would be pressured to know if you're making profit or not. Gambling shouldn't be treated like a business where you are supposed to have a ledger to know your financial statues periodically, considering the house edge in gambling there is no need to look at it like a business.

[jcojci]

No need to reminds the lose you got in the past because that can triggers you to return to casino and wins back your money, that can cause you lose more even bigger than before. You should realize that gambling can taking all your money without you realize and the more you play, the more the chances you lose.

That will not happens if you can limiting your gambling activity and controlling your losses. Casino allow you to track your gambling history but that doesn't mean you can wins back your money easily. You can track anytime you want but that is just for your reminder that you should control yourself.

[Julien_Olynpic]

Honestly, I don't quite understand the point of this thread. Most casinos can view a gambler's losses from previous games in the statistics section. But apparently, the idea is to display the losses of gamblers in the stage of an already established addiction in large print on the website itself? In my opinion, few would agree to that. It's disadvantageous for the casino itself; it's directly against its interests. The most they could do is create another section on the website or a series of notes in the statistics section, where they could warn of the potential development of addiction and suggest a range of preventative measures.

[Tetu100]

Gambling shouldn't be treated like a business where you are supposed to have a ledger to know your financial statues periodically, considering the house edge in gambling there is no need to look at it like a business.

That's true, because when seeing it from a business point of view you will start getting worried when realized you are losing more than you're gaining and this can literally result to lose chasing. And again just as you earlier said, if one can be able to gamble with the little amount he can afford to lose, even if their are measures in which total losing streak and total winning streak can be monitored, I don't think the dude will be worried about it since he has always been mindful in his bet.  However, most times how we see or take gamble matters a lot, because when we gamble for fun the possibility of accepting any results is very high but when gambling as some stream of income you find it very difficult to accept things the way they're possibly lost chasing becomes inevitable.

[mitchr4]

If all the regulated casinos were mandated to add such features where gamblers can monitor their past profits and loses I don't think that majority of gamblers would care to track their profit and loses, I think that mentally we would know whether we are being profitable or at lose. Our focus as gamblers should be to practice responsible gambling, if you use amount that you're comfortable to lose to gamble always I don't think that you would be pressured to know if you're making profit or not. Gambling shouldn't be treated like a business where you are supposed to have a ledger to know your financial statues periodically, considering the house edge in gambling there is no need to look at it like a business.

Yes, the pressure to keep checking profit or loss gets lighter when we play with money we are already ready to lose. But this tracking feature is still useful for some people, especially those who struggle to control themselves or forget how much money they already spent. So this is not something everyone must use, it is more like an extra option for people who need help to play responsibly. This feature can also make us think about how much money we spend while playing, so it can help us stay responsible when we gamble.

[ArabBTC]

Honestly, I don't quite understand the point of this thread. Most casinos can view a gambler's losses from previous games in the statistics section. But apparently, the idea is to display the losses of gamblers in the stage of an already established addiction in large print on the website itself? In my opinion, few would agree to that. It's disadvantageous for the casino itself; it's directly against its interests. The most they could do is create another section on the website or a series of notes in the statistics section, where they could warn of the potential development of addiction and suggest a range of preventative measures.

Do you think that any casino would want to warn any of her gambling customers about the potential risk of being addicted? I don’t think any would because casino is actually a business, they would even prefer lots of persons get addicted so that it would boost patronage. The issue of a casino making provision for statistics in the website is actually good because it will help some gamblers have an oversight of their current form and track their loses and wins but me personally i don’t really check those statistics often because it might pressure me into taking hasty gambling decisions.

[Furious 7]

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?

If the innovation is implemented then it will be fine and also helpful, it will save people of the stress of keeping record of all game played including win and loses. Many has wanted such history record just like phone call log that stores all your activities both call and sms and other kind of history, if it is implemented it will be helpful. But am afraid that casino may kick against this innovation, because they will feel that they may lose customer who may quit gambling when  they check their history. You know many gamblers don't care about how much or how often they lose, provided they have that believe that they are going to win someday. So this innovation may discourage them to gamble.

Casinos that implement features like this can be said is a casino that pays attention to its visitors because maybe most users or players want features like this with a sense of curiosity about the entire financial total then this can help some players who really want to know the overall financial total in gambling at the casino. Although this has its positive side by going to petrify some players, but yes there is also a negative side that is possible as you said.

The casino may lose some of its visitors because by looking at the total amount of gambling money it is large, especially in terms of losses and this can make visitors have thoughts of staying away from gambling whether it is reducing their gambling habits or indeed stopping completely. And in fact I think some visitors there ajuga who do not care about this, they just focus on the stakes and gambling habits by having to get a win. This option can be helpful but should also be considered the possibility of losing some visitors.

[Cointxz]

Honestly, I don't quite understand the point of this thread. Most casinos can view a gambler's losses from previous games in the statistics section. But apparently, the idea is to display the losses of gamblers in the stage of an already established addiction in large print on the website itself? In my opinion, few would agree to that. It's disadvantageous for the casino itself; it's directly against its interests. The most they could do is create another section on the website or a series of notes in the statistics section, where they could warn of the potential development of addiction and suggest a range of preventative measures.

Do you think that any casino would want to warn any of her gambling customers about the potential risk of being addicted? I don’t think any would because casino is actually a business, they would even prefer lots of persons get addicted so that it would boost patronage. The issue of a casino making provision for statistics in the website is actually good because it will help some gamblers have an oversight of their current form and track their loses and wins but me personally i don’t really check those statistics often because it might pressure me into taking hasty gambling decisions.

Casino have responsible gambling terms which literally warn their players not be addicted and play responsibly. Casino will profit more if their players will player responsibly in the long run since consistency equals consistent profit.

Addicted players usually play like a one time big time game then quit when they don’t have enough to play unlike responsible player that will keep playing while they are still able to generate funds from their salary.

Casino wants player to play consistently. Being addicted is just one of the downside when you expose on gambling too much while you can’t handle the risk.