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

[Bitinity]

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.

Useful or not is depending on the gambler but if you think it is not that useful because total wager does not really tell the actual loss or deposit, means that you understand it wrongly since total wager has nothing to do with loss or deposit or even withdraw. If you want to know about your overall loss then you should take a look at your PnL statistic. Although it cant be 100% accurate but at least you can use it to manage your gambling funds.

[junder]

Gamblers need to start telling their self the truth because if they don't then they will continue to lose money to casinos as they make profit of them. I also think casinos putting this on their platform will drive away customers but if there is a casino that decide to put this option on their platform then customers should be happy as this gives them an opportunity to monitor their losses so as not to over gamble when they shouldn't be doing that.

Gamblers needs to budget their money very well so they don't run out of money and start borrowing, when you see your mistake it is always better to learn from them as that history you have with the casino are the mistakes you made and the money you lost hence you should not get angry when you see them instead you should decide to learn and also improve on how you budget your money properly so you don't loose too much amount of money on gambling instead of investing that money into things that can give you profits in the future.

the existence of this feature can indeed make players see or monitor their losses so as not to gamble excessively as you say, but it depends on the awareness of each one also in my opinion. So even though they are aware of the existence of this option and can use it with a purpose like you said but it is also useless if they still instill the wrong mindset about gambling like still thinking positively about the winnings that can be obtained. All would be well if indeed their mindset is not wrong in looking at gambling.

[nara1892]

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.

I think what you're saying is outside the scope of the casino feature being discussed. You're referring to the behavior of gamblers in responding to the final results, such as being motivated by a history of wins and a desire to recover losses due to a history of large losses. This is the approach of addicts, and while there's nothing wrong with that, I think what I'm asking here is whether it's true that casinos only display winning history. Or why do they tend to only display winning history?

[Salahmu]

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.

Casinos that has it will never use the feature for only short terms recording because the reason why is there is for recording purposes so actually even if it takes years they will still have all your wining and losses compiled together. Those requests of gambling history is not necessary for me because is obvious that I wouldn't find anything pleasing if I want to check my history because I already no that my lost was more than wining. Also casinos didn't have an ulterior motive for the features but it was an act to satisfy users that's why you are seeing it because if it was on other way reasoning it could have cause more effect on them than what you are thinking about there purpose.

[Slow death]

As some members have already mentioned, this feature exists in Stake and other casinos. I myself have seen it in Stake, but I've rarely bothered to check it on my account. This is because I gamble very moderately, with small amounts that I can afford to lose, and I always gamble for fun, nothing more than that. So, at the end of the year, even if I went into the casino and saw how much I lost all year, I wouldn't be sad about the result.

That's why good bankroll management is crucial; it's a very important point. With good bankroll management, you define how much money you'll allocate to gambling each month, but only an amount you can afford to lose, and how to spend that monthly amount each day and week.

[Alphakilo]

As some members have already mentioned, this feature exists in Stake and other casinos. I myself have seen it in Stake, but I've rarely bothered to check it on my account. This is because I gamble very moderately, with small amounts that I can afford to lose, and I always gamble for fun, nothing more than that. So, at the end of the year, even if I went into the casino and saw how much I lost all year, I wouldn't be sad about the result.

That's why good bankroll management is crucial; it's a very important point. With good bankroll management, you define how much money you'll allocate to gambling each month, but only an amount you can afford to lose, and how to spend that monthly amount each day and week.

I don't allocate funds to spend on gambling per month, instead I do it the week I feel like gambling and it's only a tiny amount that I can use for about three to give sports betting. After it gets exhausted I wait till another week when I intend to gamble and before doing so, I must have had a rough idea of the main tournament or leagues and teams involved before funding my account to bet.
This makes the functionality of overall statistics on amount lost or gained quite irrelevant to me when I think I already feel content with just changing my bet strategies and sticking to small bet amount sizes.

[Cantsay]

I don't allocate funds to spend on gambling per month, instead I do it the week I feel like gambling and it's only a tiny amount that I can use for about three to give sports betting.

Honestly, when I see people talk about budgetting a certain percentage of their salary for gambling I am usually surprised, I know we all have different ways we spend money, but making gambling something or a part of your monthly or weekly salary budget jut gives the impression that they are no longer treating it as a thing of fun anymore and and it's now part of their daily routine.

[bhadz]

The history does the work for that. I'm not sure about how other casinos if they're listing the record entirely for our losses and wins. But I think that's part of the feature. So, if someone really likes to track their wins and losses, that's for them to check it out. Although I don't think that the casinos really need to add this feature when the history of it does the job and if someone keeps on looking for that feature, you just have to check if all the details are in the history.

I don’t know why gamblers feel the need or think it’s important to track all of that. Actually, if you just want to see how much you’ve won or lost, you only need to look at the deposits and withdrawals section. Even without looking at that, as a gambler, you should already know whether you’re withdrawing or depositing to the casino more often.

Yes, there is a dedicated page for all of it. Maybe it helps them to track their expenses, and that's why they want to look for that feature which makes it easier. But I don't think that most casinos will adhere to that when it's already visible and we just have to navigate it from within.

Seeing those amounts won’t change a gambler’s situation. You’ll just keep gambling.

Somehow, it could change the mind of the gambler when they've been drowning in losses, and they're in a streak. That can make them think that they should stop or slow down a bit.

[Versatile_choice]

I don't allocate funds to spend on gambling per month, instead I do it the week I feel like gambling and it's only a tiny amount that I can use for about three to give sports betting.

Honestly, when I see people talk about budgetting a certain percentage of their salary for gambling I am usually surprised, I know we all have different ways we spend money, but making gambling something or a part of your monthly or weekly salary budget jut gives the impression that they are no longer treating it as a thing of fun anymore and and it's now part of their daily routine.

Sure, majority of the gamblers are not treating it as a thing of fun but an alternative source of income which is very wrong. That is why we usually see some people allocating a huge amount of money in thier gambling budget, here in my country I have never seen anyone talk about gambling for fun but when it comes to  discussion like ways in which they can make consistent profit from gambling, everybody will give attention to that discussion not knowing that gambling doesn't work like that. I'm not against those who are treating gambling as an alternative source of income my only advice is that when allocating money in our gambling budget we shouldn't allocate the amount we know it can not be easily afforded.

[wozzek23]

Usually, casinos only save betting history for the last 3 months.

IMO 3 months were short but players who care about their stats should only keep track on it and they will only need to transfer their records for a longer basis or analysis. On some casinos I use, they still have a longer time frame than just 3 months. The funny thing is, I don't check it and start over but I usually start every Monday if I lost track on some times and log my playing sessions all throughout the week to see if I am up overall or down.

In my opinion, this feature is not that important because this feature sometimes makes us feel regretful

I think casinos themselves are aware of that fact but can't help but to still include the feature because that makes the business to look formal. Can't you notice that on other thing that we interact with like by using our digital wallet or bank for example, there are also options there to see all of the transactions we made? Even on the video game we play, they have it as well.

[impulse709]

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.

Casinos that has it will never use the feature for only short terms recording because the reason why is there is for recording purposes so actually even if it takes years they will still have all your wining and losses compiled together. Those requests of gambling history is not necessary for me because is obvious that I wouldn't find anything pleasing if I want to check my history because I already no that my lost was more than wining. Also casinos didn't have an ulterior motive for the features but it was an act to satisfy users that's why you are seeing it because if it was on other way reasoning it could have cause more effect on them than what you are thinking about there purpose.

I believe, transparency is the key point. If the casino has their own gambling record. It can help players understand their betting patterns better if they are able to see a detailed long-term overview of their total deposits, withdrawals. Wins and losses. Others may feel disheartened by the net losses and others may be able to apply the information to the management of their bankroll. Obviously, there will always be players who would look at the figures and ignore them, but if they have the option of seeing it, it's better than not seeing it. It's not always intended to make gaming more appealing, but rather it is based upon the individual using the information to gamble.

[michellee]

In my opinion, this feature is not that important because this feature sometimes makes us feel regretful

I think casinos themselves are aware of that fact but can't help but to still include the feature because that makes the business to look formal. Can't you notice that on other thing that we interact with like by using our digital wallet or bank for example, there are also options there to see all of the transactions we made? Even on the video game we play, they have it as well.

Casinos don't want to have trouble or accusations that they don't provide a history tracker of gambling activity to gamblers. They will provide that feature whether gamblers use it or not because they think that is the basic feature that should available on the casino. If gamblers use that to track their gambling activity and also use self-limitation feature to prevent from gambling excessively, that gives benefits to gamblers. They do not worry if they spend much money as they can see their gambling history and stop it if they think almost reaching their limits.

[Fivestar4everMVP]

I don't allocate funds to spend on gambling per month, instead I do it the week I feel like gambling and it's only a tiny amount that I can use for about three to give sports betting.

Honestly, when I see people talk about budgetting a certain percentage of their salary for gambling I am usually surprised, I know we all have different ways we spend money, but making gambling something or a part of your monthly or weekly salary budget jut gives the impression that they are no longer treating it as a thing of fun anymore and and it's now part of their daily routine.

You are absolutely right bro, and it's basically no more a thing to doubt that some or even most gamblers have turned gambling into an important part of the activities they engage in either on daily basis or monthly basis,  so onlike you, I am really not surprised anymore when I come across gamblers talking or discussing about setting out gambling budget like gambling is something or an activity they really can not live life without.

Now, if we are talking about gamblers who are addicted gambling, it's more understandable because this ones have committed themselves to gambling and only by much effort can they be able to come out from such habit.
But for a normal person who practise setting out budget for gambling on weekly on monthly basis depending on how they are earning money, it's absurd, but like I said before, I am not surprised since we as humans think, reason and treat same thing differently at times.

[Dunamisx]

The casino can track everything they are doing on their platform, except when they don't wish to do so. This is where we should also be mindful of how we gamble and the steps we take.

I don't know if they can also allow us to have access to information like this, or based on the request if they will grant unto us, we should also be able to see both the advantage of doing this and the disadvantage as well, because knowing what gambling would have caused you over time when you have a summary of your losses and profit over time could come disappointing, except we already have gambling as an entertainment and fun to do.

[Betwrong]

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. ~

No, that's only if you are a problem gambler. For most gamblers tracking your loses and profits on the platform is a good thing. Rational people can make a decision to stop gambling entirely or to gamble less than previously if they see that lose more, say, in a year, that they can afford to lose. If you have an irresistible urge to return to the casino and recover your losses, you should consult a specialist.

[Peanutswar]

Most of the casino have their transactions history with the games wagers, names and even the deposit and withdrawal and most of them have the feature of exporting the table view in their system but having a automated calculation from the gains and losses in the casino I dont think so they will offer this kind of services. At first they aren't an accounting system they are gambling platform to give entertainment and earn money so why showing a loss to the players so they will lose their customers all they can give is the data for you and you will create your own sheet from this.

[Insanity]

In my opinion, this feature is not that important because this feature sometimes makes us feel regretful

I think casinos themselves are aware of that fact but can't help but to still include the feature because that makes the business to look formal. Can't you notice that on other thing that we interact with like by using our digital wallet or bank for example, there are also options there to see all of the transactions we made? Even on the video game we play, they have it as well.

Casinos don't want to have trouble or accusations that they don't provide a history tracker of gambling activity to gamblers. They will provide that feature whether gamblers use it or not because they think that is the basic feature that should available on the casino. If gamblers use that to track their gambling activity and also use self-limitation feature to prevent from gambling excessively, that gives benefits to gamblers. They do not worry if they spend much money as they can see their gambling history and stop it if they think almost reaching their limits.

I'm fine with a full betting history as a basic feature; there may be something to be done with it. Most casinos will only display individual bets, withdrawals and deposits. Players who wish to play in a responsible manner would find it very useful to have a profit/loss summary for the entire life of the account, or by week or month. While it may be difficult for some people to look at losses, of course, it doesn't make it less valuable. This feature should be visible. But not obtrusive. It encourages transparency and allows gamblers to make informed choices about their gambling practices. Not just relying on memory.

[AuchanX]

I understand your point. It can be easier to be a responsible gambler with the benefit of seeing our losses in 1 year or 6 months. I usually don't remember small losses and I don't think most gamblers even keep track of their losses. So when we see our losses in 1 year or 6 months, the game can sometimes be more responsible. Leaving that aside, the sad thing is that no casino company wants us to see our losses in 1 year. The casinos will agree to do whatever they can to make a profit.

[impulse709]

In my opinion, this feature is not that important because this feature sometimes makes us feel regretful

I think casinos themselves are aware of that fact but can't help but to still include the feature because that makes the business to look formal. Can't you notice that on other thing that we interact with like by using our digital wallet or bank for example, there are also options there to see all of the transactions we made? Even on the video game we play, they have it as well.

Casinos don't want to have trouble or accusations that they don't provide a history tracker of gambling activity to gamblers. They will provide that feature whether gamblers use it or not because they think that is the basic feature that should available on the casino. If gamblers use that to track their gambling activity and also use self-limitation feature to prevent from gambling excessively, that gives benefits to gamblers. They do not worry if they spend much money as they can see their gambling history and stop it if they think almost reaching their limits.

Gambling history is a fundamental element that every good casino should have; it helps ensure transparency and lets players check their game history as they need. But I believe it would be better to have an optional profit/loss report for a period of user's choosing. However. many players only recall their massive wins and fail to account for their losses over time. Which would be useful to have a proper P/L tracker to make better decisions about their bankroll. Those who don't want to see their results can simply ignore or disable the feature. Providing players with precise information does not promote gambling. It promotes awareness and responsible handling of money.

[Cryptmuster]

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?

I don't think casinos will ever implement such a feature because it would represent a significant loss for most players. Looking at their losses from a purely psychological perspective can be a reminder for players that they've achieved nothing in gambling, other than losing a significant amount. This could discourage them from playing further. Therefore, such a feature wouldn't be of any use to casinos. If players need such statistics, they can keep track of them themselves.