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Topic: Are You Using A Journal Spreadsheets Will Pave The Way For Addiction To Gambling - page 2. (Read 611 times)

hero member
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I used to have a spreadsheets to document my bets. It used to include infos like the teams in the selection, the market, the odds, amount and result of the bet. I wanted a way to keep track of my bets so I can guage if I'm actually making profits or not. It seemed like a nice idea at the time but it didn't really work out.

For OP that is asking if it can contribute to gambling addition, I can't say for such but the fact remains that anybody that goes that extra miles to document their bets actually take gambling as a hustle and business and not something for fun. It has been escalated.
legendary
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I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.
Before, I was like a random sportsbettor and doesn't do stuff with records until I have seen that it's a common thing to record your stuff and do things such as recording your bets to keep yourself on track. I find it odd before because it's completely a new world to me but then, I am the weird one that doesn't do records on related to finances. Yes, I'd say that this is related to finances because we spend money and just as how budgeting works, it should be the same as this.
I guess that it is hitting two birds with one stone, as you do journals, spreadsheets, manually or digitally. The thing is you're developing yourself and helping to do things on your own by tracking your own spending habits in your bets. This is a good structure for you to gain a skill for tasks like this, so it means that those gamblers that are doing journals have been multi-tasking for their own sake.

Very few gamblers are actually doing this practice - recording his bets. Because believe it or not, it is time consuming and you can't sustain such activity especially if you are a regular bettor. But if you are just an occasional bettor, it would not be a bothersome to do such task. It will also give you idea on how are you doing with predictions in sports. You can also get some hints on your next bets.

I've tried that once, as I wanted to see my betting prowess in basketball. Remember, in one game, there are a lot of betting lines that you can place your bets with. So I tried recording all my bets for that game and see if I can have profit at the end of the game. And I did have profits. But in my opinion, this is quite tedious if you will do this in your day to day betting. Good for you if you have so much time to spare, but if not, better take note your deposit and withdrawal amounts to see if you are on the losing or winning side.
legendary
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I can't even remember my bets from last day so I don't even want to start a spreadsheet as that will most likely drive me crazy haha with my pathetic choices + I don't really like to keep notes about my bets but I do like to track some certain teams in order to avoid them or to place bets on them. Per example , tonight in NHL , I don't think Hurricanes will go down 0-4 as they were favorites to win this NHL Stanley Cup.
hero member
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I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.
Before, I was like a random sportsbettor and doesn't do stuff with records until I have seen that it's a common thing to record your stuff and do things such as recording your bets to keep yourself on track. I find it odd before because it's completely a new world to me but then, I am the weird one that doesn't do records on related to finances. Yes, I'd say that this is related to finances because we spend money and just as how budgeting works, it should be the same as this.
I guess that it is hitting two birds with one stone, as you do journals, spreadsheets, manually or digitally. The thing is you're developing yourself and helping to do things on your own by tracking your own spending habits in your bets. This is a good structure for you to gain a skill for tasks like this, so it means that those gamblers that are doing journals have been multi-tasking for their own sake.
legendary
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I think it's a rather a good thing IMO because it helps to stay objective on the situation and your condition actually. You're less likely to deny your losses and the time you spent on this activity with a journal or a spreadsheet tracking your results. So I think it could prevent addiction and gambling compulsion if you make it seriously. But you should keep in mind it's only a tool, it can help but it can't cure gambling addiction alone. People really affected by this condition need to see a doctor for this.
hero member
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The last thing I'd do is creating a pattern or formula for gambling... WTH does that? Don't y'all save up some money just Incase any exegencies comes forth?.  Well, the stories I've heard so far won't cease anytime soon

The moment you begin to adopt this step, soon enough, it'll become a lifestyle - that means, you an addict already! The body stimulates the mind in most actions; like getting aquatinted with a certain habit overtime... I'd guess that's the last thing you'd ever want.
Y'all, if you don't wanna regret ever knowing how to gamble, stay away from this thread.
legendary
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There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

I think that only very very few person have such an excel spreadsheet or word document where they update it regularly by keeping track of everything they do.This is however not a paving way to addiction,this for me means to be extra cautious with what you do and if you have a look at your word or excel document and you spot heavy losses that is red flag or a bell of alarm that a smart person should interpret it as to stop gambling otherwise if he continues it is going to be bad and go from bad to worse.This can be as a last resort savior for people who keep such document.Personally I have never kept it as I mostly play slot machines and I know I am in deep red,looking for ways to stop gambling completely.
sr. member
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I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.

So I really don't understand OP's sentiment. Keeping track of your transactions and yourself accountable LEADS to addiction instead of preventing it? I think OP should reconsider because quite the opposite happens. It's not realistic to consider otherwise as keeping track is literally a barrier against addiction other than anything else. Maybe not the most effective one, and you can't rely only on this, but it surely has a good effect that one shouldn't just disregard like this.
Tracking your activities tells different, I can see a responsible gambler here especially if he will use that data to make a good strategy or another approach in gambling, and if you already hit your limit that spreadsheet will remind you to stop. Though it can be addicting once your data tells a bad habit of breaking your strategy, and having that monitoring is useless because your purpose hits different.
legendary
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I use a spreadsheet for my sportsbets because I'd rather be able to know what I'm losing and not to overdo it. No other reason to be honest. I think holding a spreadsheet is like holding yourself accountable, which is good.

So I really don't understand OP's sentiment. Keeping track of your transactions and yourself accountable LEADS to addiction instead of preventing it? I think OP should reconsider because quite the opposite happens. It's not realistic to consider otherwise as keeping track is literally a barrier against addiction other than anything else. Maybe not the most effective one, and you can't rely only on this, but it surely has a good effect that one shouldn't just disregard like this.
sr. member
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So far no, but I have thought about using a journal or spreadsheet as my yearly bet that I want to do with a spreadsheet but I'm not sure it will become a serious addiction.

What I have in mind about sports betting is like continuing to bet on favorite teams with pretty good wins every season.

Manchester City this season has 26x wins with two games left, well the rest are draws and losses if we continue to bet on Manchester City's winnings which say 28x wins throughout the season will this be profitable?

I didn't record the betting market odds simulation but I imagine it might be profitable.
hero member
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Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.
When I was keeping the record of my gambling activities, I was kind of addicted during the time, unlike now that I do not keep any record because the money I am using to gamble is very small. I could remember that time also that I will make predictions of how I will make money from gambling and have it also in records, but I will lose again to gambling. Gambling is not worth something someone should keep records of. Anyone that is keeping record of it is somehow addicted.

Then I guess it's all about our self-discipline when it comes to gambling.

Not everyone is built same so people may behave differ for something in particular, to me it doesn't make any such addiction but gave me clarity and it's not just applicable to my gambling activities but almost anything I do kind of preplanned so there is a better chance of achieving what I am trying to.
hero member
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That could be right because when they see their journal or spreadsheets, they will see how many wins and losses you got. They will wants to gets their money back if their losses bigger than their wins and that can makes them lose more money.
I don't creates journal or spreadsheets for my gambling activity because for me, gambling is just an activity to fills my time and not because makes money. Besides that, I don't taking gambling seriously because I knows that playing gambling is just for fun and we don't have to use much money.
Maybe people out there created spreadsheets to manage their money and checks their wins and lose so they can decides it later. We just hope that those people doesn't becomes addiction in gambling because playing gambling can caused them becomes addicted to gambling.
hero member
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I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.
No, I'm not using any of it. Usually a gambler who's making a record of his gambling activity wants to see the progress if he's in profit or not. Just like the gambler in op's example, he has a target amount to reach and we know it's not easy. Seeing the losses can only bring a regret in my part. Therefore, it's better not to make a record so I can stop dwelling in the past. It might be helpful for gamblers who take gambling seriously, however we know for some of us, it would be best to just leave everything behind.
hero member
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Am even shocked hearing this that some person actually do have or keep records of their gambling games because I don't know of such thing, for me it's all for the moment with my gambling habits. Although when the loses do get to me, I sometimes do a little calculation in my head just to get the figures straight.😁😁
Things like this can actually make us chasing our losses or even make us lazy and dont want to work anymore because based on that journal we are still in profits after a month/year.
Maybe this is necessary for pro gamblers who only rely an income from gambling, but for ordinary gamblers it is not that important.
Not to mention, for those who live in countries where gambling is illegal, a journal like that could bring trouble for the owner.

Do we know that when some people have a summary of what they have been spending on gambling over time, its going to be a disappointment on them to discover that they have lost that much on gambling without having a single chance of winning big, this and many other reasons can draw their attention to begin with the chase after loss and at the cause of this, they keep loosing the more and may get addicted along the way if care is not taken from how they are gambling.
legendary
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Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.
When I was keeping the record of my gambling activities, I was kind of addicted during the time, unlike now that I do not keep any record because the money I am using to gamble is very small. I could remember that time also that I will make predictions of how I will make money from gambling and have it also in records, but I will lose again to gambling. Gambling is not worth something someone should keep records of. Anyone that is keeping record of it is somehow addicted.
hero member
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There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

Keeping the track of what your performance doesn't necessarily mean that the person is addicted and in my opinion it is better to know what you are doing than being a complete rogue and didn't know what you are doing.

I will definitely not recommend anyone to do such challenges like turning $100 into $100o or whatever but if they manages it to achieve somehow with good analytical skills of the particular game then all I can say is well done buddy, I ain't capable of doing that. Cheesy
hero member
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I have been following my bets for many years (here on this topic https://bitcointalksearch.org/topic/bitbollo-betting-advice-45-267-13-1-place-tipster-competition-1234109 ) providing free suggestion to all gamblers.
I don't see it as something that can create addiction but rather as a tool that helps you better understand how this activity works and what allows you to obtain a profit.
Also, is a great way for money management. I would definitely recommend as useful tool in gambling.

It was probably  being related to addiction as when you are making spreadsheet already, that means you are trying to be serious with gambling, and when you are serious, you'll gamble more and we know that when we gamble more there's a big possibility that we will get addicted.

Though I agree with your opinion that spreadsheet will help us to analyze our works in gambling, and I find it necessary if our intention is to win as the approach should be systematic, but as I've mentioned, it could lead to addiction because it will lead to us gambling regularly.
hero member
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There is a thread about a guy who created a thread about his bet and will make it his journal for betting

Hi everyone, I am going to attempt to turn 0.05 BTC into 1.7 BTC with football/soccer betting. I will be using this post as a journal for my bets.

I want to ask: Are Using A Journal or Spreadsheets Will Fave The Way For Addiction To Gambling? My reasoning is that by creating a spreadsheet or a journal, you are taking gambling seriously and looking for ways and a means to win in sports betting or luck-based games.

Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?

The guy will be betting on football(which isn't considered hardcore gambling), as long as he makes small bets I don't think that he could develop a gambling addiction. However, I don't get the point of making spreadsheets of your bets in luck based games. The results would be partially or completely random and no patterns can be formed. Setting your goals like "I will make this amount of BTC out of betting this amount of BTC" is a wrong approach and shows that the guy considers gambling/sports betting as a way to make consistent money.
Only a small percentage of the sports bettors are making consistent profits, I'm 99% sure that a noob cannot make consistent money out of sports betting. He will have to gain lots of experience beforehand.
legendary
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I have been following my bets for many years (here on this topic https://bitcointalksearch.org/topic/bitbollo-betting-advice-45-267-13-1-place-tipster-competition-1234109 ) providing free suggestion to all gamblers.
I don't see it as something that can create addiction but rather as a tool that helps you better understand how this activity works and what allows you to obtain a profit.
Also, is a great way for money management. I would definitely recommend as useful tool in gambling.
legendary
Activity: 2534
Merit: 1397
Does anyone here have their own journal or spreadsheets, and are you taking gambling seriously?
I used to have a spreadsheet to track my bets but I eventually stopped because it already served its purpose and helped me take gambling less seriously. It still helps a lot if you're planning to take sports betting seriously, if you don't want to spend much effort you can find some tracking templates shared by other bettors.

If it's for luck-based games, it won't offer that much help because you're set up to lose even if you change your strategy or avoid specific games.
Make sense, using some journal will just make it like organize especially if you are tracking your funds and winnings or like winning percentage that will help you to analyze your gambling behaviour, but related with addiction to gambling, I can say that there's nothing to do with addiction at all.
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