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Topic: Do You Factor in Miscellaneous Expenses in Your Gambling Budget? (Read 68 times)

sr. member
Activity: 546
Merit: 265
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?
Talking about buying bonuses is too part to be made when drafting a gambling budget because if you don't and uses the funds you did not make additional plans for in gambling, it is tantamount to dispute your bankroll because it has not been your initial plans.

Also taking about miscellaneous, it does not seem good to think there should be an extra budget for our gambling otherwise, you are definitely going to spend more money beyond your budgets. Instead of having it tagged "miscellaneous/additional expenses", it is better you revalidate your budget by increase and that should only be considered if your income has increased otherwise you your savings will negatively be affected.

legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
As I only gamble online, I don't factor any additional expenses anymore. Since I have my monthly bill
 for the internet connection and I am using it for other purposes, I don't consider it as extra expenses for my gambling activities. And once I sit down to play, I make sure that I am only using my allocated funds for the session.
sr. member
Activity: 840
Merit: 437
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?

I don't normally think about this kind of expenses when making my gambling budget, if am to budget for the money i have to use in gambling, then i work straight by what i have at hand to use for the gambling purpose, knowing that not all the offers for the bonus i may be eligible to get, some have their kind of requirement one may not go along with, we don't have to be too calculative when it comes to gambling and the amount of money we use to do it.
sr. member
Activity: 616
Merit: 281
Money for gambling is different from money for unplanned gambling expenses.

Reason is that money for gambling is constant but unplanned gambling expenses is not constant, there is no need to have them in my budget. What I do to mitigate any surprise is that I carry some spare cash always. The decision to buy bonus could be made spontaneously and that is where the spare cash comes in. I rarely buy bonus and it doesn't matter if I use the spare cash or go alittle above my budget.

The cost of internet is not gambling expenses because I always use the internet for other very vital purposes everyday and that comes from other budget too.
sr. member
Activity: 728
Merit: 444
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?

I don't treat them separately as I include everything into by gambling budgets. My transportation, relaxation expenses and money I'll use to do other things are all included in my gambling budget. I haven't exhaust my gambling budget before because after I win, I'll always add some of my profits to my budget and keep the rest for other things that aren't as risky as gambling is.

I believe before anyone do their budget, they first have to look at what they have budgeted for gambling and how frequently do they gamble before they can conclude that the money will be okay for them to gamble and also to be used for other expenses. I don't spend too much when I visit a physical casino hence I'll not be spending that much money to add extra budgets to what I  already have.
legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
I have used bonus buy several times. I came to the conclusion that it does not worth it.

The extra money needed are not included on my gambling bankroll. But know that sometimes I may not spend up to the amount even on gambling because not all the time gambling will not favour me. There are some weeks that gambling really favours me.
full member
Activity: 189
Merit: 120
I don't run such an extra budget for gambling; the data, which is the internet connection cost I use, is what I use for other things too. It's not just specifically for gambling, so I can't include that in my gambling budget. The only time I might consider adding or saying I spend extra for my gambling is if I leave my home to visit a viewing centre where I can join others and watch a football match, which will cost me some extra cash, but I still don't consider those; only the money I use for each of my bets is what I consider as what's spent on gambling.
full member
Activity: 294
Merit: 178
Top Crypto Casino
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?
I set aside some of my income to be used for gambling budget, so that it can make us feel safer when facing future risks. Regarding bonus purchases, maybe I will add from my savings to do it, because we know that this is to increase the bankroll when gambling so that we can play a little longer. However, it should be realized that we should set aside only a small portion of the total income for gambling, and for me personally I prefer to compound so that I can play a little longer, so that it does not cause us to lose a lot of money, let alone spend all the savings or income that has been obtained so far, so stay wise and be a responsible gambler.
hero member
Activity: 826
Merit: 583
I have determined my gambling budget with certainty. There are no other costs or anything that can reduce or increase the budget.
Costs such as internet or other accommodation are included in the monthly budget for expenses, so there is no need to calculate them separately.
I usually add a budget for gambling when there is additional income from bonuses given at work, although I very rarely increase my gambling budget allocation.
hero member
Activity: 2198
Merit: 607
Leading Crypto Sports Betting & Casino Platform
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?
No ! the cost outside of betting never crossed my mind to be included in the gambling budget. Because it is quite large if combined, considering that the additional costs are more for daily needs, even without gambling, money for consumption and transportation is still spent. That's based on me personally, but maybe some people include it as a budget then need a much bigger betting win to cover various expenses.
sr. member
Activity: 518
Merit: 288
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions.

While preparing or gambling I only have one budget to use in gambling, so if there is anything miscellaneous I don't include it because is not necessary and besides there is no extra expenses in casino gambling unless the gambling wants to create one for themselves. However most gamblers subtract the miscellaneous amount they are going to spend on transportation for physical casino from their gambling budget but since the online casino doses not involve transportation their gambling money will be very complete as they budgeted, so actually the miscellaneous money Is still there but in attachment with the main gambling funds.
sr. member
Activity: 588
Merit: 302
Trust the process, imbibe consistency
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?
I don't consider miscellaneous expenses in drawing my gambling budget because such budget is a fixed percentages of my income. If I want to buy bonuses in casino, that will be done with the gambling budget and no other additional funds because. Internet subscription, food and other expenses are not part of my gambling budget because even without gambling, I will have Internet, I will eat and do other things.
hero member
Activity: 644
Merit: 661
- Jay -
When gambling, I never really consider those miscellaneous fees as they are almost negligible. I spend very little time gambling online and it does not affect my internet usage. I rarely visit physical casinos and use very low transaction fees.

I also do not allocate gambling expenses in percentages. I gamble when I feel like and can sometimes go months without doing that. But if I did have a budget, it will not include those miscellaneous expenses.

- Jay -
hero member
Activity: 658
Merit: 562
The only extra expenses I do have after my gambling budget is the transaction fee and that is just once to see nd my gambling budget to my casino account. However, it's always deductated from my gambling budget. It's gamblers that uses offline casinos that can tell more on this. Online makes gambling expenses cheaper.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?

When I used to gamble I use to play in online and I didn't considered any fees despite the fees being 3 dollars for a withdraw where I used to play, of course I would agree with this as the withdrawal was almost instant, just a few seconds and money in my wallet. Now though that I have quit gambling I see the benefits of it, I keep the cryptocurrencies as I used to only gamble through cryptocurrencies in my wallet and if I am low on money or some unexpected spending happen I have where to borrow money, I borrow from myself and not the bank anymore, this is what I called a safe thing as I was gambling and I know through gambling you may hit it huge though what happened to me I don't wish it even to my worst enemy, I got 5 super buy bonuses 2500x my bet and got in return 14.75x my bet, that is a total absurdity which lead me to quit gambling definitely.
sr. member
Activity: 294
Merit: 433
HODL - BTC
There is a separate budget for internet costs, food, transportation etc.
But for bonus purchases then it goes in the gambling budget because this is the same as gambling to buy bonuses.

So I separate for both... The gambling budget is a little more specialized at around 5% of income while the other budgets are already set and other obligations.
hero member
Activity: 1190
Merit: 901
Livecasino.io
When setting a budget for gambling do you considered the extra expenses that come with it? I want think we can call them "miscellaneous expenses." Things like even higher internet/data costs, buying bonuses. For physical casinos transportation, food and drinks at the casino, or even fees for online transactions. If you’ve already set aside 2-5% of your income for gambling, do you include these costs in that percentage? For example, if you plan to buy bonuses is that part of your gambling budget or do you treat it separately?
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