Topic: Do you have a habit of tracking your gambling progress? - page 5. (Read 2383 times)

In gambling, keeping track of wins and losses is not very important, but in some cases it is important. Because when a gambler conducts gambling he has to take care of many things. One of those things is financial management strategy. If the gambler manages the financial affairs properly he will not lose his bankroll completely. Moreover, when the gambler collects data on his wins and losses, he can make  decision about how much risk he should take. Moreover, gamblers can make relatively good decisions about emotional issues. The focus is primarily on how a gambler himself can conduct responsible gambling. However, according to some gamblers, it is not important to do this because whatever idea the gambler takes about winning or losing when he looks at his previous progress report will not change the outcome of the bet. In that sense I don't think there is much need for a progress report.

I used to have some. I tracked my gambling progress. These were records of my wins and losses, dates of gambling sessions, types of games and bet amounts. Also, noting how much time I spend gambling during each session.

But such a habit requires discipline. And on that time I got what I needed (understanding my gamble behavior) and I stopped doing it.
But of course, if you gamble professionally, such habbits can significantly enhance the gambling experience, making it more enjoyable, manageable, and financially sustainable.

Casual gambling can be entertaining. Once money is the goal, things get real. Tracking wins and losses is essential. Your scorecard. Blindly entering is a recipe for disaster. I've seen it happen.

This "unlimited spending" is a myth. Gamble recklessly and lose big. The game plays you. Self-control is essential. Lose that, and trouble awaits.

Be honest about addiction. The silent threat. Get hooked, and you strive to escape. Good individuals have been destroyed by this. You might lose yourself as well as money. This is why moderation rules. Know when to play and leave. Tracking and maintaining your behaviors is essential to survival.

Calling it an "investment strategy" is...well, just say that's stretching it. Real investments actually offer something back. With gambling, it's a different game. You talk about avoiding losses, which yeah, makes sense. But maybe the real question is why play at all?

The idea of accepting a loss...it's something most of us get. But it's that cycle: lose, refill, lose again; that's the devastating part. It's not just about cash. You chase that feeling, even though you know the odds. Getting out isn't about preparing to fail, it's about completely changing how you see the whole thing

Reasons could really be neither for just for fun but mostly it would really be just for the money on which it would really be that normal. Tracking up your gambling progress isnt bad or something which is really that recommendable whenever you do gamble because making yourself having no limitations when it comes to spending then you are really just that basically putting up yourself on such big trouble on which we know that it would really be that so damn crucial on making up decisions on what are the steps that you would really be needing to take up. Dont put up yourself or having that kind of approach that you wont really be having no care when it comes to your spending because it will really be becoming that huge problem in the future when everything becomes that uncontrollable.

We do know that when it comes to gambling addiction then it is really that something so hard to get out once addiction would shackled you. This is where most gamblers do really ends up
on messing up their lives just because of that too much involvement with gambling on where spending on the amount on which they cant be able to afford to lose.
Tracking is really something that you would really be needing up to take check every now and then on which you do still in moderation or good control.

I think this one is the best indicator as it shows that the person cares for how much money he lost or won.When the deposits are more than the withdrawals and withdrawals are of low values it is a clear sign that you are doing something wrong.Lately I always withdraw any winnings that I make with the already allocated budget for gambling and if I lose that budget I call it a day and I quit.

This is working well as sometimes when you win you withdraw in continuity when you are hitting a good run,and as such you can enjoy winnings when you have a good day and be careful in bad days to not over do the already allocated budget you have set for gambling.

In gambling, different people exhibit the habit of tracking their gambling process for different reasons and carefully analyzing the reason of my close friends who engage in the tracking of gambling process, I've found out that their reasons are strong enough to keep doing what they're doing. For some of them, they track their gambling process because they want to always want to go back to it and checkmate themselves if they're making progress in gambling or not while others do it for for record keeping sales. I also know the other few who thinks it's absolutely needless for them to track their gambling process because to them, they only engage in gambling just for the fun of the game and not for anything serious.
Personally, I think it's a good idea for a gambler to always track his gambling engagements and if his track records shows that he's always losing more than winning, the best thing to do os to quit the game of gambling or better still improve his gambling strategies.

Because all players are different, maybe someone plays not to have fun, but to test their gambling strategy. In this case, statistics are very important, even if the balance ends up being less than what was originally deposited. But if you play only for entertainment, then it is clear that in this case there is no point in keeping any statistics, or using any kind of application for analytics or statistics. For me personally, winning in gambling is important, even if I understand that this is not done to make money, I want to win, this is an important component of the gameplay that makes me come back again.

for gamblers who don't care about such tracking of course it will not affect the gambler. but if there are gamblers who care about such tracking, I'm sure there will still be more in their accounts that they deposited than they withdrew.
there may be regret when they see these results, gamblers will think they should hold onto their assets rather than risk them. and the results must have made them happy.
but gamblers definitely can't be like that. most of them bet and then forget everything. it is not very important to look at the history of how many assets they have deposited or how much they have withdrawn.

The opinions and statements I conveyed above also point in that direction my friend, I have said that we need to keep records and do not mean checking the number of transactions about winning and losing in our account, but the context and purpose is the same which is to find out how much you lost and how much you won so that you can calculate whether the loss is greater or the victory is greater, the recording I mean is that you record outside of your gambling account in the sense of manually recording for example how many sessions you do in a month and how many sessions you lose along with how many sessions result in victory.

I understand that this is an action that may be quite complicated for some people but I think there is nothing wrong with doing it because the goal leads to the good where we can make the best decision when we know that the amount we lose turns out to be quite a lot, and if for example you think this specification is too complicated to do then maybe you can set the amount of budget allocation on gambling alone, or the point is to set about how much you have to spend in a week or a month to gamble regardless of whether the result is winning or losing, the point is that putting rigor and vigilance is certainly not a problem if for example all these things lead to preventive measures for our own good.

Indeed, this is something we need to pay attention to, when we pay attention to our gambling expenses then maybe the gambling we do won't cause a serious problem, but if we don't pay attention to our gambling expenses then bad things could happen, such as losing large amounts of money. also big. It's a shame if we can't pay attention to our own expenses when gambling, because actually we don't have to gamble excessively because it won't be profitable for sure, even though there is a chance of winning, what will happen more often is losing because losing is a chance. greater than the small chance of winning.

therefore we must be able to allocate money for gambling by adjusting it as best we can, the aim is to avoid big losses due to wins that are uncertain and not certain to be obtained, also when we gamble we must be ready to lose the money we bet, so that it doesn't happen. depositing money back when the gambling carried out ends in defeat. because people or gamblers who are not ready to lose the money they bet on tend to gamble again by depositing their money again when the gambling they do ends in defeat, and we all know that the most likely thing that will happen is losing again, not winning.

Then there is one indicator that you can use for measurement - deposit/withdrawal. Because it does not matter if you win 100 times, when you can withdraw less than deposited. But what is the point of tracking such info? And this indicator turns to be useless for people who deposit to have fun. They pay for fun and they dont care if there is anything left on the balance by the end of a day. As for me, when deposit = spend, as well as lose = spend, such tracking makes no use. I dont measure my gambling as profitable or not, I measure it with I had enough fun or not yet.

Well, for me, having a gambling journal is really important because it may help us measure how much money we spend on gambling, how much time we spend playing, and how it affects our life, whether negatively or positively.  For example, you may observe that you gamble more when anxious or depressed, or when you are alone. Being aware of these tendencies might help you make adjustments in your life to lower your risk of problem gambling. It can also assist you in setting objectives for yourself, such as minimizing the amount of money you spend on gambling each month and making plans for how to avoid gambling since some people may be quite confident in their capacity to stop gambling, while others may find it extremely difficult to quit gambling, but your degree of self efficacy can have a significant impact on whether or not you are able to modify your gambling behaviour.

I guess what we have neglected here to easily track our pattern in gambling is to have an account of our bankroll. Knowing at least how much we won or loss it's the most important thing to do as you can't declare yourself a winner if you win on a certain session but in reality you're overall record is negative.

You can do that on games you think you have a chance on winning in the long run, but for games that are "random" or best refer as luck based games, there's no need to check the pattern as the reality is we all lose in the long run. your pattern only does focus if you gamble based or beyond your budget, so you can correct any mistakes you've done.

What patterns I can identify and build if all rounds are random? If there was at least one constant variable, then it would be possible to try to build a pattern. What can behavior analysis also give, if when I win I am happy, and when I lose I am sad. In addition to this, all gambling sessions happen on random times. For me it is a complete random and I dont know how usage of such info might help me in future.

yeah right! It is also better that we track our expenses when it comes to gambling, especially if it has reached the point where the amount we place is quite large, we also need to limit ourselves especially when it comes to spending money because we may not realize we are overspending it. One of the things I do to track my expenses is that I only have a set amount to use for gambling, in that way we can notice more quickly if we have overspent or not, and above all we need intensive self discipline so that we don't end up being gambling addicts.

Thos is very important for your well being since gambling 8s highly addictive so it activities must be tracked all the time so that the gambler won't become overly involved to the point that he may not notice when he already over doing things.

One of the main way to keep track of your gambling activities is through budgeting and time allotment this way you can easily manage the gambling timing and expenditure because those are the major tool to keep track of the gambling session and your involvement.

Statistics was or is one of my major subjects so I'd have a habit of tracking everything as it progresses if its at all feasible, possible and some help to increasing accuracy on money spent especially.  Often the worst losses are for reasons not understood or followed at all, being careless really costs alot especially if you intend to go back and do the same thing repeatedly.

Its part why I think drinking and gambling can be dangerous, some people can keep track of things anyway and know their limits and other will completely  let go of the reins and end up way worse off just from noticing what they are doing.   Tracking everything will get irritating for some but if its a bad habit for me I think its because it does some good to notice and correct mistakes I might be making or at least avoid in future.

Once addiction hits then it would really be that so damn hard to get out and this is something that you should really be that careful into because if not then you would really be having a tough problem on
getting out on which this one would really be causing up that kind of situation into your life that could mess up when it comes to finances.It would really be just that right that you should really be setting up
some limitations when it comes to spending and when it comes on engagement because once you do lost track then it wouldnt be something that shows up on how much you have lost
and won up. You would really be continuing no matter what because you do believe that you are still on the good side without even trying out to realize that you are already that putting up yourself
into such condition where you are really that spending up too much. Having a habit on tracking your gambling progress is a must because once you do make yourself do missed out on doing
this very basic thing then you are really that that having the risks on losing up in longer run.

Monitoring the way we gamble is one of the best way to help avoid anything like addiction in gambling. If we don't monitor the way we gamble, sometimes we might not know how much we have spent so far in gambling. Monitoring our gambling activities will help to ensure that we know where the money is going and when we are not making profits, we can always adjust and look for a way to balance it. Gambling is like an addiction which we need to follow up. There are people that rarely make profits in gambling and even with that, they would want to gamble more to increase there opportunity of making more money even when it's not so sure.