Do you keep a record of winnings and losses in gambling? - page 8.

Crypt0Gore

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

Waste of time? That's not how I see this, keeping record can trigger you emotions, it's two ways, either it makes you feel like you are wasting your money or it enraged you into thinking that you are not doing enough.

Mostly I believe it will make you feel like you are wasting money, because a little drop of water makes a mighty ocean, even if you are using small amount to gamble, time will fly by and when you look back its possible you won't like what you will see.

I don't feel like keeping record because it can hinder the way I feel when gambling, if you want to quit gambling all you need is keep your record, you will understand how thinly the chances of winning is in gambling, so don't keep records, just stick to a certain amount and keep taking risks, you don't even have to gamble everyday, only do it when you have the money.

Blitzboy

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Records? They seem essential to me. How else would you evaluate your gambling behavior, decisions, and results? I dont consider it time wasted. Holding oneself accountable is what it is. Is game enjoyment more important than ignorance's risks? The solution is obvious to me.

Enjoyment and duty should coexist. Gambling is thrilling and unpredictable, but isnt it also about strategy, comprehension, and judgment? Those who dont keep records may miss game depth analysis. Why ignore such a crucial game element? Why not accept gambling's many layers?

Nrcewker

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I store them on a temporary basis. As if I make huge losses, then I have to also cover up or recover the funds also right. This helps me to manage my funds more efficiently. In this manner I am also able to do the proper risk management of the funds. I don’t store it for long time, on a weekly basis I do this and then try to avoid many losses. Many big gamblers didn’t do this, but for hardworking people like me, we are bound to keep track of each and everything.

moneystery

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

maybe people will have different opinions on this, however, i'm not someone who records my wins and losses because i think it's not important and reduces the fun of playing. i just play and let luck determine how it turns out and that's much more fun than writing it all down and just adding to the burden on my mind.

Reatim

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

There is no reason why I need to keep records when all the money I spent or lose in gambling are the amount that I literally willing to risk and lose?
though this is good for our monthly accounting I think we must understand that gambling money must be our excess only.
meaning that only the amount that we don't really need for daily living , because if you are deducting funds from your daily need just to try your luck in gambling to double or multiplied then you are doing it wrong.
because the moment you lose, then you will keep seeking to win back and that will be the beginning of chasing losses that ending many gamblers turns addicted.
just try enjoying the game mate and try not to spend more in each gaming so you won't feel bad when done.
also another thing that I have seen other threads that has this same meaning , maybe its time to just check other threads and continue the discussion there.

krishnaverma

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Quote from: Odohu on October 25, 2023, 04:56:15 AM

Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

The company I register with have a nice record of this and that is more than enough. Through their platform, you can see your gambling records on daily, weekly and even monthly basis. There is also the flexibility of choosing a period and the records will be displayed, showing individual bets played, total won and total amount lost for the period chosen.

That is really a cool feature in my opinion. Can you disclose the name of the company?

ralle14

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I used to do it, but not anymore because I sometimes forget to track a couple of bets until they stack up to a hundred. It was helpful at the start so I could keep myself under control after a few losses and then I got a bit lazy as my betting went on through the year.

If you lose your bankroll too quickly and gamble again the next day, it might feel like a chore and even a waste of time because gamblers don't always look back at the mistakes they've made from their previous bets.

Westinhome

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

It’s better to keep the record of your loss and win in the notepad or he can note down in the dairy.Some people will think this as the waste of time,but the fact is this will save your time in gambling.Mostly the gambling sites follow the certain type of pattern,if you find the pattern by recording of complete game in your note pad.This surely help the gambler for big win one day.The gambler should wait for his time of winning,anything can be happened in the gambling.Either you made the big win in the gambling or big loss based on your luck in the gambling.You should create your own strategy for the gambling to make good win.

Nwada001

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I engaged in a similar topic not long ago here on this board. If I can recall correctly, I'm in support of someone always trying to keep a good record of their gambling behaviour, no matter the amount used to amble. A pproper documentation for it should be taken note of, although a lot of people have different opinions, and this is just a little part of my own personal opinion.

If I'm to have a budget of my expenses and gambling is not excluded from those expenses that I make provision for, why then will I not also make it necessary to give an account of how the allocated gambling funds were used, in order to know how well and how much should be allocated next time, or if the allowance should be reduced or cut off due to it not being fruitful? I can also, from such a record, examine and know if I was truly gambling for fun or if I was just chasing big odds and wagering a large amount in order to get large returns?

Josefjix

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Quote from: maydna on October 25, 2023, 05:08:41 PM

I don't need to keep records of my wins and losses because I can find them easily on the casino sites I use to gamble. So I don't need to do it or make records offline. This can make me trigger the desire to recover the losses I previously incurred. Instead of enjoying gambling as entertainment, I can go back to trying to recover the losses I experienced, which means the possibility of me losing will be even greater. And I don't want that to happen, especially since I'm trying to reduce the losses I previously lost.

The best decision I would advise one to do is totally subtracting anyone in the space. There's basically this thing that ought to be corrected within gamblers. They always come across one or two records that brings back sad and terrible memories which would have been left unsaid. It's fundamentally of no use to me because I clearly see no reason why we should be keeping records of our winning and losses, it will only bring back old memories which might persuaded one to take drastic decision for the purpose to bounce back to the system.

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I don't. I did take note of big losses in the past when I was starting out. See gambling for me, just like for any other, started out as something of a way to get a quick buck. This was why I was so scared of betting high amounts and instead went for higher odds instead. Naturally that made me go into a big loss streak most of the time so I tended to bet big every once in a while, which I took note of.

Gradually I became numb to it and started realizing what kind of dumb mindset I had with gambling, so I just started enjoying it instead of minding the possible profits. Ofc my goal is still to win, but if I lose, then it is what it is. I see no need to get stuck up with it.

maydna

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I don't need to keep records of my wins and losses because I can find them easily on the casino sites I use to gamble. So I don't need to do it or make records offline. This can make me trigger the desire to recover the losses I previously incurred. Instead of enjoying gambling as entertainment, I can go back to trying to recover the losses I experienced, which means the possibility of me losing will be even greater. And I don't want that to happen, especially since I'm trying to reduce the losses I previously lost.

goaldigger

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

Yes before when its my First Month in the gambling but after realizing that I’m too focused with the money, I decided to stop it and the rest is history. If you really want to know how much money you’ve already loss in gambling then do this, and be ready for disappointment because for sure, you lose more than what you actually make.

Sandra_hakeem

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Quote from: krishnaverma on October 25, 2023, 03:31:44 AM

Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?

I think it's actually advisable to keep record of whatever you do... In a case of gambling addiction, it may help to curb the frequency in wagering and reduce staking power... Cus you wouldn't wanna continue wagering heavily like before when you're able to sum up your total stakes per month...lol
Secondly, keeping records may also contradict the said point above in a bad way - it all depends on which on is being kept... Some good gambling records may end up giving fake hopes.

Sandra 🧑‍🦰

RockBell

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Quote from: Casdinyard on October 25, 2023, 04:15:54 PM

I let my gambling site do that for me. Most of them have this thing called "accounting portal" anyway where they will tally all your bets and how they went. From wins, to losses. The same could be said for when I bet in sports, I only ever work with sportsbet sites that offer this. Cause collecting wins and losses data is actually important to my gambling strategy (win 3 go home, lose 3 go home as well), so I always have to check if I have reached my threshold already. Plus I don't gamble as often as I did in the past anymore, so it's slowly becoming less of a big deal to me but I still go for it regardless cause why not? It's always better to come prepared than be empty-handed when you actually need it.

Keeping most of this records might just annoy you losing money is annoying but if its a win the person will definitely use the history of wins to brag, but sharing your lose will just worsen the whole situation and make you look irresponsible, but once the record are only kept in your gambling history on their site it won't really bother you that much since only the player has access to it. To reduce the shameful lost. And in addition to what you said the data is useful help in term of strategies and also be help to the company since they will be able to present the number of people winning and losing annually.

The interesting part of it all is that history will be on there data base and you can have access to it any time any day, and always show people if you want to show maybe has a reference to people.

passwordnow

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Quote from: Casdinyard on October 25, 2023, 04:15:54 PM

I let my gambling site do that for me.

Yeah, that's the purpose why they have records of history of our bets in there. That's technology and that's making our lives easier thanks to that feature of theirs and we can save time from doing so. I don't keep track of my gambling anymore whichever the result is. I mostly remember the wins that I get but I forget the amount that I am losing and I think that is a normal reaction for everyone whenever we're up to gamble.

Quote from: Agbamoni on October 25, 2023, 04:07:28 PM

Depending on wat devices you use to place your bet.

Why so? Is it easier to record it whenever you are at your desktop or laptop or not with your phone? Regardless of that, it's easy to record with the use of any device and I think some people do have their own paper copy and writes it off on their papers for the sake of recording it. Just like the people that have been meticulous with their records, that's how important it is to them but for us that don't record it, that's okay, we keep records history on the casinos we're doing it. So whichever you're comfortable with and what you think is right for you for your own references, you can keep it.

Frankolala

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Since I don't gamble for profit and gambling is not a business, I don't keep record on the funds I use to bet and how much that I have won. I already have the amount that I set aside every week that I so gamble with and that calculation is enough for me to use to know how much I spend on gambling weekly.

Taking record will be a waste of time as I see it as irrelevant and not necessary. Gambling should be done for fun and one should only gamble with the amount that he can afford to lose, with this principle, there will be no need to record keeping, because it is just like someone that gives his son money to buy candy everyday.

Casdinyard

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I let my gambling site do that for me. Most of them have this thing called "accounting portal" anyway where they will tally all your bets and how they went. From wins, to losses. The same could be said for when I bet in sports, I only ever work with sportsbet sites that offer this. Cause collecting wins and losses data is actually important to my gambling strategy (win 3 go home, lose 3 go home as well), so I always have to check if I have reached my threshold already. Plus I don't gamble as often as I did in the past anymore, so it's slowly becoming less of a big deal to me but I still go for it regardless cause why not? It's always better to come prepared than be empty-handed when you actually need it.

Agbamoni

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Fine by Time

Depending on wat devices you use to place your bet. Most persons use their betting site they belong to place their bet. And this betting site has the history of all the number of wins and losses so far. So, there is no point for me to start keeping note of my winning and losses when that site is there for me. Yes, most time I do go to check if I have more wins than my loss to know if I should continue betting and sometimes, I find out that am still winning. Record keeping is good, but it doesn't count much in betting. Once you check your history and see you can't continue again with the number of losses so far then its best you stop and plan well so that you won't finish all the money you have deposited in your betting account.

Agbamoni

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Fine by Time

Depending on wat devices you use to place your bet. Most persons use their betting site they belong to place their bet. And this betting site has the history of all the number of wins and losses so far. So, there is no point for me to start keeping note of my winning and losses when that site is there for me. Yes, most time I do go to check if I have more wins than my loss to know if I should continue betting and sometimes, I find out that am still winning. Record keeping is good, but it doesn't count much in betting. Once you check your history and see you can't continue again with the number of losses so far then its best you stop and plan well so that you won't finish all the money you have deposited in your betting account.

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