Topic: Do you keep track of your gambling? how? - page 2. (Read 2280 times)

I find excel spreadsheet very simple and easy to use for that. You can even add a few graphs to make it easier to track gains/losses on a daily, weekly or monthly basis.

Well it is very easy to keep track of your gambling activity by just keeping an eye to your balance.
If your balance is decreased you lose, if it is increased you win. Usually people lose so it is a matter of fact to understand how much money you lose.

This one is a good choice to do especially if you don't want to be stressed or depressed whenever you gamble and lost. Basically, if you aren't playing that much, you can try and weigh whenever you win or lose in a day, then forgetting what happened in that day just carrying the lessons you have learned. This will make you even happier than tracking each and every games by listing it or typing it in any spreadsheet though, it seems like more reasonable and efficient, you might want to choose between becoming reasonable and happy.

I stop for a gambling for a while now, but when I gamble before I set aside the amount I am going to gamble. I don't keep track of it using physical things like notebook, phone etc. It just automatically registers in your mind whenever a gambling day ends. Did I win? or did I just lose. Isn't it normal for all the gamblers?

Anyways, I think I was like that because I only play with a certain amount of money in my hand. I never go beyond. I have this fix amount of money that helps me determine if I win or lose. And nope, I never see it as an investment but I always want to win even if its just an enjoyment.

I salute that kind of approach in gambling as I myself are also trying my journey to be investing with my skills gambling in sports.

If you are serious with gambling or you call it as investment, you need to ensure you have a decent amount of capital that you can use over the duration of your long gambling activity, this is about consistency, success can't be achieve in just a very short period of time especially in skilled based type of games of whatever game you choose.

I see my gambling as an investment and always keep my records whenever I gamble. New gamble always have it capital to enable me track my loss and gains while I proceeds in the game. From past till present, I go through my records on monthly basis to ascertain my level of progress while I re-strategize my movement. This has actually helped me in control of my addiction, though this addiction isn't the type you know on this platform lol.

In any case, tracking statistics is very useful - for example, we can see the actual loss-making of the game and compare it with the “theoretical” one. Over a long distance, these data must match. If this data does not coincide strongly, then there is a chance that the casino is not fair.

Is there a game that actually lets you see the strategy to win based on past matches? I mean, the most you could record is the amount you win and lose, and depending on the game, the number of tries you did. And if you did actually find a pattern, then that's just you literally brute-forcing logic out of something that isn't logical. Calculating your chances of winning? Then don't bother gamblling, cause in a sense, gambling is a game where you throw calculated chances and just leave it to luck. That's basically the reason why a person can become an instant millionaire in just one try.

This is the main reason why you keep track of your gambles. To know how much you've spent, and to control, regulate it and manage it properly in the sense that spending money on gambling would not affect your personal life in any way, mostly in terms of financial management used in your everyday expenses.

I keep looking for my gamble to gamble Because I gamble with my phone I rarely use a laptop. That's why we can easily enter the gambling site wherever we are and easily follow who is betting and how. However, if you do not know too much about gambling the damage is greater I have earned a lot from here That's why I stay active most of the time and try to follow it better.

I've never done this...
I'm not too focused on playing gambling, playing gambling with a small capital on a smartphone to fill free time is my habit, and I think tracking gambling results is not very important. if you are indeed unlucky and do not have the skills then you will still lose despite tracking your gambling results every day IMO.

Tracking such activity can be a great and indispensable tool in terms of financial regulation.

At one time, I used special programs, which greatly simplified tracking. The programs were quite specific and provided for a narrow range of card games.
Nevertheless, I am sure that any recording method will do. Most likely there are even special programs that provide ready-made interfaces for recording your activity, which will have to be done manually, of course.

I like the idea itself in that it is similar in effect to maintaining a budget (income and expenses). This helps to control the money component of your life and not spend money on unnecessary things.

I think your answers are based only play roll games, machines, dice, etc.
Poker is a statistical game and the use of odds, percentage, pot odds, etc., is essential to be a winner. You must know basic data such as ITM, ROI, GDP, BIF, etc.

But as with any game, you cannot be far from statistics, mathematics, and knowing how to interpret this information helps you. In any case, so as not to get too far off topic, it's not really about writing down "I started with + $5 and ended with - $ 10."

It goes far beyond just track and keep that in mind even if you do it just for fun.

Example dice:
One of the common mistakes of those who play 0.25x or 0.1x bets is that they will lose less money or win very little.

But in reality the first thing you should know is how much is your variance in the game (+/-) that you do, check your notes of how many throws you made the last time you played with variance +, for example it can be 60% if you continue with 0.1x you know that any number greater than that% is a good indication to continue playing. That is, the numbers tell you that you can go out with +$ 6 (stack $10)

In reality, Winning players leave nothing to luck, people who want to see results even for entertainment should know some statistics and probabilities.

Maybe an expert does not need to write down, but if you are new, start by carrying some kind of statistic.

But what if you're playing on a gambling game that doesn't require strategy?

It will be nonsense for tracking your winning and losses on a game like dice because even you check your recent matches, it won't do anything. Instead of learning something, it'll make you upset knowing that you've already acquired a lot of losses. But I agree that observation on your recent matches will help you if the game was strategical.

It's true but with cryptos you can't avoid to see your profits and losses since they are written on the blockchain and in your wallet forever. The only way to unsee them is to drop your wallet but it's not recommended.

In my poker plays I always do the freerolls so that in case I win and earn the tokens then I use it to play carefully in the ones that has payments. I make sure that I take note of my winnings in a spreadsheet and also my losses too. If I lost I make sure that I play so that I can cover my loss in the next plays and compute basically so that I can accumulate as little loss and as many wins and profits as possible.

That is correct, because we like to see ourselves to be consistent with that strategy and that we can use it for long term. We can't just say that when we are gambling now and our strategy works, we will conclude that it's gonna work forever, that's wrong, we need to observed it if it would really bring us some consistent win too.

Perhaps I misunderstood you, but I want to clarify - if you do not record, then how do you understand which strategy works and which doesn't? From the point of view of common sense and mathematics, this can only be seen at some distance.

Indeed, because tracking gambling will only make you more frustrated and it will make you depressed and of course it will be bad for yourself, so it would be better not to track the results of gambling because even most gamblers get more losses than wins and by therefore in gambling you only need to focus on winning gambling at the same time but indeed, making the spirit to win what has been lost is also good but not all gamblers can do it.

This is undoubtedly one of the best questions that they can ask you or that you should ask yourself, at some point, if you are the one involved with any type of game where you put money at risk.

Usually when it happens in the first way, that someone asks you, it can happen when you have been playing for many years and maybe you have such bad habits that you are at a player level that you use the term entertainment to justify your losses.
In fact, you do not need to be asked literally in the offline world, you can read it somewhere, as it may well happen to someone with your post. BTW, what can be common for many players, entering a forum and reading, turns out for many perhaps that it never happens.

But the second case is natural for the vast majority, whatever the situation you come into the game for, if you spend any time playing it, you log it somewhere. Although as we know, it is enough to review the history of the game site and that's it.

I did not start in casinos, although technically yes, I started in the world of online gambling with the game of poker and I started playing on one site and for anthropological reasons of the players the challenge was to start from scratch with the freeroll, really the long way, but it helped me to have control of my banking and this is where "maybe" that education is lacking in other types of games such as dice, roulette and a long etcetera, whether you throw the coin, you have to take some kind of control, even if it is mental, so, that yes you do not take it so seriously, if what you do is click, every night before bed and you play with play money, ok!, but if it is real money, the fun of playing with real money for me is to have control, to know what I do, to know how much I lose, how much I earn, how many hours I play, that is the true entertainment and what leads you to enjoy it.

In poker there is a very good documentation that you can apply to any type of bet and what insurance can lead you to true entertainment.
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In my case, I use Holdem manager and reviews the history of the game.

investment? spending hours and hours and not getting ROI in green is undoubtedly a very bad investment, although having fun and enjoying it is undoubtedly a good result, if you have the control.

You are right, as long as if we don't cross our limits there is no need for recording, a gambler will not be in his estimation when he is making a profit and this makes them lose their concentration on their recording. A person who has the dedication to making money will always record each and every gamble he does.