Topic: Do you think as a gambler we should allocate specific amount to gamble? - page 8. (Read 1034 times)

I use 2% of my weekly income to gamble. It is the same in percentage if you calculate it in month but higher 4 times or slightly more in amount. Sometimes I go up to 5% if I really wish to gamble more. I can not go more than 5%.

I think 1% is good for people but getting less than that would be very little for me.

The money that you are assigning to gambling every month from your income is known as spare money because you can afford to lose it. It is not compulsory that you must assign money to gambling. If you are gambling occasionally, when you want to gamble you can use any amount of money that will not affect your emotions when you lose it. However, if you are the type of gambler that gambles daily or weekly, it is good that you have a gambling budget to help control your gambling activities to limit running at great loss and addiction.

The percentage set is based on Individuals and how much cash flow they have access to, i think setting something around 1% to 5% is some what OK as amount you keep for gambling within a certain period of time and also as for wether it is good to set a percentage on the amount you gamble with is because to avoid over spending while gambling you need such limits to guide you through.

Lastly if you check majority of those that run into debt or even become addicts are those within the cycle of unregulated gambling habits, so for one to stay safe from all of the negative experiences in gambling there must the a limit of what you gamble with.

This post was a little misconception of a fellow user on this section saying that is not a good advise to allocate specific amount to gamble from our monthly income, that is good to gamble with spare money or money not in used.

Okay I was mean to ask this question towards people over here to know and draw different overview from you all to know whether you always have spare fund or money not in use? As a matter of fact I don't have spare money or money not in use and every money is useful to me therefore I have to set some specific amount from my income to use and gamble to maintain a responsible gambling practice and when this money is exhausted I don't go further to alter any other money kept as reserved or cushion/emergency fund otherwise could leads to gambling addiction.

To summarized here; whenever you are gambling with spare money if you don't apply cautiousness you would end up altering your savings in the name of gambling with spare cash or money not in use for other important things. Although if the person is gambling for fun it does matter because any amount wasted is always counted even though you sees it as peanut at least it's a minus (-) to the loser and to their bank account.

I will like to see your different opinion on this misconception maybe let us know how to control gambling addiction if by using spare cash can reduce and limits gambling addiction or not. You can continue the discussion over here if you have made your vote and give your opinion