Have You Counted Or Estimate All Your Losses And.... - page 4.

BitcoinTurk

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Quote from: robelneo on November 09, 2019, 08:27:48 AM

Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?

No, I didn't feel computational because I didn't gamble too much and I didn't play with a lot of money when I played. Of course, if I make a detailed calculation from the first day to this day, I will surely find a significant amount of loss. I think I have not lost even a total of USD 100 because I haven't played any gambling lately and I have played in very low amounts when I have played. I'm not addicted to gambling, I only play for pleasure at times, so I don't usually lose a lot of money. But there is a fact that every time I play gambling, I lose money.

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Quote from: Slow death on December 30, 2019, 11:12:44 AM

If the person is not counting the losses and win. how the person know if are performing well or not? How the person know that should improve or not? To draw a strategy the person will need to have loss and win data. I particularly whenever I lose try to know where I went wrong and because of that I constantly follow all my losses

If you are playing games with luck based, you don't need to improve anything and strategy since it won't work. I believe people are lazy enough to always write or record their histort of betting since they only focusing how much they can earn on that time

Slow death

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If the person is not counting the losses and win. how the person know if are performing well or not? How the person know that should improve or not? To draw a strategy the person will need to have loss and win data. I particularly whenever I lose try to know where I went wrong and because of that I constantly follow all my losses

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Quote from: Duzter on December 26, 2019, 04:52:59 AM

Quote from: Janation on December 25, 2019, 11:50:36 PM

Quote from: Naida_BR on December 25, 2019, 11:38:36 AM

It is suggested to calculate your gains and losses but most importantly your losses.

This is better if you want to improve yourself, don't focus on losses though.

Just monitor the money you've lost and gained, why would you focus on your losses though? I mean that could affect you as a gambler since you might get desperate on getting back those losses. That is the reason I don't suggest people gamble at all. If you want to risk your money, I'd prefer betting it on the price of Bitcoin or any other cryptocurrencies.

Keeping ourselves up-to-date with the losses and the gains let us know when to start and where to stop the spending. Because, we easily get out of control, sometimes feel emotionally down when there is continued loss on gambling. Now I'm aware about the need of calculated gambling, if I've did it earlier now I could've saved big.

This is a good way to gamble when you know about your lose and profit so you will be able to make better decisions that when to stop and when you spend more on gambling. Don't forget to count your lose or your earning and always keep things updated with yourself. If you feel your loss is bigger than your gain then stop at the moment.

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Estimates still refer to monthly recaps, gambling is not like trading, the gambling system always revolves with analysis and luck, whatever the weekly loss that I experience, is not a problem but must measure it at the end of each month to prepare capital for the following month. Estimates are not always the same, but there is no need to imagine losses that have occurred as long as profits can still be achieved continuously.

Janation

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Quote from: Duzter on December 26, 2019, 04:52:59 AM

Now I'm aware about the need of calculated gambling, if I've did it earlier now I could've saved big.

That is great that you can calculate your losses but it is too late now.

You must continue that and I disagree on how people should've saved big when they did not gamble at all since there are a lot of times that it would not be avoided. Spending your money is inevitable whether you like it or not. If you did not use it in gambling, you might bought other things or maybe invested it on some other things or maybe other people.

barbara44

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I once tried to calculate it but there are few times where I don't remember how much I started with and lost in the end. I normally play with regular amounts so it is usually always around the same number, but I have been gambling for too long so I don't recall the early days and how much I must have lost there.

I know that I have lost over 10 bitcoins in total for the past years but I can't find an exact number since I gambled in plenty of places and not remember all of them plus some don't have data going back too long. Long story short if I kept my money with me instead of gambling it would have been better for me but this is just a fun thing that I try to entertain myself with, if I got 10 bitcoins worth of entertainment out of it then it was totally worth it.

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Quote from: Janation on December 25, 2019, 11:50:36 PM

Quote from: Naida_BR on December 25, 2019, 11:38:36 AM

It is suggested to calculate your gains and losses but most importantly your losses.

This is better if you want to improve yourself, don't focus on losses though.

Just monitor the money you've lost and gained, why would you focus on your losses though? I mean that could affect you as a gambler since you might get desperate on getting back those losses. That is the reason I don't suggest people gamble at all. If you want to risk your money, I'd prefer betting it on the price of Bitcoin or any other cryptocurrencies.

Keeping ourselves up-to-date with the losses and the gains let us know when to start and where to stop the spending. Because, we easily get out of control, sometimes feel emotionally down when there is continued loss on gambling. Now I'm aware about the need of calculated gambling, if I've did it earlier now I could've saved big.

Janation

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Quote from: Naida_BR on December 25, 2019, 11:38:36 AM

It is suggested to calculate your gains and losses but most importantly your losses.

This is better if you want to improve yourself, don't focus on losses though.

Just monitor the money you've lost and gained, why would you focus on your losses though? I mean that could affect you as a gambler since you might get desperate on getting back those losses. That is the reason I don't suggest people gamble at all. If you want to risk your money, I'd prefer betting it on the price of Bitcoin or any other cryptocurrencies.

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Quote from: Finestream on December 25, 2019, 06:54:57 PM

Quote from: Naida_BR on December 25, 2019, 11:38:36 AM

It is suggested to calculate your gains and losses but most importantly your losses.

Both are important, you can't skip one of these, when you calculate both your winning and your loses, you'll be able to know if you are up or down in gambling, and that's make you more realistic with the results of your computation. How would you know if you are losing if you only compute your loses only, what if let's say for example, you win 5 btc Junes this year and you keep losing half btc per month after every month, then you are still up until now without knowing because you are too focus on your monthly losing streak.

That is correct. You cannot make a comparison if you are only computing either your losses or your winnings. You need to compute both to come up with a large complete picture of your gambling expenses and possibly earnings. A big time jackpot prize seems good but it cannot be good unless it is compared to the small yet many losses in the past. A big loss is also bad but it may not be that bad if you compare your huge winnings in the past. So both are important.

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Quote from: Naida_BR on December 25, 2019, 11:38:36 AM

It is suggested to calculate your gains and losses but most importantly your losses.

Both are important, you can't skip one of these, when you calculate both your winning and your loses, you'll be able to know if you are up or down in gambling, and that's make you more realistic with the results of your computation. How would you know if you are losing if you only compute your loses only, what if let's say for example, you win 5 btc Junes this year and you keep losing half btc per month after every month, then you are still up until now without knowing because you are too focus on your monthly losing streak.

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Quote from: Shinpako09 on December 25, 2019, 03:42:41 AM

Before I was calculating all my losses and how much I've earned but now I don't think much about it. It's not that important and I should better focus on winning. It's not good if you're thinking about your losses, your focus will be messed because of emotion. As well as, winnings, you will overthink and will gain too much confident which is also not good. That's why it's recommended not to think too much about your losses or winnings and just focus on your playing.

It is suggested to calculate your gains and losses but most importantly your losses.
That said, you will he able to control the amount of money you are going to bet during a month period let's say. Otherwise you are going to gamble Hughes amounts that may end up you go bankrupt.

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Quote from: Yatsan on December 25, 2019, 02:44:03 AM

If I record all of my loses, I am sure that it will just make me sad. Because casually I am losing a lot of money in gambling one time I receive my salary on my freelance work and bet it all in in just one dice game, right now I am slowly stopping from gambling, so those loses will not going to increase anymore. Just a bit of friendly advice, don't count your loses because that will only make you sad, just think of it as payment for gambling entertainment.

I have the same idea because if we are a gambler for a few years, the money lost and accumulated in gambling is probably very huge and we only need to calculate the loss in the most recent times, that is probably something we never dared to think. Therefore, I strongly agree that we should not estimate our loss, if we have considered gambling as a game of entertainment, consider this a fee for the game, if we still think about the loss every day, we can try to estimate but surely we will panic and never step into gambling again.

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Before I was calculating all my losses and how much I've earned but now I don't think much about it. It's not that important and I should better focus on winning. It's not good if you're thinking about your losses, your focus will be messed because of emotion. As well as, winnings, you will overthink and will gain too much confident which is also not good. That's why it's recommended not to think too much about your losses or winnings and just focus on your playing.

Yatsan

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If I record all of my loses, I am sure that it will just make me sad. Because casually I am losing a lot of money in gambling one time I receive my salary on my freelance work and bet it all in in just one dice game, right now I am slowly stopping from gambling, so those loses will not going to increase anymore. Just a bit of friendly advice, don't count your loses because that will only make you sad, just think of it as payment for gambling entertainment.

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Quote from: peter0425 on December 24, 2019, 01:09:18 AM

that is why we must not record all our expenses and winnings in gambling instead treat this as a extra activities and expenses so we will not have any feeling of recovery because that is why many turns to addiction because of continues willingness to win back those amount they have lose in gambling.i have met some friends doing such and i myself had this before though i am lucky that i manage to pull out myself from being one.

I think I don't record all my expenses and winning because I know that my loss will be bigger than my winning, and I don't want to know how much it is. That can make me feel not good if I know the amount, but I can accept it because I don't use gambling as a way to make money. We need to pull out ourselves from gambling before we are late to realize, and we lose everything

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Quote from: robelneo on November 09, 2019, 08:27:48 AM

Some people are losing $100 daily or $200 a week or $500 a week how about you
Have you counted or estimate all your losses and thought what all your losses could you buy, do you sometimes stop and think on all of this.
I'm not a big gambler but I estimate I could already buy a good class mountain bike with all my losses, how about you?

Nobody with the true spirit of gambling would ever make those analysis as this would only break your spirit and morale placing insane bets which can hit the jackpot at anytime. If you have chosen to be a gambler then you got to study the field in which you play and get to know it like you know the route to your own house because when you finally hit that golden jackpot someday all these pennies that you lost along the way would be forgotten. It's all going to be about feeding on lobsters on a yatch! Cool

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Quote from: peter0425 on December 24, 2019, 01:09:18 AM

Quote from: michellee on December 23, 2019, 11:12:08 PM

Quote from: Golftech on December 23, 2019, 10:30:45 AM

Quote from: michellee on December 23, 2019, 04:31:18 AM

Quote from: Cacingkemi on December 22, 2019, 12:00:05 PM

if I can calculate in detail, how many losses I've experienced in gambling to date might be quite large compared to the profits gained from the games that I have won, therefore I cannot calculate to estimate the losses that I have experienced, of course the losses that I have experienced so far are big enough if they can be calculated from the beginning I gambled.

If you can do that, I think you will be sad if you can know that your losses will bigger than your winning. We will have a passion for recovering our losses so we can play longer than usual, and of course, we will spend more money to try to recover the lost. But if you don't calculate all your losses, then you don't think or never think about how much you lose, and you will still playing without calculating the loses.

That's much better, if you could continue enjoying and not to calculate those loses then proceeding will be easy and smooth, while in the other hands, if you calculate and learned that you have more losing than the amount of your winnings stress will start to remind you about those loses and you'll be finding yourself trying to recover back and instead of being contented you'll start being greedy and keep trying to win more.

We should prevent that stress that can come in any situation even if we calculate our losses, we can think about how we can get the winning. At that time, if we can win the games, we can feel greedy, and we can remember the losses, so that will attract us to play more and more without thinking about how if we get another loss. If we are trying to recover the losses, we will feel difficult because gambling is not an easy way to win the games.

that is why we must not record all our expenses and winnings in gambling instead treat this as a extra activities and expenses so we will not have any feeling of recovery because that is why many turns to addiction because of continues willingness to win back those amount they have lose in gambling.i have met some friends doing such and i myself had this before though i am lucky that i manage to pull out myself from being one.

Forgetting all losses when gambling is a good thing, because if you remember or record how much loss you have experienced, it will have a negative impact.
and when you bet it will trigger you to play with ambition to win because of your previous defeat and if you lose you will never be satisfied before you win it, and things like that will make you a gambling addict because of dissatisfaction and greed wanting to make up for defeat .

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Quote from: michellee on December 23, 2019, 11:12:08 PM

Quote from: Golftech on December 23, 2019, 10:30:45 AM

Quote from: michellee on December 23, 2019, 04:31:18 AM

Quote from: Cacingkemi on December 22, 2019, 12:00:05 PM

if I can calculate in detail, how many losses I've experienced in gambling to date might be quite large compared to the profits gained from the games that I have won, therefore I cannot calculate to estimate the losses that I have experienced, of course the losses that I have experienced so far are big enough if they can be calculated from the beginning I gambled.

If you can do that, I think you will be sad if you can know that your losses will bigger than your winning. We will have a passion for recovering our losses so we can play longer than usual, and of course, we will spend more money to try to recover the lost. But if you don't calculate all your losses, then you don't think or never think about how much you lose, and you will still playing without calculating the loses.

That's much better, if you could continue enjoying and not to calculate those loses then proceeding will be easy and smooth, while in the other hands, if you calculate and learned that you have more losing than the amount of your winnings stress will start to remind you about those loses and you'll be finding yourself trying to recover back and instead of being contented you'll start being greedy and keep trying to win more.

We should prevent that stress that can come in any situation even if we calculate our losses, we can think about how we can get the winning. At that time, if we can win the games, we can feel greedy, and we can remember the losses, so that will attract us to play more and more without thinking about how if we get another loss. If we are trying to recover the losses, we will feel difficult because gambling is not an easy way to win the games.

that is why we must not record all our expenses and winnings in gambling instead treat this as a extra activities and expenses so we will not have any feeling of recovery because that is why many turns to addiction because of continues willingness to win back those amount they have lose in gambling.i have met some friends doing such and i myself had this before though i am lucky that i manage to pull out myself from being one.

michellee

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Quote from: Golftech on December 23, 2019, 10:30:45 AM

Quote from: michellee on December 23, 2019, 04:31:18 AM

Quote from: Cacingkemi on December 22, 2019, 12:00:05 PM

if I can calculate in detail, how many losses I've experienced in gambling to date might be quite large compared to the profits gained from the games that I have won, therefore I cannot calculate to estimate the losses that I have experienced, of course the losses that I have experienced so far are big enough if they can be calculated from the beginning I gambled.

If you can do that, I think you will be sad if you can know that your losses will bigger than your winning. We will have a passion for recovering our losses so we can play longer than usual, and of course, we will spend more money to try to recover the lost. But if you don't calculate all your losses, then you don't think or never think about how much you lose, and you will still playing without calculating the loses.

That's much better, if you could continue enjoying and not to calculate those loses then proceeding will be easy and smooth, while in the other hands, if you calculate and learned that you have more losing than the amount of your winnings stress will start to remind you about those loses and you'll be finding yourself trying to recover back and instead of being contented you'll start being greedy and keep trying to win more.

We should prevent that stress that can come in any situation even if we calculate our losses, we can think about how we can get the winning. At that time, if we can win the games, we can feel greedy, and we can remember the losses, so that will attract us to play more and more without thinking about how if we get another loss. If we are trying to recover the losses, we will feel difficult because gambling is not an easy way to win the games.

Topic: Have You Counted Or Estimate All Your Losses And.... - page 4. (Read 2522 times)