Have You Counted Or Estimate All Your Losses And.... - page 9.

alisonwonder

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Quote from: Naida_BR on November 18, 2019, 06:17:22 AM

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?

I haven't counted the amount of money that I have ever lost.
That mostly happen because when I gamble I place many bets with little amounts of money. This makes me lose counting both the bets and the money used at them.

me too. because in my opinion, when I count the number of my losses, I will focus to avenge the defeat and try to change the value to be plus. also when gambling just for fun, we shouldn't count losses.

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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?

I haven't counted the amount of money that I have ever lost.
That mostly happen because when I gamble I place many bets with little amounts of money. This makes me lose counting both the bets and the money used at them.

Fundamentals Of

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Quote from: TheUltraElite on November 18, 2019, 03:03:41 AM

Quote from: Bitinity on November 17, 2019, 12:46:59 PM

Counting your losses is like a double edge sword. On one side, it can help you to manage/control your bankroll so you wont lose more than your limit but on the other side it can be something like what you have just said. It depends on ourselves imho, as long as we can control ourselves then there will be no pressure for us to win what we lose back.

Counting the losses can help people realize how much money they have been spending on gambling. For responsible and decisive gamblers it is a good method to track balances and modify them if you think you are spending too much.

It is a self-corrective method to control their gambling addiction or possible addiction which can potentially be harmful. Bankroll management is another different topic which is important for those who are placing bets on different market and need to balance how much to bet on each team but again keeping the total bankroll safe.

Keeping a careful track of the money that you wasted through gambling is a good practice. I guess a careful and disciplined gambler should know how to properly account for his losses and winnings. If one is not just gambling for the sake of wasting money because he has so many of them, then one has to know how to do the math.

I admit that I cannot anymore tell whether how much was already lost or whether it was bigger than my winning but I can say with certainty that my losses were not that big enough to cause any significant changes to my life. Everything is tolerable until now.

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Quote from: Bitinity on November 17, 2019, 12:46:59 PM

Counting your losses is like a double edge sword. On one side, it can help you to manage/control your bankroll so you wont lose more than your limit but on the other side it can be something like what you have just said. It depends on ourselves imho, as long as we can control ourselves then there will be no pressure for us to win what we lose back.

Counting the losses can help people realize how much money they have been spending on gambling. For responsible and decisive gamblers it is a good method to track balances and modify them if you think you are spending too much.

It is a self-corrective method to control their gambling addiction or possible addiction which can potentially be harmful. Bankroll management is another different topic which is important for those who are placing bets on different market and need to balance how much to bet on each team but again keeping the total bankroll safe.

akmal1984

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Quote from: coin-investor on November 17, 2019, 09:02:59 AM

I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

So now you really have stopped playing? The crypto that you use to bet whether comes from the money in your savings? Now many gamling sites that provide free crypto for us to play. Why don't you try it? who knows later you can take back your past defeat.
Even if you lose you will not lose anything because it all comes from free coins.

hahay

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Quote from: suzanne5223 on November 17, 2019, 01:01:21 PM

Quote from: coin-investor on November 17, 2019, 09:02:59 AM

I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

I totally support what you said because having some good time usually require spending some fund and I don't see any reason why a gambler has to calculate his losses since the gambler only gambles with the amount he can afford but play daily for a week is something I somehow don't support cause it can lead to addiction.

Anyway, betting small and large amounts in gambling will have an impact too, but the most important of all this is not to make a loss into a motivation to continue betting and even to stop. There are many purposes and objectives in gambling and when we have lost then let it pass and there is no need to estimate the loss because it will only give a negative effect to yourself.

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Quote from: libert19 on November 10, 2019, 11:25:18 PM

I have not, and I have no intentions to do it either, it will just disturb mental peace. One thing though, once you have realized gambling is not worth it, it's better to leave it.

I totally agree with you mate, once we have realized that we have made a mistake, it is the mistake that we should just look at and stop never to do it again and not the things that make up the mistake. I have lots so much money in gambling, and when the time came for me to realize, it was already affecting so many of my things financially till the extent of it affecting my family feeding food.

It was then I realized that it is the high time to stop this before it gets too deep or become a chronic gambler, although the reason why I was gambling was to add more money to the family, but now that I cannot achieve that through gambling, rather than calculating how much that I have lost, I would use that opportunity to just look for further solution and how to go about it.

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Quote from: coin-investor on November 17, 2019, 09:02:59 AM

I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

I totally support what you said because having some good time usually require spending some fund and I don't see any reason why a gambler has to calculate his losses since the gambler only gambles with the amount he can afford but play daily for a week is something I somehow don't support cause it can lead to addiction.

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Quote from: iamsheikhadil on November 17, 2019, 12:27:32 PM

Quote from: bitcoinst on November 17, 2019, 10:29:59 AM

Oo this is a rather awkward topic, personally I am quite passionate, which has repeatedly led to attempts to recoup on my part.
The scenario is very simple, I win, revel in victory, then lose, and from that moment I begin to recoup, and as a rule lose even more. Realizing this, I am finishing the game, thank God I have enough mind for it.

Lol, you better actually not count it, because frankly, counting it makes us take more pressure to win back what we have lost and if we don't count, then we don't have a fear or a burden of responsibility to win back what we lost.

Counting your losses is like a double edge sword. On one side, it can help you to manage/control your bankroll so you wont lose more than your limit but on the other side it can be something like what you have just said. It depends on ourselves imho, as long as we can control ourselves then there will be no pressure for us to win what we lose back.

iamsheikhadil

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Quote from: bitcoinst on November 17, 2019, 10:29:59 AM

Oo this is a rather awkward topic, personally I am quite passionate, which has repeatedly led to attempts to recoup on my part.
The scenario is very simple, I win, revel in victory, then lose, and from that moment I begin to recoup, and as a rule lose even more. Realizing this, I am finishing the game, thank God I have enough mind for it.

Lol, you better actually not count it, because frankly, counting it makes us take more pressure to win back what we have lost and if we don't count, then we don't have a fear or a burden of responsibility to win back what we lost.

bitcoinst

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Oo this is a rather awkward topic, personally I am quite passionate, which has repeatedly led to attempts to recoup on my part.
The scenario is very simple, I win, revel in victory, then lose, and from that moment I begin to recoup, and as a rule lose even more. Realizing this, I am finishing the game, thank God I have enough mind for it.

noormcs5

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Quote from: coin-investor on November 17, 2019, 09:02:59 AM

I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

So this means that you are in the profit in gambling. This is very rare in gambling as most of the gamblers are either in loss or trying to recover their losses. You can further share your strategy on how you play with how much capital and your action plan in case of a loss and a win. Will be helpful for the others.

Triffin

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Quote from: Blackdeath on November 15, 2019, 10:33:09 AM

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?

Yes. I always count and estimate my losses after playing gambling, so I could know if I am going against my limit when it comes to spending my money in gambling because I will be in trouble if I lost all of my money that I can't afford the things that I need, that is why I always bring the only amount of money that I need when I will go at the casino to gamble to avoid losing a lot of money.

If you will play with a limited amount of money, then there is no way to exceed your limits. Even after continuous losses, the total amount wont exceed than what you set earlier. However, if you like going this way, it is also safe because you are keeping track of all the gone money and do not push the amount any further. As far as you r strategy keeps you out of dangers, it is the world’s best strategy for you.

coin-investor

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I'm only playing a small amount but I still need a calculator to estimate all I've lost but on a rough estimate, I think I can buy a brand new motorcycle, I have been playing for quite some time now and sometimes I play daily for a week, this is where I am on leave from my work, but I have no regret, whatsoever, you want to have some good time but you have to pay a price.

mersal

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I will say don't do this if you don't want yourselves get stressed,we all know what we made from the gambling unless we seriously addicted to it and forget all the past happening but as normal gambler calculating the profits or losses will tempt you to play again and again because of you got free money or you actually lost your money.

Oceat

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Quote from: doomistake on November 16, 2019, 02:11:11 PM

Keeping yourself reminded about your losses could be a good thing or a bad thing to you, it depends on how you are going to look at it, because if you do have a record on how much you lost since you've started gambling up to now, it could wear you down and make you lose your confidence (which is a good thing for me) but not for those who decided to keep up for so long then suddenly stop because of too much depression.

But if you don't have any record at it, I could say that you are sailing smoothly, not bothering about the money you have lost or losing, probably because you are playing gambling with moderation and not getting yourself driven by addiction.

We don't need to stress out ourselves to the things that can not be undone because the only way to to succeed is to move forward. No matter how much you lose in gambling as long as you learn each of your mistake, you can improve your strategy by looking at your previous mistakes.

Don't get the idea of chasing losses because it will be a long-term burden and most of the time nobody win back their losses. It's okay to lose, just don't chase but instead try a different approach/strategy.

uray

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Quote from: Kasabus on November 15, 2019, 07:33:41 AM

I am a gambler but I did not regret losing money as I ensure that I only gamble what I can afford to lose.
People will only regret when they go beyond their limit because they loss control and bad consequences happens.

When ever i gamble i think the same and i am gambling with bitcoin for a long time and in the past i never thought it was a big deal but if you take into account and see the figures the amount i lost is really huge considering the price of bitcoin right now. I do not regret when i lost those big amounts but then if you look back it is a huge amount considering the current valuation.

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Keeping yourself reminded about your losses could be a good thing or a bad thing to you, it depends on how you are going to look at it, because if you do have a record on how much you lost since you've started gambling up to now, it could wear you down and make you lose your confidence (which is a good thing for me) but not for those who decided to keep up for so long then suddenly stop because of too much depression.

But if you don't have any record at it, I could say that you are sailing smoothly, not bothering about the money you have lost or losing, probably because you are playing gambling with moderation and not getting yourself driven by addiction.

AliMan

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At first there's no consideration if we're going to loss an amount of money which we didn't expect. When I summarize all money I have wasted since I was going gambling at my local lottery area until now, I probably can buy a low costs housing on that. Without any knowledge on financial literacy, all of us could likely fall on losing such amount of money without knowing it. Our desires to win with gambling, was really frustrating once we encounter more losses in the midst of the pressures.

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Quote from: AniviaBtc on November 16, 2019, 12:41:10 AM

Quote from: DeathAngel on November 09, 2019, 09:08:13 AM

I’m not a massive gambler (as in I don’t gamble with more than I can afford to lose).

Then you don't experience the real thing about gambling. When you suffer losses in gambling, that is the time you will look for a way for you to avoid getting losing. Doing some analysis and investigation about winning more than losing.

We all know that losses are unpredictable, but having strategies can also lessen the risk of losing money. Just limit your bet to your maximum amount that you can.

Is it really matter how massive gambler you are to experience the real thing about gambling? I think it's not. As he said, he didn't gamble with more than he can afford to lose and I think it is just the same with other gamblers. It is not true that he wasn't able to experience the real thing, he experiences losing and winning, he also looks for a way to avoid losses even having small money to play.

Quote from: AniviaBtc on November 16, 2019, 12:41:10 AM

Quote from: DeathAngel on November 09, 2019, 09:08:13 AM

I can probably guarantee you that over the years I am at losses though. I haven’t kept a record of the damage, probably a good thing though Cheesy

Counting all your losses is essential so that every time you lose a certain amount of money, you can retrieve it. You should list it to your note, all the money you've spent. So that when you try to gamble every time, you have an amount to reach for you to win and reclaim all your losses.

Not having a record will lead you to ignore all your losses. When that happens, you are not aware of all the damage you had in gambling.

I don't think it is necessary to list your losses. Well, as for me, as you win is what matters the most. Thinking of your losses will only make you greedy, as long as you win, the past losses will not matter.

Topic: Have You Counted Or Estimate All Your Losses And.... - page 9. (Read 2522 times)