Topic: Is There A Time That You Calculated All Your loses In One Year - page 3. (Read 696 times)

In fact, this is actually quite good to do when you are trying to calculate the total deposit that you made into gambling, whether it's online or offline, because we really know how much we spent on gambling, but on the other hand, this will make you regret what you did at that time. other side.
I personally take the second option in this case and don't do any calculations that I spend while I'm gambling.
The reason is simple, I don't want to think too much about the gambling that I have done because this actually makes me have negative thoughts. I always emphasize entertainment and hobbies that I do and I also don't make a big deposit just as entertainment. When it's gone, there's no need to add it to the budget every week/month so I don't want to burden myself with that calculation.

People who have allocated a fixed budget for their gambling activities and those who are good with bookkeeping can actually do something as you suggested, using an excel sheet to keep a count of the losses and wins from each gambling session within a month and then see how you did in that particular month, one can even keep a count of the total budget spent and once that is exhausted, they shouldn't gamble more for that month.

But it is something only responsible gamblers can do because they can control their urge to gamble at any time even if the budget is already out for the month, an irresponsible gambler wouldn't care about that and will probably deposit and gamble more if they have funds at hand.

I used to apply this to every trading and gambling I did in 2021. And i really aggree with you, doing calculations when gambling can limit expenses. Because we can see the nominal every losses and win we experience. Indirectly it can affect psychology to stop or continue to playing when we lose or win. Unfortunately, I didn't continue for a full year, I think only about 2-3 months.

Now counting the losses can affect you in two types. If you count your losses, then you will regret that, if you have saved that much, then it could have helped you in multiple ways. On the other hand, if you count your losses, then you will understand how to manage the risk next time you bet and have good motivation to make more money. So yes it depends on people to people, if they really need to calculate the losses they made. As of my knowledge, I have seen rich people only bet for fun, so they don’t give a damn if they lose big amount.

What I did was not count losses, but calculated how much money I spent in one month on gambling and compared it to how much I got from gambling. By doing that comparison, I will be able to conclude that my gambling activity is profitable or not. This will also help me to see how my strategy is in gambling and which games are profitable for me.

It's too painful if we look at the gambling records because we will find that it turns out that losing money in gambling is more than winning. But surely someone has made a record of their gambling to ensure that they are still on the right path so they can still play gambling whenever they want.

And we must indeed have clear limits when playing gambling so that it will be a reminder for us not to exceed the budget we can afford. I agree to take a break from gambling to release emotional tension after gambling and if you are lucky to win, enjoy it while you can get it.

If a player wants to record all the losses he has gained over the course of a year, it will be even more useful in my opinion if he also records what types of games he often loses so he can make the decision to keep playing that type of game or change to another if he hopes to make a profit.
But I have never counted it and I also don't intend to calculate it, because so far I can still control every gambling activity properly and also really only use money that I really can afford to lose so whatever the result is, it doesn't really matter whether it's for gain or loss.
Because we mostly play at a crypto casino, we can use a special wallet that is only used to make deposits or withdrawals from the casino, so that in history we can know that for the one year, our game is a surplus or a minus, because by recording it manually it will require consistency to record it so that nothing is missed.

It hurts of course, but by calculating these losses we can correct our gambling for a year and how much profit we also get. So that way we have guidelines about boundaries that should not be crossed.
if you only get losses, then you need to consider stopping for a while. if there is still profit then do your best to add to that profit. Gambling really must have good financial management, don't use all the money to gamble it will hurt when you lose it all.

I have no time to calculate my losses its predictable you will have an idea how much you already bet if you stick to your allocation and you also stick to the number of days in a week that you play, and it always hurts if you look back to your losses, there will be a could have instead of bought this reasoning if you decide to count your losses, you always leave it to the past and move on after playing whether you win or lose.

This is what im really that trying out to avoid on which i do really know into my mind that it is really that im really on the negative side but i never intended ever about on calculating because for sure those amounts
would really be that big or something significant and on the time that you would be knowing those numbers then this is the time that you would really be that get depressed and really have those anxiety
about on the amounts that should have been used on other means. This is why its better not to make yourself that wary about such stuffs and just proceed and make yourself that play according into your budget.
As long you arent really that compromising your finances then it should be fine.As long you do treat up gambling for entertainment then it should be fine.
Never ever trying to look back with those loses if you dont really like to get stressed and always having that kind of feeling of regret.

If there are possibilities to do so, then I believe anyone would.
Does anyone really have the time to put down, on account, every penny that leaves through his prior disbursement?? I don't think so..
Is only gonna be possible for peeps that operates with gambling sites that encourages the filing-up of several losses or gains over time...I'm not gonna say I've known a site like that though, but I feel it's actually a nice option any site would wanna improvise on.
Thirdly, it's always good to know the average spendings per year or so... That would actually play a vital role as to when you've a choice - depending on the outcome of your annual extimate - if you're supposed to continue wagering on them games or not..^{I believe no one needs to tell you that it's actually a waste}

Sandra 🧑‍🦰

No wonder you got upset when you did the math. The problem is that it was a large amount if you look at it "at one moment", but you spent this money during the year and they gave you emotions in return. Wasn't it a good deal? If you calculate how much you spend on optional entertainment (such as food, alcohol, cafes, etc.), then the amount will also be impressive, I'm sure. But isn't it worth it? After all, we live to try to have fun and not suffer by limiting ourselves in everything.

^We are the same I also voted no because I did not experience this but I am thinking right now that it has a good benefit to us to count our losses sometimes when we have free time. Probably it will help you understand the financial impact of your gambling activities and provides a realistic assessment of your overall performance. By quantifying your losses, you can gain a clearer picture of your gambling habits and whether you are with your financial goals. This could be by understanding the extent of your losses, you may be motivated to adjust your habit, set limits, or seek assistance if necessary when you think you are in an addiction zone.

What's the point of calculating losses in gambling, unless you plan to quit gambling or save your expenses.
I'm not going to do it, I don't even want to count the winnings. I have to be someone who takes responsibility for what I've done, including gambling. So when I want to calculate losses, then maybe I already want to quit gambling or maybe not spend much money with it anymore.

I currently vote No at your pool, so what's the conclusion?

Have once calculated my loses before and I felt like I was just a failure to myself, I calculated the amount have lost in gambling, I was just thinking if have used the money for another thing it will have being better, but all the money have being wasted. So since then I don’t even disturb myself calculating the amount have spent on gambling so that I won’t end up being depressed, any amount I lose is gone and I don’t have to start making any calculation, it won’t bring back the money that I lost and it won’t solve any of my problem, rather it’s going to add to my problem.

That’s the main problem most gamblers are always having, the more they keep on winning, the more they keep on increasing their bet thinking it’s their lucky day, but they don’t know their is nothing like lucky day, at the end most of them will end up losing everything again. As a gambler we should always know when to stop gambling even if we are winning.

You will think if you didn’t use the money to gamble, you will have achieved a lot if you use the money for other things, but don’t be surprise that even if you don’t use the money to gamble, then you might not be able to achieve those things that you just said, but since you wasted the money on gambling then you will that thinking about different things.

Even if you do that, later when you sum it up and calculate things like yearly or lifetime losses, it makes you feel depressed.
On one hand it's important to keep track of your losses, but on the other, if it only makes you feel bad and disrupts your daily routine, maybe it's better if you don't do it?
I know my loses +/- 20% but i try not to think about it and especially, like OP, thinking what I'd be able to do with the money.

Yes I have made this kind of thing before and even went further than that and added up all the money I spent gambling over the years, and in my particular case the amount is not that high, now some people may argue that you may have spent that amount of money something else, and while that could have been possible, at the same time we need to entertain ourselves from time to time, as it is impossible to just work and save every single dollar that we earn at our jobs.

And this is the problem that happens to most gamblers. yep, they count or remember their losses within a certain time. As a result, without realizing it, we often play just to catch up on losses instead of enjoying the thrill of the game. be it sports gambling, or a type of casino gambling.
Imagine, as you said in this thread. if you do the math, you can buy a tricycle. even though you were very aware before, gambling is entertainment that contains risks in it. but to be honest, I have experienced it in the past, I lost the contents of my savings for 1 year. I spent it at the casino offline, even I still remember what game I was playing at that time. well, if we try to calculate it, you will only get pressured psychologically. because after all, almost 99% of the money that has been lost will not come back to us.

So, what we need to change is the mindset. gamble just for fun without expecting high wins. in particular, on slot machine games. doesn't mean, we let our money just disappear. it's just that, we change our mindset to make gambling a part of fun entertainment. but with conditions, money that can afford to lose and without affecting our finances. That way, you and I can enjoy gambling more relaxedly without being pushed under high pressure.

Honestly, this has never crossed my mind. But now that you have mentioned it, I will go ahead and give it a try. It is part of being a responsible gamble. It shows discipline and responsibility. However, my records would include to wins and losses. I'd do this for 6 months and see what comes out of it.


You may not even be the only one in this ship. If other gamblers do the same thing, they would be amazed at how they have lost and where those lost monies who have gone into that you have made their lives better.

Have a plan, set a gambling budget. Be accountable to someone. If you can't do it, go on self-exclusion.

I don't think it's even a good idea to be counting the losses over time, it may sound to discourage one from gambling seeing the numbers of attempts made and how everything has resulted into loss, though some gamblers may be that good at keep records of every gambling attempts they made for reference purpose but this isn't also a good idea because it has no important use of where necessarily applicable.