Is There A Time That You Calculated All Your loses In One Year - page 6.

Wakate

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Quote from: boltz on June 09, 2023, 03:59:07 PM

I don't see the reason of why I would do it. I gamble for fun and when I lose it is what it is and nothing can change the outcome. However , if you gamble a lot or if you are high roller , you should have an agenda for sure on how much time you spend and how much money you've lost during that year but overall , will it help you ? The only think that can help you is self control. Grin

I know that I have made quite some bad loses in gambling which had made me to be very careful the way I make bet and go to casinos to bet. I took some decisions that really aid me from spending too much on gambling. It is not easy for us to be making consistent betting and we keep seeing ourselves making loses that could make us to keep asking questions about the strategy we are using and what is wring with us.

I have some friends that always make winnings in betting everytime and sometimes I ask myself why I don't make something Iike that, I realize that most of them are taking serious risk compared to my kind of betting.

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Quote from: boltz on June 09, 2023, 03:59:07 PM

I don't see the reason of why I would do it. I gamble for fun and when I lose it is what it is and nothing can change the outcome. However , if you gamble a lot or if you are high roller , you should have an agenda for sure on how much time you spend and how much money you've lost during that year but overall , will it help you ? The only think that can help you is self control. Grin

Yeah, when you're gambling for fun there isn't any need to calculate the spending. You spend what is been allocated same as what you allocate for entertainment or something else. When you're focused on making income through gambling, then having note of the losses will help you realise how good/bad is your gambling activity. In all means it is the self control that can keep you away from gambling and not the calculated data of win/losses.

dothebeats

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I spend $20 a week on dice for a year, and there are only 4 weeks that I haven't played at all due to personal reasons or due to a busy schedule. In total, that's $960 down the drain that I used for my entertainment, and I'd say that it's something that I'm okay spending compared to when I have a hobby that is quite expensive and needs regular maintenance just to ensure that everything is intact or that I am enjoying it constantly. Also, $960 is something that is quite easy for me to just let go for gambling considering that I don't spend much, and I am saving a lot from my salary anyways so there's that.

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Quote from: goldkingcoiner on June 09, 2023, 05:40:21 PM

It would seem that most people do not actually calculate all their losses in the year. I guess they either have too much money or plainly could not even be bothered. Which is completely fine by me, but speaking for myself, I like to know what is going on in my finances as well as the gambling losses and wins. I find that if you have a strategic and careful mind, you tend to not lose your entire life's savings in a single unlucky day of gambling Grin

But thats just me. I also calculate how much maximum money I decide to gamble with every day. It takes discipline to follow through on your own rules, though. So its not really for everyone.

so you really calculate what's in and out in gambling for you? actually, that's hard if you are playing in different casinos. also, for me - what's the point? you will only feel regret, disappointed, depressed or whatever negative feeling when you see a large chunk of your money was lost into gambling. so i don't bother counting my losses. when i used that money, i considered it as a loss and there's no going back.

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At the beginning days I used to watch the statistics of my gambling activities from the gambling platform provided on request. I never make calculations, and stopped looking for the statistics after a big loss happened. I was in profit for the very first time and I was making bets in $500. This is completely unexpected and I was winning most of the bets. This didn't last for longer time period. Not even for an hour, from there I never look the statistics of my bets. Hope someday I'll have good fund in excess and I'll gamble and watch my win/losses for the year.

goldkingcoiner

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It would seem that most people do not actually calculate all their losses in the year. I guess they either have too much money or plainly could not even be bothered. Which is completely fine by me, but speaking for myself, I like to know what is going on in my finances as well as the gambling losses and wins. I find that if you have a strategic and careful mind, you tend to not lose your entire life's savings in a single unlucky day of gambling Grin

But thats just me. I also calculate how much maximum money I decide to gamble with every day. It takes discipline to follow through on your own rules, though. So its not really for everyone.

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Quote from: aioc on June 09, 2023, 07:45:55 AM

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

This is the most depressing thing to do, you'll be surprised at the amount, I did this 4 years ago on offline number betting and Lottery I kept all the tickets I sometimes win 3rd and 4th prizes but every time I won consolation I increase my tickets I consider this a sign that I will hit the jackpot soon but unfortunately it never happens.

When I count all my losses on numbers and the lottery it's enough to buy a small parcel of a lot and build a bungalow type and we're just renting a room back then.

Again I did it 3 years ago when I become active in online casinos and the amount is also depressing I could have bought a tricycle that I can use for a living.

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.

You are confusing things, you should not have those post-loss calculations, you should have them before, if you lose $1000 or better say if you are going to bet $1000 and lose it, nothing happens, because those thousand dollars is the equivalent of losing $1 in $100 betting equity, or for others using a more rigid loss adjustment is the equivalent of losing on $1000 equity.

1:100 or 1:1000 is one of the ratios that players should expect to bet on. In other words, if you lose $1000 you must have a capital of $100,000 or $1,000,000.

There is that adjust their bet, or in other words, do not use money to bet that you can use for an investment.

There is something called building a bankroll, it is a long and diabolical road, it requires patience and planning, how to think, instead of betting I am going to invest my money in a bungalow, and thanks to the cryptographic casino I can make bets of $0.0001, something that does not exist in a fiat casino, but maybe a bet of $0.01 will work for you and you can have both bet and have a bungalow.

Lucky!

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Only for a month and since then I never did it again and will not likely do it again, there's no purpose in doing this it will just frustrate you and will make you feel guilty.

I will just think that something you've spent on entertainment should not be counted the experience is worth the time and money unless you are gambling to make a profit.

But it's not good to calculate any of your expenses because you have to spend for everything you do that will benefit you so it's basically useless.

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Quote from: boltz on June 09, 2023, 03:59:07 PM

I don't see the reason of why I would do it. I gamble for fun and when I lose it is what it is and nothing can change the outcome. However , if you gamble a lot or if you are high roller , you should have an agenda for sure on how much time you spend and how much money you've lost during that year but overall , will it help you ? The only think that can help you is self control. Grin

It is a good practice to keep tabs of our expenses. It is part of financial management that can help us see whether we are spending too much on certain things. Often times calculating the expenditures and where we spend it can make us realize how much we are wasting on non-valuable activities. By then we can cut the amount we are spending on not so important things and can put future funds in a more beneficial way.

I don't calculate my losses yearly but rather I do it regularly. I keep a tab on how much I am winning and losing every time I engage in gambling activity. I do it regularly so that I can keep myself from gambling if I feel that I am losing too much and come back again after some time when I had recovered the losses from other sources.

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Regarding online gambling, is there really a person who will put an effort to calculate all their losses in a whole year?

I mean, for what? What's the significance of doing that in the first place? Maybe just for the record or something fun? But just imagine the effort it needs, especially for regular gamblers. Aside from that, most gamblers are not playing only on a single site. That was a hassle thing to do.

Aside from that, thinking those losses will just create lots of "if only" in our mind, e.g. I should have a car now, I should have my own house now, etc.

Personally, for me, and no offense to those who are really doing that for real, that is something non-sense for me. No way it can help me in my gambling journey and it might just result in a distraction. Let's focus on current things and take those losses as a reference to become a better gambler managing our bankroll.

klidex

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There is no time to count all my losses that I have risked in both online and offline gambling.
Because I gamble not to count losses or gains but rather to seek pleasure or amuse myself and if one day I get a win, regardless of the amount, I consider it a bonus when it's time to have fun.
Counting losses in gambling will only make you regret it if the goal is to have fun, leave your mind to count again.

kawetsriyanto

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What is your main purpose in gambling?
If the main purpose is to earn money regularly, I can understand if it is needed to calculate the losses or the wins. But as far as I know, the main purpose of gambling should be for fun, so why we should count the losses? The fun can't be measured with the amount of money, it is priceless. So if the purpose is for fun, you won't regret spending the money on gambling. Grin

Well, what we must remember is to limit our money in gambling, it means always allocating the money to use in small amounts and we must be disciplined or commit to the rule (never use money carelessly). If we can gamble in a proper way and have good management to spend money on gambling, I think it is okay. We can't compare the losses and the wins because losses should be more than wins in gambling. If you want to have bigger chances to win, gambling is the right place for you. So, just stop to calculate the losses since it is useless. Wink

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Quote from: aioc on June 09, 2023, 07:45:55 AM

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

This is the most depressing thing to do, you'll be surprised at the amount, I did this 4 years ago on offline number betting and Lottery I kept all the tickets I sometimes win 3rd and 4th prizes but every time I won consolation I increase my tickets I consider this a sign that I will hit the jackpot soon but unfortunately it never happens.

When I count all my losses on numbers and the lottery it's enough to buy a small parcel of a lot and build a bungalow type and we're just renting a room back then.

Again I did it 3 years ago when I become active in online casinos and the amount is also depressing I could have bought a tricycle that I can use for a living.

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.

I'm glad you were able to stop counting your losses and also minimize your bets but at some point, I think counting ones losses also helps us stay in check and cut down our excesses rather than over betting with hopes of a bigger win someday.

I will have to stand on the opinion that people you do well to check their gambling records so as to keep themselves in check and avoid them from over betting.
At the end of the day one should be .among profits and not losses and when the losses gets higher than it should be a must to check back your records and figure what the problem is.

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Sp how much was your loss the last time you calculated it?

Becausemyou said its saddening I Wouldn't try it at all. I have never thought of counting it all actually, I know I lost count of it but I'm not counting anymore because I'll jist regret spending it on casino. If I just play on one casino I think I can easily do it though.

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Quote from: aioc on June 09, 2023, 07:45:55 AM

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

This is the most depressing thing to do, you'll be surprised at the amount, I did this 4 years ago on offline number betting and Lottery I kept all the tickets I sometimes win 3rd and 4th prizes but every time I won consolation I increase my tickets I consider this a sign that I will hit the jackpot soon but unfortunately it never happens.

When I count all my losses on numbers and the lottery it's enough to buy a small parcel of a lot and build a bungalow type and we're just renting a room back then.

Again I did it 3 years ago when I become active in online casinos and the amount is also depressing I could have bought a tricycle that I can use for a living.

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.

Nope., i never intend to count all of my losses for a year because it would really be just creating or giving out that kind of stress which i dont really like to experience.They've always say that having a tracking would really be better so that you would be able to see if you are already spending that much or making yourself aware that you are in negative. Yes, it is recommendable on having a track but since i do make use of the amount which i could afford to lose then it would be no sense on inputting all of those informations specially on having that losses. In my case, im sure that im already that negative which its never been that a good idea on keep on looking back into your track just to prove out that you are already that on the negative side.

It would be always that good to mind off about on having that enjoyment on whatever you do make out bets. Its not really that income generating thing in the first place. Therefore, it isnt really just
that right that you should mind on making profits or income into it. Its for leisure thing and there's no point on tracking up those losses, it would really just give you out some depression if you do know
or aware on how much you have spent on a year. Grin

boltz

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I don't see the reason of why I would do it. I gamble for fun and when I lose it is what it is and nothing can change the outcome. However , if you gamble a lot or if you are high roller , you should have an agenda for sure on how much time you spend and how much money you've lost during that year but overall , will it help you ? The only think that can help you is self control. Grin

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Quote from: aioc on June 09, 2023, 07:45:55 AM

Is There A Time That You Calculated All Your loses In One Year One Online and Offline

Can we loose what we have not yet gotten? Will it be good that I put into consideration the amounts I would have won but ended up loosing, because that will be more painful.

If it just the amount that we lost, people who have a strict gambling budget can easily just know the amount they have invested in gambling without many calculations. Also the amount will not be hurtful because it is what is planned and budgeted to use.

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Well, there are instances I am calculating my losses within a week or month but a year would be thru speculations. Doing the calculation for a year might stress me out so I'm avoiding it as well. Fortunately, my losses are not as big as before because I am able to manage to accept losses whenever I am playing.

Quote from: Ondekinecakabilirim on June 09, 2023, 03:44:15 PM

Quote from: aioc on June 09, 2023, 07:45:55 AM

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.

This description perfectly describes me. I'm just gambling to activate my happiness hormones. As soon as I feel that I have released some dopamine and a little adrenaline, I am happy and I quit the game. Also, I love football. I have been following European and world leagues for many years. It's a hobby for me. I like to bet to make the hobby more exciting. But I always make sure to be aware of my own limitations. I think betting is never a dangerous activity if we know our own limits. And it is always up to us to use it well.

Likewise on my end when I moved into sportsbetting in particular with basketball and boxing. I am just betting to make it more thrilling. Setting limitation should be a must to all players to avoid frustrations no matter what the outcome is. But I'd say the type of gambling game would help you to do so; one reason is the length of time you'd spend in every game. In sportsbetting, you'd consume an hour or more depending on the sports you are into which I guess allows the player gamble for less, in comparison with slots, dicegames and others.

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Quote from: aioc on June 09, 2023, 07:45:55 AM

So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.

This description perfectly describes me. I'm just gambling to activate my happiness hormones. As soon as I feel that I have released some dopamine and a little adrenaline, I am happy and I quit the game. Also, I love football. I have been following European and world leagues for many years. It's a hobby for me. I like to bet to make the hobby more exciting. But I always make sure to be aware of my own limitations. I think betting is never a dangerous activity if we know our own limits. And it is always up to us to use it well.

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Quote from: aioc on June 09, 2023, 07:45:55 AM

~snip~

To be honest, I don't see counting the money I lose from gambling, because most likely such calculations will lead me to a fall in my mood. I think this way - if I control my expenses and don't spend money on gambling that is meant for other things, then I am not abusing gambling. It doesn't really make any difference what kind of entertainment I spend my money on. The main thing is that they bring me pleasure, because we live only once. I'm not going to waste my time on calculations, which in fact will not change anything.

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