Topic: Is There A Time That You Calculated All Your loses In One Year - page 7. (Read 724 times)

i never really keep track of how much i lose or gain or lose on my bets each year because i gamble just for fun while supporting some of my favorite sports teams ^{(i don't really like playing slots and dice)}, the first thing that i was afraid of when i did that ^{(counting my losses and profits every year)} was a trauma for me, and for sure it would have a bad impact on my future gambling, besides that, my energy will definitely be wasted because i keep thinking about the losses that i generate every year.

Well, when I play in a casino, I intend to keep track of my winnings and losses for a certain period of time.  I always look at my cashflows every quarter.  I am only engage in gambling online so it is quite easy to know whether I am on a positive or not.  Lucky, I have not lost that much since my activity is limited to the 20% of my monthly income.  Even with series of losses, one big win can often time offset the losses and have my cashflow in positive.  I hate buying lottery ticket since I always think that it is only a waste of time and money especially when the line is always long.

in my case, as I see gambling as fun, so I don't keep seeing the statistics of my victories and my losses, because it doesn't make much sense for me to keep seeing that, if I was looking for profits then I could keep monitoring the losses and profits. now I ask myself: how many people look at these numbers and have more wins than losses and more profits than losses? because when dealing with gambling, thinking of something like profit is undoubtedly a big mistake, the person starts to put more money in the casino and loses and every time he loses all his bankroll, the person makes more deposits in the casino

the person will continue to believe that with another strategy it will be possible to make a profit, but again he will lose all his bankroll, but he will still make another deposit. unfortunately things will get out of control of that person and he will start to get addicted to gambling, he will sell everything he has to keep playing, he will isolate himself, he will go into depression... look at gambling as a means of obtaining profits It's a big mistake, that's why I don't see my stats, I just play for fun and obviously I've been losing a lot, but I always put little money just for fun, even when I lose I don't get angry or sad, the amount I bet is very small and I place bets sometimes

There are very few people who gamble for fun and to entertain themselves, but the vast majority do it for money. Gambling is only really fun if you can be responsible with it, but when you can't do that you're going to be in for trouble and all kinds of trouble. This is why all casinos ask their customers to gamble responsibly and recognize some problems from gambling, but many customers fail to understand this because they do not control themselves properly or may ignore advice.

OP, your question, I didn't do it even up to this second.

Do it only to entertain yourself. That's what I keep thinking in gambling.
If you calculate the amount of budgeting that has been spent on gambling, then the results of the calculation will come out with our final statement as gamblers losing 2/1.

"There is no pretty ending in gambling", it is a sentence that is not foreign to anyone who is involved in gambling. So why don't they stop gambling, maybe they have come up with a good plan. This means that not all the money earned from work is for gambling, but only a small portion is intended to entertain or have fun so that fatigue during work can be lost.

What's the point of calculating losses when it's not important and will only stress you out after seeing all the total losses then you compare if the money is in your hands with being able to buy anything, so I don't think this needs to be done even if you're curious.

Gambling means we are ready to lose, so enjoy the fun and thrill that you have from each game rather than looking back with so many losses, but I also always minimize bets to stay awake with the available bankroll because I don't want to go overboard and imposing in gambling.

I stopped counting losses since it gives me frustrations and makes me feel sad. I don't want to feel regret because I also have losses but I want to take it as a charge to experience and reminder for myself not to extend my losses by adding more money to deposit. I don't know to others but this is my own perspective and I don't want to make myself suffer more because of this.

Yeah, I did this before and that's not crypto gambling because it's not yet in existence so those were like pure neighborhood gambling houses and mini casinos during those times.
 
It's like a decade ago when I've done but I have never done that again after that. It's painful as it may seem but if you need to have some knock of reality then all you need to do is to calculate how much you've lost.

You'll get to see the regret on your face when you do that on why you've gambled and why you have counted everything.

There were times when I tried accounting for all my gambling winnings and losses. I made it per casino which makes it easier to assess my performance. Most of the time I am just a little winning and losing so it's like a break-even. Luckily, I never tried accounting for my gambling expenses when I increased my daily betting budget which ended up losing most of the time.

Nowadays I am only betting in small amounts for the sake of betting, which still makes the games exciting to watch. The most important thing in gambling is for us to be responsible enough. This way we are entertained rather than stressed.

Actually, I don't count my loss because it will depress me just like OP said.  When I took gambling as a daily thing those days,I do have more loss than my wins. Later I realized that I am spending so much on gambling and I decided to control myself but limiting the time I gamble in a week and I don't do it frequently anymore. Presently,I set a certain amount from my monthly income for gambling and I have the duration of time that I gamble even though I am winning or not,the moment the time elapse,I do stop. So what I do is this I do calculate how much I will be using for gambling monthly and multiply it by twelve. If I see that the money is much,I will reduce it a little,and this is how I set my gambling funds for the year. I don't count my losses anymore,instead I set a fixed amount,which makes me know how much I will be putting into gamble annually.

If I count the number of losses I've lost in gambling while I was doing it, it's like picking up old wounds, Lol. If we do that and it can get us to stop gambling, then that's great, but I haven't thought about stopping gambling yet.
I don't regret what I spent while I was gambling, so I didn't think about calculating the total amount of losses. Actually I don't need to count the whole thing, because when I think back on how many times I played in a month, it will show more statistics of losing than winning. So for now I don't think to count from the start I gamble.

That's gambling and in the end we always regret the decisions that have been made. Experience has taught you that gambling must also be seen as we are capable of being responsible and not how much money we have spent.

Counting losses is also a good idea to have a little awareness when you gamble, but not everyone tries to count money as expenses they have put into gambling. In this case, counting losses is not the same as chasing wins, meaning that most people think that when they experience defeat at gambling, they will continue to chase victory at the next gambling.

When you gamble just for fun then calculating losses is not important at all because we gamble only for fun and only to enjoy the thrill, although some people think it is important to calculate losses. Ideally, if you are an active gambler, then set aside a special budget for gambling so you don't have to calculate the losses you get and just think of it as money spent on entertainment and fun.

I do not think that I have the time to calculate all the profits and loss due to the fact that most of my gambling activities were done impulsively. Though this may be the case, I think that being aware of your profits vs losses ratio is a better way to control your habits in the event that you are addicted to gambling.

Like what most have mentioned, practice being a responsible person by managing your affairs and expenditures. View gambling as a source of entertainment; and not a money-making venture. If you view it as the latter, then expect that you would experience more losses than profits, as compared to the general gambler.

Voted for NO because I do not need or I do not want to calculate my overall gambling statistic.
Although there are some casinos that provide the feature to calculate our gambling stats, I prefer to avoid it.
I just do not want to regret what I have done if the overall statistic is a huge loss, so I prefer to avoid calculating my overall statistic.
I would prefer to use a limit for my every gambling session or set a limit how much I can spend in weekly or monthly basis.

No, I don't want to wind up regretting my prior choices. I might just be chasing them to figure out my overall losses. It won't benefit me in any way, I believe. Instead of concentrating on what I have lost, I would like to view my overall winning profits because doing so will simply make me feel bad, which could influence how I play in the future.
Always seeing the total number of our losses might affect our emotional stability so instead of figuring out our losses, it will be better to focus on how we could generate a better profit along with how we control and discipline ourselves in gambling. We should move on from our losses and just see them as a lesson for us to be better in our future gambling journey. We will not grow if we will just continuously chase them.

Sure i have, with trading and gambling. It can be depressing, but also eye opening as that money and small bets adds up. Good thing about this is it usually forces you to make plans and a budget.
And next time you'll do it you might even pleasantly surprised that your expenses have been managed. That is if you are on loss. If you are winning, you'll be pleasantly surprised anyway.

I totally understand the impulse of stop counting totally, but to me it's like pretending everything is going to be different without making any changes.

No, Never, Please No....  This is the most painful things to do and you will just yourself by doing this. Most of us here learn to self control and gamble responsibly after learning the hard way. I personally loss huge amount of money on my crypto assets as well as my monthly salary way back when I'm still aggressive on gambling during my newbie days. I thought that I can beat the house by playing blackjack and sportbook but I'm always ended up losing it all when my temper is already bad.

Nevertheless, it's not a wise decision to look back on your previous mistakes especially if that amount is already significant with the current value of your crypto.

Calculating all the losses in one year will make you regret the money you have spent betting Online or Offline. If you feel you have spent a lot of money on betting, start allocating special funds from the monthly salary you get from your job. The money you spend doesn't need to be counted or remembered anymore, let's just say that the money doesn't belong to you and you have gotten satisfaction from betting or playing slots even though you haven't got the jackpot.
Budgeting special funds is part of financial management arrangements that will be used in several posts, if you are still comparing with something that can be bought with the money that has been spent, it is better that the money is in the savings rather than having fun in the casino.

Counting losses in one year at the casino, then we will regret seeing how much money was spent playing while it is pointless to count and can only imagine or regret it with large numbers.
So I don't make any calculations, including winning or losing in gambling, everything is left alone because I will consider this as fun, I can't remember what was the previous defeat.
I think counting in one year will not make us self-aware of stopping gambling but at least by not counting previous losses it doesn't become a concern when there are regrets.

Perhaps online, you can look at your betting history, but as far as offline goes, like going to traditional based casinos, it's hard to calculate it. Unless you religiously write it down when you go home, win or lose.


I know, because I have done that before, I even look at the bitcoins that I have deposited in just one crypto casinos that I played and the amount. I was just thinking that if I just hold on it and wait for the bull run in 2021, I could have just profited big. And still this day, still haunts me when I remember it. But as gamblers, we should move on with that and learn from that big and expensive mistakes.