Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling - page 9.

joshy23

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Quote from: sheenshane on February 26, 2020, 11:13:55 PM

This is a big no for me. And I'm sure no-one would do this in gambling. Gambling is not a business, no need to take down notes. Keeping a record of your losses would only result in frustration and urge to recover the losses. Never a good idea.

Instead, stop without any reason. Stop as it is necessary. If you felt that you've lost enough cash and some assets for your vice, then stop directly without looking for any options to quit it just to justify and to keep your gambling. No more last bets and no more resolutions and just stop, that is the solution. You should make sure to avoid the addiction to gambling. It will never be healthy. But gambling is for fun should be the thing.

Stop freely that is better, controlling your self will is in need for you to stop this activity, keeping records of your losses is indeed will only urge you to try playing back and recover, most of the time it's your own determination to stop that will lead you to quit away from this business. No matter how good you keep any reference of your previous games without a self will nothing will change.

sheenshane

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This is a big no for me. And I'm sure no-one would do this in gambling. Gambling is not a business, no need to take down notes. Keeping a record of your losses would only result in frustration and urge to recover the losses. Never a good idea.

Instead, stop without any reason. Stop as it is necessary. If you felt that you've lost enough cash and some assets for your vice, then stop directly without looking for any options to quit it just to justify and to keep your gambling. No more last bets and no more resolutions and just stop, that is the solution. You should make sure to avoid the addiction to gambling. It will never be healthy. But gambling is for fun should be the thing.

Latviand

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More like tracking your loses right? But I would prefer setting a limit to lose within a day of gambling. This is my scheme to not lose that much but it is not that easy. One should still have self control at the end of the day because if greed would be superior, limits will not be followed. Good thing is that I am able to stop playing despite of thr loss as long as the amount is just as how much the limit I have set.

Quote from: Baby Dragon on February 26, 2020, 06:20:26 PM

It depends on a gambler's mindsets, maybe it would help but if they are addicted then they will surely disregard the fact that it affects their assets negatively. The problem is even if they have done that but they don't open their minds for realization then it won't work. Personally, I don't do any record with regards to my gambling expenses because I only use my extra cash, but my experiences makes me realize that I need to understand my limits. I experience playing without knowing my limitation which makes me lose some of my funds and my situation that time makes me realized that I should stop it, because it can affect my way of thinking and even my life. It makes me realized that if I gamble, then I should have self-discipline and limitation because it will guide me on handling myself properly.

Gambling addiction is another thing and no strategies would be effective if the person himself won't follow such routine. Self control would be the bottomline in order for one person, gambler to be more specific, to not let himself be dragged down by addiction and frustrations.

Quote from: goinmerry on February 26, 2020, 06:12:21 PM

Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

I'm seeing another way around.

If gamblers will record all of their losses and realized that those amounts can now buy an expensive thing they want, it will just lead to more gambling activity to chase those losses since they regretted losing it. They will now have a target to get back those losses and will decide to stop once they achieved it although it's impossible as there is no way they can recover all their losses easily.

And I don't see the essence of computing all my losses. Instead, I will more be focused on improving my strategy to maintain winnings.

Realization is the ideal outcome of this method. Recording your losses would help a gambler reflect to how much money he have "wasted" and that he should have used it to a more necessary thing. But one person won't realize that if he is that much into the activity. Also, there is also a possibility that if a gambler who is addicted into gambling, saw his losses, it might give an urge to regain the loss which can yield to bigger loss.

maydna

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Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

For people who want to know how much money they already been used in gambling, that record will help them to calculate their winning and losing. They can know if gambling games can help them to make money or even losing money. But for people who don't use gambling as a way to make money, they will not have to make or keep the record because that will no use to them except they will only see the money amount that they already used for playing gambling.

The money that we spent on gambling can be used for another thing, and as the OP said, that money can be used to buy a motorbike, or we can use to invest in another thing. The record will give us some image of how big the money that we use in gambling.

carlisle1

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Quote from: Tipstar on February 26, 2020, 12:01:40 PM

I think it's better to forget your losses than to keep a record of it. I don't have an exact one but I do have a tentative loss of about 0.2 BTC in gambling in the last couple of years.

that is what you spend in online gambling mate,what about the amount spend outside the internet?i means in gambling places like casinos or gaming with friends in real?haven't you estimated also?

Quote from: Tipstar on February 26, 2020, 12:01:40 PM

And everytime I think of that, I tend to bet more to recover my loss. And even though I have small wins now and then, I don't keep a record of that and stick with the figure of 0.2BTC.

you are targeting to win it back mate?is this what you mean here?or i did miss one?though yeah i support that to not recording the losses instead forget it if you really want to enjoy gambling.

Darker45

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Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

No. A gambler has a gambler's mind. I cannot speak for everyone, of course, but I don't think there are many gamblers who will look back at the money they've lost in gambling, feel sorry for it, and call it quits.

Well, how I wish gamblers have this mindset. But, just as chain-smokers do not look back and compute the money they've wasted on cigarettes and decided to end the vice altogether, majority perhaps of the gamblers wouldn't cry over spilled milk. They had, after all, fun and a chance to win and multiply their bets.

The older the gambler gets, the harder for him/her to quit. We have this local idiom taas na ang lubi, which means it's too late to quit or one has already spent big for something there is no point turning back or stopping this late.

stomachgrowls

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Quote from: DarkDays on February 26, 2020, 05:51:03 PM

Quote from: leowonderful on February 26, 2020, 05:47:47 PM

Not a bad suggestion. A lot of people snap out of bad habits when they can see the numbers and the effect of what they've been doing, and this isn't much different. I actually did something very similar to this when I would waste money on unnecessary spending about two years ago, and this largely made me change my spending habits as a whole and helped me to make monetary decisions in a different way than before.

Besides just recording these losses and thinking about what you could've bought with the money, spend some money on yourself too and feel the joy you get from that. These things resonate much more deeply when you can feel it.

I really don't think it's the case though bro.

Think about it, look at obese people. They are almost certainly aware that they are severely overweight, if they step on a scales it will be made painfully apparant, while even looking in the mirror there would be no avoiding it.

And yet these people continue to overeat, not simply because they're not aware of what they're doing to themselves, but because they lack the self control to stop.

Problem gambling is no different IMO.

Self-control is indeed the main issue here not only on gambling but in all sorts of things in real life where everything does really need some moderation.

It will just depend on a certain person if he would really be serious on getting rid of problems that might happen ahead on if he would tend to continue on what he'd been doing.

Keeping a record or not, if you are really serious on stopping then you can definitely do such thing without the need of anything.

Baby Dragon

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It depends on a gambler's mindsets, maybe it would help but if they are addicted then they will surely disregard the fact that it affects their assets negatively. The problem is even if they have done that but they don't open their minds for realization then it won't work. Personally, I don't do any record with regards to my gambling expenses because I only use my extra cash, but my experiences makes me realize that I need to understand my limits. I experience playing without knowing my limitation which makes me lose some of my funds and my situation that time makes me realized that I should stop it, because it can affect my way of thinking and even my life. It makes me realized that if I gamble, then I should have self-discipline and limitation because it will guide me on handling myself properly.

goinmerry

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Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

I'm seeing another way around.

If gamblers will record all of their losses and realized that those amounts can now buy an expensive thing they want, it will just lead to more gambling activity to chase those losses since they regretted losing it. They will now have a target to get back those losses and will decide to stop once they achieved it although it's impossible as there is no way they can recover all their losses easily.

And I don't see the essence of computing all my losses. Instead, I will more be focused on improving my strategy to maintain winnings.

Twinkledoe

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Quote from: leowonderful on February 26, 2020, 05:47:47 PM

Not a bad suggestion. A lot of people snap out of bad habits when they can see the numbers and the effect of what they've been doing, and this isn't much different. I actually did something very similar to this when I would waste money on unnecessary spending about two years ago, and this largely made me change my spending habits as a whole and helped me to make monetary decisions in a different way than before.

Besides just recording these losses and thinking about what you could've bought with the money, spend some money on yourself too and feel the joy you get from that. These things resonate much more deeply when you can feel it.

Such simple strategy will really give you a rundown of your gambling habits. And know what is the impact on your financial situation by looking the amount of your losses. However, on my end, since I am not really a big timer in gambling, I don't record my losses as I only gamble small amount from time to time so I consider it extra extra money for me, considered lost already. But for those who are really allotting money just for their gambling, I guess it is time for them to jot down their numbers and see if it will change how they gamble next time.

DarkDays

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Quote from: leowonderful on February 26, 2020, 05:47:47 PM

Not a bad suggestion. A lot of people snap out of bad habits when they can see the numbers and the effect of what they've been doing, and this isn't much different. I actually did something very similar to this when I would waste money on unnecessary spending about two years ago, and this largely made me change my spending habits as a whole and helped me to make monetary decisions in a different way than before.

Besides just recording these losses and thinking about what you could've bought with the money, spend some money on yourself too and feel the joy you get from that. These things resonate much more deeply when you can feel it.

I really don't think it's the case though bro.

Think about it, look at obese people. They are almost certainly aware that they are severely overweight, if they step on a scales it will be made painfully apparant, while even looking in the mirror there would be no avoiding it.

And yet these people continue to overeat, not simply because they're not aware of what they're doing to themselves, but because they lack the self control to stop.

Problem gambling is no different IMO.

leowonderful

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Not a bad suggestion. A lot of people snap out of bad habits when they can see the numbers and the effect of what they've been doing, and this isn't much different. I actually did something very similar to this when I would waste money on unnecessary spending about two years ago, and this largely made me change my spending habits as a whole and helped me to make monetary decisions in a different way than before.

Besides just recording these losses and thinking about what you could've bought with the money, spend some money on yourself too and feel the joy you get from that. These things resonate much more deeply when you can feel it.

Baofeng

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Well you can do track your win/loss record, but as to give you some benefits to make you stop gambling? I don't think so, on the contrary it might give you the impression to chase that loss. Sometimes I also thought of lots of 'what if's', what if I didn't gamble and chooses to save so that I can buy my favourite expensive watch? The answer is still the same, no regrets from gambling loss, it's just part of the game.

And if you ask a fellow gambling how much they lose? they will not tell the truth, and will say break even or barely up by few. Probably the best use of tracking our win/loss is for tax purposes, but other than that, I can't see any pros of doing it.

KrisAlex18

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It would be possible for all those gamblers that are not addicted so much in gambling, like me, if I know that I am already losing my money in betting, I prefer to stop it, than to take the risk anymore, thinking that I will turn back the funds that have failed, but I think it won't be enough to stop all those addicts on gambling, and for sure they won't keep their record of losing the game, that is impossible. It may trigger them to play more gambling because they will hope that they will turn back the money that has failed. That is the problem for all those addicts on gambling, on which they cannot think well because they are only focused on gambling.

Quote from: iamsheikhadil on February 26, 2020, 12:00:10 AM

You see, I have tried this technique in the past with no fruitful results, and it is countereffective many times because once you see how much you have lost, you would want to gamble more to recover them back Tongue

that's how it all works, because you would stop for a moment or so thinking about your loss and then when the urge will come again, the same resistance will act as a fuel to further gamble xD

Indeed, knowing your losses in gambling could be an urge for you to play more gamble because you will have a feeling that you may still win the game, but when you still betting every day, your money lost will keep increasing. So I suggest that you stop it as soon as possible to prevent losing a significant amount of your money.

Oilacris

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Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

Not a guaranteed working solution towards your addiction.This kind of goal or activity will just either make you stop or play even more.Why? When you do saw that you have lost too much, of course there would be a time that you would thought that you should keep playing and you might able to take those losses back or recover which is really a possible mindset that you would encounter along the way.
So i say that listing out your losses is useless and if you do play just for fun then this wont really be an issue yet you are willing to spend or lost those money to gambling in the first place.

Zicadis

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Dump it!!!

I really doubt it would stop people from gambling.

Most people know that addictive gambling will ruin them, and that they have already lost a crazy amount of money, I don't think seeing the numbers would change much.

Just how most people continue to smoke even after getting lung cancer—they just can't stop!

Tipstar

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I think it's better to forget your losses than to keep a record of it. I don't have an exact one but I do have a tentative loss of about 0.2 BTC in gambling in the last couple of years.
And everytime I think of that, I tend to bet more to recover my loss. And even though I have small wins now and then, I don't keep a record of that and stick with the figure of 0.2BTC.

smyslov

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Some gamblers are playing for the feeling, they don't care if they lose or win big amounts they just want the excitement and the adrenaline rush like when they are playing their favorite sports, or watching a suspense movie, they pay for having this kind of feelings whatever the amount is.

dothebeats

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If I'd do that and keep a table of my expenses for entertainment, then I guess I'd be utterly disappointed on how much I spent on movies for a year compared to how much I have lost in gambling. I rarely gamble nowadays though there are times which I have this "I should have" moments and think of something that I could have bought had I stopped playing on that instant. Either way, it satisfies my gambling heed and helped me get entertained for a few hours so why would I get disappointed anyway?

Besides, the point of gambling is profit and entertainment, and you can't find both co-existing anywhere but only on gambling games.

NavI_027

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Quote from: robelneo on February 25, 2020, 11:39:37 PM

What do you think, will Keeping A Record Of Your Losses Will Make You Realize To Stop Gambling?
After seeing that you could have bought a new motorbike or buy an expensive watch on all your losses that you have computed.

You got a point there mate, however, it still depends on the content of your record Grin

. If the losses you counted are significantly greater than the profits you earned then you might really come to the point of stopping but if the opposite happened then for sure you might not even think of it. Gambling is riskier than what you think mate, if you are weak hearted then stop once and for all so that you will not gp through stress and frustrations in the first place

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