Topic: Not keeping records makes me a bad gambler? (Read 1985 times)

Well, when I think about game logs, what comes to mind is doing anything in the game and putting it in an excel sheet , and the truth is I'm a very lazy person, I don't do it, nor would I. I know myself and I wouldn't do it, maybe another person who has more patience with each of his movements can handle something like that, but that becomes a job, which I don't Know if it's Useful in the long run, the only thing I hated Keeping a record is with respect to the money that is introduced into a casino and the money that is spent, if all the money increases or disappears, I think those are the things that we should see, I would make that record, I would not make another one. , because I think that my personality is not one of that style , I think that when things are about money one has to be a fairly careful person, that is why money is the main source to do anything, because without money there is no party , and that is something that can Happen.

In retrospect, to generate more money in a casino , if you want, you keep a record, but I think that what can be done is good expense management in the casino, for my part I have to do things, I have my own style to be able to be profitable in a casino, the bad thing is that it is long term and that is what many do not have time to do , Personally I think that things always happen in favor of what can be generated, but it is my own technique and it is somewhat boring, it is constant but very minimal earnings, so the majority of players do not like that because what they are looking for are medium earnings and if they can get large earnings much better, to reach that level it is You have to risk a lot of money and that's what I don't do, what I do is risk a Little money to have few Profits , because if I lose money it doesn't matter , it's the money I had for that , to lose , so in this order of ideas some Strategists preparing for a casino are not all the Same.

If you enjoy doing something then it is to be expected that the more you do activities related to that something that you like the more fun you will have, and keeping track of track of your capital is not really optional in gambling as it could be in other hobbies as money is an integral part of gambling, and while not keeping records is not going to hinder the average gambler, it is a massive disadvantage for those that have the tendency to chase their losses and for those that aspire to become professional gamblers.

Yeah, in my mind the behavior of trying to recover losses is probably the most negative one in gambling.

I think doing that actually might leave the gambler bankrupt faster than any other behavior.

Keep records of your wins or looses in gambling are not necessarily rated by credit of good or bad behavior rather keeping your the winnings and looses on track could help to either encourage you to move forward or backwards on your gambling.

Before I engaged on gambling, I have a friend who usually bets but can't tell if he is addicted, so, he is always in fund of public announcing his wins and not his lost simply because I asks him to be mindful of how he bets because he could bet out of emotions to win and get to loose more.

In some occasions he has come to say to me that he won $100 with just $10, winning $200 with $70 and all that.
He makes this know to me so I could see how he takes leads to the winning roles hopefully for him to understand that he has always been a winner.
This is the same guy who looses over $500 a week but if he wins $300-$500 in a month he feels taking the leads then I have to ask me to calculate how much he has lost totally by the month before this winning.
Then he realized he has been loosing more to gambling despites the fact he could win hugely but that winning only comes once while.

The necessity of tracking your bets is necessarily a concerned to maintain your gambling strategies or possibly to determine your looses and winnings.

Most online casinos do have a track record of how much you have spent gambling in a particular month or over the week so if you want to at anytime check through the records you could go to history and find a full track record of how much you have spent over a period of time.

Keeping track record of how much you have spent gambling over a period of time will most likely get you to chasing losses, it will be much better if you make a budget monthly or weekly and keep to it, that way without going through the records, you will know how much you have spent so far and you will not be pushed to chasing losses because already you had had in mind to forfeit such amount if it turns out that way and you have lesser chances of chasing losses.

I'm saying something, when we see previous record losses, that usually doesn't give much encouragement, let's say, if we start from the point of view that we are in the red or negative numbers, what we do from then on will be a lot of pressure, a lot stress, because we want things to be much more efficient, and the thing is that if we start with the good record and suddenly what we do is pure loss, that is something that can lower our spirits even a lot, so when we are in those cases we can do everything possible to start things well, if we are people who have control then it is something that can be taken as a good thing, because if per day we spend 10usd to spend (for example) and of those 10usd we take it to 12 Well, it's not bad, we are starting well, we can leave it there and use that same balance of 10usd without touching the 2usd profit to subtract from the previous losses, if we continue with a streak of 1 or 3usd per day that Ahaha, that's a great success, at least that's how I see it.

Of course there are people who always look for big profits, because they say that small profits is not a good result, in itself it is not, but if we add that daily, little by little we will recover everything, and that is the idea we have I have to be very emphatic and have a lot of discipline, and even though it is very difficult to accomplish this, it is a reality that it is a very profitable way to be able to play money in a casino and add up, of course it is my own strategy, not just I have copied from no one, I am only applying a strategy that I have in trading and that has given me good results, whether good or bad, it works for me and I want to apply it in gambling, and so far it is good, of course not per day I can only spend 10usd if I am unlucky that day, because it doesn't matter, if I spend only 10usd without doing anything, I leave it like that and continue the next day, but it is important not to deposit more than 10usd.

When you write down the results, you can estimate the probability of a particular number falling out, and allocate your bets more intelligently. Although probability theory is a relative theory. There is always a chance of hitting a losing streak

Well, it is not a game for some people really. These are the people that seriously want to make a buck at the casino.

The level of enjoyment they get is proportional to the amount they win.

That means that most of them are not very happy while gambling.

Not everyone is into statistics, I would say keep it simple.  It is a game or leisure activity after all.  Some might find a benefit from tracking all they are doing exactly, sports bettors Ive heard of tracking exact outcomes vs odds offered and % available profit vs actual placed bets.    However so long as you keep to a set budget and dont exceed that, I think it more then likely is going to stay purely fun and many keep track in their head which is fine imo.   Dont think I ever had a perfect records kept outside of the website itself allowing me to go back years to look at match results vs bets etc.

Regrets do always come at the end on which you would really be only be able to realize when its too late. When you do gamble then you should really be only spending on the amount
on which you can only afford to lose and it would really be just that fine that you wont really be making or putting up some records since those amounts are really that bound for
doing gambling because on the time that you do see that you are spending up tons of money on doing gambling even on a gradual manner then it would really be resulting
into those kind of thoughts that what if you have invested those amounts? Its true that it would really be creating that kind of what ifs and regrets in the end of the line.

Keeping record is simply that wont really be that ideal for me because im a person whose really love on regretting whenever i do see significant amounts
that had been wasted on playing gambling.

That guilt is for real.

When you see the entire amount of how much you've spent in gambling makes you wanna go for more and recover them.

And if it's not working for you and you just feel all of those losses is giving you a heartbreak, much better to just release it and don't keep records.

But if someone has a good reason for keeping it or it satisfies them, that's a good reason for them to keep the records.

While if it's not helping you, leave it.

If someone has experienced a lot of losses and writes it down in his gambling notes, it will indirectly be recorded in his brain's memory so that his subconscious will want him to try to recover his losses. He wouldn't realize that desire even if he actually continued gambling after his losing streak. But if he could control himself, he would not try to recover his losses because he already knew that it would only increase the number of losses even greater. He will be able to accept the losses he has recorded, and he will only try to reduce the number of losses so that in the next month, he can see a large reduction in the number of losses. He will also not target to reach the winning amount because he knows that getting winnings from gambling is difficult to achieve.

If they can really control themselves while gambling, they don't need a gambling record because they can control the amount of their losses. And it is true that we are the ones who should regulate the amount of money we use for gambling and not follow our desires of wanting to win. Moreover, we already have an experience where if we chase a win, we may experience even greater loss. So it's better for them to just accept whatever the result is and they can go back to gambling again another day.

Whether you keep track of your gambling activities or not, it will not decide if you are a good or bad gambler. Each of us has our reasons for deciding whether to keep track of our gambling activities or not. If you continue to gamble despite significant losses and do not modify your behavior, knowing your total loss records is irrelevant. A good gambler, for me, has extra money for gambling only and strictly stays within the allocated budget. Even if you lose on a weekly or daily basis, it will not have a significant impact on your life, relationships, finances, or family.

Or it could be the other way around? Looking at the record of your total loses might make you realize that maybe gambling is not the way how you want it to be to become rich. One might going to be regretful that if he kept this amount he could've invested it somewhere with less risks, it could've earned profit already.
On contrary, people who pursue his loses and eager to make an attempt in retrieving them by continuosly gambling, may unlikely to succeed but will worsen the accumulated loses instead.

Memories flies everywhere, I've personally decided not to keep records for anything related to gambling. Everyone knows the reason why they keep records of every single details about the outcomes in the system, while some have reasons why they don't keep records, we're all different human beings and we have tasks to fulfilled this season, so we keep trying to ensure to carry out our very best, inother not to make wrong steps that will make us triggered losses. Keeping records of losses and winnings will only bring back old memories and awful events, because there's existence of both bad and good results.

I know that I already spent a decent amount in my gambling activity from then until now and the idea of keeping records of my losses can't help me to move on. So what's the point? Some gamblers might think that they need to keep playing to recover those losses (if they record it) and it doesn't feel good to have such feeling of guilt or eager to chase it back. Therefore I better record my remarkable winnings rather than the losses because good memories are worth remembering.

It is true that recording betting results in the last few months can provide benefits to better regulate the gambling activities they carry out and can enable them to have limits or control so as not to experience bigger losses like those in the records.
But another impact is the emergence of feeling of disappointment with what one has done because one has spent very large amount of money and even the winnings as return do not reach half of the amount that was used during that time.
All actions always have good and bad and it depends on us how we think and respond to each action.
But so far I don't think many gamblers have recorded their gambling history because it takes time and is little more complicated by taking into account every bet that has been made over several months or several years.

If you really want to make money from gambling you can't escape the fact that you need to have detailed records of the amounts you have lost and won.

Otherwise the gambler will probably just simply "forget" about some big losses and only care about the big wins that happen once in a while.

In that case, the gambler will feel good, but in reality they have paid way more than what they have earned.

Not keeping the track record of one's gambling activities does not make a bad gambler, we have a particular reason for doing or not doing that, what are we to talk about the gambling addicts and other abusers, are they not a to be considered the bad ones here than when you choose not to have the record of what can make you change your decision on gambling after realizing what you're spending there is too much, some don't even have a savings yet they always contributed to gambling each day, what an irony, track record does not make a good gambler.

And that is one of the massive advantages of record keeping, if you look at the amount of money you have spent gambling over the years and you cringe about it and you think you have lost a lot of money, then that is a clear sign that you should slow down for a bit or even stop gambling for some time, as in my particular case I do know that number, or at least my best estimation of that number, and I do not have any problem with the money I have lost over the years.