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Topic: Not keeping records makes me a bad gambler? - page 11. (Read 1985 times)

hero member
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I don't keep records as well because it doesn't make sense for me. Whatever is spent on gambling for me, should be forgotten forever. We're not bad gamblers, and that doesn't mean we're not responsible as well.

What being responsible is you don't compromise other things that you need to provide for yourself and your family as well.

If you're the guy that keeps record, that's okay and it means that you just want to track your expenditures and you're organized.
hero member
Activity: 1302
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Leading Crypto Sports Betting & Casino Platform
It depends on the type of record to keep when it comes to gambling discussions like this, what is the benefit of keeping a record that will always bring tears to one's eye if all you had was a perpectual records on losses, there's nothing to encourage one in this than add up to depression because the records aren't enticing to keep, share or see oftentimes, but when we have some outstanding moments with gambling experience, we couldn't wanted to afford loosing these moments with putting them into archive for remembrance, such are good for this purpose and not all we have are disheartening records of losses.
In my own opinion, keeping record of gambling activities in both winnings and losses is very essential for every gambler in other to regulate his their gambling activities.
In fact, recording gambling wins or losses will have no effect in regulating gambling activities because regulating gambling activities is only based on how we have control and limits.
But some people may record losses or wins just to be able to use it as benchmark for stopping because there are also many gamblers who have certain loss limit to be able to determine the right time to stop gambling.

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There are some set of people who has never been lucky enough to win in gambling despite spending huge to win and keeping records will help them know that gambling isn't favourable to them which might make them to quit gambling instead of betting more and still losing more money.
Yes and gambling will never be profitable for anyone except business people and casino managers.
If you are only looking for profit it is better to leave casinos and gambling and work or do business so you can make definite and guaranteed profits.
Moreover, when recording all gambling activities from start to finish I am sure that 80% of the records show the loss numbers and the remaining 20% are the winning numbers that the gambler has.
However when they found out about all this I sure they regretted it little but the next day they returned to deposit the money.
full member
Activity: 1484
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Why do we need to keep our records when we all know that the gambling market changes from time to time. What happens today will be a lot different tomorrow so keeping some records will not be essential at all. Gambling is luck based, and you can’t predict when you will be lucky in gambling, so keeping your records about your losses and gains will not be helpful and won’t change the situation. If you want to minimize your losses, manage your gambling habit and always bet on the amount you can afford to lose.

I disagree with this; I do gambling and also keep records of wins and losses. Why? To monitor my money, whether I earn or lose more money, for example, if I allocate a certain amount of money as my capital, I have a spreadsheet where I place where I place a bet or play, how much I spend, and then record if it has been gained or not. From there, I can keep track of where my money goes. Documenting your expenses is a good idea because it could give you a reminder of where and what you've been spending, where you play, etc. Yes, gambling is a lot more about luck, but keeping records of your activity in gambling doesn't do anything with what you're saying; it is completely different. And keeping a record is not bad; it only shows that you are responsible for your money, so keep on doing what you're doing.
full member
Activity: 2576
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
In the past I do keeping records to know my financial expenses , but overtime since I know how limit my self? I stopped tracking my gambling money but I made sure that my budget will be keep and yes that is the amount I keep spending.
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Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.
actually this shows how responsible the person is and how that person knows how to balance and limit his fundings that is why he said this is a best practice.
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So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?
nope this will never make you a Bad gambler but when you turn to be addicted , then that is completely the bad gambler.
legendary
Activity: 2632
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Leading Crypto Sports Betting & Casino Platform
It depends on the type of record to keep when it comes to gambling discussions like this, what is the benefit of keeping a record that will always bring tears to one's eye if all you had was a perpectual records on losses, there's nothing to encourage one in this than add up to depression because the records aren't enticing to keep, share or see oftentimes, but when we have some outstanding moments with gambling experience, we couldn't wanted to afford loosing these moments with putting them into archive for remembrance, such are good for this purpose and not all we have are disheartening records of losses.
In my own opinion, keeping record of gambling activities in both winnings and losses is very essential for every gambler in other to regulate his their gambling activities.
There are some set of people who has never been lucky enough to win in gambling despite spending huge to win and keeping records will help them know that gambling isn't favourable to them which might make them to quit gambling instead of betting more and still losing more money.
Yes, it may be that when things are kept in a record you can have better control, it is not bad, it is something that may sound very logical that will turn out well, but as I have said before, when you do not have control over your actions in games, In casino bets, they are slot machines, dice games, and others like rules, because sometimes the numbers are not going to be in green, they usually and can be in red and that is a very bad thing, because when we are doing something else type of game we can think that the events will turn out well, but when we start to see how we are in another aspect it can happen that those old records can lower the morale of the person, because they can be large figures of lost money and clearly in the brain it will say something, like you have to be able to recover what has been lost, then that will become a constant pressure, sometimes it can be good or bad just because of that condition, of course it is only better, because there is control of what comes out and it will return. , but that's the only thing that can happen,

When at these heights we, as guides, need to have a specific order to do things well, because we can realize that when we are in a casino we know what we will spend, we know that we will have many things to do, including winning, losing, Whatever the result, we must find a strategy where our balance is not so negative, but rather try to keep it in the green, or positive, it is difficult, but I know that it is possible, and one of the things is not to bet on impulse. , that when we get more money, then having them there, don't risk them, go the next day, start settling for a session and if we come out victorious, then take advantage of them and stay there without any kind of prejudice, that's all we have to see, without However, when we are in the middle of the game, sometimes it is difficult, because the impulse, sometimes the same greed acts to win more and that can harm us much More.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
It depends on the type of record to keep when it comes to gambling discussions like this, what is the benefit of keeping a record that will always bring tears to one's eye if all you had was a perpectual records on losses, there's nothing to encourage one in this than add up to depression because the records aren't enticing to keep, share or see oftentimes, but when we have some outstanding moments with gambling experience, we couldn't wanted to afford loosing these moments with putting them into archive for remembrance, such are good for this purpose and not all we have are disheartening records of losses.
In my own opinion, keeping record of gambling activities in both winnings and losses is very essential for every gambler in other to regulate his their gambling activities.
There are some set of people who has never been lucky enough to win in gambling despite spending huge to win and keeping records will help them know that gambling isn't favourable to them which might make them to quit gambling instead of betting more and still losing more money.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?

There is probably no benefit (if we are talking about ordinary gamblers who do not have an addiction) and, on the contrary, there is a feeling of disappointment because sooner or later even small amounts add up to something larger. This is the same senseless and irrational nonsense as calculating how much money I would save if I didn’t drink coffee for a whole year. We must love ourselves, not money, and if we can get little joys for money, then this is good spending.
hero member
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~snip~
That's right, maybe some of their gambling records are important to know the expenses so that they can limit if there are excesses that we don't think about, maybe some of the records are to see how gambling activities have been, whether they are just curious or really want to record just as a reference.

Makes sense. Myself, I don't think it is necessary because with the limit of money that has been set, it is more than enough so there is no need to look at the records again, it's just that some of them are just curious about the whole gambling. Actually there is nothing worse as long as we manage finances well for gambling.
So it depends on a person's purpose in recording his gambling activities because if he only wants to know how much he lost and won, he can look at the record and try to reduce his losses by reducing the use of money for gambling. Some gamblers use these records to calculate their monthly expenses for gambling. What is certain is that the goals will vary between each gambler.

Yes, I agree with you because the money limit that we have set is enough to limit losses and the use of money. We can also manage our finances well and prevent bigger losses because there are limits we always maintain well.

~snip~
actually recording spending activities when gambling is the same as when we look at the transactions we make when gambling, if we look at the transactions while we are playing and have created a limit on a certain amount of spending, of course we will stop because it all depends on our self-control when gambling . Not taking notes doesn't mean that we are bad gamblers because sometimes to record gambling activities we don't have enough time to do so so we just rely on our thoughts and see transaction mutations when playing so that we can create limits ourselves without having write notes.
For that purpose, we can look at the transaction history on our gambling account. We can find out how much money we have deposited and withdrawn to compare which one is bigger. If the deposit amount is greater than the amount of money we withdraw, we may experience losses more often. And if that happens, we really have to reduce the amount of money deposited so that we don't experience even bigger losses.
hero member
Activity: 1498
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Right. Not keeping records does not make anyone a bad gambler. I think it depends. Personally, I prefer monitoring my transactions regardless of the amount so I can have a clear picture even to my leisure expenses. This helps me to make decisions on how much should I allot to my beeds and wants. But like what I agreed with, not tracking your records does not make you a bad gambler. It's more about being aware of your limits, making responsible decisions, and enjoying your leisure. Keeping records is just one method to stay financially conscious but it's not the only measure of a person's gambling skills or responsible behavior.
Yes, it will depend on each gambler. Some feel that if they have a record, it will keep them awake enough to stay away from gambling addiction. Some people want to know how much money they use for gambling. It all depends on a person's need to keep notes or just spend the same amount of money from time to time without calculating the total amount. And not having a record doesn't mean he's a bad gambler because maybe that was his decision, and according to him, it was a good move. And perhaps some will consider having a record of their gambling activities important.
actually recording spending activities when gambling is the same as when we look at the transactions we make when gambling, if we look at the transactions while we are playing and have created a limit on a certain amount of spending, of course we will stop because it all depends on our self-control when gambling . Not taking notes doesn't mean that we are bad gamblers because sometimes to record gambling activities we don't have enough time to do so so we just rely on our thoughts and see transaction mutations when playing so that we can create limits ourselves without having write notes.
hero member
Activity: 3038
Merit: 617
Yes, it will depend on each gambler. Some feel that if they have a record, it will keep them awake enough to stay away from gambling addiction. Some people want to know how much money they use for gambling. It all depends on a person's need to keep notes or just spend the same amount of money from time to time without calculating the total amount. And not having a record doesn't mean he's a bad gambler because maybe that was his decision, and according to him, it was a good move. And perhaps some will consider having a record of their gambling activities important.
That's right, maybe some of their gambling records are important to know the expenses so that they can limit if there are excesses that we don't think about, maybe some of the records are to see how gambling activities have been, whether they are just curious or really want to record just as a reference.

Makes sense. Myself, I don't think it is necessary because with the limit of money that has been set, it is more than enough so there is no need to look at the records again, it's just that some of them are just curious about the whole gambling. Actually there is nothing worse as long as we manage finances well for gambling.

It could be useful if the gambler had planned to track down his losses and winnings. It's easy to see whether from the time he had been gambling he profited or lost and then concluded from the record if its worth pushing through this kind of activity anymore.

As for me who had not tracked this since the beginning, I guess I just have to keep doing it until I can make a big win. I feel like I'm losing more though. The only consolation is that I enjoyed the whole process.
legendary
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Makes sense. Myself, I don't think it is necessary because with the limit of money that has been set, it is more than enough so there is no need to look at the records again, it's just that some of them are just curious about the whole gambling. Actually there is nothing worse as long as we manage finances well for gambling.
Besides, it's just a waste of time if you record all your expenses, can't we all see gambling statistics? It's not that important in my personal opinion to record things like that, it's true what you said, just limit your budget every time you gamble so it's easier to be consistent, for example, every week you spend $100 on gambling so you don't need to record it anymore because there is a limit that is easy to remember.

I think gambling will not be enjoyable if you add other work such as recording expenses and so on. Maybe there are some people out there who want to do that and have time to calculate it, but not most people want to do that because I don't think it's useful either. too and just waste unnecessary time. The point is to always limit your budget and manage your money well for gambling and living expenses.  Wink
hero member
Activity: 1498
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Yes, it will depend on each gambler. Some feel that if they have a record, it will keep them awake enough to stay away from gambling addiction. Some people want to know how much money they use for gambling. It all depends on a person's need to keep notes or just spend the same amount of money from time to time without calculating the total amount. And not having a record doesn't mean he's a bad gambler because maybe that was his decision, and according to him, it was a good move. And perhaps some will consider having a record of their gambling activities important.
That's right, maybe some of their gambling records are important to know the expenses so that they can limit if there are excesses that we don't think about, maybe some of the records are to see how gambling activities have been, whether they are just curious or really want to record just as a reference.

Makes sense. Myself, I don't think it is necessary because with the limit of money that has been set, it is more than enough so there is no need to look at the records again, it's just that some of them are just curious about the whole gambling. Actually there is nothing worse as long as we manage finances well for gambling.
sr. member
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Not keeping records, does this make me a bad gambler?

No, as long as you are gambling with the money that doesn't look considerable amount compared to your income. If you are earning 5K per month and you bet $200 only in that particular month then you don't need to worry about tracking the records of winning and losing. Or in general tracking all your expenses will give you good insight about where your money is being spent and it will help you to identify which one you can eliminate if your income is reduced or you want to save more.
hero member
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Why do we need to keep our records when we all know that the gambling market changes from time to time. What happens today will be a lot different tomorrow so keeping some records will not be essential at all. Gambling is luck based, and you can’t predict when you will be lucky in gambling, so keeping your records about your losses and gains will not be helpful and won’t change the situation. If you want to minimize your losses, manage your gambling habit and always bet on the amount you can afford to lose.
What does the gambling market have anything to do with your records? Records are not kept for the future but they are kept just to have an overview of how you have been doing with your gambling activity, how much you've wagered, how much you've lost, and how much you've won so far. Your records will allow you to evaluate your overall performance and allow you to have a general idea about what actions you should take next to prevent you from excessive losses if you've been losing a lot of money.

A gambler doesn't keep a record of their activities because of the market or the gambling trends that might change from time to time, and you only keep your own bets and the outcomes of the bets or maybe just the starting and ending balances of each and every gambling session you have had in a particular month or year.
hero member
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Right. Not keeping records does not make anyone a bad gambler. I think it depends. Personally, I prefer monitoring my transactions regardless of the amount so I can have a clear picture even to my leisure expenses. This helps me to make decisions on how much should I allot to my beeds and wants. But like what I agreed with, not tracking your records does not make you a bad gambler. It's more about being aware of your limits, making responsible decisions, and enjoying your leisure. Keeping records is just one method to stay financially conscious but it's not the only measure of a person's gambling skills or responsible behavior.
Yes, it will depend on each gambler. Some feel that if they have a record, it will keep them awake enough to stay away from gambling addiction. Some people want to know how much money they use for gambling. It all depends on a person's need to keep notes or just spend the same amount of money from time to time without calculating the total amount. And not having a record doesn't mean he's a bad gambler because maybe that was his decision, and according to him, it was a good move. And perhaps some will consider having a record of their gambling activities important.
sr. member
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I don't keep a detailed record of such, but I do keep a record of how much money is going out of my wallets every time I gamble or bet on something. It's something that is important more than keeping track of your win/loss IMO. You will be aware of what's happening with your money if you know how much is going towards leisure and 'fun' activities compared to what you really need to live day by day. Not keeping a record of things doesn't make you a bad gambler, it just makes your financial moves bad because you are not making informed decisions by missing a lot of details.

Right. Not keeping records does not make anyone a bad gambler. I think it depends. Personally, I prefer monitoring my transactions regardless of the amount so I can have a clear picture even to my leisure expenses. This helps me to make decisions on how much should I allot to my beeds and wants. But like what I agreed with, not tracking your records does not make you a bad gambler. It's more about being aware of your limits, making responsible decisions, and enjoying your leisure. Keeping records is just one method to stay financially conscious but it's not the only measure of a person's gambling skills or responsible behavior.
legendary
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The record is sometimes not bad, but it can make us feel bad considering that in the game it is most likely that we will always be in the red, in negative numbers and this may lower our morale a little, for those who have a very exact control of their finances, for this reason I think that now things must be different, if there is some type of project or something that is in a caisno if it is good to do it, but I would say that from now on, and not from before, because since Before it was not worth it, since what was spent and lost was lost, now things can go differently, because basically you have more experience, at least I agree in a game session if I win I retire and I'm going the next day, without looking for very big profits, this is now what characterizes me, it doesn't matter if the profit is very little, that adds up, and adding up is the best, it is always in favor of improving and not losing For me that is the basis of everything, it is the only way I see that you can be somewhat profitable in a casino.

Now, if we decide to do a registration and as I said before, do it from now on and not from before, because only then is it better to have control, in some way it is good, but like this, because if we start to do registration of what Let us remember, well it will happen that we are going to be bad, because obviously things are going to be very in favor of the losses and if due to some of those things we get hurt and we have to recover or try to recover that money Well, the story can become very sad, and better to play without any kind of pressure or stress, because that is how it works better, if we do it through stress or something like that, it will be but, because we are not going to Consider anything, then no It is advisable, for me the best thing is to do it and be very careful, with my strategy which consists of playing and as Soon as there are profits , stop playing and go the next day, at least I have been getting better.
hero member
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?

Pretty much, yes. However it depends what you mean by "bad gambler", if you're just doing it for a bit of fun and fully expect to lose a casual amount of money on a regular basis, sometimes with the odd winning streak, then you are probably taking the right approach. The only reason that logging your bets in that situation would help is if you think you might be spending too much or want to figure out how much variance you've got going on over time. Let's face it though, unless you're trying to engage in an actual career like gambling, you should understand that the odds are heavily weighted against you and even sport bookmakers are only interested in your custom if you are losing money over time, they'll eventually limit your account otherwise.
What is it to gain if not having a record of how much we spent in gambling? Other than that, gamblers that practice it will have better control over their gambling expenses. As the record can help them think better while gambling. I've not done that for gambling expenses. But, can remember doing it for other financial platforms. I think the difference is not quite different from not putting down a record of our gambling activities. For economists they can make a thing of those records and make huge profits from savings and calculated gambling moves. I commend gamblers that keep records. It's a good thing, even, just for the record. Reading through the past, facilitates good gambling. When we lose continuously we can see it often and think of a way to fix it. Or look for other casinos or games where the odds are not forced against the player. It can also add to the fun! looking back in time on how much you've spent on gambling and their worth now. Buying power. It's a nice memory. Although, if the journey didn't end well, it could be a sad one. Hence, even with the record, we still need to apply our senses. There is no gain recording losses. The record gets interesting when the win is more than or averaged to the losses. The records can be beneficial or important in legal cases as evidence. The factors that consists a bad gambler doesn't include keeping record or not. It's not a business. Unless, a professional gambler. He can decide to turn gambling into business. Yet most of the Professionals don't have to keep records, they're not used to doing it. And that doesn't stop them from winning.

hero member
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Yes and no. You don't necessarily have to track every wins, losses, or draws for you to be considered a good gambler. You don't need to track every single dime you spend on your gambling spree. All of these works towards tracking your gambling expenses anyway, so some people just cut the middleman and track how much they are spending and forming a budget around that spend habit with the intention of even lowering it in the future. You don't need to do all these convoluted bs just to be considered a good player or a responsible gambler for that matter. What you would need to do is to actually act upon the discipline that you want to instill upon yourself and only by then will you actually see results.
hero member
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?

Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.

So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?

Not keeping records, does this make me a bad gambler?
Are you the damn account keeper of the casino? No? Then I don't think it matters. You don't exactly see the majority of people recording a note for how much time it took to finish a game right? Same idea here. It doesn't matter, in general anyway. If you know someone who does this, it may just be their character to note down their wins/losses, they probably do the same or something similar to other activities really. Besides, in most cases, a rough idea of what you've gained and lost is more than enough imo. That's what most talks about gambling ends up with anyway. I reckon you don't need to describe to them how much you won/lost per game lmao.
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