Topic: Not keeping records makes me a bad gambler? - page 3. (Read 1985 times)

Although this method looks very good and effective but the problem and the question is as I said above my friend, what if it turns out that they are even crazier in their gambling because they see a larger number of defeats in their excel sheet records, you give pretty good and detailed advice, but before that I have already told you about what my friend experienced, he became crazier because he did not accept the amount of defeat, and what happened was even more chasing defeat in the next session.

It seems that this problem is really out of our control, because of course they have actions that we think are completely unreasonable and far from what we expected about when they advised him to look at his gambling records. In fact there are some people like that, until now I still monitor and take care of my friend who when he found out that the number of losses was bigger he actually chased more losses with the intention of recovering, I still try to make him realize, but I don't know if there are many people like that out there, of course it will be a big problem for his life because there is absolutely no self-control or mindset to just reduce his activities even though they have seen his record.

Even though you are right that one needs to measure something in order to control it, but that applies to things like mathematical calculations, or fixed budgets, etc. But I disagree it should be applied to gambling, because in the end we cannot fully control all the factors when comes to the money inflow and outflow of money. Yes, you will be aware how much money you have lost to the casinos you like, but keeping in record of your losses will only lean you onto trying to get in green numbers again, would not you think that will push you to gamble more?
That is a bad or losing scenario, because we know that the house will always win in the long term.
If anything, I would believe it would be better only to keep a record on gambling if we intent to recover the money to other means which does not involve more gambling.

It is better just to gamble with a fixed budget and forget about those losses.

Yes, if you want to control it, you need to organize it because otherwise it will be irregular and you won't even realize it.
I think with that record we already know about the money in and out of activities in gambling, we can calculate how much money comes in and how much money goes out, obviously it will be more money in than out.

I always measure what has been put into gambling, if it is over the limit then it will not spend anymore, actually the limit is necessary so that it does not become excessive.

That should be realized by gamblers.

Not having a gambling record does not mean someone is a bad gambler because maybe they have reasons why they don't do it, and it could be that they just want to have fun gambling, so they don't feel the need to have a gambling record. I also don't have a gambling record because I only use gambling as entertainment, especially since I rarely gamble, Hence, I only need to look at my gambling history in my gambling account. I just don't want to spend too much money gambling, so I try to really limit the time and money I spend gambling because once I'm tempted, I can get deeper into gambling, and it's hard to get out of gambling. We can use our gambling history records on each gambling platform so that we can see how much money we have deposited to gamble. We can also see how much money we withdraw and how often we do it. So it is true that having a gambling record is a choice that each gambler will determine, so it definitely varies from one gambler to another.

When I gamble, I think of two things and that's to gamble for fun and also to make money but, I'm the type of gambler that don't keep records. I don't mind how much wins that I've got.

Because what I am sure of, they're nothing compared to the entire losses that I've made. If I'll sum all of them up, for sure that they're little and less and far from being close of my entire losses.

That's true, when I win, I tend to gamble more until I think that I've got less profit by that time and will secure that. Realization comes at the end when we gamble and with little profit that's left, that's what stopping us for that day.

In order to control something, you need to measure it.

If you want to realize how much you are gambling, you need to somehow keep track of the money coming in and out from that activity.

Whatever gets measured, can be controlled. If you don't measure it, chances are you are spending more than what you think.

That's how I see it too. People who lose more than they win will not want to see these statistics anyway. What about people who gamble very little for fun. Is holding such stats where it says that you gambled away $50 last month change anything, when your monthly income is $3k?
IMO stats are for people who really want to make money and their gambling journey is focused on that. I doubt that your average slots player who does a few rolls on his way from work home cares if they won %10 today or lost $5.

Its a matter of choice and a matter of common sense on which it would really be just that right that you should really be needing to make out that kind of decisions on which you would really be having that kind of assessment basing up on the situation that you are in. Dont wait up for things to get messy before you would really be taking up some actions.In speaking about keeping up some records then it would really be just that simply your choice knowing that the activity that you are dealing with does involves tons of losses and only a few wins on which it is really just that normal that you would really be needing to make out some adjustments accordingly basing up on what you are experiencing. Somewhat not keeping records does mean that you are a bad gambler yet there are really indeed people who are really playing just for the sake of fun
and doesnt mind about on the money or amount that they have been using into such activity because they are really indeed willing to take risks and losing it all on such session without bothering themselves about on how much they have already spent or that they have lost. It all matters with your own preference since we do have our own ways on how to track into things.

The same argument could be said about record keeping in general and yet people do it despite the fact that most of the time what we end up recording are negative things, so why do it? Humans do this not because we like record keeping in general, a thing that in fact seems that we like, however we do so because it is useful as it allows us to see what we did wrong and then improve upon our mistakes, and while this is difficult to do while we gamble, there are a few gamblers out there which can do this and become professional thanks to it.

A good and simple record can be done through an excel sheet, because it can be a great way to do better things to keep track of it and this converts everyone to do something much better when it comes to detailed control , except that it is very difficult to record everything because you can intuit to do your best to become more exact and to show on the side or as an observation the possible cause of why it was lost or why it was won, and to keep track of it. A record like this is quite difficult because you either play or record everything, I think that this takes the emotion out of the game and what you are doing, unless you make a rough data sheet and show what they can do. offer to have more time to play, because based on my plays you can remember me for the rest I think not, worse that is that there are certain things that one can record and others that one cannot, and that's where it goes time.

The records are not bad, but according to what one can do, it is better to start a record from scratch and not drag the records that one keeps in one's mind, make a clean slate, start from scratch so that things flow better, and thus a more accentuated balance of losses and profits can be kept, because it will always be about making a better scheme with profits above the losses, and bringing it to at least 80% profits and 20% losses, that is what I see that it is better, something else is possible, but better strategies must be considered, the advantage of betting and how much money is put into each game session and if people are satisfied with small or large winnings per session, under which my advice will always be to have fewer gnacias but that they always add and do not subtract, even if each day you make 1-5 usd for me this is very good per day, I don't know what others think, but for me that's it.

Yeah, right.
It will be a spreadsheet filled with regrets.
I do believe though that making a record for sports betting is acceptable because it means we are tracking down how teams behave in winning against one team and another. Comparisons. Somehow that could help us increase the winning rate on our next bet for the team if ever they face the same opponent one more time.
I don't do that but it might actually work that way.
Sports is not that much unpredictable especially if a team consists of super players. But there are rivalries that could make them lose to one specific team because they know their weakness.
If we could somehow spot that thanks to the spreadsheet that was created, then it would help us avoid betting for the favorite team at that one game or just bet on the opponent instead if we cannot really live one day without making a bet.
But in casino games, this won't work, imho. Just imagining how many bets we are making per day will us faint on recording them all, plus the losses, like you said. It will just hurt our feelings.

But the essence of keeping records or tracking losses and wins is a good thing for me. Why? Business-minded, do you want to know where your money goes? How much money have you made or lost? No right? Keeping records will keep you aware of what's happening in your capital; you will see if you are gaining or not. It's not about feeling sad or having regrets about your losses; it's about how you will manage your money. Maybe for some people, they don't care about the history or record of their gambling, but for others, they do this practice to handle their money and efficiently see how well they do in gambling. So I don't get why gamblers, especially online, don't keep records. It is a good practice for money management, yet they don't do it, and you will be confused about where your money goes or will not be aware if your capital is earning or not.

If they experience much bigger losses, there will be two options for them: they can immediately stop gambling and not gamble forever or they will keep gambling and try to recover their losses. If they choose the first suggestion, that's good for them because at least they have to learn to stop gambling completely. After all, they have already lost a lot of money from gambling. But if they choose the second suggestion, they will experience even more losses, and this time, it could lead them to develop a serious gambling addiction. So it will be up to their decision but they should think about it well and will not choose the second suggestion.

If they are wise gamblers, they will be able to decide what is best for them and will not gamble with too much money because that will only increase the amount of their losses even greater. They will take preventive measures, and maybe they will reduce their gambling activities, especially since their gambling records already contain many losses that will not be able to be recovered even if they use more money.

Sincerely speaking, I take gambling as the list of what I do,  and at the same time,  I only gamble for entertainment and nothing more,  this is why I have almost set up the time that I gamble and how much I gamble with each week,  and this has helped me a lot in recent time to be able to deal with a lot of things that would have ordinarily been a drawback to me in the long run,  this is why I have realized the fact that anything outside your set limit is a no go area,  I don't have a P. A but I use my device as my P. A reason is that I can easily set whatever limits in gambling just from my phone,  and sometimes,  I see that my phone will go off if I exceed my set time by just 1 second,  so that is why,  at times I see myself winning so much in a game but then if I exceed that set time and I didn't close down before that time,  I may get locked out and I may lose the game at the end.

That is why, sometimes I always try to close all my games opening before anything that will make me exceed that set time and at what space.

That's not necessarily true because there are people who gamble just for fun and don't keep a record of their wins or losses.
If they win they keep playing more. They don't track the losses because they already consider the amount they deposit as lost.

Keeping records do not really help because at first you will think you could possibly recover all your losses but with time you will understand that gambling doesn't work they way, they most times cause you to want to further chase losses which may aswell lead to further loss.

Allocating money for gambling still remains the best because that way you know that such amount is that which you are ready to loose regardless of what the possible outcome would be, they way you will definitely not really feel bad if you loose the money and there will be less tendencies to chase losses and reduce your risk of becoming addicted. You will possibly get drained and exhausted keeping records especially when it turns out they your wins are not making up for the losses.

What joy is it in keeping record of one's gambling life experience when all we could see are losses in all the bets we made from the slip, though we should be able to track same on the casino profile when we check in our gambling bets history, but am very sure that most gamblers don't consider this as an interesting action to take, keeping record if not for a specific demand will only make us feels regrettably from how we gamble and the rate of amount of money used for gambling purpose.

Yes it should be like that, they can take your advice but on the other hand it is still a question of what they will do when they see the fact that their losses are much bigger, still in the end this is a big question, as I said before, there are two possibilities that can happen. Your suggestion is a good one, it's easy to say but hard to do, which is why they are still suffering from an increasing number of losses. So I hope that someone will really make a very good judgment when the fact is that their losses are far greater than the winnings, I hope they can realize and choose to fix it by reducing the number of bets or even quitting completely is better.

For someone who is healthy and brings a logical mindset when wanting to gamble I'm sure without some advice  from others they will also be able to take some precautions as you said I think they will definitely be vigilant and also will not be too excessive. Because they are not only thinking about gambling but their minds are divided for other things too such as the  cost of living or basic needs needed by their families.

and besides, do you really think some are really doing this tedious task? yes, we know, there are some benefits of doing so however, for me, i think no one can consistently do the recording of all his bets. for me, this task is not sustainable. you may be excited it in the first few months, but later on, it will be a burden for you.
the more sustainable approach would be to spend what you can afford to lose in every bet you want to make. so you have no worries if you will win or lose with your bets.

Keeping record on your gambling activities only helps you to know how much you may have gambled with within a certain period of time, and likewise how much you may have also lost, but just like O.P said, to me, I don't see any need why anyone should keep such record, because it's just a total waste of time, because either keeping record or not, it won't stop you from losing or neither winning a game, in as much as you are gambling responsibly. Because I think such record is meant to be kept for people who are addicted to gambling, so as to be able to regulate how much they waste on gambling.

But on a general sense, it's literally of no value to either the gambler or casino.