Study to become a pro and track your bets with a spreadsheet.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Lucasgabd on December 03, 2024, 07:46:44 AM

I don't gamble much too but when I do I go all in and lose all my money
I can feel the thrill more when I do it like that
imagine having life changing money twice and losing it all because the RNG gods didn't go my way

I get your point and I know that many types of gamblers exist, some who like to document every step and make charts of how they are performing and others who just take whatever money they get their hands on and throw it in the game.

As long as you are happy with what you do, it is fine. Just make sure you dont spend too much that your near and dear ones end up in trouble and you end up getting into debts bigger than you can finance.

While tracking the bets does have its advantages it does not change the odds no matter how hard you try to find a pattern, it does show how bad you have been doing so you end up taking a break.

Lucasgabd

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There's no need to be upset

Quote from: Hazink on December 02, 2024, 12:37:03 PM

Quote from: tread93 on November 30, 2024, 02:42:00 AM

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

Even if someone doesn't have a target for what they want to achieve from gambling or the profit margin to be calculated, the record keeping might also help check and balance the random spending on gambling to check if they have actually spent more than they imagine.

Like myself, I don't gamble much, but at times I wake up, fund my account, and try out new games that might be of interest to me. It is not something I do on a regular basis, but I also do have a limit to which I don't want to spend in gambling every month.

I don't gamble much too but when I do I go all in and lose all my money
I can feel the thrill more when I do it like that
imagine having life changing money twice and losing it all because the RNG gods didn't go my way

this is my life
this is how I do

Hazink

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Quote from: tread93 on November 30, 2024, 02:42:00 AM

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

Even if someone doesn't have a target for what they want to achieve from gambling or the profit margin to be calculated, the record keeping might also help check and balance the random spending on gambling to check if they have actually spent more than they imagine.

Like myself, I don't gamble much, but at times I wake up, fund my account, and try out new games that might be of interest to me. It is not something I do on a regular basis, but I also do have a limit to which I don't want to spend in gambling every month.

Lucasgabd

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There's no need to be upset

Quote from: tread93 on December 01, 2024, 01:54:24 AM

Quote from: Frankolala on November 30, 2024, 06:02:03 AM

Quote from: tread93 on November 30, 2024, 02:42:00 AM

Quote from: Ruttoshi on November 04, 2024, 03:46:01 AM

I like the idea and it is for people who really care about making a fortune from gambling. This will be too much for me, because I gamble when I am free in my leisure time with the money that I can afford to lose.

I have a gambling budget for my gambling activities, and I don't want to be a professional gambler because no matter how you try to find different ways to outsmart gambling, you will still lose more than the amount you will win in the long run. You cannot win the desired money you want but you can limit your losses by gambling responsible and stop at the right time.

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

All those precious time that a gambler will be wasting on keeping record of his gambling activities on spreadsheet is enough to do something more beneficial to this. It's gamblers that are being too serious with their gambling activities that might go this far, and not someone like me that already have my gambling budget available and only gamble for fun.

I mean keeping track isn’t too far but to what point and what dollar amount lost makes it too far to continue? These gamblers are fully committed to a life of self destructive habits and even if they keep track and notice how badly in the hole they are they just continue on even still because why not right? What else have they got to liose at that point? The last leg of despair for some folks I’m sure that’s like when folks call that suicide hotline or want to take their own life or something like this. Oftentimes the loss can be too great and too devistating to continue to bear. Pray for these people 🙏

if you don't have other things in place like at least some stability you should probably avoid gambling
thought what usually happens is the opposite, people who are more in need are more attracted by the promess of easy gains and of making a lot out of really little effort

this is how it goes

tread93

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Quote from: Frankolala on November 30, 2024, 06:02:03 AM

Quote from: tread93 on November 30, 2024, 02:42:00 AM

Quote from: Ruttoshi on November 04, 2024, 03:46:01 AM

I like the idea and it is for people who really care about making a fortune from gambling. This will be too much for me, because I gamble when I am free in my leisure time with the money that I can afford to lose.

I have a gambling budget for my gambling activities, and I don't want to be a professional gambler because no matter how you try to find different ways to outsmart gambling, you will still lose more than the amount you will win in the long run. You cannot win the desired money you want but you can limit your losses by gambling responsible and stop at the right time.

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

All those precious time that a gambler will be wasting on keeping record of his gambling activities on spreadsheet is enough to do something more beneficial to this. It's gamblers that are being too serious with their gambling activities that might go this far, and not someone like me that already have my gambling budget available and only gamble for fun.

I mean keeping track isn’t too far but to what point and what dollar amount lost makes it too far to continue? These gamblers are fully committed to a life of self destructive habits and even if they keep track and notice how badly in the hole they are they just continue on even still because why not right? What else have they got to liose at that point? The last leg of despair for some folks I’m sure that’s like when folks call that suicide hotline or want to take their own life or something like this. Oftentimes the loss can be too great and too devistating to continue to bear. Pray for these people 🙏

ethereumhunter

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Quote from: Zadicar on November 30, 2024, 12:41:46 AM

As long you would really be that seeing to be beneficial on your part then it will really be that not a bad idea on making use of some spreadsheets or whatever it would be as long you do see it to be useful then
make use of it. If you do find some non relevance of such stuff then it is really that needed for you to make use but if not then just bet into typical behavior on which there's no way that you could be able to make yourself that avoid whenever you do find up some ways or methods on which you do seem that it will really be working for you or something that brings up that kind of winning chance. We do know that when it comes into this aspect on which we do really continue up to find up ways or methods on which this is something that will really that making ourselves at least having that advantage.

At least we know what ways that can help us to prevent the big lose or manage our gambling activity so that will not makes us in trouble. We can't let ourselves playing gambling excessively without control so we can use spreadsheet to monitor our cash flow in gambling and limit the money if we think we almost excessively in gambling. We can do other things besides of having a spreadsheet but we must discipline to do the way because managing our control in gambling is not easy since the temptation can become bigger anytime.

Lida93

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People who will want to make spreadsheets for tracking their gambling records and outcomes are those gamblers who take the activity as a means of income, or perhaps, a side hustling source. From the op, such a spreadsheet setup is no different from that of a business venture's. Making a tracking record of my bets isn't my thing despite the advantage listed it's just not my thing for now. Am good without how I gamble.

freedomgo

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Quote from: EarnOnVictor on November 30, 2024, 06:59:09 AM

It's nice to read a thing like this again but I have never found a reason to use it in my gambling escapade, it has always been a responsible gambling on my part. But for those who are facing one challenge or the other with gambling, particularly those who believe they are not accountable in their gambling activities and bankroll, there is nothing bad in having a good price like this. It will curb/control a lot in a positive manner and I've even bookmarked it for future reference.

Maybe we already know that this isn’t for everyone, because a lot of gamblers don’t even realize how important a sports betting spreadsheet is. The thread’s title is about how to become a pro, and to be a pro, you need to understand what you’re doing since your performance directly affects your profitability.

As a pro, you’ll track your profit/loss and win/loss ratio based on your selections. with the number of games you'll play and the time spent gambling, it’s nearly impossible to remember everything. That’s why spreadsheets exist, not just to keep a record of your bets but also to analyze the data. The main goal is to improve and stay consistent in the long run, that's why spresheet is necessary.

EarnOnVictor

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Quote from: Botnake on November 04, 2024, 03:37:31 AM

-snip-
So, sports bettors, has it ever crossed your mind to keep a spreadsheet?

It's nice to read a thing like this again but I have never found a reason to use it in my gambling escapade, it has always been a responsible gambling on my part. But for those who are facing one challenge or the other with gambling, particularly those who believe they are not accountable in their gambling activities and bankroll, there is nothing bad in having a good price like this. It will curb/control a lot in a positive manner and I've even bookmarked it for future reference.

Frankolala

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Quote from: tread93 on November 30, 2024, 02:42:00 AM

Quote from: Ruttoshi on November 04, 2024, 03:46:01 AM

I like the idea and it is for people who really care about making a fortune from gambling. This will be too much for me, because I gamble when I am free in my leisure time with the money that I can afford to lose.

I have a gambling budget for my gambling activities, and I don't want to be a professional gambler because no matter how you try to find different ways to outsmart gambling, you will still lose more than the amount you will win in the long run. You cannot win the desired money you want but you can limit your losses by gambling responsible and stop at the right time.

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

All those precious time that a gambler will be wasting on keeping record of his gambling activities on spreadsheet is enough to do something more beneficial to this. It's gamblers that are being too serious with their gambling activities that might go this far, and not someone like me that already have my gambling budget available and only gamble for fun.

danherbias07

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Quote from: tread93 on November 30, 2024, 02:42:00 AM

Quote from: Ruttoshi on November 04, 2024, 03:46:01 AM

I like the idea and it is for people who really care about making a fortune from gambling. This will be too much for me, because I gamble when I am free in my leisure time with the money that I can afford to lose.

I have a gambling budget for my gambling activities, and I don't want to be a professional gambler because no matter how you try to find different ways to outsmart gambling, you will still lose more than the amount you will win in the long run. You cannot win the desired money you want but you can limit your losses by gambling responsible and stop at the right time.

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

I have done this before but there will be moments when you will get lazy to input the results of the day. Why? It's because most of your bets lost and I don't think a gambler will be in high energy to input his results in a spreadsheet without even having a win.
So, this kind of strategy is for gamblers who are diligent enough to do it every day even though they didn't even receive a win for that day. We are gamblers, there will be times when we want the results to be in our favor and if it is not, we would rather sleep it off or just take a rest without even doing anything for the day.

tread93

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Quote from: Ruttoshi on November 04, 2024, 03:46:01 AM

I like the idea and it is for people who really care about making a fortune from gambling. This will be too much for me, because I gamble when I am free in my leisure time with the money that I can afford to lose.

I have a gambling budget for my gambling activities, and I don't want to be a professional gambler because no matter how you try to find different ways to outsmart gambling, you will still lose more than the amount you will win in the long run. You cannot win the desired money you want but you can limit your losses by gambling responsible and stop at the right time.

The spreadsheet addition is a great idea! But honestly it does all come down to what your goals are what you’re looking to achieve. Sometimes just walking away from gambling and pouring your energy into something less risky/ complex

Zadicar

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Quote from: ethereumhunter on November 29, 2024, 11:54:02 PM

Quote from: Finestream on November 29, 2024, 06:03:29 AM

Think of it as a guide for your gambling journey, ...when I say journey, I’m talking about aiming for long-term success. I know that it’s not the most exciting part of betting because it adds responsibility, like keeping it updated every time you place a wager... But this is the job, it's not easy but necessary if we want to be successful in the long run. of course, you have to believe it first it will happen to you before you try your journey, otherwise you'll loss your courage to continue when you face challenges along the way.

Yes, when we can use spreadsheet as our tools in our gambling journey, we will see what is the outcome that we get from gambling. We can be wise in term of using the money to playing gambling and we will not just spends the money to chase the win instead will always prevent the big lose. We know that we must discipline using that spreadsheet and must write the outcome after we finish our gambling activity. Only by that, we can know the progress and if that help us to monitor our gambling activity, we will not have a problem instead will enjoy our gambling activity. Yes, the spreadsheet help us to check the money flow for playing gambling so we can stick to our allocating amount of the money.

As long you would really be that seeing to be beneficial on your part then it will really be that not a bad idea on making use of some spreadsheets or whatever it would be as long you do see it to be useful then
make use of it. If you do find some non relevance of such stuff then it is really that needed for you to make use but if not then just bet into typical behavior on which there's no way that you could be able to make yourself that avoid whenever you do find up some ways or methods on which you do seem that it will really be working for you or something that brings up that kind of winning chance. We do know that when it comes into this aspect on which we do really continue up to find up ways or methods on which this is something that will really that making ourselves at least having that advantage.

ethereumhunter

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Quote from: Finestream on November 29, 2024, 06:03:29 AM

Think of it as a guide for your gambling journey, ...when I say journey, I’m talking about aiming for long-term success. I know that it’s not the most exciting part of betting because it adds responsibility, like keeping it updated every time you place a wager... But this is the job, it's not easy but necessary if we want to be successful in the long run. of course, you have to believe it first it will happen to you before you try your journey, otherwise you'll loss your courage to continue when you face challenges along the way.

Yes, when we can use spreadsheet as our tools in our gambling journey, we will see what is the outcome that we get from gambling. We can be wise in term of using the money to playing gambling and we will not just spends the money to chase the win instead will always prevent the big lose. We know that we must discipline using that spreadsheet and must write the outcome after we finish our gambling activity. Only by that, we can know the progress and if that help us to monitor our gambling activity, we will not have a problem instead will enjoy our gambling activity. Yes, the spreadsheet help us to check the money flow for playing gambling so we can stick to our allocating amount of the money.

Lucasgabd

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There's no need to be upset

Quote from: Botnake on November 28, 2024, 05:36:00 PM

Quote from: Lucasgabd on November 28, 2024, 09:29:20 AM

I think these are two separate things, tracking gives you clarity, information, it won't necessarily make you chase losses
I'd say the best is probably not gambling at all but second best is what you mentioned, managing risk

this is the thing

Keeping a spreadsheet can really change your mindset to focus on the long term instead of getting caught up in short-term wins and losses, this way, you avoid chasing losses, which is a common habit of gamblers who only think short term.

With a spreadsheet, even if you hit a cold streak, you won’t get too frustrated because you already know from the start that losing streaks are part of the game, and also, it helps you mature as a gambler. And because we all want to win, having the right tools, like a spreadsheet to track your bets, is a good first step toward gambling smarter and staying disciplined.

it is hard that's why most won't do it
I mean, easy but needs effort and discipline

if you have data over time a cold streak won't put you down, specially if you are managing risk correctly
though, how many really do it?

Finestream

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Quote from: ethereumhunter on November 29, 2024, 05:52:32 AM

Having a spreadsheet can help us to know what happen to us and what we need to do to prevent the bigger losses. That also help us to track our gambling activity while we can be wise in gambling. We will not wants to chase the win or recover our losses because that can give us more problem.

Think of it as a guide for your gambling journey, ...when I say journey, I’m talking about aiming for long-term success. I know that it’s not the most exciting part of betting because it adds responsibility, like keeping it updated every time you place a wager... But this is the job, it's not easy but necessary if we want to be successful in the long run. of course, you have to believe it first it will happen to you before you try your journey, otherwise you'll loss your courage to continue when you face challenges along the way.

ethereumhunter

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Quote from: Botnake on November 28, 2024, 05:36:00 PM

Keeping a spreadsheet can really change your mindset to focus on the long term instead of getting caught up in short-term wins and losses, this way, you avoid chasing losses, which is a common habit of gamblers who only think short term.

With a spreadsheet, even if you hit a cold streak, you won’t get too frustrated because you already know from the start that losing streaks are part of the game, and also, it helps you mature as a gambler. And because we all want to win, having the right tools, like a spreadsheet to track your bets, is a good first step toward gambling smarter and staying disciplined.

If they can use the spreadsheet better, they will not loss much in gambling because they always check the spreadsheet and see how much they already wins and loss. They will also avoids chasing the losses as they know that can makes their losses bigger than they can imagine. They wants to limits their gambling activity and with a help of their spreadsheet, they know how much money they can spend and know when to stop gambling.

Having a spreadsheet can help us to know what happen to us and what we need to do to prevent the bigger losses. That also help us to track our gambling activity while we can be wise in gambling. We will not wants to chase the win or recover our losses because that can give us more problem.

Ziskinberg

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Quote from: Sandra_hakeem on November 28, 2024, 05:58:42 PM

A story was once posted in here not too long ago.. it was about a guy that managed to wager over $500,000 in one night (if my memory serves me right)
In my opinion, this are the set people that'd prolly need aids on tracking their betting histories the most, but they don't even seem to have an interest on anything like that.

I don’t think bankroll management even applies at that level anymore. The general rule says your bet should be a max of 5% of your bankroll, so if someone’s betting $500k on a single play, that means they’ve got a $10 million bankroll. So for sure this gambler isn’t following that rule. High-stakes gamblers usually take bigger risks, and decisions like that are off the charts risky.

If they were using a spreadsheet, it might have helped avoid this, as it gives you a system to stick to. But then again, if they’re willing to break the system, even the best tools won’t save them, sad truth.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Mhan, does anyone really GAF about how much they spend, to the point of creating a spreadsheet for it like some payment schedule/scheme?

Quote from: Botnake on November 28, 2024, 05:36:00 PM

Keeping a spreadsheet can really change your mindset to focus on the long term instead of getting caught up in short-term wins and losses, this way, you avoid chasing losses, which is a common habit of gamblers who only think short term.

I agree to your point 100%, but I've also observed some sort of indiscretions about gamblers with higher stakes - they'll always have other habits that makes them degenerate, thereby making risky decisions with huge stakes. A story was once posted in here not too long ago.. it was about a guy that managed to wager over $500,000 in one night (if my memory serves me right)
In my opinion, this are the set people that'd prolly need aids on tracking their betting histories the most, but they don't even seem to have an interest on anything like that.

Botnake

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Quote from: Lucasgabd on November 28, 2024, 09:29:20 AM

I think these are two separate things, tracking gives you clarity, information, it won't necessarily make you chase losses
I'd say the best is probably not gambling at all but second best is what you mentioned, managing risk

this is the thing

Keeping a spreadsheet can really change your mindset to focus on the long term instead of getting caught up in short-term wins and losses, this way, you avoid chasing losses, which is a common habit of gamblers who only think short term.

With a spreadsheet, even if you hit a cold streak, you won’t get too frustrated because you already know from the start that losing streaks are part of the game, and also, it helps you mature as a gambler. And because we all want to win, having the right tools, like a spreadsheet to track your bets, is a good first step toward gambling smarter and staying disciplined.

Topic: Study to become a pro and track your bets with a spreadsheet. (Read 1850 times)