I have experienced the same. Spending small amounts frequently and not tracking it, keeps me think that did i spend this much of amount within these few days? Like wise it might be on gambling i suppose. Playing with small money and not tracking it, may not support to calculate how much we spent and how much profit we have earned. Its always satisfying to track even the small expenses and small profits as well.
Many of us have that experience and fail to manage the funds for playing gambling because we feel that the game is attractive and can make us enjoy it. If we can not manage or track how much money we use in gambling, we will lose too much money and if we lose, it is difficult to recover that money. But if you can manage your funds, you can play for small money and not have to worry about anything because you can track how much you spend. 
Topic: Weekly/monthly financial statements, which do you prefer? - page 3. (Read 1554 times)
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
This is actually quite easy to explain. "small" but regular expenses, although not noticeable at any given moment, eventually add up to a large amount. If a gambler makes a lot of small deposits, then he may not think about the final amount, and he will most likely be too lazy to make calculations himself.
Obtaining such a report is very useful in my opinion, since it is quite easy to come to terms with the loss of 20 or 50 dollars, but if you see that in a month you have lost, for example, 1000 dollars, then you can draw conclusions about saving on gambling since 1000 dollars can be spent more profitably in other areas.
I have experienced the same. Spending small amounts frequently and not tracking it, keeps me think that did i spend this much of amount within these few days? Like wise it might be on gambling i suppose. Playing with small money and not tracking it, may not support to calculate how much we spent and how much profit we have earned. Its always satisfying to track even the small expenses and small profits as well.
as we will not see this kind of feature from casinos anytime soon, and if you want to check your spending habits, for now, just be contented to check your deposit history from your casino as well as your withdrawal history. i don't think the casino will still be responsible on how you manage your funds. this is how responsible gamblers can do, track their own funds. definitely, it would be nice to receive some kind of financial statements from casinos, but not seeing this feature to be implemented anytime soon
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
This is actually quite easy to explain. "small" but regular expenses, although not noticeable at any given moment, eventually add up to a large amount. If a gambler makes a lot of small deposits, then he may not think about the final amount, and he will most likely be too lazy to make calculations himself.
Obtaining such a report is very useful in my opinion, since it is quite easy to come to terms with the loss of 20 or 50 dollars, but if you see that in a month you have lost, for example, 1000 dollars, then you can draw conclusions about saving on gambling since 1000 dollars can be spent more profitably in other areas.
I have experienced the same. Spending small amounts frequently and not tracking it, keeps me think that did i spend this much of amount within these few days? Like wise it might be on gambling i suppose. Playing with small money and not tracking it, may not support to calculate how much we spent and how much profit we have earned. Its always satisfying to track even the small expenses and small profits as well.
somehow a gambler must occasionally make a list for his month in gambling and the income he gets from gambling.
Even you are a successful gambler, probably you will never do that.When a gambler is continuously losing then definitely he will hate to see his losses again and again which must be the reason why such a gamblers are never preferring to go for summarizing their gambling activities in terms of profits and losses.
When you are profitably gambling then probably you will never find time to go for preparing those financial statements of your gambling activities.
But, when you are making statements of your profits and losses which definitely bring changes in your habit of spending for gambling.
You are right, a gambler may not all detail his expenses and income, but some economists who like to gamble more to the financial management system are quite good, and that I witnessed a neighbor who was so proficient at gambling, then I asked him what strategy he used when he was afraid to gamble.
he just said: "it's simple you just need to manage what you bet and how much you earn. When I reached the point of loss, I stopped it so it wasn't too big. And one more thing if you have reached the profit percentage target, then take it and withdraw the whole game".
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because i'm used to management then monthly financial statements sound more professional....for someone like me who rarely gambles then the monthly report is much better. besides that i can also sort it out with my other expenses, so i can easily monitor that.
It's really not so easy as it sounds except you are highly deciplined. Early last month I made an estimated budget of how much I will stake for the month and to my greatest surprise I didn't know when I went back to my savings to gamble more although the amount I took wasn't much but going against my budget is really my emphasissomehow a gambler must occasionally make a list for his month in gambling and the income he gets from gambling.
Even you are a successful gambler, probably you will never do that.When a gambler is continuously losing then definitely he will hate to see his losses again and again which must be the reason why such a gamblers are never preferring to go for summarizing their gambling activities in terms of profits and losses.
When you are profitably gambling then probably you will never find time to go for preparing those financial statements of your gambling activities.
But, when you are making statements of your profits and losses which definitely bring changes in your habit of spending for gambling.
because i'm used to management then monthly financial statements sound more professional....for someone like me who rarely gambles then the monthly report is much better. besides that i can also sort it out with my other expenses, so i can easily monitor that.
It's really not so easy as it sounds except you are highly deciplined. Early last month I made an estimated budget of how much I will stake for the month and to my greatest surprise I didn't know when I went back to my savings to gamble more although the amount I took wasn't much but going against my budget is really my emphasis Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again. Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
Which means the concept of gambling is not detailed at all. Doesn't that sound like a waste that doesn't count losses. Maybe he gambles quite freely and doesn't care how much he has to spend on it, but in fact, somehow a gambler must occasionally make a list for his month in gambling and the income he gets from gambling.
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
This is actually quite easy to explain. "small" but regular expenses, although not noticeable at any given moment, eventually add up to a large amount. If a gambler makes a lot of small deposits, then he may not think about the final amount, and he will most likely be too lazy to make calculations himself.
Obtaining such a report is very useful in my opinion, since it is quite easy to come to terms with the loss of 20 or 50 dollars, but if you see that in a month you have lost, for example, 1000 dollars, then you can draw conclusions about saving on gambling since 1000 dollars can be spent more profitably in other areas.
Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again. Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
on just simply using up the website because those numbers you've been needing like overall wagered/profit/losses are there and if you do intendly to look on about betting history
then you could always check it because all of sites do have that history which its impossible that there are no previous bets that a player couldnt able to check out.
This is why it isnt really that much needed if you do ask me.
Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again. Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
I don't understand how you can not know how much you have lost without using reports. If you use credit card funds to play, you can see your spending history. If you use cryptocurrency then all information is available on the blockchain.
Definitely yes. Not everyone has the same thinking. While some do keep a track of their deposits, withdrawals, wins and loss the others just play for fun and don't keep a track of their amount.
But it would definitely be a good idea if a gambling website is showing you the daily, weekly and monthly win/loss bets/amount.
It would give the users a better understanding of their money and help them keep a track of it.
Some of us used not to track their expenses let say even if it is not in gambling or for some kind of stuff they spend but for me in my case I used to track down my daily expenses even if it comes to investment or gambling I used to take down note all of this because I am one of a forgetful type of person so I need some thing to remind me and audit my own expenses, investment and entertainments by the end of the month. Aside from this also it is the simplest way to remind you that maybe you are already overspending this month or this particular time so it would send you a hint to minimize some of your spending stuff things in life.
That's right. Keeping a track of your income and expenses gives you a detailed info on how much you are spending on particular things.
You can note the amounts and then gradually allocate a certain budget for each category which will help you manage your expenses well.
Money management is a skill that everyone should develop. Once you master, you can utilize your income to the fullest while getting maximum benefits out of it.
Hahaha, I think that is happening to us
But no matter how hard, we must try it because that is for our own good.
We need to take care of our money. Otherwise, we will not have a chance to manage it when we gamble.
Exactly, only we can change ourselves and make ourselves more responsible for what we are doing. But no matter how hard, we must try it because that is for our own good.
We need to take care of our money. Otherwise, we will not have a chance to manage it when we gamble.
Sometimes, something hard will lead us to be better in the future, than regretting in the future.
Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Not many will have that time before or after the play, most forget about it either they win or lose.Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Most of the time this will happen as gamblers really forget they are not that good remembering what the task for their owns elf.It needs more effort to admit to writing whatever the result is because we can feel sad and mad to see the result is lost.
Precisely, your dedication will bring you to deal with this even you'll going to see that you spent a lot for this activity.But that report is really useful for us to always know about managing our money so we do not use more money to gamble.
Useful to minimize and to avoid exceeding to your limitations, and most of those successful gamblers find this setup very helpful to tract both win and lose amount.Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again. Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
But no matter how hard, we must try it because that is for our own good.
We need to take care of our money. Otherwise, we will not have a chance to manage it when we gamble.
Not just it helps me to manage my money and risks, but to settle down things within my bankroll for that week so I don't get out of money by gambling 'too much'. I keep 25% of my profits aside for a profitable day, settle those profits on days when I lose more, but my major rule is not to run behind money that's lost because chasing never gets us winnings, but patience does. And being calculative while gambling helps understand ourself better that what kind of a gambler are we and what must be looked into to make our gambling experience more better and long lasting.
Every money management will give certain impacts to others followings. It has become one of the habits to do if you always do so. When some people are getting into the gambling world, they may have their own ways to gamble, maybe some of us are like what you are doing. But some others may not do that and prefer to only gamble as they like without considering how much lost and how much won. Yes, it is. Not many people may do that because they constantly need to write the result every time they finish gamble.
Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Sometimes, this is the reason why we forget or are not willing again to take note of what we have spent at that time. Moreover, if we are saying tomorrow, maybe tomorrow will also say tomorrow again. Some people will say to themselves to write it tomorrow before they start gambling, but they can forget it because they want to start gambling.
Just only be sure that you arent risking the amounts that you cant afford to lose and you are still not compromising your life savings or emergency funds.
Exactly, otherwise, we are changing the principle of gambling, we are only supposed to gamble our excess funds but if we risk our life savings or emergency funds it's like we are risking our future for gambling which we don't know we will be successful or not. Financial management is necessary, but only up to the amount that we allocate in gambling and it should only be a small amount from our total savings or income. 
Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.
This is good for your own assessment so you can know if you still have funds to gamble in the next days, monitoring such activities can be a big help, this is managing your time and money with gambling. Though I’m thinking now, that Monthly is the best option for me even if I usually gamble with fiat money and there’s no monthly report on the site aside from my own monitoring files, unfortunately i always forgot to record so I also prefer to have reports from gambling site which I don’t see any yet that offer this kind of services aside from doing it manually. not just on spending up randomly without even realizing that you are already losing that much but well there are people who doesnt really care about this manner as long they do able to get
on what they do seek in terms of leisure times then this is really depending on certain gambler or person.
Just only be sure that you arent risking the amounts that you cant afford to lose and you are still not compromising your life savings or emergency funds.
Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.
This is good for your own assessment so you can know if you still have funds to gamble in the next days, monitoring such activities can be a big help, this is managing your time and money with gambling. Though I’m thinking now, that Monthly is the best option for me even if I usually gamble with fiat money and there’s no monthly report on the site aside from my own monitoring files, unfortunately i always forgot to record so I also prefer to have reports from gambling site which I don’t see any yet that offer this kind of services aside from doing it manually.
Personally, I would prefer to to have a bi-weekly as it just give me some leverage and as well know how the mid month standing is so that ca plan my second half of the month accordingly. Weekly I guess for me will be too much with data fillings and managing it.
Definitely yes. Not everyone has the same thinking. While some do keep a track of their deposits, withdrawals, wins and loss the others just play for fun and don't keep a track of their amount.
But it would definitely be a good idea if a gambling website is showing you the daily, weekly and monthly win/loss bets/amount.
It would give the users a better understanding of their money and help them keep a track of it.
Some of us used not to track their expenses let say even if it is not in gambling or for some kind of stuff they spend but for me in my case I used to track down my daily expenses even if it comes to investment or gambling I used to take down note all of this because I am one of a forgetful type of person so I need some thing to remind me and audit my own expenses, investment and entertainments by the end of the month. Aside from this also it is the simplest way to remind you that maybe you are already overspending this month or this particular time so it would send you a hint to minimize some of your spending stuff things in life.
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