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Topic: Your betting budget - page 23. (Read 4959 times)

legendary
Activity: 2492
Merit: 1145
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July 15, 2021, 02:55:18 PM
#49
Honestly, when I was a gambling addict before, The budget doesn't matter and I will always gamble if there is available money to play. Yeah, it's very hard that time and I know that my action is wrong but today I removed my gambling addiction but still play gambling. I always allocate a certain amount in a single gambling session that is occurring 1-2 times a week depending on the mood I have. I don't go past my limits or break my rules. If I lose my allocated capital for that day, I will stop and not look back for my losses. Also, my gambling budget is quite small, Most of the time I am allocating myself $15 for each gambling session I do.
legendary
Activity: 3094
Merit: 1127
July 15, 2021, 02:30:46 PM
#48
It's hard to allocate a monthly budget on my part, I may end up losing everything before my monthly allocation so I prefer allocating my gambling budget on a weekly basis and actively playing before the weekend if I get lucky and win I will add my winnings for the next week allocation, I never add more on my gambling allocation, because if I do it will lead to cheating myself and I will likely get hook on gambling.
You can still lose that monthly earnings if you do still spent on weekly basis so it doesnt matter as long you do have money to spent then everything would really be at risk on losing it all.

Betting budget is something to be random because we can play everytime if we want to and if we do have money to spend then we would definitely be tending to gamble next.

Budget or money allocation is depending on you and on my part i cant risk more than $100 on my monthly budget.
legendary
Activity: 2618
Merit: 1181
July 15, 2021, 12:13:44 PM
#47
Although so far I can control the use of money on gambling less than before but I still quite often spend 10% or more of my monthly income. Actually it really depend on the desire and the amount of free time throughout the weekend which I usually fill with relaxing a bit. I never specifically check how much I spend each month, but an average of 5-10% seem to be the amount I still spend most month gambling and having fun with friends and family.

By the way, I gamble more at night than during the day. I feel more relaxed at night and I still do it almost every weekend. Do you guys have the same habit?
sr. member
Activity: 1022
Merit: 252
July 15, 2021, 11:36:12 AM
#46
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I do gambling only when I have spare money and it wont exceed $100. Fortunately, I can control myself not to gamble when I'm in a tight financial situation. I wouldn't force myself to gamble during tough times because that can make it more complicated.
full member
Activity: 1638
Merit: 122
July 15, 2021, 10:23:24 AM
#45
why allocate money for the things that you dont need? why not buy inexpensive things but books are important because you can gain knowledge from it .
you should not budget your self for that and gambling can be essential too in life because we can feel relax and enjoy when we play gambling.  3 to 5 % percent per month in gambling is small but you can try increasing that.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
July 15, 2021, 10:17:15 AM
#44
I always set aside my opinion to gamble but no more than 5% and after payment from my signature I always set aside 15% meaning that in my money allocation this is not too big and 20% of the total for me is enough to bet on games that I like that usually there is no swelling if it is controlled and I can do whatever I like for shopping and other purposes.

Sometimes the swelling is always there but I can no longer do the things that are needed and usually this will be a bet for the next month to be reduced so every month I always check the overall bookkeeping in this gambling history.
legendary
Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
July 15, 2021, 10:14:06 AM
#43
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

The way he handles finances are spectacular, when a salary is paid, it is always good to plan when living in a country with a really stable economy, in my case the administration changes a bit for the economic system to be unstable with great rampant inflation, I think that in my case for the game I would allocate only 1% maximum 1.5%, it is really the most important thing to try to allocate something for fun, for many the fun does not see it as something that is needed, but really so much for health mental and physical is needed.
sr. member
Activity: 2268
Merit: 275
July 15, 2021, 10:11:52 AM
#42
Not much different from what you budget for gambling, I also have some fairly regular arrangements that set aside almost 10% of my monthly income. and it will be routine when I have a satisfactory income at the end of the month. however as we all know, recent earnings, are not very erratic and it has also
changed the budget system for gambling for me personally. where I have to reduce the original 10% per month, now it's only around 3-6% and that's something I have to prioritize. because after all the needs out there are often urgent for us to take.

this depends on the conditions of adequate needs and a relative income level of at least 80% per month.
full member
Activity: 1708
Merit: 126
July 15, 2021, 09:56:50 AM
#41
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets, and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I believe that proper budgeting is a form of self-discipline for us to know how to spend our finances appropriately. I usually allocate 5% of my salary for my salary for gambling and I try my best not to exceed. Self-control is really important when it comes to spending money on gambling because being unable to control yourself would only lead to gambling addiction. So far, 5% is already enough and that became my routine.
legendary
Activity: 3178
Merit: 1054
July 15, 2021, 09:39:51 AM
#40
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I live in a backward country, so on the one hand, I have to save a lot, even if I have a certain freedom in money, but in fact I don't do it. I believe that the positive emotions received here and now is undoubtedly a profitable investment than a ghostly profit from money set aside for the future. Naturally I'm talking about family fun, not personal. I spend a small percentage of money from signature campaigns or other unplanned income on personal entertainment.

saving a lot myself as well. the only i would gamble are the ones i earn here in the forum. i rarely bet $50 for a match that i think i will win like the fight of connor and poirer and i lose. if i have to spend my money from the income i get from my job, its usually for my kids and my bills.  there is nothing to spend unless my friends come and spend for me and drink beer which i'm already ashamed they are the ones buying my beer.

i don't budget for my gambling because i don't spend a lot. can't remember i spend $100 but that was the time BTC goes $20k for the first time.
legendary
Activity: 2464
Merit: 1943
Leading Crypto Sports Betting & Casino Platform
July 15, 2021, 09:34:40 AM
#39
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I live in a backward country, so on the one hand, I have to save a lot, even if I have a certain freedom in money, but in fact I don't do it. I believe that the positive emotions received here and now is undoubtedly a profitable investment than a ghostly profit from money set aside for the future. Naturally I'm talking about family fun, not personal. I spend a small percentage of money from signature campaigns or other unplanned income on personal entertainment.
legendary
Activity: 2758
Merit: 1228
July 15, 2021, 09:32:51 AM
#38
a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

Don't have any exact figures since I don't like to calculate my capital and loss since its really depressing to see how big the amount we are dealing  with casinos that's why I forget about it since the amount I only bet is just a few bucks and it will not exceed in hundreds if I'm playing on dice,cards and slots. But if I do sports betting then I can exceed at hundred bucks above in a single bet since I always love to bet on sports rather than spending on other games since for me its really not a good decision to make.
legendary
Activity: 2338
Merit: 1775
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July 15, 2021, 09:22:08 AM
#37
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?

I have only partial control over my finances.  I keep records of my income, but I do not keep records of my expenses. 

I have a special program on my smartphone to control cash receipts.  The same program is installed on the laptop.  They are synchronized with each other. 

I try to maximize my income. 

How much money do I spend on gambling?  I dont know! 

When I gamble, I usually drink alcoholic beverages.  I'm having fun. 

There is no mood to control your expenses.
member
Activity: 336
Merit: 16
July 15, 2021, 09:05:09 AM
#36
I only budget my leftover for gambling and will never touch my savings or income for gambling as I only gamble for fun and nothing more, I guess those addicted to gambling are the only ones willing to spend extra money such as salary and even loans to gamble but every responsible gambler have a set target amount for gambling and will never go out that amount on gambling.
legendary
Activity: 2310
Merit: 2073
July 15, 2021, 09:04:59 AM
#35
My gambling budget depends on how many times a month I visit an online casino. For me, it is enough to visit a gambling site once or twice a month, but sometimes it happens that I just do not manage to visit it. The main restriction that I set for myself is a deposit of no more than $100.
member
Activity: 316
Merit: 73
Designing for everyone
July 15, 2021, 08:23:55 AM
#34
I don't really have a budget when I play but my wallet usually has 20$-$50 when I decide to play. I guess you can call that as a budget but I do not gamble that much unlike you guys do. I rarely have any spare money so usually I only play 1-3x in a month.
sr. member
Activity: 1512
Merit: 326
July 15, 2021, 08:18:55 AM
#33
although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?
I use my extra income from my website and actually had no really specific plan for it, and as gamblers should know the limits, I myself still firmly hold my principles in gambling and for fun, but everyone has their own digits which they consider fine for gambling. some people tought hundred its fine some people are thousand its fine, everybody had different limit.
legendary
Activity: 2604
Merit: 2353
July 15, 2021, 07:22:33 AM
#32
Gambling budget could be the most challenging part for the regular gamblers. Although, one of the safest way is to set aside a certain percentage of your income, but sometimes you'll get hooked up that your forget you're exceeding your budget limit already.
So, I guess it would be safe to say that gambling budget should always come after you have bought and pay all your necessities/groceries, bills, and mortgage, and other necessary financial responsibilities.
Another time, could you stop spamming bro. The question is clear "How do you plan your gambling or fun budget?" and the title of the topic too "Your betting budget". Everyone has explained how they are doing themselves except you. If you don't want to reply to the question, don't (shit)post here because you're Off-Topic.
hero member
Activity: 2716
Merit: 552
July 15, 2021, 06:49:50 AM
#31
Gambling budget could be the most challenging part for the regular gamblers. Although, one of the safest way is to set aside a certain percentage of your income, but sometimes you'll get hooked up that your forget you're exceeding your budget limit already.
So, I guess it would be safe to say that gambling budget should always come after you have bought and pay all your necessities/groceries, bills, and mortgage, and other necessary financial responsibilities.

 
hero member
Activity: 3066
Merit: 629
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July 15, 2021, 06:24:47 AM
#30
I kind o like feeling in control of my finances and that means controlling my spending and being very aware of what goes in and what goes out. I normally check my accounts every month and may make a few decisions on what to spend next month if things are not looking correct. One of the things I do is to set aside 10% of my income for things that I really do not need - expensive clothing, gadgets and electronics, books, games,... and part of that is gambling. For me, a reasonable gambling budget is 3 to 5% of my income, although I may allow more if I have some extraordinary income that month. How do you plan your gambling or fun budget?
How I wish that I can still manage to set aside that percentage just for my own leisure and wants. But to have around 3%-5% for your gambling activity is already a good portion of your whole income. As for my gambling budgeting, I only gamble if it's necessary or I just find myself lonely and I have to gamble. I don't have that much budget on it right now as I'm coping up with some expenses but usually it ain't that much if I want to gamble it's just ranging around $20-$50 if I'm on the right mood to gamble.
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