- If you decide to gamble, you should keep a record of how much money and time you spend on gambling daily. Studies show that gamblers lose track of how much time and money they spend on gambling.
The problem is that it is too difficult to fulfill these requirements accurately and rigidly.
The trouble is a gambler is rarely analytical, outside of certain skill based games where you can get an edge - like poker. Someone who goes to the lengths of recording time and money will most likely be playing a game where it is possible to get an edge or advantage over the house/other players. They will be able to see over a period of weeks or months whether their play is profitable enough versus time spent. As there are almost none cryptocurrency based poker sites, I have to assume that gamblers here is not referring to a skill based game. In which case a gambler will quickly see the futility of recording their profit rate (negative), at which point they will either 1) ignore it and revert back to thrill seeking or 2) have to quit the game or accept that they are giving away money over the long term.