Post
Topic
Board Gambling discussion
Re: Threshold of Loss in Gambling
by
pawanjain
on 10/08/2022, 15:08:30 UTC
My strategy is not to exceed the loss threshold in gambling by making a maximum deposit of 20% of my savings to enjoy the game, and when the balance runs out I must stop so it doesn't have a big impact on my finances.
Honestly, this one is good a advice a very good one. We should learn to manage everything so that we can have a peace of mind. At first, it is very hard to have this discipline but it can save us from being wreck and in debt. In my own perspective, I am saving the 30% of my salary, 30% for recreational activities and other things I needed to buy and then 40% will be for my family expenses, playing gambling is also included in that 30% so that when I reach that amount even though I am winning but I already used all to bet again, I will stop right away.

Well, if you are using a part of your 30% savings for gambling then it is still better but as @inanilujimi mentioned that he is depositing a maximum of 20% of his savings then I think that's bad.
20% of savings is a big deal. For an middle class person 20% savings will buy him food for the entire month for his family.
Again, that depends on person to person but for me I would never gamble more than 10% of my savings.
So that's my threshold limit in gambling.