Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.
So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?
Not keeping records, does this make me a bad gambler?
If it's about trading, then I will definitely keep records on it so I will know which trades need to be improved and which strategies will work for long term. But it's different in gambling, even if you keep records of your wins and losses, that will not change the fact that gambling outcome is very unpredictable and if you don't have the luck and the skills, you will continue to suffer from losses. As gambling is to lose, then it's hard to win when you are beating the house that is always supposed to win.
This is why I don't keep records in gambling. And whatever the amount I have on hand, once I decide it to gamble, I make sure that I'm comfortable even losing all of it. Gambling is mostly pure luck and chances, so I have to accept that it's hard to win in gambling if you don't have what it takes to win.