Post
Topic
Board Gambling discussion
Re: Not keeping records makes me a bad gambler?
by
Oilacris
on 24/10/2023, 22:58:15 UTC
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 is something that you don't do regularly, like once in a few months, then I don't think you have to keep records of anything as long as you haven't gambled heavily. But another reason to keep records of your profit is because of the taxes. If you win big, you must report it and pay your taxes on what you have won. And also if you are a regular gambler, then yes, it is best to keep records for your own good. It will help you organize financial costs/aspects more easily. It will also help you know if you are spending over the limit or not and if you should stop soon.
Even if we do say that you are playing on everyday but doesnt mean that you would really needing to have that track of your gambling expense or betting yet seeing those numbers in accumulation would really be just making you that desperate on the time that you are seeing some significant amount and this is the main reason on why i dont really make myself having those tracks because instead on giving out benefit, it would really be that rather giving out that kind of negative impact into you. Well, it does really depend on a certain person because not all would really be that
confident about their spending and this is why they would really be needing that track but in overall it doesnt really have make sense because you would really be still be continuing on doing gambling.
What matter the most on here is that you should really be having that kind of moderation in terms of spending money with gambling because having no control would really be ending up
into those impulsive approach which we know that it would really be a huge disadvantage.