Quote from: TheUltraElite on Today at 10:51:28 AM

Quote from: masulum on March 08, 2024, 10:48:58 AM

Indeed, for those who are able to control their finances when gambling, this will only a waste of time. However, it's a good idea for those who can't gamble for fun, to keep track of their gambling activities so they can control their limits.

I would agree but in reality it is rather the opposite. Those who are having an obsession about their total wins and actually wins a lot might keep a spreadsheet of balances but one who gambles like anything without any tracking of their bankroll avoids doing all this stuff. The second group actually needs to do this but they dont care much till they end up in a loss.

Indeed professional players might be doing this, but the more you do it the less you are inclined to gamble because you feel the remorse of having spent that much money which you would have used for something better.

Awareness and strategies should be align with each other. Professional players and those who approach gambling with a strategic mindset often maintain detailed spreadsheets of their balances and outcomes. They do this because it helps them analyze their performance, identify patterns, and make informed decisions about their gambling activities. People who gamble impulsively and without tracking their bankroll may overlook the potential consequences of their actions. They may not fully comprehend the extent of their losses until they find themselves in a significant financial setback.

Maintaining a record of wins and losses can serve as a reality check for gamblers, prompting them to reflect on their spending habits and consider whether their gambling activities align with their financial goals and priorities. The process of tracking and analyzing one's gambling behavior can foster a sense of accountability and encourage responsible decision-making. If anything, gamblers should reassess their approach to gambling and seek healthier alternatives for utilizing their funds.