Fact is that if you've never paid attention to how much you spend on your minor wants, chances are high that you can never make proper budgeting for your gambling.
Sometimes, the amount we spend on things that don't add anything to us is always more than the amount we spend on gambling and for gambling expenses, it's even better because there's a chance that you might win and get a return from what you've put into it but for the regular expenses, once it's gone it's gone for good and it's easy to spend so much on small items without even knowing that a lot is already going into such as long as you're not taking record of such expenses.
If you want to practice proper gambling budgeting and see that it works effectively, you first have to start from personal budgeting and then you can easily implement it in your gambling.
What's your take on this?
A gambler that fails to have budget and then gambling budget has failed to be a successful gambler and will end up using all his money for gambling.
Having budget helps you minimizes losses and help you manage your finance since gambling wins are not guaranteed. Having a personal budget for your personal expenses makes it more easier for you to set out a gambling budget, because it will give you a proper balance of your left over which from there you will be able to know how much will be allocated to gambling weekly or monthly and if exhausted before time, you will have to wait for the next income to take place to avoid encroaching into your personal budget that will end up affecting you.
Budgeting sets a standard and gives limitations to careless spendings.