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Poll

In your all-time gambling activity, do you end up with a profit or a loss?

Profit
Loss
Break even

Author Topic: In your all-time gambling activity, do you end up with a profit or a loss?  (Read 608 times)

Offline 0t3p0t

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What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I don't calculate all my winnings and losses, but you are right: the longer you play, the higher your chances to lose, so in the end, we end up failing because we become addicted to playing. I like to believe I'm at a loss because there are more losses than winnings.

I can count the number of times I won but cannot the losses, I guess gamblers are like that they like to remember their winnings and forget their losses.
Yeah exactly, only positive outcome can be remembered most of the time as that is something psychological. Same here mate, I also don't care about my winnings and losses what's important is that I am having fun with the game winning is just a bonus to me but yeah we all know that the reality is winning can be very elusive.

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Online Primo1760

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Gambling is for entertainment and even though it is for entertainment, it is very important to keep track of winnings and losses in gambling. When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future. But it is very important for every person to set a specific budget for gambling. If you gamble without setting a specific budget then you can lose a lot of things in life which will make you feel very helpless if you calculate at one time.

Offline kulkhan

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Gambling is always unpredictable and risky. Profit and loss available in gambling. Some times i win from gambling and some times i losse from this gambling. But overall calculation i am losser. Bit that amount is very poor. Gambling is very critical foe gambling we need huge practice and study even for gambling luck is very important. Who is lucky he will be profitable in gambling. I saw some people always lossing and some people winning.

Offline Aanuoluwatofunmi

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This question raised by OP seems to be contemplating because with the general knowledge of what gambling is meant to be, i don't expect seeing a person talking about gambling in this way when we know that its more likely to loose when gambling than winning, this alone is good enough for us to understand what we want and how we could go about it, we shouldn't be gambling for making profits in the first place, it should be under the understanding of a means of being entertained.

Offline Sim_card

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Gamble is very risky, and comes with more of losses than profits. This is the reason why a gambler will experience more of loss than wins. In my entire gambling experience, I have lost more than what I win. The lost is like 4 times my win, and there is nothing I can do about it, because there will always be a time that you will realize that gambling is eating you up and you will start limiting the amount and time that you put into gambling.

Online Litzki1990

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Before gambling we must accept the fact that gambling can make me lose money just as I can win. People who decide to gamble considering profit and loss are usually not too excited about their own profit and loss, but those who gamble only thinking about profit are affected by the outcome. I have a lot of gambling experience and I have gained a lot of money from this experience. When I saw that I was losing regularly in gambling I took a break from gambling and made some changes in my strategy and started gambling again and I had some success there. If a gambler is only losing money then he should stop at that point and apply his skills by making some changes in strategy and then gamble.

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I consider gambling as only a way of entertainment. That is why it is impossible to say that I am in a profit or a loss. For me, a deposit in a casino is similar to spending money. For money spend I get experience, fun, emotions. Even if I lose, I still got something in exchange. That is why I think I can say that I gained, or got profit. If we get this conversation into money direction, then to bad, I can only remember my large losses. However, if I look on the amount I've got from different bonuses (which are free money), then I havent lost much. If I look on transaction history, then I see that I have withdrawals. Confused with calculating all that, but I see my final balance as positive.
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Offline mu_enrico

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When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!
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Offline luckyledger

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When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!

I take the fixed deposit for a month and spend it on betting and gambling. I can't say for the whole time, but it seems I am around neutral PnL!

Offline Dr.Bitcoin_Strange

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Gamble is very risky, and comes with more of losses than profits. This is the reason why a gambler will experience more of loss than wins. In my entire gambling experience, I have lost more than what I win. The lost is like 4 times my win, and there is nothing I can do about it, because there will always be a time that you will realize that gambling is eating you up and you will start limiting the amount and time that you put into gambling.
That's very true and that's more reason why a gambler shouldn't really be focusing on whether he's making more losses or winnings. Ordinarily, gambling shouldn't be all about the wins or the outcome of every game, as long as you're having fun at the end of the day, which should be the goal, gambling should be all about the fun and thrill, and not to be accessed by how often one wins or loses.
Well except of course the gambler in question is struggling with gambling problems and then notices that he loses all the time, then he can make an assessment to know the outcome of his gambling activities in order to help him restructure his strategy and approach to avoid more losses

Offline electronicash

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anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.

Offline 0t3p0t

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When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!

I take the fixed deposit for a month and spend it on betting and gambling. I can't say for the whole time, but it seems I am around neutral PnL!
Well that is great and good for you mate as I personally has majority of my bets goes bad though it was just a small amount of money but still counted as loss which is the majority of all the results hopefully I will be lucky soon ro get back all the losses I have. 😅

Offline Dr.Bitcoin_Strange

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Well that is great and good for you mate as I personally has majority of my bets goes bad though it was just a small amount of money but still counted as loss which is the majority of all the results hopefully I will be lucky soon ro get back all the losses I have. 😅
Don't even think about it mate cos I don't see that happening, except of course you're able to come up with an effective gambling technique that enables you to win more often, which is also almost impossible, because gambling is designed to always be in favour of the house more than the gambler, so if you're hoping that you're gonna magically recover all the losses you've made so far, no matter how small, then you'll be really disappointed and if you still persist, it could result to more losses or even worst, so it's best you just concentrate on your normal gambling routine and forget about how much youve lost, as long as you're gambling responsibly and enjoying the experience, that's all that matters.

Offline Unbunplease

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As for me, it turned out that I was neither at a disadvantage nor a plus. That is, I got only pleasure and did not actually receive any material reward. It happens. It is better to leave with your head held high :))))

Offline Sim_card

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What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I don't calculate all my winnings and losses, but you are right: the longer you play, the higher your chances to lose, so in the end, we end up failing because we become addicted to playing. I like to believe I'm at a loss because there are more losses than winnings.

I can count the number of times I won but cannot the losses, I guess gamblers are like that they like to remember their winnings and forget their losses.
Yeah exactly, only positive outcome can be remembered most of the time as that is something psychological. Same here mate, I also don't care about my winnings and losses what's important is that I am having fun with the game winning is just a bonus to me but yeah we all know that the reality is winning can be very elusive.
I could remember when I was a kid and my PS2 game got bad, because I am so much found of the game, I had to go out to where you pay money to play your favorite PS2 game. I do go there to pay and play, sometimes I win and will continue playing with my champ, but sometimes I also pay for all the game I play because maybe I am playing with someone that is always winning me. This how I see gamble, pay for you game and if you win, it is more fun, but if you lose, you go home when you have exhausted your gamble budget.

 

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