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Gambling addiction in general: Self-deception and the loss of overview

Topic created on 21st Oct. 2024 | Page: 1 of 1 | Answers: 10 | Views: 250
Pat1991
Top Member

Self-deception and the loss of overview

21st Oct. 2024, at 12:37 pm CEST#1
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Hello,

i've got to let off steam. A few months ago, I came to the conclusion that I had actually managed to be in the black (or at least at +- around 0) since 2023.

I relied on the figures in the statistics of my regular casino and also lost track a little, as I usually cash out in crypto.

And today I did a cash check. It's not really reliable because I can't really add up the wins, but my account statements at least give a relatively reliable overview of what fresh money has come in.

The result: not a complete disaster, but not really nice either. As I don't keep proper records of my wins, I have an estimated minimum loss of EUR 1000 since 2023.

It's probably a little less, but there's still a big loss in any case.

I have no idea what that should tell me. In any case, nothing pleasant.

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Butterbrezel
Elite

Self-deception and the loss of overview

21st Oct. 2024, at 12:45 pm CEST#2
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This is a good example of why bookkeeping is important.
If you have an overview every week, you also classify your wins correctly.

Of course, a minus is not good, but it is normal when gambling. Within almost 2 years, I think -1000.00 EUR is "ok", that's about 45 EUR per month and therefore "normal" for a hobby.

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Deadspin
Experienced

Self-deception and the loss of overview

21st Oct. 2024, at 12:45 pm CEST#3
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I would say a good record by my standards. Depending on the type of player and how you play, you can probably rate it differently.

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Langhans_innen
Expert

Self-deception and the loss of overview

21st Oct. 2024, at 12:45 pm CEST#4
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Excel list. 5 columns: Date, EZ, AZ, Subject, Balance..done. The mini-structure is at least sufficient to determine the correct value

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Pat1991
Top Member

Self-deception and the loss of overview

21st Oct. 2024, at 12:54 pm CEST#5
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However, this was only achieved because... (censored due to certain "incidents"), otherwise the result would have been much worse.

I don't like accounting, but never mind. It's frustrating as hell in any case. Not catastrophic, but not really what I imagined or assumed either. I don't even want to imagine what it would have looked like if I had only played in (again, removed due to "events") .

Did anyone here make Plus over that period? Just asking around.

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Butterbrezel
Elite

Self-deception and the loss of overview

21st Oct. 2024, at 01:04 pm CEST#6
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Liked this post: Avatar von Pat1991 Pat1991
Pat1991 wrote on 21.10.2024 at 12:54: But this was only achieved because... (censored due to certain "incidents"), otherwise the result would have been a lot worse.

I don't like accounting, but never mind. In any case, it's damn frustrating. Not catastrophic, but not really what I imagined or assumed either. I don't even want to imagine what it would have looked like if I had only played in (again, removed due to "events") .

Did anyone here make Plus over that period? Just a question for everyone.

I've been making a profit from sports betting since I started keeping records in 2016, but this year I'm making a record loss.
Much of the plus comes from 2021, which was simply mega with over EUR 3200 net.


At the casino, I've been in the red by around EUR 300 since 2020, but I also play very, very little.

For this year, for example, I've reached my slot limit - I won't be investing a penny more. I still have a few EUR left for sports betting and have accepted the minus for this year (unless another big combination hits).

The important thing, especially for you after your posts above, is not to chase losses. If your goal is to recoup the 1000.00 EUR in slots, you will fail.

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Donnie
Elite

Self-deception and the loss of overview

21st Oct. 2024, at 01:06 pm CEST#7
1 Like

Liked this post: Avatar von gagapapamama gagapapamama
I don't have to prepare balance sheets. My bookkeeping is my wallet and my bank account🤣😉

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Pat1991
Top Member

Self-deception and the loss of overview

21st Oct. 2024, at 01:09 pm CEST#8
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Funnily enough, my result in Spielo is a lot worse, although not unexpected. When I was still going regularly and keeping records, I had a plus of around EUR 40 in one month (my only real winning month), and that was an insane run of luck at the time.

That was on bets of mostly just 5 cents, 10 cents at most. On average, I almost always lost over EUR 100 a month, over a period that wasn't even that short.

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Pat1991
Top Member

Self-deception and the loss of overview

21st Oct. 2024, at 01:10 pm CEST#9
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Donnie wrote on October 21, 2024 at 1:06 pm: I don't need to create balance sheets. My accounting is my wallet and my bank account🤣😉

And what do wallet and bank account say?

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Donnie
Elite

Self-deception and the loss of overview

21st Oct. 2024, at 01:17 pm CEST#10
1 Like

Liked this post: Avatar von Pat1991 Pat1991

Pat1991 wrote on 21.10.2024 at 13:10:

And what do wallet and bank account say

Disaster as far as gambling is concerned, so in the last few years, already better since you hardly Deposit any more, the rest is ok. In general, you know what you spend on various things in life. Except if you're Boris Becker and don't have time to manage your own assets. I've always been a spontaneous person, managing my money strictly by the book is not for me. I might spend a lot one day and nothing the next

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Deadspin
Experienced

Self-deception and the loss of overview

21st Oct. 2024, at 02:13 pm CEST#11
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I'm much more annoyed about wins that I gamble away than about depositors who gamble away.
The latter are of course much smaller and result from a conscious and more controlled decision than the big epic wins that you lose again because you just can't stop or because of constant reversals due to long payout periods or for whatever reason.
This loss of control in such situations is the worst thing for me.
And then that moment:
You land a big hit, immediately start sending pictures around and then your bestie arrives the next day in a party mood like "yeah bro now let's get it on!" and you're already looking for new nodeps again😄😖

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