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I can afford to lose it

Discussion in 'Misc. Vegas Chat' started by sco5123, Oct 12, 2013.

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  1. sco5123

    sco5123 VIP Whale

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    To be able to afford it is not necessarily the same as being able to justify it. You would not budget a certain amount of money to purchase clothing and then go to the store to make sure to max out your budget as opposed to making sure you got your money's worth from the purchase.

    In the same way, when "I can afford to lose it" is (often) proclaimed about gaming, it could mean that I budgeted such and such amount of money from my earnings to play and can therefore completely max it out if I wanted to. However, is completely using the budget the goal or is a certain quality of gaming the goal?
     
  2. IWannaBeInVegas

    IWannaBeInVegas VIP Whale

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    Depends on if I'm getting my entertainment value. I work at a casino, I have players that are miserable and not a clue why they continue to play when they are upset. If I'm playing, losing but having a good time, I don't mind the loss, it's my entertainment
     
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  3. Happygirl21

    Happygirl21 Low-Roller

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    I am much the same HOWEVER I can promise you I'm having an even better time when I'm winning:beer:

    And after enough losing hands I will end the " good time", lol.
     
    AC, it's no LV but better than nothing.
    In the planning phase.
  4. jackincols

    jackincols Guest

    Finding quality gaming and type of games to play is always my goal. It's why I seldom play slots in Vegas (or anywhere else for that matter).

    Just because I'm bringing "X" amount to gamble with doesn't mean I want to give it away. Every trip to Vegas, I go with the intent of winning, yet I'm full well aware of the odds of that happening. The "entertainment" value doesn't even factor into the equation. Just a byproduct of the act of gaming, IMO.
     
  5. C0usineddie

    C0usineddie VIP Whale

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    I think its just an excuse that people use to frontload their expectations.

    rarely do you see people say that they are such poor gamblers and money managers that they lost all their money.

    If they have a built in excuse to start with, its easiest just to blame that.

    Works the same with everything in life. Build an excuse for failure prior to trying it and you dont have to look yourself in the eye the next day.

    Look at people trying to go on a diet or quitting smoking. every excuse in the book before they even try it.

    The excuse industry is actually a very big money maker.
     
  6. MNVegasgal

    MNVegasgal Low-Roller

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    I can afford to lose it doesn't mean I want to lose it all.. I would prefer to come home with some of it, but if I don't, it will note effect my life outside of Vegas. We set aside money in our savings for Vegas or gambling. I normally lose (I play slots), hubby normally comes home with most of his bankrolls as he plays Craps, VP, and Sports Bets. We have come to terms that my play gets us the free rooms, free play and perks, and his play allows us to come home with some of the funds, which go back into savings. The money we take is free game.. if I wanted to use it to purchase an amazing purse, or spend a day at the spa - that is fine. We don't use our gambling funds for food, as we use our debit card (or winnings if we are feeling flush with cash) as eating is part of our normal family budget.

    Pure entertainment for us - Hubby has a stressful job, and is in the midst of taking care of two aging parents. It is a time when we can set our stress and worries aside and just enjoy some fun and frivolous behavior.
     
  7. nostresshere

    nostresshere Mr. Anti Debit Card

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    Father figure envy?
     
  8. Mowsee

    Mowsee Low-Roller

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    I treat my gambling budget as entertainment spending money. Same as others would spend money on shows, etc. I don't feel I HAVE to spend all of it but that's how much there is available.
     
  9. blackjacknut

    blackjacknut VIP Whale

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    BRAVO!! One of the best posts I've read on here, couldn't agree more!!! :nworthy:
     
  10. LolaDoggie

    LolaDoggie VIP Whale

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    I do see my little piddly gambling budget as entertainment money. The thing is, I'm cheap, easy to entertain and I have other priorities, expenses, hobbies and responsibilities. I felt like a high roller when I put aside $10 per outing for the horse races or casino. I still put aside that $10 but if I'm having a good time, not ready to quit yet, I'll do another $10. Then that's it for me. Can I afford to lose more? Yes. Can I justify losing more? No.

    I don't feel comfortable telling other people what to do with their money, and I'm not a psychiatrist. But, in my view, when I hear all the complicated mathematics and other justifications for increasing gambling budgets I wonder if that person has started to lose their footing on that slippery slope. I know I don't want to lose my footing with anything; food, booze, money, gambling, shopping, anything. I've got enough problems, I don't need to give myself more.
     
  11. Kickin

    Kickin Flea

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    Its always a silly statement because being able to afford your gambling is just a precondition to gambling, not a reason to do it. So its just one of those out of left field type things you read so many people's posts. It reminds me of that Chris Rock skit where he jokes about people taking pride in things they're supposed to do. :evillaugh
     
  12. mdee

    mdee VIP Whale

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    I'm in the same camp as you guys. Since 2006 I've taken the same amount for the 2 of us. No matter if it was for 3 days or longer.
    But now with inflation and the games being tighter I have recently given ourselves a small 12.5% raise haha. But like I've said before...
    I always expect to lose but hope to win and I chalk it all up to entertainment.
     
  13. shifter

    shifter Degenerate Gambler

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    Absolutely. I always go to the casino expecting to win. That's the way you have to approach any competition if you want to have any success whatsoever. Of course I don't always win, but I never go into it expecting to lose. Saying you expect to lose but hope to win is a joke. Might as well give half your money to Rusty and let him kick you in the nuts and call it a day if you're going to think that way.
     
  14. Sonya

    Sonya Queen of VMB

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    It's almost a six-of-one, half-dozen of the other kind of situation. You phrase it however you'd like to, but it's a good plan to take a gambling budget you're comfortable with losing, with the hope of bring home more than you left with.

    On my very first gambling trip, my travel-mates gambled away everything and we didn't have enough gas money to get home. That left a big impression on me and I always made sure I had enough left over to get myself home. :nono:

    I have a gambling budget and I stick to it. Sometimes that means I spend a shorter time in the casino than expected, but I never end up with that "wow, I shouldn't have done that" feeling the next day. At least not about gambling. :wink2:
     
  15. OntheStrip

    OntheStrip Tourist

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    Same here. I don't lose money in Vegas, I spend it to have fun. :D Our vegas money comes from my "extras/fun" money, so it never comes out of our family budget. We never spend it all, but if we did it wouldn't be a problem.
     
  16. firstkill

    firstkill High-Roller

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    Gambling budget is a funny thing.

    As a degenerate, it keeps getting larger to satisfy the "hunger" "the craving" OR I can call it an addiction.

    1. I can afford to lose my bank roll.

    to me that means that what ever I lose, it has no bearing on my life outside of gambling. I did not sacrifice any necessity but I will sacrifice money that cannot buy another frivolous item.

    most of us on this forum probably can draw this line. Some of us chose to ignore the line.

    2. No one who gambles WANTS to lose the bankroll. Its just a risk that's associated with the game. The larger the bankroll, the larger the win that needs to satisfy the craving.

    3. gambling is entertainment to most of us. so all sorts of subjective things go into that.

    When to stop is a "gut feeling" many have arbitrary rules such as a dollar amount Up or Down.

    4. degenerate gambler, im one of them
    - im willing to risk my whole bank roll for a win
    - sometimes luck is on my side, and I never need to exhaust my bankroll
    - other times the loss is so big and sudden that I give up before reaching the bottom of my bank roll
    - many times the time frame that I have to gamble is not enough to exhaust my whole bankroll

    fk
     
  17. AlwaysVegas

    AlwaysVegas Low-Roller

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    What I can afford to lose and what I'm willing to lose are very different for me. What I'm willing to lose is a comfortable monetary zone where I have no regrets. Luckily, what I'm willing to lose is much lower than what I can afford to lose, so I generally stay happy.
     
  18. SBTX

    SBTX Tourist

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    My bankroll is separate from the rest of the spending money in Vegas. If I lose my bankroll I'll be fine. Gambling is entertainment but I DO want to win! It seems that even though I tell myself it will be ok if I lose my bankroll I just can't let myself bust out. I've been on bad runs and tried to tell myself it will be ok if I lose it all but I just can't do it......I can't sit there until I have nothing. I have to walk away with some chips. My partner, on the other hand, has no problem with it. :D
     
  19. themightydude

    themightydude High-Roller

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    My bank roll comes from my "Blow fund" account :) Basically money that gets set aside every month that I can do whatever I want with. It's not bill money, but just money I can do with whatever I want.
    I do expect to lose my money when I go to Vegas. Not because I want to, not because I'm not being competitive or going hard enough etc, but because it's just the way vegas works most of the time, and I find it helps me when I do lose it all lol. But at the same time, I also look at it as entertainment money, and if I end up ahead, or even at the end of the trip then that's just a bonux. Even if I lose all my bank roll in vegas, I had a damn good time doing it. Lot better time I would in my opinion than spending $5,000 on a new state of the art TV that I won't watch all that much or some other electronic gadget I seem to fill my life with.

    I think bottom line is Vegas is a place where you don't have to be yourself. You can be someone else completely for your trip, and your "bank roll" is a way of making that happen.
     
  20. waverunner

    waverunner BBHMM

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    My friends find entertainment at places NOT named Vegas, that's why going to Vegas solo to me is awesome. I get free rooms, don't need to FINE dine, i don't really drink (maybe one drink in the casino in the evening, and that drink must have fruit in it like coconuts or strawberries), i don't go to shows, etc.
    And as themightydude said, i have a "blow fund" as well. The blow fund is money that i expect to lose while gambling, anything other goes into my piggy bank. My bankroll for gambling never changes, whether winning or losing.
    If i wanted to just gamble, i would just go locally to Pala and Pechanga Casinos. When i tell my friends i don't go to Vegas just to gamble, they scratch their heads, "then why would you drive 300 miles through a hot desert if you could do the same thing in an Indian Casino 40 miles away"?
    People ask me online why go to Vegas solo, or since i don't drink or see shows or don't eat in celebrity eateries, what makes Vegas so special? They ask me how can i have fun in Vegas if i don't get crap face and don't have a police record courtesy of the Hangover? We have all seen the commercials about Vegas "what happen in Vegas...........".
    I just tell them i just don't know........i've been telling them that for 30 years. Maybe i'll never find an answer and that's OK with me.......some things are better left unexplained.
     
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