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Topic: Cash out in gambling is still king - page 12. (Read 2074 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
December 23, 2024, 12:48:34 PM
#4

*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?

I believe cashing out indeed helps gamblers to have more options when comes to risk management and bankroll management. There will be always gamblers who like to go with the all-or-nothing mentality, but it is not the case for all the people within this market which is so vast.

As for me, having a cashing out option for bets is a must have for bookies or casinos I decide to give a chance to, the whole point of choosing a casino/bookie is to find one which give us as many options as possible to adjust our risk and stake to a level we feel comfortable with. If people want to go all-or-nothing, that is their business and there is nothing wrong about it, though people like me which like to mitigate risks when possible and not to allow greed to completely take over, those options are very important.
I have already read too many stories of bettors who lost all their wager because they allowed greed to take over them and, in the end they ended up with nothing, having the option to cash out earlier.

It depends on the personal point of view of each one of us, I guess. 
hero member
Activity: 3080
Merit: 603
December 23, 2024, 12:39:22 PM
#3
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
Definitely. You're gambling to make money and take that whenever you win and so, why would it be not an option to cash out early if there's something that you can take out already? I know that it's tempting to continue and gamble still with that money but you just can't lose them all without taking some earlier.

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
Yes.
I have to verify first if there are withdrawals that have done for that platform that I gamble, so it's one of the top options that I do need to check.
hero member
Activity: 1260
Merit: 765
Top Crypto Casino
December 23, 2024, 12:29:56 PM
#2
I don't wait for the last match to play out before I call it a day with my bet, especially if the bet is almost at 80% played and winning, I am not lucky enough to win all bets so for that I am always on the lookout for any possible chances to take profits and cashout is my most favorite features when it comes to sports bets.
sr. member
Activity: 980
Merit: 237
December 23, 2024, 12:24:25 PM
#1

I have witnessed a lot of gamblers complaining how they were almost lucky after placing a bet because they had a cash out option but would rather wait for the last match to be green, to no avail, and they would be left hanging at the end of the day, with lost funds and emotional stress.
I always advice them to cash out early with the last match pending, because if they cash out on time, there would be a better chance of staking another match/matches with a better potential to win big rather than loss so much more.

Although to cash out early isn't always a welcomed idea for many, still, it is a wiser choice that measures up to qualify as a responsible decision that would enable one properly manage gambling risk, maintain sound mind and emotional balance as well as financial stability to some degree.

*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
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