Topic: Cash out in gambling is still king - page 2. (Read 2074 times)

Most of the time you'll take that big risk thinking that you have that edge though there's no guarantee but if you trust your instinct whatever happens you'll not going to take that option and you will proceed with what you believe, win or lose as long as you understand and you are willing to handle that big risk behind,

cashout is an option if you know how to accept smaller profits compared to your actual desire securing the win and not a big fan of regretting after.

You are absolutely right when gambling sometimes we need to consider several things to manage the risk just like when we trade using stoploss to avoid greater losses and take profits as soon as possible and don't let greed haunt us which will eventually bring regret and for the bets that I will run next, I might apply this but also look at the final odds which usually determine victory if the odds are big I might immediately cash out to avoid defeat but if the odds are small I will wait until the end.

There are times when the option appears when our ticket is running the last game and it’s in its last minute - in such situation I’m sure you’ll not be tempted to click on cash out because deep down you are going to think that they just want to make you cash out the available money so you’ll get to miss out on the rest if the game turns out to be good.

The only time we would feel deep regret is when we still had lots of games running not when it’s just one that’s in its last minutes.

We all know how it feels and we're all investors as well. When the pump comes and we didn't cashed out some profits, we tend to regret in the end. And that's the same when cashing out our winnings when we're done gambling but chose not to because we think that we'll get more and that's how we all end up having that regret and that's what the title is saying, it's true that cash out is king.

Yes, it is as you say, the lucky streak is something that influences a lot when playing, our luck is undetermined, we do not know when we will have it, that is why every time we have that stroke of luck we have to make the most of it, and I recommend that you withdraw the money when you win, it does not matter if you want to play more, if you want to play more then you deposit a smaller amount and play with that amount, it is better to do it this way to guarantee profits when those strokes of luck that we are looking for occur, you have to enjoy what you do and enjoy what you win.

Cashout is another feature that sportsbooks have presented that has given betters multiple choices, when you talk of cash for a bookies it may be a total loss for them, but to a gambler, he is already at gain regardless of what the amount is as long as is a bit higher than your staked amount.

Often than not some gamblers make some statements like cashout is a trap by the bookies to divert their attention and make them take less than they deserve in total winning, not minding the fact that they also can lose it all.

So cashout for me is a great feature that every sport bettors should pay close attention to.

I'm one of those people, too. From the moment the "Cash-Out" option was made available to sportsbooks, gamblers could take something without waiting for their game bets to end. Of course, it's less than the payment that someone can get by waiting. The issue though is that more than many times, waiting can be destructive and you end up with total loss. So better get something with less profit and stay "alive" for the next bets.

For the problem of greed, it all depends on your readiness to accept the results, such as previously you have managed to achieve a number of wins, then after that you prefer to continue and well in that process you must really agree with yourself that you will be able to accept whatever the results are, especially when you lose all the winnings that you have previously obtained. I think that is the essence of gambling, which is about enjoyment and acceptance, simply when for example you still really want to play because you feel you enjoy the game then never think about any results that will happen at the end of the game because your goal is to enjoy the game, but if for example your goal is money then when you have managed to achieve a number of wins then that is the right time for you to take advantage of the opportunity to cash out.

Greed does not allow me to take the winnings before the last event is over, because I think that I can win my bet, because when you make a bet, it seems that you have chosen the best outcome and everything should be fine. But when the bet plays against you, then you can withdraw less than I made the bet, and I do not want to incur losses until the match is over and there are hopes that the bet can play until the very end of the match.

It's been talked in this topic.

Which is hard to learn, self control or winning long term?

Well, I must agree with you, that self control is necessary so we will not be tempted to do the cash out.
I mean, if we are gambling and we are aiming to win, we need to trust our own strategy, and constantly relying on cash out could only mean we are not confident with our own pick.

More on how confident you are with the selection you select when placing your multiple bets, it's always risky and like what you said there are times that everything got ruined because of a single bet that failed, and that cashout option might be the best one to pick when you still have that control, though it's also tough call when greed is on you once it's dominate then it will direct you to something that you are not intend to,

and most of the time such greed lead you to lose as instead of using the cashout option to have that sure take, you follow your greed and wait for the results to have a much larger amount of win.

Realizations do always happen in the end on which on the moment that you cant be able to experience those unfortunate conditions then you will definitely be doing into the things that you've been doing ever since not until that those losing streaks will hit you hard and blown off your entire gambling bankroll + your winnings. It is really that indeed that amazing that you do made out that $5 into 2k and then made out a $100 withdrawal on which it is really that still 20x on your deposit if we arent that gonna tending to look with that 2k but of course this is the peak winning that you could have if you do really be able to take those winnings or withdraw it out rather than on spending it again. Seld control will always be that necessary but most of the time we do neglect this out or wont be giving out importance at the moment or time that greed will kick in. So everything be that basing up on someones self control because you arent that good when it comes to this aspect then expect that negative things will happen into you. You will really be that immediately having those regrets at the moment that you have lost it all. All of us pretty sure had been able to experience the worst part of gambling and even on how many times that we do made out those realizations but still we do commit on the same mistake over again and again until you do hit up that threshold. So it will be that up to you on how to handle things accordingly.

What I noticed when I'm winning a lot is I tend to push everything to its limits, and see whether it can still provide me with more winnings until I hit a cold streak. From that point forward I become extra greedy, and try to recoup the losses to my previous winnings until I lose it all. That is how I turned a $2000 winnings from a $5 deposit into a $100 withdrawal. Since then, whenever I double my money, I instantly withdraw my initial deposit and play until I lose or until I win. I also change tables/games after a big win because there is this thinking that the same table/game will try everything to get my winnings back.

Self-control really is a valuable asset that everyone should have when they are gambling. It's least talked upon but it will save a lot of fortune to a lot of people looking to win.

In a bet there are many uncertainties and difficult decisions that we have to take, just like we are trading on a crypto exchange where uncertainty often fills our minds to sell or hold  , as well as gambling where we wait for a bigger win but on the other hand we are also haunted by losses that we can get at any time,  Waiting for a bigger final result requires determination in the hope that it can bring great profits, but on the other hand, it can also bring regret if the result is not as expected and that we have to consider it well before making a decision in gambling, in this case, I think we should be able to manage risk and make wise decisions including trying to set limits,  such as when to cash out based on the situation.

Indeed, sometimes making a withdrawal is also a problem that is difficult to do, I myself quite often experience it, where when I gamble with the aim of filling my free time and the gambling I do succeeds in producing a win, then sometimes what is in my mind is to continue it again because there is still a lot of free time or cash it in because there is a profit that has been obtained, at that time I was a little confused and the options I did were sometimes to continue it, sometimes to withdraw it.
Actually, it is better to withdraw it no matter what the conditions are because remembering that winning in gambling is difficult to get, besides that with a defeat that is more certain to occur, it is possible that we can lose the profits that have been obtained, unless we ourselves are ready for this, then continuing gambling may not be a problem to do, what must be avoided is the behavior of not being able to accept loss because it allows us to lose self-control.

This often happens to myself who is greedy by waiting for the final betting results and hoping to win all the matches, sometimes I can win them all and sometimes I experience 1 defeat due to waiting for the final result and sometimes it makes me regret why I didn't make an early Cash outoption to manage the risk of greater losses, but sometimes when I make an early cash out, the final result is actually a win, this is not about how much profit we get but how grateful we are even though we get a small profit rather than having to swallow defeats.

Regrets do always happen in the end and if you arent that good enough on making some sensible decisions then you will be ending up on having some issues later on. Just like been said that regrets do always come at the end and not from the beginning and thats why its important that you do make use of your own common sense plus having that good awareness into the things that you've been doing. You cant really just that make yourself that trying to make decisions directly without having considerations about such stuffs. There are those moments or times that the urge on going through on each bet is there. Everything will really be that depending whether you do play for fun or for money because this is where usually reflects into your actions that you are making.

That is the mistake that they do, if they have profits already they should have take theirs already. But if not and want to continue, that's what they need to make because if they don't, the problem is going to exist in front of them and regrets will be followed by that very bad decision that they have made.

I think it depends more on how much your initial stake is, how much cash out you’re given and lastly if you can afford to lose the cash out. I saw a thread where the op was narrating how a gambler fainted because he lost the bet after refusing to take the cash out he was given, I think it’s actually ridiculous to refuse taking cash out offered when you know too well that you can’t afford to lose the cash out or your initial stake.

This depends on the situation, if I'm still betting of course I'll leave it alone, but if I win one of the games, of course I'll withdraw the money first, I don't want to take risks, withdrawing money depends on the situation on the field.

That's for sure, the withdrawal option is the main thing that is most sought after and that is the main requirement that is prioritized as we all know that gambling is related to money, no deposit level, no withdrawals, obviously withdrawals are a priority for anyone involved in gambling.