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Topic: Cash out in gambling is still king - page 3. (Read 2074 times)

full member
Activity: 504
Merit: 209
Duelbits.com
January 06, 2025, 08:07:00 AM

No doubt with that because greed will makes us losing control and in the end, we will lose our money in gambling. We can cash out immediately when we see the option appears so we will not late to take our profit. Maybe that will related to experiences from gamblers because if they know that they can take the profit, they will do that and leave the casino. They will not stay longer for placing another bet because they think that will not works for many times. They prefer to take the money and stop gambling immediately so they can enjoy the money.
The cash out options sometimes do have time's they allow it, not all the time you they immediately open up the cash out option at once, its a matter of time and some factors the casino does consider then they will make the cash out option open to gamblers to use if they wish to use it, but if they  still want to stay, they will be allowed to stay as long as they can to get the whole money if they eventually win.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
January 06, 2025, 07:55:39 AM

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

Do I call it greed or just lack of the right mentality. Gambling remains risky as always, so you shouldn't always be greedy. When you see a huge win, just take a leave and make use of the little you get from that round. Some gamblers have the wrong mindset and may want to make too much wins from just one game. Unfortunately they get their ticket or game cut and end up losing. If you are a person that have in the back of your mind that you want to make money from gambling then obviously you will end up losing too much. Just play and cash out when you got a lot from your round.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
January 06, 2025, 07:39:02 AM
The cash out option has its both advantage and disadvantage side, the disadvantage side is that sometimes we cash out on games that could have won us an bigger amount of money too early thereby reducing our potential of winning, whereas on other side, the advantage of this option is that ,it enable us to exit a bet that could have spoilt our sleep and deny us our winning chances and it gives bettors a bit of control over their games ,I kind of think it's better than not having it at all.

The shortcomings you mean above in my opinion do not fall into the category of cashing out money but rather it is greed because as you said which sometimes turns out that the game can provide a larger amount of winnings and yes that is true but that is also if for example you choose to continue and it turns out that luck is on your side, but if not? yes, you will still end up losing all the initial winnings.
So actually you are talking about two things, namely between continuing gambling in the sense of being greedy or stopping at the right time by cashing out your first winnings, and yes overall cashing out early is always the best action because after all in gambling we will never know what will happen.
hero member
Activity: 2660
Merit: 630
January 06, 2025, 01:22:49 AM
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.

Like me also. If I have a slight premonition that something was going to go south with the rest of the game after I have seen a reasonable cash out offer to me, I will go ahead to use the cash out. You can actually rebet a slip after you have cashed the winning games out if you still feel the rest will be positive.

One major reason that gamblers don't win at all or that it takes long for them to win is because they are obstinate to use the cash out whilst they are betting on multiple. A gambler that is a multiple bettor should know that he is better of with cash out.
hero member
Activity: 1022
Merit: 600
January 05, 2025, 10:34:16 PM
The cash out option has its both advantage and disadvantage side, the disadvantage side is that sometimes we cash out on games that could have won us an bigger amount of money too early thereby reducing our potential of winning, whereas on other side, the advantage of this option is that ,it enable us to exit a bet that could have spoilt our sleep and deny us our winning chances and it gives bettors a bit of control over their games ,I kind of think it's better than not having it at all.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
January 05, 2025, 07:31:54 PM
Profits are already profits! This cash-out feature in some gambling platforms is new because, in old or traditional gambling platforms, you can't do this.
And many still don't like it. They're given a chance to withdraw their profits while they can if ever they want to pull off their bets.
But if they don't want to take their profits and still want to proceed, it's okay and if they want to continue with the traditional approach.
Profits are profits, but others do not prefer to take it because they want more profits. I know majority does that thing. However, losses might be waiting ahead once we decide not to cashout. That's why we should carefully assess our game if it will be more profitable or not, otherwise we will only lose our profits on hand.

Well, when we have managed to achieve a number of wins, there are two choices that we can take, namely cashing out in the sense of enjoying the amount, no less and no more, or applying greed with the possibility that you can get a larger amount of winnings or you can also lose all the amounts that you have previously obtained, so all gamblers should be aware of this first before they decide to apply greed in particular. On the other hand, what you said about the advice to assess the game before continuing is indeed good, but the problem in my opinion is that even though you see that it seems like the game will go according to your predictions, it still cannot be denied that the possibility of defeat will always be there, and that is the reason why in gambling there should never be doubt and regret every time you want to make a decision.
hero member
Activity: 2786
Merit: 657
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January 05, 2025, 06:56:54 PM
Aren't there other casino platforms that when they see their players withdrawing a large amount, they will first stop granting the withdrawal request and ask if it will pass their criteria before they give it the authority to withdraw funds from their casino.

And the others are no longer able to withdraw because they require a lot of documents from those who withdraw a large amount from the casino or rejection. But if it is the right amount,
other gambling platforms allow it.
I’m not sure if you are talking about KYC or something else. Or else, what is the point of offering that option if they can’t make it work? Of course, we understand their policies, but if it is not benefiting everyone, I believe they should reconsider and make it more user-friendly. They should note that providing a great user experience can have a huge positive impact on them in return. If the transactions are suspicious, then it is fair enough to act on it. But it doesn’t mean the same strict rules should apply to everyone when they withdraw their money.
Yes, he/she was talking about the possible tier 2 or 3 KYC some casinos usually request from a user when the user requests a huge fund withdrawal, which I believe is not something new and is also already stated in the casino rules and regulations. This is another reason why it is important for gamblers to understand what they are getting into before using a casino, and this can only happen through the reading of the casino rules and regulations.

I believe every casino also understands that providing a user-friendly service from every angle is important for them to stay ahead of their competitors, but rules are rules.
hero member
Activity: 3052
Merit: 685
January 05, 2025, 05:21:51 PM
Aren't there other casino platforms that when they see their players withdrawing a large amount, they will first stop granting the withdrawal request and ask if it will pass their criteria before they give it the authority to withdraw funds from their casino.

And the others are no longer able to withdraw because they require a lot of documents from those who withdraw a large amount from the casino or rejection. But if it is the right amount,
other gambling platforms allow it.
I’m not sure if you are talking about KYC or something else. Or else, what is the point of offering that option if they can’t make it work? Of course, we understand their policies, but if it is not benefiting everyone, I believe they should reconsider and make it more user-friendly. They should note that providing a great user experience can have a huge positive impact on them in return. If the transactions are suspicious, then it is fair enough to act on it. But it doesn’t mean the same strict rules should apply to everyone when they withdraw their money.
sr. member
Activity: 728
Merit: 415
January 05, 2025, 05:20:22 PM
The cash-out feature certainly has its merits for mitigating losses and managing risk, but its importance as a requirement for joining a gambling site can vary depending on a person’s gambling style and strategy. For responsible gamblers, it’s certainly a useful tool, but other factors like the overall integrity of the site and its offerings might come first.
Cash-out features are not only a tool that is used by responsible gamblers; they have nothing to do with being responsible and irresponsible.

If you ask me, it's just a feature that the casino introduced to help players get something out of their game before it ends, reducing the risk of paying a higher amount at the end, as analyzed, and also giving the gambler a chance to win something. It's a win-win situation for both parties, which even irresponsible gamblers can use such a tool.

Being irresponsible means the player doesn't manage both their bankroll and time very well; they allow their obsession for the game to control them.
hero member
Activity: 2926
Merit: 657
BTC to $150k -
January 05, 2025, 04:52:14 PM
Profits are already profits! This cash-out feature in some gambling platforms is new because, in old or traditional gambling platforms, you can't do this.
And many still don't like it. They're given a chance to withdraw their profits while they can if ever they want to pull off their bets.
But if they don't want to take their profits and still want to proceed, it's okay and if they want to continue with the traditional approach.
Profits are profits, but others do not prefer to take it because they want more profits. I know majority does that thing. However, losses might be waiting ahead once we decide not to cashout. That's why we should carefully assess our game if it will be more profitable or not, otherwise we will only lose our profits on hand.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
January 05, 2025, 04:36:55 PM
There are still gamblers that does that. They won't stop until they've won 100% of their bankroll for which is hard to reach to be honest.
Sometimes it happens but it usually don't and that's why it is best for everyone to check it out before doing so because not everyone will be hitting 100% of bankroll if that's the condition before withdrawing.
Of course, many players think so, but these are just conventions and setting up some goals that will be achieved as luck will have it. Players need to think more often about strategies, and not about how to quickly win and run away with the winnings. Even if he gets lucky and makes 100% and leaves, he is still almost guaranteed to return sooner or later to try to do it again. And if the player starts losing smoothly, this can make him tilt and lose the entire amount. This is a classic example of many players, but many of them think that they are different from others in some way, although in fact this happens very often.

I still prefer to withdraw a small part of the winnings always, with the exception of very small winnings.
That should be the preference on how it would be. We have to withdraw small amount or part of our winnings. And that's the reason why some are missing themselves profits when they already have it, they are not content to get into small amounts because they're aiming higher. There is nothing wrong with that but knowing how gambling works, that little profit might be gone too quickly if not taken care of.
legendary
Activity: 1666
Merit: 1218
January 05, 2025, 03:58:07 PM
Profits are already profits! This cash-out feature in some gambling platforms is new because, in old or traditional gambling platforms, you can't do this.
And many still don't like it. They're given a chance to withdraw their profits while they can if ever they want to pull off their bets.
But if they don't want to take their profits and still want to proceed, it's okay and if they want to continue with the traditional approach.
I believe that many of us are use to the traditional way of gambling which is either you win 100% of your bet or you lose it. But after the introduction of online gambling, cash out offer was among one of its features. Therefore, you have to option to be contented with the outcome of some of your games and cash out, or have the gut and confidence to see the end of all the games on your slip. I prefer to cash out and forget about the outcome of my last game.
There are still gamblers that does that. They won't stop until they've won 100% of their bankroll for which is hard to reach to be honest.
Sometimes it happens but it usually don't and that's why it is best for everyone to check it out before doing so because not everyone will be hitting 100% of bankroll if that's the condition before withdrawing.
Of course, many players think so, but these are just conventions and setting up some goals that will be achieved as luck will have it. Players need to think more often about strategies, and not about how to quickly win and run away with the winnings. Even if he gets lucky and makes 100% and leaves, he is still almost guaranteed to return sooner or later to try to do it again. And if the player starts losing smoothly, this can make him tilt and lose the entire amount. This is a classic example of many players, but many of them think that they are different from others in some way, although in fact this happens very often.

I still prefer to withdraw a small part of the winnings always, with the exception of very small winnings.
sr. member
Activity: 504
Merit: 268
DGbet.fun - Crypto Sportsbook
January 05, 2025, 03:49:16 PM
The most difficult game to play is always the last game on the check list, most people are only scared to go far with the green, potentially have a good chance to make profits already and blow it up while looking out for a much bigger profits. I will be good to cash out if i have made enough profits from my slip, being contended some times can save from losing more parley.

Sometimes people add the last bet in the bet list because they want the bet to be high. If you notice when betting when you add extra games the odds kept on multiplying more than when you have only few games there. This is more likely the reason why the last game are being added. Even if there might be other games in it.

My perception about cashing out is that, i see it as an opportunity  for us to collect our win, irrespective of how small it was presented. But sometimes we are being blinded by greed with the mindset that, what will be, will be. I have lost so much by acting greedy when I had opportunity to cash out, even if the ticket is running at loss and you're provided a small sum to cash out, do so because  that money could be used to make another ticket, and who knows maybe that might be your lucky game. Though sometimes the choice of cashing out becomes really different when the last game seem to be a walkover, but that could be the game that'll  change the status of your ticket to lost.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
January 05, 2025, 03:36:23 PM
Profits are already profits! This cash-out feature in some gambling platforms is new because, in old or traditional gambling platforms, you can't do this.
And many still don't like it. They're given a chance to withdraw their profits while they can if ever they want to pull off their bets.
But if they don't want to take their profits and still want to proceed, it's okay and if they want to continue with the traditional approach.
I believe that many of us are use to the traditional way of gambling which is either you win 100% of your bet or you lose it. But after the introduction of online gambling, cash out offer was among one of its features. Therefore, you have to option to be contented with the outcome of some of your games and cash out, or have the gut and confidence to see the end of all the games on your slip. I prefer to cash out and forget about the outcome of my last game.
There are still gamblers that does that. They won't stop until they've won 100% of their bankroll for which is hard to reach to be honest.
Sometimes it happens but it usually don't and that's why it is best for everyone to check it out before doing so because not everyone will be hitting 100% of bankroll if that's the condition before withdrawing.
jr. member
Activity: 36
Merit: 23
January 05, 2025, 12:00:46 PM

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 ?
I could not understand why we had to cash out before ending the last match and then why we added that last bet on the parley bet. If we have no confidence then we must have to avoid that match while we place a bet for the match. If we have to change our decision only to take the profit or avoid the loss if the match loss then the bet is useless. But if the match changes something eg: player change or anything that may change the result then we may cashout the eligible fund otherwise not.
The most difficult game to play is always the last game on the check list, most people are only scared to go far with the green, potentially have a good chance to make profits already and blow it up while looking out for a much bigger profits. I will be good to cash out if i have made enough profits from my slip, being contended some times can save from losing more parley.

Sometimes people add the last bet in the bet list because they want the bet to be high. If you notice when betting when you add extra games the odds kept on multiplying more than when you have only few games there. This is more likely the reason why the last game are being added. Even if there might be other games in it.
hero member
Activity: 1246
Merit: 699
January 05, 2025, 11:16:50 AM
The advent of cash out has actually done a whole lot to us and has made us see gambling in a completely different light. Before now gambling was mainly about we just getting or loosing out all completely and now some persons get to be lucky cashing out so they don't eventually observe out completely in cases where the game finally ended against them so it's no longer about them hopito only win at the end of all the games on their bet slip.
cash out is indeed quite helpful in securing victory even though not in full amount. the existence of cash out offers to gamblers also causes confusion to gamblers and sometimes it affects the initial analysis and makes hesitation to continue betting until all matches are over.
I more often leave the bet after I make some and come back to see it the next day. so I don't use cash out that often. I completely surrender to the bet I have made with everything I have considered.
legendary
Activity: 1834
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January 05, 2025, 10:33:26 AM

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 ?
Take profit when happy. The fact that you've hit a rare scenario, cash out already.

The odds was already in favor with you then you're still being greedy. That brings you chaos after holding it then losing afterwards. Cashout early isn't a problem, if you have quota for a day, it should be enough, don't chase too much because you'll end up losing in the next scenes, gambling is a cycle, and it isn't always a win situation for you guys.

Regarding cash out option, of course, I don't want a gambling platform that has many limitations, it's boring and non-sense. My money, my rules.
full member
Activity: 504
Merit: 209
Duelbits.com
January 05, 2025, 10:26:54 AM
I believe that many of us are use to the traditional way of gambling which is either you win 100% of your bet or you lose it. But after the introduction of online gambling, cash out offer was among one of its features. Therefore, you have to option to be contented with the outcome of some of your games and cash out, or have the gut and confidence to see the end of all the games on your slip. I prefer to cash out and forget about the outcome of my last game.
The advent of cash out has actually done a whole lot to us and has made us see gambling in a completely different light. Before now gambling was mainly about we just getting or loosing out all completely and now some persons get to be lucky cashing out so they don't eventually observe out completely in cases where the game finally ended against them so it's no longer about them hopito only win at the end of all the games on their bet slip.
copper member
Activity: 2422
Merit: 1313
Playbet.io - Crypto Casino and Sportsbook
January 05, 2025, 07:57:53 AM

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 ?
I could not understand why we had to cash out before ending the last match and then why we added that last bet on the parley bet. If we have no confidence then we must have to avoid that match while we place a bet for the match. If we have to change our decision only to take the profit or avoid the loss if the match loss then the bet is useless. But if the match changes something eg: player change or anything that may change the result then we may cashout the eligible fund otherwise not.
hero member
Activity: 1932
Merit: 546
January 04, 2025, 07:14:51 AM
Aren't there other casino platforms that when they see their players withdrawing a large amount, they will first stop granting the withdrawal request and ask if it will pass their criteria before they give it the authority to withdraw funds from their casino.

And the others are no longer able to withdraw because they require a lot of documents from those who withdraw a large amount from the casino or rejection. But if it is the right amount,
other gambling platforms allow it.
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