Topic: Cash out in gambling is still king - page 3. (Read 537 times)

Big losses will not occur if we have good self-control, with those who do not have good self-control it is natural that they experience quite big losses because people who do not have good self-control usually dare to take actions that are at great risk even though they are aware of the risk. Actually it depends on ourselves with everything, if we do gamble without discipline then big losses will not occur before that careless actions will not be carried out because with this discipline it allows us to be able to consider in advance what will be done properly. When we have made a profit, it is best to cash it out or withdraw the profits that have been obtained, withdrawing profits must be done because it is one way to avoid big losses that can occur, because when we win but still continue the gambling session then the possibility of that win can be lost again.

Yes, it will really help someone to prevent greater losses or lose some of the winnings they have earned, gambler bad habit is trying to chase lose and also being greedy to win bigger, in conditions like this it can only be prevented by withdrawing all the money from the gambling site bankroll and for moment leaving to forget everything so that there is no desire to start playing or betting again.
And the availability of withdrawal transaction options is top priority because the transaction process is one of the most important things that should not be forgotten when using new gambling site.

Are you specifically talking about parlay? I assume you are because you mentioned "wait for the last match to be green" or "cash out early with the last match pending".

I don't think there is a single formula to this. There will be certain factors to consider. It could be about the winning probability of the last match. If the last match has low odds like 1.10 or 1.20 or even 1.30, I don't think I'd opt for an early cash out.

But it also matters how many legs your parlay has. If you've already won 8 out of 9 or 6 out of 7, I guess I won't wait for that one last match anymore. I think I won't risk or compromise those 6 or 8 wins just for that one last remaining bet. I might cash out.

Again, there isn't one rule.

*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
-If you do really know on when to cash out then you can be able to have that early cash out thing then it do simply shows that you are wary into the risks involved. Somewhat its hard to make out these early cash out because you will be thinking that what if it will be a complete win? you will be having that regret that you had missed out on getting much bigger win and that what makes bettors will be thinking up this way.

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
-Not that much but it will be good if there's an option on which you can be able to have some early cash out because there are indeed instances that you will be having those kind of intuition or inner voices that you should be securing out your early cash out despite of being less in compared to the total amount. It will really be just that up to you on how you will be dealing up with things accordingly because if you arent that good when it comes to decision making the you will be ending up on bad decisons which will lead into desperation and impulsive feeling.

Many people say and advise us to have the ability to stop at the right time no matter what the situation is, such as when winning then rushing to stop and cash out, or when losing also stopping and leaving gambling at that time, all of that is recommended not without reason but because that is what a gambler must do if he wants to stay in a safe and comfortable situation.

Because the fact is regardless of your purpose of gambling basically getting a win will be much more fun than losing, and when it turns out you win then what are you waiting for? It is the win that makes the gambling experience much more enjoyable and that is the reason why cashing out early is always much better, because if not then in the end regret will often come and when you can't control yourself then that's where the starting point is you will fall and be carried away by the current of aggressive gambling.

The root of not cashing out early is greediness and not being satisfied with the winnings. You should make it a habit to be satisfied even if the profit is not that huge if you want to make money from playing.
Its not everyday that you can win and cash out and enjoy the game; you cash out, have some drinks, and be happy on the thought that you beat the house.
You only go all out if you can take the loss, be okay with the loss, and understand that the longer you play, the higher the chances that the house can take over and beat you.

If you can cash out early, you will save yourself from loosing money. You can cash out and then replay the outstanding game with your choice. Even if you loose in such a situation, you will know that you did not loose all the money you won. if you win as well, it becomes a double win. This option does not occur to people because they have no idea about this strategy, but I think it can help.

Since having a cash out will give you some money higher than the amount bet with, why not cash out to save yourself the regrets of not having some cash with you. A half-bread is better than none.

Cashing out seems to be the best strategy some gamblers take, to have some money with them than nothing. It doesn't seem nice, you lose everything, to what you would have simply avoided by cashing out on time before the last game finishes

Yes the idea is taking, of course I think is actually good for a gambler to split the game into two slips so that Incase if you want to Cash out it will enable you Cash out one and leave the other one to play finished. While most people's normally end up regretting at last after they have cash and the game finally play is because they didn't reason this idea before placing their bet. just like me ever since I experience  such thing in gambling I'm always calculative whenever I am playing gambling, so that Incase if I Cash one I would still have one as extra.

If you keep a balance in your gambling account, you will definitely want to make unnecessary bets at times. Suppose I win five bets out of six bets in a week and all my balance is in the betting account, in this case I can't control myself easily or for my own good I must cash out from the gambling account so that the balance is not enough and unnecessary bets later on. But if I keep 10% or 15% of the balance without cashing out completely, it will be easier to make a deposit to the gambler's account later and make my next bet easier.

Of course the most important aspect of gambling is if you manage to cash out anything.

But the sad sad reality is that most people will never manage to cash out anything from gambling. Most deposits completely end up back to the casino. And the vast vast majority of people leave losers. Only a tiny fraction of those walking out of a casino walk out with profit. Maybe 10%.

So those saying they're good at gambling are always lying. Because if you keep playing it's a statistical impossibility to not become a loser over time due to house edge.

I think the best known casinos sometimes have a cash out option and sometimes they don't, but if we look at the various situations where it could make sense, I think it's about the number of games you have played and how much you would lose if the last bet goes wrong. I think what makes a lot of sense when there is a lot on the line because a multi bet with maybe four or five games, watch the last one and decide how it goes. The way the game goes has the most impact on my decision. If you see that the team that is supposed win such that you win your multi bet is under pressure heavily, maybe taking out the bet via the cash out option is the way to go. If the game is on the fence, then either take it as a lottery ticket from there on depending how much more the payout would be, but if it goes well and only a lucky punch could destroy your bet slip, then either take the thrill or cash out. But the dynamic of the game, if you can follow it, is the most important indicator for me.

Now if you play one of these mega crazy multi bets and you are at 8/9 correct answers already, I don't know. Maybe it is important to consider how much you have staked as that contributes a lot to the multiplier. If you can like 10x your money and you bet with $5, then maybe it is ok to take take the risk than if you do it with $50.

But I am not a friend of huge multi bets anyway. Of course if you hit it, then it is fun but I think in most of these multi bets that have more like maybe five to six games on them, most people don't play with too large amounts.

Yes, I think so. The amount given for cash out is bigger than the amount staked so no matter what time you cash out, you're at a profit except you cashed out when the game was going negatively for you.
I don't blame people who don't cash out because it's not that simple. Sometimes it's a single game with an option that is sure to come. Imagine a team like Barcelona not being able to score a goal against Leganes at home. If that was your last game you won't cash out because there's no way you'd think Barcelona won't be able to get a goal at home against Leganes.


I won't say "number one requirement", but that's something I look out for. I don't cash out much so I can't say it's my number one requirement. 

There's no need for us to wait for last match before to decide to cash out since seeing our stats if we are already winning or losing is enough for us to decide on what next thing to do. Since deciding to continue until the end of whole event is crazy and usually I don't bet all all matches around.

For question cash out early help to mitigate the risk of losing well yes for sure it is since you are just helping your self to avoid experiencing more painful defeat especially if you are having a rough day.

We should cash out when there's a chance to do it since its so bad to regret when  losing it if you choose to continue then lose at the end.

I don't really love following my games one after another, it's another emotional turmoil for me. It's better staking it and visiting my bets when the last match has played for the day or the last match of the bet has played. I check if I've a win or not.

This helps me not to stake more than I planned too soon since regularly visiting your stakes can make you gamble more based on the outcome of your stakes. Moreover, if at the end of the day I visit my bets and there's a reasonable cash out, I can decide to take away profits if I need the funds to handle one or two concerns or to leave the bets for the next day games to play out.

There are other threads asking about that too and I think that the cash out leaves a lot of space to the casinos to abuse on this option. Most of the well known casinos will only offer you selective cash out options, for example where I play if I find a ticket with a lot of games that came through and only few are missing the cash out option disappears magically and I cannot withdraw. It is a shame because I use multi tickets with 25 games and odds of well over 80.000x sometimes and the cash out should be like 15.000 to 20.000x when only 3-4 games remaining and that should also serve as a teaser to the player, I would take that x20.000 any day and sleep tight rather than waiting all games to finish in order to get the maximum odd, casinos know this and play hard on us with such option. It is king but it is more of a trap I would say.

I'd love to cash out once opportunity comes for a win, but not all gamblers as lucky as you because luck isn't for everyone else. However, looking into fun and excitement there's no wonder we're really having huge chances to experience same thing as others do with sports betting. Though we can't win exactly towards our target scores, at least we got good company as well.

Well good for mate. But for me it depends on the game and the circumstances or what I feel would play out, I have made many cash out of which many the actual game still turn out to play in full and believe sometimes greed would actually make you feel a little regret to why you cash out the game, that's from my own experience by the way. But on a general scale I think the percentage of gamblers that would agree on cash out is definitely more than the regular gamblers that take the full risk.

I confirm that and I will also support it. Securing profits from gambling more quickly is a decision that is sometimes difficult for gamblers to make, but this method is very wise so as not to lose more. Forcing himself to gamble when he is in a winning position, this gambler must know that he must be prepared for all the consequences, including total loss. But I don't know any gamblers who can really control all that well.

the nugget that says "never you fail to take profit no matter how little it is" is one that have huge application in this.

even though cashing out might be tricky sometimes and the rest of the games that is remaining might look like those that might end up playing, the fact that it is still uncertain if that will happen is one reason why you should always cash out except you are ready to face the trauma that comes with waiting till the end and end up finding out that things did not go out as expected. greed is a huge bastard that ought to be overcome while playing your bets because it is the number one reason why people don't like the idea of cashing out along the way. even though cash out is ideally set out by gambling platforms to distract people from getting the complete pay out, it is still a win win case for both parties.