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Topic: Cash out in gambling is still king - page 4. (Read 2074 times)

hero member
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ARTS & Crypto
January 04, 2025, 07:08:23 AM
I will try to judge such behavior of gamblers by the logic that occurred to me when I received winnings in the casino. I immediately began to think like this:
"This money will increase so quickly, I would have to work hard to get so much. Does this mean that if I continue to play, then the money I have will increase even more?
After all, I will then be able to quickly achieve those goals that I have outlined as very distant to achieve."
 This is exactly why people continue to play, despite the fact that they were just lucky, and are unlikely to be lucky again.
hero member
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Leading Crypto Sports Betting & Casino Platform
January 04, 2025, 07:07:22 AM
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.
hero member
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20BET - Premium Casino & Sportsbook
January 04, 2025, 06:48:14 AM
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.
hero member
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January 04, 2025, 06:45:02 AM
Interestingly, even after a full day of research, the outcome of the game can still be unpredictable. Sometimes over research before placing a bet can lead to more confusion.

A good example is that Chelsea match, where you were confident they would win, even rejecting a cash out offer. However, as we all know football is unpredictable. I think it's essential to cash out on time when opportunity arises, allowing us to play it safe and minimize losses.

When we have already gained some profit from the bets we have made, deciding to cash out is not wrong. In addition to minimizing the risk of loss if the remaining matches end not as predicted, we have also gained profit even though it will not be as big as the full bet.
The situation sometimes benefits us but also sometimes benefits the bookie. As you said, in the field all results may not be in accordance with what we predict.

In fact, stopping and cashing out the winnings is an action that is always recommended to be done when a gambler is in that situation, you have said the reason that by cashing out it is the same as us avoiding ourselves from the risk of losing the amount that we have previously obtained, I understand that there is a possibility that you can get a larger winning amount if the last game wins but what we have to think about is what if the last game turns out not to be as you expected? that's the problem, so from the beginning, honestly my principle is that prevention is better than cure, getting out with a little win is much better than getting nothing.

The most important thing is that gamblers can understand that when we do cash out, then we can only secure the winnings offered even though the amount is not like the initial target. One remaining match can change all bets, and the decision taken to cash out should not burden gamblers when in the end there will be regret for their decisions.
I have been wrong several times when deciding to do cash out, even though I still get a win, there will still be a feeling of regret when I see that the last match should have given a full win.
hero member
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January 04, 2025, 04:38:30 AM
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
I will always say that cashout is a neutral feature, that's why it helps some but disfavours others. You can use the feature today and be happy, and the same you may use the feature tomorrow and regret it. So we should continue to view it neutrally and admit that as we use it, we are even gambling on the end result.

Quote
*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
It's certainly not my first criterion for choosing my bookie, but it adds a huge deal if my bookie has it, however, it only counts in sports betting.
legendary
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January 04, 2025, 03:04:06 AM
*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 ?
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.

It also depends on your plan before you bet on specific match or game, because there are some gamblers that intend to bet in x slip but plan to cashout once in beginning or middle because that's what they can see or analyzed.
hero member
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January 04, 2025, 02:55:04 AM
That's the best way to enjoy the profits. Cash out and then leave. Do not check what is going to happen next because regrets will fill your mind and that may just lead to a bad decision to bet again and try one more time for a higher bet.
The cash-out option is an opportunity that we must take advantage of. It is giving us a chance to pull out which is not available for other games such as slots and casino games. In slots, there's always that urge to bet more even if you already won. Let's say you make $100 to $300 by betting $1 per roll, there will be this thought of a lucky day and continuing the bet until everything is gone. There's something about those games that will make a gambler try more and sometimes it's difficult to stop it.
Yes, enjoy the profits will be our reason to stop gambling because we already win. We can playing gambling in the other days so we don't have to be hurry. We need to take a break for a while after the winning because our minds will not be easy to control so with stopping gambling for a while will gives us a chance to take a breath. Withdrawing the money will help us to get the money so we can calm down ourselves and can think what next we can do.

Winning $100 to $300 will be enough for us to stop gambling because that is a big winning. We don't have to be greedy of wanting more winning because we may not have a chance to win more.
newbie
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January 04, 2025, 01:56:04 AM
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.
hero member
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January 03, 2025, 05:49:50 PM
There are matches that you think you are sure you gonna win but when the match is going on, it can change your mind and you may lose more if your dog is losing, you still can csh out also while losing.
This is why I think that cashout is more important when it comes to sports betting than any other form of gambling, because we have the time and chance to change our minds before the result of the game comes out after the match has ended.
 
In some cases, for a parlay, when some of the selected matches have played in your favour and the ones that are left you no longer trust what the outcome will be, it's always advisable to use the cashout option, take what you see as profit, and leave rather than waiting and losing everything to the casino.
legendary
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January 03, 2025, 05:29:39 PM

Greed always results bad ending. It is not only in gambling, it also happens in other fields. It is actually related to self-control, we must be able to control our desire.

That is very true, we are just playing and we want to win, knowing that self-control is not only based on spending less money or controlling emotions, but also controlling greed, which is the worst of all feelings, at least when you are in a casino, we must Manage those Feelings if they seem so that we have a good performance in the casino and the casino does not beat us too much, at least taking out some money is Valid , that is Why you have to take advantage of withdrawing and leaving when you can, when you have some profit it is Better to do it.

Gambling especially in casino games is an activity that refers to luck, you can be very lucky to get a fantastic amount of winnings that maybe even other people can be amazed by your luck but in the end of course we must stick to the initial understanding of how the concept of winning and losing in gambling, winning is nothing more than a chance and losing is another part of the game that can never be separated while you are still playing.

Basically it is difficult to get a lucky streak and even 2x is quite difficult, so this is the reason why cashing out is always recommended to be done early, because besides being able to prevent you from regret, this action will also be useful and give you the opportunity to enjoy the results of the victory you get.
hero member
Activity: 1792
Merit: 728
January 03, 2025, 05:16:35 PM
Interestingly, even after a full day of research, the outcome of the game can still be unpredictable. Sometimes over research before placing a bet can lead to more confusion.

A good example is that Chelsea match, where you were confident they would win, even rejecting a cash out offer. However, as we all know football is unpredictable. I think it's essential to cash out on time when opportunity arises, allowing us to play it safe and minimize losses.

When we have already gained some profit from the bets we have made, deciding to cash out is not wrong. In addition to minimizing the risk of loss if the remaining matches end not as predicted, we have also gained profit even though it will not be as big as the full bet.
The situation sometimes benefits us but also sometimes benefits the bookie. As you said, in the field all results may not be in accordance with what we predict.

In fact, stopping and cashing out the winnings is an action that is always recommended to be done when a gambler is in that situation, you have said the reason that by cashing out it is the same as us avoiding ourselves from the risk of losing the amount that we have previously obtained, I understand that there is a possibility that you can get a larger winning amount if the last game wins but what we have to think about is what if the last game turns out not to be as you expected? that's the problem, so from the beginning, honestly my principle is that prevention is better than cure, getting out with a little win is much better than getting nothing.
hero member
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January 03, 2025, 04:04:46 PM
That adds pressure and uncertainty about what to do next.
But I still believe that using the cash-out option can help minimize losses, but it can also become a reason for missing out on the chance of winning big. That is why we shouldn't rush, instead we think carefully and analyze the situation thoroughly.
Mistakes can happen as it was inevitable, but at least we are prepared. We don't want to be in a situation where we become confident because it might be possible that the results are far different.
Even then if we just cash out our bet before ending the betting that will not bring us win or the profit. That will also have some losses. And sometimes it will also happened in to you when you will think about to the cashout then after seeing the cashout amount there will be no interest in your cash out.
This happened to me in the case of sports betting. Once I bet on a sports match, but after the match was halfway through, the chances of the team I was betting on winning had decreased significantly. Later, when I checked the cashout option, I saw that if I cashed out the amount I had bet, I would only get 20% back. That means I would lose 80 percent.
So I didn't cash out even though I lost that match.
legendary
Activity: 2632
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Leading Crypto Sports Betting & Casino Platform
January 03, 2025, 03:56:55 PM

Greed always results bad ending. It is not only in gambling, it also happens in other fields. It is actually related to self-control, we must be able to control our desire.

That is very true, we are just playing and we want to win, knowing that self-control is not only based on spending less money or controlling emotions, but also controlling greed, which is the worst of all feelings, at least when you are in a casino, we must Manage those Feelings if they seem so that we have a good performance in the casino and the casino does not beat us too much, at least taking out some money is Valid , that is Why you have to take advantage of withdrawing and leaving when you can, when you have some profit it is Better to do it.
legendary
Activity: 1806
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Wheel of Whales 🐳
January 03, 2025, 11:50:18 AM
In playing gambling you must need to know too how to handle money and not just handle the game itself how to earn, if you have a self control and conscious with your balance you more likely make a set a side if your capital to your gains so you can easily identify and track if you are already in your limit with your wage and losses, now setting a side the capital or percentage of the total wins makes you more secure at least you have another money to your next game but of course you must need to stick with your plan and not get carried away with your emotions sometimes if they knew that they are still have a balance they immediate makes a play so they can handle their losses back again but ended up to lose their money instead. The same with savings you must need to care and cut your money consider playing safe still.
hero member
Activity: 826
Merit: 583
January 03, 2025, 11:09:34 AM
Interestingly, even after a full day of research, the outcome of the game can still be unpredictable. Sometimes over research before placing a bet can lead to more confusion.

A good example is that Chelsea match, where you were confident they would win, even rejecting a cash out offer. However, as we all know football is unpredictable. I think it's essential to cash out on time when opportunity arises, allowing us to play it safe and minimize losses.

When we have already gained some profit from the bets we have made, deciding to cash out is not wrong. In addition to minimizing the risk of loss if the remaining matches end not as predicted, we have also gained profit even though it will not be as big as the full bet.
The situation sometimes benefits us but also sometimes benefits the bookie. As you said, in the field all results may not be in accordance with what we predict.
hero member
Activity: 2702
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Nothing lasts forever
January 03, 2025, 11:08:38 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 personally prefer cashing out too as it gives us a guaranteed chance to win.
I know the potential gains decrease if we cash out but at least we are winning something whereas we could lose everything or win more if we keep waiting.
It's still a 50-50 chance while on the other side there's a 100% chance to make profits, although small.
So yeah, cashout is a great option to have and definitley something that I look up to while joining a new gambling site.
hero member
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January 03, 2025, 11:02:56 AM
I have seen many gamblers who are in good profits at the beginning of gambling but they stop gambling and continue gambling without cashing out because then the greed of winning more works in them.
That’s a different kind of cashing out you’re talking about, you’re referring to withdrawals, right? The cash-out mentioned in the OP is a sportsbook feature where they offer you an amount to cash out early, ensuring a profit (or minimizing a loss) before the game even finishes.
sr. member
Activity: 616
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January 03, 2025, 10:48:50 AM
I have seen many gamblers who are in good profits at the beginning of gambling but they stop gambling and continue gambling without cashing out because then the greed of winning more works in them. I myself have had such an experience. I tried many times to quit gambling but I couldn't control my emotions due to which I kept going back and losing again and again and now my average loss is a huge amount. I have a target of being completely free from gambling in 2025 but I don't know how long I will be able to control my emotions. As easy as it is to think about quitting gambling or cashing out of gambling after making some profits, it is much more difficult to implement in practice.  Gambling then takes our brain under its control like magic
legendary
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January 03, 2025, 09:57:08 AM
Too much greed is something that always ruins a gambler. Perhaps there are a lot of gamblers who already win but are so unfortunate that because of the desire to win more money, they continue gambling and end up with empty pockets. If this is our gambling approach, no matter how many times we win, we just lose it all and the money goes back to the casino. This tells us how important it is to have control of our emotions. If we win, we also know how to cash out and take some breaks.
Greed always results bad ending. It is not only in gambling, it also happens in other fields. It is actually related to self-control, we must be able to control our desire. I'm sure this mostly happens for new gamblers, it is because they didn't experience bad ending of being greedy yet. But for experienced gambles, they must know when the time for withdraw the prizes. Old gamblers must understand that there is no guarantee to keep winning. It even tends to get more losses when we already won quite big prizes.
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.
That's the best way to enjoy the profits. Cash out and then leave. Do not check what is going to happen next because regrets will fill your mind and that may just lead to a bad decision to bet again and try one more time for a higher bet.
The cash-out option is an opportunity that we must take advantage of. It is giving us a chance to pull out which is not available for other games such as slots and casino games. In slots, there's always that urge to bet more even if you already won. Let's say you make $100 to $300 by betting $1 per roll, there will be this thought of a lucky day and continuing the bet until everything is gone. There's something about those games that will make a gambler try more and sometimes it's difficult to stop it.
full member
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Wheel of Whales 🐳
January 03, 2025, 09:42:24 AM
When I bet on a match and research the match, I usually stick to that bet. I cashed out on a match last month, and the match was so terrible that it ended in a draw and the match was over. But my favorite team couldn't win, and my favorite team was trailing, so I cashed out the match after losing $3.37.
But most of the time, gamblers accidentally cash out on many matches, but now that I've done more research on these matches, I don't need to cash out anymore.

Before you place any bet you need to do a good research about those games so you won't have to play blindly, people that always cash out there game's are mostly those who didn't do proper research about those games they predicted however there are some situation in gambling even if you do a proper research about those games before placing the bet you need to cash out so you won't have to lose all your money, for example the game that just played on the 30 of December 2024 Chelsea and  Ipswich Town I never believed Chelsea will lose to Ipswich Town all the research I did it was clear that Chelsea will win the game but it turn out the opposite, I played that game Chelsea to win with other games too Chelsea was the only game lift to play the other games I predicted played according to my predictions, when the game started and Ispwish town was awarded a penalty and they scored they gave me cash out and I didn't cash out when the matched ended by Ispwish town winning Chelsea 2:0 I regretted why I didn't cash out, so the point is after you research before predicting if you see a game going the way you didn't expect please cash out.
Interestingly, even after a full day of research, the outcome of the game can still be unpredictable. Sometimes over research before placing a bet can lead to more confusion.

A good example is that Chelsea match, where you were confident they would win, even rejecting a cash out offer. However, as we all know football is unpredictable. I think it's essential to cash out on time when opportunity arises, allowing us to play it safe and minimize losses.
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