Yeah, I would say I agree with you on most things here that it is certainly what makes the most sense to cash out your bets instead of leaving them on exchange. It’s kind of like leaving your cryptocurrency coins on an exchange as we all know it’s not a good idea Especially when the money is converted to Fiat and bitcoin takes a huge rise and that money that you have in Fiat well all that gains are going to your casino outlet. That really sucks. .
Topic: Cash out in gambling is still king - page 8. (Read 2074 times)
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 think it is bad for a bettor to experience such emotions, such as regretting when a bettor did not withdraw money and his bet lost. He cannot know in advance how the match will turn out. And it is clear that if someone decided to stay in the match, it means that this person at that decisive moment estimated the chances and thought that at that moment he was right. Of course, it is easy to say later, having learned the results, "how could I make such a stupid decision," but in fact this means that at that moment he was wrong, but since he made such a decision, he had arguments for it. And this is similar to FOMO, which is a feeling of the weak and inexperienced. You need to respect your own decisions at the moment.
gamblers must focus on their goals when they bet before, whether they just want to get some profit or let it go until they get more profit than they should. but whatever decision is taken by the gambler certainly has a risk, and the longer they wait until the match is over, the greater their risk of losing the profit they should have gotten. if the gambler is ready to get more profit, then they must be responsible for it, they can wait until the match is over, if the results they get are not as they expected, then they must accept it. what is important is whatever the result is, the gambler must accept it, even when they lose their potential profit. and therefore it is important for gamblers to know their limits, lest their decisions become regrets for them.
Yes, I think the "cash out" option is one of the best features of online sports booking because it gives a chance to gamblers like us. I have taken advantage of this option many many times and I can say that I made some good money from it. But, I cannot deny that I also had been greedy many times and tried to finish my parlay even though the "cash out" button was already open for me to get out.
Let's be wise in using this. If we see something like x5 - x10 profits when we do early cash out then I think it's decent enough and we could always try again the next day using those funds.
Indeed, chasout is the most correct way that should be done when you have already gained profit in the bet that was made, although sometimes having a feeling or instinct can win again but it is quite risky because the victory that has been obtained can be lost again because it is bet again. I also often get victory and so do the defeats. I think it is a natural thing to happen, because everyone who gambles has felt it I am sure.Let's be wise in using this. If we see something like x5 - x10 profits when we do early cash out then I think it's decent enough and we could always try again the next day using those funds.
But it should be that by having experienced something like this we should be able to learn lessons such as not repeating what has happened and done, I know it feels quite difficult but we must be able to establish discipline because after all we ourselves determine everything as well as the results that will occur.
Honestly, cashing out early is a loss, even though in reality you get your money back, but you only get a few percent or only a little of what you get. So, instead of cashing out, I personally prefer to lose, it seems to be the best and also honorable choice as a gambler. Honestly, indeed, I have tried several early cash outs, but what I feel is that early cash outs only lower my personal self-esteem. With that experience, I personally prefer to lose honorably compared to cashing out early which I personally feel lowers my personal quality. But yes, it all comes back to your respective personalities, because you can do it with the comfort you feel that makes gambling good.
Seriously you do prefer to lose? You are one of the few persons who prefer to lose rather than cashing out pennies. Well, the reason for gambling is to make a profit what is the essence of gambling when you bet and get back the amount you used in staking? I agree with you, if there is one game left or few games left with a high probability that the game will end up playing then it is ok to see it till the end. There are two options there either you win or lose, refunding is not an option IMO. 
Cahsout isn't restricted to anyone or any terms. It's just the algorithm on the casino to let gamblers manage their bet incase you are not confident in your predictions again or you are not sure if the rest of your predictions will go to through, this should be able to help you manage your risk and get something atleast instead of losing everything for waiting for the end of the game or games.
I agree, it's going to help each of us if we think that we're about to lose. But as long as it's allowed, we should do it because not at all times this feature is allowed to be chosen.
The bookies are wiser than us, remember that!
This feature is actually good for bettors who want to cash out if they feel they are on the brink of losing or those who want an assurance to have profit before they lost all the chance of earning. I have been there quite few times, cashing out before I lost it all. But of course, if you are confident with the outcome, then don't cash out.
Cahsout isn't restricted to anyone or any terms. It's just the algorithm on the casino to let gamblers manage their bet incase you are not confident in your predictions again or you are not sure if the rest of your predictions will go to through, this should be able to help you manage your risk and get something atleast instead of losing everything for waiting for the end of the game or games.
I agree, it's going to help each of us if we think that we're about to lose. But as long as it's allowed, we should do it because not at all times this feature is allowed to be chosen.
The bookies are wiser than us, remember that!
*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 ?
The cash out option might be tricky in most gambling site, I guess the system fault is not working proper else some result comes with a cash out option in time will sometimes I miss the whole opportunity. I don’t know if anyone can relate secondly it’s required the casino provide the cash out option because every gambler will always look forward to this. 
I use the cashout option too when i bet on football matches, if i have a few games in that ticket and the early ones got in, if i am not so sure of the remaining games, i cashout. Though sometimes i am ready to take the risk and i leave it for whatever would happen, i don't think that's being greedy as some people think, as long as you are ready to take a loss if it happens.
Well that's the main point, or what I mean is that it all depends on your own responsibility and acceptance regardless of the situation of the gambling scenario you are doing, it's okay to apply greed by taking very high risks as long as you have calculated everything, meaning as long as you are really ready for any possibility that will happen later, in simple terms I might say that the point is if for example you want to bet again using money from previous winnings by increasing the risk then you have to be ready if in the end the money is lost, and if it turns out that you are not ready to lose then cashing out early is the best decision. 
*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 ?
*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
It really does. I will explain my one scenarios and how it was able to save me. I will not mention the name of the team but I pace a bet with Team A to win Team B, it was a straight up match that I was to confident they are going to win but after waiting 15 minutes to the game, the line up was shown only for me not to see two key players of the team, that was when I started sweating immediately because I know the money is gone. I was lucky I saw cashout in the first minutes though I lost like 3% of the original stake and I was happy because the game went opposite of what I was predicted.
Cahsout isn't restricted to anyone or any terms. It's just the algorithm on the casino to let gamblers manage their bet incase you are not confident in your predictions again or you are not sure if the rest of your predictions will go to through, this should be able to help you manage your risk and get something atleast instead of losing everything for waiting for the end of the game or games.
*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 consider this a virtue. I used to have problems cashing out because I believe in the saying, Strike while the iron is hot, and its your opportunity to regain your losses in the past.
Lucky that I have learned from this and avoid this and cashout when I realize 5x profit, but I still sometimes go all out, that is when I am already playing in profit.
Cashing out is very important; you have to take profit from time to time so you will feel good knowing that you can make money from gambling sometimes.
I use the cashout option too when i bet on football matches, if i have a few games in that ticket and the early ones got in, if i am not so sure of the remaining games, i cashout. Though sometimes i am ready to take the risk and i leave it for whatever would happen, i don't think that's being greedy as some people think, as long as you are ready to take a loss if it happens.
It is interesting to read everyone's opinion on it and I have cashed out a couple of times when I got the chance if the offer is good enough. Nowadays, I am not a fan of multiple betslips but I did that a lot before by combining different sports and if I was 1 or 2 bets off, I would often cash out and in a lot of times it was the right call. It is a never a bad idea to take a profit.
What you said about cash out is simply the basics behind cash out because if the gambler is offered good amount and then you check the situation surrounding the betslip, checking if the possibility of the game playing through is higher or lower then I believe that's where you draw your decision to cash out or leave for the game to play out. Although I have also seen gamblers that believe that ay gambler who cash out his bet is actually not a true gambler as he makes claim that a real gambler always gambles to the finish.
I would definitely cash out my game if am offered a cash out option especially if the offer is tangible enough for me because I believe it's greed sometimes that make gambler think otherwise of actually taking the offer that the casino gives them, I have seen so many times that a gambler gets to lose huge amount of supposed money to be won just because they refused to collect it and instead decided to wait for the full money.
Greed is one thing that have messed up a lot of gamblers since from inception. Although you cannot take out greed from the minds of gamblers reasons why gambling and greed are always on the same page, however, one's ability to control the mind from being romanced with gambling will assist a gambler greatly in avoiding addiction, emotional distress and significant losses. Sometimes or let's say most of the time, greed contributes to the failure of many gamblers resulting to false hopes. It gives many gamblers this idea of winning big on any chance they've got to gamble without looking beyond that thinking and focusing on even the little wins. You see events where gamblers go into huge gambling games with little resources and with the expectations of winning largely which most oftentimes end up as unrealistic imaginations. I believe gambling and greed are both inseparable however a gambler should always learn to control their gambling greed to achieve more results.
It is interesting to read everyone's opinion on it and I have cashed out a couple of times when I got the chance if the offer is good enough. Nowadays, I am not a fan of multiple betslips but I did that a lot before by combining different sports and if I was 1 or 2 bets off, I would often cash out and in a lot of times it was the right call. It is a never a bad idea to take a profit.
Cash out means two things, you either made a profit or cut your loss. This is a very reliable strategy for most gamblers that keeps on making money from their bets.
Because they know how to take their money back. And as for the people that have continued to gamble but without taking profits, they're doing it wrongly.
What they do is they keep their profits on their casino accounts and then uses it for gambling still which is not a good choice.
Because they know how to take their money back. And as for the people that have continued to gamble but without taking profits, they're doing it wrongly.
What they do is they keep their profits on their casino accounts and then uses it for gambling still which is not a good choice.
I would definitely cash out my game if am offered a cash out option especially if the offer is tangible enough for me because I believe it's greed sometimes that make gambler think otherwise of actually taking the offer that the casino gives them, I have seen so many times that a gambler gets to lose huge amount of supposed money to be won just because they refused to collect it and instead decided to wait for the full money.
Indeed, greed makes players press spin more and more often, and these players do not even know what amount they would stop at. But I think that this is a classic game, when a player reaches a win of a significant or large amount for him, and then for a second thinks about taking it, and at the same moment changes his mind and continues spinning. And even if he doubles this win, it will again be not enough for him, and the result will be a complete loss. I have gone through this experience many times and I can say with confidence, you need to take a significant amount so that it does not seem too small, but not too huge. Greed has left many players without money, remember this. 
I would definitely cash out my game if am offered a cash out option especially if the offer is tangible enough for me because I believe it's greed sometimes that make gambler think otherwise of actually taking the offer that the casino gives them, I have seen so many times that a gambler gets to lose huge amount of supposed money to be won just because they refused to collect it and instead decided to wait for the full money.
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
Everyone has a different view about this but I think the cash out option is a life saver, it takes away anxiety and greed. Experience they say is the best teacher and mine are not so cool. I've trusted my guts in the past on a good number of occasions and I've ended up losing. So, whenever I get a good cash out, I don't think twice and I just go for it. It's still a win since I'd be getting more than what I wagered rather than getting nothing.Haha but doesn't life saver mean that you put your life on the line in the first place? I am seriously because I see where you are coming from when you placed a monster bet and are then happy to cash out before it finishes, which could be more beneficial to you if you don't cash out. But if you call it a life saver, maybe the bet sizes you choose are a tad too big for your income disposable to gambling.
I think there should be some normal considerations going on as I said before, like watching the game and seeing how it goes and when the momentum changes from one team to another, but you could still take the risk and go for it all while at other times it can make a lot of sense to take the money off the table, but it should never be as dramatic unless you went for one of these lottery multi bets with a dozen selections where you can't stand the pressure and thousands are on the line while you put in only so little. Then I think the life saver term might come into play, but not for single bets if you choose the bet sizes correctly according to your bankroll.
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
Everyone has a different view about this but I think the cash out option is a life saver, it takes away anxiety and greed. Experience they say is the best teacher and mine are not so cool. I've trusted my guts in the past on a good number of occasions and I've ended up losing. So, whenever I get a good cash out, I don't think twice and I just go for it. It's still a win since I'd be getting more than what I wagered rather than getting nothing.Jump to: