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Topic: Cash out in gambling is still king - page 9. (Read 2074 times)

sr. member
Activity: 728
Merit: 421
December 24, 2024, 01:40:37 PM
#64
Well I think cashing out is never a mistake when it seems that the last game would not be favorable. Sometimes, it is best to take such step to save yourself the stress of regret because the cash out might just be your saving grace at the moment which you should be sensitive enough to utilize. One thing I have come to realize is that greed do not allow people take the step of cashing out immediately. They want to take it all and in some cases, it works out while in most times it does not go down well with them and they loss everything as a result of their greed.

However, if one trust the last team to play to deliver a good win, then they have no issues but if not, it is better to make the move than to loss everything at hand. It is better to get back your initial capital with a little profit added to take up another bet than to loss entirely out of greed to take it all.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
December 24, 2024, 01:39:05 PM
#63
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.
Being responsible is the real problem here. Your greedy level will not let you to decide about cashing out. If you are able to cash out even partially like you are able to secure your initial bankroll at least, then you may remain risk-free for the rest of the day. Honestly I never think about cash out in the mid of my gambling but I will always look for multiplying to enhance my chances of hitting bigger. Emotional balance must be the key and unfortunately in my 10 year long gambling history, I guess I yet to attain such level in my emotion management.

I don't make too risky bets with long combinations, but I don't expect high profits either, I'd rather win more often, but less.
When you are not into risky bets, how could you expect high profits; anyway, winning many bets but for small amount might feed your gambling thirst and that must be the right way to gamble in my opinion as well.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 24, 2024, 12:23:20 PM
#62
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
In determined situations and on short run it truly helps to avoid losses, but on long term it doesn't make much difference, since the gambler will be at loss, anyway. I don't think there is a best alternative on this case. I believe that if someone places a bet he should be prepared to take it until the end, otherwise, why did he place the bet in first place? Maybe he did it just for fun without taking the chance of winning seriously. On that case I think it's valid to cashout before it's too late, but if the bet was carefully analyzed by the gambler, I think he will wish to see it becoming reality...

After all, it will always depend on the mood and level of gambler's self confidence on the respective day and moment.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
December 24, 2024, 12:12:26 PM
#61
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.
legendary
Activity: 3234
Merit: 1214
Casinopunkz - Anonymous Crypto Casino
December 24, 2024, 12:02:34 PM
#60
Even when we place bets on assured winning odds, there are probable chances of losing the bet. This happens, and this is all about the luck. We don't think about luck as a major factor, but it has got its role in each and every bet. We've placed a bet on a winning odd. Fortunately, the team we chose didn't perform well. That is when we need to think of available chances to limit the loss. This can be achieved through the cash-out feature in which we're given the opportunity to, while the odds keep fluctuating depending upon the match situation. This is a good feature that helps gamblers lower their loss, and for the gambling platforms, this feature will bring profit when gamblers cash out at a lower odd than the previously chosen odd.
sr. member
Activity: 840
Merit: 437
December 24, 2024, 11:54:02 AM
#59
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?

Some will say its a decision made by the newbies in gambling, while some will say maybe its another privilege given to help them rethink on their judgment about a particular game before it ruin the entire bets, so i will say that this is mostly base on our individual interpretation for it, if we think its a wise decision for us to cash out before losing it all and blaming ourselves., then we can go ahead except on a contrary case.

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

Not really, what drive most gamblers to a new gambling platform is their promotional offers and other combinations of gambling services to gambler which are under new approaches or services.
legendary
Activity: 3500
Merit: 1354
December 24, 2024, 11:42:27 AM
#58
Cash out earlier feature is a useful feature for sports bettor especially if they want to cash out earlier when the think that the last match (on a parlay) will be a lose or gamblers use it when they are already satisfied with the winning from the other matches on the parlay.
In a single bet case, early cash out can reduce the chance to lose all the bet amount but I dont think early cash out feature is rarely used on single bet because usually once a gambler place a single bet then they will wait till the match end.
I use early cash out feature few times so far but I did not do full cash out, I mostly did a partial cash out so I still have a chance to get additional amount in case the last match will be a win and make the parlay bet success.
legendary
Activity: 2772
Merit: 1888
Rollbit.com | #1 Solana Casino
December 24, 2024, 11:39:42 AM
#57
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
I suppose that this will help to minimize losses, because the less money (or less time) is on the casino deposit, the less temptation to play "just one more bet", which often leads to a gradual loss of the entire deposit.
LOL, I laughed reading your comment about "just one more bet" because it always rings in my ears when starting a gambling game.

All the deposits I made were slowly disappearing even though at first I won and the casino balance became 3x,
but in the end because there was always a chance to keep betting with the whisper of "just one more bet", it really wasn't the last bet, but it made all my balance just disappear.

Being a learner is also for me not to make too many deposits on my casino account, and only to deposit small amounts just for fun,
not to make big profits that I end up losing everything.
legendary
Activity: 2562
Merit: 1119
December 24, 2024, 11:23:55 AM
#56
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
yes, I mean, cashing out early literally means that you are ensuring your win, it may not be as big if you won all your games but it still ensures that you have won.

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
personally no, I rarely bet on sports so it is not a requirement for me but I am sure a lot of gamblers would look for this feature as it gives them the option of cashing out.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
December 24, 2024, 10:14:57 AM
#55
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.
But what about playing for fun, not for profit? Smiley Enjoy gambling until you lose your last penny? Smiley

*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?
I suppose that this will help to minimize losses, because the less money (or less time) is on the casino deposit, the less temptation to play "just one more bet", which often leads to a gradual loss of the entire deposit.

Also, the withdrawn money creates a "psychological level of discomfort", when the more extra steps (actions) need to be taken for this or that action, the less desire there is to complete this matter. Simply put, the more likely it is that you will not make another bet.

*Is the cash out option availability a number one requirement for you when joining a new gambling site ?
For me, this would certainly only be a plus.
sr. member
Activity: 784
Merit: 250
20BET - Premium Casino & Sportsbook
December 24, 2024, 09:41:12 AM
#54
It depends on each gambler's target by strategy because the possible outcome they come up with may not happen at all. Cash doesn't really carry any money so it doesn't carry any amount of cash out. Because the cash out option has placed many gamblers in a better position than gambling because once they have made a profit, they will stop there. But this option will not be easy for everyone because there are many addicted gamblers who want to stay inside the bet and forget about the cash out thing. If i wanted to move it cashing out really helped reduce the risk of losing outright gambling.
full member
Activity: 266
Merit: 133
December 24, 2024, 09:32:04 AM
#53
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.
Smart choice! Gamblers need to get over their greed for winning the big loot when they see a cash-out option. There's a probability you won't win. I saw a trade where someone bet with $4, and the winning amount was over $700. He played 19 games, won 18, and was offered a cash-out of over $400. He refused to take it, played the last game, and lost everything - his $4, the cash-out option, and the potential winning amount. He was frustrated.

Imagine winning over $400 when you played with just $4. That's 100x your investment. But because of greed, he wanted to win the entire amount of over $700. Gamblers really need to discipline themselves. If you played a game with $10 and saw a cash-out option of $500, why not take it? That's a lot of money too.

Losing everything and feeling guilty about not taking the cash-out option hurts more. The pain of knowing you could have won, could have gotten 100x your money, is unbearable. That's why I'd take the cash-out option. The uncertainty in gambling and the guilt that comes after not taking a cash-out and losing the game is painful.
full member
Activity: 462
Merit: 136
EVO.io
December 24, 2024, 09:26:30 AM
#52

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 ?


Cashing out is not completely a good idea neither is it  completely a bad idea, there are games you can not be able to cash out no matter the odd because you will be so convinced that it is going to play for example now, You played a game to win a good amount of money and what is remaining is for Real Madrid to win a club or team like Burnley and Real Madrid is in there best form, can you  be able to cash out this game knowing that anything is possible in the game of football? It is obvious you can not cash out the game though there are few person that will have the mind to cash out but me in particular I can not because it seems to be a sure game.

What if you cash out the game and the game entered, how will you feel, me personally everything will irritate and annoy me and the other hand what if you didn't cash out and the game cut, this is another problem. The only solution to this is that always rebet your game that is make a two copy so that in case of this scenario you can be able tk cash out one and leave the other that's what I always do because I have fallen victim of this before.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 24, 2024, 09:23:43 AM
#51
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.

Makes no sense.
You either cahs-out with the sum you have or you hedge your bets, getting on the last round on the adversary with half of the returns, which is basically what the cahs-out is doing anyhow as they calculate the odds of that happening and the winnings, you a check that yourself by placing a few games spread apart over days and see the numbers.

Also, purely statistically, with millions of bets happening the probability of the first game being the losing one is just the same as the last game on your parlay to lose, so the thing about this being an extraordinary event is just a thing of perception.

Sometimes waiting for the last match to play out is a sign of greed because if you placed a bet slip of 20 games and 19 was successful what's the point of waiting for the last game when you have a cashout offer that's bigger than the capital you used to stake. You can only say you lost when your cashout offer is smaller than your stake and this happens when your bet isn't going according to your prediction.

Actually, this is not true, take a $1 bet on 20 games and check the cashout options after your first game has won, you might have a surprise.
Second, it also depends on how much is at stake in the last game and how much you have bet on it, do I have a 30x parlay but the last game is 6x, so what would be the point if I bet $2 to take home ten rather than as a true gambler wait for my possible $60 win.

legendary
Activity: 2758
Merit: 1228
December 24, 2024, 09:20:22 AM
#50
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.
It really depends on how someone handles gambling and for me it is much better to withdraw profits earlier than to continue betting and eventually lose everything. Almost most people do not understand the risk of losing and they will try to bet on a much larger capital after winning a match. But in the end the bet will lose and all the money we won in the previous match will also be lost, because it is not certain that waiting for the last match to turn green will always provide certainty in gambling.

For me no because the most important thing when I want to place a bet is that I pay much more attention to a site that has a good reputation. Are there any gambling sites that do not have a withdrawal option, I don't think I have ever found such a site so far.

Hard to engage on something to excessive and doing that its like we are heading on more risky condition. This is one of many reason that a gambler should aim to determine on when to cash out since with this they can develop good discipline. If they are just betting randomly and didn't set a goal then maybe they would really come into that condition on which they continue to gamble without having any plans to cash out or quit. This is common action done by greedy individuals that's why majority of those people didn't decide to cash out while they are in profit always experience a bad situation and usually they end up regretting on their losses so people should avoid to experience this situation and stick to do good decisions so that they can possibly cash out their winnings as early as they can.
hero member
Activity: 1722
Merit: 895
December 24, 2024, 09:05:25 AM
#49
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.
It really depends on how someone handles gambling and for me it is much better to withdraw profits earlier than to continue betting and eventually lose everything. Almost most people do not understand the risk of losing and they will try to bet on a much larger capital after winning a match. But in the end the bet will lose and all the money we won in the previous match will also be lost, because it is not certain that waiting for the last match to turn green will always provide certainty in gambling.

For me no because the most important thing when I want to place a bet is that I pay much more attention to a site that has a good reputation. Are there any gambling sites that do not have a withdrawal option, I don't think I have ever found such a site so far.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
December 24, 2024, 09:05:15 AM
#48
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.
The cashing out feature is really a benefit for gamblers because we can do it when the profit is in sight even though there is one more match left that has not been completed, honestly this has been utilized several times and is profitable, but just like you several times ignore cashing out because you want the bet to win perfectly.

Yeah, it depends on ourselves how to do it, while there are opportunities and opportunities offered by the bookies to cash out with decent profits, we should take that opportunity, don't regret it after losing the bet.
hero member
Activity: 2786
Merit: 705
Dimon69
December 24, 2024, 08:32:37 AM
#47
*Do you think to cash out early really helps mitigate the risk of losing much or chasing losses ?


Yes, It’s the real purpose of cash out because in the past the only way you can cash out bet is by betting on the opposite side to balance your bet especially when you placed a bet that you didn’t like and want to stop betting without losing money.

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

Not really a fan of cash out but it’s a nice tool for gambler. As a bettor, I usually bet to see the outcome not by pure profit so I always wait until the end or cash out whenever I’m not interested anymore on the match result.
sr. member
Activity: 504
Merit: 300
Sibi Dabo,,,,,,, Teme Ini Na Sime
December 24, 2024, 08:19:02 AM
#46
Sometimes waiting for the last match to play out is a sign of greed because if you placed a bet slip of 20 games and 19 was successful what's the point of waiting for the last game when you have a cashout offer that's bigger than the capital you used to stake. You can only say you lost when your cashout offer is smaller than your stake and this happens when your bet isn't going according to your prediction. Most gamblers end up regretting when they cash out a bet that later played out, this regretful feeling is unnecessary, what if you had lost the bet? The most important thing is about making profit no matter how small it may be.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
December 24, 2024, 07:48:17 AM
#45
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.
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