Topic: Cash out or keep playing? - page 8. (Read 3795 times)

I believe you are confusing "withdrawal" with "cashout". withdrawal is when you want to withdraw money from your balance account while cashout is when you place a bet on a specific game and during that same game the team you bet on is winning as there are still a few minutes left to finish the game so the bookmakers Bets allow you to cancel bets and keep those winnings from that moment, to make it easier to understand: imagine that you placed a bet on the Brazil versus Argentina game. you bet that argentina would win and the odds for argentina to win are 2.50 so you watch the game, in the 1st half argentina scores 3 goals and brazil doesn't score any goals

you placed 10$ on this bet, then the game starts at 2half, it turns out that at 70 minutes you see that there is already a cashout option of 17$, you can cancel the bet and end up with 17$ or you can not cancel the bet and wait for the game finish because then you will be left with 25$ if the game ends with Argentina's victory, the problem with this is that in a football game while the game is not over it is still possible that it will end in a draw, which is why making cashout in certain situations is a good choice, I hope that with my explanation you can understand what the thread is talking about, I'm not an expert in explaining things, so I hope you can understand

At first before making up your mind to go to a casino, you must have concluded of the outcome no matter what it is. It is certainly sure that if you go to gamble at a casino, you must commit your funds so therefore, you should know that going to the casino must give you a negative or a positive outcome however be the case.

When is comes to gambling, every gambler has his or her own pattern, tactics, styles or strategy as the case maybe and as you have said. Many use their skills and it works for them and most times not always but the truth remains the same that in every game, there must be a winner and there must be a loser and there is no two ways about it.

Sometimes our own uncertainty can work against us, because basically someone who is earning a lot of money wants to earn more, and that is where greed comes in, which is very bad, what the person has to think about and what Don't let it become a vague thought, it's because you're playing in a casino and that casino has a house edge, and that's why the house always wins, so I've learned that when you win in a casino, it's a considerable profits, each shot must be controlled, it is preferable not to risk a lot of money in the shots that are made, or in the bets that are made, in order to be able to save the money in some way, and it is based on the fact that we as players must always control everything that is emotions, impulses, or what others tell us, we have to be very emphatic with our money, we have to be very jealous, always stick to the plan we always have before playing, every good casino player knows this .

Besides, when a person is playing and winning, they have to consider that things move very quickly in the casinos and this can be somewhat difficult, as long as the person is sweetened with all their winnings, then many good things can be done, they can stop to please. What our brain says, and if what it wants is to win and be in the best possible condition, we cannot let everything be carried away, there must always be a reason, that says that we are in a casino, that we remember that the casino has the advantage, that We must take advantage of the luck we have had, if we lose once after a good streak, it is logical that what comes from there in adulthood will be pure losses, because that is when the casino exercises its advantage, unless the intelligent player stops, and Say no more, I will withdraw my money and enjoy the profits, because if I take a risk and come out with more money, that is already a success, and success has to be enjoyed, it has to be felt.

Correct; knowing your limits is key. Not everyone has self-control. Your addiction advice and prevention are spot-on! Its problem? Casinos make money, not hugs. And strategy or luck? Truthfully, luck is the main factor. Strategies may give you control, but the house always wins. Whats the lesson? Take risks, enjoy the game, but stay alert. You must know when to get off this rollercoaster. Remember that the house always wins in gambling, so play smart and have fun.

If a gambler can stick to his rules then he must cash out his winnings if he wins gambling. In gambling, every gambler must gamble with a specific target in mind and determine his gambling amount.
Suppose a gambler targets to gamble $100 per match and he must stick to that decision, if he wins $20 by gambling $100 he should withdraw $20 as I do. If we try to gamble again with $120 without withdrawing $20 and if we lose the entire amount, but the gambler has nothing left over, we should specify the gambling amount to keep something left over. When the gambling amount is fixed, we can easily understand how much we have gained by gambling or how much money we have lost by gambling.

The feeling of getting a big win is very exciting because we can earn a lot of money from gambling but that would be very rare for most gamblers. They will only experience big losses, and of course, their money will also be lost in gambling without having the opportunity to recover their losses. But even though we only get a small win, it can make us smile and it makes some gamblers think about continuing to gamble so they can get a big win. We have seen some of our friends who actually spend money to chase that big win but they actually spend their money without being able to get the big win. But when we see a big win that can reach 5x-10x, we should cash it out before the opportunity is lost immediately and we won't be able to cash it out at all.

Well, since you decided to continue playing with your small winnings, it is obvious that once you earn big in gambling, you may continue re-spending the amount in gambling.

Remember, that at some point, you should think of spending money out of gambling as then you can call yourself a person who utilized his profits, otherwise most people keep the money in the gambling and keep on playing with the profits over and over again until one day when they lose everything.

A better approach is to always keep a certain portion (percentage) of the winnings withdrawn out of the gambling site. This way no matter if you win big or small, you will always be in a position to enjoy profits from gambling.

Another reason to cash out immediately after a big win is simply that this is the right thing to do as it is part of the philosophy of this market, after all Satoshi created bitcoin to allow people to become their own banks, and if you let a third party to store your coins instead of doing it yourself, you are simply going against the intended goals of this market, and while it can be done and you can get away with it we have seen many people doing this before and losing their money because of this decision.

I haven't had a big win at Gambling yet so I can't say how I'll feel at that point. Because big wins naturally add a different feel. But the feeling I got from my small wins made me decide to continue gambling. Because I feel like if my bankroll doesn't grow then I can't participate in big bets. Although in gambling we all depend on luck but still I try to use that money as bankroll after winning. I try not to spend my gambling money elsewhere. Many of my close friends spend that money after winning and sometimes take help from others to arrange the money at a higher rate. I don't cash out until I make a certain amount of money from gambling.

It is a great idea, to do something like this, I think that the people who take this combination will not have addiction problems, at least they will know their own limits of having their capital and knowing how to manage it, as well as having a great time, things It may be like that, in fact if many of those who are now addicts had been given some advice, this type of thing could have been avoided, but that is not the case, we must be very emphatic about this, for example we have a case where A person has never been to a casino, but because of this he has had the best experience in 2 or 3 years, and he took it all to a casino. If the person is not so intelligent, he risks all that money, thinking that it is a lot of money. , and that he can probably multiply it, maybe yes, but if otherwise it doesn't happen, but he loses everything, how will he do it? What things could I do? It is not at all pleasant that the effort of a few years collecting and saving money was spent in a casino that did not last any time compared to the sacrifices that could have been made to be able to have that money.

Every player knows that the moment he enters a casino, the money that is there, he can lose, but how much are he willing to put at risk? It is not known because Each person has their own way of playing, and that is something that cannot be denied, we all do not think the same nor do we have the same economic capacity, therefore when we make any bet , we have to think about all the consequences. , both in losing and in winning, if you win, then it is not worth betting at all, because you can lose, that is not the idea, nor can you play with a pattern or with a strategy, sometimes strategies or patterns In the game it does not exist nor does it work, nothing makes us win with a formula or something like that, we always have to devise or find a way to have some luck by applying something in particular, that is why it has to be done Well.
                       

Good if that's the case, the mindset that many people should have when they bet is to cash out when they get a win even if it's small, because as you said it won't be easy to beat the house, and it's also impossible to beat the system that has been created. It will be difficult even almost impossible to beat easily. They play like there is no risk that will happen to them so they play confidently to get a big win, even though they have lost a lot of money, but still chase a vague victory. That is greed, and dissatisfaction is also what they feel when they win a small amount, so they feel dissatisfied with the winnings they get and continue the game by increasing the bet amount.

Only a few gamblers made it right and became successful while the majority struggled hard and just failed --that is how gambling works.

It is quite understandable that gamblers don't lose their hopes in luck. That is why instead of thinking of withdrawing their winning, they choose to keep it there because they will still use it the next day believing that it will grow and also, they are saving some cost of transaction fees. Withdrawing is considered when the amount is huge like hitting the jackpot prize but with that $5, I don't think it is worth enough.

A wise idea indeed, why bother to bring that money if by chance you have that opportunity to quit and use that money to celebrate your win.
Being practical and not thinking that you can win more will definitely give you that edge.

Most gamblers, if not all, will continue and will try to add more, as if luck will not stop and will continue to give them that streak to earn more.

They will only realize that huge mistake after they lose everything and after that the follow-up regret and all those what if they stop
and use those earnings for something much better.

Yes, that is indeed the best thing to do, but unfortunately not all gamblers can do that, my friend, the sensation of winning is extraordinary and it is very likely to make them forget all the precautions they have previously prepared, and that is why many gamblers behave greedy, all because the opportunity to win is greater than before, even though basically it is very unlikely for them to get the same luck at a different time.

In conditions like that I am sure and to be honest I have also felt that our self-confidence will increase even more and that will be a big incentive for us to apply greed by continuing to play, I am sure they will not stop until something surprising occurs to them or what that means The session ended in defeat, all the money they had originally earned was lost because of their greedy behavior and the encouragement of too big hopes. After that, what will they feel? Yes, of course they will regret it and say "why didn't I withdraw from the start", but they realize at the wrong time, the rice has turned into porridge and it's too late. Lots of people experience this condition and you should be able to use other people's experiences as learning material so that you don't make the same mistakes, that makes sense, right? just that.

Sure they didn't lose anything but I would say that they're doing much better if they spend that win on different stuff like food, new clothes, probably a new designer bag or even addition to their investments assuming that they are investing in something and as you've said they can cover that money for the next bankroll budget but what's the point of the reward if you're going to just put it into gambling again? No way that's the most logical thing to do so I stand by what I said that playing that win until you've gone back to the original bankroll is a stupid mistake.

With my experiences in Gambling , then yah I will Cash Out  because I know that
 I can never beat the house and my luck is limited and if time ends? I made sure that I already withdraw
my winnings and wont let the Gambling site take those from me again like what id does in the past gaming
 in which I am always the loser.

But unfortunately it's an easy thing to say but difficult to do. Most of those who cannot control themselves so that the emotions that are in themselves control everything, and in the end everything becomes chaotic because of the emotions that control themselves. Not a few of them also lost a large amount of money because they could not control their emotions well so that when they played, they did not think about the risk of losing money quickly.

You're right, they should do as you said. If they can limit themselves so that there will not be a sense of emotion that controls everything that will make chaos in the game. And they should be able to play wisely so that they know when to stop playing, that way it is possible to minimize the loss of large amounts of money.

This situation I'll say is one of the most challenging situations in a gambler's journey, that moment you hit one big significant win after many awful losses, it's very hard for most people to decide whether to withdraw their wins immediately and celebrate your victory or just continue trying to hit more wins. I believe this same scenario could also be seen in the life of a trader. Whether as a gambler or as a trader it's a tough decision to make, for some though. Gambling is strictly a game if luck, and I believe that when you get lucky, DON'T PUSH IT any further, because you might not get lucky again for the second time.

Whenever I'm gambling and I make any good wins for the day, I don't push it any further, my first reaction would be to withdraw my wins, but if I still feel like I could get lucky again somehow, what I do is first withdraw most of the winnings, leave a few amount behind, and then I can keep playing with that little amount I left there, if eventually I make more wins with the little amount left there then I'll be sure luck is still on my side but if the case is reversesld and I loose it, then I'll be certain I have indeed ran out of luck for that day, but while that happens, I'm sure that I didn't loose everything, I've at least kept my wins and I can come try another day rather just give it back to the casino. It's simple logic, you can't be luck all the time, you might not even get lucky twicein a day, s when you see it, RUUUUUUUUUUN.

Both have their own advantages and disadvantages,if you cash out the dollars from the gambling sites.Then you need to deosit the dollars again and again to the gambling sites,if you are betting in the continuous way.Only the gambler play the limited games per day can withrew the funds to their wallet or exchange to cash out to the fiat.If the gambler doing the vacation based gambling like they win from the gambling sites and move to the vacation means,they need to withdraw funds immediately from the gambling sites.So the transaction fee for multile withdrew from the gambling sites can be saved by withdraw the funds immediately on the big win from the gambling sites.If we keep the dollars in the gambling sites means it tem us to play more game again and it may lose some funds in that balance dollars.

It's a pretty decent gambling activity in my opinion, basically it's the better one to do, because it's useless if you continue to chase victory, because after all you also know or have even proven that in 10x attempts for example you can only get 1/2 a win. So with this alone I think we can already conclude that gambling is really just an entertainment activity because there is no certainty whatsoever for a better final result, and therefore if at a certain time you are very lucky by managing to get one win for example then of course it is better for you to just go immediately to enjoy the results of your luck. Not only that, even if you lose for example, you still have to have time to at least stop for a short break, it's better than you continue to gamble and unknowingly run out of all your money.

That's right, one of the drivers so that you can be a responsible gambler is that you can't overdo it in gambling, and also by being able to appreciate the results of winning even though yes maybe it's small but it doesn't matter better to win with a small amount than you have to lose and get nothing.