cash out or let it ride? | Bitcointalksearch.org

junder

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Quote from: wxa7115 on June 12, 2024, 01:43:46 AM

This is a very common reaction, scientists have noticed that when the potential risk and prize that a person can get are on the low side, people are way more willing to take the risk, as they do not fear losing at all.

But when the monetary reward reaches a high point, we see a reversal of that trend and people become way more conservative on their decisions, so cashing out at the moment the OP did was without a doubt the right choice if you ask me.

It's good if you're not afraid of losing the money you bet, because that's one of the things you have to do when gambling to avoid overdoing it. I think it is very different to gamble using your own money and using money that is actually a gift or other freebie. when we have prize money and put it into gambling and can win maybe we can gamble more freely because even if we use a high betting amount we don't worry because it is free money, but whatever happens when we get a win then it's best to cash it in, no It doesn't matter if it's prize money or what, but when you win, it's best to cash it in, not to keep going.

Apart from that, the choice is actually up to us, where the action we will take is purely an act of our own will, but even though we have a choice, that doesn't mean we can do it brutally, because when we have won, it's best to consider the action we will take. what must be done, if you are ready to lose the victory that you have obtained then please continue, but don't let actions like that actually make yourself feel annoyed or disappointed because the victory that has been obtained is lost again, basically that is the action of our choice ourselves so we have to be able to accept it.

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Quote from: teamsherry on June 12, 2024, 03:45:00 AM

It's your choice OP no one here knows what you played like you, and thigns like this it's best we trust our instinct than ask people about it, but don't be greedy, just do what you feel like.

But if you ask me for my opinion on this, I'll say let it ride cause sometimes or most times after I cash my game out it always enters and i feel cash out us a bad thing for me cause it has never saved me or rather I don't know how to trust myself well enough to make the right decision in the kind of situation.

Probability the betting is over or there's a result already and OP doesn't updated us on what he chooses, but I agree with you that its better to let it ride, I get it you bet on a match but you may feel anxious at some point and having a feeling of cashing out early, but what if you are wrong with that? And it can also be you are wrong if you let it out, so the decision will still be in your hands, but for me most of the time I let it ride or I let the match finished and see the result no matter what, Its part of my discipline that I always stick to what I bet on and what I decided at first, because if I let my mind be anxious because I want to change my decision mid way then I might do it in my future bets which is not a healthy way of thinking.

teamsherry

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It's your choice OP no one here knows what you played like you, and thigns like this it's best we trust our instinct than ask people about it, but don't be greedy, just do what you feel like.

But if you ask me for my opinion on this, I'll say let it ride cause sometimes or most times after I cash my game out it always enters and i feel cash out us a bad thing for me cause it has never saved me or rather I don't know how to trust myself well enough to make the right decision in the kind of situation.

wxa7115

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Quote from: passwordnow on June 11, 2024, 05:18:48 PM

Good to see that edited part that OP did cashed out. That's already big money in there and if he continued with that bet with Indiana and Bucks, he'd for sure gonna to feel sorry and regret this bet of his forever. Good thing that you've decided to cash it out because I guess at that time when you've asked this, you're seeing how the Indiana Pacers have played and they did well for this season. I wouldn't let it ride with this kind of money, maybe if it's just a couple of bucks I would do but when you're talking about half of $100k, that's no joke at all and you have to cash it out as that's a lot of money already. Keep on playing at stake and we've got still the bet for the NBA finals.

This is a very common reaction, scientists have noticed that when the potential risk and prize that a person can get are on the low side, people are way more willing to take the risk, as they do not fear losing at all.

But when the monetary reward reaches a high point, we see a reversal of that trend and people become way more conservative on their decisions, so cashing out at the moment the OP did was without a doubt the right choice if you ask me.

adpinbr

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Cash out is just depending on the individual but to me I just feel like the next option is to cash out because you don't know how the match will end well whatever anybody thinks that is the right thing to do that is the decision I feel like I will cash out because even if the match also plead yes that is it because it can also have when after you do not cash out you find out that the match didn't play and you feel sad or something so cashing out is the best option for me, than to wait till the end because you don't really know what will happen.

passwordnow

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Good to see that edited part that OP did cashed out. That's already big money in there and if he continued with that bet with Indiana and Bucks, he'd for sure gonna to feel sorry and regret this bet of his forever. Good thing that you've decided to cash it out because I guess at that time when you've asked this, you're seeing how the Indiana Pacers have played and they did well for this season. I wouldn't let it ride with this kind of money, maybe if it's just a couple of bucks I would do but when you're talking about half of $100k, that's no joke at all and you have to cash it out as that's a lot of money already. Keep on playing at stake and we've got still the bet for the NBA finals.

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Quote from: xLays on June 11, 2024, 05:00:21 PM

Quote from: Cityhunter34 on June 11, 2024, 03:44:27 PM

Quote from: Judith87403 on May 18, 2024, 02:54:35 AM

Cashing game out sometime can be very hard to do, lets say you placed a bet and the ones that is ongoing ( live) has entered remaining one and that one that is remaining is a game you trust so much at this point in time it will be very difficult to press cash out. I have been in that point several time only for me to cashout was a big deal for me because I wasn't looking at the cashout I was looking at the potential winning ( total payout) and at the end it always cut and I will still say next time I see this kind of cash out I will cash out, i will still see the cash out yet I won't do it. Cash out is very hard decision to make mostly when game is remaining one and you trust them very well, but to an extent I was seeing it as greed yes, why will someone play bet will 1000 to win 120k and they showed you cash out of 50k and you said you don't want to take it because you trust the remaining game, my question now is are you the one that will play the game and even if you are the one that will play it will you be able to play exactly what you predicted. Even if the game will play finish at least you didn't make any loss if you have taken the 50k, I know most people will regret but some people won't reason it.

I think you are right because this Cash out of a thing is always very hard for one to take decision because once it comes to Cash out we normally have double thought and sometimes we normally end up being regret, just like me when ever I place a bet I normally find it difficult to do cash out because I always have a strong feeling that the game we play finished although at last I normally end up being regretted, however I think we should always try as much as possible to do some cash out anytime we notice that our game have gone far to avoid being regret at end of the day.

I think we all experience the same thing about that situation like deciding when to cash out can be tough and often causes second thoughts and regrets. For example, when I place a bet I find it hard to cash out because I always think the game will end well, but then regret not cashing out later. It's always important to have try to cash out once the game is well underway to avoid this such disappointment/regrets.

I have a friend who believes that as a gambler we ought not to cash out because he feels there is no essence in doing that as even the act of gambling is based on the fact of risk taking and that's why he doesn't ever cashes out. He always feel a bit down when he cashes out his game and the full game then later played out for him.

xLays

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Quote from: Cityhunter34 on June 11, 2024, 03:44:27 PM

Quote from: Judith87403 on May 18, 2024, 02:54:35 AM

Cashing game out sometime can be very hard to do, lets say you placed a bet and the ones that is ongoing ( live) has entered remaining one and that one that is remaining is a game you trust so much at this point in time it will be very difficult to press cash out. I have been in that point several time only for me to cashout was a big deal for me because I wasn't looking at the cashout I was looking at the potential winning ( total payout) and at the end it always cut and I will still say next time I see this kind of cash out I will cash out, i will still see the cash out yet I won't do it. Cash out is very hard decision to make mostly when game is remaining one and you trust them very well, but to an extent I was seeing it as greed yes, why will someone play bet will 1000 to win 120k and they showed you cash out of 50k and you said you don't want to take it because you trust the remaining game, my question now is are you the one that will play the game and even if you are the one that will play it will you be able to play exactly what you predicted. Even if the game will play finish at least you didn't make any loss if you have taken the 50k, I know most people will regret but some people won't reason it.

I think you are right because this Cash out of a thing is always very hard for one to take decision because once it comes to Cash out we normally have double thought and sometimes we normally end up being regret, just like me when ever I place a bet I normally find it difficult to do cash out because I always have a strong feeling that the game we play finished although at last I normally end up being regretted, however I think we should always try as much as possible to do some cash out anytime we notice that our game have gone far to avoid being regret at end of the day.

I think we all experience the same thing about that situation like deciding when to cash out can be tough and often causes second thoughts and regrets. For example, when I place a bet I find it hard to cash out because I always think the game will end well, but then regret not cashing out later. It's always important to have try to cash out once the game is well underway to avoid this such disappointment/regrets.

Cityhunter34

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Quote from: Judith87403 on May 18, 2024, 02:54:35 AM

Cashing game out sometime can be very hard to do, lets say you placed a bet and the ones that is ongoing ( live) has entered remaining one and that one that is remaining is a game you trust so much at this point in time it will be very difficult to press cash out. I have been in that point several time only for me to cashout was a big deal for me because I wasn't looking at the cashout I was looking at the potential winning ( total payout) and at the end it always cut and I will still say next time I see this kind of cash out I will cash out, i will still see the cash out yet I won't do it. Cash out is very hard decision to make mostly when game is remaining one and you trust them very well, but to an extent I was seeing it as greed yes, why will someone play bet will 1000 to win 120k and they showed you cash out of 50k and you said you don't want to take it because you trust the remaining game, my question now is are you the one that will play the game and even if you are the one that will play it will you be able to play exactly what you predicted. Even if the game will play finish at least you didn't make any loss if you have taken the 50k, I know most people will regret but some people won't reason it.

I think you are right because this Cash out of a thing is always very hard for one to take decision because once it comes to Cash out we normally have double thought and sometimes we normally end up being regret, just like me when ever I place a bet I normally find it difficult to do cash out because I always have a strong feeling that the game we play finished although at last I normally end up being regretted, however I think we should always try as much as possible to do some cash out anytime we notice that our game have gone far to avoid being regret at end of the day.

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Quote from: hopenotlate on May 02, 2024, 01:48:24 AM

I would definitely cash out early , thats a good amount of money imo.

If you still believe your was a good prediction you can always take part of the cashed out winning and bet on I would likely make a bet on Milwaukee victory, grab some popcorn and enjoy the game.

And this points the gambler has to cash out because we cannot predict the uncertainty in gambling, he has already seen more than times 3 of the amount that he staked the game with so cashing out is the best option here because he might end up regretting it if he allows the game to slide. no prediction is certain but just like you said if he so much trust on the remaining game on the slip he can also re-bet it with a huge amount after he must have cashed out. There is no need to take chances of allowing the game to slide though cashing out is very tempting but that is the only option on that slip unless the gambler will try as much as possible to endure if the game did not play as predicted.

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Quote from: STT on June 01, 2024, 01:46:58 PM

Both, cash out some and bet a little more until you lose any hope of winning more. Gradually reduce the leeway you have left and if you take at least half off the table then you cannot lose at that point. You are free to gamble the remainder or spend it but keeping the original capital is the best choice to be sure of the win.

Exactly,, if indeed a gambler wants to be safe but still wants to continue his curiosity then choose both options, save or cash out some of it then leave the other part to bet again with the aim of fulfilling curiosity in mind, you are free to bet the part in any way or method, but be sure to first secure at least your initial capital to minimize the possibility of unwanted, and even if you lose at least you only experience a loss of the amount of previous winnings but you do not lose the amount of your initial capital.

This method is what I always do when I gamble, the reason is because I prioritize prevention over cure, in the sense of preventing losing the initial capital but still being able to continue the game session using the winnings from the previous lucky results, but on the other hand I'm not sure that they will be able to do it, especially for people who can't ignore greed in themselves.

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Quote from: STT on June 01, 2024, 01:46:58 PM

Both, cash out some and bet a little more until you lose any hope of winning more. Gradually reduce the leeway you have left and if you take at least half off the table then you cannot lose at that point. You are free to gamble the remainder or spend it but keeping the original capital is the best choice to be sure of the win.

Gambling can be a little tricky sometimes especially when it comes to things like stakeing responsibly, managing bets avoiding excessive gambling and may other factors ,in fact in general it's not a very easy thing to maintain being a responsible gambler especially because of the fact that it requires a level of self discipline. Generally I believe it requires a nice level of discipline to be able to manage how u take your wins. Some gamblers are unable to manage their wins properly and can likely end up wasting their funds unnecessarily.
Sometimes winning can make some so gamblers over stake or continue to increase their stake after every consecutive win and sometimes end up losing it all in a single stake due to greed of improper management.

STT

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Both, cash out some and bet a little more until you lose any hope of winning more. Gradually reduce the leeway you have left and if you take at least half off the table then you cannot lose at that point. You are free to gamble the remainder or spend it but keeping the original capital is the best choice to be sure of the win.

adpinbr

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In my own contribution to me, this is a decision it’s not a matter of cashing out or letting the bet to finish the game. Sometimes when you let the best finish the game you lose sometimes you win, but the best thing is to do what is in your mind I believe on doing the thing that your spirit leads you to do that is what I believe that will definitely work for you because your energy has organized it and generates it to the way you will understand.

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Quote from: Rockstarguy on May 18, 2024, 05:51:04 AM

Quote from: zuzie on May 18, 2024, 02:25:00 AM

I will answer your question, just cash it out because if we continue to leave the money to be used to bet on the next match then I will feel sorry because victory is in front of our eyes, all we have to do is cash out and enjoy the results.
However, if you want to bet again in the next match, just leave a little money there for betting capital later, that way we will feel happy and not think too much that we can also make the best use of the winnings.

Since winning is unpredicted and it happens once in a while, this is the main reason why one should cashout and make use of the money for important things, it will be unwise to keep playing. So many have lose so much money in gambling just because of this act. Greed is the greatest enemy of many gamblers, when gamblers still have greed in them they won't be satisfied with their wins but will rather chase more. Winning likely to take place once in a while and if you don't understand this you may likely be a looser all the time .

If you know you can't afford to lose what you have it is better to cash out. Another thing that some people don't even consider while gambling is the feelings, mental health. How our reaction will be after loosing in gambling should make one to make decisions on what to do playing gambling.

Therefore, if you understand and realize that winning is difficult to obtain and maybe only occasionally and takes a long time to get it, when we have won, immediately cash it out or cash it out to enjoy it usefully and wisely.
And you are right that in gambling our main enemy is greed. If we cannot control that greed well and wisely then we will definitely have a lot of problems in the casino that we run, but if we are fully aware that gambling has high risks and high losses. Often we find that later we will only use gambling as a form of entertainment

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Quote from: zuzie on May 18, 2024, 02:25:00 AM

I will answer your question, just cash it out because if we continue to leave the money to be used to bet on the next match then I will feel sorry because victory is in front of our eyes, all we have to do is cash out and enjoy the results.
However, if you want to bet again in the next match, just leave a little money there for betting capital later, that way we will feel happy and not think too much that we can also make the best use of the winnings.

Since winning is unpredicted and it happens once in a while, this is the main reason why one should cashout and make use of the money for important things, it will be unwise to keep playing. So many have lose so much money in gambling just because of this act. Greed is the greatest enemy of many gamblers, when gamblers still have greed in them they won't be satisfied with their wins but will rather chase more. Winning likely to take place once in a while and if you don't understand this you may likely be a looser all the time .

If you know you can't afford to lose what you have it is better to cash out. Another thing that some people don't even consider while gambling is the feelings, mental health. How our reaction will be after loosing in gambling should make one to make decisions on what to do playing gambling.

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Quote from: Judith87403 on May 18, 2024, 02:54:35 AM

Cashing game out sometime can be very hard to do, lets say you placed a bet and the ones that is ongoing ( live) has entered remaining one and that one that is remaining is a game you trust so much at this point in time it will be very difficult to press cash out. I have been in that point several time only for me to cashout was a big deal for me because I wasn't looking at the cashout I was looking at the potential winning ( total payout) and at the end it always cut and I will still say next time I see this kind of cash out I will cash out, i will still see the cash out yet I won't do it.

You're right, some decisions are so tough to make and cashing out is a very tough decision for some individuals but for me I'm cashing out, not like I'm inpatient but just to be on the safer side, I rather have something than lose everything moreover 49k is half of the initial winning price and getting 49k with $1500 is not a bad idea, I can risk losing everything so I'll just take the cashout option and still be happy.

I know some would say, I'll feel bad if the game play but they should also consider how worth it would be if I lose every thing, the remorse would be 10x and who said I'll be said when I've made 49k already, I'm not very greedy cause 49k is more than enough of the initial money I staked with and I could still state another game with the 49k I won and use the rest to invest on something better like a long term investment for Bitcoin.

Judith87403

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Cashing game out sometime can be very hard to do, lets say you placed a bet and the ones that is ongoing ( live) has entered remaining one and that one that is remaining is a game you trust so much at this point in time it will be very difficult to press cash out. I have been in that point several time only for me to cashout was a big deal for me because I wasn't looking at the cashout I was looking at the potential winning ( total payout) and at the end it always cut and I will still say next time I see this kind of cash out I will cash out, i will still see the cash out yet I won't do it. Cash out is very hard decision to make mostly when game is remaining one and you trust them very well, but to an extent I was seeing it as greed yes, why will someone play bet will 1000 to win 120k and they showed you cash out of 50k and you said you don't want to take it because you trust the remaining game, my question now is are you the one that will play the game and even if you are the one that will play it will you be able to play exactly what you predicted. Even if the game will play finish at least you didn't make any loss if you have taken the 50k, I know most people will regret but some people won't reason it.

zuzie

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I will answer your question, just cash it out because if we continue to leave the money to be used to bet on the next match then I will feel sorry because victory is in front of our eyes, all we have to do is cash out and enjoy the results.
However, if you want to bet again in the next match, just leave a little money there for betting capital later, that way we will feel happy and not think too much that we can also make the best use of the winnings.

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Quote from: Pierre 2 on May 08, 2024, 02:42:50 PM

I suppose its much better to let it ride until you feel bad about losses. I would never kill my lucky mood and keep gambling until I start to lose drastic amount of money. Then I would stop myself.

You have this feeling of luck mood in you? What if it gets too late before you wake up from your slumber? Sorry to call it slumber because the luck mood you made mentioned sounds like someone who is under some intoxication.

I envy you, I would like to know how much this have worked for you so far, this isn't the first time I will hear such on this forum, especially when they are talking about slots games, it will get to a point where the winning will just keep coming nonstop and they feel good with it.

I have never waited around for such, I always take my profits right after, I stick to this idea that the more time I spend in gambling the bigger the chances that things will fall apart.

Topic: cash out or let it ride? (Read 1092 times)