cash out or let it ride? - page 4. | Bitcointalksearch.org

michellee

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Quote from: 0t3p0t on May 03, 2024, 01:46:43 AM

If I were you I will cashout 90% of that money then if you find yourself lucky enough to place another bets for the next league you could use 10% for that. That is for me a sure and safe return and I will never waste that opportunity to lose it all again so much better to play safe. Here in my country that amount of money is huge so why not take profit right?

It's better to cash in immediately while we still have the opportunity to do so. No one knows if we can win more money from gambling and if we have seen a profit from the bet we placed, we should not delay cashing it out. It's better to get some money than none at all.

If our profit is greater than the amount of our bet, that means we have made a profit and must withdraw it immediately. But other people will make different decisions because they may still believe that the results of the match will give them a bigger win. After all, that is money we can take and should not waste.

But if there are people who don't want to cash it, we should just let it go because that is their decision. We can only suggest it and the rest will be his responsibility.

lienfaye

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Quote from: NAPK1NS_RA3 on May 02, 2024, 09:57:13 PM

thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

Good for you. Because regardless of the result, you still have a good sum of money so there's no regret. Sometimes it's better to choose the safe side rather than to take risk then will end up having regrets because your expectation didn't happened.

If i'm in such situation no doubt I will choose the same way too. Because even there's only one left game, the result is still uncertain therefore cashing out is the best decision.

Nwada001

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Quote from: NAPK1NS_RA3 on May 02, 2024, 10:02:04 PM

Quote from: dansus021 on May 02, 2024, 09:59:10 PM

are u had luck in a year and put it on that game Grin

is that a winning streak $1,500 to return nearly $100,000 If I were you Im going to cash out 85% of it and let it ride the rest dude you literally generate 100K that is a lot of money and don't let the greed eat your body right now I mean if you win again you probably earn more but cash out is also needed in my opinion. Grin

Tho if you had the confident cash out 85% and you can still play with the 25% and if you had the luck to you probably can earn 100K again in the next game hahah

I cashed out haha, yeah Milwaukee lost so it was the right decision, the cash out went up a lot so I just took it

Indeed, you are one lucky dude, as this could have been another thread of someone who asked for public opinion if he could cash out the game or not, and why still calculate the risk? It turns out the game played in his favour, and he lost both what could have been cashed out and what he was expecting.

50% of the total winning is really better than risking it all; that amount is a big profit. Calculating with the amount you used to wager on that game, you made the right decision in my opinion, although others will argue otherwise.

Odohu

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Quote from: NAPK1NS_RA3 on May 02, 2024, 12:52:56 AM

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.

EDIT: I CASHED OUT!!!

You did the right thing which is exactly what I will do if I was in your shoes. I will not be able to forgive myself if I come this close of winning huge and missed it because of greed, which is the only thing that can make someone not to cash out unless the person is extremely rich. A win of $49.5k with a $1.5k bet is $48k profits, I will take this and bounce instead of waiting to win $96.5k. Do you know you can even decide to bet the remaining match with $20k after cashing out and you will still be in good profits, although I do not support you doing this.

As soon as I'm offered up to 50% of my target win as cashout and depending on how much we are talking about, I will cashout and wait for the next bet. I have lost count of how many times the last game killed my bet, so I don't take chances now.

danherbias07

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Quote from: NAPK1NS_RA3 on May 02, 2024, 09:57:13 PM

thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

Very nice! I didn't like the way the Milwaukee Bucks are playing and I may have also cashed it out if ever I were in the same position as you. You did the right thing and I bet there's no regret, not even a little after you see how the Indiana Pacers dominated the game against the Bucks. It's an eyesore actually because I expected it to be a bit of a close game but we could now say that the Bucks badly need Giannis to win their games. They played hard in Game 5, but that's it. The Pacers adjusted well and it made them win the first round.

Congratulations on your big parlay. How I wish I can end up in the same position someday. Well, the sports never ends, there will always be a chance.
Cancun!

Samlucky O

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This thread is just exactly thesame as mine who I create some time ago which is cashout or wait till the end?. For me I think cashing out is good knowing truly the money is not your own and you made your way to that level, it is a golden opportunity to cash it out. Since you are left with only game, you should just take it. Most people has fall victim of this several times and have regretted there after. If you wish to let it ride on its your choice but if it doesn't play as you wish, you shouldn't blame anyone for not advising you. Or better still if you are disturbed that the remaining game will play then you have to cashout the running game and use some portion of the money you cashout to play the remaining games atleast if it play, you stand a chance of wining two tickets but if it doesn't play you have already made some profite in the first game.

0t3p0t

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If I were you I will cashout 90% of that money then if you find yourself lucky enough to place another bets for the next league you could use 10% for that. That is for me a sure and safe return and I will never waste that opportunity to lose it all again so much better to play safe. Here in my country that amount of money is huge so why not take profit right?

Litzki1990

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You are a gambler and you must have specific goals as to how much capital you will spend on your gambling activities. Let's say you are running your gambling program with a total of $300 and divide this $300 into three parts and gamble in three steps. You should keep $300 in your account for gambling in three steps and cash out the remaining dollar the profit you made because you already have enough capital to gamble. If you decide to use the profit from gambling to use that profit again as capital, then if the result of gambling ever goes against you, you will lose your past capital and part of the profit later. If this happens, you will definitely be disappointed, so you should cash out your profit in advance so that you don't have to be disappointed later.

Porfirii

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My most sincere congratulations to the OP for the (very) big win.

I tend to say that I wouldn't change my initial plan and that improvising while betting is not a good thing, but in this case you definitely made the right option because you got your prize with almost no discount. I mean: you had more or less 50% of probability to simply double a very big prize already, and this is a bet you can make whenever you want in the future, so not a big deal.

I'm used to parlays where you can't cash out early (in my country this is the tradicional way to play "la quiniela"), and prizes grow exponentially after every win, so the last match really makes the difference between still a good sum of money, and winning several millions. Anyway, that was not your case, so congratulations again for your good decision.

moneystery

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Quote from: NAPK1NS_RA3 on May 02, 2024, 09:57:13 PM

thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

that's right, that's the best decision, because 50% of the reward is also a large amount of money, so it won't disappoint you if you withdraw the money. but congratulations in advance for your successful bet, hopefully the money will be a blessing for you.

Hirose UK

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I also sports betting fan who also likes the multi-betting method, this will give much larger odds than what can get if only bet on one betting option at time.
But what get is return that is worth taking, the cashout shows profit that is really quite large and this is challenge for every gambler who experiences it.
If it were me, I would do cashout because if we fail or lose in the last match then we won't be able to enjoy the huge amount of profits that are right before our eyes.
Opportunities like this are very rare and I sure that from all the many bets you will rarely find an opportunity or chance like this.
But back to the mentality of every gambler, if you believe and believe in success then that is reason to continue and of course you have to be prepared to lose that amount of money if you fail.
It just that today for the last match you seem to have failed because the one who won the match was the Pacers, and by the way, congratulations on the right decision by making cashout, enjoy your victory.

CODE200

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Quote from: NAPK1NS_RA3 on May 02, 2024, 09:57:13 PM

thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

So glad for you that you did the right decision, Bucks is such a deceptive team to bet on, they're good at times but when you need to be good because you've placed a bet on them, they suddenly fumble. Congratulations for a well done decision to get out while you still can. I think that it's for the best that you did, I don't think that anyone would do it otherwise unless they're a insane and the risk is making them get high somehow. Financial tip for you though, make sure that you're not going to be losing all of that wins for your vacation trip, there's no way that you'd want to be ending that trip in a sudden depression because you've spent all of your money from the Cancun vacation and it's also easy to get lost in there when it comes to spending especially with how huge winning you've got, you will have this subconscious thinking that you've got a bottomless wealth.

NAPK1NS_RA3

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Quote from: dansus021 on May 02, 2024, 09:59:10 PM

are u had luck in a year and put it on that game Grin

is that a winning streak $1,500 to return nearly $100,000 If I were you Im going to cash out 85% of it and let it ride the rest dude you literally generate 100K that is a lot of money and don't let the greed eat your body right now I mean if you win again you probably earn more but cash out is also needed in my opinion. Grin

Tho if you had the confident cash out 85% and you can still play with the 25% and if you had the luck to you probably can earn 100K again in the next game hahah

I cashed out haha, yeah Milwaukee lost so it was the right decision, the cash out went up a lot so I just took it

dansus021

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are u had luck in a year and put it on that game Grin

is that a winning streak $1,500 to return nearly $100,000 If I were you Im going to cash out 85% of it and let it ride the rest dude you literally generate 100K that is a lot of money and don't let the greed eat your body right now I mean if you win again you probably earn more but cash out is also needed in my opinion. Grin

Tho if you had the confident cash out 85% and you can still play with the 25% and if you had the luck to you probably can earn 100K again in the next game hahah

uneng

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Quote from: NAPK1NS_RA3 on May 02, 2024, 12:52:56 AM

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.

50% of the payout seems a very decent prize already, so I see no reason to be greedy to pursue a 100% payout. You should be thankful for reaching this far, because it's no easy task. Considering the risks implied in taking this bet until the end makes the total payout not worth in my opinion. If we were talking about a more considerable reward to keep the bet, then we could think about the possibility. But considering the current scenario it definitely doesn't worth. I'm sure you can put 50% of the payout in good use by cashing out right now.

I know you are a lucky winner, but don't let greed take control of you this time. I remember you were having a nice winning streak some time ago, but put everything to lose due to your greedy behavior. You should have already learned by now. Make sure to guarantee what you have on your hands today, so you can keep playing tomorrow by placing new bets in further games which are still to come.

Quote from: NAPK1NS_RA3 on May 02, 2024, 09:57:13 PM

thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

Very nice! Congratulations, enjoy your time! Arriba y arriba, muchacho! 🌴🍹🌅

NAPK1NS_RA3

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thanks for all the responses everyone, I did end up cashing out, when Lillard was confirmed to be playing the cashout went up a good bit so I couldn't help it

turns out I made the right decision! next stop, Cancun!

Natsuu

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Quote from: Jaycoinz on May 02, 2024, 03:41:46 PM

Well looking at the difference in the odds I would say that the last game is probably the one with the most tension because of the amount of odd given to it and if I were you I would probably go for a simple cash atleast it's better to have half of the amount promised than to allow your greed make you lose our on the whole money.

I would also suggest the same. You may consider taking some of your profits. Bag that already and reward yourself from your previous wins. Then if you still feel that the odds are on your side have some small bets until your conviction is met. Because you ae already winning. Don't give it back. Get some or at least 75 percent of your win and your initial deposit. Then play conservatively from what is left. So you won't get attacked by greed because you are overconfident.

tread93

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Quote from: NAPK1NS_RA3 on May 02, 2024, 12:52:56 AM

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.

Brother, cash out! There is no guarantee that you will win it all and if you lose that last leg you are SOL. Its better to have one bird in hand rather than 2 in the bush! That is my opinion. There is no losing here. You bet a thousand and are going to rake in nearly 50K that is outstanding. If it were me I would take the money and forget about it, no looking back. This is not financial advice.

alegotardo

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Quote from: NAPK1NS_RA3 on May 02, 2024, 12:52:56 AM

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.

I would certainly withdraw 50% or more of that amount.
Obviously there are always chances of winning more, but think carefully about what would make you more frustrated:
Losing a large part of the amount won in a streak of bad luck or failing to win a little more because you were a player with "little faith"?

In my country there is an old saying: "It's better to have a bird in your hand than two in the bush".

In every type of bet, you need to establish limits on losses and gains, in my case the rule is simple: withdraw 50% whenever I manage to multiply my winnings.
This way, it is possible to continue betting after having the great achievement of a successful prize, otherwise it is common for you to bet, have great achievements, but end the day with nothing in your wallet.

topbitcoin

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This is a victory that I could not possibly get, whether it was luck or maybe you are quite skilled at placing a bet, but it is quite an extraordinary victory.

If you feel confident about continuing, it would be better if you withdraw some of the winnings you have achieved, because even though you are lucky enough or skilled at placing bets, we will never know whether in the next bet you will win again. because in a bet the result is not certain, and what is known as luck will not last long, and if it is the result of a betting strategy that you place, then you must remember that there is no single betting strategy that can provide a guarantee that in Every time you place a bet you will win.

Don't let greed control you, what you get is already big enough, don't waste your winnings chasing something you're not sure you'll get. Because it is nothing but carelessness. Don't let the pleasure you get turn into a feeling of regret. Because losing a large amount of winnings, which is already in your hands, is very painful.

Topic: cash out or let it ride? - page 4. (Read 970 times)