cash out or let it ride? - page 6. | Bitcointalksearch.org

milewilda

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Quote from: usekevin on May 02, 2024, 03:07:00 PM

Quote from: bangjoe on May 02, 2024, 02:59:17 AM

To cover a much greater risk it is best to withdraw some, one loss will destroy your parlay bet sir and you will lose everything, so I think it's better to cash it out than regret it, unless that amount of money is not much for you or is just considered pocket change from the income you have, A person's situation will affect how the decision goes, someone will be greedy or not it depends on how he lives finances every day, it's relative, but for me that much money I would have taken to buy some necessities or play another time for a crazier bet, I think you are pretty good at this bet, congratulations sir.

The gambler who want money in the gambling should ready to take risk in the gambling,mostly discussed point the gambler should take the gambling responsibility.If you had get the profit of 20 percentage from the capital,it was better to withdraw the funds.Because the loser in the gambling the person who try to solve all his financial problems in one game.Enjoy the minimum profit from the gambling and make sure you are not going to addicted to the gambling site by conquering the minimum profit from each game.

Because when the gamblers had loss the funds by playing the game to get huge profit from the greedy.The final result will be the negative one,this leads to the gamblers to suffer from the loss.Finally the gamblers will get addicted to gambling and end with more profit at the end.

Also we do know that gamblers who do truly seek out for fun and thrill then they would really be definitely be finishing out on what they had started on where not all gamblers who would really be continuing and let it to finish are considered greedy or to those who do mind about money because whenever we do make out on such decisions on certain conditions then this would really be added up on the thrill on which this situation
could really be able to pump up your blood knowing that you had already made out some money with this parlay. Take it or leave it or let it ride would really be the main thing that you do have in mind.

Just like on what others been saying that i've been through with this kind of situation specially on early cashing out on where it is really that too tempting on pressing out that option
because the main thing that we do have in mind is that it is already that a sure profits or money for us.

usekevin

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Quote from: bangjoe on May 02, 2024, 02:59:17 AM

To cover a much greater risk it is best to withdraw some, one loss will destroy your parlay bet sir and you will lose everything, so I think it's better to cash it out than regret it, unless that amount of money is not much for you or is just considered pocket change from the income you have, A person's situation will affect how the decision goes, someone will be greedy or not it depends on how he lives finances every day, it's relative, but for me that much money I would have taken to buy some necessities or play another time for a crazier bet, I think you are pretty good at this bet, congratulations sir.

The gambler who want money in the gambling should ready to take risk in the gambling,mostly discussed point the gambler should take the gambling responsibility.If you had get the profit of 20 percentage from the capital,it was better to withdraw the funds.Because the loser in the gambling the person who try to solve all his financial problems in one game.Enjoy the minimum profit from the gambling and make sure you are not going to addicted to the gambling site by conquering the minimum profit from each game.

Because when the gamblers had loss the funds by playing the game to get huge profit from the greedy.The final result will be the negative one,this leads to the gamblers to suffer from the loss.Finally the gamblers will get addicted to gambling and end with more profit at the end.

South Park

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Quote from: SamReomo on May 02, 2024, 02:56:01 PM

If I was on place of that guy then I would consider cashing out because in gambling anything can happen and earning $50k with just $1.5k bet is quite profitable I believe. No need to wait for $100k when you can cash out $50k without any risks.

You need to also take into account the kind of gambler that made that bet, betting 1500 dollars in a single parlay is a lot of money, as I am sure there are many gamblers here that do not bet that kind of money during a whole year, so it is likely a payout of 50k is not much for the OP, and as such they may prefer to let it ride so they can increase their profits even further and disregard the option to cash out, despite being the safer road they could take.

SamReomo

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If I was on place of that guy then I would consider cashing out because in gambling anything can happen and earning $50k with just $1.5k bet is quite profitable I believe. No need to wait for $100k when you can cash out $50k without any risks.

Slow death

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In my opinion you should withdraw as quickly as possible, I say this because looking at this game, the Indiana Pacers won 3 times while the Milwaukee Bucks won 2 times, but look at the conditions in which the Milwaukee Bucks won in both games in which the Milwaukee Bucks won were games in which they played at home, and in the 3 games in which they lost were games in which they played away from home. To make what I'm saying easier:

first game they won at home:

Milwaukee Bucks 109 - 94 Indiana Pacers

second game they lost at home:

Milwaukee Bucks 108 - 125 Indiana Pacers

third game they lost away from home:

Indiana Pacers 121 - 118 Milwaukee Bucks

fourth game lost away from home:

Indiana Pacers 126 - 113 Milwaukee Bucks

fifth game they won at home:

Milwaukee Bucks 115 - 92 Indiana Pacers

assuming that as the Bucks won in the last game by a large difference of points, then in the next game they will also win, could be a mistake, looking at the odds of these two teams:

the odds if the Indiana Pacers win are 1.42, it seems to me that the best option would be to cash out and you would have a lot of profit. Many times when we are faced with a scenario like this we start to think about high profits and we feel pain when we think about cashing out because we look at the profits if we cash out as very low profits, but we forget that we put little money into the bet and that those profits after cashing out are a large amount of money

coinerer

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Quote from: Z_MBFM on May 02, 2024, 01:49:03 PM

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.

When you bet a big account it will be very risky and unpredictable things happen in football game so it may be a better decision to cashout at that time to be safe. Such large bets are placed by those who gamble for income, so they will cash out at that time to save their own money. But if one is a greedy gambler then he can wait till the end of the match. In this case, if his luck is good, he will win and if his luck is bad, he will lose all his money. that is why greed must always be controlled

Right, Those who are more greedy suffer more from gambling. Gambling is something to be used in a relaxed way. People who use gambling in a relaxed way are not emotional towards gambling games. this is why they are satisfied with less profit. I agree with you that if the profit is 50% then it is better to cash out without taking too much risk if the bet amount is big. Gambling is a bad habit and if luck is not good then this bad habit can ruin people financially and greed plays a big role here

Fiatless

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Quote from: crwth on May 02, 2024, 12:25:25 PM

Definitely cash out. It's so much that you have enough of it. I think it's really a gamble to let it continue. It's best that you assess to do it. You might have regrets if you lose that parlay. Imagine losing what you already have, you just have to realize it. It seems like it's normal to you to do that. Just make sure that you accept what you are doing. Someone having risked $1500 and still not satisfied for that multiplier, it's still crazy.

I might never forgive myself if I end up not cashing and later lose the game. I have never won such an amount in my entire gambling life, so I wouldn't hesitate to cash out. Some gamblers can take high risk. One of them told me more that it is either he wins big or loses all. This gambling pattern has made him lose big and also win big. My slogan is It's better to win small than to lose all.

Quote from: 348Judah on May 02, 2024, 01:49:58 PM

As for me, I will prefer to cash out than risk loosing everything for nothing sake, cashing out by 50% is not something I will regret doing, instead of me loosing the entire money when I waited to the finishing line and found out that I ended on loosing the game, that one alone I can't forgive myself for, it's better we receive half than nothing, this are some of the ways we can be conscious about the game we are playing by not allowing greediness got over us while gambling.

Most of these high-risk takers don't see this action as greed. When you tell them they are greedy, they would call you an amateur gambler. I respect these big gamblers because without them we won't have all these well-celebrated big wins. They are the ones that give us hope that we will win big one day.

Akbarkoe

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Quote from: crwth on May 02, 2024, 12:25:25 PM

Definitely cash out. It's so much that you have enough of it. I think it's really a gamble to let it continue. It's best that you assess to do it. You might have regrets if you lose that parlay. Imagine losing what you already have, you just have to realize it. It seems like it's normal to you to do that. Just make sure that you accept what you are doing. Someone having risked $1500 and still not satisfied for that multiplier, it's still crazy.

I think he also felt confused, so he asked the forum to receive opinions on whether to continue or not and withdraw his money, wait if he doesn't withdraw his money and continue his bet it's crazy, that amount of money is not a little that he can have in a short time, even with that amount we can buy 1 btc easily, or even my annual income has not reached that amount, if he continues he is quite crazy in my opinion.

I don't know if he loses will regret how many years of losing that money, parlay is too dangerous but quite tempting, my opinion is that he better withdraw it and go on vacation or buy a car that is quite luxurious and go for a walk with the family, that could be enough in my opinion, or buy a house with that amount can also still buy a pretty good house in this day and age, but the thing that cannot be measured is that one's greed is different and that is what will determine his final fate, I want to wait for how the final decision is made before losing that money or even he is really lucky to get all the matches.

348Judah

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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.

As for me, I will prefer to cash out than risk loosing everything for nothing sake, cashing out by 50% is not something I will regret doing, instead of me loosing the entire money when I waited to the finishing line and found out that I ended on loosing the game, that one alone I can't forgive myself for, it's better we receive half than nothing, this are some of the ways we can be conscious about the game we are playing by not allowing greediness got over us while gambling.

Z_MBFM

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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.

When you bet a big account it will be very risky and unpredictable things happen in football game so it may be a better decision to cashout at that time to be safe. Such large bets are placed by those who gamble for income, so they will cash out at that time to save their own money. But if one is a greedy gambler then he can wait till the end of the match. In this case, if his luck is good, he will win and if his luck is bad, he will lose all his money. that is why greed must always be controlled

famososMuertos

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There is something they say: apology for crime.

What is the point here, this topic has been discussed before, the amount is irrelevant, or is it that you found out that you could cash out, and/or the money is not yours.

The decision to cash out is relevant to sports information, that can influence the result, hence, it has nothing to do with the amount bet or the profit.

DubemIfedigbo001

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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.

Firstly I hail you for you're a big game gambler judging from the size of your stake, if your still gambling responsibly with such amount, it shows the strength of your pocket. If it was me, I'd cash it out without a moment pause unless I didn't see the cashout option early enough. I learned from my mistake of some years ago when I trusted the game between Barcelona and Celta Vigo in which Barcelona couldn't even get a draw with all their form for the season. I regret it till date as I missed out on a really huge cashout that would've changed my life back then.

You've made up to 2700% gain on your stake and I'll really advise you not to get too greedy and lose it all, fate has a way of issuing warnings of possible dangers and myself will consider this one. Don't be greedy, although I know there's every possibility of winning all, but we all know there's still equal possibilities of making a loss, so you better make hay while the sun is still shining.

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Quote from: bitterguy28 on May 02, 2024, 03:29:11 AM

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.

lol I know how tempting that 100k but that 1500 dollars is more than enough already to be thankful of your winning so for me? cash it out , yeah you might feel bad that bigger win comes out but what if not? then you will regret this moment forever in your life?
i know that opportunity knocks only once but this is already your opportunity to have a sure win so take it out mate.

Op seems very indecisive, $1500 is Op's bet for the 5 matches played. It's like Op is very clever at choosing teams, not just smart, it looks like Op really knows the team game of this sport. It is very rare for a gambler out of 5 matches, 4 of all his guesses to be correct.

Indeed, I don't really understand this sport, is this basketball? If I look at the standings, Buck is far superior to the Pacers. But you need to remember that the Pacers are playing at their own home, the possibility of winning is certain. The capital you spend is also very large, around $1500. It would be better for you to just cash out, you have earned around $50,000, in my country this money is very large. Greed will make you lose everything.

ralle14

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I'd cash that out and lower my bet on the Bucks if I have to continue betting. It's too risky to trust the Bucks on the road, and even if Lillard is playing (based on the current odds movement), I still think the Pacers will close it out no matter what. This is their best chance to end the series, and they might even treat this as an elimination game because home advantage is that important for most teams, and giving the Bucks another chance at home is something they don't want to face again after that 20+ point loss in game five.

Odusko

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Oh yeah you have to cash it out, I have often experience this kind of situation where you are cought between cashing out or keep risking to to win the ultimate prize, but most often than none you end up losing the entire amount of and when just a single game goes against your predictions along the line, so for me you have to cash out whenever there is already a significant amount of profits.
And from what we are seeing you already made near $50k winning with your $1500 staked bet which is huge enough to walk away with at this point, but since is your bet and your decision to make, you have to take your actions now regardless of how it will all end.

Reid

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I'd probably cash it out. The Milwaukee Bucks is not playing well without their superstars. They may have won their last game but I doubt the Pacers will just let it happen again. Do remember, adjustments do happen in the playoffs. But if you are so sure about your bet then go on.
It's not like anyone could predict what could happen. I'd watch the game if I were you and lookout for windows of opportunity to cash out with a higher multiplier while the Bucks are on the lead.
But I am not the greedy type so I might just take the money and move on. Put a new bet for the Bucks that won't jeopardize everything.

crwth

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Definitely cash out. It's so much that you have enough of it. I think it's really a gamble to let it continue. It's best that you assess to do it. You might have regrets if you lose that parlay. Imagine losing what you already have, you just have to realize it. It seems like it's normal to you to do that. Just make sure that you accept what you are doing. Someone having risked $1500 and still not satisfied for that multiplier, it's still crazy.

Twentyonepaylots

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To be honest, if I were you, I would already cash it out and take profit since it is already a large amount of money—1.5k to almost 50k—and you have already multiplied your money by a lot. So practically and financially speaking, it would be best to cash it out; you might regret it if you don't. Also, Giannis and Dame are most likely still out on game 6, so Bucks is kind of shaky right now. I mean, they could get the win, but still, the Pacers can finish the series on game 6.

But if you are always betting that kind of money, then maybe you just let it ride. If you are comfortable losing 1.5k—not only 1.5k but 50k—then let it ride and risk it all. If you are that kind of gambler, then risk it, man. But I always tell others, if you have the chance to gain profit, take it now, and you might regret it once it is over.

Asuspawer09

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It might not be worth it I think, with the 50k$ cashout without any risk, I would definitely cash out at this time for sure, because for sure 50k$ was already a good amount I think considering it 100k$ I think the best option was to cashout here already, rather than just losing it all. I mean you surely made your profit on 1500k$ I mean like a huge amount of profit already, I mean 1500k$ was surely a huge bet even though you do gamble a lot and this 50k$ wasn't a big deal and you wanted to make more like 100k$. Just remember most of the topics here telling everyone not to get greedy. So it was one-sided I think cash out is the best option here and then take out a huge percentage of it on your savings account then probably like 20 percent to continue playing. I mean I do NBA bets as well, but wasn't on this level most of the time my higher bets were just around 100$ but still a good profit, it was kind of fun and entertaining at the same time since we are all NBA fans so I think its already a good profit, having that fun and getting the 50k$.

betswift

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if you cash out now you're securing over $50K. That’s a solid win and it guarantees you a great return without any more uncertainty. It’s really tempting to go all in for the big payout but it’s important not to let greed cloud our judgment. So my thoughts are that locking in a win now could be a wise move especially if it feels right to you.
On the flip side, letting it ride keeps the dream alive for that whopping nearly $100K. But its a risk and how comfortable you feel about it? and what you hoped to get from this experience?
In the end no matter what you choose you’ve played a good game to get to this point. Reflect on what feels best for you and enjoy the ride.

Topic: cash out or let it ride? - page 6. (Read 1022 times)