Cash out or wait till the end - page 4.

Mauser

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

Sorry to hear that you lost your bets, but that is the way of combi bets. One single bet can ruin our whole predictions, that is why I try to avoid them as much as possible, or only combine two or three bets the most. It's nice what kind of odds you get from combi bets, while also increasing the risk considerably. With your bets you ended up at odds of 10.36, which is very high in my opinion, these bets should fail more often than you win them. I usually only go for 2 or 3x bets. Making a 10x return is nice, but is not going to happen to often. We should keep that in mind and prepare ourselves for the worst possible outcomes. That is why I always like to take out some part of my winnings and not reinvest all of my money in the next bet. There can always go something wrong with a bet and if we lose all our money from previous bets it is sad. Also the problem with losing all our money in a single bet is that we will have trouble to recover again. Splitting up our money and saving some makes sure that we can cover a losing streak more easily.

aioc

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

Menh it is no easy to be a gambler. Well that the life
"NO RISK NO GAIN"

recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.

After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money

But the last game didn't turn out the way I wanted it and I lost that $389

I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

Sometimes the situation dictates how to react and decide on many situations in gambling, if you are coming from a huge loss and you think that this is the time to regain your losses then you will go all out and for the higher price, you have a big appetite for risk if this is your decision, it all boils down to your risky behavior and you are comfortable on what losses you will incur, but I always prefer to take profit, because in gambling its not always winning you will get even, lose and regain your losses.

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

There is no better option because, in the first place, you didn't know what will be the result. It's a matter of being satisfied with your supposed profit or expecting more. That's why it's called gambling in the first place right? You just didn't hit the win that's why you end up on a concern like that.

Regrets are really part of gambling. What if you won instead and were able to take home that $300+ win?

Up to you to decide what to do next if ever you end up again in that situation.

Alisha-k

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Some good male friends who play at local bet stores have had this experience countless times but i have promised myself if i ever try a multiple bet and get such outcome i will cash out in peace and let the last game go because the risk might be too heavy to bear. Just imagine OP had taken the $389 it would have been far better than losing it all.

qwertyup23

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

<..snip..>
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

If there is one thing I learned in gambling with all the years that I have played, it is to never get too greedy when you win. It also applies into investing where as soon as you saw and made some profit, always cash them out. The more time you placed your winnings/profits in the hands of the online gambling company, the higher the chances that you would use and bet them to play another round, like what happened to you OP.

I get it- it is very tempting to try and use the profit to bet again. But remember that the chances of you winning is very slim to the point that you would probably lose more than win more. That is why, as soon as you experience profit, better cash them out and avoid waiting until the end.

Yogee

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

....So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

Hehe it's easy to say things in hindsight but tough to make a decision when you're in that situation. I think your "bravery" for not cashing out before the last game was still a good choice. It just didn't turn out well this time. You would probably regret too when you cashed out early and the last one won.

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

...

My decision depends on the amount of money, but I usually choose to wait until the end because I usually choose to bet with small amounts. However, I don't find the no risk no gain motto exactly right because we can make more money with combined earnings. It is also possible to make combined gains by taking less risk, rather than always taking more risks. I wish everyone good luck...

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

Betting is so much like trading you can lose everything if you waited long enough and waited for a good price or cashout, its the risk involved in both betting and gambling and it really depends on your risk appetite, I prefer to cashout just doubling the amount of my bet is good enough for me, I can live with that even if lose additional profit from waiting for the completion of the game, its better than this than to feel sorry that you did not cashout earlier and lose everything.

freedomgo

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Quote from: nara1892 on November 11, 2022, 05:32:01 AM

Things like this go back to what we believe.
I personally always make some bets in the sportsbook until the end but when I look at the odds and we have won in those bets and see the condition of the one we support in this case is a little threatened then I might as well do a Cash Out but this is only a small part of what I do because I always bet until the end even though sometimes there are some matches that are really unexpected.

The smart and ideal thing to do after you have gained a good amount of profits is to actually make a cashout. But it becomes too hard for us to do, instead we chose to continue to play and mostly regret later on. This is really happening mostly when we bet, while others feel satisfied and cashout their profits, a lot of us still chase our luck and continue to gamble, until we realize that our profits is slowly going back to the casino until we lost them everything.

lienfaye

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Quote from: Die_empty on November 13, 2022, 02:10:33 PM

In gambling the higher the risk, the higher the gain. Also as a gambler you make your own decisions based on your experience and convictions about a particular game.

That's true. So if you intend to gain more, expect for it to be more risky and it depends on us if we are willing to take that risk. Often, we are tempted to do it because of our desire to earn huge then will regret if our expectation didn't happened. I already experience this kind of situation many times and often slap with bad result, it's not really good to be greedy because you'll end up losing it all. Thus, if you had the chance to cash out dont hesitate because it's already a profit otherwise you might regret not doing so.

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

I have experienced a similar situation many times on stake.com, and several times, i have refused to take the cash out offer and ended up loosing the game and the entire money.
But there are other times when i take the cash out and the game later pulled through and i start blaming myself for taking the cash out.

to be sincere, what i have learnt from experience with cash out is that accepting to cash out or not solely depends on how sure you are on winning the remaining or not, if you are very sure that the game will play out in your favor. then it makes no sense accepting a cash out offer, but if you are not sure about the outcome of the remaining game(s), and you are being offered a cash out that is way above the amount you staked, I think if it is me, I will accept the cash out and will never look at the game again, so as not to feel any regret just in case the game later turned out as i had predicted.

coin-investor

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

Menh it is no easy to be a gambler. Well that the life
"NO RISK NO GAIN"

You're right on this but there should be a time that you should moderate your greed from $70 to $389 is already good to cashout

recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.

Quote

After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money

But the last game didn't turn out the way I wanted it and I lost that $389

I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..

So what would you advise as a gambler? is it better to collect the cash-out or wait for the full cash

You have to live with it, its better to cashout with profit than have no cash out at all, but if you're having a good run then that will be the time to go for it, it's not only for sports betting that this scenario applies even in luck based you can face with this situation.

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

...

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

if I were you then I would cash out 70% of the winnings and put the rest as capital back for my next betting. The hard rule that you have to remember is never to be greedy in gambling, greed will get you screwed, and many gamblers actually lose big after winning big, it's all because they are greedy and too confident they will win more in the next round. hope you make the best decision!

Die_empty

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

In gambling the higher the risk, the higher the gain. Also as a gambler you make your own decisions based on your experience and convictions about a particular game. But for me, I am not very greedy. Regardless of how small might win seems, I would cash out instead of waiting to win big. There is a very high chance that you might loose all if you don't collect your win. But OP you were brave enough expecting to win more. If you had won that game, you would have been celebrated by all, but because you lost, everyone is blaming you. But for me, I would cashed out immediately.

redsun114

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Quote from: Johnyz on November 12, 2022, 04:09:36 PM

Continuous betting is fine as long as you are ready for that risk, and beside you just lose your capital here and you can try it again. Though most of the gambler will surely get that profit right away because that’s already a big profit with your small bet, some gambler consider that already as their lucky day and spend it the way they wanted it. Cashing out will be my option as well, regardless how lucky I am I still need to secure some profit.

We can't just continue for more but all gamblers must have a limitation even if we say that we are ready to take the risk and lose money because we are also losing a time here and we all know how important it was. It should properly be use on every other beneficial things not only on the things that gives us temporary enjoyment.

It seems that is easy for you to try say that try again after losing but what if we don't have money anymore? Losing at first, can be a sign that a gambler is unlucky. I already prove it that even after second and third re deposits, I still didn't get a win but if ever we are lucky, we also need to know when to stop and cash out because it's not long lasting and there is no way you can sap all the money inside the casino.

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Why don't you just repeating the first scenario? you have been putting small amounts of money and then it turns to become 5x times more from your initial fund. You can cash out this and try to did the same thing again and again.
You shall not being so greedy to think that you can make bunch of money from there. I meant look at how you can get very nice profit form your first bet and then repeating it will be also making your money become even more than before.
Think about that. as a gambler but you must also think rationally. that's pretty much the same like future trade. If you are winning and then use whole of money to bet again and then that's a stupid move

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Quote from: DaNNy001 on November 11, 2022, 05:25:59 AM

Menh it is no easy to be a gambler. Well that the life
"NO RISK NO GAIN"

recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.

After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money

But the last game didn't turn out the way I wanted it and I lost that $389

I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

That is what gambling is all about. You have no assurance of what will be the outcome that is why you should bet ehat you can afford losing and take what you think id necessary. If you have regrets then that must be your frustrations which is just normal. Think of this; if you have pulled out your money then happened that you had a wrong guess but luckily you did not bet on it, would you have the same reaction of being upset? ofcourse not because the outcome was in favor to your likeness. So do the same thing if the outcome won't 'coz in the first place no one pushed you to play other than yourself. If you can see the future ofcourse you'd be betting more on your winning bets but that's just impossible.

If you can't control your emotions, always secure profit to lessen being upset of your losses. That is greed on the other hand if you already won and continued to play more, with hopes of earning more basically. Know your limits as a player.

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That's the risk thing if you didn't make a risk at all you can get a profit, that's the gambling works, this is the reason why people are willing to risks for having a higher reward if you got a good profit with that risk there's a chance you lose it again, that's why in gambling people wanting to play more in gambling they know the risk of getting a good earning in this game, if you hit the jackpot well that's good enough if not there's a chance to play more, for me sometimes the mood really effects the momentum of the game if you are not well to play not ideal to make a risk because sure you'll make a bad decision.

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Quote from: Bitinity on November 13, 2022, 04:31:21 AM

Quote from: Docnaster on November 13, 2022, 03:43:22 AM

Quote from: jakdanyel on November 13, 2022, 02:51:51 AM

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money. More risk means more money, that's right. But there is also no need to lose the money at hand for more money.

He should have taken the money because the outcome $389 is very high than the capital $70. I will not cash out if the cash out amount was around $85 to $100. But in his own situation he got more than 300% of his capital. It is only greed that will make one not to cash out at this ample opportunity. Although we know the feelings that will all the matches will play, leave it

We cant say it is as a pure greed. Some gamblers aware about such situation but they do not cash out because they believe that the bet will go through as a winning bet especially when there is one selection left. Imagine, if he did cash out (full) and the last match is a win. There will be a different regret as he should have won double amount than what he cashed out. Of course if the last match is a lose, he lost everything. That's why I said previously that doing partial cash out is the best option when it comes to a dilemma.

It also depends on the option you played in the last match. If the last game is the most risky in your selection, you don't have to wait till the end. But if the last game is safer than the ones that played, you can take the risk. I don't expect anyone to ask how to know if a match is safe or not. After bets everyone knows the one you expect to spoil the accumulated bet

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Quote from: Docnaster on November 13, 2022, 03:43:22 AM

Quote from: jakdanyel on November 13, 2022, 02:51:51 AM

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money. More risk means more money, that's right. But there is also no need to lose the money at hand for more money.

He should have taken the money because the outcome $389 is very high than the capital $70. I will not cash out if the cash out amount was around $85 to $100. But in his own situation he got more than 300% of his capital. It is only greed that will make one not to cash out at this ample opportunity. Although we know the feelings that will all the matches will play, leave it

We cant say it is as a pure greed. Some gamblers aware about such situation but they do not cash out because they believe that the bet will go through as a winning bet especially when there is one selection left. Imagine, if he did cash out (full) and the last match is a win. There will be a different regret as he should have won double amount than what he cashed out. Of course if the last match is a lose, he lost everything. That's why I said previously that doing partial cash out is the best option when it comes to a dilemma.

Topic: Cash out or wait till the end - page 4. (Read 5672 times)