Cash out or wait till the end - page 5.

rahmad2nd

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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.

Yes, i like your point. there is nothing easy to bet on a sportsbook, everything returns to the choice of bets and what we believed before. with all considerations and according to what we understand, basically it all depends again on the situation at that time.

in certain cases, we will look at the conditions and opportunities that we have. if what we support is not what we have predicted before, especially in this case it is a bit threatened. then, the option of doing Cash Out is a better choice. however, basically we rarely exercise this option and it depends again on what we predicted before.
I'm sure, most gamblers who like sportsbook betting have experienced many cases similar to what Op described in the thread above. so the problem is not collecting the cash out or waiting for the full cash, but how confident are we in every available opportunity.

Docnaster

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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

QueenVera

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Mehh, it's truly a very difficult situation to be frank with you because one of the greatest problem with gambling is greed and quest to make big profit.
If I was to be in your shoes, I would have taken the $389 and walked away but then I understand that you were very confident in your game and since it was remaining just one, you saw no reason to opt out and that is actually were the greed factor comes in.
As a gambler, there are two things you must have to work in first, which is your contentment level and greed level, the moment you work in this two, you're half way to success in gambling.

jakdanyel

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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.

Poker Player

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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

Withdrawing the money does not assure you anything either, as I know of cases that after a big win, they withdrew the money, and shortly after, they got a compulsion, deposited it again and ended up losing everything and more. It would be much better for you to learn not to let yourself be carried away by your emotions.

As far as I am concerned, it does not make sense because I do bankroll management and now what I earn I reinvest it to go up levels (I play poker) when at other times I have decided to stay at a level and withdraw the benefits, the strategy is to leave a minimum of stacks and what exceeds withdraw it. In other words, if I leave 50 stacks, and when I finish the session I have won 4 and a half, I withdraw those 4 and a half. If in the next session I lose 4 stacks, I have 46 stacks left and I don't withdraw anything until I recover the initial 50 stacks and exceed them.

ethereumhunter

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Quote from: nara1892 on November 12, 2022, 07:16:04 AM

Quote from: ethereumhunter on November 12, 2022, 06:32:15 AM

Quote from: danherbias07 on November 12, 2022, 04:36:11 AM

Bro, I would've cashed out at that profit. You got greedy the second time, should've learned the lesson from the first time it happened.
Just imagine how much you already made from a $70 bet. That 5 times your capital which also gives you 5 times the opportunity to do it again and who knows you might get the same result next time.
You can just do it over and over again and you will make more money. That's the perks of betting online, the cashout options. I do it on Stake.com most of the time when I see even twice or 3 times the profit.

That is right. We can't always make more than the bets we make and also, we must be able to feel enough and satisfied with the wins we get so we don't get too greedy by continuing to gamble and hope to win more money. And while we can get that big win, we better withdraw it and save some of it to gamble another day because we can come back to that casino site and try our luck. Who knows, we can be luckier than yesterday and win more money. That means we get twice as many wins.

Except indeed if the bets we make in this case are really completely sure that we will win.
I made some big bets for a game last week and one of them was when Arsenal faced Chelsea last week.
I was at Arsenal at 2.65 odds at the time and when they scored 1 goal in the middle of the second half of course my stake was x1.3. actually I could have stopped it because I was already profitable but when I saw the performance of the team I supported it was clear I would not cash out and my choice was very right in this case.

It depends on what point of view we place ourselves from the match and depends on who we support in this case because indeed if we are sure what we are for, we immediately Cash Out even though a big win is almost certain to be obtained.

That is an exception because we already know that the team we choose has a greater chance of winning the match so we delay withdrawing the winning money we have earned. But remember that in every match, situations can change and the team we choose may experience changes in play which can cause their performance to decrease from before. And if this happens, it is beyond our expectations so that it can cause our bet to lose. That's why we must always research each team before we place a bet so that we are right in choosing the team that will compete.

Johnyz

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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.

DoublerHunter

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Quote from: goaldigger on November 12, 2022, 03:57:21 PM

Quote from: acroman08 on November 12, 2022, 01:19:44 PM

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

it is objectively better to cash out rather than risk losing all the profit but I'd still advise them to do what they want. gamblers have different goals, some want profit no matter how small it is and some want higher profits no matter how risky it is. I for one would be more on the cautious side and go for a cashout and not risk losing it all.

This will depend on your target profit for that day, personally if I already have that kind of profit I will cash out and stop playing, that’s already a big profit for me and doing that everyday can make a big difference. I agree that we all have different goals, and some gamblers might be more greedy to take more risk knowing that he is lucky by that time, but eventually if you continue doing that there’s also a higher chance of losing that money, and you will just waste that opportunity to go home with a profit.

^ It depends on your target profit and that is right.
But sometimes when I know that I have profit I usually cash it out because in my opinion the more you spend time gambling the more chances of losses become wide. Learn how to be contented with a small winning which is always on my head while gambling but sometimes we always hoping a big amount of winning that becomes worst when seeing our pockets are almost empty. Locking your target profit is I think a very accurate method of handling your money.

goaldigger

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Quote from: acroman08 on November 12, 2022, 01:19:44 PM

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

it is objectively better to cash out rather than risk losing all the profit but I'd still advise them to do what they want. gamblers have different goals, some want profit no matter how small it is and some want higher profits no matter how risky it is. I for one would be more on the cautious side and go for a cashout and not risk losing it all.

This will depend on your target profit for that day, personally if I already have that kind of profit I will cash out and stop playing, that’s already a big profit for me and doing that everyday can make a big difference. I agree that we all have different goals, and some gamblers might be more greedy to take more risk knowing that he is lucky by that time, but eventually if you continue doing that there’s also a higher chance of losing that money, and you will just waste that opportunity to go home with a profit.

Piesel

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Quote from: ralle14 on November 12, 2022, 01:03:02 PM

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

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

If you think that amount of winnings is already good enough for you and are starting to doubt the remaining legs then cash it out. I've also experienced those kinds of parlays where there are only one or two legs left but instead of cashing them out, I decided to ride them out which rarely works out. Whenever I have a parlay and I can't cash them out I sometimes bet on the other side as it's better to secure some profits even if they go down significantly.

You are very correct on this one as the amount won in the total cash kit balance can determine whether you continue to play or not. Let's say you already earn over 40% of your total bet amount you are as good as winning the total bet price and can decide to walk away and not want to risk the entire winning price if the bet goes against your prediction as the game goes on.

So cashing out is sometimes the best thing in some situations especially when the clubs are top clubs.

suzanne5223

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Quote from: Cling18 on November 11, 2022, 11:07:40 AM

Quote from: suzanne5223 on November 11, 2022, 10:53:19 AM

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

Honestly, I have been in this situation on several occasions either but I always wait till the end of the game since I don't just gamble on soccer games I did the needed research, and if it turns out that waiting till the end of the game made loss some portion of the money I ought to get if I cash out before the game end it is fine by mean because if the last game turns out to be winning in the end base on my prediction I will still lose some fund after cash out before the end of the game.

If you're a high-risk taker, then you would wait until the end of the game but to those who seek assurance, cashing out the profit as early as possible will be a wise move. Well, that's the risk of gambling, especially in sports betting, there will be times that you will regret that you made a different decision even if your prediction of the outcome is accurate but you'll have no choice but to deal with it and move forward. It's just that there are really unlucky days for us.

You may believe it about being a high-risk taker but that's not the definition to me because I gamble on the game I believe will give me a winning and whatever shouldn't bother me to the extent of cashing out.
To me is like not believing in myself and it is better to wait till the game ended than dicking out.

acroman08

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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

it is objectively better to cash out rather than risk losing all the profit but I'd still advise them to do what they want. gamblers have different goals, some want profit no matter how small it is and some want higher profits no matter how risky it is. I for one would be more on the cautious side and go for a cashout and not risk losing it all.

ralle14

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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 you think that amount of winnings is already good enough for you and are starting to doubt the remaining legs then cash it out. I've also experienced those kinds of parlays where there are only one or two legs left but instead of cashing them out, I decided to ride them out which rarely works out. Whenever I have a parlay and I can't cash them out I sometimes bet on the other side as it's better to secure some profits even if they go down significantly.

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Quote from: Shamm on November 12, 2022, 11:14:48 AM

Honestly I am not belong to a big whales gambler so based on my experience as a small time then when I already have a good profit for me then I will withdraw immediately it because I don't want to be leave empty handed cause we all know that not all the time after we won in some bet then the next more bet we will wok also so I'll prefer to withdraw if I have already good amount of profits.

I always cash out and I always advise my brother to cash out when such a situation happens but recently one happened I did not cash out and the game did not play. It is very risky and I took it that way.
I cannot cash out what will not be beneficial to me. If I play a game with $25 and cash at $30 why my potential mean supposed to be $500 what is my gain of cashing out. I'll rather lose the $30 and wait for $500

uneng

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It makes no sense to cashout less money than you deposited. Better to let the money idle on the platform for your future gambling sessions, otherwise it will be more expensive for you to have to make a new deposit after some days paying more transaction's fees, besides the fact you also have to pay withdrawal's fees.

You just have to be a controlled person in order to respect your own money not touching it while deposited on the platform until your next gambling session. Manage for how long you want this money to last for betting activity and play accordingly without going busted at once.

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Quote from: Kakmakr on November 12, 2022, 06:56:28 AM

I chicken out early... when I do a multi bet and it goes down to the last 1 or 2 bets, because it leaves me with money to fight another day. It also depends on how much I put on the multi bet... if it is a high amount, I will cash out early.... but if it is a small amount.. I will risk it. Grin

Sports betting can be fun, if you manage the risk properly.... it is not like Slots ..where the RTP is set by the house and your destiny is locked in. Tongue

It's actually great to chicken out early especially if have already won enough. Just like what happened with OP, he already made more than 5 times from what he initially bet. I don't think it's logical to continue betting on the last 1 or 2 bets since you have already won on your previous bets, and it'll be much higher amount if you lose it all on just a few bets. But again, it depends on the amount that you'll be gambling on whether you would like to continue or not, if you have not win from your previous bet then it's good to continue up until the last bets.

Shamm

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Honestly I am not belong to a big whales gambler so based on my experience as a small time then when I already have a good profit for me then I will withdraw immediately it because I don't want to be leave empty handed cause we all know that not all the time after we won in some bet then the next more bet we will wok also so I'll prefer to withdraw if I have already good amount of profits.

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Quote from: virasisog on November 12, 2022, 10:58:55 AM

We've all been in that kind of situation where we all felt overwhelmed with our winnings and still tried our luck believing that we could win more but ended up losing everything. Greed could always exist if we can't control our emotions but that should serve us a lesson for first time but doing it continuously means that you are not growing as a responsible gambler.
A wise gambler knows when to exit and take advantage of the winning. We should keep in mind that we could not always win so cashing out once we make a big profit out of our winning will be a smart move.

Indeed, in such circumstances it is very annoying and also sad, but everything has happened and can only be learned as a valuable lesson because greed must be defeated with self-control and it must be done for the next bet.
and experience will make us a wise bettor and stop when winning is the best way and even if we don't win too much if we do it often it will satisfy the results.

Slow death

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in my opinion the best thing is to cash out when the person is betting and makes a multibei bet then the person and the person sees that out of 10 games he has already won 8 games, he already has a profit of more than 3X the person does not need to be greedy , the person can cash out and get a high profit, but if the person wants to be greedy then he will lose everything and when he loses everything it means having to deposit once again in the casino or having a loss or reduced balance, I honestly don't see why someone who already has so much profit would have to risk waiting for a game and then lose

virasisog

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We've all been in that kind of situation where we all felt overwhelmed with our winnings and still tried our luck believing that we could win more but ended up losing everything. Greed could always exist if we can't control our emotions but that should serve us a lesson for first time but doing it continuously means that you are not growing as a responsible gambler.
A wise gambler knows when to exit and take advantage of the winning. We should keep in mind that we could not always win so cashing out once we make a big profit out of our winning will be a smart move.

Topic: Cash out or wait till the end - page 5. (Read 5667 times)