Topic: CASHOUT OR NOT???? - page 2. (Read 864 times)

He opted to finish the game but unfortunately it didn't go as planned so he got nothing in the end. Sometimes we're in a situation wherein we have to choose, I don't think it's because of greed, more on the courage to finish what you have started regardless of the result.

It seems op didn't regret his decision and in fact willing to take a risk again if same situation happened (based on op's update). Anyway, there are gamblers who will be wise to cashout already since it's a sure money. But there are few who have a guts to play through. So it depends for every gamblers.

Regret or disappointment when making decision but failing and resulting in loss of big opportunity is normal and of course everyone will feel these feelings if they experience it.
But it great that you can be so confident in the bet and ignore the profits you have made even though you know that the profits are more than enough, you have strong stance but this stance makes you feel disappointed.
My advice is to use bad experience like this as lesson and next time if it is worth it then do it, take all the profits and you can still start betting again but at least the profits are in your hands.
I know that every decision always has consequences, and as you said this is gambling there is loss, there is win and no one can know whether we will win or lose, so be patient, there will still be other opportunities that can come your way.

This is what gambling means mate. You need to risk the money for better profits. You have the chance now to cashout good amount, but you still have a chance that you can make more money if the game ends in your favour. So it should be your call whether to take the risk or not. If you are happy with the amount available, then you should cash out. If you are ready to take the risk and the amount isn’t so good till now, then definitely you should wait for the game to finish.

Making the best decisions when our brains and minds are possessed by other things such as temptation is not easy, even when we think using common sense that it is a good decision but sometimes different conditions will also differ the thoughts that come out of our instincts, which is why gamblers often regret and say "I should have cashed it from the beginning", it is a familiar statement in terms of regret, and it is natural because regret always comes at the end.

But on the other hand can you change your approach a little bit to minimize the potential for regret at the end of the session? I think you can, and one of the things you have to do is always try to be at a good level of awareness especially in conditions when you win, if you need to write something on a blank paper like "cashing out is better than you regret" and put that writing in front of you, I think that method will be quite useful to help you reach the level of awareness when the feeling of greed starts to attack you.

I say take this chance and actually just cashout. The thing is, your perceived feeling of loss when you realize that you could've won more is much easier to handle compared to actually goading yourself to feel better when you lose all of this next match. And it's not a laughable amount of money either, you literally have a lot to work with at this point and I am guessing you could pretty much take this without any problems whatsoever since it's stake you're doing your business with.

Just take the money and enjoy your winnings, treat yourself to something fancy and savor every dollar you'd spend. Wins like these do not come that easy, so consider youself very lucky to be given the opportunity to actually experience such win.

Well, this is something that do really happen on gambling field yet we are really that dealing with those things which we do need to choose up.Therefore, it do talks about complete risk taking on which there might be some people who wont really be able to dare out on cashing out early or would be going further until the end. If this one turns out to be a loss bet due to that 1 game loss
then it does really give out that kind of feeling on which it isnt really that pleasant but since you've been a bettor for long now then you  are already get used to it.
It is really that true that on the time that our intuition calls or instinct then it wont really be that a bad idea on trying out to follow it out.

I agree with what you say, in fact we have also experienced the same situation as in the OP's story in this thread. It could be that OP just wants to know various responses from the community, or it could be that OP really needs advice from us as a community. The point is, every decision belongs to the OP as the account owner with the results of his winnings. and several times I read OP's posts, that he decided not to cash it. In fact, it is completely his. and in the end, OP updated that the game turned negative and ruined everything.

He also said he was a little disappointed and that is very normal in gambling. and what I appreciate about what OP said, is that he has no regrets. regardless of whether it is true or not, it is his right to speak. However, I really agree with what he said. In principle, gambling only has two outcomes. win or lose. continue or stop. and all that, is our choice as gamblers. If it's no longer convincing, I won't hesitate to withdraw it. but if I still want to continue, be prepared for various scenarios that will happen. in short, we would lose everything if we risked it all. or, get a win that is multiplied many times over. Most importantly, we must be able to bear all the risks. anyway, if luck is on our side. we ourselves feel it, get the results, plus get the results from the pleasure of risky types of entertainment.

The gambling was the game and the possibility of loss and gain was equal.The gambling people should understand this basic things before starting the game in the gambling site.The game results also based on the game situation and the conditions of the game betting in the gambling site.The advised opinion of the gambling was the Gambler should cash out after certain percentage of win from the deposit money.

Thank you for providing the update @OP. Well, that's gambling. We can win, we can lose, depending on our situation and conditions at that time. But hopefully, the lessons you get from previous experiences can make you wiser in making decisions, and that will certainly influence your decisions in gambling. And as long as we don't regret the decision we have taken, that means we can accept it well, especially since this is gambling where we can lose or win. This will mature us so that we can be more careful in making decisions. Your instincts will become more honed so that you can differentiate whether it is instinct, the temptation to keep not cashing in, or something else. The important thing is that you have learned important lessons from your experience, and we can all learn from your experience. Thanks again @OP.

Before this was introduced, gamblers had to wait until the whole game plays. The new feature of taking half of the funds before the game ends, is something I don't understand why the house chose it. In a simple term, they'll make more money from gamblers who prefer to take half the money, before their games ends. Here is where the gambling begins, who's going to win or lose. Whether to take the money or not, it's never an easy decision. We can say that a good number of people who didn't withdraw the available wins, lose out on the long run. But, think of it, the betting platform has lots of people who withdrew and their game ended up accurate. The remaining half goes back to the betting platform. It's more of a 50/50 scenario, yet, somehow the casino earns more using this formula. Only few players will be like OP and wouldn't take the already existing funds. And to many, the funds could be running in millions, thereby the casino still earns if the end results happen to be true, and the player withdrew along the line. 

The outcome of the match is uncertain and none of us knows whether we will win or lose by gambling rather we gamble thinking that gambling may lose us money. That is, we decide to gamble even with the maximum risk of losing. If we talk about cash out in gambling then I would say everyone gambles to make profit and after making profit he must try or withdraw money from that site. If a gambler wants to continue this gambling then he has to keep his capital, it is not bad if he cash out the profit while keeping the capital. Many people do like this that they use the amount of money they earn as capital along with the capital but I don't like this at all I always prefer to cash out the profit amount.

It's true and it makes sense, you're making a scenario statement that matches the reality that most gamblers experience when they're lucky enough to win a certain amount of money. Honestly, I feel it and I have experienced it too, where reason and lust with a certain degree of curiosity will always be at war, between having to choose a withdrawal that is driven by the consideration of reason that it is the best and what should be done or continuing to play with the impetus of your hopes and feelings thinking that this is an opportunity to multiply even bigger.

The second point really must be eliminated from your mind, try to keep awareness in your mind, because if not then I'm sure you will continue to be carried away, the question is not did you come to get the victory? then when you already get it why not choose to withdraw it? anyone will never know what the amount of victory will be which means they want something much bigger than that by choosing to continue, even though on the other hand lust and desire will never end, right? in real life is the same. So in my opinion if indeed your victory has reached 100% of the amount of capital you bring then it is better to withdraw than to continue chasing the uncertain.

I have one rule that has developed over the years of my betting and passion for casinos and betting: As soon as after winning the thought appears that “maybe I can withdraw money?” this means you need to end the game and withdraw money. At the same time, you need to forget about the thought “I need to continue playing, because even though I was very lucky, I can multiply this amount.” You need to get rid of this thought, because 95% of players, if they do not withdraw money, will definitely lose all their winnings. And even if they play for part of it, then they lose and take more and more from the winnings until they all lose.

I would have also blamed OP for not cashing out when he had the opportunity to at least go home with half the win, but like others have said gamblers need to take full responsibility for their actions and inactions. Taking responsibility will also help to reduce regrets and blame. It is very common to see gamblers blame people for wrong decisions which shouldn't be the case. OP made his decision because he could bear the risk but I am sure I would have cashed out immediately.

My friend who is a great risk taker will always tell me that if you want to win big, you have to risk big. And I find these words to be true because every big winner took greater risks than the average or small winners. OP I wish you better luck next time.

A newbie in gambling would have cashed out, So I am not surprised to hear that you have had a similar experience. Did your instincts tell you to cash out? I don't argue with my mind when it comes to cashing out. Immediately I am moved to take a decision I will abide to avoid regrets. But you have learned some lessons.

Interestingly true OP, many people believes gambling is just all about winning and making away with some cash, I bet if that OP had done a cash out when he didn't really want to, but had to due to fear of uncertainty, he would've had some regrets later on, and maybe the regret would've even motivated him to risk the whole money as consolation to satisfy his regrets, and who knows what would also be the outcome. I think the most important than is being okay with whatever you decide and handling the outcome without regrets. We can't always win.

Thank you for the head up, i am sorry that the result of the game does no go in your favor but  it is nice to know that you are not sulking on what happen.  Your scenario indeed give different kinds of lesson to each one of us.  In my case, I believe that win or lose does not matter as long as we don't regret our decision.  If we win great! and if we lose, that is ok, it is gambling after all. 

Aside from that, as long as we can afford to lose, we should continue until we felt that we can't afford the amount at stake.  Anyway, I hope you good luck on your next sports betting adventure, hopefully the next time will give you a great result.

You bet it was quite an exciting ride, and yes I have learnt a few lessons from the experience too, although this wasn't the first time I'm encountering such a scenerio but this one was a tough knuckle. Like I said earlier OP if I'm faced with the same situation in the future and my instincts tell me not to cash out, I would follow it, that's one thing about instincts, sometimes they lead you to making her right decisions and sometimes they don't. And yeah next time I believe I'll get it in the bad

At times we should also view this bets in form of business we are running in terms of when we want to make decisions as it's regard to cashing out. As in, what sort of business will you invest $20k and you will be making a returns of $300k+ within an hour as the business begins? Cause from the the bet slip as shown by op it was 20k he used in staking and you're offered 300k+ as cash out when there are three other games left to play which outcome is uncertain. If I were to be in that shoe and I believe so much that those three remaining games will play as predicted in a business man perspective I will cash-out the 300k and use 50k to rebet the other remaining games, for a bird at hand is better than many in the bush.

Always, I tell myself to cash out if there's a chance.
Don't prolong the decision because somewhere out there, there will be demons that will tell you to continue but it's not worth it. They want you to keep on going because they want their money back in a legal way. But it won't happen because you will be the one to stop it.
I do understand the need to be there but I also understand what has kept a secret just so it can continue. They will keep on hunting us but they will spend a lot of money first before they reach whatever they want. I am just another victim but I know what is next,

I remember advising you that whatever decision or action you take it should be something that you are comfortable with and you can have a good sleep and since you already stated in this post that you are comfortable with your decision to go, then it is good to move forward now, that's the fact of gambling when you think you have it in the bag then unexpected things happen.
I'm sure you will learn from this and take the best action next time you are in the same position, anyway, I'm sure its an exciting ride and you enjoy the experience, I'm sure next time you will finally get it in the bag.