Topic: Have you ever lost a bet in this way? - page 4. (Read 526 times)
Correct me if I'm wrong, but I think this feature that you've mentioned is like "take profit" feature is in trading futures. I think it's a good feature on minimizing your losses, the only problem that's left is if you're a greedy person. Being greedy in any form of source of income will always lead to profit loss in the long run, instead of earning money, it always turned out to be a stone.
This feature is now available with few gambling sites. I've used it with sports betting. The odds we've placed will be calculated against the betting value and the amount will be credited to the Wallet. This is good feature, because we can atleast get a small profit before the game changes against the odds we've selected.
Is it called "cashout" for every gambling site? I think some of them have different term on this.
I never tried it before.
Had always let the game finish and let the site automatically put my winnings in my wallet.
How much is the percentage mostly taken away like when the game is still in half and Team A leads with points? (your betting team)
Does this depend on how much the lead is?
It could also be used to save some money if you feel like the team your betting with is losing. Is that possible?
I never tried it before.
Had always let the game finish and let the site automatically put my winnings in my wallet.
How much is the percentage mostly taken away like when the game is still in half and Team A leads with points? (your betting team)
Does this depend on how much the lead is?
It could also be used to save some money if you feel like the team your betting with is losing. Is that possible?
I lost bets in a similar way in the past and it is definitely hard to watch. The number one tip for gambling most people here on the forum give us is to manage our expectations and emotions. Only when we can handle winnings and lossings in the same we can sustain long term gambling without ruining our lifes. This is much harder to do than to just recommend it. Especially when losing larger sums at the end of a session I feel that is hard to move on. I keep thinking about the loss and what would have happened if I just took the cashout and didn't keep on gambling. Unfortunately we can't turn back the time and need to move on somehow.
I used to gamble in a different way till we got introduced with a feature called "Cashout" which wasn't there for few years on crypto gambling sites. Now, whenever you make bets, not some average or tipped ones but high confidence bets, you see that you've already won and the odds that you placed your bet on (which could be higher than, let's say 1.50x) and it has dropped to 1.01x, will you use your "Cashout" feature and leave / lose a few % of profit just because you fear that the game can still change? Or you'll just go with the flow and let the game run, and you'll wait till the end to get complete profit?
Now, my main question,
What if you didn't cashout your potential winnings and then suddenly, the game changes and let's say that you placed a bet on a Soccer match between Team A and B and you believe that Team A will be the winner (based on less odds and past performances), the score is 1-0 and time is 89 minutes. Now, if Team B manages to score one goal at the last minute and set the score to 1-1, won't you regret that you were so close that you must've cashed out your bet, but lost big due to that last minute goal? This happened to me a few times and I bet it may also have happened with many of you. So, have you ever lost a bet in this way?
Now, my main question,
What if you didn't cashout your potential winnings and then suddenly, the game changes and let's say that you placed a bet on a Soccer match between Team A and B and you believe that Team A will be the winner (based on less odds and past performances), the score is 1-0 and time is 89 minutes. Now, if Team B manages to score one goal at the last minute and set the score to 1-1, won't you regret that you were so close that you must've cashed out your bet, but lost big due to that last minute goal? This happened to me a few times and I bet it may also have happened with many of you. So, have you ever lost a bet in this way?
This is different for every gambler.For me I never use the cashout button on single bets and I use it a lot for multi games tickets.When I win for example 3 of a 6 leg parlay I almost always use the cashout button as waiting for the other three games to finish adds a lot of variance and the bet can be lost easily.So for me it depends on how you see it.
Lots of times actually, and that's why it's called gambling, because luck plays the biggest factor and impacts most here. You can find the similar example from game of crash which you can find in lots of casinos, you put some amount at bet and set a auto-cashout but at the same time you can always manually cash-out anytime you want before the rocket/the crash ends. I have put bets on 2x many times only to lose at 1.90x or even one time 1.98x. Regret? Maybe, but what if we cashed out early and later find out that had we not cashed out, we would have had more money! Regret is possible on either side 
I have heard about the "Cashout" feature but until now I have never bet on a gambling site that has this feature, so I have never experienced anything like you OP have experienced.
There will definitely be regrets when we make a wrong decision so that it will affect the results obtained, but if I bet on a site that has a Cashout feature I would prefer to stay until the end of the game regardless of the outcome.
There will definitely be regrets when we make a wrong decision so that it will affect the results obtained, but if I bet on a site that has a Cashout feature I would prefer to stay until the end of the game regardless of the outcome.
I haven't experienced losing bets because of the "cashout" feature but I imagine it to be really aggravating if I were the bettor. Gambling-wise it puts an additional thrill and likely looks as a side bet that's very tempting to wager on.
My rule is to only bet once in a game, except if I am thoroughly familiar with the teams I betting on.
My rule is to only bet once in a game, except if I am thoroughly familiar with the teams I betting on.
If you have good experience about the game before gambling then the chances of winning are much higher. It is uncertain and depends entirely on the fate of winning and losing that's exactly what you said but cashback at online casinos is a bonus which involves getting back some of the lost funds for a certain period of time there are cashback on different terms and sizes. We need to explore the installations and to choose the best of them we need to know the strategies to make the gambling life of the players easier.
Wouldn't cashout option defeat the purpose of betting in the first place, I don't gamble with bet but I believe that what you are saying is defeating the purpose of betting which is leaving it all to the team that you bet on to make you some profit, gambling needs guts and resolve and cashout option is a cowardly act.
Gambling a risky thing with a 50 50 situation, if you play gambling there is no assurance of winning the game or losing it. When I play gambling mostly I wage a small amount of money because I can't afford to much of it so the outcome depends on the flow of the gameplay if let's say I wage already 100 USD and then win a double, triple.. of it I take it and stop playing because Ive reached the quota I want the same when losing money I wage a total of 100 USD and then lose it all after that I stop for playing and try to do other things to prevent a full downfall of the money I have but sometimes when we saw the outcome of the game as a lot of "what if I risk this is the possible profit I have" we cant remove this kind of mindset but still always look forward to your decisions than losing everything. Its nature for people to have regrets.
I used to gamble in a different way till we got introduced with a feature called "Cashout" which wasn't there for few years on crypto gambling sites.
i believe that this applies to sportbetting because in non sportbetting type of gambling is not possible to not have a cashout button unless if the game is not real or theres no real money involved although even if there is a cashout feature we miss look it all the time when we are in the middle of our excitement . back to sportbetting , i would like to continue what i started and i wont cashout early because i want to win big and if loose is the outcome ill gladly accept it
So, have you ever lost a bet in this way?
A lot of times. But no regrets. When I place a bet, I am already more or less convinced that my bet will make it. Other than some factors which would possibly make me decide otherwise such as a team's superstar or main scorer is suddenly out of the upcoming game, a reserve is playing in lieu of the main player, and so on, I wouldn't decide to use the cashout option.
To further illustrate how I am normally convinced of my bets, when I do live betting and the odds on my team or player are rising, I would even bet more. And I suffered huge losses because of this. Perhaps I am too emotional at times.
I used to gamble in a different way till we got introduced with a feature called "Cashout" which wasn't there for few years on crypto gambling sites. Now, whenever you make bets, not some average or tipped ones but high confidence bets, you see that you've already won and the odds that you placed your bet on (which could be higher than, let's say 1.50x) and it has dropped to 1.01x, will you use your "Cashout" feature and leave / lose a few % of profit just because you fear that the game can still change? Or you'll just go with the flow and let the game run, and you'll wait till the end to get complete profit?
Now, my main question,
What if you didn't cashout your potential winnings and then suddenly, the game changes and let's say that you placed a bet on a Soccer match between Team A and B and you believe that Team A will be the winner (based on less odds and past performances), the score is 1-0 and time is 89 minutes. Now, if Team B manages to score one goal at the last minute and set the score to 1-1, won't you regret that you were so close that you must've cashed out your bet, but lost big due to that last minute goal? This happened to me a few times and I bet it may also have happened with many of you. So, have you ever lost a bet in this way?
I think that has happened to every single one of us since that is relatively common, however I would not take such option and the reason is precisely because of the money you are leaving over the table, I am pretty sure that if we made the math we will find out that we are in fact losing money by doing this so if I was gambling in a casino with this feature and I was presented with the scenario that you present I will keep my bet going as it is the best option for me long term. Now, my main question,
What if you didn't cashout your potential winnings and then suddenly, the game changes and let's say that you placed a bet on a Soccer match between Team A and B and you believe that Team A will be the winner (based on less odds and past performances), the score is 1-0 and time is 89 minutes. Now, if Team B manages to score one goal at the last minute and set the score to 1-1, won't you regret that you were so close that you must've cashed out your bet, but lost big due to that last minute goal? This happened to me a few times and I bet it may also have happened with many of you. So, have you ever lost a bet in this way?
Well, a bit of profit is still a profit imo. I've lost a few (not really a few but a lot) of games like this especially when the opposing team just somehow manages to get their inner beast outside for that small span of time. That span is seriously enough to influence the entire bet I made and it's frustrating, yes, but it also somehow feels quite amazing especially when you see it happen at the last moment. I tend to mostly forget about my bet and just go with the flow of how the game goes, even if it rooting for team A and there's a huge disparity between the two but team B somehow plays well, heck I'd root for them all day since that's what makes the game interesting imo.
That happened to me many times and learned from that mistake. It's always good to take your profits or initial first before commencing to another bet. It is what safety first means whenever we bet.
But if you're too eager not to cashout and you think that there's really a big chance you'll win, remember that it's still a chance and there's still room for losing unless you name it as a sure win.
But if you're too eager not to cashout and you think that there's really a big chance you'll win, remember that it's still a chance and there's still room for losing unless you name it as a sure win.
As for me, I follow a strict rule when I am gambling to ensure that the game doesn't get in my head and ultimately cost me more losses in the process. I automatically stop when I get three losses, regardless of how much I have won so far, this ensures that if I have won in the first part, I still get to keep my earnings, and if I really lost it, I can still get away with something left in me.
That's the best strategy to make while you're running out of funds when bet in gambling, we must decide in a smarter way. When you stop, everything will fall into place and finances will be saved in order to be used for another important purpose.
Our world doesn't just end with gambling, because there's a another diversion that would make us more efficient. If you lost in betting, then moving out from that binds is our last options to prevent from being drowned to addiction.
The moment I noticed the cashout feature in gambling platforms, i began to think how this will really leave gmablers in tears, at op, this happened to me so many times but I have always been at the winning side if actually I hold on till the game finished, I have been very careful when picking the games I placed so likely the last game favours me all the time, If my game would ever go wrong, then it would be the first game to cut my slip.
This happened to me so many times on football, recently i'm trying to avoid using cashout as much as possible since there are games where teams could quickly take turns in taking the lead and from what i've noticed the cashout you get on favored odds is so juiced so as much as possible I always let it ride. The only times I cashout is when teams are not on their usual performance midway through the match. Occasionally I hammer the other team if the offered cashout is already too low.
As for me, I follow a strict rule when I am gambling to ensure that the game doesn't get in my head and ultimately cost me more losses in the process. I automatically stop when I get three losses, regardless of how much I have won so far, this ensures that if I have won in the first part, I still get to keep my earnings, and if I really lost it, I can still get away with something left in me.
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