Topic: Have you ever lost a bet in this way? (Read 534 times)

I see it as some kind of insurance and while some people would like to do something like that you are lowering your profits willingly for an scenario that does not come that often, as I said before this to me seems like a bad deal, if we make the calculations we will see that you are better off not taking this option, however it can be a life saver for those that made a huge bet and they do not want to risk it, but in that case you should make smaller bets instead of wanting for the casino where you play to offer an option like this.

Until the match is over, you do not know how it would be better to proceed - take the money right away or wait for it to end, right? And those matches that ended as they should, but at the same time you withdrew money before the end, are also losses in terms of profit, right? So what's the point of this if you don't know what to do at any given moment? Your know best choise only when event is in hisory already )

The cashout feature was also integrated on Betnomi and it actually a great feature if manage properly but it could also be a disaster though.

Some bookmakers manipulate the odds sometimes, that's why I don't rely on the odds when making my betting decision and it better to trust one's instinct than cashout the game in the middle of the road. Besides, gambling is a game of chance logically it can't be profitable always.

About to be won can still lose especially if the game is close, and also, no gambler would cash out at a lower value of the actual potential win if the bet is likely to win, like 90% chances. The cash out feature is indeed useful because it's a way to secure a win and to minimize the loses but I stop using it as it's more fun to stay at the normal way of gambling which is a win or lose situation only.

Cashout bet in gambling is similar to trading cryptos at times. Cashout bet is pretty much difficult to predict in terms of football games where the pitch is quite large and every player should contribute equally to win the game. Whereas in games like NBA or Cricket, cashout will play a really good role depending on the time and the players on the field. I have once lost a minimal percentage in a game between LA Lakers vs Miami Heat where Heat were pretty close to winning the game but lost on the final minutes.

I am not sure what caused the situation of losing the game, but it was one among the earlier cashout bets I did when I was not really good at gambling. I supported LA and bet on them but while the game was slowly shifting towards Miami, I cashed out to prevent further losses but to the contrary on the final minutes LA won and I lost a few bucks.

I would never wait till the end of the game or wait for the game to end if there are key players on the opposite team. The key players like Lebron could change the game altogether and its probably very risky to bet against them. So the same goes with Cricket too. We never knew the finals of World Cup would end up in a Super Over where both NZ and England were too good with playing in the finals. So it's always better to cashout on what you think the likelihood of the game would be rather than waiting and watching them by ourselves.

I do even have that kind of behavior when I do know that the team I had bet on would able to win the match, I do go away from my pc and turned back into it and decided
later on to cash out my winnings but Im in shocked when the match turns out to be a lost on my part when suddenly the opposing team do really make out some score in
last minute which it do really give out that kind of feeling where you do regret on not to secure out at least and since you are already being confident into your bet to
win then people would have the same behavior in most cases.This feature is best but people are way too greedy.

The thing sometimes matches don't go always as planned which is the reason why the "Cashout" option is the best and last option there is. There some matches where a guaranteed win doesn't look like it at the last minute as the opponent's team have scored or even win.

I also have experience it myself where I thought the game was gonna end in favor of what team I've bet on and later found out that they've lose which made me lose all my money instead of having it back or at least have some left by using the Cashout option.

It is there for quite some time at sportsbet.io and they recently removed the partial cashout option though. It's added at stake for a while and now even Bitsler is planning to add it. I am not sure of others as I don't bet too much on sports at other sites.

I usually don't cash a bet if it is going the right way, if it is going the other way I usually cash it out because there is a panic kind of situation for me. Even worst are the times when cashout is not available due to odds being suspended for the event.

Cashout is a useful feature only if you know when to use it and when not to use it, cashing out bets which you eventually win and not cashing out the ones you lose is a dreadful scenario and it happens with many gamblers. There is a small fees/edge when cashing bets, so don't cash it if the bet is about to be won.

I have experienced the same thing you described in your OP and didn't use cashout, so I paid for it greatly. I had a bet on a football team to win. They were leading with a two-goals difference and everything went as expected until one of their players got sent off. With about 20 minutes left in the match, their opponents scored two goals and the match ended with a draw. That cost me a few hundred euros of profits.

But cashouts have also worked in my favor a few times in the past. I remember one match where I had a winning X2 bet on a team. It was the 2nd half, and the game was a tough and ugly battle. My team began to struggle and an important defender got injured after losing a duel against an opponent player. He was taken off the field to receive treatment, but they didn't have a suitable replacement due to other injuries and suspensions. He was struggling to stay on his feet, so there were two options:

- He could return and continue the match limping on his leg.
- The team could make a sub and introduce a youngster from the youth ranks.

I didn't like either of those two options so I cashed out my bet when I noticed what was going on. The player eventually returned for a few minutes and was later subbed out. Not long after that, his team conceded a goal and lost the match. The youngster who came on wasn't to blame for the goal, but still. 

Not like totally take back the same amount that you bet.
Something like 10 percent of the whole bet only.
Like in Basketball when the team you are betting with is losing with a large margin but there is so much time left with a possibility to upset the game with enormous effort.
Did anyone tried to cashout at that moment?
Most of the experience I have read here are from the winning side.

That is part of gambling, and I think that what's makes gambling fun and addictive. The thrill and sudden turn of events. You'll never know what can happen last minute of a match, sometimes all you have to do is take the risk. I always fall on the same situation where I wish I could've bet more or  I could've cashed out my winnings and now it is too late. That is the real essence of gambling to take risk, just always follow what your guts say.

I am not fond of online betting, but if I made them, I would wait for the completion of the event without the early closing of the bet. Bookmakers offer too unprofitable odds, it is better to take a risk and win the entire bet. And you need to understand that you cannot win all the bets and you cannot "understand" which one will lose and close it ahead of schedule.

No one forces you to make use of that feature but at least bookies do give out such option for you someone to take.Its not on bookies concern
if you do have some halfhearted towards your bets because its up to you if you would make use of that cash out feature or not.
It true that this is business and its just normal that they would really be setting out something on not to hurt up their pockets.
Its just not relevant to treat up that way on where gamblers could abuse such thing which is impossible.

This is all gambling sir. Anything can happen even if the result is 2:0 until 92 min and im the end it is 2:2

I think that happened pretty recently in a year or so back i dont know if everton newcastle played but i think everton played for sure
But there is a meme going around how can i tell my kids it was 92 min the ref said 3 minutes of additional time and game ended 2-2

So that said anything can happen sometimes cashout should be taken earlier.

As a bettor we have the guts that we think we can make this game favor on us like you're watching your favourite soccer team, then they scored by 1-0 and you have the trust that your fave team could defend their score and can't let their opponent score for their team will give you a confidence to not cashed out while on game. And i bet there is no such betting excercises which you can get your winning cash while the game was still not finish like we say even you and your friend are used to put a bet on that simple game, you can be able to claim your winning price after game

I still have doubt that this feature will lead to the bettors begins confused about what he did and will I guess distract the bettor's mindset. Instead, bettors had an actual plan but in actuality, bettors might feel halfhearted or not even sure of the bet, instead of having potentially won, it will distract by this feature, this is only my own opinion. But it seems good and I agree with this feature at the end.
On my mind, there are pros and cons to using this feature.

Well, I dont regret it because when you picking a team and bet, it should a final decision, and do not cash out your bet.
What if you will win? Then you have been already cash out your bet? You will also perhaps regret those things that you have made a wrong decision. Place a bet of what you can afford to lose and not always feel regret while seeing that you have a loss. That is how gambling will work, it is very risky but once the luck will be with you, you will never know that you already gained profit.

It's a new feature for some but this can also help attracts bettors to stay on their site, the cash out option is very attractive especially for bettors that are constantly betting, they will find it useful. Cash out implies the word "minimize".. why? because it with this feature, you can minimize your loses or you can also minimize your winning if you cash out at a profit.

No, i will not regret about that. Shit happens, you know. Especially it's often happens in poker, when you have some "monster"-hand, like AA or KK, you're going ALL-IN and someone calls. This guy has any kind of shit on his hand, this doesn't matter. And finally, he get some combos like two pair or set and you still with your one pair of AA or KK. This happens to often, I would say.

So my asshole now is immune to such kind of shit, after a lot of games in Hold'em 

I know when to stop, and most of the time that's what saves me from losing a lot of money. I would have cashed out in a heartbeat without really losing too much from that instance except a few % of the potential winnings but that's it. It's hard to push your luck when luck already came knocking on your door; you'll never know just what's next for you.

I don't really take a bets for my cash out in the first place because I wanted it to be used for some expenses like with daily fair going to work. One time I've tried making a lucky pick at gambling casino, but I lost everything so one day I never use the winnings for another possible chance. Highest bet could potentially put your investment at risk, better take your cash out instead of wasting everything.

Yes, there is, and it all explained very well in this article.
https://www.gamblingcommission.gov.uk/for-the-public/Safer-gambling/Consumer-guides/Betting/Understanding-the-cash-out-option.aspx

But there are some casino that has on this feature, but of course, I understand if there is a casino that not willing to give to this feature. Everything to them is money. Sometimes they don't care about their bettor's sides. But it doesn't mean they untrustworthy.

First of all sportsbook are not stupid to put this feature that would kill their money.

The cash out option are well calculated and it always favors the sportsbook, I'm sure there's a better explanation on cash out option maybe not in this forum, just search somewhere so you'll understand, or maybe the best thing to do is to try betting and use this feature.

Your last example created some confusion. First of all, this is the first time I am hearing about something called "cash out" feature. From what I understand is that you will be given a chance to "cash out" your winnings, but will receive on 1.01x as the payout. This makes no sense, even further when you are talking about sports bet. You are saying that you can always cash out before the game ends, giving you less profit. If that is the case, wouldn't people be able to "abuse" this feature? Like place high bets, and then just use the cashout feature to make some guaranteed small profit. Or did I get this all wrong?

Where do you actually bet then? Because, most of the sportsbook have this feature nowadays. Maybe you aren't in sports betting and only gambling on casinos.

Yes, but it does not hurt to cash out a bet you see is going wrong. I give you an example, I made a bet on Djokovic in the French Open, against Nadal and once the match started, I had my hand on my head because it was just a one-sided match and there was no way Nadal was losing it. I realized that after the end of 1st set and cashed out my bet, of course, I got much less than my stake but still way better than losing the whole amount.

When you clearly notice that you made a blunder, it is a good option to cash-out your bet(s) and get out of the game. I often use this feature in the NBA games I bet. I wish UFC odds were offered live and I could cash my bets after a round or two because it feels painful to watch the fight and see your money go but not able to cash-out.

I try never to regret the result of an action. After all, betting should bring pleasure and not other emotions. I also sometimes use the Cashout function. And I have never had any regrets about it. There were a couple of times that I did Cashout and my bet was going in. But here I think it works the same way as with trading. If you start to have a feeling of FOMO, it's better to stop betting or trading for a while.  But you have to understand that trading is for earning, and betting is for emotion.

It is what usually a bettor must do. If he's not confident anymore and he's too careful about the next games that he'll bet on because of the risk. He has to cash out and take whatever you could take on your balance but you can leave a small amount for you to continue.
Because of the fees, some will regret withdrawing it and that's the lazy part that we can understand but you shouldn't let yourself hang without getting anything back from your own wins and bankroll.

That's a good attitude, it requires some discipline but not all people can do that actually. Me being a gambler, sometimes I am too emotional especially if I'm watching the game, instead of enjoying the game, we feel different when we have bet on it and especially if we are risking a decent amount.

I personally have never taken advantage of the "Cashout" feature so I can be sure that I have never experienced defeat that way. I have been accustomed to leaving the bet when I have put in money and will never check the bet until all the matches are over, even though actually when I just put money in the bet then basically I can "cashout" if suddenly I don't have the confidence to continue betting but again, it's just gonna cost me and I'm just going to leave that and let the bets go their way.

I following our hearts mostly result to a loss, our emotion dictates what we feel if we let that emotion to dictate us, for me, it's wrong because I have a lot of experience that I lose when I follow my heart, I learn that we should have the ability to control our emotion and always follow our mind over the heart.

Game plan is created by our minds, not our hearts.

True, sometimes we try to have an OCD type of attitude when it comes to strategy in gambling and how to handle its ways. Majority of the time, we will be breaking our rules and just act out on our urges (whether to cash out early, betting big, or just losing it even when there's a clear win-win situation) and I feel the best way to go around it is to accept that we will just do what our heart says, so why not accept it. Then whatever it's the result, we won't regret as we followed what our heart said!

It is so true. If we already make a good analysis for each team and select one team with a big chance to win, the situations can change as the team can get more power when they can collaborate with the other players. I agree that sports games are unpredictable, so we need to gather more information, and we can know each player's ability in that game to help us analyze better. Be an underdog team can give them a chance to win as their tension will not too high depend on their opponents to play with their best performance.

The goal bet in the last minute I had, for me not disappointed but, the annoyance that was in my lot, I placed a bet on Team A:2 and Team B:1, the reality in the fight with the result of 2:2, I can only reflect and be disappointed, but I did not cancel the bet that I had placed.

Gambling has uncertain luck, we may feel confident at the first minute of our bet because we think that the team you just bet on would win the game then suddenly last minute the game flip over. It happened to me also when I was betting on a basketball team before I thought that the game is already mine but I was wrong. LOL

I also tried this on NBA before. I am betting on the overall winner for the game. And cashout is already available upon you to put your bet and I think few minutes before the game ends.
Honestly, if I am cashing out before, profit is already a profit, even small before, I will not regret anymore after cashing out, even I will get more profits if I didn't cash out, I will be happier since I don't lose at all.

Yep,  many times I have experienced to lose on my sports bet because the other team scored on final quarter. Of course, there is a regret feeling inside but I know that sports games are also unpredictable. Even you bet in the best team, you can't really know what will gonna happen to the game itself.

And countless times thar Ive been tricked also with those low odds team offered. Sometimes, lowest odds can't be trusted, too.

You have nothing to do with that, you are playing gambling which is really full of risks and it depends on you if you want to make it more profitable for you.

Sometimes it also depends on you on how you will act depending on your patience, skills, and discipline.

If you don't want to regret for something then you should play safe if you want that.

If you feel that you are lucky enough then try to take advantage of the odds and bet what you can afford to lose.

OP wasn't talking about parlays as I understand but it's the same management, you should only change your initial target if you think parameters aren't the same anymore, otherwise that shows you aren't playing rationally

I always experience this kind of situation whenever I have the attitude of not being contented of my profit. Just like you, i always aim for the highest possible amount of profit. Whenever I take the profit I always yhink of putting it back and playing again because I believe that my luck is good that time. Many times, because of my greediness attitude is that I didn't able to get my earnings thus I end up losing all of my funds and capital. I guess right now, I didn't know what could possibly change me but I can say that I learned from my mistake and I able to overcome that kind of attitude and avoid the negative mistakes from my pasts 

What I do in such situations depends on how I feel and whether I'm there watching the game. If I have a bad feeling about the game and have an option to cash out early, I do it. If I feel like going with the flow and testing my luck until the end, I do it. It's hard to say if I'd prefer to cash out early or not because it's just too situational.
I lost money by not cashing out early. I'm sure there aren't many players who didn't.

Pretty much the same as the dilemma of whether or not you should hedge your bets when things are going your way.

Usually, using the cashout feature will yield you less Expected Value compared to just riding it out. There is a reason why sportsbooks would even offer you this liquidity in the first place.

This is why I always stick to my initial bet even if this was to be offered as an option. Even though cashing out early may work once or twice in the short term and you avoid some losses, in the long run you are going to get killed by the negative EV you incur.

Crash or trade needs fast reaction on what is happening, in sports betting, you can still have more time to think .
This is mostly applicable for huge betting odds due to parlay bets, if you have 10 legged parlay and you hit the 9 already and the last game has not started yet, you can still think whether you'll cash it out already or wait until the game is completed to see if you win.

For example of this 10 legged parlay you hit 9 and you can cashout $1,000 while if you win you will get $3000.

What would you choose, the decision making will then come and it's a hard decision for sure as if you cash out, you'll be happy if your parlay end up a losing bet but if you won, you might regret.

The problem is, nobody knows what's going to happen the next moment and so, it's almost impossible to predict the outcome of the game in which even the best of the best players lose sometimes.


There's one thing I didn't describe here that in some games, even if your bet still has some odds available (like if you are winning your bet and it still has 1.1x or even 1.01x available), the site removes the cashout option which is tricky sometimes so I'd say it's on a game-by-game basis.

I personally experienced this one, regretting since you almost won the match with some decent money but instead of cashing it out you continue and thinks that maximizing your win is far better than the early possible earnings which is much lower than your expected earnings.

Greed really affects it out, unless you are experienced gamblers who knows that when opportunity knocks grabbing it is the first thing to do.

And like what how you explained from your first statement, cashout feature is not there before, good to see that it was introduced and many disipcline gamblers can do enjoy this function, allowing them to take early earnings and use it again with other avaliable games to extent their chances to have more possible profits.

That feeling of frustration or being shocked can really be felt by most gamblers that do get involved with sports betting since results or outcome cant really be determined ahead.

As long the game is running then all the possibilities could really happen and this is where people do call those "upset" games where heavily favorite did really lost into an underdog unexpectedly.

As a bettor or trying to close that bet out then you wont really have any choice since that would really be having a decrease if you decide to close it up.

It sucks to have that kind of feeling on where you do already expecting for a win or its already within your grasp but in goes opposite in the end.

Exactly, that's how I wanted to elaborate here.
I've made bets in the past on teams which scored around 5 goals while the opponent team just had 2, but after 60 minutes are gone, I don't know what exactly happened but the opponent team scored 3 back to back goals during each 10 minutes session ahead. It was so shocking for me to see myself losing that way.

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When gambling is compared with trading, I guess this "cashout" feature can serve as a relative point between both of them because it allows us to move our money out of the markets just like we do in crash games as you said.

This is not a very recent feature, it exists on gambling sites since very long time AFAIK. You have to manage that like a crash game or a trade : you must choose a target price/odds before playing and only changing it if you think parameters are really not the same anymore.

Certainly, this happens when you bet for a team with very good odds, kind of thinking of an easy small win and then the underdog scores. The odds shift so dramatically that you do not get a chance to bail-out and there is a too big of a material loss to close the bet.

Why is it that it's like chasing your bets when you're cashing out your money? isn't it good that you're getting your money back before you lose?

Since you said that you have no good experience, you probably aren't taking profits when its necessary.

This feature is similar to the one offered at IQ options sites, so you can *short* a bet to finish it instantly with a lower profit or a lower loss, depending the situation.
To know if asking for cashout is a good idea you need to analyze the game and how your team is behaving. If the game is hard for them and the rival is putting a lot of pressure, it may be a good idea to cashout, but if your team is controlling the match I see no reason to do this.

It can always happen in gambling and you must be prepared for it without regrets, after all it's an unpredictable event. Situations like this will happen sooner or later if you are an active gambler, but you can minimize the chances of losing this way if you do what I said above. Sometimes I can see the team is very anxious and nervous, commiting obvious mistakes. When this happens there is a high chance the another team will goal them by the end of the match.

Ok, let me make it a bit easier for you to understand.
We are emphasizing specifically on "Cashout" feature of any gambling website here (and I hope that you're familiar with what it is).

Let's say we have a match today between Real Madrid and Sociedad today.
Odds are 1.89 on Real Madrid's win and 3.45 on Sociedad
Now, you've placed a BTC0.01 bet on Real Madrid's win, so if you win, you will get BTC0.0189
Now, there's 0-0 goals during first half, so nothing changed.
Let's say Real Madrid scored a goal at around 70-75th minute, which makes the scoreboard to 1-0 and now the odds have decreased to 1.10x-1.15x and you're currently getting ~BTC0.017 through the cashout feature, what will you do? Will you rather wait for the next ~20-25 minutes to get the whole winning or just cash it out and leave the game?

What if Sociedad manages to score a goal during the last few minutes? The scoreboard will then be 1-1 and so, the win of Real Madrid will possibly turn into a draw if they don't manage to score another goal here. So, your win turns into a loss here. And even the odds will rise over 5x-9x immediately once Sociedad scores a goal (the 2nd goal that makes the game draw during the last minute), so your cashout value will come next to nothing.

Of course you would regret hat. Just like you would regret when you sell a crypto project to early or buy it at it's ATH and then immediately after you buy it starts dropping.
I personally would only use the cash-out function when my bet is right so far but the team that i betted on is starting to lose control over the game and the equalizing goal becomes more and more likely.
Other than that i would just stick to my bet and enjoy the higher rewards. Goals out of nowhere can spoil the fun though 

I know the feature but I'm not using it. Maybe I would be interested if I'm betting a huge amount but no, I'm just betting a small amount and I always want a 90% up win on my bet ( in case it will win)

Cash out option is new I believe, but it doesn't really attract me, sometimes I have a winning parlay, and I hit already 4 out of 5 and I can cash out but didn't do it because I want more, I lose it but I don't regret.

Honestly bro I consider gambling not like trading.

There are only two option I bet, a lose or a win.
For me, cashing out when given an opportunity is like chasing your bet when you are losing. .
This is not good and I don't have good experience when situation comes that my emotion will play against me.

Changing your odds while the match doesn't yet finish? Yeah, that will I guess a term of cash out from most casino but I think there are too many gambling casinos that has that kind of feature but in different use of the term.  

I never tried yet this kind of feature because most commonly I let the game finish its match which I feel safe that will I guess possible of having a technical error or something like your bt might be lost. While placing your bet, just to make sure that you are not half-minded in every decision had, this will avoid the regret of you are newer close for the winning result.

But you will be missing on the big potential profits you might have gotten had you remained constant on your position and prediction if the prediction turns to be accurate. I guess, it's not really very easy to just cash-out manually simply because when we place a bet thinking of the outcome and all the points are meeting in the way to prediction, we always stay greedy and hope that in the end the profit will be in our bag. Once the game changes, so do the odds and we can't cash-out then.

I don't quite understand the point you're trying to make here, if the odds of the game changes during the match and you placed your bets before those changes happen, then you will get the return based on the odds when you placed the bet, and basically your bet would not be affected by that, so why would you be bothered by the change of the odds?, odds just change based on how the teams play or when/if a team scored a goal and game results were changed, unless there are some sportbooks that I don't know about that use a different approach to calculate the wins and odds.


That's the risk you take, unless you somehow know what happens in the future you should not regret what you didn't know in the first place, you should try to minimize your risk as much as you can but no matter what you do, sometimes it won't go exactly as you expected.

Of course man, we have all been there. I use cashout feature very rarely,,, there is usually no game that I bet on that is suddenly different in outcome but the main reason I avoid cashout is huge loss on the winnings already "in the bag".

Pointless to see you have in reality 5x odds but cashout only gives you 2.5x.

I very rarely use this function because of the low odds offered by the gambling site if you take your winnings before the end of the match. Still, I prefer to wait for the final whistle of the referee and accept victory or defeat, whatever the outcome of the match.

if this is how it work no one is going to loose but this does not work as you described it but it wont allow you to use the feature when the game is already late that the results are obvious if who is going to win or loose .
 if you want to use the feature you need to decide and use it early to be fair on both sides  .

im not good at confusing my self and the cashout option wont work best on me but im playing the game like you .

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 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.

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.

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.

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 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

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 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.

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.

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.

When seeing that sudden 1.01x odds then I would most likely be cancelling out that bet even if it cost me a little specially if im not really that confident on my bet.

On my gambling career or experience there are times on such changes where I do end up on cashing it out even im on disadvantage but there are times I do have that
YOLO feeling.

No matter what if its a loss or win as long the bets had bee put on then let the game wait till the end.

Some NBA bets where games did end up on having an OT due to last buzzer beater shots which do end up for me to rage out because if that shot wasnt able to get in then
i might able to make money.As far as i remember, i do able to experience twice on the same scenario.Of course you would really be having that early celebration when you do
saw that the time limit is only less than a seconds or few seconds which you do saw that it is impossible for the opposing team to score that very much little of time
but eventually it did really happen.Some sort of anger and rage can be felt on that time which is unavoidable.

Gambling is a very uncertain luck. Sometimes you will regret a certain action you took prior to the end of the bet. Sometimes what you did would play out to be one of the best decisions you ever made. Most times I see those cash out features as trick by the bookies, because however the percentage is been calculated the bookies always take the wider margin of the profit at the long run.

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?