is cash out really beneficial or just a trap? - page 12.

GreatArkansas

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

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However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

What I can see in the cash-out feature is more likely not fair, especially considering the odds you will be getting when pressing the cash-out button.
I believe they will not allow it if not beneficial to the sportsbook as well. From what I can see, sportsbooks make more money evenif the player will cash out is already winning.

Darker45

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It isn't necessarily just either of the two. We can't really call it a trap, but we can't also consider it completely beneficial to bettors.

It's a case-by-case situation. So it isn't the feature that matters; it's how you use it. Certainly, it's good that such feature is there, but as to whether it's utilized properly, it's entirely up to the bettor. It all boils down to the discernment, timing, analysis, accuracy of individual bettors.

But since bettors can't be accurate all the time, it seems such feature becomes part of the game, part of the fun. On the other hand, of course, the betting platform will also have to somehow protect itself from this feature as it could be to their disadvantage. They disable this feature as soon as it's obvious one team is most likely winning.

Cryptomultiplier

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I don't think there's any temptation when it comes to cashing out early. Gambling is a game of chance and one must learn to take their chances by making solid decisions, and in this regard, it may entail to cash out earlier before the match ends inorder to stake again, gamble longer and recover a bit of potential available funds.

romero121

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For me it is completely an added feature that helps to lower the losses. At times we might experience failure, but if you're with a satisfactory mind, it helps us to be on the safer side. Most of the time I used to place bets on matches in which both the teams/players were equally strong. This means the odds used to keep on changing when the match was live. At times we used to get a good chance to cash out with a good winning amount. I used to follow such a pattern of play. Another thing, once you've cashed it out, you should not look into the end result of the match. Because already you've got the result and the reward for the respective match.

Pi-network314159

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This type of discussion has been raised repeatedly here but that been said of course cash out is really a good option and not a trap according to the op. there are times when cash out options saves us from a big loss but we don't often know except for the fact that we saw the end or last part of the game. I myself has cashed out some bucks that would have lost if I where to leave it to the end. In conclusion cash outbid not a trap.

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

I think it is important to not get too greedy. Cashing out is fine but I completely understand what it feels like when you could have won a lot more, had you not cashed out. But nobody can see the future so what is the use of kicking yourself over something like that?

Vaculin

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It could be both. It can provide us early profit but the amount is limited. Simply because you never have the chance to increase your bets for a more favorable and bigger amount of returns. Although that's never a bad decision, but you could have hit higher amount of returns if you chose to increase your bet, rather than setting limits on your amount of bet.

batang_bitcoin

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

It is not a trap, it is not stressful. It's a good feature when you think that you can no longer push through. Of course it comes with a commission from the bookie and they have to slash some percentage from the principal amount of bet that we make. Don't think about what ifs because that's what is pulling gamblers to do more and bet more when they can have their money back. Been there and done that, and I find it as a helpful feat that bookies have that I can pullout anytime I want as long as the match isn't yet done.

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

While it can be beneficial at some point, but it can also reduce the potential returns of our bet. It's like you encourage yourself for a lower return of investment and the loss of potential gains, most especially if your bets are highly favorable. So even if early cashout would offer a secured profits, but know that when you are gambling, there's always chances to maximize your gains especially if you are lucky that your bets are in their favorable positions.

blockman

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Our minds changes with these bets. If the huge bet that we thought of about to grow more depending on the odds, we have the option to take it out but with a discount. I find no problem in doing that when my mind changes and if some all of a sudden situation changes. E.g. when I need more money for any other expenses that I need to allot budget.

Stepstowealth

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

The cash out options adds more puzzle to gambling, it is beneficial to both gambler and sportsbook because for gamblers, they could win from their options even if all are not correct, and for sportsbook, a gambler could loose a greater sum of money, because they cashed out early. As gambling grows, more options like this will come up that make gambling more tricky, and most sportsbook will not waste time to include these new options knowing that they will be sort after by gamblers. There will be gamblers who will not play in a sportsbook because they do not have the cash out option.

ralle14

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In certain scenarios, it's worth using to pull out a bet like a multibet that comes down to the last leg plus it saves you the hassle of hedging. For the most part, i'd say it's a trap with how they set the juice, and using the feature frequently makes you think it's better to take the smaller loss than to risk losing the whole bet.

Sometimes using the feature could make you miss a winning bet and finding the right timing to pull out a bet is always difficult because games tend to play out differently than we'd expect.

sunsilk

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

It is when you see the live games and they're not doing good, you can withdraw less than the amount you have bet for.

But if you think that it's not going to help you out, let that money of yours lose. That is the trick in our minds that we could have earned more.

If you're not careful, you could have lose more.

Abbatty

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The cashout feature have been there for a long time now and it is beneficial if you don’t trust you game and I can’t say it a trap, because of how it is been calculated, it is calculated as the odds that is confirmed already minus the bonus is what is going to be paid to you. So I can’t say it a trap. The cashout system was introduced by the first sporting bookie to win over customers and other sporting bookies had to add the features to their apps too. So it now up to you to make use of it in the right way and how beneficial it is to you.

You can cashout in some games and it will be very beneficial to you while you can cashout in some games and you will regret it, I have been in both situations and I will say it hurts more when you cashout and the game plays, so I have decided since my last incident that will never cashout on any game again, it a law I have implemented on myself. I don’t want to start going into details about my incident but it a very bad one and I still regret it till today.

btc_angela

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

For me if I cash out and bail on my bet, then I wouldn't regret it. I mean I already made my decision and so be it. And that is the essence of gambling because you don't know what the results will be and you took that risk and chance.

Because if you mindset is that you regret cashing out, then mentally you will have a hard time winning. So let's put it this way, what if the bet was a lost? See still 50/50 and we shouldn't felt guilty or something in the end.

robelneo

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

Its beneficial if you are not that greedy and you want to be safe once you cash out. You should not look back or feel sorry; the attitude should be on; it is what it is regardless of the outcome. You can only go on if you're comfortable with the risk associated with finishing the game.
In gambling, you should cultivate the attitude of accepting the outcome of your decisions, or else you will be disappointed even if you make a profit, and this is not good.

alani123

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Cash out is an interesting feature but if a bookie was to remove it as a feature and give me better odds, I'd take the better odds.

Really I don't think it's that important unless we're speaking about huge lucky predictions where either getting 100x or 90x is still a huge win.

Profit is profit after all. But for those seeking to play with sports over the long term, because this feature is so sparsely used, it's better to have better odds overall.

Nwada001

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

Cashout is both beneficial to the casino and also to the gambler; the gambler has the chance of winning something more than the amount they use in staking if they cash out when there is still time left, and the casino has to save some extra money, which could have been paid if the game played as booked and the player had already cashed, and yes, it also plays with the players mental health because of the stress of thinking what's the best option to take at that point when you are looking at a good amount to cash out and what could also be possible to win.

Yamifoud

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Quote from: Ziskinberg on December 23, 2024, 03:52:48 PM

I've noticed that many sportsbooks now offer this feature, and it can be quite helpful at times. It guarantees a profit even before the game ends, which is great if we’re feeling uncertain about the outcome. However, is it truly beneficial? Or does it just add stress, especially when we realize afterward that we could have earned more if we hadn't given in to the temptation to cash out early?

For me, this tends to help gamblers from getting into the trap of addiction, and instead of losing their winnings, they can pocket some and take a break. That is why I believe this kind of feature serves as a helping tool for all gamblers and makes them think carefully about their next move after having this recommendation. If we have this popping up, this should never be ignored but rather considered. We know that we can't be lucky the whole day and keep the winning momentum, and the casino just offers what is good for us.

Alphakilo

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Quote from: Mate2237 on December 23, 2024, 03:58:52 PM

Cash outs are actually beneficial and at the same time it can be a trap and what I mean by this is, if your cash out offer is bigger than your stake then you are in profit. Most gamblers always regret anytime they cashout a game that later plays out. This regretful thoughts shouldn't cross your mind when you are in profit.

You are right. The cash out feature is like a coin that has two sides. On one end it offers good benefits to the gambler. It is the exit route when you want out. And I think that it is fair for the gambler to have this option. The cash out feature is the most ignored feature among gamblers, it is that our sense of reasoning that we all choose to ignore but regret not listening to when we lose our bet.

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They can become a trap when you are offered an amount lower than your stake and after cashing out that amount the game moves in your direction, this means that you have lost your chance of making profit and also lost a huge part of your stake.

Is it indeed possible to cashout less than your bets? I have carried this thinking that the cash out is like a quarter of the total win. And that the cash out is about at least double the bet amount. This is what it is.

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Sometimes Patience is important.

Calculated patience.

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