is cash out really beneficial or just a trap? - page 13.

DaNNy001

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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?

The way you are going about this post makes it look as if you are just hearing about the whole cash out option although for most casino its a recent development but it's something that have been on and helping out gamblers in some way and also a tool for the casino to salvage some chances of big massive to hit their casino because I have seen more than enough cases of which myself am a victim where you get to cash out sometimes like 20% of what you are supposed to win and the game still played through but the rate is depending on the number and odds of the games remaining.

Ojima-ojo

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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 saw a similar thread about cash out around the discussion board, why creating duplicate threads, but for the sensitivity of this topic let me drop my contribution here.

Cash-out is for those who have no confidence in their game selections and they are waiting just on luck so when the casino sees that in them, they offer them a fraction of what awaits them and try to tempt the gambler with such an offer in cash-out.

If you take it, you may get lucky to have chosen the right approach if the game lists along the way, but if the game's all entered it means that you may have lost some fraction had it been you waited till the end.

Sanitough

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If cashing out is part of your strategy, you won’t feel the stress, it’s just another calculated move. However, if you use it impulsively because you’re unsure of the outcome and want to secure a small profit, stress will creep in. That stress usually comes when you realize you’ve missed a big win because you cashed out out of fear of losing everything.

IMO, gamblers need the courage to stay focused on their goals. The cash-out option, while useful, can also have a downside. It can limit gamblers from going for bigger wins by tempting them to minimize risk, and in turn, minimize their potential rewards.

Fortify

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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?

Cashing out can be beneficial to both the end user and the bookmaker. The end user might have regrets about their bet, or even decide that the danger is too high while watching the game, so having the ability to redeem some of their cash is very valuable. If you imagine that most sports betting is a 100% win or loss, the ability to redeem at least of portion of the bet can help or you can take some cash early. If we're talking about cash outs during the game, bookmakers actually have a lot less analytical ability because it can take a lot of resources to crunch odds based on the current statistics in the game and the automated algorithms might make bad decisions or be unable to factor in something that the gambler sees (like a small injury to a star player)

rodskee

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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?

if you make this decision it is up to you to own up to it and stand by your choice and this doesn’t only apply to this specific situation because it applies in everything too if you made that choice then you need to live with it and there is no point in stressing yourself and worrying about it too much because what is done is done

you won’t get back any of your money if you keep worrying about it it was your decision to not take that risk and play safe so be happy about that if you worry about it then think that it could have well as much gone the other way

peter0425

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If you cash out early obviously you still ended up making some kind of profit at least even if it might not be the one you wanted. Either way there’s still some profit there so it’s not a complete or total loss. But some gamblers do not exactly gamble for money, they play for the enjoyment and thrill of the game which is why they’d rather risk it all on a game. And if it works out then everything is well. Anyway cash out can be beneficial because at least you would not be walking away empty handed. But still, it depends on what kind of a gambler are you and whether you are ready to take risks or not.

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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?

The one who have implemented it from the casinos, the big ones very few to not say only 1 of them offer that feature correctly. By correctly I mean to offer that cash out option for every game that passes and to increase it properly, most casinos are very selective in this feature, for example one of the major casinos to not name them here but you all know who they are, use this feature extremely in a selective way and they don't offer you the cash out option for example when you have gotten correct 15 games and only 3 games are left, most people would cash out by finding 15 games and won't risk the 3 ones so they know it very well and they play on this. As I said there is only one true casino that implements this feature as it should, for every single game increases the value and they keep that option alive during all time, they are the only one I would use this option.

Oshosondy

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I posted in another thread of what I am about to post on this thread which will only make me just quote myself

Quote from: Oshosondy on December 23, 2024, 01:11:32 PM

If you have a long parley and you have won huge amount of money and it remain one or two matches but can cash out huge amount of money, it is better to cash out.

If you have just one match and is currently being played and not favoring you in a way that the cashout amount is less than your stake amount, it is better not to cashout.

Cashout has advantages and disadvantages. I can not use it while losing but I can use it while gaining huge amount of money already.

Mate2237

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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. 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. Sometimes Patience is important.

Ziskinberg

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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?

Topic: is cash out really beneficial or just a trap? - page 13. (Read 2222 times)