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Topic: is cash out really beneficial or just a trap? - page 3. (Read 421 times)

hero member
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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.
full member
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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?
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.
legendary
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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.
hero member
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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?
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.
full member
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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.
hero member
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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?

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.
legendary
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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?

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.
legendary
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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.
hero member
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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?
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.
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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?
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. 
sr. member
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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.

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.

Quote
Sometimes Patience is important.
Calculated patience.
hero member
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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?

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.
hero member
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December 23, 2024, 04:41:34 PM
#9
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.
hero member
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December 23, 2024, 04:35:43 PM
#8
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.
legendary
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December 23, 2024, 04:25:57 PM
#7
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)
full member
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December 23, 2024, 04:25:08 PM
#6
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
sr. member
Activity: 2618
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December 23, 2024, 04:17:39 PM
#5
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.
legendary
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December 23, 2024, 04:14:54 PM
#4
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.
legendary
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December 23, 2024, 04:09:57 PM
#3
I posted in another thread of what I am about to post on this thread which will only make me just quote myself

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.
hero member
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December 23, 2024, 03:58:52 PM
#2
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.
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