Definitely not the best strategy. The only time you’d cash out is if you’ve lost confidence in your bet and just want to cut your losses. But cashing out isn’t really recommended for a bet you were confident in, it’s just mostly useful for parlays with huge payouts. Even then, it’s better to have the confidence and discipline to stick it out, even when it looks like things might not go your way. Remember, bookies have their own tricks to lure us into cashing out to minimize their risk, playing on the same fears we have.
If you are unsure with the possible outcome or your confidence is not that much then choosing to cashout early might fit you, though it can affect your mentally if your pick happens to win and you cashout early with smaller profits. Though it's always on you whatever direction you take when playing, the option is open when the house provide it and if you think it will benefits you then there's no wrong in taking it, just need to move forward if possible whatever the outcome might be after the game ended.
Actually, even when the bet is already winning, nothing is guaranteed. It all comes down to how we handle the situation, and what usually drives the urge to cash out is how we feel while watching the game. If we were confident in our pick from the start, we should stick with that confidence until the game ends. If dealing with emotions during gambling becomes too overwhelming, the best move might be to simply avoid watching the game live. It keeps the stress levels down and helps you stay level-headed.
Yes, if you are not a fan of pressures better not to watch the game when you already place your bet, if you think that you already did everything in terms of research and analyze, then entrust your fate with that and keep yourself away from it, I agree with you that even the chance is high there's still something that drives a gambler to cashout, something that can lead to regret when the game ends up winning, instead of making decently, because of that option to an early cashout you did not maximize your profits.
The best way to deal with cashout trauma is not to keep your mind on it. i.e when you claim the cashout no need to focus on the remaining games if it enters or not, just remove your mind and focus is on something else. Because imagine the kind of regret you will be when you cashout half a million (depends on your currency) and the potential winning was more than just a million, then the games played as predicted even after collecting the cashout.
Instead of one to focus on the remaining games after claiming the cashout, it's better not to take the cashout at all. Then finish the risks you already started.
Such a situation certainly creates a dilemma in making decisions in the future. There will be times when Cash Out will be profitable for gamblers and there are also times when Cash Out decisions will make gamblers regret it. Forgetting about betting after cashing out is a good choice, but maybe not all gamblers will do that. Most, even I personally do a check after I cash out my bet. Just to test how lucky I am. But if the results are the opposite, I can feel how unlucky I was at that time.
Yeah, the chance of checking the outcome after cashing out always happens, either the outcome favors your decision or become a regret, you are still interested to the result of the game.