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Topic: is cash out really beneficial or just a trap? - page 4. (Read 2222 times)

full member
Activity: 504
Merit: 209
Duelbits.com
Taking a break is good for gamblers. take over the profits of money to enjoy. but everything will return to the bookies. we are just fooled by the luck of the time and the right time when we start betting. Indeed, for all gamblers, the main thing for addicts is winning, but the big class gamblers are not entertainment but are chasing the money they have lost.
Chasing the money they have lost has always been one of the reasons they have not been able to eventually get to win their games in the end, they most times end up becoming addicts because they probably don't be able to still recover when they expected they were going to win so they continue gambling hoping to win eventually only to turn out gambling addicts at the end of the day.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Cashing out is beneficial if the money you withdraw from gambling is from what you won while playing casino games. If you win a large amount, that's a good chance to withdraw it first and just keep the regular amount you gamble on the casino platform.

You'll be more likely to get caught if you don't stop gambling even though the amount you won is already large and the chances are high that if you don't stop,
you'll surely not realize that while you're playing, you'll eventually realize that you lost instead of winning.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
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.

Yes, I get your point. What you said is actually the truth. It's just like in trading, when you set a certain price limit as your take profit and maybe price gets to that range and close you out in profit but yet continues with a very impulsive move, if you are still looking at that trade, you could start to feel angry and regret why you took profit. So, in gambling when you stop your bet half way by taking cash out, you don't even need to go back to the game because if it was later successful, you might start to regret your decision.
sr. member
Activity: 504
Merit: 300
Sibi Dabo,,,,,,, Teme Ini Na Sime
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.

The advantage of cashout is that it gives you a little leverage over the game, you are not going to lose your entire stake, it's a way of controlling the losses you incur. Many gamblers get greedy thats why they don't want to take advantage of this option. The major disadvantage of cashout is that it deprives you of your win should in case the game plays out just the way you predicted. But I'll always say that it's better to get your stake back than losing it, even if you make a little profit or lose a little of your capital, look at the bright side that you didn't lose the entire stake.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
For example, if my money is still in for betting, I will 100% get a bigger win if your consequence is true. Or conversely, we choose to make a profit but not by winning big, only double is better. or I have to choose these two concepts. The gambling business is how to confuse addicts who become indecisive. they have all the systems from the bookie with a 99% chance of winning big. different from us, only 1%, even if you take sides, 99% will definitely lose

I know everyone wanna hit the jackpot ( getting some huge wins ), but to me in things like this minimising losses is just the smart thing to do , because you minimising kissing as time goes you're maximising winnings , because losses can actually take that big wins from you without no stress.

So sometimes is good to cashout halfway than to wait for 100% cashout, because even one game can cut the whole game. So better to endup with little win than not to win at all .
Taking a break is good for gamblers. take over the profits of money to enjoy. but everything will return to the bookies. we are just fooled by the luck of the time and the right time when we start betting. Indeed, for all gamblers, the main thing for addicts is winning, but the big class gamblers are not entertainment but are chasing the money they have lost.
hero member
Activity: 2926
Merit: 657
BTC to $150k -
Cash out can be very beneficial but can also be a trap especially when the cash out offer is smaller than the original stake. Cash outs are more like opportunities to make profit even when you are opting out of the game. One reason why gamblers don't like the idea of cashout is because they feel it would deprive them of their win, this is actually a greedy mindset. A win is a win it doesn't matter how small it is,  gamblers get cashout offers but they choose not to take it, cashout offers can be very tricky, they can be beneficial but at the same time they can be a trap.
Yes, regardless of the amount, if it's a winning amount, gamblers should know when to cashout or when not to. However, it's the gambler's right if he decides not to go with cashout first, but continue to bet more especially if there is higher probability to win more. Whatever the outcome is, if it's a loss, then he should accept it, and not put the blame on the casino why he was tempted not to cashout and lose everything he had won.
sr. member
Activity: 644
Merit: 271
For example, if my money is still in for betting, I will 100% get a bigger win if your consequence is true. Or conversely, we choose to make a profit but not by winning big, only double is better. or I have to choose these two concepts. The gambling business is how to confuse addicts who become indecisive. they have all the systems from the bookie with a 99% chance of winning big. different from us, only 1%, even if you take sides, 99% will definitely lose

I know everyone wanna hit the jackpot ( getting some huge wins ), but to me in things like this minimising losses is just the smart thing to do , because you minimising kissing as time goes you're maximising winnings , because losses can actually take that big wins from you without no stress.

So sometimes is good to cashout halfway than to wait for 100% cashout, because even one game can cut the whole game. So better to endup with little win than not to win at all .
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
The mentality of a gambler is that there are those who are ambitious, there are those who use management because of the power they have. making betting decisions has become a common thing, they can change with bigger bets. Many gamblers feel discouraged by betting small amounts and hope by raising large bets to get big wins from the hope of betting. but all of that could be a trap or great luck for him
In general, going for the high rolls, deserves some timing and calculated thinking, because losses are on top and wins lesser. Gamblers shouldn't fall for the trap of winning with small amount, it's a tactical method that the house use to sweep huge amount of money from gamblers. All the same, the urge to win by wagering huge amount is high for multiple gamblers and could tempt a player to consistently spend a lot.
I think this is like a coin with two faces. The casino is giving you an option to select between the two faces. It is either you wait for the overall result before you cashout or you will have to take the little winning while forfeiting the rest without bothering about the overall outcome. The cashout option has made many gamblers to make little profits avoiding a total loses, while also had been a bug regret to others that choose to cashout without knowing that the overall result will fall to there prediction. This is a test option and we always have to scrutinize every game  we have bet on before taking any silly decisions that will make us lose totally.
This is what cash out is all about, two choices each with their consequences. In some cases, cash out can be seen as a tool to deny the gambler the opportunity to win huge whereas some cases, it is a blessing as it makes the gambler take whatever money being offered and leave. If you place a bet, until the match is settled, you will realize that your emotions will be actively engaged but as soon as you cash out and take profits or whatever you can get, your will see how relaxed you are because your bet is settled. This is how cash out relief the gambler of the burden of having to wait for games to finish when they can simply take their profits and rest. I don't see cash out as a trap because it can be beneficial.
For example, if my money is still in for betting, I will 100% get a bigger win if your consequence is true. Or conversely, we choose to make a profit but not by winning big, only double is better. or I have to choose these two concepts. The gambling business is how to confuse addicts who become indecisive. they have all the systems from the bookie with a 99% chance of winning big. different from us, only 1%, even if you take sides, 99% will definitely lose
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 574
Merit: 297
Trust the process, imbibe consistency
The mentality of a gambler is that there are those who are ambitious, there are those who use management because of the power they have. making betting decisions has become a common thing, they can change with bigger bets. Many gamblers feel discouraged by betting small amounts and hope by raising large bets to get big wins from the hope of betting. but all of that could be a trap or great luck for him
In general, going for the high rolls, deserves some timing and calculated thinking, because losses are on top and wins lesser. Gamblers shouldn't fall for the trap of winning with small amount, it's a tactical method that the house use to sweep huge amount of money from gamblers. All the same, the urge to win by wagering huge amount is high for multiple gamblers and could tempt a player to consistently spend a lot.
I think this is like a coin with two faces. The casino is giving you an option to select between the two faces. It is either you wait for the overall result before you cashout or you will have to take the little winning while forfeiting the rest without bothering about the overall outcome. The cashout option has made many gamblers to make little profits avoiding a total loses, while also had been a bug regret to others that choose to cashout without knowing that the overall result will fall to there prediction. This is a test option and we always have to scrutinize every game  we have bet on before taking any silly decisions that will make us lose totally.
This is what cash out is all about, two choices each with their consequences. In some cases, cash out can be seen as a tool to deny the gambler the opportunity to win huge whereas some cases, it is a blessing as it makes the gambler take whatever money being offered and leave. If you place a bet, until the match is settled, you will realize that your emotions will be actively engaged but as soon as you cash out and take profits or whatever you can get, your will see how relaxed you are because your bet is settled. This is how cash out relief the gambler of the burden of having to wait for games to finish when they can simply take their profits and rest. I don't see cash out as a trap because it can be beneficial.
hero member
Activity: 1246
Merit: 699
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.
sr. member
Activity: 476
Merit: 337
Staking on a low odd and expecting cash out, don't think there's anything the player can get.
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.

Yes, to cut lose if you later realized that the bet was a mistake and likely not to play as predicted but even if you are confident in that bet, that doesn't mean that it will play as predicted, luck could still go against you and you may end up losing the bet. What ever your decision is about a bet, I think you should just allow the game run as long as you are sure you staked with the amount you can afford to lose. For me, most times before I even stake on parlay, especially if it's two tickets, I've already made up my mind that I will accept cash out when the game have run to the middle or almost to the end.
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.
hero member
Activity: 826
Merit: 552
Leading Crypto Sports Betting & Casino Platform
Staking on a low odd and expecting cash out, don't think there's anything the player can get.
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.

Yes, to cut lose if you later realized that the bet was a mistake and likely not to play as predicted but even if you are confident in that bet, that doesn't mean that it will play as predicted, luck could still go against you and you may end up losing the bet. What ever your decision is about a bet, I think you should just allow the game run as long as you are sure you staked with the amount you can afford to lose. For me, most times before I even stake on parlay, especially if it's two tickets, I've already made up my mind that I will accept cash out when the game have run to the middle or almost to the end.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
The mentality of a gambler is that there are those who are ambitious, there are those who use management because of the power they have. making betting decisions has become a common thing, they can change with bigger bets. Many gamblers feel discouraged by betting small amounts and hope by raising large bets to get big wins from the hope of betting. but all of that could be a trap or great luck for him

In general, going for the high rolls, deserves some timing and calculated thinking, because losses are on top and wins lesser. Gamblers shouldn't fall for the trap of winning with small amount, it's a tactical method that the house use to sweep huge amount of money from gamblers. All the same, the urge to win by wagering huge amount is high for multiple gamblers and could tempt a player to consistently spend a lot.
true, but gamblers are very curious about the big betting side by trying several bets. Maybe here there are several options where can lose or gain knowledge from your actions. Gamblers definitely have a lot of flying hours on how to find out the moving system. even though it was very difficult. Gamblers who are out of control don't need to think for a long time about the number of big and small bets because it is very difficult to control them because the more they want to know, the more the bets increase.

the thing is that a good gambler must be centered simply all of the times, its hard to always be correct on the decision making, takes a lot of discipline, effort and inner strenght, definitely not for everyone

gambler who lack emotional control shouldn't be gambling, that is for sure
Gamblers who have difficulty controlling themselves are not a recommendation, because emotional gamblers are very vulnerable mentally. as long as we can control and bet wisely it will be safe and will not be easily destroyed. Because we have management as our main priority, we must be grateful that we are still given a sense of mental security and are not ambitious about betting. As far as gambling is concerned, it is mostly entertainment
sr. member
Activity: 1362
Merit: 258
20BET - Premium Casino & Sportsbook
The mentality of a gambler is that there are those who are ambitious, there are those who use management because of the power they have. making betting decisions has become a common thing, they can change with bigger bets. Many gamblers feel discouraged by betting small amounts and hope by raising large bets to get big wins from the hope of betting. but all of that could be a trap or great luck for him

In general, going for the high rolls, deserves some timing and calculated thinking, because losses are on top and wins lesser. Gamblers shouldn't fall for the trap of winning with small amount, it's a tactical method that the house use to sweep huge amount of money from gamblers. All the same, the urge to win by wagering huge amount is high for multiple gamblers and could tempt a player to consistently spend a lot.

This is a fact and a gambler's victory is not comparable to the defeat he has experienced. If they say that a big victory is just an allusion where they do not count and even pretend to forget that they have experienced a defeat before.
hero member
Activity: 2856
Merit: 667
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.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Staking on a low odd and expecting cash out, don't think there's anything the player can get.
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.
copper member
Activity: 34
Merit: 5
Cash Out is a feature that allows you to lock in a profit or loss before waiting for the event to finish.
It does the math to offer you a value in real time of your current bets based on the live market prices.
Using a single click you can cash out of all bets placed on a single market.


I Hope this helps
hero member
Activity: 2856
Merit: 667
Staking on a low odd and expecting cash out, don't think there's anything the player can get.
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.
hero member
Activity: 2730
Merit: 632
The mentality of a gambler is that there are those who are ambitious, there are those who use management because of the power they have. making betting decisions has become a common thing, they can change with bigger bets. Many gamblers feel discouraged by betting small amounts and hope by raising large bets to get big wins from the hope of betting. but all of that could be a trap or great luck for him

In general, going for the high rolls, deserves some timing and calculated thinking, because losses are on top and wins lesser. Gamblers shouldn't fall for the trap of winning with small amount, it's a tactical method that the house use to sweep huge amount of money from gamblers. All the same, the urge to win by wagering huge amount is high for multiple gamblers and could tempt a player to consistently spend a lot.
true, but gamblers are very curious about the big betting side by trying several bets. Maybe here there are several options where can lose or gain knowledge from your actions. Gamblers definitely have a lot of flying hours on how to find out the moving system. even though it was very difficult. Gamblers who are out of control don't need to think for a long time about the number of big and small bets because it is very difficult to control them because the more they want to know, the more the bets increase.

the thing is that a good gambler must be centered simply all of the times, its hard to always be correct on the decision making, takes a lot of discipline, effort and inner strenght, definitely not for everyone

gambler who lack emotional control shouldn't be gambling, that is for sure
Decision making is something that we do really need but we do know that there are those individuals who are really that neglecting out on making use of their common sense on making decisions just because they've been that getting blinded up with greed on the moment that they do play gambling. We do know that when it comes to gambling then people do really lost up their senses specially  that they are really that in the verge on having that potential big win on which there's really that probability that they will be neither having that early cash out or would really be that trying out to finish up the game. Actually its not really that bad to consider out to finish up the game specially if this do pertains on having that fun and you are already that accepting whether this will be a losing or winning bet as long you can be able to see it until the very end. There are really that still bettors who do have this kind of approach and not everyone will really be focusing into when it comes on making money but we cant deny that everything will be basing up with money on the moment they do involved with gambling on casinos or with betting and since we are talking about early cash out on which this is usually be seen on sports betting then this is really that a good option for you to get out or take profit on the moment that you've seen that there are some probabilities of switching up So therefore it would really be that up to you on how you would be making up that decisions so its a risk that you do need up to take, just like on what i have said that if you are really that prepared whether on a win or lose then it will be that up to you but if you are already that contented on the current winnings on which the cash out option showing then its not bad to consider out on cashing out early and move into the next one.
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