Quote
Re: is cash out really beneficial or just a trap?
I don't agree that it's considered a trap, but this feature can make you doubt your own choices. 
Topic: is cash out really beneficial or just a trap? - page 7. (Read 2222 times)
Each feature has its own advantages and disadvantages, but I think it is one that is useful for some gamblers. The bookie offers the gambler to secure his winnings, but they also know that not all gamblers agree to the offer and they reject it. The feature is just a nice option, but I wouldn't be willing to accept it if I was confident in the end result on my first choice.
It’s a valid point about the cash out feature, since it can indeed be both good and a source of second guessing. When I used to gamble I relied on cashing out in certain situations after carefully analyzing the match is in my side but not longer. For me, it wasn’t about being tempted but about making calculated decisions based on how the game wasnt as I thought.
Now most or all Bookmakers and Casinos has the cash out feature, so I believe it isn’t a trap if you use it wisely. It’s a tool to minimize risk or lock in profits especially, when you sense the game might turn against your bet. For example, if a team you set a bet on it is winning but struggling to maintain the good gameplay or is getting dominated by the other side, cashing out can be a smart move to secure profit rather than risking it all.
Yes, it can be also tricky to look back and say, I could have won more, but gambling isn’t about chasing every cent, it’s about making right choices that goes with your comfort level and strategy. The stress comes when we act impulsively without considering the context.
While I no longer bet, I can confidently say the cashout option when used in the right way, them it’s not a trap.
Now most or all Bookmakers and Casinos has the cash out feature, so I believe it isn’t a trap if you use it wisely. It’s a tool to minimize risk or lock in profits especially, when you sense the game might turn against your bet. For example, if a team you set a bet on it is winning but struggling to maintain the good gameplay or is getting dominated by the other side, cashing out can be a smart move to secure profit rather than risking it all.
Yes, it can be also tricky to look back and say, I could have won more, but gambling isn’t about chasing every cent, it’s about making right choices that goes with your comfort level and strategy. The stress comes when we act impulsively without considering the context.
While I no longer bet, I can confidently say the cashout option when used in the right way, them it’s not a trap.
Or does it just add stress, (...)
This is just math for bookies and if it stresses you, you can always ignore it and never take such deals.
That is why I like of the current state of the gambling and betting industry, one has more control over one's exposure to risk and one can choose how risky wish to get in order to get a good multiplier. The option to cashout may not be the favorite of most bettors out there, but it is an additional option for those who like to bet more strategically and not to go all-or-nothing all the time.
Besides, it is probable there have been more bettors who have benefited by having the cash-out option than those who choose to ignore it all together.
Also, there is an abundance on stories of bettors who do too greedy and instead using the cashout option to get an already good multiplier and pocket several thousands of dollars decided to go for all-or-nothing, regretting their choice after just some minutes later.
Cash out is always beneficial because sometimes it make a gambler not to loss entirely but to get back at least staking Power or getting little profit out of what would have gone or losing huge profit at the end if the game finally plays all I think is good for people that loves it people choose to do what they want to do as for me instead of cashing out I allow the game to play all if I win I win if I loss I loss also instead of cashing out little profit at end losing huge profit.
Gambling is not something one should be winning little amount I like when I win and when I win I like it to be huge though I try to always stake with the amount i can afford to loss since gambling is not my source of income.
Gambling is not something one should be winning little amount I like when I win and when I win I like it to be huge though I try to always stake with the amount i can afford to loss since gambling is not my source of income.
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.
For quite some time now I have been in that situation of cashing out even when at lost and the game will end up playing in my direction though I don't feel much bad because before taken such action I already knew it has consequences of which I was ready to bear, impatient can be bad sometimes yeah and I quite agree with you but that is part of the fun and when we lost we go again but with an amount we can afford to lose, two things are always involve in cashing out which is cashing out and the game ends playing in your direction and cashing and the game ends up not playing in your direction, be bold enough to take any of those decisions on your own so as not to blame anyone.
Or does it just add stress, (...)
This is just math for bookies and if it stresses you, you can always ignore it and never take such deals.
The bookie sees you were lucky in a streak and there's 1 game left, so to them you're like 80% of the bet in and got just last 20% to go, so if they offer you 50% of the win, they're statistically getting a better deal out of it, while you might be tempted to take some money and leave. Usually for the player it's actually a better deal and the casino is happy with it, so if there's a lot of money on the line, I'd take it. On the other hand, I usually bet $20 or something like that and don't care if I lose it, so I play until the end.
There is no trap in cashing out because you are only going to be given an opportunity to change your mind and avoid losing the bet you made, if you think of changing your mind indeed towards the right state of a particular game at hand, there is nothing serving a trap in this, we have to also understand that there are ways in which we also put our self on trap through the way we are gambling.
Also, there is more of the beneficial aspect of these than how its of a disadvantage on us, if we mostly see it as what gives us privilege from losing a bet, just because of a simple unavoidable mistake, but many will see this cashing out as a rescue to that from happening, after all, its not by force for us all to make use of the option to cash out except we have the conviction to do so.
Maybe the trap he is talking about is just the contemplation of whether to cash out or not and sometimes, people do cash out and the bet end up clearing all the events. Cash out is a good feature that gambling sites introduced and it has really helped reduce many losses in gambling since you can have the opportunity of taking part of your potential winnings even if the bet is going against your prediction. It is just a situation of choosing between not being greedy and take a little amount and allowing it to run through all the events you selected. The cash out feature made winning in gambling become more real than waiting to get the whole amount and end up losing all. There are those who don't make use of the cash out features, it depends on their personal conviction and how they can be able to handle their emotions if they end up losing everything. Also, there is more of the beneficial aspect of these than how its of a disadvantage on us, if we mostly see it as what gives us privilege from losing a bet, just because of a simple unavoidable mistake, but many will see this cashing out as a rescue to that from happening, after all, its not by force for us all to make use of the option to cash out except we have the conviction to do so.
~
In my view the cash out opt adds extra jumpiness to the betting affair thus I would oppose to use it myself. However, some sport bettors with the feeble nerves have actively utilize cash out more than often to guard themselves from the uncertainty which presents in fact in every sporting event take for instance the recent fight between Fury and Usyk , thus, the relevant sportsbooks consider it as viable option.
Have you ever had any experience where a sport book gave your the cash out option before the end of a game and then you turned it down because you were sure that it would come out as you predicted but at the end of the game the results were not what you expected? Have you had such experience before? And what was your reaction after that game? Was there any sign of regret?
The reason I asked is because I have utilized the Cash out option when I still had a running ticket and sometimes everything enters while other times some usually cut the ticket which would have led to a loss. Before I use it I tend to weigh between what I stand to gain if I wait and what I’ll be risking if I ignore the cashout option, haven’t you ever done this?
Cash out is the best option as long as the profit is worth is because in this way you can avoid the big odds traps. I'm saying this because there are "traps" in high odds and an example was last night in NBA where Atlanta Hawks managed a HUGE comeback in Q4 against Bulls and the odds where around 14~ when the comeback happened. I had a bet on that game and fortunately for me I was lucky enough to win my 2odds ticket on Hawks but if I had a ticket on Bulls I would have cashout at under 1.10 odds for sure. 
There is no trap in cashing out because you are only going to be given an opportunity to change your mind and avoid losing the bet you made, if you think of changing your mind indeed towards the right state of a particular game at hand, there is nothing serving a trap in this, we have to also understand that there are ways in which we also put our self on trap through the way we are gambling.
Also, there is more of the beneficial aspect of these than how its of a disadvantage on us, if we mostly see it as what gives us privilege from losing a bet, just because of a simple unavoidable mistake, but many will see this cashing out as a rescue to that from happening, after all, its not by force for us all to make use of the option to cash out except we have the conviction to do so.
Also, there is more of the beneficial aspect of these than how its of a disadvantage on us, if we mostly see it as what gives us privilege from losing a bet, just because of a simple unavoidable mistake, but many will see this cashing out as a rescue to that from happening, after all, its not by force for us all to make use of the option to cash out except we have the conviction to do so.
In my opinion, cash out is always beneficial rather than a trap because if you already win or say you win then a cash out is the best way in my opinion. maybe there is a chance if you are not cashout you gonna win more or win big but hey when you think enough then why should chase more and drown in greedy emotion right?
So the conclusion is cash out hahah
Being tempted is where they want to win big until the game is over and skip the cashout even though it's the best way to avoid having bad luck.So the conclusion is cash out hahah
I guess everyone has a different gut feeling, but if you ask me, cashout is better because it's equally beneficial.
There was a thread here where he didn't cash out, but he ended up failing to get the winnings because the last match lost or the prediction was incorrect.
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.
Cash out is a two way thing sincerely speaking because you can also end up wishing you were not too scared to quickly cash out. Imagine a game where you placed a bet for home team to score above 2 goals and the odd is 3.5 meaning assuming you stake $200 your cash out should be roughly $750 and assuming during the soccer game away team scores 2 goals during first half and home team with just 1 goal at 75mins already and then you are given the option to cash out $35 or less as the case may be.Say you cashed out and the game ends 3 - 2 how would you feel . On the other hand you would be lucky to have cashed out if the game later ended 2 - 2 or even 1 - 2.
That depend on what people think because if they think that cash out their money from the bet can help them to prevents the lose, they will make a profit and they can place for the next bet. It is not a trap for those who can use it properly but they must think that it is better to take the win and cash out when they have that chance.
No one will force them to wait until the match is ends so they must realize that they can cash out anytime they want.
I'm sure many would agree with you just as many would also disagree. Gambling decisions are based on individual goals, what works for one may not work for another so I will not engage in an argument with you on this topic because to some you're right and to some, you're not. No one will force them to wait until the match is ends so they must realize that they can cash out anytime they want.
In my opinion, cash out is always beneficial rather than a trap because if you already win or say you win then a cash out is the best way in my opinion. maybe there is a chance if you are not cashout you gonna win more or win big but hey when you think enough then why should chase more and drown in greedy emotion right?
So the conclusion is cash out hahah
Totally beneficial if you do really know on how to make use of it because this kind of feature will really be giving out at least that opportunity to secure profits rather than on losing it all after you had decided to finish it out. It will really be just that basing out on how you will be handling up yourself on such situation because each one of us will really be having decisions on how they will be making up whether they do cash out early or they would push through because they are confident with their bet. So it will really be that situational into this aspect because not all will really be having this kind of decision so this will really be that situation and i dont see this as a trap but rather a good feature on which it does give out that chance to make someone at least do able to decide to cash out early if they've seen some potential losing momentum. So the conclusion is cash out hahah
~
In my view the cash out opt adds extra jumpiness to the betting affair thus I would oppose to use it myself. However, some sport bettors with the feeble nerves have actively utilize cash out more than often to guard themselves from the uncertainty which presents in fact in every sporting event take for instance the recent fight between Fury and Usyk , thus, the relevant sportsbooks consider it as viable option.
In my opinion, cash out is always beneficial rather than a trap because if you already win or say you win then a cash out is the best way in my opinion. maybe there is a chance if you are not cashout you gonna win more or win big but hey when you think enough then why should chase more and drown in greedy emotion right?
So the conclusion is cash out hahah
So the conclusion is cash out hahah
Cash out is really beneficial to a gambler as it will strengthen your gambling control system. A cash out is done when a gambler winnings are inside the profit. Also if you forget about cash out and just gamble then you will never see the amount of profit. These regretful thoughts should not cross your mind when you profit. If you re-bet without cashing out part of the profit, there may be regrettable feedback. If you forget to cash out it means you have lost the opportunity to make profit and also lost a huge part of your share.
What I understand is that it has both negative and positive aspects. Because when a gambler is on the verge of losing in gambling, many cannot control their emotions due to which they lose their money, while some can end their bet with profit. Only those who can stick to a bet until the bet is over will benefit. Without cashing out option, many people would not be able to withdraw their bet money, which would certainly be a harmful for them.Although the cash out option is effective for some, it may not be good for many because some gamblers may feel that this feature is a bigger challenge for them, especially in terms of mental strength. Personally, I have lost a lot by getting such advantage.
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?
Sportsbook started the development of a cashback system in 2008 but it became very popular and active in 2015. Overall, the cashback system isn't designed to benefit you, it brings more benefits to the sportsbook. Imagine that you created a sportsbook ticket with 100x odds, you have 10 games in your ticket and only 9 of them have won, another 1 game is the upcoming game. If the last game wins, you will win $100 with 1 dollar but if it loses, you lose everything. Here are the risks for both of you, sportsbook either loses $100 or you lose $100. So, the sportsbook offers you a cash-out and tells you, if you cash out now, I'll pay you $15 instead of $100 and if the last game loses, don't care about that. In this case, the sportsbook saved itself $85 that it had to pay if you were to win. This is risky and rewarding for both sides, sportsbooks always try to have things in their favour instead of you mathematically. 
Cash out is really beneficial to a gambler as it will strengthen your gambling control system.
Honestly, no. Why link that to control? If you’re a disciplined gambler, you’d always stick to the strategy you set from the beginning.
If you’re watching the game and feeling uncertain about the result, but the cash-out option tempts you because it guarantees a win, that doesn’t strengthen your control. In fact, it’s the opposite, it shows weakness because you gave in to temptation instead of trusting your strategy.
But sometimes what we think working strategy doesn't work out so well when we used it and somehow if we are winning enough money from our past bets I guess its enough to cash out to secure our winnings and never get tempted to bet again then lose since for sure that we provably regret those wrong decisions to continue. I find it being a greedy if you didn't hit up the cash out feature if you aim to win more.
Somehow you are right with things you have said here, but there are times that everything is not favorable to us even if we are familiar with the game that's why we also need to be smart to know on when to end our betting session so that we can get out winning and not get disappointed for regretting that we lose everything we have.
Cash out is really beneficial to a gambler as it will strengthen your gambling control system.
Honestly, no. Why link that to control? If you’re a disciplined gambler, you’d always stick to the strategy you set from the beginning.
If you’re watching the game and feeling uncertain about the result, but the cash-out option tempts you because it guarantees a win, that doesn’t strengthen your control. In fact, it’s the opposite, it shows weakness because you gave in to temptation instead of trusting your strategy.
Jump to: