Is the cash-out feature only available in sports bets?

Ojima-ojo

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Quote from: STT on November 05, 2023, 06:45:05 PM

There's live cash out also but its hard to juggle and manage. I believe the cash out only exists as the bet can be resold to others who wish to bet the other direction from how you are selling it. As an intermediary the casino has a profit in enabling that revenue and cash out facility so that's why, other types of betting or low volume bets might not be so easily matched up and settled for both parties.
Cash out is useful to me, sometimes I dont have time to wait and see a game result and I'd rather know I won at that moment. I'm giving away some of my profits basically, its a convenience but its nice as an option.

On thanks everyone, for your responseds and suggestion, i can say that, this thread gave me a lot of insight into what cash out and which games this feature is available and under which conditions and what amount is open to us as gamblers.

Also great to see that one can also have cash out in some in-house games or have resold bets, just like what you mentioned, I appreciate every contribution to this topic and I believe a lot more will be discussed in the future.

Threaisared locked for now.

STT

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There's live cash out also but its hard to juggle and manage. I believe the cash out only exists as the bet can be resold to others who wish to bet the other direction from how you are selling it. As an intermediary the casino has a profit in enabling that revenue and cash out facility so that's why, other types of betting or low volume bets might not be so easily matched up and settled for both parties.
Cash out is useful to me, sometimes I dont have time to wait and see a game result and I'd rather know I won at that moment. I'm giving away some of my profits basically, its a convenience but its nice as an option.

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Quote from: Bananington on November 05, 2023, 06:24:54 PM

Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

This feature has been around for some time now and I would like to know if I can also use cash out on in-house games because I have used this feature a lot in sports and I would like to try it with in-house games too.

The cash out feature is best suited for sports because it suits games that are live and their outcomes very unpredictable in a short time. Any casino may decide to just add these features to any of their games were the cash out option is proper for, but so far I do not know any.

it is not applicable in most casino games as you can just stop your game any time. unlike with sports betting, there are some events that you need to wait for months so if you happen to change your mind, you can still cash out but usually, you can't get the full amount of your bet. also, there is only certain period where cashout button is active.
so it is understandably, you can't find this feature in most casino games. it is also not practical for the casino to offer such feature in their regular games.

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

This feature has been around for some time now and I would like to know if I can also use cash out on in-house games because I have used this feature a lot in sports and I would like to try it with in-house games too.

The cash out feature is best suited for sports because it suits games that are live and their outcomes very unpredictable in a short time. Any casino may decide to just add these features to any of their games were the cash out option is proper for, but so far I do not know any.

Ojima-ojo

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Quote from: Westinhome on November 04, 2023, 03:38:02 PM

Quote from: ryzaadit on November 01, 2023, 10:50:05 AM

House original-games depend on the type game, you can cashout for game like (Mines) meanwhile on other game live-game example like (Blackjack) there has some feature surender or cashout the money you are gonna to get depends on your value hand. Type live-games like (Deal or No Deal) from Evolution Games have a cashout as well, you no need to go all-the-way.

The good gambling sites will help you to cash out after the winning from the all tyhe game.Only some gambling sites will allow you withdrew the funds from the specific game win like you said.But my option is if the gambling site doesn’t allow you to cash out after the win from all the game,then what is the use of the gambling site in your real time use.All the gambler used the real money only use to do the gambling for the additional money from their holding money with their luck.So it’s essential one for the gambler to understand the purpose of the gambling and gambling sites.Only few look the gambling as their entertainment factor,remaining will look for additional dollars from the wining of the game.

Really i havent hard of any casino that offers such service and for that we have to be really surprised to see any casino that offers cashout on all their games, that will be fascinating to see because most of the casino, will only offer gou cashout in soortbets and a few other in house games and that is why some of them that even have the intention of having that feature in their casino will, simply just look away for bow since tgat development is bot really demanding and most gamblers will just rather gamble with their owb deposits, and wait till the end of the games mostly the in house games.

We even have some casinos that doenst even offer that cashout feature at all even in their sports bets some Sometimes They just look away from it because they feel that it will benefit the player more than the casino.

Westinhome

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Quote from: ryzaadit on November 01, 2023, 10:50:05 AM

House original-games depend on the type game, you can cashout for game like (Mines) meanwhile on other game live-game example like (Blackjack) there has some feature surender or cashout the money you are gonna to get depends on your value hand. Type live-games like (Deal or No Deal) from Evolution Games have a cashout as well, you no need to go all-the-way.

The good gambling sites will help you to cash out after the winning from the all tyhe game.Only some gambling sites will allow you withdrew the funds from the specific game win like you said.But my option is if the gambling site doesn’t allow you to cash out after the win from all the game,then what is the use of the gambling site in your real time use.All the gambler used the real money only use to do the gambling for the additional money from their holding money with their luck.So it’s essential one for the gambler to understand the purpose of the gambling and gambling sites.Only few look the gambling as their entertainment factor,remaining will look for additional dollars from the wining of the game.

Vaskiy

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Sports betting have this feature as the odds keep on varying when the match is live. By the time if someone find the estimated payout to be profitable or if someone finds his bet to be losing based on the team performance, he/she can cashout and lower the loss than losing completely after the end result.

Such scenario doesn't happen with the casino games as the outcomes are instant. With games like crash we predict that the crash happens beyond specific number and if we want to get our bet settled before it gets crashed we can go with the cashout feature.

Ojima-ojo

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Quote from: ryzaadit on November 01, 2023, 10:50:05 AM

House original-games depend on the type game, you can cashout for game like (Mines) meanwhile on other game live-game example like (Blackjack) there has some feature surender or cashout the money you are gonna to get depends on your value hand. Type live-games like (Deal or No Deal) from Evolution Games have a cashout as well, you no need to go all-the-way.

Ok when i mean in house games, what i was expecting or having in mind were games like slot or dice, but then I discovered that not all in-house games allow for cashout since some of the games are instant and don't require time to bring up the end results so at that such games may not be able to operate with cash out.

Unlike football matches that require 90 minutes of games play or even more in cases of extra time, so this makes it easy to use such features with those games since there is enough time and activities that change the faith of the final results and as will change what to stand for at some point.

ryzaadit

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House original-games depend on the type game, you can cashout for game like (Mines) meanwhile on other game live-game example like (Blackjack) there has some feature surender or cashout the money you are gonna to get depends on your value hand. Type live-games like (Deal or No Deal) from Evolution Games have a cashout as well, you no need to go all-the-way.

Blitzboy

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The cash-out is mostly used for sports betting, but it can also be used in some in-house casino games. It gives people who bet on sports the chance to take back their bet before the end of an event. When it comes to in-house games, though, things are different. Odds and probabilities are carefully calculated in casinos, and adding a cash-out function could throw the balance off.

But what if casinos did decide to add that feature? It presents a special problem and makes me wonder how it works. What changes would it make to the chance and the way people use it? Is it possible that it will become standard? The idea brings up a lot of options and things to think about that might change how we think about in-house gambling.

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

Hey Good day to you all, so i want to know if the cash-out feature is available with other games aside from sports bets.

Blackjack from evolution gaming offers a cash out now just like the sports betting cash out feature. I’m not sure if this even possible on house game that typically gives an instant result except for crash game that has built-in cash out button since that’s the only way to get out on this type of game.

In slot games, There’s some game that allows you to cash out in case you are on special bonus round that gives you a chance to double your reward or just take profit. Cash out is indeed useful to minimize loss and take profit before your greed kicks in. I’m always using this feature on blackjack whenever I have bad hands while I stake significant amount of bet.

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Quote from: ralle14 on October 31, 2023, 08:07:51 PM

Aside from Stake's mines game, you can also find the cashout feature in their hilo and crash games. The others already mentioned the main reason why most casinos don't use it in their games and it's due to the way these games work. It's unnecessary, and most games don't have an in-between point similar to a crash game where you can cash out during the process.

As far as I know, the cash-out feature is only available in sports betting and not available in other gambling games. If you want to withdraw the profits, you need to press the withdrawal link and determine the amount of money you want to withdraw. Even though in Stake, there is a HiLo game, it is different from the cash out in sports betting because in the HiLo game, when someone presses the Cashout button, he will stop the game round. He will start a new round again, where he has to place his bet. But for sports betting, even if we press the Cashout button, it won't stop the match, likewise with the Crash game. But I don't know, perhaps I'm wrong on this, so I apologize.

ralle14

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Aside from Stake's mines game, you can also find the cashout feature in their hilo and crash games. The others already mentioned the main reason why most casinos don't use it in their games and it's due to the way these games work. It's unnecessary, and most games don't have an in-between point similar to a crash game where you can cash out during the process.

Ojima-ojo

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Quote from: TimeTeller on October 30, 2023, 05:06:23 PM

This is why for me, you can mostly see the cash-out feature in sportsbetting particularly those events that are still far from the playdate.
For other casino games, there's no need for this feature as you can just stop whenever you want to.
As you said, you will only waste the time or resources of the site if they will employ this feature in their regular casino games.

The problem with using such action like quitting the games is not really cashout is the reall sesnes, because using fhs formula you mention can only save your next bet but doesn't give you the profits to your current game session, so this feature should be best known as cut lose feature and not a cashout, since cash out is all about the profits since the match is already being played and odds are already going in your favour, that the most appropriate time to take such profits in cashout.

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Quote from: bittraffic on October 30, 2023, 03:43:21 PM

In poker, you can fold your card. That's kind of saving your money but you won't get a percentage back of them.

It doesn't make sense to add a cash-out feature in the in-house games, these are just win-or-lose games you can't just rethink and cancel your bet over dice or baccarat. You are wasting the time of the dealer/house in that case. If they can stomp your head online for doing it, they will.

This is why for me, you can mostly see the cash-out feature in sportsbetting particularly those events that are still far from the playdate.
For other casino games, there's no need for this feature as you can just stop whenever you want to.
As you said, you will only waste the time or resources of the site if they will employ this feature in their regular casino games.

bittraffic

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In poker, you can fold your card. That's kind of saving your money but you won't get a percentage back of them.

It doesn't make sense to add a cash-out feature in the in-house games, these are just win-or-lose games you can't just rethink and cancel your bet over dice or baccarat. You are wasting the time of the dealer/house in that case. If they can stomp your head online for doing it, they will.

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Quote from: Dunamisx on October 28, 2023, 04:55:54 PM

Quote from: letteredhub on October 28, 2023, 02:43:42 PM

In my opinion using a cash out feature in in-house games can make the process disruptive and disorganized as a result of the shortest instant time these games are programmed to function. Like how do you do a cash out in a game of 2-3 minutes, you won't equally enjoy the game. Anyone that's interested in cash out should go for sports bet we can't have all we want in one piece that's how we just can't have a particular feature in all gambling games.

There's nothing disruptive here, it's either a particular game we are playing support that future or not, if they don't support such, then there's nothing we can do to make use of this feature, why many gamblers do make use of these is because it's very common with sport bettors they do such whenever they feels uncertainty about a particular game outcomes, they cash out to avoid lost on such game and the winning rate also decreases because the risk involved is reduced as well.

Quite alright if you say there's nothing disruptive in that, but how do you enjoy or get to consider about uncertainty in a game programmed to function within 3mins only can you compared that to sports where we have football that is played for 90 mins for God sake you have all the time to consider uncertainty that's why it works perfectly with sports bets because the time is enough to decide about a cash out, not for in house games with shortest time limits it will be disruptive I repeat.

Ojima-ojo

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Quote from: bitbollo on October 28, 2023, 09:04:57 PM

if I remember correctly stake.com offers this possibility in its mine game.
obviously, this feature it cannot be implemented in games like dice or roulette blackjack and so on since these are "only one shot" games...

Oh great to hear that stake.com is one of the casinos that offers such features for their clients in this light and that is a big significant levelling up for the site at this moment for sure we have to be appreciative of such development, and just as mentioned in few replies above, I hard the first response on the possibility of having cash out ability on in house games, and until this comment that stated the site that offers that features.

Stake as one of the leading casinos that we have around is sure a good place to try out this feature on in-house games and I am surely going to try playing the game you mentioned to see how it works.

bitbollo

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if I remember correctly stake.com offers this possibility in its mine game.
obviously this feature it cannot be implemented in games like dice or roulette blackjack and so on since these are "only one shot" games...

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

Hey Good day to you all, so i want to know if the cash-out feature is available with other games aside from sports bets.

What prompted me to ask is:

I have been gambling for some time, and I have gone far to a certain level that I know some of the features that are most appropriate for me to have fun and spend my time in the casino, ranging from in-house games to sorting books, but then I have managed to discover one very important feature that I think I will like to use while playing in house games, that feature is the cash-out feature.

This feature has been around for some time now and I would like to know if I can also use cash out on in-house games because I have used this feature a lot in sports and I would like to try it with in-house games too.

Technically speaking, the cashout feature is only available on sports betting.

I can't see a way to integrate the cashout feature in casino games, and it doesn't need to where in fact, you can just cashout simply anytime you want there as long as you are eligible to withdraw or reach the minimum amount. Aside from that don't get the idea that the cashout feature in sports betting is a real deal.

The cashout feature is still gambling as you need to decide whether to continue or not. It's tempting the bettors to cash out the money or not but if you are in the situation it's not an easy decision to make because you have a big chance to fully win that game and take home money better than the cashout money being offered.

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Quote from: yahoo62278 on October 28, 2023, 05:04:38 PM

On evolution blackjack you can cash out your bet on a hand if you do it before busting. Always going to lose money but it's basically surrendering. The amount offered depends on your hand vs what the dealer is showing. If you have 18 and the dealer is showing a 10 card, they will offer you close to breaking even on your bet, but if you have say 14 vs dealer 10 they'll offer you somewhere near half your bet amount.

This a great response in the best direction giving the varius analysis of how much one stand to get at various stage if cashing out through those in-house games you mentioned, against the various response from users here who rather give a clear no answer to this sensitive question.

If not until now that your reply educated me on the cash-out availability with those games mentioned I never knew there be an existence of such a feature in botBlackjackck and Evolution games.

yahoo62278

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On evolution blackjack you can cash out your bet on a hand if you do it before busting. Always going to lose money but it's basically surrendering. The amount offered depends on your hand vs what the dealer is showing. If you have 18 and the dealer is showing a 10 card, they will offer you close to break even on your bet, but if you have say 14 vs dealer 10 they'll offer you somewhere near half your bet amount.

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Quote from: letteredhub on October 28, 2023, 02:43:42 PM

In my opinion using a cash out feature in in-house games can make the process disruptive and disorganized as a result of the shortest instant time these games are programmed to function. Like how do you do a cash out in a game of 2-3 minutes, you won't equally enjoy the game. Anyone that's interested in cash out should go for sports bet we can't have all we want in one piece that's how we just can't have a particular feature in all gambling games.

There's nothing disruptive here, it's either a particular game we are playing support that future or not, if they don't support such, then there's nothing we can do to make use of this feature, why many gamblers do make use of these is because it's very common with sport bettors they do such whenever they feels uncertainty about a particular game outcomes, they cash out to avoid lost on such game and the winning rate also decreases because the risk involved is reduced as well.

letteredhub

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In my opinion using a cash out feature in in-house games can make the process disruptive and disorganized as a result of the shortest instant time these games are programmed to function. Like how do you do a cash out in a game of 2-3 minutes, you won't equally enjoy the game. Anyone that's interested in cash out should go for sports bet we can't have all we want in one piece that's how we just can't have a particular feature in all gambling games.

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Quote from: panjul07 on October 25, 2023, 08:55:34 AM

ALAS the only game except sports bet with cash out feature is a crash game.
How it works cant be said as the same in sports bet but there is cash out feature in crash game, it is used to stop your game before the game crashed.
Lets say you play manually and you set a 100x as the target, the game is running well and when it comes to 50x or more, you feel that it wont reach 100x then you can do cash out.

I was about to say this but thanks for doing it for me

. Obviously, Crash game is not the same as Sports betting but if you mean about the cash-out feature, it might have a different design or positioning, but in the end it was still a cash-out feature. We don't know what comes ahead in a crash game, or sports betting.

Maybe we can win so if we continue we can earn a little better. If not, we can regret it. So, it's also better to secure our money because that was already sure. Other than Crash, Mine's game also has this feature. The rest of the in-house/casino games may not have that cash-out button but you can always stop if you don't want to play anymore.

Ojima-ojo

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Quote from: _act_ on October 25, 2023, 11:10:16 AM

Quote from: Jawhead999 on October 25, 2023, 09:08:45 AM

Each game has it's own system and different way how to play, it's not something can be used to compare. Having cash out feature in every games would be wasting time because we need to wait for a moment in order to confirm we're sure to make a bet.

This is not even possible in casinos at all, games are placed and in some seconds the result are known and cashout can not be possible with such games unlike in sport. In casinos, games can not be placed in a way that it will remain hours before the game will start, the game start in less than 10 seconds and ends fast. I am surprised that OP is thinking that cash out would be possible in casino games, probably he has not visited casinos very well to see how their games are.

Nice to know the none possible existence of such a feature in the in-house games, since the timing for those games is instant unlike the football and other sports that have a time frame to fully play out the games which gives the bettor the chance to take in the cash out available within that time of game plays.

This should be a point to note because some of the sports bet lovers sometimes miss this feature at while waiting for the 90+ minutes to play out which may lead them to lose the entire match.

_act_

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Quote from: Jawhead999 on October 25, 2023, 09:08:45 AM

Each game has it's own system and different way how to play, it's not something can be used to compare. Having cash out feature in every games would be wasting time because we need to wait for a moment in order to confirm we're sure to make a bet.

This is not even possible in casinos at all, games are placed and in some seconds the result are known and cashout can not be possible with such games unlike in sport. In casinos, games can not be placed in a way that it will remain hours before the game will start, the game start in less than 10 seconds and ended fast. I am surprised that OP is thinking that cash out would be possible in casino games, probably he has not visited casinos very well to see how their games are.

Jawhead999

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It's really not make sense if you think slots has cash-out feature lol, similar to can we hit jackpot in sports bets?

Each game has it's own system and different way how to play, it's not something can be used to compare. Having cash out feature in every games would be wasting time because we need to wait for a moment in order to confirm we're sure to make a bet.

panjul07

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ALAS the only game except sports bet with cash out feature is a crash game.
How it works cant be said as the same in sports bet but there is cash out feature in crash game, it is used to stop your game before the game crashed.
Lets say you play manually and you set a 100x as the target, the game is running well and when it comes to 50x or more, you feel that it wont reach 100x then you can do cash out.

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In house games are with instant result so why do you need a cash out feature there,you have full control in such games and not only them but including other fast games like slot machines,dice,roulette plus all other related type of games.That is why most casinos offer the cash out feature only for sport bets most of the time as people may place a bet that span a complete week for example,they can bet a ticket starting today for example at 25th October and place games that end 31 October,this means that in the middle of the games for example the person wants to stop such bet and cash out and that is why this feature was implemented in the first place.

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

that feature is the cash-out feature.

As far as I know, the Cashout feature is only used and obtained for sports betting, it is often encountered by those who like to bet on sports, especially football, because the Cashout feature can only be used before a match or in progress or something else called, namely in the form of Multi and Single bets, especially in football matches.

As an example of what I know about the Bets Cash Out option working.

Quote

In a match between, say, Real and Juventus, you bet $100 on Juventus winning, odds @ 2.50. So, your goal is to win a sum of $250. In the first part, the result was 0:1 in favor of Juventus.
The software offers the option to 'Cash Out' $180 and close your bet as a winner. At this point, you can accept the offer and win $80. No need to get further involved with the game.

Or, you can leave your bet open, to win the full amount ($250) if Juventus wins the match.

In the same game, if Real wins 1-0 in the first half, your chances of winning will be smaller.

The software can give you a $30 offer to cover your bet. This gives you the opportunity to not lose all your money ($100).

This means that the purpose of the Cash Out Feature is for those who don't want to risk losses and secure money if the match doesn't match expectations, but for me I rarely use this feature.

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Quote from: Ojima-ojo on October 25, 2023, 07:59:27 AM

I was just wondering about the likelihood of that happening in any circumstance with in-house games of any nature, like in-house tennis games or any other in-house games that require rounds and time allocation that could possibly free that space for such actions to take place.

Your curiosity is understandable and like you have made instance of tennis games that has rounds to wait for before a turn or since they have it organized as tournament like you also have in soccer. Well I can't say except the tournament is played like real game and not in house casino organized games because I know casino games start almost immediately you activate your bet and no room for cash out. Regards to tennis or basketball, it has cash out depending on the gambling company if they decide to remove the option.

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Quote from: Oshosondy on October 25, 2023, 04:21:20 AM

Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

Hey Good day to you all, so I want to know if the cash-out feature is available with other games aside from sports bets.

In casinos, games are usually very fast, unlike the days or hours that would be required before a match would be started, but which you might have decided to cash out, or the in-play that will take many minutes which you can decide to cash out.

That is true since there be no time allotment to house games and most are instant and seen it become almost impossible for such feature like like cashout to be implemented in such games since their result is almost instant.

I was just wondering about the likelihood of that happening in any circumstance with in-house games of any nature, like in-house tennis games or any other in-house games that require rounds and time allocation that could possibly free that space for such actions to take place.

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

This feature has been around for some time now and I would like to know if I can also use cash out on in-house games because I have used this feature a lot in sports and I would like to try it with in-house games too.

You cannot use the cash out feature on a game where get you get the result of your bet almost instantly as you click the bet button, like i know with most casino in house games, including slot games as well, it is absolutely impossible to use or for the casino to implement such feature as "cash out" into slot and casino in house games because, just as i have said before, this types of games gives you the gambler, instant result of your bet, unlike sports betting which allows an ample of time for the sports being played to come to an end so that the result can be determined.

During those time you have to wait, the casino offers the player the opportunity to cash out just in case they wish not to go on with the game anymore, unfortunately, casino in house games, as well as slot games does not offer players such time, so the opportunity of cash out is not possible.

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OP, cash outs can only occur in games that can run for a number of days, weeks, or even months, and I think sports games and fixtures are the only games I know to run for as long as weeks or months. If there are any other fixture games that can run for days or weeks, you can probably expect cash out from them, but if there aren't, then cash out is not possible.

Someone won about $3850 just yesterday, and it was in sports (football). According to him, it was 22 matches, and the games have been running for 2 weeks, so the night before yesterday was when they played the last match, and before the last match started, he was already having a cash out of almost $2k, but he refused to cash out, and luckily he won. My point here is that only sports can run for days and weeks, and that's why cash outs are usually available, but since other games happen so fast and on the same days, it's very impossible to have cash outs.

Oshosondy

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Quote from: Ojima-ojo on October 25, 2023, 04:03:18 AM

Hey Good day to you all, so i want to know if the cash-out feature is available with other games aside from sports bets.

In casinos, games are usually very fast, unlike the days or hours that would be required before a match would be started, but which you might have decided to cash out, or the in-play that will take many minutes which you can decide to cashout.

Because of how sports are, that is why there is cashout, but which is not possible on casinos. On casinos, I have not seeing cashout before and I do not think it would be there because it is not needed.

If you gamble in both casinos and bookies, you will clearly understand why cashout is not needed in casinos because of how fast their games is with single outcome.

Ojima-ojo

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Hey Good day to you all, so i want to know if the cash-out feature is available with other games aside from sports bets.

What prompted me to ask is:

I have been gambling for some time, and I have gone far to a certain level that I know some of the features that are most appropriate for me to have fun and spend my time in the casino, ranging from in-house games to sorting books, but then I have managed to discover one very important feature that I think I will like to use while playing in house games, that feature is the cash-out feature.

This feature has been around for some time now and I would like to know if I can also use cash out on in-house games because I have used this feature a lot in sports and I would like to try it with in-house games too.

Topic: Is the cash-out feature only available in sports bets? (Read 397 times)