Topic: Sports betting and cashing out early..discussion on house rules - page 2. (Read 438 times)

The casino will adjust the odd when something happen in the match. I often see this when I want to place a bet and make me to adjust the odd. Maybe that happen in some casino and if you really want to find out, you must check one by one to know more. I

But in that scenario, I think cashing out will be better before the situation change so we will not have a chance to take the money. You need to be wise with the current situation so you can still take benefit from that and withdraw the money if that can reach the minimal payment on the casino.

In live bet, any factors that make the team become favorite will affect the odds when the team lost one or more factor(s).

If the favorite player benched or received red card, I'm sure the odds will be adjusted since losing a favorite player especially in the beginning. There were few case where the underdog team can beat the favorite team just because the favorite team lose one player, but the impact is really big.

In cases like this, if the strong team has a player that sustain injury, replaced or lose a point, definitely some bookies will adjust the odd of the team and it will also reduce the cash out amount.
I usually stake on accumulator of 10 - 15 games or more and after the first games have successfully played, I might see a high amount of cash out but if the other match is played and maybe in that game more than one players sustain injury, the odd for their next game reduce and the cash out shrinks too.

Not up for this debate, because only those who don't know gambling won't know that odds changes over time, even before a match ends or before starting the match, odds are constantly changing, online betting have make things more easier for gamblers now, when you are in a good position you need to avoid greed, most times my favourite picks would have turned bloody but I secure the profit before the match ends, fee times it went well but I don't care, gambling is too risky to have some crazy confidence on.

That is true for esports, when there have been a losing team that's obviously about ending the game, they're giving that losing team good odds. Sometimes, I spot into those games and they're really rewarding when you're a risk taker. And that's the reason if you know what you are betting to, you have to trust your guts and believe the analysis that you're doing with them. Come backs are very normal in esports but it's a different thing with the traditional sports although it also happens but it's very common if it's with the games in esports that we're gambling with.

During my younger days, I was almost on to that. Whether professional or just regular gambler, the opportunities in esports are way better than the younger generation.

If it's live betting then yeah, definitely. Especially if it was a player change, that's like one of the key aspects to consider during a match, not to mention we're talking about their supposedly best player here. Though to be fair the opposite could also happen and odds would still change. E.g. the worst performing player got kicked out cause, well, he's performing bad. Pulling him out 100% changes the odds, might depend on who gets swapped out though.

Also again, cashing out depends on your stance (and whoever actually replaced the player).

In as much as it's the best team against the mediocre team that's in a point or two goals ahead then a removal of one single player due to injury to be replaced by another won't have an significant course on the odds.

The sportbook will only have to adjust the odds size increasing it and probably fluctuating the cash out on and off only when the a player in the winning team in the game is sent out through a red card and that one man short now gives some advantage to their opponent which will now assume the pressing role while the winning team falls back to defensiveness to protect their points.

Subsequently, assuming it's the mediocre team that's leading with a goal or two and their key player got replaced out of injury then the odd is bound to change quickly since the key man is no available and there seems not to be any significant threat from them against the elite side.

The reaction timings of the live odds from each bookie are noticeable enough. I sometimes try to follow a live feed of a specific match and they'd post the live odds from 4-5 bookies from start to finish.

Unfortunately, they're one step ahead, and even if they update their odds slower than the other bookies they still have a safety layer through the bet acceptance and add a 3-5 second delay before our bet goes through.

I'm not really sure about this. but what I experienced was that the Cash Out amount would not change when the remaining match time gap had a fairly long time difference. like 1 full day. the change in the Cash Out amount seemed to occur when the line up of players from both teams began to be officially published. that was a few hours before the match started.
As I said, I'm not really sure because each bookmaker might have a different system for managing the Cash Out amount given based on the chances of each team. but I experienced this.

This is interesting and one that many sports bettors may be wondering about. In most sportsbooks or online casinos that offer live betting. Withdrawal options are usually not predetermined. But it will be a movement based on live betting. This can change quickly during a game, so if a team's star player is injured during a game and the intended outcome changes, Financial disclosures are likely to be adjusted almost immediately to reflect the new reality.

Most of the modern sportsbooks use very complex algorithms that change their odds and offers in real time. Consider your example. So when the best player of a given team is injured by point or two, then the odds will begin to tilt in favor of bad team and money spent there's a value to it because it goes down as well. It is a constantly changing environment. Thus, what one feels before an injury might be miles away from how they feel right after. Withdrawal strategies can be a lifesaver for a bettor in such situations. This is because it allows you to lock in some profits or minimize losses if things go wrong. suddenly get worse It is a tool that helps bettors place their bets. But the casino also wins because it allows for the possibility of betting throughout the game. Even when the tide turns all of a sudden. The only difference might be how fast the sportsbooks adapt to such changes. Bigger or more tech-savvy sportsbooks will innovate fast while smaller sportsbooks will take their time. However, by and large Changes to the withdrawal plan happen pretty fast.





That's wonderful, and I have experienced pretty much the same thing with sports betting too. Bookies treat live bets differently on some bookies. Especially when the name of the sport or football has been put. Sometimes sportsbooks will allow live betting through most matches but as you said "There are many cases where they will be closed quickly." Especially when I say the team is in losing mode.

One thing that is noticeable in esports betting is that the hype can happen quickly. This is often faster than in traditional sports, in games like League of Legends or Counter-Strike. One well-executed play or moment can turn the whole game around. This uncertainty makes the withdrawal option more valuable. This is because you may want to lock in profits while you still can. If you bet on a team that looks like it will lose. But you saw that they were able to come back and bet live at that time, like say what you did. It might be a good strategy. Especially if you know how that team plays under pressure. It also makes me wonder how bookies decide when to turn off the withdrawal option during live shows. I think it depends on the platform. Difficulty of the competition and odds that are boosted in real time. Esports is still relatively new to the gambling industry. So there may be a gap in bookstores compared to traditional sports. Is anyone else here trying to make money competing in esports? I would like to know if experiences are shared on different platforms.



Yeah, really interesting. I agree with the live betting odds are an overall state of the game rather than the situation of the individual player. In my experience, Profit margins can go a little bit higher when something completely unexpected occurs like when the key player is red or injured. Unless that's very visibly followed by a noticeable change in power on the scoreboard and then or throughout the game process it wouldn't all suddenly rise.

The interesting thing about live betting is that it is very dynamic. as you said Odds providers like Ultraplay and Betradar provide real-time data that most sportsbooks use. So there is a more consensus platform throughout the game. But the uncertainty in that game Whether through a sudden comeback or a change in strategy. It can lead to a big change in odds, for example in esports, even if a team falls early. But one clutch game can turn the tables in a big way. Especially if bettors feel the team can regain momentum. Using an odds provider ensures that most platforms have standardized odds. But when the odds are locked or when the sportsbook is updated at key times it can be slightly different. Have you noticed any differences in timing on different platforms? It would be interesting to hear whether some bookies respond faster or slower to energy changes compared to others.

From what I recall during my live betting sessions it's similar to players getting ejected, the odds should adjust but not by much until there's a noticeable momentum shift in the match, and suddenly the opposing team starts scoring points to take away the lead.

The live betting odds are a bit different IMO, during the match, it's more about the state of the game than the situation of the players because they can always go back and keep playing.

I doubt there are differences between the live odds of these bookies when they mostly use the popular odds providers like Ultraplay, Betradar, etc.

It's the same with the esports that I am following but not at all times they're the same. Some bookies are closing the games as soon as it starts but then I was able to place some bets during the live games when a team was about to lose and the odds are quite high and I've taken a gamble and a come back has happened and that losing team was able to give me a win. Most casinos are allowing that to cash out when you're able to win and I think as long as the game hasn't ended yet and there's the withdraw option, you're free to do that. Otherwise, when it's locked on, you cannot do anything anymore with that.

From my experience so far, cashing out options do changes because when the olds change the bet also affected as well, that is why during booking when you select games (matches) that is about to start and you placed bet if there are any changes they betting sight will say " do you want to accept odds changes in this match"? And if yes then automatically the game moves with the current odds and if "no" then you can't stake less until you accept the current odd. Hence, the odd affect the cashing out if the odd reduces the cash out options also reduce, in fact the overall performance of the games are solely controlling your cash out.

Well, that's going to be a good option for the ones who only bet in favor of a team because of one player, but if you're good at sports betting then you'll do your research about a whole team instead of just one player.

Sometimes good players don't perform that good and mediocre players perform better than the good ones in some games and that's why one should not only focus on a single player but a whole team in general.

I've never cashed out early in any of my bets because when I'm pretty sure about a team and I've done my research well then I don't panic even if that team performs bad at initial stage of the game. Even if I lose some bets that's okay but I'll let it there instead of cashing out early.

I have heard this particular question about this whole  cash out adjustment setting because of lately i had a major disappointment in a game i was supposed to cash out in an online sportbook locally but I was denied cahsout for some reason due to one of the games which was abandoned although they were already winning but was later abandoned. The game was this Belgium team Royal Antwerp and on that particular game there were already wining by a huge margin but funny enough this same game was played on another sportbook site and that one allowed a cashout and the two was same scenario although the one which cash out was paused the potential winning was upto $1.2k which was around 2million naira which the original stake i used wasn't even upto a dollar 1000naira to be precised.

from what I have observed the odds are constantly changing, before and during the game, this means that even before the game starts when there is some bad news about a team, something like a good player getting injured, the odds are immediately changed and this happens in all bookmakers almost immediately.


Well, in this scenario, when people cash out, they are not happy, because in most cases people manage to get many games right and the total odds become very high, but when there is only 1 game left and there is a scenario of a good player being injured and the total odds drop a lot, this creates frustration in the bettor, all the player's effort becomes devalued just because of one event.

I assume your question is directed to a live bet event, and sometimes I'm parlay bet where some of your selected matches have already played and the ones left are either yet to start or have already started, and due to the number of games that have already played, there is a cashout made available for you.
 
If the next game is already on and there is an injury that occurs in the process that increases the chance of the other team to win, the cashout option might entirely be removed or it will be reduced by some percentage; it also happens in a live bet.

It's not even supposed to be an assumption; if the team's capabilities aren't feasible and the game play becomes shaky in any point in time, regardless of If the best player in the team is injured or sent off the pitch, the odds will drop and the cash out limits will be reduced automatically. Everything is made to update changes in milliseconds with a very high refresh rate - you might be a little bit hesitant to cash out and all of sudden, the cash out button is locked. Why does that happen then?

well, it depends on the person involved.. I've dealt with several customers that'd rather lose everything than cash out in mid games. They always love to get the shedloads, but in most cases, they lose everything but not the lesson learnt.

When a significant event happens in the game which alters the possible outcome the cash out amount can be changed or is temporarily removed pending when changes will be made to it.

If we follow the situation as you described and the winning team were heavily favoured then their going ahead will not cause much of a change in the cash out amount or even cause the cash out option to be enabled.

It will depend on how much of the total amount is offered and the odds of the slip playing out successfully.

The number continues to change if you watch it live. I tend to try cashing out when I was winning and when I successfully cashed it out, the amount changed. I'm sure it would have been lesser if the opposing team scored another.

When I saw this happen I made a quick decision especially in the parlay where the next match you are watching is that the team you are rooting for is losing. I guess that's the effect as you see it coming, you are quick to decide what to do.