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Topic: Understanding the cash-out option - page 2. (Read 1012 times)

hero member
Activity: 882
Merit: 501
January 08, 2025, 02:45:56 PM
#84
I think everyone who have used the cash out option already know that the amount available for cash out is directly proportional to the risk associated with the bet slip working as predicted. As the probability increases, so will the amount available for cash out and vice versa. It can get to a point where the cash out will be far less than the amount used in placing the bet, in this case, using the cash out option might just be to secure capital to used for subsequent bets.

Exactly as you said. I have used the cash-out option either because I didn't want to risk my parlay going to trash for a game or two or because things are not going well and instead of losing it all, I get something back. Even if it's lower than my initial bet, it's more than 0. Grin
legendary
Activity: 2632
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Leading Crypto Sports Betting & Casino Platform
January 08, 2025, 01:28:29 PM
#83

It's far better to take that option of cashing out, when opportunities and capabilities is on your position, take that chance and then enjoy your profits.

This will always be the best option when playing in a casino and even in sports betting, there is no other option, withdrawing the money you win is the healthiest thing in the world, even I who am poor sometimes with things I prefer to withdraw and if I feel like playing more I prefer to make time by depositing again a balance much lower than the previous one just to get the idea out of my head, but once I have the money in my hands, sometimes it is much healthier not to make deposits and play during the day, because the joy of winning goes away if we lose what we deposit, sometimes things are like that.
sr. member
Activity: 560
Merit: 377
Let love lead
January 06, 2025, 05:33:30 PM
#82
cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
What if you cash out a sum greater than your stake, but find out later that you could've won a big deal if you left the game a while longer, wouldn't you feel very sad?.

Secondly, what if the above repeats itself some more times, would you still consider those cashouts a profit or regard the huge amounts you've missed more times because you cashed out a loss?

Personally, I don't cash out because I've seen funds greater than my stake, but because there is a substantial amount there compared to my pot. Winnings.

Ofcourse you will feel bad somehow and why won't you? I mean you are human for Christ sake so it's definitely normal to feel so but it would be even worse when you experience it the other way round as in you were offered cash out on the game of which the amount was fair enough compared to the supposed winning amount and initial stake and yet like you said left the cash out and the game turned to be a loss.
Yeah, we're on the same page now I think, I feel cashouts should be fair in comparison with your pot. Winning for it to make sense taking it off and not necessarily with your stake. I see cashing out something near your stake(it maybe slightly higher) as just running errands on the casino and not gambling, safe from, of course you get a very vital tip on a supposed or developed wrong decision in your selections(injury update on key players during our before the match or even their absence in the match or a key player getting red card).
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
January 06, 2025, 03:43:49 PM
#81
there are times when you stake high and the game is about to lose, and instead of you to lose it all, the cashout will help you to recover some amount that would have been lost,
I'm just curious, based on your experience, how often are you right in these situations? You predict that your bet is likely to lose, but you still manage to cash out some money. On the other hand, bookmakers often offer cash-out options when you're on track to win, yet you sometimes take the smaller profit because you're not fully confident you'll secure the victory.
hero member
Activity: 644
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Leading Crypto Sports Betting & Casino Platform
January 06, 2025, 03:28:44 PM
#80
cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
What if you cash out a sum greater than your stake, but find out later that you could've won a big deal if you left the game a while longer, wouldn't you feel very sad?.

Secondly, what if the above repeats itself some more times, would you still consider those cashouts a profit or regard the huge amounts you've missed more times because you cashed out a loss?

Personally, I don't cash out because I've seen funds greater than my stake, but because there is a substantial amount there compared to my pot. Winnings.

Ofcourse you will feel bad somehow and why won't you? I mean you are human for Christ sake so it's definitely normal to feel so but it would be even worse when you experience it the other way round as in you were offered cash out on the game of which the amount was fair enough compared to the supposed winning amount and initial stake and yet like you said left the cash out and the game turned to be a loss.
hero member
Activity: 994
Merit: 658
January 06, 2025, 03:28:14 PM
#79
cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
What if you cash out a sum greater than your stake, but find out later that you could've won a big deal if you left the game a while longer, wouldn't you feel very sad?.

Secondly, what if the above repeats itself some more times, would you still consider those cashouts a profit or regard the huge amounts you've missed more times because you cashed out a loss?

Personally, I don't cash out because I've seen funds greater than my stake, but because there is a substantial amount there compared to my pot. Winnings.
The thing is that no one knows what awaits them after the next bet. Of course, everyone believes that the next bet will be the one that will bring a big win and possibly change their life for the better. This uncertainty excites the thoughts of many players, sometimes even when I spin a new spin, I try to explain to myself that I should not spin further, because in one go you can lose your entire balance if you do not tell yourself to stop.

And withdrawing part of the winnings is my philosophy, I will always do this, because if you constantly put everything back into the game, in the end we will almost certainly lose everything without a trace. Conclusions must be made even if the winnings are small in my opinion.
sr. member
Activity: 434
Merit: 275
January 06, 2025, 03:06:38 PM
#78
cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
What if you cash out a sum greater than your stake, but find out later that you could've won a big deal if you left the game a while longer, wouldn't you feel very sad?.
For me I will not consider it to be bad because I have already collected the amount I stake and profit. Only that I Didn't win the potential total amount. Even if the cashout offer an amount lesser than my stake, I still consider it good because there are times when you stake high and the game is about to lose, and instead of you to lose it all, the cashout will help you to recover some amount that would have been lost, to be used for another stake. In that case, cashout is a good option no matter what.
sr. member
Activity: 560
Merit: 377
Let love lead
January 06, 2025, 01:28:46 PM
#77
cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
What if you cash out a sum greater than your stake, but find out later that you could've won a big deal if you left the game a while longer, wouldn't you feel very sad?.

Secondly, what if the above repeats itself some more times, would you still consider those cashouts a profit or regard the huge amounts you've missed more times because you cashed out a loss?

Personally, I don't cash out because I've seen funds greater than my stake, but because there is a substantial amount there compared to my pot. Winnings.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 06, 2025, 12:47:03 PM
#76
~

What do you mean by cashing-out on an event that isn't in your game, how is that even possible?

Okay what i mean is that when it remains like one event in your betting slip and the option you gave to that event is playing as you predicted, the cash out amount will not even increase even though the event is going well but still ongoing or live but if you hadn't choose that particular event in your betting slip, the other games that has already played can give you an amount that is worth more than the one you are given as cash out when you included the event in your betting slip. I don't know if you get what am trying to explain?

It will!
The cash-out will increase if your game is going according to plan and it will decrease if your team is getting goals and starts losing, the cast-out is just a formula for the settled bets and the not-settled ones, once the odds for the ones still playing go above what you have on your tickets the cahs-out start going down and even negative.
As for the thing about the game, no it's still a matter of what odds you have chosen and what are odds now, there is no rule for that, if you have a cash-out option on already settled 6 games of 1.5 parlay and you still have a game that was alone 4x and your team is leading the cash-out will be higher than the 11x those 6 games make.
hero member
Activity: 2926
Merit: 657
BTC to $150k -
January 05, 2025, 05:58:18 PM
#75

Moreover, cashout can minimize losses or secure partial wins, but it demands focus, quick decisions and understanding odds changes making it difficult for those short on time.
Yes, but sometimes you have to put that aside and see what really matters in a casino when we enter, when we enter we want to play, have fun, but despite all that we want to win, and if we have won why not win? It is like disrespecting our own luck, a casino does not rely on taking the winnings when we lose, if we do the same we are not cheating, so the option to Withdraw is very valid, that the numbers, possibilities, probabilities, everything can come to mind, but money in hand is something else.

Well, making money is the ultimate goal, so if you think what you have is good enough, then proceed to cash-out option. At the end of the day, profits will be profits, regardless of the amount. Just stick to it, otherwise it woul end up blaming yourself why you decide to bet more when you have gained already what you are looking for.
hero member
Activity: 2940
Merit: 613
Winding down.
January 05, 2025, 05:53:15 PM
#74
The cash out option can be a great tool for live betting. Especially when you have a long parlay but things start to go south with one of your bets. While I don’t really use the cash out feature, I have seen plenty of influencers use it to save their parlays and keep them from losing large amounts of money. It’s a great option to have.
It would be a great option if you are currently in the losing streak, but if you are experiencing the opposite one, it would put some limits into your profit potentials, thus depriving yourself from maximizing your future profits. But if you know it's hard for you to gain another profits, it's better to take the cash-out option.
sr. member
Activity: 728
Merit: 415
January 05, 2025, 05:00:13 PM
#73
A casino not being straightforward as a result of the available cash out to give to an event solely depends on the likely outcome of that particular event because if it involves a game that has the chances of playing accordingly but due to fear of the unknown can make you decide to cash out such bets, Sometimes, the cash out amount is manipulative because some matches can be playing as predicted  but the cash out amount can be lower than if that event was not included in your game. The cash out option has made gambling become more fun because you can still have the privilege of taken some part of your money even when the result is going in opposite direction.
I think there are some sort of algorithms that the casino owners used to calculate the risk of each game and give the cashout amount based on the outcome they come up with for the risk calculation.

Sometimes we do even see the cashout amount being relatively smaller than the staked amount even when few games have been played as predicted, but the remaining games could have higher chances of losing according to the risk analysis during the cashout time, and if the player waits long enough, in some cases the amount could go up or the cashout option might be wiped out, and the player will be forced to wait until the end of the running game.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
January 05, 2025, 04:45:34 PM
#72
The cashout option is very simple, there isn't anology to it, all you have to do is accept the cashout offer at any given time or allow the game to play out complete...this is a choice you must make as a gambler, the cashout option gives you some sort of leverage, you have the opportunity to opt out whenever you want without losing everything you staked or matter of fact gaining more than the original amount you staked with... cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
but as a gambler what's the essence of cashing out when the game has not play completely, is obvious that we need to understand casino very well, someone who cashout on the process whereby the games are still playing, I believe that person is just inquisitive to recover what it use to stake and is not sure of  the games

I have not cashout before in any game, what I normally do is to allow my game to play completely, neither I win or I loss, so for me to stake a game have already make up my decision, so that is why I'm not been pushed by cashout option give to me, irrespective how large is the cashout option.

I have been in that situation several times so I understood the reason behind of cashing out. If you have multi-bets or even a single bet, if you feel you are on the brink of losing, and there is a cashout option, what would you do? The amount is lesser usually from your bet amount, but not totally losing your money is usually the reason why some gamblers are pressing that cashout button. If you really feel you lost the game and you want to recover some, definitely, you will opt for cashout.
sr. member
Activity: 434
Merit: 216
January 05, 2025, 04:21:34 PM
#71
A casino not being straightforward as a result of the available cash out to give to an event solely depends on the likely outcome of that particular event because if it involves a game that has the chances of playing accordingly but due to fear of the unknown can make you decide to cash out such bets, Sometimes, the cash out amount is manipulative because some matches can be playing as predicted  but the cash out amount can be lower than if that event was not included in your game.

What do you mean by cashing-out on an event that isn't in your game, how is that even possible?

Okay what i mean is that when it remains like one event in your betting slip and the option you gave to that event is playing as you predicted, the cash out amount will not even increase even though the event is going well but still ongoing or live but if you hadn't choose that particular event in your betting slip, the other games that has already played can give you an amount that is worth more than the one you are given as cash out when you included the event in your betting slip. I don't know if you get what am trying to explain?
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 05, 2025, 03:58:58 PM
#70
Bottom line, cash-out is not only a double edge sword that can
- minimalize losses, protect part of your bet and allow you to create a strategy in the last second
- will reduce your profits, will have a negative effect on your state of mind if you missed a big payout
But most importantly is requires timing and discipline, making it impossible for people with tight schedules to execute correctly.

I’ve read everything you shared, and you’ve explained it well - thank you!

Regarding the last part I quoted, that’s exactly what many posters in the cash-out thread overlook. They assume that cashing out equals securing profit and gives them an advantage. But, as you’ve highlighted through examples and conclusions, cashing out can often have a negative impact on overall betting. It might seem like a safe move, but in the long run, it limits potential gains and can hurt profitability.
Well, it could be a safe move for beginners in gambling, but maybe for veterans in gambling, it's one way of limiting the potentials of their profits because they could have won more, if not lose, if they won't resort into early cashout. However, being cautious when gambling should still be a priority. Know when to bet more when there is higher probability of winning, and know when to cashout when you have already gained significant profits that you can't afford of losing after.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 05, 2025, 03:49:17 PM
#69
I would say that you can build a strategy around cashing out, but you need to know the game thoroughly and want to look for especially volatile games. It helps if you are watching a match, football for example, and feel like the underdog is playing particularly well and the dominate team is making a lot of mistakes. If the odds are favorable, you might want to take a bet that the underdogs will win - hope they manage to get a goal in the next - and you would most likely get a very generous cash out offer. I've had an opportunity like this in the past, but the key is to cash out, because once the underdog gets ahead you can find the dominate team will have a fire lit under them and fight even harder to level up and then overtake.

Not really a strategy since it becomes available only if the underdog really starts playing good and the favorite bad, so you have no idea of knowing this before hand.

The reason I'm using it with racehorses I because I pick horses that I know run very fast at the start, and like to lead but also half of the time they over exhaust themselves and run out of gas, in this type of bet I don't need to take into account what the other teams is doing, it's a bet on a single thing, in football I wound;t take this risk because the top team might score in the first minute and the bet is done for!

A casino not being straightforward as a result of the available cash out to give to an event solely depends on the likely outcome of that particular event because if it involves a game that has the chances of playing accordingly but due to fear of the unknown can make you decide to cash out such bets, Sometimes, the cash out amount is manipulative because some matches can be playing as predicted  but the cash out amount can be lower than if that event was not included in your game.

What do you mean by cashing-out on an event that isn't in your game, how is that even possible?
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
January 05, 2025, 07:47:30 AM
#68

Moreover, cashout can minimize losses or secure partial wins, but it demands focus, quick decisions and understanding odds changes making it difficult for those short on time.
Yes, but sometimes you have to put that aside and see what really matters in a casino when we enter, when we enter we want to play, have fun, but despite all that we want to win, and if we have won why not win? It is like disrespecting our own luck, a casino does not rely on taking the winnings when we lose, if we do the same we are not cheating, so the option to Withdraw is very valid, that the numbers, possibilities, probabilities, everything can come to mind, but money in hand is something else.


Yeah right same deal with greed, if you unable to control your own greed then after gaining that fun sooner or later when you experienced some wins you'll think that it's easy to repeat it, that's the beginning of your deeper engagement and once greed dominates inside you instead of getting some fun it will be replace of frustrations when luck is nowhere to find and the outcome of each sessions begins to turn against you.

It's far better to take that option of cashing out, when opportunities and capabilities is on your position, take that chance and then enjoy your profits.
legendary
Activity: 2688
Merit: 1192
January 05, 2025, 07:28:46 AM
#67
So is there any strategy behind cash-out?

Not really unless you're betting from the start with it in mind, a cash-out is mainly a bet, you make a bet by cashing out too, as you think you will lose the last game , you also take a bet by not cashing out, so bottom line it's more like taking a supplementary bet on an already existing one.

Strategies that tend to work or are employed with cash-out:
- you know a team has a tendency to either score or lose game in the last half, you take take a bet waiting for that moment, or you cash out prior to that happening
- in horse racing it's quite useful when betting on horses that like to race in the lead, you pick outsiders that you know might lead the pack and if they are at half way and still going, their odds might drop from 8/1 to 4/1 and you can cash-out at a profit knowing the horse will run out of steam eventually and lose

Bottom line, cash-out is not only a double edge sword that can
- minimalize losses, protect part of your bet and allow you to create a strategy in the last second
- will reduce your profits, will have a negative effect on your state of mind if you missed a big payout
But most importantly is requires timing and discipline, making it impossible for people with tight schedules to execute correctly.

I would say that you can build a strategy around cashing out, but you need to know the game thoroughly and want to look for especially volatile games. It helps if you are watching a match, football for example, and feel like the underdog is playing particularly well and the dominate team is making a lot of mistakes. If the odds are favorable, you might want to take a bet that the underdogs will win - hope they manage to get a goal in the next - and you would most likely get a very generous cash out offer. I've had an opportunity like this in the past, but the key is to cash out, because once the underdog gets ahead you can find the dominate team will have a fire lit under them and fight even harder to level up and then overtake.
member
Activity: 112
Merit: 61
January 05, 2025, 07:13:42 AM
#66
The cashout option is very simple, there isn't anology to it, all you have to do is accept the cashout offer at any given time or allow the game to play out complete...this is a choice you must make as a gambler, the cashout option gives you some sort of leverage, you have the opportunity to opt out whenever you want without losing everything you staked or matter of fact gaining more than the original amount you staked with... cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
but as a gambler what's the essence of cashing out when the game has not play completely, is obvious that we need to understand casino very well, someone who cashout on the process whereby the games are still playing, I believe that person is just inquisitive to recover what it use to stake and is not sure of  the games

I have not cashout before in any game, what I normally do is to allow my game to play completely, neither I win or I loss, so for me to stake a game have already make up my decision, so that is why I'm not been pushed by cashout option give to me, irrespective how large is the cashout option.


Cashing out a game that is still running those not mean you are not sure of the game you predicted, since you are too sure of your predictions why those it cut sometimes, when it comes to gambling anything can happen and nobody can be 100% sure of his or her prediction and that is why people cash out somethings, the reason why some people don't cash out is because of greed for example you predicted a game with $100 in other to win $6 million and the game you predicted is 30 game's in today and at of the 30 game's 23 has played as predicted and they gave you $5 million cash out so you won't cash out because you are sure of the game you predicted, anybody that refuses to cash out that $5 million is just a greedy person.
There was something that happened in my town just same scenario I gave above and he refused to Cash out the money and the game end up cutting, he became so frustrated and depressed, you can't be too sure when it comes to gambling that's what some set of people fail to understand a club can be so inform this season and may end up losing a game with a club that is not even inform.
If you predict a game and your insist tells you to cash out please do is better to gain a little than losing everything.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
January 03, 2025, 04:43:01 PM
#65
The cashout option is very simple, there isn't anology to it, all you have to do is accept the cashout offer at any given time or allow the game to play out complete...this is a choice you must make as a gambler, the cashout option gives you some sort of leverage, you have the opportunity to opt out whenever you want without losing everything you staked or matter of fact gaining more than the original amount you staked with... cashout is only considered to be a loss when the offer is lower than your stake, but if your cashout has a little percentage increase consider It to be a win.
but as a gambler what's the essence of cashing out when the game has not play completely, is obvious that we need to understand casino very well, someone who cashout on the process whereby the games are still playing, I believe that person is just inquisitive to recover what it use to stake and is not sure of  the games

I have not cashout before in any game, what I normally do is to allow my game to play completely, neither I win or I loss, so for me to stake a game have already make up my decision, so that is why I'm not been pushed by cashout option give to me, irrespective how large is the cashout option.
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