Would you cashout or wait for the game to conclude? - page 17.

alani123

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I think a 10x is a pretty good conclusion to any bet. That's pretty generous for a cashout option given by a bookie in my view.

Having two further matches down the line is a huge risk even with low multipliers and betting on the safe side. So I think it's reasonable to cash out if you're satisfied with the pay.

But it also comes down to each person's preferences. I see that 1m naira is like 750 USD. Probably very few people in Nigeria are comfortable losing that amount every day, so I'd say it's reasonable to cash out at this point. But if the person making this bet is rich for Nigerian standards and doesn't mind losing 750 USD in value, then go ahead keep it till the end. Grin

electronicash

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cashing out would make sense for me unless you already see the last few matches in your multibet that you are sure to win. that's 12x your money through so cashing out will make you 12 ways to try it again.

i had the same dilemma when i was winning with my multibet. i end up pushing for the end. but one match with the result of a tie just blew it all. its like a nightmare when this happens. 36M is so much better of course so it's up to you.

Text

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As a risk-averse person, I would cash out. I prefer securing a substantial cash payout, ensuring a significant return on investment, and feeling comfortable. I'm sticking with guaranteed money, and I think this amount can solve many problems. I've already made a profit and avoided the heartbreak of a last-minute loss. I can walk away happy and gamble responsibly another day. I have less regret accepting cash out even if I don't get the maximum win, rather than waiting for the game to end and potentially losing the bet. The regret would be much greater then.

serjent05

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Before deciding to cash out I need to consider some things.

1. Is the amount huge enough to make the cashout worthy.
2. Am I in doubt that my prediction on the next match is way off the chart?
3. Is the remaining amount to win is too significant that it is worth the gamble? Like if the winning amount is 5x than the amount we are thinking of cashing out.
4. If continuing and winning the bet a life-chager?

In a normal circumstance that the remaining amount is not that huge amount, I always tend to cash out since I think it is already money, why risk it for something that is not as significant as life-changing win.

AmoreJaz

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Quote from: livingfree on April 28, 2024, 04:46:15 PM

Quote from: Sandra_hakeem on April 28, 2024, 03:57:35 PM

36,000,000 naira is a huge amount to risk, just by using the cashout option.

It's the potential win not the amount that shall be risked.

For me to be honest, I'd choose to take that out if ever I feel happy with the win but considering that it's equivalent to around $9500 then that's already a big amount, right?

I won't finish the last game and I'd be happy to take that money. Yes, I am a gambler but I'd prefer to take that money safely because it's not that a good day everyday.

If I am not very sure about the results of the last game, I would cash out. Very rare that you will finish on the positive side. This is the usual dilemma of most gamblers, they would want to finish up until the last one will give them the bad result. I believe, you should be happy for what the good opportunity presents to you rather than aim more.

CryptoHeadlineNews

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Quote from: MainIbem on April 28, 2024, 03:39:29 PM

now if you were the bettor and was given a cashout of 12.4m out of 36m to be won would you rather be patient for the last game to conclude or you'll go with the cashout? Also note that if you cashout you are safe atleast you have made 11m plus extra cash and if you decide to wait it's either you lose or win 36m, what would you do?

This is a very tough decision my friend, of which I'm sure not all gamblers will be willing to cash-out this sum of money, but would rather love to wait and see what the outcome of the final will be. But as a smart gambler which I am, it's better to walk away with the 12million, rather than been greedy and you lose it all in a blink of an eye. Because to be frankly speaking, the fact that there is no business which could offer you 1200% profit of a 1million Naira investment, and yet you have been able to see a slip give you such, hence, we gamblers should be happy most times when we see such profits within a space of 1week.

Franctoshi

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I'm of the opinion of cashing out, if at all I'm given a reasonable amount of money to cash out and if this game amounts to a huge amount of money waiting to be won, however I also can be flexible with with my decision on this and base on situation on ground, in situation such as where I have had some wins in the week, I will be patient with the game to play until finished, but where I have had series of loses and that kind of opportunity presents, I cash out ASAP.

livingfree

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Quote from: Sandra_hakeem on April 28, 2024, 03:57:35 PM

36,000,000 naira is a huge amount to risk, just by using the cashout option.

It's the potential win not the amount that shall be risked.

For me to be honest, I'd choose to take that out if ever I feel happy with the win but considering that it's equivalent to around $9500 then that's already a big amount, right?

I won't finish the last game and I'd be happy to take that money. Yes, I am a gambler but I'd prefer to take that money safely because it's not that a good day everyday.

Issa56

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Quote from: MainIbem on April 28, 2024, 03:39:29 PM

Now back to our main point of discussion which is on the second image, out of 17 games, 15 played with just two left and based on the date in the image I think Austin FC won Los Angeles Galaxy 2-0 making it the last game left, now if you were the bettor and was given a cashout of 12.4m out of 36m to be won would you rather be patient for the last game to conclude or you'll go with the cashout? Also note that if you cashout you are safe atleast you have made 11m plus extra cash and if you decide to wait it's either you lose or win 36m, what would you do?

I know it’s really tempting to wait till the match as ended, just few people will be cashing out and going away with the amount they cash out, but sometimes we shouldn’t be greedy, and we should learn to accept the amount we have made even if it’s small. 12 million is not a bad amount of money, and don’t be surprise that if you dont cash out, the matches left will end up spoiling the match, and if you decided to cash out, then all your predictions will be correct, so when gambling we have to be very smart, and know when you are going to cash out.

KTChampions

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Quote from: MainIbem on April 28, 2024, 03:39:29 PM

I saw this on the media so I decided to bring it here in the forum for us to discuss about it. If you notice in the first image, the bettor played a very risky game which comprises of 15+ games with a huge fee of 1m naira. Please take note that this post is not to promote risky gambling or mislead people to emulate his strategy cause left for me I think he's lucky if he happens to win this bet. Now back to our main point of discussion which is on the second image, out of 17 games, 15 played with just two left and based on the date in the image I think Austin FC won Los Angeles Galaxy 2-0 making it the last game left, now if you were the bettor and was given a cashout of 12.4m out of 36m to be won would you rather be patient for the last game to conclude or you'll go with the cashout? Also note that if you cashout you are safe atleast you have made 11m plus extra cash and if you decide to wait it's either you lose or win 36m, what would you do?

If people understood mathematics even a little, such topics simply would not exist.
In fact, we have the opportunity with a chance of 1.21*1.55=1.875 to get 36.7 million.
If we simply place a bet of 12.4 million at this odds, then, if successful, we will receive only 12.4 * 1.875 = 23.25 million.
36.7 is significantly more than 23.25, so this bet has huge value and must be held to the end. On average it is profitable.

Gozie51

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I won't stay long on it to decide whether to cash out on 12m or to wait for 36m, I will cash out. He has already tried in winning 15 games, being too greedy to win all games may backfire on him despite that the gains will be tripple if he got lucky to win all. One way not to feel too bad if you cash out on your game early is to take part of the cash out money to restake those remaining games with the same option, so if you win them you still get something from it but if you don't, you will be happy you cashed out and avoided losing everything. Cash out is a very good option for some people who use it because you can have a multiple bet like the guy and at a point in the game, you are shown cashout like the instant matter in discussion.

stadus

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We don't have the same goal and the ability to control our emotion. It's kinda stressful when you are watching the game and you are not strong enough in controlling your emotion, that's a parlay bet and you would already win if you'll case out, but what if you did cash out and turned out you win the ticket? You'll feel that you have wasted the opportunity to make bigger wins and might blamed yourself. So I suggest, before placing a bet, you have already think of the strategy you'll use, don't come out with one that you just think because you got tempted with the sure win and afraid that your ticket will lose, or else just don't watch the game, wait until its over before you check your ticket.

Wexnident

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Hmmm, I'd probably wait? Money-wise if I was struggling then I'd definitely cash it out. If not, then I'd go all the way to the end since making the bet in the first place, the original goal was to get the 36m and not the 11m. I suppose it'd also depend on the last match and whether or not my mind changed decisions due to some news about the players or the current state of the team, but that's only if there's a change. If there's none, I'd wait, 100%.

I suppose you can say it's greed. But I'm assuming that it in this situation I have enough capability to be that greedy, if not then as I've said previously, I'd cash out.

Sandra_hakeem

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36,000,000 naira is a huge amount to risk, just by using the cashout option.. but, it's even more riskier to not cashout because at that point, you stand a chance to either win a wholesome or lose everything.
If the leftover odd is ranging from 1.21-1.55, your potential wins will diminish greatly.. you might end up receiving as low as 3-4million after the deduction of the bonus and taxes.
Personally, I'll use the cashout option without wasting anymore time.

Edit:OP, I don't think the cashout would be as much as what you described. 12m? That's way too much!

Frankolala

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The cash out amount is encouraging and the gambler must have made profit, that is why there is no need to be greedy, and allow the game to end, because just one game can cut this slip.

I have seen a lot of people that got greedy and lost the bet and also I have also seen someone that didn't cash out and won the bet. Currently, he is using the wins from that game to build his house. Personally, cash out is my best option on this. This is because I will get mad at myself if I don't cash out and end up losing. I

Oshosondy

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We have discussed this before. I prefer to wait till the match finish.

The guy that bought this up the last time on this forum would have lost or lost if he did not cash out. The amount to win was huge.

I gamble on just 1 to 3 matches and I do not use cash out for it. But if I accumulate and the cash out is huge in amount, I will cash out. It is not good to be greedy.

MainIbem

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I saw this on the media so I decided to bring it here in the forum for us to discuss about it. If you notice in the first image, the bettor played a very risky game which comprises of 15+ games with a huge fee of 1m naira. Please take note that this post is not to promote risky gambling or mislead people to emulate his strategy cause left for me I think he's lucky if he happens to win this bet. Now back to our main point of discussion which is on the second image, out of 17 games, 15 played with just two left and based on the date in the image I think Austin FC won Los Angeles Galaxy 2-0 making it the last game left, now if you were the bettor and was given a cashout of 12.4m out of 36m to be won would you rather be patient for the last game to conclude or you'll go with the cashout? Also note that if you cashout you are safe atleast you have made 11m plus extra cash and if you decide to wait it's either you lose or win 36m, what would you do?

Topic: Would you cashout or wait for the game to conclude? - page 17. (Read 2309 times)