Cash out or wait till the end

[milewilda]

This is called gambling. High risk, high reward. When you saw that you were up by $700, you weren't satisfied and thought you could make more profit. You decided not to cash out your profit. So you were taking more risk to get more profit. But things didn't go your way and you ended up losing everything. Now think, was it worth taking the risk? How much more profit you would have made if you took the risk? If it was for like few more bucks, then no, you shouldn't have waited till the end and should have taken your profit. If it was like a few thousand more bucks, then yeah, I would say it was worth the risk since you initially placed only a $70 bet.

This is gambling on where you do need to make out choices, decisions will really be depending or basing up on how much risk you would really be able to put on and this is where choices do been mold up.
Each of these decisions does really corresponds results and if you do choose up on cashing out midway then its your choice but bare up on the money that you had gained up which is only a fraction
and its impossible that you wouldn't think about the whole winning amount and this is where emotions do really take place.If you are really that not being mindful about huge wins
then pretty sure you would be sticking out on cashing out early as long you do able to see that you are really that gaining.

[RockBell]

It's a very difficult decision to make because the outcome is either the risk is worth taking or you lose. Sometimes, waiting until the very end or cashing out, as the OP said no risk no gain, but cashing out will put you on a much safer side and ensure that you don't lose all of your money, but it depends on the game. For instance, the Premier League match between Manchester United and Chelsea is an example of a risky one, but the way Manchester United played made it clear that they actually had the upper hand over Chelsea.

[maydna]

It's a very difficult decision to make because the outcome is either the risk is worth taking or you lose. Sometimes, waiting until the very end or cashing out, as the OP said no risk no gain, but cashing out will put you on a much safer side and ensure that you don't lose all of your money, but it depends on the game. For instance, the Premier League match between Manchester United and Chelsea is an example of a risky one, but the way Manchester United played made it clear that they actually had the upper hand over Chelsea.

But if you can already see the temporary win you get and it gives you twice your bet amount, you can choose to stop and take the money before the situation changes. But there are also types of gamblers who don't cash out or take the winnings but instead wait until the match is over. That's because the amount of money won will be even greater, but it has a big risk too, especially if we don't know whether the course of the match will remain the same as before or there will be changes in the middle of the match. And as wise gamblers, we must know when to stop.

[l3pox]

It's a very difficult decision to make because the outcome is either the risk is worth taking or you lose. Sometimes, waiting until the very end or cashing out, as the OP said no risk no gain, but cashing out will put you on a much safer side and ensure that you don't lose all of your money, but it depends on the game. For instance, the Premier League match between Manchester United and Chelsea is an example of a risky one, but the way Manchester United played made it clear that they actually had the upper hand over Chelsea.

idk, doesn't sound so hard for me
it comes to putting on a balance "your desire to earn more" vs "your fear of losing what you got"

there are way harder decisions to make in life like deciding if you marry or by a bicycle.

[348Judah]

If a gambler is not the greedy type then its better to always cashout before the end of a match especially during uncertainties times where the end is slightly unpredictable or the margin between the opponents is very small, there might be a drop as well frombthe expected odd but is just a simple application of wisdom in gambling and there are many reasons that might have led to this kind of decision.

1. When you begin to notice a drop in performance ofbthe team you selected

2. When they game is not already in favour of the side you supported

3. When a tragic event happoens at the cause of the match with one of the key performing players you confidence on

4. When your team receives cards either yellow or red

5. When you have already make some earnings with the first set predicted but not sure of the last result.

[Betwrong]

This is called gambling. High risk, high reward. When you saw that you were up by $700, you weren't satisfied and thought you could make more profit. You decided not to cash out your profit. So you were taking more risk to get more profit. But things didn't go your way and you ended up losing everything. Now think, was it worth taking the risk? How much more profit you would have made if you took the risk? If it was for like few more bucks, then no, you shouldn't have waited till the end and should have taken your profit. If it was like a few thousand more bucks, then yeah, I would say it was worth the risk since you initially placed only a $70 bet.

^^This is pretty much what are my thoughts about OP's situation. His initial bet, $70, is the key here. He was aiming to win 10x of his bet, and he wouldn't be fully satisfied with $389, or about 5x of his bet. $389 can't be a big money for someone placing $70 at once, so, you are trying to get what you really want, and you are ready to get nothing, and you don't want to stop halfway and get something which is not satisfying for you anyway.

[TopTort777]

Cash out is a very interesting option imho. I have seen it many time, but never used it. The button "cash out" really plays dirty on emotions. It always forces me to hesitate. Even if I made a silly bet like 1.10 and I am about to get money, this "cash out" always makes me think, but if (for example) other team scores on last seconds and I will lose my bet. I find it funny, that this option always offer you to take back less than you have placed, even though you are about to win and win much more than your bet.

[Peanutswar]

This is called gambling. High risk, high reward. When you saw that you were up by $700, you weren't satisfied and thought you could make more profit. You decided not to cash out your profit. So you were taking more risk to get more profit. But things didn't go your way and you ended up losing everything. Now think, was it worth taking the risk? How much more profit you would have made if you took the risk? If it was for like few more bucks, then no, you shouldn't have waited till the end and should have taken your profit. If it was like a few thousand more bucks, then yeah, I would say it was worth the risk since you initially placed only a $70 bet.

^^This is pretty much what are my thoughts about OP's situation. His initial bet, $70, is the key here. He was aiming to win 10x of his bet, and he wouldn't be fully satisfied with $389, or about 5x of his bet. $389 can't be a big money for someone placing $70 at once, so, you are trying to get what you really want, and you are ready to get nothing, and you don't want to stop halfway and get something which is not satisfying for you anyway.

For a small time gambler for sure this kind of amount is ready for cashing out for me its enough good profit because we know its gambling not all the time we have the chance to win twice or more at the same time in just one single game, sometimes this winnings can cause to brings back again with the 70 USD again as capital or less if op does not take a good run, but if you are a big time gambler and just a spare money and willing to take a risk its ideal to play more.

[masulum]

idk, doesn't sound so hard for me
it comes to putting on a balance "your desire to earn more" vs "your fear of losing what you got"

there are way harder decisions to make in life like deciding if you marry or by a bicycle.

For me, not a matter of difficult or not. but more often decide to stop an making a cash out with a specific target. For example, if I start with $50 I will stop when I reach a minimum of $300. However, this does often trap me in bad results, because often when I reach $200 my winnings are forfeited. LOL.
But this can be a good point when we have to stop rather than not having a target when to stop because it can drain all the winnings.

[ethereumhunter]

idk, doesn't sound so hard for me
it comes to putting on a balance "your desire to earn more" vs "your fear of losing what you got"

there are way harder decisions to make in life like deciding if you marry or by a bicycle.

For me, not a matter of difficult or not. but more often decide to stop an making a cash out with a specific target. For example, if I start with $50 I will stop when I reach a minimum of $300. However, this does often trap me in bad results, because often when I reach $200 my winnings are forfeited. LOL.
But this can be a good point when we have to stop rather than not having a target when to stop because it can drain all the winnings.

Maybe when we can make the big winning on gambling several times, we should immediately stop and cash out before it's all gone in the next round. This often happens to us after we earn a lot of money or win a large amount. And, of course, we will regret it after we lose a lot of money because we already have time to withdraw the winning money. But what happens is that greed makes us continue to gamble and in the end, we only experience defeat instead of getting a lot of wins.