Is it profitable to hedge/cashout bets before end of sport event?

[Boristhecat]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

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[Oshosondy]

Cashout is only favouring the gambling companies, not punters. I have tried it before. For in-play, if the team you selected to win is losing, the amount of money left to be cashed out will be very low in a way you will be discouraged to cash it out. Even if the team is winning, the amount to be cashed out will be low compared to the total amount that you supposed to win. I do not use cashout anymore.

[Wiwo]

The cash-out features are there to minimize losses in sports betting and on several occasions, I use that features, it may not give you the potential winning but at least, it will reduce the risk of losing everything. I used the features on some matches in the last premiere league and champion league and to a good extent cash out helped me a lot like the final game between Liverpool vs Real Madrid, I gave Liverpool winning but during the match and in the first half I notice the chance of Liverpool winning was dimming and I was offered a cash-out amount that is like 20% loses on my bet amount so I just cash out to avoid a total loss.

[Despairo]

Honestly I'm not a fan of cashout of my bet since I'm betting many events and too lazy to monitoring my bet during watching the events lol. That would make me to not focus on the events, so I can't enjoy it since I'm more looking about my profit. I think a professional gambler who make money by betting a sports will use this kind features, but for me as a gambler who only gamble for fun didn't use this.

[swogerino]

Cashout is only favouring the gambling companies, not punters. I have tried it before. For in-play, if the team you selected to win is losing, the amount of money left to be cashed out will be very low in a way you will be discouraged to cash it out. Even if the team is winning, the amount to be cashed out will be low compared to the total amount that you supposed to win. I do not use cashout anymore.

I use it when I have won for example 6 games out of 7 and I am waiting only one game that plays several hours later.The amount of cashout despite being lower than if I would wait to see the last game if they win I would not like to risk it after finding 6 games correctly and lose it all just for one games.This is the special power of the cashout option and not that it has any other magic power except that,even when you find 2 out of three games in bet,it is better to cashout the winnings rather than risking it all.I still use it in tickets with many games.

[bitbollo]

I think it is tremendously convenient. I consider it a kind of "insurance".

because:
-it allows you to ALWAYS get a win regardless of the final result.
-it allows you to immediately invest in another bet that could guarantee a greater profit.
-it allows you to get protected from "black swans" and unpredictable results.

I personally always accept a cash out in most cases and I always try to bet on bookmakers that offer this gambling option.

[Kakmakr]

Well, if the team you bet on.... is starting to lose.. then it is profitable if you "cashout" before the game ends, because you would have lost everything if they have lost. It is very difficult to "switch" bets in Live games, because the odds change so quickly... and if you have a slow internet.. and the site lag, then it is almost impossible. 

I like to cashout early on "Multi bets".... when I won a few of the first matches and I receive more than I bet, but you have to sit there and time it 100%... 

[danherbias07]

I was in a position before if I should cash out or not. The safe side was to take the profits but I didn't and got greedy.
This cashout feature is best to take advantage of long-term bets.
An example would be from my experience. Took the bet for Dallas Mavericks to win the championships as I was a fan of Luka and the odds given were tempting.
They went to the playoffs which enhances my chance and the cashout was x1.7 already. Then they went to the Western Conference Finals which made it x5, IIRC. I could've cashed it out but I want more. I was in a win-or-lose situation back then and I chose to win it all. Sadly, as they are losing the profits are going lower.

[chaser15]

You already made the bet, just trust your bet and wait for the event ends.

Besides, cashout is only available depending on the probability of your chosen team winning. You can't save your bets here as once you are close to losing, that cashout won't be available until the end unless some miracle happened that favored your team.

Besides, cashout won't just make your head sick. Wait for the result is a much better way.

[Oshosondy]

The cash-out features are there to minimize losses in sports betting and on several occasions, I use that features, it may not give you the potential winning but at least, it will reduce the risk of losing everything.

Let us say you stake $100, a football match started as 0 - 0 and got to 60 minutes of no goal, did you know that the amount of money you will be able to cashout may not be up to $50 again. Let us assume that the opponent is winning 1 - 0 in 60 minutes, did you know that the amount of money you can cashout may not be up to $30. The more the chance of losing, the lesser the money to cashout will be. Our opinion maybe different, but I have seen cashout to have more disadvantage than having advantage towards someone to make profit.

[goinmerry]

Well, if the team you bet on.... is starting to lose.. then it is profitable if you "cashout" before the game ends, because you would have lost everything if they have lost. It is very difficult to "switch" bets in Live games, because the odds change so quickly... and if you have a slow internet.. and the site lag, then it is almost impossible.  

Profitable? The cashout amount should be lowered than your bet if you are losing that bet or am I missing something here? That said amount is even lowered to the point that you won't have any interest to cash it out but rather go straight to the final result.

There's no such thing as betting sites that will give you a profit once you cash out while your team is close to losing that game.

It's just minimizing your possible losses and they are giving you a chance to do it.

[jackg]

I haven't seen this happen on betting sites before but I don't know if this would make you reflect too much on the bet you placed and too little/much less on the game.

If casinos change odds or offer a cash out early, it's probably because it benefits them to offer that (and not you). They either benefit by making you wager more money with a smaller payout or by making your regret withdrawing early (and perhaps making you bet higher on your next bet because of it.

[KTChampions]

Well, if the team you bet on.... is starting to lose.. then it is profitable if you "cashout" before the game ends, because you would have lost everything if they have lost. It is very difficult to "switch" bets in Live games, because the odds change so quickly... and if you have a slow internet.. and the site lag, then it is almost impossible. 

I like to cashout early on "Multi bets".... when I won a few of the first matches and I receive more than I bet, but you have to sit there and time it 100%... 

Once you have placed a bet, you can return approximately 90% of its amount. As soon as your team (on which you bet) starts losing, this amount drops sharply to 30-40%. Given the fact that the situation can unfold and your bet can win, it seems to me that by agreeing to lose 60-70% of the bet at the first unsuccessful turn of events, you will very quickly find yourself in a big loss. It is better to keep the bet until the end.

[buwaytress]

Have discussed several times before with others on this forum and in general, we agree it is better to either ride it oy and to hedge bets instead. E.g. long shot bets that actually take the lead (Villa two goals up against City last season for example. Perfect hedge would have been a City handicap... Which would protect the odds but give you insurance if game goes away from you.

Obviously watching live can give you better knowledge as well of whether to cash out or not, and it is easier than love betting. Certainly less stressful!

[Ulven]

I've tried the cashout feature on many occasions and I think it's useful sometimes, especially when the club you're betting on has a difference of only 1 goal and you have doubts that the outcome will change. You can withdraw a little profit to avoid losing the ticket

[agustina2]

In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

I don't want another headache on my future bets that's why I tried to avoid the cashout option.

Instead, I will trust my bet to win regardless of the odds. I already face the risks that are why I will just push for it until the end.

Cashout is for the weak hands lol. More hurtful if the game turned around in favor of you.

[harizen]

Well, if the team you bet on.... is starting to lose.. then it is profitable if you "cashout" before the game ends, because you would have lost everything if they have lost.

I'm not sure about other sites or other sports matches as well, but I think that when your bet is about to lose, it's impossible to make a cashout.

I mean, why gambling sites should do that as they almost claimed your bet amount. The cashout feature will just be opened or available when the match is somehow close or your bet is quite advancing. Don't also expect a profit when you do that in most cases.

For me, it's better to just go straight until the end and wait for the final results. What if you won, that's more regretful.

[jostorres]

I think it is tremendously convenient. I consider it a kind of "insurance".

because:
-it allows you to ALWAYS get a win regardless of the final result.
-it allows you to immediately invest in another bet that could guarantee a greater profit.
-it allows you to get protected from "black swans" and unpredictable results.

I personally always accept a cash out in most cases and I always try to bet on bookmakers that offer this gambling option.

Some really good points made but you have to remember that bet-cashout does take away some value from your potential winnings. For example, if you were to win 200 units by betting 100 units, then your cashout will be around 190 even when the game is almost won because the house edge or the juice is higher on sports betting. When betting on NBA the game can turn within a minute and the last quarter is always risky so if my team is doing well after 3rd quarter I sometimes cash the bet for some loss because you never know when a comeback may happen.

I stopped betting on bitsler because they don't have bet-cashout on sports betting and it sucks to see your bet lose and you are just helplessly watching it. I am not saying bitsler is a bad casino/sportsbook but just sharing my own experience.

[mindrust]

What you are describing is called “sure betting”.

It is an offense on almost every casino. If you are not making any money by doing this, then it don’t make any sense because not playing would give you the same results.

Sure betting, arbitrage betting, chasing +ev games are usually not liked by the casinos and if they find out that you are making only these kind of bets, then they will probably ban your account

[Doell]

Better to lose all money or take advantage by using the cashout? fact is profitable if our bets are on the verge of a cliff, even though the return is small but this feature is very useful for active gamblers who spend most of their time on live sportsbook gambling. However, most gamblers also usually do not use the cashout, for me personally this cashout is useful.

[Gozie51]

In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

Cash out is the new introduction to allow bettors a choice for smaller percentage of their potential winning against their suppose potential winning. That is the risk of it all. Cash out is part of the gambling itself  because you gamble in between your potential winning to little amount or lose everything entire when your bet loses. This system IMO has given bettors the opportunity to go home with something if they are not greedy. I prefer the cash out and I have benefited from it.
The benefit is that, you are happier if you cash out while at the end you lose the slip if you have waited. Although, you gain the total potential if you win the slip and like I said it is a gambling between staying to the end and running away with something lower but if you are not sure of winning, is it not better to cashout?

[Coin_trader]

There’s an advantage on cashout if you accidentally bet on a team in prematch then realized that the team is not performing well or they have incomplete roster on the actual game. I used it many times on my prematch bet on NBA. I sometimes bet on prematch to a team without checking the injury status of there star player and I was surprised on the actual game that they have incomplete roster, I used cashout when the team that I bet have a score lead during early game and take some profit/play safe. The game ended that my bet was supposed to be lose if I didn’t cashout.

Cashout perfectly works as take profit and stop loss on matches that you are not comfortable.

[Fredomago]

There’s an advantage on cashout if you accidentally bet on a team in prematch then realized that the team is not performing well or they have incomplete roster on the actual game. I used it many times on my prematch bet on NBA. I sometimes bet on prematch to a team without checking the injury status of there star player and I was surprised on the actual game that they have incomplete roster, I used cashout when the team that I bet have a score lead during early game and take some profit/play safe. The game ended that my bet was supposed to be lose if I didn’t cashout.

Cashout perfectly works as take profit and stop loss on matches that you are not comfortable.

It's a good strategy if the team is performing in the early period of the game, there are gamblers who do this while seeing that the pick that they bet with is on the favoring side, instead of waiting for the final outcome they choose to cash out during the live game and pocket decent amount of profits.

Like you, I also do this when I realized that the chance of my bet is slim. With or without any profits, I rather cash it out with some losses than completely lose my money.

[KTChampions]

What you are describing is called “sure betting”.

It is an offense on almost every casino. If you are not making any money by doing this, then it don’t make any sense because not playing would give you the same results.

Sure betting, arbitrage betting, chasing +ev games are usually not liked by the casinos and if they find out that you are making only these kind of bets, then they will probably ban your account

It always surprised me. If the casino offers (public offer) to bet on some coefficient, how can this be unprofitable for the casino? The better provides liquidity, on the other side of the bet there will always be an audience that will make the opposite bet and the bookmaker will always make money on someone. In the end, the bookmaker regulates this process by changing the odds. It is not clear to me what is the point of banning a better who provides liquidity (even if he is in the black on average, although I do not consider sure betting profitable).

[_act_]

It's a good strategy if the team is performing in the early period of the game, there are gamblers who do this while seeing that the pick that they bet with is on the favoring side, instead of waiting for the final outcome they choose to cash out during the live game and pocket decent amount of profits.

I do not believe this, assuming you have $50 you used to bet and want to win $100, if the team you took is winning 5 goals to nothing already at half time, do you know that out of the $100 that you want to win, just $80!or less that you can be able to cash out at 60 minutes to the end of the match, even as the match is ending with that massive goal difference, the amount you can cashout will be increasing but can not still up to $100 until the match has finished. If someone is winning already, he will not even have the mind to cashout.

[wiss19]

It's good to cashout your bet sometimes while other times you will regret the decision to cashout. It's a double-edged sword where you may cashout the bet and feel like a hero because you avoided a certain loss but on some days you will cashout a bet and regret why you did that after you see the slip winnng.

I bet on sports myself and yes bet cashout is a cool feature to have because when your team/player is not doing well, you can cashout the bet with some loss but don't lose it all. Also when the game is almost over like your player is 1 set and 5-1 down in tennis, you get peanuts as cashout but it's still better than zero.

It depends on the situation and it's even hard to cashout some bets live because the odds are changing all the time. Most of the time I end up cashing my bets placed on tennis when my player gets their serve broken.

[Zackgeno96]

The cashout function is normally with a loss of about 5%? Those odds will have to go up if you want to make a profit. This would usually only be possible if major differences have arisen due to, for example, a reserve team showing up. Normally you cannot make a profit with the cashout function. You can ask for the cashout but then you will have to accept a loss of about 5% or maybe a little more.

[passwordnow]

Will just stick to my bets and wait until it ends. Whether I win or not, that's okay since I'm firm with my picks and bets, and no need to use such features.
Because before I do a bet, I'll take my tea and do some research so no changes at all when I place my bets.

[nakamura12]

If you haven't bet after deposit and won on your first bet with a decent amount then yes it is profitable but if you still did it after a bet you made that lose then it is a good idea to prevent losing more money. For gamblers who didn't gamble decent amount of money then it is not a good choice and would only received less but still prevent from losing more and yet it will be much smaller from the last balance due to fee.

[Wiwo]

Our opinion maybe different, but I have seen cashout to have more disadvantage than having advantage for someone to make a profit.

No oops we are on the same page on this, indeed cash out is a disadvantage to the bettor but then we should classify cash out under risk management. Because cash out feature is used to minimize the risk of a total loss of stake amount, I guess if there is a score during the much unless it's the team you give the winning to that score the goal only then will you see a cash-out amount but if it the opponent that scores the goal even within the first minutes of the game, the cash-out amount will be zero. By then the sports bookie already knows there is the possibility of you losing the bet

[harizen]

I bet on sports myself and yes bet cashout is a cool feature to have because when your team/player is not doing well, you can cashout the bet with some loss but don't lose it all. Also when the game is almost over like your player is 1 set and 5-1 down in tennis, you get peanuts as cashout but it's still better than zero.

I don't know how the algorithm and system work but if the team you have bet is not doing well, I doubt the cashout feature will be available.

It's an advantage to the bookies that's why there's no way they will offer that at some point in the duration of the entire game.

The cashout will just be available if your team is instead doing well and they will offer you something to make you think twice if you will finish the game or not. It's because if you are close to winning or your probability to win has a decent chance, bookies will now offer you to take back your bet instead to somehow avoid paying you in your supposed potential win. It's like some game show where if you are close to winning, they will offer you to take home some amount of money and no need to finish the game.

[Joca97]

Cashout is profitable sometimes. Most of the people when making a parlay and have 1 match left to win their bet and they want at least half of the money they use a cashout so that they dont lose their winnings. Also sometimes odds can drop really low before match and if you betted on a bigger odd you can counter it and get instant money before match even.

[ralle14]

In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

That's the price we have to pay when securing our profits but there are gamblers that would rather guarantee those winnings instead of potentially letting them go to waste. It's not the best strategy but I still use cashout a few times since i've experienced so many bets and parlays that were close to winning then ended up losing but couldn't do so as cashout wasn't available or I don't have enough bankroll to hedge. I also don't recommend the strategy as i've been burned before but the option of cashing out for once is not bad to have as you'll experience a point where you'll take the winnings instead of stressing yourself out in the final moments of a match.

[Oshosondy]

Will just stick to my bets and wait until it ends. Whether I win or not, that's okay since I'm firm with my picks and bets, and no need to use such features.
Because before I do a bet, I'll take my tea and do some research so no changes at all when I place my bets.

I as well, I also believe people that will believe in cash out are people that have not used it before, people that have used it before know that the disadvantages in cashout are far more than the advantages.

Also anyone that make use of the amount of money he is able to afford to lose will not even think of cashout. There are even some situations someone will cashout unfavorably and yet the match will end up to be what he chose or be in favour of the team he staked for, but has he cashed out already and not able to win the total amount he supposed to win.

[hahay]

If the results may already be obvious to lose, then fixing or cashing in would be better. That is, if the result makes us lose 100% then it would be better if we take some that are available when it is still possible. But if the result is going to be a win, then it's very unlikely to cash in immediately, doing so would not be appropriate. But for me personally, to be honest, I've never done anything about this feature, because for me what I chose at the start was to let it work, then if when the match was in progress the odds changed or something else then I would re-bet and leave the first one.

[Fortify]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

It's impossible to give a definitive answer on such a vague question. It depends on the strategy and the amount of gains that the end user is seeking. If someone is looking for at least a 10% return on their bet and they're able to achieve this, then it might make sense to lock in such a gain if the bookmaker allows this (aka a cashout). It's also important to be able to judge whether the bookmaker has potentially made an error in judgement with regards to their automatically calculated statistics - you might judge that a game you're betting on looks incredibly risky or tenuous, so it can be wise to cash out before the opportunity vanishes. It can be a profitable strategy but you need to figure out a way to be consistent for it to work effectively.

[Smartvirus]

While some might find this profitable and some way to cut lose, I think I'll rather see the game to the end than cash in on a rolling bet. Like seriously, having cahoot options is directly an indication by the house that you've got some really good chance of winning the whole thing. It views your prediction as promising and so, why waste it on a piece of the pie while you could get the whole pie just because you want to cut lose.

When I place bets on a sportsbook, it doesn't matter how the game is going, nothing is ever certain until the final whistleis blown hence, I give my team the chance they need to either make me win or lose the game. I try to believe in my prediction and give it a go for some success and which evr way it turns, I get to accept the outcome. If I lose, then I'll get a better chance with other games in the far future.

It might be difficult to actually come by this decision but, its always easy if you gamble with your free cash or money you could afford to loose.

[Cookdata]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

This is more like Virtual betting and most often than not, you will always lose. Always stick to your plans and if they work you should thank your stars that your strategy worked out and if it didn't work, improved on them.

It is not as if the odds are stable, they fluctuate as the event is going on, lets's say the opposite odds you stake is 3.3 and all of a sudden it changes to 5.5 because they are losing and the remaining time is 7 minutes and the team need 3 goals to equalize, it is still possible to reverse that kind of odds in some situations, I have seen Real Madrid kill Manchester city on the last Champions League and everything turn around. My 0.3$ advice is to stick to your single bet till the end of the match except when you have different matches lineup and you want to cash out the ones you have won.

[Japinat]

You still didn't know the outcome, and you don't have the opportunity to cash out with a profit all the time.

It's either you minimize your losses or you take a win with a small profit, thing is, sometimes you miss the opportunity to win big because of that cash out thing, so based on my experience, I'm not using it anymore and I'll just trust my bet and hope it will win.

[TheGreatPython]

I was in a position before if I should cash out or not. The safe side was to take the profits but I didn't and got greedy.
This cashout feature is best to take advantage of long-term bets.

This is why being greedy is not always good because the more you want to earn more, the more your profits will get lower or worse is you will lose it all and end up with nothing but maybe to some they will just choose to lose than to earn small then regret if the outcome is a win.

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.

If you are really confident that your pickings are right then why not wait till the event ends only to experience a full win but if you have a huge doubt and you think it will be risky to continue then you better cash out as long as you still have a chance or else you will heavily regret it once you lose. It's okay to minimize our profit but as long as the risk are also minimized. What is not good is if the risk is huge but the potential profit is small.

[Boristhecat]

I think it is tremendously convenient. I consider it a kind of "insurance".

because:
-it allows you to ALWAYS get a win regardless of the final result.
-it allows you to immediately invest in another bet that could guarantee a greater profit.
-it allows you to get protected from "black swans" and unpredictable results.

I personally always accept a cash out in most cases and I always try to bet on bookmakers that offer this gambling option.

- but after all, events do not always develop in your favor, so you can’t talk about “always” winning
- is it reasonable to do this as you have already invested in the event and it is going according to your plan (since you can cash out)?
- but this comes at the cost of diminishing the payoff if you were to risk continuing, +- no difference.

What you are describing is called “sure betting”.

It is an offense on almost every casino. If you are not making any money by doing this, then it don’t make any sense because not playing would give you the same results.

Sure betting, arbitrage betting, chasing +ev games are usually not liked by the casinos and if they find out that you are making only these kind of bets, then they will probably ban your account

But why do casinos introduce such an option if they are struggling with it? In my opinion, this option works for the benefit of the casino, which is why the casino actively offers it to players.

Well, if the team you bet on.... is starting to lose.. then it is profitable if you "cashout" before the game ends, because you would have lost everything if they have lost. It is very difficult to "switch" bets in Live games, because the odds change so quickly... and if you have a slow internet.. and the site lag, then it is almost impossible. 

I like to cashout early on "Multi bets".... when I won a few of the first matches and I receive more than I bet, but you have to sit there and time it 100%... 

But what's the point in initially making long multibets if you are satisfied with a shorter multibet? Maybe you should initially make them in the size that suits you completely? After all, cash out eats up a significant percentage of the profit, that is, for example, you had a bet 10 events long. You won 6 and decided to cash out - you will receive a win worth about 5 events (one event will be eaten by the cash out).

[milewilda]

You still didn't know the outcome, and you don't have the opportunity to cash out with a profit all the time.

It's either you minimize your losses or you take a win with a small profit, thing is, sometimes you miss the opportunity to win big because of that cash out thing, so based on my experience, I'm not using it anymore and I'll just trust my bet and hope it will win.

There are some who do really love to hedge and doesnt really care if they would miss out bigger profits or earnings from that particular bet as long they are on greens then that what matter the most.
In my case and most people on here on which we do really wait up for the entire game to be finished but we know that not all bookies do give out that kind of early hedge or cashout but there are some
which do really allows. Nothing more satisfying whether its a win or lose when you do actually watch the full game rather than getting those profits early but well its up on someones choice
whether they do it or not.

[chaser15]

It is an offense on almost every casino.

It's the opposite. Bookies might always be glad if most of their bettors are doing cashouts.

Cashout is like a counter strategy for bookies. They are adding more gambling options to the bettors and that's the start of being under their spell.

I don't see any advantage that cashout can give but only minimizing your losses. If aiming for profit, why become contented on the cashout amount in the first place, we bet expecting to get the return/profit based on our chosen odds.

We should trust our every bet until the very end.

[passwordnow]

Will just stick to my bets and wait until it ends. Whether I win or not, that's okay since I'm firm with my picks and bets, and no need to use such features.
Because before I do a bet, I'll take my tea and do some research so no changes at all when I place my bets.

I as well, I also believe people that will believe in cash out are people that have not used it before, people that have used it before know that the disadvantages in cashout are far more than the advantages.

Also anyone that make use of the amount of money he is able to afford to lose will not even think of cashout. There are even some situations someone will cashout unfavorably and yet the match will end up to be what he chose or be in favour of the team he staked for, but has he cashed out already and not able to win the total amount he supposed to win.

Yes. For those bets that we've made, there's no cash out if you think and believe that you did bet the right one. Anyway, at the end of the day, we all have our own strategies that will make us feel better and have a good outcome depending on how it will go.
So, if it works for them, then they'll just repeatedly do it but if not, they'll stop doing it and will just start to stick with their bets until the match is over without doing anything like cashout.

[KennyR]

Majority prefer using the cashout option than placing bets over the opponent where the odds can be seen rising. In quite few matches I've done this not because the odds rose, just because the winning probability kept going down. Other than this I prefer placing bets above 2 and when opportunity arises the same amount is placed on the opponent on odds above 2. This will help me profit little and I never experience loss unlike the match result.

[harizen]

Yes. For those bets that we've made, there's no cash out if you think and believe that you did bet the right one.

The cashout feature will just be an option for me and I won't even bother to TAP or HIT it regardless of the game situation. It's good to win the amount that you expect in return. In the first place, we choose those odds out of our fearless forecast on upcoming sports.

Always hang on to our bets, trust those and patiently wait for the results.

If we won, then good. If we lose it, then move on and prepared for another round.

[TopT3ns]

Majority prefer using the cashout option than placing bets over the opponent where the odds can be seen rising. In quite few matches I've done this not because the odds rose, just because the winning probability kept going down. Other than this I prefer placing bets above 2 and when opportunity arises the same amount is placed on the opponent on odds above 2. This will help me profit little and I never experience loss unlike the match result.

at least you can make a profit instead of having to suffer a loss because until now the opportunities at gambling sites have been reduced so that the profit you get is slightly reduced but at least the guess you choose is correct because if you choose higher ods you may not necessarily get a win.

[ralle14]

It's either you minimize your losses or you take a win with a small profit, thing is, sometimes you miss the opportunity to win big because of that cash out thing, so based on my experience, I'm not using it anymore and I'll just trust my bet and hope it will win.

That happened to me as well, when teams are neck and neck sometimes you'll experience that gut feeling to cash out then they ended up winning at the very end missing out some extra profit. There's also times that it goes the other way around and cashout would be the better option.

It's impossible to give a definitive answer on such a vague question. It depends on the strategy and the amount of gains that the end user is seeking. If someone is looking for at least a 10% return on their bet and they're able to achieve this, then it might make sense to lock in such a gain if the bookmaker allows this (aka a cashout).

The cashout feature on crypto bookies can be annoying at times though, for example you bet on a team pre live with odds of 1.80 then later on you'll see the live odds of your team slowly go down to 1.70 or 1.65 but the cashout amount they'd give would still be at a slight loss instead of a slight profit.

[Mauser]

In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

So far I have never closed out / hedged a bet to save some money. I understand the strategy behind it, but I don't like it. Usually I only place bets when I am really convinced that one team is going to win and I want to stick with my bet to get the most out of the winnings. During some matches I realise that my prediction was wrong and I will likely lose money, it could be a could strategy to try and close out those bets to try and minimise the money I lose. But in sport games everything can happen, even a losing team can get lucky and score a goal in  the last 30 seconds of a match.  I read in some articles that bookmakers try to convince gambler to close out their very high risk / high reward bets. They are happy about all the unrealistic bets as long as they are losing and it's free money, but once there is a chance for such bets to succeed they become afraid to lose a lot of money. That is why I would not hedge my bets if the bookmakers would approach me. Gambling and betting is fun, I am trying to maximise my winnings not reduce my risk.

[TopT3ns]

In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

So far I have never closed out / hedged a bet to save some money. I understand the strategy behind it, but I don't like it. Usually I only place bets when I am really convinced that one team is going to win and I want to stick with my bet to get the most out of the winnings. During some matches I realise that my prediction was wrong and I will likely lose money, it could be a could strategy to try and close out those bets to try and minimise the money I lose. But in sport games everything can happen, even a losing team can get lucky and score a goal in  the last 30 seconds of a match.  I read in some articles that bookmakers try to convince gambler to close out their very high risk / high reward bets. They are happy about all the unrealistic bets as long as they are losing and it's free money, but once there is a chance for such bets to succeed they become afraid to lose a lot of money. That is why I would not hedge my bets if the bookmakers would approach me. Gambling and betting is fun, I am trying to maximise my winnings not reduce my risk.

This way of gambling, in my opinion, is very dangerous because when the value of the money you bet is very large and is immediately lost due to making the wrong choice, maybe the best way for now is to gamble with fixed and regular value or capital so that it is most likely to provide victory even though there is no guarantee at least your game is safe because it does not use high capital so that it makes the risk lighter.

[BobK71]

It's either you minimize your losses or you take a win with a small profit, thing is, sometimes you miss the opportunity to win big because of that cash out thing, so based on my experience, I'm not using it anymore and I'll just trust my bet and hope it will win.

That happened to me as well, when teams are neck and neck sometimes you'll experience that gut feeling to cash out then they ended up winning at the very end missing out some extra profit. There's also times that it goes the other way around and cashout would be the better option.

It's impossible to give a definitive answer on such a vague question. It depends on the strategy and the amount of gains that the end user is seeking. If someone is looking for at least a 10% return on their bet and they're able to achieve this, then it might make sense to lock in such a gain if the bookmaker allows this (aka a cashout).

The cashout feature on crypto bookies can be annoying at times though, for example you bet on a team pre live with odds of 1.80 then later on you'll see the live odds of your team slowly go down to 1.70 or 1.65 but the cashout amount they'd give would still be at a slight loss instead of a slight profit.

Agree, It basically depends on your desire. Depending on the game conditions, you can cash out if you want to reduce your risk. But I think if your betting is slightly behind then the amount of cash out will be much less. So since it's a betting platform you have to take the risk. So I usually don't cash out.

[passwordnow]

Yes. For those bets that we've made, there's no cash out if you think and believe that you did bet the right one.

The cashout feature will just be an option for me and I won't even bother to TAP or HIT it regardless of the game situation. It's good to win the amount that you expect in return. In the first place, we choose those odds out of our fearless forecast on upcoming sports.

Always hang on to our bets, trust those and patiently wait for the results.

That's right, if you truly see that the bet you've made is really a good one then there's really no need for you to tap that. You just need to be patient and wait until it's finally okay.

If we won, then good. If we lose it, then move on and prepared for another round.

Exactly, there is no other thing that we must do but to move on and let that settle in. Whether we lose or win, that's how it goes and that's how gambling works for each bet that we make.

[Yamifoud]

This job is only for professionals, it will only make our job complicated, so if you are an ordinary gambler, all you have to do is to enjoy betting on a team that you think will win. What OP is saying is like a gambler becoming a trader, I don't do that though I'm aware of what OP is talking about.

[3meek]

I guess these schemes can be done by real professional gamblers... Sometimes even during the game there are doubts about the desired result, and here you also need to think about the tactics of the two teams... And it also happens very often that the bookmaker closes the possibility of selling the bet, most often when it becomes unprofitable for you... So it seems to me that such a hedge is an additional risk...

[KTChampions]

This job is only for professionals, it will only make our job complicated, so if you are an ordinary gambler, all you have to do is to enjoy betting on a team that you think will win. What OP is saying is like a gambler becoming a trader, I don't do that though I'm aware of what OP is talking about.

I think professionals avoid such moves. Compared to trading, this is analogous to fixing a loss as soon as your position is in the red or fixing a minimum profit as soon as the price goes in the right direction. In this way, you completely cut yourself off from the opportunity to make a significant profit and get only crumbs.

[_act_]

The cashout feature will just be an option for me and I won't even bother to TAP or HIT it regardless of the game situation. It's good to win the amount that you expect in return. In the first place, we choose those odds out of our fearless forecast on upcoming sports.

It would really be painful if a gambler thinks he is losing, use cashout to take his few money that remains from the amount he used to bet, but after, the team taken to win equalize and won the match. It is truly just good to leave the match until it has finished.

This job is only for professionals, it will only make our job complicated, so if you are an ordinary gambler, all you have to do is to enjoy betting on a team that you think will win. What OP is saying is like a gambler becoming a trader, I don't do that though I'm aware of what OP is talking about.

There is nothing like professional in sport gambling, it is basically a game of luck after you analyzed and take the right team to win, even if some people you called professionals are gambling, they do not go for cashout because they would have followed all the right rules of gambling, using small amount that will make then not even think if cashout.

[virasisog]

This job is only for professionals, it will only make our job complicated, so if you are an ordinary gambler, all you have to do is to enjoy betting on a team that you think will win. What OP is saying is like a gambler becoming a trader, I don't do that though I'm aware of what OP is talking about.

I think professionals avoid such moves. Compared to trading, this is analogous to fixing a loss as soon as your position is in the red or fixing a minimum profit as soon as the price goes in the right direction. In this way, you completely cut yourself off from the opportunity to make a significant profit and get only crumbs.

Yes, it isn't an ideal move for professional gamblers. It couldn't even maximize the profit. As an ordinary gambler, I also prefer betting fairly by just enjoying the entire game. This strategy isn't an effective way of increasing our gains so it would be better to focus on the game and just wait for the final result.

[Boristhecat]

I guess these schemes can be done by real professional gamblers... Sometimes even during the game there are doubts about the desired result, and here you also need to think about the tactics of the two teams... And it also happens very often that the bookmaker closes the possibility of selling the bet, most often when it becomes unprofitable for you... So it seems to me that such a hedge is an additional risk...

But people bet on almost all possible outcomes (this is the work of bookmakers to make them do this), so if selling a bet is unprofitable for you, then it is beneficial for another player. The bookmaker cannot play against anyone in particular, as many people are playing at the same time. And in any case, I didn't notice it - these opportunities (as well as the opportunity to bet live) are closed for a very short time, mainly when there is a dispute and it is checked using VAR. After the uncertainty is removed, the opportunity to bet/sell bet returns.

[_act_]

Yes, it isn't an ideal move for professional gamblers. It couldn't even maximize the profit. As an ordinary gambler, I also prefer betting fairly by just enjoying the entire game. This strategy isn't an effective way of increasing our gains so it would be better to focus on the game and just wait for the final result.

I have used cashout many times before, I later realized that it was not profitable for me, I remember a match the opponent scored and I later cash out the money in some losses, but later the team I supported won, but I cash out the money in loss. During matches I do also check the amount to cash out, the betting sites I was using only do it in a way to favour them and not favoring the gamblers, this is how it would also be on other betting sites, cash out is not advisable to be used, it is good to just stake and leave the whole match without using cash out.

[STT]

Cashout can work just fine so long as you know when the progress of the game is about to change abruptly, mostly we dont know this information but I find sometimes the rhythm of the game is not recognized or reflected and its relatively profitable to cashout at that moment and reduce your risk or walk away if your time is limited perhaps.  Its a good option to have and often convenient for anyone who does many bets and cant wait around for the game end.

[dwminer1]

Personally, I rarely use the cashout option, but still, this option is sometimes useful. Situations in some sports events can be very dynamic and it is good to be able to cashout when, for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

[TopT3ns]

Cashout can work just fine so long as you know when the progress of the game is about to change abruptly, mostly we dont know this information but I find sometimes the rhythm of the game is not recognized or reflected and its relatively profitable to cashout at that moment and reduce your risk or walk away if your time is limited perhaps.  Its a good option to have and often convenient for anyone who does many bets and cant wait around for the game end.

I think when the event occurs then there will definitely be a set time limit, so if you want to make a withdrawal to secure your profit, I think it's very good because you can get a profit before it's too late to make a withdrawal and of course this depends on the user who wants to immediately make a withdrawal of money or want to continue to other gambling.

[SirLancelot]

Cashout can work just fine so long as you know when the progress of the game is about to change abruptly, mostly we dont know this information but I find sometimes the rhythm of the game is not recognized or reflected and its relatively profitable to cashout at that moment and reduce your risk or walk away if your time is limited perhaps.  Its a good option to have and often convenient for anyone who does many bets and cant wait around for the game end.

I think that it's not easy to tell if the game can change abruptly but for that, one might need a good amount of skill and knowledge. This is why many will not use the cashout feature and can just accept whatever outcome they will be getting. They can then assume that they are only unlucky if they will lose and lucky if ever they won.

If we know that our time is limited or we are going to be busy after some time then it would be better to not play gambling for a while as that can affect our games. If you are that type person that simply can't wait for the game to end, not because you will be doing something else then maybe sports betting is not for you.

[Darker45]

I cannot remember having made a cashout before a match ended. If I made a cashout, probably for only 1 or 2 times. But I remember contemplating on doing it a number of times. That's when you can see that a comeback is possible. But I normally just stick to my bet until the end.

In the case of counter betting, I made a few only because I was convinced that the team I placed a bet on earlier is probably gonna lose. So it was not about the odds really. It wasn't about making profit. It was simply about trying to recover my potential loss.

[nullama]

I cannot remember having made a cashout before a match ended. If I made a cashout, probably for only 1 or 2 times. But I remember contemplating on doing it a number of times. That's when you can see that a comeback is possible. But I normally just stick to my bet until the end.

In the case of counter betting, I made a few only because I was convinced that the team I placed a bet on earlier is probably gonna lose. So it was not about the odds really. It wasn't about making profit. It was simply about trying to recover my potential loss.

It seems a bit odd to cash out before the game ends. I mean, it's usually fun to watch the game anyway, so might as well wait for it to end before checking the betting results.

But I guess you can make betting more efficient that way, just seems less fun

[Gozie51]

In the case of counter betting, I made a few only because I was convinced that the team I placed a bet on earlier is probably gonna lose. So it was not about the odds really. It wasn't about making profit. It was simply about trying to recover my potential loss.

Yes to regain your potential loss and be safe of total lose, I do cash out to have my money back and no need to wait all the way till you lose totally.

It seems a bit odd to cash out before the game ends. I mean, it's usually fun to watch the game anyway, so might as well wait for it to end before checking the betting results.

It is not odd bro when you see that you may lose your bet and you have the choice to opt out, you do that and bet again next time. If you see a clear winning that you are sure of and the team is already leading with still holding good possession then you don't bother cashing out

But I guess you can make betting more efficient that way, just seems less fun

How will losing your money become fun when you are playing with money? You are playing with money and so you want to double it, losing your money is not fun.

[dothebeats]

I just stick to my bets all throughout the event. Besides, I only bet small amounts just to add thrill to me watching these events unfold. Idk about the others, but I just accept the outcome whatever it is. Just do better on the next bet and hope for the best, I guess. On people who are maximizing their bets however, they can freely do this though it will be tiresome and boring as the event continues.

[n0ne]

I just stick to my bets all throughout the event. Besides, I only bet small amounts just to add thrill to me watching these events unfold. Idk about the others, but I just accept the outcome whatever it is. Just do better on the next bet and hope for the best, I guess. On people who are maximizing their bets however, they can freely do this though it will be tiresome and boring as the event continues.

Almost everyone who spend on sports bets spend small amounts so to thrill their watching experience. I used to cashout before the end of the event when the winning chance of the team lowers. Here if I wasn't able to get back the amount I've spend on the bet, I'll just leave it. In such a way many bets have won at the end of the event.

[Peanutswar]

Some of the sports bet casino have this kind of feature like allowing their users to make a withdrawal of their funds before the match starts as a consideration but still not as the amount you bet there's a deduction but sometimes because of the changing of the odds it is close to the deposit you made, and it depends on the situation if you see the game it is already in favor with the opponent you bet and have the chance to withdraw it is good because you avoid losing more.

[chaser15]

for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

Cashout is usually disabled when your team is not doing well. Why they will allow a user to cash out if their bet is now losing? It will just be open once our team is doing well and likely to take the win but still they are behind on the match as it progresses.

Cashout is not really big help to me. If you bet on that team, then just wait for the result. It's like giving up the odds we have chosen why we bet on that in the pre-game. If we lose, then just accept it and try our best next time. If we win, that's good.

Treat our sports betting as how we do it usually. Cashout will not be created in the first place if it will just give bookies a disadvantage.

[Boristhecat]

I cannot remember having made a cashout before a match ended. If I made a cashout, probably for only 1 or 2 times. But I remember contemplating on doing it a number of times. That's when you can see that a comeback is possible. But I normally just stick to my bet until the end.

In the case of counter betting, I made a few only because I was convinced that the team I placed a bet on earlier is probably gonna lose. So it was not about the odds really. It wasn't about making profit. It was simply about trying to recover my potential loss.

Sometimes events in the game develop in such a way that a comeback becomes really very likely (for example, the removal of a player from a team that has an advantage) and theoretically it makes sense to make a cashout. But bookmakers take into account such changes in the situation much faster than ordinary players, so it is difficult to cash out with good odds, usually they are already very unprofitable. But if we are talking about a premonition based not on facts, but simply on intuition, then this works.

[Smartprofit]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

I don't see the benefit of this kind of risk hedging.  Sports betting is attractive because it gives a chance to win a lot of money.

 If you are confident in the correctness of your choice, then why hedge risks? 

If you are not sure of the correctness of your choice, then why are you betting on an event at all? 

Such hedging not only minimizes gains but also maximizes losses.  From the point of view of the mathematical theory of probability, this is (in my opinion) an absolutely meaningless action.  This has nothing to do with risk management strategy. 

Yes, hedging can give the player the idea that they have secured themselves from trouble ... However, this is a false certainty.

[Fredomago]

I cannot remember having made a cashout before a match ended. If I made a cashout, probably for only 1 or 2 times. But I remember contemplating on doing it a number of times. That's when you can see that a comeback is possible. But I normally just stick to my bet until the end.

In the case of counter betting, I made a few only because I was convinced that the team I placed a bet on earlier is probably gonna lose. So it was not about the odds really. It wasn't about making profit. It was simply about trying to recover my potential loss.

Sometimes events in the game develop in such a way that a comeback becomes really very likely (for example, the removal of a player from a team that has an advantage) and theoretically it makes sense to make a cashout. But bookmakers take into account such changes in the situation much faster than ordinary players, so it is difficult to cash out with good odds, usually they are already very unprofitable. But if we are talking about a premonition based not on facts, but simply on intuition, then this works.

If you are good in analyzing the possibilities of changes in the direction of the game, then you will be able to enjoy this kind of feature, bookies are not just doing business without basis, they are putting odds according to how their system works, by knowing the situation just like how you provide your example, it's a wise decision to pullout your bet while you are still in lead if you see that a key player is out.

Most of the time, you still have a good amount to cash out if your team is still on a good lead. It's a perfect timing to withdraw and enjoy even it's just a small amount of earnings. Small is better than nothing, right?

[karabiber]

I don't make such bets because i don't want to minimize the profit i can make. For me there is only one outcome, lose or win, so the odds of winning or losing are high. I think i have no choice but to do this in betting. The purpose of my betting is the desire to reach big wins anyway, so i don't do much strategy. Of course i bet by calculating my losses. I recommend this to you too. Please bet calculating that you will have big losses.

[molsewid]

Honestly I'm not a fan of cashout of my bet since I'm betting many events and too lazy to monitoring my bet during watching the events lol. That would make me to not focus on the events, so I can't enjoy it since I'm more looking about my profit. I think a professional gambler who make money by betting a sports will use this kind features, but for me as a gambler who only gamble for fun didn't use this.

Yeah, it will be very time consuming monitoring that. But cashing out is kinda not good I think? if you will going to cashout the amount you are going to win might be lessen, if I'm not mistaken cashing out will reduce your bet amount of course, the hight the bet the more you will get more earning. But if you want to secure your money, cashing out is good, we can't predict what will happen next,it may come up with losses too.

[Slow death]

I don't make such bets because i don't want to minimize the profit i can make. For me there is only one outcome, lose or win, so the odds of winning or losing are high. I think i have no choice but to do this in betting. The purpose of my betting is the desire to reach big wins anyway, so i don't do much strategy. Of course i bet by calculating my losses. I recommend this to you too. Please bet calculating that you will have big losses.

It's a good way of thinking, but there are cases for example where a person bets on a game with an odd of @2.45, the team that the person bet on is winning, but after some time the game is tied, at that time the odd drops to @1.60 and in the game statistics we have a scenario in which the team we bet on is being pressured and is playing defense, in this scenario the best choice is to cashout because the person would already have a profit instead of taking the risk of lose everything, but if the person posted it at the Asian handicap 0.25 with an odd of @1.50 and the game is in a draw, then in this scenario even if the team we bet on is playing defense the best thing is to let the game end


in my case I use cashout a lot, this option is very useful in certain scenarios, but there have also been times when I cashed out and the team that bet on it won the game and I got angry. this is another annoying side of it

[arallmuus]

in this scenario the best choice is to cashout because the person would already have a profit instead of taking the risk of lose everything

Taking risk is always part of the game though. Yeah it could be profitable to cashout regarless of the result for the next game on the slip because it would have already been profit but honestly whats the point of adding X amount of games in the betslip if you are going to cash it out before the last game is played?

Pretty much should stick to only the games that you are confident on winning instead of adding random games on it then hope that it will win before you hit the cash out button

[dunfida]

in this scenario the best choice is to cashout because the person would already have a profit instead of taking the risk of lose everything

Taking risk is always part of the game though. Yeah it could be profitable to cashout regarless of the result for the next game on the slip because it would have already been profit but honestly whats the point of adding X amount of games in the betslip if you are going to cash it out before the last game is played?

Pretty much should stick to only the games that you are confident on winning instead of adding random games on it then hope that it will win before you hit the cash out button

I would rather prefer on losing a bet on a game where i do enjoy on watching rather than on losing a bet on a game which i dont really have any idea.I did able to experience for how many times on doing bets
which is really out of the scope of my knowledge or we could say its completely zero.Yes, you could feel some excitement when you do win but when you lose then you cant just accept it but it would really
differ since people does have different approach and reactions when it come to this situation but in overall it would really be depending on you whether you cash out early or would
really wait up until the game finishes.

[STT]

It seems a bit odd to cash out before the game ends. I mean, it's usually fun to watch the game anyway, so might as well wait for it to end before checking the betting results.

But I guess you can make betting more efficient that way, just seems less fun

Some people bet multiple games across a day or their schedule to watch a game changes.  I might bet in free time between jobs but then I have to go, do I leave the bet open or close it for a certain profit of the win.     Its useful both to bettors and helps liquidity for live betting, its probably often profitable for the company also.   I often close a bet when I think team prospects have peaked, most of the profit is there and if theres other reasons I cant pay full attention its ideal.

[Pierre 2]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well. This is definitely similar to it. You lose money by insurance but in negative event you receive return. People who do insurance are ones that have lot to lose. People who counter betting also are similar.

[Don Pedro Dinero]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

[Cookdata]

Personally, I rarely use the cashout option, but still, this option is sometimes useful. Situations in some sports events can be very dynamic and it is good to be able to cashout when, for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

You wouldn't know how valuable a cashout option is until you have plenty of matches that are in order with one unknown outcomes yet to be played or in the process. Cashout is helpful when plenty of games you find difficult to predict goes as you planned only for the last match to be doing the opposite, you wouldn't have a choice than to cashout the predicted you already known. However, I don't like the downside of it because your winnings will be slash leaving you with a few bucks. I know it's a favour from Bookmakers for letting you have an option to cash out instead of waiting for the last game and getting disappointed but they should be fair and remove just the last odd and not take almost half of your win.

[Pierre 2]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

Yeah I also think its better to trust your own bet and stick to it. By counter betting you can decrease your potential profit which is not cool. I think you should think throughly while making your first ever bet. In that way you will be more cool headed. But some people love math behind it so they tend to maximize their chance to be in better position. Those people love counter betting.

[Strongkored]

Personally, I rarely use the cashout option, but still, this option is sometimes useful. Situations in some sports events can be very dynamic and it is good to be able to cashout when, for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

because this feature can sometimes help bettors to reduce the risk of greater losses, so many bettors will look for bookmakers who have this feature, but to be honest you as a bettor must really follow the results of the match every minute otherwise the expected potential will not work as expected, but unfortunately as I know sometimes this featured not available on all matches.

[fiulpro]

You should understand that there is something called :

1. Personal Preference
2. Practical Advice

Some people can panic and they can try and get as much as they can and at the same time this might give them less amount that they could have won but at the same time they cannot just follow the rules and the regulations considering the brain is an excellent organ and still amazed me how it makes everyone anxious in seconds.

Practically evaluated system generally shows that though it depends on the situation but it's not 🚫 profitable always and some players should try and away from it as well since their anxiety can get in the way { by practical opinion I mean the articles I read regarding the experiences of various betters on Google}

[fullhdpixel]

Personally, I rarely use the cashout option, but still, this option is sometimes useful. Situations in some sports events can be very dynamic and it is good to be able to cashout when, for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

because this feature can sometimes help bettors to reduce the risk of greater losses, so many bettors will look for bookmakers who have this feature, but to be honest you as a bettor must really follow the results of the match every minute otherwise the expected potential will not work as expected, but unfortunately as I know sometimes this featured not available on all matches.

I see that this feature is not always present. I am thinking that we should not waste the opportunity of using it once we saw it appears because it's always better to reduce the risk and win a little lesser than continue with an increased risk which you can end up as a loser at the end of the game. I think that it's more regretful if you go home empty.

Also, what you mean to say there is to follow every match that we bet on and not the results because results are only shown at the end of the game. The importance of it is that we will know if we should continue and won't use the cash out option or we should stop now or else lose because the game seems to be against with us.

[Fortify]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

People as a whole and in general are simply awful at calculating risks. That's why sportbooks have huge computing resources invested in trying to determine how to price odds at any particular time based on as much information as possible. It goes for practically anything in life and is true of us all - we are extremely good at overestimating what we think we know quite frankly. Cashing out a bet is a dynamic situation where you cannot give a yes or a no. Should you cash out a bet where the winning team is 5 goals up in a soccer match? Hell no. Should you cash out a basketball game where you're getting a slight profit but in a super close game? Maybe. It also depends on your personal strategy - are you all in and embracing losses, or seeking to grind a profit where possible? Are you gambling with fun money, or trying to make something a bit more serious out of it?

[Fatunad]

You should understand that there is something called :

1. Personal Preference
2. Practical Advice

Some people can panic and they can try and get as much as they can and at the same time this might give them less amount that they could have won but at the same time they cannot just follow the rules and the regulations considering the brain is an excellent organ and still amazed me how it makes everyone anxious in seconds.

Practically evaluated system generally shows that though it depends on the situation but it's not 🚫 profitable always and some players should try and away from it as well since their anxiety can get in the way { by practical opinion I mean the articles I read regarding the experiences of various betters on Google}

Whenever your brain and together with your emotion would really play out then you could really make decisions on point or suddenly even if you had already make yourself do have plans been set earlier.
It cant be assured that it wont be changing out and as you said that it makes everyone anxious in seconds and made out sudden actions which we know that it isnt really part of our considerations.
Speaking with hedge/cashout before the end of a certain game or event isnt a bad idea, profit is profit right? But majority will surely be waiting up for the entire game to be over
and would maximize potential winning as they could.

[LUCKMCFLY]

Cashout is profitable sometimes. Most of the people when making a parlay and have 1 match left to win their bet and they want at least half of the money they use a cashout so that they dont lose their winnings. Also sometimes odds can drop really low before match and if you betted on a bigger odd you can counter it and get instant money before match even.

Well, I also think the same, in a parlay if the person sees that things have changed an opco it is not cowardly to withdraw half, sometimes it is good to keep something and not be left with nothing, for me when I see that I am winning and that I have recovered something to remain in my positive balance I do not doubt it, because sometimes it has happened to me that I have lost, most of the time it happens to me, so I learned that at least when you are having something safe it is good to take it, of course I respect the decision of each person and how they can act in these cases, but due to my experience I do take it and assure me, it has never happened to me that when I retire the results are given, so it has been a good move.

You should understand that there is something called :

1. Personal Preference
2. Practical Advice

Some people can panic and they can try and get as much as they can and at the same time this might give them less amount that they could have won but at the same time they cannot just follow the rules and the regulations considering the brain is an excellent organ and still amazed me how it makes everyone anxious in seconds.

Practically evaluated system generally shows that though it depends on the situation but it's not 🚫 profitable always and some players should try and away from it as well since their anxiety can get in the way { by practical opinion I mean the articles I read regarding the experiences of various betters on Google}

Whenever your brain and together with your emotion would really play out then you could really make decisions on point or suddenly even if you had already make yourself do have plans been set earlier.
It cant be assured that it wont be changing out and as you said that it makes everyone anxious in seconds and made out sudden actions which we know that it isnt really part of our considerations.
Speaking with hedge/cashout before the end of a certain game or event isnt a bad idea, profit is profit right? But majority will surely be waiting up for the entire game to be over
and would maximize potential winning as they could.

If I agree with you, this is something like in trading, that when you are winning, you should stretch that profit and not do as others do, that when they reach their top, they simply withdraw and stop winning, something like this can be applied here, the only thing is that there is no pattern that can indicate certain trends, unless very accurate statistics are used, but in the same way everything is based on probability, and here, as in trading, he can get carried away by his emotions, and this can make him lose or, failing that, win. I think that here all the security that the bettor has has to do with a lot, and being very clear about the objective so that he does not falter in decisions.

[Saint-loup]

I see that this feature is not always present. I am thinking that we should not waste the opportunity of using it once we saw it appears because it's always better to reduce the risk and win a little lesser than continue with an increased risk which you can end up as a loser at the end of the game. I think that it's more regretful if you go home empty.

Also, what you mean to say there is to follow every match that we bet on and not the results because results are only shown at the end of the game. The importance of it is that we will know if we should continue and won't use the cash out option or we should stop now or else lose because the game seems to be against with us.

I really doubt that many people have been able to make profits by cashing out their bets each time they have been about to win. Sportsbooks usually offer amounts for cash outs way lower than that the player should get at a fair game.
For example if I play heads or tails with you, but after throwing the coin I offer you 0.5$ while you have bet 1$, do you think you can make any profits on the long run by taking them and losing $0.5 each time instead of winning $2 half-time? Even if was offering you to take back your whole $1 stake you won't be able to make profits because it would just be the same as a blank round. Now if I only offer this option when I see you've won and I refrain from offering it when I see you've lost, do you think you will make profits on the long run by taking it?

[LUCKMCFLY]

Cashout can work just fine so long as you know when the progress of the game is about to change abruptly, mostly we dont know this information but I find sometimes the rhythm of the game is not recognized or reflected and its relatively profitable to cashout at that moment and reduce your risk or walk away if your time is limited perhaps.  Its a good option to have and often convenient for anyone who does many bets and cant wait around for the game end.

I think when the event occurs then there will definitely be a set time limit, so if you want to make a withdrawal to secure your profit, I think it's very good because you can get a profit before it's too late to make a withdrawal and of course this depends on the user who wants to immediately make a withdrawal of money or want to continue to other gambling.

If in fact it is so, this would prevent you from being able to fold just when you are against the house, this is one of the things for which you must decide when to fold or risk it all and put into context the old but very famous saying that is: "Go for all or nothing" many players in fact take the risk, some lose and others win, but that already depends on the personality and decisions of each one.

In my personal opinion I think that it is always better to have something than nothing, some players prefer to go for everything, but many times they lose, and I think that nobody likes to lose and when it comes to money it is not an option that helps much.

[panjul07]

There are 2 reasons for cashing out before the end of the event IMO.
First is to minimize lose and 2nd one is because we have made a profit already.
So cash out bets before the end of the match can be profitable but can be something that make us regret it.
It should be always depending on the situation and our prediction about the on going match.

[dunfida]

There are 2 reasons for cashing out before the end of the event IMO.
First is to minimize lose and 2nd one is because we have made a profit already.
So cash out bets before the end of the match can be profitable but can be something that make us regret it.
It should be always depending on the situation and our prediction about the on going match.

It would really be that regretful because if a certain bet had completely won and you had cashed out early then it would really be giving off that kind of feeling that you should have wait a little further to utilize or maximize overall profitability.Its up to someones choice if they would really be having those kind of choices because profits is profits and wouldnt matter if its less on the overall potential winning.
For me i dont really have this kind of betting on where i do cash out on early because it would really be just a waste if i wouldnt really fully make my bet to be finished specially on a certain game.
There's no thrill on it if you do just simply cut it off but well its a personal choice but in general sense if we do talk profit then it is definitely a profit but much less in overall.

[Fredomago]

There are 2 reasons for cashing out before the end of the event IMO.
First is to minimize lose and 2nd one is because we have made a profit already.
So cash out bets before the end of the match can be profitable but can be something that make us regret it.
It should be always depending on the situation and our prediction about the on going match.

It would really be that regretful because if a certain bet had completely won and you had cashed out early then it would really be giving off that kind of feeling that you should have wait a little further to utilize or maximize overall profitability.Its up to someones choice if they would really be having those kind of choices because profits is profits and wouldnt matter if its less on the overall potential winning.
For me i dont really have this kind of betting on where i do cash out on early because it would really be just a waste if i wouldnt really fully make my bet to be finished specially on a certain game.
There's no thrill on it if you do just simply cut it off but well its a personal choice but in general sense if we do talk profit then it is definitely a profit but much less in overall.

It's instinct or maybe fear if you see that the outcome won't favor your bet, cashing out with losses may let you recover portions of your original bet, but in the other side, if you cash out too early and the pick wins that's something that will keep on lingering inside you, it's a case to case in a different perception of each bettors.

Same as you, a win, still a win. Even it's just a little portion withdrawing. It would allow you to save time and if you are looking for
another game to bet, you can proceed without waiting for the game to complete.

[gabbie2010]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

Cash out is available when the odd favors me or the chances of winning my bet is bright in my betting site, unfortunately the pay is too low thus I don't bother to cash out, I will wait till the outcome of the bet irrespective of the outcome of my bet it's either lose or win, of course I will only place bets whose chances of winning is sure, if a gambler cashes out continuously before the end of a bet in the long run the profits won't be reasonable at all, I don't think it's wise idea to cash out during the bet that is why I choose No on the poll. Meanwhile if the odd or accumulated bets is huge and the gambler had almost won the bet with few games to having bet with a small fund it's advisable to cash out.

[edgycorner]

It's situational. If you are a long time gambler, then you have to set aside emotions and think statistically. Else you will end up broke and probably lose your home :p  On the other hand, if you are a one-time gambler, and in it for fun on weekend ball games then of course the answer is No. Enjoy the game and your fiverr on Mets.

Seasoned bettors should always hedge if it's turning a profit. I also recommend following other methods like Unit system(limiting your bets to 1 unit, usually 1 unit= 1% of the entire bankroll), spreadsheet to keep a record of your bets, look for arbitrage(follow oddsjam or look for it on your own).
Good luck!

[Vaskiy]

Stake used to provide with some special promotions. The recent one being the Watford Early Payout. Placing a bet on Watford, and if it manages to make a goal in the first half you'll get your bet to be a win even when if the match result is a loss. Placing bets on these kind of matches will be interesting and decrease the chance of losing. These bets doesn't require any early cashout.

[Fatunad]

You should understand that there is something called :

1. Personal Preference
2. Practical Advice

Some people can panic and they can try and get as much as they can and at the same time this might give them less amount that they could have won but at the same time they cannot just follow the rules and the regulations considering the brain is an excellent organ and still amazed me how it makes everyone anxious in seconds.

Practically evaluated system generally shows that though it depends on the situation but it's not 🚫 profitable always and some players should try and away from it as well since their anxiety can get in the way { by practical opinion I mean the articles I read regarding the experiences of various betters on Google}

Whenever your brain and together with your emotion would really play out then you could really make decisions on point or suddenly even if you had already make yourself do have plans been set earlier.
It cant be assured that it wont be changing out and as you said that it makes everyone anxious in seconds and made out sudden actions which we know that it isnt really part of our considerations.
Speaking with hedge/cashout before the end of a certain game or event isnt a bad idea, profit is profit right? But majority will surely be waiting up for the entire game to be over
and would maximize potential winning as they could.

If I agree with you, this is something like in trading, that when you are winning, you should stretch that profit and not do as others do, that when they reach their top, they simply withdraw and stop winning, something like this can be applied here, the only thing is that there is no pattern that can indicate certain trends, unless very accurate statistics are used, but in the same way everything is based on probability, and here, as in trading, he can get carried away by his emotions, and this can make him lose or, failing that, win. I think that here all the security that the bettor has has to do with a lot, and being very clear about the objective so that he does not falter in decisions.

Depends on someones emotion and on how they would really be reacting into that because not all would really be falling into the same decision whenever they do already see some gains.
Most of cases where bettors do really wait up until the game ends or totally able to see on whose the winner without the need on cutting off their winnings or do make out some early cash outs.
If you are really that tending to hedge out as much as you could even though it is really just small then its your choice but in most cases or situation where people do really
tend to wait up until the game ends and wont matter if they would receive full or would totally lost out their bet.

[Smartvirus]

Well gambling is no do or die affair. Its certainly not where you hope to make that huge capital for an investment or pay up some debt although, some gamblers gets lucky. The main idea for me when it comes to cashing out on a bet is, should you feel you've profited and that is, "when Cash Out is higher than your stake" and you know you can't bare it should the bet be lost, best to cash out and be at peace with yourself.
That's highly profitable to me. There is nothing wrong or bad in it and should it turned out that, you cashed out too early, then what the hec! You profited on the stakes and that okays.

[gunhell16]

Personally, I rarely use the cashout option, but still, this option is sometimes useful. Situations in some sports events can be very dynamic and it is good to be able to cashout when, for example, in the last match on the coupon your team is not doing well. Sometimes it benefits the player, sometimes the bookmaker.

It seems like it's difficult, your bet is currently placed, and then you suddenly cash out, I don't think I've tried it yet, but it seems to be useful from another angle as well. Maybe I've done this before, I'm just not sure when and what games I played at those times. And it seems that there is also nothing wrong with it, isn't right?

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

[TopT3ns]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

[Fredomago]

Well gambling is no do or die affair. Its certainly not where you hope to make that huge capital for an investment or pay up some debt although, some gamblers gets lucky. The main idea for me when it comes to cashing out on a bet is, should you feel you've profited and that is, "when Cash Out is higher than your stake" and you know you can't bare it should the bet be lost, best to cash out and be at peace with yourself.
That's highly profitable to me. There is nothing wrong or bad in it and should it turned out that, you cashed out too early, then what the hec! You profited on the stakes and that okays.

Seems to me that by doing it as long as you are contented with the profits then it's good to go, you should move forward and forget about looking back and regret in case if the bet wins, it will just give a negative effects and sometimes it will let you think of those "what if's " the good thing to do is to enjoy the profits or if in case you lose and you made a good call for cashing out better to rest for a while and recreate yourself if you do have strategy in your mind.

[Pierre 2]

Well gambling is no do or die affair. Its certainly not where you hope to make that huge capital for an investment or pay up some debt although, some gamblers gets lucky. The main idea for me when it comes to cashing out on a bet is, should you feel you've profited and that is, "when Cash Out is higher than your stake" and you know you can't bare it should the bet be lost, best to cash out and be at peace with yourself.
That's highly profitable to me. There is nothing wrong or bad in it and should it turned out that, you cashed out too early, then what the hec! You profited on the stakes and that okays.

When we are discussing about gamblers one can be sure that there wouldn't be many gamblers saying "I cashed out early but its okay as I profited". I think that's the best attitude personally but its too hard to let yourself down on your potential. I personally feel bad when I sell a coin early even if its a profit. I think that's why people should not place big bets unless they feel calm and good about it.

[goldkingcoiner]

I think that in some regards, gambling on sports events bears some similarities to day trading. Which is to say if you make a decision and back out early, then not only do you miss out on profit, (or in the case of gambling, winnings) but you miss out on your own funds because you make losses while "flip flopping" because of your own uncertainty.

It's a really bad decision, in the long term.

[ethereumhunter]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

It is a common situation for many gamblers who can profit from gambling. They will try to withdraw that big winning money and get out of gambling. But some use the winning money to gamble again in the hope that they can win even more money. But whatever it is, if you have already made a profit and can withdraw the winning money, it might be better if you withdraw the money and place the money for other bets.

[Boristhecat]

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

Are you sure you understand what the question of this topic is? This is not about withdrawing the money that you won, but about early closing of the bet (during betting) in order to receive the winnings before the end of the event. This is not a question about the strategy of gambling and money management, but the question of the value of action in specific conditions.

Recently, I have been watching what kind of cashout bookmakers offer in disputable situations and in situations when everything has already been decided and in my opinion these are very bad offers - it is most profitable to wait until the end and get all the winnings (or put up with losing the bet).

[Cling18]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

It is a common situation for many gamblers who can profit from gambling. They will try to withdraw that big winning money and get out of gambling. But some use the winning money to gamble again in the hope that they can win even more money. But whatever it is, if you have already made a profit and can withdraw the winning money, it might be better if you withdraw the money and place the money for other bets.

In case of winning a huge amount of profit, I would prefer to withdraw it right away and won't use it again to bet more because I already consider that as greediness. Profit is always a profit regardless of its value so I will be wise to secure my winnings to use it in another round of betting.

[ethereumhunter]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

It is a common situation for many gamblers who can profit from gambling. They will try to withdraw that big winning money and get out of gambling. But some use the winning money to gamble again in the hope that they can win even more money. But whatever it is, if you have already made a profit and can withdraw the winning money, it might be better if you withdraw the money and place the money for other bets.

In case of winning a huge amount of profit, I would prefer to withdraw it right away and won't use it again to bet more because I already consider that as greediness. Profit is always a profit regardless of its value so I will be wise to secure my winnings to use it in another round of betting.

If we can win a big profit, it is luck and we must immediately withdraw it to avoid greed or desire for more wins that can arise afterward. We can use the profits we withdraw for other things and have the initial capital to play again. But we can't hope that we will get big profits again next time because it will depend on our luck. So immediately enjoy the benefits you get instead of using it to play gambling.

[wiss19]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

Or you can also use the vault feature of a gambling site than doing a mini withdraw because it can be time consuming and also can cost you some fees. You can also use small amount first when betting if you do not want to lose all your balance fast.

That way, there is no way for you to pull out your money in the middle of the game even if it's possible because it's only a small money anyway and there will be no hard feelings once you lost it but it is more rewarding once you completed the whole game and won because the winnings that you will be getting are also decent than compare to when you withdraw it in a much earlier time.

[iv4n]

I think that in some regards, gambling on sports events bears some similarities to day trading. Which is to say if you make a decision and back out early, then not only do you miss out on profit, (or in the case of gambling, winnings) but you miss out on your own funds because you make losses while "flip flopping" because of your own uncertainty.

It's a really bad decision, in the long term.

I agree with you, it's exactly as you explained. I also think that cashing out is a bad decision, especially if someone does it often, in the long run, that person will have big losses! Changing minds too much happens when people have doubts about their decisions, I like the term "flip-flopping", I think it explains this situation pretty nicely!

I never cash out earlier, if I am uncertain about some games I will just skip them, when I choose games and I make a bet that's it, it will be or not...

[Marykeller]

The actual time I make use of the cash-out option is when I have seen almost 8 out of 10 games I have bet have entered. There was a time I cash-out my pay on the way and the whole game entered. It was big money though. People that noticed what I did talk badly of me. Blaming me for not being patient enough to request for cashing out before the game's end. Am not regretting it though because if I would wait till the game entered finished, I might have lost.

[Wakate]

Perhaps also, the ones who do this often are the gamblers who often win gambling here in crypto gambling. Of course, if you know it's a win if it can be released immediately why would you wait for the game to end?

So far when gambling using cryptocurrency money and already getting a lot of profit or at least a return on investment then I will make a withdrawal to secure the capital used to gamble first then I do gambling with the winnings that I have previously got because if I don't make a withdrawal immediately then the account you use may become unlucky again.

Sometimes what I normally do, especially in non crypto gambling platforms, when I noticed that my prediction might not end well I will just cash out partially then leave the rest for the platform to decide and most times I do have lucky winnings because most times things does not always go the way I think it will go.
Sometimes to aim of gambling is to make profit so I will always prefer having a partial withdrawer than to lose the entire bet.

[chaser15]

I agree with you, it's exactly as you explained. I also think that cashing out is a bad decision, especially if someone does it often, in the long run, that person will have big losses! Changing minds too much happens when people have doubts about their decisions, I like the term "flip-flopping", I think it explains this situation pretty nicely!

It's not that bettors have doubt about their decisions on why they will do cashouts.

Generally speaking, it's a choice that betting sites give if the results might not hit our expectations. It's a good feature actually. A big example is my experience in football betting. It's a big parlay bet in my luck, I've now hit the 3 bets successfully. The profit is now good but I didn't turn greedy and cashed it out instead. The decision is good because unfortunately, the last leg of the parlay lost and it result in my bet losing.

Depending on when we will do the cashout, we can turn the favor on our side.

[OgNasty]

Being able to cash out bets or hedge during live events is one of the coolest things about sports betting online.  Especially with basketball when it's frequent that teams go on big runs.  You can even place bets to the point where you will win no matter what the outcome if you pick your times right.  This is something I love to do when one team gets way ahead or something happens during the game that will heavily effect the outcome.

[LUCKMCFLY]

It's situational. If you are a long time gambler, then you have to set aside emotions and think statistically. Else you will end up broke and probably lose your home :p  On the other hand, if you are a one-time gambler, and in it for fun on weekend ball games then of course the answer is No. Enjoy the game and your fiverr on Mets.

Seasoned bettors should always hedge if it's turning a profit. I also recommend following other methods like Unit system(limiting your bets to 1 unit, usually 1 unit= 1% of the entire bankroll), spreadsheet to keep a record of your bets, look for arbitrage(follow oddsjam or look for it on your own).
Good luck!

What you say is very true, most of the time when we do or participate in a parlay, sometimes we get carried away by the statistics when we are not very sure and despite the fact that it is an intelligent decision, we also forget some details such as, what position will the players come out, if they will be the starter, or if in the worst case they will not be able to play a star because they have an accumulation of cards, and the main one because they get carried away by emotions, this is something that we must take into account and not to bet for the sake of betting, but to bet intelligently and that applies to games and sports betting.

[Vaskiy]

Just take into consideration the Asia Cup Cricket match between Sri Lanka and Afghanistan. The odds for Sri Lanka was @1.4 and for Afghanistan it was near to @3. Finally at the very beginning of the match itself things got worse with Sri Lanka team performance. The odds changed completely upside down. By the time it is the opportunity to lower the loss and cashout, because when the Afghanistan team started the innings the odds were @1.05 on Afghanistan. So, this depends upon the match and how we predict the outcome.

[johhnyUA]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

Let's do it with math.

We have two opposite events, with 1.3 and 5.7 probabilities of success.

We will bet 100 dollars on each. What will we get?

If the frist one outcome with 1, the second one is 0. So we ll get 130 dollars but will lose 100 from second bet. - 70 dollars result

If we would bet 100 on 1.3 and 50 dollars on 5.7 this would end up in -20 if 1.3 is succesfull and +87 if the 5.7 would occur. This is not mathematical right behaviour. This will led you to loses only

If the second one is successfull, we will obtain 570 dollars and lost 100 dollars. But the problem that even with 5.7 coef is nearly impossible to happen!

[Boristhecat]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

Let's do it with math.

We have two opposite events, with 1.3 and 5.7 probabilities of success.

We will bet 100 dollars on each. What will we get?

If the frist one outcome with 1, the second one is 0. So we ll get 130 dollars but will lose 100 from second bet. - 70 dollars result

If we would bet 100 on 1.3 and 50 dollars on 5.7 this would end up in -20 if 1.3 is succesfull and +87 if the 5.7 would occur. This is not mathematical right behaviour. This will led you to loses only

If the second one is successfull, we will obtain 570 dollars and lost 100 dollars. But the problem that even with 5.7 coef is nearly impossible to happen!

Your math is wrong. You seem to be unfamiliar with betting because you don't understand how hedging works.
Let's look at the correct math: if we have two opposite events with odds of 1.3 and 5.7 then we can bet $100 on the first event and $25 bet on the second event. Thus, if event number one wins, then we will get 100 * 1.3 - 100 - 25 = 5 dollars of profit. If event number two wins, then we will get 25 * 5.7 - 25 - 100 = 17.5 dollars of profit. Whatever event happens, we are guaranteed to make a profit.
There are formulas that allow you to balance the gain of both events, but for this example they are not important.

[Fortify]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

Generally it is probably a bad idea to cash out your bet, because you're going to face one of two scenarios: Either the bookmaker is willing to cash you out with what is now a losing bet at pennies on the dollar (you may as well not bother, see it through to the end and write off the loss instead of getting maybe 5% back) or the bookmaker is trying to get you to cash out of a winning bet, but still offering a much lower return than you might expect to make. It can really depend on the situation, some people might be comfortable taking a win if you are say.. a corner or a yellow card away from losing. Alternatively if you bet on goals to be below 3 and it's 2 minutes left to play with zero goals in the match - you'd be almost guaranteed to win that bet regardless, so cashing out is a bad idea. There are simply two many variables to give a definitive answer, just build up your own judgement through experience.

[Viscore]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

As a gambler, I usually focus and wait first on the result of my initial bet before I plan my next move. That gives me more determination to win, instead of counter betting which will only decrease my potential profits and will only put myself into being bothered. If I lose, then that’s the time I will consider taking another bet, maybe not profitable for most of the gamblers but for me, it works.

[AmoreJaz]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

As a gambler, I usually focus and wait first on the result of my initial bet before I plan my next move. That gives me more determination to win, instead of counter betting which will only decrease my potential profits and will only put myself into being bothered. If I lose, then that’s the time I will consider taking another bet, maybe not profitable for most of the gamblers but for me, it works.

it is understandable that this is a case to case basis. it depends on the sports and the match you betted with. if you feel you are about to lose, you can cash out, that is, if the bookie is still allowing you to cash out. but most of the time, in my case, i also wait for the game to be finished, whether i lost or won. some people are cashing out before the game finished in order to reduce possible losses. but for sure, they will regret if in case they win that event. lol

[CryptoHeadlineNews]

Cashout is only favouring the gambling companies, not punters. I have tried it before. For in-play, if the team you selected to win is losing, the amount of money left to be cashed out will be very low in a way you will be discouraged to cash it out. Even if the team is winning, the amount to be cashed out will be low compared to the total amount that you supposed to win. I do not use cashout anymore.

In this case, the best thing to do is probably to just leave the game till the end of the match, because at times you never can tell, because i have witness  lots of scenario whereby a team which you thought to be losing scored an equalizing goal at 90 minutes and won during the extra time, so for me, i actually don't do cashout, because i always have this faith that if this game was meant for me to win i will, but if it wasn't, then let it be. Because its good to try your luck and lose than cashout an unreasonable sum, which is why i alway bet with an amount i can afford to lose

[Markinzo]

From the scale of 1 to 10 I will say it's 7% profitable to hedge cash out bets especially when the remaining sports games seems to look like it won't go to your favor.
Personally I have had a o cash out of my bet as many times as possible and it's been to my own very favour as the remaining few games in the bet ended not in my favour after I cashed out.
Although I have lossed out by cashing out on an ongoing game due to how the game was going in an uncertain way but at the end it went to my favour but by then I have already cashed out a meager sum hut on the ye other hand, cash out has been more profitable to me than the latter.

[Fredomago]

As OP says I also don't see this profitable thing. But its not supposed to be profitable at all. It is when you are sure (you should have no doubts left that you lost bet) of losing and you get some money back. I see it as somekind of insurance as well.

In my case, I prefer to stick with my initial bet and that's it. I don't think it's profitable but as a kind of insurance for lock in profits as has been mentioned, but at the cost of potential profitability. It is a way of minimising both profits and losses.

As a gambler, I usually focus and wait first on the result of my initial bet before I plan my next move. That gives me more determination to win, instead of counter betting which will only decrease my potential profits and will only put myself into being bothered. If I lose, then that’s the time I will consider taking another bet, maybe not profitable for most of the gamblers but for me, it works.

it is understandable that this is a case to case basis. it depends on the sports and the match you betted with. if you feel you are about to lose, you can cash out, that is, if the bookie is still allowing you to cash out. but most of the time, in my case, i also wait for the game to be finished, whether i lost or won. some people are cashing out before the game finished in order to reduce possible losses. but for sure, they will regret if in case they win that event. lol

And that regrets really kills you each time you remember about the things that you did, instead of enjoying the profits you are at a loss. But yes, it's depend from how people see things, they are aware of the consequences and they are willing to take that risk. Else, you will keep on that space where you will keep asking those what if you didn't change your position and you just wait for the result.

Cashout is only favouring the gambling companies, not punters. I have tried it before. For in-play, if the team you selected to win is losing, the amount of money left to be cashed out will be very low in a way you will be discouraged to cash it out. Even if the team is winning, the amount to be cashed out will be low compared to the total amount that you supposed to win. I do not use cashout anymore.

In this case, the best thing to do is probably to just leave the game till the end of the match, because at times you never can tell, because i have witness  lots of scenario whereby a team which you thought to be losing scored an equalizing goal at 90 minutes and won during the extra time, so for me, i actually don't do cashout, because i always have this faith that if this game was meant for me to win i will, but if it wasn't, then let it be. Because its good to try your luck and lose than cashout an unreasonable sum, which is why i alway bet with an amount i can afford to lose

that kind of Guts really help you to stay calm even in some cases that you are already seeing no chances of winning, but if there's still time and the team or player that you are betting with is not giving up the chance still there for them to win.

[AicecreaME]

I know that many bettors, if a sporting event develops in favor of their bet, make a counter bet - for example, they bet on odds of 1.3 and on the opposite event, the odds were 3.3. Then the odds changed 1.3 -> 1.1 and 3.3 -> 5.7. At this moment, they "fix" their winnings by betting on the opposite outcome with odds of 5.7. Or they use the option of selling their bet (cashout - some bookmakers have such an option), that is, they receive their winnings immediately, but less than if they wait until the end of the sporting event.
In my opinion, this is not a profitable strategy, since in this way you minimize your profit, but potentially maximize your losses - if a sporting event develops against your bet, then you lose it entirely without any compensation.

Cash out is there for a reason. One of it is to possibly avoid any further losses in a bet. Some might see this beneficial while some may not. I think it really depends on your standpoint. Because if you cash out early, the thing is you will only get a certain amount instantly, but the catch is it is lower than the supposed amount you are going to take home. Although this could help you to limit yourself in further betting that could result to series of losses so if you want to play safe, you can opt to cash out before the ened of the sports event. However, if you are a risk-taker type of person, you might find this futile because you want to risk big and potentially win big rewards.

[Nrcewker]

Cashout is only favouring the gambling companies, not punters. I have tried it before. For in-play, if the team you selected to win is losing, the amount of money left to be cashed out will be very low in a way you will be discouraged to cash it out. Even if the team is winning, the amount to be cashed out will be low compared to the total amount that you supposed to win. I do not use cashout anymore.

Sometimes When it’s completely visible that the bet which you have placed will completely be lost, it’s better to cashout at that point of time.
I mean it’s better to have anything than nothing right?
I know the amount is very low while cashing out, but yes it’s better than getting 0 balance.
I don’t get the point of cashing out when you know your bet will definitely win. It’s just useless to think like that lol. Just carry on with the bet as it has to be win only.
So enjoy the profits, why you need to cash out.

[ChiBitCTy]

I use a couple different gambling sites and was surprised when my buddy who uses one of those same sites told me he was going to cash out of his bet early. I embarrassingly had no idea you could on this particular site. Personally I don’t think I ever bet enough that I’d want to pull a bet early. I always bet an amount I’m willing to see all the way through.

[traderethereum]

I think I've seen the option to sell their bets in a casino and I've also tried it if I'm not mistaken, when I saw my winning amount was bigger if I waited until the end of the sporting event.
So I immediately sold it because I thought I could get a bigger winning amount.
But I don't know what it is because I just saw the amount of money was bigger so I immediately decided to sell it before the amount of money decreased
In addition, I also do not think about whether this strategy is profitable or detrimental because I only see the benefits.

[Oshosondy]

In this case, the best thing to do is probably to just leave the game till the end of the match, because at times you never can tell, because i have witness  lots of scenario whereby a team which you thought to be losing scored an equalizing goal at 90 minutes and won during the extra time, so for me, i actually don't do cashout, because i always have this faith that if this game was meant for me to win i will, but if it wasn't, then let it be. Because its good to try your luck and lose than cashout an unreasonable sum, which is why i alway bet with an amount i can afford to lose

There are matches that I betted on which I thought I would lose but later won, especially like the one you said the team you are supporting to score after 90 minutes during the 5 to 10 minutes extra time given, it has occurred to me over 5 or times before.

But also a bet you thought you would win can also be lost immediately during the extra time after 90 minutes, that is just bet.

What I hate about cashout is that if a match is about to finish like in the 80 minutes and someone is losing, the amount of money you will be able to cashout may not be more than 5 to 10 percent of the total money you used to bet, that is small, it is not favoring at all, even if it is like 5 minutes to the end of the match, the cashout icon would become non clickable unless the match become to favour you again which may probably not be that way.

Sometimes When it’s completely visible that the bet which you have placed will completely be lost, it’s better to cashout at that point of time.

It depends on you, betting with high amount of money which you will think about when the match is going on and which you can not afford to lose, in this regard, you can have the mind pressure to cashout, but betting with just little amount of money weekly which can be be able to afford, the mind will have ease and will not even think of cashout at all. We all have different opinion about this, but I can never cashout the match I bet on. I have always be saying this on gambling board, that we should just bet with the amount of money we can afford to lose, it would help a lot in many ways.

[nullama]

I think I've seen the option to sell their bets in a casino and I've also tried it if I'm not mistaken, when I saw my winning amount was bigger if I waited until the end of the sporting event.
So I immediately sold it because I thought I could get a bigger winning amount.
But I don't know what it is because I just saw the amount of money was bigger so I immediately decided to sell it before the amount of money decreased
In addition, I also do not think about whether this strategy is profitable or detrimental because I only see the benefits.

The probabilities in the game keep changing all the time, until it ends. For example, if a team is winning, it's more probable that they win if there's little amount of time left in the clock compared to having a longer time. So they probably update the odds and payout accordingly.

The thing is that you never know if things will change before the match ends.

[traderethereum]

I think I've seen the option to sell their bets in a casino and I've also tried it if I'm not mistaken, when I saw my winning amount was bigger if I waited until the end of the sporting event.
So I immediately sold it because I thought I could get a bigger winning amount.
But I don't know what it is because I just saw the amount of money was bigger so I immediately decided to sell it before the amount of money decreased
In addition, I also do not think about whether this strategy is profitable or detrimental because I only see the benefits.

The probabilities in the game keep changing all the time, until it ends. For example, if a team is winning, it's more probable that they win if there's little amount of time left in the clock compared to having a longer time. So they probably update the odds and payout accordingly.

The thing is that you never know if things will change before the match ends.

And if we can get a lot of money before they finish the match, maybe it's better if we take that advantage.
We also have to know which ones are more profitable and detrimental to us so we can take those that are profitable and leave those losses.
In addition, we must consider the change factor during the match because it is possible that the opposing team will change for the better, which can make us lose later.
As long as we can profit, we must take it.

[Fundamentals Of]

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

[TopT3ns]

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

So far, there is no gambling place that provides this feature because when you have made a choice, the gambling place will lock the capital or money you use to gamble and can only make withdrawals when you get the results you win or lose, when you win then can make a profit withdrawal, but if you lose you will not get any results.

[Fredomago]

And if we can get a lot of money before they finish the match, maybe it's better if we take that advantage.
We also have to know which ones are more profitable and detrimental to us so we can take those that are profitable and leave those losses.
In addition, we must consider the change factor during the match because it is possible that the opposing team will change for the better, which can make us lose later.
As long as we can profit, we must take it.

Analyzing your take each time you made a decision in terms of cashing out your bets, if you see that there's still chances that your pick may lose even they are in the upper hands better to withdraw or if you see that there's no chance of winning it's better to take out portions of your actual capital than to let it lose if you still have the chance.

All in all it's more on how you predict the possible outcome and how willing you are in taking the risk in whatever result the game may bring.

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

So far, there is no gambling place that provides this feature because when you have made a choice, the gambling place will lock the capital or money you use to gamble and can only make withdrawals when you get the results you win or lose, when you win then can make a profit withdrawal, but if you lose you will not get any results.

What do you mean? Stake, for example, allow gamblers to cash-out during the game if you think that you are satisfied with the profits or if you are not willing to lose everything you can decide and cash-out whatever amount has left from your initial bet.

[Boristhecat]

So far, there is no gambling place that provides this feature because when you have made a choice, the gambling place will lock the capital or money you use to gamble and can only make withdrawals when you get the results you win or lose, when you win then can make a profit withdrawal, but if you lose you will not get any results.

You probably haven't tried betting at all, or you've only tried it on some outdated bookmakers. Now this service is provided by all major bookmakers. Moreover, if you have made a choice and the event is still far away, then you can "cancel" the bet, that is, make a cashout for a rather small price - just a few percent of the bet. If during the game the result is in your favor, then you can cash out with a profit before the game is over.

[SirLancelot]

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

This is the good thing about sports betting because there is still a chance to stop your bets while in the middle of the game but this is hard to do in a typical casino game but you will need to finish the game to know if the result is a win or lose.

When we are in doubt then I think it will be better to just withdraw the earlier profits that you have made and besides you can still bet another in a game which you are more sure of than if you risk it in hopes of earning an additional profit however in your case, it looks like you are a serious gambler. You aren't a pussy like us lol, so yeah what you are doing is right. To have a doubt could be an added recipe for your excitement.

[dunfida]

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

This is the good thing about sports betting because there is still a chance to stop your bets while in the middle of the game but this is hard to do in a typical casino game but you will need to finish the game to know if the result is a win or lose.

When we are in doubt then I think it will be better to just withdraw the earlier profits that you have made and besides you can still bet another in a game which you are more sure of than if you risk it in hopes of earning an additional profit however in your case, it looks like you are a serious gambler. You aren't a pussy like us lol, so yeah what you are doing is right. To have a doubt could be an added recipe for your excitement.

When you are really minding about making profits then making out these actions could really be that you main priority whether you would be stopping midway or pushing through the end of the game.
Even myself wont really be considering on cutting it out on early phase even on mid way or already on greens because it does really cut out the entertainment essence which is the main thing
that you've been looking for whenever you do make out some sports betting.If you are someone who do really prioritize profits even on small gains and wont mind out the enjoyment or thrill then
you would definitely doing this.

[Fundamentals Of]

If you doubt that the team you've earlier chosen will win the match, then to make a cashout is the good decision. Also if you think that a sure profit although small is better than possibly having a bigger profit but also possibly having a loss instead, then cashout will be a good choice. But to me I just leave my bet 99% of the time. Sometimes it is enticing to cashout and have a smaller loss than seeing your bet really lost, but I still don't find an early cashout interesting. It makes me feel like I'm not really gambling at all.

So far, there is no gambling place that provides this feature because when you have made a choice, the gambling place will lock the capital or money you use to gamble and can only make withdrawals when you get the results you win or lose, when you win then can make a profit withdrawal, but if you lose you will not get any results.

No, actually this feature is offered in many crypto betting platforms. I don't know if you've been betting yourself or you haven't just discovered this feature yet, but this has been offered for a long time already. But such option is not made available all the time. It is normally allowed early in the game. If you're team is obviously losing and the game is almost over that a comeback win is not anymore possible, it's more likely that you cannot make use of this option anymore.

I think I have used it once or twice already, but as I've said this isn't really an interesting option for me. In fact, I sometimes even bet more on my team even if the opponent is ahead for the sake of taking advantage of better odds.

[traderethereum]

And if we can get a lot of money before they finish the match, maybe it's better if we take that advantage.
We also have to know which ones are more profitable and detrimental to us so we can take those that are profitable and leave those losses.
In addition, we must consider the change factor during the match because it is possible that the opposing team will change for the better, which can make us lose later.
As long as we can profit, we must take it.

Analyzing your take each time you made a decision in terms of cashing out your bets, if you see that there's still chances that your pick may lose even they are in the upper hands better to withdraw or if you see that there's no chance of winning it's better to take out portions of your actual capital than to let it lose if you still have the chance.

All in all it's more on how you predict the possible outcome and how willing you are in taking the risk in whatever result the game may bring.

As a gambler, we must know when to withdraw from the game and if we still have the opportunity to take some of our capital, we better take it.
As long as we can get an advantage, it would be best to grab it before the opportunity is gone.
But if we believe that the team we choose can survive until the end of the game and still have a chance to win and get a bigger profit, maybe we can stay afloat and not take some of our capital.
It all depends on how we choose a team or player who will have the potential to win from the opposing team.