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Author Topic: Cash out or wait till the end  (Read 5604 times)
Piesel
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November 12, 2022, 08:37:23 PM
 #81


So what would you advise as a gambler? is it better to collect the cash-out or wait for the full cash
If you think that amount of winnings is already good enough for you and are starting to doubt the remaining legs then cash it out. I've also experienced those kinds of parlays where there are only one or two legs left but instead of cashing them out, I decided to ride them out which rarely works out. Whenever I have a parlay and I can't cash them out I sometimes bet on the other side as it's better to secure some profits even if they go down significantly.
You are very correct on this one as the amount won in the total cash kit balance can determine whether you continue to play or not. Let's say you already earn over 40% of your total bet amount you are as good as winning the total bet price and can decide to walk away and not want to risk the entire winning price if the bet goes against your prediction as the game goes on.

So cashing out is sometimes the best thing in some situations especially when the clubs are top clubs.
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November 12, 2022, 08:57:21 PM
 #82

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
it is objectively better to cash out rather than risk losing all the profit but I'd still advise them to do what they want. gamblers have different goals, some want profit no matter how small it is and some want higher profits no matter how risky it is. I for one would be more on the cautious side and go for a cashout and not risk losing it all.
This will depend on your target profit for that day, personally if I already have that kind of profit I will cash out and stop playing, that’s already a big profit for me and doing that everyday can make a big difference. I agree that we all have different goals, and some gamblers might be more greedy to take more risk knowing that he is lucky by that time, but eventually if you continue doing that there’s also a higher chance of losing that money, and you will just waste that opportunity to go home with a profit.

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DoublerHunter
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November 12, 2022, 09:02:49 PM
 #83

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
it is objectively better to cash out rather than risk losing all the profit but I'd still advise them to do what they want. gamblers have different goals, some want profit no matter how small it is and some want higher profits no matter how risky it is. I for one would be more on the cautious side and go for a cashout and not risk losing it all.
This will depend on your target profit for that day, personally if I already have that kind of profit I will cash out and stop playing, that’s already a big profit for me and doing that everyday can make a big difference. I agree that we all have different goals, and some gamblers might be more greedy to take more risk knowing that he is lucky by that time, but eventually if you continue doing that there’s also a higher chance of losing that money, and you will just waste that opportunity to go home with a profit.
^ It depends on your target profit and that is right.
But sometimes when I know that I have profit I usually cash it out because in my opinion the more you spend time gambling the more chances of losses become wide. Learn how to be contented with a small winning which is always on my head while gambling but sometimes we always hoping a big amount of winning that becomes worst when seeing our pockets are almost empty. Locking your target profit is I think a very accurate method of handling your money.
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November 12, 2022, 09:09:36 PM
 #84

Continuous betting is fine as long as you are ready for that risk, and beside you just lose your capital here and you can try it again. Though most of the gambler will surely get that profit right away because that’s already a big profit with your small bet, some gambler consider that already as their lucky day and spend it the way they wanted it. Cashing out will be my option as well, regardless how lucky I am I still need to secure some profit.
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November 13, 2022, 03:39:57 AM
 #85

Bro, I would've cashed out at that profit. You got greedy the second time, should've learned the lesson from the first time it happened.
Just imagine how much you already made from a $70 bet. That 5 times your capital which also gives you 5 times the opportunity to do it again and who knows you might get the same result next time.
You can just do it over and over again and you will make more money. That's the perks of betting online, the cashout options. I do it on Stake.com most of the time when I see even twice or 3 times the profit.
That is right. We can't always make more than the bets we make and also, we must be able to feel enough and satisfied with the wins we get so we don't get too greedy by continuing to gamble and hope to win more money. And while we can get that big win, we better withdraw it and save some of it to gamble another day because we can come back to that casino site and try our luck. Who knows, we can be luckier than yesterday and win more money. That means we get twice as many wins.
Except indeed if the bets we make in this case are really completely sure that we will win.
I made some big bets for a game last week and one of them was when Arsenal faced Chelsea last week.
I was at Arsenal at 2.65 odds at the time and when they scored 1 goal in the middle of the second half of course my stake was x1.3. actually I could have stopped it because I was already profitable but when I saw the performance of the team I supported it was clear I would not cash out and my choice was very right in this case.

It depends on what point of view we place ourselves from the match and depends on who we support in this case because indeed if we are sure what we are for, we immediately Cash Out even though a big win is almost certain to be obtained.
That is an exception because we already know that the team we choose has a greater chance of winning the match so we delay withdrawing the winning money we have earned. But remember that in every match, situations can change and the team we choose may experience changes in play which can cause their performance to decrease from before. And if this happens, it is beyond our expectations so that it can cause our bet to lose. That's why we must always research each team before we place a bet so that we are right in choosing the team that will compete.

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November 13, 2022, 05:42:02 AM
 #86

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

Withdrawing the money does not assure you anything either, as I know of cases that after a big win, they withdrew the money, and shortly after, they got a compulsion, deposited it again and ended up losing everything and more. It would be much better for you to learn not to let yourself be carried away by your emotions.

As far as I am concerned, it does not make sense because I do bankroll management and now what I earn I reinvest it to go up levels (I play poker) when at other times I have decided to stay at a level and withdraw the benefits, the strategy is to leave a minimum of stacks and what exceeds withdraw it. In other words, if I leave 50 stacks, and when I finish the session I have won 4 and a half, I withdraw those 4 and a half. If in the next session I lose 4 stacks, I have 46 stacks left and I don't withdraw anything until I recover the initial 50 stacks and exceed them.

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November 13, 2022, 07:51:51 AM
 #87

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money.  More risk means more money, that's right. But there is also no need to lose the money at hand for more money.

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November 13, 2022, 08:29:14 AM
 #88

Mehh, it's truly a very difficult situation to be frank with you because one of the greatest problem with gambling is greed and quest to make big profit.
If I was to be in your shoes, I would have taken the $389 and walked away but then I understand that you were very confident in your game and since it was remaining just one, you saw no reason to opt out and that is actually were the greed factor comes in.
As a gambler, there are two things you must have to work in first, which is your contentment level and greed level, the moment you work in this two, you're half way to success in gambling.
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November 13, 2022, 08:43:22 AM
 #89

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money.  More risk means more money, that's right. But there is also no need to lose the money at hand for more money.
He should have taken the money because the outcome $389 is very high than the capital $70. I will not cash out if the cash out amount was around $85 to $100. But in his own situation he got more than 300% of his capital. It is only greed that will make one not to cash out at this ample opportunity. Although we know the feelings that will all the matches will play, leave it

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November 13, 2022, 08:57:10 AM
 #90

Things like this go back to what we believe.
I personally always make some bets in the sportsbook until the end but when I look at the odds and we have won in those bets and see the condition of the one we support in this case is a little threatened then I might as well do a Cash Out but this is only a small part of what I do because I always bet until the end even though sometimes there are some matches that are really unexpected.

Yes, i like your point. there is nothing easy to bet on a sportsbook, everything returns to the choice of bets and what we believed before. with all considerations and according to what we understand, basically it all depends again on the situation at that time.

in certain cases, we will look at the conditions and opportunities that we have. if what we support is not what we have predicted before, especially in this case it is a bit threatened. then, the option of doing Cash Out is a better choice. however, basically we rarely exercise this option and it depends again on what we predicted before.
I'm sure, most gamblers who like sportsbook betting have experienced many cases similar to what Op described in the thread above. so the problem is not collecting the cash out or waiting for the full cash, but how confident are we in every available opportunity.

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November 13, 2022, 09:31:21 AM
 #91

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money.  More risk means more money, that's right. But there is also no need to lose the money at hand for more money.
He should have taken the money because the outcome $389 is very high than the capital $70. I will not cash out if the cash out amount was around $85 to $100. But in his own situation he got more than 300% of his capital. It is only greed that will make one not to cash out at this ample opportunity. Although we know the feelings that will all the matches will play, leave it

We cant say it is as a pure greed. Some gamblers aware about such situation but they do not cash out because they believe that the bet will go through as a winning bet especially when there is one selection left. Imagine, if he did cash out (full) and the last match is a win. There will be a different regret as he should have won double amount than what he cashed out. Of course if the last match is a lose, he lost everything. That's why I said previously that doing partial cash out is the best option when it comes to a dilemma.
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November 13, 2022, 09:47:31 AM
 #92

Actually, when we look at this incident, the money coming out of your safe is $70. The $389 didn't belong to you. The money that is not in your safe is not yours. Because it is not clear what will be. But if you do not want to be upset and regretted in this way, take the profit you made and get out of the game.
I am always on the side of the least risk. So it makes more sense for me to take the money.  More risk means more money, that's right. But there is also no need to lose the money at hand for more money.
He should have taken the money because the outcome $389 is very high than the capital $70. I will not cash out if the cash out amount was around $85 to $100. But in his own situation he got more than 300% of his capital. It is only greed that will make one not to cash out at this ample opportunity. Although we know the feelings that will all the matches will play, leave it

We cant say it is as a pure greed. Some gamblers aware about such situation but they do not cash out because they believe that the bet will go through as a winning bet especially when there is one selection left. Imagine, if he did cash out (full) and the last match is a win. There will be a different regret as he should have won double amount than what he cashed out. Of course if the last match is a lose, he lost everything. That's why I said previously that doing partial cash out is the best option when it comes to a dilemma.
It also depends on the option you played in the last match. If the last game is the most risky in your selection, you don't have to wait till the end. But if the last game is safer than the ones that played, you can take the risk. I don't expect anyone to ask how to know if a match is safe or not. After bets everyone knows the one you expect to spoil the accumulated bet

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November 13, 2022, 11:15:36 AM
Merited by fillippone (2)
 #93

That's the risk thing if you didn't make a risk at all you can get a profit, that's the gambling works, this is the reason why people are willing to risks for having a higher reward if you got a good profit with that risk there's a chance you lose it again, that's why in gambling people wanting to play more in gambling they know the risk of getting a good earning in this game, if you hit the jackpot well that's good enough if not there's a chance to play more, for me sometimes the mood really effects the momentum of the game if you are not well to play not ideal to make a risk because sure you'll make a bad decision.

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November 13, 2022, 11:16:00 AM
 #94

Menh it is no easy to be a gambler. Well that the life
"NO RISK NO GAIN"

recently I placed a bet on different soccer games and I  staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.

After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I  was given a  cash out of about $389 and the matches remaining was just one game  so I decided not to take the it...i decided to be a  brave gambler and wait for the last game to be concluded and then collect the full money

But the last  game didn't turn out the way I wanted it and I lost that $389

I have faced similar situation before and most times I often collect the cash that comes as a  cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a  little chunk of it..

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
That is what gambling is all about. You have no assurance of what will be the outcome that is why you should bet ehat you can afford losing and take what you think id necessary. If you have regrets then that must be your frustrations which is just normal. Think of this; if you have pulled out your money then happened that you had a wrong guess but luckily you did not bet on it, would you have the same reaction of being upset? ofcourse not because the outcome was in favor to your likeness. So do the same thing if the outcome won't 'coz in the first place no one pushed you to play other than yourself. If you can see the future ofcourse you'd be betting more on your winning bets but that's just impossible.

If you can't control your emotions, always secure profit to lessen being upset of your losses. That is greed on the other hand if you already won and continued to play more, with hopes of earning more basically. Know your limits as a player.

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November 13, 2022, 11:20:28 AM
 #95

Why don't you just repeating the first scenario? you have been putting small amounts of money and then it turns to become 5x times more from your initial fund. You can cash out this and try to did the same thing again and again.
You shall not being so greedy to think that you can make bunch of money from there. I meant look at how you can get very nice profit form your first bet and then repeating it will be also making your money become even more than before.
Think about that. as a gambler but you must also think rationally. that's pretty much the same like future trade. If you are winning and then use whole of money to bet again and then that's a stupid move

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November 13, 2022, 07:00:11 PM
 #96

Continuous betting is fine as long as you are ready for that risk, and beside you just lose your capital here and you can try it again. Though most of the gambler will surely get that profit right away because that’s already a big profit with your small bet, some gambler consider that already as their lucky day and spend it the way they wanted it. Cashing out will be my option as well, regardless how lucky I am I still need to secure some profit.
We can't just continue for more but all gamblers must have a limitation even if we say that we are ready to take the risk and lose money because we are also losing a time here and we all know how important it was. It should properly be use on every other beneficial things not only on the things that gives us temporary enjoyment.

It seems that is easy for you to try say that try again after losing but what if we don't have money anymore? Losing at first, can be a sign that a gambler is unlucky. I already prove it that even after second and third re deposits, I still didn't get a win but if ever we are lucky, we also need to know when to stop and cash out because it's not long lasting and there is no way you can sap all the money inside the casino.

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November 13, 2022, 07:10:33 PM
 #97


So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
In gambling the higher the risk, the higher the gain. Also as a gambler you make your own decisions based on your experience and convictions about a particular game. But for me, I am not very greedy. Regardless of how small might win seems, I would cash out instead of waiting to win big. There is a very high chance that you might loose all if you don't collect your win. But OP you were brave enough expecting to win more. If you had won that game, you would have been celebrated by all, but because you lost, everyone is blaming you. But for me, I would cashed out immediately. 

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November 13, 2022, 07:13:55 PM
 #98

...

So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash

if I were you then I would cash out 70% of the winnings and put the rest as capital back for my next betting. The hard rule that you have to remember is never to be greedy in gambling, greed will get you screwed, and many gamblers actually lose big after winning big, it's all because they are greedy and too confident they will win more in the next round. hope you make the best decision!




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November 13, 2022, 08:48:23 PM
 #99

Menh it is no easy to be a gambler. Well that the life
"NO RISK NO GAIN"

You're right on this but there should be a time that you should moderate your greed from $70 to $389 is already good to cashout

recently I placed a bet on different soccer games and I  staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.

Quote
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I  was given a  cash out of about $389 and the matches remaining was just one game  so I decided not to take the it...i decided to be a  brave gambler and wait for the last game to be concluded and then collect the full money

But the last  game didn't turn out the way I wanted it and I lost that $389

I have faced similar situation before and most times I often collect the cash that comes as a  cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a  little chunk of it..

So what would you advise as a gambler? is it better to collect the cash-out or wait for the full cash
You have to live with it, its better to cashout with profit than have no cash out at all, but if you're having a good run then that will be the time to go for it, it's not only for sports betting that this scenario applies even in luck based you can face with this situation.

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November 13, 2022, 09:42:01 PM
 #100


So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
I have experienced a similar situation many times on stake.com, and several times, i have refused to take the cash out offer and ended up loosing the game and the entire money.
But there are other times when i take the cash out and the game later pulled through and i start blaming myself for taking the cash out.

to be sincere, what i have learnt from experience with cash out is that accepting to cash out or not solely depends on how sure you are on winning the remaining or not, if you are very sure that the game will play out in your favor. then it makes no sense accepting a cash out offer, but if you are  not sure about the outcome of the remaining game(s), and you are being offered a cash out that is way above the amount you staked, I think if it is me, I will accept the cash out and will never look at the game again, so as not to feel any regret just in case the game later turned out as i had predicted.

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