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Author Topic: cashout or wait till the end?  (Read 1697 times)
Docnaster
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January 18, 2024, 11:00:39 PM
 #141



cashing out or waiting till the end of game which is more better?
i guess that it all depends on the situation involved. I know that people are basically very stubborn when it involves cashing out before the end of a game because of what I feel is a bit of greed and some thought in the mind that they will still win after the end of the game.

That's what is called maturity in gambling, the ability to know when to stop and when to continue. If it's me, I would coach out with having a second thought. It's better after caching out the game plays well and I loose the rest of the money that waiting till the end of the game and loosing out on all my money.

Remember the proverb that says that a bird in hand is far better than thousands in the bush. Let wisdom always be your watchword.
Personally, I think there are factors that determines if a gambler is gonna cash out from his his winning before the end of the game or  probably wait till end to confirm his winning or loss. For example, today staked on a particular game for the team with lesser chances of winning to win the game and during the second half of the game, my preferred team scored and which made the gambling company to give me over 70% of my potential winning which I told my friend about it and he advised me not to cash out which I obeyed his instruction and luckily for me I won that particular game

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January 18, 2024, 11:40:44 PM
 #142



cashing out or waiting till the end of game which is more better?
i guess that it all depends on the situation involved. I know that people are basically very stubborn when it involves cashing out before the end of a game because of what I feel is a bit of greed and some thought in the mind that they will still win after the end of the game.

That's what is called maturity in gambling, the ability to know when to stop and when to continue. If it's me, I would coach out with having a second thought. It's better after caching out the game plays well and I loose the rest of the money that waiting till the end of the game and loosing out on all my money.

Remember the proverb that says that a bird in hand is far better than thousands in the bush. Let wisdom always be your watchword.
Personally, I think there are factors that determines if a gambler is gonna cash out from his his winning before the end of the game or  probably wait till end to confirm his winning or loss. For example, today staked on a particular game for the team with lesser chances of winning to win the game and during the second half of the game, my preferred team scored and which made the gambling company to give me over 70% of my potential winning which I told my friend about it and he advised me not to cash out which I obeyed his instruction and luckily for me I won that particular game

That is also a good factor as you pick the underdog and you already accept the fact that the chance of losing your bet is possible
but with the opportunity to earn much better you decide to keep on it even you already have the chance to cash it out, and luckily your decision brings you the win that you really aiming.

It's true, depending from how a gambler set his expectation and how he treats his gambling position, though maybe for some there's always an influence of the amount of money that in stake to decide.

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January 18, 2024, 11:58:33 PM
 #143



cashing out or waiting till the end of game which is more better?
i guess that it all depends on the situation involved. I know that people are basically very stubborn when it involves cashing out before the end of a game because of what I feel is a bit of greed and some thought in the mind that they will still win after the end of the game.

That's what is called maturity in gambling, the ability to know when to stop and when to continue. If it's me, I would coach out with having a second thought. It's better after caching out the game plays well and I loose the rest of the money that waiting till the end of the game and loosing out on all my money.

Remember the proverb that says that a bird in hand is far better than thousands in the bush. Let wisdom always be your watchword.
Personally, I think there are factors that determines if a gambler is gonna cash out from his his winning before the end of the game or  probably wait till end to confirm his winning or loss. For example, today staked on a particular game for the team with lesser chances of winning to win the game and during the second half of the game, my preferred team scored and which made the gambling company to give me over 70% of my potential winning which I told my friend about it and he advised me not to cash out which I obeyed his instruction and luckily for me I won that particular game

That is a good winning mate congratulations for your win. And for your friend who advised you to not cashout early because he will know that you can make a good win in the end of the game,  also that's  a good pick cause your team was a very good and Lucky enough to win their match and also they bring you some good win.  Anyways  the  prediction is good in this game but in other game we can't say that the outcome is still the same cause in gambling luck is the best bases.

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January 19, 2024, 12:00:04 AM
 #144

That is a good winning mate congratulations for your win. And for your friend who advised you to not cashout early because he will know that you can make a good win in the end of the game,

Case to case basis. There's a question of "what if" if the event turned out losing on the other hand.

There will be an assumption that it's always good to cashout instead of pushing it more on the end.

Although what I always do is, just to wait until the end and dare to challenge my luck.

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January 19, 2024, 12:29:10 AM
 #145

How would you feel if you had the opportunity to cashout this amount, and later loose all?

most times people always find it difficult to cashout their fund when they have the opportunity,  due to having that mindset that they want to go home with the Goody bag. by so doing Sometimes the game will end without them winning a dime. but loosing all to nothing. while some will cashout, and later the game will end well and they will start regretting why dey didn't wait to the final.
now my question this,

cashing out or waiting till the end of game which is more better?
To each their own I guess but I will take the money without even batting an eyelid, I know that the amount show on that betting slip in the case of a full win is massive and will change the lives of most people out there, assuming those numbers represent dollars.

However the amount offered is also very important, and if you are a good investor you could easily make out some of the difference by just investing in bitcoin and hold for longer than a year, so if I was in that position I will get the money and never look back.

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January 19, 2024, 02:15:57 AM
 #146

If that happened to me, I wouldn't think long about not cashing out because that alone is enough to give me a very big profit considering the stake is also quite big (for me) because I think cashing out that amount of money is a very big profit. We can rarely cash out that much money and we shouldn't be too greedy to want to get more remembering that sometimes there are always surprises that we don't expect. Don't wait until the final and your bet fails because it will be even more painful for you so it's better if you have an opportunity like that. It's better to cash out and enjoy your winnings so you don't regret not cashing it out.
Would be hard to do that if that ever happened to you because there's a what if that's going to happen when you're in that position, that what if being that "what if I continue and make more money from the win?" at that time you will be torn about cashing out and thinking of the things that could have happened but hasn't happened yet. Sure that's the thing that we should keep in mind, "not be greedy" but the problem is that your mind is racing at that point and you can't think straight because your neurons are firing up because you're trying to process all the possibilities and the what ifs that can happen if you do this or do that which ends to a point where you forgot the thing the right thing to do.
Indeed, I have never experience such a big wins in my life, but I once won a bet when I was given the opportunity to cash out and I don't regret it even though the result was not as big as the initial opportunity I played. And in the end my bet lost and I was lucky because I took out my money first cause I almost lost my betting money and the winnings, which in my opinion were not too big. At least if we have been given the opportunity to make a profits, it is better to cashout it immediately rather than regret it if in the end your bet loses.

It is indeed difficult to control ourselves when we are in a different situation, especially if we are in a situation like OP, maybe we will be face with confusion between continuing or cashing out the money because the gambler mind usually want a big win and thinks that it is your luck to wins big. However, you need to knows that sometimes greed always ends in bad thing.

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January 19, 2024, 05:57:52 AM
 #147



cashing out or waiting till the end of game which is more better?
i guess that it all depends on the situation involved. I know that people are basically very stubborn when it involves cashing out before the end of a game because of what I feel is a bit of greed and some thought in the mind that they will still win after the end of the game.

That's what is called maturity in gambling, the ability to know when to stop and when to continue. If it's me, I would coach out with having a second thought. It's better after caching out the game plays well and I loose the rest of the money that waiting till the end of the game and loosing out on all my money.

Remember the proverb that says that a bird in hand is far better than thousands in the bush. Let wisdom always be your watchword.
Personally, I think there are factors that determines if a gambler is gonna cash out from his his winning before the end of the game or  probably wait till end to confirm his winning or loss. For example, today staked on a particular game for the team with lesser chances of winning to win the game and during the second half of the game, my preferred team scored and which made the gambling company to give me over 70% of my potential winning which I told my friend about it and he advised me not to cash out which I obeyed his instruction and luckily for me I won that particular game
No perfect advice or decision for gambling, you may cashout when you feel it is time and it will be a good decision at that time, but at times, it will be a bad decision seeing that what you would have done but didn't do became a big win for others. This is why we should just continue to try our best in gambling and not feel hurt when we miss out or feel too excited when we win. It is all about the game and when we are right, we should just be thankful and hope for a better one next time. The reason for the advice is to avoid too much emotion, and that gamblers often make mistakes and think only about what happened today, but not minding what could happen tomorrow.

I saw that because you asked your friend before you made the decision, what if he was wrong? That is why we need to plan ahead. Making the right decision today doesn't cover for tomorrow, and for you to have asked your friend means that you were not ready for the game before you played it. If you were ready, you would be able to decide all by yourself. You will know the budget and plans for the game and what you will do no matter what. This is advised in gambling, even before you play, you know all what to do in the gambling house or on the platform beforehand.

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January 19, 2024, 06:19:40 AM
 #148

It's true that gamblers all have the desire to win and as such are striving to making sure they are always victorious after  gambling and in some cases, I think gamblers need to control that urge and taste of being victorious always because that alone could make them blind and insensitive not to see and know when to call  it a quit. At some point, a gambler should be sensitive to know that when given an option to choose between cashing out or continue to the end. It is expected that as a reasonable human being or gambler you should go with what you have seen than that which you know not because it is unpredictable as you can not tell the end results as it would be so when given the opportunity to Cash out, it is expedient that you  take home with your pay otherwise you would likely regret for not making good use of the opportunity when it presented itself.
There are players who, due to their character and emotional intelligence, will never bet on a cashout, because for them there is no limit on victories and money won. Of course, he can cash out after the jackpot, but then he will still deposit this money and lose. We must remember that at some point we must have a mandatory stop, otherwise failure and disappointment await us. We must remember this when entering gambling; it cannot be neglected like most players. Do you know any players who won and left gambling forever? I think this is a difficult question not only for us.

Now imagine that these people really exist, who won the jackpot and never returned. When they spent their money, I’m just sure that they had a desire to come back again and try to win more, this will most likely torment them throughout their lives.

It is rare to see or hear of any gambler who called it a quit after winning big. They only go on a short term break and are back to continue from where they stopped. This has been the norm but if there are some that stopped entirely, I have no idea about them but what I know is that most of them are just being disciplined and exercising self restraint so as not to be carried away by their wins. The option of cashing out when the option avail itself should be a good opportunity because the final results might not go down well. So taking advantage of the situation matters too to avoid a sad and devastating end results.

Yes that's true because I think those who have won big will of course have the thought of going back to gambling because it could be that they also want another win so it's rare for them to stop when they've won but what's clear is that when they've won they actually many of them still continue their gamblings without stopping to rest.  and if there are people who win and then they immediately cash in the winnings and go to enjoy their winnings I think the steps they took were correct.

It's rare for people to gamble with good discipline many of them continue gamblings when they have won even though the best thing is to cash it in I mean even though it's their own right, of course they also don't want losses to happen to themselves and if they do They don't want that to happen they have to be able to gamble intelligently as you said it's rare to find gamblers like that.  because the temptation of gambling is also very difficult to avoid.

Truly the temptations of gambling is very difficult to avoid not to talk of when you have gambled and win or losing your gamble and wanting to recover back your losses. It takes self discipline and restraint to making sure one have that control of always taking a break when the odds are against them. When as a gambler you win big, it sometimes would make you want to continue gambling to win more because you have just won a big amount of money and can cover your gambling cost with it but  as a responsible gambler, you should know that it is time to take a break from gambling because the more you continue to gamble, the more tendency that you would lose your wins to the casino as the game is always in the favour of the house which is the normal and you should know that your win is just by chance or luck if you may like and you be wise and fast enough to go home with it.

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January 19, 2024, 06:38:44 AM
 #149

That depends, what's the currency? If it's USD, GBP, EUR or any other kind of cash that's more valuable than my local currency then yes I would cash that out, I don't really care about the certainty or the uncertainty of the bet even if I'm wrong, that amount of money is still enough to get me to an early retirement by about 20 years and that retirement wouldn't be a frugal one and full of waiting for the paycheck and then sit or lay on bed for the rest of the day, it will a travel to a lot of places kind of retirement. I can see myself waiting it out until the end though, there's no way that you're not tempted of the potential win like that, the buyout is around 30 times the potential so some might wait it out. If you're the kind of man to risk 3k in a bet, I don't think that you would mind not waiting until the end and risk losing it all, another opportunity like that will come anyway and maybe next time you can grab them.



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January 19, 2024, 06:42:05 AM
 #150

However the amount offered is also very important, and if you are a good investor you could easily make out some of the difference by just investing in bitcoin and hold for longer than a year, so if I was in that position I will get the money and never look back.
This is exactly what every rational mind will do. But then certain questions always surround the mind of a gambler in deciding whether to cash out or not. The gambler always considers his stake, number of games remaining to win the bet, the disparity between what has been given as cash out and the potential win.

However, flowing from the analogy given, the gambler has made so much already and so cashing out the game is the perfect option reason been that he will be making x300 of his stake which is a very huge profit. In addition, only a greedy person or someone who doesn't understand the nature of gambling will not cash out that game.

Sometimes, what I do when I have a reasonable cash out is that, I cash out the game and then re-stake on the other games remaining in a bid not to lose out completely. I will advocate here that, gamblers shouldn't be greedy by aiming to win so much in one bet. Win little by little and you will get the best out of the game.

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January 19, 2024, 06:53:47 AM
 #151

Take the money and run.

Gambling is a negative sum game for the player. When you had the chance to get away with positive returns, you just do that. If you keep playing, not only you will lose what you have, you will go negative. You had a good run, now you should enjoy your newly found wealth. I am saying all that but I also know that you won't listen. It is because you made this money from gambling and you will lose it the same way...

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January 19, 2024, 07:24:18 AM
 #152

How would you feel if you had the opportunity to cashout this amount, and later loose all?

cashing out or waiting till the end of game which is more better?

As I can see on the image you provide, there seems to be an option to cash out partially. If it is true, I'll decide to cash out partially (maybe 50%) and keep the other 50% run till the end. This way, at least I save some money in case the bet will lose eventually but of course cash out partially or fully while the bet is still running may reduce our winning if the bet will be a full win eventually. So basically there are 3 options in this case; cash out partially, cash out full, and let it go. Which one is better? I cant say it as it can be depending on some factors like our plan, our other bets if any, our courage, our confidence about the bet, etc.

.
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January 19, 2024, 07:59:31 AM
 #153

~
Not being greedy is the key to everything when we can get that much money from our bets. If they see a lot of money like that, we better cash it in before everything changes because when it changes, we will miss the moment to cash it in and regret it. With that much money, we can use it for our needs and also prepare our future so that it can be better. We can also open a new business that can help us make even more money. We have to be wise in situations like that and must be able to suppress greed because we don't know what will happen at the end of the game. And because we can see the huge amount of money, we should cash it in. But if people still want to wait until the game ends, we can't force them because that's up to them.
I agree, you're right that not being greedy is the key but think about this, can you really do it if this really happened to you or to anyone here in the thread? The answer wouldn't be genuine no matter how much we want to believe it because there's no way to really prove that we will be doing what we're saying, you know the thing about all bark no bite thing, can we really follow up on what we're saying? The optimal thing to do as you've said is to just get the offer but the problem is that you'll be asking a lot of what ifs in your brain, what if I stay and let this pan out? What if I just go for it? The burden of regret is too much sometimes so even if we do believe that we're going for the cashout option, some part of us is itching to risk it all.



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January 19, 2024, 08:20:21 AM
 #154

Sincerely i wont hesitate to cash out. The amount used to stake on the screenshot you shared is quite small, now the potential winnings is huge as well as the cash out is huge as well. I wont be greedy to wait till the end. This is because the cash out amount is enough for me to stop gambling and start another life outside of gambling.
I think it is the best decision to take, the money for cashout so far is a huge money to go with, for me I will cash and even if I do and the remaining game ends with win I won't regret it because it is not also a lose for me . Just imagine I continue to wait for the game to end and the game cut it will be a big ose for me going back with nothing. Greed has made so many people to lose in gambling, it is always advisable to go with the profit one has made in gambling because waiting to get it all you can't tell what the end result would be like . The games that has entered us a big win for one to go with.

R


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January 19, 2024, 08:24:39 AM
 #155

~
Not being greedy is the key to everything when we can get that much money from our bets. If they see a lot of money like that, we better cash it in before everything changes because when it changes, we will miss the moment to cash it in and regret it. With that much money, we can use it for our needs and also prepare our future so that it can be better. We can also open a new business that can help us make even more money. We have to be wise in situations like that and must be able to suppress greed because we don't know what will happen at the end of the game. And because we can see the huge amount of money, we should cash it in. But if people still want to wait until the game ends, we can't force them because that's up to them.
I agree, you're right that not being greedy is the key but think about this, can you really do it if this really happened to you or to anyone here in the thread? The answer wouldn't be genuine no matter how much we want to believe it because there's no way to really prove that we will be doing what we're saying, you know the thing about all bark no bite thing, can we really follow up on what we're saying? The optimal thing to do as you've said is to just get the offer but the problem is that you'll be asking a lot of what ifs in your brain, what if I stay and let this pan out? What if I just go for it? The burden of regret is too much sometimes so even if we do believe that we're going for the cashout option, some part of us is itching to risk it all.
Really that easy to say but it would really be that hard to do when you are on the actual situation or similar situation on which you wont really be that making yourself that having that easy decision specially on the time that you do already have doubts about on the game results basing up on what you had observed or really just that simply with gut feeling on which it would really be that pushing for you to cash out earlier.
Its not really that easy but if you are really that trusting up your bet then you would really be waiting on it until it would end but if you do really have those doubts then it would really be giving that kind of hesitation
or anxiety.

Take the money and run.

Gambling is a negative sum game for the player. When you had the chance to get away with positive returns, you just do that. If you keep playing, not only you will lose what you have, you will go negative. You had a good run, now you should enjoy your newly found wealth. I am saying all that but I also know that you won't listen. It is because you made this money from gambling and you will lose it the same way...
If you are really that trying to compare on what you could possibly earn upfront and on the potential winning that you could get if it would be finished then
you would really be having the hesitation specially if the gap is really that too wide on which it would really be causing up that kind of
hesitation which would be leading into some stress and impulsiveness when it comes into your decisions.

R


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January 19, 2024, 08:45:46 AM
 #156

That depends, what's the currency? If it's USD, GBP, EUR or any other kind of cash that's more valuable than my local currency then yes I would cash that out, I don't really care about the certainty or the uncertainty of the bet even if I'm wrong, that amount of money is still enough to get me to an early retirement by about 20 years and that retirement wouldn't be a frugal one and full of waiting for the paycheck and then sit or lay on bed for the rest of the day, it will a travel to a lot of places kind of retirement. I can see myself waiting it out until the end though, there's no way that you're not tempted of the potential win like that, the buyout is around 30 times the potential so some might wait it out. If you're the kind of man to risk 3k in a bet, I don't think that you would mind not waiting until the end and risk losing it all, another opportunity like that will come anyway and maybe next time you can grab them.

Since OP posts in Nigerian local board, I suppose these is Nigerian naira (NGN) displayed. He has placed ~$3 bet, and can cash out ~$2.1k or wait and get ~$35k. I dont know much about gambling in Nigeria and havent done a research about their salaries, but I would have waited till the end. Its x11666 from a base bet. Such opportunity might come only once in life, so I would get maximum of it. I cant imagine what kind of bet or bets he has made to get such a multiplier. But if he has managed to get it, I would wait till the end, as this looks like a life changer.

R


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January 19, 2024, 09:13:49 AM
 #157

Take the money and run.

Gambling is a negative sum game for the player. When you had the chance to get away with positive returns, you just do that. If you keep playing, not only you will lose what you have, you will go negative. You had a good run, now you should enjoy your newly found wealth. I am saying all that but I also know that you won't listen. It is because you made this money from gambling and you will lose it the same way...
I think this is a wise decision you have shared here. Once you are ahead in gambling always take it as an opportunity to exit and enjoy your profit. Gambling does not give people these chances often. As the percentage of people who lose in a day is greater than the percentage that wins.

Buddy, do you know that there are also people who will continue gambling when they are on profit. What they mostly do is that they remove their capital and start making use of their profit to gambling. It's hard to convince that kind of gamblers to stop gambling when they have already got some profit. I believe that they have a targeted profit that is why they are refusing to quit. 

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angrybirdy
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January 19, 2024, 09:49:05 AM
 #158

Take the money and run.

Gambling is a negative sum game for the player. When you had the chance to get away with positive returns, you just do that. If you keep playing, not only you will lose what you have, you will go negative. You had a good run, now you should enjoy your newly found wealth. I am saying all that but I also know that you won't listen. It is because you made this money from gambling and you will lose it the same way...
I think this is a wise decision you have shared here. Once you are ahead in gambling always take it as an opportunity to exit and enjoy your profit. Gambling does not give people these chances often. As the percentage of people who lose in a day is greater than the percentage that wins.

Buddy, do you know that there are also people who will continue gambling when they are on profit. What they mostly do is that they remove their capital and start making use of their profit to gambling. It's hard to convince that kind of gamblers to stop gambling when they have already got some profit. I believe that they have a targeted profit that is why they are refusing to quit. 

Indeed a smart and wise decision, I hope that many players will read this and apply it to themselves once they play. I agree with you that if we are experiencing large winning, there's nothing wrong to stand up and end the game for a while because you need to think carefully on your next move. It's a good plan to enjoy first your winnings or just like what others do, they always save first their winnings and they keep the other money that they only need in their pockets, In that way, they can minimize the risk of losing all the money that they have.



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January 19, 2024, 10:01:50 AM
 #159

I would rather withdraw the money than have to wait for it until the end because we don't know what will happen in the future whether we will make a bigger profit or lose it all, opportunities like that don't come twice so if we are in that situation don't Having high expectations and winning a larger amount than later can cause disappointment for yourself.
Maybe for most people when they are in a situation like that they will assume that it was luck right then and there and if they withdraw it now it will make them regret it if the bet ends up winning therefore most people who might want to win bigger wait until the end and see The result is different from the attitude of gamblers who feel satisfaction regardless of the result rather than having to lose it all.



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January 19, 2024, 10:07:36 AM
 #160

Quote from: mindrust
Take the money and run.

Gambling is a negative sum game for the player. When you had the chance to get away with positive returns, you just do that. If you keep playing, not only you will lose what you have, you will go negative. You had a good run, now you should enjoy your newly found wealth. I am saying all that but I also know that you won't listen. It is because you made this money from gambling and you will lose it the same way...
That is the best thing I will do when the bet get to such condition because, if you want to wait to see the end of the prediction, you may miss the whole money but since you saw where the bet gotten to, you can cash out to go and celebrate for the good decision you make.

Gambling is a deep something many people are still finding it difficult to understand because they don't want to take little opportunity to cash out and wait for bigger opportunity to come before they can win big in another day.

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