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Author Topic: cashout or wait till the end?  (Read 2133 times)
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January 16, 2024, 03:06:59 AM
 #41

It is a good question and is something that all gamblers will face at a certain moment. Depending on the situation, but whenever I had a similar situation, I would most often cash out just to have some winnings. Sometimes that was the right decision, sometimes not but that’s gambling.



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January 16, 2024, 03:19:16 AM
 #42

That's a big multiplier. If given a chance, I will cash it out without any regret on whatever will happen next. I mean, that's from a low amount multiplied many times already. I might have cashed it out earlier than that. Cheesy
I've done this before in a table tennis 30-game leg parlay and once I saw that my multiplier went to x50 I didn't even think twice about cashing it out when I was given a chance to press that button. I am not a greedy type when it comes to parlay, sometimes I just set a long parlay if I am away it will keep on running but whenever I am in front of my computer, I will press that button if I see a good profit. We could always just set a new parlay and that way we are not afraid that we will lose it. Sure, the multiplier will be different and it will reset to zero but we should have a goal at what point we want to withdraw.
Greed can cost us everything and I've learned my lesson many times in sports betting parlays. I've seen some regretful things too because of my greed even though I was given a chance to cash it out. Let's just say I learned my lesson the hard way, or the regretful way and now I don't do that anymore.
In parlay, I am happy if I can hit x50 - x100 and I will certainly cash it out even if it's not over yet.

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January 16, 2024, 03:50:34 AM
 #43

It depends on how we bet, if cashout feature appears with an amount of profit that we feel is quite adequate then clearly choosing cashout is the best way and can minimize unexpected things such as losing.
But the amount of the bet is also supporting factor, if it is only small bet then I personally would prefer to continue betting.

Usually I bet on football using multi bets and when all the matches are finished and with one last match remaining, I will do research again to determine whether the bet I made in the last match has chance of winning or not.
If it not convincing then I will definitely do cashout and of course I do things like this quite often.
Learning from experience made me realize that we can't achieve all our hopes and of course minimizing or taking precautions is much better before really regretting it because of mistake in taking action.

The average gambler is blinded by the chances of winning and they forget that the percentage of failures in betting could happen more easily.
We as gamblers must be wiser, we must be able to make the right decisions and try as much as possible to minimize losses.

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January 16, 2024, 04:00:02 AM
 #44

Other casinos offer a lock period once you have already put your bet, but some of them recently now offer a cashout feature to allow the player if they want to cut loss their wages,  if they think that the time is already turning over or considered as loss ideal to the percentage of it than nothing to claim it back, but if you know the risk and confident with the teams playing you can hold until the game ends most of the sports game have an unexpected outcome of the game so if you already there to risk why not go for it.

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January 16, 2024, 04:35:49 AM
 #45

cashing out or waiting till the end of game which is more better?
If I staked $3158 and cashout to win almost $1.85 million? Or to wait and win $31.639 million? I will not wait two times to cashout and receive $1.85 million instead. $1.85 million is not a small amount of money at all, especially in my country. That means I am already a very wealthy person.
I mean if anyone is willing to take such risk when he or she has been shown this such amount of profits then I guess the person might be DRAKE himself or the funds been shown to him as winning amount is nothing compared to the amount he normally gets or has lost more and more and now his gree is playing on him thinking that if he leaves it maybe that maybe he could recover of the whole 31+ millions comes Instead of the 1.8million, although one thing is very clear from my own angle and that is I won't waste time to collect that money.











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January 16, 2024, 04:38:59 AM
 #46

So is it your local currency or in dollars?

I wonder the same thing too, and I think if the screenshot is from the OP's account it will most likely be from his local currency.

It is obviously better to do the cashout, what happens is that doing so does not prevent you from ending up betting it and losing everything. There are not rare cases of people who make a cashout to deposit it all again after a while, bet it and lose it all.

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January 16, 2024, 05:21:29 AM
 #47

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

That purely depende on a few factors.
People have different perspective on what is considered small or big amount of money, so, that means if $1,000 is considered a small amount for a certain person, then he won't probably going to withdraw until he gets $100k.
Another factor is, when the huge winning comes too early, that means a person would think he still have plenty of time to spend in gambling and that he could get even more luckier to multiply on what has been a lucky start already.

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January 16, 2024, 05:33:49 AM
 #48

It is a good question and is something that all gamblers will face at a certain moment. Depending on the situation, but whenever I had a similar situation, I would most often cash out just to have some winnings. Sometimes that was the right decision, sometimes not but that’s gambling.
I second to this, yes there is a saying that you should see it until the end and take the risk whether the result will be a win or not, but the thing is in gambling its up to the gambler on how will he manage its win, so If I were to have that kind of money that is available for cashing out, without a doubt even the game or gambling session is not finished I will secure some, I have a principle of its better so secure some amount than nothing and I will never regret that decision, because I know the feeling of losing all the money you have from the start or from the point you have huge winnings, so I set a better limit and discipline to myself, If I have a fair amount of winnings then securing some will be a good move and in fact when I secure some of my winnings I will be less worried and stress while still gambling, because I know no matter what happen I can bring something, and it end up well because sometimes I will earn more as I feel more confident and relax.

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January 16, 2024, 05:43:40 AM
 #49

I would not even think twise about hitting that "cashout" button. You already multiplied your stake several times over (600 times), so why risk that for a chance to lose everything?

I reckon if you have enough money to stake bets like that, $1.8 million might not be a lot of money to you... but it is life changing for a lot of other people.

I will take the $1.8 million and live to fight another day.  

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January 16, 2024, 06:19:07 AM
 #50

cashing out or waiting till the end of game which is more better?
If I staked $3158 and cashout to win almost $1.85 million? Or to wait and win $31.639 million? I will not wait two times to cashout and receive $1.85 million instead. $1.85 million is not a small amount of money at all, especially in my country. That means I am already a very wealthy person.

I agree. What kind of person would pass up 1.85 million USD just because he feels like he is having a lucky day? If anything, he should feel like he just used up a lifetimes worth of luck to get to that kind of win. That kind of irrational and rash thinking is what gets people into trouble in the first place.

This is why I tell people not to go into the world of gambling with a goal other than having fun. Once they start expecting a solid and steady income or a miracle to happen, thats when they start betting amounts larger and larger the more that they lose. Because they demand their expectations to be met. Even if it takes all their money.

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January 16, 2024, 06:19:52 AM
Merited by Yamifoud (1)
 #51

Everybody should set, more or less, limits and targets before betting, so as to not lose their way whatever happens.

If the numbers in the OP are in dollars, then it is enough to retire in most countries in the world, so, unless the player is already rich and doesn't need that money, it wouldn't be reasonable to lose one's mind and risk it.

It wouldn't be reasonable either to withdraw and come back in a month, a year or a decade and lose it all, going back to the starting point. I think that, in the rare occasions where that happens, one should consider quitting gambling forever and living an easy life. I think that after the adrenaline rush it is easier said than done, and that's why planning ahead (and sharing the plan with your loved one's who will remain more objective than you if you) is key.

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January 16, 2024, 06:20:37 AM
 #52

cashing out or waiting till the end of game which is more better?
At a time, we preaches that it is wise if only gambles with the sun of funds we can tolerably lost without a regret but reverse be the case at when such opportunities like this of cashing out comes and we tends to keep in the risks while expecting a finally winning to make a full dose of cashout and finally the game cuts off leaving one with a zero cash winning, at this point there would be a whole points to regret because we just implied greed to the game on the process of having the chances to secure some side payments but we greedily turns off the offering chances.

At this point, the sum of cash that is displayed for on a timing cashout would definitely be assumed the gamblers own total sun of money and due to how attractive the sun of the cash would be, it then turns an amount of money that is not tolerable to be lost because the emotions would keep acting you to regret worries with all factors of queering yourself and whole lot of emotional broken down self tortures.











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January 16, 2024, 06:33:00 AM
 #53


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?

It depends to a situation and the amount, if ever that I reached my target winning amount, I won't hesitate to cash out the money. I don't want to miss the opportunity of having huge amount and I don't want to regret it in the end. If ever that happens, there's a big possibility to chase the losses which is not good because it will lead you to more losses. Sometimes we have to be contented and we should follow our self rules and limitations. In that way, we can show how responsible we are in gambling.



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January 16, 2024, 06:53:23 AM
 #54

if i look at the situation you gave, maybe i will immediately cash out without thinking again, because the stake amount is quite small and the amount of money that can be withdrawn is quite large, so i think withdrawing is the best decision. also by withdrawing immediately i can secure the winnings rather than waiting for the money to decrease when several matches are not in line with my predictions, instead of having to regret it then it is better to withdraw immediately.

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January 16, 2024, 07:08:44 AM
 #55

If it were me who could get that kind of money, I would cash it in immediately and wouldn't wait long. Things could change quickly and I would regret not cashing in. Instead of regretting it, I'd better take action immediately. After all, if it's big money, I don't want to wait until the game is over because that also doesn't guarantee I can keep getting that much money. Especially if it turns out that my betting team loses because the situation reverses. That would be my biggest regret. But usually, some gamblers dare to take the risk of waiting until the match is over because they feel it is still worth the wait, especially if they are sure with their analysis that their chosen team will not lose. Well, it will be up to them to decide.

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January 16, 2024, 07:08:55 AM
 #56

cashout is the only solution to achieve an high amount of victory. maybe you don't win a full pot, but you can use it like an "insurance" that allow a sure win!
Personally most of my bets are closed with cashout even if there is not much risk for a loss Smiley

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January 16, 2024, 07:09:30 AM
 #57

cashing out or waiting till the end of game which is more better?
If i'm in such situation I will probably choose the safer side and that is to cash out already because it's a sure money. The amount is already decent to enjoy and it's given in front of me so I will not refuse it. Even the outcome (if I waited) is in favor to me, that would be fine. I might have a little regret but it's gambling, you'll never know what's going to happen next.

Anyway, this still depends for every gamblers since we have our own way of thinking. There might be gamblers who have guts and firm on taking risk while others might just chose to give up and cash out the money.

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January 16, 2024, 07:35:40 AM
 #58


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?

There are advantages and disadvantages to this. The advantage of cashing out is that you won't lose all of the money if the game doesn't go as anticipated. However, the disadvantage is that we will be a little let down if we cash out and the game ends up going as planned because we were hoping to win a lot of money.

Though i have experienced all of this when it comes to gambling, whenever i try to leave my game in the hopes that it will turn out the way I expected, I will lose the game, and if I try to cash out, so that i won't lose my money like the previous times, some will turn out as i expected it. Then i made a promise to myself that I will always cashing out my games when I see that I have win money than the money i use to predict, it's better not to be greedy and lose everything at once. I can't loose any kind of this opportunity, which means, if I were the one with the money to win, I would cash out because losing all would hurt more and I wouldn't know when I would get lucky again.

R


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January 16, 2024, 08:01:24 AM
 #59

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

No matter who it is would feel bad for having such amount at his disposal and losing it all. This is the kind of angle gambling would put you on several occasions but we just need a strong mindset and prayer to be able to make the right decision in order not to lose at such situations.

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

It is very painful when you cashout $1.8m dollars and later won the remaining games where you would have won $31m if you had been patient. IMO i just think whatever decision we make in such situations is a good decision but in this case my condition would determine whether to cashout or not, i would cashout the $1.8m if i am in need of money.

 
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R


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January 16, 2024, 08:05:15 AM
 #60

It is a good question and is something that all gamblers will face at a certain moment. Depending on the situation, but whenever I had a similar situation, I would most often cash out just to have some winnings. Sometimes that was the right decision, sometimes not but that’s gambling.


There's no way you won't find yourself in a situation where you have to decide whether to cash out or wait until the game is over. When that happens, sometimes you won't know what to do because your initial decision might not work out the way you had hoped. However, if you cash out early, at least you'll still have some money instead of finishing the game empty-handed. Furthermore, cashout is advantageous since, in my opinion, no one would still be whining about it if it weren't for greed. But the truth is that if you cashout and the case might be that you will win then you will be affected definitely you will become emotional.

Other casinos offer a lock period once you have already put your bet, but some of them recently now offer a cashout feature to allow the player if they want to cut loss their wages,  if they think that the time is already turning over or considered as loss ideal to the percentage of it than nothing to claim it back, but if you know the risk and confident with the teams playing you can hold until the game ends most of the sports game have an unexpected outcome of the game so if you already there to risk why not go for it.
Not only other casinos, but you will also receive early cashout after placing your bet; if you miss the deadline, your account will be locked and you won't be able to pay out again. You can see that this is a really difficult choice to make. Either you win something, or everything is lost. Professional gamblers adhere to strict guidelines and refuse to cash out regardless of the outcome, demonstrating that there are occasions when taking a chance is worthwhile. We also know that cashout lowers risk and that everyone can win, therefore the only way to find out is to try it.

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