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Author Topic: Would you cashout or wait for the game to conclude?  (Read 588 times)
Casdinyard
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April 28, 2024, 10:55:29 PM
 #21

You've already multiplied your initial bet tenfold, to not pull out from this bet and grab your earnings is just downright greedy for me. And if you're like that I sincerely hope you lose the bet so you feel the full weight of regret and from then on be more calculating with your money. And I mean this 100%. If this was money you just got from your bank account, somehow, that is. You'd take this in fear that the bank might realize something was up and perhaps take it away from you. So why would you be so complacent as to think that if you won 12m, you could win the potential pot of 36m? That's literally not correlated to one another lol. In situations like this, where you stand to gain everything and lose everything as well after a stupid maneuver, the best course of action is locking the fuck out of that bet and getting the initial pot you just earned. No reason for you to let greed takeover anymore and hope for more.

Be more sensible people, I myself don't gamble for profit but even I know just how much you're getting out of that, and I'm making sure I'm able to secure that much money as much as possible, fuck what everybody say.


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April 28, 2024, 11:04:05 PM
 #22

Yes, I acknowledge what Oshosondy has said, and I remember that a few times on the forum, this kind of topic has been raised. The last one that I can remember is when the guy posted the games while they were still on, and he sought the advice of forum members on whether he should cash out or wait for the game to end, and he got the potential to win. Some people advised him to cash out, and some said he should patiently wait. At the end, all the games the guy predicted were successful, and when he uploaded how the game turned out, a few people gave him merit here. I can't remember the users, and I can't find the thread again. 

So, I am a gambler who doesn't get too greedy. That's why sometimes I make use of the cash out option (precisely when necessary) to avoid a dead sentence like, "Had I known?" If we look at that game, the gambler staked ₦1 million,and he is already getting more than 1000x of what he staked. That's not a bad profit to go home with, rather than risking losing it all if the game goes against him in the remaining games. We know that ₦36.7 million is a huge amount, but it's always said that a "bird at hand is more than 10 in the bush." 

I have one question for anyone reading this: which regret will be worse, if the gambler lost ₦24,263,910 had he or she cashed out ₦12,45,836 and the game finally became successful, and when he doesn't cashed out but the game was busted and he lost all the money, including the amount he staked? Which would have been more painful?

If the game fails to go as planned, he will regret not cashing out the ₦12+M, and if he has cashed out and the game becomes successful, he will still blame himself for not being patient, but at least he will be grateful for the one he has. 

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April 29, 2024, 01:12:59 AM
 #23

My answer is the same as the other thread that mentioned a similar scenario. Always ride your bets until the end of the matches, and the only time you should cash out is when you start questioning yourself about the current payout you could miss out on.

I have one question for anyone reading this: which regret will be worse, if the gambler lost ₦24,263,910 had he or she cashed out ₦12,45,836 and the game finally became successful, and when he doesn't cashed out but the game was busted and he lost all the money, including the amount he staked? Which would have been more painful?

If the game fails to go as planned, he will regret not cashing out the ₦12+M, and if he has cashed out and the game becomes successful, he will still blame himself for not being patient, but at least he will be grateful for the one he has.
From my experience, losing out on the 12m payout is the worst regardless of what happens in the last two legs. You might as well secure something out of the parlay before it falls off because the last legs of a parlay are the ones that tend to disappoint.

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April 29, 2024, 01:25:20 AM
 #24

The bet was placed with the hopes that it won and have no intention on early cashout, but usually when a player bets a large parlay like that they are hoping to get really lucky.

I can see both sides here, I personally will let the game play and go for the full amount.

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April 29, 2024, 01:40:09 AM
 #25

cashing out would make sense for me unless you already see the last few matches in your multibet that you are sure to win.  that's 12x your money through so cashing out will make you 12 ways to try it again.

i had the same dilemma when i was winning with my multibet. i end up pushing for the end. but one match with the result of a tie just blew it all. its like a nightmare when this happens. 36M is so much better of course so it's up to you.

The regret will be much both ways, but more severe if the person doesn't win any, entirely. If he cashes out he'll still make more profits and on point. However, waiting for the full game is more competitive to decide due to the amount of profits awaiting the gambler. In my opinion, if the player is sure of those teams he's selected, nothing is wrong waiting till the end. But, in a situation were those teams where randomly picked, it's crucial for the player to cash out and hold what he's got. Although, it's a both way street, he'll still not get satisfied with his decisions if his full games were positive in the end.

However, half bread is better than none. Sport gambling is not easy to predict until the game is over, one will be so busy in his thoughts on the right decisions to make. For gambling platforms to start this cash out technique it's crucial to realize that it's an opportunity for both the casino and the player to reach a mutual understanding. The house tends to lose more if the game plays completely. Hence, they offer cash out to reduce the amount of money that should have been paid to the gambler if his game were all accurate. Thereby, increasing the profits for the house. In a more critical sense, in as much as how confusing this may be to the player, it's fine to cash out. More pain will be on the gambler if he wins nothing after all the game is over.

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April 29, 2024, 01:47:45 AM
 #26

It's never an easy decision. You can already cashout 10x profit over your initial bet, but you can also keep the bets running till the end with some chance of making x3 extra profit over the already made 10x profit you have on your hands... It's a lot of money at stake and only two games left. If the games are likely to give you the winning, why not keep them until the end? It sounds the most logical option in my opinion.

However, if the final two matches are risky, I would say it's better to just cashout the profit you already made and forget about the rest. I also think it will really depend on the personality of each gambler. That is, if they are more prone to take risks or if they prefer safer decisions, instead. Always act accordingly and coherently to your personality, so you won't regret a lot later about your present decisions, if something goes wrong on the opposite of what was firstly expected.

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April 29, 2024, 03:43:02 AM
 #27

I would cash out, but I wouldn't have made such a high risk bet in first place. Something tells me that type of player who likes to make such high risk bets, so close to getting 36M would not be satisfied with 12.

For context, we're talking about $27K vs $9K, although the purchasing power of that money is greater in Nigeria than in the US.

I would prefer the $9K in hand for sure.

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April 29, 2024, 06:09:21 AM
 #28

it depends on the person if he thinks its a good money he got he can just cash it out if the guy is adrenaline junky he definitely just gonna go all in, go big or go home they said.
so if someone got money in their purse already they can just wait until the game to conclude because we are speaking about big profit if all the game concludes and nothing slipping just be sure that you are confident with the next game if not then its just better to cash out it doesn't hurt to get lesser profit than your ultimate expectation since profit is a profit.

i mean at the end of the day you can always find other game in the future with the profit that you've gotten.
if you are so good at doing this thing surely you will find your ability to be advantageous later on, try to find proper reasoning to make the decision.

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April 29, 2024, 08:23:35 AM
 #29

it depends on the person if he thinks its a good money he got he can just cash it out if the guy is adrenaline junky he definitely just gonna go all in, go big or go home they said.
so if someone got money in their purse already they can just wait until the game to conclude because we are speaking about big profit if all the game concludes and nothing slipping just be sure that you are confident with the next game if not then its just better to cash out it doesn't hurt to get lesser profit than your ultimate expectation since profit is a profit.

When you place a bet, you definitely have a strong determination and must be brave enough to take bad risks if you don't get anything. if you place a bet but are in doubt it is better to leave gambling.

If I wasn't too addicted to gambling, and didn't dare take big risks if I lost money, then I would keep some in my wallet or cash out what I had earned. but if I have made a bet, I will leave it until the game is finished.

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April 29, 2024, 08:37:51 AM
 #30

We have discussed this before. I prefer to wait till the match finish.
I remember that thread. It was the same topic just as this one.

Quote
I gamble on just 1 to 3 matches and I do not use cash out for it. But if I accumulate and the cash out is huge in amount, I will cash out. It is not good to be greedy.
It is greed that makes many a gambler lose. In my estimation if gamblers can conquer greed with a little common sense then that would be the greatest hack of any casino. Also, cashing out at that point in my books is consider a strong risk management strategy.

Hmmm, I'd probably wait? Money-wise if I was struggling then I'd definitely cash it out. If not, then I'd go all the way to the end since making the bet in the first place, the original goal was to get the 36m and not the 11m. I suppose it'd also depend on the last match and whether or not my mind changed decisions due to some news about the players or the current state of the team, but that's only if there's a change. If there's none, I'd wait, 100%.

I suppose you can say it's greed. But I'm assuming that it in this situation I have enough capability to be that greedy, if not then as I've said previously, I'd cash out.
You are a rational gambler. I also like this viewpoint even though it seems to be in contrast with my earlier comment. But this is just another angle to examine it from. I have yet to see a gambler who is not struggling though especially when I see a ticket like this, I immediately think that he wants to cash out as quickly as possible so that he'll be able to solve a problem. Still you have a valid point.

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April 29, 2024, 12:59:41 PM
 #31

36,000,000 naira is a huge amount to risk, just by using the cashout option.
It's the potential win not the amount that shall be risked.

For me to be honest, I'd choose to take that out if ever I feel happy with the win but considering that it's equivalent to around $9500 then that's already a big amount, right?

I won't finish the last game and I'd be happy to take that money. Yes, I am a gambler but I'd prefer to take that money safely because it's not that a good day everyday.

If I am not very sure about the results of the last game, I would cash out. Very rare that you will finish on the positive side. This is the usual dilemma of most gamblers, they would want to finish up until the last one will give them the bad result. I believe, you should be happy for what the good opportunity presents to you rather than aim more.
Yeah, that's what exactly why someone should just be happy with that amount in naira. In conversion to dollars, that's already $9500 as I've computed it.

I will take home with that money and will make myself some good home cooked meals using that money.

Those that are not happy with that amount, they'd go for the big moment of their lives that either they'll remember it in their lifetimes because they win or they are devastated and did a wrong decision. So, you choose your worry.

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April 29, 2024, 01:04:10 PM
 #32

I would not let myself affected on that, that ticket will win, you might blame yourself. So as a gambler, we should be aware and strong enough to control our emotion and let the game be over to check if we win or not. Because if we think of cashing out once we see a profit already, then we should not be betting with a parlay, we can just do single bet or 2 leg parlay, easier, then wait for the outcome of either win or loss.

Actually, cashing out for me is a sign of being indsicipline, because when you cash out, you still gamble on the outcome as not everytime you cashout you make the right decision, sometimes you make a wrong one because you are suppose to make bigger win but you cash out.

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April 29, 2024, 01:10:36 PM
 #33

I'd probably cashed it out.
I am weak when I am in those kind of moments. Deciding time. That's why I always take the safest route which is taking the money especially if I see profits in it.
We all have greed in our bodies but I prefer to just give up the next game and leave no regrets later. To avoid regretting it, don't watch the last games in your parlay. Stay away from it for some time and just enjoy the money. I know there will be a time that we are intrigued at what could happen if we stayed but when you also think about the profits you made and how you spent them, I'd bet it won't be that frustrating anymore if you found out you could've won it.
IMO, x50 - x150 is already a high multiplier in sports betting. If I am lucky enough to reach that then I am happy cashing it out.

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April 29, 2024, 01:14:24 PM
Last edit: April 29, 2024, 01:32:01 PM by MainIbem
 #34

The cash out amount is encouraging and the gambler must have made profit, that is why there is no need to be greedy, and allow the game to end, because just one game can cut this slip.

I have seen a lot of people that got greedy and lost the bet and also I have also seen someone that didn't cash out and won the bet. Currently, he is using the wins from that game to build his house. Personally, cash out is my best option on this. This is because I will get mad at myself if I don't cash out and end up losing. I
Exactly, we are on the same page, like i said in that post there are two things involved, it is either the bettor go with the encouraging cash out amount which I consider huge or allow the game to end to know his fate. Well if the person goes with the cashout option then his bet is not totally in vain cause he will still benefit about 11.5m but if he decide to wait for the game to end there are two things involved, it's either he wins or lose of which he will regret his actions of not cashing out if it goes wrongly. However, if he wins I must congratulate his patients, i am not a fan of such risk taking therefore I will be contented with the 12m Naira cashout which is still a huge sum of money in my country. Well there are some people who would still get angry at themselves for not waiting till the end before they cashout i  won't judge them for being greedy though, it is not bad having an extra 24m but then it's better to still be a millionaire than lose everything, just like they say (half bread is better than none).


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April 29, 2024, 01:24:40 PM
 #35

If the money that the gambler used to place the bet is the amount that he can afford to lose, and I am in his shoes, I will not cash out. I will allow the game to be complete to see if I will be able to win the total funds, since the amount I used is nothing.

If they amount is not what I can afford to loss, I will go for the cash out option immediately without any waste of time, so that I don't feel guilty and foolish for the rest of my life. This is because after cashing out, and the other games came out as predicted, I will only feel bad and get over it within a short time, but if it did not and the slip cut, I might not forget thinking about my greedy nature.

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April 29, 2024, 01:48:07 PM
 #36

Gambling is indeed full of uncertainty, therefore, never waste the certainty that we have obtained through the luck we have obtained to gain profits from gambling. If you continue betting, there is a possibility that you will make a bigger profit than you are currently making, but that is just a possibility. Because the most certain thing you will get is that you will lose what you have won and end up with a loss again.

However, as long as you have a strong belief to continue betting, and feel ready to lose what you have gained. then it doesn't matter if you choose to continue playing. Yes, just to try your luck, whether it is still valid or not. But remember, never have regrets if at the end of your campaign you will lose everything.

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April 29, 2024, 03:46:18 PM
 #37

It depends on how much money it is to you. In my case $700 to bet isn't a lot, but I'm sure  for someone in Nigeria it is big money. $9k must be life changing money for someone like that, when in Nigeria people don't earn that in a year, so trying to put myself in the shoes of the player, I'd cash out. 
The way I see it, you have to decide if that money would change your life or not. If you already have millions, a nice house and a car, a steady job, you don't need $8k that's pocket change to you, something you'd waste in a week. In such case I'd stay till the end, but if this was huge money for me, the money that would allow me to start my own business, get a better home so my kids can have their own rooms, I'd cash out.

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April 29, 2024, 03:50:41 PM
 #38

Why do i have to wait till the completion of the game when there are uncertainties enough about the game to be unlikely favorable on my side, if i can earn little and then i should be very ok with that, i don't have to make more request in waiting for the match end all because i want to meet up with the winning target, this is one of the serious mistakes so many of the gamblers often do and miss out the whole opportunity for winning the game instead of them to have earlier cash out.

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April 29, 2024, 03:56:23 PM
 #39

That's about $10k, i don't care what the supposed amount to be won is I'm most definitely going to cash out because i feel of not for greed why wouldn't you want to cash out at this point when you have got. Good amount of money in your wallet already of which I'm sure is muy more than 100% of the stake, once I'm able to exceed 200% of my stake, if i see cash out I'm definitely not going to let it slide even if eventually i get to win the game i know I'm not loosing either way because it's possible the same gams could not be won a.s your cash out would have saved the day for you then.

Whenever you have been able to make good money above your initial stake, Rey not to be greedy because it can cause you to even loose that which you would have won so it's always better to stay on the safe side nad avoid unnecessary risk.

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April 29, 2024, 04:05:00 PM
 #40




 I saw this on the media so I decided to bring it here in the forum for us to discuss about it. If you notice in the first image, the bettor played a very risky game which comprises of 15+ games with a huge fee of 1m naira. Please take note that this post is not to promote risky gambling or mislead people to emulate his strategy cause left for me I think he's lucky if he happens to win this bet. Now back to our main point of discussion which is on the second image, out of 17 games, 15 played with just two left and based on the date in the image I think Austin FC won Los Angeles Galaxy 2-0 making it the last game left, now if you were the bettor and was given a cashout of 12.4m out of 36m to be won would you rather be patient for the last game to conclude or you'll go with the cashout? Also note that if you cashout you are safe atleast you have made 11m plus extra cash and if you decide to wait it's either you lose or win 36m, what would you do?

In this type of multibet bets where we have 17 or more games, it is very important that the person is not greedy, in the sense that if that person has already hit 16 games and there is only one game left, then the best option is to withdraw, because at least it will guarantee that they have won. a lot of money than a person would be greedy and wait for the last game and lose everything. I say this because I know that in most cases where people make multibet bets in which they place 17 games or more, they tend to lose every bet constantly. For example, it is very normal for a person who makes multibet bets with 17 games to make 50 multibet bets on 17 games and fail to get a bet right.

and this causes harm to that person, I know that these people who do this put little money in and would rather lose everything than cancel their bet because for them, they want to win a lot of money. Here in my country I know a lot of people who do this, they place multibet bets with many teams, there are even Facebook groups where they discuss the bets they make and none of them talk about cashing out. It seems that cheating is the same as hurting their pride. So talking to these types of people about cashing out is useless. For them, the only thing that exists is to get every bet right and win a lot of money or lose a bet.

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