junder
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July 22, 2024, 01:47:01 AM |
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if I were in OP's position I might also be in a dilemma. But if you do a cashout and you feel you have made a satisfying profit then half a loaf of bread might be able to fill your stomach. at least until we can continue the game tomorrow. Taking too big a risk won't be good, but it's also called betting, we all realize and understand the risks. therefore we are betting now. I didn't check how the OP's bet turned out, was he successful?
If I have made a profit that is quite large, perhaps many times the capital used, I would be better off cashing it in, considering that everyone has different thoughts, I don't dare to take risks because I can already learn from the experiences that have happened and it makes me no longer want to take bigger risks. When I gamble with capital, for example, $50 and I have made a profit of $50, which is the same as the total capital I have of $100, then I prefer to cash out. But regardless of what you or someone else will do, maybe there will definitely be people who cash out some of their winnings equivalent to capital or even don't cash out at all because the choice is to continue. I agree with what you said, of course taking bigger risks is not good. Even though there may be people who think that occasionally they have to take risks, I myself will not be careless in deciding on a course of action, so I prefer to cash in and enjoy the profits I have obtained with friends or alone. Even though every now and then I feel like I still want to continue, I can put aside that desire because I remember an incident that I experienced before, so remembering the experience that has happened can make me have self-control which helps me in deciding what to do.
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hyudien
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July 22, 2024, 02:00:15 AM |
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True, that's affects your decision making, the amount of money that you use as capital and the amount of your potential profits, more on self decision and how you understand the game, if cashout is available and you notice that the chance of winning is possible then taking the risk to push forward is okay.
While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Yes, it all depends on us, if we still feel confident that we can still win, then taking risks is not always wrong because sometimes we have to be brave enough to take risks, but what we need to pay attention to is that we ourselves must be prepared for the results that are likely to happen. what happens is defeat or disappointment. It is important to remember that the chance of losing is certainly greater than the chance of winning, so when you have made a decision it is best not to regret it and be able to control our own emotions if the result does not match expectations. The best main option is to cash out because that is the most appropriate decision when you have made a profit. However, only a few people have the awareness of having to cash in the profits they have obtained. many of them choose to continue because they want to get more. Even though it is each individual's right, we must be able to consider everything so that there are no regrets in the end and emotions are provoked because when emotions are provoked, decisions will occur that are not better considered.
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Viscore
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July 22, 2024, 06:40:36 AM |
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While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Playing safe is better. If you're already have some good money, this is where many falls apart. They continue with the hopes of winning more although decent profit is already there. Greed is the reason why many falls for this kind of decision instead of settling the bet and taking home that money, they're proceeding. Those that have experienced this mistake before aren't going to continue but instead will happily take the money. Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean.
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Fredomago
Legendary
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July 22, 2024, 11:58:32 AM |
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True, that's affects your decision making, the amount of money that you use as capital and the amount of your potential profits, more on self decision and how you understand the game, if cashout is available and you notice that the chance of winning is possible then taking the risk to push forward is okay.
While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Yes, it all depends on us, if we still feel confident that we can still win, then taking risks is not always wrong because sometimes we have to be brave enough to take risks, but what we need to pay attention to is that we ourselves must be prepared for the results that are likely to happen. what happens is defeat or disappointment. It is important to remember that the chance of losing is certainly greater than the chance of winning, so when you have made a decision it is best not to regret it and be able to control our own emotions if the result does not match expectations. The best main option is to cash out because that is the most appropriate decision when you have made a profit. However, only a few people have the awareness of having to cash in the profits they have obtained. many of them choose to continue because they want to get more. Even though it is each individual's right, we must be able to consider everything so that there are no regrets in the end and emotions are provoked because when emotions are provoked, decisions will occur that are not better considered. Most of them plan things either to win or to lose their money and not many is aware of taking that option in cashing out the win before the game ends, and like what you said there are gamblers who will choose to push their luck and try to win the bet instead of doing an early cashout thinking that is much better to win decently than only the portions of the actual expected accumulated earnings. While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Playing safe is better. If you're already have some good money, this is where many falls apart. They continue with the hopes of winning more although decent profit is already there. Greed is the reason why many falls for this kind of decision instead of settling the bet and taking home that money, they're proceeding. Those that have experienced this mistake before aren't going to continue but instead will happily take the money. Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean. Better to do that if you are unsure with how you will take your decision, as there are always chance that you might regret it if the bet wins and you decide to pull it before the game ends.
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KTChampions
Legendary
Online
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July 22, 2024, 01:04:33 PM |
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How many of you have ever cashed out a bet? I think it is not a best way to act after placing a bet. Imo, a person must strongly believe in his bet and believe in it till the end. If someone really wants to cashout a bet, he should do it in the middle of a sport event, to get at least something. Cashing out at this time is ridiculous, at team or athlete has plenty of time to win. Cashing out when there is not chance to wins, as there is no time is useless, as as you get just some percent of your original bet. That is really nothing. With such amount, you cant play back original bet amount.
Here we discuss the cashout of not a bet placed on one event, but a multi-bet. If you made a multi-bet on, for example, 10 events and 8 of them have already happened (and the outcome is exactly the one you chose), then you already have a pretty decent win, but you can either lose it or increase it even more depending on the outcomes of the last 2 events. At this point, many people prefer to cash out.
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Fivestar4everMVP
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July 22, 2024, 01:17:42 PM |
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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?
Topics are It patterns to this same concern is something that have been discussed over and over again on this board, and even in the main gambling board as well, but I understand that this is always an interesting topic to dicuss, and also understand new people join this forum everyday, so, it's possible that they did not participate in the previous discussions, and may likely participate on latest ones like this. To answer or say what I will do, I will gladly take the cashout and leave joyfully, 11 million Nigerian naira is a good profit with a 1 million naira capital, there are not several businesses that can give that much profit in a coupe of hours or days if 1 million naira is invest in them, in fact, I don't think any business of such exist anywhere. So, if I had a multi bet that have come that far and long, and has made me such a profit already, I will take it and damn the 36 million Nigerian naira max potential win amount.
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EarnOnVictor
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July 22, 2024, 01:38:32 PM |
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While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Playing safe is better. If you're already have some good money, this is where many falls apart. They continue with the hopes of winning more although decent profit is already there. Greed is the reason why many falls for this kind of decision instead of settling the bet and taking home that money, they're proceeding. Those that have experienced this mistake before aren't going to continue but instead will happily take the money. Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean. This is not a matter of emotion but making the right decision. And if I read you correctly, you missed more money because you quit the game earlier, but others have also bitterly regretted not quitting it. This shows that there is no certain answer to this, which is why I would rather advise everyone to decide as their instincts tell them at that time. Better still, it's good for gamblers to have plans even before the bet, so if the plan is to wait till the end of the game, why not? But based on my experience in trading and investment, I had better quit the game before it is concluded. This is unless the offer is not good enough. I can't imagine betting $200 to win a total of $1,500 and the sportsbook is offering me $1,200 already. Who cares about winning everything if not for greed? I won't even think twice. Guaranteed money will always be safer than the ones in our hopes.
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Zigabel
Full Member
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Duelbits.com
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July 22, 2024, 04:10:35 PM |
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Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean.
Playing safe will not just make you loose opportunities but will rather make you not win as big as you would wish to but you can have little win in that capacity of your stake. further more all of it is very much emotion dependent and the best way to get it tackled is to making sure you are able to get your stake to such that you don't find a big deal loosing because that's the only way to still maintain your cool and keep your emotions in check even when you are loosing the game eventually. For you like you have said you get comfortable watching the game you did staked on but then its not a guarantee that the game will be a winner and you will get most comfortable, for some others, its actually a bad approach, a friend once told me he doesn't watch games he did staked and because he's going to be too tensed to be able watch the game to the end probably.
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boyptc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 04:18:59 PM |
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While, if you think that things might change around before the game ends, then cashing out is also the good choice to make to assure yourself a win.
Playing safe is better. If you're already have some good money, this is where many falls apart. They continue with the hopes of winning more although decent profit is already there. Greed is the reason why many falls for this kind of decision instead of settling the bet and taking home that money, they're proceeding. Those that have experienced this mistake before aren't going to continue but instead will happily take the money. Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean. That's for your experience. But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue. Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite. And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
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erep
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July 22, 2024, 04:40:37 PM |
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Here we discuss the cashout of not a bet placed on one event, but a multi-bet. If you made a multi-bet on, for example, 10 events and 8 of them have already happened (and the outcome is exactly the one you chose), then you already have a pretty decent win, but you can either lose it or increase it even more depending on the outcomes of the last 2 events. At this point, many people prefer to cash out.
Relatively the gambler chooses to close the bet to cash out the winnings from those 8 wins, their risky choice is greedy to continue the last 2 events which can be risky to lose all the winnings that have been collected, he has been lucky to get the correct prediction accuracy results on the previous 8 and the probability for 2 If there is another event, there is no guarantee that he can win those 2 predictions, so close the option and enjoy the winning money to party and use the money for your personal needs.
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junder
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July 23, 2024, 10:23:00 AM |
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That's for your experience.
But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue.
Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite.
And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
Previously, it was very difficult for me to withdraw the winnings that I had obtained, but now I prefer to withdraw the winnings that I have obtained rather than continuing. I did this because there were lessons that I could take from experiences that had occurred. Apart from that, after thinking about it, cashing out is the best way, but it is not easy to withdraw the winnings that have been obtained because there is a strong temptation to continue gambling. but with those who can control themselves, including me, it is very easy to do. From experiences that have happened, you should be able to learn lessons, and I think everyone who gambles has probably experienced something quite bad for them, besides that you don't have to experience something bad first to learn a lesson. with the many cases out there where someone's life has been destroyed because they gambled beyond their means, I think that can be used as a lesson, but unfortunately there is still a feeling of wanting to win that dominates you so you can't take lessons from cases that have happened a lot because desire conquers everything. .
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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boyptc
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July 23, 2024, 11:33:25 AM |
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That's for your experience.
But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue.
Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite.
And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
Previously, it was very difficult for me to withdraw the winnings that I had obtained, but now I prefer to withdraw the winnings that I have obtained rather than continuing. I did this because there were lessons that I could take from experiences that had occurred. Apart from that, after thinking about it, cashing out is the best way, but it is not easy to withdraw the winnings that have been obtained because there is a strong temptation to continue gambling. but with those who can control themselves, including me, it is very easy to do. From experiences that have happened, you should be able to learn lessons, and I think everyone who gambles has probably experienced something quite bad for them, besides that you don't have to experience something bad first to learn a lesson. with the many cases out there where someone's life has been destroyed because they gambled beyond their means, I think that can be used as a lesson, but unfortunately there is still a feeling of wanting to win that dominates you so you can't take lessons from cases that have happened a lot because desire conquers everything. . Once you've been there and the money is ready to be withdrawn but you chose not to, eventually in the near future you'll realize how important it is to just cash out instead of continuing. Those experiences that we've got will tell us how to do better with decision making. But this is just us and we cannot speak for the experience of others and if they want to continue, there's no problem with that. To us, we've just learned the better approach in decision making if there's the money already, don't take it for granted.
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Fredomago
Legendary
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July 23, 2024, 12:39:52 PM |
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Sometimes playing safe will make you miss the opportunity to win. Honestly, I have a lot of experiences where I have cashed out my bet to ensure a win, but in the end, I regretted it because I could have won bigger if I hadn't been afraid. So what I do now is not watch the game when I bet; that way, I feel more relaxed and can follow my game plan. Based on my experience, our inability to control our emotions is the evil in gambling because it results in fewer wins or more losses, if you know what I mean.
Playing safe will not just make you loose opportunities but will rather make you not win as big as you would wish to but you can have little win in that capacity of your stake. further more all of it is very much emotion dependent and the best way to get it tackled is to making sure you are able to get your stake to such that you don't find a big deal loosing because that's the only way to still maintain your cool and keep your emotions in check even when you are loosing the game eventually. For you like you have said you get comfortable watching the game you did staked on but then its not a guarantee that the game will be a winner and you will get most comfortable, for some others, its actually a bad approach, a friend once told me he doesn't watch games he did staked and because he's going to be too tensed to be able watch the game to the end probably. For some it's adding excitement watching the game where you have bets on it espcially if you are betting with underdogs which got a much higher profits if you win, that's where emotions really adding with your decision making just like how the topic you might choose to catch your profits when the money already in front of you, thinking that being wise and not being greedy might save your butt losing your money, while for other people who are ready to let go whatever amount they stake they choose not to watch as they don't want to be influence by any emotion that will drive them in changing thier mind and not to wait for the actual outcome. That's for your experience.
But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue.
Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite.
And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
Previously, it was very difficult for me to withdraw the winnings that I had obtained, but now I prefer to withdraw the winnings that I have obtained rather than continuing. I did this because there were lessons that I could take from experiences that had occurred. Apart from that, after thinking about it, cashing out is the best way, but it is not easy to withdraw the winnings that have been obtained because there is a strong temptation to continue gambling. but with those who can control themselves, including me, it is very easy to do. From experiences that have happened, you should be able to learn lessons, and I think everyone who gambles has probably experienced something quite bad for them, besides that you don't have to experience something bad first to learn a lesson. with the many cases out there where someone's life has been destroyed because they gambled beyond their means, I think that can be used as a lesson, but unfortunately there is still a feeling of wanting to win that dominates you so you can't take lessons from cases that have happened a lot because desire conquers everything. . Once you've been there and the money is ready to be withdrawn but you chose not to, eventually in the near future you'll realize how important it is to just cash out instead of continuing. Those experiences that we've got will tell us how to do better with decision making. But this is just us and we cannot speak for the experience of others and if they want to continue, there's no problem with that. To us, we've just learned the better approach in decision making if there's the money already, don't take it for granted. Indeed, it's your own take and we can't speak in behalf of everyone, more on the experienced that we have and how we learn from it and how we take things when situation already in front of us, taking you side and picking between sure win and the opportunity to win more will be a own take from different perspective of being a gambler.
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Chilwell
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July 23, 2024, 05:16:48 PM |
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That's for your experience.
But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue.
Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite.
And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
Previously, it was very difficult for me to withdraw the winnings that I had obtained, but now I prefer to withdraw the winnings that I have obtained rather than continuing. I did this because there were lessons that I could take from experiences that had occurred. Apart from that, after thinking about it, cashing out is the best way, but it is not easy to withdraw the winnings that have been obtained because there is a strong temptation to continue gambling. but with those who can control themselves, including me, it is very easy to do. From experiences that have happened, you should be able to learn lessons, and I think everyone who gambles has probably experienced something quite bad for them, besides that you don't have to experience something bad first to learn a lesson. with the many cases out there where someone's life has been destroyed because they gambled beyond their means, I think that can be used as a lesson, but unfortunately there is still a feeling of wanting to win that dominates you so you can't take lessons from cases that have happened a lot because desire conquers everything. . In this regard, once you are not a victim I tell you will never learn but if we are not involved you will also speak to blame the victim, I agree with you that desire conquers everything because once you secure a win let say you won 100 dollar and there is opportunity for you to continue immediately you will start aiming at 200 dollars that is why we keep on losing, on my own side sometimes I fail to withdraw while sometime l have to but the funny part is when ever I make a decision to withdraw that is when it normally be in favour of me. I always make sure I don't make that mistake again, if the opportunity comes for me to cash out I don't think twice because any time am involved in all this kind of things I always make sure what I put in front is contentment for me to be at the save side.
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OgNasty
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July 23, 2024, 06:39:33 PM |
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It’s hard to say what to do in this scenario because one’s personal situation is probably the biggest factor. If this was life changing money for someone, I would definitely encourage them to cash out and enjoy their winnings. If it wasn’t life changing money, then let it ride and try and collect the entire possible winning amount.
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Mahanton
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July 23, 2024, 07:56:18 PM |
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That's for your experience.
But to me, I don't buy that idea anymore. I've got more bad experiences that I should have taken the money with me than to continue.
Well, this is as per experience for all of us and the bad experience for those decisions that we've made makes us think that we should do the opposite.
And that's not going to work for me, if the money is already in front of me, I'd take it and go home.
Previously, it was very difficult for me to withdraw the winnings that I had obtained, but now I prefer to withdraw the winnings that I have obtained rather than continuing. I did this because there were lessons that I could take from experiences that had occurred. Apart from that, after thinking about it, cashing out is the best way, but it is not easy to withdraw the winnings that have been obtained because there is a strong temptation to continue gambling. but with those who can control themselves, including me, it is very easy to do. From experiences that have happened, you should be able to learn lessons, and I think everyone who gambles has probably experienced something quite bad for them, besides that you don't have to experience something bad first to learn a lesson. with the many cases out there where someone's life has been destroyed because they gambled beyond their means, I think that can be used as a lesson, but unfortunately there is still a feeling of wanting to win that dominates you so you can't take lessons from cases that have happened a lot because desire conquers everything. . Once you've been there and the money is ready to be withdrawn but you chose not to, eventually in the near future you'll realize how important it is to just cash out instead of continuing. Those experiences that we've got will tell us how to do better with decision making. But this is just us and we cannot speak for the experience of others and if they want to continue, there's no problem with that. To us, we've just learned the better approach in decision making if there's the money already, don't take it for granted. Majority of bettors or into those people who are involved with sports betting would definitely be able to pass up this kind of situation on which on the time or moment that you would really be encountering that early cash out, then you would really be that definitely in torn whether you would really be cashing out or not. It will really be just that depending into your risks tolerance because if you are really that wanting for the game to conclude and wont really matter much about on the cash out thing that they are currently seeing. Actually on the moment that you've seen this then it would really be that too tempting on cashing out early because you would really be telling into yourself that this is already that a sure win thing and doesnt matter whether it would be ending up on a loss or not but still you are profitable. If you are really making bets for the sake of fun and entertainment then you would be most likely be finishing up the game until the very end and wont really be tending to have that early cash out. Sometimes if you've seen that it would really be able to have those kind of intuition and inside voices that you should really be cashing out early then you would really be having some consideration sometimes and im pretty sure that there are moments such as this. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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boyptc
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July 23, 2024, 08:24:32 PM |
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Once you've been there and the money is ready to be withdrawn but you chose not to, eventually in the near future you'll realize how important it is to just cash out instead of continuing.
Those experiences that we've got will tell us how to do better with decision making. But this is just us and we cannot speak for the experience of others and if they want to continue, there's no problem with that.
To us, we've just learned the better approach in decision making if there's the money already, don't take it for granted.
Indeed, it's your own take and we can't speak in behalf of everyone, more on the experienced that we have and how we learn from it and how we take things when situation already in front of us, taking you side and picking between sure win and the opportunity to win more will be a own take from different perspective of being a gambler. We as gamblers have got instinct. If we think that it's fine to continue, always set aside either your profit or the bankroll. Whichever is comfortable to you, you must do it. But if you don't want to do the same mistake from the past, you'd cash out. If you listen to others experiences, you'd withdraw. It's all a matter of fearing of missing out the profits that's already within you and be safe. If you are really making bets for the sake of fun and entertainment then you would be most likely be finishing up the game until the very end and wont really be tending to have that early cash out.
Many does say this and you're fine if you gamble until the end and get nothing and lose everything.
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Rabata
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July 23, 2024, 09:03:17 PM |
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It's better to cashout the money while they can so they can enjoy the money and maybe that money can change their life to be better.
In this aspects I have different opinion (emotionally ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ). I tried it many times. When I see my winning position is very close to win I didn’t wish to cash out my balance. In the same way when I cash out my balance at that moment i win. I know that it is a power of luck. But yes, if we control our greed and cash out the balance that will be the right decision because if we win in gambling then we get our betting balance with profit but if we lost everything will be lost. So we should satisfy our self with less. Then we will enjoy our winnings. The decision will depend on the gamblers betting and risk taking condition and he will know better what needs to do.
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taufik123
Legendary
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July 23, 2024, 09:05:41 PM |
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It’s hard to say what to do in this scenario because one’s personal situation is probably the biggest factor. If this was life changing money for someone, I would definitely encourage them to cash out and enjoy their winnings. If it wasn’t life changing money, then let it ride and try and collect the entire possible winning amount.
Instead of wanting to collect the entire amount of winnings that could possibly change his life, but in the end it will only be taken aback by gambling. A person sometimes can't stop even though the profits that have been obtained for the first time with a large enough amount, are still lacking, it is not yet time and say that another opportunity will be obtained. As you said, this depends on the scenario of each person's personal situation and also how the mental state of a person in making the decision to exit with an immediate profit or still betting with uncertainties.
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passwordnow
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July 23, 2024, 11:54:24 PM |
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It’s hard to say what to do in this scenario because one’s personal situation is probably the biggest factor. If this was life changing money for someone, I would definitely encourage them to cash out and enjoy their winnings. If it wasn’t life changing money, then let it ride and try and collect the entire possible winning amount.
It won't be no brainer even if it's going to be $1k-$10k is already a lot of money and it can do a lot for someone. As for OP, that mone is in naira and likely around $7000-$8000k. That's already a life changing amount in his place CMIIW. And with that amount, he can leave for some to spare to keep going but the whole of it should be cashed out. Opportunities and winnings like that don't come too often to everybody and that's why, money is money. I'll also encourage him to cash it out as that's already a lot of money that we're speaking there.
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