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Author Topic: cash out or let it ride?  (Read 923 times)
bSpend
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May 04, 2024, 11:07:01 PM
 #121

https://i.ibb.co/CB2b9Md/milwaukee.png

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.



EDIT: I CASHED OUT!!!
Good thing you later decided to cash bud, congratulations on such a good win, if I was in your position, I would have cashed out too, if you check the odds of the games in the ticket you shared, you will realize that the odd of the game that is yet to be played, which also is the last game; is the highest odd compared to the rest, I do not know how that game later ended but from what I understand about betting, it's the higher the odds, the higher the risk and chances of losing the bet, and looking at the amount of money you bet on this game, and the amount of money you are already offered to cashout, it is not worth it to risk losing everything for the last game that is remaining.
So, even if you cashed out and still, that game won, celebrate still for you still won a very handsome amount of money, this is exactly what I would have done if I was in your shoes.

So, again, I say congratulations,

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May 04, 2024, 11:26:17 PM
 #122

https://i.ibb.co/CB2b9Md/milwaukee.png

$1,500 to return nearly $100,000, the Milwaukee Bucks are the last leg, would you cash out for just over 50% of the payout or let it ride? Let me know below. I cannot properly hedge this parlay so I can either cash out or let it ride.



EDIT: I CASHED OUT!!!
Good thing you later decided to cash bud, congratulations on such a good win, if I was in your position, I would have cashed out too, if you check the odds of the games in the ticket you shared, you will realize that the odd of the game that is yet to be played, which also is the last game; is the highest odd compared to the rest, I do not know how that game later ended but from what I understand about betting, it's the higher the odds, the higher the risk and chances of losing the bet, and looking at the amount of money you bet on this game, and the amount of money you are already offered to cashout, it is not worth it to risk losing everything for the last game that is remaining.
So, even if you cashed out and still, that game won, celebrate still for you still won a very handsome amount of money, this is exactly what I would have done if I was in your shoes.

So, again, I say congratulations,

Is a very good idea you cash out but if it were to be me, I may not cash out. I'm not use to that in my betting habit. I will rather play a counter game for the last game. Doing it is just for you to play bet on the other opponent with a calculated amount of money.
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May 05, 2024, 04:33:38 AM
 #123

Actually, the picture didn't make any sense so I consider it a fake.

How can the total win amount be 96k and he can cash out 50k with 3.75 odds of the parley missing, it doesn't make any sense, mathematically and logically
A reasonable cash out amount would be 20k, but never ever 50k. He wouldn't even get a 50k cash out if the odds of the missing game would be 2.0, yet again 3.5 is absolutely impossible.

The total odds of his won bets multiplied together are 17.16 x 1500$ = 25700$, also you get less when you cash out, so 20000$ , as I said.

Conclusion, just a troll.

Correct, I just try to use odds calculator, @OP should only receive $25K instead of $49K. It seems @OP want to get affirmation and praises from other people, especially he's making a correct decision to cashed out the money since his last bet is lose.

He need to explain and give the evidences how true is this, if not he should expect he will get a neutral feedback. Cheesy


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May 05, 2024, 05:21:32 AM
 #124



Good decision that you cash out since Milwaukee Bucks got massacre by Pacers on that specific match to end the series. It’s surprising that you choose to cashout considering how risk taker you are based on your previous bets.

I believe everyone will agree that Cashout is indeed the right choice since you already have huge profit guaranteed using your bets while the risk involved on pursuing your parlay is very high since Bucks is incomplete.

Indeed cashing out would be the best decision any gambler would ever make in such scenario. The profit are high enough to cash out and be greatfull for so definitely only a greedy gambler would insist on leaving the remaining game to get full payout meanwhile that could be the odd selection amongst all games. Op I'm glad you cashed out from the game because that's shows you are a responsible gambler. The fact that the bet ticket got this far without having any loss doesn't mean it can still survive the upcoming games.

If you work then you have to spend a lot of time and sweat to be able to get that amount of money, then the question is why not be grateful for the amount and choose to cash out? I'm sure that this is a situation where someone is being dominated by greed, but think that if you don't secure the amount then you cannot be said to be safe and still have the possibility of losing all the amount without a remainder.

This is the importance of a gambler to have a healthy mindset and a rational point of view in every response to everything where I am sure that by thinking rationally in terms of considering then they will prefer to cash out rather than chasing something bigger but without being based on any certainty and guarantee.             

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May 05, 2024, 08:12:36 AM
 #125

Good thing you later decided to cash bud, congratulations on such a good win, if I was in your position, I would have cashed out too.
exactly. if the bet is really true, i'd have cashed out too i just can't let the opportunity to multiple money like that slide just because greed.
as much as many reward promised there is but a win is a win even more so with that much multiplier.

no need to get so nervous on waiting the last game to settle and its already good enough profit that for someone with good money management at least it could settle for some years.
definitely a peace of minds.

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May 05, 2024, 10:27:14 AM
 #126



Good decision that you cash out since Milwaukee Bucks got massacre by Pacers on that specific match to end the series. It’s surprising that you choose to cashout considering how risk taker you are based on your previous bets.

I believe everyone will agree that Cashout is indeed the right choice since you already have huge profit guaranteed using your bets while the risk involved on pursuing your parlay is very high since Bucks is incomplete.

Indeed cashing out would be the best decision any gambler would ever make in such scenario. The profit are high enough to cash out and be greatfull for so definitely only a greedy gambler would insist on leaving the remaining game to get full payout meanwhile that could be the odd selection amongst all games. Op I'm glad you cashed out from the game because that's shows you are a responsible gambler. The fact that the bet ticket got this far without having any loss doesn't mean it can still survive the upcoming games.

If you work then you have to spend a lot of time and sweat to be able to get that amount of money, then the question is why not be grateful for the amount and choose to cash out? I'm sure that this is a situation where someone is being dominated by greed, but think that if you don't secure the amount then you cannot be said to be safe and still have the possibility of losing all the amount without a remainder.

This is the importance of a gambler to have a healthy mindset and a rational point of view in every response to everything where I am sure that by thinking rationally in terms of considering then they will prefer to cash out rather than chasing something bigger but without being based on any certainty and guarantee.             

Exactly and its so rare to win a big amount in such situation that's why its better to cash it out so we can secure our profit and we would not feel any pressure since we already got the big prize for betting on the team we like. And glad he made a right choice since if the case he didn't do that and he lose the opportunity to gain a lot of money for sure he would regret that scenario for long time.

But I guess everything is secured and congrats for winning since for sure all will people here would do the same which is to cashout since there's nothing to lose anymore in that situation. Chasing more bigger profit will result to bigger problems so we should not be greedy and be happy with current gains.

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May 05, 2024, 11:46:26 AM
 #127

Good thing you later decided to cash bud, congratulations on such a good win, if I was in your position, I would have cashed out too.
exactly. if the bet is really true, i'd have cashed out too i just can't let the opportunity to multiple money like that slide just because greed.
as much as many reward promised there is but a win is a win even more so with that much multiplier.

no need to get so nervous on waiting the last game to settle and its already good enough profit that for someone with good money management at least it could settle for some years.
definitely a peace of minds.
If someone can restrain themselves from being greedy on the bets they play, of course they will be able to withdraw the winnings they have earned, but if they can restrain themselves by not continuing to bet again, of course they will be able to enjoy the winnings they have earned. and this will really depend on a person's behavior when they bet and for some people who can't control themselves they will of course continue their gambling so it is very unlikely that they will be able to get the next win and mostly I see those who continue betting in the hope that they can to get a bigger win, they have experienced defeat and not left any capital behind because of their own greed.

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May 05, 2024, 11:59:24 AM
 #128

I would have done the same thing you did. You will be filled with so much hurt if you let it ride and something goes wrong along the way. So it’s best to cash out. Even if it all goes well in the end, at least you’d be glad that you made it out with something. You can always live to die another day. Depending on how well you play and how well you manage risk, you can win more with what you cashed out.



 

 

 

 

 

 


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May 06, 2024, 02:25:45 PM
 #129


If you work then you have to spend a lot of time and sweat to be able to get that amount of money, then the question is why not be grateful for the amount and choose to cash out? I'm sure that this is a situation where someone is being dominated by greed, but think that if you don't secure the amount then you cannot be said to be safe and still have the possibility of losing all the amount without a remainder.

This is the importance of a gambler to have a healthy mindset and a rational point of view in every response to everything where I am sure that by thinking rationally in terms of considering then they will prefer to cash out rather than chasing something bigger but without being based on any certainty and guarantee.             

Exactly and its so rare to win a big amount in such situation that's why its better to cash it out so we can secure our profit and we would not feel any pressure since we already got the big prize for betting on the team we like. And glad he made a right choice since if the case he didn't do that and he lose the opportunity to gain a lot of money for sure he would regret that scenario for long time.

But I guess everything is secured and congrats for winning since for sure all will people here would do the same which is to cashout since there's nothing to lose anymore in that situation. Chasing more bigger profit will result to bigger problems so we should not be greedy and be happy with current gains.

Yes it is quite rare to be able to get a much bigger win, but actually in gambling anything can happen, or that means if for example your luck is still able to survive then yes maybe you will be able to get a much bigger win when applying greed, but that's not the main point in this matter. The question is whether you are able to accept the fact of losing money that was previously in sight? This is the main problem that cannot be accepted by most gamblers, meaning that they are losers who want a big win but are unable to accept the fact of losing or are unable to take responsibility for their decisions.

So actually the first thing that should be considered in such a situation is whether or not you are able to take responsibility for the decision you have made to continue in pursuit of something bigger, and if for example you are able to accept that it turns out that by continuing the session you have lost all the amounts you have previously obtained then yes that is not a problem, but honestly I am not sure that someone will really be able to accept the state of defeat when they are chasing something bigger when they have previously seen that they have managed to pocket a number of wins and this is a situation that can make someone dominated by emotions.

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May 07, 2024, 10:19:04 AM
 #130

If someone can restrain themselves from being greedy on the bets they play, of course they will be able to withdraw the winnings they have earned, but if they can restrain themselves by not continuing to bet again, of course they will be able to enjoy the winnings they have earned. and this will really depend on a person's behavior when they bet and for some people who can't control themselves they will of course continue their gambling so it is very unlikely that they will be able to get the next win and mostly I see those who continue betting in the hope that they can to get a bigger win, they have experienced defeat and not left any capital behind because of their own greed.
Of course greed is not good for someone who is too greedy and dissatisfied with the results they get until they end up losing their winnings, someone who can restrain themselves from being greedy no matter how much winnings they get they can cash it in because that's an opportunity that doesn't come twice or you will run the risk of losing your winnings along with your initial capital, it will be very painful if we have accumulated winnings with many bets and then we are defeated by just 1 bet which will make us lose everything so it is better to cash it in rather than having to wait for 1 more game which is not certain win or lose but sometimes things don't end well.

This really depends on the nature of a gambler, sometimes they are too confident that they can win until the end by getting a bigger win than before but in reality it doesn't end up as expected. Many gamblers lose bets when they have big odds because it's too risky so If we feel we can cash it in quickly, that's a good advantage and we should be grateful for it.

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May 08, 2024, 07:17:26 PM
 #131

It's your choice mate, from experience most times I cash put the geme ends up playing and when I don't it cuts, it's quote an irony, most of my gambling mates are the cashout niggas if they are close to Victory they would surely take the bet, but yeah some guys would never cash out and would rather stick with the bet pulling through.

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May 08, 2024, 07:32:17 PM
 #132

If someone can restrain themselves from being greedy on the bets they play, of course they will be able to withdraw the winnings they have earned, but if they can restrain themselves by not continuing to bet again, of course they will be able to enjoy the winnings they have earned. and this will really depend on a person's behavior when they bet and for some people who can't control themselves they will of course continue their gambling so it is very unlikely that they will be able to get the next win and mostly I see those who continue betting in the hope that they can to get a bigger win, they have experienced defeat and not left any capital behind because of their own greed.
Of course greed is not good for someone who is too greedy and dissatisfied with the results they get until they end up losing their winnings, someone who can restrain themselves from being greedy no matter how much winnings they get they can cash it in because that's an opportunity that doesn't come twice or you will run the risk of losing your winnings along with your initial capital, it will be very painful if we have accumulated winnings with many bets and then we are defeated by just 1 bet which will make us lose everything so it is better to cash it in rather than having to wait for 1 more game which is not certain win or lose but sometimes things don't end well.

This really depends on the nature of a gambler, sometimes they are too confident that they can win until the end by getting a bigger win than before but in reality it doesn't end up as expected. Many gamblers lose bets when they have big odds because it's too risky so If we feel we can cash it in quickly, that's a good advantage and we should be grateful for it.
Greed is something that very normal that would really be experienced on the  time that you would really be doing  gambling on which this is something that will really be pushing you to play further or would really be letting it ride just because you do love to get that full amount of winning and doesnt really like on getting a portion of it without even trying out to realize that it is already a good deal or win i must say. There are really just those individuals who doesnt want for their bets not to be complete and they would really be going until the end of line but well its their money then its their choice to make and this is something that would really be that so normal for those gamblers who would really be tending to do such thing. One things for sure that on the time that a certain bet or parlay would be losing then it would really be giving out that huge regret
and this is the time you would really be doing even more parlays just because you would really be taking on the same shot and the cycle continues.  Smiley

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May 08, 2024, 07:42:50 PM
 #133

I suppose its much better to let it ride until you feel bad about losses. I would never kill my lucky mood and keep gambling until I start to lose drastic amount of money. Then I would stop myself.
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May 08, 2024, 07:49:05 PM
 #134

It's your choice mate, from experience most times I cash put the geme ends up playing and when I don't it cuts, it's quote an irony, most of my gambling mates are the cashout niggas if they are close to Victory they would surely take the bet, but yeah some guys would never cash out and would rather stick with the bet pulling through.
I know it's his choice but the particular type of choice sometimes can be very hard and confusing to make, gambling is something that almost everyone find it hard to coordinate the opportunity involved especially when you a faced with such kind of decisions, sometimes we end up making the wrong ones but as a gambler I believe cashing out would be a wise choice but even that still depends on the particular game remaining in the tickets.

R


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May 18, 2024, 01:10:22 AM
 #135

~SNIP~

I cashed out haha, yeah Milwaukee lost so it was the right decision, the cash out went up a lot so I just took it

You doing the right thing but just curious are you cashing all of it or just 85% like I was said earlier your luck is kinda crazy bro you might can turn 100K again in the future haha Lambo coming soon?  Tongue Roll Eyes Grin

Indeed, you are one lucky dude, as this could have been another thread of someone who asked for public opinion if he could cash out the game or not, and why still calculate the risk? It turns out the game played in his favour, and he lost both what could have been cashed out and what he was expecting. 
 
50% of the total winning is really better than risking it all; that amount is a big profit. Calculating with the amount you used to wager on that game, you made the right decision in my opinion, although others will argue otherwise.

Indeed very crazy wild ride for this guy, I think 10% profit to let it ride I think is also not a bad action right?

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May 18, 2024, 02:43:24 AM
 #136

Of course greed is not good for someone who is too greedy and dissatisfied with the results they get until they end up losing their winnings, someone who can restrain themselves from being greedy no matter how much winnings they get they can cash it in because that's an opportunity that doesn't come twice or you will run the risk of losing your winnings along with your initial capital, it will be very painful if we have accumulated winnings with many bets and then we are defeated by just 1 bet which will make us lose everything so it is better to cash it in rather than having to wait for 1 more game which is not certain win or lose but sometimes things don't end well.

This really depends on the nature of a gambler, sometimes they are too confident that they can win until the end by getting a bigger win than before but in reality it doesn't end up as expected. Many gamblers lose bets when they have big odds because it's too risky so If we feel we can cash it in quickly, that's a good advantage and we should be grateful for it.
When placing a bet, of course it is difficult for us not to be greedy and this is of course very detrimental to us if we gamble greedily, I myself also find it difficult to do this, but sometimes we can restrain ourselves from being greedy when we bet with friends who are really have the same thoughts as us and most of my greed is when I gamble when I do it alone, of course this will be very detrimental to ourselves.

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May 18, 2024, 04:54:03 AM
 #137

It's your choice mate, from experience most times I cash put the geme ends up playing and when I don't it cuts, it's quote an irony, most of my gambling mates are the cashout niggas if they are close to Victory they would surely take the bet, but yeah some guys would never cash out and would rather stick with the bet pulling through.
I know it's his choice but the particular type of choice sometimes can be very hard and confusing to make, gambling is something that almost everyone find it hard to coordinate the opportunity involved especially when you a faced with such kind of decisions, sometimes we end up making the wrong ones but as a gambler I believe cashing out would be a wise choice but even that still depends on the particular game remaining in the tickets.
Its his choice quite alright, but its also his choice to determine if he really needs the money at that time or he's ready to lose all the money if it turns out red. Some people are very rich and big that they don't care about the outcomes of their stakes, so they feel very comfortable to allow the game finish even though there's a promising cashout there. Spreading for myself, I think I'll need the money that I'm seeing there and would cash it out without delay. Gambling is said to promise no definite ROI and you don't expect anything from it, big at that point that your stakes its showing you such a massive cashout, there's a definite ROI there to be claimed and you expect to have that find in your vawulence only if you cash it out.

Its his choice though and not mine, so he makes his decisions base on his instincts and environmental factors being responsible for any outcome that accompanied his decisions on it.

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May 18, 2024, 05:23:07 AM
 #138

If you don't cash it out, you might end up depressing yourself because you will regret it too late. If I were you, if you know that you have a profit there, you should bring it out if you are a practical person.

Don't let your greed lead you when you continue to play, because that is money and you can withdraw it, so if you have the opportunity to withdraw your winning prize, do it now if I were you.

That's just the truth cashing out stand the best in situation like this though is a matter of choice but some choices is characterized by greed which is major problem of many gamblers losing beyond expectations, from my experience some time the last game is always where the problem do lies when you reached the apex where hope is meant to appear in full last game will course depression and regret is better cash out than loss entirely.

Not all loss are considered loss if one cash out in this situation as much you have taken something you won't feel much impact of the remaining if the game later Play complete.

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May 18, 2024, 05:32:53 AM
 #139

I see that you have already cashed it out. Congratulations on the winnings mate. If you have still similar type of situations then I would suggest you to cash it out always. If you greed for more and keep the bet running then there might be chances that you lose the bet. Hence set a small target, if it achieved by the bet, then cash it out. Its always better to make little profits than no profit.

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May 18, 2024, 05:35:55 AM
 #140


Not all loss are considered loss if one cash out in this situation as much you have taken something you won't feel much impact of the remaining if the game later Play complete.

I've always believed that you don't have to be greedy in gambling. When luck smiles and the winnings become a reality, I am always for withdrawing money from the platform, and not for risking them in the hope of an even bigger jackpot. There is nothing worse than making a lot of money in gambling, and then losing everything because of greed. I am convinced that prudent management of winnings will help to maintain financial stability and avoid large losses. After all, whoever does not lose has already won.

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