Community Influence on Cashing Out or Holding On in Sports Betting

[Davidvictorson]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

[Marvelockg]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

well, you can't factor out the place of the community of gamblers you have around you in making certain decisions and that you've asked for the opinion of certain friends on what to do when the option of cashing out comes into play doesn't mean that their opinion is going to be the better one above your own. As the spirit leads, you can decide to make your decision all by yourself or seek for your friemds opinion in some instances.

Most times, if you don't want to cash out, don't even show your betting slip to some people cause they will encourage you to cash out ASAP. And even after showing them and they tell you not to cash out and the remaining games didn't enter, you will still go on to blame them for misguiding you. Deciding on cashing out should be one you should be bold enough to make on your own without and when you've made it, whatever becomes the aftermath of the decision should be entirely something you're ready to accept.

[Perfectbaby]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

I think this questions has been raised before here thereabouts, but my answer is yes, and you need to cash out instead of losing it all. I am not a greedy fellow or gambling who would want the games to entirely score they way I predicted it, just to me I don't just pray for all to entirely enter but let me just have a cash out option to make back the money I spent gambling even though it's just 1.5x of my total staked amount I am good with it.
But if you are that sure of the games and you believe you can win it if the games runs to the end then you can leave except you are not sure of the matches.

[Pandu Geddon]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

If I personally will see the Odds of the remaining matches. if the Odds are not good or a little profit I will have to cash out. but if the chances are good enough to win, I will hold on until all bets are finished.
I rarely do Cashout. but if the amount offered is profitable enough, I will do it. especially if the potential to win tends to decrease when seeing the latest news before the match starts such as some players who will not be played.
I once did Cashout and regretted it. one last match that I should have won, but I had doubts and finally regretted it when the results were actually in accordance with my predictions.

[stompix]

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends.

I think it all depends on the cashout sum:
- you're 8 out of 10 and your returns are already x10 000 on a $5 ticket and the last matches have a 4x multi?
- you're 5 out of 7, your return is x20 on a $1 ticket, and the last games have 1.5 odds?

I think 95-99%  would cash out in the first case while less than 10% in the second, of course, just my opinion but this is how I see things happening.

[Ruttoshi]

Cashing out should be a personal decision so that the gambler will not put the blame on the community should in case all his game came out as predicted. The only advantage that I see in a gambling community is that you guys can share your slip and bets so that anyone can place the bet exactly as predicted by the gambler.

Greed is a natural thing and no matter how you try to convince a greedy man not to be greedy, he will not listen. As for me, I will cash out without waiting for the last two games results because I am already in profit no matter how small the profit is.

[Solosanz]

I will not listen with someone else opinion when it comes to subjective thing, question like a or b, c or d etc are useless because we know ourselves better than others. Let's say an idealist person, this kind person feel alive and comfortable if he choose his life based on what he want, even though people see it's not good for him or there's better option, but if he enjoy to be like that, why we should ruin his happiness?

I'm someone who don't like to cash out, regardless what the result is, I will accept it.

[rachael9385]

In my area we all have believed in the scene that two heads is more better than a single head. So if I eventually shared my bet slip with my friends and they they suggested for me to cashout, I might cashout or stay put for the game to continue to the end. However the choice is mine and mine alone, so I only have to make the decision and allow the game to continue or cashout. But if I cashout and the game still cut, I will be happy and also think that I am too smart also, but if I didn't cash out and the game cut I will be sad about it and I might blame myself for it.

[Kavelj22]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

I think this questions has been raised before here thereabouts, but my answer is yes, and you need to cash out instead of losing it all. I am not a greedy fellow or gambling who would want the games to entirely score they way I predicted it, just to me I don't just pray for all to entirely enter but let me just have a cash out option to make back the money I spent gambling even though it's just 1.5x of my total staked amount I am good with it.
But if you are that sure of the games and you believe you can win it if the games runs to the end then you can leave except you are not sure of the matches.

I think that several factors can influence such a decision, including the influence of the community. However, the influence of the community is not always the main determinant, as evidenced by the fact that not everyone who makes a cashout plays within a community, and most of them make the decision themselves.

Being influenced by the opinion of the community is influenced by the psychological factors of the gambler, and it is known that it is always better not to follow these influences in making decisions at any stage of the bet.

One of the most important factors determining this is the bet amount and the value of the remaining odds at the time of the cashout. For example, if the initial bet amount is large, the profit percentage from the cashout can be good, especially if the remaining odds are not guaranteed. Also, when the bet amount is small, the profit value will certainly not be considered except with risky odds, and therefore the player will be more comfortable ignoring the cashout offer.

[Cantsay]

If I should share my bet slip with any community online (which I rarely do) it means I honestly want their opinion on it and depending on their responses I might go on and cash out the amount that’s available for me to cash out or leave it to run till the end.

But if I don’t share it and just ask question related to it - let’s say I ask “between Real Madrid Vs Man United whom do they think will win” and most of the responses are in favour of Man United but in my parlay I have Real Madrid to win there in such case I won’t go and cash out, I’ll most likely allow it to run.

[uneng]

You have to have a real dominant and confident personality in order to not feel pressured by third party's opinions regards cashing out your money before the final outcome. I believe most people tend to take into consideration common sense in order to decide keeping the bet or not. It's hard to keep a decision when everyone else is telling you to do the opposite. Groups have great influence over our personal actions. It's part of our instinctive nature. Of course you can always fight against the masses, and maintain your personal certainties, but it demands too much energy from the individual.

There isn't a recipe on what you should do, though. Gambling outcomes are unpredictable, and to cashout beforehand or to maintain the bet until the end can be a good or bad idea, depending each specifical bet you have placed. Just don't be too stubborn or too suggestible.

[Perfectbaby]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

I think this questions has been raised before here thereabouts, but my answer is yes, and you need to cash out instead of losing it all. I am not a greedy fellow or gambling who would want the games to entirely score they way I predicted it, just to me I don't just pray for all to entirely enter but let me just have a cash out option to make back the money I spent gambling even though it's just 1.5x of my total staked amount I am good with it.
But if you are that sure of the games and you believe you can win it if the games runs to the end then you can leave except you are not sure of the matches.

I think that several factors can influence such a decision, including the influence of the community. However, the influence of the community is not always the main determinant, as evidenced by the fact that not everyone who makes a cashout plays within a community, and most of them make the decision themselves.

Being influenced by the opinion of the community is influenced by the psychological factors of the gambler, and it is known that it is always better not to follow these influences in making decisions at any stage of the bet.

One of the most important factors determining this is the bet amount and the value of the remaining odds at the time of the cashout. For example, if the initial bet amount is large, the profit percentage from the cashout can be good, especially if the remaining odds are not guaranteed. Also, when the bet amount is small, the profit value will certainly not be considered except with risky odds, and therefore the player will be more comfortable ignoring the cashout offer.

You are right and I agreed to what you said, most of the match with small odds can't give a huge cash but those with higher odds has already played then there is every possibility for the cashing out to be very higher than its remaining matches. But, as a gambler who aren't in any way being contributed the amount of funds to bet they are permissible to cash out when they want without waiting for the community to give their judgement, and of course following up community ideas and input also help but has he also considered the fact that when game lost it can't be reversed again so it's always good to cash out to secure profits.

[DaNNy001]

Sometimes it's best to go with what your gut says, but listening to the advice of others might also be helpful...I would love to join a community like this that can give me advice on my selections after all two heads are better than one..back in campus I knew some guys that would gather together to analyze games and each of them would share ideas and informations on different selections, this made them win a lot of times. A lot of gamblers go through the feeling of regret when they cash out their game and it ends up playing out successfully, I think it's a greedy mindset, as long as you are in Profit you are supposed to be contented with it.

[Wiwo]

I remembered when I cashed out 0.005 on stake.com on that particular date, my games have been played almost 80% and j st one game remaining to go and with a distance of about three days before the game will be played, so at that point I was nit under any pressure to cash out the game, but then I just ask myself a simple question that haven't are made enough gain in the bet and if yes, why the do I need to wait all this time and probably lose the bet at the end.

So I was excited to have cashed out that amount, even though this decision was not influenced by anybody because I never share my bet information with anybody.

[crwth]

Waiting out cashouts or wins in bets could be a dilemma. You never know what's next, IMO. If you feel like your instincts are telling you something, you could follow them. It is mainly like that; maybe you are accessing the “luck” process.

IMO, the most important thing is to check your risk tolerance and how much you are willing to give for a higher return. That could improve your chances. It's all about balance.

[BABY SHOES]

It depends on their own judgment whether cashout will be their choice or they don't want to regret when the remaining two matches become a loss...

If from 10 matches two matches are left maybe I will choose cashout instead of holding until the end of the match... Because it feels that it is still afraid of the two remaining matches ending up losing that is not expected.

However, I never share bet slips with any community, the decision to cashout or hold is subjective for most people.

[ralle14]

Always avoid getting pressured into cashing out because you could be encouraged to use the feature more than you should.

I mostly try to hold my multi until the end and only cash them out midway whenever i'm satisfied enough with the current payout or i'm having second thoughts on the remaining legs.  

I think it all depends on the cashout sum:

I agree and how much you value the winnings from your view because sometimes it's worth cashing out a $100~ bet when it could already be a lot for casual gamblers.

[Dr.Bitcoin_Strange]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Honestly, at times, it does really get influenced by the opinion of friends. It could actually be a game that my friends also staked on and if I see them having some kind of strong believe on the game, I would also want to join them in believing that the game will be successful, therefore I wouldn't bother to accept the cash out. Although, It doesn't happen often because I don't use to allow it because of the disappointment I have experienced from such hopes.

[aoluain]

Cashing out should be a personal decision so that the gambler will not put the blame on the community should in case all his game came out as predicted. The only advantage that I see in a gambling community is that you guys can share your slip and bets so that anyone can place the bet exactly as predicted by the gambler.

Greed is a natural thing and no matter how you try to convince a greedy man not to be greedy, he will not listen. As for me, I will cash out without waiting for the last two games results because I am already in profit no matter how small the profit is.

Indeed it is a personal decision and it also depends on the match, how its going
and if you believe cashing out or holding till the end is the best option.

Letting the community influence your actions isnt necessarily the right move,
its 50/50 whether the community is advising the right thing by cashing out early.

Then again if your ticket is in profit why not cash out early especially if the scoreline
and team play is not convincing enough to hold.

[Stepstowealth]

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

I made the bet myself with my money and will not like to be influenced or put under pressure by the opinion of others. I can hear their advise to cash out or not, but the final action to take will be mine to decide so that whatever the outcome, I will know that I have myself to hold responsible. My friends do not know better than I do, so their opinions to me is no better than mine in gambling. If anyone wants to also show that they have opinions, they should try making the bet themselves with their own money.