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Author Topic: Community Influence on Cashing Out or Holding On in Sports Betting  (Read 385 times)
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October 05, 2024, 05:05:16 PM
 #21

Distributing bet slips and distributing them to the community to ask for opinions on whether to “cashout or hold” you will have a dilemma where there will be many opinions while you yourself will have a headache and which one to take.

Is the cashout worth the profit you want?
Or it feels less satisfied so you want to hold until the end, honestly if it's in my position it will be a dilemma.

Usually I always wait until the end rather than cashing out in the middle of the road sometimes it doesn't feel satisfied if all the matches end up winning but you cashout first.

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October 05, 2024, 05:09:55 PM
 #22

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.

When watching the game live there are chances that the odds will gradually go against your team especially when the ball is on the opponent and gaining on the team you are rooting for. Bettors will be tempted to cash out to secure the win. But some people are to watch til the end of the game to find out. I guess they are the ones who are truly fans of the team and gives them satisfaction to see them win.  

Those who only see profit, I think will cash out whenever they see an opportunity. Can't let is pass their hands.

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October 05, 2024, 05:47:06 PM
 #23

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?
we don't need to be greedy for gambling, because gambling is a game of risk and luck, you may expect to win all your games and end you lose all, it has happened to me severally were I wanted to win big amount and the cash out option they gave to me was massive  but I was expecting to win so that I will go away with all the money, but I notice that is out greediness that made me not to cash out, good is good but you need to calculate well and also not be greedy, is better for we to cash out and rebet the remaining that has not play with good amount from the one you have already cashed out, it's just a common sense you will use to follow your gambling.

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October 05, 2024, 07:20:51 PM
 #24

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 follow a rule: Never bet based on other people's opinions. But in certain cases we need to make exceptions, such as the cases you are talking about. It is important that when a person posts a photo of a multibet bet in which there are only a few games left to decide the entire bet, when other people give the person advice to cash out, that person listens to the advice and then goes back to analyze the remaining games carefully and finally makes the decision that he thinks is best and then does not blame other people for the decision he made. Because the biggest problem with people is always blaming other people.

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?

In this case I listen to everyone's advice, and then I go back and analyze the remaining games to understand why people are giving me certain advice and then I make a decision based on the analysis of the remaining games.

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October 05, 2024, 07:53:28 PM
 #25

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?
This is a difficult one to answer. Because the tendency of the gambler to cash out the games is fully dependent on three factors. One is the gambler himself and the other is the level of pressure from others and lastly, it depends on the amount of cash available. When a gambler is in that situation, he ought to listen to himself whether he wants to cash out or not. However, it becomes difficult if he chooses to leave the game till the end because imagine a case where the amount to be cashed out is a huge amount. So many people will give him reasons to cash out and that will torment him. Only strong will can make such a gambler not to cash out. Another thing I regret. If he is someone who is afraid of regretting then he won't hesitate to cash out.

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October 05, 2024, 08:29:43 PM
 #26

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?
Consistently checking out on your Sport betting game, most times usually puts gamblers into unnecessary pressure, which is why when it comes to me, I will say that I hardly check my bet slip after it has been booked and played on a casino, to avoid unnecessary pressures. Because one thing about cashing out a bet slip is that, if the game eventually cuts and didn't played as predicted, you will be happy at least you did lose everything, but you see scenarios whereby you cash out halfway and the game eventually played as predicted after cashing out, that's the worst experience any gambler will ever feel. Which is why I always allow my game play till the end, so that if it cuts/lose, let it cut whereas, if I win, let me win too, rather than allowing people influence my gambling decision.

 
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October 05, 2024, 08:30:17 PM
 #27

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 do not cash out. I prefer to wait until the matches have all been played.

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?
It depends. Assuming if I use $10 to place a bet that I suppose to win $100. If there were 5 matches to be played and it remain just 1 and I have won like $80 that I can cash out. I will prefer to cash out. But most of my bets are single or not more than 3 matches and the amount I want to win if a match is missed will not be encouraging. Yet I use small amount of money to bet.

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October 05, 2024, 11:26:08 PM
 #28

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?

No, I will not be affected by the community if it discusses my betting slip, I believe and sure with what has become my choice because I also don't randomly choose matches. But if it becomes the last 1 match, usually I prefer to play it safe by placing another single bet on that match with a bet of 50% of my total winning percentage from that long slip.

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October 05, 2024, 11:47:34 PM
 #29

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?
It is necessary to cashout when it's necessary than wait till the end of a game. Although some times chasing out may also reduce our chance of winning big, which is vise versa. but I prefer taking some portion through cashout than waiting till the end. Because majority of people who tend to wait to see the end usually lost it all because of their pride and greed. A friend of my lose $150 he would have cashout, but due to having the hope of winning $300  the game end up losing. I know deep down in his mind he was angry and sad for not listening to us when we pleaded with him to cashout, but he presented as if all is well and hope for a greater days ahead but I can sence lie in his speech but he was just encouraging himself.

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?
The truth is that we should try as much as possible to cashout when there is need to avoid regret. We shouldn't be that greedy to wait till the end to win the potential amount, because there is a high chance that you may never win the expected amount.

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October 05, 2024, 11:49:13 PM
 #30

I see it like it all depends on the picks you made on the remaining games, and your projected possibilities of them happening or them not happening, looking at all of that, you can figure out if it's something you are going to be able to risk till the end of not you are advised to cash out so you see a little above your risked fund, that way you have an advantage to an extent but if you don't, you may not be able to make any money off the game if it later turns out to be a loss.

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October 05, 2024, 11:57:42 PM
 #31

I see it like it all depends on the picks you made on the remaining games, and your projected possibilities of them happening or them not happening, looking at all of that, you can figure out if it's something you are going to be able to risk till the end of not you are advised to cash out so you see a little above your risked fund, that way you have an advantage to an extent but if you don't, you may not be able to make any money off the game if it later turns out to be a loss.

Since it is your bet slip, it is on you whether you will cash out or not. If you have very good feelings about the remaining bets, then, don't cash out. But if you are reading some good opinions or insights about the remaining bets, then, cash out so you can secure some winnings.
Public will always have their opinions to tell, but at the end of the day, it is your money at stake, so decide what's best for your money.

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October 06, 2024, 02:12:30 AM
 #32

~
Im usually a loner when it comes to betting so nope when it comes to sharing. I do visit some forums/discord/telegram groups about sports so sometimes discussions come about whenever a tournament is currently running but those haven't exactly influenced my bets in any way particular. A bit I guess before I bet instead, making me reconsider whcih team is better than the other and stuff like that, but during is a never. I just stick with what I got.

Honestly if you were going to be swayed by others that much just let them bet for you.

 
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October 06, 2024, 02:54:52 AM
 #33

First of all, never listen to others. It is your money; hence, you should be the one deciding what to do and what not to do with the money. Various people will have various opinions; hence, you need to do your homework and place the bets. Just keep faith in you and in your decision. Rest; everything will be fine. Generally, if someone suggests me while a bet is in play, I take that positively and do my own analysis about the outcome. If anything goes against the bet, then only I cash out before the game ends.

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October 06, 2024, 04:37:16 AM
 #34

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?
Why make the bet if you are just going to be a coward and cashout? Who cares about others opinions, did they bet on the same game? Are you sharing the money with them? IMO, don't make the bet if you don't have the courage to follow through until the end. If you get down to the last leg you can hedge the bet and give yourself some guaranteed profit, but never cash put early from fear.

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October 06, 2024, 05:06:56 AM
 #35

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 it just depends on what you believe in other games, and so on. your philosophy I don't usually share my betting records with anyone else because sometimes it can add to the stress. And while getting feedback is always good, but just remember at the end of the day it's your call. To me, I value my friends' opinions. Especially if they really keep tabs with the team. But I really don't let that stop me from spending my money or not. If I feel like it's made a very good choice and if I can really get a good payout of it, then I'll pause on it. But if there are too many items and I don't know which ones to hold onto, then it could be best to withdraw. It's all about the fine balance of risk and reward. But more importantly, knowing when to listen to your own intuition is far better than the number of people one listens to.

First of all, never listen to others. It is your money; hence, you should be the one deciding what to do and what not to do with the money. Various people will have various opinions; hence, you need to do your homework and place the bets. Just keep faith in you and in your decision. Rest; everything will be fine. Generally, if someone suggests me while a bet is in play, I take that positively and do my own analysis about the outcome. If anything goes against the bet, then only I cash out before the game ends.

I understand where you are coming from. And at the end of it all I say It's your money, and it's your decisions. Trust one's judgment in making your own decisions and not let too many people dictate to you. With that said though, I believe there is some value in listening to other people, but, as you said The key is doing your own analysis. Personally, I feel that feedback is part of the process. But I am always going back and clinging to my feelings. Withdrawal is tough, and trusting oneself when things go wrong.

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?
Why make the bet if you are just going to be a coward and cashout? Who cares about others opinions, did they bet on the same game? Are you sharing the money with them? IMO, don't make the bet if you don't have the courage to follow through until the end. If you get down to the last leg you can hedge the bet and give yourself some guaranteed profit, but never cash put early from fear.

I understand what you said. But I don't think spending money is necessarily a matter of cowardice. Sometimes it's just a matter of planning. Yes, showing it at the end shows that you're confident in your choices. But sports are unpredictable and things happen. Can change quickly I agree that other people's opinions shouldn't affect you. But I don't see anything wrong with spending money if it's a well thought out strategy. Especially if there are high costs. Hedging to guarantee profits is also a solid move. But I think withdrawals are just another tool in the toolbox if used wisely.

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October 06, 2024, 05:18:18 AM
 #36

In this case do you give in or hold out based on their opinions?
Friends or a community can influence one to either cash out or wait for the end of the game. But it still depends on the gambler's decision. There was a recent case in a social media platform where a gambler was winning about $150 if he cashed out, but the total win might get to $550 if he waited till the end of the match. Most people in the group encouraged him to cash out, but he refused. He told the community that he wanted to take the risk and lose or win big. He finally lost the game and most of us blamed him.

For me, I am a fan of cashing out. I am not a high-risk gambler, so I take every opportunity to cash out and cover my losses. I don't have to courage to withstand pressures to cash out.

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October 06, 2024, 05:21:15 AM
 #37

Why make the bet if you are just going to be a coward and cashout? Who cares about others opinions, did they bet on the same game? Are you sharing the money with them? IMO, don't make the bet if you don't have the courage to follow through until the end. If you get down to the last leg you can hedge the bet and give yourself some guaranteed profit, but never cash put early from fear.
Absolutely, it's our bet, so we should be in control of managing it. The goal is to win, not to impress others- maybe we can do that later if we consistently win. Honestly, some people think cashing out is a smart move, but mathematically, it often doesn't favor the bettor. Bookies actually love when people cash out, thinking they’re getting value, when the opposite is true.

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Kelward
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October 06, 2024, 06:36:27 AM
 #38

Except we have an agreement to share our bet slips on our community forum and members can decide the decisions about cash outs, I don't think that it's necessary to share it. If you bet with your own money, then you should make the decision whether to cash out by yourself. You can choose to ask for opinions if you're not sure whether to cash out or not, the point is that it's supposed to be your choice even if you ask for opinions. I think that people should have their strategies about cashing out, personally I don't like cash outs that is why I bet with the amount that I can afford to loose.











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Hero - Legendary Member
davis196
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October 06, 2024, 06:50:46 AM
 #39

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 would feel bigger regret, if I followed other people's advice and lost money rather than making my own decision and losing money because of my own mistake. I don't understand the gamblers, who are being influenced by other people and are seeking advice by other people.
On the other hand, there are paid sports betting services on Telegram and Discord, that offer "guaranteed win rate" or some other BS. I do understand the gamblers, who are buying such services. They want to invest money and get a ROI(and they get scammed, most of the time). This seems like a more rational behavior than seeking advice from random strangers about your bets and conforming to the group.

Julien_Olynpic
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October 06, 2024, 07:18:43 AM
 #40

I believe that you should make the decision on whether to withdraw money from the game yourself, without looking back at the opinions of other people. After all, in this case it is not entirely clear who is playing - you or your friends or those people whose opinions you trust? It may well turn out that your advisers themselves are not sure of their decision and your desire to shift responsibility for your actions to other people may be wrong. If you have a strategy and a game system, then you should make the decision yourself.

 
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