Community Influence on Cashing Out or Holding On in Sports Betting

[Fortify]

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?

It can really depend on the situation, if you have won 4 out of 5 bets on a multibet and you're feeling less confident about the last one landing for some reason - it might be wise to cash out. If you happen to be watching a very fast paced and volatile game, but your bet is currently ahead with a fair amount of profit, you may wish to cash out. However I've found that just letting the bet run and going with your initial instincts is probably the best course to profitability. There is likely a reason that you have chosen to make that bet and take those odds, which were probably highly favorable, so just let it run to the end unless you have a lot of money on the line.

[sompitonov]

I think that after we have made several bets, even if several in a row have played in the plus and we are on a winning streak, then under no circumstances should we refuse them, even if our friends put pressure on us and try to convince us otherwise. To prevent this from happening, it is better not to tell anyone about what bet we have made, so that such a risk does not arise at all. We are already under pressure from a winning streak, so we do not need any extra pressure from anywhere else. However, if bets have been made, it is generally stupid to change anything in this, because getting a fine for this reduces our EV, and this is the most important value for us.

[GxSTxV]

When it comes to sports betting especially football for the popularity it has in most countries, sharing my bet slip definitely stir up my friends’ opinions. True it still exciting to chat with friends about the games, especially when I already got some wins I shared with them recently, but where it gets tricky is when I’m down to just a couple of games left and my buddies are buzzing with advices and different opinions, it’s easy to feel that pressure to cash out. Maybe they are telling me to take the safe way, and at the same time you cannot trust everyone most of the time, so it really creates a conflict and also affect your decision.

However, my advice for anyone for a better betting experience is if you believe your team that can pull through, sticking out to the same decision might pay off even more. On the other hand, if there is much doubt about how they will perform, cashing out could be the smarter move. Moreover, it’s about balancing the thrill of the game with your own judgment.

As a conclusion, listening to others is good, but don’t forget to trust your instincts for most of the time and better gambling experience. Sometimes the best play is the one you feel most comfortable with.

[rahmad2nd]

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?

The problem is, i have never shared a single sports betting slip, so there is no reason for me to hear opinions or suggestions from the community.

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?

Not a few of us share their betting slips, even before the match starts. almost on average, most of the ones that are often shared are parlay bets. not a few of us share their betting slips with only one or two matches left. well, this is normal behavior for us sports lovers, especially football. there is nothing wrong with that, everyone can express every bet they make. some like to share their betting slips, some don't at all, one of them is me. related to your points and questions, it seems that every bet depends on the situation and conditions. as you said, some are stressed, anxious, irritated, and not a few are confident that they will win their betting slips. which is your question, not a few cash their betting slips for whatever reason, whether it's their friends' opinions or not being sure they will win. or, continue it. Well, I assume the situation will not always be the same. It all depends on when the bet is running. So the answer varies greatly, depending on the situation and the last team that competed can also be a consideration. For me personally, gambling is complex. Sometimes, we can make decisions suddenly. Even, reckless decisions.

[Zoomic]

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?

Speaking from my own personal experience.  I do not need a gambling community, friends or family to help me monitor my bets. If they do that on my behalf,  it still won't take away the pressure I would feel while the games are still on. I usually gamble with amounts i can afford to lose so, i do  not feel that much pressure that will make me give out my betting slips to other people to monitor if i am winning or not. My decision on whether to cashout or hold longer depends on my mood for that day and that decision is solely mine and not influenced by other people's opinion.

[nelson4lov]

...  
~Snipped

In this case do you give in or hold out based on their opinions?

It depends.

I don't often make my decisions based off the opinions of others. Sometimes, I might decide to let it continue to the end. Other times, I might cut it short and just hit the cashout button and confirm. I really think it should be up to the bettor to make that decision because at the end of the day, psychology and mental critical mental moves can make or break a bet. Sometimes when I share my bet ideas, I get opposing takes on my selection but I never falter. We have to stay the course always.

[Hispo]

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?

In my humble opinion, if the money is only of one's property and the bet is being done only by oneself, then there should be no intervention between the one and other people who could influence over the decision of cashing out or keeping the bet going to the end? Only the person who has money/a stake on the match would understand the implications of winning or losing the bet and anyone outside could mislead the bettor onto commiting a mistake. In the case of the bettor listening to the advise of someone who does not have a stake on the match and because of it the bettor losses it all, then the responsibility of the loss would be redirected to the outsider, instead of the bettor accepting the fact he decided to rely their money on the opinion of others.
It is better not to share responsibility over ones bets to anyone, and take full control over them and whether one should cash out or not, it helps to grow as a responsible bettor and helps to accept our own mistakes and move on from them.

[$weetne$$]

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 depend on anybody opinion when I am gambling, all my decisions are mine and if I lose I will understand that I tried and when I win, I will celebrate. If you keep taking opinions of others, you would be losing because alot of people do not know anything about gambling. They might claim to be good at sport betting but when you listen to them, you will find out that they are only guessing and do not know anything. If they knew that your last game or some of your other games are not going to play, why did they not bet on that so they can win it instead of asking you to cashout. Cashing out should be your own decisions it should not be made in a rush but you should take your time to watch some minutes of the game before deciding if you want to quit or continue to hope for the games to play.

[alegotardo]

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 have always maintained my betting positions regardless of what is happening.
When I am winning, it is quite common for the systems to offer an early reward for withdrawal before the game ends, but this is much lower than the result of the winnings if I wait until the end of the game. Obviously, anything can happen and football is a very unpredictable game, but I have never regretted making a withdrawal early and I have never done it again.
I prefer offline bets, so I always plan them carefully. Why should I make a withdrawal in a rush when I have planned it so carefully? It doesn't make sense.

[Lida93]

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 betslip, 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?

At that moment your bet slip is made known to your gambling clique or circle and it's remaining just two or one game to conclude the total win of your bet, to be sincere it's really difficult to maintain your stand of not cashout when your community are recommending a cash out for you because they will be giving you that advise with very strong reasons and analysis that you had never had in mind while initially booking the games.

The best alternative is to avoid the temptation if you've already concluded not to initiate a cash-out in the middle of the games then don't take it to them requesting for their opinions and responses about the games left to play.

[Gheka]

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?

Speaking from my own personal experience.  I do not need a gambling community, friends or family to help me monitor my bets. If they do that on my behalf,  it still won't take away the pressure I would feel while the games are still on. I usually gamble with amounts i can afford to lose so, i do  not feel that much pressure that will make me give out my betting slips to other people to monitor if i am winning or not. My decision on whether to cashout or hold longer depends on my mood for that day and that decision is solely mine and not influenced by other people's opinion.

One stream of opinion is enough to distract and disperse quite a lot of attention, once brought out to the community and friends, this dispersion divides into many more streams and the question here is which stream of opinion should we follow, feeling like our stance is being strongly reduced by opposing opinions, in terms of life, it is not the criterion that determines success when the shadow of others is too big and overwhelms the light of our ability. One should automatically build a suitable stance, even if losing is a stepping stone to gain corresponding experiences, instead of being a glimmer of light that cannot radiate glory.

[danherbias07]

I think that after we have made several bets, even if several in a row have played in the plus and we are on a winning streak, then under no circumstances should we refuse them, even if our friends put pressure on us and try to convince us otherwise. To prevent this from happening, it is better not to tell anyone about what bet we have made, so that such a risk does not arise at all. We are already under pressure from a winning streak, so we do not need any extra pressure from anywhere else. However, if bets have been made, it is generally stupid to change anything in this, because getting a fine for this reduces our EV, and this is the most important value for us.

Yes, that's an option too. Do not tell them and no one will either influence you to cash out or stay with the game and finish it. Sometimes there are friends who are talented at urging their other friends to gamble more, take the risk, the higher risk, or just simply withdraw. I've known a friend who is good at managing his gambling habit and I used to go with him because I know that he will walk away once we win.
What he does is ask me to just drink some beers and get some snacks after we win in one of the famous gambling games here in our country whenever there's a wake of a relative. But we have never really tried doing it in sports betting because that was not a thing before although we are both big fans of basketball so it could've been easier for us.
There are friends who have good instincts so I think we will have the same decision to cash out when we see profits from our parlay.

[Mahanton]

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?

In my humble opinion, if the money is only of one's property and the bet is being done only by oneself, then there should be no intervention between the one and other people who could influence over the decision of cashing out or keeping the bet going to the end? Only the person who has money/a stake on the match would understand the implications of winning or losing the bet and anyone outside could mislead the bettor onto commiting a mistake. In the case of the bettor listening to the advise of someone who does not have a stake on the match and because of it the bettor losses it all, then the responsibility of the loss would be redirected to the outsider, instead of the bettor accepting the fact he decided to rely their money on the opinion of others.
It is better not to share responsibility over ones bets to anyone, and take full control over them and whether one should cash out or not, it helps to grow as a responsible bettor and helps to accept our own mistakes and move on from them.

Actually it would really be just that depending on a certain individual on how he would really be handling out himself or would really be doing things accordingly. There are people who are really that easily get influenced on the things that they do heard outside or to someone that surrounds them on which on the moment that they've heard it out then they would really be that making those immediate changes on which we know that it will really be bringing out that kind of regret on the moment that your earlier analysis turned out to be a win and the current ones make you lose. People who do make out those words or advises isnt really that responsible for any paying on what you have lost. The actions you had made will really be that basing into your own discretion not theirs.
I've been through with this kind of experience on which it do really turned out that brings up that kind of regret on the moment that you do see those outcomes.

Nothing is really that best when you do make your own bets according into your analysis and own choice. Doesnt matter on what would really be the outcome on which as long you are sticking into your own then
it will really be not be bringing out that kind of regret. Its not bad to hear out others advises but in the end of the day, you are still the ones who do make out that final decision or choice.
If you have chosen up on going with others predictions then it will really be your call.

[o48o]

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 might listen to people if they know more about some sport than i do. There's a problem with that, because no-one who is giving me an advice is putting their own money in, so they don't have a skin in the game. That means they can be either reckless, or overly emotional when convincing me to cash out, as reason might be either that they are just empathic, or that they think i am going to share some of that money, and that me losing, might feel like losing is robbing that away from them.

But generally speaking, you need to be autistic for not to submit to peer pressure, and even autists often want to mask that they could understand social norms, so they might submit to it as well.

We like to think that we can think with our own brains, but normal brains are wired to social behavior and we are highly susceptible when it comes to peer pressure. You might want to google Solomon Asch's conformity study. It's old but you can find entertaining videos of how everyone seems to be affected to it, no matter how independent they seem otherwise.

You can always rationalize yourself out of it, but that requires understanding on how exactly you are being pressured by others.

[Zigabel]

Speaking from my own personal experience.  I do not need a gambling community, friends or family to help me monitor my bets. If they do that on my behalf,  it still won't take away the pressure I would feel while the games are still on. I usually gamble with amounts i can afford to lose so, i do  not feel that much pressure that will make me give out my betting slips to other people to monitor if i am winning or not. My decision on whether to cashout or hold longer depends on my mood for that day and that decision is solely mine and not influenced by other people's opinion.

Just as it should be, pressure from others shouldn't be a result for which you make certain gambling decisions and stay under unnecessary pressure and if you have got that indiscipline, the community wouldn't take off you but may only help sometimes if the support you with some firm advice or contributions but that isn't and shouldn't be the key factor to making gambling decisions because it's possible the community may get unlucky and because u need to their advice you too may.

[hedgeh0g]

I think that after we have made several bets, even if several in a row have played in the plus and we are on a winning streak, then under no circumstances should we refuse them, even if our friends put pressure on us and try to convince us otherwise. To prevent this from happening, it is better not to tell anyone about what bet we have made, so that such a risk does not arise at all. We are already under pressure from a winning streak, so we do not need any extra pressure from anywhere else. However, if bets have been made, it is generally stupid to change anything in this, because getting a fine for this reduces our EV, and this is the most important value for us.

Yes, that's an option too. Do not tell them and no one will either influence you to cash out or stay with the game and finish it. Sometimes there are friends who are talented at urging their other friends to gamble more, take the risk, the higher risk, or just simply withdraw. I've known a friend who is good at managing his gambling habit and I used to go with him because I know that he will walk away once we win.
What he does is ask me to just drink some beers and get some snacks after we win in one of the famous gambling games here in our country whenever there's a wake of a relative. But we have never really tried doing it in sports betting because that was not a thing before although we are both big fans of basketball so it could've been easier for us.
There are friends who have good instincts so I think we will have the same decision to cash out when we see profits from our parlay.

The influence of friends should not be underestimated, some of them affect us even on a subconscious level. Your friend has a good influence on you and you are lucky that you stick together, but I think much more often there are situations when a friend can have a bad influence on us and confuse us. For example, he does not understand bets well, but he knows how to convince perfectly and he needs to share his opinion, I have met such people too. In general, you need to be selective and still learn to distinguish such friends who can influence us in different ways. And of course, stick together who has a good influence on us and on our decisions in bets, but I think this cannot last forever.

[bering]

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?

During involved to sport betting i always be attempts to predict the particular matches by myself and very often my predictions were getting missed but i am very confident about that and i was never asking help to gambling community to monitoring my bets slip or asking their opinion about my betting slip and indeed sometimes i was share my betting slip to the gambling community or to my friends and they have different opinion about my bets and i will appreciate all of their opinion because the community can freely give their opinion regarding my bets

But so far until now they never can able to influence me because i didn't fully trust them besides that there is no guarantee the tips from the community will have 100% accurate because it can be missed so the gambling community cannot influence me when i want to make the decision to bets because every decision regarding sport bets is based on my personal reason

[taufik123]

-snip-
But so far until now they never can able to influence me because i didn't fully trust them besides that there is no guarantee the tips from the community will have 100% accurate because it can be missed so the gambling community cannot influence me when i want to make the decision to bets because every decision regarding sport bets is based on my personal reason

Good confidence that you can maintain, because advice from others is only an evaluation material and what determines is your own decision.
I also won't be 100% influenced by other people's betting advice, maybe I'll base my choice on a more detailed analysis of the team or player I support.

Nothing will be 100% accurate but at least I have made my choice and the rest is up to luck.

[michellee]

-snip-
But so far until now they never can able to influence me because i didn't fully trust them besides that there is no guarantee the tips from the community will have 100% accurate because it can be missed so the gambling community cannot influence me when i want to make the decision to bets because every decision regarding sport bets is based on my personal reason

Good confidence that you can maintain, because advice from others is only an evaluation material and what determines is your own decision.
I also won't be 100% influenced by other people's betting advice, maybe I'll base my choice on a more detailed analysis of the team or player I support.

Nothing will be 100% accurate but at least I have made my choice and the rest is up to luck.

Advice from others can help us to decide but we must think before we make a decision. Not all advice from them can give a good result so we can listen the suggestion from the others and pick the decision based on what we think.

If that is analysis of the team or player, we should do research and not just rely on others suggestion. Indeed, nothing will be 100% accurate but we decide from what we observe and analyze so we can make a good decision for us.

[taufik123]

Advice from others can help us to decide but we must think before we make a decision. Not all advice from them can give a good result so we can listen the suggestion from the others and pick the decision based on what we think.
-snip-

In other words, we must be more selective in taking any action, including when listening to advice from others.
There are a lot of advice and recommendations from well-known influencers, but I won't just take them for granted,
it is necessary to do your own research to prove that what others say is the same as the results of our research.

Moreover, we are in the gambling business, there are many manipulation that can be done and of course the luck factor will also play a big role,
anyone can be very lucky and anyone if they can be very unlucky with a lot of losses.