If you’re gonna CASH OUT, Why PARLAY in the first place?

[Majestic-milf]

 I understand what you mean. It's quite difficult to wrap ones head over on the reasons why people cash out when they stake games but like the others have answered, it just so that you can get a little profit. I answered in one of the threads that talked about this cash out of a thing and I said that initially, I just let myself flow with the tide since I know that betting is a 50-50 something and if I'm lucky, I end up taking all my winning but understand that these casinos know what they are doing. If you get tempted and cash out, and the game eventually plays, you'd see that the remaining winning goes back to them so it's as though they never even did any payout. Like they recovered their money.
 To me I feel that this cash out option isn't just to give customers a choice to take something, but also to benefit them as well.

[OgNasty]

Being able to cash out a parlay before you see it lose is an awesome feature in my opinion. Imagine hitting 6 games out of 7 and then losing the last one by a landslide when you could’ve cashed out early and made a good profit. I know a couple people who gamble to try and make money using this technique and they do quite well.

[Cointxz]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

Due to the profit potential and confidence on the remaining match always change when there’s already a guaranteed profit to be considered on the bet.

Parlay compute odds by multiplying each bet odds that’s why it gives much better odds than single bet. The psychological effect when there’s partial profit available is so damn hard to resist especially if the cash out value is already high compared the original bet amount after 2 to 3 successful bet on parlay while few match remaining.

[Fivestar4everMVP]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

I don't know about other gamblers but for me, I don't usually regret anything if I choose a cashout and at the end of the game, it ended up playing in the way I had predicted it would, which means I should have won more, the potential win amount if I hadn't cashed out, I usually don't regret it when such happens because I already knew the risk involved with my decision to cashout before I decided to do it.

One thing i usually bear in mind is that it's better to cash out half way into the game with a profit even though it's small, than wait for the game to come to an end expecting to win the total profit but at the end of the Day, I end up losing totally.
So, to be honest, cashout option available in sports games isn't totally a waste, it's all a matter of choice or what a gambler wants.

[Kelward]

I don't think that most bettors plan to cash out when they bet on parleys, it's mostly decisions that are taken at the spure of the moment. Remember that your bet is going quite good before the cash out option would emerge and every bettor has to decide whether they still want to push their luck or take what they can. I don't have a problem with parleys they're part of betting fun for me and if I reach the stage of whether to cash out that is where serious decisions comes to play. What works for one person in gambling will be different from another gambler, let us all choose strategies that we are comfortable with.

[justinlamode]

This is a very good question because it is a very common practice by some people, they arrange a very long parlay, eunning into days andnsometimes weeks, with the intention of using the cash out option when the first set of games have been settle. Instead of using this option, it would have been more profitable to break the bet down and play the early ones first after which you bet on the others with part of the winning.

[ralle14]

Isn’t that kind of stressful?

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

I've also cashed out my ongoing parlays multiple times, and i'd likely do it again if i'm placed in the same situation. It wouldn't hurt to settle for less, and there's nothing better than to secure some winnings in your pocket than to lose it all in the end. I understand that you should always let your parlay play out, but there's no telling how many parlays it'll take before you find yourself in another potential winning ticket.

It's only stressful if you're planning to continue your parlay, but for me, cashing it out with a reduced payout gives you that peace of mind. Even if I can't complete the parlay, I always keep in mind that any win is always better than having another losing bet.

[Coyster]

I'll speak for myself, i never really plan to cash out at the time i am fixing up my parlays. I am basically trying to combine good odds and increase my potential winnings after i stake, then see what happens. That said, i would not fail to cash out if i see that i have gotten a good amount of money from the games that have been successful and if i was unsure of the games left. There is nothing stressful about it, if you are to gamble on just one football match, you'd have to stake very high or go for an underdog with very high odds and unlikely to get in.

[DubemIfedigbo001]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

Nobody actually goes in with plans of cashing out actually. In fact, at the point of booking the game you are very confident of the choices you made and very convinced it would win, but as the game progresses, emotional instability begins to trigger FUD and gamblers begins to question the certainty of winning the whole matches contained in the parlay and that is where they start nursing the idea of playing safe and cashing out especially if they have seen a very good reward as cashout option. Those who cannot withstand the disappointment of leaving the game and later loosing everything goes for cashout option to be on a safer side. Sometimes cashing out is a bad decision when the game finally converts, but losing everything when you were handed a good cashout amount is more painful for me.

[swogerino]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

Not really because the bettor psychology is one of the most difficult to explain. It is true that they start for a huge win with a very small stake and then when they see the cash out option they use it immediately. I personally use that option a lot because I have this mindset, I go for a huge win but when I hit like 5 out of 10 games and the payout is 33-39% from the total I get this profit and retry my luck again with another parlay. I know that this defeat the initial purpose of hitting it big but again my aim changes and I start trying again my luck, as long as I get over 30% profit I am happy with that, you cannot achieve this with a single bet that is why I use parlays.

[MAAManda]

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

Some people agree & consciously choose to gamble just for entertainment purposes, usually we see reasons like this in slot & live casino gambling players. However, for sportsbooks, I've never met anyone who bets here purely for entertainment purposes, they do have a specific objective, which is profit.

The case you're referring to happened in my circle. Before the match started & the slips were placed, people were talking hopefully that all the matches they'd bet on would get "W", but when there were only one or two matches left, instead of keeping their bets, they cashed out. This was because they didn't want to lose what they'd already bet and won.

[danherbias07]

I asked myself about that a long time ago, but I do understand now.

There are unexpected happenings in a game that could change your mind. Let's say the other game (3rd as an example) will be 3 hours later, after winning 2 of the list in the parlay, and then you receive news that one of the stars of the team you bet for in that 3rd game will suddenly not play. What will you do?
We are lucky if the cash-out button is still open during that time because sudden changes could also affect our bets. There's a chance the sports bookie will close the cash-out feature for those who bet for that team so that they cannot pull out their bets and continue the bet.

Then, there's also the sudden change of mind. After winning 3 out of 4 lines in a parlay, you see how much you will make, and it's enough for you. It's our choice, and it will be us who will regret it if ever we actually could've won it all.

[purple_sparkles]

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

Some people agree & consciously choose to gamble just for entertainment purposes, usually we see reasons like this in slot & live casino gambling players. However, for sportsbooks, I've never met anyone who bets here purely for entertainment purposes, they do have a specific objective, which is profit.

The case you're referring to happened in my circle. Before the match started & the slips were placed, people were talking hopefully that all the matches they'd bet on would get "W", but when there were only one or two matches left, instead of keeping their bets, they cashed out. This was because they didn't want to lose what they'd already bet and won.

In a bookmaker's office, it's really no longer about the game, but about strategy and analysis, it's even more like the work of traders, and the fact that people are keeping their bets means they are weighing their risks and choosing the least painful exit option. Most likely, those who play just for fun without placing large sums will worry less about such things.

[Moreno233]

Being able to cash out a parlay before you see it lose is an awesome feature in my opinion. Imagine hitting 6 games out of 7 and then losing the last one by a landslide when you could’ve cashed out early and made a good profit. I know a couple people who gamble to try and make money using this technique and they do quite well.

Cash out option is good and a wonderful innovation to enable the gamblers make some profits instead of losing everything but if the gambler know before placing the bet that he will cash out the bet after certain event completes, why not limit the bet to the end of only that event and remove the others from the ticket? This is what the OP is saying because leaving the other games in the ticket with the intention of using cash out indeed reduces the potential win significantly. Sometimes you may be losing as high as 50% of the profits you would have made assuming you did not add those events. And don't forget that cash out option does not come with bonuses.

[joeperry]

I think some people like me do cash out in parlay to secure the winnings especially if it's already big and don't want to be greedy, I actually play to earn some and to win and not to challenge myself. There's no way I would risk a sure win just to prove that I accepted or brave enough to take the challenge.

Also depends also on the situation of the upcoming or existing match if I am going to cash it out.

[Samlucky O]

What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?

Of course that is stressful. Sometimes it is better not to hit the cashout button but just to let it keep going. If it wins huge then it may be counted a lucky day, but if it does not, then we can accept our faith of loss. Gambling is all about risk, so sometimes we take the risk and let it be till the end. Sometimes being overly aggressive and cashing out so quick may result to losing a big win they may have become a life changing opportunity.

So again, why bother with a parlay if you’re just going to cash out early?

Surely I think people cashout most times when the are broke and lacking bankroll for the next parlay, so eventually cashing out helps to recover some bankroll that will be used for another bet since they are not sure if the ongoing game will play out well till the end.

[_act_]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

Parley is the reason someone should cash out, not just cash out because of a single match. Assuming you have 10 matches in parley but you have won 7, that can still be a lot of money that you have won if you cashout, but betting on a  single match may be leading to losses while the person may want to cashout or may be yielding just little win. I can not cash out a single match but I may reconsider if it is parley.

[shield132]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

It's an amazing feeling when you can win 100$ with 1$. When I do this type of bet, then I imagine how amazing it will be if I bet 5$, 10$ and etc. It's an amazing feeling when there are 7-8 games in my ticket and 5 of them have already won but the worst feeling is when 2-3 other games are left and you don't know what to do, cash out what you have already won or wait for the next 2-3 games with the fear that if any of them loses, your ticket will be wasted. It's a combination of greediness and cautiousness that pushes us to cash out parlays.

[Solosanz]

That's what I'm asking too.

People said they're in doubt with their next bet, I mean, then why you bet in the first place? I wouldn't bet if I'm doubt with my bet, if I want to try it, I will split the bet.

Sorry if this hurt people, I think people who choose to cash out are coward, their risk tolerance changed before they bet and after they see the potential winning they could earn.

[cryptomaniac_xxx]

Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.

What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?

So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.

I don't know about others, but if I go and bet on parlay, I don't cash it out, I just let the flow of the game. If I losses then so be it, at least there will be no regrets of winning it at the end when I early cash out.

But if there are gamblers who are afraid to take that risk and do early cash out, then they might not be that big risk takers. Or so they want to be assured that they are going to win at least some money, so it's hard to blame them.