cash out is a hidden trap

[DYOR+BTC]

You can be on advantage by using cash out so I don’t consider it as hidden trap. Even though if you use it on match that won afterwards you still get a guaranteed profit or cut loss by the time that you are scared to play through.

The problem is not about the cash out rather the way you place bet by not 100% sure to play the game.

You will only consider cash out if you are in doubt.

Yes I agree with you, in gambling situations tells our next line of action if we push or stand but the unpredictability in gambling is enough reason one has to do what he feels is best for him. All gamblers has there gambling pattern established to enable them scale through in gambling, mine may be extremely different from yours and yours different from mine so If I choose cash out as my option i have my reasons.  On this, my best gambling strategy is the use of cash out. I stake high with higher odds with expectation that my invested capital can be doubled,  once it happens I never hesitate to cashout as I have gotten what I want instead of waiting for it's completion and I see it paying.

[eisen33]

This is me noticing lot of bettors now treat cash out like a normal strategy.( correct me if im wrong)
For me, always using cash out is a bad habit, it feels like you’re not really confident in your pick and you don’t want to take the full risk.

I’ve read many topics about this, and some people even include cash out in their system but is that really a strategy, or just self-protection?

Cash out almost always favors the bookies. You rarely get full value. They control the amount, they lower it while the game is still open, and you end up taking less than what your bet could pay.

So if you’re always cashing out early, maybe it’s not risk management, maybe it’s just fear. And in the long run, that mindset helps the sportsbook more than it helps you.

What do you think, smart betting or just another trap?

On the other hand, if you see that the game is really unpredictable and it’s important for you to lock in the current result, I don’t see anything wrong with cashing out. Especially if you feel the match is very risky and things could turn against you at any moment. Of course if I placed a small bet, I would never cash out, because a loss wouldn’t have a big impact on my bankroll, and if it wins I’d get a decent payout. But if the bet is large, then I would use the cash-out option.

[ZeroVinsonN]

As long as you are getting out more then you staked then it can still be considered a win on your part, just not the win you had initially intended to win. Calling it a trap isn't exactly fair, alot of times people who do cash out end up regretting it later on when they lose the bet, personally it's more about the amount of risk you are willing to take, if the games seems unlikely to play out the way you hoped then there is nothing wrong with cashing out, it's your money after all so how you choose to go about with it isn't anyone else's business.

[joeperry]

What do you think, smart betting or just another trap?

I've used this a lot of time and personally I consider this a great feature in a gambling sites since I've been into one where no cashout is available, there are also times where I misplaced a bet due to lag or misclick and through cashout feature you'd be able to save most of your bets instead of complete loss. In my years of gambling I only made 2 mistakes in cashing out and those 2 bets should be a winning bet but I actually made a wrong choice and it is out of 10+ cashouts and personally, for me, it serves me well rather than thinking it's a trap.

Sometimes you can tell the end of the match based on the current stats and cashout feature is pretty helpful to avoid a complete loss.

[michellee]

That is just an option for them. That is a strategy and also self-protection since they can get their money and the wins together. That is okay if they can't get full value but at least, they can get something from their bet.

We already know that gambling will favors the bookies so whether what the way you do, the bookies will takes benefit. We only taking small parts for us and we understand that will not always guarantee.

But that could be smart betting or maybe that is a trap. But cash out early or not, that will depends on gamblers.

[WhoYouCantKill]

Som gamblers feels the cashout option is the casino giving them an opportunity to actually go home with something even if they lose, while in reality, it’s actually the opposite. In the long run, the gamblers are always the ones who actually lose, cos the casino never actually loses. I’ve been victimized by this cash out option that I learned the hard way and swore never to use that option cos I realized that it’s actually a trap in disguise of an opportunity.

[freedomgo]

Why should anyone be confident in their picks when this all choices are based on luck?

That’s a very wrong question, honestly. Are you saying that when you bet on sports, you don’t analyze anything and you’re just confident the moment you place the bet?

The way I read your question, it sounds like you’re just betting on gut feel without studying stats or analyzing the matchup, and then calling it pure luck. That doesn’t really make sense. If it’s only based on luck, then what’s the point of checking form, injuries, head-to-head, all those things?

[sotelorene]

This is me noticing lot of bettors now treat cash out like a normal strategy.( correct me if im wrong)
For me, always using cash out is a bad habit, it feels like you’re not really confident in your pick and you don’t want to take the full risk.

I’ve read many topics about this, and some people even include cash out in their system but is that really a strategy, or just self-protection?

Cash out almost always favors the bookies. You rarely get full value. They control the amount, they lower it while the game is still open, and you end up taking less than what your bet could pay.

So if you’re always cashing out early, maybe it’s not risk management, maybe it’s just fear. And in the long run, that mindset helps the sportsbook more than it helps you.

What do you think, smart betting or just another trap?

There are some folks that take that as a strategy and what they do is play with a huge amount of money, when the game have played a bit far the cash out value wil be some how big for them and some people just cash out because they have weigh and check the possibility of the remaining game and find out the possibility of the game playing all is very minimal so they consider cashing out as the best option though sometimes it will happen that the game will not play all but sometimes too it will play all. It is always painful to cash out game and then later found out the game entered all. I have had that experience several time, sometimes cashing out is best and sometimes it's not.

[Slow death]

What do you think, smart betting or just another trap?

For all of us who place multi-bets, we know very well that when placing a multi-bet, it's difficult to find all the games we consider good on the same date. So, there are cases where there are 5 games in a parlay, with 4 games played today and the last one tomorrow. If the parlay has odds of @10.00 total and the person has already correctly predicted 4 games, and has a profit of 7x available in the cash out option, then it's better to cash out and profit than to be greedy and lose everything. Remember that even in a game with odds of @1.05, you can lose the favorite.

[Orpichukwu]

You might be right, but personally I don't see anything wrong with using the cash-out option. The bookie is the one it favours the most, just as betting overall has always been in their favour more than ours, the bettors.

I don't see anything wrong with a change of mind after booking a game and it's already running. If there is still time to cash out, it's better you take it than allow that particular game you lost confidence in to ruin your little winnings.

Just as the cash-out option gives back to the bookie what could have been won by the player, it also helps the bettor not to completely lose when the game ends up negatively. Before the last game, they have something to go back home with. Besides, the option is something of choice.

[EarnOnVictor]

What do you think, smart betting or just another trap?

Cash out is a choice rather than a trap.

We've seen people who cashed out early, and regretted it, and we've seen people cashing out early and was happy. The same thing is applicable to inaction by ignoring it, people have regretted it, and people have being happy doing that. Can we call this a trap? I say No. It is not a trap, but a choice. No one is forcing anyone here.

[panjul07]

Whether cash out feature is a trap or not is depending on how and why we use this feature.
If you are confidence enough with your bet then simply forget and skip this feature, this way it will never be a trap.
IMO, it can be a trap if you use it because you are thinking too much on the other matches (which has not started) while the other matches are already win.
You consider it as a trap once you decide to use it but in the end your bet is a perfect win so you regret why did you cash it out earlier, although it is basically not a trap but you feel it like being trapped with the existence of this feature.

[mirakal]

Before the last game, they have something to go back home with. Besides, the option is something of choice.

That’s not really my mentality, I’m more like go big or go home. And “go home” just means you lose the bet, lol.

But seriously, I understand what OP is trying to say. It’s probably based on his experience, where he regretted cashing out because he got tempted, then the bet still won and he could’ve won much bigger. That kind of experience is hard to forget, because luck doesn’t come all the time. So when it finally comes, you want to win what you really deserve. But cash out can ruin that.

You still win, but you’re not satisfied. And that’s not a good feeling at all.

[Questat]

Why not just cash out when you actually stop playing because you already won?
Now there are two different kinds of “cash out” and it’s just confusing.

I don’t even know who started this cash out option in betting. It feels like it just makes bettors chicken out when things get tense. In the end, it only helps minimize everything, minimize losses, but also minimize winnings. So in the end, the casino is still the one that maximizes their income, no matter what.

[dunfida]

This is me noticing lot of bettors now treat cash out like a normal strategy.( correct me if im wrong)
For me, always using cash out is a bad habit, it feels like you’re not really confident in your pick and you don’t want to take the full risk.

I’ve read many topics about this, and some people even include cash out in their system but is that really a strategy, or just self-protection?

Cash out almost always favors the bookies. You rarely get full value. They control the amount, they lower it while the game is still open, and you end up taking less than what your bet could pay.

So if you’re always cashing out early, maybe it’s not risk management, maybe it’s just fear. And in the long run, that mindset helps the sportsbook more than it helps you.

What do you think, smart betting or just another trap?

Actually this would be just that having that different perspective on a particular person or bettor on how he would be treating up this feature but actually this is something that could be useful specially into those times that you do see your team is that somewhat on disadvantage and you've been able to see that you are already that in gain then you can cash out early and secure it out. This would turned out to be that a self protection because no matter how small the profit is its still a profit and thats good rather than on losing all of your bets at the time that you have already seen that you are already on the losing side. Actually its not a trap because if a certain bettor made out some cashout instead of losing the bet entirely then the bookies are on the disadvantage and this is also on vice versa. The good thing that this feature is available because you can make out some decisions.

You are the ones will be making out such decision whether you would be pushing with your bet no matter win or lose in the end of the match or you would be applying some early cash out once you are in gain and basing up on your observation on a particular game. It would actually vary.

[rachael9385]

The cashout option to me is a tool that every gambler applies based on their own bet plans and also what they want. There are cases where it would be a trap and in other cases they can be a way the gambler avoids losing. Before using this option it's left for you as a gambler to weigh the risks, if you know that cashing out is the best thing to do based on the amount you staked and what you want then you should cashout.

[Furball808]

This is me noticing lot of bettors now treat cash out like a normal strategy.( correct me if im wrong)
For me, always using cash out is a bad habit, it feels like you’re not really confident in your pick and you don’t want to take the full risk.

I don’t get the point of gambling in the first place if one would keep cashing out. They might not really be all in on the games. It’s okay because it’s their money anyway but personally it feels almost like a waste of time.

[Somto9Light]

The cashout option to me is a tool that every gambler applies based on their own bet plans and also what they want. There are cases where it would be a trap and in other cases they can be a way the gambler avoids losing. Before using this option it's left for you as a gambler to weigh the risks, if you know that cashing out is the best thing to do based on the amount you staked and what you want then you should cashout.

I think what the cash out option does in reality is make a gambler question their confidence and even their position, and when gamblers starts to lose their confidence in their original approach, things start to fall apart as they’ll begin to sort for other options and at this point, anything that’s different from their initial plans would appear like an opportunity and they’ll most likely take it, and most of the times it mostly ends wrongly.

[Betwrong]

~ So if you’re always cashing out early, maybe it’s not risk management, maybe it’s just fear. And in the long run, that mindset helps the sportsbook more than it helps you.

What do you think, smart betting or just another trap?

First off, I want to say that you are getting wrongly the whole thing. The sportsbook isn't playing against you. What sportsbook wants is not you losing your bet or getting less for your win than you could, but more gamblers betting on their platform so that they could earn more from the house fee. Win or lose, they don't care. If you lose, your money(minus the house fee) will be distributed among the winners. If you win, money from the losers is taken to pay you out your win.

[Churchillvv]

So op what exactly is different from what others have said in their own thread and yours? Cash out is a feature that was designed to help the players or bettors but also benefits the casino or are we expecting the casinos to run in loss just because they are there to serve us? If you don’t find your bet convincing anymore you can just quit along the line that’s what cash out means and that benefits you because you won’t loss everything.