cash out is a hidden trap

[rbynxx]

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?

It would be a normal strategy if they have the feeling their bet doesn't seem aligning and I don't think it's a trap or a bad habit, it's more like trusting your gut however you like it, besides if you think the money is good enough for a cash out, then it's fine as long as you profit. Self-protection to have your bankroll intact for another bet is kinda like a strategy, besides if you think the game is kinda go another way, having that cash out is definitely a savior.

Smart if you think the outcome of your bet is not aligning, trap if you're not using it well. Besides, gambling is always uncertain.

[rdluffy]

I really like having the cash out option for those who want it, and it's a good opportunity if you're already satisfied with the number of games you've won

But I understand your point of view, cash out eliminates the possibility of an even bigger win
When I place a parlay bet, I usually don't even log into my account so I don't see the cash out option and get tempted to close my bet early, hahaha 

[yahoo62278]

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?

I don't cash out very often at all. I am always very confident in the bet I made and want to see it through, but there have been times where I could have taken a small win or even a small loss vs losing it all, and should have taken the cash out.

I guess it could be considered a strategy, but I just cannot force myself to use it often. If you are watching the game and the team you bet on is looking weak, you might consider taking a cashout if offered.

[acroman08]

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

I think it is smart betting, I mean, if you are not confident enough to go through with your bet, then the best thing you can do is cash out to secure the profit. Sure, it might not be as big if the whole bet won, but you are still in profit in the end. Also, I agree that cash out favors bookies, but it does favor the gambler too, since you have an option to cash out and secure the profit.

[sompitonov]

I think it is smart betting, I mean, if you are not confident enough to go through with your bet, then the best thing you can do is cash out to secure the profit. Sure, it might not be as big if the whole bet won, but you are still in profit in the end. Also, I agree that cash out favors bookies, but it does favor the gambler too, since you have an option to cash out and secure the profit.

I've long ago decided that if I win more than a certain amount, I'll definitely withdraw some of it, because I'll need to spend it on, say, flowers for my relatives or a gift for my girlfriend. I do this so I don't continue playing forever, but rather so I can find something tangible and useful that will allow me to bring joy and positive emotions to those around me. I recently came to this conclusion after hearing a gambling streamer say it. Of course, many players will continue to play to build up a bankroll, but there's no guarantee they'll simply lose it tomorrow if they tilt.

[WhoYouCantKill]

I don't cash out very often at all. I am always very confident in the bet I made and want to see it through, but there have been times where I could have taken a small win or even a small loss vs losing it all, and should have taken the cash out.

I guess it could be considered a strategy, but I just cannot force myself to use it often. If you are watching the game and the team you bet on is looking weak, you might consider taking a cashout if offered.

I can’t deny the fact that there are times that my refusal to take cash outs has costs losing a huge sum because I ended up losing the whole money, and many times people have told me I’m greedy or perhaps too greedy and should’ve taken the cash out and at least secured the little one i was certain about, like people would say, a bird at hand is worth more than a thousand in the bush, but come on isn’t losing part of the game? One can’t win always and if requires me to lose everything simply because I refused to take cash out, then I mostly really don’t mind.

[Z-tight]

If people want to cash out and take what they are offered by the casino, who am i to question their actions. Cashout is great, but don't go crying if the games left went in your favor, because you already took what they gave you. However, i don't have anything against this feature, it is great for those who use it, and if you do not want to use it, then that's fine. But it is no trap, surely not.

[MainIbem]

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?

It's might seem like a trap to you but it's not compulsory and a bettor can decide whether to cash out or not the bookies won't automatic cash out on their own without a bettors permission. However imagine you booked a game with $20 and your potential reward is $100 but you were given a cash out option of $60, it's fair enough since the cash out is more than your total stake moreover if a bettor is not very sure that the outcome of some remaining games would be positive then they have every right to take the cash out if it's fair enough to the bettor, I don't think it's a trap.

[coin-investor]

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

Cashout is important because it provides satisfaction knowing that your effort is rewarded, since not every day you can win and cash out.
There are gamblers who want to play safely and cashout their winnings, even if it's a small amount, and there are gamblers who will only cash out if they win a big amount.
Whether it favors the bookies or not, you should be comfortable doing it without thinking, because what matters is your satisfaction and profit.

[Somto9Light]

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

Cashout is important because it provides satisfaction knowing that your effort is rewarded, since not every day you can win and cash out.
There are gamblers who want to play safely and cashout their winnings, even if it's a small amount, and there are gamblers who will only cash out if they win a big amount.
Whether it favors the bookies or not, you should be comfortable doing it without thinking, because what matters is your satisfaction and profit.

Again, some gamblers don’t really care whether or not they lose at the end of the game, because they’re most likely more interested in knowing whether their predictions will actually come true or not, so to them, gambling is more of an actual experiment than a money making scheme, so such a gambler would most likely let the game play through even if it means losing the whole money on the process, at least they know that even if they lose today, they'll eventually win tomorrow.

[Rockson1]

It's might seem like a trap to you but it's not compulsory and a bettor can decide whether to cash out or not the bookies won't automatic cash out on their own without a bettors permission. However imagine you booked a game with $20 and your potential reward is $100 but you were given a cash out option of $60, it's fair enough since the cash out is more than your total stake moreover if a bettor is not very sure that the outcome of some remaining games would be positive then they have every right to take the cash out if it's fair enough to the bettor, I don't think it's a trap.

Some gamblers talks as if cashout is not helpful in some cases, although you correct that no one is mandated or forced to cashout, it is a decision for and individual bettors, if any gambler can be sincere, cashout is helpful too, there are some match that we conclude that wont end in our favour, just imagine if there is no cashout button what would have been our fate, I know that people have lost some huge amount because they were not patient enough to wait before they cashout but it will be nice if these person recall some moments the same cashout help, I also do not agree that cashout is a trap afterall bettors are left with option just as you explained.

[Ishicryptic]

If you see cash out as a trap then that is what it is for you but I see cash out as an escape route if you want to cut your risk and take what you can because if you see the ticket through to the last game there is no guarantee that you must win your bet. Gambling is about taking risks and if you've been lucky so far and feel like you should take what you can because you don't know whether you will lose everything so take it. Sometimes you can feel confident to test your luck till the end then you shouldn't take the option. If you're betting for fun you shouldn't be rigid, you can decide to take cash out or you can decide that you don't want to, whatever works for you.

[Fortify]

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?

Cash out can be very useful, because we all make mistakes over the years with betting and it let you step back out of a bet without losing everything - even if you do have to take a little hit up front. Alternatively I've seen plenty of games where the underdog can get ahead by some piece of fluke early on, you might dive on a bet the is in play, watch the match swing back to the favorite and cash out. There are plenty of different ways it can be used to your advantage, but I agree it does look very tempting when you are ahead and the guaranteed money is jumping up or down as it heads towards the end of the game. People and maybe gamblers especially, have a very short term view, rather than the more calculated data analysis that drives the majority of bookmaker decisions, but we also get very jumpy. We are inherently bad at guessing using all available variables and often over estimate our abilities.

[Royal Cap]

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

I don't know how others feel but I usually withdraw as soon as I touch the minimum cash out limit. Then I feel like at least something is safe, there is no risk of losing everything, when that small profit comes into my hand, I get a peace of mind. Many people may say that it destroys value or is not good in the long term and they may not be wrong. But for me, this safe feeling is more important than always taking full risk, Because I can't take the frustration that comes once everything turns upside down, So I don't know if it's the perfect strategy but in my play style, it keeps me controlled and helps me maintain balance. Although I gamble less now.

[Pandu Geddon]

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.

Don't gamblers still consider the profit from the cashout offered by the bookmaker? I know the amount is certainly not as good as winning fully, but the bettor has already seen the numbers, and if it makes sense, there's no problem in using the cashout to secure a win.
I know there is a sense of guilt if a full win should have been achieved, but do you also consider gamblers who end up failing to win because they ignored the cashout? It doesn't matter who is favored more. The feature can help bettors, but it can also make them regret it.

[Cryptomultiplier]

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.

Don't gamblers still consider the profit from the cashout offered by the bookmaker? I know the amount is certainly not as good as winning fully, but the bettor has already seen the numbers, and if it makes sense, there's no problem in using the cashout to secure a win.
I know there is a sense of guilt if a full win should have been achieved, but do you also consider gamblers who end up failing to win because they ignored the cashout? It doesn't matter who is favored more. The feature can help bettors, but it can also make them regret it.

The cashout option is not a compulsory feature for gamblers on their platform of choosing, it is an option that can be ignored for another like a one game cut option of flexi option or the likes. It is one of the features a gambler should choose from for better experience and to improve their winning chances instead of recording more losses in total.
It is an option to use at ones discretion, not a compulsory option of selection.

[Patikno]

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?

I don't think everyone uses early cash out as risk management, as it can be used to seek quick profits or as a betting strategy. Sometimes I use the early cash out feature in fast-paced e-sports matches, intentionally betting on the under, meaning an early cash out is profitable when the match goes according to my prediction, even the early cash outs have often saved me from total losses. So, I think early cash outs are part of a betting strategy, or maybe even a smart bet.

Well, whatever method we use to gamble or wager, it is best to maintain good financial and time control. Always use money we can afford to lose, and don't gamble excessively, especially to the point where it interferes with productive time, that should be used wisely. Essentially, a responsible gambler is one who wisely controls themselves when gambling, and I am convinced of that.

[Smartprofit]

I'm naturally paranoid. 🙋 It's a personality trait. Whenever I find myself in a new place, like a new building, the first thing I do is check for an emergency exit.

Because sometimes it's much easier to get in than to get out... And life throws surprises at every turn.

In my opinion, the most important feature on an online casino or bookmaker website is the ability to withdraw funds. I realized the vital importance of this option back when I was still actively trading on cryptocurrency exchanges. One day, my satoshis were blocked on the Bitfinex cryptocurrency exchange. It was a very unpleasant experience!

I also often withdraw part of my winnings from online casinos right during the game, but I don't consider this cowardice or lack of confidence. It doesn't detract from my performance, and I don't perceive it as a trap. In any case, I stick to my own gaming strategy, and the ability to quickly withdraw part of my funds to my cryptocurrency wallets fits perfectly with that strategy.💁

[shinratensei_]

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

It's a smart betting. When someone was not really sure about the last leg in his parlay, yet he already got big by winning the rest of parlay, he should cash it out. Win is still a win. The better to stay safe than say sorry.
I'd rather walk away with the profit on my account instead of see my bet turn into a loss because of greediness. Believe me, there's no better thing than securing your profit.

Even if you lose a lot of potential profit, you're still winning it caused by you already cash out it. Sometimes, i'm wondering why many people hate to cash out. So i guess it's caused by their ego to win more instead of playing safely.
However, i'm against cashout only of it gave not worthy profit to cash out like you bet $5, then it turns to $8 but you decide to cashout.

[Agbamoni]

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.

It is a matter of choice to accept the cash-out offer or reject it. It has nothing to do with low confidence. If the cashout offer is a substantial amount, I dont mind taking it, to avoid being greedy, but if the amount is too small, I would rather take the full risk. There are times were i regret why cashing out and times when i rejoice that i cashed out the game.