cash out is a hidden trap

[Oluwa-btc]

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?

That's not a strategy but on the grounds that you're avoiding loosing entirely then cash out could be the only options. So usually when the game is still on some might lose interest in the bet cause it's always bent on favouring the bookies but I don't see anything wrong with catch out options cause they are sometimes live saver during when you don't have much hopes on the team picks.

[Dr.Bitcoin_Strange]

It is not a trap, although I have thought like you before but I got more clarity after I raised the topic too. Cashout can help you cut down on your loss and can also help prevent you from losing completely. It's not also everyone that uses the option, however it is very advantageous to gamblers  and it also have advantage to the bookies that set it. If it was not beneficial to the bookies, they won't add such feature and if it was not also beneficial to gamblers, they won't use it.

Withdrawals are a crucial feature for players, and they should definitely use them. If they're lucky, and they're blinded by their apparent success and overly excited, they'll simply continue playing without withdrawing a single cent. I think it would be nice to withdraw some of your winnings to get some emotional thrill out of winning in real life, because there's a huge chance you'll leave it all in the game and later lose everything. This might work for many players, but it's definitely not for me, because I play to win and withdraw, and for nothing else.

Honestly, I have lost so many games because I refused to withdraw the cashout amount that the bookie was offering  to pay me so that I can forfeit the potential winning. After losing the bet, I ended up regretting why I didn't take the cashout, on several occasions which I have lost bets like that, so I decided to always accept withdrawing the amount once it shows up, although I have an enhanced approach now.

[oktana]

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’ll agree with you, but some time cashout option might be a last resort when games are going south, better going home with stake than losing everything. Some people use it as strategy especially when they know the game is a dead end. It can be risk management and also fear, mostly fear for most people. Personally I have cashed out and turns out full game came through, the regret that comes after that is second to none lol, on other days, I’ve cashed out and was grateful I did. It’s a 50/50 imo.

[Altryist]

I’ll agree with you, but some time cashout option might be a last resort when games are going south, better going home with stake than losing everything. Some people use it as strategy especially when they know the game is a dead end. It can be risk management and also fear, mostly fear for most people. Personally I have cashed out and turns out full game came through, the regret that comes after that is second to none lol, on other days, I’ve cashed out and was grateful I did. It’s a 50/50 imo.

I only remember the cash out option when I’m placing the bet, during the game itself, I completely forget about that feature. And when the bet is already losing, I start analyzing everything and remember that the cash out option was there and maybe I should have used it. I also want to see what kind of cash out the bookmaker offers during the match when your bet is in a winning position. Maybe it makes sense to secure a smaller profit right away instead of waiting for the end of the game. So for me, this feature is still not fully explored.

[KTChampions]

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

It's not a trap, it's an option, but of course, financially, it works in favor of the bookmaker and not the player. It would be strange if someone gave you the option to lock in profits/limit losses for free  To understand how expensive this option is, you just need to compare a cashout with a hedging bet (as if you didn't cash out but simply made a hedging bet, but bookmakers don't like that, so keep that in mind). A hedging bet is always more profitable.

[Accardo]

I’ll agree with you, but some time cashout option might be a last resort when games are going south, better going home with stake than losing everything. Some people use it as strategy especially when they know the game is a dead end. It can be risk management and also fear, mostly fear for most people. Personally I have cashed out and turns out full game came through, the regret that comes after that is second to none lol, on other days, I’ve cashed out and was grateful I did. It’s a 50/50 imo.

Cashout has more regrets in it, most players find it hard to take the offer as an avoidance strategy to losing all their bets, due to their so much belief in the remaining games, yet doubts lays in and ulters the trust they once had, which the decision ends in a regret after taking the cashout and the other games plays, losing out the entire rewards. Most of my friends come complaining over similar cashout mistakes but nothing could be done about it, this is more like an extra layer of predicting games after the initial prediction.

[NurseHub]

To some extent I think cashing out doesn't make the bettor less confident. It can be a smart move too in some aspects, and it's not something you should regret except if you aren't ready for it.

So I don't think cash out is a trap. It's also a safe tip to learn. But there is this thing I do that has saved me a couple of times. I double stake, and when I feel it's not giving me the result I needed, then I cash out one to compensate myself instead of losing everything.
And if it comes out me winning the game, I don't regret the one I cash out.

[fikrett]

Both.

Depends entirely on the situation in question.. But you can basically just put targets for yourself, weekly ones or monthly ones, and if you need 2-3 bets to finish the target up, you may use the cash-out option to just fill the gaps.

However.. It's all up to debate, imo, someone is more ballsier with their bets, someone plays it safe.

[GiftedMAN]

That's not a strategy but on the grounds that you're avoiding loosing entirely then cash out could be the only options. So usually when the game is still on some might lose interest in the bet cause it's always bent on favouring the bookies but I don't see anything wrong with catch out options cause they are sometimes live saver during when you don't have much hopes on the team picks.

Definitely, at times in gambling cashout can be a life saver, which can help one in preventing them to lose all their money, that doesn't make them to be a irresponsible gambler and this also prevent them to have that desire of wanting to chase after their losses, though it might not always turn out to be a good choice but in most cases, " half bread is better than none".

[Fivestar4everMVP]

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 either be a smart betting strategy or a trap depending solely on who is using it and how it's being used, somebody can't be cashing out games that later play in their favor and still believe he or she is smart, if anything, a cashout on a game that later ended in the favor of the gambler is nothing but a loss and this usually get me really upset anything I make such errors.

But then, there are times cash out can be a life saver, like its commonly said in my place that when a fish that is already caught tries to jump back into the river, cut its tail atleast so you don't go home empty handed..
Cashing out on games that later ended in a loss is always sweet, it makes the gambler feel smart, like not allowing all the money staked on the bet to go just like that..

So, in the nutshell, like I said before, cash out can be a smart strategy in betting, and it can also be a trap, it all depends on who is using it and how it's being used.

[len01]

IMO, the cash out feature isn’t a trap at all. It’s a tool designed as a win win solution for both the bettor and the bookmaker.

The logic is pretty simple. When a bettor starts to feel unsure about the final outcome but is already in profit, they have the option to secure that profit through cash out, even if it’s only half of the potential payout, or sometimes even less. It gives players control over risk management instead of leaving everything to the final whistle. And if the match eventually ends exactly as originally predicted, it usually doesn’t hurt that much because the bettor already locked in some profit earlier. On the other hand, the bookmaker also benefits since they don’t have to pay the full winning amount.

[Bluedrem]

In most cases I prefer to withdraw most of my winnings. Because if you don't withdraw winnings, a heavy portfolio encourages me to gamble aggressively. And I am very conscious about gambling. I think being aggressive in gambling is like jumping into a fire. When someone wants to gamble aggressively, that's when they get hurt the most. So I don't withdraw most of my winnings to suppress my aggressive attitude. I think this can be a strategy for every gambler. When they win, they withdraw most of their money so that they don't have to play aggressively.

[Sandra_hakeem]

In most cases I prefer to withdraw most of my winnings. Because if you don't withdraw winnings, a heavy portfolio encourages me to gamble aggressively. And I am very conscious about gambling. I think being aggressive in gambling is like jumping into a fire. When someone wants to gamble aggressively, that's when they get hurt the most. So I don't withdraw most of my winnings to suppress my aggressive attitude. I think this can be a strategy for every gambler. When they win, they withdraw most of their money so that they don't have to play aggressively.

What are you talking about ?? Did you even bother to check on the thread to which this reply was posted? This topic is about the 'cash out' option as a hidden trap, and you're talking about how a heavy portfolio encourages you to gamble aggressively? Just don't mess this up for yourself and if it's a mistake, you better clean it up.I find it very difficult to ignore the cash out and it has helped me in a couple of settings. Maybe my story is always different, but I haven't cashed out and had any of the pending games play out later on... That's an A+ for gamblers, but it depends on so many factors.

[Bluedrem]

What are you talking about ?? Did you even bother to check on the thread to which this reply was posted? This topic is about the 'cash out' option as a hidden trap, and you're talking about how a heavy portfolio encourages you to gamble aggressively? Just don't mess this up for yourself and if it's a mistake, you better clean it up.

Thanks Sandra_hakeem. Now I understand the whole point, here it is actually about the cash out feature of gambling platforms. Actually, I was unable to understand the point at the beginning. Yes, the cash out feature is not effective as long as a gambler can earn money by gambling.
But when the cash out feature is included in gambling platforms, it attracts gamblers more and creates a strong impression in their minds that they can win money by gambling in the country and withdraw it from there.
Actually, I did not understand this point earlier. Thank you again for pointing out the mistake.

[Sandra_hakeem]

What are you talking about ?? Did you even bother to check on the thread to which this reply was posted? This topic is about the 'cash out' option as a hidden trap, and you're talking about how a heavy portfolio encourages you to gamble aggressively? Just don't mess this up for yourself and if it's a mistake, you better clean it up.

Thanks Sandra_hakeem. Now I understand the whole point, here it is actually about the cash out feature of gambling platforms. Actually, I was unable to understand the point at the beginning. Yes, the cash out feature is not effective as long as a gambler can earn money by gambling.

Again, what do you mean here?

But when the cash out feature is included in gambling platforms, it attracts gamblers more and creates a strong impression in their minds that they can win money by gambling in the country and withdraw it from there.
Actually, I did not understand this point earlier. Thank you again for pointing out the mistake.

Well actually, it seems like you don't even understand the concept behind the discussed feature on this topic in the first place. Instead of just writing more incoherent lines of post, why not try to read through the thread?

[Marykeller]

You can think of cashout as whatever you wish, but nothing is as okay as you bet with a smaller amount to end up having a small profit, no matter how little it is, at least you can use the money to get something for yourself, which doesn't sound bad. By the way, most gamblers are not gambling to make a fortune out of gambling.

[WhoYouCantKill]

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.

Sure it has almost everything to do with Low confidence. If there are no cashouts presented to you, even if you feel the odds are against you or the game is playing contrary to what you predicted at that moment, you’ll still remain optimistic and full of confidence, but the moment a cashout pops up, even if there’s still enough time on the clock for the game to get fixed, you’ll likely not be as optimistic and confident as much as when there’s no cashout option.

[Ever-young]

You can think of cashout as whatever you wish, but nothing is as okay as you bet with a smaller amount to end up having a small profit, no matter how little it is, at least you can use the money to get something for yourself, which doesn't sound bad. By the way, most gamblers are not gambling to make a fortune out of gambling.

I agree with you. The moment that a gambler starts to gamble without actually setting any targets or standards for themselves, they’ll have more clarity on how to effectively navigate these things, including manage their emotions. What most makes gamblers reject cashouts even if sometimes it’s actually big enough, they’ll simply reject it while aiming for the target they had already set in their mind, and this is often what makes some gamblers Not to ever leave the casino with anything and this could in other words can also be regarded as being greedy.

[Gozie51]

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

I don't see cash out as a trap even though some will argue that it is not a smart betting. I just see it as a decision taken in the process of your game just as you have gambled to win or to lose. Using cashout is like a betting option too, to stay longer and win all or to take what you have won midway so you don't lose everything at the end.

Cashout isn't about confidence most times because those that have been confidence about their game and refused taking the cash out have lost too while some win at the end, it is about risk taking. For me, I believe cash out have made more people winner instead of losing all.

So it is a choice and not a trap to use cashout .

[Leahized]

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 do not look at the matter of withdrawing money in a bad light. If a gambler withdraws some money after winning, it will be his savings. There is no confidence here because we all know that most people lose in gambling. Well do you think I should risk gambling? I don't think it's a place to take too many risks.This can cause a lot of damage. On the other hand don't expect too much profit and the best way is to cash out as soon as possible. And I think this is one of the tricks of gamblers because many gamblers chase losses because of lack of this strategy. And can't control himself.