Cashout as a strategy

[alegotardo]

The first thing you need to understand is that the bookmaker charges an implicit commission for closing early. The amount they offer will always be less than the actual probability of your bet winning at that moment. In short, we accept an unfair payout in exchange for eliminating risk.

I never withdraw on advance!
Wen I place a bet, I consider that money "lost"... it is like I am going for "all or nothing". Sometimes I do not watch the games that I bet, but when I watch it, I never worry about the bet... I prefer much more enjoying the game than worrying about winning or losing the money from the bet. Am I wrong or doing something wrong ?

I do not know, but I appreciate people who can place in real time bets and think quickly, but I am the type of person who likes to plan bets in advance and not worry about it until the game is over.

[Oluwa-btc]

The strategies I would recommend are:

1- You bet on a team, they're winning, but their best player gets sent off and the opposing team is laying siege to their penalty area.

2- If you only have a few minutes left and the profit is already 80% or 90%

Recently cash outs is been recorded as a strategy mainly because it has serve to the interest of the gamblers on the grounds of going home with a particular amounts other than loosing the entire bets altogether though I don't see it as one. It's just luring manner of letting the gamblers know that they are entitled to something provided they are in loss. It's more like a compensation but then I believe eveye gambler deserves that but it shouldn't be regarded as a strategy in any way.

[joeperry]

It all depends on individual, I personally don’t like the idea of cash out , I can’t imagine betting on 9 matches probably 8 has been won and we are left with 2 or 1 match , them the next thing is cashout , which comes with  small offer , most times after cashing out them you will realize the game was won and you start regretting why you didn’t wait, it has happened to me severally, because I never wanted to lose out but I end up regretting, but now I don’t cash out, I rather lose all  of than cashing out , I have build my mind to that point now .

I get what you are saying and it happened to me a lot, there's some instances that I cashed it early and my bet is a winning bet and the total amount that I only get is around 40% of my bet. I didn't say that the cashout feature is not helpful because there are times that I can sense that the team is losing (for instance, they lose a star player due to injury), then cashing out is the most good option, even though it's lower than the standard cashout (because I think they still making money at you if you use cashout) it's better than losing all your bet but there are times that, no matter what happen I will not use a cashout feature. It's actually case to case basis, some people may find it useless but some may find it useful at right moment.

[Tungbulu]

Recently cash outs is been recorded as a strategy mainly because it has serve to the interest of the gamblers on the grounds of going home with a particular amounts other than loosing the entire bets altogether though I don't see it as one. It's just luring manner of letting the gamblers know that they are entitled to something provided they are in loss. It's more like a compensation but then I believe eveye gambler deserves that but it shouldn't be regarded as a strategy in any way.

Well some people actually use this cashout of a thing as an actual strategy. I have a friend who literally does this. He picks a long parlay of games, maybe about 20+ with a combination of both high and low odds, he does this not because he expects all the game to be green but solely because he planned to use the cash out option to be his exit plan, he’ll say when the game is halfway, and he notices he’s having a good amount for cash out, he’ll just take it immediately, securing the win and maybe decide to rebet the game or not.

[Achalugo BTC]

There are some persons that totally gamble and their strategy is to cashout, so that they won't lose all their money but they failed to understand that not in all bets that cashout will display, that is to say that cashout also depends on the games they pick, which is why it necessary for gambler to calm down and pick game that even if everything doesn't go as planned, at least there will cashout that can replace their loss.

[Kelward]

I like to see cash outs as an option rather than a strategy, if you are offered an option of a cash out you decide whether you want to take it or not, whether you take it or not you're taking a risk. I don't think that strategies are quite necessary when it comes to cash outs, it should be a decision that you take at the moment unless you have made a decision that you cannot go for cash out. The best thing to do about cash out is to take a stand about it either that it is not for you or you will consider to take it or not when it is presented to you. Since having a cash out strategy doesn't guarantee wins we should rather see it as an option and decide whether we want to take it or not.

[Alpha Marine]

What I do is, sometimes I place bets where the end product is to cash out. The potential payout of the bet is usually very high, so that when a few gaes have played, and the cashout price is reasonable, I cash out. This is because there is a very big chance that along the way, one or two matches might go against my prediction, so I cashout before they even start the game. The goal is to make a reasonable profit compared to my stake.

Previously, I usually duplicated the ticket. I purpose bet the same game twice so that I can cash out one and leave the other just in case. I haven't done that for a while now, but I think I will go back to doing that. Cashing out like this helps me a couple of times.

[Somegory]

Always take profit when they are available, it's greediness the moment you start to believe that your gamble will soon get to a certain amount, you can end up losing everything.

I guess this is the same risks that traders and investors come across, they planned for everything only to feel trapped when their target isn't meet and instead of them to walk away with what have on the table they choose to confuse themselves that things will be better.

Emotions are pretty hard to control, I am also a victim to emotion and I still battle with it, I doubt I would do well as a gambler, I really do, because as a day trader that I am I couldn't control myself very well.

[rachael9385]

The first thing you need to understand is that the bookmaker charges an implicit commission for closing early. The amount they offer will always be less than the actual probability of your bet winning at that moment. In short, we accept an unfair payout in exchange for eliminating risk.

The strategies I would recommend are:

1- You bet on a team, they're winning, but their best player gets sent off and the opposing team is laying siege to their penalty area.

2- If you only have a few minutes left and the profit is already 80% or 90% of the total prize, sometimes it's not worth worrying about that remaining 10%.

3- Don't act out of nervousness. If you do this systematically, you'll lose money in the long run.

A good exercise is to note down how much you would have earned if you hadn't cashed out for a month. If the figure is much higher than your actual earnings, you're being too conservative.

The cashout system can be a good strategy if a bettor can follow these recommendations you listed. A lot of people combine more than 5 games on a bet slip using a huge amount to stake with and they wait till the games play out completely instead of taking cashout offer when a few teams they bet on are winning, greed won't let them do this.

[POPOLUV]

I have come across some many gambling that doesn't make use of cashing out and  their the tickets do cut when it is just remaining fews games to win and the one that Marvel's me currently a man that sees over $500 in his tickets to cashout but the man couldn't not proceed to make use of cashingout strategy because he so much believe on the remaining two games out of 14 games and which the potential winning is over $1000,000, and so many gamblers that saw the Cash out amount beg him to cashout but he decided to leave the game play finished and the remaining games cut on the process and winning the man didn't see and the cashout disappeared, for me i so much believe on this cashout as a strategy to be making use of because it has been helping me since this season, what i always do is that i do have a back up plans in staking any games, i do stake or printout one ticket in two different copies so that i will have one as cashout strategy ticket and the other ticket i will allow it to play finished and such plan has been working for me all these while as far as gambling is concerned.

[Bigjoe33]

I’d rather go with the 2UP option than cash out. There are casinos that offers some options whereby a player can actually take home part of the winning price even when one or two games goes bazaar. Although the amount would also be reduced but not as much as when you go ahead to cash out a game that you could’ve ordinarily won if you had some more patience and confidence in yourself.

We all know that it's gambling and nothing is too sure. You can decide not to cash out, and at tyebwnd loose all the money and then live in regret. While some other time, you can decide to cahs out and at the end, you discover that you would have won completely if you allowed the game because it played completely. So, it's not a matter of who takes cash out or who is patient or has confidence enough on himself, because you can't be so sure of anything. It's about ur mindset. Can you bear that you lost the money when you knew you could have made almond 70% of the present money. So, if you can't bear any negative outcome, just cash out, but if loosing the money wouldn't affect you, then bet.. it's  your money, you can use it pleases you

[Text]

for me cashout is more of a risk management tool not really a long term strategy.

I think the key is selectivity if someone cashes out almost every time then yes the opportunity cost will add up but if it’s used only in specific scenarios where the match dynamics clearly change it can help protect the bankroll so for me the balance is don’t cash out because of nerves but also don’t ignore obvious risk changes in the game.

[xenomorfo]

I have come across some many gambling that doesn't make use of cashing out and  their the tickets do cut when it is just remaining fews games to win and the one that Marvel's me currently a man that sees over $500 in his tickets to cashout but the man couldn't not proceed to make use of cashingout strategy because he so much believe on the remaining two games out of 14 games and which the potential winning is over $1000,000, and so many gamblers that saw the Cash out amount beg him to cashout but he decided to leave the game play finished and the remaining games cut on the process and winning the man didn't see and the cashout disappeared, for me i so much believe on this cashout as a strategy to be making use of because it has been helping me since this season, what i always do is that i do have a back up plans in staking any games, i do stake or printout one ticket in two different copies so that i will have one as cashout strategy ticket and the other ticket i will allow it to play finished and such plan has been working for me all these while as far as gambling is concerned.

I didn't know this type of game, but if you can't cash out what does it give you? Like discount coupons. I didn't understand the example you gave very well and I'm particularly curious. Can you explain it to me again? A thousand thanks.

[BABY SHOES]

We all have different strategies for cashout.

If I bet on a single match, I do not use cashout if I am losing, I just leave the match to be played finish and see if I win the bet or not.

If I go for parlay of many matches and I have won huge amount of money already while one of few matches still remain to be played, I may prefer to just csshout.

I am not pressured to cashout because I use small amount of money to bet. I know when it is right to cashout.

That's what I do... for single bets it's rare to cashout because I leave this until the match is over, whether you win or lose it doesn't matter the cashout feature will not be clicked.

Unlike the parlay bet ... I don't want to be traumatized before where I almost won a high odds parlay but in the last match it didn't go as expected, so now in parlay betting when there is an opportunity offered by the bookie to cashout and several times the bet capital I will do it.

An example like this.

[Fiatless]

Your recommendations are good since we lose some percentage when we cashout and our come plays. But we should also consider the risk of losing if you refuse to cashout. I have had several experiences when I lost my bets because I failed to cashout when. I had the opportunity. There are also times I have regretted my cash-out since it would have led to a win. My stance now is that I cashout when I am moved to do it. Sometimes it can be painful to lose a game that had a substantial cash-out option.

[michellee]

If cashout can gives you solution, you can take it and out from the market. Cashout is the way to close the bet no matters if my team win or lose. At least, I can takes some amount and often the amount is more than the bet amount I placed.

I still profit doing that although I don't win full money as the predicted. That is no problem for me because I have much time to win the full money and I don't have to feels greedy and waiting until the match is end because the outcome is not guarantee to win.

[Grace333]

The first thing you need to understand is that the bookmaker charges an implicit commission for closing early. The amount they offer will always be less than the actual probability of your bet winning at that moment. In short, we accept an unfair payout in exchange for eliminating risk.

The strategies I would recommend are:

1- You bet on a team, they're winning, but their best player gets sent off and the opposing team is laying siege to their penalty area.

2- If you only have a few minutes left and the profit is already 80% or 90% of the total prize, sometimes it's not worth worrying about that remaining 10%.

3- Don't act out of nervousness. If you do this systematically, you'll lose money in the long run.

A good exercise is to note down how much you would have earned if you hadn't cashed out for a month. If the figure is much higher than your actual earnings, you're being too conservative.

Absolutely a great approach you have there. It's impossible to know what will happen next even OGs in gambling can't tell you for certain what the future holds all they do is bet and hope for the possible outcome, yet some people still make it feel like they know what will happen next and they are 100% sure of their predictions. If we should tell ourselves the truth then you'll find out that even those with confidence ends up taking the shame of losing a prediction so well as though they knew loss was coming. 80% is even way higher, if the star player have been removed while the opponent are making alotbof effort the cashout amout would drop but it's still ok for me provided the amount to be won from the cashout is worth more than 3x my actual bet amount I will definitely cashout.

[Dr.Bitcoin_Strange]

The reality of betting is that we don't guess right what the outcome is going to be at the end of the game, we just check some stats and then come up with our prediction which most times becomes the reality while most times too it doesn't end as we predicted it to, that's why when ever  I stake on a game or on a parlay and I see that the teams I bet on are giving me doubt or if I see a cash out amount that is very cool to take, I will quickly cash it out, that's part of my strategy.

[Eternad]

Your recommendations are good since we lose some percentage when we cashout and our come plays. But we should also consider the risk of losing if you refuse to cashout. I have had several experiences when I lost my bets because I failed to cashout when. I had the opportunity. There are also times I have regretted my cash-out since it would have led to a win. My stance now is that I cashout when I am moved to do it. Sometimes it can be painful to lose a game that had a substantial cash-out option.

It always work both ways depending on the outcome of our decision making. In the end, we don’t know what exactly will be the outcome which means taking a decision that will make us contented should be the top priority regardless if you will cash out or play through.

As for me, I always stick to a fixed decision making which is not taking cashout to stop being confused in case the outcome gives mix result like taking cash out while the game won and not taking cash when the game lose.

By having fixed decision you will not be confused on your next move and just accept whatever will be the result.

[Findingnemo]

I rarely cashout on single match but when it comes to multibet then it make sense to cashout rather than taking the risk of losing more, people think that just one more game and they are leaving with huge money but that one game is always the problem so just be sensible and take away with whatever you have. But if you decide to go though the risk t it is fine also but you need to accept if it ends up in a loss.