Cashout as a strategy

[Mr Reporter]

Well, on a normal reasoning, I expect that cashew nuts should be an exit strategy for us not to the entire bet we have taken, while some may see it as a disappointment because you don't want to miss out winning a huge amount of money at the end of it, but if we are to weigh into the conditions that involves cashing out and not cashing out, we can see much of the advantage than it disadvantages, because it will be more painful that we have the opportunity of cashing out and does not utilize it, but end up losing.

I would say for a person to start cashing out in a live place bet it more like not been greedy at my own end if they ask me i you made a point about the cashew nuts i was trying to understand your point from where you might be coming from please sorry if this is sound more like a worng word to use….well this has happened to me some many times when I would the opportunity to cash out but at some stage their is this inner voice ringing in your head telling you not to cash out…

[FirmWars]

I have observed my cash out in some bets, the amount is not usually up to 80 or 90% of the potential win, sometimes I look at the cash out and I feel discouraged seeing that it's not up to 40% of the potential win, it's not really a good strategy IMO because you are not certain of the games outcome, you can accept to cash out the 40% and end up winning the bet, that's when you will regret your decision because you can recall the 60% that you have lost. I can take cashout but I don't consider it a good strategy for me to use always.

The strategies that some of people are using in gambling is very wrong strategies and that’s why most of the people always lose when they place bet. There’s stage that some people need to cash out their bets in to prevent them from losing everything they bet, but some will be thinking wiseness of my betting is up to 60 to 70% of the potential win the best thing is to cash out them later regret from the back.

Every strategy has a specific function, it might not be a bad strategy to Mr. A but would be a bad strategy for Mr. B just like I said that it's not a good strategy, I'm referring to myself alone and not other gambler because this same strategy practically might have been a good strategy to other people such as the OP who is making reference to how someone can cash out 90% of their potential win while I have not seen up to 90% cash out from my own end. If truly one can cash out 90%, that's a big fish to grab and you won't regret losing 10% even if the game became successful, but only cashing 40% and losing 60% is not so good for me.

[Nwada001]

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.

I have not calculated how much different it is between casinos that offer the option of losing one or two games and still getting some money back, but one difference they always have is that for such an option there is a limit to the number of games that you are to add to your parlay list; if it's not up to that number, they won't allow you to take some money when you lose.

[lombok]

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.

I have not calculated how much different it is between casinos that offer the option of losing one or two games and still getting some money back, but one difference they always have is that for such an option there is a limit to the number of games that you are to add to your parlay list; if it's not up to that number, they won't allow you to take some money when you lose.

The management has come up with very strict mathematical calculations on the refund system in combined betting. The required number of matches means that we have high possibility of success keeping in mind that this would be profitable to the service provider. When we do not fulfil these requirements, the loss of the capital protection facility will set in automatically. The scrutinising of the rules in the game makes us clear of our heads whenever presented before temptations of the sweet promises by the entertainment industry.

[swogerino]

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.

I think I will agree with that second point in the sense that you need a good percentage before you cash out yet the best would be something more traditional. For example I always cash out if more than for example 60% of games have finished like I predicted meaning that from a 10 parlay games I would cash out and not risk it anymore as probability to lose your ticket is always on the increase despite looking otherwise on paper, I would not care much if I only got 60% payout as long as I am consistently winning this minimum of 60% rule that I use when playing in sport betting. I have seen many tickets being ruined to me because I waited for more than 60% of the games to finish before I cash out and the results were not optimal, quite the opposite they were a lot of lost tickets which were a lot of money lost in the long run.

[famososMuertos]

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I think that more than a strategy, it's determined by the size of your bet and what it represents. I place dozens of bets, and if I had to check the cashout for every single one, I'd go crazy. In any case, if I ever bet something like $500 on a single match, I’d definitely be watching the entire 90 minutes (in the case of soccer, lol.)

Cashout is more of a betting tool than a strategy. Let me explain: imagine the goalkeeper gets injured or receives a red card. Having both scenarios (live and pre-match) makes cashout a great option to have.

I think cashout is similar to when you're holding Pocket Aces (AA) and you're on the bubble, or just one spot away from the final table or a better payout. Many would play them regardless of the circumstances, while others wouldn't. I believe that same logic applies to using cashout.

[Richbased]

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.

If you gamble with such mentality of calculating the amount you would have won if you didn't do a cashout, it might be very traumatic especially when you cash out on bets that involves huge amount. No need to check on how much you had lost through the idea of cashing out early but if you don't want to cash out a bet you should learn the habit of staying mute and don't check your bets when the matches are ongoing. Checking bets while it is still live can cause cashing out because you will begin to have mixed feelings of cashing out or not which if you don't cash out and the bet fails that will be another problem.

[Wakate]

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.

I have not calculated how much different it is between casinos that offer the option of losing one or two games and still getting some money back, but one difference they always have is that for such an option there is a limit to the number of games that you are to add to your parlay list; if it's not up to that number, they won't allow you to take some money when you lose.

The 2up option is a cool one but that doesn't mean that you can be lucky to win because what of 2 consecutive goals does not comes out for the team you predicted to win? What if the opposite happens? There are so matches where I will prefer 1UP than using 2UP because I may feel like taking less risk especially if I doubt that the club selected may not score multiple goals or win at the end of the match.

[GxSTxV]

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.

When it’s a game that you are watching, knowing exactly how both teams are playing, I would say that the best choice is always following your instincts and take the risk of what you predict is coming. I personally rather bet on what I believe is coming, a goal, red card or whatever… better than not having a bet on what’s you predicted and then really happened later.

As you said here, bookmakers will always give you a choice on single bets, less profits just to tempt you cashing out safe but less. My opinion that will always stay neutral and won’t recommend following because each person should enjoy the way he sees it, but: I prefer to go all the way with my bet till last seconds of every match.

[Cantsay]

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.

2UP? Fr? Maybe it's just a "me" thing, but there's no way in hell that I will ever try that shit out - I just feel like it's not worth it... I really don't know how it works but at a time when I was setting it up, after clicking on the option to still be able to get rewarded even after losing 2 legs in a parlay, i saw the payout and instantly cancel it. They literally just remove all the rewards and left me with almost my stake.

[Agbamoni]

Wise suggestion and contribution you made here. Nervousness leads to impulsive decisions at time in regards to cash out offers. For many people, they do not know if they should rely on cash-out offers or see their games to the end. I would recommend seeing games to the end because, as you said, the cash out offers are not near the percentage that is supposed to be offered when the probability of winning the bet is high.

[Asiska02]

Isn't this a bit contrary to our purpose of gambling?
If you can't afford to lose, it's best not to gamble. I realize that everyone has a different strategy. If fear haunts you or you feel unsure about your chosen team, the cashout feature is very useful, but sometimes we regret using it when we see them win.

Reading through comments, I had already thought like you also. Seeing some comments on why cash out option can be very good for a gambler, then seeing it coming with its own cons again makes one want to even let everything be. And by doing so, it is already signifying that you’ll stick to what made you bet the first time, it is either you win or you lose. By winning, you’ve got to collect all profits from your bet, and if the trade ends up in a loss, it still signifies yourself been okay with the loss after risking only what you can afford to lose.

[odunybiz]

At some point in gambling, being conservative to taking near winning cash out is far better than a total loss of your entire bet, from what you explained, if your team is winning. You are at 80% play time, but your top player got kicked out, at the point the bookmaker will start lowering your total available cash out amount since your risks of conceding goals are increasing.
It is left for you to either take the risk to wait for your total payout, or possibly lose out on all, is left for you to decide as a bettor. But for me, I will definitely cash out unless I am already 2 or more goals ahead in the match.

Don't let us forget that this bookmarkers are also wise. Immediately they sense such may happen, they lock all games options including cashout. After the incident, they open game with an unreasonable cashout which may not even up to the amount you stake. This is why I hate cash out. Well I see this option as an escape route for gamblers that gamble majorly for profit. I don't really bother myself after placing bet because I mostly bet for fun and my betting is majorly parley (accumulated bet) and sometimes I use option like 1 GAME CUT to secure my winning more.

It is a strategy to me because the options is available and where an individual gambler doesn't get this option that means they selected another option that made it not available.

Just like you said, option like "1 game cut" never come with a cashout with the bookies I'm using. May be that was part of the reason why I don't see cashout as an escape route to avoid loses in gambling.

[EluguHcman]

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%.

The point of profit ℅ is always what makes most players loosing it all to 0℅ over greedily ignored to cash it out because of wrong decision of not considering the necessity of plan-B were you could take the little available on cash out instead of loosing it at your aim of earning a 100℅ profits.

Cash out strategy may be very nice to manage risk but it deepens emotions to heart breaking when you are too delays and too quick to cash out.
As such situation can not be guaranteed, so gambling entirely can now be so it is advisable to always make decisions that won't be regretted.

[Jody.Drummer]

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.

You're right, we have to be smart and wise when gambling, so it's best to always take profits when they come. Most people, even though they've made a profit, don't take some or all of it, but continue to gamble with the thought that they can make even bigger profits. The important thing to remember is that gambling, or anything else for that matter, can be detrimental if done with unstable emotions. Gambling is something that can affect our emotions, so being smart and wise in making decisions is the way to save ourselves from significant losses.

[OsaiEmma]

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.

Using the cash out option is never a loss despite what you have calculated after the end of the month and here is my logic.

We are all working on a potential winning, it's not like it is a certainty, as at then, your gut feelings told you, "this might go awry get out now" trust me, gut feelings are good strategy too in gambling, I mean, after all, it is a game of luck, although some strategy can be established on sports betting. So what if you didn't cash out and you lost the whole slip, isn't that even worse.

If let's say, ur potential winnings for the month if you haven't cashed out on some games came out to be like $1000, and you're now ending up with $300 winnings, that is still a win, and there probably might be some cash out that saved you from some losses too, so in all probability cash out option is never a loss, unless after cash out u lost some money due to how bookmakers reduces the cash out amount, but if you made some profit, it's never a loss.

For me potential winning is not truly winning cause anything can happen, that potential winning is also a potential loss, so for me cash out option is not a loss, but a strategy to lock in some profit on a potential loss, that's my POV.

[maydna]

Cashout is good way take your profit although not full. The important is you can get your initial money and also the profit. You can expect to make full win money in other games so there is nothing too worry if you are not get all money.

You make a right decision by cashout because you don't know when the game is change. And if we see that our team may not gets much chance to win, we can cashout and takes the money.

With cashout, you don't have to thinks about end of the game.

[tygeade]

It's clear that we are seeing what this is becoming because we are talking about something that should not be all that easy. Because when you win, cashing out becomes harder, because you think the winning will continue and things are looking great and you have this euphoria that makes you think that you can actually make some great return.

However, in most cases if you do not cash out, then you are going to lose back all that you won, so it would be smarter to just cash out for sure. It's just not that great at the moment, because many people do not use this or utilize cashing out that quickly. When you are even betting on like a parlay, and there are 10 games, and you won 8 of them, not waiting for the last two would still be smart to just take whatever profit you can.

[SmartGold01]

What you should also understand that is that cashing out something that is designed to help the bettor or gambler secure a little bit profits from his bet knowing too well that he doesn't trust his bet 100 percent or if he is having a doubting heart about his game he could just cashed to at least balance himself or her self Abit while the game ends wrongly.
Most times cashing out is something that is designed for people who wrongly select the games they aren't meant to pick so they could easily Cash and have another good selection of games before placing their bet.

[Pandu Geddon]

The point of profit ℅ is always what makes most players loosing it all to 0℅ over greedily ignored to cash it out because of wrong decision of not considering the necessity of plan-B were you could take the little available on cash out instead of loosing it at your aim of earning a 100℅ profits.

Cash out strategy may be very nice to manage risk but it deepens emotions to heart breaking when you are too delays and too quick to cash out.
As such situation can not be guaranteed, so gambling entirely can now be so it is advisable to always make decisions that won't be regretted.

When you have decided to cash out, it is better not to regret your bets. After all, the profit is in hand; there is no need to regret a few percent lost from your hands. 
If you believe in the bet you made, it is better to place the bet and leave. Don't monitor the progress of the match; if you can't handle it, panic and hasty decisions will indeed happen.