Why has bookies not automate the same feature they enabled?

[Zlantann]

So, the main question is that, why does bookies not automate this option. Would it be a disadvantage to them if they allow it?

If it is automated, people would still complain that the casino is not giving them an option to make decisions. I think allowing it as a manual option is best. It is up to gamblers to make the decision if they want to cash out or wait till the game is over. Maybe casinos could have an option where gamblers can set their account so that the system will automatically cash out at a certain level. But you would have the freedom to enable or disable it.

[Grace333]

I don't know if anyone have previously or recently brought this topic up for discussion but if it already exist, please point it out so I can lock this one.

For the sports bettors in the house, I believe that you are already familiar with what cashout means in sports book, for those that doesn't know or doesn't use the option, cashout is an option in bookies that allows bettors to settle their bets even before the game ends.
Instead of you to be waiting for the final result of that game, the bookie would offers you an amount of money based on how your bet is currently performing. You could cashout out less than the amount you staked or above the amount you staked but not above your potential win.

So, the main question is that, why does bookies not automate this option. Would it be a disadvantage to them if they allow it?

I see where you're headed, but I don't think casinos would automate that because if they do they'll definitely be on the losing side. I trust gamblers would want to abuse the option by making consecutive amount of bet and setting a small cashout gain from all of them though this might be risky as well as every betting strategy but chances are that if this is implemented it might result to more loses to the casino. Though similar thing like this exit the trading and it still doesn't make tge trader be more profitable.

[L E G E N D A R Y]

So, the main question is that, why does bookies not automate this option. Would it be a disadvantage to them if they allow it?

If it is automated, people would still complain that the casino is not giving them an option to make decisions. I think allowing it as a manual option is best. It is up to gamblers to make the decision if they want to cash out or wait till the game is over. Maybe casinos could have an option where gamblers can set their account so that the system will automatically cash out at a certain level. But you would have the freedom to enable or disable it.

I believe there are casinos that already have this option, Although I know it's not yet widely adopted by much casinos, but I think I've seen it in a few, some casinos even allow you to make some kind of partial cashout, where the gambler only chooses to cashout some money, while still allowing the other ones to play through. But I do share in your thoughts, making the cash out option manual is the best, at leat it gives gamblers the flexibility to choose what they reallly want.

[knowngunman]

I understand what you have all said but actually the reason I decided to create this topic is because lately I missed a cashout due to my absence at that moment. I was busy and unable to take cashout on that paraly before the game finally ended in lose. Had it been the bookie had an option where I could set the desired cashout amount that I want, definitely I would not have lose the bet because it would have automatically close the bet for me after reaching the price I set it to activate.

I don't know your country of residence or the gambling platform you play in but this feature is actually available in some of the gambling platforms in my own country. It allows you to set any amount you may want to cash out in between your potential winning amount. Once your cashout amount reach the amount you set, it automatically execute and cashout your bet regardless of what the later outcome might be. There is also a partial cash out that allows you to cash out part of your cash out offered to you by bookies but this is not automated, you'll do it manually from your end. This features look as if bookies care about the players but they don't really give a damn. They end up paying you part of potential win if you cash out and the bet later win instead of paying full potential win.

[Dr.Bitcoin_Strange]

They can offer an automate feature like if a parlay ticket is right 6 out of 9 games,

Yea, but it doesn't have to be enabled in only parlay bet, it should also include single bet.  I have cashed out from a single bet many times. There was even a single bet that gave me 55% of my potential win as cashout but I didn't take it because the game was already 70 minutes gone and the team I bet on was already leading 3 goals and so the bookie offered me about 55% of the potential win which I didn't take because I know the team are going to win the match.  so, if the bookie wants to enable a feature where better can automate their cashout, it is a feature that is suitable for both parlay and single bet. ‎
‎
‎I think I'm satisfied with the opinions here already, as I have learned from your thoughts what I needed to know.  thank you all.  locking the thread now.