Your thoughts on auto-cashout feature

[shawonngp]

I haven't had the opportunity to explore the auto cash-out feature yet, because it is very likely that this feature has not been implemented in the sites where I am gambling, I think it is a very effective feature for many gamblers, it is very important for those who are addicted to gambling, as if they win, at least part of their profit will be instant cash-out, their losses will be less and they will bet with a low amount. It is not a significant feature for small bettors and irregular gamblers like me. So this feature is not for me.

[Outhue]

I believe that auto cash out makes sense, because there are times where you don't even want to go back and check your result after a game ends, if you don't get any cash out means you lost, I believe that I am not the only one who have felt this way, there are some games that you believe deep down that you aren't going to win but you proceeded because you have that money doing nothing for you, but sometimes they tend to surprise. Anyways, I'm already used to the traditional way of cashing out, I don't see the need to force auto withdrawal on myself right now.

[Bryan jessy]

I have not seen this feature yet in any casino, but if it is already existing it's a nice development, this will spice up the betting game even more, instead of waiting or watching till the end of the game, one can just make use of the auto-cashout as a replacement to continue, since it does not require your presence a bettor can leave to attend to other things while his betting is going on, no physical monitoring and the mental stress, for someone who does not want to see how the game will end, setting up this auto-cashout to the amount you want to cash out will be really helpful. I wish other casinos will be able to introduce this method too,  it's a wonderful initiative.

[Barikui1]

I believe that auto cash out makes sense, because there are times where you don't even want to go back and check your result after a game ends, if you don't get any cash out means you lost,

This is a feature that have it advantages and disadvantages because it might be of great benefit sometimes when the game would have failed in the end, but you will not be happy if the automatic cashout take you out from a bet you would have won if you would have been patience enough to wait for all the games to play, so it's best to say that once you start using this automated cashout options, their is no going back because you have resigned to winning big when gambling, since you will want to be running away with a smaller wins , because I know the regret that comes with it, when all your bet played, but you have already cashed out peanut, instead of waiting for all to play, so it has it own good and bad side.

[TedMosby]

I haven't seen crypto casinos that have that feature before. And I think it's a necessary feature to implement for all casinos, not only in their sports betting feature but also in their casino games as well. It probably will help us rely on logic instead of being carried away by emotional influence. It's just like setting a TP point in trading. I also created a trading bot for this reason, to not rely on emotional bias, to make me stick with my trading plan, and to know when to take profit or stop loss. But in practice, I don't have the guts to rely entirely on the logic of the system I created. This situation often leads to losses or missing out on potentially greater profits.

[Patikno]

This is the first time I know about an auto-cashout feature. I have only seen regular cashouts ,and early payouts, but auto-cashout is new to me. Maybe, the feature the OP mentioned is similar to the "take-profit" feature in trading, right? If so, I think it s very useful, and can be very helpful when we have a specific target for each bet, especially in sports betting. Personally, I will give it a try when I find it, and I am curious to see if the results are satisfactory or not.

I have one question; does this feature also have the same function as "stop-loss" in trading ?

[Somegory]

I think this feature will work best for people who place bets based on scores, I have been looking for this feature but I couldn't find it so I just go my normal old way, this will come in handy.

I just wish that many sport betting platforms will support such feature, OP what is the name of this platform that you use with this auto cash out feature? I bet it's not a online casino.

I said this because almost all online casinos that I have used don't support sports betting and none of them has this auto cash out feature available.

[CryptSafe]

Actually I haven't seen this latest cash out option on my gambling app, perhaps it's only on some few gambling site, but it is very nice at least it will help you save the stress of cash out when you are offline. This is just a kinda offline cash out where you set tbe cash out amount and it automatically cash out. Indeed it's a welcome development. This is a good news In the gambling industry. I actually lost a game I would have cash out some time ago because I was too busy to remember when to cash out, but if this type of option was available maybe I would have win more times than lose.

I do not think this cash-out option is available in the majority of casinos currently. I also do not think some of the casinos would buy the idea of having an automatic cashout option because they might stand to lose more if players use such features and constantly rake in funds for themselves on match day with the automatic cashout option. It is either they are online to follow up with the match and cash out at any point in time when the option is available, or they miss out, and that is what I believe the majority of the casinos are up to, which we all know, and this helps them make more money than to implement this automatic cash-out option.

[blomen]

if something happens that makes you less confident in your bet, if you suddenly need the money back, or if you need to withdraw your funds for any reason, i think cashout is a pretty good option. at the very least, it’s nice that it gives users freedom.

after all having that option there doesn’t hurt anyone, you can just keep betting normally and not use it. but it can be really helpful to have it there when you need it. i think this is the main area online casinos should focus on. there should be even more features that benefit some gamblers without affecting others.