Your thoughts on auto-cashout feature

[Richbased]

I took a break from gambling for about a couple of months ago, today i decided to return back and stake a bet in a fiat casino and after staking my bets, i saw that a feature of an auto-cashout has been made available where one can set a cashout limit. For instance, when you stake a bet and the potential winning is $1000, you can set the auto-cashout at $200 such that when the bet approaches a cash-out of that amount, it automatically cashout by itself without you needing to do it manually.

I am really excited by this feature because i could recall a time when i wanted to cashout a bet but i was having a poor network which lasted for several hours and it made me not to cashout the bet and in the end the bet lost. If a feature like this auto-cashout was available then i wouldn't have lost the whole winning since it will just cashout by itself.

However, just like the manual cash-out option, the auto-cashout feature can also cause many people not to win the actual amount but it's still a good development for those who do have double thoughts either to cashout a bet or not. Will this feature be helpful to achieve winnings or another way to distract us from winning the total returns of a bet?

I saw that a suggestion of this feature was made some time ago by @bSpend: Suggesting a feature for casinos
Does anyone know if any crypto casino has made this feature available?

Edit:

This is a bet i just stake not quite long, you can see the auto-cashout feature from the screenshot.

[Dunamisx]

I'm yet to see a future like this before from a casino, but if truly exists, then some gamblers will definitely appreciate using this automatic cash out feature, since we have the option of either selecting it or not, there are some cash out that we only got to a single particular game that will cost the entire bet to lose, and for those that will always appreciate cashing out in gambling, this will be a very good to take for them.

[Mahiyammahi]

I didn't saw this type of features any casino yet. Would please tell me which casino you used for this feature. Well we usually set a goal before staking our bet that if we hit this stage we will cashout. But sometimes or most of times we don't follow our rules after winning our targeted amount from casino. Winning leads us usually to bet more  in a hope of winning more. Which eventually turns out we lose , not only our profit but also our investment on casino.

So I think if this force cashout would apply to use , we could atleast secure our investment or maybe secure our whole investment. Whatever you choose you must control you gambling habbit other wise even this auto cahsout feature can't save you from your miserable destination.

[DubemIfedigbo001]

Auto cashout feature would really make sense since it would allow gamblers exit the bet when the renumeration reaches a certain amount. It would make more sense if it has an upper and lower boundary so you can either take profit or stop loss where applicable. I browsed about this and saw that some sportsbooks are gradually adopting it, but I've not seen it in those I use yet, maybe when it gets more popular, more sports books would be inclined to adopt the freature.

[Frankolala]

It's a good feature and I like it when casinos are improving their service and make life easier for gamblers. I wouldn't use such features because it can deprive me from a big win. I prefer the manual cashout features than this automated one. However, we are different and have different reasons why to use it or not.

[Charles-Tim]

It can be a very good option to you, but I can not make use of it. I prefer not to watch the matches I bet on than to be thinking of using cash out, so auto cash out is not a thing for me at all. But maybe some bettors can benefit from it. I have used cash out before several times and I noticed as it has advantages, it has disadvantages.

[Somto9Light]

I'm yet to see a future like this before from a casino, but if truly exists, then some gamblers will definitely appreciate using this automatic cash out feature, since we have the option of either selecting it or not, there are some cash out that we only got to a single particular game that will cost the entire bet to lose, and for those that will always appreciate cashing out in gambling, this will be a very good to take for them.

It will be a really good one, it will make some gamblers happy because there are some times one will just want to cashout, if they see the way the game is going and won't want to lose everything, they will just use cashout to retrieve some of their funds. Also, there are some gamblers that uses cashout as way of earning money from gambling, with this idea things will become easier for them and don't think its tool will cause addiction, but there are some people that will get trapped due to they can't control their emotions.

[Sammye3]

Auto cashout feature can be seen in sports betting but I don’t know much about casinos and I would say that it's a really good feature that has helped many in times of distress or poor network just like OP mentioned. But in a situation where the rest of the game won after the auto cashout triggered, what would be your reaction?

It is always important to play safe but many would rather take that risk and win big or lose everything, so it's a matter of preference. It could be the best feature for some and the least attractive feature to others. In my general perspective, it is a good feature that helps with risk management but I dont know for a certain that it exists in casinos.

[yahoo62278]

I took a break from gambling for about a couple of months ago, today i decided to return back and stake a bet in a fiat casino and after staking my bets, i saw that a feature of an auto-cashout has been made available where one can set a cashout limit. For instance, when you stake a bet and the potential winning is $1000, you can set the auto-cashout at $200 such that when the bet approaches a cash-out of that amount, it automatically cashout by itself without you needing to do it manually.

I am really excited by this feature because i could recall a time when i wanted to cashout a bet but i was having a poor network which lasted for several hours and it made me not to cashout the bet and in the end the bet lost. If a feature like this auto-cashout was available then i wouldn't have lost the whole winning since it will just cashout by itself.

However, just like the manual cash-out option, the auto-cashout feature can also cause many people not to win the actual amount but it's still a good development for those who do have double thoughts either to cashout a bet or not. Will this feature be helpful to achieve winnings or another way to distract us from winning the total returns of a bet?

I saw that a suggestion of this feature was made some time ago by @bSpend: Suggesting a feature for casinos
Does anyone know if any crypto casino has made this feature available?

I have not seen any casino utilize this and as a bettor I honestly wouldn't use it. If a game is huge for me, I am most likely watching the game and have the website I bet on open. I rarely use the cashout feature but I want the option in front of me just in case. Have faith in your selection, sites have that option there to save money.

[Richbased]

I didn't saw this type of features any casino yet. Would please tell me which casino you used for this feature.

This is a bet i just stake not quite long, you can see the auto-cashout feature from the screenshot. I don't know if it is right to reveal the gambling site and if it is not restricted in your country.

This is an interesting feature, curious about the name of your site.

The name of the gambling site is written in the screenshot, you can find it at the top between the staked about and the potential winning.

[jeremypwr]

I've never heard of this type of feature and I don't think I would use it.
There's just too much variance it seems and I'd prefer to chose if and when I cash out.

[salad daging]

I didn't saw this type of features any casino yet. Would please tell me which casino you used for this feature.

This is a bet i just stake not quite long, you can see the auto-cashout feature from the screenshot. I don't know if it is right to reveal the gambling site and if it is not restricted in your country.

I wonder if this is a crypto or fiat casino site? As far as I know betting on sports there is no ‘Auto-Cashout’ feature this is a personal experience betting on casinos that are on the forum, maybe there are many casinos out there just now just know it. This is an interesting feature, curious about the name of your site.

[CryptSafe]

The auto cashout option is quite a good one to say, and it could help limit or stop losses on games we do not have the chance to watch as a result of the time factor, but we put a bet on such games hoping to get a win from it. As many players have said, I could use such an option when I know I would not be able to view the match as a result of activities or work. But I would not use such an option when I am viewing the match live because my attention is there, and it would not make any sense to do so at that moment.

[Crypto_Timothy]

I dont think i have seen anyone in a crypto Casino yet but i remember seeing this on some betting apps like Sporty bet sometime ago and i thought it was pretty cool becuase just like you said, i know a couple of times where network was the reason i lost some wins, cause it still remember the cashout option showing but when i was clicking it, it was just hanging and then it goes invalid and before i know it, the game is over. Alot of other times it was just that i forgot to checkout and the game cuts, so yeah, having a feature like this is very very cool especially becuase it can help you plan, if you savebet with autocashout, you can plan mutiple game and even if just fraction enters and that fraction was your safe bet, thats still money and also good wins.

[OgNasty]

Interesting. I’m still not clear if it acts like a profit loss protector or a target sell amount. Either way, it is always nice to have options. I think the more features like this that can be created for players, the more opportunities will be presented. I hope we see more of this sort of development in the future.

[Itz-prisigold]

The auto cashout option is quite a good one to say, and it could help limit or stop losses on games we do not have the chance to watch as a result of the time factor, but we put a bet on such games hoping to get a win from it. As many players have said, I could use such an option when I know I would not be able to view the match as a result of activities or work. But I would not use such an option when I am viewing the match live because my attention is there, and it would not make any sense to do so at that moment.

Another good benefit about auto cashout feature is because it really helps in removing emotions when a person want to make a decision.  Most times when your bets are going very smoothly, greed will want to make you hold on longer than you actually planned, then maybe at the end of the day things might even turn around unexpectedly.

So when a gambler have a target set in advance it will help to maintain discipline and also protect some part of your profit,  even if you are watching the game or not.

[Cryptomultiplier]

I dont think i have seen anyone in a crypto Casino yet but i remember seeing this on some betting apps like Sporty bet sometime ago and i thought it was pretty cool becuase just like you said, i know a couple of times where network was the reason i lost some wins, cause it still remember the cashout option showing but when i was clicking it, it was just hanging and then it goes invalid and before i know it, the game is over. Alot of other times it was just that i forgot to checkout and the game cuts, so yeah, having a feature like this is very very cool especially becuase it can help you plan, if you savebet with autocashout, you can plan mutiple game and even if just fraction enters and that fraction was your safe bet, thats still money and also good wins.

This feature almost looks like what stop loss is for those who are familiar with trading. It's a nice feature I must say because I too have been a victim of having lost a bet because I couldn't cash out on time for network reasons or perhaps I was too slow to do so until the whole bet resulted into a loss.

I am yet to see this feature in sportybet which you mentioned because I do use them to place bets sometimes, but now you mentioned it available there, I would check it out to see how it helps my future bets.

[Showlove01]

The auto cashout option is quite a good one to say, and it could help limit or stop losses on games we do not have the chance to watch as a result of the time factor, but we put a bet on such games hoping to get a win from it. As many players have said, I could use such an option when I know I would not be able to view the match as a result of activities or work. But I would not use such an option when I am viewing the match live because my attention is there, and it would not make any sense to do so at that moment.

Another good benefit about auto cashout feature is because it really helps in removing emotions when a person want to make a decision.  Most times when your bets are going very smoothly, greed will want to make you hold on longer than you actually planned, then maybe at the end of the day things might even turn around unexpectedly.

So when a gambler have a target set in advance it will help to maintain discipline and also protect some part of your profit,  even if you are watching the game or not.

In as much as I would love to say that auto cash out is very good I will also like to tell you that Auto cash out has a disadvantage too which sometimes can make us regret why we used it in the first place, let's take a scanerio where you played a game and set an Auto cash out and then the game cash out along the long the line but it happens that the game finally entered all, how will you feel seeing the potential win and the money that was automatically cashed out. The only time I can use this option is in slot game where I don't have choice.

[Richbased]

Interesting. I’m still not clear if it acts like a profit loss protector or a target sell amount. Either way, it is always nice to have options. I think the more features like this that can be created for players, the more opportunities will be presented. I hope we see more of this sort of development in the future.

It acts as a target sell amount where you will have to set the cashout amount you would want to win if peradventure some of your accumulated bets are playing according to how you predicted them, then as soon as the cashout amount gets to the auto-cashout level that you've set, it will automatically stop the bet from running and cashout it out to your account balance of the gambling site. This means that you do not have to log in anymore to perform a cashout. The usefulness of this feature is that you might have in mind to cashout a bet if it gets to a certain amount but you might have a busy schedule where you won't have the time to monitor the bet and probably do a manual cashout. All you need do is just set the auto-cashout amount and go about your business.

[Exitoral]

Will this feature be helpful to achieve winnings or another way to distract us from winning the total returns of a bet?

I saw that a suggestion of this feature was made some time ago by @bSpend: Suggesting a feature for casinos
Does anyone know if any crypto casino has made this feature available?

Edit:

This is a bet i just stake not quite long, you can see the auto-cashout feature from the screenshot.

For me, this is actually nice for a start. You are having worries about people not actually winning the full money if the bets goes your way. Maybe another feature like that can come on board. Who knows. But for this feature, it will definitely make a lot of people not to win the full money if the bets goes in their favour. At the end of the day, this feature might benefit a lot of gamblers. It means continuous winning if you are ready to let go of the full wins.