The cash out myth I know. Which do you know?

[Dr.Bitcoin_Strange]

This, kind of depends on the gambler, there is no such myth for a bettor who doesn't even want to take cash out offer for every bets they make. I know of bettors who don't take cash out, once they place their bet, they are expecting to win the potential amount or lose the stake, it doesn't matter whether there was cash out or not. Meanwhile for a bettor that likes to take cash out, they will always check the game over and over to confirm if there's a cash out opportunity so they can take it before it disappears. I do take cash out and so I check like that after placing the bet.

Probably it really differs per experience in a person on their gambling journey. While our experiences differ from one another, we all know the common denominator- which is that greed can definitely kill your whole experience.

True, experiences in gambling is usually different among gamblers because each and everyone of us are using different casino and also has our different favorite games which could have some characters that another game doesn't have, similarly to the differences in casinos too. Greed is one enemy to temporary success in gambling, that's for sure but again, I just think everyone have their style of playing.

[DubemIfedigbo001]

someone who is interested to cash out at any time in other to recover his capital from gambling will be interested to monitor the game how it is going and when it will benefit him as a gambler

Anyone doing this surely didn't gamble with what he can afford to lose, I believe that if they did, they wouldn't be interested in recovering their capital for fear of losing it, as against trying their hand on getting the total winning amount if they're lucky, it boils down to responsible gambling and it's safe to say that if guys gamble responsibly, they wouldn't be so attached to monitoring their games constantly and targeting to cash out which would likely prevent them from getting the total winning amount if the game eventually win and as well as distract them from doing other productive things with their time.

[Findingnemo]

someone who is interested to cash out at any time in other to recover his capital from gambling will be interested to monitor the game how it is going and when it will benefit him as a gambler

Anyone doing this surely didn't gamble with what he can afford to lose, I believe that if they did, they wouldn't be interested in recovering their capital for fear of losing it, as against trying their hand on getting the total winning amount if they're lucky, it boils down to responsible gambling and it's safe to say that if guys gamble responsibly, they wouldn't be so attached to monitoring their games constantly and targeting to cash out which would likely prevent them from getting the total winning amount if the game eventually win and as well as distract them from doing other productive things with their time.

We can't say that they are ot being responsible and stake more money if they keep tracking the game and looking for cashout option, it could be a natural instinct of being too conservative and don't even want to lose a dime at all to the platform.

[Johnlomape]

‎I actually do think it would be a myth to say that a gambler will lose more cash out opportunities if they fail to remain logged in, and always constantly check their betting platform to monitor their bets despite using a local sportsbook/gambling platform or the more modern cryptocurrency sportsbook/gambling platforms to place bets.
‎
‎Do you agree with this and do you have more cash out myths you know?

Like what people used to say that money at hand is better than the several promises you may have gotten from people to give you money. As gamblers, opportunity comes ana go and you don't have to be greedy.
You can easily lose money to gambling when you don't have the mentality to cashout your money when you are expected to do that. The cashout is a limited opportunity that will be given to gamblers to collect available fund that worth their current when awaiting for a bigger opportunity to give them bigger amounts of money.

[DubemIfedigbo001]

...

We can't say that they are ot being responsible and stake more money if they keep tracking the game and looking for cashout option, it could be a natural instinct of being too conservative and don't even want to lose a dime at all to the platform.

Well, if they don't want to lose, why then do they gamble?
That's some sort of contradictory, anyone who gambles must accept the possibility of losing and if you're too loss conscious, then how would you win good amounts?

I've seen people, even in the gambling groups I belong to that are very conscious of saving their capital and maybe little profits that is available on cashout, more than they're of getting good profits from winning the total amount and about 80% of them(I'm just being conservative) gambles with very high amounts and always panic when games are looking like it's not really going in their favor.

I believe gambling with what you can afford to lose helps you relax more and let fate decide the result of your gambling activities.

[Findingnemo]

...

We can't say that they are ot being responsible and stake more money if they keep tracking the game and looking for cashout option, it could be a natural instinct of being too conservative and don't even want to lose a dime at all to the platform.

Well, if they don't want to lose, why then do they gamble?
That's some sort of contradictory, anyone who gambles must accept the possibility of losing and if you're too loss conscious, then how would you win good amounts?

I've seen people, even in the gambling groups I belong to that are very conscious of saving their capital and maybe little profits that is available on cashout, more than they're of getting good profits from winning the total amount and about 80% of them(I'm just being conservative) gambles with very high amounts and always panic when games are looking like it's not really going in their favor.

I believe gambling with what you can afford to lose helps you relax more and let fate decide the result of your gambling activities.

The argument doesn't make sense, it is like asking a person who is afraid of a car crash why he chose to drive. I am saying that they chose to drive safely and don't want to give any oppotunity for the bad thing to happen.

The only thing is they should not stake more than they can lose, but saving the wagered money in the middle of it is different thing in my opinion.

[Hispo]

It is a fact the Cash-out feature is supposed to be taken advantage of by bettors who have the chance to stay logged I to their accounts and closely monitor how odds move during their selected matched. It would.not make sense to even think of using that feature is one will be away from one's keyboard.

Also, I have mixed feelings about the feature itself. I think it is good for some bettors to have the option to Cash-out because the match has even reached its end, and I am sure there have been people who have won some money because of this feature. But I am the kind of bettor who believes one is supposed to go until the end with one's choice.

Sometimes, this feature is beneficial in one way, but in the other side; it can be detrimental.

Personally, I ever felt lucky because I used this feature in a match, and in the middle of the match I used the cashout feature to gain a profit (although not a total one). However, I have also ever felt unlucky because I used this feature (cashing out a bet I placed while losing), even though I could have gained a profit if I had just been a little more patient. So, I sometimes feel confused about what to do at certain times, and it really bothers me. I don't know if I am the type of bettor who has to persevere until the end for a bet I place, but I probably wouldn't use the cashout feature when I am losing, and I would just let it flow until the end.

I would personally never use Cash-out feature in order to sit on a loss... I would also rather to see if the match could turn in my favor if I am patient enough.
Also applies to trading in the Bitcoin market, you know... If I opened a position and it happens to be a bad one, making me to lose money I would prefer to keep it open in the long term in order to hold and see profit in some months, instead of closing such position and get some losses.

It is basic psychology, I think. It is easier to stick to chances of still making money, even though the situations seems to be dire for our positions both in the betting markets and on the trading market.

I am sure there is a lot of people as well in platforms like Polymarket, who have missed out opportunities to double their money because they decided to go for cash out.

[Versatile_choice]

[~snip~]

it is not necessary to login untill all the event finished except it is a somebody who is serious to cash out but someone who is not interested in cash cannot be interested to be logged in until all the process finished, so for me it depends on the individual determination that we make the person to be logged in or not so this is what we are supposed to understand because someone who is interested to cash out at any time in other to recover his capital from gambling will be interested to monitor the game how it is going and when it will benefit him as a gambler

Staying logged in might not be necessary for you, As for me  it is necessary of which I have my reasons for saying that. Of course it is individuals choice to decide if they are going to stay logged in until the whole events ends of they will just go offline while the game play, yes I used to do that most of the time but at some point I became worried, i keep asking myself that what if I'm giving the opportunity to cash out, how am I going to know? The truth is I'm used to making cashing out that is why I like keeping a close eye on my bet.

[Odusko]

someone who is interested to cash out at any time in other to recover his capital from gambling will be interested to monitor the game how it is going and when it will benefit him as a gambler

Anyone doing this surely didn't gamble with what he can afford to lose, I believe that if they did, they wouldn't be interested in recovering their capital for fear of losing it, as against trying their hand on getting the total winning amount if they're lucky, it boils down to responsible gambling and it's safe to say that if guys gamble responsibly, they wouldn't be so attached to monitoring their games constantly and targeting to cash out which would likely prevent them from getting the total winning amount if the game eventually win and as well as distract them from doing other productive things with their time.

We can't say that they are ot being responsible and stake more money if they keep tracking the game and looking for cashout option, it could be a natural instinct of being too conservative and don't even want to lose a dime at all to the platform.

Let me use my betting pattern and lifestyle as a gambler for example innthis case, most times that I stake a bet, I only tldo that when I have full conviction that I am going to win the full amount as my odds and staked amount award it on the slip, I don't even check the cashout balance for any reason because that is not within my intention.

[Findingnemo]

~
Let me use my betting pattern and lifestyle as a gambler for example innthis case, most times that I stake a bet, I only tldo that when I have full conviction that I am going to win the full amount as my odds and staked amount award it on the slip, I don't even check the cashout balance for any reason because that is not within my intention.

I am not any different than what you describe as your betting style and I even be stubborn to cash out when the game I made a bet is crashing already, but this is my way of gambling but it doesn't mean when someone keep tracking and being fluid with their decisions and still maintains the conservative approach is not irresponsible behavior.

[knuckey]

myth, there is no wasted opportunity and no regrets, it all depends on each person's strategy, I usually take advantage of the profitable time in the final minutes, especially in the 70th minute in football, with the cashout feature I almost always make a profit for the next ten minutes, whatever it is, the simple thing is how is your strategy, and does it match your plan?

[Filicius]

‎I actually do think it would be a myth to say that a gambler will lose more cash out opportunities if they fail to remain logged in, and always constantly check their betting platform to monitor their bets despite using a local sportsbook/gambling platform or the more modern cryptocurrency sportsbook/gambling platforms to place bets.
‎
‎Do you agree with this and do you have more cash out myths you know?

I place bets in advance, follow the game as a fan and "forget" about my bet, then I simply collect the results after (whether they are good or bad).
In other words... I always go to "all-in", it is very rare for me place a bet and cash out early, all of my bets is made based on predicting the final result, and that is something I do not like to change.

I act just like you alegotardo. Apart from the fact that I think being aware of the bets would make me bet more by thinking more about them, I doubt that my results would improve if I took the opportunity to cash out early because, deep down, luck can turn around at any time, and no one assures you that it would not be better to leave things as you left them in the beginning. Complicating without being reasonable that such an effort is worthwhile does not make sense to me.

[Orpichukwu]

We can't say that they are ot being responsible and stake more money if they keep tracking the game and looking for cashout option, it could be a natural instinct of being too conservative and don't even want to lose a dime at all to the platform.

How can someone stake money in a game and stay online watching the game move every minute, waiting for every little change, and then decide to cash out? Well, we gamblers operate and reason differently. To me, monitoring games too strictly can cause one to cash out when he should have not, just as one can easily be influenced by market movement to sell off if the market is dropping in crypto.

[DubemIfedigbo001]

Well, if they don't want to lose, why then do they gamble?
That's some sort of contradictory, anyone who gambles must accept the possibility of losing and if you're too loss conscious, then how would you win good amounts?

I've seen people, even in the gambling groups I belong to that are very conscious of saving their capital and maybe little profits that is available on cashout, more than they're of getting good profits from winning the total amount and about 80% of them(I'm just being conservative) gambles with very high amounts and always panic when games are looking like it's not really going in their favor.

I believe gambling with what you can afford to lose helps you relax more and let fate decide the result of your gambling activities.

The argument doesn't make sense, it is like asking a person who is afraid of a car crash why he chose to drive. I am saying that they chose to drive safely and don't want to give any oppotunity for the bad thing to happen.

Your analogy is very incorrect.

Car crash is only synonymous with addiction in gambling because both points to destruction.

Losing money in gambling can be likened to maintaining your car, changing oil or some worn out parts which you know is obtainable and takes money. So it's more like you're being conservative in it's usage so you don't maintain it sooner. If you gamble for fun, the you shouldn't bother if the money in lost.

The only thing is they should not stake more than they can lose, but saving the wagered money in the middle of it is different thing in my opinion.

We've been saying the same thing and somehow I think you missed out on the main reason I started referencing irresponsible gambling, let me help you

someone who is interested to cash out at any time in other to recover his capital from gambling will be interested to monitor the game how it is going and when it will benefit him as a gambler

Do you come into gambling with the intention to recover your capital or to get profits from it?

If you are interested in recovering your capital from gambling, does it mean you gambled with what you can afford to loose?

[L E G E N D A R Y]

How can someone stake money in a game and stay online watching the game move every minute, waiting for every little change, and then decide to cash out? Well, we gamblers operate and reason differently. To me, monitoring games too strictly can cause one to cash out when he should have not, just as one can easily be influenced by market movement to sell off if the market is dropping in crypto.

Yeah, people don't have same reasoning when it concerns money, and they do what they believed its right and suitable for them, as there are some people that just place bet for them to cashout, they don't care if the game will come out good or not and they are okay with that choice and that might be the reason why some people glued their eyes on screen, as they don't want to miss any opportunity if them losing the cashout and for them, that's the only way for them to play safe gambling.

[Achalugo BTC]

myth, there is no wasted opportunity and no regrets, it all depends on each person's strategy, I usually take advantage of the profitable time in the final minutes, especially in the 70th minute in football, with the cashout feature I almost always make a profit for the next ten minutes, whatever it is, the simple thing is how is your strategy, and does it match your plan?

Exactly, nothing is wrong as long as its their decision to make and okay by it, as not everyone has the habit to be patience but those who always exercise patience are aware of the potential risks and are ready to accept whatever may be the result. So, that's why everyone has their own strategy logic in gambling as everyone tolerance is different  but the fact is that its essential for one to bet the game with what they can risk, as that its another way to remain discipline in the game.

[CryptoYar]

Majority of platforms will keep your money out option open for whole duration of the event and only rarely will you lose your money out chance if you take your eyes off it, unless you are in a very fast moving in play position.
Larger cash out false idea is that its always the right thing to do. Cash out platforms have advantage in pricing your position and you will rarely receive the actual value of your position. It sounds like win, but it is normally better for bookmaker than the player. Another one is that you are not subject to losses when you cash out. It does in specific cases. However, if you are constantly taking money out on winning positions and letting losing positions ride with hope of bounce back, you are hurting yourself overall in the long run. Cash out option is a handy feature, NOT a strategy.

[Junii]

platform to monitor their bets despite using a local sportsbook/gambling platform or the more modern cryptocurrency sportsbook/gambling platforms to place bets.
‎‎Do you agree with this and do you have more cash out myths you know?

Yeah i also noticed that this cashout philosophy is just a myth because bookmakers calculate cash out values to protect their own profits  so the offer is often lower than the true value of your bet. I think the best strategy is do not automatically accept every cash out. First of all compare the offer with the actual chances of the bet winning. Also the biggest mistake people believe is that constantly checking your bet gives you more control. But once the bet is placed  watching it every few minutes does not change the outcome of the bet. It only increases stress and can lead to emotional decisions.

[Bitcoin_Arena]

‎I actually do think it would be a myth to say that a gambler will lose more cash out opportunities if they fail to remain logged in, and always constantly check their betting platform to monitor their bets despite using a local sportsbook/gambling platform or the more modern cryptocurrency sportsbook/gambling platforms to place bets.
‎
‎Do you agree with this and do you have more cash out myths you know?

Why not look at it also on a flip side?

Like a gambler will not have any more cash-losing opportunities if they don't remain logged in?

Just like trading, this is a two-sided coin. Unfortunately, we tend to focus only on the profit side and not the loss side, which is also likely to happen whether we like it or not.

[Yeesha]

This, kind of depends on the gambler, there is no such myth for a bettor who doesn't even want to take cash out offer for every bets they make. I know of bettors who don't take cash out, once they place their bet, they are expecting to win the potential amount or lose the stake, it doesn't matter whether there was cash out or not. Meanwhile for a bettor that likes to take cash out, they will always check the game over and over to confirm if there's a cash out opportunity so they can take it before it disappears. I do take cash out and so I check like that after placing the bet.

Probably it really differs per experience in a person on their gambling journey. While our experiences differ from one another, we all know the common denominator- which is that greed can definitely kill your whole experience.

True, experiences in gambling is usually different among gamblers because each and everyone of us are using different casino and also has our different favorite games which could have some characters that another game doesn't have, similarly to the differences in casinos too. Greed is one enemy to temporary success in gambling, that's for sure but again, I just think everyone have their style of playing.

Gamblers have different styles they use to play, and not everyone will be interested or comfortable to take cash out offer, and besides the belief of every gambler after staking should be "they might win or they might lose. Some people will not hesitate to grab the cash out opportunity, just incase they lose at the end, they will have something to hold on to, especially if they risk a little amount of money they will feel less burden. The decision that every gambler chooses to make will be based on their interests, personalities, perspective or from their point of view. But from my perspective the cash out offer will only promote greediness and lack of contentment.