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Author Topic: To always cash out is a losing strategy after all.  (Read 1144 times)
Zadicar
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Today at 05:54:59 PM
 #141

It has long been no secret that the casino tries to win on absolutely every move of the player, and therefore, if he withdraws a deposit, then, of course, the casino does not like it very much, because they want him to continue playing until his deposit is completely empty. Therefore, if any gambler starts making money, then depositing, then withdrawing, he will face the fact that his amount of money will decrease. Well, I think the casino is pushing this idea with commissions so hard, because only the player will start withdrawing money on emotion, and he will either be depressed and will not care about the commission, or get at least some amount. Or he will be very cheerful because of the winnings, and he will not pay attention to the commission.
Whenever you do make a deposit into a casino then you do automatically be needing to reached that 100% wagering requirement before you can withdraw on what you had deposited and thats the default to avoid for people to wash their coins on making deposit then make a withdrawal and with that only then getting out would already that pain in the @ss and majority of gamblers ending up on losing all of the deposit before it can hit up the wagering requirement even if we do say that x2 is just that small but when you are on the actual situation then it would be that already challenging and this is something that most gamblers ending up on losing that deposit without even getting out. Now going back about cashing out early is a losing strategy specially on betting on which i would disagree, not unless if you do cash out and made out deposit once again then you are just that fooling yourself.  Cheesy

Fivestar4everMVP
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Today at 06:09:42 PM
 #142

What do you think, is using the cashout feature a losing strategy afterall?
For me, cashing out is a great feature to use in certain situations. For example; a match suddenly takes a turn, and the team you are betting on starts to lose focus, or the team you are betting on loses a player who could potentially change the game. So, I think the cashout feature can be a great strategy for saving bets, and I have had some lucky moments using it. Well, I have also had some unfortunate, or feel a little lucky moments. Because I cashed out too early, but I think it is also good for maintaining sanity (psychologically speaking).
We can't actually underappreciate the cashout feature if we get to understand how helpful and or useful this feature can turn out to be for those who will learn how to use it to their advantage.
I believe that those who underrate the cashout feature really haven't had an encounter in their betting adventure where it was only the cash out that saved from them from what could have been a very devastating loss.

I came across a post on X several days back where the author discused about the importance of cashout, he shared one of his experiences which he said he regrets so much.
He placed a bet with around $20,000 to win around $200,000, it was a parlay with (I think) five legs, when the first three legs won, he was offered a cash out of around $50,000+ which he refused to take, unfortunately for him, the fouth game on the ticket ended in a loss and that was the end, assuming he had taken that cashout offered to him, he would have made over $30,000 profit on that bet but unfortunately......
Su-asa
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Today at 06:10:30 PM
 #143

Cashouts can only be a disadvantage to you when your bets isn't going the way you predicted and in that case the cashout offer you are going to get might be quite lower than the amount of money you staked which means that you are running in lose at that point. Asides from this the cashout option can be very helpful especially when you feel like a particular game on your bet slip might ruin your bet slip.

ASloveapg
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Today at 06:23:33 PM
 #144

Cashouts can only be a disadvantage to you when your bets isn't going the way you predicted and in that case the cashout offer you are going to get might be quite lower than the amount of money you staked which means that you are running in lose at that point. Asides from this the cashout option can be very helpful especially when you feel like a particular game on your bet slip might ruin your bet slip.
I agree with you, sometimes we have won a lot of bets and at this point there is only one extremely risky game left where if the result is unexpected all your previous winnings will be lost. So at this stage I think it is better to recover part of the money instead of losing the entire bet, although this kind of situation does not always arise, but cashout can sometimes be very useful, especially at a stage like this.

Where you have bet on a total of 10 games, out of which you have won 9 and there is only 1 game which is very risky, in such a situation I will always withdraw my bet.

Itz-prisigold
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Today at 08:25:15 PM
 #145

Cashouts can only be a disadvantage to you when your bets isn't going the way you predicted and in that case the cashout offer you are going to get might be quite lower than the amount of money you staked which means that you are running in lose at that point. Asides from this the cashout option can be very helpful especially when you feel like a particular game on your bet slip might ruin your bet slip.

I wholeheartedly agree with you, the cashout feature just depends on how you as the bettor uses it. If you make a hasty withdrawal due to panic, you will most likely be cutting down on your profits.  But I believe that, sometimes walking away with part of your stake is more better than ending up with nothing.

Personally, I would rather use the cashout as a risk management tool and not as a habit. If you are absolutely certain about your actual prediction, then it is not necessary to cashout every time, once the game is uncomfortable for you.

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Crypto Library
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Today at 08:33:25 PM
 #146

I definitely agree with this that when we use the cash out option while betting, we have to admit that we have basically lost. And the biggest proof of this is that when we use the cash out option, we will not get back the funds we staked, but we will get back much less than that. And this basically proves that we basically use the cash out option only when we lose the bet. And for this reason, I always avoid using the cash out option in my case and stick to the team I bet on.

This means that I will not force anyone not to use the cash out option. It is possible that someone used the cash out option and later used that cash to gamble again and hit the jackpot. Haha

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nara1892
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Today at 08:58:38 PM
 #147

Cashouts can only be a disadvantage to you when your bets isn't going the way you predicted and in that case the cashout offer you are going to get might be quite lower than the amount of money you staked which means that you are running in lose at that point. Asides from this the cashout option can be very helpful especially when you feel like a particular game on your bet slip might ruin your bet slip.

What you said is true, I personally tend to focus on the benefits because after all the success of achieving a big win by completing all the betting slips is not certain, this is the reason casinos provide cashout features regardless of the cost issue, they give every player the opportunity to be able to withdraw and enjoy their money rather than regret when the last step fails everything, after all if for example you think the cashout fee is too high then why do you bet there? Wink

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