Quote from: Perfectbaby on October 05, 2024, 04:15:10 PM

Quote from: Kavelj22 on October 05, 2024, 04:03:54 PM

Quote from: Perfectbaby on October 05, 2024, 03:26:32 PM

Quote from: Davidvictorson on October 05, 2024, 03:07:32 PM

In sports betting specifically football is your decision to cash out or wait it out until the end of the game based on the opinions of other people if you shared your bet slip with them while the game is on?

Some people after they have placed their bets on several games may be so excited to share their bet slip with their gambling community who helps to monitor if games they bet on are winning or they are losing. In some cases if all the other games were a win and it remains like two more games on the slip, they may feel pressured to cash out based on the opinions of their friends. In this case do you give in or hold out based on their opinions?

I think this questions has been raised before here thereabouts, but my answer is yes, and you need to cash out instead of losing it all. I am not a greedy fellow or gambling who would want the games to entirely score they way I predicted it, just to me I don't just pray for all to entirely enter but let me just have a cash out option to make back the money I spent gambling even though it's just 1.5x of my total staked amount I am good with it.
But if you are that sure of the games and you believe you can win it if the games runs to the end then you can leave except you are not sure of the matches.

I think that several factors can influence such a decision, including the influence of the community. However, the influence of the community is not always the main determinant, as evidenced by the fact that not everyone who makes a cashout plays within a community, and most of them make the decision themselves.

Being influenced by the opinion of the community is influenced by the psychological factors of the gambler, and it is known that it is always better not to follow these influences in making decisions at any stage of the bet.

One of the most important factors determining this is the bet amount and the value of the remaining odds at the time of the cashout. For example, if the initial bet amount is large, the profit percentage from the cashout can be good, especially if the remaining odds are not guaranteed. Also, when the bet amount is small, the profit value will certainly not be considered except with risky odds, and therefore the player will be more comfortable ignoring the cashout offer.

You are right and I agreed to what you said, most of the match with small odds can't give a huge cash but those with higher odds has already played then there is every possibility for the cashing out to be very higher than its remaining matches. But, as a gambler who aren't in any way being contributed the amount of funds to bet they are permissible to cash out when they want without waiting for the community to give their judgement, and of course following up community ideas and input also help but has he also considered the fact that when game lost it can't be reversed again so it's always good to cash out to secure profits.

The cashout feature can be a useful tool for managing risks in gambling, as the user can partially protect his profits in case the performance of the team or player he bet on deteriorates, and it also gives him more control over the betting risks, as he can adjust his strategy based on the developments of the match, thus providing greater flexibility in managing his money, as he can withdraw the profits and use them in other bets.

But it must be used carefully and responsibly. The user must understand its advantages and disadvantages well before making any decision. It is important to have a clear plan about when and how he can use the cashout feature.