Post
Topic
Board Gambling discussion
Re: Community Influence on Cashing Out or Holding On in Sports Betting
by
Hispo
on 06/10/2024, 18:32:10 UTC
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?

In my humble opinion, if the money is only of one's property and the bet is being done only by oneself, then there should be no intervention between the one and other people who could influence over the decision of cashing out or keeping the bet going to the end? Only the person who has money/a stake on the match would understand the implications of winning or losing the bet and anyone outside could mislead the bettor onto commiting a mistake. In the case of the bettor listening to the advise of someone who does not have a stake on the match and because of it the bettor losses it all, then the responsibility of the loss would be redirected to the outsider, instead of the bettor accepting the fact he decided to rely their money on the opinion of others.
It is better not to share responsibility over ones bets to anyone, and take full control over then and whether one should cash out or not, it helps to grow as a responsible bettor and helps to accept our own mistakes and move on from them.