Post
Topic
Board Gambling discussion
Re: Community Influence on Cashing Out or Holding On in Sports Betting
by
Jaycoinz
on 06/10/2024, 21:01:40 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?

If I personally will see the Odds of the remaining matches. if the Odds are not good or a little profit I will have to cash out. but if the chances are good enough to win, I will hold on until all bets are finished.
I rarely do Cashout. but if the amount offered is profitable enough, I will do it. especially if the potential to win tends to decrease when seeing the latest news before the match starts such as some players who will not be played.
I once did Cashout and regretted it. one last match that I should have won, but I had doubts and finally regretted it when the results were actually in accordance with my predictions.

This is the exact way I approach my bets too, the Bookmakers are also smart and making sure you lose, so cash outs are usually small depending on how your game is playing out... Before cashing out I always consider the percentage increase of my profit, if they offer me x10 to x20 of my profits I think I would cash out without having any regrets because it's a game and anything can happen at the end of the day. Sometimes it's better to just cash out and then stake part of the amount on the games that are left.