A gambler, staked $4* on 19 games, which gave him a $746 winning potential. All the games came through but remained one, Sporting vs Santa Clara. He picked Sporting to win. Around the 75th minute Sporting was leading 1-0, Sporty, the online bookie offered him a cash out of exactly $444 cash out offer. Which is about 111x his original capital staked.
The gambler, rejected it. As he was gearing for full ecstasy. Alas! around 90+7mins, Santa Clara equalized and the game ended 1-1. He lost his $4, lost $746 and lost $444. Same old stories of gamblers and their greed or whatever other term they use to justify their behavior.
Kindly drop your thoughts and opinions.
Copied * The figures have been converted to dollars for inclusivity. Keep in my that the dollar equivalent are huge monies in our local currency a million plus and more than half a million respectfully.
As an exgambler, I faced this scenario more times than I can count when it comes to football betting. I would also say, it is the classic tale of greed and emotional manipulation in betting. The combined bets that all depend on one final game always seem to ruin that massive win in front of you and the cashout option feels like a tempting safety net, but to me always emotions take over my decision.
I find that rejecting the cashout is almost always filled by greed and the what if high, chasing that full win instead of securing a good profit. I learned the hard way that the thrill of gambling manipulates your emotions and clouding your logic behind all these sports betting.
In the case you shared, in 75 minutes with $444 on the table, the 111x stake is an incredible return to me. Cashing out at that moment would been a win in itself but it’s something any person would do the same. Moreover, it’s a painful reminder of how gambling doesn’t just test your luck but your self control and how hard is making right or correct decisions too.
You can’t say, I wish that I cashed out before losing everything, simply because you are a human.