Quote from: iv4n on January 22, 2025, 10:24:34 AM

Quote from: delfastTions on January 22, 2025, 08:38:30 AM

Quote from: Fivestar4everMVP on January 21, 2025, 12:23:53 PM

Quote from: iv4n on January 21, 2025, 11:19:16 AM

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Well, I am not here to answer for the op, but on my own personal assumption, I think a lot of punters will make use of such feature if implemented by any casino, you can never imagine correctly how much alot of punters lose to sports betting simply because they were too busy with something more important, and couldn't stay online to monitor their bet and cash it out when the opportunity presented itself.

With a feature like auto cashout, punters who know they are too busy to monitor their bets will simply set the auto cashout to trigger any time a cashout offer of x3, or x5, or even x10, x20 or more is available, depending on the bet ticket, if it's a parley with big odds.

It's a nice feature, and the only reason why casinos would not want to implement this is not because punters won't use it, no, but more of because it will help punters win more than they usually win in sports betting before.

Well, definitely, the implementation of this function will lead to a global decrease in casino income.
Therefore, there is great doubt that any casino will be so concerned with the need to perform such a, one might say, charitable, social function as this proposal, that it will take it into work and implement it in its casino. This does not look like the real state of affairs in such a super-competitive business environment as the gambling industry.
After all, the care of the clients' money and its movement lies entirely with the clients themselves, even if they are completely stupid, forgetful, dumb or even dumber and generally almost crazy.

I respect your opinion, but I don't agree with it. How popular is the cash-out feature? Do you guys use it? In all these years, maybe I have used cash-out once, but I'm not sure about that either... Judging by some threads here on the forum it seems that many people don't even know how to use it.

And I understand your logic, and there are many different possibilities so it is difficult to find a universal example. The cash-out feature, like all others, has its pros & cons... if you cash out early, you lose the opportunity for a higher payout, and if you happen to win the other games, the casino has saved money on you. If you pick 3 games with odds of 6 will you cash out after two wins and be satisfied with just x2 or maybe less (that depends on the odds of picks you won)? A lot depends on how big the bet is and what payouts you are chasing... the cash-out feature can be handy at times, but it can also be bad. In any case, there is a math behind cashing out that works in a casino's favor, so even if they add automatic I am not sure it will work like you think it will.

Feel free to give me an example of how this option "will lead to a global decrease in casino income"... I pick 10-20 games with est. payout x100-x1000 and I select automatic cashout on x10? So if I bet $10 I can win $100. It's like a lottery, and I am not sure it will work in the long run.

Maybe I am completely wrong here, but somehow I don't think that this feature will become popular... we can try to find a perfect strategy for this feature, but I guess we all know how "perfect strategies" work in gambling. In my case, maybe I would give it a try, but I am not sure I would use it.

By global reduction of casino income I naturally mean a process that theoretically can be launched by the introduction of such a function at first in one or several casinos and, accordingly, a small, but still a decrease in the current working capital of the casino.
And then the expansion of the implementation of the function and the entire gambling industry.
And you are certainly right that this is pure mathematics and only the calculation that the casino's income can increase can force the casino to do this. But I will probably clarify my statement on this matter.
Theoretically, the casino can probably make money on the implementation of such a function, for example, even just by introducing the payment of a small commission. And here we will face the question of the demand for this function, since the player begins to understand that this is potentially unproductive spending of his money. So it turns out that the balance of the casino's income may not cover the costs of implementing this function.
In short, all this needs to be calculated, this is mathematics.