So, cashing out is going to be your go-to strategy now? Honestly, sometimes just leaving things alone actually makes us win more. I think cashing out is mostly useful when we're no longer confident about the outcome, like when we feel the need to cut our losses. It's not really meant to work the other way around. Personally, I don’t see this feature being that helpful since it feels like we're just limiting our chances of winning.
I see the feature as a very helpful feature owning to the fact that it's won't be mandatory to use, just like
stop loss and
take profit features are not mandatory to use in trading, same applies here if casinos would implement the auto accept cashout feature, you simply decide when to set up and when not to.
When you are not super confident in a bet just as you did mentioned, it's very convinient to set an auto accept cash out at your preferred X just incase such offer is made available when you are not online to take advantage of it.
But if you are super confident in your bet and you are in for either the full win or nothing, simply leave the auto accept cashout setup boxes empty while placing your bet.
I’m not really a fan of this kind of system if it gets implemented. Sure, we can cash out at a certain multiplier, but it still depends on the original combined odds. I’m guessing we’re talking about parlay bets here since there's a x2, x3, or x4 I see. Let’s say your parlay is at x10, and you decide to cash out at x3, and the bookies actually give you that, even if your bet is 99% likely to win. Would you honestly be okay with that? You can’t really complain since it’s their odds, and they can always justify it however they want.
First of all, there is no way to be 99 percent sure that your bet will win, most especially if what we are talking about is parley, so, assuming you bet on a parley and wish to use the auto cashout incase in the opportunity shows up while you are not online, you simply set what ever X you think you will be very OK with, 2x, 3x, 4x, 10x, 20x it's your choice, this is like you are being given a blank cheque to fill in any amount of money you want, and when you get to the bank to cash out the cheque, you will be successful if the amount you filled in is available on the account, you will be unsuccessful if it happens that the amount you filled is not available on the account, your level of greed is what will either make or break you.
If you filled in that the system should accept an auto cash out at 4x, meanwhile the casino actually gave you 10x at the beginning, it simply means that system will automatically accept a payment 4x cashout for you and return 6x back to the casino, 4x was what you filled as what will be OK for you, take it, it's gambling all, you win and loose, and this one is even better than losing.