Exactly, not just when winning but also you need to understand the risk of keep pushing forward when you already experiencing losing streaks, to avoid losing everything and to tap up another deposit, better to have that limit and keep your strategy up, don't put your guard down and allow your emotions to control over, your decision making is very important and you need to make sure that you are in-line with how you set things before placing your bet.
I have seen several times on sportsbook that I am going to be loser and there is a small amount which I will be able to cashout. Then I click on small amount though the amount is a small portion of the total amount. I think cashout can be one of the to stop losing all the money and in this way anyone can save money and might be able to earn more from the cashout amount which was too much sure to be loser,
Well, I totally understand your point, and inasmuch as the cashout option can be a life saver sometimes, it can also turn out to be quite a deadly trap in other times. I can remember how many times I've taken the cashout option and the game ended up in victory, and each of those times, I end up regretting why I even took it in the first place. It even got to the point where I decided to never take cashouts, and even when I refuse to take cashouts, I still end up losing most of the time. The whole situation is just fucking messed up, it's like you can't even predict gambling, even in the slightest way lol.
In this concern I think it is better to have a tendency to take risks. There is no possibility of winning in gambling without risk. If someone wants to avoid risk, it is a personal matter because the gambler himself is able to understand the level of his financial condition. In terms of betting, I have seen in my betting that when I cashed out on a bet, my result was win. For which I also regretted it. Again, when I held on to win a bet, I also lost. For this reason, I think that in gambling, I have to take risks because luck favors risk takers. I find it difficult to win if I gamble without taking risks. It is better to hold to a certain state without the rise and fall of emotions. No one knows whether a bet will win or lose. If you can bet with money that you can afford to lose, then it is better to accept the win or loss, whatever comes.
You are right that luck is always with the risk taker. Someone may avoid taking risks and play defensive gambling but it may give him good results in the long run but he lags behind in terms of winning. At times to my defensive attitude in betting such as keeping a small amount of money and being inattentive, my winnings were not promising. Most of the bets I lost but the bets where I was more focused and had a large amount of allocation had a chance of winning and I won a few times. Analyzing and increasing my attention before betting can increase your winnings.
For the poor gambler taking risks is more detrimental to him financially because he does not understand the intrinsic value of gambling and his allocation is limited
, he may go more insolvent.