So again, why bother with a parlay if you’re just going to cash out early? Doesn’t that kinda show you’re not really in it for the challenge? I mean, if the parlay hits, that would’ve made your day. And if it loses, that’s fine too since you already knew the risk. But when you cash out and it still wins? That’s where the real regret kicks in.
Some people agree & consciously choose to gamble just for entertainment purposes, usually we see reasons like this in slot & live casino gambling players. However, for sportsbooks, I've never met anyone who bets here purely for entertainment purposes, they do have a specific objective, which is profit.
The case you're referring to happened in my circle. Before the match started & the slips were placed, people were talking hopefully that all the matches they'd bet on would get "W", but when there were only one or two matches left, instead of keeping their bets, they cashed out. This was because they didn't want to lose what they'd already bet and won.