Why do people even go for parlays if they’re planning to cash out later? I’ve seen a lot of threads about cash outs in sports betting, and most of the time it’s about parlays based on their experience.
What I’m trying to say is, we already know from the start that parlays are hard to win. But we still take the shot because we want that big payout from a small stake. Then suddenly, when a few legs hit and the remaining games look shaky, the bettor decides to hit cash out to secure a profit, even though it’s not the payout they were really aiming for. Isn’t that kind of stressful?
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.
People are driven by emotions and we are inherently bad at calculating odds. That makes for a volatile mix when you can take guaranteed money half way into the parlay or risk losing the rest. If you are getting a decent payoff there is no shame in walking away with the cash at any point. The world is dynamic and you might have second thoughts or think of a new angle that you hadn't accounted for when placing the bet, or you might decide a key player is out which could change the advantage from your favor. There are plenty of legit reasons why you might choose to close a multi bet down early and there is nothing wrong with that. However I would tend to let it ride and ignore it to the end if all results happen in a short time period.