I was scrolling through instagram and I came across this story
https://www.instagram.com/reel/DNqQIlNg99m/?igsh=cGJ5NGlveGY2ZzV3This is a story of a poor man who played a sport betting game with little money but the potential win was big according to the story he was gifted an opportunity to cash in on a good amount that to his financial status is more than good for him but he decided not to and ended up with nothing.
First thing I do after placing a bet is see my potential win as not mine, those figures written as your potential win are dream money it’s never yours I don’t care if your last game is Real Madrid against a team in the fourth division of Iran’s league.
The imagination of already seeing your potential win as true can make one forget their financial status as it did to the man in the story.
Your financial status is more essential than your potential win in deciding if you should cash out or not.
For me following sports in one expect and gambling on it is another expect. I mostly gamble on the sports I'm closely following but doing so, my intention from the bet is to have profit. If I see potential counter bets that could yield me better result, I might take it. Like in a game where I bet for a team to win x3 something while during live, I got x5 for another team, considering I won't lose on any result, I bet on the x5 chance and at last won from the x5 bet.
Similarly when I get more money than I have bet for before the result, I take it. I don't know how they work but sometimes the cashout they provide is good compared to risk I'll be taking in rest of the game.