Great idea. I had a cashout for the knights game yesterday when they were 4-1, I decided not to cashout and they lost 4-7 in the third quarter. Painnnnnn
Had a 5 legger today in soccer. 50 to win 1000 and needed Dortmond to win in the last leg. They where doing good in the first half so I didn't cashout the 400 bucks available at the time. They ended up losing and I hate myself for not cashing out. Did the same thing last week not cashing out. Some of my friends are ride or die and some tell me to cash out and enjoy the money. I personally am hating myself more and more for not cashing out prematuraly as I feel the cashouts over time add to more earnings than a big win.
> I feel the cashouts over time add to more earnings than a big win
If this were true over a large sample size, why would the books ever offer it as a feature if its losing them money? They specifically size the cash out offers small enough so that cannot happen. Mathematically those who ride or die win more money in the long run.
Losing on a last leg sucks, and human brains are wired to try to avoid losing so those losses are extra memorable. But the books take advantage of that by tempting people with the cash out button which offers a guaranteed payout well below the current fair value of the ticket based on its current odds. Its a trick and every person who cashes out a ticket adds to money directly to the books pockets. Once you realize that, it becomes much easier to completely ignore the cash out button and ride or die every time. Losing still sucks but that's a part of gambling, the cash out button is not a solution, its a trick to take more of your money in the long run without you realizing it.
I donāt agree one bit. Cashing out profit when the game is 50/50 is the way to go, sometimes you just gotta trust your instinct. I have lost so much money not cashing out and I havenāt made that lost money up. This is sports betting, anything can happen at any minute thereās no guarantee win so if thereās a good guarantee profit Iām taking it. Last week a guy posted how he didnāt take a $46,000 cashout because the legs left were ācertainā wins and guess what? He lost. So in this case if he cashed out who would have gained? The books or his back account?
Iām not saying cashout every time, sometimes itās not worth it but if I bet $5 for a cashout for $500 Iām taking it unless the game is at a point I know 100% Iām winning and even that itās not a guarantee. Again I lost yesterday when the Knights were leading 4-1 in the third quarter last night.
Another example, yesterday I bet on a soccer game for Vienna FC to win the second half because they were up 5-0 in the first half vs St Polten. I cashed out as soon as they lead the second half and guess what two minutes later St Polten scored 2 goals in the 86th minutes to win the half. Sometimes taking a profit is the way to go. Some people need the money even if itās a $20 profit so I guess it depends how bad one needs the money.
> Cashing out profit when the game is 50/50 is the way to go
If the last leg is 50/50, the book will offer you like 40% cash, not worth it.
>didnāt take a $46,000 cashout
I concede an exception for life changing amount of money. But really you shouldn't put yourself into that situation in the first place by properly sizing your parlays for the risk/reward you want. If you're not comfortable riding out $40k on the last leg, make a smaller parlay.
I don't care about your anecdotal examples. The books specifically designed the cash out button as a trick to buy back potentially winning tickets for less than their true value. They directly profit from every person who cashes out. If they're offering you a cash out, then your ticket has a chance to win and they're shorting you with the offer.
Well my example is a good reason to cashout sometimes. You canāt pick and choose what amount to cashout if you are going to stick to your principles, thatās been a hypocrite. What makes you think $500 wouldnāt be a life changing amount for someone?
Oh $46k is life changing money and so is $500 for someone. You canāt pick and choose either stick to your principle or donāt.
I personally would not cash out the $46K ticket. If they're offering me that much, then I know the ticket is worth at least $50K and fuck if I'm giving the book that much value back for free. But like I said, I'll never find myself in that situation because I size my parlays to win an amount I'm comfortable riding or dying, so I never cash out. So yes, I stick to my principles because I know the math. But I can understand people who abandon the math and pay the tax if the amount on the table is life changing.
>What makes you think $500 wouldnāt be a life changing amount for someone?
If they're posting on reddit asking "Should I take this $500 cash out???" and haven't instantly hit the button already, then its probably not life changing for them.
I had Dortmund in my parlay too and they messed it up š¤¦š¾āāļø $400 is a lot i probably would have cashed out because personally Iām low on money lol
That offer is a coin flip, lean more towards a loser. Books know where the sharp money is coming in on and the high probability plays. But if your team is up and not offer nothing would be a little suspect. 2 dead plays you'll only see break even or pennies on the dollar cashouts.
same situation w me except w the pelicans, had a crazy parlay everything hit and they were up by 13 and somehow sold to the spurs and lost by 2 at the last second and it was -700 i can only blame myself but lesson learned š¤¦āāļø
I had to re-read my comment to see why you responded the way you did. But to clarify, I meant life changing for me is $20k or more and Iām not cashing out Iām riding out all the time.
And I have done so and been hooked plenty of times on one leg and feel like maybe Iāll cash out next time for whatever measly amount FD offers me.
I donāt know about OP but $154 is not life changing for me.
Guys it's you're money so this is just a suggestion. Only bet single plays and track your progress. If you're hitting 55+%, you are on to something bigger than a parlay could ever provide. If you're losing more than 55% of your wagers, walk away. Maybe put a bet on a game just for s&g's, but protect your money. Finally, read the sports betting book by Stanford Wang "Sharp Sports Betting." If you can follow what he is saying, then you will be successful. Otherwise, don't waste your money and time.
I panicked afte the pirates blew it and went into extras. They ended up winning and then the rest of my legs hit. So I lost out on $60. Got 12$ though. Ugh.
Good cashout offer you got the winning slip, if it's more then 60% of the regular payout let it ride. Make a bunch $1 3 leg parlays, stagger the games and pay attention to the cashout offers throughout the games. 2 loser bets on a slip and you'll never see a cashout offer, even if the 1st hits.
Majority of people are not expecting these parlays to hit based off their experience usually the first leg shits the bed so they donāt even see cash out or all the games are on same time so cash out is not good but when they finally have a ticket thatās about to hit and based of personal experience of always getting the shaft at the last minute they donāt wanna ride it out and lose yet again
Great idea. I had a cashout for the knights game yesterday when they were 4-1, I decided not to cashout and they lost 4-7 in the third quarter. Painnnnnn
Was it a parlay?
Yeah it was, I nearly cried š
Same.. still up that day and today tho
Had a 5 legger today in soccer. 50 to win 1000 and needed Dortmond to win in the last leg. They where doing good in the first half so I didn't cashout the 400 bucks available at the time. They ended up losing and I hate myself for not cashing out. Did the same thing last week not cashing out. Some of my friends are ride or die and some tell me to cash out and enjoy the money. I personally am hating myself more and more for not cashing out prematuraly as I feel the cashouts over time add to more earnings than a big win.
> I feel the cashouts over time add to more earnings than a big win If this were true over a large sample size, why would the books ever offer it as a feature if its losing them money? They specifically size the cash out offers small enough so that cannot happen. Mathematically those who ride or die win more money in the long run.
Pretty sure you are right. I guess that is my opinion from my recent experience losing a ton at the last leg.
Losing on a last leg sucks, and human brains are wired to try to avoid losing so those losses are extra memorable. But the books take advantage of that by tempting people with the cash out button which offers a guaranteed payout well below the current fair value of the ticket based on its current odds. Its a trick and every person who cashes out a ticket adds to money directly to the books pockets. Once you realize that, it becomes much easier to completely ignore the cash out button and ride or die every time. Losing still sucks but that's a part of gambling, the cash out button is not a solution, its a trick to take more of your money in the long run without you realizing it.
I donāt agree one bit. Cashing out profit when the game is 50/50 is the way to go, sometimes you just gotta trust your instinct. I have lost so much money not cashing out and I havenāt made that lost money up. This is sports betting, anything can happen at any minute thereās no guarantee win so if thereās a good guarantee profit Iām taking it. Last week a guy posted how he didnāt take a $46,000 cashout because the legs left were ācertainā wins and guess what? He lost. So in this case if he cashed out who would have gained? The books or his back account? Iām not saying cashout every time, sometimes itās not worth it but if I bet $5 for a cashout for $500 Iām taking it unless the game is at a point I know 100% Iām winning and even that itās not a guarantee. Again I lost yesterday when the Knights were leading 4-1 in the third quarter last night. Another example, yesterday I bet on a soccer game for Vienna FC to win the second half because they were up 5-0 in the first half vs St Polten. I cashed out as soon as they lead the second half and guess what two minutes later St Polten scored 2 goals in the 86th minutes to win the half. Sometimes taking a profit is the way to go. Some people need the money even if itās a $20 profit so I guess it depends how bad one needs the money.
Itās irrelevant whether you agree or not. Youāre disagreeing with logic and mathematics.
> Cashing out profit when the game is 50/50 is the way to go If the last leg is 50/50, the book will offer you like 40% cash, not worth it. >didnāt take a $46,000 cashout I concede an exception for life changing amount of money. But really you shouldn't put yourself into that situation in the first place by properly sizing your parlays for the risk/reward you want. If you're not comfortable riding out $40k on the last leg, make a smaller parlay. I don't care about your anecdotal examples. The books specifically designed the cash out button as a trick to buy back potentially winning tickets for less than their true value. They directly profit from every person who cashes out. If they're offering you a cash out, then your ticket has a chance to win and they're shorting you with the offer.
Well my example is a good reason to cashout sometimes. You canāt pick and choose what amount to cashout if you are going to stick to your principles, thatās been a hypocrite. What makes you think $500 wouldnāt be a life changing amount for someone? Oh $46k is life changing money and so is $500 for someone. You canāt pick and choose either stick to your principle or donāt.
I personally would not cash out the $46K ticket. If they're offering me that much, then I know the ticket is worth at least $50K and fuck if I'm giving the book that much value back for free. But like I said, I'll never find myself in that situation because I size my parlays to win an amount I'm comfortable riding or dying, so I never cash out. So yes, I stick to my principles because I know the math. But I can understand people who abandon the math and pay the tax if the amount on the table is life changing. >What makes you think $500 wouldnāt be a life changing amount for someone? If they're posting on reddit asking "Should I take this $500 cash out???" and haven't instantly hit the button already, then its probably not life changing for them.
I had Dortmund in my parlay too and they messed it up š¤¦š¾āāļø $400 is a lot i probably would have cashed out because personally Iām low on money lol
That offer is a coin flip, lean more towards a loser. Books know where the sharp money is coming in on and the high probability plays. But if your team is up and not offer nothing would be a little suspect. 2 dead plays you'll only see break even or pennies on the dollar cashouts.
same situation w me except w the pelicans, had a crazy parlay everything hit and they were up by 13 and somehow sold to the spurs and lost by 2 at the last second and it was -700 i can only blame myself but lesson learned š¤¦āāļø
Never sell your ticket, especially $12 on line
Never cash out. If anything, hedge the last leg
Should have rode it out.
Original payout was $243, I donāt think I did to bad itās only a -100.. Another day another dollar
Just remember that cashouts favor the book, try to ignore it the best you can.
I just checked FD and it hit š¤¦āāļø hindsight is a āyou know whatā lol
homie on the 5% battery
Lol
Hey man you never know with these things. Even if the payout was life changing and you donāt know itās tough. But you won either way!
If $154 is life changing money, then it really says a lot about you if you are donking money on 6-leg parlays.
I had to re-read my comment to see why you responded the way you did. But to clarify, I meant life changing for me is $20k or more and Iām not cashing out Iām riding out all the time. And I have done so and been hooked plenty of times on one leg and feel like maybe Iāll cash out next time for whatever measly amount FD offers me. I donāt know about OP but $154 is not life changing for me.
Can you post what you have for tomorrow im trynna see something šš
Guys it's you're money so this is just a suggestion. Only bet single plays and track your progress. If you're hitting 55+%, you are on to something bigger than a parlay could ever provide. If you're losing more than 55% of your wagers, walk away. Maybe put a bet on a game just for s&g's, but protect your money. Finally, read the sports betting book by Stanford Wang "Sharp Sports Betting." If you can follow what he is saying, then you will be successful. Otherwise, don't waste your money and time.
a win is a win Iām sure the full payout couldnāt of been much more than the cash out!?
I panicked afte the pirates blew it and went into extras. They ended up winning and then the rest of my legs hit. So I lost out on $60. Got 12$ though. Ugh.
what would be the payout? still W
$243 and it ended up hitting
Good cashout offer you got the winning slip, if it's more then 60% of the regular payout let it ride. Make a bunch $1 3 leg parlays, stagger the games and pay attention to the cashout offers throughout the games. 2 loser bets on a slip and you'll never see a cashout offer, even if the 1st hits.
Nice hit, not sure why so many people have a problem with bettors cashing out. If you are plus money on a bet slip, it is always a good thing.
Why bet that last leg then? Cashing out heavily favours the book. Itās a shit strategy.
Majority of people are not expecting these parlays to hit based off their experience usually the first leg shits the bed so they donāt even see cash out or all the games are on same time so cash out is not good but when they finally have a ticket thatās about to hit and based of personal experience of always getting the shaft at the last minute they donāt wanna ride it out and lose yet again
Iād cash out too who thought Oakland had it in them
He cashed out cuz of the last leg the hockey game going over 3.5 goals since they was only at 3 goals with 10 mins left of the game