out option indicates there is 'profit' for us. This is exactly the
moment when you start biting your nails, having a another drink
and you feel the pressure taking all over specially if you are
betting some serious money.
KEEP CALM and use the Cash Out function Wisely!
First things first, lets talk about what happens when you press the cash out button too soon (under
normal gaming circumstances) from the time your bet is 'winning in play'? You simply loose a
significant amount of value/profit and the bookies or the Layers in Exchange (if you are backing) are
having a big laugh, and saying: '' Thanks so much for reducing the payout liability for us.''
In the other hand, greediness is another enemy of the Cash out function. I came across with punters
who got a correct score in play since the first half and they decide to press that button on the 85'
minute when....... Oh no! The market suspended! Another goal made and the bet lost. Hello???
The Cash out option gives you the opportunity to win some money in play, but when you are waiting
for nearly the end of the game to cash out, what is the point? In my opinion you are risking too much
to lose the profit you already have.
Let's sum up, I brought up two examples how the cash out can affect your profit negatively and these
are the main traps you have to avoid if you want to have successful cash outs. Because, Cash out is
not about to just cash some or any money out, but to cash out in play the most of the price/odds you
reasonably can, considering the level of risk. If you don't take these factors into account, then you just
waste the value of the price/Odds you backed or you lose your bet.
You need a strategy, a pre play plan, to be ready ''to do what & when in play'' and of course you need
luck, because it is gambling after all. You have to stick with a strategy which enables you to balance
between Value and Risk of losing your bet. You have to stick with your plan and have NO regrets in
the end if in case you have lost some profit. It does not matter if the score or the accumulator you
backed remained winning until the end of the game. Just think how many times it happened to lose
your bets during the last 5-10 minutes of the game...... and you were saying: '' Damn! Why I did not
cash out earlier''?
Of course, there are some other contributing factors which can affect our decision as for example the
red cards and the live match statistics. Be careful with the last one. Live statistics in my opinion are
good to be used as a guide but not to rely 100% on them.
I am referring to circumstances like for example when you have backed the score 0-0 e.g. in a game
with odds 20.00 and it is 65' minutes in the game and the favourite team has hit 2 times the
ball on the post, they are dominating and have an excessive amount of shots in target compared to
their opponents. So.... what are you waiting for? Is it realistic to back a 0-0 score and have the
expectation to win 80% - 100% of the profit of the price/odds? Think about it, statistically nearly up to
5% of the games may finish with score 0-0.
So.... What is a reasonable cash out for you? What is your 'reasonable' expectation to cash out such
a profit in play, which means to cash out the highest possible percentage of profit of the odds/price
you backed in line with the reasonable risk you are prepared to take?
Trust me, It is not difficult to work it out.
Cashing out Too soon or Too late in play, are the main situations when players throw significant profit or lost bets into the '' bookies bin''.
If you just ''go with the flow'' then you are just gambling and more likely you will be lead to
unpredictable and negative results.
Personally, I do not touch the cash out button if my score has not yet come through in play.
Lady Luck plays some tricky games and.... in football you never know. Whenever I am prepared to
invest some money on a bet, under normal gaming conditions, I will stick to my plan until the very end. If my score comes through at some point in play then I follow the plan I have set pre play. Of course the next obvious question is: ''Mr Sherlock what is your plan'' ?
Everyone thinks differently in terms of what plan to follow but is ok as long as you have a plan and you are not 'short sighted'. If you want to make money, you have to be open minded and review your betting strategies if they do not work when is down to Cash Out.
In the end, the successful punter is the one who avoids big risks when it comes down to cash out and ensures stable and long term profit.
As I said earlier, it is not difficult to work this plan out and I hope the above indications are good
enough to 'enlighten you'.
What is your opinion about Cash out? Feel free to reply with your comments below.