SHOULD YOU CASH OUT BETS?

Cash In Bets,or Not ?.

Safe BookmHOME akers Sites 

Latest,Best Gambling Books....British Racecourses

   

Should You Cash In Your Sports Bets Early ? - No ! - The Bookmakers Want You To Take This Option - Reasons Why You Should Never Cash Out Your Bets.



The latest trend for bookmakers to offer their clients is - the cash out facility.

As most punters now know,this enables you to take out a profit before the end of a sporting event,but of course not the full amount you would get if letting it run to the end.

So,is this an option you should use ? - absolutely not !,and here's why.

Firstly,if bookmakers are taking out expensive television ads to constantly push the cash out,you should know by now,that they will benefit from this option the most,not you the punter.


Same with those exotic bets like first scorer,correct score,scorecasts etc. that they keep pushing.You never see the match odds advertised - that's because they make huge profits on those exotic bets,but very little from match odds.



What are you actually doing when you cash out ?


In reality you are just making another bet - on all the other options to the one you have already bet.

Punters know bookmakers have a built in percentage that should (though not always) result in their guaranteed profit.

You pay a bookmakers percentage when you make your first bet - and you are now paying a percentage again when cashing out,when you make another wager within your first original bet - you are paying a levy twice - happy days for bookmakers.

Another disturbing effect cash out has,is the hypnotic and addictive behavior those cash in users succumb to.

Once punters start using cash out they seem to use it time and time again.

I have been in the company of bettors who spend more time watching their cash out figure on their mobile phones than they do watching the sporting event in front of them - not my idea of fun,and most irritating for everyone in their company,and surely resulting in stress inducing decisions every second to the nervous participant.

By using cash out you are cutting your winnings in the long run,and at the same time completely ruining the fun you previously had when watching a sporting event.



What to do if you are in good position and want to protect your profit?.


If you made your bet through a betting exchange you are in a good position - just offer the going odds for your bet to other members (the odds will of course be much lower than the odds you have taken earlier).Just decide the amount to lay.You can see what you will pay out,you will see what your bet wins - just adjust the amounts you lay to give you the profits you are happy with.

If you are betting through a bookmaker,the choices are not so inviting.You can of course back the other results you have not covered,but this is just another bet or bets and another built in  profit for the bookmakers - better to just sit it out to the bitter end.

So,should you ever use the cash out tool ? - no,the bookmakers are just dangling that cash amount in front of you,and nervous or impatient punters are biting,much to the bookmakers delight.

Of course,many times your bet will sink due to late goal,but overall,and I know it's hard !,console yourself with the fact that in the long run you will benefit,and you are not dancing to the bookmakers tune like the gullible fellow punters who do cash out their bets.
.


By Pendil at
SAFE BOOKMAKERS SITES.©This article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.
.
ADVICE/ARTICLES FOR SPORTS FANS
How to Perm Your Bets
Decimal Betting Explained
Win Betting on Corners
Rule 4 Deductions Explained
Tote Bets Explained
How to Win Tote Placepots.
Bets and Betting Explained
Win Betting on Football
Patent Bet Explanation
Betting Terms Glossary
Scoop 6 Rules
Scoop 6 Races,Dividends
Yankee Bet Explanation
Lucky 63 Bet Explanation
Lucky 31 Bet Explanation
Lucky 15 Bet Explanation
Tote Trifecta Explanation
Tote Swinger Explanation
Be Successful Soccerpunter
Tote Jackpot Bet - Perms
Straight Forecasts Explanation
How to Calculate Bets
Betting Exchanges Explanatiopn
Tote Exacta - Explanation
Tote Quadpot - Explanation
Spread Betting Explained
Tote Placepot - Explanation
Novelty Football Bets
Is Gambling a Sin?
Non Runners in Bets
Full Cover Bet Combinations
Dead Heat Explanation
How to Win Tote Exacta
How to Win Tote Scoop 6 Bet
Round Robin Bet Explained
Will Blinkers First Time Improve Form
Football Bookings Market,Tips,Explanation
Bet Staking Plan,Bet Singles Only
Racecards Abbreviations Explained
Each Way Betting Explained
Work Out Double and Trebles Bets
Saturdays TV Races Channel 4
Financial Spread Betting,A Basic Introduction
Tote Placepot and Quadpot Tips
How to Work Out Single SP Fractional Bets
How to Work Out Single Bets Manually
How to Work Out Decimal Single Bets
How to Work Out Fraction Double Bets
How to Work Out Decimal Odds Doubles
Each Way Betting,Work Out New Place Odds
How to Simply Work Out Lucky 15 Bets
How to Simply Work Out Yankee Bets
Work Out Number of Doubles in Bets
How to Work Out Patent Bet Winnings Quickly
Asian Handicap Betting,A Basic Explanation
Work Out Number Of Trebles In Bets Quickly
Straight Forecast Perms
Work Out Yankee Bets With Non Runners
American Betting Odds Explained
How to Work Out Number of 4 Timer Accas in Bets
Ante Post Betting Explained
Betting and Gambling Slang Explained
Best Bookmakers To Place Your Bets On Football
Bookmakers Percentages Explained
Calculate The Double Odds In Your Lucky 15 Bets
 
Cash Out Bets ? Yes or No

 

Gambling is fun and a great hobby,but some× it can get out of hand - if you need help please contact gamcare now.

Disclaimer Page......................Contact us

weebly reliable statistics