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[Football] Cash out?

Would you cash out?

  • Yes

    Votes: 91 70.0%
  • No

    Votes: 39 30.0%

  • Total voters
    130


matthew

Well-known member
Sep 20, 2009
2,413
Ovingdean, United Kingdom
You wouldn't bet £1300 on them to win the league at 2/1 so obviously you'd cash out.

I would probably out £300 of Leicester to win the league if they lose to Arsenal as they have quite a good run in
 




Triggaaar

Well-known member
Oct 24, 2005
50,222
Goldstone
Are you married? :)
Yes. A lot of years. I know some partners are more understanding that others, but this is simply the case of guaranteeing the best return for them as a couple.
I know that but it's trying to get his Fiancee's buy-in that's probably not going to work, even if he can explain the maths.
If she can't comprehend the benefits, she should be dumped.

... and is it guaranteed? ... what if Betfair went bust between now and May whilst holding his 3 grand? Unlikely I know but not impossible.
Fair enough, but I would think the chance of that is staggeringly low, low enough to ignore. I think it would require a banking collapse much larger than the last one.
 




Frutos

.
Helpful Moderator
NSC Patron
May 3, 2006
35,597
Northumberland
In his situation, cash out and enjoy the rest of the season - don't think about what might have been, focus on what you have. £1300 and potentially a Premier League title to celebrate is an outcome we'd all accept.
 


Simster

"the man's an arse"
Jul 7, 2003
54,243
Surrey
Leicester were layable yesterday at 3.45 (now 3.6).

At 3.45, he could have laid the £1300 that he obviously needs, thus exposing himself to £3185 if Leicester do win the league.

That means that if Leicester win the league, his net winnings would have been £5000 - £3185 = £1,815
And if Leicester don't win the league, he'd win the £1300 laid on Betfair.

On the other hand, if he cashes out the £1300 on his original bet, he doesn't benefit any further if Leicester do win the league.
 




Brownstuff

Well-known member
Feb 21, 2009
1,506
Hove
I can't remember where I read it but there had been some analysis done on cash out bets
Overall in the long run it was found to be more favourable to stand firm rather than cash out
I have also found this to be the case in the bets that I have hedged over the years
However this punter is likely to be risk averse and as it is a season long bet the sensible option to is fully cash out at this stage
 


pasty

A different kind of pasty
Jul 5, 2003
30,341
West, West, West Sussex
I'd be going for Option C: Not Yet

Next 5 games; Arsenal, Norwich, W Brom, Watford & Newcastle.
10-12 points wouldn't be too much an ask for Leicester at the moment.

Keep going until then, when the cash-out option raises to £2,250.

Take out £2k and put the remaining £250 to win the title.

This

After the Arsenal match they what looks like a "comfortable" run.

Arsenal a
Norwich h
West Brom h
Watford a
Newcastle h
Palace a
Southampton h
Sunderland a
West Ham h
Swansea h
Man Utd a
Everton h
Chelsea a

Arguably 9 winnable matches there on current form, before a very tricky final 3
 






Aug 31, 2009
1,880
Brighton
They look like a title winning team. I'd consider not thinking with reputation and believing this is my moment by wishing on a star. Face the music and dance, I say. Maybe I'm amazed but tomorrow never knows and they look a great team particularly compared to the usual suspects who are all flawed.
 


Cheshire Cat

The most curious thing..
Stay in and make the greedy relatives pay for their own booze.
 


8ace

Banned
Jul 21, 2003
23,811
Brighton
If it was my bet I wouldn't lay off any more than 10% - so a monkey max.
I'd have probably started with putting up a one-r up at shoulder/double tap, and leaving another ton at levels.
I think Leicester will win it myself.
 




Durlston

"Garlic bread!?"
NSC Patron
Jul 15, 2009
9,765
Haywards Heath
I hope that Leicester fan cashed out at half-time against Arsenal.

That 95th minute winner could be the turning point in their season. What a sickener to concede so late.
 




T soprano

New member
Oct 27, 2011
8,018
Posh end of Shoreham
image.png
Thank you Fiorentina for scoring in 91st minute to bring up the £108 bet, last result to come in(only 2 minutes left after goal but still pressed the cash out option, inter nearly scored after as well) nearly cashed out on £38
The final bet was for £115, not bad for a £1 stake
 






Bold Seagull

strong and stable with me, or...
Mar 18, 2010
29,834
Hove
I hope that Leicester fan cashed out at half-time against Arsenal.

That 95th minute winner could be the turning point in their season. What a sickener to concede so late.

Really?

Leicester are now on holiday for a week, they'll be on a beach with friends and family. Their next 2 games are at home to Norwich and West Brom, followed by away to Watford then home to Newcastle.

Arsenal now have Champions League, FA Cup commitments, and they're next fixtures are away at MU, home to Swans, away at Spurs.

They are definitely not out of this race yet.
 


Ernest

Stupid IDIOT
Nov 8, 2003
42,739
LOONEY BIN
View attachment 72367
Thank you Fiorentina for scoring in 91st minute to bring up the £108 bet, last result to come in(only 2 minutes left after goal but still pressed the cash out option, inter nearly scored after as well) nearly cashed out on £38
The final bet was for £115, not bad for a £1 stake

Genoa scored in the 92nd minute too, must be your lucky day as it was mine as I had +2.5 goals on that game as well as the Arsenal match, happy days
 


looney

Banned
Jul 7, 2003
15,652
Found this on a Leicester forum:



So if you were this fella, would you cash out or stay involved?

I've faced this a lot of times on combination betting and its an art to get it right. Regardless wether its a football type bet or a horse racing combo (i do a lot of lucky 31s) the principles are the same. Each consecutive win the cash out grows but each loss it falls. Therefor you need to accurately weight the following picks. as well as the cash out percentages.

for example if ive got the first 3 up and the last 2 are my top picks I'm more likely to let it ride rather than throwing in a long shot in on the last stage will make me cash out. Therefor he needs to assess current form and the next fixtures. It does my nut in at times, ive won big cashing out and lost £100s by not, but after a time I got to handle it more accurately.
 




T soprano

New member
Oct 27, 2011
8,018
Posh end of Shoreham
Genoa scored in the 92nd minute too, must be your lucky day as it was mine as I had +2.5 goals on that game as well as the Arsenal match, happy days

Certainly was a lucky day for me yesterday, the Augsburg goal was in the 87th minute as well
Also won on Harry Kane scoring 1st goal and Sturridge 1st goal,another £25 Back on those two
 




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