Cash out or not?

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sitingman

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Do you ever cash out in an all in?

On the flop I had a 70% chance of winning, cashed out and had people on the table explain that this is bad. I get I'm losing the 1%Ev but I also minimize variance. I'm not a multi table player so think this is my best chance at realizing equity.

What do you do?
 
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I just don't play cash games, only MTT. Cash games don't suit me psychologically.
 
I guess it depends on the stakes and if you can afford losing or not. Additional if you're tilting easily or not.

When you play within your bankroll/budget, which you should always do, then it's probably indeed a bad move to pay the fee in the long run.

If the money matters that much to you or you tilt easily, then you can cash out IMO.

I also don't use the cashout feature but also not a regular cash player.
 
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I play strictly cash games and never use the cash out function as well as I never use the Run it Twice function. But I do understand players who do. People have different reasons to do what they do. But if I see a player with tilt issues cashes out this is to be used in future playing as information. And as we know poker is a game of incomplete information, one should use any information possible.
 
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In cash out I lose 2% so no. RIT mm.. sometimes when I'm not in the mood, for a downswing.
 
I never cash out. It just costs you money every time you do.
 
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If you have 70% equity, your V would have likely needed to cash out and you not, since you had a made hand and not a draw. It changes if the value expectation was against you, but that's another question.
 
Andyreas said:
I guess it depends on the stakes and if you can afford losing or not. Additional if you're tilting easily or not.

When you play within your bankroll/budget, which you should always do, then it's probably indeed a bad move to pay the fee in the long run.

If the money matters that much to you or you tilt easily, then you can cash out IMO.

I also don't use the cashout feature but also not a regular cash player.
Its not the stakes for me, its getting rid of the variance, I would have to play the same hand thousands of times in order to achieve the Ev, the cash out option seems like you take the average result at a small fee and therefore don't have to play large volumes but alot of people seem to think its bad so maybe I will reconsider my theory!
 
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gustav197poker said:
If you have 70% equity, your V would have likely needed to cash out and you not, since you had a made hand and not a draw. It changes if the value expectation was against you, but that's another question.
I prefer to take the cashout when I am ahead to bank the profit, harder to accept the loss. Not sure why it would matter if you are ahead or behind though?
 
sitingman said:
I prefer to take the cashout when I am ahead to bank the profit, harder to accept the loss. Not sure why it would matter if you are ahead or behind though?
I guess to minimize losses.
 
pentazepam said:
I never cash out. It just costs you money every time you do.
I thought that for quite a long time too but maybe there are spots where a cashout could be a good decision?

For example: we have 1 out and only the river left. Would u still not cashout in this spot?
 
I almost always withdraw money before river if my chances to win are not more than 80%. I think that 1% is a normal fee for stable money without nerves. Especially if a fish playing against me, who calls all my all-inns. 🤔
 
sitingman said:
Do you ever cash out in an all in?

On the flop I had a 70% chance of winning, cashed out and had people on the table explain that this is bad. I get I'm losing the 1%Ev but I also minimize variance. I'm not a multi table player so think this is my best chance at realizing equity.

What do you do?
I play in freerolls, enjoy the game, and accumulate additional income thanks to my wonderful hobby 🙂
 
You should never be cashing out. Poker is a game with narrow edges that narrow even further as you move up in stakes. That 1% will add up to be a significant amount of your profit over a long timeline which is how decisions in poker are supposed to be made, on an infinite timeline.

If you're feeling stressed out about losing a stack after going all in it probably suggests that you're playing at a stake where you're uncomfortable dealing with the variance associated with poker. The emotional weight of the money is causing you to make poor strategic poker decisions as giving away 1% of a pot you're going to win 70% of the time because the 30% of the time you lose you'll feel bad isn't a business decision it's an emotional one.

The mental game of poker is just as challenging as the strategic aspect of the game.

GL

EDS
 
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Suns of Beaches said:
I thought that for quite a long time too but maybe there are spots where a cashout could be a good decision?

For example: we have 1 out and only the river left. Would u still not cashout in this spot?

No I would decline the cash out if I only have 1 out left. Nothing much to recoup. I prefer to get the shot to take the whole pot, small as the probability is.

Instead, if I am in a big pot and the other guy has like 3 outs on the river, I would take the cash out in that spot because I am not losing out on much by cashing out. Whereas if I get unlucky then I lost it all. Put another way, much higher downside to protect against and I am not losing much upside.

I do accept the cash out sometimes, depending on whether I am running good and what my mood is. Am I close to tilting?
 
Cashing out is -EV for a given hand, no matter what the situation. Losing 1% equity on all your all-ins is a considerable amount. However, maybe reducing variance, for example, is causing you to tilt less, so it might be worth it to you.
 
If you play only a few hands a month or start tilting from losses, then taking a cash out is reasonable in my opinion.
 
They didnt give you this option to help you, they gave it to you to make money off of you.
 
Long term cashing out is a mistake. That said I could see using it on a very large pot that's outside your normal play. If you just learning I guess I could see the value of takeing the win as well as at that point you not a winning player. I just would not recommend doing it.
 
I always cash out . You cannot be sured online , cash out is important tool to save your bankroll from disaster or your mood because of crazy runner runners or rivers .
 
At 1% I don't mind cashing out. Unfortunately pokerstars made it 2% which I refuse to use.
 
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