early cash outs at GGpoker cash games???

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Kerasuss28

Kerasuss28

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what is your opinion about this??
is early cash outs more profitable in long term or
is it less profit in long term (incloud the losses at rivers to 3 outers)
what is best ?
no cash out?
cash out?

(for me personaly i think on flop or turn cash out everything above 73% is more profitable)
because you loose a lot of times at rivers (my experiens especialy with PLO cash games)

let me know some opinnions or stories about it
and how can you count this what is more profitable?
 
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I’m not a big fan of early cash-outs unless there’s a really good reason to take the guaranteed amount.
Usually I’d rather trust the math and let the hand play out.
But if the cash-out offer is close to the actual equity, it can be tempting.
 
Das991992 said:
I’m not a big fan of early cash-outs unless there’s a really good reason to take the guaranteed amount.
Usually I’d rather trust the math and let the hand play out.
But if the cash-out offer is close to the actual equity, it can be tempting.
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math doesnt matter you need luck 90 % in poker..
i lost lot of times against 2 outers
i can cash ou 180bb instead of 200bb to give not oportunity lose against 2 outer so i wil cash put losing 180bb is painfull for 1 card.
 
As others sites GG Poker charge a 1% fee for this offer to cash out your equity. So in the long run its clearly most profitable to always decline that offer and let the board run out, like you also need to do in tournaments. The only reason to take this offer is to reduce variance, if you are playing above your bankroll and/or have a tendency to tilt after bad beats. Then it might be worth the extra fee, but ideally a cash game player should not use this feature.
 
I noticed that a lot of times when I have a scale against two pairs in 70% of cases the villain gets a full house, in these situations I often take cash out
 
I think it's situational, and based on the game, but in general I feel like you should cash out eventually and just take the equity of the hand. If you're 80% on the flop, the math says you're going to lose 20% of the time, and river suckouts can be incredibly tempting 😂
But if it's going to protect your roll or keep you from going on a tilt after a string of bad beats, I can see how that's a valid way to play PLO, I personally have had my share of "how did I just lose THAT?!" rivers 😅
The simplest way to evaluate it is to track your cashouts vs the actual showdown results of the hands in a sufficiently large sample. After that you can just do the simple math of whether the cashout-fee/discount is worth it compared to the variance you would have otherwise taken. My personal opinion: no cashing out unless there's a penalty involved; and only cash out when the value of the deal is objectively better than what you're giving up in equity.
 
I would never use the cash-out option. In the long run, the house edge/fee on cashing out will reduce your EV, so you’re better off accepting the variance and letting the results play out naturally.

Getting sucked out on by a 3-outer on the river can be frustrating, but those losses are simply part of poker variance. If you’re making profitable decisions, you’ll make your money back over the long run.

For me: no cash-out, accept the variance, and focus on making +EV decisions.
 
As @fundiver199 says, the cash out feature costs you money, so its basically not worth it at all. The only 2 times I have was when there has been a massive pot, say $7-8 in a $2 game and I decided I didn't want variance to strike now with a larger gtd win than average, so I took the cash out. The 2nd time was when I was just decising to finish up playing, so took the cash out to leav the table up for the session.
 
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The cashout feature is mostly -EV, because you give away your EV in the hand.
 
Never taking it...GG gets enough rake as it is no need to add to their profits. Learn to mentally deal with variance you'll be better off.

Cheers!!!
 
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I believe this is true too have to learn to ride the tide of variance and let the cards play out full board
 
Kerasuss28 said:
what is your opinion about this??
is early cash outs more profitable in long term or
is it less profit in long term (incloud the losses at rivers to 3 outers)
what is best ?
no cash out?
cash out?

(for me personaly i think on flop or turn cash out everything above 73% is more profitable)
because you loose a lot of times at rivers (my experiens especialy with PLO cash games)

let me know some opinnions or stories about it
and how can you count this what is more profitable?
Click to expand...
If you're making the right decisions, you shouldn't cash out, because good decisions pay off in the long run... I only cash out if I've already suffered a bad beat that day...to protect myself from tilt
 
As already mentioned, cashout is charged by 1% fee, so lowers your result in a long run. Imagine you use it every time - you just lower your EV by 1%.
 
I do not like to leave things for luck when I made a good shove. Only time when I see an additional card is when all in is after flop and opponent needs runner runner, because in that case I can easily get full payout on turn , but also still cashout if something not so good comes.
 
It's a difficult decision, which I prefer to make when I have money to spare and I'm calm, so that losing a hand in an unfair river doesn't affect me or disfocus. But I think that retiring at a profit is always the best option.
 
Kerasuss28 said:
what is your opinion about this??
is early cash outs more profitable in long term or
is it less profit in long term (incloud the losses at rivers to 3 outers)
what is best ?
no cash out?
cash out?

(for me personaly i think on flop or turn cash out everything above 73% is more profitable)
because you loose a lot of times at rivers (my experiens especialy with PLO cash games)

let me know some opinnions or stories about it
and how can you count this what is more profitable?
Click to expand...
For me, if your bankroll is healthy and you don’t need the money, I would never cash out just because I’m ahead in the hand.

It’s still a probability game. If you are 90% to win, you should normally want to keep that equity in the pot and let the long run do its job. You will still lose some of those hands on the river, but that doesn’t mean the decision was wrong.

I think the important thing is to separate the result from the decision. Losing a 90% favorite on the river feels terrible, but if you keep taking that 90% spot over and over, probability should work in your favor in the long run.

The situation is different if cashing out protects your bankroll or reduces variance, but if the bankroll is healthy, I prefer playing the probability rather than paying the cash-out fee/premium.
 
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