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Any useful rules of thumb about when is the right time to cash out?

Discussion in 'Online Casinos' started by nisosbar, Oct 6, 2009.

    Oct 6, 2009
  1. nisosbar

    nisosbar Ueber Meister PABnonaccred

    Occupation:
    Other
    Location:
    Right here
    How do you decide when is the right time to cash out? Obviously, if you deposit $25, and work it up to $50, you probably aren't going to stop there. But what about $200? $500? $800?

    Or do you use a number as a factor of your initial deposit?
     
  2. Oct 6, 2009
  3. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Personally I'm a "bonus hunter" so my trigger for cashing out is when I've finished the WR.

    If I had less than my deposit left I would usually play on to try to get it back up, but it's surprising how rarely that happens; I tend to either bust out completely or finish WR with a good profit.

    KK
     
    1 person likes this.
  4. Oct 6, 2009
  5. paulyt

    paulyt Experienced Member

    Occupation:
    carer
    Location:
    Sydney
    I normally only deposit around $20-$50 so I'll withdraw from $100 and above if Ive been playing for a while. With bonuses or free chips, if I win I'll play a bit above the WR and normally I won't withdraw all the winnings. I just accepted a 100% bonus from Sloto, had $160 after the WR and withdrew $100. I've played about another hour or 2 since withdrawing and still have $50 there.
     
    1 person likes this.
  6. Oct 6, 2009
  7. Balky

    Balky Senior Member

    Occupation:
    Translator
    Location:
    Croatia
    When playing a promo mostly after completing the WR, as long as its more than the starting balance. When playing without a bonus, especially Videopoker, I cash out when I am up and have the feeling that I would become too reckless in doubling. Yesterday I popped 50 into 32Red and made it up to 100 and cashed out in order to end the day with a win.

    Cheers Balky
     
    1 person likes this.
  8. Oct 6, 2009
  9. thebizb

    thebizb Dormant account

    Occupation:
    railroader
    Location:
    ontario
    I very rarely take any bonus(except 32reds monthly) and usually deposit between $50-$100 per session. I normally cashout when i've hit over $500 while leaving my original deposit in account to continue playing.
     
    1 person likes this.
  10. Oct 6, 2009
  11. DaveG39

    DaveG39 Experienced Member

    Occupation:
    Disability
    Location:
    Glendale,CA,USA
    First of all, the only thing $25 would be good for is nickel slots or video poker, or perhaps a Playtech casino if they still let you play table games with dime chips(?). :) All kidding aside, If I'm ever 20% up ($30 in our example) I take half (2.50) and pocket it and play with the other half. If I don't win another hand/spin before it's gone, I stop. If I continue winning I add half to the bank and half to the pocket for each win and play until the bank is gone.
     
  12. Oct 6, 2009
  13. Jasminebed

    Jasminebed Closer to 100 than Birth

    Occupation:
    Not in workforce
    Location:
    Ontario
    Most of my deposits are small, $50 or less. If I take a bonus at Inetbet, I withdraw when meet the WR, because I am want to make sure the bonus restrictions are cleared before I play further.

    3Dice, usually if I am up $50 to $100 bucks up. If I am up $150, I'll play $50 more (or even $100), hoping for more. I low roll there, and slots are quite hard to hit, but offer some big payouts. I've been lucky enough to have some large hits there, but not recently.

    If I am playing MG or RTG without a bonus, I'm looking to cashout $250, unless I am dying to take a bonus somewhere. Anything less than $250 is not really worth me cashing out, because the only thing I would do with it is gamble elsewhere. It needs to be at least that much for me to feel it is worth paying the $14 incoming wire fee my bank charges (probably going up Nov 1).

    $500 or $1000, always hit the cashout button. But $784 will become either $500 or $1000.

    My play overall would probably be more profitable if I took more frequent smaller wins and just kind of "banked" them in my ewallet until I hit my $250 send it to my bank point, but those funds burn a hole in my pocket with all the attractive offers hitting my mailbox.

    If you are a table game player, I'd have to say when you hit about 10 hands to the good...So if you play $25 a hand blackjack, $250 ahead would be good IMO. At least that is how I approach the tables at a B&M.
     
    1 person likes this.
  14. Oct 6, 2009
  15. love2winalot

    love2winalot Dormant account

    Occupation:
    Roulette Player
    Location:
    Philippines/Visiting Las vegas
    Hiya: For table games, "I" will cash out after making a little more than double my deposit. $1000 has become $2300 or thereabouts, i will withdraw $1300. The idea being, that even if i lost the original $1000 after this, that, even after paying Fee's and such, and depositing $1000 back into the casino, I still have around $200-$250 net profit.
     
    1 person likes this.
  16. Oct 7, 2009
  17. nisosbar

    nisosbar Ueber Meister PABnonaccred

    Occupation:
    Other
    Location:
    Right here
    Thing is, I've run two of my three $25 deposits on one site up to over $700, but both times lost them back, since they do cashouts only on Monday, and of course, I couldn't resist getting greedy and reversing the requests. :D
     
  18. Oct 7, 2009
  19. chayton

    chayton aka LooHoo CAG PABnonaccred webmeister

    Occupation:
    Freelance Designer
    Location:
    Edmonton Canada
    Sounds like what ClubWorld does to me - the only time I get a decent enough hit to cash out is on Friday and it whispers to me all weekend til I come back and lose it. :rolleyes:

    Seriously though, I'm not a big depositor either - usually $50 or less and what I've been doing is withdrawing once I have 10x my deposit - that's been working for me lately. With 3Dice because the WDs are instant I sometimes withdraw sooner if I can get ahead.
     
  20. Oct 7, 2009
  21. gloria460

    gloria460 Meister Member

    Occupation:
    nurse
    Location:
    Florida
    You know clubworld does flushes...I've flushed my withdrawals quite a few times.
     
    1 person likes this.
  22. Oct 7, 2009
  23. DaveG39

    DaveG39 Experienced Member

    Occupation:
    Disability
    Location:
    Glendale,CA,USA
    30xD...twice?? The mind boggles. How much are you playing per spin (this has to be slots right?)? When your winning like that I can see why you wouldn't wanna stop. Keep track of your highest point and if you come down by half, stop, and for Heaven's sake DON'T REVERSE!! lol.
     
  24. Oct 7, 2009
  25. nisosbar

    nisosbar Ueber Meister PABnonaccred

    Occupation:
    Other
    Location:
    Right here
    Yes, I vary my bet - half Martingale/half betting into a winning streak - if I'm hitting a particular slot well, I try to decide how much of my roll I'm comfortable losing, raise my bets for that slot, taking a shot here and there if I win something big - got lucky a couple times, for example, just impulsively put in a bet for $15 and won $465! If I were in a B&M casino, I'd run straight to the cashier and head home, lol.
     

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