Cash Out in Poker Stars

[Paya_31]

Hello friends, sometimes you go All In before you see the flop, after it and even on the turn. What do you think of the poker stars cash out button? Do you have this function activated? Have you used it?

 

[Gallarado777]

withdrawing money is possible if you are verified at pokerstars then you will be able to withdraw money from PokerStars it is very easy and they do not delay withdrawing money, they do it in a couple of seconds and the money will immediately come to your account

 

[G0930]

withdrawing money is possible if you are verified at PokerStars then you will be able to withdraw money from PokerStars it is very easy and they do not delay withdrawing money, they do it in a couple of seconds and the money will immediately come to your account

I think he's talking about the cashout option at cashgames where you get a percentage of the pot when you give up before the river

 

[fundiver199]

withdrawing money is possible if you are verified at PokerStars then you will be able to withdraw money from PokerStars it is very easy and they do not delay withdrawing money, they do it in a couple of seconds and the money will immediately come to your account

OP is talking about a feature in PokerStars cash games, which allow players to cash out their equity, when they are all-in before the river. This is also sometimes called "all-in insurance" and basically mean, that someone else (in this case the house) takes over the risk / variance. In the classic TV-poker show "Big Game" Phil Helmuth occationally purchased all-in insurance from some of the other players. Most online poker sites have this feature in their cash games now, and usually the fee is 1%.

Example: You have QQ, the opponent have AKo, and you are all-in before the flop. Your chance of winning is 55%, and the pot size after rake is 20$. This mean, your equity share is 11$. If you use the all-in cash-out option AKA "insurance" you will be rewarded 11,00-0,11=10,89$ from the pot. If your opponent also opt to cash out, they will be rewarded 9,00-0,09=8,91$, and PokerStars thus earn an extra 0,20$ in rake. Alternatively if your opponent dont cash out, the board will be run out, and he will then either be rewarded the full 20$ pot or nothing with him now essentially gambling with the house like in casino games.

 

[G0930]

Hello friends, sometimes you go All In before you see the flop, after it and even on the turn. What do you think of the Poker Stars cash out button? Do you have this function activated? Have you used it?

I use it in PLO . Saved me loads of money.
Also sometimes with odds over 80% .
The better your odds the better your Cash out option.
I just experienced too many suckouts where the villain gets there on the river with 5% equity lol.
In which case I gladly accept taking 90% of the pot before the river riskfree

 

[fundiver199]

Hello friends, sometimes you go All In before you see the flop, after it and even on the turn. What do you think of the Poker Stars cash out button? Do you have this function activated? Have you used it?

Yes I have used it, when I was a cash game player. Its a long term negative EV proposition, since you pay 1% more rake. But it reduces variance, which is good, if you are aggressive with your bankroll and/or have a tendency to tilt after losing. However if I was to play cash games regularly again I would try to not use it. In top of the rake the reason for this is, that winning or losing these "insurance bets" tend to get another distraction in top of the difference between actual and all-in adjusted C. And for that reason I think, its best to just accept, that getting lucky or unlucky in all-in before the river situations is part of poker. It also prepare you for tournaments, should you later decide to go that route, which by the way I did.

 

[Gallarado777]

I think he's talking about cashout opportunities in cash games, where you get a percentage of the pot when you give up to the river.

so this feature on ggpoker works, but there's no such thing on pokerstars

OP talks about the PokerStars cash game feature that allows players to cash out their equity when they go all-in to the river. This is also sometimes referred to as “full insurance” and basically means someone else (in this case the house) is taking on the risk/variance. On the classic TV poker show The Big Game, Phil Hellmuth occasionally bought all-in insurance from some other players. Most online poker sites now have this feature in their cash games, and the commission is usually 1%.

Example: You have QQ, your opponent has AKo, and you go all-in before the flop. Your chance of winning is 55%, and the pot after rake is $20. This means that your share in the equity is $11. If you use the full cash out option, also known as “insurance,” you will receive a reward of 11.00-0.11 = $10.89 from the bank. If your opponent also chooses to cash out, they will receive a reward of $9.00-0.09 = $8.91, and PokerStars will earn an additional $0.20 in rake. Alternatively, if your opponent doesn't cash out, the board will be exhausted and then he'll either get the full $20 pot or nothing with him, now essentially playing with the house like in casino games.

thank you friend, but you don't have to write this to me, but to our friend I know very well what it is because there is Internet access and I always try to ask questions from the Internet, these are not functions on pokerstars I just understood his question how to withdraw funds

 

[G0930]

so this feature on ggpoker works, but there's no such thing on pokerstars

Yes there is. When you play any cashgame on Pokerstars .

 

[Station_Master]

Best not to use it as in the long term you end up paying more rake

 

[Aballinamion]

Hello friends, sometimes you go All In before you see the flop, after it and even on the turn. What do you think of the Poker Stars cash out button? Do you have this function activated? Have you used it?

This is a common issue around the forum.
I never use this resource. As others have said, there’s the rake plus I don’t think cash games is a game that we are constantly jamming/going all-in.

 

[rock0001]

it reduce variance and i use it sometimes in coinflips if i think im going to lose the hand postflop.