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?
 
Sparta77

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I will definitely give Ollint.Unfortunately, in many cases, good hands fall behind.
 
Alex Houngan

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I just don't play cash games, only MTT. Cash games don't suit me psychologically.
 
Andyreas

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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.
 
Jean-Guy

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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.
 
Stringy

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i cash out when i know i've been a bit too agressive and the odds are terrible, most of the time though I play on
 
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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.
 
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gustav197poker

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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.
 
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sitingman

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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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sitingman

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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.
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?
 
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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.
 
Suns of Beaches

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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?
 
sibkaz

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It depends on how many strikeouts the opponent has...
 
john_entony

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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. :unsure:
 
R.Holynskyi

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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?
I play in freerolls, enjoy the game, and accumulate additional income thanks to my wonderful hobby :)
 
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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
 
blueskies

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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?
 
Tadi

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Every time I take an early payout if I get more than I invested.
 
player4533456

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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.
 
Iryna Stryzheuskaya

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If you play only a few hands a month or start tilting from losses, then taking a cash out is reasonable in my opinion.
 
TeUnit

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They didnt give you this option to help you, they gave it to you to make money off of you.
 
Luvepoker

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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.
 
antonis32123

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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 .
 
Omahahahaha

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At 1% I don't mind cashing out. Unfortunately pokerstars made it 2% which I refuse to use.
 
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