Paya_31
Visionary
Bronze Level
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
Legend
Loyaler
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
Captain Fathermucker, Satty Aficionado
Loyaler
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
F
fundiver199
Legend
Loyaler
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
Captain Fathermucker, Satty Aficionado
Loyaler
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
F
fundiver199
Legend
Loyaler
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
Legend
Loyaler
so this feature on ggpoker works, but there's no such thing on pokerstars
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
Captain Fathermucker, Satty Aficionado
Loyaler
Yes there is. When you play any cashgame on Pokerstars .
Aballinamion
Sleeping with the Dark Lady of the Sith
Loyaler
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.
