Yesterday I played and greed played a trick on me. I successfully made all-in a few times and increased my stack. However, opponents in front of the turn or on the turn still had 2-10% to win in such cases. I think that I was not mistaken when I took my 70-90% of the bank early. But at the same time, the card on river made my combination 100% strong.

This happened 7 times and I thought that hell, I do not get all the money from this. If I summed up the money that I was not get, it would amount to a few dollars. One dude wrote in chat that I was doing stupid things and giving easy money to PokerStars. Well, at this time new players come to the table and two of them play very well. They successfully slowplayed against me, and one of them took a good bank several times after confronting me.

There came a time when I had a more nut hand, I made all-in. 92% to win! At that moment, I thought that I would not do a cash out and would receive all the money (oh, it was great mistake). This moment was the last for me yesterday, because the river made the opponent’s hand stronger

I came to the conclusion that in the future I will do cash out at any limits with 55%+ to win. As we say in Russia, a titmouse in a hand is better than a crane in the sky (I hope you understand). I also recalled a parable about a little boy, a hairdresser and 25 cents (against the dollar)

And you? What you think about cash out? Are you often use this option?

I don´t do it frequently.
I´ve done it twice.

I'm not used to it at all. Although I don’t even play cash games.
Sorry.

If the hand is played for a lot of money then I will consider the chance to do a cash out. Playing at low stakes where there is not so much value in the pot, I quite assume that I would do cash out, rather then that I will gamble and see the 5 card at the board.
Not always maybe when I'm in a quite bad position with only lets say 2-3 outs, then is good to use that option, because you will save something, rather then loosing all.

Originally Posted by gravac

If the hand is played for a lot of money then I will consider the chance to do a cash out. Playing at low stakes where there is not so much value in the pot, I quite assume that I would do cash out, rather then that I will gamble and see the 5 card at the board.
Not always maybe when I'm in a quite bad position with only lets say 2-3 outs, then is good to use that option, because you will save something, rather then loosing all.

Yes, I really appreciate this feature, because it makes it possible to consistently earn for tight-aggressive players.

I used to, and I got burned by the cards flipping in my favour on the river too many times.

The pros always say dont use it.

And to be honest.. If you really are basically beat with about 3% equity, Your cash out is worth hardly anything and you may as well let it run to see if an absolute miracle happens. (in my opinion)

Hello! I have a similar situation, as soon as I disagree on the deal, the river defeats me, I just lost on two AQ pairs, the river brought the villain to the street. Respectfully, Sergey.

Haven't run the exact numbers, but if we're looking at the long run, we're giving up a percentage of our expected winnings to the house. From a purely numbers point of view, we're just adding to the rake and not maximizing our profits.

That said, we should consider what affect bad beats have on our game. If we're 90% favored to win and lose, how much do we expect to lose from our emotional reaction? Will we go on tilt and start spewing like crazy? If so, we might actually be hedging against future losses and ensuring we can continue playing optimally by cashing out. Of course, we have to balance that against the feeling that we could have won an extra 10% of the pot had we resumed the hand - but again, if we're going to manage our emotions, we should probably work towards avoiding tilt.

Ed Miller's Small stakes book might be somewhat out of date, but it makes an important point in the beginning - poker is gambling. We have to accept that fact in order to be profitable in the long run (by playing against bad players) and to manage our emotional reactions to bad beats, so if cashing out helps us to manage tilt and make us more profitable, we should do so. But we should be working towards letting it run every time.

I do it all the time now unless I'm very short stacked. I've been stung too many times with miracle rivers when I'm in for 98%. The times I have cashed out recently have been great decisions.

Yes I give up some money but that's better than losing my money to a lucky suck out. People criticise my actions at the table and I couldn't care less. Do what works for you.

I’ve used it several times I actually like it takes the frustration out of losing to weaker hands.

Me i use it especially preflop, last time i was holding AK after opening x3 there was one caller behind and the BB squeezes jam, i was ready to gamble if he had QQ or JJ but he turned AQ so i made the cash out, when they ran the hand there was a Q on the flop and i would be loosing the hand. I think we should use it from time to time to diminish the swings.

Originally Posted by mkdrummey

I do it all the time now unless I'm very short stacked. I've been stung too many times with miracle rivers when I'm in for 98%. The times I have cashed out recently have been great decisions.

Yes I give up some money but that's better than losing my money to a lucky suck out. People criticise my actions at the table and I couldn't care less. Do what works for you.

Agree with you! Great guard from beginners with crazy cards.