Pokerstars Cash-out option

[BlakkPearl]

I'm not sure if this is a pokerstars specific feature because I am pretty new to playing poker. But when you are playing cash, if you are all-in, you are given the option to cash out based on your percentage of winning.

I was a 90% favorite to win a large pot and of course, I lost this hand. I understand that it's part of the game. But I'm curious if its ever profitable to take the cash out option?

 

[LevySystem]

They also take a share of the amount you cash out. So it's essentially like paying more rake.

So if you want to maximize you're EV - expected value. Than no. It's a feature made for weaker players to "avoid" Bad beats. If you want to take a more serious approach to the game don't do it. Learn to deal with variance and maximize you're EV.
GL at the tables

 

[BlakkPearl]

They also take a share of the amount you cash out. So it's essentially like paying more rake.

So if you want to maximize you're EV - expected value. Than no. It's a feature made for weaker players to "avoid" Bad beats. If you want to take a more serious approach to the game don't do it. Learn to deal with variance and maximize you're EV.
GL at the tables

Oh I didn't realize it took a share of the amount. I figured it wouldn't be a good idea thanks for the response

 

[fundiver199]

The fee for cashing out is 1%, so in itself it is a losing proposition. I do however think, it can be profitable under certain curcumstances:

1) It can allow you to use slightly more aggressive bankroll management, because it reduce variance.

2) You can take on marginally profitable but high variance spots, you might otherwise seek to avoid.

3) Avoiding to many "bad beats" in a session can make it easier to stay away from tilt.

4) If you are using a stop-loss per session, you will hit that stop-loss more rarely, which allow you to play longer sessions.

5) Sometimes cashing out can create a situation, where you get to play deep stacked against a bad player, when he let it run and win the hand, but you cashed out.

So should you always use this feature? Definitely not. But I do think, there is a case to be made for using it in some situations. Basically variance is bad, unless you are a gambler, so it does have value to reduce it.

 

[Haze of Spade]

i think its good for taking big shots and playing super deep stacked but otherwise i think its really bad for us because i noticed some very bad players cash out every single time they can, so they go broke very fast and leave the table, when they actually would get lucky but they just give the money to pokerstars lol
so instead of paying the fish for our bad beats, now we pay ps....

 

[fundiver199]

but otherwise i think its really bad for us because i noticed some very bad players cash out every single time they can, so they go broke very fast and leave the table, when they actually would get lucky but they just give the money to pokerstars

In hand analysis it is often stated, that we should focus on our own decisions rather than results. This also goes for a topic like this. poker sites decide, which games to offer, their TOS etc., and then we as players make two different decisions:

1) Do we want to play X game on Y site considering all relevant parameters?

2) If yes do we want to use the all-in cash-out feature?

Its not a referendum, where we are voting about, what we like poker sites to do