
H.I. #63: One in Five Thousand
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The Importance of Cashing Out Early in Sports
Gray: Cashing out early works in the betmaker's favor. He says if a team gets halfway through the season with incredibly unlikely odds, the odds of them winning are not incredibly unlikely anymore. The bookies will do anything to get you to reassess your bet and cashing you out from their perspective is "the winning play every time" Gray: There can't ever be or how to phrase this that over the long run, there's no winning strategy which involves cashing out early. That it seems to me like that should always be the statistically wrong thing to do for sport.
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