Renart Posted 8 February 2016 Share Posted 8 February 2016 This is a genuine question. I appreciate that this is going to be my decision but this is starting to eat me up a little and would love some opinions. In October I put £5 on Leicester to win the league at 1000/1. It was a bit of fun, speculative, I don't know what it was. Now, many of you will know me from this forum and will know that I am a genuine fan and my primary concern is the writing of history by Leicester. I want them to win the league for that alone, but this bet is another thing. I get married in June, and we do not have a lot of money. Things are tight. I could pay-off my credit card. I could buy my family and friends a drink at the wedding. The cash-out option is currently at £1300. That, to me, is an awful lot of money. And it is mine at the click of a button. I know it was a speculative and 'fun' bet that I never really expected to win, but that money is real. Before the game at the weekend it was £500 - that is also a lot of money but this is starting to get real and it is starting to feel irresponsible not to take it. I really want to let it ride but.... Thoughts? Link to comment Share on other sites More sharing options...
FireFox Posted 8 February 2016 Share Posted 8 February 2016 Do you want 5000 or 1300? Wait it out. We are gonna win this thing. Link to comment Share on other sites More sharing options...
KFS Posted 8 February 2016 Share Posted 8 February 2016 Recent cash out fvck ups from me say do it. Link to comment Share on other sites More sharing options...
Vlad the Fox Posted 8 February 2016 Share Posted 8 February 2016 At worst you lose a fiver. Hold out till the end. We need the team and very importantly the supporters to hold their nerve. You should do the same and enjoy your payday when it comes. Link to comment Share on other sites More sharing options...
ScouseFox Posted 8 February 2016 Share Posted 8 February 2016 part cash it out. if them figures are right think im right in saying you could take £1000 and still stand to win about another £1000 if we do it? or take half the cash out for half your stake (secure £650 now) and stand to win a further £2500 if we do it. Link to comment Share on other sites More sharing options...
Guest Mee-9 Posted 8 February 2016 Share Posted 8 February 2016 Profit is profit. Cash it. Link to comment Share on other sites More sharing options...
Sampson Posted 8 February 2016 Share Posted 8 February 2016 Cash out. If it pays off your credit card than you shouldn't be taking the risk.. Don't be silly risking your family's financial future. Sure the extra money would be nice but if you've got the option there to wipe your debts then you should take it every time. Link to comment Share on other sites More sharing options...
foxes_rule1978 Posted 8 February 2016 Share Posted 8 February 2016 I would cash out, because would you honestly stick 1300 on us to win the league now... it is a lot to lose Link to comment Share on other sites More sharing options...
ceredigion Posted 8 February 2016 Share Posted 8 February 2016 I'd say wait a bit. See where we are in 2 games time after Norwich. The cash-out option might improve. Plus I think we've got a better than 1 in 4 chance of winning this league at the moment so your cash out isn't great value. Link to comment Share on other sites More sharing options...
dylanlegend Posted 8 February 2016 Share Posted 8 February 2016 This is a genuine question. I appreciate that this is going to be my decision but this is starting to eat me up a little and would love some opinions. In October I put £5 on Leicester to win the league at 1000/1. It was a bit of fun, speculative, I don't know what it was. Now, many of you will know me from this forum and will know that I am a genuine fan and my primary concern is the writing of history by Leicester. I want them to win the league for that alone, but this bet is another thing. I get married in June, and we do not have a lot of money. Things are tight. I could pay-off my credit card. I could buy my family and friends a drink at the wedding. The cash-out option is currently at £1300. That, to me, is an awful lot of money. And it is mine at the click of a button. I know it was a speculative and 'fun' bet that I never really expected to win, but that money is real. Before the game at the weekend it was £500 - that is also a lot of money but this is starting to get real and it is starting to feel irresponsible not to take it. I really want to let it ride but.... Thoughts? Well played... I wish I'd have put some dollar on the boys but don't like betting on us for titles anyway... Also didn't think we had a chance if I'm being honest. As above have said cash out 50% let 50% run Link to comment Share on other sites More sharing options...
KFS Posted 8 February 2016 Share Posted 8 February 2016 I'd say wait a bit. See where we are in 2 games time after Norwich. The cash-out option might improve. Plus I think we've got a better than 1 in 4 chance of winning this league at the moment so your cash out isn't great value. We've got some games to come against sides that need to win. Could get sticky for us yet. Take the money pal Link to comment Share on other sites More sharing options...
ceredigion Posted 8 February 2016 Share Posted 8 February 2016 I think from now on I'm going to stick £1 on every team at the start of the Premier League if the bookies are going to offer odds of 5,000-1 in the future. Link to comment Share on other sites More sharing options...
ScouseFox Posted 8 February 2016 Share Posted 8 February 2016 I think from now on I'm going to stick £1 on every team at the start of the Premier League if the bookies are going to offer odds of 5,000-1 in the future. it will never happen again. you'll turn £20 into £3 for the next 50 years. Link to comment Share on other sites More sharing options...
Stevosevic Posted 8 February 2016 Share Posted 8 February 2016 Cash out would be my advice. Link to comment Share on other sites More sharing options...
goose2010 Posted 8 February 2016 Share Posted 8 February 2016 Cash out after Arsenal it will be around 2k if we don't lose! Link to comment Share on other sites More sharing options...
Craig Posted 8 February 2016 Share Posted 8 February 2016 Take the money. Link to comment Share on other sites More sharing options...
ozleicester Posted 8 February 2016 Share Posted 8 February 2016 I had a couple on us at 1500/1 at the start of the season.... when i was checking the cash out option in december .. I ACCIDENTALLY pressed cash out.. and got a pathetic return of 30/1. What a fvcking shambles. All i can say is... you will be gutted of we win the league and youve taken the cash early... (at least i know i will). IMO leave it... and enjoy the ride. Link to comment Share on other sites More sharing options...
daddylonglegs Posted 8 February 2016 Share Posted 8 February 2016 1300 pounds more than you (or anyone expected) you could have now. Take the money I beg you! Link to comment Share on other sites More sharing options...
jammie82uk Posted 8 February 2016 Share Posted 8 February 2016 Like you said it's real money and guaranteed I would cash out clear your debts Link to comment Share on other sites More sharing options...
Benguin Posted 8 February 2016 Share Posted 8 February 2016 From someone who has gotten into trouble both financially and with family from gambling I would recommend you cash out. You should not think of it as well if it loses I only lost a fiver as that is not true, when you placed the £5 you invested it and all though it was just fun it was still an investment. That investment has now grown dramatically and it is no longer a £5 stake. You now have a bet of £1300 on us to win the league at odds of 31/10. So you have to ask yourself if you hadn't placed the bet in the first place would you bet £1300 at 31/10 on us to win? If the answer is no cash out! It's real money! Link to comment Share on other sites More sharing options...
I am Rod Hull Posted 8 February 2016 Share Posted 8 February 2016 Cash out.... Link to comment Share on other sites More sharing options...
bovril Posted 8 February 2016 Share Posted 8 February 2016 Cash out and enjoy the rest of the season. Link to comment Share on other sites More sharing options...
Vardinio'sCat Posted 8 February 2016 Share Posted 8 February 2016 What does the lucky lady/gent think? As a part beneficiary, I'm sure they have an opinion. I would be tempted to wait until after the Arsenal, on the basis that it will still be worth £500 if we lose. Link to comment Share on other sites More sharing options...
Renart Posted 8 February 2016 Author Share Posted 8 February 2016 You guys are great and I really appreciate the advice. I am glad that you are actually taking this seriously enough to offer genuine advice. I am surprised that so many are saying 'cash out' and not getting carried away with the 'romance' of it, especially when the money is not theirs; this is why I love this forum. That is not to say that I don't respect those who think I should keep the bet going - after-all I placed the bet in the first place with the idea of winning £5000, I didn't know I would have the option to cash-it-in early. I am not a gambler, as you might tell, and I am not sure that I have the nerve to ride this out. However, I suppose I have until Saturday to make this decision as the payout is unlikely to change between now and then. Link to comment Share on other sites More sharing options...
Larry_LCFC Posted 8 February 2016 Share Posted 8 February 2016 I wouldn't cash out just yet. Nothing drastic will happen over the next 3 games. It will either go up more or down a little bit but whilst we are 5 points ahead, it's a good position to be in. Link to comment Share on other sites More sharing options...
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