Skip to forum
Cash Game cashout f...
 
Notifications
Clear all

Cash Game cashout function

6 Posts
4 Users
0 Reactions
1,207 Views
jokolii
Joined: 28.10.2007

Hi everyone,

after a long absence, I decided to start over on GG Poker 2 weeks ago. For me its more fun, but obviously I would like to build a bankroll again.
My question, or maybe more a start of a discussion would be: Are you using the cashout function that is active when you are favourite? My first thought on this is: "never". But due to some terrible bad beats recently I started asking myself if there might be spots where I should/could use it. For example if I am a 90%+ favourite, would it not be the same result for me if I would always cash out over the long run just with fewer variance? Maybe this thought is always valid and you should cash out always?

I hope I did not miss another thread with the same topic, I did a search but the results were more specific for one heand than in general.

Cheers,
jokolii


Reply
Quote
5 replies
Yahto
Joined: 21.07.2009

Welcome back :f_smile:

I play also at GG Poker, I always cash out, you get the chance to let it run till 3 times, I call that a frivolity of GG Poker at tables, oftentimes seen those taking up the challenge ,win first turn & then loose hand twice, leaving the room tilted...

My two cents ,simply cash out if you win the hand.


Reply
Quote
Khiiniau
Joined: 21.08.2008

I play micro PLO, mainly fast in GGpoker and Pokerstars, both have cash-out option but they are different. In Pokerstars anybody can cash-out his share already on preflop if evrybody go all-in and it's funny to see when you go 6way all-in with AAKQds againts 5 xywz-hands and all those cash-out their 10% preflop:)

In GGpoker cash-out option is offered to leader if he has over 60% on flop or turn.

Generally cash-out is -EV in long run for sure. Three are good threads about cash-outing (mainly Pokerstars), this is one of them https://forums.pokerstrategy.com/forum/thread.php?threadid=502152.

I use it sometimes in certain situations, rarely in normal PLO tables but some times in fast PL0 tables R&C and Zoom when you play every hands against different opponents. For example in GGpoker micro PLO R&C there are 200+ player pools including tens of maniacs, aggros and calling stations who are always happy to go all-in on any street. I think in fast PLO tables if you don't play very long sessions but some 10-20min sessions cash-outing sometimes maybe good idea. At least to avoid tilting when you have been crushed already 10 times in 90-10 situations.

One example when I have made cash-out. 3way Preflop all-in, Hero AAxxds, villains KKxx and 75bb stack with small xywzds. Nobody has any hits or draws on flop, hero has 69% and decline cash-out. Flop pairs table, still now draws, small stack dead, KKxx has 2 outs, I cashed out 267bb, won hand so I got 19bb less but with bad beat could lose my 108bb stack.


Reply
Quote
jokolii
Joined: 28.10.2007

Thanks for the replies, I will definetly check the thread later today. Aside from a feeling though, if I think about it strategically it makes a lot of sense to cash out. You can only do it when you are 60%+ favourite on GG Poker, so you still can suck out AA with your KK but you cant really get sucked out. So short term you dont tilt because you lost twice 90% in a row cause you cashed out. And long term you should lose 10% of these situations anyway which would mean that you win the cashout only anyway over a significant amount of hands. Isnt that right? Or where is the knot in my head? ^^


Reply
Quote
jokolii
Joined: 28.10.2007

Oh, yeah. I found my knot. Assuming I have an edge to the other players, which I should have or I should just quit ^^, I am more often the favourite hence why its minus EV in the long run. If it would be random it would not matter...


Reply
Quote
Stackoffski
Joined: 08.09.2021

From their website: A fee of 1% of cash out value will be applied while using EV Cashout on all Cash Game tables ... so I don't do it! Given that your winrate is just a few bb/100, you really don't want to give anything away ...

At $2nl, for every $1 in the pot they are taking 0.5bb!


Reply
Quote