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Cash Out is a feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds change in or against your favor.
Cashing out can be tempting because it lets you lock in a profit or mitigate your losses. Unfortunately cashing out your bet also has a negative ROI over the long run. Sportsbooks understand their customers can get trigger happy, so they make sure those early cash outs are much lower than they should be.
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It became especially prevalent during the heyday of hot rodding (1960s), muscle cars (1970s and 1980s), Japanese imports (1990s) and sports cars (2000s). Since then, it continues to be both popular and hazardous, with deaths of bystanders, passengers, and drivers occurring every year.
Competitive slot car racing is still alive and well today, which is perhaps most evident by the 180 public raceways still existing in the United States and Canada.