How He Used Cash Out to Manage Risk During the Bangladesh-India Series Over the Pohela Boishakh Holiday
Tanvir Ahmed is a third-year Finance student at the University of Rajshahi with a keen interest in cricket statistics that goes well beyond his coursework. During the Pohela Boishakh holiday, he was home watching the Bangladesh–India T20 series. He opened the c100x app and placed a pre-match bet on Bangladesh at odds of 2.30.
Bangladesh lost two wickets in the first six overs. On the Live Betting dashboard, the odds had shifted to 3.80. He had two options: hold on or cash out.
The Cash Out Decision
C100x was offering a cash out of ৳380 at that point (Tanvir had staked ৳500) — a ৳120 loss. But instead of taking it, Tanvir doubled down with an additional ৳200 live bet on Bangladesh, knowing that since the Mashrafe era, Bangladesh had a track record of fighting back under pressure.
Bangladesh won in the end. Total return: ৳1,630. But the real lesson here isn't the win — it's that Tanvir made his decisions based on information, not emotion.
Cashing Out Was the Right Call in the Next Match
In the next match, Tanvir placed another ৳400 bet on Bangladesh. With Bangladesh ahead at the midway point, c100x offered a ৳580 cash out. This time he took it — and for good reason: rain was forecast for the final four overs and Bangladesh's tail-enders were at the crease. It was a cautious call, and it proved to be the right one — the match was eventually abandoned due to rain. A refund would have been issued either way, but the cash out return was higher.