Best Rugby League Betting Sites in 2023 for the UK

With so many sportsbooks currently on the market, bettors have never had more choice, and the UK boasts a number of good quality bookmakers for sports betting. Rugby league is a popular option for sports bettors and this is demonstrated by the depth of markets and offers available with the industry-leading bookmakers across the UK.
Many UK sportsbooks believe that they have the best rugby league betting site. We look at the different Rugby league markets offered, the quality of the odds offered, alongside the navigation and accessibility of each site, to come up with the best rugby league betting sites for you.

Best Rugby League Betting Sites


1. BetUK

Bet £10 Get £30 in Free Bets

T&C's Apply .New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry. 18+ BeGambleAware®: Gambling Help & Gambling Addiction | BeGambleAware .


2. bet365

Bet £10 Get £30 in Free Bets

For New Customers. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. 18+.


3. Unibet

Bet £10 Get £40

New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit for full T&C's.


4. Betfred

Get £40 in Bonuses When You Stake £10

New 18+ UK customers. Register with CHELT40 between 09:00 on 10/03/2023 and 17:30 on 17/03/2023. Deposit, using a Debit Card, and place first bet on sports within 7 days of registering. Bet must be £10+ at Evens (2.0)+ in one bet transaction. £40 in Free Bets credited within 10 hours of bet settlement, expires 7-days after issue. First bet must be settled within 7 days of registration. Proof of I.D and address may be required. Full T&Cs apply. Full T&Cs apply.


5. Spreadex

Bet £25, Get £50 in Bet Bonuses

Place a £25 fixed odds single bet at min. odds of 1/2 and get 5 x £5 free fixed odds single bets, as well as 2 x £5 free totals goals bets, 2 x £5 winning favourite bets, and 50 free spins on Starburst. Free bets applied to account on consecutive days. 18+ T&Cs apply.


6. BetVictor

Bet £5 Get £30

18+ New customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus a £10 Slot Bonus, selected games, wager 20x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply, see below. Please gamble responsibly

William Hill

7. William Hill

Bet £10 Get £30 in Free Bets

18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply.


8. Betway

£30 Matched Free Bet

*New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+

Our Choice For The Best Rugby League Betting Sites in 2023

  • Betfred-Fantastic rugby league bet builder
  • William Hill – Great range of rugby league markets
  • BetVictor – Regular odds boosts for rugby league
  • Ladbrokes – Competitive rugby odds
  • 888sport – Great rugby league information in superb blog.


Betfred has become one of the UK’s most popular betting sites since its online launch in 2004. Betfred, sponsors of the Super League, is one of the most popular bookmakers for rugby league betting and offers punters numerous options. As well as the Super League, Betfred have other sponsorship deals in rugby league, including the England men’s, women’s and wheelchair rugby teams

Bottom line:

Betfred provide variety and value in their coverage of rugby league. They are one of the sport’s main sponsors, and give punters a number of markets and options to bet on, pre match and in-play. The bookmaker is clearly one of the UK’s best rugby league betting websites.

Why we like Betfred:

Betfred offer markets on all the top leagues and competitions. One of Betfred’s strongest features is the In-play betting option that is easy to use, and every punter should consider the site when betting on rugby league.  Betfred has an excellent blog with a rugby league section, which provides a lot of information on the sport, helping punters make more informed choices. 

Well established, trustworthy and well regulated. It makes responsible gambling a priority
Big commitment to rugby league/many rugby league markets.
Rugby league promotions, including enhanced odds
Excellent Super League section of the Betfred Blog
Trending rugby league bets feature
Rugby league betting guide
Great in-play betting service
Rugby league bet builder.
Acca Insurance does not apply to rugby league. Only to football bets.

What Betfred offers you

  • Rugby league bet builder: Betfred’s fantastic bet builder #PickYourPunt, a feature that combines bet building with bet customization can be used for rugby league. Customers can “build” their own bets, combining a range of markets to create their own unique wager. Alternatively, you can bet on Pick Your Punt markets already available on the site. If you want further options you can tweet @Betfred #PickYourPunt to get your wager priced up.
  • Rugby league promotions: The bookie has rugby league specific promotions including Double Delight. If your player scores the first try of the match, then goes on to score another, Betfred will double your first Try scorer price. Look out for other rugby league promos/enhanced odds
  • Fair odds for rugby league: We looked at 2 fixtures, in the NRL and the Super League. Betfred’s payout margins averaged at 91.1% which was similar to its competitors.
  • Daily Price Boosts: Check the Betfred website for daily price boosts on selected events and matches
  • Betfred Blog: Betfred have a great blog with a superb rugby league section, helping punters to make more informed choices. You can read the Betfred blog here.

Read the full Betfred Review

William Hill

A solid and reliable name, synonymous with the UK betting industry, William Hill was formed in 1934 and since then has been a leading player in most types of betting. Not surprisingly William Hill is a great bookie for rugby league betting.

Bottom line:

 William Hill provides a large variety of markets in rugby league, with great pre-match and in-play options. William Hill is a top quality rugby league betting site.

Why we like William Hill:

William Hill offers good value and a great range of markets in Rugby League. They also give you the option to customise your bet by tweeting @WilliamHill#YourOdds, plus an extensive list of options to build your bet on the site.  The bookmakers odds are fair and competitive for rugby league.

As well as the Super League and The Challenge Cup, William Hill offer markets on the second tier of English rugby league. It also offers markets on the NFL and State of Origin matches, plus international fixtures and tournaments. 

William Hill is a great place for experienced or novice bettors looking for a rugby league wager. It is clearly one of the UK’s best Rugby league betting sites.

Well established, trustworthy and well regulated.It makes responsible gambling a priority
Excellent range of rugby league markets
Customised bets available for rugby league by tweeting @WilliamHill#YourOdds
Fair and competitive odds for rugby league
Could offer more specific rugby league promotions.

What William Hill offers you

  • Large range of rugby league betting markets: William Hill cover the sport comprehensively with different markets available in international and club rugby league. William Hill also provide punters with a great in-play betting service
  • Attractive Welcome offer: Bet £10 and get £30 in free bets. 
  • Fair and attractive odds for Rugby league: We looked at 2 fixtures, in the Super League and the NRL. William Hill’s payout margins averaged at 91.7% which was similar to its competitors.
  • Customised rugby league bets: If you can’t find what you are looking for you can tweet @William Hill #YourOdds. 
  • Regular enhanced odds promos: Look for boosted odds on rugby league in the run up to matches. William Hill’s website offers enhanced odds on a daily basis across a range of sports and events.

Read the full William Hill Review


BetVictor has been part of the UK betting scene since 1946. A well-established and reliable company, it has developed into an excellent online bookmaker. Rugby, both League and Union, is a strength of BetVictor, and they are among the UK’s best Rugby league betting sites.

It offers markets on all of the major rugby league competitions such as the Super League, the Challenge Cup and the NRL, as well as major international tournaments and fixtures. You can also get markets on the Championship, the division below the Super League. 

We confidently recommend BetVictor as one of the UK’s best rugby league betting websites.

Bottom line:

BetVictor covers rugby league at international and club level, providing comprehensive coverage of the biggest events and matches. With promotions, such as enhanced odds, on rugby league, and their all-round service and solid reputation BetVictor is one of the UK’s best rugby league betting sites.

Why we like BetVictor:

BetVictor offers markets on all of the major rugby league competitions such as the Super League, the Challenge Cup and the NRL, as well as major international tournaments and fixtures. You can also get markets on the Championship, the division below the Super League. 

Rugby league wagers are available pre-match and in-play. Betting options include the match result, specific scores and points margins, handicaps and try scorers. Statistics are available to help bettors make their picks, while in-play betting is supported by graphics. Further incentives include promos such as regular odds boosts.

Well established, trustworthy and well regulated.It makes responsible gambling a priority.
Good range of leagues and markets covered for rugby league.
Cash out available on rugby league bets
Regular odds boosts for rugby league matches
No live streaming for rugby league 

What BetVictor offers you

  • Great coverage of international and club rugby league: As well as international rugby league such as top Test matches and the World Cup, Bet Victor provides great coverage of the Super League and, arguably the sport’s top league, the NRL. Pre-match and in-play options are available, plus handicaps and some props markets.
  • Cash out on rugby league bets at BetVictor: BetVictor have a cash out feature which allows you to lock in a profit or loss before waiting for the event to finish.
  • BetVictor Loyalty Club: Opt into this promotion via the Offers tab. Place 5 bets of £5 or more on any Sports market, each with odds of 1/2 (1.50) or greater. Multiple bets made on the same outcome will count as one qualifying bet. Then open the box for a chance to win a prize. This can get you a Free Bet between £1 and £25 which can be used on any Sports market, can be used as one whole bet or a number of smaller bets, will only return any profit exceeding the total stake.
  • New customer offer: BetVictor give new customers a choice of welcome offers and often tie them in with a specific event. At the time of writing new punters can bet £10 and get £40 in free bets on horse racing or use the football bet builder to place a £10 bet in order to earn £50 worth of free football bet builder bets. The bookie offers promos for existing customers and rugby league fans should look out for odds boosts to find those good value bets.

Read the full BetVictor Review


Ladbrokes was founded in 1886, making it one of the world’s longest established betting companies. Over 130 years later, Ladbrokes continues to move with the times and boasts an excellent online sportsbook. They provide good value for rugby league punters.

Bottom line:

Ladbrokes is a traditional British betting brand that is a good choice for rugby league fans who are hoping to bet on leagues and tournaments like the NRL, the Super League, the Challenge Cup and others. Ladbrokes cover international events such as the Rugby League World Cup and are clearly one of the UK’s best rugby league betting sites.

Why we like Ladbrokes:

Ladbrokes are an established and trustworthy bookie. They offer competitive odds for rugby league and have a good range of rugby league markets and betting options.

Well established, trustworthy and well regulated.It makes responsible gambling a priority
Excellent range of rugby league markets
Competitive odds for rugby league
Lack of specific rugby league promotions

What Ladbrokes offers you

  • Great variety of markets for rugby league: Punters have a range of options to bet on in a range of leagues and competitions. Match stats and some player props are available in the bigger matches with pre match and in-play markets available.
  • Competitive odds for rugby league: Ladbrokes generally compares well to the other top bookmakers. We looked at two Rugby league fixtures in the NRL and the Super League. The payout margins averaged at 91.7%. 
  • Cash out at Ladbrokes: Ladbrokes have a cash out feature available for selected rugby league matches. This allows you to lock in a profit or loss before waiting for the event to finish. 
  • Enhanced odds at Ladbrokes: Ladbrokes often offer enhanced odds and advertise this in the form of promotions such as “Boost That Bet”, where odds are enhanced leading up to events and “Let’s Get Boosty”, where punters can pick up a daily odds boost. This can be applied to selected rugby league matches and events.

Read the full Ladbrokes Review


888sport continues to be one of the most underrated of all online bookmakers and is still constantly improving. It has a very good range of markets for rugby league and the sport features in many of its promotions. 

Information is available to punters via a rugby league betting guide on their blog. 888sport also provide a glossery of popular rugby league terms, very useful for punters who only bet on occasional events or matches. 888sport is comfortably one of the UK’s best Rugby League betting sites.

Bottom line:

888Sport covers a range of rugby league markets in depth and have a number of promotions related to the sport. Their coverage of international and club rugby, plus the availability of outright bets for major tournaments years in advance have more than earned 888sport its status as one of the UK’s best rugby league betting websites.

Why we like 888Sport:

The bookie has markets for International tournaments such as the World Cup, and covers the Super League, Challenge Cup and NRL in depth. Information is available to punters via a rugby league betting guide on their blog. 888sport also provide a glossery of popular rugby league terms, very useful for punters who only bet on occasional events or matches. 888sport is comfortably one of the UK’s best Rugby League betting sites.

Established gambling company 888 Holdings launched 888sport in 2008 making it trustworthy and well regulated. It makes responsible gambling a priority.
Variety of rugby league markets
Rugby league promotion
sAcca Loyalty Club features rugby league bets
Blog with a rugby league betting guide and glossary of popular rugby league terms
Customer support not 24 hours.

What 888Sport offers you

  • Excellent blog with glossary: The bookie have an excellent blog with news and betting tips. There is a glossary of key terms for each sport, in order to help punters, make more informed choices. You can find the blog here:
  • Acca Club: 888sport have an Acca Club where if you place bets of £20 or more over the week on multiples with 3 legs or more, you get a £5 free bet. Odds of each leg must have minimum odds of 1/2 (1.5). Racing, American football and virtual sports are not included in this offer. Terms and conditions apply. 
  • BetFeed: The Betfeed feature gives punters a view of trending bets in order to help them place their wagers.
  • Great welcome offer and promos: 888sport have a generous welcome offer, which can net you £30 worth of free bets, plus a £10 Casino bonus when you bet £10 on the sportsbook, along with promos for existing customers

Read the full 888Sport Review

How our experts choose the best sites to bet on Rugby League

Bettors have many factors to evaluate when looking for a rugby league betting site. The bookie must be well regulated and trustworthy. The quality of odds offered are vital along with the design and feel of the website, promotions, in-play betting, live streaming and the quality and accessibility of customer service. To be considered one of the best rugby league betting sites, bookmakers must rate highly in all of these areas.

Chris Sampson: Firstly, the company must be trustworthy, and deposits and withdrawals must be straightforward. The rugby league odds must be competitive, and the bookie must cover a wide range of leagues and competitions, at club and international level. The Super League, Challenge Cup and NRL are covered by most bookies, but the best go that little bit deeper.  A range of betting options are important. Many bookies cover the basics in rugby league, but the leading sites have more prop markets. Specific promos for rugby league and promos which can be applied to rugby, are important. Websites should be responsive and easy to use on both the desktop and the app. 

Compare the best Rugby league betting sites of 2023

Rugby league is a popular sport for UK bettors. Sportsbooks are responding by offering club rugby around the world as well as the traditionally popular events like the Six Nations and the World Cup. Selecting the best rugby league betting site in 2023 is about the whole service. The answer might vary from punter to punter, depending on their betting. We’ve compared the top sites to be on rugby league: 

Site RatingBest ForSign-up BonusFull Review
Betfred4.8/5Fantastic rugby league bet builderGet £40 in bonuses when you stake £10Betfred full review
William Hill4.7/5Great range of rugby league marketsBet £10 and get £30 in free betsWilliam Hill full review
BetVictor4.5/5Regular odds boosts for rugby leagueBet £10, get £40 in free betsBetVictor full review
Ladbrokes4.6/5Competitive rugby league oddsBet £5, get £20 in free betsLadbrokes full review
888Sport4.5/5Great rugby league information in superb blog.Bet £10, get £30 in free bets plus Casino Bonus888Sport full review

How to choose the best site for you

Identifying the best rugby league betting sites isn’t an easy task with so many options out there. You can only get a real idea of what works for you by trying sites out and extensively researching their promotions. 

When looking at rugby league online betting sites, these seven points are important to keep in mind:

  1. Safety is vital: To keep your cash and data safe, you should always play on licensed and secure betting sites. 
  2. Weigh up welcome offers: Not all welcome offers are the same. Each punter has different betting habits and will value different things when signing up to a new bookie, so make sure you find a site with a welcome offer which suits you. 
  3. Analyse their rugby league prices: Before jumping in, have a look through the rugby league markets to get a feel for the value on offer. All punters want the best odds. It is worth comparing between sportsbooks to see which have the most competitive prices. Check out who offers the best value on specific leagues and competitions and compare bookmaker’s odds over three matches to evaluate their consistency.
  4. Consider payment and banking options: Making sure you can deposit and withdraw money safely and quickly is very important. It is worth seeing which bookies offer certain payment methods and comparing the fees involved and timescale for receiving your winnings. 
  5. Tried and trusted bookies are worth it: Some bookmakers have a better reputation than others. The best rugby league betting sites will retain customers through the quality of their service, customer support and integrity.
  6. Bet on the move: Mobile apps are a huge part of the bookmakers’ offering. Being able to scroll through odds, live stream and contact customer service through your phone or tablet is useful. 
  7. Try signing up: Registration with a new bookmaker should be a quick, smooth and straightforward process. The only way to get a feel of a betting site is to sign up yourself and look at what they can offer. Most trusted bookies require you to provide documentation to verify your account as part of their Know Your Customer (KYC) scheme.

Betting on Rugby League explained

Betting on rugby league is a popular choice among UK bettors. Punters can find betting options on the Super League, the Challenge Cup, the NRL, plus international matches and tournaments. 

Rugby League v Rugby Union

There are two codes of rugby: rugby league and rugby union. Both sports share the same basic rules, have matches that last 80 minutes and use a similar-shaped oval ball. The main difference between the two codes is that rugby union is played by 15 players per team, while rugby union is played by 13 players per team.

Rugby League

Rugby League originated in Yorkshire in 1895 as a result of the split with the Rugby Football Union. While the game remains popular in the north of England, it is also a popular game globally, especially in countries such as Australia, New Zealand, France, Tonga, Fiji and Samoa.

The biggest international tournament in rugby league is the Rugby League World Cup, which takes place every four years. The biggest club competitions, meanwhile, are the Super League in Europe and the National Rugby League (NRL) in Australia.


How Are Rugby Betting Odds Calculated?

Rugby betting odds are calculated on the probability of something happening.

For example, the odds of Wales winning the Rugby League World Cup are longer than the odds of England winning the Rugby League World Cup. That is because the probability of Wales winning the Rugby League World Cup is much lower than the probability of England winning the Rugby League World Cup.

If Wales were to win the next World Cup after you placed a £10 bet on them to do so at 16/1, you would win £160. But if England win after you placed a £10 bet on them to do so at 5/1, you would win £50.

The best rugby league betting sites in the UK will display odds for different markets. Firstly, you will find odds for the outright winner of leagues, tournaments and cups. These will change on an almost daily basis due to results, form, and, in cup competitions, the draw. 

Each match will display odds for the result (home win, away win, draw). Again these will move as things change (injuries, suspensions etc.) in the build up to the game. 

Generally, if you add up the percentage probability of each of the three possible outcomes you can determine whether the odds are good value. Naturally the three percentages should make 100, however, that would leave the bookie without profit. What is a fair margin varies from sport to sport, however in rugby league 115 and under is considered fair, while the bookies who offer the best rugby league odds usually average around 110 (90% payout). In bigger matches you can find other markets to bet on such as exact score, try scorers, result at half time etc. 


Just like selecting your preferred bookmaker, there is a lot to consider when making rugby league picks. Recent form, injuries, suspensions, upcoming fixtures and style of play/characteristics of the teams are all important factors.

Types of Rugby League bets

Rugby league bettors have never had more options available. Punters can, for example, bet on outright winners and match results. Match stats are becoming more commonly available and some bookies are starting to introduce player props. Accas and multiples are also becoming popular. Bettors pick a number of games to predict the result from, with, for example, odds given for selecting four out of four correct results.

Futures Bet

This is a bet on an event which is often some way down the line. Punters often bet on outright winners (the winner of a competition, for example Super League or World Cup). Bets such as this can be made on individual players too, for example top points scorer or top try scorer in the Super League.

Moneyline Bets

For an individual match punters bet on which team will win, or whether the game will end as a draw. An extension of this is betting on a specific result. 

Over/Under (Total) bets

Betting the over/under in a match simply means you are wagering on how many points will be scored overall, not how many one team will score, or who will win. 

Double Chance

As it sounds, double chance betting involves predicting two of the three possible outcomes in a rugby league match. In any game you will have three double chance options: Team 1 win + draw, Team 2 win + draw, Team 1 or Team 2 win.

Multiple-Game Bets

Parlay: A parlay involves more than one wager combined together for greater odds. You can place a same game rugby league parlay — multiple events from one matchup — or alternatively, events across multiple games. Comprising three doubles and a treble, a Trixie is three selections and four bets. At least two of the selections must land to guarantee a payout. These bets are only widely available in the most popular rugby matches.

As stated earlier, accumulators, where punters try to match a number of results, are becoming more popular in rugby league betting. 

The obvious risk is that all the bets have to win for the bettor to receive a payout. However, some bookmakers, offer accumulator insurance so if one of your selections (minimum five selections) lets you down you will receive your stake back as a free bet.

Handicap betting

Handicap betting helps punters get better odds if a game appears to be one-sided. 

Props markets

Prop markets are becoming more common, and they allow customers to bet on anything that may unfold during a game. Common prop bets include, correct score, first team to score, which team will score last plus others, depending on your bookie.

Depending on the bookie, there may be options to include props in a mixed parlay.  Many bookmakers have rugby league bet builders and the option to tweet your customised bets to the bookie to get odds quoted. 

Prop markets become more limited with smaller games and less popular leagues.

In-play betting

Lots of rugby league bettors enjoy the excitement of live betting as the match flows. Bettors can follow the action then use their judgement to place bets as the game unfolds. Live streaming has made this more popular. Bookmakers offer several markets, such as which team will score the next points, the next try scorer.

Rugby league betting strategies

It is important to do some background research before making your wager. Look into form, injuries, styles of play and upcoming fixtures. Try to apply your knowledge and understanding of the game to your selections. Look at the types of bets you prefer and develop your own strategy. Above all, gamble responsibly and make it fun.

Rugby league is a popular sport with UK punters. The biggest competitions and leagues are as follows: 

  • Rugby League World Cup: The Rugby League World Cup takes place every four years. The next edition will be held in France in 2025. Australia, England and New Zealand are usually among the favourites
  • Super League: The Super League is made up of 12 teams, most of which are based in the north of England, plus French side Catalans Dragons. Leeds Rhinos are the most successful side in Super League history, having won the Grand Final eight times. Currently though, St Helen’s are the team to beat, having won the last four championships in succession. After 29 games, the team that tops the table wins the League Leaders Shield. Then, the Play-Offs begin, as the sides battle it out to reach the showpiece Grand Final, usually played at Old Trafford.
  • Challenge Cup: As well as the Super League domestic rugby league has the Challenge Cup. This competition allows amateur teams to take part in the first round. But the Super League teams are seeded, so they don’t enter the tournament until the later stages.
  • National Rugby League (NRL): The NRL is arguably the highest standard club competition in rugby league. It is made up of clubs from New South Wales, Queensland, Victoria, the Australian Capital Territory and New Zealand. The format is similar to the Super League. Each team plays 24 matches. The highest placed team at the end of the regular season wins the minor premiership. The top eight teams then play a finals series The season is concluded with the NRL Grand Final, one of Australia’s most popular sporting events.
  • Other competitions: Test matches, especially those between the leading nations attract punters. For these internationals the home nations come together to compete as Great Britain. There are also markets for divisions below the Super League, the Championship and League One. Another huge round of matches in Australia is the State of Origin series too – an annual three-game series between Queensland and New South Wales.

Frequently Asked Questions (FAQ)

Betting on the match result is the most popular rugby league bet.

There is no guaranteed way to win big in rugby league, but you can increase your chances by making sure you have a reliable betting strategy. Watch a lot of rugby league so that you understand the game better. Keep a record of your bets, and research thoroughly.

I terms of the best UK rugby league betting sites; we currently believe that Betfred provides the best overall service with William Hill not far behind. Ladbrokes, BetVictor and 888sport are also up there while BetUK and Coral are also worth looking at.

Cash out is a betting term that is used in rugby league betting. This is when you decide you want your bet — which you may have made before the game or even during play — to settle. Depending on what the live odds are at the time, and the price at which you made your bet, you could make a profit when cashing out. Sometimes, players decide to cash out even when they’re not making a profit, to cut their losses.
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