Betting sites with cash out offer you the chance to settle your bets before the action ends. As such, the cash out tool can be valuable if you learn to use it wisely for your sports bets throughout the season.
In this article, we run through everything you need to know about cashing out and when it can be a good idea. We also introduce you to three of the best bookmakers that offer you the chance to cash out. So, read on to learn about why and when to cash out at a sportsbook to maximise your potential wins.
For those who haven’t yet tried them, cash out bookmakers are online betting sites that allow you to settle your bet before the end of the event that you have bet on. For the duration of the event, bookmakers with cash out options constantly update your cash out price and allow you to settle early if you wish. Let’s start with the main benefits of cash out:
You can choose to cash out at any time, provided that the sportsbook has not suspended the cash out option. It can be a smart move, as it reduces the risk of losing your bet as the event progresses. For instance, if you have a live football accumulator with three settled selections and one outstanding fixture going to the wire, it might make sense to cash out the bet. After all, if the fourth and final team on your accumulator loses, you lose the entire bet.
The good news is that there are lots of cash out bookmakers with great value odds, and we introduce you to our three top picks below.
We’re very happy to recommend the following three sportsbooks as the best cash out betting sites, each with a huge selection of markets, great odds, and impressive in-play betting options:
Bet365 is the best betting site with cash out, particularly for European football fans. You can bet on a huge selection of football leagues and teams at bet365, from the English Premier League to Serie A. Then, as the action unfolds, you can opt to cash out at any time throughout the match, with great value odds offered.
One of the reasons why we love bet365 for cash out is the full and partial offer. You can choose to cash out your entire wager or just a part of it. Partial cash out is a good option, as it leaves some of your wager live until the end of the match. This means that if that part of the wager wins, you receive the full stake. bet365 also offers an auto cash out option. This enables you to select a specific amount of the cash out offer that you wish to be settled, leaving the remaining amount open for the remainder of the game. These enhanced cash out options ensure that bet365 is our number one cash out bookie.
Unibet is another of the leading betting sites with cash out options. We love Unibet’s odds boost promotions, which are regularly offered for big sporting events and competitions like the UEFA Champions League, with the option to increase your bet builder odds by 25%. There are more than 1,000 sporting markets available at Unibet, and the in-play interface for football betting is extremely easy to use, which is ideal if you’re planning to cash out your bet. Ultimately, Unibet is one of the best live betting sites with excellent cash out offers.
Unibet enhances the cash out experience via the “Cash Out King” feature. To participate, you need to place a pre-match bet on soccer and cash out for a payout. Then, head to social media and use the hashtag #cashoutking to @Unibet and enter a prize draw for a host of prizes and promotions. So, not only can you take advantage of the cash out option at Unibet, but you can also potentially win additional prizes when you successfully cash out a bet, which is reason enough to bet at this popular sportsbook.
Betfred offers markets for more than 25 sports and consistently ranks as one of the best cash out betting sites with great value odds. The site also has an impressive number of live streams each week, all of which you can watch after creating an account and making a deposit. While betting at Betfred, we found cash out markets for a huge selection of sports, with a focus on football and horse racing. Slightly disappointing was the fact that some of the cash out calculations took a while when compared to other betting sites, and the delays attached to the feature were pronounced.
On the plus side, Betfred offers partial and cash out options for horse racing, football, and lots of other sports, putting you in total control of when you settle your wagers. We also like the fact Betfred is one of the leading betting sites with live streaming, meaning you can watch the action live as you await the perfect moment to cash out your bet. Overall, Betfred is another good option if you’re looking to get started at one of the best betting sites online.
Now that we have introduced the best betting sites with cash out, let’s take a closer look at how cashing out a wager works, as it can be a key part of your live betting strategy. Cashing out is something that you need to do in real time, while your bet is still live. Let’s look at a football bet as an example.
Assume that you have placed a three-way football accumulator, backing Manchester City, Arsenal, and Everton to win their respective Premier League fixtures. If Manchester City and Arsenal both win, two-thirds of your bet has come off, but you still need Everton to win for your accumulator to pay out.
When the Everton fixture gets underway, they take the lead and are winning at halftime. However, when the second half starts, they are under immense pressure and look like they’re going to concede a goal. This would be a great time to cash out your bet because the total bet is nearly over, and you’re up in all three fixtures.
Let’s say you bet £10 on your accumulator with initial odds of 4/1; your cash out price at this stage of proceedings might be £25.00. If you were to wait until the end of the Everton match, you would win £40.00 if they held on. But if they were to concede and draw or lose, you would lose your entire bet.
Timing is everything at bookmakers with cash out, and you need to think carefully about the situation in real time. You only get a very short window to cash out at the value currently offered, so act quickly to take advantage of the payout offered at the very moment.
Though the concept of cashing out is easy enough to understand, make sure you understand the following terms:
| Term | Explanation |
|---|---|
| Full cash out | Cashing out your entire stake for an immediate payout. |
| Partial cash out | Cashing out only some of your stake and leaving the rest of the stake live for the remainder of the fixture. |
| Auto cash out | You can set the auto cash out feature to kick in at any time during the fixture, meaning you don’t have to watch it live. |
| Cash out suspension | During the fixture, the cash out option might be suspended when something significant happens (a goal or a red card, for instance). |
| Cash out value | The amount the bookmaker offers for you to cash out now before the fixture ends. |
To take advantage of wagering at bookmakers with cash out, you need to know when to stick and when to twist. Here are some handy tips to bear in mind that will inform your strategy at cash out betting sites:
Understanding the sport that you’re betting on and knowing about the teams and players is really helpful when deciding whether to cash out. For instance, you might know that one team concedes lots of late goals, and they are unlikely to hold on for your accumulator to pay out. Knowing these details can help you cash out at the opportune moment.
Value is subjective, so you need to decide how much you would be happy with to settle your bet early. For example, you might be happy to make £20 or £50 profit, regardless of the potential winning value of your wager. If you set a target before the action begins, it can be a good way to approach your cash out strategy.
Though some cash out betting sites like bet365 offer an auto cash out feature, watching the action live is the best way to respond to what’s happening in real time. You can live stream the action on the sportsbook in question or watch live on a subscription service. Just make sure you’re paying attention and keep your betting app open so you can take advantage of the cash out option at any moment.
While it can be tempting to cash out as soon as the sportsbook offers you a seemingly good price, it often pays to keep your wager open. After all, the bookmaker wants you to cash out to save themselves a higher payout, so don’t be tempted to cash in right away just for the sake of it, especially if you are quite confident that your desired outcome will occur.
You’re now all set to get started at the best cash out betting sites, including bet365, Unibet, and Betfred. Remember, timing is everything when cashing out, so keep your sportsbook account open as you watch live sports.
Whether you opt for a full or partial cash out, it can be a viable way to win some money, even when your initial sports bet doesn’t go as planned. Make sure you do your research and work out when to act to make the most of cash out, and get started at one of our recommended sites today.
There are lots of cash out betting sites to choose from, including the likes of bet365, Unibet, and Betfred, which are our three top picks for cashing out.
Bet365 offers brilliant cash out options from your desktop computer and mobile phone. You can also cash out easily at Unibet and Betfred.
This depends on what’s happening in the match that you have bet on. You need to do your research and set yourself a target to ensure that you make the most out of the cash out option when it is available.
Sportsbooks can temporarily suspend cash out options for a number of reasons, but it’s most commonly because of a significant occurrence in the match itself. Once the occurrence or action has been settled, the cash out option will reappear.
Yes, you can cash out football bets. In fact, football bets are the most commonly cashed out bets at online sportsbooks.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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