Top Bookmakers

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Main

Founded: 2007
Official website: melbet
Licence: Curacao license No. 5536/JAZ
Apps:
Site language: AE, AZ, BY, BG +40
Phone: 7804-333-72-91
Email: info@melbet
Restricted countries:

Payments

Deposit: 1 EUR -
Conclusion:
Bookmaker`s commission: 0%
Account currency: BYN, USD, EUR, RUB, AED, AMD, AOA, ARS, AUD, AZN, BAM, BDT, BGN, BHD, BIF, BOB, BTS, BWP, CAD, CDF, CHF, CNY, COP, CVE, CZK, DGB, DKK, DOGE, DZD, EGP, ERN, ETB, GEL, GMD, GNF, HKD, HRK, HTG, IDR, INR, IQD, IRR, ISK, JPY, KES, KGS, KMF, KRW, KZT, LINK, LKR, LRD, LSL, LYD, MDL, MGA, MKD, MMK, MNT, MUR, MWK, MXN, MYR, MZN, NGN, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PRB, PYG, QAR, RON, RSD, RWF, SAR, SCR, SEK, SGD, SLL, SOS, SSP, SZL, THB, TJS, TMTM, TND, TRY, TRX, TWD, TZS, UAH, UGX, UGU, VND, XAF, XEM, XOF, XRP, ZAR, ZMV, ZWL, mBCH, mBT, mDASH, mETC, mETH, mLTC, mXMR, mZEC
Payment systems:

Betting

  • Min bet: 10 USD
  • Max bet: Varies
  • Margin
Football 4.7% Hockey 5.8% Tennis 4.3% Basketball 6.1%
Cybersport Yes Live betting Yes Live streaming No
Additional markets Horse racing, politics, esports and virtual sports.
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Main

Founded: 2001
Official website: betonline
Licence:
Apps:
Site language: EN
Phone: 1-888-426-3661
Email: cs@betonline
Restricted countries: AU, AF, CF, CG, ER, FR, GW, IR, IQ, LB, LY, CZ, MT, KR, PA, SO, SS, SO, SD, YE

Payments

Deposit: 20 USD - 100 000 USD
Conclusion: 20 USD - 100 000 USD
Bookmaker`s commission: 0%
Account currency: USD, BTC
Payment systems: Visa, Bitcoin, Mastercard, Amex, Discover +5
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Betting

  • Min bet: Varies
  • Max bet: Varies
  • Margin
Football 5% Hockey 5.5% Tennis 4.6% Basketball 4.7%
Cybersport Yes Live betting Yes Live streaming No
Additional markets Casino, poker
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50% Up to $1,000
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Main

Founded: 2002
Official website: sportsbetting
Licence: licensed and regulated by NT Government of Australia
Apps:
Site language: EN
Phone: 1-888-843-9027
Email: support@sportsbetting
Restricted countries: FR, MT, PA, UK, AU

Payments

Deposit: 25 USD
Conclusion: 20 USD - 10,000 USD
Bookmaker`s commission: 0%
Account currency: USD, BTC
Payment systems: Bank Transfer, Visa, Mastercard, Amex, Ethereum +5
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Betting

Football - Hockey - Tennis - Basketball -
Cybersport No Live betting Yes Live streaming No
Additional markets Horse racing, dog racing
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100% Up to $750
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Main

Founded: 2011
Official website: bovada
Licence: Kahnawake License
Apps:
Site language: EN, ZH, PT, ES
Phone: 1-888-263-0000
Email: service@bovada
Restricted countries: RU, UK, CA, CN, JP, FR, DE, RO, GR, GB, AU, IQ, BE, IT, PT, LT, CR, NI, NZ, CH, PH, IE

Payments

Deposit: min 10 USD
Conclusion: max 9 500 USD
Bookmaker`s commission: 0%
Account currency: EUR, GBP, USD, BTC
Payment systems: Visa, Mastercard, Bitcoin, Amex
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Betting

  • Min bet: 10 USD
  • Max bet: 9 500 USD
  • Margin
Football 5.8% Hockey 7% Tennis 5.3% Basketball 6.4%
Cybersport Yes Live betting Yes Live streaming No
Additional markets
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$25
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Main

Founded: 1994
Official website: parimatch
Licence: Curaçao eGaming License Validation 122693
Apps:
Site language: RU, EN
Phone: (ua) 0-800-210-410; (ru) 8-800-350-60-16; (by) 8-820-0011-0260; (md) 0-800-600-20; (ge) +995-32-2312131
Email: support@parimatch
Restricted countries:

Payments

Deposit: USD 10 - 5000, EUR 10 - 5000, AZN 5 - 5000, PLN 5 - 10000, MDL 50 - 65000, UZS 45000 - 9000000, KZT 50 - 500000, BYN 2.00 - 20000
Conclusion: USD 30 - ∞, EUR 20 - ∞, AZN 20 - ∞, MDL 100 - ∞, UZS 45 000 - ∞, KZT 1 300 - 500 000, BYN 6.00 - ∞
Bookmaker`s commission: 0%
Account currency: RUB, USD, EUR, AZN, PLN, MDL, UZS, KZT, BYN, UAH, TMT, TJS, µBTC,
Payment systems:

Betting

  • Min bet: 1 USD, 1 EUR, 3 UAH, 20 RUB, 0,5 GEL, 5 MDL, 0,5 PLN
  • Max bet:
  • Margin
Football 5% Hockey 9.7% Tennis 7.4% Basketball 11%
Cybersport Yes Live betting Yes Live streaming Yes
Additional markets
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Main

Founded: 1988
Official website: paddypower
Licence: licensed and regulated by the Malta Gaming Authority under Licence Number MGA/CRP/131/2006 (issued on 01 August 2018).
Apps:
Site language: EN
Phone: +35319050131
Email: support@paddypower
Restricted countries:

Payments

Deposit: 5 EUR - 5 000 EUR
Conclusion: 10 EUR - 5 000 EUR
Bookmaker`s commission: 0%
Account currency: USD, EUR, GBP
Payment systems: MasterCard, Maestro, VISA, Visa Electron, PayPal +4
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Betting

  • Min bet: 0,10 EUR
  • Max bet: Varies
  • Margin
Football 7.5% Hockey 5.5% Tennis 6% Basketball 6.7%
Cybersport Yes Live betting Yes Live streaming Yes
Additional markets Politics, media
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£20 Free Bet
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Main

Founded: 1886
Official website: ladbrokes
Licence: License of the Gibraltar Gambling Commission No. RGL 010, 012 & 044.
Apps:
Site language: EN, FR, NL
Phone: +44-208-866-4488
Email: support@ladbrokes
Restricted countries: FR, CA, TR, BE, AS, GB, MP, PR

Payments

Deposit: 5 EUR - 100 000 EUR
Conclusion: 5 EUR - 30 000 EUR
Bookmaker`s commission: 0%
Account currency: EUR, USD, GBP, AUD, CHF, NZD, NOK
Payment systems: Paysafecard, VISA, MasterCard, Maestro, NETELLER +2
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Betting

  • Min bet: 0,1 GBP
  • Max bet: Varies
  • Margin
Football 6.1% Hockey 4.1% Tennis 5.8% Basketball 4.2%
Cybersport Yes Live betting Yes Live streaming Yes
Additional markets show business, horse racing, politics, lotteries, culture, fishing and cyber football
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Main

Founded: 2001
Official website: partypoker
Licence: license to operate in Alderney, Austria, Bulgaria, Denmark, Eire Island, France, Germany, Greece (temporary), Gibraltar, Italy, Malta, Romania, Great Britain and the USA (New Jersey)
Apps:
Site language: RU, EN, DE, ES +5
Phone:
Email:
Restricted countries:

Payments

Deposit:
Conclusion:
Bookmaker`s commission: 0%
Account currency: EUR, GBP, USD
Payment systems:

Betting

  • Min bet: Varies
  • Max bet: Varies
  • Margin
Football - Hockey - Tennis - Basketball -
Cybersport No Live betting Yes Live streaming Yes
Additional markets Sport
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up to 100 GBP
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Main

Founded: 1974
Official website: bet365 com
Licence: Gibraltar license
Apps:
Site language: EN, BG, HU, EL +15
Phone: +441782684668
Email: support-eng@customerservices365
Restricted countries:

Payments

Deposit: 5 GBP, £5
Conclusion: 10 USD - 80 000 USD
Bookmaker`s commission: 0%
Account currency: ARS, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HUF, INR, ISK, JPY, MXN, NOK, NZ$, PLN, CNY, RON, SEK, THB, NT$, USD
Payment systems: MasterCard, Maestro, VISA, Visa Electron, AstroPay +2
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Betting

  • Min bet: 0,10 EUR
  • Max bet: Varies
  • Margin
Football 4% Hockey 6% Tennis 6% Basketball 5%
Cybersport Yes Live betting Yes Live streaming Yes
Additional markets Casino, poker
Reviews
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Main

Founded: 2004
Official website: dafabet
Licence: The Company is a British Virgin Island registered company (company registration number 528699) and whose registered office is located at Mill Mall Suite 6, Wickhams Cay 1, P.O. Box 3085, Road Town Tortola, British Virgin Islands.
Apps:
Site language: EN, ZH, VI, TH +7
Phone: +80074232274
Email: ensupport@dafabet
Restricted countries:

Payments

Deposit: от 15 USD
Conclusion: 15 USD - 100 000 USD
Bookmaker`s commission: 0%
Account currency: EUR, GBP, IDR, INR, KRW, MYR, PLN, RMB, RUB, THB, USD, VND
Payment systems: Skrill, NETELLER, Bank Transfer, Paysafecard
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Betting

Football 8% Hockey 6% Tennis 6.2% Basketball 7.4%
Cybersport No Live betting Yes Live streaming No
Additional markets

Never before has there been a means of settling a bet before its completion. However, things seem to have changed with the online platform making everything possible with a simple push of the button. Whether it’s cutting losses or trying to secure some winnings, now more than ever, cashing out is possible at almost every other online sports betting site.

Making sure that you wager at a good cash out betting site is important when deciding which bookie to go with since it can help to lock in some profit and minimize losses. When choosing an online betting site, among other things, a majority of bettors often look for the facility to cash out. Cashing out gives you more control since you have the advantage of collecting even before your bet wins. The money will still be yours after you’ve cashed out, even if your bet goes on to lose.

The online sports betting industry is one of the most profitable industries with bookmakers all over the world competing for customers. In order to attract customers to their site, among other things, many bookmakers are now offering the cash out feature. In this article, you’ll find a list of the very best cash out betting sites. We will also show you an example of cash out, the difference between partial cash out and auto cash out, pros and cons of cash out, and best sports for cash out betting, to mention but a few. But first, the best sites for cash out.

Top cash out sites

The following are some of the best bookmaker sites for cash out, especially for 2021. You need to note that we review each sportsbook on a regular basis and update our list accordingly. With that said, below are the best cash out sites.

Bet365

up to 100 GBP

As one of the world’s largest online sports betting sites, bet365 was one of the first bookmakers to roll out the cash out feature and it’s still one of the best to this day. If you’re looking for a big range of cash outs available, bet365 is the right bookmaker for you. It’s one of the few betting sites to offer their customers full cash out, partial cash out and auto cash out.

The cash out feature available at bet365 can be used on a huge range of single and multiple bets for both in-play markets and pre-match odds. They offer cash out mostly on cricket, football, horse racing, tennis and basketball among others. All this makes bet365 one of the best sportsbooks on the market for those looking to cash out early.

If you choose to wager at bet365, rest assured of a wide selection of cash out markets. There’s also the bet365 Auto Cash Out that will automatically cash you out if you preset a value. Bet365 has a few terms and conditions of cash out. For instance, the min odds, bet and payment method exclusions apply. Also returns exclude bet credits stake.

2.
Betfred

Betfred is another excellent bookmaker that has the cash out feature. Besides their free bets valid for days and other attractive bonuses, customers can cash out their bets early at Betfred and minimize their losses. Based on our in-depth review, we discovered Betfred’s cash out system to be satisfactory enough. With just a simple click on the cash out icon, you’ll have your funds in your account in less than a minute!

The process of cashing out at Betfred is simple and straightforward. First, you need to make sure that the cash out is available. Next go and open your bets on the bet slip. Thereafter, find your wager that you intend to cash out and see the return that the bookmaker offers you. After that, simply click on “Cash Out” if you are satisfied with the offer. Your cash out value will be transferred to your account immediately.

Betfred’s cash out system is available on a wide range of sports such as football, horse racing, basketball, golf, hockey, and rugby to mention but a few. Cashing out at Betfred is simple and easy, a big reason as to why we believe that this bookmaker is among the best betting sites with cash out feature and certainly the top place for players who like the feature.

3.
Betfair

€10

Betfair sportsbook is another top site that has both the partial cash out and auto cash out functionality, something that makes it one of the best bookies on the market with this system. They also have the cash out option on the exchange part of their site, a factor that sets them apart from their bookmaking rivals, meaning that bettors can lay off their bets and won’t have any bookmaker’s margins.

Another brilliant aspect of Betfair cash out is that the moment you request it, your cash out value hits your account almost immediately. Unlike other sites that take long to settle customer cash out requests, such isn’t the case at Betfair. You’d like to have your cash out funds within the shortest time possible. Such is what you get at Betfair.

The above is not all regarding Betfair’s cash out system. Betfair cash out runs in play on horse racing, meaning that instead of the market getting suspended the moment the race is underway, you’ll notice that there’s a faster refresh rate and live cash out updates during a race. Not so many bookies offer such a feature. However, at Betfair, you are able to enjoy live cash out updates when the race is underway and be able to cash out if you feel that your bet may not materialize.

4.
QuinnBet Read Review
QuinnBet

£25

Even though QuinnBet is one of those newly established sportsbooks, they are certainly one of the best in business based on several reasons. Besides their attractive welcome offers, attentive customer care, and a plethora of banking options, what makes this bookmaker to feature among the top bookies in business is their cash out feature.

Are you looking for cash out options? If your answer is yes, then QuinnBet is a solid choice in comparison with many of its competitors. There’s a clearly marked section in players’ account for all their cash out bets, and the moment you place a bet on the site, you’ll see 3 coins that mark as a symbol indicating that a bet qualifies for cash out.

At QuinnBet too, there’s a notification the moment your cash out is successful and, while other bookmakers seem to have more choices of cash out features, QuinnBet is ideal for players looking for a new bookmaker. No any other new bookmaker in business does quite well in terms of a faster cash out system than the one at QuinnBet.

5.
BetVictor Read Review
BetVictor

If you are on the lookout for cash out markets, then BetVictor is among one of the finest ones out there. Unlike other bookies that may have partial cash out only, such isn’t the case at BetVictor. This operator has both full and partial cash out available. While it might not be the most comprehensive in the world, BetVictor’s cash out is ideal for players looking for solid odds and cash out markets.

BetVictor’s cash out is available for a wide range of sports such as football, rugby, tennis, basketball, golf and horse racing. Their cash out system is highly effective and almost similar to the majority of bookmakers’ offerings, though the user experience on mobile is very good. At BetVictor, you are assured of a huge range of cash out for both pre match and in-play markets.

Specifically tailored for all players with accounts at BetVictor, their cash out feature is easy to find, and you can access cash out markets throughout the site quite easily. Just like plenty of other sites, there are some terms and conditions associated with cash out. For instance, there are no cash outs or repeated bets on the same outcome.

6.
Paddy Power Read Review
Paddy Power

€10 Free Bet

We cannot complete our list of the best bookmaker sites for cash out without mentioning Paddy Power. Paddy Power is one of the most respected and trusted online sports betting brands around the world. They offer their customers plenty of features, chief among them being the cash out feature. Paddy Power allows their clients to cash out in order to lock in a profit and minimize losses on the site.

Paddy Power have made it public how some of their customers have managed to use their cash out successfully, including one bettor who once stung them for over £80,000 by taking advantage of the cash out system. What’s even better is that the cash out button is clear to use. However, you need to be aware that there are a few events where you’ll be unable to cash out on, especially lower-league soccer or overseas games in obscure competitions.

Despite the above, you may want to be part of Paddy Power if you fancy the cash out feature so much. At Paddy Power, you have the option to cash out partially or in full if you so wish.

22Bet

100% Up to 122€

22Bet is among the top bookmakers sites for cash out, especially in 2021. This bookmaker targets some of the biggest games and sports, though they also offer one of the smoothest and easy to use cash out feature. Considering the fact that they are relatively new in the online sports betting scene, the range of cash out markets offered at 22Bet is just but impressive to say the least.

At 22Bet sportsbook, you can use the cash out icon before a match begins as well as during the game from your PC, desktop or your mobile app. In other words, they offer cash out both for pre-match and in-play events. Additionally, they offer cash out for a variety of events including football, tennis, cricket and rugby.

If you are looking for a super simple cash out on desktop, your personal computer or from your downloadable mobile app, look no further than 22Bet sportsbook. They are among the best cash out sportsbooks currently in business.

8.
888sport Read Review
888sport

$25 Free Bet

888sport is one of the most experienced online bookmakers having been in business for quite a long time. They boast of many customers from almost every corner of the globe. Plenty of online sports betting enthusiasts find 888sport their go-to sports betting site based on several reasons, one of which is the ability to cash out. At 888sport, you can cash out if you see that your bet may not win.

888sport has in place selected events in pre-match and in-play available for their cash out offer, as well as multiple and single bets that ensure it’s up to the standard of a majority of its competitors. It gets even better at 888sport with their massive amount of cash out markets across several sports. Player that choose to use 888sport mobile app can easily access the cash out from the app.

Besides 888sport free bets credited upon qualifying bet settlement, an initial bet that must be placed on any market, and their minimum stake of £10 at odds of 1.5, plenty of bettors prefer to wager at 888sport since they stand a chance of cashing out and locking in some profits.

Unibet

Another top sportsbook for cash out, Unibet is today home to more than a million customers globally. Bettors prefer to wager at Unibet based on a number of reasons such as strong banking options, a massive range of sports and markets to wager on, and several attractive bonuses and promotions to mention but a few. However, something else that attract customers at Unibet is the cash out feature.

Unibet sportsbook has cash out available on more than 20 pre-match football wagers, as well as in-play football and outright markets such as winner. Something ideal about Unibet is that their cash out system is very easy to use and almost identical to those of its closest competitors. Even though they haven’t been in the industry for long, they are offering stiff competition to established names, especially with their decent cash out system.

10.
Ladbrokes Read Review
Ladbrokes

£20 Free Bet

Ladbrokes has managed to earn its name as one of the best online bookmakers based on a number of reasons worth noting. For instance, new customers who wager £5 or currency equivalent get £20 or currency equivalent in free bets. Additionally, Ladbrokes allows their customers to place a minimum of first 5 bets within 14 days of account registration at min odds of 1.5. However, besides all this, bettors find Ladbrokes in ideal sports betting site due to their cash out feature.

First, the Ladbrokes app is exceptionally good for cash out and clearly displayed under the ‘My Bets’ section, something that makes it very easy to find. The cash out button/icon at Ladbrokes is greyed out when unavailable, something that really helps in avoiding confusion as to whether you have a cash out opportunity or not.

At Ladbrokes, you can cash out and minimize your losses when wagering on major sports such as football, rugby, cricket, tennis, and basketball.

11.
Betway

£10 Free Bet

Betway sportsbook is simply one of the best online sports betting platforms for cash out you’ll find anywhere in the globe. First off, there’s a massive range of markets across a huge range of sports. While this bookmaker is widely known among bettors, its cash out option is something that has eluded some players.

Betway’s icon to cash out is clearly marked in bright green, making it easy to find. The cash out is available on both multiple and single bets, along with different cash out options. If you so wish, you can fully cash out your bet, or go on to use the very handy partial cash out, something that enables you to leave part of your stake running.

12.
MansionBet Read Review
MansionBet

Even though MansionBet doesn’t boast of many customers compared to those of its competitors, nevertheless, they do quite well when it comes to everything to do with cash out. If you are looking for a good cash out service, you may want to consider the one you can find at MansionBet. This bookmaker offer their customers a chance to cash out their winnings in full or partially, with their services being highly reliable, especially during in-play wagers.

13.
William Hill Read Review
William Hill

Bet €10 Get €30

Lastly, we have William Hill. As one of the oldest bookmakers in the online sports betting scene, William Hill has gained a positive reputation based on plenty of reasons. For instance, within days of opening your account with them, you’ll be offered several bonuses and mouthwatering promotions such as free bets valid up to 7 days. You’ll also be able to wager on a massive range of sports and markets at some of the most competitive odds around.

Besides all the above, what makes William Hill a top bookmaker is its cash out system. William Hill offers full and partial cash out to its customers, with its partial cash out system being one of the best in the market. The cash out icon is clearly visible not forgetting that the slider for cash out is one of the easiest to use on both desktop and mobile.

So there you have it: some of the best bookmakers for cash out. Even though there are plenty of other sites that offer their customers a chance to cash out, the ones that you find featured in our list are some of the best by far.

Cash Out: What is it in detail?

Now that you are well aware of the best cash out bookmakers out there, one question remains: what exactly is cash out? Cash out is a situation where a bookie will offer you a chance to settle your wager before an event ends. As a sporting event goes on, bookies will constantly update your cash out price based on the chance of your wager winning. Such can be particularly beneficial, especially when backing accumulators with a number of different selections.

If the bet appears as if it will go on to win, the bookmaker will offer you a cash out value that’s very close to your original returns. However, if your bet looks like it will go on to lose, most of them will offer a lower value. The cash out option is an ideal feature for bettors since it means that they stand a chance of winning something as opposed to risking losing the wager fully.

Of importance to note, though, is that there’s a risk here. For instance, the risk is that you could choose to cash out and lose all your potential winnings if your bet was to win in the end. That’s the bad side of cash out. But if your bet was to lose and you cashed out early enough, you minimize your losses at a bookmaker of your choice.

An example of cash out

Do you still find it hard to understand the whole concept of cash out? If so, then we have a simple and clear example to help you better understand matters to do with cash out. Let’s assume that England is facing off with France in a football match. As a bettor, you go ahead and place a wager on England to beat France in 90 minutes, and they are up 1-0 up in the 85th minute. Here, bookmakers will calculate a cash out value and try to convince you to take the offer if you think France might equalize in the remaining five minutes of the match.

If you placed your bet at 5/1 with a £10 or currency equivalent stake, you would return £60 or currency equivalent, though the bookmakers may offer you a cash out of £35 or currency equivalent, which is lower, but 100% guaranteed should you take it. Cash out mostly happens during live events such as football, tennis, cricket, and rugby.

What’s partial cash out?

Partial cash out is an amazing tool for bettors since it gives them even more control over their in-play wagers, with most of the above sites having the best systems for this. With partial cash out, you are allowed by a bookmaker to select an amount of your bet that you wish to cash out while leaving the rest of your stake to run on until the event ends.

An example of this would be that you’ve placed a bet for Portugal to beat Germany in the Euros and Portugal are winning by 2-0, and at the same time, you have a cash out of £100 or currency equivalent. You may go ahead and decide to cash out a certain amount of that £100, for example, £20, and leave the other £80 to continue to run on your original wager.

For you as a bettor, you’ll find partial cash out ideal for you as it means that you are able to ensure that you have some winnings while at the same time keeping your original bet running, which could also win. Partial cash out takes away some of the risk.

Full Cash Out

Besides the partial cash out that you’ll find at plenty of online sports betting sites, there’s also the option to cash out in full. The standard practice for most bookies when it comes to their cash out feature has been to only offer a full cash out. With full cash out, it means that you stand a chance of receiving a suggested amount of money should you choose to close your bet. In most cases, it’s either all or nothing.

An example of a full cash out is a football bet where the team that you placed a bet on is 2-0 up at half time. If you placed a £10 before the match at 3/1 and let your bet stand, you would win £30 if the team that you are backing ends up winning the game. It’s as simple as that. Full cash out is ideal when the winning team is more than a goal up and the game is in its dying minutes.

What’s auto cash out?

Now that you are aware of partial cash out and full cash out, it’s time to familiarize yourself with another type of cash out known as the auto cash out. Bet365 is one of those sportsbooks that provide the option of auto cash out to their customers. But what’s auto cash out? Here, you can go ahead and create a request to cash out your wager automatically, something that takes away the burden of you having to be constantly watching your cash out value. The auto cash out feature is good for the user since the request applies even if you happen to be logged out of your account. Lately, an increasingly number of bettors seem to be using the auto cash out feature when placing their sports bets.

How to cash out

Based on our research, we’ve established that cash out systems on most online sports betting sites are the same. Most bookmakers will have a ‘My Bets’ section where all of a player’s open bets will be found. Here, a bettor will be able to see if the wager is eligible for cash out as it will indicate at the bottom of the bottom of the wager a cash out value. You can then go ahead and click on the cash out icon/button with the bet being settled and the amount going to your account.

Partial cash out tends to be slightly different in that as opposed to a cash out button, in most cases, there will be a bar for you to slide between the available cash out value. The moment you’ve decided on how much you want to cash out from the sportsbook, leave the bar on the number you’ve chosen and then click the cash out button.

When to cash out your bet

What’s the best time to cash out your bet? First, a number of factors may contribute to a player deciding the best time to cash out. Some punters will debate about the ideal time to cash out, but if you decide to follow a few simple rules, you’ll certainly make an informed decision.

The right time for you to cash out would be if you highly believe that your bet is not going to materialize and you have some cash out value. Therefore, if you have a bet on a soccer team, and they are losing and you think that they won’t be able to win, then certainly, cashing out might be the best option for you.

Also, there are times where your wager may be winning but there’s a small amount of time left in that match, with the opposing side constantly attacking. If you are worried that your bet may lose, you can go ahead and cash out to ensure that you are winning something as opposed to losing the entire bet.

You may also decide to cash out if you find that the value the bookmakers are offering you is sufficient. For example, if you had put £1 on an accumulator at 100/1 and your bookie is offering you a cash out of £70 with a single leg left to go, then it might be worth cashing out.

Decisions to do with cashing out or not go back to one of the main principles of sports betting which is having an idea of the sport that you are wagering on. If you place a bet on match in a tournament or league that you know nothing about, then you may not know the right time to cash out. To be on the safe side, you need to wager on a league with teams and players that you know.

The easiest way to know what’s happening with your bet is watching the event live, with many online bookies often showing some sporting events that broadcast television don’t show. That way, you’ll be able to make an informed decision as to whether you need to cash out or let your bet stand to the end of the match.

Reasons why cash out might be suspended

There are times when you may not to be able to cash out. At times cash out might be suspended for a while before its back. There are a few reasons as to why cash out are suspended at times. In most cases, though, cash out will be suspended when bookmakers are updating the odds of the market. It means that your cash out value is being re-worked out with the likelihood of your wager winning.

An example of a specific sporting event that may see your cash out facing suspension is something like a yellow card, a goal or substitution in a football match. You need to be aware that some bookies suspend the market, especially in the final few minutes of the match as they begin taking markets down with the match almost ending. At times, this can mean that cashing out is not available for stoppage.

Why is cash out unavailable?

There are times when cash out will be completely unavailable on your bet. In some markets, cash out won’t be available on, which may include bets such as the outright winners of tournaments or leagues. At times, it can also be the type of bet that lacks the cash out option, a good example being ante-post wagering in horse racing.

Advantages of Cash Out in Sports Betting

Cash out is to some extent a relatively new concept in the online sports betting world though it has been revolutionary nonetheless. It’s worth noting some advantages that come with cash out. The following are some of the advantages of cash out.

  • Faster access to a winning bet
  • Allows a bettor to minimize losses at a sports betting site
  • A huge variety of market means more odds and more options
  • Gives you a chance to place wagers as you see the matches unfold in front of your eyes
  • By cashing out, as a bettor, you can come back later to fight another day with some funds still left in your betting account
  • It’s simple and easy to use
  • It reduces luck as a factor
  • Ideal for securing big profits

Disadvantages of Cash Out

While cash out has its own advantages, unfortunately, there are a few notable disadvantages that accompany cash out. The harsh reality is that even some of the best betting sites with cash out profit from the feature. Listed below are the disadvantages of cash out.

  • Some people argue that cash out takes the value of a bettor’s original bet with the original stake not returned as a consolation
  • Fluctuations in a player’s potential returns may differ widely between sports betting sites, markets and matches
  • As the chance of players’ bet winning become less likely, so do their potential returns cashback
  • Many sports betting sites with cash out have several bonuses and promotions. However, most of them exclude bets that players cashed out from promos.

Best Sporting Events for Cash Out Betting

Some sports are better than others are when it comes to taking advantage of cash out. This is for a number of reasons, including the fact that online bookies offer this feature mostly for the biggest tournaments and leagues. The following are suggestions for some of the best sports for using cash out.

Football is a popular sports that almost every other online betting site with cash out cover, at least when it comes to major leagues. A primary reason as to why you should think about using this feature is based on the low-scoring nature of football. Last goals and last-minute drama are a big part of football, and losing a wager at the last minute can be painful. However, cash out feature can prevent that.

Basketball, especially the NBA is a league full of twists and turns and as a bettor, you need to know that no lead is actually safe. We often see swings of 20 or even 25 points within the last quarter alone, and losing a bet that looked like a certain winner at some point is a common occurrence. You avoid that by taking advantage of cash out early wagering sites.

Any individual sport may witness some amazing comebacks and tennis is probably an apt example of such a sport. Even in a single match such as women’s tournaments, players go through ups and downs due to weaker serves. A player may have a bunch of match up points but still go on to lose should s/he fail to convert them. That’s the reason as to why closing the wager early is always the smartest decision.

Apart from football, basketball and tennis, other sports that are ideal for cash out include UFC/MMA, boxing, golf, cricket, American football, ice hockey, and horse racing.

Final Thoughts

Cash out can be a meaningful tool, especially in the hands of an experienced online sports betting enthusiast. Even though the cash out feature is a relatively new addition to the online sports betting landscape, nonetheless, it has turned out to become hugely popular with bookies and bettors alike. At times, events will go in your favor and you’ll cash out at the right time. But at times, they won’t and you may end up with a small loss. A few aspects about cash out tend to be certain –that’s part of the joy of this feature. What’s for sure, though, is that cash out seems to have brought changes to online sports betting and introduced a whole dynamic of sports betting that help bettors enjoy their passions more than ever before. Most importantly, though, remember to please gamble responsibly.

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