The cash out feature is an interesting one that many betting sites have embraced. By cash out, we mean that you are able to stop a betting slip for the sake of taking an early profit or controlling how much loss you are making. As you can see, the online betting cash out feature is highly desired by many users.
It is worth pointing out that the feature is not always available on every sportsbook. So, we decided to come up with a list of the top betting sites that offer this option. Let us go through the list together below.
You do not always have to wait for the natural conclusion of the bet before getting your money. That is why you have the option of cashing out from Bet365. The cashout option is available on selected events, markets, and fixtures. Such include soccer, tennis, basketball, and cricket.
Bet365 gives you cash out options such as partial cash out, auto cash out, and full cash out. Auto cash out will be a popular pick since you do not have to be around to do the manual cash out when it gets to a certain value.
Pros & Cons
Extensive betting market
Early Cash-out feature
Live In-play betting
No additional deposit or withdrawal fees
Welcome bonus for new players
24/7 Customer service support team
Highly responsive and navigable website
No dedicated VIP or Loyalty program for existing users
1XBET is definitely a popular gambling website right now. It makes gambling fun with its many offers and also options such as cash out options. So, it makes sense to consider the platform as it helps you control your winnings and mitigate your losses too.
You will simply have to look at the bet slips to see if the event is covered under cash out. Of course not all events have this option, so consider checking it out first before attempting to cash out.
Pros & Cons
Hundreds of sports markets for all kinds of sports
Poker room, casino, live casino, lotteries are available
Payment methods: credit cards, bank transfers, mobile payments, cryptocurrencies
Accounts can be created with just one click
Several bonuses, free bets and extra benefits for users
Support staff is responsive and caring 24/7
+60 languages including American and Australian English, Russian, Turkish
1xbet Is still not supported in the UK and North America
High wagering requirements for bonuses
Not all live events offer live streaming
Certain promotions are restricted depending on your location
22bet is another top bookmaker that allows punters to place bets as the game happens. The bookmaker offers a cash out option, giving you the chance to close your bet before the completion of the event. Punters can choose to cash out any time as the event happens and get part of their stake determined by the betting site.
22bet provides cash out for a wide range of sports and events like football, basketball, baseball, handball, cricket, ice hockey, and many more. To make cash out at 22bet, visit the betting site and login, fund your account, click sports and place bets on live or pre-match events, and find the “Sell” option in your bet slip to cashout.
Betfair is another consideration when you want to enjoy the cash out option. Most people would consider it if they want to collect a profit or simply cut your losses before it gets worse.
Betfair offers cash out options on sports such as tennis, horse racing, and football. All you have to do is click on the “Cash Out” button found on the bet slip.
It is amazing how Betfair can allow for partial cashout. You simply have to use the slider and pick the right amount you want to cash out.
Betfair also allows to cash out as many times as possible on a single bet.
Paddy Power also gives you the option of cashing out. The procedure is generally easy. It is quite detailed on the platform, so you should find it easy to complete the process.
What are the options available? Someone would ask. Well, the top options will be doing full cash out or partial cash out. Partial cash out means you can get some money back and let the bet slip run to its completion.
What if you cannot see cash out option? This will happen if the sport does not have the cash out feature. So, check each game first before trying to get cash out from it.
Pros & Cons
Low minimum deposit options
Great streaming platform
Dedicated customer support
Many promotional offers all year long
Platform heavily concentrated on UK and Irish markets
You also get the option of cash out on William Hill. The option is available on both the mobile and desktop versions of the platform. Well, as a nervous customer, you can use the cashout option to close the bet as early as possible.
All you have to do is pick a bet you have already placed and check if it has the cash out option. It will be boldly written on the bet slip, so it is hard to miss it.
William Hill has a clever algorithm that can workout the cash out value after the end of each event. So, expect it to vary throughout the events.
Pros & Cons
Extensive betting options
Over 80 years of global expertise in the betting market
Cash out options under Vbet will also help you get some profit or cut off your losses sooner. Well, a person would consider the cash out option if you want to get something in return. The platform offers options such as full and partial cash out.
The process to follow for the cash out is simple. Start by choosing the open bets and clicking on the dollar sign then opt for the cash out button.
The cash out option is available on selected events, markets, and fixtures. You would get it also available on tablet, mobile, and desktop.
The cash out may also have some country restrictions. Check with the company about it.
The cash out option is also available on the Pinnacle betting site. The cash out is based on the current game in play and also the completed games or events. It is for this reason, you can sometimes end up with more cash out value and sometimes lower.
Pinnacle used a clever algorithm for calculating the cash out. It includes dividing the potential winnings divided by current odds.
Pinnacle also comes with alternatives such as hedging. This is when you prefer letting the bets run their full course and countering your bet. Now that is hedging.
Pros & Cons
Ton of betting options for users
Massive amount of deposit and withdrawal options for users
20+ years of success
Doesn’t offer a mobile app
Lack of bonuses
No mobile application
Doesn’t offer a live chat feature for customer support
Marathonbet has a great layout that would help with betting on the best games you like. With the cash out option available, you are at least able to get something in return. Take note that only the selected bet types and markets would be eligible for a cash out option.
Marathonbet is like any other betting site where the cash out option is not always guaranteed. There are times it might be available and other times it would be unavailable. Also, sometimes the cash out option would be delayed because of frequent price fluctuations.
Betway is one of the top sportsbooks that also allows for cash out too. Some of the options under cash out is getting a portion of the payout or the complete payout indicated on the bet slip.
You will come across options such as single bets and multi-bet cashout. The cash out on multi bets is one of the best since you can earn more on the already completed events and games.
Take note that once you have chosen the cash out option, the initial bet will be considered complete and settled.
Bwin is home to multiple betting options and most of them may have the cash out option. This option will be applied to both single and multi bets. So, regardless of your bet, you are now able to reduce your risk or secure your winnings fast.
The cash out option will be easy to find from the platform website. Tap on the feature “mybet” to find the current running bets. You will see which of the bets have the option of cashing out. Once you have requested a cash out, you will receive a confirmation message showing you have completed the process.
Pick your favorite payment method to get money sent to you.
Pros & Cons
Licensed by renowned regulators
Has a welcome offer for new members
Fast registration process
Accepts several currency options
Offers globally recognized sports and betting markets
Sports bets come with competitive odds
Comes with a well-supplied online casino and poker room
Cash out means that you are guaranteed to get your money back at any time during the event or game you have bet on. You will not have to wait until the end to find out if you have won or lost the bet.
Bookmarkers enjoy offering this feature because they can capitalize on the emotional side of the players. However, if you play it right, you can still earn a good amount with the cash out option.
Well, humans tend to be fearful. In case they are uncertain what would happen, they will take the money available on the table. That is why most people may go for the cash out if the winnings are substantial already.
Emotions aside, a bettor knows that there is the flexibility of taking the cash offered. This kind of freedom is likely to win bettors over to a platform compared to a platform that does not have the option.
Cash Out Betting Example
You may need a proper guide to understand how it actually works. An example is when you stake $5 on Manchester United to beat Liverpool. Well, things go your way, and City scores in the first 25 minutes. The bookmaker may offer you a chance at this point to either take the current winning or leave the bet slip to run to completion.
Of course, the cash out amount is less than what you will get if the bet slip is left to go up to the end. Since the second option has the risk of losing money if Liverpool wins, some people might decide to take the first option of cashing out. However, most people want the full amount and will go the extra mile to let the bet slip run to completion.
Partial Cash Out
What is Partial Cash Out?
Any sport with the cash out option might have full and partial options. The partial cashout means that you are able to collect some winnings and leave the bet still running to a conclusion.
Partial Cash Out Betting Example
A good example is where the cashout page will have a slider where you vary the amount you want to cash out and what you want to leave as part of the bet. Let us say you have a cash out value of $100, you can use the slider to cash out $20 and leave the remainder to be part of the stake.
Auto Cash Out
The auto cash out means that the bets will automatically close in case the position is reached as set by the player. Here you get to choose a nominated profit level. So, you will not have to keep checking the cash out option to see if you hit the target.
An example is when you had a bet of $10 that the total goals will be over 2.5 and set the cash out to happen if the profit gets to $30 or higher. As such, so long as your running profit gets to the set amount, the bet slip is closed automatically.
Cash Out Betting Sites Sports Markets
What you may have noticed with the best betting sites above is that not all markets will have the cash out feature. Each sportsbook will have such limitations as they still have to make money to stay afloat.
So, take your time to check out the different markets that come with this feature. You may get that events such as football, hockey, soccer, and volleyball might be common across.
Conclusion
So far, you can see that betting sites with cash out options are quite popular. Well, such sportsbooks will always have more people trying them out since they are looking to earn quick money from each bet slip. Since not all events have this option, you should make sure that you pick your games to bet on carefully. You could also utilize the auto cash-out feature too to make your work easier.
FAQs
How are the cash out betting sites ranked?
We looked at how many markets the bookies offer with cashout, the odds, support team, sportsbook features, and if it is possible to cash out on a mobile device.
Will cash out be always available?
No. It depends on the bookie and the markets provided with the option. Also, sometimes the markets can still miss the feature even if they offered it before.
Can you cash out free bets?
The answer is no in most cases. Always check the terms and conditions of the free bet before accepting the free bet.
When should you cash out in betting?
The most obvious choice is when you believe you may lose a bet and you just want to get out with some cash from the potential winnings in case it was to run to the end.
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