What is Cash Out in Betting and How to Use It?

What does it mean ‘cash out’ in sports betting?

Cash Out (aka Buy Out) is a feature that lets you bail out of your bet before it’s too late and take a cut of your potential winnings based on the current odds.

Goal?

You can use it to secure some profit or limit some loss as the game twists and turns.

What bets can be cash out?

Cash out is only available on selected events (set by a bookie), fixtures and markets, both pre-match and live, for both singles and parlays (if each leg is eligible), as long as it meets the criteria of your bookie.

Price?

Cash out at bookies works by giving you a new offer for your bet based on the live odds and the chance of your bet winning. The offer can be higher or lower than your original stake, depending on how your bet is doing at that moment.

Change in cashout amount at Stake

How to Take Control of Your Bets

To use cash out, you need to look for the cash out logo in your bet slip or check “My Bets” for it. You will see the current offer, and you can choose to take it or leave it. If you take it, your bet will be settled and the amount will be added to your balance.

Types of Cash Out

• Full cash out: Bail out of your entire bet and end it for good. This is the easiest and most popular type of cash out.
• Partial cash out: Keep some money in the game and cash out the rest. This way, you can lock in some profit or cut some loss while still having a shot at more winnings.
• Auto cash out: Set a target for your cash out value and let it happen automatically when it hits or exceeds that amount. This way, you can sit back and relax and get the best deal possible.

Why You Can’t Cash Out Sometimes

Cash out may not be available for various reasons, such as:

• Game changer: The bookie may suspend the market temporarily due to a major event in the game (like a goal, a penalty, a red card). This affects the odds, so you have to wait until the market reopens.
• Technical glitch: The bookie may have some technical issues that stop them from updating the odds and the cash out offer. This could be because of a connection error, a system failure, or a data delay.
• Bet settlement: The bookie may settle your bet before the event ends, either because the outcome is already decided or because of an error.

Note: Cashout available for any sport, but not all bookies have the feature itself, and not all bets qualify for it.

Pros and Cons of Cash Out Option

FAQ