This guide is here to tell you how to cash out at a betting site. So that whether you are looking to cash out your bets early or know what your withdrawal options are, you’ll know exactly what to do.
Here you will get to see those betting sites who let you make secure, fast and flexible withdrawals with a variety of payment methods. Plus we’ll examine which sportsbooks let you settle your bet early so that you can cling onto a win regardless of what happens later in the game.
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It’s important to note that different people understand different things by the phrase ‘cash out’ when it comes to online sports betting. Here are the two main interpretations:
This is perhaps the most common interpretation and it refers to making a withdrawal of your winnings from sports betting sites.
More and more sports betting sites will now let you settle your bets before the game has actually concluded. This means that you can walk away with a win regardless of what actually happens later on.
New betting sites offer diverse cash out options to give sports bettors greater control of their bets. If you suddenly lose confidence about a bet you’ve just placed, this function allows you to remove your wager before the match concludes. This way you get a slightly smaller return on your stake. Let’s take an example of how this could work:
By doing this, you would have a winning bet even though the Raptors lost. Your returns wouldn’t be as impressive compared to staying in for the duration, but some wins are better than none.
Partial and auto cash out are popular types of cash-out features you'll find at sportsbooks. However, they do not work the same way. Keep reading as we explore the differences between both and when to use them.
This lets you cash out a part of your bet, while you leave the remainder running. It is a recommended option if you are uncertain about the outcome of a match and want to secure a win without exiting the market entirely.
Here, you set a value in advance so that the system automatically cashes out your bet when the cash out offer reaches the set amount. It is an excellent option if you don't have time to watch the game yourself and want to limit your losses without being present.
Lots of sports betting sites will now let you cash your bets out early in a variety of different ways. Here are just some of the most common:
| Bet type | What it means |
|---|---|
| Single bet cash out | Settle your single bet early before the game has finished |
| Multiple bet cash out | Make a return on part of your selections even if one may lose |
| Partial cash out | Cash out a percentage of your stake |
| Auto cash out | Cash out at a specified moment |
Now that you know the different ways to cash out, let's explore some practical examples of each one.
You bet $100 on Liverpool to beat Man City at odds of 2.00. At halftime, the score is 1-0 with Liverpool in the lead. The operator gives you the option to cash out $150 early before the start of the second half.
You wager $50 on a 4-leg parlay as follows:
The first three matches have been played with your backed team winning. However, the operator offers you the option to cash out $130 before the last game takes place. If you take this early cash out betting offer, you secure a guaranteed payout, as opposed to Barcelona losing the match and leaving you with $0.
You place a $100 wager on Arsenal to beat Manchester United at odds of 2.0. At halftime, Arsenal is leading by 3-1, and you get a cash out offer of $150. Instead, you choose to partially cash out $75 and leave the rest to keep running. If Arsenal eventually wins, you get extra from the bet you kept running. But if they lose, you already cashed out $75, which is yours to keep regardless.
In this case, you wager $70 on Real Madrid to win at odds of 2.0 and set the auto cash out at $140. Real Madrid scores two goals, and the cash out offer reaches $140. The platform will then automatically cash out your bet without you having to do anything or monitor the match.
The return on your bet depends on the original price of the bet and how the match is progressing at the time you request the cash out. So, the perfect time to tap out is when you’re sure that the early payout is a better deal than waiting for the final result.
For instance, if your football team is leading by a goal but you feel that the opponent is gaining ground, this may be a good time to cut loose and enjoy a decent sportsbook payout. Another scenario for a cash out is when your treble has landed two legs, but your third selection seems to be struggling.
While there are now tons of the best betting sites with cash out options, using the function is not always a great idea. Quite a few sports bettors tend to panic for no apparent reason and rush to hit the cash out button to feel safe. However, you should not consider cashing when it's too early to tell whether your team has an advantage or not. Also, do not cash out when the match has progressed significantly and your team still has a winning chance.
Below are a few practical scenarios involving cash outs.
So, let's assume you place a wager on Chelsea to win the friendly matchup against Manchester United. At halftime, Chelsea is leading by 1-0, but the goal was a lucky one, and they’ve struggled with possession all match. Manchester United, on the other hand, seems to be in peak condition and appears to be well-positioned to take the lead in the second half.
At this point, the platform might give you a chance to cash out, say $250 instead of your initial expected payout of $300. If you are not sure that the second half may go the way of your team, and your instincts tell you that a comeback is near, taking the offer might be worth it. Going for the cash out allows you to secure your win now, instead of Manchester United taking the lead in the second half and leaving your bet ending in a loss.
Let's use a match between Chelsea(favorite) and Manchester United(underdog). You place a wager on Chelsea to win, and they seemed to be doing fine and leading by 2-0 at the 50th minute. But suddenly, Manchester United gets awarded a penalty and scores, bringing the score to 2-1.
This gives them some momentum, and they begin to play more aggressively until the score is 2-2. The match has not ended yet, but things don't look too good for the favorite as they are struggling to keep up. At this point, the sportsbook may now give you a cash out offer is now $100 for the favorite to win, as opposed to the initial $250. You decide to take the offer instead of risking it and hoping the favorite will win since the momentum has changed.
You bet on the Lakers with $100 for a win potential of $300 to win the game against the Bulls. However, you are 10 minutes into the fourth quarter, and the score is tied. Worse still, the Bulls seem to be going hard for the win. In contrast, your team is starting to lose momentum and appears to be on the verge of losing.
Cash out option
You get an offer to cash out $80 early since this is an unpredictable match, and your team could draw or lose the game. Taking the offer might be a great idea instead of losing your stake entirely while hoping for a win.
The best sports betting sites with cash out try by all means to create a logical user interface that makes using the feature a simple sweep. You must, however, take note that the feature is not always available. Here's a step-by-step guide to complete this process on Bet365.
There are different types of bettors on sportsbooks today. Knowing where you belong, along with your risk level, will be key to determining the right cash out betting strategy for you. Here’s a breakdown of the major types of bettors and their risk levels.
These are bettors who value smaller wins and low-risk wagers over higher-risk, more rewarding outcomes. While they might sometimes be beginners, many experienced bettors also use this strategy to extend their bankroll.
Yes, since your goal is to keep wins more consistent and not to chase large payouts. The Cash Out option will help secure your wins and reduce losses, thus helping you achieve this goal.
Players in this category are after the best sportsbook promotions. Their goal is to place small wagers and channel energy into getting the best value for bonuses.
No, cashing out might not be beneficial for you. It usually voids bonus terms in most cases, leading you to forfeit bonus winnings. If you want to achieve your objective of getting the most valuable bonuses, cashing out should be your last option.
These are bettors who rely on mathematics and calculations to wager on different sportsbooks to secure a win. Arbitrage bettors rely on the odds differences and will place bets regardless of the outcome.
No, cashing out might add a new level of risk, thus disrupting your calculation.
As sports betting fans, we're all looking for good value, but not all cash out betting sites are the same. There are a few features that can really add shine to the wagering experience for sports bettors, such as deposit methods, some of which you'll likely find more important than others. The following points are all worth considering when selecting a sports betting site offering a cash out feature.
Clearly, the best sports betting sites are the ones that offer greater odds. A higher price on a specific event simply means that you get to make better profits. Therefore, a sports betting brand with competitive odds gives you a generally more profitable betting experience in the long term. And even if you decide to cash out early, the return will be quite sizable.
Technology is our friend when it comes to online sports betting, so look out for sites offering sophisticated tools to keep track of bets and aid cash out decisions. You might find Auto Cash Out is a feature you could make good use of, allowing you to manage bets with little effort. Push notificatons for prevailing odds is another handy resource worth watching out for.
Cash out betting sites need to be easy to use - complicated registration forms and obscure navigation only serve to detract from the overall sports betting experience, so we steer well clear of them here at SportsGambler. Our rigorous testing processes are designed to help us identify the payout sportsbooks that have been developed with the end user in mind. From easy identification of sports and markets through clearly-displayed odds, check that your preferred site presents information in a way that aligns with your preferences.
In addition to easy cash out options and a multitude of deposit methods, a great online payout sportsbook must offer attractive signup bonus bets to add extra value to your initial sports betting experience. But not all offers turn out to be quite what they seem - watch out for unachievable playthrough requirements for example, or obscure terms that make it almost impossible to benefit from the bonus bets.
Last but not least, you have to make sure that your sports gambling sessions are safe and secure, with a valid operating license. The brand must also have a great track record for good customer service. And there has to be a strong privacy policy to ensure that all the sensitive data you share on the platform is encrypted and handled with due care. The most credible betting sites with cash out must also support reputed payment methods to keep your funds safe.
Here is a look at some of a few betting sites with cash out features and the options available.
| Site | Partial Cash Out | Auto Cash Out | Pre-Match Cash Out | In-Play Cash Out | Notes |
|---|---|---|---|---|---|
| Stake | Yes(Manual Only) | No | Yes | Yes | Available on selected sports markets |
| Roobet | No | No | Yes, with limited availability | Yes, with limited availability | Limited to some sports events. Not as many options as Stake.com |
| Bet365 | Yes | Yes | Yes | Yes | Well-rounded platform with coverage for different types of cash outs |
The good news is that most sports betting sites will give you plenty of choice over how you can cash out your bets early. Here are just some of the ways that you can enjoy doing this:
The best betting sites with cash out support almost every major sport you can think of. Typically, most payout sportsbooks will allow cash out on win bets for football, hockey, tennis, cricket and most other disciplines.
You will also be able to pull the trigger on other bets such as handicaps, totals over/under, and Both Teams to Score for soccer. Cash out supports specific bets like Total Rounds on boxing matches or Total Match Sixes for cricket.
However, some events and betting markets may be ineligible for early cash out. You will have to check the terms and conditions or ask customer support about the availability of the feature on specific bets.
The most common limitation is regarding bonus related bets. This is because the stake on bonus bets cannot be returned, even when the final result is in. Some sportsbooks will not allow you to cash out a player prop or your customized bet builder wagers. Other restricted markets include boosted odds, and each way bets on horses.
Most live betting sites will present you with a chance to collect your winnings early. And if your team is losing advantage, you may get a chance to salvage part of your stake and hence evade a total wipeout.
Whether cash out betting sites are completely new for you, or you've already tried the feature, the following tips are worth considering. Although they're designed to help you make more informed decisions, success is never guaranteed, so remember to only wager using money that you can afford to lose.
The first step is to find the best sports betting app that supports cash out on all your favorite sports with a variety of markets and decent odds. The idea is to find general value. You must also verify that the operator is duly licensed to offer sports betting and has your preferred withdrawal methods.
Make sure you understand how and when to use the cash out feature. Although these sites have their advantages, you'll make less return with an early payout. Therefore, be aware that cashing out isn’t always the right move. Do not use the feature when your bet is close to the finish line. Here are some other instances where cashing out might not be the best option:
Start with smaller wagers using a reputable deposit method to understand how the cash out function really works. With a few errors, you can learn to improve your decision-making process. Also, start with single bets on a sport that’s easy to follow, like soccer. After some time, you will have a better chance of racking good returns from betting sites with cash out.
Be sure to follow the game closely. Watch a live stream of the match, paying attention to intricacies such as ball possession in soccer or the number of aces by a particular player in tennis. This could help you react more accurately and cash out at the perfect moment.
Cashing out can, to an extent, help you salvage your funds but it is also important to have a budget when you undertake sports gambling. So, always stick to a specific spend and only use your preferred payment methods.
Cash out and withdrawals are terms that have to do with taking money from the sportsbook. They might even be sometimes used interchangeably by some bettors, but they are not the same. It is important to know how they both work and their differences, to avoid mistakes while betting. Keep reading as we explore both.
Cash out is a feature that lets you settle a bet that’s ongoing or before the event takes place using the current odds. In this situation, the sportsbook offers you an amount based on the real-time value of your wager. You can choose to accept the offer to minimize your losses.
Withdrawal is sometimes known as payout or cashout. However, it is the transfer of real cash that you have accumulated in winnings to your account. This can’t happen pre-game and is usually after settling your bets. What's more, funds must have been added to your betting balance before you can request a withdrawal.
Unlike the cash out feature, withdrawals might come with processing times and require you to complete a verification process. In most instances, you'll find withdrawal methods like credit/debit cards, e-wallets, and cryptocurrencies.
| Features | Cash Out | Withdrawal |
|---|---|---|
| What is it used for? | A sportsbook feature that lets you clear bets early | A way of transferring your winnings to a real money account |
| When can you use it? | When a bet is ongoing or before it starts | After your bets have been settled and the winnings have been sent to your account |
| What’s the goal? | Lock in a win or minimize losses | Get your winnings into your real money account |
| Manual or Automatic? | Manual except when using Auto cash out | Manual. The bettor must initiate the withdrawal process |
We’ve shown you that online sports betting has been made much more enjoyable as a result of the early cash out feature. After all, it gives you so much more flexibility and control over your bets.
Plus there is the fact that you can make a secure and speedy cash out of your winnings via a range of trusted payment methods. So be sure to sign up to any of our recommended sports betting sites, get your bonus bets and prepare to make your first cash out.
In most cases, no. When you get a bonus bet, just as with a casino bonus, the stake is not returned even when you wait for the bet to conclude. Therefore, you cannot request a cash out for this bet.
Yes, there are plenty of betting apps where you can cash out before the match is over. In fact, today, all bookmakers either have a downloadable app or a mobile site to give players on-the-go access.
Cashing out your bet early allows you to avoid losses. Basically, you are getting the opportunity to change your mind about your selection and save part of your stake or the full amount.
The best betting sites with cash out will typically credit your account as soon as you tick the option and confirm your request from your bet slip.
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