The table below shows you all the best bookmakers that support a Cash Out feature in their sportsbook. See which betting sites allow you to close your bet or sell it back to the bookmaker before the end of the sports event.
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What is Cash Out and why is this feature so popular?
Do not mistake the Cash-Out option in sports with the term some punting sites use for withdrawals. What we look at are bookmakers that allow punters to cash out their bets either pre-match or in-play. Thus, they close their wagers before the end of the match by selling their betslip back. Some bookies call this feature different names, such as “Sell your Betslip” or “Bet Insurance”, but they all refer to the cash-out function.
Cash out allows bettors to close their bet earlier without waiting until the end to see whether their selection is winning or not. By cashing out, players can secure a small profit should the match take an unexpected turn. Even without a profit, a cash-out feature can be helpful for bettors so much so as they can save their stake at the very least. Thus, this option can let you insure your bet in a way that can guarantee a risk-free situation no matter how the sporting event progresses.
How many types of Cash Out do bookmakers support?
Betting sites that feature Cash-Out do not differ much from one another in regards to this option. The sum that you are allowed to cash out depends on the same various factors. Some of these are your loyalty level, the amount of your stake, the winning odds, and so on. However, what may be different when betting on one bookmaker’s site or another is the Cash Out option itself. Usually, there are several variants of this function. The three below are the most common ones.
- Standard Cashout – will allow you to close your bet in full when the option is active on your slip. Sell your wager back to the bookie and the game ends for you here.
- Partial Cashout – will enable you to be in control of the process. It is up to you to decide how much money to cash out of your bet, and how much money to keep in your stake. Thus, you can remain in the game to the very end and still have a chance to score a win.
- Automatic Cashout – is perfect for punters who are too busy to follow the dynamic odds and the progress of the in-play matches. Instead of waiting for the right moment to get out of the game with a profit, you can set an automatic cash-out. Choose a sum you deem fit, and as soon as the bookie is ready to buy your slip for the set amount, you bet will close automatically.
Do bookmakers offer Cash-Out for mobile betting?
There isn’t a bookmaker that hasn’t developed an optimised mobile version of their site or a stand-alone app for iOS/Android. Therefore, you shouldn’t worry if you want to bet on sports via your mobile while having a feature like CashOut on your side. Rarely will bookmakers with apps be missing a cash-out on their mobile portal while they have the feature on their desktop version. And yet, we suggest you do your research. Ask the support to make sure that Cash-Out will be available on your mobile device as well. That way, you will get the most accurate and up-to-date information.
Are bookmakers with Cash Out better?
It is hard to compare bookmakers just by one sports-betting feature. Still, an honest look into the bookies with cash-out will prove that betting sites with this offer excel compared to those who don’t support it. The mere fact that an operator supports cash-out speaks volumes of the quality of the brand. Undoubtedly, this is a bookmaker you can rely on. Other featured, you need to be on the lookout for when comparing bookies include bet builder, edit a bet, and live streaming to name but a few. Make sure to check them out as these are the sure signs of a betting site worth your time and money!