Cash Out Betting Sites

Cash Out Betting Sites Explained

Cash out betting sites give bettors the option of settling their bets before the end of the match, race or competition. How much you earn – or, in some cases, lose – from cashing out depends on the updated probability of your initial bet coming through. Say, for example, that you’ve bet on Spurs to beat Arsenal, and they’re winning 2-1 with 10 minutes to go but you’re not sure they’re going to hold on, you can cash out at a generous fraction of what you would’ve won had you waited for the game to finish.

Of course, there’s always a frustrating chance that your initial bet ends up being right, but conversely you may find that cashing out has won you a bet you would’ve lost had you stuck to your guns. It’s situations like this that make cash out betting sites some of the most fun in the world of online gambling.

Another scenario in which cashing out is a useful tool is if you instantly regret your bet, because then you can simply cash out, often receiving back most if not all of your initial stake. Obviously, if the team you’ve bet on have already conceded, you will receive back a lot less than your original stake, but it will still soften your losses.

If you like the sound of that, read on to review and compare the best cash out betting sites and bonuses with Gambling Deals.

How To Use Cash Out Betting Sites

There are tonnes of top bookies out there now offering cash out options. To cash out your bets, all you have to do is press the cash out button beneath the relevant bet on your betslip. You will see that you can cash out your bet as soon as you have placed it. At first, you will have to take a tiny loss to cash out your bet, but once the action starts the cash out amount will follow the pattern of the game.

If you’re team starts on the front foot then you will likely see that your cash out amount is higher than your stake. From there, if your team scores an early goal then your cash out figure will jump. If your team has gone 3-0 up by half time then the tie is effectively over and you can use the cash out feature to secure your funds and move on. All the top cash out betting sites will give you the ability to cash out up until the final whistle.

Partial Cash Out Betting Sites

Some betting sites now offer partial cash out. This means that you can cash out some of your bet without closing the entire amount. For example, if you’ve placed a £10 bet at 5/1 on your team to get an away win and they’re leading at half time, a partial cash out will give you the ability to cash out some of the bet without settling it. That way, you can take away your risk but keep the potential of walking home with a profit.

Full cash out is much more common and means by cashing out you close the bet. You might take £25 of the £50 total winnings if you cash out at half time. Still not a bad return for 45 minutes of action.

When To Cash Out Your Bet

Knowing when to cash out is a tricky one. Cash out betting sites generally profit from users settling their bets early, as bettors frequently cash out on winning bets. There are few things more frustrating in online betting than cashing out with five minutes to go only to watch the team you’ve backed nab a winner in stoppage time.

That said, it goes both ways, and a perfectly timed cash out is extremely satisfying. The best thing you can do is watch closely for any changes in momentum or fatigue, and make an intuitive judgement call. At the end of the day, it’s all up to chance, so we recommend that you go with your gut. Remember, though, that cashing out is always the safer option.

Cashing Out On Accumulators

Cash out betting sites are especially useful for accas. If you’ve bet on five results and four of them have come in, then everything is riding on that last fixture. This is naturally a stressful situation, but your cash out will be a lucrative one, and you can take your time to make the decision. If you’re not feeling it, cash out and lock in your profits. That’s always a sweet feeling when the team you bet on then goes on to lose 3-0.

Note also that the best cash out bookies will provide Acca Insurance, which means that if one of the legs of your acca doesn’t come through, you will have your stake returned to you as free bets, so in that case it might be worth holding on instead of cashing out.  If you wanted to reinvest those free bets, however, be aware that most betting sites won’t allow you to cash out on free bets.

Whatever your cash out strategy, make sure that you bet responsibly and always remain mindful of when to cut your losses. Don’t throw good bets away by not cashing out at the right time.

Football Betting Sites with Cash Out

Almost every football betting site will allow you to cash out. The best football betting sites will offer cash out options on all major leagues and tournaments – from the Premier League and La Liga to the Champions League and World Cup. These competitions produce some of the most exciting, momentum-shifting fixtures in the world of sports, providing ample opportunity for both lucrative and extremely frustrating cash outs.

The best things to bet on with a view to cashing out are result betting and over/under goal markets. On the other hand, markets like first goalscorer aren’t well-suited for cashing out, as your odds aren’t likely to fluctuate and the bet can be over in the first five minutes.

Looking For Something A Bit Different?

Here at Gambling Deals, we don’t only focus on the latest betting offers. We also show you the very best new slot sites and online casinos. We do our best to pull in the very best casino offers from around the UK. Ensuring that you find the best sign up bonuses possible. Head over to our casino section and check it out for yourself.

References

• begambleaware.org – ‘Advice for safer gambling’
• gamblingcommission.gov.uk – ‘I can’t cash out on a bet’