What Does it Mean to Cash Out a Bet?
Have you ever found yourself seven games into an eight game accumulator where all of your results have come in so far, but you’re a little bit nervous about the final game? Or perhaps your football team is 40-38 up in the final quarter and you can’t bear to rely on their defence to hold out against another touchdown?
What if your bookmaker could offer you an opportunity to take a portion of the money and run at this point? You’d be able to get some cash in the bag and breathe a massive sigh of relief, even if that final game didn’t come in or the opposition hit a last minute field goal.
That’s exactly what cash out is.
Your cash out value is a constantly changing offer from your online bookmaker to settle your bet early.
It’s never going to be as high as the initial winning offer from the bet, but if the bet is all but settled, it will be very close.
Cash out hasn’t actually been around for that long.
It was invented by Betfair just five years ago in 2016, and as you can imagine, it didn’t take long for the competition to incorporate their own versions of the technology into their own sites. And the rest, as they say, is history. Now, all the
best bookmakers online
will offer cash out to some extent.
How Does Cash Out Work?
It might seem like magic, but cash out actually involves a very complex set of code that
constantly analyzes the likelihood of your bet coming in or not
and offers you an always-fluctuating price based on that. This is something the best online betting sites with cash out have implemented and we'll explain exactly how this feature works now.
For example, imagine you’re doing some
Formula 1 betting. Lewis Hamilton has just overtaken Max Verstappen in the dying laps of the race, and Verstappen’s tires are cooked. Now, the cash out values are going to have switched dramatically.
If you had a bet on Lewis Hamilton to win the race, the value of your cash out will have just increased tenfold. On the flip side, any bets for Verstappen are effectively off, so you might as well be taking the few cents you’re being offered right now. That’s the beauty of the cash out.
How to Find the Best Betting Sites with Cash Out
Different bookies will integrate cash out slightly differently onto their sites, and there are several more variables at play when it comes to deciding which are the best cash out betting sites. We analyze all of these closely when we decide on our favorites, and we recommend that you do the same as well! This list is, of course, subject to change at any time as welcome bonuses are constantly changing, new names are being introduced to the betting scene at any time and bookies are constantly updating their sites which could mean better cash out versatility. However, these are a good place to get started - let’s check them out!
Stake - Take full control of your bets with cash out
Pros & Cons
- 500,000 betting events annually
- Super fast withdrawals
- 24/7 customer service
- Limited international markets
A firm favorite with sports fans, Stake holds top spot as one of the best cash out betting sites we've reviewed. With it's user-friendly design, Stake allow users to secure a portion of their winnings before the event concludes. The actual process of cashing out is simple, with a couple of clicks needed on the bet slip during the game. Although not all markets have the option for cash out, Stake make it clear when the option is available.
One potential drawback is that Stake’s cash out option may not cover as many sports or markets as other sportsbooks, however when you weigh this up with some of Stake's highlights, it's not a huge issue. In terms of bonuses and offers, Stake always deliver, although it should be noted that cash out options are not usually available on any bets made using a bonus. With super fast withdrawals and great customer service, the cash out feature only adds to their attraction and overall we think Stake really delivers in this area.
20Bet - Simple and versatile cash out options
Pros & Cons
- Attractive bonuses
- Niche sports are available
- Easy to use cash out feature
- Cash out timing can be limited
If users are looking for an easy to use betting site which offers cash outs on a wide range of markets, 20Bet is a great sportsbook to consider. Their simple cash out feature allows bettors to lock in profits or cut losses before an event finishes. To cash out, simply visit the bet slip or live betting section, where a cash out button will appear for eligible bets. Users will find this feature available for a wide variety of markets, and even some niche sports such as table tennis, though it should be noted that not all of them are covered.
While convenient, 20Bet’s cash-out option doesn’t offer as much flexibility as some leading sportsbooks and the timing for cash outs does vary, meaning some opportunities can be limited. Although, with very competitive odds and some generous bonuses on offer, we think 20Bet is certainly worth checking out.
BC.Game - Seamless cash out system giving you more freedom
Pros & Cons
- Dynamic live betting
- Minor sports featured
- Generous bonuses
Flexible and user-friendly are words that could describe BC.Game, which is why it falls in our top 5 betting sites with the cash out feature. And the feature is easy to access during live betting, letting users secure some profits when its going well, and skip out the bet for some cash when it's not. While it covers a variety of markets, not all bets have the cash out option. However, this is a similar theme to other platforms so not something we can hold against it. We always advise checking ahead if this is essential for your bet.
Compared to the top cash out betting sites, BC.Game's cash out process is competitive and provides a convenient and straightforward experience. With competitive bonuses and promotions, minor sports available and a range of payment methods accepted across the sportsbook, BC.Game is a definite contender.
Vave - Perfect for strategic bettors
Pros & Cons
- Easy to use site
- Modern user interface
- Generous welcome bonuses
A fairly new sportsbook on the scene, Vave offers users a smooth and straightforward cash out feature, meaning your bets are easy to manage in real time. Not only does the modern site give users a seamless experience, the cash out process can be accessed by heading to your active bets and selecting the cash out option. Simple as that! No more panic navigating multiple sections of a site when you're in a hurry. Vave offer both full and partial cash out options, great for strategic bettors looking for flexible options.
While not all markets and sports support cash out, we found most of the popular ones do carry this feature. That being said, if you are looking at niche markets, Vave is quite limited with the cash out option here. But what really makes it stand out is its modern design and integration with many payment methods, cash out and withdrawal a smooth process.
Roobet - Experience quick and smooth transactions
Pros & Cons
- Simple registration
- Range of payment methods
- Variety of ongoing promotions
Lastly but by no means least, Roobet slots nicely into our top 5 cash out betting sites. With an easy to use cash out feature, it provides bettors with added control over their wagers. Once you've placed your bet, if you're feeling like you want to quit whilst you're ahead, you can cash out by simply accessing your active bets and selecting the option. You'll find the cash out option is available on most major markets, allowing you to secure profits or limit losses.
While the feature may not be available for all markets, it still performs well compared to top sportsbooks. Esports fans may even find some of their favorite games have a cash out feature. Roobet’s range of payment methods and intuitive design also make it an appealing platform for users looking for a reliable betting site with a cash out option. Don't forget to check out their promotions page too, as Roobet like to treat existing customers with a range of offers - although remember that cash out is not usually an option when using a bonus.
How Good is the Cash Out Function?
Offering a cash out function is one thing, but how that bookie implements it is another.
There is actually quite a large discrepancy between the quality of the cash out function from one site to another.
This can be for a few reasons:
The cash out has got to be easy to use and it helps if it looks good too! We’re all about user experience, as we appreciate the satisfaction of something working how you want it to while you’re betting online.
The easiest sports betting site cash out is often the most pleasant.
You may have just seen someone take an important wicket while you’re
cricket betting online
or score an important goal in hockey and instantly gone to cash out, but the button says ‘Unavailable’. This can be the most frustrating thing in the world!
Linking to that point, you’re going to want the site or app to update as quickly as possible so that the cash out becomes available again and you can withdraw your cash before something else happens in the match that upsets the odds once more.
Speaking of those odds,
it’s only fair that you’re offered the right price when you cash out. The odds when you initially put your bet down are one set of numbers, but the cash out odds can be totally different.
The Odds for Cashing Out
A bookmaker’s cash out odds can absolutely be the difference between taking the plunge or staying put when it comes to the offer. If you’re going to get an extra 20% of your winnings for holding out a little longer, this may seem worth it.
At the end of the day, there are too many factors with cashing out to really set any kind of precedent as to when is a good time to cash out, and it’s down to personal preference as well. Some seasoned punters will never even bother with cashing out, whereas others are much more trigger-happy.
Just remember that, in most cases,
a bookmaker actually wants you to cash out. The best cash out betting sites will give you a very tempting offer to cash out at all times, as it can be mutually beneficial. The bookie loses less money if the bet does end up coming in and the player gets the peace of mind of a won bet.
| Factors that can influence cashing out |
Reasons |
| Odds Differences |
The extra potential winnings might persuade you to wait before cashing out. |
| Timing |
There's no definitive right time to cash out; it's a personal decision based on risk and reward and how you feel at the time. |
| Bettor Habits |
Experienced bettors may avoid cashing out, while newer players might prefer to act quickly. Betting strategies may also override the option to cash out. |
| Bookmaker Strategy |
Bookmakers often offer tempting cash out options, as it can be beneficial for both the player and the bookie. |
Something that can give a bookmaker bonus points when it comes to deciding the best online betting sites with cash out is additional cash out bonuses. You'll find some of the top operators offer some great deals, and these extra bonuses can benefit the value of your cash out offer.
Here are a couple of examples of enhanced bonuses for cashing out.
2 UP:
British bookmaker SportingIndex (as well as some other sites) offers a feature where if a soccer team goes two goals into the lead,
they will settle that bet as if it were a win even if the opposing team comes back to equalize
or even to win the match. This bodes well for accumulator bets, as it automatically boosts the cash out offer on any accumulators where this occurs.
Enhanced odds:
A lot of bookies online will offer increased or enhanced offs for certain games, players, markets etc. for random sports. If you put a bet on one of these, the chances are that the cash out offer will be greater too. This is the case for single market, fixed odd bets or accumulators.
1.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Terms (WR): 1x Bonus, Min. Deposit: $10
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $5
3.
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
Terms (WR): 1x Deposit, Min. Deposit: $5
4.
Bet $30, Get $300 in Bonus Bets
5.
Bet $1, Double Your Winnings Your Next 10 Bets
Terms (WR): 1x Deposit
Types of Cash Out
When you are looking at your cash out strategy, there are actually some variations the top cash out betting sites can offer you. Let's take a look at some of the most popular options available and how you can use them in your cash out strategy:
Arguably the most straightforward and simplest of options. When you opt for a full cash out you are settling the entire bet for the amount the bookmaker is offering you. Once you click that 'Cash out' button, the bet is done and closed and the amount agreed is deposited into your account. You can sit back and relax knowing you have either secured some profit or reduced a loss.
Exactly how it sounds, you are partially closing your bet and taking some cash out, whilst leaving some money still in. The bet is still active and the outcome will still depict whether you receive any further cash from the bet or not. It's a good option if you are unsure and don't want to risk the full bet. An example might be if you have placed a bet of $5, you could choose to cash out $2.50 of that bet and leave the remaining $2.50 in play.
This option may be quite new to you and not discussed all too often, but it's something to be aware of. This option allows you to set a specific amount at which your bet will automatically cash out. You set the amount you want to cash out in advance, and if the cash out value hits that figure, the bookmaker will automatically settle your bet at that amount. Maybe something to consider if you know you'll be busy during the event you are betting on and won't have time to check in live.
Which Markets You Can Cash Out On
In a lot of cases, a bookmaker will offer tonnes of markets across a range of sports, but
cash out might not be available for all of those markets.
Sometimes, a bookmaker will demonstrate that cash out is or is not available for a particular bet with an icon or something to that effect, but this is not always the case.
It is unlikely for a bookmaker to hold back on offering cash out on many markets, but it can happen for one reason or another. If you find yourself unable to cash out on many markets with your bookie of choice, it might be worth thinking about moving on.
We've put together a handy table containing some of the most popular cash out betting sites along with the popular markets and sports they generally offer cash out on. It's worth being aware that sometimes these options may change and certain events may be excluded from cashing out.
| Bookmaker |
Popular Markets Available for Cash Out |
Popular Sports with Cash Out Option |
Full Cash Out |
Partial Cash Out |
Auto Cash Out |
| Stake |
Match Result, Over/Under, Both Teams to Score |
Football, Basketball, Tennis, Esports |
✅ |
✅ |
❌ |
| 20Bet |
Handicap, Total Points, Correct Score |
Football, Tennis, Basketball, Cricket |
✅ |
✅ |
❌ |
| BC.Game |
Win/Draw/Win, Goal Markets, Over/Under |
Football, Basketball, Esports |
✅ |
✅ |
❌ |
| Vave |
Match Result, Over/Under, Next Goal |
Football, Tennis, Esports |
✅ |
✅ |
❌ |
| Roobet |
Match Winner, Goal Markets, Spread Betting |
Football, Basketball, Tennis, Esports |
✅ |
✅ |
❌ |
| Bet365 |
Match Result, Handicap, Over/Under, Correct Score |
Football, Tennis, Basketball, Cricket |
✅ |
✅ |
✅ |
Welcome Bonuses & Rewards for Loyal Customers
Bookmakers all around the world will be constantly battling amongst each other in a bid to bring in new customers, and one way that they can one-up their competition is through welcome bonuses. With huge competition, the best cash out betting sites will always be thinking up new and innovative bonuses.
Welcome bonuses are offers presented to potential new customers as a bid to get those customers to sign up to the site.
Because there is so much choice out there when it comes to cash out betting sites, you might as well enjoy some free cash or free bets for signing up.
Here are a few examples of a new customer welcome offer so that you know what to look out for.
- 4x $5 free bet with no deposit required.
- 100% matched deposit up to $200.
- $20 free bet when you place your first bet of $10 on odds of 1.8 or greater.
Kickstart your betting with these welcome bonuses
If you are looking for your new favorite bookie, here are some of the best sportsbook welcome bonuses currently on offer for new customers.
1.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Terms (WR): 1x Bonus, Min. Deposit: $10
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $5
3.
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
Terms (WR): 1x Deposit, Min. Deposit: $5
4.
Bet $30, Get $300 in Bonus Bets
5.
Bet $1, Double Your Winnings Your Next 10 Bets
Terms (WR): 1x Deposit
Additional Bonuses
On top of these welcome bonuses, you may find that
a bookie will offer extended bonuses to keep their loyal customers keen. This is a great tactic as it avoids customers cashing in on their welcome bonuses and then leaving. Here are some existing customer bonuses that you might expect to see:
- Enhanced odds for particular markets at particular times.
- ‘Accumulator boosts’: enhanced odds on accumulators.
- Free bets for particular markets as part of a promotion for an event.
- Free bets or risk-free bets when you place a deposit with a promo code.
- Cash back if your bet loses on a particular market.
Site Design & Layout
We mentioned earlier that the look of the cash out tool and how easy it is to use can have a real impact on how enjoyable that tool is to use overall. But it goes further. Something to bear in mind with the best online betting sites with cash out is how good the site or mobile app is to use overall.
The most attractive bookmaker websites and mobile apps are often the best choices to play at
because not only does it please the eye, but it makes using the site much easier and quicker to navigate. This can be invaluable if you are cashing out in particular, as you’re going to want time to be on your side, especially in fast-paced sports such as basketball and hockey.
This might not be so much of an issue if a bookmaker wants to create one of the
best golf betting sites, for example, but even in this case, having a good design layout could prove to be invaluable.
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Last Thoughts on Sports Betting Cash Out
Throughout this article, we’ve taken a look at the criteria that betting sites with cash out need to fulfill in order to become one of the best, and we’ve given some examples that you could use right now to get yourself up and running with your new favourite bookmaker.
But, at the end of the day, it’s all about personal taste. Any recommendations we have provided today should only be used as guidelines. It’s super important to be clued up on betting if you are going to get involved with it, especially as your money is involved, but it’s not all black and white!
The bottom line is to
have fun, stay safe and play within your means.
If you can do that, then we hope you enjoy your new cash out bookmaker!
Cash Out Betting Sites FAQ
Players who are a little tight for time can skim over our FAQ session right now for some of the key facts when it comes to betting sites with cash out, but remember to come back later on to read the full article. There is a tonne of useful information in there that could prove invaluable!
❓ What is cash out in online betting?
The option to cash out during your bet is a special feature that some online sportsbooks offer. It basically lets you settle a bet early, before the event you’ve wagered on has finished. This means you can lock in some winnings or minimize a potential loss, depending on the current status of the event or game at the time of cash out. This can be beneficial and cashing out is a widely used betting strategy, but like all strategies it has its pros and cons.
⭐️ What is the best cash out betting site?
This will be dependant on what you are looking for when you cash out. There are many sportsbooks that offer this feature, although the markets and sports they offer it on can be quite limited in some instances. Don't worry though, as in this article we cover the best online betting sites with cash out and compare the features and options they offer.
💰 Which sportsbook has instant withdrawal?
Many sportsbook now offer fast withdrawals, and due to competition many are upping their game and introducing new payment methods to speed up transaction times. Stake and BC.Game both offer super fast withdrawals and smooth transactions, with instant withdrawal an option for some payment methods. Check out our article on the best online betting sites with cash out to find out more about these sportsbooks.
💥 Do all betting sites offer a cash out option?
Over the last few years, cash out betting sites have become popular, and many providers do offer this option in one way or another. Depending on the sportsbook, you may find they do not cover certain markets or sports with cash out and some sportsbooks have not introduced this feature yet, so be sure to check if it's important to you.
🎁 Can I cash out whilst using a bonus?
You'll find some pretty generous welcome bonuses and ongoing promotions from some of the top betting sites. However, the bonuses will usually come with some T&Cs to comply with and cash out is generally not possible when using a bonus. If you do cash out it may void the bonus and you'll lose any bonus features.
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