bet365 Sign Up Offer & Review
Bet365 is a UK-based online bookmaker founded by majority shareholder Denise Coates. As the world's largest online bookmaker, it serves over 35 million customers.
bet365 Key Facts
- Best Football Bookmaker
- Rated #1 By OLBG Users
- Rated #1 For Bet Builder
Experienced sports journalist and editor covering multiple aspects within the sports and betting industry. A football, NFL and rugby specialist, he is a judge at the Football Content Awards.
In this comprehensive guide, we will walk you through everything you need to know about choosing the best cash out betting sites and recommend the Ultimate Top 10 from our thorough research of no fewer than 64 online bookmakers. Our goal is to provide valuable insights and inform you of the best Cash Out sites in the UK, based on hours of painstaking research from our expert team. With so many options available, it's essential to understand the key factors that make a cash out betting site stand out from the competition.
Top 10 Cash Out Betting Sites and Why!
Details on all 64 Betting sites compared across their cash out options, the top 10 sites are displayed; click see more for the full list.
Cash Out Betting Sites | Available | Partial Cash Out | Bet Builder Cash Out | Auto Cash Out | Edit My Bet | Max 10 |
---|---|---|---|---|---|---|
bet365 | 5.0 | 2.0 | 1.0 | 1.0 | 1.0 | 10.0 |
BetMGM | 5.0 | 2.0 | 1.0 | 1.0 | 1.0 | 10.0 |
SpreadEx | 5.0 | 2.0 | 1.0 | 1.0 | 0.0 | 9.0 |
Ladbrokes | 5.0 | 2.0 | 1.0 | 0.0 | 1.0 | 9.0 |
BetVictor | 5.0 | 2.0 | 1.0 | 0.0 | 0.0 | 8.0 |
Coral | 5.0 | 2.0 | 1.0 | 0.0 | 0.0 | 8.0 |
Parimatch | 5.0 | 2.0 | 1.0 | 0.0 | 0.0 | 8.0 |
Sky Bet | 5.0 | 2.0 | 1.0 | 0.0 | 0.0 | 8.0 |
William Hill | 5.0 | 0.0 | 1.0 | 0.0 | 0.0 | 7.0 |
Sporting Index | 5.0 | 2.0 | 1.0 | 0.0 | 0.0 | 7.0 |
Betfair | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Paddy Power | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
BetDaq | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Bwin | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
10Bet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Betway | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Matchbook | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Smarkets | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
VBet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Betiton | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Tote | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
BetUK | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
The Online Casino | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
BetGoodwin | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Britain Bet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
JeffBet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
FAFABet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Midnite | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
talkSPORT BET | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
BetStorm | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
All British Sports | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Hollywoodbets UK | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
YetiBet | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Pub Sports | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Fun Sports | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Betmorph | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Q88Bets | 5.0 | 2.0 | 0.0 | 0.0 | 0.0 | 7.0 |
Sportingbet | 5.0 | 0.0 | 1.0 | 0.0 | 0.0 | 6.0 |
BetFred | 5.0 | 0.0 | 1.0 | 0.0 | 0.0 | 6.0 |
Boylesports | 5.0 | 0.0 | 1.0 | 0.0 | 0.0 | 6.0 |
888Sport | 5.0 | 0.0 | 1.0 | 0.0 | 0.0 | 6.0 |
Unibet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
NetBet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Leovegas | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
TonyBet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
32Red | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Quinnbet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Kwiff | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
mr.play | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Virgin Bet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Casumo | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
SBK | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
The Pools | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
BetTarget | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Fitzdares | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Luckland Sports | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Luckster Sports | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
BetZone | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
LiveScore Bet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Rhino.bet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
Lottoland | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
BzeeBet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 |
HighBet | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
DAZN Bet | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
GrosvenorSport | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
FanTeam | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Star Sports | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
1. Bet365
bet365 offers Cash Out, allowing users to settle bets early. Cash Out the entire bet or partially Cash Out, leaving some stake. Availability varies based on event, market, and timing. Auto Cash Out settles bets if the value reaches a threshold. Colossus Cash Out is also available for pool bets.
2. BetMGM
BetMGM is one of the newer bookies on the scene, certainly in the UK, launching in 2023. The brand is huge in the United States, with sportsbooks across the country and major casinos in Las Vegas and beyond. Their odds are the absolute best but they have absolutely nailed their cash out options for punters. All the standard parts are covered but they, like Bet365, are the only bookies offering all of the following: bet builder cash out, auto cash out and Edit My Bet.
3. Spreadex
Spreadex has a Cash Out feature for users to close bets early, either for profit or to minimize losses. One-click or partial Cash Out options are available for fixed odds singles and multiples. Cash Out is accessible on mobile and tablet devices, and auto-cash out is offered for sports spread bets.
4. Ladbrokes
Ladbrokes offers cash out on various sports markets, including horse racing, football, tennis, cricket, darts, snooker, basketball, boxing, volleyball, and handball. Cashout is subject to certain conditions such as time delay, maximum cap, and eligibility of markets. Errors in pricing may affect cash-out availability. Ladbrokes may amend or remove cash-out availability at any time.
5. BetVictor
Discover the benefits of using BetVictor's cash out feature, allowing you to end your bet early and guarantee a payout. Cash out works for different sports markets, including football, horse racing, basketball, and tennis. Options for partial cash out.
6. Coral
Enjoy the convenience of cash out with Coral. Whether pre-match or in-play, you can cash out your singles and multiple bets at any time if an offer is available. Remember that outright tournament cash out is only applicable to win singles and multiples, excluding each-way bets. Please note that cash out is not available for US Horse Racing.
7. Parimatch
With Parimatch, you have the flexibility to cash out your bets, including partial cash out. You can also use cash out on selected bet builder bets, giving you more control over your wagers and potential winnings. Stay in charge with Parimatch's cash out feature.
8. SkyBet
Look for the green cash out symbol when placing bets on SkyBet. Cash out is available on eligible markets, including Request A Bet and Build a Bet. Check the Cash Out Eligible Markets article for more details. Successful cash out bets will appear in the Cash Out section of "My Bets". The maximum cash out amount is £500,000.
9. William Hill
William Hill offers Cash Out (Cash In My Bet) and Partial Cash Out (Partial Cash In My Bet) options for single and multiple bets. Cash Out allows you to secure a profit or minimize losses before settling, while Partial Cash Out lets you cash in part of your bet. Look for the symbols under "Open Bets".
10. Sporting Index
SportingIndex Cash Out allows bettors to settle their bet anytime during a live sporting event, giving them control over their position. Sporting Index is the pioneer of in-play Cash Out, allowing bettors to secure a profit or cap a loss. This feature is available for various sports including football, rugby, tennis, cricket, and horse racing. With SportingIndex Cash Out, bettors can react and adjust their bets as the action unfolds.
Sign up to the best Cash Out betting sites
Bet £10 & Get £30 in Free Bets for new customers at bet365.
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. Time limits and T&Cs apply. #ad
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10, Get £40 in Free Bets
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets. 7 day expiry. Exclusions apply. Stake not returned. 18+
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10, Get £40
£10 fixed odds bet odds 1.5+. Not in-play or cashed out early. Get £10 free fixed odds, £5 free total goals spreads bet, £5 winning favourites spread on both settlement and after 24 hours. Free bet stake not included in winnings. Claim using button on betslip. Can be used in-play but not cashed out in-play. Open full sports spread account to use the £20 spread bets. Possible to incur losses exceeding initial stake. 18+ only. T&Cs apply.
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £5, Get £20!
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first 5 bet within 14 days of account reg at min odds 1/2 = 4x 5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + T&Cs apply.
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10 on Football, Get £40 in Free Bets
18+ New customers only. Opt in, bet £10 on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. T&Cs apply. gambleaware.org | Please gamble responsibly
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £5 & Get £20 in Free Bets!
18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 7 days, stake not returned. No cash-out, restrictions & T&Cs apply.
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10 Get £50
18+ New Customers Only. Opt in and bet £10 on football (odds 2.00+) within 7 days. Get 4x£10 Free Bets for set markets and a £10 Slot Bonus for Big Bass Splash, 30x wagering, to withdraw max £250. Rewards expire in 10 days. See full T&Cs. GambleAware.org | Please gamble responsibly.
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10, Get £30!
18+. Play Safe. From 00:01 on 17.10.2022. 3x £10 free bets. Free bets expire after 30 days. New customers signing up through mobile or tablet device only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad
SEE OFFER#ad. 18 , gambleaware.org, T&Cs Apply
Bet £10, Get £20 in Free Bets
Place qualifying £10 fixed odds bet at odds 1/2+. Qualifying bet cannot be in-play or cashed out. First £10 free bet credited on settlement. Second £10 free bet added following day. Claim within 28 days of opening. Free bet stake not included in winnings. T&Cs apply. 18+ gambleaware.org.
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How We Chose the Best Cash Out Sites
At the time of our research, there are 65 bookmakers listed on OLBG, and to keep things fair we included Skybet, who we have to consider and made it into the top ten. The task was to visit each of the 65 sites and analyse the cash-out options available. No mean feat, and we will forever be grateful to Nigel Skinner who undertook this painstaking task, collecting the data and additional notes on each site.
We first checked if Cash out was available. Just 4 bookmakers didn't offer it. We won't name them, but they appear in the full table at the foot of this article.
So that left us 62 bookmakers to analyse for the availability of options.
We already knew bet365 was going to top the list, so looking for cash-out options that included partial cash out, auto cash out and bet builder cash outs, we also considered the unique Edit my Bet availability on cash out qualifying bets that Ladbrokes offer.
Here are some stats
62/64 Bookmakers offered Cash Out
36/64 Offered Partial Cash Out
9/64 Offer Cash Out on Bet Builders
2/64 offer Auto cash out (bet365 and Spreadex)
1/64 offer Edit my bet on cash out qualifying bets (Ladbrokes)
Understanding Cash Out Betting
Cash out lets you settle your bet before the event you wagered on ends. It gives you more control over your bets and the potential to secure a profit or minimize potential losses. Cash out is particularly popular in sports betting, where the odds can fluctuate throughout a match or game.
Bookmakers utilize sophisticated algorithms to calculate the cash-out value, which is based on several factors, including the original stake, current odds, and the likelihood of the bet winning. The cash-out value is dynamic and changes in real-time, reflecting the evolving conditions of the event. It allows bettors to make strategic decisions based on the available options and their risk appetite.
Types of Cash Out Available (In addition to Standard Cash Out)
Explore the tactics of Partial Cash Out, Auto Cash Out, and BetBuilder Cash Out. Enhance your understanding of cash out betting varieties.
Partial Cash Out Betting Sites
Betting Sites | Cash Out Score | Partial Cash Out? |
---|---|---|
bet365 | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SpreadEx | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Ladbrokes | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetVictor | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Coral | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Parimatch | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SKYBET | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SportingIndex | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Betfair | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Paddy Power | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetDaq | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Bwin | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
10Bet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Betway | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Matchbook | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Smarkets | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
VBet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Betiton | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Tote | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetUK | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Theonlinecasino | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetGoodwin | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BritainBet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
JeffBet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
FAFABet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Midnite | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Talksportbet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetStorm | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
All British Sports | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Hollywood Bets | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
YetiBet | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Pub Sports | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Fun Sports | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Betmorph | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Q88Bets | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Here's how it works: Imagine you're watching a thrilling football match, and you've made a bet on the outcome. With Partial Cash Out, you don't have to wait until the end to see if you've won or lost. You can cash out a portion of your bet early and secure a return, regardless of whether your bet is currently profitable.
Let's break it down further. Say you've placed a £10 bet on a football game. As the match progresses, you might feel unsure about the outcome. But with Partial Cash Out, you can cash out a part of your bet, say £5. This means you'll secure the return of that amount of your initial stake, regardless of whether your team wins.
Now, here's the exciting part. You still leave the rest of your stake in the game by cashing out a portion of your bet. So if your team goes on to win, you'll still have a chance to receive winnings from the remaining part of your bet and the remaining stake of course.. But if things don't go as planned and your team starts struggling, at least you've secured a return on the portion you cashed out. It's like playing it smart and reducing your risk while still enjoying the excitement of the game.
Keep in mind that Partial Cash Out isn't available everywhere. Only some betting sites offer this fantastic feature. You can use it for football and other sports like tennis, horse racing, cricket, and basketball.
To sum it up, Partial Cash Out allows you to take an early payment for a part of your bet. You can secure a return, whether your bet is profitable or not, and still have the opportunity to win more. It's available on select betting sites for a variety of sports.
BetBuilder Cash Out
Cash Out Betting Sites | Cash Out Score | BB Cash Out? |
---|---|---|
bet365 | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SpreadEx | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Ladbrokes | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
BetVictor | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Coral | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Parimatch | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SKYBET | ⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
William Hill | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SportingIndex | ⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Sportingbet | ⭐⭐⭐⭐⭐⭐ | ✅ |
BetFred | ⭐⭐⭐⭐⭐⭐ | ✅ |
Boylesports | ⭐⭐⭐⭐⭐⭐ | ✅ |
888Sport | ⭐⭐⭐⭐⭐⭐ | ✅ |
Regarding bet builders, the possibility of cashing out your bet is indeed available. However, certain conditions need to be met for bookmakers to offer this feature. Specifically, all of the selections in your bet must still have a chance of winning, and the market must remain open.
Let me explain further with an example. Suppose you've placed a bet on a goalscorer in a football match. For you to have the option to cash out, the market for the goalscorer must remain open throughout the entire game. If the market closes during the match, unfortunately, you won't be able to cash out your bet.
It's important to keep this in mind because the availability of cashing out depends on the markets you've chosen and their openness until the game's conclusion. It's worth noting that this can sometimes be challenging to achieve, and you may not always be offered a cash-out option.
While the opportunity to cash out your bet builder exists, it ultimately depends on the markets' specific circumstances and availability. Stay informed and know the market conditions to make the most out of your betting experience.
Auto Cash Out
Cash Out Betting Sites | Cash Out Score/10 | Auto Cash Out? |
---|---|---|
bet365 | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
SpreadEx | ⭐⭐⭐⭐⭐⭐⭐⭐⭐ | ✅ |
Designed to give you full control over your bets, even when you're away from your mobile device or computer. With Auto Cash Out, you can effortlessly secure a profit without lifting a finger.
Setting up an Auto Cash Out is simple. First, you must have an active Cash Out position in a market. Once you've placed a matched bet, navigate to the active market for which you want to create an Auto Cash Out. Look for the dropdown menu next to the Cash Out button. Click on it, and you'll find the option to set a profit level at which you'd like to automatically Cash Out.
The beauty of Auto Cash Out is that you can choose any positive figure for your profit value, as long as it falls between your current Cash Out position and your maximum profit on the market. This flexibility allows you to tailor the Auto Cash Out feature to your desired profit target.
After setting your profit level, click the save button. Now, if your profit in the market reaches the figure you've set for Auto Cash Out, the software will automatically Cash Out for you. It's like having a trusty assistant that ensures you lock in your desired profit without any effort.
If you ever want to remove an Auto Cash Out rule, you can easily do so by reopening the bet and clicking on the remove button.
It's important to note that not all markets are eligible for Auto Cash Out.
Auto Cash Out empowers you to control your bets and secure profits even when you're not actively monitoring them.
In some cases, you have the flexibility to edit your Auto-Cash Out levels.
So, Auto-Cash Out is like having an automated assistant that ensures you don't miss out on securing your winnings. It's perfect for situations when you can't watch the match live. Remember, you can set your profit level, sit back, and let the feature take care of the rest.
Factors to Consider When Choosing Cash Out Betting Sites
Uncover key considerations for choosing Cash Out Betting Sites! Learn how competitive odds, versatile cash out features, user-friendly interfaces, security, and bonuses can influence your Cash Out betting site choice Let's dive in! 💰🎲🔍
1. Competitive Odds and Markets
One of the critical aspects to consider when selecting a cash out betting site is the availability of competitive odds and a wide range of markets. A reputable betting site should offer attractive odds that maximize your potential winnings. Additionally, diverse markets allow you to explore different betting options, ensuring something for everyone.
Best Odds Comparison - Which Betting Site for Which Sport?
2. Cash Out Options and Features
Not all cash out features are created equal. When evaluating betting sites, pay close attention to the cash out options available. Look for sites that offer both full and partial cash out options, giving you the flexibility to settle your bets either entirely or partially. Moreover, some sites offer an automatic cash out feature that allows you to set specific conditions for cashing out your bets, even when you're not actively monitoring them.
3. User-Friendly Interface and Mobile Compatibility
A user-friendly interface is crucial for an enjoyable betting experience. Look for cash out betting sites that have intuitive navigation, clear bet slips, and responsive design. Mobile compatibility is also essential, as it enables you to place bets and cash out on the go. Check if the site has a dedicated mobile app or a mobile-optimized website to ensure seamless betting from your smartphone or tablet.
4. Reliability and Security
When dealing with real money, it's paramount to choose a cash out betting site that prioritizes reliability and security. Ensure that the site is licensed and regulated by a reputable authority. Look for encryption technology to protect your personal and financial information. Additionally, read reviews and user experiences to gauge the site's reputation and reliability.
5. Bonuses and Promotions
To attract new customers and reward loyal players, many cash out betting sites offer enticing bonuses and promotions. These can range from welcome bonuses, free bets, or enhanced odds. Take the time to compare the bonuses and promotions offered by different sites to maximize your betting value.
Benefits of Cash-Out Betting Sites
Introducing the benefits of cash-out in the world of betting: risk management, locking in profits, minimizing losses, and flexibility and control. Cash-out empowers bettors by offering the ability to secure returns, whether events are unpredictable or circumstances change during a match or event.
1. Risk Management
Cash-out empowers bettors to manage their risks effectively. By cashing out, you can secure a guaranteed return regardless of the final outcome. This feature is particularly valuable when events are unpredictable or circumstances change during a match or event.
2. Locking in Profits
One of the most enticing advantages of cash-out is the ability to lock in profits before the conclusion of an event. This is especially useful when your bet is performing well, but there is still a chance for the tides to turn. Cashing out allows you to secure a portion of your winnings, eliminating the uncertainty of a potential last-minute upset.
3. Minimizing Losses
On the other hand, cash-out also helps mitigate losses. If your bet is not going as expected, cashing out can limit your potential losses by allowing you to recover a portion of your stake. This option prevents bettors from experiencing the full impact of a wrong prediction or a sudden shift in the game.
4. Flexibility and Control
Cash-out gives bettors unparalleled flexibility and control over their bets. It allows you to adapt your strategy based on real-time information and adjust your position accordingly. This feature appeals to both risk-averse individuals seeking to secure their profits and adventurous bettors looking to optimize their potential returns.
Factors to Consider When Using Cash-Out
While cash-out offers numerous benefits, it's important to make informed decisions to maximize its potential. Here are a few factors to consider before utilizing the cash-out feature:
1. Timing
Timing is crucial when it comes to cashing out. Keep a close eye on the live odds, the remaining time in the event, and the overall game dynamics. Evaluating these factors will help you determine the optimal moment to cash out, ensuring you make the most of your bet.
2. Event Volatility
Consider the volatility of the event you're betting on. Highly volatile events, such as tennis matches with multiple service breaks or high-scoring basketball games, may experience frequent fluctuations in odds. Understanding the volatility will help you decide whether to cash out or hold on to your bet.
3. Value Assessment
Evaluate the cash-out value offered by the bookmaker and compare it to the potential outcome of your bet. If the cash-out value exceeds your expectations or if the risk-reward ratio is unfavorable, cashing out might be a prudent choice.
4. Personal Strategy
Lastly, consider your own betting strategy and risk appetite. Some bettors prefer to let their bets ride until the end, while others prefer to secure early profits. Aligning your cash-out decisions with your overall strategy is crucial to ensure consistency and long-term success.
How to Find the Best Cash Out Betting Sites
Now that we've covered the essential factors to consider let's explore how you can find the best cash out betting sites:
- **Thorough Research**: Conduct a comprehensive search online, exploring different betting site options. Read reviews, compare features, and analyze user feedback to gain insights into the strengths and weaknesses of each site.
- **Compare Odds and Markets**: Analyze the odds and markets available on different cash out betting sites. Look for competitive odds and a diverse range of markets that align with your betting preferences.
- **Evaluate Cash Out Features**: Pay close attention to the cash out options and features offered by each site. Determine which sites provide the most flexible and advantageous cash out opportunities.
- **Assess User Experience**: Visit each cash out betting site and navigate through their platforms. Assess the user experience, looking for ease of use, intuitive design, and mobile compatibility.
- **Check Licensing and Security**: Verify the licensing and security measures implemented by the betting sites under consideration. Opt for sites that are licensed and regulated by reputable authorities and prioritize the protection of user information.
- **Consider Bonuses and Promotions**: Lastly, compare the bonuses and promotions offered by different sites. Evaluate the terms and conditions associated with each offer to ensure they align with your betting goals.
Alternative to Cash Out and when to Avoid it
Cash out is heavily pushed by bookmakers with good reason - the odds heavily favour them.
It's true that some punters win from bets they would ordinarily have lost from but it's also true that some punters win a lot less from bets that would have yielded a higher return had they not cashed out.
Understand the value of the cash out option
The really important factor is the value perspective of cash out. In exchange for having the option to easily take a sum for an unsettled bet, you lose out on a lot of value.
For example, you might stand to win £600 if the last leg (a 2/1 shot) of your £30 19/1 acca wins.
This means your bet at this time is effectively £200 on that selection at 2/1.
If you cashed out at the true odds your return would be that running on total of £200.
However, the cash out option will offer you much less than the true value of your bet so far and is actually more likely to be around £100 in this example.
Exchange Instead of Cash Out?
Betting Exchanges UK - The best sites in the UK 2024
There is another option and that is to use an exchange such as Betfair that allows you to lay selections as well as back them.
In the above example, you'd have to lay your final selection at 2/1 which is effectively a bet on the selection not to win at 1/2.
This means you are risking £400 to win £200. If your last selection wins you'll get £600 back for that bet but will have lost £400 on the exchange and if the selection loses you'll win your lay bet giving a £200 returning meaning you'll have effectively cashed out for £200.
How about a Dutching Alternative?
Mastering Dutching in Betting
A slightly more complicated alternative to laying the remaining selection is to 'dutch' all the other outcomes in the event.
This is relatively straightforward if you have backed a team to win a match as there are only two other outcomes (the draw and the loss) but much more complicated if you've backed a horse to win a 20 runner race.
Cash Out FAQ's
FAQ
Cash Out Related Questions [UK]
How does cash out work?
Cash-out works by offering you an amount to close your bet before it is has run its course. You will have a constantly updated cash-out offer which you have the choice to either accept or decline. There are other cash options such as partial cash out and automatic cash out too.
Can I cash out any type of bet?
Cash out is usually available for a wide range of bets, including singles, accumulators, and in-play bets. However, some bookmakers may have specific conditions or restrictions, so it's always best to check their terms and conditions.
Why is Cash Out unavailable
Cash-out may not be offered on every market that you like to bet on. Usually cash out is very clearly marked when available and on some occasions, it will be stated that cash out is not available. A good example of this is on Betfair sportsbook, where cash out is almost always available on win bets on horse racing but almost never on the place betting markets. You can reply on Betfair for cash out unavailable to coincide with markets that do not go in play on the exchange
What does cash out suspended mean?
When you see cash out suspended appearing on your betting app, it usually means that an event of some significance that will change the beating odds has just happened and a new market will form shortly. A good example of this is in a football match. When a goal is scored odds change significantly and whilst that happens the cash out facility will be suspended until the new prices are available.
Can you cash out an accumulator
Cash-out was almost certainly designed for the purpose of being able to cash out on accumulators. As long as each selection and bet included in the accumulator is available for cash out then cash out should be available. If you have an accumulator with 7 selections and just one of those markets does not offer cash-out then you will not be able to cash out that accumulator.
Can you cash out a free bet?
Generally, you are not able to cash out on free bets ,but there are exceptions. There are many regulations that come with using free bet credits so it is best to check the terms and conditions with the provider to see what their specific rules on cashing out free bets are.
Do all betting sites offer cash out options?
Not all betting sites offer cash out. However, many reputable sites now provide this feature to enhance the betting experience and give bettors more control. in our research of 64 UK licensed bookmakers, 62 offered cash out in one form or another.
How do I know when to cash out?
The decision to cash out is ultimately up to you. It can be beneficial to cash out when your bet is performing well but there is still a chance for the tides to turn. It also depends on your risk tolerance and objectives.
Is there a fee or charge for using cash out?
There are no additional fees or charges to use the cash-out feature. This is an in-play betting feature.
OLBG Members' Thoughts On Cash Out
One great thing about the OLBG community is the wealth of betting experience out members can bring to the site and share for each others benefit.
As you can imagine, Cash Out has been a huge debating point since its introduction, and here I what some members had to say about it.
Positive Comments on Cash Out
Negative Comments on Cash Out
Not all feelings about cash out are positive. To balance this section, here are some member thoughts who are not so keen on the function.
Conclusion
Think about what bookies like to advertise. They want to push things that make them the most money. They offer incentives for punters who place accumulators because that is what they make the most money from.
Likewise, when you see a TV ad for a bookie, it nearly always mentions the cash-out option. This is because it always suits the bookie for you to cash out because you are balancing their books at worse odds than they currently offer for other punters.
In some circumstances, it makes sense to get out of your bet and take the money, but only rarely is it best to use the bookie cash-out option.
Who Created this Article?
This article was written by the content team at OLBG with a combined 100} years of online betting experience. Nigel Skinner spent more than 20 hours visiting 64 individual online bookmakers to get all the information on the cash out options available at each and is responsible for the data collection. Our data scientist Dan Tracey poured over the stats to develop the figures and the final rating score. Steve Madgwick, our Editor-in-Chief and a Cash out expert, tasked himself with writing the accompanying words.