Best Cash Out Betting Sites

If we had to choose one  betting sites to recommend for cash out it would be bet365 because 

This article provides info in-depth of the bet365 cash-out, and more in the Top 4 Cash Out betting sites.

It then goes into detail for each bookmaker and finally lists all bookmakers that offer cash out on their betting apps.

The table below provides quick links to the section of this article containing the cash out info for each bookie and information if any free bets are available.

bet365 Cash Out Guide

bet365 has taken the honours of being recommended as the best cash out betting site feature with its distinct advantage on flexibility.

Here, we run through the additional options of partial cash out and auto cash out.

bet365 Partial Cash Out

The difference between full cash out and partial cash out, is that simply you can cash out only part of the total offer, leaving the remainder to run to conclusion.

This is quite a cool way of protecting your original stake on an accumulator if you already have winners with more events yet to start. Or you could even cash out your stake plus some profit, with the assurance that whatever you have partially cashed out is safe in the bank, and the remainder of the bet.

To use partial cash out, there is a slider, which you can move left or right to determine how much you want to cash out

bet365 Auto Cash Out

This is a very clever and popular function from bet365.

Auto cash out allows you to set an amount you would like to cash out at any given point in your bet’s life as long as the total cash out gets to a certain point.

For instance. You may decide that if the total cash out the offer at any point reaches £100, that you would decide to cash out everything. Simply set the auto cash out to do so, and you can go about your business knowing your cash out decision is ready to act should the given point be reached

This also works for partial cash out too, so again, if the total cash-out offer reaches £100, you can set the auto cash out to trigger at that point to cash out £50 and leave the bet then to conclude

The following list shows some of the more popular bookmakers that currently offer cash out and the type of cash out they offer.

Top 4 Cash Out Bookmakers

These are the top 4 recommended cash out betting sites. Or see the full list further down the page. 

Click on the bookmaker name to read the full cash out review for each, or click on 'review' to read the full bookmaker review

William Hill call their cash out function 'Cash-in' - Same difference.

What is impressive with William Hill is the vast array of not only sports that offer cash out, but also the depth of markets, both pre-event and in play

With Partial cash-out also available, it was a close run thing with bet365. Had there been an auto cash out option for William Hill, coupled with the ranges of markets, they could well have been number 1

William Hill is a solid alternative cash out to bet365 if Auto Cash-out is not something you are in search of.

Betfair has excellent cash out facilities. Of course, this is the automated version of what in-play traders are doing all day on the exchanges, but the betfair sportsbook offer you the opportunity of trading with the cash-out facility too.

With full and partial cash out options, another exciting aspect is that betfair cash out also runs in play on horse racing, so rather than the market being suspended once the race gets underway, there is a faster refresh rate and you will see live cash out updates during a race.

Paddy Power also offers a partial cash-out option, putting them on par with Betfair. 

Well, that makes sense given they are one and the same, but anyway.....

Be aware of events within your bets that may not be going in-play. Lower league football perhaps, or more obscure football leagues.

If these selections form part of your bet, you may find cash out unavailable during the event.

So always check to see if the football matches you are including in your acca are available for live in-play betting too.

This article will explain everything you need to know about the cash out feature which is now a common part of betting - especially on football accas.

Cash-out has become very popular in recent years and is a bookie feature that allows you to settle your bet at any given time before the event or events finish for a set payout. 

That amount varies depending on how likely your bet is to be successful.

Cashing out on Footy Accas

It is most commonly associated with football accumulators with punters cashing out of bets either late on in matches or when several matches are already successful and there is one match remaining on the bet .

Partial cash out gives you more control over your cash out. 

With full cash out the decision is solely whether or not to completely settle your bet there and then. 

After a winner, you may be able to remove your original stake

With partial cash out you can cash out any percentage of your bet and leave the rest to run. 

For example, you might decide you are willing to give up some of your winnings in order to ensure you don't lose your original stake amount, leaving the rest of your bet to ride as normal. 

This spreads out the risk/reward of cashing out.

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?

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?

A slightly more complicated alternative to laying the remaining selection is to 'dutch' all the other outcomes in the event (read more about dutching here). 

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.

As cash out through the bookies offers a convenient but poor value method of ending your bet early it should only be used if you want to 'cash out' but can't do so at better value through a betting exchange or by dutching the other outcomes.

The most common reason why the cash out function is the only option to settle the bet early is liquidity. 

Cash out is usually used on football accumulators and a lot of punters include many teams in their football accas with potential returns often in the thousands or tens of thousands. 

A lot of punters don't have the money sitting around to lay off their bet or cover all the other outcomes so they can only use the cash out function or let the bet ride.

The Great Leicester City Cash out fiasco

This was also the case when many punters backed Leicester to win the Premier League in the 15/16 season. 

Although the stakes were relatively small (£10 or less many) the odds of 5000/1 were huge. 

Stories of punters cashing out for huge amounts towards the end of the season often hit the headlines and in many cases, those punters who stood to win in the region of £50,000 would have won a lot more by laying their bet off on Betfair. 

However, they would have needed to have tied up around £10,000 to £15,000 on the exchange for a few months and not many had that option so had to accept the cash-out amount.

It might also be impossible to lay/dutch your way out of a bet if several selections are all in play at the same time. 

If you've placed a 5 team acca on teams that all play at 3pm on a Saturday all the games are going to end at pretty much the same time, you're not going to have the option to lay all those teams in an accumulator so you are left with two options again - cash out or let it ride.

The most important consideration when deciding whether or not to cash out is to remember that you are effectively backing your bet NOT to win. 

Is your original thought pattern still true?

That's the same bet you originally backed to win. 

And you are most likely backing the bet not to win at worse value than when you backed it. If you are still confident about your bet winning it doesn't make sense to cash out.

If you no longer think the selection will win, perhaps due to some important team news or a going change at a racecourse, then cashing out/laying off is a good option to consider.

The 5 cash out bookies above allow customers to fully and partially cash out their bets, and also allow cash out in-play. 

If you take into account their brilliant live streaming services, then they really are the best bookies for cashing out. 

Bet365 have even introduced an 'Edit My Bet' feature, meaning that you can remove selections and replace them with others that have caught your eye. 

Not a bad set of choices to have if the last team in your acca is looking a bit shaky!

Here is a complete list of bookmakers that offer cash out in some form on their betting sites.

Cash-out may be available on all sports, or may be limited to certain sports and events, check each bookmaker for their cash out terms to understand the exact details.

We have also added a handy guide as to what we recommend each bookmaker for, whether that be best odds, football accas, in play betting or live streaming

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 for them at worse odds than they are currently offering 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.

You can continue the discussion on whether or not cash out is a good thing and under what circumstances you should consider it on the OLBG forum.