The cash out option is a feature that has become extremely popular with sports betting fans all over the world. We bet that you are sitting there thinking to yourself questions such as: What exactly is a cash out? How is a cash out calculated? Why make us cash out? If we are right, then you are in luck as we are about to answer these questions for you in this free cash out review. So, please read on and you will find out everything that you need to know about the cash out feature.
What Are the Best Cash Out Betting Sites?
Top 10 cash out betting sites:
- paddy power
- william hill
What will you learn on the "Cash out betting site" page?
What is a Cash Out?
A cash out is a feature that allows you to take a set amount of money to finish your bet before it has come to its natural conclusion. One thing that you always have to remember about this feature though is that bookmakers do not always make it available – it will depend on the particular sport or event that you are placing a bet on. Therefore, we must stress that you should never place bets with an assumption that there will be a cash out option available later on. However, for sports such as football, cricket and tennis, you will find that the cash out feature is often available.
Which Betting Sites Do Cash Out? Here Are 5 of the Best
Which betting sites do cash out? Well, the majority of the betting sites that you will come across nowadays will offer a cash out feature. Online sports gambling fans have come to love this feature so much that they will not even consider signing up with a sportsbook that does not have a cash out option. Bookmakers are well-aware of this, which is why any bookmaker that wants to stay relevant will ensure that they provide their players with a cash out feature.
However, like with everything in this life, all things that you encounter are not created equally. Just like some people are better at football than others, there are betting sites that have better cash out features than others. Below we are going to look at five bookmakers available to British online sports gambling fans that have impressive cash out features. If you open an account with one of the following you will definitely not come to regret it as they all offer a nice Welcome Bonus and plenty of deposit options. Remember to always read the T&Cs that apply to a Welcome Bonus before using it.
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Ladbrokes cash out
Ladbrokes is one of the leading bookies in the United Kingdom, so it should come as no surprise to find out that they offer their customers a cash out option for a wide variety of markets. You will regularly find cash out options for sports such as football, tennis, cricket, horse racing, snooker, darts, basketball, handball, and volleyball. However, you will probably not be too surprised to find out that they offer more cash outs for football than for any other sport. Below you can find some of football markets that you will be able to cash out on:
- Match winner
- Correct score
- Both teams to score
- Team to score in both halves
- Total goals scored in the match
- Total corners
- Both teams to score in each half
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William Hill cash out
When it comes to leading bookmakers in the United Kingdom, it is fair to say that William Hill betting site is sitting pretty at the top of the list. A sportsbook like William Hill is one that will definitely offer their players a cash out feature. In fact, they have a partial cash out feature too. They will provide their players with cash outs for sports such as football, cricket, baseball, tennis, horse racing, boxing, basketball, golf, snooker, and darts. What sport will you find the most cash out options for? Yeah, you guessed it, football.
So, let us say that you like to bet on tennis. Below we have provided some of the main markets that you will often be given cash out when betting on tennis:
- The match winner
- Total number of games in a match
- The number of sets in a match
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Coral cash out
Coral are one of the oldest bookmakers in the world (not as old as Ladbrokes though), and the fact that they have been around for so long is a testament to their ability to adapt to changes. They know that customers now want a cash out option, so that is exactly what they offer. Just like Paddy Power and William Hill, they also offer their players a partial cash out option. With Coral, you will find cash out options for sports such as football, cricket, tennis, horse racing, snooker, and darts. At this point, we really do not need to tell you what sport has the most cash out markets.
If you like to bet on darts every now and then, you might be wondering what darts cash out markets are available. If so, you will want to take a look at the list below:
- The winner of the match
- Correct score of the leg
- Correct score of the set
- Highest checkout
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BetVictor cash out
BetVictor have been offering their customers a cash out feature for several years now. However, at the time of writing this review, they did not have a partial cash out option. One great thing that BetVictor has is a cash out icon, so you will know if a cash out will be offered before you go ahead and place your bets. The sports that you will find cash outs for are football, basketball, tennis, badminton, table tennis, horse racing, snooker, and volleyball.
If you are a horse racing betting fan, then you might be wondering what markets will be qualifying for the cash out feature. Well, take a look at the list below to find some of the main ones:
- The horse that will win the race
- Whether a horse will place
- Cover bet
- Betting without
What is a Partial Cash Out and How Does It Work?
There are plenty of bookmakers out there that will give their players the option of cashing out some of their bet and leaving the rest on the original bet. This is what is known in the gambling world as a partial cash out.
Some punters will make use of a partial cash out because the bet that they placed is looking good and they decide to get a guaranteed profit while still remaining in the bet. Alternatively, their bet might be in a weak position and they do not want to end up losing all of the stake.
How do you make a partial cash out? Well, there will be a slide bar that you can slide forwards and backwards to alter your cash out monetary value and the new payout should your bet go on to win. It really is as simple as that.
When Should You Avoid Cashing Out?
Bookmakers love to push the cash out option and this is because the odds are heavily in the favour. While it is true that some gamblers make a nice profit from a bet that they would have lost had they let it run its natural course, but it is also true that many gamblers cash out early and win a lot less than they would have done if they managed to hold their nerve.
We asked our tipster Andrew what his advice is for cashing out and this is what he had to say:
“Before you cash out, it is very important that you understand the value of your cash out. In exchange for giving you an option of taking money for an unsettled bet, bookmakers will often give you a lot less value. Therefore, before you go ahead and cash out, you need to analyse how your bet is doing. If the team that you have bet on is completely dominating and are winning 1-0, then it would be foolish to cash out if there is plenty of time left in the game. However, if they have taken the lead against the run of play and look like they will concede in what is left of the match, then you should consider the cash out option.”
We would also like to add to Andrew’s advice that if you do cash out and it turns out to be the wrong move, do not be too down on yourself as you were happy enough to accept the cash out value in the first place.
When Should I Claim a Cash Out?
In our expert opinion, you should only claim a cash out if you are certain that you bet is going to end up losing. If you have an accumulator on the go and only need to get one more outcome right in order to win a large sum of money, you might be tempted to take the cash out option to guarantee that you walk away with some money and not just a while lot of disappointment.
You could do this, but you could also place a bet to cover your accumulator somewhat. For instance, let us say that the last game in your accumulator is Manchester United to beat Aston Villa. The Red Devils will be firm favourites to win, but you never know what is going to happen in a football game. Therefore, you could place a large bet on Aston Villa to win or draw. Therefore, if United win you will receive the large sum of money (minus the stake on Villa) and if Villa get a draw or a win, you will still get a nice profit.
How is the Cash Out Value Calculated at Betting Sites with Cash Out?
The cash out value that is given to you by betting sites with cash out will be calculated by taking the potential winnings and the odds that you would find if you were to go ahead and place that exact bet at that particular moment. For example, if you placed a £10 bet on a team to be victorious with odds of 5.00 at Betfair and they lead at half-time, the odds of them going to win the match will have dropped to a min of 2.50 at the half-time break.
A fair cash out value can be formulated by dividing the potential winnings by the current odds available. Therefore, in the above example, a fair cash out value would be:
£50/2.50 = £20
However, like we mentioned earlier, bookies will often go lower than the fair value as they are in the business of making money. Therefore, from the above example, the cash out value that you would likely be given would be around £17-18.
When Can You Cash Out?
As we mentioned above, the cash out feature will not always be available. It will be available whenever the sportsbook feels like offering it. However, when there is the cash out feature available for a bet that you have placed, you will be able to cash it our whenever you want. However, you have to remember that with sports like football, the cash out feature will often be suspended when the game enters the final minutes.
To add to this, during the match, you will see that the cash out feature gets suspended regularly. This happens when an important event is happening. For example, if the referee is checking VAR for a potential penalty, the odds and markets will be suspended until a decision has been made.
If a penalty is awarded, most of the odds and markets will remain suspended until the penalty has been taken. You will, however, often be able to bet on whether the penalty taker will score or miss the penalty. Obviously, your cash out value will then be changed depending on whether the penalty was scored or not. That is just the way a cash out feature works.
Some Great Cash Out Tips to Keep in Mind When at a Cash Out Betting Site
Below are some great free tips that you should keep in mind when you are thinking about whether you should take a cash out offer for one of the bets that you have placed at a <strong>cash out betting site</strong>.
One thing that you should do when you are trying to make up your mind about whether to accept cash out offers or not is to take a look at how your recent betting has been going. If you have put down a number of bets and been on a good winning streak, then it is probably fair to say that you can afford to take a risk and let your bet run its natural course. However, if Lady Luck has been against you and you are on a bad losing streak, then we would recommend that you take the cash out offer to recuperate some of your losses.
Every football fan out there knows the pure agony of the team that we support losing with just a minute or so left to play. It is something that gives all football fans the shivers. So, according to Alan, if the team that you have placed a bet on is winning by one goal with just a few minutes of the match to go, you should consider the cash out offer. Doing so could help to prevent you from being annoyed for the next few days. However, he implores you not to wait until injury time to make up your mind because the majority of sportsbooks will suspend the cash out during injury time. If you go on to lose the bet, you will be absolutely kicking yourself.
They say that money talks and that is something that we can agree on. If you are in need of cash, then there really is no harm in accepting the cash out offer. If you decide not to cash out your bet, it is like turning somebody away who if giving you a briefcase with money in the hope that another person will come along with a briefcase containing more money. A bad cash out every now and then could even turn into a shrewd piece of business.
Which UK Bookies Have a Cash Out Option?All the popular British bookies have a cash out option available to their customers. In the table below you will be able to see if a bookie has a full cash out and partial cash out or just the former.
|Bookmaker||Type of Cash Out Available|
|Betway||Full Cash Out and Partial Cash Out|
|Coral||Full Cash Out and Partial Cash Out|
|Paddy Power||Full Cash Out and Partial Cash Out|
|Ladbrokes||Full Cash Out|
|William Hill||Full Cash Out and Partial Cash Out|
|BetVictor||Full Cash Out|
|Betiton||Full Cash Out|
|LeoVegas||Full Cash Out|
|BWin||Full Cash Out|
|Betfair||Full Cash Out and Partial Cash Out|
How Does a Cash Out Work?
A cash out works by providing you with a cash value (a percentage of your winnings) that you can accept before your bet has run its natural course. You will be given updated cash out values and the better your bet is going, the higher your offer will be. You can have a full cash out option or a partial cash out option.
Which Betting Sites Offer a Cash Out?
Any bookmaker that is serious about what they do will offer their players a cash out feature for a number of sports and markets. Any that do not will find themselves falling behind their competitors. When it comes to bookies that British gamblers can register with you will find at cash out feature at the best cash out betting sites such as Paddy Power, Betfair, William Hill, Betiton, Coral, 888sport, LeoVegas, Mr. Green, and Unibet.
What is An Auto Cash Out?
There are some betting sites out there that will give you the option of setting an auto cash out after you have placed your bets. This means that should the cash out value for that bet reach the amount that you set, it will be automatically cashed out for you. This is a great option for those who place a bet and have to go out. The last thing you want is to check your bet later and find out that you would have won some money.
How is a Cash Out Calculated?
This will usually depend on the bookie, but a betting site will often calculate their cash out value by taking your potential winnings and the current odds for the same market that you bet on.
Which Sports Can You Cash Out On?
You will be glad to hear that the majority of sportsbooks nowadays will provide cash outs for a variety of sports that they offer. You will often find cash outs for football, horse racing, tennis, cricket, rugby, snooker, boxing, golf, basketball, and golf.
Can You Cash Out a Free Bet?
Some betting sites will give you the chance to cash out a free bet. However, you should keep in mind that the value of the free bet is often not considered when giving the cash out value. A bookie will just look at the potential profit you can make and adjust their offer accordingly. The same can actually be said for a Welcome Bonus as these are often looked at as free bets. However, with that being said, most bookies will not allow their customers to cash out a free bet.
My Favourite Bookmaker for Cash out
You get gamblers who use the cash out option a lot and you get gamblers who love the risk and just allow their bets to run their natural course. Which one am I? Well, I would say that I am a bit of both to be honest, depending on the mood that I happen to be in. I really like the cash out feature though and it has earned me quite a lot of profit over the years with bets that I would have lost had I let them carry on until the end.
Therefore, my advice to you is that you should make regular use of the cash out feature and over time you will come up with your own strategy as to when to take the offer, and when to let your bet run to the end.
Sheldon has a passion for writing and for sports. He is a huge fan of football (Aston Villa), rugby and cricket. As well as watching these sports, he also loves to bet on them. He hopes that the knowledge that he has gained over the years will help you to improve your sports betting experience.