Best Cash Out Betting Sites
The option to cash out is available at all the best online bookmakers, giving you more control over the outcome of your bets. On this page, we’ll take you through everything you need to know about the different cash out options and give you a flavour of the best betting sites that offer this feature.
Read on to find out more — then, if you’re keen to place some bets yourself, browse our list of recommended sites and click through to sign up and claim a welcome bonus.
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Introduction To Cash Out
Cash out is an innovative betting feature that allows punters to settle a bet early. If you cash out a bet, you’ll be accepting a payout that is less than the full potential win. The cash out amount you can accept typically fluctuates throughout a match — let’s say you’ve bet on Liverpool to beat Chelsea in a Premier League match and they take the lead, you can then expect the cash out amount to rise accordingly, as your bet is more likely to succeed. Simply head to the active bets area of your account to see if a cash amount is being offered.
So, why would you want to settle the bet early? Two main reasons:
- Firstly, if your bet is winning. If the cash out amount is close to the full potential payout, bettors may decide to avoid having to see out the last agonising minutes of a match. It may be safer to take the profit and remove the possibility of a late turnaround, especially if you think this could be likely.
- Secondly, if your bet is losing. Sometimes, it may be worth cutting your losses and taking a portion of your stake rather than lose all of it. Of course, in this scenario you’ll want to feel pretty certain that your bet isn’t going to come good.
Most betting site in the UK, along with new online bookmakers offer the cash out feature, although it may be limited to certain sports and markets. There’ll also usually be a cut off towards the end of a match where the option to cash out will no longer be available.
Here’s a breakdown of each of the different types of cash out options:
- Single Bet – When there’s a cash out option for a single bet, it’s just the outcome of one game that you’ll need to consider.
- Multiples – On multiples, you’ll need to consider the outcomes of multiple selections. Three out of four legs of your acca may be looking good, but if you need all four to win and the fourth looks out of sight, it may be worth cashing out.
- Partial Cash Out – Another helpful option is the partial cash out, available at top bookies such as Bet365. Here, you can use a slider to decide how much to cash out and how much of your stake to leave running.
- Auto Cash Out – With this feature, you can set a threshold whereby if the cash out amount reaches the threshold, the bet will automatically be cashed out. This is a handy option to use if you’re not able to keep up to date with a match and would be content with a smaller payout.
Pros and Cons of Cashing Out
Like any feature available at sports betting sites, there are pros and cons to using it. Here are some of the benefits and drawbacks of settling your bets early with the cash out function.
Pros and Cons of Cashing Out
- Receive profit for what could be a losing bet – In the best case scenario, you could cash out a bet for profit before your selection goes on to lose.
- Flexibility – Betting sites with cash out offer greater flexibility. Instead of sitting back once a match kicks off and hoping for the best, you can instead assess the strength of your bet in response to the ebb and flow of the game and adapt accordingly.
- The cash out value isn’t always high – You may sometimes find that the cash out amount offered is unexpectedly low, given the likelihood of your bet coming good. If your bet goes onto lose, it can be frustrating to not have been given a good cash out offer.
- Could lose out on potential winnings – In any scenario where you choose to cash out, you run the risk of missing out on the full profit if your selection goes on to win.
Best Cash Out Betting Sites
Cash out is a key feature with top betting sites, as they recognise the value of punters having greater flexibility with their selections. Partial cash out and auto cash out are also commonly found at the top online bookmakers.
Let’s take a closer look at some of the best cash out betting sites available to UK punters.
Bet365
Bet365 is one of the best betting sites with cash out thanks to its widespread availability. Partial cash out and auto cash out are available on the majority of markets, so you have maximum flexibility over your bets. Bet365 offers regular promotions such as accumulator bonuses, along with a solid welcome offer of £30 in free bets when you sign up and bet £10.
Pros and Cons of Using Bet365
- Great range of cash out features
- Lots of top promos
- Fewer payment options than competitors
BoyleSports
BoyleSports offers cash out on most of its sports markets, including for football, tennis, GAA, snooker, darts, rugby, cricket, golf, baseball and basketball. Cashed out bets do not qualify for bonuses or refunds, nor towards turnover requirements, and you also can’t cash out an each way bet. Still, there’s an excellent bet £10 get £40 in free bets welcome offer up for grabs, along with lots of ongoing promos for horse racing in particular.
Pros and Cons of Using BoyleSports
- Wide range of sports markets
- Great for horse racing and GAA fans
- More cash out restrictions than other sites
- FAQs could be improved
William Hill
William Hill offers full cash out and partial cash out on a wide range of sports markets. Again, £30 in free bets is up for grabs if you sign up and bet £10, but you’ll need to use a debit card to qualify. Once you’re registered, there’s an excellent range of promos including horse racing and greyhound bet boosts, top price guarantee, and acca insurance if one leg lets you down.
Pros and Cons of Using William Hill
- Solid welcome offer
- Excellent market coverage
- Only debit card deposits eligible for the welcome offer
- No auto cash out
How to Use the Cash Out Feature on a Betting Site
Using the cash out function is nice and straightforward — here’s a quick rundown of how it’s done.
Popular Sports Where You Can Cash Out
The cash out feature is on hand for a wide variety of sports, but it’s most likely to be available on the most popular markets on the site. Here’s a taster of some of the big sports where you’re likely to see this option.
Football
Fancy a flutter on the Premier League or the Champions League final? Betting sites with cash out will give you the opportunity to settle your bet early on a huge range of markets, including half time/full time and both teams to score. So, if you change your mind about the outcome of the match as you’re watching, have a look and see what cash out value you’re being offered.
Horse Racing
Horse racing events offer plenty of opportunities to use cash out. Naturally, shorter races won’t offer much time to act, but it’s handy to have the option pre-race and for longer events like the Grand National. Auto cash out can prove useful if you think your horse could take the lead but not necessarily hold on to win the race.
Tennis
Tennis is another popular sport at the best cash out betting sites. With many tennis matches lasting several hours, there’s plenty of scope to follow along and make a decision about whether or not to cash out. Look out for great tennis promotions in the run up to the Grand Slams — the Australian Open, French Open, Wimbledon, and the US Open.
Golf
With golf, you’re often betting on the big picture, such as which golfers will go onto win the major tournaments. This gives you plenty of time to consider the course of your bet and decide whether or not it’s best to cash out. Of course, there are plenty of opportunities to make short-term bets too, such as the winner of the next hole.
Payment Methods at Cash Out Betting Sites
Once you’ve cashed out, the funds will sit in your account balance until you initiate a withdrawal.
Betting sites with cash out typically offer a wide array of options for both deposits and withdrawals — each one comes with its own benefits and drawbacks, so it’s worth considering which suits you best. Here’s a quick look at the most common methods available.
Debit Cards
Visa and Mastercard debit cards are ubiquitous at cash out betting sites, so you’ll never be stuck when it comes to making a payment. Debit cards are also always accepted for claiming deposit bonuses, so you can always benefit from any rewards that are up for grabs. The main drawback of debit cards is the slow withdrawals, which can take up to five working days to be processed.
PayPal
PayPal is a sound alternative to debit cards if you’d prefer not to share your bank details, or you’d like faster withdrawals. With PayPal, you can make deposits and withdrawals simply by logging in using your email and password. Withdrawals are often delivered instantly once processed by the bookmaker, minimising the time between cashing out and having access to your winnings. However, PayPal is sometimes excluded from claiming deposit bonuses.
Trustly
Trustly uses Open Banking to act as an intermediary between cash out betting sites and customers’ bank accounts. To make a deposit or withdrawal, you won’t need to create any additional accounts or provide your card details. Instead, you’ll confirm the payment simply by logging into your online bank account via Trustly’s secure portal.
Skrill
Skrill is another popular e-wallet that serves as a solid alternative to PayPal. There are some fees involved when withdrawing funds from the wallet to your bank, but there’s a greater range of loyalty rewards with Skrill when compared to PayPal. On the whole though, the benefits are mostly the same — you’ll enjoy fast withdrawals without sharing your card details with the betting site. Be sure to check the T&Cs before depositing through, as Skrill is often excluded from claiming bonuses.
Frequently Asked Questions
What is cash out?
Cash out is a betting feature that allows punters to settle their bets early. In doing so, they secure a sum that is offered by the bookmaker, which may be more or less than their original stake.
When am I able to cash out my bet?
You can usually cash out your bet before a match starts and at any time during the game, other than when betting is suspended.
What sports can I cash out on?
Most of them! But you may find that the most popular sports are more likely to have the cash out option available.
What markets is cash out available on?
Cash out betting sites offer this feature on most markets, particularly popular ones like the team to win and both teams to score. At top sites like bet365, look out for the cash out symbol to easily see whether a market is covered.
What betting sites offer cash out?
Some of the best cash out betting sites in the UK include Bet365, Boylesports, and William Will.
How is my cash out value calculated?
The cash out value is calculated based on the amount staked, the odds at the time the bet was placed, and the current odds at the time of the cash out.
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