trophy

BOOKMAKER OF THE MONTH

Cash out – Valuable tool or harmful weapon?

how to cash out strategyThe term cash out has been shrouded in a mist of misconception ever since it was introduced in the betting industry. It’s advertised as an additional option for a player who wishes to fortify his bankroll, by taking advantage of favorable betting conditions during a match. But is this the truth, or as many punters claim "a cunning bookie plan devised to reduce your profits"?

You can actually find convincing arguments supporting both opinions. Having the option to “lock” your profit anytime, and not wait until the end of the match, can be really is tempting. Obviously, your profit is smaller compared to what the initial odds would pay, however, the variable of playing time works in your favor, as you take matters into your own hands and choose the best time to cash out.

Cash out adversaries argue that the ultimate goal is to convince players to change their bets during the match and get far less money. Betting sites takes advantage of the player’s fear of missing the entire stake, so even before a match starts, they “offer” an alternative, thus clouding his mind with thoughts of doubt from early on. One thing is certain; similar to cash out refinance in investing, you have to be absolutely sure when to go ahead with cash out betting, as it can impact both your short and long term winnings.

So, what is the cash out?

The exact cash out definition is rather simple: It’s a product offered by the online bookmaker’s which permits you to “close” the staked bet anytime you like during the match. This means you can claim a safe profit, albeit less compared to winning at full time, or reduce your losses by getting back part of your stake back in case of unfavorable conditions.

How does cash out work? You simply press the according button and agree to “close” your bet at the mentioned amount. This amount depends on how the match is unfolding and can be more, less or exactly the same as your stake.

Cash out strategy

There are 3 basic strategies for cash out. They include cashing out on live events, acca bets & partial cash out:

When to cash out

  • Bet in play cash out: The ideal timing for enabling the cash out service is when the current score is favoring your choice, but you’re afraid the opposition will level the score. Of course, you cannot be certain of anything, meaning that live cash out is a matter of instinct than a result of calculated research.

If you use the cash out service only based on what you see on your screen, you’ll be faced many times with a common uncomfortable situation. You will either cash out and feel "the bettors remorse" because nothing changed or stick with your bet and lose the entire stake due to a late goal.

Your best bet is to weigh the available data: Take into account the current score & match data and assess the actual possibilities. Last but not least see if the amount you’re offered feels right. If you decide that cashing out is worth it, then you should proceed and not regret about it. There’s no use lamenting over a mistimed cash out.

  • Cash out on accumulators: This looks more tempting, especially if you're waiting for a late match on your acca bet and have won the rest. In this case you have to calculate the risk: Is the amount offered similar or greater than the total profit you’d gain without the pending match? If it’s equal or bigger, it’s worth cashing out, regardless of the expected profit of your initial bet.

If all of your acca matches begun at the same time, you should really consider cashing out if you’re in the late stages of the second half and all your matches are winning. Remember, the actual winning possibilities of a three fold football-match acca bet are only 3,7% and 1,23% for four matches.

  • Partial cash out: This might seem a bit complicated, however, it's really easy to comprehend. A partial cash out will split your bet into two bets: A cashed out one and a running one. You “lock” a portion of your profit and leave the rest running. In any case, the profit you pull out shouldn’t be less than your initial stake, as in any other case you're making a bad trade.

When NOT to cash out

It’s hard to argue for or against the cash out service, without having specific data to back your opinion. It’s obvious that the decision is personal and taken as a result of many variables, equally numerous and diverse for every match.

  1. Don't let fear guide you. You should see the cash out service as a new "agreement" between you and the bookie and independent of your initial bet. Don’t be afraid of losing your money or missing the chance to “lock” some money that you practically have not yet received. Before you placed the bet, either before the start of the event or in-play, you reckoned the risk of losing your entire stake and decided it was worth it.
  2. Pick your moment. The match is running, so anything can happen at any time. However, before you cash out you should take some time to calculate your winnings and whether cashing out is worth it. This will require some seconds, perhaps even minutes. Even if the opponents score and you lose your wager, it’s better to miss an unprofitable cash out than to take hasty decisions due to the pressure of the match.

It’s better to deal with this service as if you're placing a new bet. The bookie makes an offer based on actual numbers (the current 1X2 odds of the match). When you compare profit to probability and find it’s not worth it, you shouldn't proceed.

Betting sites with cash out

Almost every online bookmaker nowadays allows you to cash-out on your bets. It’s hard to say exactly which ones will give you more money, however, the Bet365 cash out is well known for having large amount limits on your accumulators.

Bookmakers Why to Bet Why to Bet Bookmakers Rating    
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 1. 10.000 live events per month
  • 2. 40+ sports
  • 3. Bet Builder
888sport
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
FEZbet
  • Cashout
  • Next Minute bets
  • Fast Markets
  • 1. Cashout
  • 2. Next Minute bets
  • 3. Fast Markets
FEZbet
Review Bet Now
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 1. 50+ sports
  • 2. Cards & Corners
  • 3. Edit my bet
Bwin
Review Bet Now
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • 1. High odds on football
  • 2. Huge variety of betting markets
  • 3. Intriguing welcome bonus
Librabet
Review Bet Now
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • 1. Ideal for football lovers
  • 2. 150+ extra bets on top leagues
  • 3. Multiple Asian handicap markets
Bet365
Review Bet Now
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 1. 250.000+ pre-match events/year
  • 2. 10.000+ live events monthly
  • 3. 96%+ on Asian Handicaps
Unibet
Review Bet Now
FortuneJack
  • Betting in anonymity
  • Extra security with 2step authenticator/sms 
  • Cash out/partial cash out
  • 1. Betting in anonymity
  • 2. Extra security with 2step authenticator/sms 
  • 3. Cash out/partial cash out
FortuneJack
Review Bet Now
Bookmakers Why to Bet Why to Bet Bookmakers Rating    
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • 1. 10.000 live events per month
  • 2. 40+ sports
  • 3. Bet Builder
888sport
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
FEZbet
  • Cashout
  • Next Minute bets
  • Fast Markets
  • 1. Cashout
  • 2. Next Minute bets
  • 3. Fast Markets
FEZbet
Review Bet Now
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • 1. 50+ sports
  • 2. Cards & Corners
  • 3. Edit my bet
Bwin
Review Bet Now
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
  • 1. High odds on football
  • 2. Huge variety of betting markets
  • 3. Intriguing welcome bonus
Librabet
Review Bet Now
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • 1. Ideal for football lovers
  • 2. 150+ extra bets on top leagues
  • 3. Multiple Asian handicap markets
Bet365
Review Bet Now
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
  • 1. 250.000+ pre-match events/year
  • 2. 10.000+ live events monthly
  • 3. 96%+ on Asian Handicaps
Unibet
Review Bet Now
FortuneJack
  • Betting in anonymity
  • Extra security with 2step authenticator/sms 
  • Cash out/partial cash out
  • 1. Betting in anonymity
  • 2. Extra security with 2step authenticator/sms 
  • 3. Cash out/partial cash out
FortuneJack
Review Bet Now

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

If we are going to be completely honest with ourselves, we have to confess that many times we do not bother with reading some really important details...

Read more »

Live streaming is arguably one of the best features that online bookmakers have ever implemented. It allows you to watch live action from countless sp...

Read more »

You can’t hope to achieve much success in betting on tennis without thorough preparation. That preparation begins with understanding both X’s and O’s ...

Read more »

Ice hockey is sometimes referred as “the fastest game on earth” and has some of the most passionate fans among all major team sports. Due ...

Read more »

Few other sports can offer such upsets like football does. We’ve seen Leicester City win the English Premier League and witnessed the Champions ...

Read more »

If you have been interested in horse racing for any length of time, then you are bound to have heard ante post horse racing mentioned. You need to kno...

Read more »

The referee blows the final whistle. The last chance for winning your bet is lost. The ball licked the post on its way out, but did not go in. Can you...

Read more »

If you are familiar with investing or have a knack for history, then you must have heard how Dutch traders dominated the 17th century world economy. I...

Read more »

Do you often feel like placing a match win bet on a specific team, only to stop at the last moment because of the high risk of a draw? Well, if you un...

Read more »

Live betting is something like travelling to the Far West about 150 years ago: An exciting adventure, a trip to the unknown, full of amazing opportuni...

Read more »

Latest Betting Offers

Maximum bonus amount is 300€, 'draw no bet' selections are not valid, bonus amount must be wagered 15 times at odds of 2.00 or higher, within 14 days.  

Minimum deposit is 10 euros. Minimum odd to bet the bonus on is 1.50 or higher. Bonus must be wagered 10 times. T & C's apply.