Cash Out is a real-time bet settlement feature. It allows you to choose to take your winnings or cut your losses, prior to the end of the event. The amount you can Cash Out depends on your wager and the In-Play status of your bet.
You can also choose to do a Partial Cash Out. It lets you choose how much you want to Cash Out, while the remainder of the wager runs for the rest of the bet. You can do this as many times as you want by setting the amount you want to Cash Out by using the slider bar.
What are the advantages of Cash Out?
- You can get your winnings before a game finishes
- You can cut your losses
- You Cash Out amount will be available straight away in your account balance
- You have the opportunity to place a new bet as soon as you have Cashed Out
Example 1:
You wager $10 on the Eagles to win @ +200 against the Cowboys.
The Eagles score two touchdowns in the beginning of the 4th Quarter and take a decisive lead. Since the Eagles chances of winning are favorable, your Cash Out value would be roughly $15. You now have the option to either Cash Out and receive $15, or you can wait and hope that the Cowboys don't come back, to collect the full amount. In this instance, if you accept to Cash Out you would have profited $5 (your $10 wager, plus $5 winnings).
The Eagles are down 38-6 in the 4th Quarter, and your Money Line bet is looking like it might lose. The Cash Out value at this point will be around $2 since the Cowboys have a decisive lead. To make sure your entire wager is not lost you can simply Cash Out and receive the $2.
Example 2:
You wager $10 on the 76ers -2.5 @ +250 against the Pistons.
At the halftime break the 76ers have dominated the game and are ahead by 28 points. The chances of you winning the bet are high and the Cash Out value would be roughly $32. You can Cash Out and receive your $32, or you can wait and hope that Philadelphia sees it through to the end. In this example, if you accept to Cash Out you would have profited $22 (your $10 wager, plus $22 winnings). If you opt to not use the Cash Out feature, and the 76ers old their lead and cover the spread, then your original wager returns $35, with a profit of $25.
The game is approaching the 4th quarter and things are looking bleak for the 76ers as they are down 18 points. Your bet looks like it might be lost. Luckily, you can use Cash Out. The value of the Cash Out, in this example, would be roughly $1. You can Cash Out or hope that the 76ers will turn things around and cover the spread.
The current Cash Out price will be displayed for eligible and unsettled bets in ‘My Bets’ and in 'Open Bets'.
Please note that the Cash Out scenarios above are just examples of how the Cash Out feature works. The amount you can Cash Out depends on many different factors such as your original wager but also the In-Play status of your bet. The availability of Cash Out is not always guaranteed, and Cash Out might be rejected if the bet is frozen, closed or if the odds have changed. To accept "Odds Changes", navigate to the Bet Slip and click on the Settings Icon, next to My Bets.