CASH OUT lets you take a return on your bet before the market for your chosen selection(s) closes.
What is CASH OUT Option?
CASH OUT allows you to take a profit if your selection is doing well, or minimize any potential loss should you think the bet is unlikely to result in a win.
This is when a punter can settle a bet before it has finished, such as cashing out a 6-fold accumulator with five legs already having been won and not wanting to risk the sixth leg winning also. You can CASH OUT on a winning bet in an individual soccer match too for example, and the CASH OUT price offered will naturally be lesser than risking the bet running to full time.
Note:
Some sportbook have a powerful feature that allows for partial cash out, full cash out, or enables you to set a rule for automatic cash out should your bet reach a certain value. With some sportbook, once you set a rule your bet will automatically cash out even if you are logged out.
Using CASH OUT Option to your Advantage
Make sure that you have an account that allows the ‘CASH OUT OPTION’. The availability of cash out will vary from bookmaker to bookmaker. The cash out option means you can withdrew a bet at any point before or during the match, if the match does not progress as expected. Some bookmakers have a powerful feature that allows for partial cash out, full cash out, or enables you to set a rule for automatic CASH OUT should your bet reach a certain value
After you have placed your bet/bets you need to keep track of the match. Use apps with match events alerts, to help you stay in touch with what is happening in the field of play, or simply watch the match. CASH OUT if the game does not unfold as planned.
If your team leads by a 1 or 2 goal difference, we strongly encourage you to withdraw the bet. Also, if you’re selected team, takes the lead at a later stage of the match. We strongly encourage you to withdraw the bet i.e. CASH OUT.
Never wait until the end of a difficult match, because anything can happen. It’s better to, CASH OUT a little profit than to lose the entire stake.
Timing is very important. As the likely chances of winning change, an offer for CASH OUT will increase, decrease or be removed altogether.
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