In this article, we explain all you need to know about Betfred Cash Out, including a step-by-step guide on how to use the feature as well as the key terms you should be familiar with.
As you'd expect from such a longstanding and reputable online bookmaker, Betfred offer Cash Out betting options, meaning punters now have even more control over their bets and no longer need to wait to pocket their profit.
What Is Betfred Cash Out?
With Betfred Cash Out, you have the opportunity to settle your bet early at the value displayed, without having to wait for the event to finish.
The amount you are offered to Cash Out is based on your original bet, the status of any selections which have already completed and the current market price/s of your unsettled selection/s. The Cash Out amount may be more than or less than your original stake.
Bets that are available to Cash Out can be found at any time in the Cash Out Statement page via the desktop website, mobile site and even the Betfred mobile application.
You can choose to accept the Cash Out amount offered at any time or let the bet continue to its natural conclusion. Whenever you are ready to Cash Out, just hit the Cash Out button to lock in a profit or cut your losses.
Cash Out is open to all customers.
Not Yet Joined Betfred?
Those currently without an account can take take advantage of the latest Betfred free bet offer of Bet £10 Get £30. Just place a £10 bet at odds of 1/1 (2.0) or greater and Betfred will credit your account with £30 in free bets. There are also a range of Betfred promotion codes you can check out.
How To Cash Out With Betfred
Here’s how to Cash Out with Betfred:
- Log-in to www.betfred.com.
- Go to the ‘Cash Out Statement'Â page.
- Select the bet you wish to Cash Out.
- Click ‘Cash Out'.
- Confirm by clicking ‘Take‘.
Note:Â The Cash Out amounts displayed in the Cash Out Statement page do not update automatically. To update the amounts, you need to to refresh the page.
Why Would Cash Out With Betfred Not Be Available?
Betfred may not allow you to Cash Out your bet for a number of reasons. These include:
- Your bet contains markets that are not eligible for Cash Out.
- One or more of the markets in the bet is suspended.
- A free bet has been used to place the bet.
- The Cash Out value would be £0.
- One or more of the markets in the bet has closed but is awaiting settlement.
- Your bet has not yet started.
Betfred Cash Out Key Terms
- Available online and on mobile.
- Available on selected events, fixtures and markets.
- All Cash Out requests are subject to a time delay.
#1
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T&Cs APPLY, 18+ ONLY
New Customer Offer - Open to new accounts only. Deposit £20 and turnover your deposit five (5) times on the Sportsbook - trebles and accumulators (with three or more selections only), minimum odds each selection 1/2 (1.50) - and you’ll receive a £20 Free Bet. Additional deposits may be required in order to fulfil the turnover conditions, which must be met within 90 days of depositing. Bets placed using Free Bets or Bonus funds, or bets that have been Cashed Out, do not count towards turnover requirements. The Free Bet will expire seven days after being credited and can only be placed as a win only single bet on the Sportsbook. Free Bet stake not included in returns. #ad |
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#2
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T&Cs APPLY, 18+ ONLY
New customer offer. Place 5 x £10or more bets to receive £20in free bets. Repeat up to 5 times to receive maximum £100bonus. Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs apply. #ad |
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#3
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T&Cs APPLY, 18+ ONLY
Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. #ad |
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#4
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T&Cs APPLY, 18+ ONLY
Only available to verified customers registered from 12.12.20 to 12.03.21. Place a first sports bet (min. £20; min. odds per selection - 1.8). Get £10 in free sports bets + 10 free spins on eligible NetEnt games if you lose. Get 10 free spins on eligible NetEnt games if you win. T&Cs apply. 18+. Please gamble responsibly. BeGambleAware.org #ad |
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#5
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T&Cs APPLY, 18+ ONLY
New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Apple Pay will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply. #ad |
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#6
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T&Cs APPLY, 18+ ONLY
18+. Play Safe. New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. #ad |
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#7
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T&Cs APPLY, 18+ ONLY
18+ | New players only | Min deposit req. £10 ; excludes deposits via Neteller/Skrill | Min Odds 1/1 (2.0) | Max FreeBet £5 | Excl Horse Racing | T&Cs apply #ad |
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#8
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T&Cs APPLY, 18+ ONLY
New UK & NI customers only. promo code ‘SPORTS60’. Deposit & place first sports bet of £10+ in one bet transaction, at odds of Evens (2.0) +. settled within 60 days. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement, 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 60 Free Spins on Justice League Comics. 7-day expiry.Full T&Cs apply. #ad |
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#9
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T&Cs APPLY, 18+ ONLY
18+ New Customers only. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days.  Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250. PayPal and Card Payments only. Geographical Restrictions and T&Cs Apply. Please Gamble Responsibly. #ad |
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#10
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T&Cs APPLY, 18+ ONLY
18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 7 days, stake not returned. No cash-out, restrictions & T&Cs apply. #ad |
ThePuntersPage Final Say
With Betfred Cash Out, you no longer have to wait for your bet to finish to pocket your profit if your bet is coming in or cut your losses if your bet is going against you. Simply choose the bet you want to Cash Out and you'll be paid the given amount regardless of the final outcome.
Still not convinced? Check out our detailed list of all the best cash out betting apps that you can download today.