Betfred Cash Out – The Ultimate Guide (2020)

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:

  1. Log-in to www.betfred.com.
  2. Go to the ‘Cash Out Statement' page.
  3. Select the bet you wish to Cash Out.
  4. Click ‘Cash Out'.
  5. Confirm by clicking ‘Take‘.

Note: 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.

How To Cash Out With Betfred

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.

Best Betting Sites for Cash Out Betting in 2020

#1
Betfair
  • King of cash out betting
  • Cash out offered on Horse Races
  • Peer-to-peer gambling platform

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.

#2
Paddy Power
  • Part of the world’s biggest betting group
  • Great for football cash outs
  • Best odds online

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.

#3
William Hill
  • Fantastic cash out options
  • Quick sign up process
  • £30 in free bets
T&Cs APPLY, 18+ ONLY

New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.

#4
Betfred
  • Offer cash out on many markets
  • One of the most popular bookmakers in the UK
  • Daily price boosts

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.

#5
BetVictor
  • Cash out and partial cash out options
  • Regular specials with real time love odds
  • 24/7 Customer Support

New Customers opt in and bet £5 at odds 2.00+ within 7 days of registration; excludes cashed out bets. Get 2x £10 Free Bets, set events only at odds 2.00+ plus a £10 Casino Bonus, not for Baccarat, wager 35x to withdraw, game weighting: Slots/Instant Win:100%; Roulette/Table Games/Video Poker:20%; Blackjack:10%. Bonuses expire in 7 days. PayPal and Card payments only. Geo Restrictions. T&Cs Apply. 18+ begambleaware.org | Please gamble responsibly

#6
Coral
  • Established in 1926
  • Cash Out Specialists
  • Enhanced Accas

18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £5 a odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £20 credited as 2 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. 18+ T&Cs Apply.

#7
Ladbrokes
  • One of the longest running bookmakers
  • Huge range of betting markets
  • Bet £5 get £20 free bet

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.

#8
bet365
  • Live cash out betting available
  • Biggest online bookmaker
  • Live streaming on many sports
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.

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.