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 advantage of the latest Betfred Bet £10 Get £40 welcome offer. Just place a £10 bet at odds of 1/1 (2.0) or greater and Betfred will credit your account with £40 in bonuses. There are also a range of Betfred promotion codes you can check out.
“New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.”
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' page.
- Select the bet you wish to Cash Out.
- Click ‘Cash Out'.
- 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.
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.
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.