Cash out betting (or simply ‘cashing out') involves settling your bets early, and is a feature found on almost all top betting sites. Below you will find the top bookies based on which stand out for their Cash Out feature and listed any other additional perks which make the bookie compete with the best of the best.
Best Betting Sites With Cash Out
18+ New customers only. Opt in, and bet £10 on football markets (odds 2.00+). No cash out. Get 6x£5 football free bets at specified odds for set markets, which expire after 7 days. Offer valid from 12:00 UK Time on 25/08/2023. Card payments only. Full T&Cs Apply | begambleaware.org | Please gamble responsibly. . Click for full T&Cs. BeGambleAware.org #ad
18+, UK only. Deposit and place a minimum £10 cash bet at single or accumulated odds of 1/1 or greater and we will give you 1 x £5 in free bets plus an extra 3 x £5 Free Bets the following day. Applies to first cash bet only. Free bets credited as 4 x £5 bets to use on 3x Any sport & 1x Virtuals. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. 1 x £5 Free Bets are credited upon qualifying first bet settlement, other free bets credited by midday the day after your first bet settles. 7-day free bet expiry. Available once per customer. This offer cannot be combined with any other promotion. Full T&C's apply. BeGambleAware.org #ad
18+ | New players only | Available until 23:59 GMT 31.12.2025 Each challenge has its own TCs. Eligible Bets must be placed for each respective Challenge during the Promotional Period including the following: ACCA, Football, In-Play, and Casino. Each challenge has its own set of TCs and can only be completed 1x. Available to claim: 20 Free Spins, £10 Free Bet, 50% Back up Free Bet up to £20, £10 Casino Bonus when you wager £50+. If all are completed you will receive Max £20 Free Bet to be used on any sport. Gamble Responsibly. Full T&Cs apply. BeGambleAware.org #ad
Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+Full T&Cs apply. BeGambleAware.org #ad
New customers & 18+ only. Min. deposit of £10. Qualifying real money bet of £10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer awarded immediately but could be issued the next working day in exceptional circumstances such as technical fault. Full T&Cs apply. BeGambleAware.org #ad
18+ New UK+ ROI Customers only. Deposit & Bet min £5 as first bet at minimum odds 1/2 to qualify for 1x £20 Free Bet. Certain deposit methods and bet types excluded. Free bet valid for 7 days, stake not returned. Restrictions apply. Full T&Cs apply. BeGambleAware.org #ad
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. BeGambleAware.org #ad
18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. BeGambleAware.org #ad
New UK customers (Excluding NI) only. £20 in FREE Bets (FB) as £10 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify. 18+. Full T&Cs apply. BeGambleAware.org #ad
New UK, IE & Malta customers only. Offer available between 16:00 BST on 11th July 2023 and 16:00 BST on 26th October 2023. Min £10/€10 first deposit in a single amount to be eligible for the offer. Max £30 in Free Bets. £10 bet at min odds of 1.5 required to receive £10 Free Bet. A further £10 Free Bet will be credited to your promotional balance 7 days after the first qualifying bet and then a further £10 Free Bet will be credited 14 days after the first qualifying bet. Free bets expire in 14 days after credited. Payment Terms and Conditions apply. This promotion cannot be used in conjunction with any other sign-up promotion. Full T&Cs apply. 18+. BeGambleAware.org #ad
Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. This is offer is valid for 7 days from your new account being registered. 50 Bonus Spins credited on placement of qualifying Acca bet.50x bonus wagering applies as do weighting requirements, bonus Spins only available on selected games and expires 7 days after being awarded. Debit card deposits only (exclusions apply). 18+. Full T&Cs apply. . Bet The Responsible Way. Full terms apply. BeGambleAware.org #ad
Key terms – New players only. Claim by placing a min deposit £10 via “My Offers” page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+ | BeGambleAware.org | LeoSafePlay.com | Play responsibly! Full T&Cs apply BeGambleAware.org #ad
18+ Opt in & bet £20 on any sport at 2.00+ odds within 7 days. No Cash out. Get 2x £10 Free Bets on any sports market. Free bets expire in 7 days. Card payments only. T&Cs apply. begambleaware.org | Please gamble responsibly. #ad
18+ | New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | Full T&Cs apply. BeGambleAware.org #ad
Significant T’s & C’s The User must enter Bonus Code ‘COMMFREE90’ during registration Only available to users whio deposit via credit or debit cards New Customers Only. Full T&Cs apply. BeGambleAware.org #ad
New bettors get 50% of deposit up to £50; Code: PLAY10; 1x per household; Min deposit £15 (no Skrill/Neteller); Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; valid 60 days; Min odds 4/5 singles, 2/5 per acca leg; Some bet types excluded; See full terms 18+ #ad
Use code COMMFREE to trade with 0% commission for 60 days. Min. £10/€10 first deposit using Debit Card or Instant Banking. Full T&C’s apply.18+. BeGambleAware.org. Full T&Cs apply. 18+ BeGambleAware.org #ad .
NEW CUSTOMERS ONLY. MAX ONE £25 FREE BET. MIN QUALIFYING STAKE £15. QUALIFYING BETS MUST BE PLACED AT ODDS OF 1/1 (2.00) OR GREATER. PAID AS BONUS TOKEN WITH MIN 4/5 (1.80) ODDS REQ. SKRILL, NETELLER & PAYPAL ARE NOT ELIGIBLE. Full T&Cs apply. BeGambleAware.org #ad
What Is Cash Out Betting?
Before cash out, the way betting worked was simple. You placed your wager, and when that market was settled, you won or lost. But things were about to change. Cash out betting changed the game – you can now take your money before the market was settled.
And what if your wager looks likely to lose?
If you were on the end of a losing cash out bet, this meant you could recover some of your losses. You could also place a cash out bet when winning and receive more than your stake, but less than your return.
Cash Out Betting Example
Taking a football betting game as our example, in a Premier League match between Manchester United and Sheffield United, three goals were scored with a final result of 2-1. Manchester United scored once in the 64th minute, and Sheffield United scored in the 23rd and 74th minutes. After the third goal, someone who backed Sheffield United to win could use a cash out bet for a guaranteed return. If you decided you would like to take your winnings at that amount, then you would go to the cash out betting button. This would tell you the amount being offered.
If you hit the online betting cash out button, you will receive the amount of money offered.
How Betting Sites With Cash Out Calculate Their Odds
How much you get depends on whether your bet is winning or losing. However, there’s plenty of scope within the exact figures. The way this works is simple – it depends on how likely that result is to change.
For instance, if your backed team is three goals up, then you would get a higher offer than if they were one goal up. Similarly, if you had backed a player to score anytime, you would likely see the offered cash out bet amount go down as the minutes dwindled.
We also want to note that there are different types of cash out options offered to players, including partial cash out and auto cashout. So, when cashing out, if available on the bookie, you can choose which you would prefer to opt for depending on what you would like to achieve.
Partial Cash Out
Similar to Cashing out, players also have the option to partially cash out, but what exactly does that mean? Read on to find partial cash out explained.
What is Partial Cash Out?
Partial Cash Out is where you only cash out part of your stake and leave the rest on the bet. It can give you more control over your betting. Using partial cash out would split them into two different bets: one which you have now cashed out and is completed, and another that is still dependent on the final result. This is commonly used on the best online football betting sites.
Partial Cash Out Betting Example
An example of using partial cash out would be, you've placed an outright bet of £10 on Manchester City to beat Arsenal. During the match, you decide you want to claim back half of your bet, £5, as you're doubting the chance of the final total score remaining in your favour, but you're feeling 50/50. So, instead of opting to cash out fully, you choose to take half of your winnings and leave the rest to ride it out in order to spread your level of risk. This means you still have £5 on Manchester City to beat Arsenal.
Keep in mind you don't have to partially cash out 50% of your stake, this is merely an example. You may choose to use a partial cash out calculator to help determine the outcome. The amount is up to you and the minimum amount may vary depending on your bookmaker, usually 10%.
When opting for Auto Cash Out, you tell the betting site at what profit level you would like your bet to be cashed out at. Once the cash out betting offer hits that amount, it will do so automatically. This means you can just sit back and watch the game.
When Should I Cash Out My Bets?
There’s more than you’d expect.
Every game represents a whole bunch of cash out betting opportunities. For the sake of simplicity, we'll stick with one example.
We have a 2-1 result between Manchester United and Sheffield United, with the latter coming out on top. Sheffield United scored in the 23rd and 74th minute, while Manchester scored in the 64th.
So, how about some examples of when different bettors may have wanted to cash out during that game?
Do note this does not always mean the best result, but is intended to run through scenarios of how different people use cash out, and what would be a good strategy.
1. When you are ahead and want to cash in what you have
Manchester United were never ahead during this game, so, we’ll have to go with someone who backed Sheffield United.
We’d say your wisest choice for cash out betting here would have been after the first goal. There was still a lot of time to go and Sheffield were underdogs, meaning the price would likely have been good.
2. When you are ahead and want to cash in what you have: losing game
We’re changing the game for this one.
Just in this instance, we’ll give you an example of one of the key benefits which did not apply to the Manchester/Sheffield example.
Burnley and Aston Villa went 3-2, with Villa scoring first but eventually losing the game.
When Villa was ahead, a cash out at that time would have meant getting back more than your stake, even though that bet lost in the end.
3. When you’re behind and want to prevent further losses
From the perspective of Manchester United, any kind of cash out would be preferable to seeing this game through. Your best payouts would be at the start of the game and right after the goal in the 64th minute.
4. Strategic payout based on an exact sum, either automatic or manual
If you had auto-payout set up, you would almost certainly have received a payout based on Sheffield United’s performance.
This would be a clever way of approaching this game, perfect for use with our football prediction tool KickForm. While it looked unlikely for Sheffield to win, there was a good chance they performed well enough to hit several generous automatic payouts.
5. Partially to hedge your bets
A partial online betting cash out may have been the smartest strategy for this cash out bet.
Yes, you read that right.
Sheffield backers could have cashed out a percentage after the first goal and let the rest ride, leaving a tidy profit but also a solid backup plan in case things did not go their way.
6. As part of a multi-bet
Often, a cash out is based on a multi-bet strategy, whether that be a double bet or more. An automatic cash out is great for this, because you can utilise this tactic without needing to be on the button every game.
How does that work?
In either case, the correct use of online betting cash out could help out a lot here. If you cashed out backing Manchester, your losses would not be enough to dismantle your overall strategy. While for Sheffield, they could have safely netted a profit and set you towards overall success.
When Not to Use Cash Out Betting
There’s more to this than meets the eye.
Part of good strategy is knowing when not to cash out a bet, especially when the operator provides you with bad odds. Just like regular odds, as you can see from our odds comparison, there is a varying degree of quality.
Having these betting odds explained can often be much harder to comprehend than pre-match odds, because they are in a fast-moving environment. You don’t have time to check the overround or against other best cash out betting site candidates.
So, what’s the best tactical approach?
The best you can do is decide what amount of payment is acceptable to you and to go with the best cash out betting site options.
Another example includes when it doesn’t fit in with your strategy. And naturally, if the answer to the question “which betting site has cash out” is not the one you’re betting on, you’re left without a choice.
Also, when the live performance isn’t up to scratch. The quality of live betting is vital to being able to respond swiftly and effectively with cash outs. If there are slowdowns, you may miss out on opportunities. This is very common during live streaming.
When Is Cash Out Available?
One of the things we considered carefully when coming up with our top ten list was how regularly cash out is available. There’s not much in the way of a hard and fast rule for what markets will utilise this feature – it is entirely down to the betting sites with cash out to decide.
However, there are specific sports where it is more likely to be featured on. We chose football for a reason. Rest assured, though, that if you want to try online betting cash out options on the best rugby betting sites, for instance, you’ll find plenty of opportunities to do so.
This is one feature that keeps getting better and better.
The Importance of Mobile
The combination of mobile betting and cash out betting is one of the most important. Being able to cash out your bets at the touch of a button during live play is something that still astounds us. We can think of no finer example of just how far online betting has come.
With that said, there’s no doubt this can push many operators to their limits. That’s why our top table picks have also been checked for their technical performance on mobile.
Recommended Apps For Cash Out Betting
In fact, we think that cash out betting apps are so important that we felt it was not enough to merely mention them. We understand that the experience of betting on desktop and on mobile can be vastly different and that the best for each can also be distinct, although there can be some crossover.
That’s why we’ve dedicated an entire page solely to helping you find the finest cash out betting apps for everyone who prefers betting on the small screen, taking into account not only all the things which make a traditional betting site great for cash out, but also all the additional challenges the operator faces in making cash out practically perfect on the small screen, whether that is a phone, tablet, or any other kind of mobile device.
Why Do Bookmakers Offer Online Betting Cash Out?
Something we are often asked when it comes to cash out betting is why betting sites with cash out would bother.
Put simply, what’s the catch?
To us, it is clear that competition is the primary motivation behind the emergence of cash outs.
It’s a popular, attractive feature, and every bookmaker out there is doing everything they can to stand out as the best cash out betting site for you.
Cash Out Betting FAQs
Cash out is where you take a return before the bet is settled. You could end up with less or more than your initial stake, but less than your full potential return. It is based on the comparative odds of that prediction being successful.
Cash out is generally available on the best mobile apps wherever it is available on desktop.
There are two possibilities here. One is a technical glitch, and the other is that betting sites with cash out may not wish to offer you anything at that time. This often happens when the result is all but certain.
ThePuntersPage Final Say
Cash out betting is more than just a fantastic promotion. It has fundamentally and permanently changed the way we bet. No longer do decisions have to remain set in stone until all is said and done; the entire betting process has become much more fluid and negotiable.
Adding whole new layers to every punter's experience, cash out betting is a truly amazing feature.