In this article we explain all you need to know about Sportingbet, including a step-by-step guide on how to use the feature as well as the key terms you should be familiar with.
Just like many other top bookmakers today, Sportingbet offers Cash Out betting options for punters who would like more control over their betting experience.
What Is Sportingbet Cash Out?
Sportingbet offers a Cash Out feature on single and multi bets, which means that winnings incurred through these bets can be collected prior to the bets finalising. The winning amount would vary according to the actual odds. This enables punters to secure a positive outcome or reduce their risk.
Sportingbet provides the following example to further explain the Cash out feature:
You place a EUR 10 live bet on the Spanish national team to win against Italy at odds of 2.40.
– Scenario 1: after 30 minutes, Spain scores a goal and takes the lead (1:0). Since this increases the likeliness of your bet being won, we offer Cash Out of EUR 18. You have the option to either take a sure EUR 18 or wait until the end of the game, hoping Spain will still be in the lead then.
– Scenario 2: after 30 minutes, Italy scores a goal and takes the lead (0:1). Since it seems more likely now that your bet will be lost, we offer an Cash Out of EUR 6. You can now take EUR 6 to make sure that not all your stake is lost or hope that the run of play will change.
Not Yet Joined Sportingbet?
If you’re new to Sportingbet, make sure you benefit from their £10 Risk-free Welcome Offer when signing up!
How To Cash Out With Sportingbet
- Access “mybets” by tapping on ### in the top-left hand corner of the Sportingbet header or via your account menu.
- Select the filter “Cash Out” to view all bets with “Cash Out” option.
- Tap the yellow button (available under your bet) to initiate the “Cash Out” process for that bet.
- Confirm payout action.
- Upon successful execution, a confirmation message will be displayed.
Why Would Cash Out With Sportingbet Not Be Available?
- The respective odds have fluctuated.
- The bet has been frozen or closed.
- The bet was placed through a system bet.
- The bet was placed using a bonus offer.
- The bet was placed using a Free Bet.
- The bet was placed with PROTEKTOR.
Sportingbet Cash Out Key Terms
- The Cash Out amount is calculated based on current odds and is subject to change depending on when you choose to accept a Cash Out.
- When Cash Out is available for a placed bet, the corresponding symbol will be displayed in the ‘My bets’ section (live betting) or the Cash Out section (sports betting – prematch) of the bet slip.
- Single and multi bets are eligible for the Cash Out feature.
18+ New customers only. Opt in, bet £10 at odds 2.00+ within 7 days, no cashout. Get 3x £10 Free Bets, set events at odds 2.00+. Plus a £10 Slot Bonus, selected games, wager 20x to withdraw max £250. Plus 100 Free Spins. 100 Free Spins have no wagering. Bonuses and Spins expire in 7 days. Card payments only. Please Gamble Responsibly. Full T&Cs apply. BeGambleAware.org #ad TCs 18+ New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 35x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. T&Cs Apply, see below. BeGambleAware.org | Please gamble responsibly 18+ Min deposit requirement. Free Bets are paid as Bet Credits and are 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 Full T&Cs apply. BeGambleAware.org #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 1/5 (1.5) for each selection | Max FreeBet £20 for football only | FreeBet valid for 7 days| FreeBet stake not returned | Full T&Cs apply. BeGambleAware.org #ad New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ Full T&Cs apply. BeGambleAware.org #ad 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. See full terms below. Full T&Cs apply. 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 *New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. 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 18+ 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+. Full T&Cs apply. BeGambleAware.org #ad Full T&C’s Apply. New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry. 18+. Please Play Responsibly. BeGambleAware.org. #ad New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply. BeGambleAware.org #ad 18+, new customers only. Min wagering on sports £10. Max one £15 free bet. Qualifying bets must be placed at odds 1/1 or greater. Paid as bonus token with min 4/5 odds required. Selected payment methods only. Bet expires after 14 days of being credited. 18+ New UK+IRE Customers only. Certain deposit methods & 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 cashout, restrictions + Full T&Cs apply. BeGambleAware.org #ad 18+ begambleaware.org; New bettors get 100% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; Free spins validity: 7 days; Free spins max. winnings = £100; See full terms; Terms apply; 18+ #ad 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. Full T&Cs apply. BeGambleAware.org #ad • New UK customers only. Register using the promo code BETFRED60, deposit, and place first bet of £10+ on Sports (cumulative price Evens+) within 7 days of registration.
• First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto, and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement.
• Further £20 in Free Bets credited 5 days after settlement. 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+ Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days. To withdraw bonus/related wins, wager bonus amount x40 within 14 days. Wagering requirements vary by game. Deposit methods, Withdrawal restrictions and Full T&Cs apply. BeGambleAware.org #ad 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Neteller,Skrill and Paypal not eligible. Full T&Cs apply. BeGambleAware.org #ad 18+ | New players only | Min deposit req. £10 ; excludes deposits via PayPal | Max stake £10 | Min Odds 1/1 (2.0) | Max FreeBet £10 | Excl Horse Racing | Full T&Cs apply. BeGambleAware.org #ad 18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. No deposit required for NI customers. Call 08081699314 to claim. Full T&Cs apply. BeGambleAware.org #ad The Promotion operates as a £/€20 Surprise Bet when you place a bet of at least £/€10 on any market with odds greater than or equal to 1.50 as your first bet. The Promotion is only valid to: (a) new customers; (b) customers aged 18 years or over. To qualify for the Promotion, participant must deposit and place a £/€10 bet as their first bet on any market (excluding each way) in the sportsbook with odds greater than or equal to 1.50. Full T&Cs apply. BeGambleAware.org #ad
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ThePuntersPage Final Say
Sportingbet’s Cash Out feature is a great option for anyone who would like to minimise their risks when playing, or guarantee winnings.
Natalya is a writer and content creator with experience writing across the sports betting and financial sectors. When not writing, Natalya can be found illustrating or snapping a multitude of photographs.