William Hill cash out gives you the option to settle bets early. If used correctly, it’s one of the most powerful tools in sports betting. We spent the last week testing and probing how this function works to bring you the ultimate guide, including a step-by-step walkthrough and our opinion on whether it’s any good or not.
What Is William Hill Cash Out?
Have you ever placed a bet and wished you could close the market after your team takes the lead? Well, with William Hill cashout, you have the power to do that. It’s a simple concept: place a bet, and at any time before the market closes, you can opt to close the bet, locking in a guaranteed return.
Let’s run through a quick example. You’ve placed a bet on Manchester United vs Liverpool for both teams to score. Your £10 bet is set to return £20 if you win. Twenty minutes in, and Manchester United get the first goal. They’ve battered Liverpool, and William Hill says they will give £15 if you settle the bet now.
You think, heck, that sounds like a good idea, as you can’t see Liverpool getting a goal the way they’ve been playing. You click the cash out button, take your £15 and sail off into the sunset without a care for the final score. That’s essentially how William Hill cash out early works.
Cashing Out with William Hill
Still unsure of what it’s all about. Don’t worry, we’ve been using William Hill cash out for ages now, and we’ll show you exactly what you need to do. It’s super simple, but the process is slightly different on the website compared to the app, so you get a walkthrough of each. You’re welcome!
How to Cash Out via William Hill Website
If you’re old school, like us, you’ll place most of your bets on the website. This guide is for you:
How to Cash Out via the William Hill App
The process to cash out at William Hill is very similar to using the app, but it’s not the same. So, here’s a look at how that works.
What is Partial Cash Out on William Hill?
Did you know that you don’t have to cash out your full bet? It’s possible just to do some and let the rest of it ride. Pretty cool, huh? This is how it works.
Let’s say you’ve placed a 5-fold acca on Saturday’s football. You’ve bet a tenner and stand to win a cool £200 if all five teams win. At half time, three of your teams are winning and two are still 0-0, so you’re looking sweet. The William Hill acca cash out currently sits at £100, which is half of what you could win.
With a partial cash out, you can adjust the amount you lock in and leave the rest ride. You could cash out for £50 and leave the rest of the bet to run. If it wins, you get the rest of the pot. If it loses, you still take £50 as that’s now locked in.
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The only issue with partial cash-out at William Hill is that not all bets qualify. In fact, when or why they offer you this option is a bit random. If this is a feature you want more regularly, with all bets, then bet365 would be a much better alternative. Here’s a look at the bet365 promo codes, if you need a new account.
Not Yet Joined William Hill?
This sportsbook has a decent range of promotions for new accounts, such as the Bet £10, Get £30 in free bets.
However, the casino is a much bigger and better reason to join the site, in our opinion. The welcome offer will bag you 200 free spins when depositing a tenner with our William Hill promo code. On top of this, you can claim existing player offers such as 100 free spins a day when you wager £50, and cash drops worth up to £5,000.
What Bets Can You Cash Out on William Hill?
The short answer is that most bets can be cashed out. What William Hill does well is easily show you which markets are eligible by including a little “£” image with arrows around it. If you see this, the markets are eligible.
We could spend all day covering all the sports and markets linked, but to give you an idea of the coverage, the table includes all the markets that you can use William Hill Plus cash out with for football betting.
When Should You Cash Out?
Before we jump into when you should cash out, we wanted to highlight that cashing out is an -EV play. Every time you bet, you pay a fee, essentially to the bookies. This can be called Vig or Juice, amongst other things, but it’s a slight decrease in what the true odds should be and is essentially their margin. When you click that cash out button, you’ve now paid vig on your first and the cashed bet. So, technically, you’re paying twice.
However, there are times when cash-out betting can work in your favour. For example, if you’ve bet on a team to win a footie match and they’re 1-0 with 10 minutes to play and getting absolutely pumped, it might make sense to cash out and lock in your profit.
It also works well for future or ante-post betting. Let’s say you’ve backed England to win the World Cup (hey, it could happen!) pre-tournament at 20/1 and they get all the way to the final, where they play top-ranked Brazil. The odds for them to win have been slashed to 4/1, meaning they are still an outsider but much shorter than the initial price. Again, this would be a decent time to consider the cash out.
Our advice would be to use it sparingly in situations where your bet is ahead, but likely won’t win.
Cashing Out While Betting In-Play
You can cash out when betting in-play, but it works differently from pre-game bets. All markets are highlighted, so you can see which will be eligible. But when you go to cash out, there will be a short delay of 2-10 seconds before the bet is cashed. This allows the market to react to changes that have occurred live but aren’t reflected in the odds.
You may also find that William Hill's cashout is suspended from time to time. This is normal, and again, it’s because something has happened (goal, booking, foul, sending off, etc.) that affects one or more of the markets for the game.
Why Would William Hill Cash Out Be Unavailable?
We’ve mentioned several times already that William Hill's no cash out options sometimes flag up. There could be multiple reasons, and they differ from bookie to bookie, so we’ve highlighted a few reasons why the William Hill cash out is not working below:
You can’t cash out any horse racing bets between 22:00 and 08:00 GMT. This includes all race and ante-post bets due to the markets switching from ante-post to the main card.
If the market you’ve bet on is suspended, cash out won't be available. You will have to wait until it goes live again, and the market has finished adjusting, for whatever event caused the initial suspension.
Any price boosts, #YourOdds, and price boost-flash cannot be cashed out. These are promo/featured markets, and the trade-off for getting slightly better odds is that you need to ride or die right until the bitter end.
If one of your acca bets is suspended, the whole bet will be suspended. For example, if you’ve a 4-fold on one team that has just scored, causing the markets all to go suspended, you won’t be able to cash out any part of that bet.
William Hill Cash Out Key Terms & Conditions
William Hill cash out comes with some terms and conditions that you need to be aware of. We’ve read through the lot, so you don’t have to. Here are the key takeaways:
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Each-way bets cannot be cashed out.
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Suspended bets as part of an accumulator will suspend any cash-out options.
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Cash out can be used as part of free bets, but it will be affected if your bet triggers a free bet promotion.
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Cash out can be used on all markets. Note: This does not mean it will be available on all games.
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For stakes below £20,000, cashouts will be capped at £50,000.
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For stakes of £20,000+, 2.5x the stake will be the max cashout at any given time.
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When an obvious error has been made with the pricing (palpable error), William Hill reserves the right to adjust the odds with the cash out based on this.
William Hill Card Cash Out
A cool feature that William Hill have is their Plus Card. This allows you to link in-store bets with your online account, so everything is all in one place.
You can then place a bet in-store and use the William Hill cash out card to log in to the app, see your in-store bet and cash out. It’s free to use and bridges the gap between betting online and in-store.
ThePuntersPage Final Say
The cash out option at William Hill is a cool feature. Being able to close bets early and lock in a profit (or limit a loss) is sweet. The problem with William Hill’s cash out feature is that it’s limited. It doesn’t cover as many markets as some, and there is no partial cash out at the time of writing. For now, our advice would be to use Bet365’s Cash Out, where you get access to more games, more markets, and more sports.
William Hill Cash Out FAQs
Cash out is where you can settle a bet before the market closes. For example, if you bet on a team to win the football, and they are 1-0 with 10 minutes left, you can cash out, and once you do, that’s the locked-in returns for the bet.
Partial cash out at William Hill is where you can take a percentage of your bet and leave the rest to play out. You can choose how much you want to lock using the slider. It’s worth noting that partial cash out is not currently available at William Hill.
Yes, you can cash out on William Hill. Markets that are available for cash out are highlighted by a small pound-sign logo.
Once your bet has been placed, click the “My Bets” tab and view your open bets. When the market is live, you will have an option to cash out, and all you need to do is click the button, confirm the cash out, and the bet will be settled at that price.
Your William Hill cash out will be processed instantly. As soon as you confirm the bet, the money will be back in your account.
One of the most common reasons is when markets are suspended. When this is the case, you cannot use the cash out option. Other reasons include pricing errors, each-way bets not available for cash out and accumulator bets with one or more selections suspended.