We have recently been investigating the best cash out betting sites as this functionality has become such an important element for many punters. Imagine the scenario... you have 3 up in a fourfold accumulator but instantly regretted putting in your last selection when the “liability” was named in goals.
We have all been there, but now you have the option to cash out and win your bet. This option found on online bookmaker sites is becoming widely available across multiple sports and gives us another edge over our common rival.
Bearing this in mind, we have compiled a comprehensive list of the best cash-out online gambling sites available to you. When placing a bet, it just makes sense to do it on a betting site that has this option, even if you only use it frequently. If used wisely, it could be the difference between a winning and losing bet!
Important Details to Note About Cash Outs
- It is only available on singles and multiple bets only.
- There is a time delay, so if a price changes or the market suspends then your request may not be successful.
- Any bonuses due from a lucky 15 for example, will not apply when this functionality is used.
- Any bets settled through cash out do not count towards bonus turnover requirements.
- In most cases, free bets are not eligible. The exception being when the value of your cash out is higher than the value of your free bet.
- Cash out availability is not guaranteed on events, even if it was available for such previous events.
- All companies reserve the right to reverse settlement of cash out if your bet or the market you bet in was settled in error.
Our Best Overall Betting Sites For 2024
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#Ad - Open Account Offer - Bet £10 & Get £30 in Free Bets for new customers at bet365. 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 T&Cs apply. Registration required.
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Deposit and bet on any sportsbook markets of your choice at odds of evens (2.00) or greater. Get 50% back of your first days losses as a Free Bet up to £50 plus 50 Free Spins. Min. 3 bets required. If your account is up, you’ll receive a £5 Free Bet regardless plus 10 Free Spins. Use coupon code "5050" at registration. T&Cs apply | 18+ New UK Customers Only | GambleAware | Gamble Responsibly
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Editors Quick Picks: The Best Cash Out Betting Sites (2024)
Bet365
Options Available
Market Types
Sports Covered
Bet365 Cash Out - Recommended
Widely accepted as the best betting company in the UK, Bet365 has two options for you to choose from when it comes to cash out. You can fully or partially cash out your selection.
It is a very simplistic feature on their site. You can select the full cash out option or use a slider to adjust the amount that you would like to partially cash out. The potential returns and remaining stake are displayed on the cash out button, where you can choose how much of your bet to cash out.
They also have new feature which allows you to pick a value at which your bet will automatically be cashed out. For example, if you place a €10 double and set auto cash out at €20, you bet will be settled once it reaches this value. The Bet 365 cash out feature is also available on the mobile app. This makes it accessible while you are on the move, through your smartphone or tablet.
Currently at Bet365, you can bet £10 and get £30 in free bets for new customers.
#Ad - Open Account Offer - 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 T&Cs apply
Betfred
Options Available
Market Types
Sports Covered
Betfred Cash Out - Recommended
Betfred is one of the most established names in UK betting history. While it was once known more for its brick-and-mortar high-street bookmaker shops, it has revamped its online betting offering. In fact, our Betfred review 2024 gave it a very impressive 4.6/5.0 (92%) rating and should be one of your default betting accounts to use when shopping for the best price.
Betfred Cash-out is a feature offered on single and multiple bets on various sports, including horse racing (both win and each way), football, and golf.
CashOut allows you to settle your bet early at the value shown without waiting for the event to end. The sum offered to CashOut depends on your initial bet, the status of any selections already made and the current market price(s) of your unsettled pick (s). There could be more or less of the CashOut total than your original stake.
When you are ready for CashOut on Betfred, simply press the CashOut button to lock in a profit if your bet comes in. If your bet goes against you, cut your losses.
At any moment, you can accept the sum CashOut offers or let the bet proceed to its natural conclusion.
Join Betfred, bet £10, and get £60 in bonuses for new customers. Make sure to use promo code BETFRED60.
New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative 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.
William Hill
Options Available
Market Types
Sports Covered
William Hill Cash Out- Recommended
William Hill is one of the most famous names in UK and Ireland when it comes to betting. It is also one of the first movers to online betting and is always looking to innovate its website offering. Thankfully they did not forget about having a cash out function available to their loyal members.
William Hill first introduced “cash in” in December 2012 then in January 2014 the function was launched on mobile. Partial cash out is available but it is worth noting that is limited to £50,000, which is lower than many other firms.
Their partial cash in system works in a similar way to all the other major bookies. You simply adjust the slider which appears at the bottom of your bet. Once you’re happy with the cash in amount, click “Cash In”.
The William Hill Cash In My Bet function is available across a wide range of sports including football, horse racing, cricket, snooker, darts and tennis, baseball, basketball to name but a few. This also includes in play and outright tournament selections.
How do I Cash In My Bet on William Hill?
1. Place a single or multiple bet online
Firstly place your bet. This can be a single or a multi. Once you have placed your bet you'll have a 'cash in' value attached to it.
2. Go to the ‘Open Bets' tab on the betslip when logged in
If you want to cash out, simply visit the 'Open Bets' tab on the betslip and details of your bet(s) will appear.
3. Here you will find your ‘Cash In Value' to Cash In My Bet
If the 'Cash In' facility is active on the market/game you bet on, then you can Cash In. The “Cash In Value” is shown in the blue box. which can be taken by selecting the green “Cash In” icon.
If you want to Partially Cash In your bet, just move the slider along to your chosen stake level. You will see the Stake and Cash In Value change. When you are happy with your amount, hit the Cash In icon. The Value will be Cashed In and a replacement bet struck at the new stake.
Cashing in your bet could not be easier
As each leg of your accumulator wins, or even if your team goes ahead in the game, your cash in value will increase. The more legs of the accumulator and the later in the game you leave it the higher the value.
Currently at William Hill, you can claim a £30 in free bets as a sign up bonus when you stake your first £10 bet. Use promo code H30 when signing up to claim the welcome bonus.
Summary Terms: 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. 18+, begambleaware.org
10Bet
Options Available
Market Types
Sports Covered
10Bet Cash Out- Recommended
10Bet offers one of the most refined cash-out options in the market. It includes both full and partial cash-out functionalities, making it a flexible choice for bettors who like to manage their stakes throughout an event.
What makes 10Bet’s cash out unique is its seamless integration on desktop and mobile platforms, ensuring you have full control of your bets. You can enjoy cashing out across a wide range of sports and markets, including in-play bets, without interruptions.
The site’s user-friendly slider feature for partial cash-outs makes it even more convenient. This is a standout feature for those looking to protect their stakes or lock in profits during a game.
New customers at 10Bet can claim up to £50 welcome bonus. Make sure to use bonus code PLAY10.
New customers only; Min. deposit €15 (no Skrill/Neteller); Use bonus code PLAY10; Bonus amount is 100% of deposit up to €50; Offer can be claimed once per household; Wager the qualifying deposit and bonus amount 5x within 30 days to convert bonus winnings into real money; Wagers must be on min. odds of 1.80 on singles or combo bets with min odds. of 1.40 per selection to qualify; Max. stake contribution to wagering requirement is the value of your bonus; Terms apply; 18+
QuinnBet
Options Available
Market Types
Sports Covered
QuinnBet Cash Out- Recommended
QuinnBet’s cash-out option is particularly appealing for bettors who enjoy wagering on accumulators. They offer full and partial cash-out, focusing on giving you the ability to secure returns even if all selections haven’t concluded.
The option is available on most pre-match and in-play markets, providing flexibility for those who want to adjust their bets as games unfold.
Additionally, QuinnBet frequently runs cash-out bonuses and insurance offers, making it an enticing choice for bettors looking to maximize their returns. Its straightforward cash-out functionality ensures you won’t be frustrated by delays or glitches, helping you secure profits or minimize losses at the right moment.
New customers at QuinnBet can claim £25 free bet + 10 free spins.
If your account has Sportsbook losses at the end of your first day's betting, QuinnBet will refund 50% of your losses as a Free Bet up to £25 (min 3 bets) Plus 10 Free Spins on Asgard Warriors. Even if your account is up, you're guaranteed a £5 Free Bet Plus 10 Free Spins provided you place at least 1 bet of £10 or greater at the minimum odds. T&Cs apply | 18+ New UK Customers Only | BeGambleAware.org
More Cash Out Betting Sites in UK & Ireland
MansionBet Cash Out Betting Site
This is one of the best and youngest betting sites on this list. But despite its young age, the founders wasted no time setting up a cash out feature. Currently, they offer partial cashing out on NFL and football bets.
The partial feature goes a long way to helping you keep your bet alive and to make a better decision given new circumstances of the event.
Coral Betting Website
Coral is one of the most respected UK bookies. This is partly because it has good odds and because it has been around for a long time. With their experience, they offer a great betting experience through their features and functions like cashing out. They have both a partial and full cash out option that works best in their app.
32red Cash Out
32Red offers a basic cash out options on various events, and from time to time, it runs promotions on the cashouts. This feature adds a layer of control for bettors, allowing them to lock in profits or minimize losses before an event concludes. Ideal for those looking to strategize their bets in real-time.
BetVictor Cash Out
BetVictor is a great betting site with a lot of perks. Though it may not be the finest design we have tried, it has great odds and a good markets that allow cashing out. It’s also easy to locate and access the qualifying markets on the site. It has both full and partial functionality available for cashing out.
Betathome Cash Out
The cash out option for this bookie is impressive. While many bookies shy away from multiple bet cash outs, it embraces them. Players cashing out on single bets receive a low amount while those with multi bets can sell one of their remaining bets. The amount, in this case, is determined by the current odds. This approach encourages strategic betting, especially for those engaged in accumulator betting.
BetRegal Cash Out
BetRegal has a cash out option on both accumulators and single bets. Once it out goes through, the amount reflects on your account instantly. You can complete the process on your mobile or desktop. This immediate reflection of funds adds a level of convenience and reassurance for bettors, making it a reliable choice for those who prioritize swift transactions.
Bwin Cash Out
Bwin offers cash out options on multi and single bets. However, like with other sites, the outcome isn’t guaranteed and depends on the market popularity. This flexibility allows bettors to react to live game changes, providing an opportunity to secure winnings or cut losses as the event progresses.
GentingBet Cash Out
The cash out option on GentingBet is available on Horse Racing, Football, and some select tennis events. Not all bookmakers have it available for horse racing so this is a welcome benefit. The inclusion of horse racing sets GentingBet apart, catering to the preferences of racing enthusiasts seeking to use the cash out feature.
Grosvenor Sports Cash Out
Though it’s not one of the most known betting sites, it’s not left behind in the cash out feature arena. It offers in-play and pre-play options to its punters to mitigate risks and maximize profits. This dual optionality enhances the betting experience by providing users with multiple strategies for managing their bets effectively.
LVBet Cash Out
LVBet has a heavily integrated cash out feature throughout the platform. And while it applies to a wide range of sports and markets, it doesn’t apply to bonus bets. This extensive integration ensures bettors have ample opportunities to use cash out across various events, although the exclusion of bonus bets encourages careful bet placement.
Mr Green Cash Out
Mr Green’s cash out is only available for a handful of events. And even for those events that it applies to, it is not available throughout. You’ll have to check their terms and conditions to understand how it works. This limited availability makes it crucial for bettors to stay informed about which events qualify for cash out, emphasizing the importance of strategic bet selection.
NoviBet Cash Out
The cash out on this platform is available on a few markets and sports for the multiple bets and single bets made during or before the game. However, the option isn’t available for bets placed with a free bet.
RedBet Cash Out
The beauty of this site is that it has three types of cash out: prematch, in play, and partial. However, they issue a warning that this feature is at their discretion. The variety of cash out options offers bettors unprecedented control over their bets, catering to a wide range of betting preferences and strategies.
SportNation
SportNation helps you manage your bets better with their full and partial cashing out options. However, they too have terms and conditions for the same. The availability of both full and partial cash outs provides flexibility, allowing bettors to adjust their strategies based on the unfolding of events.
Unibet
Unibet’s cash out system is comprehensive. It offers this functionality on:
- Tennis outright markets
- Football outright markets (relegation and winner)
- Live football bets
- Over 20 pre-match football bet
This comprehensive offering caters to a broad spectrum of bettors, providing a versatile tool for managing bets.
Cash out Betting Options Explained
Full Cash out Option On Betting Sites
Betting sites use different and sometimes confusing words and phrases to refer to a simple concept. So at this point, forget all the marketing you’ve heard and read. Cash out is simply a way to settle your bet early but you end up getting a lower payout.
The whole point of this feature is to allow you to mitigate your risks and losses after assessing the progress of the game. If you use it sensibly, it could potentially increase your winnings and significantly reduce your losses in the long run. However, without a strategy, it could drastically reduce your winnings over time.
Now, the cashed out amount varies from one betting site to another. But generally, the formula used in its calculation factors in the original bet odds and the odds at the moment you are cashing out. And as pointed out above, a punter can use the feature to mitigate losses or maximize profits.
Regardless of your perspective, the amount you get after cashing out will be less than what you’d have won had you waited for the bet to complete.
Partial Cash out Option On Betting Sites
This is a great intermediate cash out option that allows you to cash out odds available for a percentage of your stake. The rest of your stake is left to ride on the original bet. Some betting sites like Betfair allow partial cashing out with any stake amount greater than the minimum stake while other betting sites like Coral restrict the stake to increments of 10%.
Also, it’s worth noting that the rules of partial cashing out vary depending on the betting site you choose. For instance, some sites will pay at the prevailing odds at the time of cashing out and let the remaining stake run at the original odds. However, some bookies like Paddy Power allows you to switch the remaining stake from the original odds to the current odds. This flexibility might work for you or against you depending on the bet.
Auto Cash out Option On Betting Sites
This feature lets you set rules for the cash out if the payout amount hits a threshold you had set.
You can set your desired payout at which point you can decide whether you’d like to encash your entire stake or only a percentage (in other terms an auto partial cash out). Once you set the parameters for your encashment, you can log out and go about your normal routine knowing your bet will automatically apply once it hits your specified threshold.
Note that the encashment rules can be set at any time before the event starts.
How is Cash out Amount Calculated?
Bookies calculate cash out by considering potential winnings from your bet and the current odds at the time of cash out.
Cash out Example
Here’s an example to get a better understanding
If you bet $10 for Portugal to win the match at 4.00 (decimal odds, otherwise known as 3/1 fractional odds) and by half-time, they are leading, the new odds in the second half will be 2.00 (or 1/1 or evens in fractional odds).
If we ignore the bookies’ margins, a true fair amount based on market prices will be calculated as indicated below:
True cash out amount = potential win/current odds
So in the example above, a correct and true cashout amount would be;
$40/2.0 = $20.
However, the bookie will not give this offer. Instead, it’ll add its margins to the current odds and an extra margin. So in the above example, the cashed out value might be $19 or less. Eventually, the calculations made will reduce your potential winnings.
Betting Strategies
Even though your winnings are reduced with this feature, you are still better off winning than losing. Below are some of the winning strategies.
Use the cash out stats available
We’d like to think that before you place a bet, you’ve researched your picks and analysed them against the odds offered. Researching and using the available analytics on the site is a crucial part of creating a winning strategy.
Though your bookie will provide the analytics, it’s up to you to decide which stats to consider during the event. For instance, from experience, you know that most goals are scored in the last half hour of the match. Though this is never a guarantee, it can help you make an informed and calculated decision.
Follow your instincts
There’s a reason you placed your bet. So even when the match seems to be going sideways, it helps to tap into the faith you had at the start.
Look at your situation as ‘glass half full’
Remind yourself that getting a portion of your bet is better than nothing. Consider the process as part of being a safe punter. Having a positive attitude will carry you through trying betting storms.
Most Popular Markets for Cash out Betting
If you want to turn into a cash out punter, you have to think beyond live football matches. Sure, the football market has the feature almost guaranteed, but there are other great markets you can experiment with and ‘win’ in.
For instance, you could try the over 3.5 Goals market. Say you place a 5-fold bet and four events meet the 4 goals target. You can opt to cash out but then again, from experience, you know that more goals are scored towards the end of the event than in the beginning. In such a situation, do you hold out for the 5th event knowing that even if more goals are scored, the outcome of your bet remains the same?
Other strong cash out markets to look into
- Correct Score
- Match Result
- Both Teams to Score
- Next Team to Score
- Double Chance
- Half/Full Time
- First Half Correct Score
- First Half/Second Half Result
- To Win and BTTS, BTTs in First/Second Half
- Goal in Both Halves
- Outright Markets
- Number of Teams to Score
What Bet Types Can’t I Cash out?
Every betting site has a hand full of betting markets where the feature doesn’t apply. Usually, bookies state that cash out is never guaranteed for any bet but generally they apply to multiple and single bets.
Usually, cash outs do not work for each-way bets in many betting markets. This is mainly because an each-way wager is split between a place bet and a win bet.
The place bet terms are different depending on the event. For instance, in the football betting market, some sites will not offer this feature on markets, including Wincast and Scorecast because they are a combination of multiple selections. Moreover, you might face restrictions with Handicap Match Results.
If you bet on horse racing, you’ll realise that the Tote-related bets like Jackpot and Placepot aren’t eligible for cashing out. Also, any potential bonus that can come from a multiple bet like Lucky 15 and accumulators don’t count. This means that if you choose this option on a multiple bet, you’ll lose the potential bonus.
Best Betting Websites With Cash Out Betting Functionality Conclusion
The above 8 entries (Betfair has two entries!) are our recommended betting websites that offer cash out functionality. This punter friendly tool was one of the most innovative functionalities introduced in the past 10 years and was definitely designed more with the punter in mind then the bookie's bottom line. It gives punters another way to win their bet and while using the cash out functionality stops you hitting a six-figure plus payout, it also can save you from making ZERO on your long shot multiples and accumulators.
Best Cash Out Betting Sites FAQ
Which are the recommended bookmakers for this feature?
We recommend Bet365, Betfair Exchange, Betfred, Betfair sportsbook and BoyleSports because not only are they trusted gambling site but you can avail of this functionality on a huge variety of sports if you use all these 5 online betting sites.
When can you not apply this functionality on a bookmaker?
You need to read the terms and conditions carefully on each site so you fully understand when and when it cannot be used. Main thing to note is that you cannot apply cash out when using free bets or bonus money. Also note that some will offer cash out pre market but not in play. Also note that sometimes your bet will be denied if the odds changed while you are placing you cash out option.
Can cash out values change during a live event, and how frequently?
Yes, cash out values can change frequently during a live event, reflecting real-time changes in the game's dynamics, such as scores, possession, and other critical factors affecting the outcome.
Are there any specific sports or events where the feature is more beneficial to use?
Cash out can be particularly beneficial in fast-paced sports or events with high volatility, such as football and tennis, where game dynamics can shift dramatically, offering strategic opportunities to lock in profits or minimize losses.
What happens if there's a technical issue and I can't cash out when I want to?
In case of a technical issue preventing cash out, most bookmakers have customer support teams to assist and may offer compensation or rectify the bet based on their terms and conditions, although policies vary by site.
Is there a limit to how many times I can use the feature on a single bet?
While some bookmakers allow multiple partial cash outs on a single bet, others may have restrictions. The specific limit, if any, usually depends on the bookmaker's policy and the terms of the betting market.
How do bookmakers determine the initial cash out offer for a bet?
Bookmakers calculate the initial cash out offer based on the original odds of the bet, the current odds at the time of the cash out request, and the likelihood of the bet winning, incorporating their margin to ensure profitability.
If you think we missed a worthy inclusion of the best cash out betting sites in this article, please let us know here.