William Hill cash out: Cash in my bet feature explained

Last Updated: 23rd January 2024

William Hill is one of the UK’s largest and most popular bookmakers. They were among the first bookmakers to combine high-street stores and online-based services. They were also among the first to create a dedicated mobile app. With such a rich history of pushing tech boundaries, it’s no shock that they added a William Hill cash out option to their system. Later, they added a partial cash-out feature, which provides more control over the outcome of your wager. If you are new to Will Hill, read our William Hill review before signing up.

Here’s a detailed explanation of the feature.

William Hill cash out option – Cash in my bet: What exactly is it?

If you have ever placed a wager and were about to win only to fall short in the final minutes, you can use a cash-out feature. This feature allows you to claim a small amount of your existing wagers. The William Hill cash out feature is referred to as cash in.

If you want to see others that offer this feature, along with William hill, read our best cash out betting sites guide.

Your selection might be winning, but you don’t see them hanging on to the lead. Instead of letting the bet continue and having the other team equalize or lead, you can cash in your bet and get a profit. Unfortunately, the profit you’ll receive isn’t as high as you’d have received if you had waited for the event to end and you won.

How to use the feature

Using the William Hill cash out feature is pretty straightforward. After you place your wager, navigate to the ‘my open bets’ tab. You’ll see the cash-in value of the bets if they qualify when you click ‘cash in my bet.’ The bet will be ended early, and the amount you add to your funds is instantly added to your William Hill account.

Example

To explain the William Hill cash out feature better, here’s an example:

If you place a £10 bet with odds of 10/11 and you wait for the event to end, your winnings will be £19.11 with a possible loss of £10. If things aren’t looking up or you have doubts about the tables turning, you can opt to cash in the £10 bet during the event for £16.86. Your profit will be £6.86 instead of £9.11.

And if you decide to cash in half your bet (£5), the offer will be £8.43. The remaining £5 may win £9.55 if you let it ride to the end. The total return would be £17.98 (£7.98 in profits).

And if the wager doesn’t win, you’ll have gotten £8.43 and consequently sustained a loss of £1.57 instead of £10.

Can I withdraw my William Hill cash out money?

Yes, you can. Once you cash in a wager, the funds are immediately added to your account, and you can withdraw them.

Available options for using the cashed money

In addition to withdrawing and placing other wagers using the cashed money, William Hill plus members can also use the cash-in feature at the store. This feature is available in William Hill mobile apps and the official website. 

What is William Hill Plus cash out?

Ever heard of William Hill plus cash out? It’s a service where you can request a physical card that links directly to your online account. This special card enhances your payment experience, letting you withdraw online winnings in-store and giving you access to exclusive offers and more.

How is the value of my cash in calculated?

The exact calculations done aren’t available to the public. However, the algorithm used is smart and is constantly updating the correct market value of your wager.

How can I tell when to use the feature?

Curious about cashing out your William Hill bet? Look for a notification alerting you when cash out becomes available. Your bet slip will show a ‘cash out’ button at the bottom; it’s your green light to cash out for the stated ‘cash-in value’ amount. If the button is greyed out and unresponsive, cash out isn’t an option anymore.

Which betting markets are eligible for the William Hill cashout offer?

The William Hill cash out feature works in all betting markets. However, it doesn’t work in some situations, including horse racing, where the feature is suspended once the race starts. If you wish to cash in on a horse racing wager, do so before the race starts.

Is cash out possible with a free bet?

Wondering if you can cash out on a William Hill free bet? Unfortunately, the free bet offer deactivates the William Hill cash out feature, making the cash-in button inactive and unclickable. So, remember, any free bet bonuses from William Hill promo codes won’t allow for cash out.

What’s the timeline for William Hill cash out processing?

How quickly can you get your cash out funds from William Hill? If you’re using William Hill Cash Direct, withdrawals are often instant. For traditional payment methods, expect a typical wait of 1 to 3 days to see your cash out funds.

Why might the feature not be available?

Sometimes you might not see the cash out option on William Hill. This is usually the case with bets on enhanced odds, free bet offers, or flash odds betting markets. Also, certain markets, like greyhound racing, aren’t suitable for the William Hill cash out due to the quick nature of the events. Keep in mind that availability for early cash out requires William Hill’s initiation.

The decision to cash in your wager or not is difficult, especially if there’s a chance you may still win the wager. However, if you feel you’ve got no chance, using the William Hill cash out (cash in) feature is the best approach.

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