William Hill cash out: Cash in my bet feature explained

Updated: 4th February 2023

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 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 William Hill cash-out 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. William Hill has a similar cash-out feature but calls it 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 cash in with William Hill

Using the cash-in feature in William Hill 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.

An example of cash in my bet

To explain the 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 Cash in 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. 

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.

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

The William Hill cash-in 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.

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 cash in feature is the best approach.

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