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Cash Out Bookies
Cash out a great feature from several points of view. It can be used for both securing a win early, or limit a loss if the bet you placed is going down the hill. This makes it very useful in many scenarios.
Different betting sites offer the cash out feature to different extents.
Different betting sites offer the cash out feature to different extents. Therefore, we at Bookiesbonuses have listed our absolute favourites among the betting sites’ cash out features. If you are a fan of using cash out, check out the betting sites in our list.
Best betting sites for cash out
Bet365 Cash Out
Bet £10 Get £30 in Free Bets
- Take control and close your bet completely or partially
- Best betting site for Cash Out
The world’s largest betting site, bet365 was first with the Cash Out function and is still the best. The Cash Out function is available for all single and combination bets at bet365. The function applies to both pre-game and live bets. At bet365 you also have the opportunity to close bets partially which only a few other betting sites offer. To add to that, Bet365 has the best automatic cash out on the market. With the automatic cash out you can set a fixed sum and if the value of the cash out reaches it, your cash out will be made automatically.
William Hill Cash In
Bet £10 Get £30 in Free Bets
- Full and partial cash out
- Easy to use
Some bookies call the cash out-feature “cash in” instead. But it means the same thing. William Hill is one of those bookies. Similar to the cash out of Betfair, William Hill offer both full and partial cash out, on both single bets and multiples. This means they cover everything except the automatic version.
Coral Cash Out
Bet £5 Get a £20 free bet
- Full and partial cash out
- Works well in the Coral sports app
Coral is a well-respected British bookie with a long history in the business. With that comes the demand to offer a great product, which Coral does. They do this via a lot of great functions and features, including the cash out. It works for both a full and partial cash out.
Full cash out vs partial cash out
The standard practice for bookmakers when it comes to the cash out feature has been to only offer a full cash out. This means that you can receive a suggested amount of money if you close your bet. And it is either all or nothing.
Some bookmakers, such as Bet365 and Betfair offer their customers a so-called "partial" cash out. This means that you can close part of your bet while letting the remaining part live.
An example of this is a football bet where your team is up 1-0 at half-time. You placed a £10 bet before the game at 3/1. If you let the bet stand, you would win £30. You still think they will win, but the bookie offers you a partial cashout, where you can cash out your initial wager of £10 and still have a chance to win £15, instead of £30. This is a partial cash out, since you let part of the bet stand while cashing out the other part.
Whether a partial cash out is worth it or not, is of course situational. But it is always nice to be given as many options as possible when it comes to betting. The more power in your own hands, the better.
Partial cash out betting site
Betfair Cash Out
Money Back as Cash up to £20
- Full and partial cash out
- Cash out in the sportsbook and the exchange
Betfair has got a huge following and a great reputation. Mainly due to the fact they offer both a sportsbook and, classically, a betting exchange. When it comes to their cash out-feature, it is offered on both events from the sportsbook and the exchange. Betfair offer you both full and partial cash out, and the feature is available on desktop and mobile device, via website or betting app. Also, they offer a automatic cash out-feature.
Cash out in betting apps
In general, there is no difference between cashing out on a desktop or in the app on your smartphone.
Some betting sites might offer a more comprehensive version on the desktop, but those days are mostly behind us.
Today, the paradigm is “mobile-first” and to that end, bookies tend to offer even more things on the mobile in terms of offers and features to give them an edge.
Cash out Strategy
As a general rule, cash out is always to the bookies' advantage. Over time, they make more money by offering the cash out option.
That is because they pay out less in relation to what your bet is “worth” at the point of cashing out. There are, however, some instances where a cash out-function can be valuable.
Accas
Let’s suppose you have placed a 5-fold acca on four football upsets and one “safer” bet. The four upset games are played on Saturday and somehow you are correct in all the games.
That means you have 4/4 with one game remaining on Sunday. If you have the possibility to cash out, now is the time. The winnings from the cash-out, although less than if your 5-fold wins, has a lot of value. The risk vs. reward, in this case, outweighs the (around) 15% you might lose.
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