Cash Out Betting Sites

Ranking and reviewing the best online betting sites with cash out - full, partial, and auto cash out options!

The cash out feature has been around on American betting sites for a while now, is is definitely a must have for players who like the flexibility and control it offers to their wagers. We've got a breakdown of the best cash out betting sites in the US and what cash out features they offer, as well as an in depth guide to what the cash out feature is, how to use it, and when it makes sense to cash out!

Best Betting Sites with Cash Out

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.

Bet365

  • Full, partial, & auto cash out features
  • Best live sports streaming options
  • Bet builder for NFL, NBA, soccer, tennis
  • Huge betting market selection
  • Not widely available
  • No live bet editing
Sign Up Bonus
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Claim Go to website

21+ and present in CO/NJ/OH/VA.
First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad

Website: bet365.comFounded: 2000
Owner: Hillside (sports) ENCHeadquarters: Stoke-on-Trent, England
Bet365 betting USA
Bet365 app
Bet365 USA promotions

Overall Rating

Author: Ben Smith Ben Smith

Widely considered one of the best sportsbooks on the planet, Bet365 has brought its offering to the US. Bet365 brings with it the best overall selection of sports betting that you’ll find anywhere. The parlay builder, Asian lines, and live betting offering are among the main features that attract users all over the world to Bet365.

The Bet365 Online Sportsbook & App are legal in New Jersey, Ohio, Virginia, and Colorado.

Read full review

Caesars Sportsbook

  • Partial & full cash out options
  • Live streaming the NFL
  • Many boosts and promo offers
  • Perfect for betting on major US sports
  • Can't edit placed bets
  • No auto cash out
Sign Up Bonus
$1,000 First Bet on Caesars
Claim Go to website
Website: williamhill.com/usFounded: 1996
Owner: Caesars Entertainment, Inc.Headquarters: Reno, Nevada, U.S.
Caesars Sportsbook home
Caesats Sportsbook live
Caesars Sportsbook App Preview

Overall Rating

Author: Ben Smith Ben Smith

Caesars Sportsbook is a rebranded version of William Hill, which is one of the oldest bookmakers in the world. With a history dating back to 1934, the company has established itself in the UK with its high-street offering and more recently the online betting site which is now expanding into new markets. In 2021, William Hill was acquired by Caesars, and a rebrand was completed in August of that year.

The Caesars Sportsbook & App are legal in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Nevada, Pennsylvania, New Jersey, New York, Tennessee, Virginia, Washington D.C., Wyoming, and West Virginia.

Read full review

DraftKings Sportsbook

  • Parlay and futures cash out
  • Pre-game bet cancellations
  • Widely available sportsbook
  • Tons of sports and markets
  • No auto cash out
  • No partial cash out
Sign Up Bonus
No Sweat First Bet up to $1,000
Claim Go to website
Website: sportsbook.draftkings.comFounded: 2012
Owner: DraftKings IncHeadquarters: Boston, MA
Draftkings sportsbook live
DraftKings Sportsbook App Preview
Draft Kings Sportsbook MLB odds boosts

Overall Rating

Author: Ben Smith Ben Smith

If you’re aware of online gambling in the US, there’s a good chance you know all about DraftKings. The DraftKings Sportsbook is one of many aspects of the brand that makes it so popular. It is the biggest fantasy sports operator in the states, and there is also a fully-stocked casino section on the site, making DraftKings arguably the best overall betting site in the US. The DraftKings Sportsbook launched in 2018.

The DraftKings Online Sportsbook & App are legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Read full review

FanDuel Sportsbook

  • Same Game Parlays & Cash Out
  • Top iOS & Android betting app
  • Leading odds and betting features
  • Numerous promos and offers
  • No auto cash out
  • No partial cash out
Sign Up Bonus
Bet $5 Get $150 in Bonus Bets
Claim Go to website
Website: sportsbook.fanduel.comFounded: 2009
Owner: Flutter Entertainment plcHeadquarters: New York City
Fanduel sportsbook odds boost
Fanduel app preview ios
Fan Duel NHL Live Streaming

Overall Rating

Author: Mason Kelliher Mason Kelliher

Often compared to the DraftKings Sportsbook - the other big US betting site that started with fantasy sports - we think that the FanDuel Sportsbook is slightly better because they have one of the best betting apps on the market, plenty of daily promos and boosts, and a ton of betting options, many of which are eligible for same game parlays and cash out. Overall, FanDuel is certainly one of the biggest and best foreign-owned betting sites in the USA.

The FanDuel Online Sportsbook & App are legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.

Read full review

Unibet

  • Cash out available for many sports
  • Stats & play-by-play graphics for live betting
  • Many betting options for non-US sports
  • Easy to use, great for beginners
  • First withdrawal can be slow
  • Only full cash out
Sign Up Bonus
$500 Second Chance Bet
Claim Go to website
Website: az.unibet.com, in.unibet.com, nj.unibet.com, pa.unibet.com, va.unibet.comFounded: 1997
Owner: Kindred GroupHeadquarters: New York City
Unibet Sportsbook
Unibet Casino
Unibet USA App Preview 2023

Overall Rating

Author: Ben Smith Ben Smith

Since launching in Europe in 1999, the Unibet Sportsbook has gone from strength to strength & is now widely regarded as one of the best & most innovative betting sites in the world. Unibet’s key strengths are its usability, range of bets, generous promotions, live betting options, & expert betting tips. With a transparent support team & controls to promote safe & responsible gambling, Unibet is undeniably one of the best sportsbooks for Americans.

The Unibet Sportsbook & App are legal in Arizona, Indiana, New Jersey, Pennsylvania & Virginia.

Read full review

BetRivers

  • Full Cash Out options for active wagers
  • Match stats, tips & predictor
  • Live streaming for smaller sports
  • Good variety of betting options
  • No partial or auto cash out
  • Crowded, unattractive sportsbook
Sign Up Bonus
2nd Chance Bet up to $500
Claim Go to website
Website: betrivers.comFounded: 2019
Owner: Rush Street InteractiveHeadquarters: Chicago
Bet Rivers Sportsbook
Bet Rivers App

Overall Rating

Author: Mason Kelliher Mason Kelliher

BetRivers is powered by Kambi (same as Unibet & 888sport) meaning there's plenty of betting options and good odds. Despite this, BetRivers also has much room for improvement. The BetRivers sportsbook is crowded, hard to navigate and the BetRivers app is slow and clunky. Still, with a decent sign up bonus, live streaming, sports tips and predictions, and a solid online casino, BetRivers is a nice addition to your online betting site portfolio.

The BetRivers Sportsbook & App are legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Virginia & West Virginia.

Read full review

Best Cash Out Betting Sites

Cash Out Betting Sites

Cash Out is a great feature from several points of view. It can be used for both securing a win early or limiting a loss if the bet you placed is going down the hill. This makes it very useful in many scenarios, as we've regularly seen 'safe' bets fall through. 

Different betting sites offer the cash out feature to different extents.

We've listed our absolute favorites among the betting sites that offer cash out features, including traditional full cash out, partial cash out, parlay cash out, auto cash out, or live bet editing. And we've also highlighted key features and limitations of each so you know exactly what you'll find if you decide the best thing is to cash out early!

Early Cash Out Betting Sites

  1. Bet365 (full, partial, and auto cash out options)
  2. Caesars Sportsbook (full, and partial cash out options)
  3. Fanatics Sportsbook (full, and partial cash out options)
  4. DraftKings Sportsbook (full cash out + futures cash out)
  5. FanDuel Sportsbook (full cash out options)

Best online betting sites with cash out

Bet365 Cash Out

Full, Partial, Parlay, and Auto Cash Out

The world’s largest betting site, bet365 was first with the Cash Out function and is still one of 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.

Bet365 Early Cash Out Features

Full Cash Out
Parlay Cash Out
Partial Cash Out
Live Bet Editing
Auto Cash Out


The other reason we have Bet365 at the top of our list is their early payout promotions for major sports. Similar to a cash out (but better since there is no reduced value), if you place a wager on a team to win, and they go up by a certain amount at any point, Bet365 will count it as a win, even if the wager ends up swinging back the other way!

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Claim $150 offer

21+ and present in CO/NJ/OH/VA.
First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad


Caesars Sportsbook Cash Out Early

Full, Partial, Parlay Cash Out

Caesars Sportsbook offers both full and partial cash out on both single bets and parlay. Which is great, because it means you're somewhat covered on just about everything!

Being able to cash out a parlay, same game parlay, or even super parlay is a huge plus from Caesars Sportsbook, and helps elevate them in this list of cash out betting sites.

Caesars Sportsbook Cash Out Options

Full Cash Out
Parlay Cash Out
Partial Cash Out
Live Bet Editing
Auto Cash Out


Caesars Sportsbook has one of the better cash out features in the US, with an incredibly easy-to-use function directly on all available live bets. While there is no way to edit your live bets, they offer pretty favorable cash out values, which makes it a little more enticing when you've got a nail-biting final parlay leg which could ruin your whole wager.

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Claim $1000 offer

21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T’s and C’s apply, visit Caesars Sportsbook for more details.


Fanatics Cash Out

Full, Partial, and Parlay Cash Out

Fanatics Sportsbook has jumped into the sports betting industry with some solid tech and a great foundation thanks to their acquisition of PointsBet, and are also one of the few betting sites that allow partial cash outs on your bets.

With their incredibly handy slider tool on the cash out menu, you get to pick exactly how much of your bet you want to pull, and how much you want to let ride to see what happens. It's a great way to cover your initial wager and still hope for profit.

Fanatics Cash Out Features

Full Cash Out
Parlay Cash Out
Partial Cash Out
Live Bet Editing
Auto Cash Out


Fanatics' cash out option is certainly one of the more robust, especially considering they allow for partial cash outs on any available bet. This is a great way to cover your bet stake with some of the potential profit locked in, but still keep a bit of skin in the game for a bigger payout.

Back to List ↑


DraftKings Sportsbook Cash Out

Full and Parlay Cash Out

One of the most well know betting sites in the US, DraftKings Sportsbook cash out gives users the option to close out live bets early on pretty much any straight wagers and ongoing parlays as long as no leg has lost yet, and offers reasonably good value for cashed out bets.

DraftKings Sportsbook Cash Out Features

Full Cash Out
Parlay Cash Out
Partial Cash Out
Live Bet Editing
Auto Cash Out


DraftKings offers a number of great quality-of-life features for users, and cash out is a great one to take advantage of. Like other top-tier betting sites, players can cash out on straight wagers and parlays unless major events are happening live in the game. Additionally, DraftKings allows you to cash out some futures bets early, like if you bet on the Super Bowl winner during preseason and things just don't seem to be going your way after the first few weeks of the season.

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Claim $1000 offer

No Sweat First Bet up to $1,000
21+. New customers only. Offer available in
AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/OH/PA/TN/VA/VT/WV/WY.
Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Terms and conditions apply, visit DraftKings to learn more.
See full T&C at DraftKings.


FanDuel Sportsbook Cash Out

Full and Parlay Cash Out

FanDuel Sportsbook has been comfortably at the top of the US betting scene for a while now, and provides a couple different options for cashing out wagers early if the game is making you a bit nervous or you want to cut losses.

FanDuel Early Cash Out Features

Full Cash Out
Partial Cash Out
Parlay Cash Out
Live Bet Editing
Auto Cash Out


Overall a very solid betting site for cashing out wagers, FanDuel covers pretty much every early cash out feature you could ask for. While they are missing a nice partial cash out option, the somewhat more favorable payouts tend to make up for it.

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Claim $150 offer

Place a $5 Moneyline Wager and get $150 in Bonus Bets
21+. New customers only. Offer available in
AZ/CO/CT/IA/IL/IN/KS/KY/LA/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion bonus will be credited to your account within 72 hours settlement of Qualifying Wager as a win. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days.See full T&C at FanDuel.


Online Betting Cash Out: How Does It Work?

The cash out function offers customers the chance to close a bet before the match is over. 

The basic principle is that betting sites give you the option to settle your bet before the actual game or outcome is decided - albeit at a reduced rate based on current odds and what's happening in the match

What if my bet is going to lose?

You can still cash out in most cases! The only difference is you won't be cashing out with a profit, you'll just be limiting the amount you would have lost.

Why do betting sites offer cash out?

As a general rule, cash out is always to the betting sites' advantage. Over time, they make more money by offering the cash out option and hedging their potential loss if your bet would have paid out.

That is because they pay out less in relation to what your bet is “worth” at the point of cashing out.

That being said, bettors enjoy the same benefits on individual bets and can secure profits or minimize losses as well, so there are pros and cons of cashing out for both parties. 

How is the Cash Out amount calculated?

Betting sites calculate the amount they offer for a cash out in basically the same way they offer normal odds: calculating the probability of the result and adding a margin for their own profit.

In practice, it might look something like this

  • Boston Bruins vs. New York Islanders
  • Bruins to win @ -110
  • $10 wager

The potential payout of this wager would be about $19 if you let it ride the entire game and win. So let's break it down into a few different scenarios after the end of the second period.

Bruins 2, Islanders 2 - We're basically at the start of the game here, and since the odds were so close to the start this is more or less what the betting site anticipated. So we can reasonably assume the odds are 50%, and by cutting your potential winnings in half you would have a return of $9.50, with a margin applied by the betting site, your ending cash out might be around $8.75. Sure, this is less than your bet stake, but it is cash back in your pocket on a wager that is definitely not a sure thing.

Bruins 4, Islanders 1 - The game is well in hand, and you've got about an 85% chance of winning this wager, so the possible return looks like .85*$19, or $16.15. With a margin, you could expect a cash out option of around $15, which is a guaranteed $5 profit. This is where you need to start weighing the risk vs. reward since there is a good chance the Bruins will win, but then again you can have a certain profit by cashing out. In this scenario, the sportsbook wants you to cash out, since they would limit their potential payout to you.

Bruins 0, Islanders 3 - And on the flip side, the Bruins played terribly and the Islanders are comfortably in the lead going into the final period, so the sportsbook is giving the bruins a 10% chance to win, making your return $1.90 (.10*$19). And with a margin, you would probably only be cashing out $1.50 all said and done. That's a tough pill to swallow, but hey, at least you have a little cash left instead of losing it all, and the betting site is happy to offer this cash out since they still make a nice profit.


Each betting site in the US calculates their cash out margins slightly differently, but this is roughly the idea behind how it gets calculated, with each setup having the bookmaker price your current wager in a way that makes it beneficial to them if you take the money and run, but as we keep saying, cash in the hand may just be better than a bet in the slip.

How To Cash Out Early

1

Place Your Wager

You'll only be able to cash out active wagers (or occasionally some futures bets if they are long-term, like a team to win the NBA Finals as long as they haven't been knocked out of contention), so the first thing to do is place a bet!

2

See When Cash Out Is Available

Most betting sites show if the wager will be eligible for cash out, so make sure to check, but in almost all cases the market will have a cash out option.

Generally, you'll be able to see a small button on your bet slip that says something like 'cash out available' that indicates if the betting site will enable the feature when the bet is live.

3

Decide How Much You Want to Cash Out

Most betting sites only allow you to cash out your full bet stake, but some sportsbooks like Bet365, BetMGM, and PointsBet have Partial Cash Out!

If this is an option, just decide how much you want to cash out - maybe you just want to cover your stake and keep a little on the table for a big profit, or maybe you think the slim chance for a comeback means your losing bet may still turn around to give you a win, but you're just not that sure....

4

Cash Out Your Bet Early!

Once you've decided, just hit the Cash Out Early button and enjoy locked in profits or breathe a sigh of relief that you didn't lose out completely!

Cash Out Suspended

What? Why?

If you've ever come across this term you may be confused about what it means, and why the cash out option is not available, or suspended.

Cash Out Suspended DraftKings

We'll use DraftKings Cash Out Suspended as an example of why you might see this term, and what you can do about it. Suspended cash out usually happens for a few reasons -

  • a call is being reviewed during the game (live betting suffers the most from this)
  • the event is in the closing minutes
  • injury delays
  • major weather impacting play

With so many unique live betting markets, DraftKings (like most other betting sites) has a lot of betting to cover, and a way they make sure people can't take advantage of major odds swings coming from overturned calls or majorly unexpected events is to suspend cash out for periods of time.

The betting site is in the business of making money after all, and if the sudden changes from big plays can cause massive swings in the odds it reflects poorly on their bottom line, so suspending cash out during key periods of a game limits their risk.

Partial Cash Out Betting Sites

If you're a little confused about what 'Partial Cash Out' is don't worry, it's not a super common feature yet so you may never have seen the term.

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 BetMGM and Fanatics offer their customers a "partial" cash out. This means that you can close part of your bet while letting the remaining part live.

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 Bet365 Example

An example of this is a soccer bet placed on bet365, where your team is up 1-0 at half-time.

  • Bet Stake: $10
  • Odds: +300

You placed a $10 bet before the game at +300. If you let the bet stand, you would win $30. You still think they will win, but the betting site offers you a partial cash out, where you can cash part of out your initial wager for a $10 profit, but still have a chance to win $15 as well. The overall payout would be $25 instead of $30, but you will have guaranteed that $10 if things change in the second half.*

This is a partial cash out, since you let part of the bet stand while cashing out the other part. Keep in mind that the more likely your bet is to be correct, the more the betting sites will pay you to cash out early.

*These figures are for demonstration only, and may not reflect the amounts paid out by Bet365 in other situations.

Auto Cash Out

Auto cash out is an awesome feature if you like to play it as safe as possible. While it's not available everywhere, major betting sites like Bet365 and BetMGM allow you to set an amount that automatically gets cashed out.

For example, if you set your auto cash out at a profit of $5, Bet365 will automatically cash out your wager early if the game swings in that direction. Sure, you may not profit fully (as will all cash out betting), but you're able to lock in some profit early without needing to lift a finger or stay on top of what's happening in the game. You can also set this at a negative threshold to limit your loss.

Auto Cash Out Betting Sites

Cash Out Parlay Early

Parlay betting has become the most popular way to bet in the US, but it's incredibly frustrating when one leg totally ruins any chance for a payout.

When you cash out a parlay early, you will lock in at least some profit, and remove the risk of any remaining legs on your parlay impacting the overall wager if they lose. 

Can you cash out a parlay early?

You absolutely can cash out a parlay early, as long as no leg in your parlay has already lost.

Let’s suppose you have placed a 5-leg parlay on four NBA 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 Monday. 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, have a lot of value. The risk vs. reward, in this case, outweighs the amount you might lose.

There is one big thing to keep in mind when you want to cash out a parlay early - you're not cashing out on on the legs that have won, meaning if a leg of your parlay has already lost, you've lost and it is too late to cash out. With that in mind, it's a good idea to stay on top of your wagers so you can weigh the risk vs. reward of cashing out parlays early. 

Cash out 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.

Betting Apps with Cash Out

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.

  1. No Sweat First Bet up to $1,000

  2. $1,000 First Bet on Caesars

  3. Bet $5 Get $150 in Bonus Bets

  4. 2nd Chance Bet up to $500

  5. Newest Betting Site in the US

  6. Bet $5, Get $150 or
    $1,000 First Bet Safety Net

    21+ and present in CO/NJ/OH/VA.
    First online real money wager only. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1000 with safety net offer. Bonus issued as non withdrawable bonus bets that expires in 90 days. One bonus per new user. Full T's & C's apply, visit sign up page for more info. #ad

  7. $500 Second Chance Bet

Pros & Cons of Cash Out

We've already talked about how overall the cash out feature is more beneficial to the betting site since it drastically reduces their potential loses, but there are plenty of reasons that make it a great option for bettors and a few reasons to leave your bet running. 

Cash Out Pros
Cash Out Cons
Secured profit, or reduced lossLower potential profits
Simple to useBad value
Reduces luckNo promos

There are good and bad things about an early cash out, but a lot of it comes down to the value.

  • Luck is less of a factor - You're more in control of your wager by having the chance to end it early, as there could always be a bad call, injury, or just a wild play that goes on to ruin your bet.
  • Value - The amount you can cash out is always more favorable to the betting site, but that doesn't mean having some secured profit or a limited loss isn't valuable to you
  • Simplicity - This is a great part about the cash out feature, it's genuinely quite easy to use, since any time the option is available the button will be highlighted with the amount right next to your active bets
  • No promotions - A downside to cashed out bets is that you will become ineligible for any promotion associated with the wager, meaning you may not get those bonus bets, or the parlay insurance will become void. Just have a think if the promotion will be worth more than what you get by cashing out, typically if you cash out in profit it will still be worth more. 

In general, when you feel like there is good value from cashing out, it makes sense to do it. But what good value is will be totally up to you on each specific wager, you may be a risk taker or just like steady and secure profits.

Either way, we've highlighted a few situations cashing out can be good, and when it may not make sense.

When to Cash Out

You messed up your bet

  • A very obvious time to cash out is when you've made a mistake on the bet. Maybe you didn't realize the game was going to be played during a blizzard, or maybe that star player caught the flu (discounting MJ of course), either way if you get offered a decent return that covers your stake or at least gets some money back, it might be better to just cash out and try again.
  • Certain betting sites like DraftKings will actually let you cancel your wager before the event begins as long as the lines haven't changed, effectively cashing you out for free.


You could get a big profit

  • Although the profit from a cashed out wager will never be as much as a winning bet, if you have the chance to cash out for some big money, it may be worth thinking about since anything can happen in sports betting, and some money is always better than no money!


Most of your parlay has hit

  • We've all been there, 4 of 5 legs are winners, and then that 'safe' bet lets you down. This is a great time to cash out since the potential profit you can get from 4/5 parlay legs is still big, and you get to lock it in.


You're 'tilted'

  • Tilted, having a bad run, in a slump, whatever you want to call it - this is a good time to cash out so you don't keep throwing money down the drain, and maybe even just lock in a small profit.

There's no shame in asking for help if you need it - If you or someone you know has a gambling problem, you can access crisis counseling and seek help by calling 1-800-GAMBLER (IL/NJ/ MD/PA/WV), 1-800-NEXT-STEP (AZ), 1-800-522-4700 (CO), 1-888-789-7777 (CT), 1-800-9-WITH-IT (IN), 1-800-BETS OFF (IA), 1-800-522-4700 (KS), 1-877-770-STOP (LA), 1-800-327-5050 (MA), 1-800-270-7117 (MI), 1-877-8-HOPENY (NY), 1-800-589-9966 (OH), 1-800-889-9789 (TN) or 1-888-532-3500 (VA), or visit https://www.ncpgambling.org/

When Not to Cash Out

Bad value

  • Betting sites will always lowball the value of a wager since they want to get the most profit. But if you've got a wager on a team to win with 3 minutes left in the final quarter of an NFL game, and they're up by 11, you might not want to take a cash out that's only 75% of what you stand to make.


You have a bonus on the line

  • Any wager you cash out will automatically exclude you from claiming a bonus, so make sure you really understand the value of what each promotion is, and balance that against letting your bet ride.


Low personal risk

  • If you throw a couple of bucks on some long odds and somehow it seems like you might win, you might still want to let the wager ride if that money won't impact your bank account too much. But make sure you really think it through, since you could cash out and secure some profit which is always a good thing.

Best Sports for Cash Out

The cash out option is fairly common in most sports and leagues, especially on the best cash out betting sites we've mentioned above. And for the most part, all of the pros & cons about cashing out hold true regardless of the sport, though there are some popular sports where the swings can make an early cash out more appealing.

  • Football
  • Soccer
  • Basketball
  • Tennis
  • Golf

Best Football Cash Out Sites

  • BetMGM
  • Bet365
  • Caesars Sportsbook

These top football cash out sites all offer robust cash out features for football betting on the NFL and NCAA. When the two-minute drill comes around and a dangerous QB like Patrick Mahomes starts charging down the field, you may want to consider a cash out if you think a late score could ruin your wager completely.

Bet365 and BetMGM offer full and partial cash out options, as well as the handy auto cash out if you can't be locked into what's happening during the game. Caesars is our other top pick, only lacking the auto cash out but generally featuring a number of solid betting promotions for NFL games.

Best Soccer Cash Out Sites

  • Bet365
  • Unibet
  • BetMGM

A quick goal or penalty in the box can instantly shift a soccer match, especially considering how low-scoring games can be, which is a big reason we think cash out is a great feature when wagering on the sport.

Best Basketball Cash Out Sites

  • BetMGM
  • FanDuel Sportsbook
  • DraftKings Sportsbook

The big point swings make basketball an obvious choice for a sport to have a cash out option, and these top betting sites all allow for cash out on many different basketball leagues aside from just the NBA.

Best Tennis Cash Out Sites

  • Unibet
  • Caesars Sportsbook
  • Bet365

We've lost count of how many times there have been upsets in tennis, or incredible comebacks from being a single point away from losing. This is exactly what makes having a cash out option so important for tennis. Our favorite tennis cash out sites all offer great play-by-play graphics or even live streaming to help you plan your wager and decide if cashing out is the right choice.

Best Golf Cash Out Sites

  • Caesars Sportsbook
  • FanDuel Sportsbook
  • BetMGM

All three of these online cash out betting sites allow you to close a wager early during a golf tournament, but you'll need to pay close attention to the value as golf can be a very unexpected sport when Sunday rolls around.

Miss anything about Cash Out betting sites?

Jason Mancini

Jason Mancini

Finding a good cash out betting site can be tricky, especially since deciding on whether to cash out or not tends to be the biggest factor. If you missed anything, or just want to re-read something about cash out betting sites, navigate to the section from here:

Cash Out FAQs

What is cash out?

Cash out is a feature that lets you secure a win or limit a loss, by closing the bet before the event is over.

Which betting sites offer a cash out-feature?

Almost all betting sites today offer a cash out feature. For the recommended ones, check the list above.

Why should I use a cash out-feature?

Good question! In general, the betting sites make money off the cash out feature. But it is situational. If you feel that a cash out is in your interest, maybe your team is winning but a player gets sent off, you should use it. Also on parlays with one game remaining where you risk losing a lot of your winnings, it might be an effective function.

What is partial cash out?

The partial cash out feature lets you cash out part of your bet while letting part of it continue to be in play. Normally the bookies have a slider that lets you determine how much you want to cash out and how much of the bet you want to keep active.

What can't I Cash Out?

If you've tried to cash out and noticed the cash out button is greyed out and says 'cash out suspended', you might be a little confused. If you are wondering why cash outs are suspended on DraftKings, FanDuel, or bet365, there is actually a good reason behind why.

Betting sites suspend the cash out feature whenever there is a significant call from a ref, or a major change in the game impacting the odds significantly. Usually, this is only temporary and once the play is reviewed, for example, the option will come back and you can cash out again!

What does cash out suspended mean?

'Cash Out Suspended' means that at the moment the betting site has disabled the feature for that particular wager or the event as a whole.

This happens for a few reasons, for example, if a penalty kick is awarded in a soccer game, a team has just scored a touchdown in the NFL, or a player is injured on the court. The suspended cash out usually only lasts for a short period of time until the situation that is dramatically impacting the game is resolved (the kick is taken, a rain delay ends, the player is taken off the field).

What makes a bet eligible for cash out on FanDuel?

Like other betting sites, FanDuel allows bets to be cashed out under a number of different circumstances, but there are the main things:

  • The bet must be live - bets that are not yet active, or have settled are ineligible
  • No major disturbances - this will suspend the cash out option for a while
  • Wager is on a major sport - sometimes smaller leagues don't have the feature
  • The game isn't about to end - if the game is about to end, FanDuel will stop allowing cash out

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