Which betting sites offer cash out?
Many betting sites are now offering their customers a Cash Out feature. What this means is that when placing a bet online, you can ask for all, or part of your winnings before the event you have placed your bet on has finished. This allows you to gain winnings much quicker when you need the cash in a hurry. Sometimes it can also mean that you gain a profit or you can use this feature for reducing your possible losses. Below we explore some of the top online betting sites that operate a Cash Out feature.
List of Betting Sites that offer Cash Out
|Online Bookmakers||Bookmaker's Promotion||Bonus Amount||Bet Now|
|Bet365 first deposit bonus||£200||Bet now|
|Ladbrokes £50 free bet offer||£50||Bet now|
|Bwin first deposit bonus||£30||Bet now|
|Coral Free Bet Offer - Bet £5 Get £20||£20||Bet now|
|Sportingbet £50 Risk Free Bet||£50||Bet now|
|Winner.com £200 Free Bet offer||£200||Bet now|
Let’s look more deeply at betting sites that offer cash out feature:
Bet365 Cash Out
When you place a bet with bet365 using their Cash Out feature, then you have the opportunity to track all of your bets and to cash your winnings anytime during the event. If you still don’t have a Bet365 account you can use this link to claim the 100% deposit bonus offer up to £200
bet365 operates a very simple system for this feature. Customers simply need to select the Cash Out button to either ask for a full or partial payout. When asking for a full pay out, the amount you will receive instantly will not reflect the actual outcome of the event. If you opt for a partial payout, the remaining stake will be affected by the event's outcome. So you may win more or alternatively lose money.
The Cash Out option is available for a election of sporting events that include: tennis, soccer, horse racing, basketball and cricket. Customers are only able to use the partial Cash Out option with straight accumulator bets and single bets.
For more information about bet365 cash out feature you can read our Bet365 cash out feature article.
Ladbrokes Cash Out
Ladbrokes offer a Cash Out facility on a selection of everts. Customers are able to see if their particular event has a Cash Out option by selecting the My Bets screen. If Cash Out is available, there will be a button on screen. Simply press this button and you will see conformation that the bet has been placed. As Cash Out is an added extra, it is not available for all sporting fixtures. Therefore customers need to carefully check before they place a bet to see if Cash Out is available. If the Cash Out button is grey, then the service is not available for that particular bet. Don't forget Ladbrokes offer £50 free bet for new customers.
Receiving Cash Out is very simple. If you place a bet and then decide to Cash Out, but the value has lowered since you placed your bet, you can either continue to receive your payment, or continue to wait. If the value has increased, and you still wish to proceed with the payment, then you will receive the higher pay out.
For detailed information about Ladbrokes cash out feature please check Ladbrokes cash out option article.
Bwin Cash Out
The Bwin Cash Out feature allows you to Cash Out at any time during the event and even before it begins. The process is very simple. Select your bet and then select the Cash Out feature, making sure that you receive confirmation that the Cash Out request has been accepted. With Bwin you can Cash Out on multiple bets, single bets, live bets and pre-event bets. When choosing the Cash Out option, it will be made available immediately.
Thee are certain times when the Cash Out feature is not available to customers, These include: system bets, certain sporting events, Free Bonus Money bets and betting links that provide promotional offers. Customers receive their cash payment based upon their original stake, completed selections and the price of any unsettled bets. Therefore the Cash Out could be greater or less than the original stake.
For more information about Bwin cash out you can read our Bwin Cash Out Feature article.
Coral Cash Out
Coral.co.uk offer both full and partial Cash Out features that allow customers to receive their winnings before the event has finished. As with any Cash Out offer, you may gain or lose when you choose to receive your payment. What Coral.co.uk offer is the ability to see if you are in profit. When the Cash Out button is Gold coloured, then you will make a profit if you chose to Cash Out. Alternatively, when the button is Orange, the amount you will receive will be lower than your original stake. To Cash Out, all you have to do is to press the Cash Out button, wait for the conformation message that the process has been completed and the funds will be automatically credited to your account.
With the partial Cash Out option, you are allowed to Cash Out up to ten percent of the total in increments. However, there are certain occasions when you are unable to place a partial Cash Out. These are if you only have 10p left of your remaining bet, if it is a Free Bet, if it involves special offers or promotions or there are only 5 minutes left to the bet finishing.
You can find more information in our Coral Cash Out and Partial Cash Out Options article.
Sportingbet Cash Out
At the moment Sportingbet Cash Out is only available on the desktop site, but it will soon be coming to mobile devices. They offer both full and partial Cash Out options. With Sportingbet Cash Out option, the winnings may be more or less than the initial stake, as winnings are never guaranteed. Free Bets are not eligible for Cash Out, and the same is true for promotional vouchers.
The process for placing a Cash Out bet is very straightforward. Customers need to access the My Bets area and to select the Cash Out option. Cash Out bets are currently available on a range of sporting fixtures that include football, tennis, cricket, rugby, snooker, drafts, ice hockey and baseball.
Winner.com Cash Out
Customers can choose to Cash Out on the Open Bet section of Winner.com. Customers do need to confirm Cash Out before the payment is processed. Customers are able to place multiple or single bets and even bet before the event has started. The Cash Out functions not available for all events and there will be some occasions when you are unable to access Cash Out. This may be when there are in-play bets or suspended events.
Customers are able to bet on a selection of tennis and football matches. Customers are advised to check their Open Bets to see if the Cash Out button is in operation.
For more information about Winner.com cash out you can read our Winner.com Cash Out Option article.