Heading into the closing stages of any sports bet you have placed is a very nervous experience, you are minutes away from either winning a good amount of money or coming away with nothing. This is where
cash out at betting sites
are becoming more and more popular.
This guide will show you how to execute a good cash out strategy and explain when and not to use the cash out option during your sports bets.
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What Is Cash Out In Betting?
Cash out at betting sites is very self-explanatory. It is a very popular function which is used at the majority of the
top UK online bookmakers. Cash out betting allows punters a chance to make a profit - and in some cases a loss - by ending their bet before the sporting event in question has come to an end.
Using a cash out strategy allows you to follow the bet online and see what offer is on the table from the bookmaker. If your selected team has a narrow lead and you are not confident of them hanging on, then using the cash out option is seen as a safety net.
The amount you will receive from a cash out depends on a number of factors. It will depend on how much you have initially staked and how close to the end of the event it is.
It is important to note that not all sports will have a cash out option. The cash out strategy is very popular in football as part of the in-play feature.
Cash Out Example
An example would be if you had backed Arsenal to beat Paris Saint Germain in the semi-finals of the Champions League. The game is 1-0 to Arsenal heading past the 70th minute mark, you have placed a £10 bet on the Gunners to win.
At this stage, you are on the way to winning the full bet, but PSG are starting to dominate. You check your cash out option and you decide to cash out immediately as you do not have confidence in Arsenal holding Paris out.
That bet will end with Arsenal as the winner, no matter what happens in the final 20 minutes.
Best Betting Sites For Cash Out
Using a cash out strategy is getting more and more popular with some of the
UK’s best bookmakers. Below are a selected few bookmaker sites that provide you with the best cash out options and which are worth using.
BetMGM Pros And Cons
Full and partial cash out
Wide variety of sports
No auto cash out available
BetMGM is one of the top UK online bookmakers and continues to flex its muscles in the world of online gambling.
They have an amazing welcome offer of Bet £10 & Get £40 in Free Bets for new customers and it is one of the best welcome offers on the market.
When it comes to cash out, BetMGM has their own system that is easy to use for novice gamblers and experienced punters.
BetMGM provides their customers with full and partial cash out on a wide range of sports, including football, basketball, rugby league and cricket.
The cash out format is simple to understand. The games in which you can cash out on are clearly labelled and you can use this system on both the desktop and mobile app - as they basically mirror each other.
BetMGM does not have an auto cash out feature like Bet365 does, but that doesn’t take away from their own cash out system. It is easy to use and can be beneficial to the bettor if used correctly.
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New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned.
18+. T&Cs Apply.
Bet365 Pros And Cons
Full and partial cash out available
Auto cash out option
Temptation to not let the bet run
Bet365
is one of the most popular sites when it comes to a cash out strategy. Customers have the option to use a full cash out option, a partial cash out or even an auto cash out. Bet365 are the only UK betting site to offer all three options.
The full cash out option allows punters to take out a specific amount before the game has ended. With the partial cash out, customers can take out some of the winnings and leave the rest in for the remainder of the sporting event.
The auto option allows the customer to enter a chosen amount and once the cash out value reaches that number, the bet will immediately cash out.
Sports Bonus
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Open Account Offer Bet £10 & Get £30 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. The bonus code can be used during registration but does not change the offer amount in any way. Time limits and T&Cs apply. Registration required.
William Hill Pros And Cons
Full and partial options for cash out
Control over your bets
Cash out not available on bonuses
The cash out feature at William Hill is basically identical to a lot of the betting sites in the UK. It gives you the option of cashing out and potentially making a profit before the sporting event you have chosen has finished.
William Hill offers both a full and partial cash out option. This means that you can take out the full offer before an event is finished, or cash out a percentage and wait until the game is over to see if you have won any more.
The downside to the William Hill cash out system - although this is common with most UK bookmakers - is that you do not have a cash out option if you are using a welcome offer or free bet.
Sports Bonus
3.3/5
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Bet £10 and get £30
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18+. New customers using Promo code R30 only, Min £10 stake, min odds 1/2, free bets paid as 3 x £10, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions and
full T&Cs apply.
GambleAware
Ladbrokes Pros And Cons
Full cash out option
Can cash out online with shop receipt
Not all sporting events have cash out
Ladbrokes prides itself on being one of the innovators when it comes to a betting cash out strategy. They were one of the first UK betting sites to implement this option.
The cash out option is available on selected betting events which allows you to take out money before the event has ended.
Although online betting is the way to go in this day and age, some punters still like to place a bet in a shop. Even if you do this you can still cash out online if you want to. You will need to go to the website and type in your 14-digit receipt number and press submit to implement your cash out.
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Restrictions + T&Cs apply.
How Cash Out Works - Cash Out Meaning Explained
The art of being successful in sports betting is being able to keep your nerve, but sometimes the temptation of having money in your betting account becomes too much. This is where you can use cash out at betting sites.
Cash out at betting sites is there to help you at least win some money, but it’s also put there by the bookmakers to place doubt in your head about whether you trust your bet or not.
If the customer cashes out and the bet goes on to win, then the bookmakers are happy, but the customers are content because they have at least come away with something - although they would much rather have won the full amount.
When working out your cash out strategy you will notice a few options at UK betting sites, here is what they mean.
Full Cash Out
The full cash out option allows the sportsbook bettor to end the bet at any time and receive some form of pay out. Most customers will only cash out late into the game or event if they are doubtful the team they have backed will hang on to claim victory, or they have changed their mind on the outcome of the bet.
By using the full cash out, the punter will take a portion of their winnings depending on how the game is going and how long is left. The amount you cash out on will be quite less than what you would claim if the bet ran to the end, but sometimes taking a small amount home is better than losing it all.
Auto Cash Out
At the time of writing, only Bet365 offers the option of an auto cash out. This allows sports bettors to create a rule that sees them enter an amount of money they wish to receive from the bet. Once the cash out reaches that set amount, the bet will immediately cash out.
If you place a bet with the expected winnings listed at £150, you can set a an auto cash limit of £80 - if you think you would be happy winning that amount. Once the cash out amounts reaches your selection of £80, the bookmaker will automatically cash your bet out and credit your account with the £80.
Partial Cash Out
This is very similar to the full cash out option, but it gives you an extra opportunity to boost your eventual winnings. You can use the partial option to cash out a percentage of the bet and let the rest of the bet run until the end of the game.
You will automatically claim an amount and if the bet ends up being a winner, you will then receive the remaining amount left on the bet. Remember, if you use the partial cash out and the bet goes on to lose, you will only receive what you initially cashed out.
Does Every Betting Site Offer Cash Out?
It is easy to see why most UK bookmakers have cash out implemented into their sites, but not everyone has got on board as of yet.
You will know through your own betting research that there are a large number of sites available to help you on your sports betting journey.
For whatever reason, not all sites have the option but you will notice that the majority do as they believe this function is very important as it gives the customer the choice on whether they let the bet run or cut their losses and take a smaller payout.
Cash out has become that popular in recent years, it would not be a surprise if all of the top UK online bookmakers will have this system rolled out in the next couple of years.
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned.
18+. T&Cs Apply.
18+ New Customers Only. Opt in and bet £10 on sports (odds 1/1+) within 3 days of signing up. Get 3x£10 Free Bets for set markets (odds 1/1+) which expire in 5 days. Click for T&Cs. GambleAware.org | Please gamble responsibly
New customers only. Register (excl 05/04/25), deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility exclusions & T&Cs Apply.
New customers & 18+ only. Min. deposit of £10. Qualifying real money bet of £10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer awarded immediately but could be issued the next working day in exceptional circumstances such as technical fault. Additional T&Cs apply. Please gamble responsibly.
New cust only. Opt-in required. Deposit & place a bet within 7 days and settle a £10 minimum bet at odds of 4/5 (1.8) or greater to be credited with 3 x £10 Free Bets: 1 x £10 horse racing, 1 x £10 Free Bet Builder and 1 x £10 football. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Stake not returned. 18+. T&Cs Apply.
How To Cash Out Your Bet
We have explained how the cash out function works, but sometimes a step by step guide helps you understand how the system actually works.
Below is an easy to understand guide that allows punters to correctly cash out their bet without too much concern.
Go to your selected online bookmaker
Place your bet with the cash out function available
Head over to the My Bets page
The cash out value will be displayed before your bet
At the side of the cash out amount will be an icon with three lines
Click on this to choose which cash out function you want to use
Click the Create Rule tab
Select Auto Cash Out, Partial Cash Out or leave it as the Full Cash Out
What Cash Out Betting Markets Are Available?
Not every single sports betting market has the cash out function. Granted, there are a lot of markets available, but it is important to know which ones are accessible.
Below is a list of the available cash out markets with different sports. Select the ones you think will give you the best value when it comes to cashing out.
Football Cash Out Markets
Full-Time Result
Double Chance
Correct Score
Half-Time/Full-Time
Goals Under/Over
Both Teams to Score
Goal scorers
Multi Scorers
Asian Handicap
Result & Both Teams to Score
Handicap Result
Winning Margin
Scorecast
Wincast
Horse Racing Cash Out Markets
Win Only
Betting Without
Cover Bet
Selection to Win
Selection to Place
American Football (NFL) Cash Out Markets
Game Lines
1st Half Lines
2nd Half Lines
Winning Margin
Double Result
Result and Total
Race to (Points)
Cricket Cash Out Markets
To Win Match
Top Team Batsman
Total Runs in Match
Top Team Bowler
Total Match Sixes
Total Match Fours
1st Innings Score
Darts Cash Out Markets
Match Winner
Handicap 2-Way
Correct Leg Score
Correct Set Score
Highest Checkout
Rugby Cash Out Markets (Union & League)
Handicap
Result
Boxing Cash Out Markets
To Win Fight
Round Betting
Fight Outcome
Total Rounds
How Is Cash Out Calculated?
When it comes to cashing out mid-bet, most punters just see that is a fraction of what they would receive if they allowed the bet to run and that bet went on to win.
There is a little more to it than that. The cash out price is based on a formula which includes the original wager, the starting odds and the potential winnings.
Should I Cash Out In Betting?
A lot of punters start to doubt their bet the second it has been placed. Therefore, they like to use cash out as a safety blanket.
They are willing to only make a small profit - and sometimes even a loss - just so that bet does not officially lose.
Why do people cash out? That is a question that is asked every day. Sports bettors cash out because of three things - to receive smaller earnings, to just cut their losses as one leg is severely letting them down or to get back some of their initial stake in order to place another bet.
What Is The VIG In Cash Out Betting?
Punters should already know what the Vig is when it comes to sports betting. It stands for vigorish and it is the house edge. It is the cut the bookmaker takes for you to put your bet on.
The bookmaker will always be looking to make a profit and the Vig helps them to do that.
Pros And Cons Of Using Cash Out In Betting
Cash Out Betting Pros And Cons
Control over your bets
Can secure profits
Minimises losses
Cash Out At Betting Sites Conclusion
Cash out options are becoming the norm in terms of sports betting, but there are still a number of people who do not like the option.
If you like to let your bet run and leave your fate in the hands of the sporting gods then cashing out is not really for you. If you just want to continually make small profits and build up your cash balance that way, then using cash out at betting sites can help you do that.
It will not be too long until every single sports betting site in the UK has a cash out option. It is too popular to go away. For the one person who doesn’t like the cash out option, there will be another 50 who love it.
If you are a betting novice and you are not comfortable losing money all the time, then cashing out is a way of you being a winner. More advanced bettors will let the bet run because they are chasing the higher amounts.
Cash out at betting sites makes the journey a little bit more interesting. You are constantly following the action to see when the best time to cash out is.
Cash Out Betting FAQs
❓ What Is Cash Out In Betting?
Cash out is an option that the top bookmakers include to allow punters to take money from their bet before the event is over.
🤷 How Does Cash Out In Betting Work?
Cash out works by the online bookmaker offering you a portion of your potential winnings before the bet has been completed. If yiur bet is going well, the offer will continue to improve. It is up to you whether you hold your nerve or cash out.
⏱️ When Should I cash Out?
There is never really a right or wrong time to cash out. It is down to how you feel in that moment. You could cash out for a smaller amount and the bet goes on to lose, so you kind of win. There have been times when people have cashed out and the bet has been successful seeing them lose a decent amount. So, it is down to that actual moment and how you feel your game is going.
🆓 Can You Use Cash Out On A Free Bet?
The general consensus is that you cannot cash out with a free bet. There are some exceptions to that rule, where you will only get a cash out offer once the amount you will receive surpasses the amount of the free bet. It is safe to check out each site before using cash out.
💷 What Does Cash Out Suspended Mean?
If you see ‘suspended’ on your cash out bet, that means something significant is occurring in that game. A goal could have been scored, VAR could be checking something or a player could be being sent off. All these options could have an effect on the outcome, so the bet is suspended until it is resolved and the cash out amount is altered.
❎ Why Is Cash Out Unavailable?
Not every single bet you place will have the cash out option. The ones that do allow cash out will be clearly signposted. If you believe your bet needs cash out for whatever reason, it is important to check with your bookmaker that the function is available before you place any bets.
❔ How Do I Know When To Cash Out?
The decision to cash out can only be decided by you and nobody else. Only you as the bettor knows how much money you can afford to lose and what you feel is an acceptable return.
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned.
18+. T&Cs Apply.
18+ New Customers Only. Opt in and bet £10 on sports (odds 1/1+) within 3 days of signing up. Get 3x£10 Free Bets for set markets (odds 1/1+) which expire in 5 days. Click for T&Cs. GambleAware.org | Please gamble responsibly
New customers only. Register (excl 05/04/25), deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility exclusions & T&Cs Apply.
New customers & 18+ only. Min. deposit of £10. Qualifying real money bet of £10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer awarded immediately but could be issued the next working day in exceptional circumstances such as technical fault. Additional T&Cs apply. Please gamble responsibly.
New cust only. Opt-in required. Deposit & place a bet within 7 days and settle a £10 minimum bet at odds of 4/5 (1.8) or greater to be credited with 3 x £10 Free Bets: 1 x £10 horse racing, 1 x £10 Free Bet Builder and 1 x £10 football. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Stake not returned. 18+. T&Cs Apply.
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BetMGM UK Bonus
Bet £10 Get £40
18+. T&Cs apply.
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non-UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned.
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18+ New Customers Only. Opt in and bet £10 on sports (odds 1/1+) within 3 days of signing up. Get 3x£10 Free Bets for set markets (odds 1/1+) which expire in 5 days. Click for T&Cs. GambleAware.org | Please gamble responsibly
