Best Cash Out Betting Sites

Placing a bet can feel pretty final. All you have to do is wait and see whether you were right or wrong. But sometimes, especially in the case of live betting (in other words, betting during an event), you may have a change of heart—and the cash out option lets you get your money back before the event is over.

Even though this feature is a must-have for many punters, cash out betting sites are not the norm across the gambling industry, so many punters choose a platform based on whether or not they offer this feature. We made this list to help you choose from ten respectable providers, reviewed by professionals, with special attention paid to the gaming license(s), market presence, bonuses and free bets, and the various other options the bookie provides.

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10 Best Cash Out Betting Sites - November 2020

Rank
Website
Rating
Welcome Bonus
Key Features
Play
  • checkConstant promotions
  • checkGreat number of markets
  • checkAmazing reputation

18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + T&Cs apply.

  • checkGreat sports and league variety
  • checkPlenty of payment methods
  • checkConstant price boosts

New online customers only, min £10/€10 stake, win only, min odds 1/2., free bets paid as 2 x £15/€15, 30 day expiry, free bet/payment method/player/country restrictions apply.

  • checkExchange and sportsbook betting available
  • checkYou can get a price on any match
  • checkLoads of acca features

18+ UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £/€5 bet within 14 day of account reg at min odds 1/2= 4 x £/€5 . Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply.

  • checkIncredible number of markets
  • checkPlenty of money back offers
  • checkSoccer bet builder

Min deposit £5. Bet Credits 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. Time limits and T&Cs apply.

  • checkIn-depth stats and match data available
  • checkHigh winning limits
  • checkRunner-up prizes also available

New UK & NI customers only. 18+. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 10 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Full T&C's apply

  • checkExchange betting available
  • checkHuge number of live markets
  • checkPartial cash out available

New customers only, max £20 cash refund. Bet must be placed in first 7 days of account opening. Payment restrictions apply. T&Cs apply.

  • checkIncredible odds
  • checkPower prices
  • checkBet calculator

New customers only. Available to residents of UK or Republic of Ireland. Only deposits made via Cards or Apple Pay will be eligible for the promotion. Join with promotion code YSKAEQ. Deposit a minimum of £10.00 Bet up to £10.00. If your qualifying bet is settled as a loser you will get a refund in cash. T&Cs apply.

  • checkRacing and other sports are separate
  • checkNumber of available bets always visible
  • checkCompetitive odds

18+. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Full T&Cs apply.

  • checkConstant stream of free bets
  • checkDaily boosts
  • checkLive streaming for a number of events

New customers only. Min Deposit: £10. First deposit matched up to £10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card & PayPal deposits only. This offer is valid for 7 days from your new account being registered. Terms apply.

  • checkVery few limits on deposits and withdrawals
  • checkInteresting special markets
  • checkDetailed Help Centre

18+ Opt In, bet £5 at odds 2.00+ in 7 days of registering, no cashout. Get 2x£10 Free Bets, set events at odds 2.00+ & £10 Game Show Bonus, selected games, wager 40x to withdraw max £250. 7 day bonus expiry. Location, Payment Method & T&Cs Apply.

How We Rank Our Cash Out Betting Sites

When picking out the perfect site for you and your needs, there are several important factors to consider, as well as a number of less important ones that can make a difference in your total enjoyment of the platform. We took all of these into consideration and more. Let’s take a closer look at what our criteria is.

Presence on Market

Any bookmaker’s market presence is an important part of their image. Are they well-known among fans? Do they present themselves well? Do they have a good reputation? Do they have anything that sets them apart from others, like a marketing approach? What gambling licenses do they hold? For example, choosing among betting sites with cash out can mean evading companies known for their controversial advertisements—or going for them, if that’s your cup of tea. Either way, knowing how a gambling platform presents themselves lets you know whether they fit in with your own idea of what a platform for you should look like.

Bonuses and Free Bets

The vast majority of online bookmakers will have extras that sweeten the deal, like free or risk-free bets when signing up, along with boosts, insurances, and consolation prizes in case only one of your selections loses.

Not only do we check which of the best cash out betting sites offer the best promotions, we also go in and read the fine print so you know what you’re getting yourself into without learning it the hard way. This includes all the loopholes, from disqualifications based on the payment method you use for your first deposit, to the markets you may be restricted to, to the number of times you have to wager your free bet to be able to withdraw it.

Plus, no bonus is too small: we will also let you know if our chosen cash out bookmakers have, for example, the relatively common Best Odds Guaranteed on horse racing or daily price boosts on select markets.

Sports Variety and Betting Types

Although the best bookies can be relied upon to provide the most popular sports competitions from all over the world, punters who like to check relatively obscure markets from time to time should also have the opportunity to do so at their leisure. Additionally, virtual sports are a growing presence in the market, offering action that never stops for punters who are sick of waiting. Combined with cash out betting, this can make all the difference between a mediocre and an excellent betting experience.

On the other hand, knowing whether or not you’re able to combine markets from the same game in a multi can also come in handy, as many bookies do not offer this feature. Want a chance to get your money back? Make sure the bookie offers Asian Handicaps or Bore Draw refunds. This way, even if you don’t want to cash out before the event ends, you still have the chance to reclaim your stake.

Payment Methods

From April 2020, all betting platforms, including cash out betting sites in the UK do not allow clients to use credit cards for depositing and withdrawing. As for other payment methods, we check which ones are accepted, which ones come with strings attached like restrictions on promotions or extra identification requirements, and whether the platform charges any fees for their services. Finally, we also let you know if a bookie takes relatively unconventional payment methods like cheques in case you want to give it a try.

Customer Service

While you’re bound to run into an issue, no matter how big or small, at some point during your time spent punting, this doesn’t have to be an unpleasant experience. The best betting sites with cash out will also offer excellent customer service, walking you through the solution and patiently explaining every step of the way, no matter how simple. This doesn’t have to be a person: most bookies will have a Help Centre with detailed guides and articles about different issues, but also strategies, rules, and even tips that can significantly elevate your betting experience. In other words, the importance of a customer-oriented attitude cannot be overstated, especially since most platforms claim to place the customer first—we actually hold them to it.

But What Is Cash Out, Exactly?

Sometimes you find yourself seeing a term over and over again without ever exactly figuring out what it means and after a while, it feels like you can’t even ask anymore without making a fool of yourself. Luckily, search engines exist to answer all of your questions, while our article especially likes to handle those you never knew you had.

At its core, cash out allows you to get money from a bet that was already placed before the event you’re betting on is over. This can be the same amount as your stake, but it doesn’t have to be, depending on the circumstances. Some bookies allow partial cash out as well, meaning if you staked more than you’re now comfortable with, you can withdraw a part and let the rest run its course. As you might expect, your final payout, should your bet win, will only multiply your remaining stake with the odds of the bet, so don’t expect to win as much as you would have, had you left the entire stake alone until the end.

When a match is going exceptionally well, a particular bookie’s cash out system might let you take your winnings (which tend to be slightly smaller than what they would be if the match had run its course). This way, you’re profiting even if the result changes before the end, whereas users who chose not to cash out will lose. Conversely, if the situation isn’t turning out favourably for you, you can withdraw a part of your stake (rarely the full amount) to cut your losses. The majority of bookies will only let you cash out your stake in full if the odds have not changed in the meantime.

Many users find a good cash out strategy to employ in order to maximise their winnings. For example, knowing the ins and outs of a team’s gameplay can help you immensely. If a team has lost most of their previous games, but statistics show that they were usually the first to score, you can cash out while they’re in the lead. This is especially useful since teams on a losing streak tend to have higher odds compared to obvious favourites, and you can make it work in your own favour.

Short Reviews

As we’ve already concluded, although betting sites that offer cash out can give a significant advantage to punters, there are a number of other criteria to be considered. To make the choice as easy as possible for you, we’ve made a list of ten well-known bookmakers offering this feature, as well as a myriad of others, so you can narrow your own search down even if you don’t make a choice immediately. At the very least, you are likely to leave this article with a better overview of what to expect from these bookmakers.

Coral cash out is a thriving market that claims to put customers in control so they don’t have to wait before collecting their winnings. The bookmaker is also the biggest in the market, following their 2016 merger with Ladbrokes, with close to 2,000 shops all over the country. For UK punters, Coral is licensed and regulated by the British Gambling Commission, while for those outside the country, they hold a license from the Gibraltar Gambling Commissioner as well.

The bookie offers a sign up bonus where you get £20 for betting at least £5. However, Coral cash out rules state that the feature cannot be used in conjunction with any other promotion, so keep in mind that those free bets will not be available for cashing out, even if other bets would. This just means you shouldn’t rely too much on the free bets you can win there—not that you shouldn’t claim them at all. Other opportunities include a free-to-play game that can net you up to £50 a week, a free £5 bet for placing at least three £5 in-play singles during a week, and consolation prizes if your horse loses by a length.

Coral cash out in the app is even easier to use than the browser-based version, since it’s only a click away. Generally speaking, their app is one of the best in the market for all the features they offer, but their mobile site is equally simple and intuitive if you’d rather not install anything on your phone. Their customer service can be reached through live chat and email, but their Help Centre also offers guidance for almost any problem you might have.

You can pay with a number of payment methods like debit cards, ewallets, and prepaid vouchers, and while some promotions are only available to users who deposit using cards, cash out at Coral UK is not subject to such restrictions. Finally, although Coral offers a wide variety of sports and markets, you can only use this feature on horse racing, football, tennis, cricket, darts, snooker, basketball, boxing, volleyball, and handball, and it is not guaranteed to be always available.

William Hill is one of Britain’s most popular bookmakers, licensed and regulated by the UK Gambling Commission for this region, and the Gibraltar Gambling Commission for all other customers from all over the world. They were founded in 1934, when gambling was illegal, and has since grown to over 1,500 physical betting shops in the country. William Hill cash out, which is called Cash In My Bet at this bookmaker, has a maximum settlement value of £50,000, which is generous enough for the vast majority of punters.

Newcomers to this bookie have to open an account using the P30 promo code and bet at least £10 to receive £30 in free bets. You can also get a free daily boost or acca insurance through their Acca Freedom feature, plus various boosts on select markets. Interestingly, even if you’re using a free bet to place your wager, William Hill cash out rules state that you can still use the feature, minus the value of the original free bet. This is not the norm across the industry, as many do not allow combining different promotions in a single bet.

However, this feature is not available across their very wide range of sports and competitions, but is instead restricted to football, horse racing, tennis, baseball, basketball, boxing, cricket, darts, golf, and snooker, for both pre-match and in-play bets. They also allow partial cash out. The bookie offers excellent customer service, but also in-depth customer help sections covering topics like how to cash out at William Hill, all the terms and conditions, plus a wide variety of other guides and explanations. 

The bookmaker accepts debit cards, ewallets like PayPal, and prepaid vouchers as payment methods, and since withdrawals are based upon a closed loop system, you may have to provide additional identification when adding a new withdrawal method. Their myriad of betting markets is complemented by the Your Odds feature, which lets you tweet a specific market you’d like to see at the bookie, who replies by naming you the price.

Ladbrokes was founded back in 1886 and, since their merger with Coral, they’ve become the biggest bookie in the UK. Ladbrokes cash out is, unsurprisingly, a commonly used feature at the bookie, but they’re far from the only attractive feature that has customers coming back to them. Just like most respectable bookies, they’re regulated by the British Gambling Commission in the UK and the Gibraltar Gambling Commission for the rest of the world.

The platform’s welcome bonus offers newcomers £20 in free bets once they’ve wagered at least £5. They also have free daily boosts on any match or sport, loads of acca features, and free-to-play games that can have some pretty generous rewards. According to the Ladbrokes cash out rules, the feature cannot be combined with other promotions, so don’t waste your free bets under the assumption that you’ll be able to cash out your bet during the event. Plus, cash out itself is subject to other restrictions and is not necessarily available on all markets all the time, so not being able to combine it with, say, free bets is not necessarily a catastrophe.

Speaking of restrictions, the feature is only available on select football, horse racing, tennis, cricket, darts, snooker, basketball, boxing, volleyball, and handball markets. The full list of available betting types can be found under their extensive Help tab. Ladbrokes Grid cash out is a special feature available to users of the Grid, an upgraded betting account, letting people cash out in-shop bets by entering a 14-digit code from the bet slip into the app.

Finally, the company’s payment methods include debit cards, ewallets, and prepaid cards with the usual restrictions: no welcome bonus for users of the latter two, some slower settlement times when it comes to withdrawing, but also no fees. For assistance, users can reach out to customer support through email and chat.

Bet365 cash out is a standard feature, but far from the only one making this bookie attractive to customers from all over the world. The gambling platform was founded in 2000 by Denise Coates in Stoke-on-Trent, and their chairmen hold the same positions at Stoke City FC. They’re licensed by the British Gambling Commission for operating in the UK, as well as the Malta Gaming Authority for elsewhere. Their other attractive features include bet builders separated by sports, each way extras, bet edits, live streaming, and others.

One original feature of particular note is auto cash out at Bet365. When placing a bet, you can fill in a request for an automatic cash out in case the cash out value reaches or exceeds the limit you set. You can also remove this before the bet settlement, as well as only have it run on part of the bet, leaving the rest to be settled in accordance with the final result of the event. All bets that can be cashed out can be found under the My Bets section with the current price, and you can favourite any that you want to keep at the top of the list so you can use the feature even faster than usual. Bet365 partial cash out is also available outside of auto cash out, where a slider lets you choose the amount you want to take and leave the remainder until the end.

Those who sign up with Bet365 for the first time will receive up to £100 in bet credits, matching their qualifying deposit. This means that if your first is at least £5, you’ll get the same amount from the platform, but if it is above £100, you can only receive £100 from them. Bet365 cash out rules state that the feature cannot be combined with some bonuses, but not all fall under this rule, and the specifics will be available under the Terms and Conditions of each promo. Finally, Bet365 customer service is excellent and available through email and live chat, while payment methods include debit cards, ewallets, and prepaid vouchers.

Betfred was founded in 1967 by the Done brothers (rhymes with bone). The number of shops they currently operate throughout the UK was 1,650 as of July 2017, although there are no later reports. Betfred cash out in shop, however, is only available if you enter the code on your paper slip into the online platform, as you can’t get paid out directly in the shop. Betfred is licensed by the British Gambling Commission, as well as the Gibraltar Gambling Commissioner.

Betfred’s welcome offer gives users £30 for betting at least £10 when they first sign up. Punters can get plenty of other free bets as well, for example, if their horse finishes second, while guessing the first goalscorer in a football match and him going on to score a brace or hat-trick can double or triple your win, respectively. Betfred cash out is not available for bets placed using free bet credits from the platform, so choose wisely.

If you can’t find the market you’re looking for because it’s very specific, you can tweet it at the Betfred Twitter account and have them name you a price, which opens up a myriad of betting possibilities. Those are available across a wide variety of sports, although the cash out feature is only available for horse racing, excluding singles, football, and golf. This is significantly less than most other bookies, but still enough for many punters. If you placed your bet in a shop, to use Betfred cash out, the slip is required, since you’ll be entering the code from it into the online platform.

Betfred’s Help section will answer any questions you might have, but even if it doesn’t, you can contact their customer support who will be happy to assist you. While the bookie accepts cards, ewallets, and prepaid cards, using anything but the former means you won’t be able to use their welcome bonus.

Betfair operates the world’s largest online betting exchange, aside from its sportsbook with fixed odds betting, and Betfair cash out is available on both platforms. The bookie has both partial and complete cash out with a slider that lets you choose how much you want to take and an exhaustive list of all markets currently offering this feature. Cash out also has a confirmation screen, preventing you from accidentally triggering the option, which is not reversible. The bookie is licensed by both the UK Gambling Commission and the Malta Gaming Authority, as well as the Danish Gambling Authority, the Swedish Spelinspektionen, the Italian Agenzia delle Dogane e dei Monopoli, the Spanish Dirección General de Ordenación del Juego, and the Romanian Oficiul National pentru Jocuri de Noroc.

The Betfair exchange cash out option is no different in its effect than the sportsbook version, but the way this is achieved is slightly different: triggering the feature will place a bet on the Betfair market to lock in a position, be it a profit or a loss for you. If it’s a profit, you’ll be paid out once the event is over; for a loss, the change will be deducted from your account immediately. However, you may not be able to cash out if there is not enough liquidity in the market.

Unlike many other bookies, Betfair cash out rules let you use it even with free bets. Simply signing up for the exchange and betting at least £20 will refund you up to £20 if your first bet loses, but you can win free bets by betting on multiples (£5 free bet for betting £20+) and through a loyalty bonus which gives you £5 weekly for betting at least £15. You can also earn up to £50 in cash for referring up to five friends for £10 each.

The Betfair cash out calculator is another immensely helpful feature, letting you know how much you’re profiting or losing in case you decide to cash out and what your potential profits are, should you decide to leave the bet to run its course. To start playing at Betfair, you can deposit funds using debit or prepaid cards and ewallets, while their customer support is available through a message via the platform, Twitter, or their Facebook account.

Paddy Power is the biggest Irish bookmaker with a sizable market in the UK as well. Founded in 1988, it is now available in 613 locations, while the Paddy Power cash out feature looks after their punters’ best interests. The bookmaker’s parent company is now called Flutter Entertainment, following a merger with Betfair in 2016. They hold licenses from the UK Gambling Commission and the Malta Gaming Authority.

Newcomers to the platform can bet their first £10 risk-free: if the bet loses, the bookie refunds you. There are plenty of other promotions, winning you free bets after betting at least £5 on different sports, if one leg of your acca lets you down, or if the starting price favourite greyhound you bet on finishes second or third. Paddy Power cash out markets include wagers placed with free bets as long as your cash out exceeds the value of the free bet. When you opt for partial cash out, the remainder is wagered at the current odds.

All available markets have the cash out icon next to them, and the bookie offers detailed explanations on how to use the feature both in the browser and in the app, with pictures and written instructions you can refer to at any time. The Paddy Power cash out app feature is not too different from its browser-based counterpart, but these instructions are part of the bookie’s excellent customer service.

When it comes to the payment methods you can use, Paddy Power offers more: aside from the usual (prepaid and debit) cards and ewallets, you can also top up your account in a brick-and-mortar shop, or even get a free Cash Card PPlus, which lets you withdraw your winnings on ATMs, spend them online, or buy your mates a round.

Although Paddy Power cash out in play is the feature’s most common use case, it can also be used before the event even starts if you’ve changed your mind and want to get your stake back, or even just wager less, minimising your risks (as well as potential profits).

Unibet was first founded in 1997, with their founder, Anders Ström, taking bets over the phone before launching their web platform in 1999. Nowadays, they claim to have over 11 million customers in over 100 countries. Its parent company, the Kindred Group, holds licenses from both the Gibraltar Gambling Commissioner and the UK Gambling Commission. Unibet cash out is a popular feature which serves the same purpose as with any other bookie, but this one also offers you the chance to win exciting prizes if you share a screenshot of your cash out on Twitter with the #CashOutKing hashtag on a weekly basis.

New users on the Unibet platform can bet up to £40 risk-free, meaning their stake gets returned if their first bet loses (excludes horse, greyhound, and harness racing), plus a £10 casino bonus. Other bonuses let users win free bets for exceeding a certain wagering threshold which differs between sports or betting on specific competitions. Unibet cash out rules do not mention any restrictions on using the feature with other bonuses, not even in their extensive Terms and Conditions.

Unibet lets you withdraw your winnings before the match is over on football and tennis events. For your standard betting types that do not allow for cash out, there are plenty more sports and markets, many with their own promotions, which can act as a consolation for the lack of cash out sports varieties. But if you’re a diehard football fan, the platform lets you use the feature on more than 20 pre-match markets, live bets, and outright markets. A Unibet cash out calculator is, however, a feature sorely missed on the website, so we hope the provider will soon decide to add it.

Unibet’s customer service is excellent, with help available through their extensive FAQ section, a community forum, a freephone number, live chat, and email. The deposit methods include prepaid and debit cards, plus a wide range of ewallets.

Betway is one of the younger bookies on our list, founded in 2006 and holding the Guinness World Record for the largest ever jackpot payout in an online slot machine, when they paid out more than £13 million in October 2015. Betway cash out is another way in which they let their users win more (or, in some cases, win at all), and its availability is denoted by an icon next to the eligible markets.

Betway’s welcome offer matches users’ first deposit up to £10 in free bets, which can also be used with the cash out feature, although the free bet will be taken into consideration and not returned to the punter. Other bonuses pay out users as winners if their team leads by a certain amount of points, depending on the sport, and give free bets for participating in select events. Betway partial cash out is especially useful in many of these events, as it lets users claim some of their winnings while still keeping them in the game.

Finding a sport you’re interested in on Betway is very easy, as their user interface is simple to navigate and their sports offer excellent. Horse racing, however, is subject to special rules when it comes to cash out, as it is only available on multiple bets, never singles, and only after there is one resulted selection on offer. Plus, cash out includes best odds guaranteed, so no further payment will apply.

Customer support is another excellent part of this provider. Figuring out how to cash out on Betway is extremely easy through their Help Centre, which offers guides and articles on everything relating to this feature. You can also contact a customer service representative through a live chat link of the FAQ section is not helpful enough. For payments, prepare your prepaid or debit cards, or alternatively an ewallet.

BetVictor is an independent bookmaker founded in 1946. They were initially named after their founder, Victor Chandler, before rebranding to BetVictor. They’re licensed to operate in Great Britain, Ireland, and Gibraltar, as the latter gives them the right to offer services to customers from a number of countries all over the world. BetVictor cash out is available on football, tennis, basketball, horse racing, snooker, badminton, table tennis, and volleyball, for the most popular markets for each sport.

BetVictor’s welcome offer gives new users who bet at least £5 a total of £30, as one £10 free bet for singles, one £10 free bet for accas, and a £10 casino bonus. This bonus is actually separated between sports and horse racing, so users will have to choose between the two when signing up. However, the bookie doesn’t have offers for existing customers, which is a bit of a disappointment. BetVictor cash out rules also state that the feature can be used when the wager was placed with a free bet as long as the cash out amount is greater than the bet, which will then be deducted from the total.

The lack of promotions is more than made up with the variety of sports on offer, especially considering how many you can cash out on. The markets available for cash out include the usual match betting, but also handicaps, goal lines, double chances, etc. The details are available in the bookmaker’s extensive FAQ section, which also explains how to use BetVictor partial cash out—namely, by entering the amount you want to cash out manually. In this case, you’ll still be able to use the feature if your bet was made using bonus funds, just as long as the cash out offer on display exceeds £1. Finally, BetVictor accepts debit cards, ewallets, and prepaid vouchers as payment methods.

Wrap Up

Although cash out is an important feature of any bookmaker, it is far from the only one that should be considered when making this choice. Other important factors include whether the bookie allows users to cash out bets made with bonus funds and how many sports the feature covers, meaning once you find out which betting sites do cash out, you can find those that offer choices tailored to your needs. The only certainty is that cash out is here to stay, and any betting sites that still do not offer this will soon get left behind.

FAQ

How does cash out betting work?

When betting, you usually have to wait until a certain event triggers the end of your bet, be it the first goalscorer, the end of the match or a part of it, or anything else that you decided to bet on. In other words, the bet ends when you know whether or not you have won, or, in some cases, if you have been disqualified for whatever reason. Betting sites with a cash out option let you circumvent this by releasing your profits (or cutting your losses) before this happens. This can be used to receive your stake back or even just to withdraw some of the profits and leave the rest to run its course, also known as partial cash out. In this case, the rest of the bet is recalculated according to the odds from the moment of the cash out, not the ones from when you first placed your bet.

How is cash out calculated?

Cash out value tends to be lower than what you would receive if you left your bet until the end and it won. In short, the amount offered for cash out is calculated by using those potential winnings and the current odds on the same market, the ones available to people placing the same bet right now. But you may notice the maths does not necessarily check out perfectly: this is because cash out betting sites often take an additional margin from this amount, meaning it will be slightly lower than this calculation.

The long version is that a bookmaker calculates your cash out amount by taking your potential winnings and dividing them by the current odds. For example, if you placed a £10 bet on a market with odds of 3.0, your potential winnings are £30. If the current odds are 2.0, this means that your cash out amount will be £30 / 2 = £15. However, with the additional margin, you should expect that value to be below this amount.

What is auto cash out?

Auto cash out is a feature that lets you set the limit up to which you’re willing to let the bet run. Once this amount is available for cash out, the feature triggers, automatically sending you the money. This can be used for both securing profits and minimising losses, as in the latter, the system lets you pull out before you’ve lost everything.

How does partial cash out work?

Many gambling providers will also offer partial cash out, letting you withdraw some of your winnings, while leaving the rest of the bet until the end of the event. Once you start the process of a partial cash out, the platform will send you the part of your winnings to your account, while the rest of the bet is recalculated according to current odds. 

This feature is usually available at all the best betting sites for cash out. It is most commonly integrated with the normal cash out feature so that you have to use a slider to choose the amount you want to withdraw. Moving the slider will both tell you what amount you’re withdrawing, but also how much you’re leaving in the bet and even what the potential returns on the rest of the stake are. This means you are unlikely to have to calculate anything by heart—bookies usually do all of the mathematics for you.

When should you avoid cashing out?

Many punters can get overly cautious when they’re offered to cash out. However, in many cases, it can be much better to let the bet run (especially if it has a high likelihood of winning) than to cash out. As we’ve already mentioned, not only will you be missing out on excellent returns, but your actual return will be slightly lower than it should be due to the extra margin taken by the bookie. Many betting apps with cash out allow for partial cash out for this exact reason, so you can assuage your concerns while still gambling. However, not all of them do, but it is a well-established fact that being too careful when it comes to betting can make you miss out on potentially incredible profits. Remember: “He who dares, wins,” as our favourite Peckham-based entrepreneur would put it.

Who are the best bookmakers for cash out?

The best bookmakers for cash out are those that offer other features that are important to you. Take a look through our list and see which ones fit your bill. If you like to mitigate your risks, keep an eye out for those offering partial cash out. The same goes for bonuses and extra offers: if you can’t do without those, simply don’t open an account with a bookmaker that doesn’t offer them regularly.

Which sports can you cash out on?

Although this depends heavily on the bookmaker, the vast majority offers cash out on football and horse racing. Other sports often include tennis, cricket, basketball, volleyball, boxing, golf, darts, snooker… The rest of the list is highly dependent on the bookie you’re using, so if you’re a fan of other sports but would like to be able to withdraw your winnings or cut your losses before the end of the event, you will have to check the rest by seeing which bookies offer cash out (hint: it’s all of these on our list) and under what conditions, including the variety of sports on offer.

However, keep in mind that even if the feature is available on the sport you’re interested in, there is absolutely no guarantee it will be available on every market, every time. Some bookmakers restrict the number and types of markets you can cash out on, often not even offering cash out on a certain event at all.

Can I use cash out with my welcome bonus?

This also depends on the specific bookmaker. Some prohibit this outright, while others will let you cash out on bets placed using bonuses, but only when the cash out amount is higher than the free bet, and you should expect the free bet to be deducted from the total amount you will receive. In other words, you won’t be able to cash out when you’re losing in order to cut your losses, since, in reality, you don’t really have any losses—you’re already playing for free.

Which submarkets can you cash out on?

Another bookie-dependent thing: the vast majority of bookmakers with this feature will have a detailed list with all the markets and submarkets where you can use cash out. These tend to be numerous when it comes to football, but significantly smaller for other sports, depending on the popularity and on the viability of cashing out at all. For example, there is no point in offering cash out on horse racing singles, because the races are so short that you will know very quickly whether or not you’ve won. Most football betting sites with cash out will let you use the feature on the most popular markets, like results, cards, and even handicaps. At the same time, horse racing events are usually only available for accas, for reasons we have already explained. As a rule, football offers the biggest number of submarkets, but many bookmakers who have punters showing a large amount of interest in other sports will add this feature to attract even more customers.

Why do bookmakers offer cash out?

There are several reasons for this. First, customers are naturally attracted to great betting opportunities and likely to wager more and take bigger risks if they feel secure, which bookies know and tend to rely on. Also, when the outcome of an event is almost decided, bookmakers can minimise the amount they have to pay out by offering punters to withdraw their winnings early. Finally, letting customers cut their losses does not hurt the bookie too much, but it keeps the customer happy—and happy customers are returning customers, as most cash out betting sites are aware.