Best Cash Out Betting Sites
10 Best Cash Out Betting Sites - November 2020
- Constant promotions
- Great number of markets
- Amazing 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.
- Great sports and league variety
- Plenty of payment methods
- Constant 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.
- Exchange and sportsbook betting available
- You can get a price on any match
- Loads 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.
- Incredible number of markets
- Plenty of money back offers
- Soccer 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.
- In-depth stats and match data available
- High winning limits
- Runner-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
- Exchange betting available
- Huge number of live markets
- Partial 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.
- Incredible odds
- Power prices
- Bet 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.
- Racing and other sports are separate
- Number of available bets always visible
- Competitive 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.
- Constant stream of free bets
- Daily boosts
- Live 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.
- Very few limits on deposits and withdrawals
- Interesting special markets
- Detailed 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.
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.
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.
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.
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.
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.