Since bookmakers introduced the Cash Out facility, it has become very popular with punters. Cash out allows you to settle a bet early for reduced winnings. Single bets and acca bets can be cashed out early now with a large amount of UK betting sites. In Our Cash Out betting sites review, we reveal our thoughts on the best cash out bookies. We examine the pros and cons of cashing out, and we explain how to utilise the facility best to make a profit. If you want to know more about cashing out early, you are in the right place!
Best 9 Cashout Betting Sites
What Betting Sites Have Cash Out Available?
When it comes to offering punters the option of cashing out early, lots of bookmakers are on board. In fact, at the present moment, the number of betting sites with a cash-out option far outweighs those who don’t. All the big names have Cash Out now, including the likes of Ladbrokes, 888sport, Bet365 and William Hill. For a full list of the best Cash Out Betting Sites check out the next section.
Cashout Betting Sites
[select_bonuses object=”25″ bonus=”1212″][select_bonuses object=”110″ bonus=”1486″][select_bonuses object=”17″ bonus=”1401″][select_bonuses object=”1″ bonus=”1403″][select_bonuses object=”15″ bonus=”1400″][select_bonuses object=”27″ bonus=”278″][select_bonuses object=”22″ bonus=”292″][select_bonuses object=”38″ bonus=”291″][select_bonuses object=”8″ bonus=”296″][select_bonuses object=”10″ bonus=”1218″][select_bonuses object=”35″ bonus=”1457″][select_bonuses object=”47″ bonus=”305″][select_bonuses object=”16″ bonus=”1374″][select_bonuses object=”15″ bonus=”1400″][select_bonuses object=”20″ bonus=”1402″][select_bonuses object=”41″ bonus=”1432″][select_bonuses object=”55″ bonus=”1445″][select_bonuses object=”49″ bonus=”297″][select_bonuses object=”44″ bonus=”276″][select_bonuses object=”36″ bonus=”277″][select_bonuses object=”80″ bonus=”1518″][select_bonuses object=”46″ bonus=”284″][select_bonuses object=”23″ bonus=”1521″][select_bonuses object=”33″ bonus=”1442″][select_bonuses object=”124″ bonus=”1533″][select_bonuses object=”61″ bonus=”1507″][select_bonuses object=”42″ bonus=”318″][select_bonuses object=”102″ bonus=”1589″]
How Does Cash Out Work?
So, although you have probably heard of cash out, you might not know exactly how it works. Well, you are about to find out. When you cash out a bet you are settling the wager before the event or events that you have bet on are finished. Thus, when you cash out you take a reduced amount of winnings compared to if you waited until the event or events are over. Find out more about the different type of bets you can cash out early below.
Single Bets
Most bookies allow you to cash out on both single and acca bets. As an example, say you have backed a team in a football match to win and with 10 minutes to go they are leading 1-0. If you had a £10 bet on at 5/2, the bookie might offer you a cash out of £17. If you think your team is looking shaky and might concede late, then this is where the cash out option comes into its own. It is better to take an £8 hit to winnings than winning nothing at all.
Multis/Accas
Most betting sites will also allow punters to cash out on acca bets across a wide range of sports. The sports eligible for cash out vary between bookies, so make sure to check the relevant terms and conditions. The most likely scenario for cashing out an acca bet is when you have placed an acca with 5 legs and 4 legs have already won. You are waiting on the final leg, but an hour before kick-off news breaks that your team’s star player has been injured in the warm-up. This could have a massive effect on the result, so this would be the perfect time to cash out for a reduced profit.
Partial Cash Out
Another neat feature that a number of betting sites now have is a slider system that lets you partially cash out wagers. If you want to guarantee a return but would also like to leave some of your stake riding on the outcome, partial cash out is an excellent option. Paddy Power, Bet365 and Karamba all have partial cash out available for certain sports and events. Partial cash out is available for single and acca bets with the majority of betting sites.
What Sports Can You Cash Out On?
With most bookies, football is the main sport for cash out bets. However, lots of bookies have added plenty of other sports, including the likes of tennis, cricket, NFL, NBA, NHL, Rugby Union and League and a whole lot more. The number of sports you can cash out on will vary between different betting sites, so shop around to find one that covers your favourite sports. Below we look at a few of the best Cash Out betting sites and reveal the different sports you can cash out on with them.
Ladbrokes Cash Out
Every punter in the UK and Ireland will be aware of Ladbrokes. They have been an established bookie on the high street and at racetracks for years, and they have adapted to the world of online gambling too. Ladbrokes are one of the best betting sites around, particularly when it comes to cash out.
If you want to minimise losses, or lock in a profit, before the event(s) you have betted on are finished you can do just that with Ladbrokes Cash Out. You can cash out or partially cash out on a vast range of football markets with Ladbrokes, while cash out is available on win and each way horse racing wagers too. Below is a list containing all the different sports you can cash out on with Ladbrokes.
Ladbrokes Cash Out Markets*
- Horse Racing
- Football
- Tennis
- Cricket
- Darts
- Snooker
- Basketball
- Boxing
- Volleyball
- Handball
* Check the Ladbrokes Terms and Conditions for the full list of markets eligible for cash out.
William Hill Cash Out
William Hill is another one of the best-known betting sites in Britain. Founded back in 1934, William Hill is a British Institution. They now have operations around the globe, including in the USA and many European countries. The good news is, William Hill have cash out and partial cash out available on a good selection of sports and markets.
You can cash out horse racing bets early with William Hill, although you cannot cash out each way bets. In fact, in comparison to Karamba, William Hill are streets ahead when it comes to the number of different sports you can cash out early on. You can check out every market you can cash out on early with William Hill below.
William Hill Cash Out Markets*
- American Football
- Aussie Rules
- Baseball
- Basketball
- Beach Volleyball
- Boxing
- Cricket
- Darts
- E-Sports
- Football
- Gaelic Football
- Golf
- Handball
- Horse Racing
- Hurling
- Ice Hockey
- Rugby League
- Rugby Union
- Snooker
- Tennis
- UFC
- Volleyball
* Check the William Hill Terms and Conditions for the full list of markets eligible for cash out.
Paddy Power Cash Out
Paddy Power is an Irish bookmaker that has a massive presence in the UK market. Their innovative, funny and original advertising campaigns have earned them a place at the top table in the betting industry. However, they are not all about style and there is plenty of substance to their betting products too.
You can utilise Paddy Power Cash Out to pocket a profit (or minimise losses) before your bet has been settled. Unlike most other betting sites, Paddy Power do not have a list of the sports or markets you can cash out on. You cannot cash out your wager if it was partially or fully funded by a free bet token. If you want to know if you can cash out your bet, check your bet slip as demonstrated below.[select_bonuses object=”20″ bonus=”1402″]
When Is The Best Time To Use Cash Out?
This is the million dollar question and to be honest, there is no right or wrong answer. It is all down to personal preference. Risk takers will let their wagers play out for as long as possible to try and maximise their returns if they do cash out early. More conservative punters prefer to cash out earlier, locking in a profit and minimising the chance of their bet going belly up.
In general terms, the cash out option is very useful in many different scenarios, especially for acca bets. As an example, say you place a 4 leg acca on horse racing. The first three legs win but suddenly it starts to rain and the ground turns soft, which doesn’t suit your final selection. If this happens, cashing out early is a no brainer.
Stats can also be useful when it comes to deciding whether cash out early. In the Premier League, for example, stats are available for the times that goals are most likely to be scored or conceded by every team. If you have backed a team with a reputation for conceding late and they are 1-0 up with 10 minutes to go, cashing out for a reduced return might be a prudent move. If they win, you might miss out on a few pounds, but if they concede a late equaliser, you will have the last laugh.
Cash Out Pros And Cons
Although there is no doubt that the Cash Out tool is a handy option to have, there are advantages and disadvantages when it comes to cashing out. The most obvious negative is that you are taking reduced winnings compared to if you waited for the event you have bet on to finish. However, on the other hand, bad beats are extremely common when betting on sports, so it could be worth your while in certain circumstances to take the money and run. Below we will look at the key Cash Out pros and cons in more detail.
The Advantages
- Lock in a profit on single bets before the event(s) have finished.
- Cash out early on Accas if you are worried about remaining legs.
- Partial Cash Out allows you to lock in a profit and let some of your original stake ride.
As you can see above, there are many pros when it comes to using Cash Out. The main one is that you can lock in a profit before the event you have bet on is finished. For example, the majority of goals in the Premier League are scored in the last 20 minutes of matches. If you have backed a team that has a one goal lead with minutes remaining, cashing out could be the way to go. You might lose out on a few quid profit, but it is better than losing your stake if your team concedes a late goal.
The advantages of cashing out on Accas are even more important. With Accas, a lot more money will usually be at stake compared to single bets. So, for example, say you place a 4 leg £10 acca with combined odds of 33/1 and the first three legs win. If the final leg wins, you will be in for a £330 profit however, if you are worried about your last leg you could cash out early and take the winnings offered by the bookie. The amount offered will depend on the price of your final selection.
If you want the best of both worlds, you can partially cash out your single or acca bets with a lot of UK betting sites. Usually, there is a slider system in place. You can adjust the slider and either increase the cash out amount or decrease the cash out figure and leave a certain amount of your stake on the bet at the original odds. By using partial cash out, you are guaranteed a return, no matter what the final result may be!
The Disadvantages
- You won’t win as much if you cash out early.
- Odds can take time to refresh so cash out amounts can change dramatically in an instant.
The main negative when it comes to using cash out is that you lose out on potential profit. Now, arguably this is not a negative if the bet you cashed out on goes on to lose, but if it wins then you will be out of pocket. Many punters say that bookies wouldn’t have introduced the cash out facility if they thought it would cost them money, and that is a very valid point.
Another drawback when using Cash Out with some betting sites is the time factor. If you are considering cashing out on an event that is in running, odds can change in the blink of an eye. This can be frustrating and can lead to punters cashing out for a lower amount than they initially wanted. However, overall the cash out facility is an extra weapon in the arsenal of punters, and if used correctly it can be very beneficial (and profitable!).
Can I Cash Out Bets On Mobile?
Betting on the move is the done thing in this day and age. Every major bookie has realised this and most have designed state of the art apps to allow punters to bet on their mobile devices. If a bookie has a mobile app, chances are you will be able to cash out on your mobile device, if the cash out facility is available.
You can cash out on the Bet365, Ladbrokes, Karamba and Paddy Power mobile apps with consummate ease. All the same markets and sports that you can cash out on via desktop can be cashed out on your mobile device too. Plenty of bookies now have live streaming available on their mobile apps as well. You can bet, watch and cash out no matter where you are, as long as you have an internet connection.
Cash Out FAQs
Which betting sites have cash out available?
If you are looking for a Cash Out betting site, you won’t have to look far. Cash out has almost become a standard option offered by most UK bookies. The likes of Bet365, Unibet, Betfair and William Hill all have cash out available. Smaller betting sites like LeoVegas Sports, Bet-At-Home and 1XBet have cash out available too. Check our extensive list at the top of this page for the best UK cash out betting sites.
Why can’t I cash out my bet?
If a betting site has cash out available, but you can’t cash out your bet, there could be a number of reasons for this. Most likely, the market you have bet on doesn’t qualify for cash out. Another reason that cash out bets can be refused is if the odds change while you are in the process of cashing out.
What are the best cash out betting apps?
If you’re the kind of punter who likes to place bets while out and about, then betting apps are likely your best option. We recommend taking a look at our list of the 9 Best Cash Out Betting Sites to help you narrow down your choice, as the vast majority of those bookies have excellent mobile betting apps.
What is partial cash out?
So, if you are on the fence and not sure whether to cash out or not, the partial cash out option could be for you. Partial cash out allows you to cash in a portion of your bet, while the remaining stake rides at the original price. You won’t win as much money if your bet ends up winning, but if it loses you will still have the money that you have partially cashed out. Take a look at our section on How Cash Out Works to find out more about partial cash out and other cashed out bets.