Best Cash Out Betting Sites

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What are cash out bets?

Certainly, you're contemplating “Why would someone cash out during betting?” Well, it essentially means you’re quitting on a stake before the result is finally known.

Imagine placing your funds on Liverpool defeating Arsenal 3-0, but the Reds have only successfully scored two goals by the 80-minute mark. If, at this juncture, it seems that Liverpool has lost steam and they’re taking fewer attempts on goal, you might conclude it’s not worth continuing with this wager. Hit the cash out option and the bookie will calculate your payout based on the shifting odds at that point. The tension is really mounting.

The money returned could be smaller than or (fingers crossed!) exceed your initial bet. Either is preferable to nothing, which is what you’ll receive back if you skip cashing out and the match concludes without a third goal from Liverpool. Naturally, if you hang in there and Liverpool manage a 3-0 finish, you’ll be truly pleased you resisted the cash out option.

A cash out bet is useful not only if you anticipate losing. You might also consider doing it if the situation appears favourable. Suppose Liverpool achieve the 3-0 scoreline by halftime – under such peculiar circumstances, you might wisely choose to collect and leave, rather than gamble on a second-half score change. This is a situation where decisions pay off.

Now that you understand cash out betting, it’s easy to see how it provides you with additional power over qualifying bets, and can significantly heighten the thrill when you’re observing a game or match in progress.

How do you cash out your bet?

It isn’t available on every betting market, but when it is, you’ll clearly see a button labelled “Cash Out” next to your open bet. Thanks to the site’s internal cash out calculator, you’ll be told exactly how much you’ll be given if you do decide to activate the virtual ejector seat on your wager. 

Bear in mind that many top UK bookies also provide a partial cash out option. As the name suggests, this lets you collect cash on a specific proportion of your stake, which is often determined using a slider. Your bet will remain open on whatever amount of your stake is left, so you can mitigate some of the risk and collect some money without yanking the bet completely. 

Best betting sites with cash out

Cash out bets are great, but there are other factors to look out for whenever you’re choosing which UK betting sites to join. These include:

• A good range of betting markets for each sport – plenty of prop bets will make it a lot more interesting and enjoyable to have a flutter on any event
• Generous welcome bonuses – these can include matched deposit bonuses and free bets
• A conveniently wide array of banking options – so you can make deposits and withdrawals in a way that suits you
• A user-friendly interface – a cleanly laid out, easy-to-navigate site can make all the difference when you’re gambling online 

Which betting sites can you cash out on?

The vast majority of the top UK betting sites offer cash out options – these include universally-known stalwarts such as Coral, 888Sport and Betfred. This is great news for punters, as it means you’ll have more control over bets you make on a whole galaxy of sports, from football to cricket to boxing.

Best cash out betting apps

These days, many top UK betting sites have their very own native mobile apps which you can download onto your phone or tablet. Once you’ve done this, you can place bets with a few taps, without having to bother accessing your web browser and signing into the site. The likes of 888sport, Grosvenor Sports and Unibet all have sleek, intuitive apps which let you cash out with ease, wherever you are.

Best new cash out betting sites

It’s not just long-established UK betting sites that boast the cash out option. Many of the best new online bookies also provide this tantalising option – these include:

• VBET
• Betsafe
• Rizk
• Ruby Bet

 

Top mobile cash out betting sites

Choosing to cash out your bet can be a split-second decision made while you’re catching the game with your mates in the pub, or watching the action unfold while sprawled on the sofa at home. So it’s good to know you don’t have to rush to a computer to make it happen. As we noted above, many operators offer native apps which you can download. But even if they don’t, every UK betting site we recommend is fully optimised for use on your tablet or smartphone, so you can simply access your selections on your phone browser and cash out when you see fit. 

PayPal cash out betting sites

Pretty much all betting sites support PayPal as a deposit and withdrawal method, and it remains a firm favourite with punters in Britain and beyond. One of the big advantages of using an e-wallet service like PayPal is you don’t have to input any sensitive bank details whenever you sign up to a new bookie, ensuring online transactions are even more secure. On top of that, making withdrawals from your betting account using PayPal is usually a very rapid process, so there’s less waiting around to get your hands on those hard-won winnings!

 

Best Cash Out Site with PayPal

• Strong Established Sportsbook
• #YourCall Custom Bets

Should you cash out bets?
This a question only you can answer, as it comes down to how risk-averse you are, and what your gut feeling is regarding the bet in question. Punters who like to play things safer will be more inclined to cash out if they feel things aren’t shaping up their way. More gung-ho, devil-may-care bettors may prefer to stay the course even if the odds seem to be against the winning outcome. After all, you never know, do you?

When should you cash out your bets?

There are two main scenarios which might have your cash out finger itching:

• If it looks increasingly likely your bet will lose – say, for example, the rugby team you’ve backed to win are trailing their opponents 
• If the winning outcome has been achieved, but there’s still time for things to go awry – for example, if your UFC fighter of choice started strong but looks exhausted and you’re concerned their opponent will make a late comeback

As we mentioned in the previous section, a lot of it will come down to your own temperament and your working knowledge of the teams or players in question. Remember, the partial cash out option is also available and can provide the best of both worlds.

Frequently Asked Questions

• Can you cash out a free bet?

  You should be able to, yes. However, what you’ll usually find is that the cash out option won’t be made available until the actual value of your cash out offer exceeds the value of your free bet. 

• Can you cash out of a bet in a betting shop?

  Cash out is synonymous with online bookies, but some operators do let you do this in a brick-and-mortar store. Coral is a case in point, although their in-person cash out options are more limited compared to online, and you’ll only be able to approach staff to cash out at certain, designated moments during play, to prevent the counter getting mobbed.

• Can you cash out an accumulator bet?

  Absolutely, and it can be a lifesaver if you get the sneaking feeling that one of the selections on your acca slip may let you down. Back in 2016, a punter even hit the headlines after he hit the cash out option when 19 of his 21 football acca bets had come good. If he’d stayed the course, and all 21 teams had won, he would have bagged a cool £1.2 million. But he wisely played it safe and took the lucrative cash out settlement of £223,000, literally minutes before the 20th game went against him, which would have left him with nothing if he hadn’t cashed out.

• Do cash out betting systems work?

  The Internet is awash with strategists giving tips on when and how to cash out, often drilling down into the mathematical nitty-gritty. But you should always keep in mind that no betting systems “work” – there are no guarantees in sports betting, there’s only ever advice that may or may not guide you to a wiser decision. Betting sites also warn that punter should never place a bet with the specific intention of cashing out during play, as it might not actually be an option.