In-play betting can have too many nail-biting moments for comfort, but cash out betting sites allow you to get out of unsure bets before the game is over. However, choosing the best such site and getting started can be challenging.
Nothing to worry about anymore, though, as you’ve landed on the best guide for online betting sites with the cash out feature. My guide will cover all the essentials of cashing out, from the cash out options to how and when to cash out. You’ll also learn how your payouts are calculated and the pros and cons of cashing out.
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Cash out features allow bettors to settle their wagers before the event concludes, letting you secure a portion of your winnings or limit potential losses. Below are some of the types of cash out options you can find on the best online betting sites with cash out:
Single vs Multiples Bet Cash Out
Single bet cash out allows you to settle one wager at a time, while multiples cash out lets you cash out from a bet that includes multiple selections. The latter can help secure a return from combination bets before all outcomes are confirmed.
Partial Cash Out
Partial cash out enables you to settle a portion of your bet while keeping some stake active. This gives you the chance to lock in a return while still having some exposure to potential full winnings.
Auto Cash Out
Auto cash out lets you set a threshold where your bet will automatically cash out once a specified value is reached, ensuring you don’t miss the opportunity to settle at the right moment.
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Reviews of the best cash out betting sites
Now that you understand this useful feature a bit more, let’s get into the thick of this guide and go through reviews of my five top cash out betting sites:
BetMGM – Best cash out features on the market
BetMGM Review
Wide variety of betting markets
Generous welcome and ongoing bonuses
User-friendly app and interface
Strong integration with MGM rewards
Occasional delays in withdrawals
Visit BetMGM
BetMGM stands out for its advanced cash out features, including auto cash out and bet builder cash out. This site provides you with a seamless betting experience, allowing you to secure your returns or minimize losses in real time.
The interface is user-friendly, making it easy to navigate through various sports and markets. BetMGM also offers competitive odds and
deposit match bonuses
for new users.
Bet365 – Comprehensive cash out options available
bet365 Review
Extensive sports and markets coverage
Outstanding live betting experience
Reliable cash-out and bet tracking
Frequent promotions and boosted odds
Limited availability in some regions
Visit Bet365
Bet365 has come to be known for its comprehensive online betting cash out features, including full, partial, and auto cash out options. The platform allows bettors to manage their wagers effectively by offering the ability to cash out even when they’re logged out of their accounts.
The live betting experience is boosted with real-time updates and available on a wide range of sports markets. Bet365 also provides generous bonuses for new customers, offering up to $1,000 in bonus bets.
BetRivers – Straightforward cash out processes
Betrivers Sportsbook Review
Low playthrough bonus requirements
Comprehensive rewards loyalty program
Wide range of betting markets
Live streaming for many events
Interface feels slightly outdated
Visit BetRivers.com
BetRivers excels as one of the best betting sites with cash out features, allowing users to settle bets before the event concludes. The site offers a variety of sports markets and a seamless betting experience on any device
With attractive promotions offering hundreds of dollars in rewards, and a loyalty program, BetRivers is committed to boosting user-engagement, while making sure bettors like you can make informed decisions through real-time updates.
DraftKings – An innovative approach to sports betting
DraftKings Sportsbook Review
Wide variety of betting markets
Innovative same-game parlay options
Sleek and user-friendly app
Regular promos and loyalty perks
Odds can be slightly lower
Visit DraftKings
DraftKings is well-known for its innovative approach to sports betting. Unlike some cash out betting sites, the partial cash out feature here allows you to secure a part of your returns before the final whistle.
The platform also offers a rich selection of sports and events to bet on, along with competitive odds. DraftKings also provides generous bonuses for new users, making it one of the
best betting apps for beginners
and pros alike.
FanDuel – Strong integration of cash out with live betting
FanDuel Sportsbook Review
Innovative same-game parlay feature
User-friendly app and interface
Frequent promotions and odds boosts
Wide range of betting markets
Limited loyalty rewards program
Visit FanDuel
FanDuel’s main selling point as one of the best cash out betting sites is its robust cash out feature that integrates seamlessly into its live betting experience. Users can easily manage their bets in real-time while enjoying a wide array of sports markets.
Additionally, the platform is known for its user-friendly design and excellent roster of promotions. On top of all of this, FanDuel adds competitive odds to the mix to make it a popular choice among bettors.
How to cash out
Cash out betting is straightforward if you know the steps. Follow these steps to cash out your bet:
Log into your betting account
Go to your “Open Bets” or “My Bets” section
If a cash out option is available, the amount offered will be displayed
Click on the “Cash Out” button to confirm
The funds will instantly be credited to your account
Make sure to check each sportsbook’s terms, as cashout eligibility may vary depending on the event and type of bet you made.
When should you cash out?
Knowing when to make an online betting cash out is crucial if you want to maximize your returns. The best times to cash out are when:
Your team is winning but facing tough opposition that could change the course of the game.
The event is nearing its end, and your bet is still favorable, but you’re not sure if it will end your way.
You’ve accumulated significant winnings on a parlay bet, and one of the outcomes starts to look risky.
When not to cash out?
Avoid cashing out when:
The odds suggest your bet is still favorable and could yield a bigger payout if you wait.
You’re tempted to settle purely due to nerves without any valid changes in the event.
The cash out amount offered is too low to justify taking it, meaning the potential upside of waiting far outweighs the guaranteed payout.
Always weigh the pros and cons objectively before deciding to cash out.
How cash out payouts are calculated
Betting sites with cash out calculate cashouts based on the current odds and the stake you initially placed.
For example, if you bet $100 on a team with odds of +100 (even money) and during the course of the game, the odds shift to -200 because your team is leading, the sportsbook might offer a cash out amount of around $150. This is calculated by factoring in the remaining time and perceived risk. The closer the event is to concluding in your favor, the higher the cash out amount you’ll receive.
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Pulling your bet on cash out betting sites can provide advantages, but it’s essential to strike a balance between risk and reward to maximize benefits. Here are some pros and cons you might want to consider:
Cash Out Betting Option
More control over your bet
Reduce risk by locking in returns
Flexible betting strategy
Limit potential losses
Useful during in-play betting
Potentially lower returns
Temptation to cash out too early
Choosing the betting sites with cash out
When choosing the best online betting sites with cash out options, here are some factors to consider before signing up:
🎲 Competitive Odds
Choosing sites with better odds than its competition is essentially joining
betting apps that give you free money, because all of your wins will pay out more. So, you have to ensure the site you choose offers favorable odds for both pre-match and in-play bets.
💸 Cash Out Tools
The best cash out betting sites provide a range of useful cash out options, including partial and auto cash out. These give you more control over your wagers, allowing you to use a wider range of early cash out strategies.
🖥️ User-friendly UI
It’s important to go for sites with intuitive interfaces to ensure you can cash out quickly when the moment is right, minimizing delays that could impact your decision. An easily navigable user interface also generally improves your betting experience.
🎁 Generous Promos
All the best cash out betting sites have generous bonuses in common. You also need to look for sites with massive welcome bonuses and consistent promotions like
sportsbook referral bonuses
because the extra betting funds greatly improve your cash out options.
🔒 Security and Reputability
The best betting sites with cash out also often have high-end security features like SSL encryption technology, as well as good reputations. So, make sure the betting site is licensed and has a good reputation for fair practices and secure transactions to avoid future troubles.
What sports and betting markets can you cash out on?
Cash out betting is typically available across popular sports like football, basketball, tennis and horse racing. In football, for instance, you can cash out on markets such as match result, over under goals or first goal scorer.
For basketball, markets like total points and moneyline bets often come with cash out options. Meanwhile, tennis bets on individual set winners or overall match outcomes can also feature cash out availability.
Bet types you can’t cash out with?
There are certain bet types that may not allow cash out, though. These include:
Free bets or bonus bets due to specific terms and conditions
Exotic bets like teasers or parlays, in some cases
Long-term futures bets if the event is far from its conclusion
These limitations vary by sportsbook, so review the terms for each betting site to understand which bets are eligible for cashout.
In-play cash out betting sites
In-play cash outs like those offered by FanDuel allow bettors to settle their wagers during the live events. It’s popular because the dynamic nature of live sports means odds can shift rapidly, giving you opportunities to secure a return or limit your losses.
The downside is that cash out offers can be lower than the initial bet payout, especially if the event you’re betting on is particularly volatile. That said, timing is everything since waiting too long could reduce the cash out value or remove the option entirely.
Best payment methods for cash out
I would argue quick and reliable payment methods are essential for cashing out, but everyone has different preferences for when and how they would like to receive their winnings after a successful bet. Here’s a table of common payment options and their typical withdrawal times on the best cash out betting sites:
Payment Method
Withdrawal Time
Debit/Credit Card
1-5 Business Days
eWallets
24-48 Hours
Bank Transfer
3-7 Business Days
Make sure to choose methods that most closely align with your needs for access to funds.
Cash out betting tips
To improve your cash out strategy, consider the following:
🔍 Find the best bookmakers
Register with betting sites with 10$ minimum deposit or less, offering competitive odds and comprehensive cash out tools.
💡 Use cash out tools wisely
Utilize different cashout features, like partial and auto cash out, to maximize returns or secure returns at the right moment.
📈 Track in-play stats
Follow live game data as you watch for better insights into the best time to cash out.
🧘 Avoid emotional decisions
To maximize your chances of making the right choice, base your cash out strategy on an objective analysis of all the factors at play rather than on gut feelings.
📰 Stay informed
Monitor sports news to anticipate other factors that could impact your bet’s outcome. Doing this will help you make better bets in general, or help you decide when the right time to pull out your wager is.
Conclusion - make the best choice about when to cash out
Cash out options add flexibility and control to your sports betting strategy. They help you lock in your returns or minimize losses when you see a wager not going your way before the end of the game. Understanding the best times to cash out and choosing the right cash out betting sites is crucial to making the most of this feature. For more in-depth betting advice and updates, keep visiting PromoGuy to stay ahead in the betting game.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
🤔 Can I cash out free bets or bets using bonus cash?
Usually cash out isn’t allowed on free bets or bonus wagers due to promotional terms on betting apps with cash out features. Always check each site’s conditions.
📱 Can I cash out bets on mobile?
Yes, most top sportsbooks support cash out through their mobile apps and websites. Betting apps with cash out are often more user-friendly than their desktop counterparts, allowing you to cash out effortlessly on the go.
🎲 Are all bet types eligible for cash out?
While many kinds of bets you can make are eligible for early cash outs, this is not the case with all of them. Some exotic bets, futures or parlays may be excluded, depending on the site’s policies.
💰 Does cash out affect betting bonuses?
Cashing out may void bonus conditions, affecting how much money you can make or save from cashing out. So, it’s not usually possible to cash out bonus funds to avoid losing more than you could gain.
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
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