Tuesday, May 28, 2024

Best cash out betting sites 2024: where to lock in profit or cut losses

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18+ │ T&Cs apply to all offers │ Please gamble responsibly │ Advertising Disclosure


This page contains commercial content and affiliate links. Taking up one of the offers presented will result in a payment to Telegraph Media Group and bettingexpert. This payment may impact how, where and the order in which the gambling operators appear on this page, but it does not influence our evaluations.

With domestic action back in full swing, ensuring that you have a good cash out option with your bookmaker is vital when deciding who to go for as it can help to ensure profit and minimise losses.

When choosing an online betting site, punters will often look for the facility to cash out as well as other benefits on the site that can help them choose where to place bets.

Cashing out gives you more control as you have the advantage of collecting before your bet has even won. This money will still be yours after you have cashed out, even if your bet goes on to lose.

The season is beginning to heat up in both the league and cup competitions, where games are on a knife edge so cashing out remains a key feature – especially if you’re backing accumulators.

We have created accounts and bet with every single one of the bookmakers featured on our list of the very best cash out betting sites

Betano

Bet £10, Get £10 in Free Bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New Customers Only. Opt in and bet £10 (odds 2.00+) within 3 days of sign up. No cash-out. Get a £10 Free Bet (odds 2.0+) plus one entry to win 2 x hospitality tickets to England Euro 2024 fixtures. Free Bet expires in 5 days. Offer valid between 12:00 on  01.05.2024 and 12:00 on 15.05.2024. Cards and Apple Pay payments only. Full T&Cs below. GambleAware.org.

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bet365

Bet £10 get £30 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Min deposit requirement. Free Bets are paid as Bet Credits and are 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. Registration required.

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Betfred

Bet £10 get £50 in bonuses – Use WELCOME50

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers only. Register (excl. 13/04/24) with WELCOME50. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get Free Bets: £20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

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BetMGM

Bet £10 Get £40 In Free Bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New cust only. 7 days to opt in by placing a £10 qualifying bet at 1/1 (2.0) odds or greater to receive 4x Free Bets: 1 x £10 horse racing, 1 x £10 Bet Builder, 1 x £10 Acca and 1 x £10 football. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply. 18+. BeGambleAware.org.

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Unibet

Money Back as Bonus up to £40 + £10 Casino Bonus

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit Unibet.co.uk for full T&C’s.

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Sky Bet

£30 In Free Bets When You Place Any Bet

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New Customers Only. First Single & E/W Bet Only. 5p Minimum Stake. Odds Of 1/1 Or Greater. 3 X £10 Bet Tokens. Free Bet Stakes Not Included In Returns. Free Bets Exclude Virtuals. Free Bets Are Non Withdrawable. Free Bets Expire After 30 Days. Eligibility Restrictions And Further T&cs Apply. 18+. http://begambleaware.org.

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BetVictor

Bet £10 Get £40 free football bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New customers only. Opt in, bet £10  on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit card / Apple Pay payments only. begambleaware.org | Please gamble responsibly.

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Betway

Download the Betway App to claim the welcome offer!

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on Gold Blitz (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.org . Bet the Responsible Way. Full terms apply.

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BoyleSports

Bet £10 Get £10 in Free Bets + £10 Casino Bonus

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New UK customers (Excluding NI) only. £20 in FREE Bets (FB) as £10 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify. 18+. T&Cs apply. T&Cs apply

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talkSPORT BET

Get up to £40 in Football Free Bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New customers only. Opt in & bet via mobile up to £40 (min. £20) on any football market at odds of 2.00+, in 7 days. Get up to £40 in free bets on selected markets. Bonuses expire in 7 days. Card payments & Apple Pay only. T&Cs apply. begambleaware.org | Please gamble responsibly.

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10bet

100% up to £50 welcome bonus – Use promo code TELE50

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New bettors; Code TELE50; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply; 18+

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Tote

Bet £10 Get £40 in Bonuses

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers online only. Only valid with code B10G40 on registration. £10 min stake on racing pools (if EW then min £10 Win + £10 Place) placed within 7 days of registration. Receive £20 Tote Credit, £10 Free Sportsbook Bet and 50 Free Spins on selected game within 48 hours of qualifying bet settlement. 7-day expiry. Qualifying bet is the first racing pool bet added to the bet-slip. 18+. Full T&Cs apply. http://Gambleaware.org .

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SBK

Bet £10, Get £30 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New UK customers only. Min £10 first deposit using Debit Card or Bank Transfer. Place a bet of £10 at min odds of 1.5 and get £10 upon settlement. Further £10 Multiple token will be credited after 24 hours and a further £5 Horse Racing Multiple token and a £5 Football Bet Builder token will be credited after 48 hours. Full T&Cs apply.18+. BeGambleAware.org

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CopyBet

Bet £10 Get £50 in Free Bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Full T&Cs apply. New UK customers only. The qualifying bet should be either 1 Single or Accumulator (2+ selections) bet, start at £10, and have 1.9 or greater odds. 5 Free bets which must be placed with a minimum odds of 2 include: 1 x £10 Free bet on horse racing, 1 x £10 Free bet on football, 2 x 10 Free bet In-play, 1 x £10 Free bet Acca (min 3 selections). To unlock the offer, complete the first deposit via the banking app (Open banking). Max payout – £500. 7 day expiry. 18+. Begambleaware.org.

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Parimatch

Get £30 in bonuses when you bet £5 – use code: TELEPMUK30

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New Customers Only. Opt in with the promo code TELEPMUK30 and bet £5 on sports (odds 2.00+) in 7 days. Get 4x£5 in free bets for set markets and a £10 slots bonus for set games, which expire in 14 days. Selected payment methods only. T&Cs apply, see below. begambleaware.org | Please gamble responsibly.

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SpreadEx

Bet £10 get £40

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet and a £5 racing Winning Favourites spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals. New customers only. T&Cs apply. http://Begambleaware.org.

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William Hill

Bet £10 Get £40 in Free Bets (Mobile Only)

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+. Play Safe. From 00:01 on 18.10.2022. 4x £10 free bets. Free bets expire after 7 days. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad.

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Paddy Power

Bet £5 and get £20 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New Customer offer YSKARZ. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £20 in free bets. Free bet rewards valid for 30 days. Only deposits via Debit Cards will qualify for this offer. T&Cs apply. Please Gamble Responsibly Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.

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Virgin Bet

Bet £10 get £20 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers online only. £/€10 min stake (if EW then min £/€10 Win + £/€10 Place). Receive £/€30 Tote Credit when first bet settles. £/€10 redeemable against win/place racing bets, £/€10 redeemable against Exotics bets and £/€10 redeemable against World Pool bets. Racing and Exotics credit expires after 7 days. World Pool credit expires 17:20 on 5/8/23. Qualifying bet is the first racing pool bet added to the bet-slip. 18+. Full T&Cs apply. BeGambleaware.org.

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JeffBet

Bet £10 get £30 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+. New Players Only. Min £10 qualifying bets stake not returned. Free bet – one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply. BeGambleAware.org #ad

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Casumo

50% back as a Free Bet up to £25

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers only. Min stake £2. Min legs 3. Max win £1,000. Min odds 3.0. Max £25 back as a Free Bet on losing bets only. 7 days to use free bet at odds 2.0+. Full T and Cs apply. Play responsibly BeGambleAware.orgT&Cs apply

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Betfair

Bet £10, get £30 in free football bet builders

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New Customer offer. Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly.

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Mr Play

Bet £10 Get £15 in free bets, use bonus code TELEPLAY

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets no eligible. _

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Planet Sport Bet

50% Up To £25 Money Back As A Free Bet If Your First Bet Loses

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Applies to new UK/IE customers who sign up via approved partner sites with promo code PSB50. Place your first bet at odds of Evens (2.0) or greater and if it loses, get a free bet equivalent to 50% of your first bet stake, to a maximum value of £25. 18+ http://BeGambleAware.org . Full T&Cs apply.

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BetUK

Bet £10 get £30 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers, Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 free bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder and 1 x £10 Football. Stake not returned. T&Cs Apply. Acca Club: T&Cs Apply. Promo runs Mon 09:00 to Sun 23:59. Opt-in required. 50% profit boost on 7+ Acca selections. Max stake £20. Max winnings £1,000. Up to 5 boosts per customer per week. Exclusions apply. 18+. BeGambleAware.org.

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LiveScore Bet

Bet £10 get £20 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of the E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex E/Ws & Multiples), stakes not returned. Click here for full T&Cs. Bet Responsibly. http://BeGambleAware.org . 18+ T&Cs apply

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New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £10 bonus, valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible. Full T&Cs apply.

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Matchbook

Money back as a free bet up to £20 if your first bet loses

New customer offer available via The Telegraph

Claim offer

T&Cs apply. The user must enter the Code ‘MB20’ during registration Minimum Odds of 1.8 for first bet to qualify. Losses will be refunded on first bet only, as a free bet – up to £20. Users cannot back and lay the same selection on the first bet. Qualifying bets open to Exchange, Matchbook Zero & Multiples Only open to users who deposit via debit card. New Customers Only. 18+. Be Gamble Aware.

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Fafabet

50% Losses Back up to £70 Free Bet + £20 Casino Bonus

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+. New customers only. A “Qualifying Bet” is a first settled real money single or multiple bet of £10.00 or more placed at odds of 1/1 (2.0) or greater. If you place a £10 bet you’ll receive a £5 free bet + £5 Casino Bonus up to 24 hours after your qualifying bet has been settled. If you place a £100 or More bet you’ll receive your £20 free bet +£10 Casino Bonus up to 24 hours after your qualifying bet has been settled. If your Sportsbook account losses at the end of the first day (the day ends at 23:59), you’ll get back 50% of the losses as a Free Bet up to £70 + £20 Casino Bonus. T&Cs apply. BeGambleAware.org.

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Coral

Get £20 in Free Bets when you bet £5

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New UK & ROI Customers only. Min deposit £5. Min first £5 bet at minimum odds 1/2 to qualify for 1x £20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.

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Ladbrokes

Bet £5 Get £20 in Free Bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £/€5 bet within 14 days of account reg at min odds 1/2 to get 4x £/€5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.

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Bzee Bet

Bet £10 and get a £10 free bet

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+. New Customers Only. Max one £10 Free Bet. Qualifying bets at Odds of 1/1(2.00) or greater. Paid as Bonus Token with Min 4/5(180) Odds Req. Skrill, Neteller & Paypal not eligible.BeGambleAware.org. T&Cs apply.

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All British Sport

Always 10% cashback on sports bets and casino

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Cashback is cash without restrictions. Full T&C’s apply. No Max cashout. Gambling can be addictive. Play responsibly. T&C’s apply. BeGambleAware.org. 18+.

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Midnite

Bet £10 And Get £20 In Free Bets + 50 free spins

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ New UK customers. Bet £10 on accas with 4+ legs, min odds 3/1 (4.0). Get 4x £5 Free Bets and 50 Free Spins, valid for 7 days on selected bets and games only. T&Cs apply. http://BeGambleAware.org.

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21luckybet

Bet £20 & Get £50 Free Bet with Promo Code FBSBET

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ | UK New Players Only | Opt-in Required | Min £20 qualifying bets, stake not returned | Free bet – one-time stake of £50, min odds 1.7, stake not returned | Bonus Code: FBSBET | 1X wager the winnings | Wager from real balance first | Wager calculated on bonus bets only | Max conversion: £200 | Valid for 7 Days from issue | Excluded Skrill & Neteller deposits | Withdrawal requests voids all active/pending bonuses | Full Terms apply | BeGambleAware.org

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BritainBet

Bet £25 Get £50 Free Bet

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New Players Only. Min £ 25 qualifying bets stake not returned. Free bet – one-time stake of £ 25, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply. 18+ only | T&C Apply | Please play responsibly | www.begambleaware.org.

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Grosvenor

Double the Odds on your First Bet

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers. Max £10 (Exc PayPal) . 100% Odds Boost token. T&C’s apply Begambleaware.org

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New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+ | New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 2/1 (3.0) | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | T&Cs apply.

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NetBet

Bet £5 get £10 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. Min Odds 3/1 (4.00), Min 3 Selections. Free Bet Valid For 7 Days.

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ThePools

Get £10 to use on Accas when you place 2x £10 Accas Monday to Sunday

New customer offer available via The Telegraph

Claim offer

T&Cs apply. 18+, UK only. Place a minimum 2x £10 pre-match 4 leg acca cash bet where odds accumulate to 3.0 (2/1) or more and get a £10 bonus funds to use on multiples (3 or more selection, min odds per selection 1.5 (1/2)). Cashed Out, Asian Handicaps, Draw no Bet wagers or bets with void legs do not qualify for this promotion. Free Bet credited every Monday by 12pm. Maximum 1 free bet per customer per week available from this promotion. Full T&C’s apply. http://BeGambleAware.org.

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Luckland

Bet £10 and get £20 in free bets

New customer offer available via The Telegraph

Claim offer

T&Cs apply. New customers only. Max one £20 free bet. Minimum deposit £10. Qualifying bets must be placed at odds of 1/1 or greater on a single or combo bet. Paid as bonus token valid for a bet placed using the bet builder feature, with min 4/5 odds req – valid for 14 days. Skrill, neteller & paypal not eligible. T&c apply, 18+. BeGambleAware.org

Top 10 best betting sites for cash out 2024

Here are the top 10 best betting sites for cash out for 2024. We review each bookie on a regular basis and update our list accordingly, and you can read our breakdown of 15 betting sites below.

  1. bet365
  2. Spreadex
  3. Betfair
  4. William Hill
  5. Paddy Power
  6. BetVictor
  7. Coral
  8. Ladbrokes
  9. Betfred
  10. 888sport

Best cash out betting sites: bookie by bookie breakdown

bet365 cash out

bet365 has a number of cash out options meaning there should be something to suit your specific needs. It is one of the only betting sites to offer full cash out, partial cash out and auto cash out to its punters, making it the best on the market for customers throughout the year.

Spreadex cash out

Spreadex only misses out on the top spot as it has fewer markets and events than bet365. The site matches bet365 by offering full cash out, partial cash out and auto cash out. All three cash out options are available on its sportsbook and spread betting offers which is another great feature.

Betfair cash out

Betfair sportsbook has the partial cash out and auto cash out functionality, making it one of the best on the market for this system. Betfair stands out from its rivals with an exchange feature that you can also cash out from, meaning you will not have any bookmaker’s margins.

Another brilliant aspect of Betfair cash out is that it runs in play on horse racing, so instead of the market being suspended once the race gets under way, there is a faster refresh rate and you will see live cash out updates during a race.

William Hill cash out

William Hill offers full and partial cash out to customers, and the partial cash out option is one of the best on the market. The cash out button is clearly visible and the slider for partial cash out is easy to use on desktop and mobile.

Paddy Power cash out

Paddy Power allows customers the option to cash out in order to lock in a profit or a loss, and have made public how some of their punters have used cash out successfully, including one who stung them for over £80,000 by using the system. The cash out button is clear to use, but sometimes can be slow to update on certain types of bet such as same game multis. Some events are also not available to cash out on, such as lower-league football or overseas matches in obscure competitions.

BetVictor cash out

BetVictor’s cash out options include the conventional and partial cash out facilities for its portfolio of sports, including horse racing and football. The system is effective and very similar to the majority of bookmakers’ offerings, but the accessibility on its app is a real highlight.

Coral cash out

Coral have a good cash out system in that it’s very easy to see which of your bets are available for cash out with the big orange ‘Cash Out’ button. There is also a cash out tab so you know which markets are available for full cash out and partial cash out, both of which Coral offers.

Ladrbokes cash out

The Ladbrokes app is very good for cash out and the options are displayed under the ‘My Bets’ section so they are easy to find. The cash out button is greyed out when unavailable which helps to avoid any confusion over whether you have a cash out opportunity or not.

Betfred cash out

Betfred’s cash out system is as good as it gets and covers lots of different sports including horse racing, football and tennis. One drawback is that the time it takes to calculate your cash out value is longer than some of its competitors.

888sport cash out

888sport has selected events in pre-match and live available for its cash out offer, as well as single and multiple bets that ensure it is up to the standard of most of its rivals. However, a major negative to its cash out is that any pre-match singles in an accumulator that aren’t under the sport of football do not have the option of a cash out.

Unibet cash out

Unibet has cash out available on over 20 pre-match football bets, as well as live football and outright markets such as winner. The system is good to use and is similar to its competitors, but it does fall short compared to their competitors with the number of sports and markets available.

Betway cash out

Betway is well known among punters but its cash out option may be one that has eluded some. The icon to cash out is clearly marked in bright green and is available on single and multiple bets, and there are also different cash out options. You can fully cash out your bet, or use the very handy partial cash out, which enables you to leave some of your stake running.

SportNation cash out

Sport Nation is now rising at a fast rate and has quickly become one of the best alternatives to the more recognisable operators within the industry. It has a cash out option that is easy to use and gives you the choice to end your bet early for a guaranteed profit or to cut your losses. SportNation stands out from other small operators with its partial cash out offering.

QuinnBet cash out 

When looking for cash out options, QuinnBet is a solid choice of bookmaker considering its size in comparison with many competitors. There is a clearly marked section in your account for all your cash out bets, and when you place a bet on the site, there are three coins that mark as a symbol to show that the bet qualifies for cash out. There is a notification once your cash out is successful and, although other operators have more choice of cash out features, QuinnBet is adequate for those looking for a new bookmaker.

What is cash out?

Cash out is where the bookmaker will offer you the opportunity to settle your bet before the event has ended. As a sporting event unfolds, bookmakers will constantly refresh your cash out price according to the chance of your bet winning. Punters can take particular advantage of this feature when backing accumulators that include a number of different selections.

If the bet is looking like it will win, the bookies will give you a cash out value close to your original returns, but if your bet is looking like it will lose, they will offer a lower value. This is good for punters as it means they have the opportunity to make sure they win something rather than risking losing their entire stake. However, the risk is that you could cash out and lose out on potential winnings if your bet was to ultimately be successful.

An example of cash out

A cash out example would be if you had placed a bet on England to beat Croatia in 90 minutes, and they were 1-0 up in the 85th minute. The bookies will calculate a cash out value to try and get you to take their offer, which will be lower than your potential returns if the bet wins. You might decide to take this offer if you think that Croatia might equalise in the final five minutes of the match. 

If your bet was placed at 5/1 with a £10 stake, you would return £60, but the bookies may offer you a cash out of £35, which is lower, but guaranteed if you take it.

Cash out often happens during a live event such as a football match. Read our full list of the best in-play betting sites.

What is partial cash out?

Partial cash out is a great tool for punters as it gives you even more control over your in-play bets, with Betfair having the best systems for this. You are allowed to select an amount of your bet to cash out while you allow the rest of your stake to run on until the event has ended. 

An example of this would be that you have bet on a side to win and they are leading 2-0 and the cash out option is from £100. You can then decide to cash out a certain percentage of that £100, for example, £20, and leave the rest of the stake to continue on your original bet, for a depleted overall potential winnings sum. Cash out is often available on accumulators.

This tool offers the best of both worlds for punters as you can ensure some winnings while also keeping your original bet without all of the risk.

What is auto cash out?

As explained above, bet365 and Spreadex are the only bookmakers on our list to provide the option of auto cash out, which is why they are our top bookmakers. You can create a request to cash out your bet automatically which takes away the burden of you having to be constantly watching the cash out value. This is excellent for the user as the request applies even if you’re logged out of your account.

How do you cash out?

The cash out systems on most betting sites are similar. Most bookies will have a ‘My Bets’ section where all of your open bets will be kept. Here you will be able to see if the bet is eligible for cash out as it will say at the bottom of the bet a cash out value. You can then click the cash out button and the bet will be settled with that amount going into your account.

Partial cash out is slightly different in that instead of a cash out button there will usually be a bar for you to slide between the cash out value. Once you have decided how much you want to cash out, leave the bar on that number and then click the cash out button.

When should I cash out my bet?

A number of factors will come into play when considering the perfect time to cash out a bet. Every punter will have their own opinion on when the best time to cash out is, but if you follow a few simple rules you can make an informed decision.

The obvious time to cash out would be when you think your bet is going to lose and you have a cash out value. So if you have a bet on a football team and they are losing and you think they will not be able to win, then cashing out might be the best option.

There will be other occasions when you have backed a team to win and they are leading but are struggling to hold on with the opposition on top. You may think your bet will not come in and therefore, can take advantage of cash out instead of risking your stake and ensuring some profit.

The bookies may offer you good value on a cash out which you could choose to take. If you have put £1 on an accumulator at 100/1 and they are offering a cash out of £70 with one leg left to go, it might be worth cashing out.

It all goes back to one of the main principles of betting – know the sport you are betting on. If you have backed a side who are winning 1-0 with quarter of an hour to go but they are playing a team you know are good at scoring late goals, it could be worth cashing out. However, if you bet on a match in a league you do not know, then it’s unlikely you will know the right time to cash out. 

The best way to make an informed decision on cashing out is following the bet through a live stream. Online bookmakers often show some sports that terrestrial and digital TV channels don’t. Read our comprehensive list of the best live-streaming betting sites.

Why is cash out suspended?

Cash out is suspended when the bookies are updating the odds of the market after a significant event has taken place. This means your cash out value is then re-calculated out with the likelihood of your bet winning. An example of a specific match event which can cause your cash out to be suspended is something like a goal, yellow card or substitution in a football match. Be aware, some bookmakers suspend the market in the final few minutes of the game as they begin taking markets down as the match is ending. This can sometimes mean that cashing out is unavailable for stoppage time.

Why is cash out unavailable?

Not every single bet will be available to cash out and there are a number of reasons for this. Not every market has cash out available, for example, bets on outright winners of leagues or tournaments. It can also be the type of bet that does not have a cash out option, such as ante-post betting in horse racing.

What sports can cash out be used on?

The sorts you can use cash out on differ from bookmaker to bookmaker, but all of the ones on our list have the option on the sports below.

  • Football
  • Tennis
  • Rugby
  • Basketball
  • Darts
  • Hockey
  • Baseball
  • Motor Racing
  • American football
  • Cycling
  • Table Tennis

Can you cash out free bets?

The terms and conditions regarding cashing out on free bets will vary from bookie to bookie. Most bookmakers will make the cash out unavailable until the value of the cash out is higher than your free bet. This is because free bet stakes are not part of any returns when you use them.

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