Best Cash Out Bookmakers

Date IconLast Updated: 2022 Nov 23
Available in Canada

Did you know it’s possible to win money with the bookies even if you back a selection that is settled as a losing bet? That is due to the emergence of Cash Out which is now widely available across our best betting sites, with customers able to enjoy this facility when it comes to a wide range of sports.

Cash Out ultimately provides customers with more choice than ever before. Instead of betting on events and waiting for your wager to be settled as a winner or loser, you can now choose to get Cash Out on your bet. In this article, we profile the bookmakers who are the best when it comes to earning Cash Out along with explaining a strategy when it comes to this betting approach.

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Recommended Betting Sites with Cash Out

There are lots of bookmakers who operate a first-class Cash Out service and that means you have plenty of choices when it comes to getting an early payout. The bookies will differ in terms of the Cash Out offer for different bets, while not every sport or market is covered by this service and it’s important to establish whether Cash Out will be available before you go ahead and place your bet.

 The sites that you can sign up to will depend on your location as each province has its own set of laws surrounding sports betting. In some cases your only option may be to sign up with an offshore operator. Some provinces are beginning to change their laws. For example, Ontario Sports betting has now been legalised and there are a whole host of new operators available to sign up with. So, be sure to check what your options are in advance of signing up with any betting site.

Every bookmaker also reserves the right to suspend Cash Out on a particular betting market, so you’re not always guaranteed to get an offer. Many betting customers particularly like Cash Out when it comes to bets like an accumulator where the value increases for every leg of the multiple bet that wins. It’s good to be able to tell when a Cash Out offer looks value considering the probability of that original bet winning.

Established 2012
Cash Out Sports
Cash Out In-Play
34
Yes
Cash Out - Auto
Cash Out - Partial
Yes
No
19+. T&Cs Apply. Play Responsibly
Established 2008
Cash Out Sports
Cash Out In-Play
32
Yes
Cash Out - Auto
Cash Out - Partial
Yes
Yes
19+. T&C Apply. Play Responsibly
Established 1997
Cash Out Sports
Cash Out In-Play
34
Yes
Cash Out - Auto
Cash Out - Partial
No
No
19+ T&C's Apply

What Does Cash Out Mean?

Cash Out is when a customer places a bet and then decides to take money from the bet before the wager is settled. For example, you could bet on Manchester United to win their next Premier League match and cash out for a profit when they’re winning 1-0 with twenty minutes left. Alternatively, you might have four legs out of five winning on your accumulator and want to guarantee an early profit.

Cash Out can also be used to reduce your overall losses. If you’ve bet C$100 on Chelsea to win and the scoreline is goalless with twenty minutes left, it might make sense to Cash Out and take C$50 rather than risk losing the full amount if they fail to find the net before the final whistle. Similarly, some customers break even when they decide to Cash Out.

Here are some examples of Cash Out:

Partial Cash Out

Auto Cash Out

Full Bet

Multiple Bets

Established 1997
In-Play Sports Tooltip The number of sports with in-play betting available
Cash Out - In-Play
14
Yes
In-Play Parlays
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
Yes
No
19+ T&C's Apply
Established 2012
In-Play Sports Tooltip The number of sports with in-play betting available
Cash Out - In-Play
34
Yes
In-Play Parlays
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
Yes
No
19+. T&Cs Apply. Play Responsibly
Established 2008
In-Play Sports Tooltip The number of sports with in-play betting available
Cash Out - In-Play
34
Yes
In-Play Parlays
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
Yes
No
19+. T&C Apply. Play Responsibly

How Bookmakers Calculate Cash Out Offers

We always recommend that customers weigh up whether the Cash Out offer from a bookmaker represents value or not. You might be excited about making C$100 from an accumulator which would return C$120 when settled, although it might generally be worth waiting for that team at 1/3 to play their match seeing as you included them in your footy acca in the first place.

A bookmaker such as bet365 will generally give you an immediate Cash Out value when you place a pre-match bet. That tends to be the same as the stake you have used to place the bet, so a C$10 bet on Arsenal will have a Cash Out value of C$10 providing that the odds don’t change.

Naturally, when a sporting event goes In-Play, the Cash Out value of a bet increases or decreases on a regular basis. Bear in mind that the bookie will build in a margin to their Cash Out offer and we also think the bookmaker wants you to take Cash Out rather than stay in the bet, so keep this under consideration before you decide to pull the trigger.

Ultimately, every bookmaker uses an automated Cash Out facility to calculate how much to offer across all the bets placed on that sporting event. The Cash Out value reflects the probability of that outcome being settled as a winner, also taking into account the stake which was used to place the bet.

If you plan on Cashing Out and want your funds instantly, then signing up to a bookmaker who offers instant withdrawals is advised. Check out the top bookies who offer this service below.

Established 1997
Sports with Cash Out
Acca Insurance Tooltip Refund or free bet when one selection in an accumulator lets the bet down
34
Yes
Bet Builder Tooltip Can you create your own personalised bets?
In-Play Sports Tooltip The number of sports with in-play betting available
Yes
14
19+ T&C's Apply
Established 2017
Sports with Cash Out
Acca Insurance Tooltip Refund or free bet when one selection in an accumulator lets the bet down
26
No
Bet Builder Tooltip Can you create your own personalised bets?
In-Play Sports Tooltip The number of sports with in-play betting available
Yes
13
19+. T&C Apply. Play Responsibly
Established 1946
Sports with Cash Out
Acca Insurance Tooltip Refund or free bet when one selection in an accumulator lets the bet down
9
No
Bet Builder Tooltip Can you create your own personalised bets?
In-Play Sports Tooltip The number of sports with in-play betting available
Yes
33
19+ | T&Cs apply | Please gamble responsibly | Begambleaware.org. This offer is not available for players residing in Ontario.

An Example of Cashing Out

Let’s consider a Saturday afternoon football accumulator. Picture the scene: every match is a 3pm kick-off and that means the final whistle is going to blow at roughly the same time.

You place a C$10 accumulator on the following teams:

Your potential return from the above bet is C$210 so you would effectively make a C$200 profit should all the selections win. However, this bet has accumulator odds of 20/1, so it’s a relatively risky bet in terms of securing a profit.

At half-time, the situation is as follows

Therefore, your football acca is going along very nicely and the Cash Out value is C$140. Considering you staked C$10 on this accumulator, that’s a potential profit of C$130 and would represent a handsome return. On the flip side, this is C$70 less than what you would win if you remained in the bet and all of the above selections won their matches.

At half-time and, as the second half progresses, you have to answer the following questions:

  1. Do you want to Cash Out before the final whistle?
  2. If yes, when are you going to Cash Out?

Ultimately there are no right or wrong answers with Cash Out as nobody has a crystal ball. Sometimes you take a profit at exactly the right time and the scorelines in your acca change for the worse, while sometimes you are left to regret even taking Cash Out considering that the above legs all run out winners, although you have still made an overall profit.

The main sports and betting markets offering a Cash Out option on your bet are:

FootballTennisHorse RacingNFL Football
Full-Time ResultTo Win MatchWin OnlyGame Lines
Double ChanceHandicapBetting Without1st Half Lines
Correct ScoreTotal GamesCover Bet2nd Half Lines
Half-Time/Full-TimeSet BettingSelection to WinWinning Margin
Goals Under/OverDouble ResultSelection to PlaceDouble Result
Both Teams to ScoreResult and Total
Goal scorersRace to (Points)
Multi Scorers
Asian Handicap
Result/Both Teams to Score
Handicap Result
Winning Margin
Scorecast
Wincast

BoxingGolfRugby UnionSnooker
To Win FightTo Win OutrightHandicapTo Win Match
Round Betting72 Hole Group BettingResultMatch Handicap
Fight Outcome72 Hole Match BettingTotal Frames 2-Way
Total RoundsTop 5 FinishTotal Frames 3-Way
Top 10 FinishAsian Handicap
Correct Score
Match Centuries
Player Centuries



Also Check Out: The NFL odds explained by our experts and the NFL betting trends.



Cash Out Strategies and Tips

Many customers regularly use Cash Out and there are a number of approaches that you can use to help you secure a profit along the way. We’ve put together a few key points to remember when it comes to this type of online sports betting:

Is Cashing Out a Bet Worth it?

If someone has cashed out for a profit on ten consecutive bets, they will tell you that it’s definitely worth enjoying Cash Out. However, if the majority of those wagers were settled as a winner with a bigger potential payout, then perhaps it wasn’t worth it after all. It really comes down to the type of bets that you are placing and how strong your Cash Out radar happens to be.

We generally feel as though the presence of Cash Out is a good thing and it’s a fantastic feeling to land a profit on an accumulator that would have been settled as a loser. However, you have to try and weigh up the pros and cons of each bet. How much have you staked on the bet? Did the bookie offer ACCA insurance on the bet? How much profit/loss do you stand to get from cashing out as opposed to the potential profit/loss when it comes to staying in the bet?

Ultimately, if you are making a weekly or monthly profit by using Cash Out along the way, then it’s been worth having, although you have to be a good judge and hope you make the right calls along the way.

When is the Best Time to Cash Out?

A large percentage of football accumulators are cashed out when there’s one leg left to play and all the other selections have won. A customer stands to enjoy a bumper return from their acca although the Cash Out value is just way too tempting and represents a very profitable return on the original stake.

That’s not to say it’s always the best time to Cash Out. We would generally recommend giving your original bet a chance to work its way into a profitable position and then make a call as to whether it might be a correct strategy to take some money out of the bet. You might think the football match isn’t turning out how you predicted or perhaps the team you have backed are struggling to hold on to their lead.

How Betting Sites Calculate and Pay Out Refunds

While it’s relatively straightforward when it comes to calculating a winning bet, it’s slightly different when it comes to Cash Out, Partial Cash Out and Auto Cash Out. These are all automated processes that bookmakers have in place, even if it looks as though there’s someone behind the betting site who is moving your Cash Out value up and down in accordance with what’s happening.

If you’ve placed a single bet on the Full-Time Result market, then your Cash Out amount is largely governed by the In-Play Full-Time Result odds for that match. If you’ve backed Chelsea at 2/1 and they are now 4/6 In-Play, the Cash Out value increases in line with the way that the price has shortened. Naturally, it can decrease if the price goes out again.

When you click on the Cash Out button for a particular bet, then you might have to confirm the Cash Out before your betting balance is updated to reflect the amount that you have won. With Partial Cash Out, there is another algorithm which allows you to move a slider and adjust your potential winnings or losses according to how much you want to take out of the bet.

Sports and Markets with Cash Out Available

Every bookmaker aims to provide Cash Out for as many sports and betting markets as possible. Bet365 are one of the leading bookmakers for Cash Out and you will find this service available for the vast majority of sports. When it comes to the actual betting markets, a good bookmaker will signify where Cash Out is available although it’s worth bearing in mind that it can be suspended at various points along the way.

If you’re betting on football, it’s fairly safe to assume that Cash Out will apply to all the popular markets, especially the ones which can form part of an accumulator such as Full-Time Result, Over/Under 2.5 Goals and Both Teams to Score. Football remains the leading sport, although tennis, basketball and horse racing and cricket are other sports which get the full Cash Out service.

For your convenience, we have listed the top bookmakers that offer the most sports markets below!

Pros and Cons of Cashing Out

Anyone who has enjoyed Cash Out with a particular bookmaker will become familiar with the upsides and downsides that come with this type of betting. While we’re broadly in favour of this betting site feature, it’s good to know the positives and negatives that come with this particular territory.

Pros of Cash Out

Cons of Cash Out

FAQ

Can I cash out bets on mobile?

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Does every betting site offer cash out?

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Why do bookmakers offer Cash Out on sports bets?

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Can you cash out a free bet?

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Which markets can you cash out on?

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Why can’t I cash out my bet?

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Does the cash out amount include my stake?

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Why does my bet not appear on the cash out page?

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