Way too often betting turns into a roller coaster adventure, with ups and downs and players don’t know what to expect until the final whistle. Anything can happen on the pitch and adrenaline junkies frequently make use of live streaming features to watch the games in real-time. This has the advantage of providing them with the means to place additional wagers, to take advantage of fast shifting odds and maximize their profits, or cut their losses.
Risk-averse players refrain from adding too many selections on their betting slip, knowing that the chances go down slightly faster than the potential profits go up. Many of them place opposing wagers as the games are underway, trying to put a safety net in place assuming things don’t go according to the plan. Bookmakers constantly try to meet customers halfway and introduce those features that will make their gaming experience more pleasant.
9 Of The Best Cash Out Betting Sites
Cash out betting sites and now the newly introduced partial cash out betting sites are presenting customers with the possibility of locking in on existing profits, or minimizing their losses in real-time. Not surprisingly, many of them are also offering live streaming services or at least provide customers with up-to-date stats about the action on the pitch. The cash out feature does exactly what the name suggests and with a single click of a mouse players have the possibility of collecting an amount determined by the bookmaker.
How useful is the cash out feature?
Many of the new features introduced by bookmakers are actually gimmicks that look great on paper but don’t provide players with a real choice. The cash out feature is a fortunate exception and one of the most useful instruments recently made available by gambling companies. Many players incorporate it into their basic gambling strategies and there are some who even place wagers with the purpose of closing them way before the final whistle.
The usefulness of the cash out feature is undeniable, but not any bookmaker offering this instrument will do and players need to make an informed decision. They need to find the best cash out betting options and they are indissolubly linked to the size of the odds offered by bookmakers. These odds are refreshed in real-time and they can go in one direction or the other, depending on whether the favorites take the lead and dominate the match or suffer an initial setback.
Some operators even have betting apps with cash out features, so those who use mobile devices for gambling purposes can use it as well. Players who monitor the action in real-time, will have an easy time comparing the odds offered for live bets with the cash out value on their wagers. By simply multiplying the two values, they will be able to decide whether the bookie is making them a fair offer or if it is better to go down with the ship.
Once you are hooked with one bookmaker or betting exchange, you are more or less committed to the odds they offer. The sports betting cash out value can only be used on single wagers, so if you have multiple events added on the same betting slip you will have to wait until the final whistle. Another thing to keep in mind is that this feature is not available to be used by those who have pending sign up free bets.
Cash out betting sites
The number of websites that have jumped on the bandwagon and are currently offering cash out football betting is rising at an accelerated pace. The feature is easy to implement and immensely popular with punters, so it shouldn’t be difficult to find a suitable bookmaker. The challenge is to identify those that actually offer fair odds and these eight listed below meet every single criteria.
Betvictor was at the forefront of innovation and among the first to introduce the cash out accumulators, which are still missing from other bookies. They have the uncanny ability of allowing players to lock in on existing profits even if they chose to bet on several events unfolding at the same time. The user-friendly betting slip allows punters to see the odds at which they placed the cash out accumulator wagers, as well as the offer made by the bookmaker. The Betvictor cash out process takes a single click of the mouse, as this action implies the fact that punters fully agree with the odds offered.
Betfair is the world’s largest betting exchange and a bookmaker famous for offering better than average odds on a broad spectrum of games. Players can cash out in play and enjoy the same outstanding value, with the differences between standard and live odds being conserved. At Betfair cash out is also a process that requires minimal user involvement and no more than one mouse click. The funds are made available immediately after and can be used to place wagers on other markets or even the same match.
Unibet is one of the best cash out betting sites that offer this possibility both prior to kickoff and after the game is underway. When players check out the betting slip, they will see the proposed value for a refund, next to the initial odds. This helps them greatly in the decision-making process, as punters have an easier time making up their mind. They get to see what can be lost and gained if they choose to use the unibet cash out, but also monitor the trend at which the odds go up or down and use the unibet cash in.
Speaking of which, Paddy Power has emerged as one of the most reliable bookmakers when it comes to cash out in play. For starters, this feature applies to virtually all the games that are available for live betting, not only football, basketball and tennis leagues. The odds are refreshed very often and as long as players keep a keen eye on the strengths, they are guaranteed to maximize their profits. The Paddy Power cash out also allows a great deal of flexibility, with players being allowed to cash in on the entire wager or a part of it.
Don’t wait until it’s too late
The same unique advantage is enjoyed by those who have an account with Skybet, as the bookmaker cash out has one of the most user-friendly cash out football betting. Punters use sliders to decide how much of the bet they want to close and can leave a part of it active thanks to the Skybet cash out tool.
This is the perfect instrument for those who want to hedge against the risks and are reluctant to give up on all the progress made so far. It’s a great choice on those occasions when the game seems to advance in the right direction but you want to make sure that if things take a turn for the worse you won’t lose everything.
The William Hill cash in my bet feature is also geared towards risk-averse players and it works just fine for acca insurance bets. You can even use it when placing parlays on American sports and members can cash in on a betting slip that contains both live events and matches that are yet to start. The bookmaker also has terrific odds for in play wagering and as a result, it is compelled to offer better values to those who want to close their active bets by tapping into the usefulness of the William Hill cash out betting.
Coral was a bit late to the party when it came to cash out sports, but it brilliantly succeeded at closing the gap separating it from the leaders. The Coral cash out feature can be used by any players, except for those who have pending bonuses and free bets to redeem. Locking in on profits in a match prior to its natural conclusion will be regarded as a voided match by the Coral cash out , so this particular bet won’t count towards the wagering requirements. This is the only shortcoming and one that is common to many bookmakers, but otherwise the odds offered by Coral are pretty good by any standards.
888sport has a similar approach, but it is one of the few bookmakers that have to dedicated tools that go by similar names. The 888 cash out and 888sport cash in are doing essentially the same thing, yet they apply to different types of wagers. The first applies to those bets that are spinning out of control and convince punters that it would be better off to cut the losses. By comparison, the 888sport cash in applies to those bets where the chosen team has scored early or is already ahead. In one case you receive a fraction of your investment and in the other, the entire amount plus a significant bonus for the head start.
Pros and cons of cash out betting
Overall the perks of taking advantage of this unique feature dwarf the shortcomings, but it is not always a good idea to lock in on profits. The downside of constantly cashing out your bets is that you win significantly less than you would, had you chose to go the whole 9 yards.
Locking in on profits early in the game is generally a better solution than closing the bet just a couple of minutes before the end. Having said this, there are occasions when bookies offer more than 95% of the potential profits and the decision needs to be taken on a case-by-case basis.
The advantage of locking in on existing profits are self-evident, since savvy punters are fully aware of the frustrating situations when their chosen team loses in the final minutes of the game. This is a great choice for minimizing the risks and also a smart way of cutting down your losses when the chosen team is clearly outplayed.
To maximize the effectiveness of sports cash outs, one needs to use it almost exclusively on those games that are available in a live streaming feature. Not knowing the facts firsthand can lead to serious errors in judgment and it is generally a mistake to rely exclusively on the facts provided by bookmakers.
Another reason for why the cash out is a very useful feature is that it grants punters unrestricted access to their funds. They no longer have to worry about the fact that they’ve got money blocked in bets that will be settled hours or days later. If an excellent opportunity presents itself, selling a bet or cashing in on your profits will also enable you to use these funds to place a more lucrative wager.
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