Cash Out

Since it was first introduced by Betfair back in 2012, Cash Out has now become an essential feature for nearly all betting sites in the UK.

What is Cash Out?

Cash Out gives you greater control over your bets by allowing you to take a profit or loss on your bet before it has settled. For example, you might choose to cash out a football accumulator bet on 4 matches after the first 3 results have gone your way, and your suddenly not so confident about the 4th game which is a late kick-off, so you cash out, take the money and run.

Partial Cash Out

More recently betting sites have evolved this feature to include “Partial Cash Out”, which allows you to cash out a part of your bet, rather than the entire amount. This is a very clever feature which many sites are yet to introduce so it’s definitely worth looking out for those firms who do offer this.

Any site offering Partial Cash Out is already ahead of the pack and deserves credit, however the two betting sites who really stand out in this field are bet365 and betvictor.

Bet365 have taken their product a step further by introducing “Auto Cash Out”, which enables you to set a threshold on your bet, and as soon as the cash out value reaches or exceeds this your bet will automatically be settled. Very handy and saves you constantly checking your cash out value while trying to watch the game!

BetVictor have enhanced their cash out function by adding a “Bank My Stake” feature, this allows you to partially cash out your bet to the value of your original stake, so whichever way the results go after that you can rest assured you’ll either be quids in or break even.