You’ll be excited to hear of bet365’s new betting method, Bet365 cash out. This is is now available for all sports, including football, tennis, rugby and more.
What Is Bet365 Cash Out?
The system is available via desktop mobile, tablet, iPad and their mobile site and it allows a bet365 customer to cash in on a bet before it has reached settlement.
Bet365 are basically the kings of the in-play, taking this from Betfair and moving it forwards. They offer bets whilst games are going on for all markets and this is great for using the Cash Out option again and again. Bet on an event whilst the match is taking place and then remove your money as the game changes.
How To Use Cash Out On Bet365
Imagine that Manchester United are playing Everton at home but go two goals down. Man United would have been favourites to win but their odds would have changed to make Everton favourites now.
By putting a bet on Man United to win now the chances are that they will score the next goal. The odds will then swing back in the Red Devils’ favour and you can take some quick winnings by cashing out now!
As a better and most recent example, think of Leicester City when they own the league. They had a number of people who had a bet on City to win the league at 5,000-1! Almost all of them took a cashing out option including one lucky fan who took the option for a cool £72,000!
The option is available in the top right of the customer’s bet365 homepage. Most bet types are supported by the Close Bet method, inclusive of singles, doubles, trebles, accumulators, lucky 15, plus loads more.
The following markets are excluded from the Close Bet method that you can use on Bet365 markets:
Asian Handicap; Goal line; Draw No Bet; First/next/last goalscorer; Scorecast; Anytime scorecast; First half scorecast; Wincast; Timecast. Don’t forget about the Bet365 casino either if you’re feeling lucky and you want even more special offers!
You can also use the Bet365 bar and sliders to help with partial cash out these days. You can claim some of your winnings but keep some money riding on the original bet. This means you can still win some money and have the excitement of seeing out your initial wager!
We have had reports of Bet365 cash out not working (as with all bookies’ systems to be fair) but consider this. Not every market and bet will allow the cash out system to be used in play. And you certainly won’t be able to use it on a free bet. Be very careful to ensure that you know the rules before you put it on.
How Does The Cash Out Slider Work On Bet365?
The normal function allows you to have a bet on an event but simply close the bet before the event is ended/decided. So if you were betting on a football match you could stop the bet early and take a percentage of the potential winnings. See our article on this via the link above.
Partial cash out takes this idea one step further. They allow you to take money from some of the bet and let the rest ride. Good, eh?
Bet365 Partial Cash Out Examples
Imagine you put £10 on a 9/1 shot that you’d expect to return £100 (including your stake back) and Bet365 offer a halfway cash out during the event of £60. Your team is probably winning by one goal with about 20 minutes to go.
Here’s the twist though – you can choose to cash out £5 of the £10 stake (winning £30) and leave the remaining £5 stake (also valued at £30 at this time) to keep running. Hopefully your £5 will win you £50 via the original odds of 9/1.
Doing this would only give you £80 of the original winnings you’d have hoped to have own. However you now have the safety net of £30 if the bet fails – a profit of £20. It’s the equivalent of having multiple bets on different stakes on the same bet, and cashing some of it out.
It’s perfect if you have something like a 10-fold accumulator. You can now take a profit with one game to play knowing that your final match has some money still riding on it.
I’ve used this already a couple of times and it’s a great way to at least guarantee getting your stake back. Why not give Bet365 partial cash out a try yourself?