We often get asked what are the best Bookies for Cash Out in play. As this is a site dedicated to getting the most for your money this is a fair question!
Strangely not all bookies actually offer cash out in play at this time. You’d expect that such an innovation would be introduced by all bookmakers pretty quickly, but some of the smaller companies have decided against it. This could be due to the technology required to do it or simply the risk to their profits. Cash out does indeed put the power back into the hands of the punters!
The ability to cash out your winnings at any point has revolutionised the betting markets. I’d seriously recommend that if you are going to open a new betting account you choose one that offers cash out. This article will tell you which bookies offer cash out and also partial cash out – something which is equally useful. We’ll tell you how partial cash out works below.
What Are The Best Bookies For Cash Out?
Each bookmaker above will have their own variations on cash out so it is worth understanding the differences. For this you will be able to read more from our cash out bookmaker review front page.
The bookies differ in terms of availability of the cash out function as well as offers. If you wish to bet on particular sports for instance you’ll need to be sure that the bookie allows this. You will also need to decide whether you are interested in partial cash out or not. Whilst we realise that it’s possible to open numerous betting accounts it’s much easier to use one.
What Is Cash Out?
Cash out, which is explained fully on our front page as mentioned above, is a feature that most bookies offer these days. It’s primarily an online function but it’s also possible to ask for a cash out price over the phone or even in a shop! Betfair and Bet365 cash out were the early pioneers of this but now most bookies allow it.
It allows you to place a bet on an event and take winnings early, putting the power into your hands. For instance, if you place a bet on Chelsea winning and they take the lead you will be offered a price by the bookie to end the bet early.
This allows you to take winnings early and also means the bookies win occasionally too. The bet ends as soon as it is cashed out so if the original bet goes on to win the bookies will have won too!
The great thing about cash out is that it works across multiple sports. After being launched as a football aid it is now available for other sports such as rugby, tennis and even horse racing.
Which Bookies Offer Cash Out On Accumulators
If a bookie offers cash out on single events then they will also do the same on accumulators.
This is great if you have put together a 5-team accumulator. If all 5 teams are winning you should be offered a decent amount from the bookies to cash out. You will even have the chance to cash out before an event has kicked off. If you bet on 4 teams to win at 3pm and another that kicks off at 5.30pm you can cash out before the last event starts. Excellent if your last game is a risky one and your nerve is being tested!
This also works for horse racing, so if you have a 5-race acca on the go you can take winnings early before the last race starts.
Once you have declared that you’d like to cash out the bet the bookie will credit your account. Each of the bookies we recommend are good payers – if you find they aren’t please let us know! One thing is certain though – if you have cashed out and the game result changes your money is safe!
What Is Partial Cash Out?
Partial cash out takes the thought of taking profits early to the next level. If you are unsure as to whether to cash out or not this allows you to do both! You can cash out a certain percentage of your original bet early and let the rest of the amount ride.
That will allow you decide whether to, say, get your stake back and let the rest of the bet ride. Or you can ignore the partial option and go for a the original bet and potential full profit.
As an example lets say you have put on a £10 bet and find that you are being offered £25 as a cash out value. Partial cash out means that you can take £10 of profit and let the rest of it ride as a normal bet. Obviously the amount you can win will be reduced as you have taken some winnings already.
Remember that with with both partial and full cash out it is worth checking with the bookies that they offer it. A symbol should be displayed next to the bet giving you this guidance. You don’t want to be caught out wanting to cash out a bet and not being able to!
We hope you have a better idea of What Are The Best Bookies For Cash Out. If you have any further questions please feel free to ask us!