Cashing out early allows you to conclude your bet before a sports contest ends, providing an opportunity to lock in profits or mitigate losses. It helps you guard against unforeseen turns late in games or matches, making the rest of the game irrelevant once you decide to cash out.
💡Trouble cashing out early?
If you can't cash out early, it might be because the market isn't active, or the cashout option is temporarily turned off for certain parts of the game.
Remember, sportsbooks could take away the cashout choice, especially if the score is close or the game is unpredictable. So, don't assume you can cash out whenever you want.
Keep in mind, the availability of the cashout feature depends on the game's situation. Just something to keep in mind for your bets! 😉
How much is an early cash-out?
The early cash-out amount is always a percentage (less than 100) of your original bet. This percentage is determined by factors like game flow, time left, current odds, and win probabilities based on historical data. Similar to live bets, early cash-out options can fluctuate during a game based on unfolding events.
How to cash out early?
After placing your bet, wait for the game to start; your bet is now live.
The cash-out option will appear if the market offers it. In some cases, you can cash out as the game starts, while in others, you may need to wait.
Click the [Cash Out] button next to your bet when available.
Once done, we will process the request, and your payout will be delivered promptly.
Pros and Cons
Pros:
More control and protection over your bet’s outcome
Less vulnerability to unexpected outcomes and bad beats
Guaranteed profits and reduced losses in some cases
Cons:
Risk of locking in a loss on a bet that ultimately wins
Partial payout won’t match the final payout if you wait for the game to end
This strategy could end up costing you money
Deciding whether to cash out early depends on your risk tolerance. If you prefer limiting losses while enjoying sports betting, early cash-out could be an excellent strategy for you. Remember, the choice is yours, and it's essential to consider the pros and cons before making a decision.