Cash Out betting option, a perfect betting opportunity

What is the Bet Cash Out option?

One of the most attractive options that betting companies use to create a safer and less harmful environment for players is the Cash Out betting option.

Through this feature players have the opportunity to close the bet before the end of the game. In reality, the betting company offers a lot of credit to 'buy' the bet.

The Cash Out betting option is used in two cases. When your bet is close to closing at a win or when the bet is close to closing at a loss.

If your bet is close to winning, the betting software proposes you a certain amount which, of course, is less than the expected win at the beginning of the game. This makes your bet safe. Whatever happens in the game, your winnings are guaranteed.

If your bet is close to losing, the "Cash Out" amount is less than the initial amount placed on the bet. This gives you the opportunity to not lose all your money if your last prediction has not been confirmed.

The Cash Out betting option is available from the moment you place the bet and is used in most cases in live betting.

Example - How the Bets Cash Out option works

Let’s look at an example to understand it more clearly.

In the match between, say, Real and Juventus, you bet € 100 on Juventus winning, odds @ 2.50. So your goal is to win a sum of € 250. In the first part, the results is 0: 1 for Juventus. The software offers you the option to 'Cash Out' € 180 and close your bet as a winner. At this point, you can accept the offer and win € 80. It is no longer necessary to get further involved with the game.

Or, you can leave your bet open, to win the full amount (250 €) if Juventus wins the match.

In the same game, if Real win 1-0 in the first half, your bet will have less chance of winning. 

The software can make you an offer of € 30 to close your bet. This gives you the opportunity not to lose all your money (€ 100).

The best betting sites with "Cash Out"

Not everyone offers the Cash Out option and we have carefully selected those companies that offer this service.

Betssonplay now
Mr Greenplay now
Gutsplay now
Nordic Betplay now

Why do betting sites offer the 'Cash Out' feature?

So ask yourself, why do online betting sites give you the chance to cut your losses?

The main reason is that players love this option. This makes bets more fun. Allows the player to 'close' his bet, so he can place a bet on another game.

In this way, bettors increase players' interest in betting, so they place bets repeatedly.

A second reason is that through the 'Cash Out' button, companies have more profit. This has a very simple explanation, in cases where you accept the deal to secure the bet, for almost safe matches, the company pays less money than it would have paid if you were going to get the full fitness of the tab.

This means that in 70% or more cases, they will have to pay the full amount. And, there is a 30% or lower of cases, in which they will not pay anything.

arguments

There are discussions about the Cash Out option as players are of different opinions.

  1. Some think that this interrupts the emotion and the long-awaited result.
  2. Others call it an advantage as you can take advantage and abuse through this option.
  3. Some others think that at certain moments of the match the Cash Out option has no value but in the end everyone is right.

The Cash Out option above all has its value for the fact that you have the opportunity to accept it to play again in another match, and this is exactly the purpose of the companies, for you to continue playing.

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