Best Bookies For Cash Out

One of the best new features that online bookmakers have introduced in recent years is the ability to cash out your bets in-play. Using cash out, you decide when the bet ends. You can take your profit or cut your losses at any time, before the game, race, tournament (or whatever else you’re betting on) has finished.

Until recently, you could only settle your bets early by trading them out on the Betfair exchange. These days, many of the big name bookmakers offer cash out. You can even use your mobile or tablet, which means you can be in complete control of all your bets at any time, wherever you are. However, some bookmakers do it much better than others. We’ve tested the cash out function at all the major online bookies, and we can now reveal which are the best bookies for cash out.

Betfair

Betfair Cash Out

Betfair cash out is available on most major betting markets

We’ve read that other bookies claim to have “invented” cash out, but in reality this has been possible on the Betfair exchange ever since it was first launched. Since Betfair added their sportsbook, they also added a cash out feature to non exchange bets – and it works great.

One of the most important things is that when you hit that button to take your profit, you want it to work – first time. And that is one of the main strengths of cash out at Betfair. Yes sometimes odds can move in-play, but with Betfair we found that our cash out was successful the vast majority of the time. The in-play odds were also very good which meant we got a much better return on cashed in bets than we did with some other bookmakers.

It works on singles, multiples and accumulators, and most major sports are covered. What’s more the process is easy. The Betfair app or website shows you exactly how much you stand to make at any time, and you can take your profit with just one click.

So if you think you’re going to be cashing in bets in-play on a regular basis, Betfair is one account you cannot afford to be without.

Paddy Power

paddy power cashout

Paddy Power cash out is available on a variety of sports

Paddy Power allow you to cash in your bets on a variety of different sports. These include football, golf, basketball and NFL. It works on singles and accumulators.

A cool feature on Paddy Power is that they have a dedicated page where you can see all your bets that are eligible for cash out, all in the same place. There you can quickly decide which ones you want to close early and which you want to leave running. It’s a good way to make sure you make the most possible profit overall.

Like Betfair, the cash out at Paddy Power is fast and simple. One click is all you need to take your profits early at any time. And most importantly, it has a very high percentage of success, even when the odds are moving fast. This means you don’t have to keep on clicking again and again to try to close your bet.

 

Tips For Successful Cash Out Betting

Cashing in your bet is a great option to have, but it’s important that you use it wisely. The first step is to choose the best cash out bookmaker from the list above. You can also follow the following tips to make the most profit from your bets.

Do Don’t
  • If you feel that your bet is slipping away – for example if your team is defending desperately and being dominated by the opponents – it’s always best to take your profit early. It’s better than risking losing it all just to make a few extra pounds.
  • Make sure cash out is available on the market you plan to bet on, before you make the bet.
  • The ability to end your bet early is not an excuse for placing an unwise bet in the first place. Make sure you study the form and statistics just the same as you would with any other bet.
  • Don’t panic and close a bet early if it looks nailed on to win. You could lose out on extra profit by using this feature too often. Try to get the right balance between taking profits when the result is in doubt, and letting your bet run when you’re well ahead.
  • Don’t bet with a bookie who doesn’t have a tried and tested cash out system. All bookies are not the same! If the function does not work well, it could be a very frustrating process trying to close your bets.