|Cash out before the end of the event if you feel your bet is not going to work out.Īs the status of bets is updated in real time, sports bettors can wait for the next pass rush, basket made strikeout, or any ensuing play to determine the best and most opportune moment to cash out. These types of wagers are usually placed while the event to which the bet relates is actually taking place.Įxamples include placing a wager on a football game that has already kicked off or betting on a horse race while the race is being run. The ‘Cash Out’ option will be offered as part of ‘in-running betting’, also known as ‘in-play’ or ‘live betting’. Naturally, the amount will depend upon the likelihood of that bet winning or losing – it could potentially be greater or less than the initial stake. The amount of money you will get back will be determined at the time of cashing out. Simply put, ‘Cash Out’ allows you to get money back on your bet before the event on which you have placed a wager is over.
