Have your ticket paid out before it becomes a losing one. Find out how Cash Out works and how to make the most of it when betting.
Cash Out
Cash Out is a useful feature offered by many Czech and foreign bookmakers
This unique feature allows players to withdraw money placed on a certain event before it concludes. This significantly reduces the risk of losing their entire initial deposit and being completely at a loss. On the contrary, with Cash Out, they can save part of their bet and sell their ticket before it becomes a losing one or have a reduced win paid out. If they learn to use this feature correctly, they can end up with a nice hefty win.
What is Cash Out?
The term refers to the sale of a ticket or immediate payout of a proportional amount of the deposit or winnings. Players most often encounter this feature in bets on a larger number of matches or events (i.e., opportunities). In such a case, they can sell the ticket after a certain number of matches have been played and have a proportional part of the staked amount or part of the winnings paid out. The money players get from the Cash Out is then immediately credited to their player account.
How does Cash Out work?
Each bookmaker may have slightly different Cash Out features, but it is generally available for pre-match accumulator bets. However, it can also be found in LIVE bets and only rarely in system (combo) bets. To use this feature, players usually need to have at least one outcome on the ticket predicted correctly (at least one winning tip). By using the Cash Out, they subsequently give up the ticket and only get a proportional part of the winnings (or staked amount) back. Cash Out works in two ways. If the players’ tips are going well and their ticket has a chance to win, but they do not want to risk a potential loss, they can sell it and have only a certain part of the winnings paid out (usually reduced by the number of unplayed matches) before the next match starts. But if their ticket contains winning tips and other matches have already started, but they are not going in the player’s favor, they can sell it and save at least part of their stake. The game may not end with a positive gain for them, but they minimize their loss.
When Cash Out is not available
Selling or paying out a ticket is only possible under certain conditions, which each bookmaker can adjust as they see fit. Generally, however, this feature is canceled when the bet is suspended, closed, or the odds have changed. This usually happens with LIVE bets or when there are no odds available for the given opportunity.
Cash Out strategies
There are many strategies and ways to strategize when placing bets and when to bet on Cash Out. However, no strategy works 100% of the time. To increase their chances of success, players need to have a real understanding of the sport. The more information they manage to gather, the better their starting point will be. The best bettors therefore spend a few minutes each day finding out the latest updates and incorporating them into their strategy.
Advantages and disadvantages
The great advantage of Cash Out is preventing the risk of losing and losing the entire initial deposit. If players do not want to risk, they can have only a proportional part of the winnings paid out or, in case of fear of losing, get at least part of the staked money back. Once they use this feature (whether online or in the mobile app), the money is immediately credited to their player account. The risk of Cash Out, however, is that players may deprive themselves of the maximum win they could achieve if their tips prove correct. Once they sell their ticket this way, it is considered closed. If it turns out at the end of all the matches that they would have won the highest prize, this ticket is invalid. However, this feature is not available at all bookmakers or for all sports, and the conditions for its use may vary between individual bookmakers.
Partial payout
Some companies offer players the option to have only part of the money paid out. They can then choose for themselves how much money they want to withdraw from the game and the rest remains in play. Their final win then depends on the final outcome of the event they bet on and the amount of money that remained in the game.
Where can you use Cash Out?
Since this feature is very popular among players, it can be found at many Czech bookmakers and foreign bookmakers. It has been available for several years for bets under the Tipsport holding (Tipsport and Chance). Cash Out is also offered by Fortuna, SYNOTtip and Sazkabet. Usually, the option of early payout/sale of the ticket can be used when betting online, as well as in the mobile app of the company. However, the exact rules and way of using Cash Out are determined by each company individually.
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RabonaBonus: €100 for the first deposit |
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MostBetBonus: €320 for the first deposit |
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22BETBonus: €120 for the first deposit |
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20BETBonus: €100 for the first deposit |
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LibraBetBonus: €100 for the first deposit |
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Frequently asked questions
1️⃣ What is Cash Out?
This is a feature that allows early closure of a betting ticket and payout of the money. It is sometimes called ticket sale or immediate payout.2️⃣ When can Cash Out be used?
Each bookmaker sets its own rules, but usually Cash Out is available when there is at least one winning tip on the ticket. Players can encounter it in both accumulator bets and LIVE bets.
3️⃣ How is Cash Out paid out?
Upon meeting the conditions, players can have a proportional part of the winnings or part of the deposited money paid out before the event they bet on concludes. Some companies also allow partial payouts, where players choose how much money they want back and how much remains in play. Once this feature is used, the ticket is closed for them and the money is immediately credited to their player account.
Michael Cermak
