The cash-out feature is one that is provided by a number of the leading bookmakers and online casinos in the world. Bet365 and Betway are two of the most prominent ones to offer it to the customers. This feature basically allows you to settle up with the bookmaker before the actual bet has been settled. When can you cash out a bet?
Let us find that out and more about the cash-out feature right now.
When can you cash out a bet?
The cash-out feature is basically meant to give people the freedom to end their participation in a bet at any time they want. This means you can cash out a bet at any time that you want before it has been settled.
For example, you place a multiple bet on the outcome of three EPL football matches. You can choose to cash out at any time before the match has ended. The value of the cash out is going to change as per the situation of the matches and the likelihood of you winning your bet.
This means that you can cash out more than your initial stake or lesser. This will keep changing as the match situation changes and so you need to be smart about when you use this feature. When can you cash out a bet? ANytime you like but in general, you should wait till you are trying to cut some losses on a bet gone completely wrong or are booking a decent profit on a bet that could change quickly.
We like the cash out feature for its flexibility and think it is great that more and more bookmakers are implementing this on their websites. Look for the option at the bottom of your bet slip and keep an eye on it to use it at the right time!