WHAT IS CASH OUT?

Cash-out is not cash-back. The latter is simply a refund for losing a bet. The cashout option allows you to withdraw your bet early. If the match doesn’t go our way, you can close the bet before the match so that you don’t lose any money or at least part of it. The settlement of a previously closed bet is determined by the product of the coefficient, stake and odds set by the bookmaker.

HOW TO CLOSE A BET?

Below we have described in detail what the cash out options look like for particular bookmakers. First, however, we will give you some examples of when you can take advantage of the possibility to close your bet early and when it can be profitable for you. Of course, everything has its pros and cons.

One of the biggest advantages of a cash-out is that you can protect yourself against losing money. All you have to do is decide to close your bet in time and your money or most of the money will be returned to you. This is especially true for AKO bets. Let’s just say you’ve already hit 4 out of 10 matches on a coupon, which gives you a pretty good amount of money to lose if only one bet is wrong. With the cashout option, you simply close the bet and collect the cash for winning 4 bets. This is also a good option if you make a wrong selection on the coupon or place a bet, and only then it turns out that the best player was injured.

The downside is that you may lose some of your money, but if your bet is hit and you close it for fear of losing. Sport is unpredictable and sometimes in the last few minutes the result may turn 180 degrees. The cashout option is also not available if any event is settled as a lost event on your coupon or if any winnings using the Early Close Betting feature are lower than your wager stake.

HOW DOES CASH-OUT WORK?

When can I close my bet before the coupon is settled? You should keep track of it on the bookmaker’s website, as it depends on the odds, the outcome of the match and the time until the end of the match.

The cash out option may appear when you have placed a bet and after a few days the odds for the match have changed. You can use this option in live betting if, for example, a team scored a goal and the odds fell on it. Please also note that the cash out option can only appear for a certain period of time, e.g. in the 70th minute of a match, but is already inactive 10 minutes before or after the match, as it depends on the odds available. Most players choose this function when they hit three out of four bets on a coupon and have more to lose than they have to gain.

IS REMIS

In this case, your chances of winning are greater, because Poles are missing only one goal to win, not two. It is still quite a risky bet, because there are 20 minutes left before the end of the match and the scoreboard still displays 0:0. In this case, if you close the bet before the end of the match, you can count on a higher return, but not a full return. Let’s say it will be 120 PLN. You still lose 30 zł, but in case of a draw you wouldn’t win anything.

YOUR TEAM WINS

It may seem that in such a case it is not worthwhile to resort to cash-out. The Poles win, and the probability of your winning increases from minute to minute. However, it is 60 minutes and anything can happen. If you decide to close your bet at this point, you will still receive more than you have placed and you do not risk losing. You will get more than 200 zł per hand. It’s true that you don’t get 290 if the Poles actually won, but you’re still in a good position.

WHETHER IT IS WORTH TO USE THE “CLOSE THE BET” OPTION

That depends. Sometimes it will save you from a big loss, and sometimes you will curse that you could have waited until the end of the meeting. The cash out option is certainly useful when the last match can weigh over the entire coupon or if there is little chance that your team will win. But if you like risk, just keep playing!