Another excellent new feature has arisen over the last year and it enables you to cash out early on multi-bets. There are several of the best betting sites now offering this feature with the likes of Sportsbet and Ladbrokes promoting their feature to the max. Personally I am not a big fan of this as to me it's a bit of a cop out and some serious winnings could be left behind if you used this option too much.
There will be some scenarios where it's really advantageous to at least have the option but I would rather let my bets ride and wait for another day if I lose. The only reason I would look at using this is if I had the option of cashing out if my team was losing going into the half way mark of my last leg then I may take the medicine and press the button but I am a glass half full type of guy than half empty, which are you?
Sportsbet - What is Cash Out?
Cash Out puts you in charge of your bet by offering you a payout at any stage after your bet is placed and before your event ends.
- You will be offered a Cash Out amount immediately after you have placed your bet
- The amount offered will fluctuate as the odds of your bet increase and decrease
- Any bet placed can be cashed out online except live bets placed over the phone
- Any live bet placed over the phone can only be cashed out over the phone
How do I cash out my bet?
The way you are able to cash out will depend on the way that you placed your bet, if you have made your bet online, you will be able to cash out online before and during the event. If you made a live bet over the phone, you will need to contact phone betting on 13BETS to perform a cash out.
Some bets may not be able to be cashed out once a match starts if the game is not offered live or if the event is currently suspended for revision of odds.