Best Cash Out Betting Sites in the UK for 2024
The now-ubiquitous Cash Out feature allows for guaranteed wins before the event is up and the recovery of some of your stake on bets likely to lose. Here’s your guide to doing both, as well as definitions of full, partial and auto Cash Outs and a look at some of the best Cash Out betting sites out there.
#AD 18+ New Customers Only Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
#AD 18+ New UK customers (Excluding NI) only. Mobile Exclusive. £30 in FREE Bets (FB) as £20 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify. T&Cs Apply. 18+. IRE/NI & UK online customers. Max Free Bet £/€20. Win or win part of e/w outright singles. 5+ runners. 1st bet on each race. Free/void/antepost bets don't qualify. In event of a dead heat, offer won’t apply. Applies to First Past the Post result. Unnamed 2nd Favs don’t qualify. Acc & Payment restrictions apply. T&Cs apply.
#AD 18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. UK and Ireland residents only. Further terms apply. GambleAware.org
#AD New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. Bet Responsibly. GambleAware®. 18+
#AD 18+ New customers only. Opt in and bet £10 on Horse Racing (odds 3.00+) within 7 days of registration. Get 7x5 Free Bets for Horse Racing (odds 3.00+), which expire 48 after accreditation. Click for T&Cs. GambleAware.org | Please gamble responsibly
#AD 18+. New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of each-way bets only. 2 non-withdrawable £10 Free Bet Tokens: Valid for 7 days from acceptance (ex. each-way & multiple bets), stakes not returned. **Max Free Bet £10. Free Bet: non-withdrawable, use in 7 days on sportsbook only. Stake not returned. Full T&C's apply. Bet Responsibly. GambleAware.org.
#AD 18+. New customers only. First single & e/w bet only. Odds of 1/1 or greater. 4 x £10 bet tokens. Free bet stakes not included in returns. Free bets are non-withdrawable. Free bets expire after 30 days. Eligibility restrictions and further t&cs apply. 18+. Gambleaware.org
#AD 18+ New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. Full T&Cs apply. Gambleaware.org.
#AD New customers & 18+ only. Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded. Get 3 x Free Bets: 1 x £10 Football, 1 x £10 Racing, 1 x £10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply. gambleaware.org.
#AD. 18+ Betfred general T&Cs apply to this Offer in addition to the Significant Conditions below. If there is any conflict between the Significant Conditions and our general Terms and Conditions, the Significant Conditions will take precedence. Bets only placed on any of the nominated races on the specified day, Each way single or each way multiple bets. Antepost bets do not qualify. GambleAware.org
#AD New UK customers only. The qualifying bet should be either a Single or Acca (2+ selections) bet, start at £10, have 1.9 or greater odds and must be settled within 7 days of sign-up. 5 Free bets which must be placed with a min odds of 2 include: 1 x £10 Free bet on any Pre-match Football game (single); 1 x £10 Free Bet for Horse Racing (single); 1 x £10 Free Bet for Acca (min 2 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 3 selections) Bet on any sport; 1 x £10 Free Bet for Acca (min 4 selections) Bet on any sport. Max payout – £500. 7 day expiry. To unlock the offer, complete the first deposit via the banking app (Open banking). 18+. GambleAware.org
#AD 18+ New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, bet and payment method exclusions apply; T&C apply. GambleAware.org
#AD Place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. 18+ only. Full Terms & Conditions apply. GambleAware.org
18+ New customers only. Opt in via mobile or app, bet £10+ on horse racing at odds of 2.00+, in 7 days. Get 6x £5 in free bets on selected markets. Bonuses expire in 7 days. T&Cs Apply. GambleAware.org | Please gamble responsibly
Introduction to Cash Out Betting Sites
Cash out betting sites are online gambling platforms that offer cash out as a feature across a wide range of sports. In supporting the early settlement of bettors’ wagers, bookmakers give customers full control of their bets.
The cash out function is simple in premise but detailed in nature. In its most basic form, cash out is used to end a wager before the natural conclusion of the event. The bettor then receives a portion of money – the sum of which is calculated by the stake and the likelihood of the bet coming off at the time.
An Overview of Cash Out Betting Sites
The function of betting sites with cash out is to let bettors settle wagers early. These platforms make cashing out as easy and accessible as possible.
Your cash out value is determined by the bookmaker’s automatic calculator. Factors taken into consideration include the size of your selection, odds linked to each bet, your stake, and how many horses you’ve included.
You should regularly check back on your bets to evaluate whether or not to cash out.
How Does Cash Out Work?
When a bookmaker offers cash out as a feature, you’re permitted to settle a bet on that selection early. This feature is generally accepted in a limited range of markets, with football betting as the most popular option for cash out.
The way it works is simple. You add a selection to your betslip, then enter a stake, and confirm the punt. When you’re ready, just press the ‘cash out’ button within the ‘my bets’ tab or your betslip to settle it early.
The more likely your bet is to win, the better your cash out value. The reverse is also true.
You will seldom encounter a minimum cash out amount at UK betting sites, and the cash out limit will always be less than the maximum payout.
When is Cash Out Available?
Cash out is typically available for pre-match, half-time, and live betting markets. Betting sites with cash out will let you know if a selection is eligible for cash out via an icon, similar to the blue cash out symbol seen at Coral.
The availability of a cash out will fluctuate during an event. Many factors come into play here, with things like goals, penalties, non-runners, and injuries all capable of suspending the feature – and the entire betting market for that event.
Sportsbooks won’t let you cash out when the value of your bet hits zero. In this instance, there’s no money to be paid back to you.
Cash Out Betting Strategies
Let’s consider some Cash Out strategies that could prove successful in the long run.
- The bad frontrunner - A football team with a habit of scoring first but not winning, or the horse who often hits the front late on but can’t hold on are great examples of runners who are excellent candidates for Cash Out. Identify runners in this category and make sure you Cash Out on them, because they’ll seldom actually go on to win.
- Don’t be afraid to Cash Out for a loss - Cashing Out a losing position can be as important as Cashing Out a winning one. If you can recover some of your stake on bets you’ve given up on as winners, it’s worth doing so.
- Find an alternative to Cash Out - Very often the Cash Out offer may be a little on the stingy side as the Sportsbook lures you into taking a poor value offer with the promise of a guaranteed win. If you can hedge your active bet (which is in a good position) on a particular market, it may be a better value alternative to using Cash Out, assuming you have funds left to do it.
Our Picks: Top 15 UK Cash Out Betting Sites Reviewed & Compared
Let’s look at 15 of the best cash out bookmakers in the UK in terms of which types of cash out they offer, highlights of their cash out product and other aspects of the sites we like.
bookmaker | sign up offer | cash out | types of cash out available |
---|---|---|---|
bet365 | Bet £10 and get £30 in free bets | Yes | Full, partial and auto. |
BoyleSports | Bet £10 and get £20 in free bets | Yes | Full and partial. |
William Hill | Bet £10 and get £30 in free bets | Yes | Full and partial. |
LiveScore Bet | Bet £10 and get £20 in free bets | Yes | Full cash out only. |
Parimatch | Get £40 in free bets when you place a £10 qualifying bet on football | Yes | Full cash out only. |
Unibet | Get a bonus up to £40 if your first-ever bet loses | Yes | Full cash out only. |
BetVictor | Bet £20 on horse racing and get £40 in horse racing free bets | Yes | Full and partial. |
Virgin Bet | Bet £10 and get £20 in free bets | Yes | Full cash out only. |
Betfred | Bet £10 and get £50 in free bets | Yes | Full cash out only. |
Coral | Bet £5 and get a one-off £20 free bet | Yes | Full and partial. |
Sky Bet | Bet 5p or more and get £30 in free bets | Yes | Full cash out only. |
Tote | Bet £10 and get £30 in free bets | Yes | Full cash out only. |
Ladbrokes | Bet £5, get £20 in free bets | Yes | Full and partial. |
Rhino Bet | Bet £25, get £10 in free bets | Yes | Full cash out only. |
Kwiff | Bet £10 and get a £30 Surprise free bet | Yes | Full cash out only. |
bet365 – Best for variety of cash out options
You could argue that Bet365 are top of the tree when it comes to Cash Out betting sites, given that they offer it on almost 10 different sports, with Partial and Auto Cash Out options available, in addition to the full Cash Out version.
Pros & Cons of Using bet365
Positives
- Range of sports cash out is available for at Bet365 includes horse racing, which not many sports betting sites offer
- Cash out is available on singles, straight accas and other multiple bet options, such as colossus pool bets
- Excellent live streaming.
Negatives
- Rarely go ‘top price’ in the online gaming industry on the biggest markets;
- Customer service could be better.
#AD 18+ New Customers Only Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Boylesports – Best for GAA sports cash out
As an Irish bookie, Boylesports’ coverage of GAA Sports (hurling/Gaelic football) is superior to most of its competitors and in the process, is one of very few sportsbooks offering cash out on GAA sports.
Pros & Cons of Using Boylesports
Positives
- Cash out available on unusual sports;
- An extended number of places paid out on big horse races and golf tournaments;
- Lots of good ‘get paid out early’ promos that are completely separate to cash out betting.
Negatives
- Cash out not available on each-way bets;
- Cashed out bets don’t contribute to wagering requirements.
#AD 18+ New UK customers (Excluding NI) only. Mobile Exclusive. £30 in FREE Bets (FB) as £20 in sports bets & a £10 casino bonus (CB). Min Deposit £10. Min stake £10. Min odds Evs. FB applied on 1st settlement of any qualifying bet. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept £10 CB, then active for 3 days. CB 5x wagering & max redeemable £100. Game restrictions apply. Cashed out/Free Bets won’t apply. 30 days to qualify. T&Cs Apply. 18+. IRE/NI & UK online customers. Max Free Bet £/€20. Win or win part of e/w outright singles. 5+ runners. 1st bet on each race. Free/void/antepost bets don't qualify. In event of a dead heat, offer won’t apply. Applies to First Past the Post result. Unnamed 2nd Favs don’t qualify. Acc & Payment restrictions apply. T&Cs apply.
William Hill – Best for ease of cash out
How fast the cash out can be processed and how generous the cash out offer actually is only makes up half the story. It’s also important that the cash out feature is straightforward and easy to use. They’ve gone the extra mile in making it particularly simple, user-friendly and convenient.
Pros & Cons of Using William Hill
Positives
- Cash out can be used with free bets;
- Grey and green buttons clearly show which bets can and can’t be cashed out;
- Available on unusual sports like volleyball and esports.
Negatives
- Cash out is not always possible on acca bets;
- Cash out offers may be capped when placing very large bets.
#AD 18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. UK and Ireland residents only. Further terms apply. GambleAware.org
LiveScoreBet – Most generous cash out offers
One area we haven’t talked about yet in terms of cash out bookmakers is how much you actually get offered. For the most part, when comparing like-for-like cash out situations at LiveScore Bet with some of the other best cash out betting sites, we found that the cash out offers made by LiveScore Bet tended to be more generous.
Pros & Cons of Using LiveScoreBet
Positives
- Available to use with free bets as long as the value of the cash out offer is greater than the value of the free bet;
- Great on-site content that helps you make your next betting decision.
Negatives
- No partial or auto cash outs;
- Cash out not available on each way, Ante-post or Starting Price bets.
#AD New members only. £10+ bet on sportsbook (ex. virtuals) at 1.5 min odds, settled within 14 days. Free Bets: accept in 7 days, valid 7 days on sportsbook only. 2x£5 Free Bets for Bet Builder only. Stake not returned. T&Cs + deposit exclusions apply. Bet Responsibly. GambleAware®. 18+
Parimatch – Best for basketball cash outs
If you’re a basketball betting fan, you’ll be glad to know that Parimatch is one of the best cash out bookmakers for basketball in that the feature is rarely suspended, is back up and running quickly even when it is, while the innovative cash out feature is easy to use.
Pros & Cons of Using Parimatch
Positives
- Their payment system allows for deposits and withdrawals with all of the most widely-accepted payment options, while its real-time transaction processing also supports multiple currencies;
- It’s a particularly secure website, regulated by the UK Gambling Commission and possessing all the necessary certificates for audits, software checks and 100% safe transactions.
Negatives
- No partial or auto cash out;
- The KYC verification process is more complex than at other sportsbooks.
#AD 18+ New customers only. Opt in and bet £10 on Horse Racing (odds 3.00+) within 7 days of registration. Get 7x5 Free Bets for Horse Racing (odds 3.00+), which expire 48 after accreditation. Click for T&Cs. GambleAware.org | Please gamble responsibly
Unibet – Best for football outright cash outs
Not only is Unibet one of the best football cash out sites in general but it allows you to cash out bets on outright markets as well, such as who might win the Premier League or Euro 2024.
Pros & Cons of Using Unibet
Positives
- One of the better and easier-to-use betting apps with cash out;
- Deposit and withdrawal transactions are particularly quick.
Negatives
- Cash out only available for football and tennis bets;
- Perennial winners can sometimes be limited in terms of the size of their bets.
#AD 18+ GambleAware.org. New GB customers only. Min £20 debit card deposit. Place a £20+ bet on Horse Racing at min odds 2/5 (1.4) each leg. Receive 2 x £10 free bets within 24 hours of bet settlement, and further 2 x £10 free bets 7 days later. Valid for Horse Racing only. T&C’s apply.
BetVictor – Best for horse racing cash outs
Not all betting sites with cash out include the option to do so on horse racing but BetVictor certainly do. One late mistake could cost the leader (your selection!) the race so now might be the time to press the cash out button and make sure that whether it wins or not, you’ll bank a profit either way.
Pros & Cons of Using BetVictor
Positives
- The availability of partial cash out is perfect for horse racing betting;
- Best Odds Guaranteed offer is available for both horse racing and greyhound racing.
Negatives
- Slightly longer time delay to process cash outs than at other betting sites;
- Available offers could do with some freshening up.
VirginBet – Best for cashing out free bets
Not all of the best online betting sites with cash out allow you to use the feature when taking advantage of free bets. But VirginBet sees no problem with it, meaning that even if you’re betting with their money, you can choose to cash out your free bet.
Pros & Cons of using VirginBet
Positives
- Excellent FAQs section to help you solve your queries;
- Regular Super Boosts on your bets with cash out available on them.
Negatives
- Limited payment options to make a deposit or withdrawal;
- Website looks a little dated.
#AD 18+. New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of each-way bets only. 2 non-withdrawable £10 Free Bet Tokens: Valid for 7 days from acceptance (ex. each-way & multiple bets), stakes not returned. **Max Free Bet £10. Free Bet: non-withdrawable, use in 7 days on sportsbook only. Stake not returned. Full T&C's apply. Bet Responsibly. GambleAware.org.
Betfred – Best for cashing out on football accas
One of the best and most efficient uses of the cash out function is when it comes to football accas. If your first few selections have already won, now may be the time to fully or partially cash out your bet. At Betfred, it’s particularly simple.
Pros & Cons of Using Betfred
Positives
- Cash out available for football, horse racing and golf;
- Cash out also works extremely well on its mobile product, which includes both a stand-alone app and the web browser version.
Negatives
- Other sites offer betting on more different sports;
- Customer service can be a little slow with email queries.
#AD New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply
Coral – Best for partial cash outs
Coral has an excellent partial cash out feature, meaning you don’t have to take the all-or-nothing approach. Instead, you can choose to bank your stake plus a bit of profit and let the rest of your bet ride, for between 9 and 90% of your potential winnings.
Pros & Cons of Using Coral
Positives
- Cash out is available for unusual sports like volleyball and basketball;
- Cash out can be used on over 30 different football markets.
Negatives
- Strangely limited choice of depositing options;
- Need to bet at least £1 in order to stream Irish racing.
#AD 18+ New UK+IRE Customers. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 1x £20 free bet. Free bet available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Sky Bet – Best for Bet Builder cash outs
Sky Bet leads the way when it comes to cashing out Bet Builders. That means that if your Bet Builder is going well, with some of the selections having already won and others in the process of winning, you can bank a Bet Builder profit before the match is over, just like you would on a single.
Pros & Cons of Using Sky Bet
Positives
- Cash out as much as £500,000 on any given bet;
- Cash out is available on 18 different sports.
Negatives
- Have been known to limit winning players;
- A limited number of promos offering real value.
#AD 18+. New customers only. First single & e/w bet only. Odds of 1/1 or greater. 4 x £10 bet tokens. Free bet stakes not included in returns. Free bets are non-withdrawable. Free bets expire after 30 days. Eligibility restrictions and further t&cs apply. 18+. Gambleaware.org
Tote – Best cash out app
You’ll be able to use the cash out feature on most apps made available by a Sportsbook but some betting apps with cash out are better than others. We found the Tote app to be particularly quick, easy-to-use and intuitive, all of which are important because when cashing out, very often time is of the essence.
Pros & Cons of Using Tote
Positives
- Available for both singles and accas;
- On-site guides are easy to digest and helpful, particularly for customers new to pools betting.
Negatives
- Very limited number of promos;
- Only accept Visa and Mastercard meaning not even bank account transfers are possible.
#AD 18+ New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. Full T&Cs apply. Gambleaware.org.
Ladbrokes – Best for cashing out on cricket
The increased popularity of T20 cricket has meant that cricket betting has never been as popular as it is now. Ladbrokes have done a good job of making sure that they keep cricket cash out suspensions to a minimum, so that not every single or dot ball unnecessarily leads to cash out being suspended.
Pros & Cons of Using Ladbrokes
Positives
- Excellent partial cash out option gives you greater choice;
- Offer betting on sports that other bookies neglect.
Negatives
- Cash out can’t be used on free bets;
- Cash out is limited to £50,000 per bet.
Rhino Bet – Best for keeping cash out suspensions to a minimum
One of the downfalls of cash out in general is that cash out betting sites often need a few seconds to re-think their cash out offer after an important event like a goal in football, a wicket in cricket or a birdie in golf. Rhino Bet go out of their way to limit cash out suspensions to only when it’s really necessary across all sports, so you have greater freedom over your cash outs.
Pros & Cons of Using Rhino Bet
Positives
- Lots of Price Boosts across numerous sports;
- Great selection of virtual sports.
Negatives
- Bet £20, Get £10 welcome offer isn’t particularly generous;
- Smaller selection of sports than at other betting sites with cash out.
Kwiff – Best for 'Supercharged Cash Outs'
It’s probably incorrect to say they’re best for Supercharged Cash Outs because they’re the only ones who actually do it! Kwiff’s big unique selling point is that they can ‘Kwiff’ a bet at any given time which means that they’ll increase the odds (Supercharge) on any bet whenever they feel like it. Their cash outs work the same way, so you could find yourself cashing out for what you think is £20, but actually ends up being £50.
Pros & Cons of Using Kwiff
Positives
- Kwiffed bets and Kwiffed cash outs are unique in the industry;
- The possibility of Kwiffed bets brings great excitement and chances of significantly bigger payouts on random wins;
- Generous welcome offer.
Negatives
- As a result of Kwiffed bets, regular odds aren’t always as big as at other betting sites;
- Limited payment methods.
#AD New customers & 18+ only. Qualifying bet of £10 at min. odds 2.0 within 5 days of registration, E/W excluded. Get 3 x Free Bets: 1 x £10 Football, 1 x £10 Racing, 1 x £10 Acca (Min 4 selections). 7-day expiry. New selected customers & 18+ only. Min. deposit of £10. Full T&Cs apply. gambleaware.org.
How Bookmakers Calculate Cash Out Odds
When calculating cash out odds and determining your potential payout from your original bet, betting sites with cash out consider a couple of key factors. First, they look at how many winning selections you have on your bet slip. The more winning picks you have, the higher the cash out odds will be, as your chances of winning the entire bet are improving.
Secondly, cash out betting sites factor in the number of runners you have left in the bet. If you still have multiple active participants, cash out odds might be lower compared to having just one runner remaining. Lastly, the prices of your remaining selections play an important role in determining the cash out amount. Higher odds for your remaining picks can lead to a higher cash out offer, reflecting the potential value of your bet. So, you’ll need to keep an eye on your bet slip and the evolving odds to decide the best time to cash out.
How We Rank Cash Out Betting Sites
No two betting sites with cash out are the same. Some offer the service in a limited capacity, others let bettors indulge in a variety of cash-out-related features, like partial and auto cash out. The most important element for ranking cash out betting sites is how well the feature is implemented – but it’s not the only consideration.
Cash out markets should be available for niche sports markets as well as popular choices – customers of all interests deserve to be catered for. Not only do these sites have a responsibility to deliver competitive cash out odds, but they should make accessing the early settlement feature easy for both veteran and rookie punters. We’ve found that the best cash out betting sites deliver clear terms and conditions, allowing bettors of all levels to understand exactly what they’re getting into.
We consider a broad range of criteria when determining the ranking order for cash out betting sites. It’s through this in-depth research that we can supply a detailed overview of the site in question.
- Licensing – We will only recommend cash out betting sites that are licensed by the UKGC – the UK Gambling Commission. This confirms that the site is held to strict, regulatory standards of security and player protection, and is compliant with responsible gambling legislation.
- Bonus Offers – Bonus offers are probably the main attraction when it comes to choosing new cash out betting sites, so we always check to see what sorts of bonuses are available for both new and existing players.
- Sports and Markets – The best betting sites should be able to offer cash out on a range of different sports and markets.
- Features – Alongside cash out, we always check to see if live streaming is available, which is vital for when you’re deciding whether or not to cash out. Other features such as Best Odds Guaranteed, acca insurance, odds boosts and bet builders are also preferable.
- Payment Options – Whether you like to pay by debit card, e-wallet, prepaid card or mobile pay, these cash out betting sites should have you covered. If any payment methods are missing, we’ll let you know about it.
- Site Design – Site design and ease of navigation is often overlooked in betting site reviews, but we consider them to be crucial to the overall gambling experience. At these sites, you should be able to find, place and cash out your bets with ease.
- Mobile – Today, the majority of sports betting is done on mobile devices, so we conduct a thorough review of the mobile experience, both on mobile-optimised sites and on dedicated mobile apps.
- Customer Support – Customer support is extremely important at cash out betting. Our preferred mode of support is live chat, but you should also be able to contact the betting site’s support team via email, telephone, or social media accounts.
How to Use Cash Out at a Betting Site
A reminder that at all the cash out bookmakers in the UK, the process itself and other elements will be ever so slightly different from bookie to the next. But these steps will be very similar across all sites.
- Place a bet – Not all sports have the cash out option and within sports that do, not all markets will be applicable for live betting, or will give you the option to cash out the bet. So check the site’s T&Cs along with your selected market’s rules beforehand to see if you’ll be able to cash out that particular bet.
- Check the progress of your bet – You’ll be able to see all your active bets in one place by clicking on the ‘My Bets’ section of your account.
- Make sure you can cash out – All bets that are eligible for cash out will have a ‘cash out’ icon of some variety next to it and will display the current cash out value.
- Process the full cash out – If you wish to fully cash out, whether it’s for a profit or a loss, you just have to press the ‘Cash Out’ button. There will be a slight delay before it’s processed. If the odds change during that time, the cash out offer will change – it will either become bigger or smaller – and it’s up to you to decide whether to accept it. If you do, the money will instantly be credited to your account and the end result of the bet won’t matter.
- Execute a partial cash out – Alternatively, you can partially cash out (if that particular site offers the feature) by clicking the slider button and choosing the amount you wish to cash out and the amount you want to let ride.
- Set up an auto cash out – If the sportsbook offers this one, you can select the auto cash out option. Simply enter the threshold (your target amount to cash out) in the ‘If the amount/value reaches…’ section and select ‘Create rule/process’. If the bet ever reaches the target amount, the bet will automatically cash out.
Cash Out Terms and Conditions
Again, these will vary from site to site but here are the T&Cs you see most often at betting sites with cash out.
- Which sports – and competitions within those sports – offer the cash out feature varies from site to site.
- The betting site isn’t responsible for customers not being able to cash out for technical reasons, or other reasons beyond their control.
- All cash out bookmakers will have a slight delay of 5-10 seconds before processing a cash out to take into account the odds of that bet changing during the cash out process. You won’t be able to cash out during that waiting period.
- There may be a minimum amount you can cash out for and a maximum number of cash outs you can process for a particular bet.
- Cash out offers include the value of your stake.
- When using free bets or other offers, the site will specify in advance whether the free bet can be cashed out, and if so for what percentage of your stake, or whether you can’t use cash out for it at all.
Pros and Cons of Cash Out Betting
Cashing out isn’t always the best opinion, and there are plenty of advantages and disadvantages to making use of the cash out function. To help you weigh up whether or not you should be cashing out your bets, here’s a quick breakdown of the significant pros and cons:
Positives
- Can make winnings on a lost bet – The best thing about cash out is that it gives the opportunity to make money from a lost bet, providing of course that your bet ends up being unsuccessful.
- Opportunity to win money before the event ends – Betting can be stressful, and cashing out lets you make some winnings without having to wait for your bet to come through.
- Earn cash instantly – The cash out button puts withdrawable cash straight back into your account.
- You’re in control – Usually, once you’ve made a bet everything else is out of your hands, but the cash out option lets you take control of your bets.
- Can make back some of your stake – If your bet is looking really unlikely, it’s unlikely you’ll make any winnings from cashing out, but you should be able to make back some of your lost stake.
Negatives
- Risk losing out on a bigger return – Cashing out can be infuriating. There’s always a chance your bet will end up coming good post-cash out, which means you will have missed out on a bigger return.
- Cash out value is often poor – The cash out feature requires the betting site to be constantly updating odds during the event, and this can often lead to poor, disproportionate odds.
- Cash out is frequently suspended – There will be plenty of periods throughout an event when the cash out option is suspended, especially if something is happening which may affect the outcome.
Cash Out Explained
Cash out gives bettors the option of settling their bets before the event in question has finished. Naturally, you can only cash out whilst the action is taking place, and the amount you will receive from cashing out depends entirely on how likely the outcome is perceived to be at the time of cashing out. For example, if you’ve bet on Arsenal to beat City, and they’re 2-1 up with 10 minutes to go but you don’t think they’re going to hold on, you can cash out early on your bet and earn back a decent chunk of the winnings that would’ve been otherwise lost.
To help clarify things, here’s some information on the different types of cash out bets.
Single Bet Cash Out
This is the most obvious and common type of cashed out bet. You place a bet as a single and can cash out the bet as long as the feature is available for it at your chosen betting sites. In most cases, punters cash out their bets while the event is in progress and hopefully the cash out is for a profit, but you can also cash out bets before the event actually begins, if it’s favourable to do so.
Example:
You back Chelsea for £10 at 2.0 to beat Everton and they go 1-0 up. After 60 minutes it’s still 1-0 and the cash out offer is £15 (your £10 stake plus £5 profit).
Multiple Cash Out
Multiple cash out is when you cash out on doubles, trebles or accumulators. These can be same-event accas, or be placed over multiple events, as there’s no requirement that they are all taking place simultaneously. Multiple bet cash outs can be a little harder to keep track of, but they can produce some lucrative cash outs if timed correctly.
Example:
You have Arsenal, Liverpool, Barcelona and Inter Milan in an acca, all to win, for £10 at odds of 9/1. With the first three having already won, you can Cash Out for £70 before Inter’s match begins, for a guaranteed profit.
Partial Cash Out
A partial cash out will return some of your winnings, but will leave a part of your stake behind. This essentially allows you to lock in some profits in case you lose your bet while keeping a stake in the game should the bet come good in the end. Cash out betting sites like bet365 will let you adjust how much of the stake you want to cash out, which is a brilliant feature.
Example:
Let’s consider the Arsenal, Liverpool, Barcelona/Inter Milan acca above. Instead of taking a full Cash Out for £70 (see above) you could have taken a partial Cash Out for £55 and let the rest ride, potentially winning say £100, if Inter went on to win their match.
Auto Cash Out
Let’s go back to the Chelsea v Everton example. It may be impractical for you to be monitoring the betting market while the game is underway. Or it may be that you prefer to set yourself a target amount of profit rather than following the game, waiting for the right moment and possibly missing out on a good cash out opportunity. Auto cash out solves both those problems.
Example:
You’ve placed a £10 bet on Chelsea at 2.0 to beat Everton. You’re confident that they’ll score the first goal but maybe not so confident that they’ll hold onto the lead. So before the game starts, you use auto cash out so that if they ever reach a point where you can bank £16 (including the stake), the cash out will automatically be processed.
Bet Builder Cash Out
Bet Builders are of course a type of accumulator, the difference here being that all the selections relate to the same match, normally a football one. The best football cash out sites will allow you to cash out on a Bet Builder, just like with any other type of bet.
Example:
It’s Arsenal v West Ham and your Bet Builder is: over 2.5 goals + over 9.5 corners + over 4.5 cards. By the 70th minute it’s 2-1, there have already been 10 corners and four cards. Rather than wait for that fifth card, you can cash out your Bet Builder for a chunky guaranteed win.
Bonuses Available at Cash Out Betting Sites
Cash out betting sites offer a range of different bonuses. Though the biggest and best bonuses are often reserved for new customers, the best operators will also frequently reward their existing customers with healthy rewards and promotions.
Matched Deposit
A matched deposit bonus will, up to a certain amount, match the sum of your first deposit – or series of deposits – and return that money to you in the form of bonus funds. For example, if a betting site was offering you a matched deposit worth 100% up to £200, with a minimum deposit of £10, you could deposit any amount between £10 and £200 and your money will effectively be doubled. However, this type of offer almost always comes with wagering requirements, so you will usually have to wager the sum of your bonus several times before converting them into withdrawable cash.
Free Bets
As matched deposits are more commonly associated with online casino bonuses, a free bet offer is the welcome bonus you’re most likely to come across at cash out betting sites. A free bet offer will reward you with a certain amount of free bet tokens when you make your first bet. bet365’s current welcome bonus, for example, is a free bet offer of ‘Bet £10 & Get £30 in Free Bets’. These free bets tend to come without any wagering requirements, which means any potential winnings will be yours to keep, but your qualifying bet could be subject to minimum odds requirements and market restrictions. Also, cashed out or partially cashed out bets often won’t qualify you for this bonus, and you are often unable to cash out on a free bet.
Money Back Bets
Often referred to as risk-free bets, money back bets will refund your first bet if it is unsuccessful, and let you keep the winnings if you get it right. Naturally, there will be a limit to the amount that you can wager on your money back bet – Unibet’s current money back offer lets you bet up to £40 – but these bonuses are a great opportunity to take a punt on some long odds, as you can be sure to get your money back. Be aware, however, that your money is often refunded as free bets, meaning you won’t be able to withdraw them.
Promo Codes
Some cash out betting sites will require you to enter a promo code in order to qualify for your betting bonuses. These will usually be easy to find, and the betting site will remind you of the required promo code when signing up and trying to claim your bonus, but it’s important to keep your eyes open. We will also let you know about any necessary promo codes when telling you about the best betting offers.
Bet Clubs
Bet clubs are loyalty schemes that reward existing customers with bonuses such as free bets, money back bets and exclusive odds boosts. You usually have to opt in for these clubs, but they generally don't require much beyond that. Typically, though, the more you bet each week, the better your bet club rewards will be.
Cash Out On Major Horse Races
Cash out betting sites are perfect for punters looking to maximise the horse racing betting experience. Several high-profile online bookmakers offer the feature, allowing savvy bettors to react to the ebb and flow of ante-post odds and live events. Although specialist online betting sites can offer cash out across the board, it’s most commonly found at the premier horse racing events. These include:
Cheltenham Festival
Taking place annually in March, Cheltenham Festival is a fantastic opportunity to cash out on ante-post and in-play betting. Several punters have taken advantage of this betting feature to great effect over the years.
Cheltenham Gold Cup
The Cheltenham Gold Cup is the crown jewel of the famous racing meet, treating spectators to an iconic steeplechase set across three miles, two-and-a-half furlongs, and twenty-two fences. A major event at all online bookies, punters can access ante-post and in-play cash out features before and during the race.
Grand National
The Grand National is arguably the most suited UK horse racing event for betting sites with cash out. Held at Aintree Racecourse since 1839, it’s one of the world’s most popular and historically significant races. As a result, countless online betting sites offer comprehensive cash out functionality across the iconic jump race.
Royal Ascot
With 34 separate races happening across the weekend, Royal Ascot is perfect for punters at cash out betting sites. Got an acca on the go that you’re getting nervous about? Weigh up the cash out amount compared to the potential returns if everything goes to plan and make an informed decision.
The Derby
The Derby, also known as the Epsom Derby, takes place annually on the first Saturday of June at the Epsom Downs Racecourse. Running since 1780, it’s one of the oldest and most prestigious British horse racing events. Betting apps and platforms have numerous cash out opportunities before and during the event. Just be quick, as the race doesn’t tend to last much longer than two-and-a-half minutes.
Payment Methods that Support Cash Out
The vast majority of sportsbooks these days are cash out betting sites and what sort of cash out options are available at the sportsbook won’t affect how you get your money in and out of the site. In other words, picking the best payment methods for betting sites with cash out is no different to picking the best methods for betting sites in general.
E-wallets like Skrill and PayPal have become an increasingly good option with deposits being instant, allowing for fast withdrawals compared to other methods like bank transfers and generally, with no fees on transfers. Debit cards are another easy and practical option though withdrawals to your chosen financial service may take a bit longer, while cryptocurrencies are a bit more complex to use, though are popular for being more anonymous than other options.
What Sports Can Cash Out Be Used On?
Cash out was first created with football in mind before being extended to other sports. Which sports are available for cash out can vary a lot from one bookie to the next but here are the ones you’ll most often see available for cash out:
- Football
- Horse Racing
- Tennis
- Cricket
- Rugby
- Basketball
- American Football
- Darts
- Golf
Cash Out on Ante-Post Horse Racing Betting
Leading cash out betting sites can offer punters intriguing ante-post possibilities on major events like Royal Ascot or the Cheltenham Festival. These high-profile meets have odds available several months in advance, with horse form and fitness influencing consistent fluctuations.
You can utilise these variations by cashing out on your selections as the price changes with the odds. For example, a £10 bet on a 5/1 horse several months before the Gold Cup would fetch a £50 profit. But let’s imagine this horse keeps winning against all expectations in the run-up, leading your bookmaker to update the odds to 5/2. You can now consider cashing out on your ante-post bet, as the bookies may offer £25 cash out even though the race is several weeks away.
Bear in mind cash out on ante-post horse racing betting is only available on the most prestigious events where odds are given a long way from the actual race. Generally speaking, it’s also only available at the most established platforms.
Responsible Gambling
Part of being a successful bettor is knowing how to set limits and stay in control. While cashing out may seem like an easy way to save money on losing bets, you should think twice if you find yourself using it too often. You could be losing more money than you realise.
Try not to use cash out as a crutch for poor research. Although high odds and impressive potential returns promise so much, you’ll earn very little in the long run without due diligence. By taking regular breaks — even just to read about upcoming races and events — and setting strict betting limits, you’re multiple steps closer to a healthy gambling experience.
For more information on safer gambling, check out our responsible gambling page by clicking here.
- GamCare — With six different contact methods for those with gambling problems, GamCare is here to listen.
- BeGambleAware.org — If you or someone you know is struggling with gambling, BeGambleAware will provide free, tailored assistance.
- Gamblers Anonymous — Meet and connect with others suffering from problem gambling to help one another.
Cash Out Frequently Asked Questions
Can I cash out free bets?
Cashing out is when you settle your bet before the event in question has finished. This allows you to secure some winnings even if your bet doesn’t end up coming through.
When am I able to cash out my bet?
You can cash out your bet throughout the event it’s concerning, although the cash out option will be suspended at different points during the event.
Can I use cash out on horse racing betting?
Yes. If you’re able to bet in running, then it’s likely that the cash out option will be available during the event. You can also cash out before the race has started, but your odds are unlikely to have changed much. This is a good option for those who have lost faith in their bet, though.
How is my cash out value calculated?
Yes, you can cash out on multiples, providing all selections of the bet are eligible for cash out.
Is there a maximum amount of money I can cash out?
The maximum cash out amount varies depending on the betting site and the specific bet. There may be certain limits or restrictions in place, so it's worth giving the site’s T&Cs the onceover.
Can I cash out before any of my selections run?
Yes, many cash out options allow you to cash out before any of your selections have run. This gives you the flexibility to secure a profit or cut potential losses based on the current odds.
What markets is cash out available on?
Which sports and markets within those sports are available for cash out varies greatly from one cash out betting site to the next. As an example, whereas the football match winner market is likely to always be available for cash out, markets related to cards or corners may not be.
Why is my cash out suspended?
Reasons include: the cash out is for too small an amount; it’s lower than the value of your stake if a free bet is being used; the market is currently suspended (e.g. because a penalty is about to be taken); it’s a market that doesn’t have cash out available on it (e.g. a handicap); or a technical problem means cash out isn’t available when normally it would be.
Do UK cash out betting sites require a minimum bet amount for cash out options?
Generally, no. The stake itself tends to be irrelevant as to whether a bet can be cashed out. However, if the amount you can cash out itself falls below a certain level, the cash out option may be unavailable to you.
How quickly do UK betting sites process cash out requests?
The waiting time before the cash out is processed is generally between 5 and 10 seconds to allow for the site to make sure there isn’t a game-changing event going on while the cash out is in progress. Once processed, the money should arrive in your account straight away.