There are numerous bookmakers around the world which have a license and offer an excellent option for closing a bet. It is a matter of taste and personal preference to decide which bookmaker you will play with and where you would like to use this option.
Which betting sites offer Cash Out?
- Attractive sports & casino bonuses
- Many betting boosts
- Excellent odds
- Great website design
- Chat feature
- Variety of sports
- A safe Crypto bookmaker
- Sports markets with high odds
- Convenient payments
- Modern website design
- Big welcome bonus
- Great selection of sports
- Great bonus portfolio
- Excellent odds
- Various betting features & boosts
- Trusted and reputable brand
- Excellent sports betting features
- Various markets
- Most trusted brand
- Excellent betting environment
- Cool & useful features
- Excellent sports markets
- Good betting features
- Great casino section
- Cool sports markets
- Attractive odds
- Useful betting features
- Impressive website design
- Excellent odds
- Available Android & iOS mobile app
- Excellent sportsbook
- Great odds
- Wide range of betting features & boosts
- Good live betting section
- Various sports available
- Superb casino
- Good Welcome Bonus
- Attractive Offers for Registered Players
- Useful SWAP Feature
- Good odds
- Plenty of sports
- Helpful support team
- Reputable brand
- Attractive design
- Good sportsbook
- Many betting features
- High odds
- Variety of sports
- Reputable and experienced brand
- Excellent range of sports & markets
- TOP horse racing section
- Excellent odds
- Good variety of casino games
- Many useful features
- Intriguing design
- Good variety of sports
- Many free games
- Bitcoin payments accepted
- Excellent odds
- Variety of eSports betting options
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Why should you stop your bets with Cash-out?
There are two main reasons for using Cash-Out:
1. The match you have staked on is not going in the direction you anticipated – in this case stopping your bet will limit your losses. When you see that the game is not going on as planned, you have the chance to stop your bets and get your stake back plus some small amount of profit. All things considering, this is much better than losing everything. Cash out will allow you to control your bets more effectively.
2. When placing a multi-bet – You know the situation in which you have guessed all the matches in your accumulator, and you are only a game away from the big profit. It is often the case, that the last match will become your deal-breaker. If that happens, you lose your stake, and you miss the chance to take home a solid amount of money. Luckily, Cash-out is here to help. We strongly advise you to use it in the right moment.
When you stop your bet, you will take an amount which is slightly lower than the initial possible one. However, you will have locked a slight profit. You also save yourself the trouble of waiting for the final game that might turn out to be a total fail. The final choice is up to you, punters. Still, we strongly advise you to make use of the cash out feature whenever appropriate.
In what sports bets can you use the stop loss option?
Usually, in different betting sites, there is a Cash-out option for most of the matches that are broadcasted live. Sports such as football, basketball, tennis, volleyball almost always come with the option to close your bet. Still, you should know that the Cash-out option is available mostly for top leagues. Therefore, it is not unusual to see second/third division championship matches without the ‘Cash-out’ button.
Are there any drawbacks in cashing out before the end of the game?
The good news is that the advantages outweigh the disadvantages. Still, there are negative sides to closing the bets, which we have to mention. In most cases, these are the amounts offered by bookmakers (which are less than the value you might be able to win), especially when your bets are close to losing.
Another negative is the time interval when the odds are updating (the delay of the cash-out button). This refers to matches that are broadcasted live; their odds vary in huge ranges. This is due to the dynamics and development of the game. The proposed amounts for Cash-out will vary accordingly. Many of the operators will disactivate the cash-out button a second or two after you’ve decided it is the right moment to approach it. This can often frustrate the players and make them place incorrect or unwise bets.
Are there any bonuses when using Cash-Out for the first time?
Some bookmakers offer a bonus or a return of the funds if you use the cashout option for the first time. These are Betfair, sometimes Bet365 and, of course, Sportingbet, which places different bonuses when someone uses Cash-out for the first time.
It is good to read the terms of use of the Cash-out option when it comes to taking a bonus or returning a stake. Usually, the bookmakers do not offer a full stake-back. At other times, the bonus is set according to the number of bet selections.
Can I close bets with Cash-Out through my smartphone or tablet?
When the Cash-out option was introduced for the very first time, most of the leading bookmaker sites could not integrate it on their apps and mobile versions immediately. The betting sites soon took a step further by integrating the Cash-out function both on their mobile versions and apps.
Still, you will find some online platforms which do not offer the cash-out option for mobile devices. This, however, does not mean that these bookmakers are not reliable. When it comes to online betting, it is all about personal preference.
If you have any questions or difficulty using Cash-out, do not hesitate to contact the Efirbet.com team: support@efirbet.com.
