Finding a sportsbook that provides user-friendly cash out can elevate your online betting experience. Many new gamblers misunderstand the term ‘cash out’, believing that it means to withdraw funds from your bankroll. What it really means, though, is closing or selling a bet you’ve made while the market’s still open.
Fortunately, there’s a cash out option called “Bet Slip Sale”. Not all slip sale features have the same properties, so we wanted to have a look to see if it’s worth using it in this operator’s sportsbook. Join us as we analyse cash-out feature in detail.
Why Should You Use Cash Out Option?
Let’s begin with a summary of our findings regarding the cash out feature. We’ve studied the rules on the website and tried the system out, providing us with the chance to guide you. Here are some advantages and disadvantages for you to consider.
- Pre-match, in-play and partial sale
- Available for all sport betting events
- Easy to find on the bet slip sale
- Auto sell function
- Low user ratings
- Lagging sale system at times
- Bad customer support
How to Use Cash Out from the bookie?
There are numerous cash out rules of which you should be aware. It isn’t as simple as selling your bet, as different conditions change the rules rapidly. The odds can shift, especially during a live match’s in-play markets.
Before we get to the rules, let’s discuss how you can use the cash out service. You must have an unsettled bet to access the feature because the function only works on an active wager.
Here are the steps to follow to use the cash out feature:
- Open ‘My Account’ and select ‘Bet History’ Another option is to open the relevant bet slip and click on ‘My Bets’.
- Choose the wager that you want to sell.
- Head to the bottom of the slip and select ‘Bet Slip Sale’.
- Decide if you’re going to sell the entire wager or only a portion of it.
- Make the sale when the price suits you by clicking on ‘Sell’.
The last step is essential. With the markets fluctuating, specifically during a live game, you may lose the value of the bet if the price drops too low. Ensure you close the wager at the right time, so you don’t make a loss.
Examples for Using Bet Slip Function in website
The amounts that you’ll receive will differ depending on the circumstances. You might not be able to make a full sale, especially if the event’s nearly finished. The longer you keep the slip open, the less chance you have at a fair deal.
Let’s use a practical example. For instance, you decide you want to bet on a US Open tennis match. You wager on an in-play market for your favourite player to win the set. The market closes, and you wait for the results.
As the set progresses, you realise that the tennis player isn’t doing as well as you hoped. The odds are shifting against you. Worried, you rush to the slip, open the wager and click on ‘Bet Slip Sale’.
Before you sell, take a look at the price. The closer the bet is to finalising, the less chance you have at selling the entire wager. The bookie uses this system to prevent abuse and members making money off bet sales.
Here’s a list of situations in which you can’t sell your slip:
- The bet has already settled.
- The system has blocked the bet slip results.
- You’ve paid for bet insurance for that specific wager.
- There are results on the slip that you aren’t allowed to sell.
- The bet sale price has changed, and you need to amend the amount.
- The bookmaker has blocked the sale due to suspected abuse.
Cash Out Service for Mobile Users
You may want to request a bet slip sale on your mobile phone. Don’t worry; you can do it. Find your slip in the same manner as described above and request a salet. Mobile browsers support this function.
Of course, you can also download the iOS or Android app. It’s easier to use than your phone’s browser, as the bookie has built it with improved functionality. The same cash out rules apply.
Deposits & Withdrawals Methods
You won’t be able to wager and make a bet slip sale without funds in your account. Fortunately, the bookmaker has many options available to put money into your bankroll and withdraw your winnings.
Remember, you ‘cash out’ to sell or cancel a wager, and you ‘withdraw’ funds from your account to your wallet or bank.
Here are the payment options available, with a few examples.
|Payment Type||Minimum Deposit (€/£/$)||Deposit Time||Minimum Withdrawal(€/£/$)||Withdrawal Time||Payment Examples|
|Bank cards||1||Instant||1.50||Up to 7 days||VISA, Maestro, MasterCard|
|Ewallets||1||Instant||1.50||15 mins||WebMoney, Skrill, Runpay, Fastpay|
|Mobile||1||Instant||1.50||15 mins||Snapscan, Vodafone, Raycash, Smart Money|
|Payment systems||1||Instant||1.50||15 mins||ecoPayz, Payeer|
|Self-service terminals||1||Instant||1.50||15 mins||2Click, EasyPay, QuickPay, GlobalMoney|
|Internet banking||1||Instant||1.50||15 mins||Bank transfer, Multibanco, EcoBanq|
|Prepaid card||1||Instant||1.50||15 mins||Astropay|
|Bank Transfer||1||Instant||1.50||Up to 7 days||Help2Pay, Paytrust88, PromptPay|
|Crypto||1||Instant||1.50||15 mins||Etherium, Bitcoin, Dogecoin, Dash|
|E-vouchers||1||Instant||1.50||15 mins||Cash On Delivery, Flexepin, PS Voucher|
Is there any bonus when I use Cash Out for the first time at this website?
No, there isn’t a bonus for selling your bet slip for the first time. However, keep an eye out on the promotion and bonus pages, as well as the Promo Code Store, for when one becomes available.
How often can I use the Cash Out option in this website?
You can use it as often as you want. Moreover, you can request more than one at a time.
Is there an auto sell feature?
Yes! You can specify at which price you would like to sell. When the market reaches those odds, the system will automatically sell the bet slip for you.
On which sports can I use the service?
You can sell your bet slip for any sports event. There are no restrictions.
Can I use my phone to cancel a bet?
Yes. The feature is available on the mobile app and browser.
Is ‘Cash Out’ the same as withdrawing my money?
No. To cash out means that you’re cancelling your bet before the outcome.
Can I cancel my wager after the bet settles?
No. It must be before the bet settles or it won’t work.
Final Verdict & Rating
The bookie’s cash out service is an excellent way to prevent losing too much on a wager that’s heading the wrong way. You can cancel the whole bet slip or only a portion, but pay attention to how the market price changes during the sale.
Our concern is that many users have given low ratings to this feature, mainly due to poor customer support and delays in responding to complaints. Other than that, the system works well, and we recommend it.