An early cash out bet is a feature offered by some bookmakers where bettors can settle a bet before the event is concluded. This means that bettors can end their bet early and accept a lower payout than they would have received if the event ended. With this feature, bettors can cut their losses if they believe their bet will result in a loss. They can also take a smaller, yet guaranteed profit before the match ends.
Early cash out betting is also known as cash out betting, buy out betting, or partial cash out betting. It is usually available for live, in-play bets (moneyline, spread, over/under and props) that have changing odds and outcomes depending on the game flow and time left in the game. However, some bookmakers may also offer early cash out options for pre-game bets or futures bets.
Early cash out betting works by giving bettors the option to opt out of their bet at any time during the event. The option to cash out early will appear on the bettor’s account or app, along with the current cash out value. The cash out value is the amount of money that the bookmaker is willing to pay to close the bet early. The cash out value depends on various factors, such as:
The original stake and odds of the bet
The current odds and outcomes of the event
The time left in the event
The probability of the bet winning or losing
The cash out value can fluctuate throughout the event depending on how the action unfolds. Generally speaking, the cash out value will be higher if:
The bettor’s selection is winning or likely to win
The bettor’s selection has a favorable point spread or total
The bettor’s selection is losing or unlikely to win
The bettor’s selection has an unfavorable point spread or total
The event is far from ending
The cash out value will never be higher than the potential payout of the original bet, nor lower than zero. If the bettor decides to cash out early, they will receive the cash out value and their bet will be settled. If the bettor decides not to cash out early, they will let their bet ride until the end of the event and receive the original payout if their bet wins.
What are the Advantages and Disadvantages of Early Cash Out Betting?
Early cash out betting has some advantages and disadvantages compared to other types of betting. Here are some of them:
Advantages:
It gives bettors more control and flexibility over their bets, as they can decide when to end their bets based on their risk appetite and confidence level.
It reduces the variance and uncertainty of betting, as it eliminates the possibility of losing the entire stake or missing out on a big payout due to unforeseen events or bad beats.
It increases the entertainment and excitement of betting, as it adds another layer of decision-making and strategy to the betting process.
Disadvantages:
It reduces the potential payout and return of betting, as it involves paying a premium or fee to the bookmaker for closing the bet early.
It increases the psychological pressure and temptation of betting, as it may cause bettors to second-guess themselves or act impulsively based on emotions or biases.
It decreases the value and edge of betting, as it may prevent bettors from taking advantage of favorable situations or opportunities in the market.
How to Use Early Cash Out Betting Effectively?
Using early cash out betting effectively requires some research and analysis skills, as well as some tools and resources. Here are some tips on how to use early cash out betting effectively:
Find reliable sources of information: To use early cash out betting effectively, you need to have access to reliable sources of information that can provide you with accurate and up-to-date data on odds, outcomes, and events. You can use online platforms like OddsJam or Vault that offer real-time odds comparison and tracking tools for various sports and events.
Track your bets and cash outs: To use early cash out betting effectively, you need to track your bets and cash outs over time. You can use online platforms like or BetBurger that offer sports betting education and calculators for various betting metrics and strategies, including cash out value and expected value. You can also use spreadsheets or apps to record your bets and cash outs manually.
Analyze your bets and cash outs: To use early cash out betting effectively, you need to analyze your bets and cash outs over time. You can use online platforms like Odds Shark or BetMGM that offer live updates and insights on odds, outcomes, and events. You can also use charts or graphs to visualize your bets and cash outs over time.
Apply your bets and cash outs to your betting decisions: To use early cash out betting effectively, you need to apply your bets and cash outs to your betting decisions. You can use early cash out betting as a tool to manage your risk and reward, as well as to find value and opportunities in the market. You can also use early cash out betting as a feedback mechanism for your bets, as well as a learning tool for improving your betting skills and strategies.
To Sum Up
Early cash out betting is a feature offered by some bookmakers where bettors can settle a bet before the event is concluded. Early cash out betting works by giving bettors the option to opt out of their bet at any time during the event, along with the current cash out value. Early cash out betting has some advantages and disadvantages compared to other types of betting, and it requires some research and analysis skills, as well as some tools and resources, to use it effectively.