Best cash out betting sites for April 2023 | The Sun

CASH OUT is arguably the most popular feature to be added to betting sites over recent years. Making it possible to settle bets early, cash out is now offered by the vast majority of online bookmakers.

So, if you wish to lock in a profit or cut your losses, the cash out feature is for you. On this page, we will discuss the best cash out betting sites in the UK. We will also explain how the different types of cash out work and how to use them to your advantage. 

Top 10 UK Best Cash Out Betting Sites

  1. bet365
  2. BetUK
  3. BetVictor
  4. Betway
  5. Rhino
  6. Parimatch
  7. William Hill
  8. Tote
  9. Spreadex
  10. kwiff

What is cash out betting?

Before the cash out feature was introduced, bets only had two possible outcomes, win or lose. However, punters can now take charge of their bets much more. Bets can now be settled early, before events have finished. There are different instances in which you may wish to cash out a bet. For example, if the football team you have backed to win concedes an early goal. 

However, it can also be used to guarantee a profit is made. Your chosen bookie will offer a specific amount in return for bets being settled. Full cash out is the most common, with partial and auto cash out options also being available on many betting sites nowadays too.

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Best Cash out betting sites compared 

The vast majority of leading bookies offer cash out options. As a result, it can be difficult for punters to decide which site is best for them. bet365, BetUK, BetVictor, Betway, and William Hill are our top-ranked cash-out betting sites. While they appear almost identical at a glance, a more detailed look shows that they operate differently when it comes to cash out. 

bet365

At bet365, full, partial and auto cash out features are available to punters. Cash out is available on the majority of markets, including pre-match and in-play singles and multiples. Football, tennis, horse racing, basketball and cricket are among the sports covered. When you wish to leave a proportion of your stake in play, use the slider. Cash out at bet365 is available on desktop and mobile. 

bet365 sign up

Bet £10 & Get £30 in Free Bets

New Customers only. Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs and time limits & exclusions apply. 

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BetUK

The cash out feature at BetUK is available on selected pre-match and live markets, again including singles and multiples. However, there are no partial or auto cash out options. As such, punters can only cash out their bets in total. 

BetUK sign up

Bet £10 get £30 in Free Bets

18+ New customers on mobile only | 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7-day expiry.  BeGambleAware.org. Full T&Cs apply

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BetVictor

As well as offering a host of other features, BetVictor also comes with full and partial cash out. It is available on football, tennis, basketball and horse racing markets, including total goals, set winner, handicap and each-way. Requests are subject to a time delay, with cash out being available on desktop and mobile. 

BetVictor

Bet £10 get £40

18+| Opt-in, bet £10+ at odds 2.00+ within 7 days. No cash-out. Get 3x £10 Free Bets on selected events. Plus a £10 Slot Bonus, selected games, and wager 20x to withdraw a max £250. 7-day expiry. Card payments only. T&Cs apply.

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Betway

At Betway, cash out is available on a variety of sports and markets. The relevant icon will appear next to eligible markets, with single, multiple and system bets qualifying. However, the cash out feature cannot be used on each-way picks at Betway. Both full and partial cash out options are available, with no auto cash out option being found at this time. 

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William Hill

Under the “My Bets” section at William Hill, the cash out option will feature when eligible. Available on pre-match and in-play singles and multiples, punters can decide whether to cash out their bet in full. No partial or auto cash out functions are available. 

William Hill sign up

Bet £10 get £30

18+ New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. T&Cs

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What football cash out markets are available?

Football is the most popular sport in the UK, with millions of bets being placed on matches. Whether it be the Premier League, Champions League or World Cup, the majority of football markets will be eligible for cash out. Below are some of the most common football markets where punters can settle bets early on:

  • 1×2
  • Over/under goals
  • Both teams to score
  • Double chance
  • Half-time/full time
  • Asian handicap
  • Draw no bet

How to cash out a bet at a bookie

Cashing out a bet is a simple and stress-free process. While the steps required vary slightly between bookies, the basic principle is the same across the board. The following is a step-by-step guide for punters in the UK to follow: 

  1. Login to your betting account using your username and password.
  2. Browse sportsbook markets and add selections to your bet slip.
  3. Enter the stake and place a sports bet. 
  4. Track the progress of your selections.
  5. On your active bets page, keep an eye on the amount being offered to cash out.
  6. Whether to cut your losses or lock in returns, settle your bet by selecting the “Cash Out” button. 
  7. The amount will be added to your account balance immediately. 

How cash out values are calculated by bookies

The cash out value is calculated using the potential earnings of the bet, as well as the current in-play odds. The best way to explain how this works is to give an example. Let’s say that you have placed a £10 bet on Aston Villa to beat Liverpool at odds of 3/1. Villa lead 2-0 at halftime, with their odds to win the match having shortened to EVS as a result. 

So, the £40 potential returns, divided by the current odds would equal £20. Unfortunately, this is unlikely to be the amount offered by bookies to cash out. This is because their margin is added. As a result, a cash out value of around £18 or £19 is to be expected. 

bet365 sign up

Bet £10 & Get £30 in Free Bets

New Customers only. Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs and time limits & exclusions apply. 

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The Pros and Cons of Using Cash Out Betting Sites: What You Need to Know Before You Start Placing Your Bets

When to Cash Out a Bet

Unfortunately, there is no rule when it comes to the timing of cashing out bets. This is why it is important to keep a close eye on the progress of your selections, as well as the cash out value. When you cash out will also depend on your strategy and objectives. For example, some will cash out as soon as a profit is made. Meanwhile, others will wait a little longer in order to see how close to their potential winnings they can reach. 

When not to cash out a bet

We have already discussed many of the benefits of cash out. However, there are times as to when it is best to avoid using the feature. Successful bettors will master the right time to cash out, as well as when to leave wagers running. 

After placing some bets, you may not be in a position to monitor the event and the cash out value as close as you need to. In this case, you may be forced to just check whether your bet has won or lost afterwards. In simple terms, cashing out must fit in with your betting strategy. 

Why do we love cash out bets?

Cash out bets come with a host of benefits, with the following being a breakdown of the standout pros of the betting feature:

  • The ability to settle bets early makes it possible to guarantee a profit or cut losses.
  • Cash out lowers the volatility of sports betting.
  • It is an easy feature to use on both desktop and mobile.
  • Cash out can be used in conjunction with selected betting promotions and other features.

Do all bookies offer cash outs?

Due to the demand from bettors, online bookies have been forced to offer cash outs. As a result, a betting site that does not offer a cash out feature will automatically be at a disadvantage, due to it being less attractive to punters. All of the leading UK bookies now come with cash out, whether it be full, partial, auto or all three. 

William Hill sign up

Bet £10 get £30

18+ New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. T&Cs

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How do I know if a bookie offers cash outs?

Most online bookies will make it clear as to whether they offer cash outs, as well as which markets the feature is available on. In many cases, a specific icon will appear next to eligible markets. Meanwhile, betting sites will also feature cash out terms and conditions. If you are still unsure of which bookies allow their customers to settle bets early, simply select one of the cash out sites found on this page. 

Can I cash out on a mobile betting app?

The short answer to this question is yes. It doesn’t matter whether you are operating on a desktop or mobile platform, you can cash out bets with relative ease. This is the case on mobile betting apps, which are generally available to download on iOS and Android devices. In fact, with enhanced usability and speed, betting apps actually make it easier to process a cash out. 

Betway sign up

Deposit £5 at Betway

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Will I pay fees for cashing out a bet?

Another selling point of the cash out feature is that it does not come with any fees. Punters deciding to settle bets early will take home 100% of the cash out value as a result. 

More cash out betting info

  • In the UK, cash out betting sites account for over £2.5 billion in gross gambling yield, representing around 10% of the total UK gambling market (2019)
  • Cash out betting sites are the most popular form of gambling in the UK, accounting for over 40% of all online gambling activity (2019)
  • The cash out feature is available on both pre-match and in-play bets, allowing bettors to cash out at any time before the event has finished.
  • Punters will find cash out betting sites usually offer a variety of payment methods, including credit cards, e-wallets like Skrill, and bank transfers.

Remember to gamble responsibly

A responsible gambler is someone who:

  • Establishes time and monetary limits before playing
  • Only gambles with money they can afford to lose
  • Never chase their losses
  • Doesn’t gamble if they’re upset, angry, or depressed
  • Gamcare – www.gamcare.org.uk
  • Gamble Aware – www.begambleaware.org

For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.

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