Some say Cash Out is a gift by the bookmakers who have it, while others say Cash Out is evil as they can’t seem to get it right. In this article we’ll cover the dos and don’ts of Cash Out, and will tell you how to do this properly. Best app with Cash Out is a must-have so we’ll cover this as well. It won’t work if you’re using a bad app.
What is Cash Out used for?
There’s one and only one use scenario for the Cash Out apps or features in general, and that’s to take your money because the results are all favorable, and you’re willing to part with a small percentage of it in order to avoid any risks down the line. For example, all your bets are either already settled or are winning, but there’s one (or more) that’s currently being won narrowly, e.g. 1-0. Maybe your team got a red card, maybe their opponent is desperately trying to score and you just want to avoid the trouble and cash out. That’s the one and only reason to cash out, and it makes sense, as you’re paying a few quid for securing the remainder of your winnings against unforeseeable situations.
The worst way to use Cash Out
Whenever you’re not winning – don’t use Cash Out. Don’t be tempted to “save at least a few quid” unless the situation really can’t be overturned. It can and it will happen – you will cash out your bet only to see it would have been a winning one, and you’d win a nice amount only if you didn’t click the Cash Out button. Don’t give the bookie the pleasure, don’t cash out presently non-winning tickets, that’s what the bookie wants you to do. Don’t.
It is presumed you’re actually watching the game live and can make a reasonable conclusion about the present state of affairs on the pitch. You can tell if your bet was a good one or not, and you can tell if the situation is going against you. If it is, and you’ve really made a bad bet, you have a way of getting out of it (or you can follow the don’t-cash-out-non-winning-bets rule). Or you can take a small profit that you’ve secured already because things are going your way, but you see that it will soon no longer be the case. For example, your team is leading but started playing awfully and the opponent is close to equalizing and everyone sees it. Or, 9 of your 10 selections won and you don’t have the nerve to wait for the 10th. Just cash out and take your money (if the Cash Out offer is good enough), pay a few quid to avoid risk.
Best bookies with Cash Out
Betfair and Bet365 have the two best Cash Out features, available both on the full version of the website and on their respective mobile apps. While other bookmakers have also been experimenting with Cash Out, these two are the best by far since the money they’re offering to players is almost fair. There’s just a small percentage deduction that likely won’t interefere with your decision, and that’s the most important thing about a Cash Out feature. Let it be fair, let it be available for the majority of the game (as opposed it being greyed out whenever the ball is near the penalty box), and let it work flawlessly. Betfair and Bet365 are doing it right, and you don’t have to look elsewhere.
Cash Out is an excellent weapon against last-minute penalty kicks, referee errors and other things that have been ruining our tickets every season. By using the Cash Out feature wisely, you can avoid getting burned by dramatic comebacks of underdogs, which are common not only in football but in most other sports. Cash Out is only meant to be used for protecting yourself against this, and it’s likely you’re doing a mistake if you’re using it for anything else.