Cashing out your bets is a relatively new concept that many players are already taking significant advantage of. Here we will take a look at the top cash out betting sites, explain what they offer, and what makes them the best.
50% match deposit bonus worth up to $1,000 50% match deposit bonus worth up to $1,000 100% welcome bonus up to $500 100% welcome bonus up to $500 Up To $750 Sign Up Bonus Up To $750 Sign Up Bonus 50% Welcome Deposit Bonus up to $1000 50% Welcome Deposit Bonus up to $1000 150% Deposit Bonus up to $2500 150% Deposit Bonus up to $2500 75% Crypto Deposit Bonus up to $750 75% Crypto Deposit Bonus up to $750 50% Welcome Deposit Bonus Up To $500 + $10 Casino Chip 50% Welcome Deposit Bonus Up To $500 + $10 Casino Chip 50% deposit match up to $1000 50% deposit match up to $1000
Up to $2,500 deposit match
Up to $2,500 deposit match
50% match deposit bonus worth up to $1,000
50% match deposit bonus worth up to $1,000
The Best Cash Out Betting Sites List 2023
Below we’ve ranked what we believe to be the best cash out betting sites available – we’ve also highlighted what makes them leaders in the field and why they stand out from the crowd.
- Bovada – One of the biggest cash out sportsbooks on the planet
- BetOnline – The best cash out betting sites with excellent promotions
- Everygame – Excellent sportsbook with good US sports coverage
- MyBookie – One of the best betting sites with cash out and excellent live betting
- BetNow – Get huge odds and competitive cash out betting here
- BetUS – A fantastic beginner sportsbook with easy to navigate menus
- XBet – An excellent sportsbook focusing on the top events
- BUSR – A cash out betting site with a fantastic live in-play section
- Jazz Sports – Take competitive odds and excellent bonuses on this site
- Sportsbetting.ag – Excellent live betting and cash out on this site
Best Cash Out Sportsbooks Reviewed
1. Bovada – One of the largest cash out sportsbooks on the planet
Bovada is one of the biggest names in sports betting worldwide, and they have put together a sportsbook that has the size to match that. If you want choice, either from sports, leagues or markets, you will certainly get that here.
On top of this, they have excellent cash out options for players to enjoy. Odds here are very strong, some of the best online according to fairbettingsites.co.uk, so you know you are getting a good deal when you bet. To further enhance this, look for regular customer offers too.
Bovada Pros Bovada Cons
2. BetOnline – The best cash out betting sites with excellent promotions
BetOnline have put together an excellent service that players are going to love. This site is all about getting a good deal, so look out for solid promotions and bonuses, while the odds on offer add to that by being highly competitive compared to the market.
Live betting is strong here, and you can cash out your bets in that section if you wish to. This is available across many sports and markets, and the site is also known for offering an extensive service when it comes to that.
BetOnline Pros BetOnline Cons
3. MyBookie – One of the best betting sites with cash out and excellent live betting
MyBookie is a site that gives players what they want and always includes the latest market trends as part of its service. This is the case with live betting, cash out and mobile betting, all of which MyBookie is known for covering well.
With this live betting platform, MyBookie is one of the best betting sites with cash out. On top of that, something else we love here is the available bonuses, not just the welcome bonus, but a range of great existing customer bonuses.
MyBookie Pros MyBookie Cons
4. XBet – An excellent sportsbook focusing on the top events
XBet is a site dedicated to the very most significant events on the planet. These are listed on the site and have quick links that take you directly to the betting markets you need, so navigation of the site is straightforward to follow if you want these events.
Elsewhere, a big positive of the site is the odds on offer here. These are very strong and seen as some of the best available, which is excellent news for those playing here. Sports coverage is strong, too, so there are plenty of choices.
XBet Pros XBet Cons
4. BetUS – A fantastic beginner sportsbook with easy to navigate menus
BetUS have put together a solid service, and they have certainly thought about new players at the heart of what they have on offer. The site is simple and easy to use, so even if this is your first betting site, you will be okay finding your way through here.
This is not all they are about, though. The site offers excellent sports options, there are some reasonable offers you can claim as an existing customer, and the odds here are strong, so this is a well-rounded service that you can stay with, even if you are not a beginner.
BetUS Pros BetUS Cons
What is Cash Out in Betting?
You may have heard of the term cash out but never used it and don’t know what it is. Cash out is where you take the offer of ending your bet based on the situation at that exact moment while your game or event is taking place.
Cash out sportsbooks will create an offer for you to end your bet, this may give you a profit or a loss depending on the situation, and you can take this if you want. And the leading sportsbooks also offer cash out through their betting apps.
Get it right, and you can cash out and be paid a profit on a bet that loses. Get it wrong, and you will take a lower amount from your sportsbooks while watching the bet go on to win, missing out on the original total amount.
Benefits of Cashing Out Sports Bets
Cash out has become incredibly popular with players, and the simple reason for this is that there are many benefits to cashing out on your bets. Here are some of the benefits you can enjoy from the top sportsbooks with cash out.
Secure A Profit
Cash out gives you the chance to secure a profit on your bet, so you know you are ahead, regardless of what happens in the future. Of course, this may not work out occasionally, but if you are looking to get in a winning position and take it, cash out allows you to do that.
Cut Losses
Rather than securing a profit, you can also look to cut your losses on bets you place which don’t go well. Even if the cash out amount is small, it is money back into your account, rather than losing your total stake, ideal if you think the bet is heading towards being a loser.
Take The Best Deal
With cash out, you can choose to take the best deal on the table if betting on a long competition. For example, if you like the draw your selection has, let it ride, but cash out before that game if you think they have too much to do.
How Cash Out is Calculated
Cash out is calculated by sportsbooks using a formula based on your bet, plus the current odds of your selection. This may be slightly different with some sportsbooks, but essentially, the cash out figure is roughly worked out using the calculation below.
You place a bet of $100 at +500 on the moneyline.
If the bet wins, you receive $600 in full
At half time, your team is up, and their odds have changed to +200
The cash out on this would be around $300 for you to take, and if you are looking to cash out, this is the figure you should be looking to take.
Can You Cash Out Live In-Play Bets?
Sportsbooks offer cash out in many ways, and one of the differences comes with live in-play bets. The best cash out sportsbooks will allow you to bet in-play and then cash out that bet if you wish – however, not all sites will allow you to do this.
If you like to bet in-play, and you might want to cash out in play in the future, look out for this and make sure that the cash out sportsbooks you are looking at will allow you to do this, including through their gambling apps.
How to Know the Best Time to Cash Out
This is the million-dollar question for all players who enjoy cashing out on bets. The key for players is knowing that you will sometimes get this wrong, which is a risk you have to be prepared to take.
Try and put together a strategy for cash out betting sites so that you do the same thing regularly, rather than changing it up all the time. Do this, and when you do get it wrong, at least you know it is part of the strategy you have, rather than an individual decision you have made.
Tips for Cash Out Betting
If you are looking to cash out, then here we have five tips for you to follow, regardless of whether you are new to cash out betting or experienced.
- Create A Strategy
Don’t go into cash out betting without a strategy. When you are sat on the best cash out betting sites, make sure you know what you will do in the future. Running without a plan will leave you making quick decisions and causing panic.
2. Expect To Lose Out
There will be times when you get this wrong, and you need to expect that. Whether you cash out for less, or you don’t cash out, and the bet loses, you will make a wrong decision. But, like with losing bets, learn to accept this and look at the bigger picture.
3. Don’t Be Short-Changed
Work out what the cash out value should be based on the currently available odds. If your cash out amount is much less than this, it does not make sense to cash out on the bet from a value point of view.
4. Understand The State Of Play
When you are on the best betting sites for cash out, make sure you understand exactly where your game is. If streaming, make sure you are up to date, watch the score, see how long is left and how the game is going, and then you have everything needed to cash out if you wish to.
5. Categorize Each Bet
When you place a bet, split them into categories based on whether you think the bet is one to cash out or not. If you make the decision not to cash out, stick with it. The bets you do want to cash out need to be watched closely so that you can jump in at the right time.
Conclusion
There are many fantastic cash out betting sites that offer players the chance to step in and take their bets based on the current state of play. These all offer you the opportunity to make decisions and potentially win when you are not going to and these include the top offshore sportsbooks.
We have taken a look at cash out sportsbooks, and of those on offer, BetOnline is the one to stand out and look to be the very best on offer. They have an excellent in-play section with strong cash out options, and away from this, their service is of a very high standard.
