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CASH OUT

WHAT IS THE MEANING OF CASH OUT?

Cash Out allows players to either guarantee a profit or cut their losses, regardless of the final outcome. Not only that, players can Partially Cash Out to guarantee a return and leave the remainder of their stake running on the open bet. You can Cash Out on a variety of sports and markets including football, tennis, basketball, and much more! Be in control of your bets and look out for the Cash Out option in your betslip where you can guarantee a return with a click of a button.

HOW TO USE THE CASH OUT FEATURE?

Once you have placed your bet, any Cash Out value the event or market offers will be available in your Open Bets. Here is how you can Cash Out:

Full Cash Out

  1. Head over to your Open Bets in your betslip or via 'History' in your Account Settings.
  2. The Cash Out value will display on your open bet.
  3. Click on the ‘Cash Out’ button and confirm your desired Cash Out amount.
  4. Once accepted, the amount you cashed out for will be returned to your cash balance & your open bet will be settled.
Full Cash Out

Partial Cash Out

  1. Head over to your Open Bets in your betslip or via 'History' in your Account Settings.
  2. The Cash Out value will display on your open bet.
  3. Use the slider to the right of your full Cash Out offer to Cash Out partially & leave the remainder of your stake on your Open Bet.
  4. Once accepted, the amount you cashed out for will be returned to your cash balance & the Cash Out part of your bet will be settled.
  5. The remaining part of your bet will be displayed in your Open Bets with your new stake & Cash Out value.
Partial Cash Out

After you have successfully cashed out you will see the following message

Cash Out Success

Be in control of your bets with our Cash Out & Partial Cash Out feature!

TERMS & CONDITIONS

  • Available to existing Sportsbetio players over 18 years of age.
  • These Cash Out Terms are inseparably linked to our Terms & Conditions, of which they form a part, and acceptance of these Cash Out Terms is a prerequisite to account registration. Any capitalized terms used herein which are not defined shall take their meaning from the Terms & Conditions.
  • By Cashing Out, you are agreeing to close your bet at the amount offered to you. Once you have Cashed Out, the bet will be considered as settled and the amount you have received for the bet will not change, irrespective of the outcome of the remaining selections.
  • The amount you are offered to Cash Out is based on your projected full return, the status of any selections which have already completed, and the current market price(s) of your unsettled selection(s). This may be greater than or less than your original stake.
  • After choosing to Cash Out any bet, the confirmation will display with the newly updated value and therefore may have changed from that shown in your betslip or open bets. The value displayed at confirmation will be the actual amount offered to you, and will supersede any amount previously displayed in your betslip or open bets.
  • If you choose to Cash Out, the request will be subject to a time delay if any of your selections are currently in play.
  • Cash Out is available for pre-live and live markets and applicable for Single Bets and Combo Bets, excluding System Bets.
  • Combo Bets, placed together with System Bets, cannot be the subject of a Cash Out or Partial Cash Out.
  • Cash Out is not available on Forecast/Tricast Bets.
  • Partial Cash Out shall only be available in circumstances where the full Cash Out offer, for the bet subject of the partial Cash Out, is greater than twice the minimum bet amount permitted for that particular bet.
  • The minimum Partial Cash Out amount is equal to the minimum bet permitted for that particular bet.
  • The maximum Partial Cash Out amount shall be the full Cash Out amount minus the minimum bet amount permitted for that particular bet.
  • When a Player undertakes a Partial Cash Out, the remaining bet amount (i.e. the initial bet amount minus Partial Cash Out Amount) is placed as a new bet at the odds current at the time of the Partial Cash Out.
  • In the case of a Partial Cash Out of a Combo Bet, where one or more of the lines has already been settled, the new bet is placed on the remaining open lines at the current odds.
  • Cash Out will be temporarily suspended or removed if there are changes in the price or market on one or more of your selections which results in the event or market of one or more of your selections being suspended.
  • After completing the Cash Out or Partial Cash Out process, the funds will be credited to your cash balance immediately. Your bet will be settled and the final outcome of your bet will have no effect on the amount returned to your balance.
  • Cashed Out or Partial Cashed Out bets shall not contribute to meeting the requirements of any new or existing Player promotions/offers, unless otherwise stated within the promotional Terms & Conditions.
  • Bets placed using bonus funds or a Bonus Token cannot be the subject of a Cash Out or Partial Cash Out.
  • If you choose not to Cash Out or you are unable to Cash Out, your bet will be settled based on the outcome of the completed event(s).
  • Sportsbetio reserves the right to reverse or void the settlement of a bet or selection which has been subject to Cash Out if there was a clear pricing or settlement error.
  • Sportsbetio can’t guarantee that Cash Out will be available for every Player, event or market.
  • Sportsbetio reserves the right, at its sole discretion to suspend, disable or refuse the Cash Out and/or Partial Cash Out feature at any time.
  • Sportsbetio will not be responsible if the Cash Out feature is not available for technical reasons or if a Players account is suspended for whatever reason. Unsettled bets will stand as originally placed during any such period.
  • Restrictions regarding withdrawals may also apply. Please refer to the site Terms and Conditions as well as our Withdrawal Policy for further details.
  • Sportsbetio reserves the right to alter these Terms & Conditions at any time without prior notice.
  • Sportsbetio is not responsible for the content of its partner websites.
  • Sportsbetio general site Terms & Conditions apply.
  • Please gamble responsibly. For more information, visit www.gambleaware.co.uk

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