Cash-out

Cash-out is widely used abroad, but for some time now it is increasingly possible to use this option also in legal bookmakers in South Africa. What is cash-out and when is it worth it? How do I technically cash out? Is cash - out is a noteworthy option, or better to stay away from it? Practical answers can be found below.

What is cash-out?

Cash-out is an option. early settlement of the bet or „ resale” go. It is most often used when bet the meeting does not go after the mind of the player-if he takes advantage of cash - outu, will minimize possible losses. Most likely, thanks to this move, he will not recover the entire amount wagered (although it may happen anyway), but at least a significant part of it. Cash-out this does not mean that the bet is cancelled. because that would be equivalent to simply taking away the entire bet. In the case of cash however, other factors are also taken into account, primarily changes in the bookmaking rate. Therefore, such a game can end with both a payout of an amount lower than the bet, but also a higher amount (especially when closing occurs at a time when the current result is favorable to the player).

It is also worth immediately explaining that cash - out is completely different than cashback . These two concepts are often confused by novice players, and they relate to completely different issues. Cashback is a kind of the bookmaker bonus which is to refund the bet amount (less the 12% gaming tax) to the user's account if the bet turns out to be wrong. Cash-out, on the other hand, is an option that allows you to perform a certain type of game, and we'll take a closer look at it in this article.

How it works cash - out?

As for cash - out the basic condition is that all items from the coupon that are already settled are hit. Even one lost result on an accumulator bet negates the possibility of reselling the bet and in that situation, we lose everything.

Secondly, even if the bookmaker allows the possibility of cash - out, it is not available in every establishment, and even not at every meeting . Whether the option is available, you can check on the website of the bookmaker. In a pre-match bet, the bookmaker can unlock it, for example, if after some time the odds for a given meeting are changed. This possibility also appears in live matches, but it all depends on the odds, the result of the match and, importantly, the time left until the end of the game. For example, it often happens that you can close a bet 20 minutes before it ends, but not after another 10 minutes. On the contrary, sometimes the option is unavailable, but due to some changes, it suddenly appears.

How to use options cash - out?

What does early closure look like in practice? It depends on the procedure bookmaker . It happens that cash - out is available even at ground points, but most often we use it online. After logging in to the bookmaker's website, as a rule, you need to go to the tab about the coupons placed and look for a "style" sign next to the bet cash - out or pay out. If it is displayed (and we are sure of our decision), just click after that, funds from the refund should appear on our account. Of course, it can happen that cash - out will not be accepted, because, for example, in the meantime the course has changed. To be sure of the success of the disposal, the best check Type history where there should be information about the course of the plant.

Some bookmakers Post detailed instructions on their websites that explain how to make a step-by-step early closing of a bet on their betting site.

For what types of bets to consider cash-out?

Use of options cash -out is the most sensible in the case of betting multiple the so-called batteries-this it should improve our statistics. This the same applies to opposite bets, i.e. playing Contra . In this case, cash-out will allow you to quickly and at a small cost to switch money from the originally chosen option to the one that, as the situation in a given sports meeting becomes clearer, begins to seem more likely (and profitable).

In the case of single bets, early settlement of the bet may also be profitable, but this solution should not be used too often. This is because cash - out is associated with double bookmaker ' s margin and thus a small profit typer. Therefore, playing in this way notoriously, we will not play much.

When cash - out can pay off?

However, from time to time use the option cash - out can at least minimize the scale of a player's defeat. For the sake of further explanation, let us assume that, for example, in a match Borussia Dortmund vs FC Köln you bet on Borussia winning. Consider the following scenarios:

• There is not much time left until the end of the game, and your the favourites lose . What's more, $a is not expected to reverse the streak. In such a situation, it is definitely worth considering reselling the coupon.
• Also in the case of uncertain draw this is a matter for reflection. First of all, it may be that the tied result will last until the end of the meeting, and if you do not withdraw the bet, you will not win anything. However, if you use cash-out during the draw, you will get more money back than if you had closed the bet only when Borussia has already lost a goal and starts losing.
• But you can conduct an early settlement of the bet even if the current match result predicts your win . Although typists do not choose to do this very often, there may be indications that staying in the game is too risky . In this situation, you will still earn on the bet, although of course less than if you waited until the end of the game, and Borussia she would have won.

There is another case where cash - out can save you from oppression. The most common in the world mistake which can happen even to the best. By inattention, we can incorrectly mark an option on the coupon or enter the wrong bet at all. In this situation, it remains to count on a blind fate, try to play some counter or just resell the coupon. You won't get the full amount back, but at least you'll save yourself some unnecessary nerves.

Cash-out – is it worth it or not?

In summary, it should be noted that the option of early closing the bet is especially popular among cautious players and those who are just starting the adventure with bookmakers . Cash-out gives you a sense of security, but it also has its drawbacks. First of all, in general bookmakers use it because they earn a double margin in this way, while minimizing the risk of a large number of high winnings. In the end, many a typer, who too hastily resold the coupon," spat " later in his beard, repeating the proverb: who does not take risks... Therefore, we use cash - out, but only in exceptional circumstances, because it is an irreversible move .

Option cash -out legal bookmakers in South Africa m.in. STS , Fortuna , Betfan , Etoto and PZBuk .