Cash out is a betting feature that allows you to make an early profit on your bet.
If you are not feeling too confident about how the game might end or you just cannot wait for the match to reach its natural conclusion, you can make use of the cash out option. This gives you a portion of your stake or potential profit as a result, you will be walking away with some cash no matter the outcome of your bet.
Cash out is available for pre match and ongoing bets. It all depends on the bookmaker.
What is cash out?
Cash out is a popular betting feature and it is available on almost all the best betting sites in Nigeria. It simply allows you to settle your bets and scoop a part of your projected winning before the game ends.
In most cases, cash out is activated when players have a gut feeling that the bet is on the verge of losing. You can also use it if you are satisfied with how many of the selections on your bet slip have checked in.
For example, if you wagered on accumulators containing 20 games with the hope of winning ₦50 million. Let’s say 15 out of your 20 selections have checked in with 5 remaining, the bookmaker will be offering you the chance to settle your bets by collecting a part of the potential winnings.
If you opt for the cash out option, you will get what the bookie is offering no matter what happens to the remaining 5 games.
This can be seen as a good way of protecting yourself in case the remaining 5 games do not come in as expected.
So, whatever happens to your remaining games, you are guaranteed a certain amount of money.
Apart from this model of cash out, some betting sites have other early payout bonuses.
You can take advantage of cash-out bonuses below.
Bet365 2 Goals ahead early payout offer
Place a pre-match bet on the standard Full Time Result market (1X2) on selected football competitions and get an early payout if the team you backed to win goes 2 goals ahead at any point of the game.
For single bets, if the team you back to win goes 2 goals ahead at any stage during the match, you will be paid out your bet in full regardless of whether the opposition comes back to draw or win the match.
Meanwhile, For multiple bets and Bet Builder bets, if a team you have backed on the standard Full Time Result market goes 2 goals ahead, this selection will be marked as won, with the remaining selections left to run.
Betano 2 goals ahead early payout offer
Same as the Bet365 offer. You will get an early cash out if the team you backed goes ahead with 2 goals at any point in the game.
Apart from these early payout bonuses, you can also explore the cashout options on any of the sites listed on our bookmaker comparison page. The cash out feature is designed to make sure you make some money no matter the eventual outcome of your stake.