The cashout function at bookies. Everyone knows them and will definitely find themselves in this blog.
Once to explain the cashout:
What is a cashout?
A cashout is selling the betting slip to the betting provider ahead of time at a certain price suggested by the betting provider. So, at any time during a match or in the course of a combination bet, you can turn your ticket into money for the bookmaker’s current offer.
But when is the right time to choose the cashout? Is there a right time or is it better to let the bill run?
Many tipsters have probably been faced with the decision at one time or another and may have made the wrong choice.
We will try to explain you in the course of the blog when the cashout would be useful to use.
But first of all, we will describe situations that have certainly happened to you before.
Examples of cashout or run the bill
We once bet on a Paris St. Germain match. Our tip was that PSG will win and score at least 2 goals in the match. In the 45th minute PSG scores 1:0 on a penalty kick and everything seemed to go according to plan.
The cashout was already lucrative, however, the bookies offer at an early stage max. 40% of the possible profit.
So all we needed was a goal and PSG to win.
In the second half everything was different. Paris got a red card in the 70th minute. The cashout was gone. Many in this situation are probably annoyed not to have drawn the early cashout at halftime.
The result was the 1:1 from opponent and the lost bet.
What would have been the right decision here?
In the end, you always have to weigh up how high the increase from the stake is. If the cashout is perhaps 3 times your bet, a cashout would make sense. After all, you would have tripled your bet.
Watch the game and decide LIVE.
Another example shows that it can make sense to pull a cashout. We have put together a combination of 5 games. 3 out of 5 games were already won. The other two games were still going on. West Ham and Juventus were the two open games. At West Ham we needed West Ham 2-0 and at Juventus we were 4 corners short in the second half. West Ham scored the 2:0 in the 85th minute and won. In parallel Juventus scored 3 corners in a row. The cashout skyrocketed to 95% of the winnings. We didn’t hesitate and pulled the cashout in this case.
In the end, it was the right decision, because we would have been 1 corner short with Juventus Torino.
Better to let run
Especially with the tips for the outcome, the cashout could be useful in the last minutes of the game. Your team leads 1:0, but the opponent presses for the equalizer. The match is in the 90th minute and there are 5 minutes of injury time. The cashout is usually already at 80%. In this case, a cashout would make sense, because often there is still a goal in injury time.
If you look at the cashout from a purely mathematical point of view and calculate the “loss” of the winnings, then a cashout is rather not advisable. However, there are so many unpredictable things in the sports world, so cashout can be a good feature there.
Especially in fast-moving sports such as tennis, ice hockey or darts.
It’s best to always look at your bet, what you’re potentially being offered, and how your tipped games are performing.
The cashout can sometimes be useful just to avoid the 1 missing goal or corner.
But never sell before the last game, when it hasn’t started yet or when you are only one goal short in the last game and the cashout is below 20%, just to save your bet. In the end, you are annoyed when the missing goal is scored in injury time.