Cash out on bets
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You can either choose to take the 14 your bet, plus a profit of 4 or wait until the end of the game and hope that Team 1 goes on to win and you win the full Team 2 scores first to go up — your bet is less likely to win.
We may offer you a Cash out offer of 6, meaning you can either accept the Cash Out offer and get 6 back, or stand the chance of losing your entire 10 if Team 2 go on to win the game. Multi Bets You place a Multi Bet of 5 games to the value of 10, with total odds of 3. Your options are to either cash out before the last 2 games start, having won an extra 12 off your initial bet, or hope the other 2 events win and claim the full You could also wait for the remaining games to begin and check to see if a Cash Out offer is available mid-game, depending on what is happening in the game.
Alternatives to Cash Out: Hedging In the long run it is usually better to allow bets to run their course and avoid paying additional margins, fees or commissions. However, in one-off scenarios it may make sense to secure profits or prevent losses early. Even in these cases it is usually better to find an alternative to cashing out with the same bookmaker. At the time of writing "Liverpool to win the league no" can be backed on Pinnacle at 1.
When is Cash Out useful? Despite its flaws Cash Out is not useless in every situation. In what situations can Cash Out be a useful option for bettors? Mitigating opportunity cost The opportunity cost of having money tied up in long running bets and hedges can be high.
This is of course less of an issue for shorter term bets. Irrationality and rare scenarios Consistently profiting from betting is a long run game involving finding a way to beat the odds and then placing enough bets to ensure that edge is fully realised which can take longer than most bettors are aware. However, there are situations where rational thinking becomes less of a factor, such as when a bettor is dealing with larger than usual sums of money.
Read: How often do bettors get paid? This means the bettor would win more long term by seeing his bet through to settlement. However, such a bet would only reach this stage one in times. The bettor may never be in this situation again, let alone find himself in the same position enough times for randomness to even out. The Cash Out offer is higher than market price Very rarely the Cash Out value of a bet is higher than the odds offered by other bookmakers.

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