First, the bookmakers entered the Internet, where it all became a little easier. There are several odds, bigger selections, more special bets and most recently the possibility of live betting while a match or event is being held. The bookmakers have now taken the next step to create the optimal conditions for the players. Now you can take advantage of cash out before your match is finished.
The bookmakers now offer the opportunity to have one's money paid out long before a match is completed. They offer a price for one's coupon, depending on what has been played and the current position of the match. So you can decide to take the profit before the fight is over, thus eliminating the risk of the result going the wrong way.
Example of cash out coupon
Once you understand the concept of making cash out, you will often be stuck to the live betting platform of your favorite bookmaker. In the section below we have taken a few examples that describe how much you can get, for example, if you have played £ 750 on Manchester United winning at odds 3.30.
You have played £ 750 and if you fail to make cash out at any point, if Manchester United wins the game you will get £ 2,475. Should Manchester United lose the match, they have obviously lost their 750 £.
Let's assume that Manchester United score to 1-0 after 28 minutes. Manchester United generally play well and the bookmaker believes that Manchester United have good opportunities to win the match. The bookmaker would therefore like to pay out £ 1,125 if you choose to cash out already after 30 minutes.
However, it may happen that the away team goes completely crazy and scores three quick goals after the break. Let's assume there is 25 minutes left of the match and that the bookmaker now only pays 52 £ for the coupon. So you can choose to pay out £ 52 now in exchange for giving up the £ 2,475 you would win if you wait and Manchester United end up winning the match.
So you may well be offered less than your coupon worth. In fact, it can go all the way down to one penny. Of course, you can never be offered more than what your coupon is potentially worth, so in our example you will never be able to pay more than 2,475 £. As a rule, bookmakers usually remove the option of making cash out when less than 5 minutes of a match is missing.
Cash out on the go
Most bookmakers who offer the opportunity to make cash out also offer the opportunity to make cash out on one's mobile and tablet. So you have the opportunity on the go to choose to take the profit here and now. Therefore, you do not have to miss the opportunity to make a profit if you prefer to use mobile betting.
For example, you could be at a stadium watching a match live. Here it is obvious to have your mobile in your pocket and choose to take the money at just the right time. You may have played 2-0 before the game started, and if 2-0 is already there after 25 minutes, then it might be worth considering taking the profit now.
Cash out at bwin
We think that bwin is one of the best bookmakers with a license issued by the UK Gambling Commission, and so it is also great that bwin is one of the bookmakers currently offering to make cash out on live matches. At bwin it's easy to make cash out, and you can do it in the vast majority of matches.
How to make cash out on bwin
- Place a bet on a match where live betting is possible
- Go to the live odds tab which can be found at the top of the bwin website
- Go to "My Bets" on the right and find an overview of the live matches.
- Touch “cash out” to get the money here and now.
You are now ready to withdraw your winning with PayPal...
It should be noted that if a penalty kick is sentenced, or other decisive things happen in the match, then the opportunity to make cash out will be suspended for a shorter period. Therefore, you do not lose the opportunity to make cash out, simply because for a short period you can not find the match under "My Bets".