Want to lock in your wins before the event is concluded? Then you should check out the best cash out betting sites!
We’ve done the extensive work already, and below, we listed the best bookies offering the option to lock in your wins mid-event.
Our top pick right now is BetOnline, a famous sports betting site with up to a $1,000 welcome bonus, competitive betting odds, a wide variety of sports to bet on, and so much more! But is it the only one? Of course not! We have 9 other alternatives to share with you.
Let’s dive right in!
Best Cash Out Betting Sites
- BetOnline: Best overall
- Bovada: $750 crypto sports bonus
- BUSR: Excellent odds for horse racing
- MyBookie: Top pick for prop bets
- EveryGame: Amazing live betting section
- xBet: Most generous sports betting contests
- Thunderpick: Fastest payouts
- MyStake: 3+1 bonus bet offer
- BetUS: Features BetUS TV
- SportsBetting.ag: User-friendly design
We ranked these sites against strict criteria. First, we checked their markets and odds, bonuses, user interface, and other aspects to rank them. So, keep on reading to find out more about it.
1. BetOnline – Best Cash Out Betting Site Overall
Pros:
- $1,000 welcome offer
- Enhanced odds and reduced juice deals
- Loads of risk-free bet deals
- Competitive odds
- About 20 years in the industry
Cons:
- Higher credit card fees
- Could use a better design
Up and running since 2004, BetOnline has come a long way in the past two decades, becoming one of the best betting sites for a wide range of sports fans. And today, it claims the throne as our #1 pick! Let’s have a closer look at it.
Markets and Odds: 5/5
BetOnline distinguishes itself in the digital betting arena by expanding its offerings beyond typical sports like basketball, baseball, or soccer. It includes eSports betting options such as CS: GO and League Of Legends, delivering a diverse and comprehensive wagering experience.
Not just limited to broadening its sports categories, BetOnline also enhances user engagement with an advanced live betting interface.
In addition to these features, BetOnline prides itself on offering a vast range of betting choices across 30+ sports betting options. These include various options like team and game propositions, futures, parlays, teasers, moneylines, and more.
To add an extra layer of appeal to its platform, BetOnline provides enhanced betting odds during special events.
Bonuses and Promotions: 5/5
BetOnline does more than just offer risk-free bets; it also provides a variety of generous bonuses for its customers. New users are welcomed with open arms, receiving a 50% sign-up bonus that can go up to $1,000 as long as they make an initial deposit of at least $55.
Meanwhile, existing customers are not left out. They can take advantage of numerous promos, such as a 25% reload bonus, by using the LIFEBONUS promo code. There are also dedicated promos for live betting and player props, ensuring there’s something for everyone.
Moreover, the platform offers an exclusive $25 risk-free bet specifically designed for in-play betting.
Banking Options: 4.85/5
BetOnline provides a variety of nearly two dozen deposit methods, catering to the diverse needs of its users. Popular cryptocurrencies like Bitcoin and Ethereum are supported alongside lesser-known ones such as Shiba Inu.
We found that BetOnline also supports fiat banking options, including credit/debit cards – but keep in mind that these options come with some fees that you should check out before opting for them. On the brighter side, the payouts are processed very fast at BetOnline, typically taking less than 24 hours.
The platform has set a reasonable $20 as the minimum withdrawal limit, although this can vary depending on the chosen method. Maximum withdrawal limits are determined by the selected method and can range anywhere from $5,000 to $500,000.
Mobile Experience and Customer Support: 5/5
BetOnline ensures that help is always at hand, with a support team that’s available 24/7, every day of the year, via live chat and email.
Their mobile website was also just recently updated, which makes it a perfect option for on-the-go betting. The revamped design ensures smooth gameplay and is compatible with all iOS and Android mobile devices.
>> Activate $1,000 welcome bonus [BetOnline]
2. Bovada – Best Welcome Bonus of All Early Cash Out Betting Sites
Pros:
- $750 crypto welcome bonus
- 30k+ markets each day
- Custom props are available through social media
- Wide range of bet types
Cons:
- Extra step required to find support contact
- Occasionally late betting lines
For crypto sports bettors, we recommend Bovada, another highly reputable online sportsbook with cash out options.
Markets and Odds: 4.85/5
Known for its NFL betting focus, Bovada offers an array of daily sports events, setting its sportsbook apart from the others. This makes it a favorite among many passionate bettors.
Despite the occasional presence of dual lines, all users are given a chance to engage in live in-play betting and early cash outs. These strategies can significantly enhance their overall betting experience.
Bovada’s impressive commitment to college football is worth noting. Further, it provides an extensive selection, including moneyline bets, in-play parlays, and broad game coverage.
Bonuses and Promotions: 4.9/5
Bovada has crafted a unique offer specifically for sports bettors who use cryptocurrency, including a 75% match bonus of up to $750 and a low 5x betting requirement.
Want to wager with your friends? Then make sure to refer them to Bovada – it offers an up to $275 referral promo.
For those who use traditional currencies and use credit or debit card deposits, they offer a 50% match bonus, which is limited to $250 and comes with a remarkably low wagering requirement.
Banking Options: 4.9/5
There are a variety of payment methods supported by Bovada, including traditional banking options such as credit and debit cards, as well as modern banking options like cryptocurrencies.
Transactions with cryptos like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin are typically processed within 60 minutes at Bovada. On the other hand, though, fiat payouts could take up to several banking days.
Mobile Experience and Customer Support: 4.9/5
Bovada users can experience a seamless betting journey on their mobile devices, as the platform is fully optimized for mobile use.
Our Bovada review shows that this platform also features a public forum, which we find very easy to use. You can also enjoy 24/7 customer support at Bovada via live chat and email. To get to the live chat, make sure you take a look at the FAQs section first.
>> Use a $750 crypto bonus [Bovada]
3. BUSR – Best Cash Out Betting Site for Horse Racing
Pros:
- 300+ race tracks covered
- $1,500 welcome bonus
- Premium-tier design
- Dedicated promos for horse wagers
Cons:
- Average market variety beyond racetracks
- $100 min deposit for the welcome offer
Despite being somewhat new to the sports betting industry, BUSR is the best horse racing betting site. The platform covers hundreds of racetracks worldwide and greets new customers with a massive $1,500 bonus deal.
Markets and Odds: 4.85/5
BUSR is particularly enticing to horse racing enthusiasts, as it offers a multitude of features specifically crafted for it.
In terms of market variety, while it might not be as extensive, BUSR still manages to carve out its niche, especially with its exceptional coverage of college basketball games. This feature allows it to stand out from competitors like BetOnline, catering specifically to those interested in betting on college sports.
One of the distinguishing aspects of BUSR is its racebook. It covers all traditional markets, such as exacta and trifecta, and throughout the season, it features more than 300 tracks with excellent odds.
Bonuses and Promotions: 4.85/5
As our BUSR review shows, for each successful referral, BUSR offers an unlimited referral program that provides up to $250 in rewards. This is in addition to the Crypto Rewards initiative, which offers crypto users a cashback of up to $100 on each crypto deposit.
An exclusive $150 welcome package is available to horse racing bettors at BUSR, featuring specially designed reward schemes for its members.
Moreover, newcomers to the BUSR platform can avail of a 100% match bonus valued at up to $1,500. This offer, accessible with the promo code SPORTS100FP, comes with a 20x rollover requirement and a minimum deposit of $100.
Banking Options: 4.8/5
At BUSR, users can choose to fund their accounts using a range of options. Digital currencies like Bitcoin and Litecoin are available, which come with lower fees and faster banking. Alternatively, traditional debit and credit cards can also be used.
Interestingly, while transactions involving traditional currencies might take several days to process, cryptocurrency transactions are typically completed within hours.
Mobile Experience and Customer Support: 4.9/5
At BUSR, users can enjoy a hassle-free sports betting experience thanks to its mobile-optimized website. It’s designed to function seamlessly on a variety of devices, including iOS and Android smartphones and tablets.
Meanwhile, BUSR maintains an active social media presence and provides comprehensive sports betting guides for its users’ convenience. Also, any queries or issues are swiftly resolved by BUSR’s dedicated customer support team. They’re available 24/7 and can be contacted through email, phone, or live chat.
>> Scorea $1,500 welcome bonus [BUSR]
4. MyBookie – Best Cash Out Betting Site for Prop Wagers
Pros:
- Hundreds of prop bets per individual match
- $1,000 welcome offer
- Advanced bet builder
- Supports same-game parlays
Cons:
- Average payment variety
- Dated looks
Fully functional since 2013, MyBookie has led the way when it comes to prop wagers. The site also offers a solid $1,000 welcome deal for all new customers.
Markets and Odds: 4.75/5
One of the platform’s highlights is its same-game prop bet generator that allows users to increase their stakes on their chosen main event.
For betting enthusiasts who have a special interest in novelty betting related to the Big Four leagues, MyBookie is an ideal choice. The platform also stands out by offering more than 100 prop bets for individual games in certain cases, making it a truly unique platform. Moreover, it provides easy access to same-game parlay bets.
Global horse racing fans will find MyBookie particularly appealing. The platform gives access to over twenty international racecourses, including those lesser-known ones from countries like Sweden and Japan. This broad selection sets MyBookie apart in the industry. It also supports same-game parlays for online betting!
Bonuses and Promotions: 4.65/5
MyBookie offers a range of perks upon registration. These special rewards include a 50% match bonus on your first deposit up to $1,000, a $10 chip that can be used for online casino games, a whopping 200% referral bonus, a 25% sports reload offer, and so much more.
However, to be eligible for these first deposit bonuses, there are certain prerequisites. A minimum deposit of $50 is required, and you must also meet the standard 10x playthrough requirements to withdraw your wins.
And that’s not it! There are so many other offers available here from time to time, sometimes, they even have dedicated football betting promo codes and so much more.
Banking Options: 4.75/5
MyBookie has earned a strong reputation in online gambling, despite its fairly standard range of payment options. A significant factor contributing to this reputation is the platform’s low fees and quick processing times, which often take less than an hour.
Demonstrating its adaptability, MyBookie accepts a variety of payment methods. In addition to traditional options like credit/debit cards and MoneyGram, the platform also welcomes popular cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Bitcoin Cash.
Mobile Experience and Customer Support: 4.8/5
Despite its somewhat old-fashioned appearance, MyBookie’s website is built to ensure users enjoy a seamless, delay-free browsing experience, which significantly enhances their overall gambling experience.
In addition, MyBookie places a high priority on user support. They offer round-the-clock customer service, enabling users to get in touch with the team through live chat or email whenever they require assistance.
>> Activate $1,000 sign-up promo [MyBookie]
5. EveryGame – Best Cash Out Betting Site for In Play Bets
Pros:
- Top-notch in-play wagering interface
- Premium-level design
- $500 fiat welcome bonus, $1,000 when using crypto
- Multiple reload promos
Cons:
- Lower market variety
- Yet to establish long-term reputation
EveryGame just might be the best-looking sportsbook on this list. However, it reached the top 5 by offering some of the best in-play betting options out there.
Markets and Odds: 4.65/5
The EveryGame website boasts an effective live betting section, enabling bettors to engage in wagering activities while matches are still in process.
Despite providing a diverse selection of close to 25 sports categories, EveryGame doesn’t quite measure up to the variety offered by competitors like BetOnline and Bovada.
Bonuses and Promotions: 4.75/5
Everygame welcomes new bettors with an enticing choice between a $1,000 bonus for crypto users or a $500 incentive for fiat users.
Not stopping at the initial offer, Everygame extends an array of additional appealing promotions to its clients. These encompass regular cash rewards, reimbursements for parlay losses, and competitive league standings for renowned sports and leagues, including the NBA playoffs!
Mobile Experience and Customer Support: 4.65/5
There are a variety of banking options supported by EveryGame, including traditional and modern payment methods. Payouts are not the fastest but are usually processed within a few banking days.
Mobile Experience and Customer Support: 4.75/5
Even though they don’t have dedicated phone support, EveryGame’s customer service team is available via 24/7 live chat to handle any queries or issues users may have.
Mobile compatibility is quite good, too, ensuring an excellent betting experience on the go.
>> Get a $500 first deposit promo [EveryGame]
How We Ranked the Best Cash Out Betting Sites
Markets and Odds:
We looked at the variety of betting markets available and the competitiveness of the odds offered by each site. Sites that provide a wide range of sports and events to bet on and consistently offer high odds scored higher in our ranking.
Bonuses and Promotions:
The quality and value of promotions, such as deposit bonuses and risk-free bets, were also considered. Sports betting platforms that offer generous bonuses and regularly run promotions for existing customers were ranked higher.
Banking Options:
We evaluated the variety of payment methods available, their ease of use, and the speed of transactions. Sites that support multiple secure payment methods and process transactions quickly were given higher rankings.
Mobile Experience and Customer Support:
A user-friendly mobile platform and excellent customer service are essential for a great betting experience. Sites that offer a seamless mobile betting experience and provide prompt and helpful customer assistance were favored in our review process.
What is Early Cash Out & How Does it Work?
Cashout betting, also known as a Buy Out, is a feature offered by some sportsbooks that allow bettors to settle their bet before the event has concluded. This means you can get money back on your bet at any point during the event, not just when it ends.
The amount you receive when you cash out depends on the status of the game at the moment you decide to cash out.
This could result in either securing a profit or minimizing a loss prior to the end of the event. It gives bettors more control over their bets and offers an extra layer of excitement to sports betting.
Is Cashing Out a Bet Smart Thing to Do?
Cashing out a bet can be smart, but it largely depends on the circumstances and your wagering strategy. This feature provides bettors with the option to either secure a profit or minimize losses before an event concludes.
If your bet is currently winning and you’re unsure about the outcome of the remaining event, it could be wise to cash out and secure a certain return. Alternatively, if your bet isn’t performing well, cashing out could help reduce potential losses.
When Should You Cash Out a Bet?
Deciding when to cash out a bet can be a strategic decision, and it largely depends on the unique circumstances of the game and your personal risk tolerance. However, here are a few scenarios when you might consider cashing out:
- When you’re ahead but uncertain about the outcome: If your wager is currently doing well, but you’re unsure if it is a winning bet at the end of the event, cashing out could help secure a guaranteed profit rather than risking a potential loss.
- When your bet isn’t going well: If it’s clear early on that your bet is unlikely to win, you might choose to cash out to minimize losses.
- When the odds have shifted significantly in your favor: If the odds have changed drastically since you placed your bet, the cashout value may offer a substantial profit.
- When you want to reduce risk: If you’ve already won a significant amount and don’t want to risk losing it on the remaining games in an accumulator, cashing out could be a good option.
Best Cashout Betting Strategy Explained
A popular cashout betting strategy is to use it as an insurance mechanism. Place your bet on an event with relatively high odds. If the event starts going in your favor, the cashout value will increase.
At a point where you feel satisfied with the profit, you can choose to cash out. This way, you’re securing a profit without having to wait for the entire event to unfold. Remember, the key is to monitor the game closely and make an informed decision about when to cash out based on the progress of the event and the potential returns.
Why Is BetOnline the Best Cash Out Betting Site?
Beyond the early cash-out offer, BetOnline offers a string of betting features that make it stand out from its competitors. Here is the lowdown!
- Welcome Bonus of $1,000: BetOnline warmly welcomes new customers with an enticing bonus. Your first deposit is matched by 50%, up to $1,000. This offer is a splendid way to jumpstart your volleyball betting adventure and gives a significant boost to your initial bankroll.
- Enhanced Odds: BetOnline regularly provides increased odds for specific volleyball bets, presenting an opportunity to optimize your potential earnings. These enhanced odds can contribute significantly to your overall profit, especially for larger wagers.
- Premier Bet Builder: BetOnline equips you with a bet builder feature that enables you to craft your unique bet slip, amalgamating various volleyball matches or betting markets. This tool hands you full command over your betting tactics, letting you customize your wagers according to your predictions and gut feeling.
Why Should I Use Cash Out Betting Sites?
Using cash-out betting sites can offer several advantages if you take the right approach. Below are the key benefits.
- More Control Over Bets: Cash-out features give bettors more control over their bets. They can decide to end their bet early if they believe the odds have shifted out of their favor.
- Securing Profits Early: If a bet is performing well, bettors can use the cash-out feature to secure their winnings without having to wait for the event to finish and risk potential changes in outcome.
- Limiting Losses: Conversely, if a bet is not going as planned, partial cash-out allows bettors to reclaim part of their initial stake, thereby minimizing losses.
- Flexibility: Cash-out betting adds an extra layer of strategy and excitement, making the betting experience more dynamic and engaging.
Guide to Cash Out Betting Online: FAQs
What Are the Best Cash Out Betting Sites?
We found that the best betting sites for cash outs are BetOnline, Bovada, BUSR, MyBookie, and EveryGame.
What Types of Cash Outs Are Available at Betting Sites?
There are three main types of cash-outs available at sports betting sites:
- Full Cash Out: This is the most common type of cash out. It allows you to end your bet completely and take the current cash-out value being offered. The cash-out amount can be more or less than your original stake, depending on how likely your bet is to win at that point.
- Partial Cash Out: Some betting sites offer a partial cash-out feature, which allows you to cash out a portion of your bet while leaving the rest active. This way, you can secure a profit or minimize losses while still keeping a stake in the game.
- Auto Cash Out: This feature allows you to set a specific value at which you want your bet to be automatically cashed out. If the cash-out value reaches this amount, the system will auto-cash out your bet.
How is Cash Out Betting Different from Regular Wagers?
Cash out betting and regular wagers differ primarily in terms of control and flexibility.
When you place a regular bet, you’re locked into the wager until the event concludes. You’re predicting an outcome, and if it happens, you win; if not, you lose. There’s no option to change your mind partway through or adjust your bet based on how the event is unfolding.
Cash-out betting introduces a new level of flexibility. After placing your bet, you have the opportunity to ‘cash out’ before the event is over. The cash-out value offered by the bookmaker fluctuates as the event progresses, reflecting the current likelihood of your bet winning.
In essence, while regular wagers are static and unchanging, cash-out betting is dynamic and interactive.
Comparing the Top 5 Cash Out Betting Sites
BetOnline: Check out BetOnline – this is the best cash out betting site overall, known for its variety of risk-free bet stakes, along with a generous $1,000 welcome bonus that you can claim even before placing your initial bet.
Bovada: A highly versatile betting site offering over 30,000 daily markets. Bovada is also one of the best betting sites for crypto users, granting every new cryptocurrency bettor up to $750 in bonus funds.
BUSR: The leading horse racing betting site in the world, boasting over 300 racetracks from around the globe. New customers will get up to a $1,500 welcome bonus.
MyBookie: This is the No. 1 pick for prop wagers, offering upwards of 200 prop betting options per individual football bet in some cases. New customers receive up to a $1,000 first deposit bonus.
EveryGame: Looking for the best live betting website? Then check out EveryGame! Before placing your original wager, you can claim $500 in welcome bonus cash if using fiat or $1,000 if taking the crypto route.
How to Join Cash Out Betting Sites Online
All it takes to join cash-out betting sites and place a qualifying bet slip can be summed up in 3 simple steps. We’ll use BetOnline as an example, as it is our top pick today.
Step 1: Register Your Sports Betting Account
- Follow this link to visit the BetOnline sports betting site and click the sign-up button.
- Fill out the info required in the sign-up form.
- Accept the T&Cs.
Step 2: Verify Your Account
- The sportsbook will send you a verification code.
- Enter the code when asked and log in.
Step 3: Claim Your Welcome Bonus, Place a Qualifying Bet
- Enter the cashier section and deposit $55 or more with your preferred method of payment.
- Craft your original bet slip from the available betting options.
- Place your sports bet and have fun!
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Tips & Advice for Cash Out Betting Online
To get the most out of your early cash-out option, you will need to know what you’re doing by implementing the right strategy. Here are some of our top tips; you can apply them to full and partial cash-out, regardless of the overall odds.
- Track Your Wagers: Continuously monitor your ongoing bets. The cash-out value can vary rapidly, particularly in live wagering, so staying updated can aid in making prompt decisions.
- Strategic Use of Cash-Out: Utilize the cash-out feature as part of your broader betting strategy rather than on impulse. For example, you might opt to cash out early to lock in a profit if you sense a shift in momentum against your bet.
- Avoid Loss Chasing: Using cash-out to chase losses can invite risk. If a bet isn’t progressing favorably, sometimes it’s wiser to accept the loss rather than banking on an unlikely reversal.
- Think About Partial Cash-Out: If available, consider the partial cash-out bet settlement. This lets you secure a portion of your money while still maintaining a stake in the game.
Ready to Get Started at the Best Cash Out Betting Sites?
So, now you know what a cash-out option is, and you know the top betting sites where you can find it.
We’ll say once again that BetOnline is the best sports betting site with cash-out features, but you might also want to consider Bovada or MyBookie.
Whichever online sportsbook you opt for, just make sure to bet responsibly and don’t forget to have fun.
DISCLAIMER: The information on this site is for entertainment purposes only. Online gambling comes with risks. There’s no guarantee of financial gain, so you should only gamble with what you can afford to lose. All information on this site is for entertainment purposes only.
While gambling can be fun, it can also be addictive. If you or anyone you know suffer from a gambling addiction problem, we recommend that you call the National Gambling Helpline at 1-800-522-4700 to speak with an advisor. Please remember that our guides and all gambling sites are only for people who are 21+. Also, check with local laws to find out if online gambling is legal in your area.
For free online gambling addiction resources, visit these organizations:
