UK betting sites with cashout 2025

What is cashout?

Cashout is a feature offered by many UK betting sites that allows bettors to settle their bets early, before the event has finished. The idea behind cashing out is to give bettors more control over their bets by allowing them to lock in a profit or minimise a loss depending on how the event is progressing.

When you place a bet, the odds and potential payout are based on the outcome of the event. However, during the event, circumstances can change. For example, if a football team you bet on is winning but you feel they might lose the lead later in the match, the cashout option allows you to take a partial payout based on the current status rather than waiting for the final result. The amount you can cash out will fluctuate based on the live odds and how likely it is that your bet will ultimately win.

Example of William a betting site customer using the Cashout feature below,

William places a £20 bet on Manchester United to win a football match at odds of 3/1. If Manchester United wins, he stands to receive £80 (£20 x 3/1).

During the match, Manchester United scores an early goal and takes the lead. The bookmaker adjusts the live odds and now offers William a cashout option of £50. This means he can lock in a £50 payout immediately, even though the match isn’t over. William has two choices:

Cash Out: He can take the £50 now, guaranteeing a profit of £30 (£50 - £20 stake), regardless of what happens in the rest of the match.

Let It Ride: He can leave the bet open and hope that Manchester United wins, in which case he would win the full £80.

If William decides to cash out and Manchester United eventually loses, he will have saved himself from losing his full stake. However, if they go on to win, he would have missed out on the full £80.