Every punter has a different favourite betting site when placing wagers on sportsbook related markets. This depends on a range of factors, including payment method restrictions, what counts as a qualifying bet for a bonus, the many and varied betting markets open for speculation, and how quickly they can expect bet settlement following a winning wager.
Different features also play a big part, though, such as cash out. How does the Betvictor cash out feature compare to the best betting sites on the market?
- 1 What is Betvictor Cash Out?
- 2 What is Betvictor Partial Cash Out?
- 3 What are the Benefits of Betvictor Cash Out?
- 4 How Does Betvictor Decide on Cash Out Value on a Qualifying Bet?
- 5 How to Claim Betvictor Cash Out
- 6 Summary of Betvictor Cash Out
- 7 Other Betting Sites With Cash Out Feature
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What is Betvictor Cash Out?
Cashing out on Betvictor allows you to end your bet early if you’re winning, accepting a smaller pot of winnings in exchange for a guaranteed payout. It’s most popular in football match betting, but can also be used in horse racing, basketball or tennis betting markets.
Each of these sports markets have different rules and regulations surrounding cashing out. In horse racing, for example, the bet credits stake must be on an outright winner. You can cash out, at reduced odds, if your horse is leading mid-race but losing ground. In basketball, the most popular cash out option is total points. In tennis, you can cash out on bets placed in overall match winners and set winners.
Cheltenham is a big racing event, you can learn about Betvictors Cheltenham offers here!
As discussed, though, it’s football bets where cashing out really stands apart. You may want to place a comparatively straightforward punt, such as Chelsea to beat Manchester United in a Premier League game. Let’s imagine that you do so, at a rate of £10 at odds of 3-1.
As the game progresses, these odds will shift based on what is unfolding on the pitch. If Chelsea score three times without reply in the first half, they’ll likely be evens or odds-in to win according to the live odds. There is no point in cashing out. If they are nervously holding onto a 1-0 lead with five minutes to go though, having had a man sent off and their best defender stretchered off injured, you could be increasingly nervous.
In such a scenario, would you accept adjusted odds of 2-1, meaning a payout of £20 (plus your stake returned) is guaranteed? If so, cashing out is the way to go. You can also apply the cash out to a range of other football betting markets, including both teams to score in a match or a cup game going to extra time and penalties.
You can cash out on various bet types with Betvictor – the offer does not apply to only single bet arrangements, but single or accumulator bets. Maybe, as part of your football bets, you have placed numerous accumulator bets. If your theoretical winnings are piling up but you’re worried that one team may let you down at the end, check the amended acca selection odds and cash out if they’re appealing.
Also, be aware that some deposit method restrictions apply – you may not be able to cash out if you used an eWallet service to place your punt, for example – and free bet credits cannot be used in conjunction with cash out. New customers may receive up to £30 in free bets from this bookie, but these wagers will need to run their course. Free bets expire, though, so do not wait too long!
What is Betvictor Partial Cash Out?
Partial cash out takes the fence-sitting of standard cash out one step further. If things play out in the scenario we described above, a Chelsea fan may be equal parts hopeful and pessimistic. Partial cash out means that both sensations can be embraced.
Half (or more, or less) the original bet credits stake can be left on the bet at the original odds, and the rest can be cashed out. This way, if Chelsea crumble under relentless pressure and concede, failing to win the game, the partially cashed out bet offers some winnings as a crumb of comfort. If they manage to hold on and win, both bets pay out.
Does Betvictor Do Partial Cash Out?
Yes, punters are welcome to take their chances on a partial cash out when wagering with Betvictor. If you’re on Betvictor, look for the bank my stake button. Slide the stake contribution that you’d like to partially cash out (the usual Ts and Cs apply here – you cannot use free bet stakes for partial cash out any more than you can for full) and wait for the results.
What are the Benefits of Betvictor Cash Out?
Cashing out with Betvictor ensures that you can maintain control over your betting, live and in play. You can watch events unfold, whether that’s as part of a football match or during horse racing, or in a tennis or basketball game.
Cash out is beneficial as it prevents you from losing everything in a moment. The beauty of sport, from football matches to horse racing, lies within its unpredictability. What looks like a forgone conclusion can change in the blink of an eye. If you cash out early your winnings may not be as high as they could have been – but the same also applies to your losses. Understanding when to take a chance and when to cash out can be a key element of responsible gambling.
Remember that only deposits made with a cash equivalent, such as a UK debit card, will allow you to cash out – free bet stakes will not entitle you to a cash refund. Credit card payments are also illegal for UK customers who frequent betting sites. Stick with debit card deposits to remain on the right side of the law.
Also, please gamble responsibly – cashing out does not nullify the fact that you’re betting, and you may still need to cool off if your bet loses or wins. Cashing out does improve your chances of walking away from a wager with money in your Betvictor account, though.
How Does Betvictor Decide on Cash Out Value on a Qualifying Bet?
The wager deposit you made when deciding to place a punt with Betvictor is unlikely to be the same as the odds offered when you’re considering cashing out. That is to be expected – like all betting sites, Betvictor updates odds on sporting events in real time, depending on what is happening in play.
The odds that you’ll be offered when looking to cash out will depend on the state of the event, and your first qualifying bet. Imagine that you bet early, placing £10 on both teams to score in a football match at odds of 6-1, hours before kick-off.
The game is now an hour in, one team has taken the lead, and the other is pounding on the metaphorical door looking for an equaliser. It seems to only be a matter of time before this second team scores themselves, so the cash out odds may drop to something like 1.5-1. Alternatively, if this team having a bad day and stinking out the stadium, their odds may lengthen.
You will not earn more by cashing out in this instance, and you cannot exchange bets for a punt with more favourable odds. Even if the odds on both teams to score have risen to 8-1, your winnings will be capped at £60. You may still choose to cash out early at a favourable rate of, say, 5-1, though. After all, in a low-scoring game like football, anything can happen.
At Betvictor, you can get the best odds guaranteed deal, which is incredibly popular!
How to Claim Betvictor Cash Out
If you’re keen to make the most of the cash out option with Betvictor and bank your qualifying bet settlement, just sign into to the website or mobile app. Look up your bet slip and seek the Cash Out button, which will appear next to any eligible punt.
If you’re sure you want to take the hit and cash out – remembering that there is no turning back – push the button and enjoy your winnings. If you cannot find the option to cash out, the explanation is likely one of the following:
- You used a free bet stake. While Betvictor offers plenty of initial bonus offers to new customers, such as £20 in free bets. Some even get £30 in free bets plus a casino bonus. These bet credits cannot be cashed out on in play betting markets, though
- You used one of the payment methods excluded by Betvictor. Always check which Ts and Cs apply when topping up your account, as certain deposit methods will always result in restrictions. If in doubt, rely on card payments as your payment method
- The minimum odds on the event make cashing out impossible – perhaps you do not have a stake contribution equal to the minimum requirement
- You did not place a bet on an event that supports cash out. Remember, the only betting markets that Betvictor allows cashing out on are football match betting, horse racing, tennis and basketball
Summary of Betvictor Cash Out
There is plenty to love about Betvictor as a betting site and app for UK customers, with the cash out feature offered by this bookie another winner The site supports a range of bet types, and does not making punters wait if they wish to withdraw funds after cashing out early.
Betvictor helps anybody make the most of the football, basketball, tennis and horse racing betting market through the cash out feature. You’ll need to make sure you check which Ts and Cs apply to a qualifying deposit as payment restrictions apply, and please gamble responsibly. If you do so, you can enjoy a fun betting experience with Betvictor.
- More control of your sports bets
- No cash-out options free bet offers
Other Betting Sites With Cash Out Feature
Here is a list of other betting sites with cash-out special features.
All the sports betting brands also have a partial cashing out facility (aka partial cash in my bet).
The various online bookmakers accept cash in your bet options for single and multiple bets which could be placed on horse racing, a football bet, or any other sports bets events but please be aware to check out the betting site terms and conditions for each brand.