Betfred 'CashOut' Explained
- Look for a 'CashOut' icon in the betslip
- Click it to cash out winnings bets...
- Before they turn into losing bets!
Betfred offer members the chance to 'CashOut' and end winning bets early so that you can take profits that winning bets are generating before they lose!
Introducing Betfred 'CashOut'
It's called Betfred 'CashOut' and is another example of a bookmaker looking to add value and functionality to the sports betting options they offer members.
With Betfred ‘CashOut’ you no longer have to wait for your bet to finish to pocket the profit. Simply choose the bet you want to ‘CashOut’ and you'll get paid out.
Betfred offer a 'CashOut' option on selected football, racing and golf betting markets, so head over to Betfred.com to place a bet with the option of cashing in before the bet ends!
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How to 'CashOut' at Betfred
Betfred's ‘CashOut’ feature works in a similar way to other online bookmakers cash out functionality in that it let's you end certain bets with just a click or tap.
Like other bookmakers, Betfred offer you a settlement figure mid-bet when you click the 'CashOut' button which you can then either accept or decline.
Step-by-step guide explaining how to 'CashOut' at Betfred:
- Register a new account or login at Betfred.com
- Look for the 'CashOut' icon next to bets that you'll be able to cash out
- Place your bet in the normal way
- Select the 'CashOut' button under the Betslip
- A list of the bet's that you can 'CashOut' is shown
- Click 'CashOut' on one to see the cash out figure
- Click 'Confirm' to accept the early settlement
- Decline Betfred's offer if you want to wait it out
As you can see the Betfred ‘CashOut’ offer is pretty straight forward and it’s a great way for you to pocket some profit without having to wait for your bet to end.
In so many cases a winning bet can lose in the last few minutes, but as we've explained above, being able to 'CashOut' and eliminate the chances of you not winning anything.
Being able to 'CashOut' at Betfred is great when it comes to ACCA's as we all know how often you get all of the legs correct right up until the last one!
Betfred 'CashOut' Example Bet
To explain how Betfred 'CashOut' works, we've used a four-fold ACCA as an example. Let's say that we bet on Man City, Leicester, Spurs and Arsenal all winning.
The option of cashing out the ACCA early will be available once the first game kicks off.
Man City and Spurs have an early kick-off at 12.00 and they both easily win their games.
Leicester then kick off at 3.00 and they also bag a victory, however Arsenal are facing a late kick off of 5.00pm and are playing Chelsea away.
The last game in your bet is the Arsenal match, but you’re not sure that they are going to win as they've had a couple of last minute injuries to key players.
You decide to check out the 'CashOut' settlement figure that Betfred are offering.
It's a decent amount and so you decide to take your winnings early rather than wait for the Arsenal match to kick off and for your winning bet to potentially turn into a losing one!
Not Signed Up To Betfred?
As with all of Betfred's betting offers you'll usually need to have signed up for an account at Betfred.com to order to be able to 'CashOut' a bet.
If you aren't a member yet then great, as you get to claim the signup offer that Betfred reward all new account holders with:
Not sure that Betfred's the best bookmaker for you? Check out the rating that we gave them below or compare bookmakers before you signup.