BETWAY CASH OUT GUIDE (2022)

Betway is one of the newest of the big-name gambling companies in the European market, having been founded in 2006, but it has been remarkably effective at building a reputation as one of the most popular sites around. Much of Betway’s success has been in being able to offer customer-friendly tools and features, with the Betway Cash Out tool being just one example.

What is Betway Cash Out?

The Betway Cash Out tool is a feature that is available to customers who bet online. It was influenced largely by the success of the betting exchange model. These betting platforms made it possible for customers to back and lay the same bet in a single sports event, and this turned out to be extremely popular with punters. Naturally, bookmakers like Betway tried to emulate this success.

When you cash out early with Betway, it’s not exactly the same as a betting exchange tool, but it does give customers the chance to claim their winnings or to reduce their losses before a sports event has finished. Whether you opt for the full Cash Out or the partial Cash Out, Betway enable you to adjust your bets in order to adapt to the way that events unfold.

For each event that provides a Cash Out opportunity, customers are given the chance to close that bet while the event is live by claiming their Cash Out. The Cash Out figure will be worked out by Betway and it will change during the event, but it does give you an easy way to close out a winning position or to cut your losses, both of which can be extremely useful to the sports punter.

Do You Want to Join Betway?

Betway Sports £10 Welcome Free Bet
Betway Sports £10 Welcome Free Bet
Get £10 in Free Bets when you sign up as a new customer at Betway! To qualify, make a minimum £10 deposit to get a 100% matched free bet up to a...Show More
Get £10 in Free Bets when you sign up as a new customer at Betway! To qualify, make a minimum £10 deposit to get a 100% matched free bet up to a maximum £10. 1x wagering at odds of 1.75+ to unlock Free Bets. This promotion is valid for 7 days from your new account being registered. Payment method restrictions apply. 18+, full T&Cs apply. Show Less

What is Betway Partial Cash Out?

The bookmaking world has always been highly competitive and that is still the case, so bookmakers like Betway will constantly be looking for different ways to get the advantage over their competition. One of the changes that this bookie has introduced, in an attempt to attract customers, is the Betway Partial Cash Out.

In creating the partial Cash Out, Betway also followed the model of the betting exchanges, through which punters can both back and lay at different amounts. In the same way, the partial Cash Out on Betway enables you to tweak the amount of your Cash Out. 

When you use a standard Cash Out, you are effectively closing your whole position and ending the entire bet. With a partial Cash Out, you have the choice regarding how much of your bet to bail on. You can act on this by using a useful sliding scale tool that gives you the power to cash out up to 100%, or as little as 10%, of the full Cash Out figure that is offered by Betway.

This can be very useful, particularly in those cases when you are confident that your bet will be successful, but you would still like to take a small part of your winnings before the event ends. By using the slider, you can decide precisely how much you want to cash out. So, with this tool the Partial Cash Out in Betway is a good way to get more flexibility in your sports betting.

How to Cash Out on Betway

Betway-early-Cash-Out

Betway Cash Out is a handy tool, but it’s high time to look at how it actually works. If you haven’t used a Cash Out tool before, read on to find out more with our guide to both the full and partial Cash Out on Betway. 

Cash Out from the Website

  1. Make sure that the market you are betting on offers the Cash Out feature. You will find that the main markets usually do offer Betway Cash Out
  2. Make your bet and follow the event
  3. During the live event, you will notice the Cash Out button. You can also see that the Cash Out figure is adjusted as the event progresses
  4. To claim your winnings and Cash Out, click on the Cash Out button when available
  5. To choose a partial Cash Out, adjust the slider to the level of Cash Out you want
  6. There will be a small delay as the Cash Out amount is confirmed
  7. The Cashed Out money will then appear in your Betway account. 

Cash Out from the Mobile Website and App

To execute a mobile cash out on your Betway betting slip, you follow the same general process as the one detailed above.  

  1. Make your bet on the Betway mobile site
  2. Check your bet on the Betway betting slip. Ongoing bets that have a Cash Out option will be clearly marked amongst the bet details 
  3. Click to open the betting market, then hit ‘Cash Out’
  4. The Cash Out amount will be added to your Betway account after a short delay

Betway Cash Out Terms and Conditions

As you might expect, the Betway Cash Out offer comes with a handful of terms and conditions attached. These are the key points to be aware of when it comes to the Betway Cash Out rules:

The limit to Cash Out availability is common to most bookmakers, and although this can be frustrating, it doesn’t significantly restrict your options to Cash Out early with Betway, as this is usually offered on all the key events and markets, particularly with football betting. 

Elsewhere, a Free Bet is a common reward for new customers who register for a Betway account, as a type of Welcome Bonus. These offers usually involve a few terms and conditions of their own, so it is not that surprising to find Free Bets being incompatible with these Cash Out promotions. 

Finally, the short delay that occurs before you claim your Betway Cash Out offer is also standard across the industry. The Cash Out feature usually works in live matches, and as the event unfolds, the price may not be reflective of the current state of play, hence the slight delay. That’s why it is important to move quickly when you want to claim a Betway Cash Out.  

New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ BeGambleAware.org Full terms apply.

What Sports Markets Does Betway Cash Out Apply to?

You will find that the Betway Cash Out offer isn’t applicable to all sports. Here are the main markets, however, that will indeed give you the Cash Out option on Betway:

Betway Cash Out Suspended

From time to time, the Betway Cash Out facility is suspended, which can be a cause of frustration for punters. Here are the main reasons for Cash Out suspensions:

Final Thoughts

The Cash Out tool has been a welcome addition to the betting experience for a while now, and Betway provide a good example of how this feature can add value to their platform. 

As with any betting tool, there are advantages and disadvantages to using Betway Cash Out. As long as you are aware of these going in though, you should find that the ability to Cash Out early with Betway is a useful way to boost your sports betting strategy.  

💰Full List of the Cash Out Betting Sites for the UK Players >>

FAQ

How can I cash out on the Betway app?

It is very easy to Cash Out, by simply clicking the Cash Out button displayed next to the market you are betting on. 

Does Betway have partial cash out?

Yes. Betway offer partial cash out on a range of markets, across a number of different sports, including football, cricket, tennis and golf.  

Why is my Betway cash out suspended?

The Cash Out feature can be suspended for a variety of reasons, including a significant change in the score of an event, or issues regarding the market.

How do I activate my Betway cash out?

You can activate the Betway Cash Out by selecting the Cash Out button. The relevant Cash Out figure will fluctuate over time, but once you have chosen to cash out, the amount of the Cash Out will be credited to your account following a short delay. 

Top Cash Out Bookmakers:

1

MIN. deposit : 10

Very well-regarded bookie

Fantastic range of offers

For new customers only - Bet £10 & Get £50 in Free Bets for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
2

MIN. deposit : 10

New OddsBoosts each day

Bookie & betting exchange

New Customer offer. Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly
3

MIN. deposit : 10

Excellent track record

New Bet Boost each day

New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below.
4

MIN. deposit : 20

Huge range of promotions

Daily Power Prices

New customers only. Place your FIRST bet on any Football market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply.
5

MIN. deposit : 5

Famous Free Bet Club

#BetYourWay for football

New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ BeGambleAware.org Full terms apply.
6

MIN. deposit : 5

Free daily odds boost

Highly prestigious brand

18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply,
7

MIN. deposit : 10

#PickYourPunt bet builder

Solid Acca Insurance deal

New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. Terms & Conditions Apply
8

MIN. deposit : 10

Deep in-play section

Widespread racing streams

*New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org
9

MIN. deposit : 10

Up to 77% acca boost

Speedy cash out tool

18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible. Neteller,Skrill and Paypal not eligible. T&Cs apply
10

MIN. deposit : 5

Extra places and BOG

Correct4 football game

18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 4 days, stake not returned. No cashout, restrictions + T&Cs apply.
11

MIN. deposit : 5

Horse racing Bet Boosts

Solid football bet builder

18+ New Customers only. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days. Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250. PayPal and Card Payments only. Geographical Restrictions and T&Cs Apply, See Below. Please Gamble Responsibly.

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