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.
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.
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.
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.
To execute a mobile cash out on your Betway betting slip, you follow the same general process as the one detailed above.
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.
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:
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:
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.
It is very easy to Cash Out, by simply clicking the Cash Out button displayed next to the market you are betting on.
Yes. Betway offer partial cash out on a range of markets, across a number of different sports, including football, cricket, tennis and golf.
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.
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.