Online Betting Sites With Cash Out

One of the most recent trends to come from the online sports betting industry is the 'cash out' feature. No, it has nothing to do with withdrawing your winnings to the bank. The betting cash out option allows you to call in your bets early before the match has finished, thereby locking in a win or minimizing a potential loss.

1. Online Betting Sites With Cash Out
2. Legal Online Betting Sites
3. Online Betting Sites With Cash Out Option Kenya

The world's largest betting site, bet365 was first with the Cash Out function and is still the best. The Cash Out function is available for all single and combination bets at bet365. The function applies to both pre-game and live bets. At bet365 you also have the opportunity to close bets partially which only a few other betting sites offer. List of Betting Sites in Kenya with Cashout. SportyBet Kenya Main Catch: Highest Odds with 1,000 KES bonus at signup, free deposits, cashout feature, & Easiest Jackpot in Kenya View Offer ». FREE Deposits and Instant Online Withdrawals. SportyBet Karibu Bonus worth 1000 KES when you first join.

Just this week, BetVictor announced that it will be joining other bookmakers that offer the early cash out option. That's what spurned the idea for today's post. Not all the big online betting sites offer the cashout feature yet, so I figured it would be helpful to give you some options if you are interested in adding the early cash out option to your arsenal.

Best Bookmakers with the Cash Out Option

How It Works

A cashed out bet starts like any other wager. You scroll through the list of markets, find a match, pick a side and place your bet. Normally, all you would do now is watch the match and hope you picked correctly. A bet with the cash out option never really closes; the odds fluctuate up and down as the match progresses. You can choose to cash out the bet at any time at the current odds.

These things are always best explained with an example. Let's say you place a £100 bet on Stoke City at 2/1 to defeat Liverpool today. If this bet wins, you will profit by £200. You like your odds, book the bet and then sit back to enjoy the game. There are basically two things that can happen from this point forward: you start to feel like a genius OR you start to regret your wager.

One thing that could happen is Stoke City get off to a strong start with a quick goal. You go and check your cash out page and see that you can now cash out your bet for £125 in profit. It's less than the original profit, but it guarantees a win. This is an option you might take if Liverpool look like they are about to rally a comeback.

Or, let's say Stoke City start off poorly and give up an early goal. The in-play odds suddenly jump up to 4/1 and you're feeling not-too-confident in your selection. Your bookmaker is willing to cash out your bet right now and return £40. It's a guaranteed loss, but it's better than potentially losing the whole £100 that you originally bet.

(These numbers are just completely made up by the way.)

In either case, choosing the cash out your bet results in the bookmaker immediately crediting the current value of the bet to your account. It happens instantly and you make a completely clean break with your old wager – no terms or conditions attached.

Is the cash out option a good deal?

I would say the cash out feature is neither good nor bad. It's a tool. Tools can be used for good or bad. And like any tool you would go buy at the store, it comes with a cost. Cashing out your wager never gives you the true, current value of your bet. You pay a premium in the form of vigorish.

Cashing out a winning selection early does not pay as much as as that selection is actually worth at the moment. The book is holding back just a bit off the true value in return for letting you get your money back right now. Think of it as a business transaction. You pay to break the contract early.

What I would not recommend is getting too comfortable with the cash out feature. If you use the feature constantly, you will surely lose out on value. You need to have a concrete, justifiable reason to close the bet early. Simply having 'a bad feeling' does not count.

If you don't know what to do, it's best to let the bet ride. If your team is ahead on points, they will probably stay ahead. That's why the in-play odds move even further in the winner's favour. Your default play should be to stick it out, endure the risk and collect the full value of your wager at the end of the match.

Most of the sports bettors we know like to see their winnings show up in their wallet as fast as possible. Placing bets at the top online sportsbooks is a fantastic option for you to turn to, as long as you are doing it at one of the most trusted sites.

Few things are worse than winning a bet, only to see that it is taking weeks for those funds to actually show up in your bank account. How do you know if the site you are betting on will transfer you your winnings in a timely manner? Don't you want to be able to avoid those headaches?

All you have to do is click on one of the sites we recommended for you above and you can start betting with confidence. Place your wagers knowing that when you make that right pick, you are going to get rewarded for it. Not just by money showing up in your online account, but by having no issues trying to transfer the money straight into your pocket.

We are going to talk about the different questions that come up and what to look for when deciding where to place your bets. Of course, telling you what sites to sign up on blindly wouldn't be fair, so allow us to explain.

Why Did We Choose These Sites?

This one is short and sweet. We take pride in making sure we don't endorse sites that our readers will be unsatisfied with — period. Your gambling experience is not to be taken lightly, and you deserve to bet on sites that take your business seriously. This is why we didn't just pick sites to list. 'Picked' isn't the right word because what we did was rank the sites based on their performance.

There are plenty of sites that have a wide selection of sports to bet on and that may even be really easy to use. Other sites have the most up-to-date software and always have a customer service representative willing and able to assist you with any questions. These are terrific factors, and we consider them all.

However, if you are placing sports bets at a site with which you can't be sure if and when your winnings will be credited to your actual bank account, then what's really the point in making the bets in the first place?

When we say 'legitimacy,' we are talking about a couple things. The sites listed at the top of this page have reliable methods to withdraw funds. These are also the sites with the fastest and most secure withdrawal processes the online sportsbook industry has to offer.

Online Betting Sites With Cash Out

We had dedicated individuals take the time to make sure these sites won't let you down. It isn't just about having loads of options to deposit or withdraw your money. We care about efficiency, and in this case, speed.

Have faith that getting your winnings off the site quickly won't be the issue. Picking the winners and turning your wagers into winning bets will be your biggest challenge!

Why Do Some Transactions Get Blocked or Take So Long?

Unfortunately, this portion of our segment on fast payout betting sites isn't always going to be in your control. What do we mean by that?

We mean that you shouldn't take it personally or think that it is your fault if a banking transaction is not being completed as rapidly as you think it should. There are times when the process of seeing your winnings 'actually come to life' doesn't go as smoothly as you had hoped it would.

The reason our team of industry experts created this page was so you can avoid these scenarios. Anyone who has bet sports over the internet before knows not every site will complete your requests for a withdrawal in a reasonable amount of time, if at all. This could be due to a few different things.

Some sites will tell you things they say in their 'Terms and Conditions' protect them from having to release your funds. Perhaps your bank does not accept checks or transfers from companies in a specific region. Nobody likes the fine lines and small print at the bottom of the page, and nobody wants to be surprised.

The great news is that we weeded out those 'bad apples' for you. The sites that will come up with excuse after excuse simply didn't make the cut onto this page.

The bad news is that sometimes the reason your payment gets 'held up' is because one of the 'less than reputable' third parties isn't adequate. Be careful in your future endeavors using payment processors you don't trust. Stick with the sites here and those troubles stay away.

Pick the Option That Works Best for You

Hopefully you are winning a bunch of bets and now you have to decide how you want to withdraw those winnings. We gave you a list of sites that offer dependable and efficient methods to do so. Which of those methods is the best isn't always a black and white answer.

Depending on exactly what your goals are, you may want to choose an option that someone else has no interest in. Take a look at what we mean and read a little about each of the common options.

Bank Wires

How long a bank wire takes from the time you initiate the request until it shows up in your bank and is available to spend can vary depending on your bank. This process can sometimes be completed the same day and in other cases may take up to 7-10 business days.

Credit and Debit Cards

Many people feel safe about using this option, as their credit and debit cards seem to never be farther away than an arm's reach. Expect to see your funds within a couple of days. Allow up to 5 days before worrying, but more times than not it will take less than that.

E-Wallets (Neteller, PayPal, Skrill, etc.)

These may just be the best and easiest way to transfer your money from your online sportsbook account directly into your wallet. The only problem is they may or may not be an available option to you depending on where you reside.

If the site you are betting at list one of these companies as an option, you have our blessing to proceed forward. You may see your money pop up in your account instantly, and it may take up to 3 days. Transactions using the e-wallets are protected and a smart decision to make.

Check

Believe it or not, but yes, people are still using paper checks today. Don't feel forced to select this option as it can take up to a couple weeks for the check to arrive via the mail. If you happen to be old-fashioned or not in a hurry, there is nothing wrong with this choice.

If you want to avoid waiting and walking into your bank with a check from a website they probably haven't heard of, we suggest sticking with one of the other options. They will be much faster and much more private.

Prepaid Debit Card

The prepaid debit cards can be great, but they can also present some drawbacks. In other words, there are some pros and cons. The pro is straightforward — the transaction happens immediately, there is no waiting, and there are no questions.

The cons would be that these cards can be capped with a limit. This means you may only be able to withdraw a portion of your winnings. If you want the remainder released from the site and into your bank account, you may have to purchase additional prepaid cards.

Betting Sites with Fast Payouts Reign Supreme

Let's just be honest here, ladies and gentlemen. Whether you need the money immediately or not, a site that is able to process your request for a withdrawal and act on that accordingly is the type of site you want to be associated with. They are undoubtedly the most professional in the industry.

If your boss only paid you your salary checks when he or she felt like it, it wouldn't be fair, and you would be ticked off. The online sports betting area should be no different.

If you are spending your time and hard-earned money betting on their sites, the least they can do is release your funds to you in a timely fashion.

Many of them will offer loyalty and VIP programs, and you will want to take advantage. The more frequent of a customer you are, the more the site will know and trust you. Don't think this means you will be treated 'any less' if you are a first-time bettor on their site. Those of you who have never placed a sports bet online before are equally important.

However, the fact does remain that if you have already bet money on their site before, you already have a relationship of sorts established between the site and your bank. Once you successfully withdraw money the first time, it is all smooth sailing from there.

To Summarize

Don't waste time exploring, hoping a new site you come across is going to keep your sanity in check when it comes time to withdraw your funds. Join the sites we listed at the top of the page and you will be in good hands.

Legal Online Betting Sites

We told you why we recommended the sites we did. In this particular page, we looked at the speed and safety of withdrawing your money as our main priority. These might not be the sites with the most prop bets for every single sporting event. But rest assured these are the sites that won't leave you hanging when it's time to press 'withdraw' and collect your winnings.

There are so many betting sites out there nowadays, you will inevitably encounter situations where the withdrawal process is taking longer than you anticipated, and frankly longer than you have the patience for. Due to some relationships between banks and casino operators as well as laws based on where you may live, some transactions can take longer than others.

This is why it is increasingly more imperative to be betting on sites that are completely trustworthy like the ones at the top of this guide. Once you arrive on the sites, you will be able to scan through multiple options for how you want to receive your money. Take the time and pick the most appropriate option for you based on your personal situation.

Online Betting Sites With Cash Out Option Kenya

That is all it comes down to, folks. We can't stress enough the importance of placing sports bets at sites that are going to pay out your money swiftly. We did the homework for you and gave you the sites. Now it is up to you win some games so you have some money to withdraw!