BETDAQ Cash Out offers you the ability to settle part or all of your bet before events have completed allowing you to secure a profit or minimize your losses depending on how your bet is doing.
What Is Cash Out?
The Cash Out facility allows you to settle your bet before the market/event you bet on has been completed. This lets you secure a profit or minimise your losses if your selection is doing well or badly. The bet will be settled at the Cash Out price which is different to the original price you took; this is calculated using a formula relating to the price at the time of the bet and the price at the time of the request to cash out.
Cash Out is available on a wide variety of markets, both pre-match and in-play. Any bets where Cash Out is available are listed in the Cash Out homepage. A slider is also available to either take the full amount offered or to partially Cash Out and leave the remaining amount to run.
How Do I Cash Out?
To Cash Out the full value of the offer click the ‘Cash Out’ button when the slider is at 100%. To cash out only part of the bet, use the slider to select the amount you wish to cash out for the amount remaining on the bet will recalculate accordingly. Then click the ‘Cash Out’ button to receive the partial cash out back into your account and leave the remaining amount to run at the original odds.
If your Cash Out is successful you will a ‘Success’ message and the amount will be credited to your account immediately. If your Cash Out is not successful, you will be notified and a new Cash Out offer will appear.
Bets should not be placed under the assumption that they can be Cashed Out at a later time. Cash Out offers are not guaranteed and the Cash Out functionality may be suspended.
You can partially Cash Out as many times as you on a bet, providing that the Cash Out button is available.
Is Cash Out Always Available?
The Cash Out facility is an added service and you should not place bets under the assumption that you will be able to later cash out on your bet.
Cash Out is not available on bets placed at SP or bets placed in Each Way markets.
BETDAQ have the ability to withdraw the Cash Out functionality at anytime across any market regardless if ‘Pre Match’ or ‘In Running’
How Will I know if Cash Out is Available on my Bet?
You will always be able click on the Cash Out page to view all of your bets that are available for cash out. If cash out is not available you will be shown a ‘Cash Out is Unavailable’ message. This will update automatically as and when cash out is available to you.
Cash Out can be unavailable for a number of reasons including, but not limited to:
- The bets contain markets that are not eligible for Cash Out.
- One or more of the markets in the bet is suspended
- A free bet has been used to place the bet
- The bet has been used to trigger a free bet or promotion
- The Cash Out value would be £0
- We decided not to offer Cash Out at the time