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Cash Out is a feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds change in or against your favor.Cashing out can be tempting because it lets you lock in a profit or mitigate your losses. Unfortunately cashing out your bet also has a negative ROI over the long run. Sportsbooks understand their customers can get trigger happy, so they make sure those early cash outs are much lower than they should be.
Cash Out is a feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds change in or against your favor.
Cashing out can be tempting because it lets you lock in a profit or mitigate your losses. Unfortunately cashing out your bet also has a negative ROI over the long run. Sportsbooks understand their customers can get trigger happy, so they make sure those early cash outs are much lower than they should be.
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Most sportsbooks make it quite easy.
1
Navigate to your desired game and bet type.
2
Click the "bet cell"
3
The bet will populate in your bet slip.
4
Enter your bet amount.
5
Submit bet.
You must be aged over 18 to open an account at the Sportingbet betting site.