Being able to cash out your accumulator bet in-play is a relatively new phenomenon but it’s one I know lots of punters are using… mainly because everyone on Twitter is constantly tweeting about whether they should or shouldn’t cash out their acca.
Cash out is so new that all bookmakers have not yet adopted it. It’s the aim of this blog post to cover which do and which don’t allow cashing out and to discuss exactly how it works and when you should or shouldn’t hit that cash out button.
List of Betting Sites That Offer Cash Out
How Does It Work?
Here is a simple breakdown of how a typical acca bet that allows a cash out option works:
1) You place your qualifying acca bet online or via your betting app with a bookmaker that allows a cash out option on acca bets.
2) You can immediately check if your bet qualifies for a cash out, by checking your betting slip. On Betvictor there is a section entitled “Bets That Can Be Cashed Out” under which all eligible bets are shown.
3) As the results for your selections start to come in and the situations change within the games you have bet on, the total amount you can cash out for will change to reflect these changing circumstances. The more results are going your way the bigger the cash out offer will be.
4) As a punter you can then weigh up the likelihood of all your selections coming in as the events are in process. If you feel that one selection is likely to let you down, then you can click on the ‘Cash Out’ option and take the amount offered.
5) If you choose not to cash out the bet runs out as normal and you need all results to come in to win.
There are some important things to note about cash out bets however and the first of these is to note that it is not available on all sporting markets (soccer acca bets however, generally are accepted).
Another issue to note is that if you click the cash out option as the market was suspended or as the odds changed, your cash out request may be unsuccessful. It is therefore important to double-check that your cash out request was successful.
Cash Out Strategy – When should you cash out?
The cash out option can be an absolute blessing at times, but if you jump the gun and accept the cash out offer when you are in a strong position, it can also cost you money… a lot of money.
Therefore, in order to maximise the benefits of the cash out option, you need to learn when and when not to use it and in short, there are three simple strategies you can follow to help you maximise the chances of making the right decision.
Here’s my take on when you should cash out and when you shouldn’t:
When the money matters too much
This is going to seem like a bit of an odd cash out strategy to suggest but it’s well worth considering.
Lets say you’ve done your weekend £10 acca and there’s 30 minutes left to go in all games. Your cash out sits at £150 and it’s the back end of the month so your skint. Can you really afford not to take the £150 on offer? It’ll pay for your night out, pay a bill or whatever and if you need the money you should take it.
I know this isn’t a ground breaking strategy but it is important – if taking the money can have a real positive impact on your life then you should take it.
The last 15 minutes of a game
How many times have you lost a bet to a 90th minute goal? The last 15 minutes of a game is a crucial time for cash out punters.
Keep a close eye on your teams. A two goal cushion for any team is fine to leave, but if you have a team away from home winning 0-1 against a bigger side or down to 10 men it’s a great time to hit that cash out button.
Make sure you examine your teams with a one goal cushion VERY closely before letting the bet ride.
The ‘risky’ final leg
Weekend acca’s on football are very popular and can often stretch from Saturday through to the Monday night game. So imagine how you feel having picked a nine team acca and seen eight come through the weekend’s game successfully and now you have Monday night’s game standing between you and a big payout.
In my mind this is one of the best times you can cash out. You’ve already secured a very good payout and you’re in a situation where you’re now risking a lot of money to win a little more. When there’s only £10 on the line losing isn’t so bad but when the cash out is in the hundreds and you’ve one game left that’s a lot of money on one game… more than you’d likely ever normally bet. Cash out.
In the end, when you cash out is very much down to the individual punter and how they hold their nerve, however these simple strategies can help you enjoy a higher percentage of better value cash out calls, than simply acting on gut instinct.