Quick takeaways from this guide
- Cash out feature lets you end a bet early to lock in potential winnings (partially or totally) or cut a loss.
- The best betting apps with cash out include BetMGM, bet365, Caesars, FanDuel, and DraftKings.
- As you use this feature, do note that it’s not a sure-win strategy, as cash out values vary with the games’ outcomes.
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BetMGM Review
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Understanding the cash out feature at sportsbooks
Imagine the hours spent reviewing the latest stats and head-to-heads between teams, and the struggle to select the right picks. Still, time and time again, you find yourself in a situation where your well-prepared wager isn’t going according to plan. That’s why top
betting sites
introduce this cash out feature.
So, what is cash out? Also known as early payout, this feature is an early bet settlement option that lets you get money back on your bets before the event ends. You can enable this option for pre-betting and live betting, to decide if you want to see the game through or just take home a portion of your potential winnings.
Cash out is often displayed as a monetary value (i.e., the amount of money you’d get back) just below your betting ticket. Before a game goes live, the sportsbook calculates a value offer, which is often lower than your original stake. This is made available in events where you want to change your mind about your selections.
When the game(s) go live, the sportsbook calculates the amount of money you’ll get back based on the chances of the bet winning. This offer may exceed the value of your original stake. It may also be less than your initial wager or be removed altogether. We’ll give an appropriate example of how this feature works.
How does the cash out feature work?
Suppose you were able to analyze the outcome of five basketball games and decide to run an accumulator bet. After careful analysis, you decide to wager on the overs market (the total points both teams will score in the match) for each match.
Let’s say you selected over 150.5 for all five games, meaning all games must have an outcome of at least 151 points for your bet to win. Then you make your picks and confirm them; you now have a running bet slip.
Assuming you wagered $100 and the total odds for the over 150.5 on five games are at 10 odds. That means your potential winning if all your predictions are correct is $1,000. Before the matchups begin, the sportsbook may display a cash out value less than your wager amount, say $90. Nothing much here, just in case you want to recall your wagers (you lose $10 in the process).
Now, all your games are live on a cool weekend. So far, so good, four of the five games had gone in your favor (they all hit above 151 points). It remains the fifth game. The sportsbook may provide a cash out value that exceeds your initial wager, say $760 (based on the correct outcomes of the first four basketball games).
If you’re content with the value offered, you may cash out, and your bet settles, regardless of the fifth game’s outcomes. But if you want to see whether your five predictions are correct, you can ignore the cash out value (you don’t need to press any button).
Now the fifth game is up; as it continues, both teams’ point guards are injured, and their subs (based on your stats) don’t have much attacking prowess. In fact, the total score at the end of the third quarter is 90. At this time, you may initiate a cash out because both teams may not be able to go above 150 points.
The value offered by the sportsbook may now change based on the likelihood of the fifth game having over 150.5 points (if it doesn’t occur, you’ll lose your $100 wager and any potential winnings). Whatever value is displayed, once you hit the cash out button, you lock in that amount. The bet settles, regardless of the fifth game’s outcome.
5 best online betting sites with cash out features
We’ve provided a table comparing some of the best online betting cash out platforms, so you know which to choose. It’s important to note that all listed sites may label this feature as “Early Cash Out,” “Early Payout,” or simply “Cash Out” on their platforms. They all mean the same thing.
Also, these
betting sites have live streaming
services that let you watch your games in real time either on their websites or dedicated mobile apps.
| Betting sites | Cash out available? | Partial cash out available? | Live streaming available? | Minimum deposit/withdrawals | Mobile app? |
| BetMGM | Yes | Yes | Yes | $10/$20 | Yes (iOS and Android) |
| bet365 | Yes | Yes | Yes | $10/$10 | Yes (iOS and Android) |
| Casears | Yes | No | Yes | $5/$20 | Yes (iOS and Android) |
| FanDuel | Yes | Yes | Yes | $5/$10 | Yes (iOS and Android) |
| DraftKings | Yes | Yes | Yes | $5/$1 | Yes (iOS and Android) |
Now, let’s review each of them.
BetMGM Pros & Cons
- Wide variety of betting options
- User-friendly mobile app interface
- Generous promotions for new users
- Extensive selection of casino games
- Limited availability in some states
Eligible states:
Arizona, Colorado, Washington DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, Nevada, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Virginia, Washington, West Virginia, and Wyoming.
This online sportsbook makes it easy to see when the cash out option is available, regardless of whether the game has started. Its mobile app is clear and easy to use. When you place a bet on your preferred game(s), simply go to the “My bets” section on your account to view the current value.
BetMGM covers a wide range of leagues and bet types, so you’ll often see cash out options on both single games and multi-leg parlays. You’ll also have two modes if you decide to settle your bets early:
- The manual mode, where you can cash out a potential winning at the moment you prefer.
- The Auto Cash Out mode, where you set a value that you would be happy closing your running bets. So, if your potential winnings reach this value, BetMGM will settle the bet and add the amount to your balance.
2. bet365: A global operator with extensive market coverage
Eligible states:
Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, and Virginia.
This is another bookie with quite a reputation. It offers an extensive range of soccer markets, so expect plenty of cash out options. Yet, that doesn’t stop you from betting on basketball, American football, Hockey, and many others. During our tests, we saw cash out buttons for both single bets and parlays.
And if you’re a very niche sports bettor (such as Badminton, Darts, Futsal, Winter Sports, and Gaelic Sports), it’d interest you to note that you can cash out on those events as well. The platform also has a partial cash out option, which lets you grab some returns and leave the rest to ride.
3. Caesars: Another trusted sportsbook brand with cash out features
Eligible states:
Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Washington DC, and Wyoming.
Caesars is a well-known brand among many US players, mainly for its rewards program, which you can exchange for exclusive privileges at its physical establishments. The cash out feature on this platform is straightforward and accessible via its mobile app.
For most major sports events (American football, basketball, Hockey, Golf, Soccer), you can cash out a winning bet or a parlay leg if you’re unsure about the game’s outcome during live play. The only issue we notice is that Caesars isn’t quick to update its odds on less popular or niche bets. Otherwise, it’s a solid sportsbook that covers many sports.
FanDuel Pros & Cons
- Seamless integration of sportsbook and casino
- Diverse casino game selection
- Frequent promotions for both platforms
- User-friendly and responsive interface
- High playthrough requirements on bonuses
Eligible states:
Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington DC, West Virginia, and Wyoming.
FanDuel is one of the biggest sportsbook names, and you can access it via its mobile app or website. Its cash out button is easy to find on open bets. FanDuel frequently displays a live cash out value during live games, allowing you to take advantage of that mid-game option. Cash out is available on select wagers and tends to be particularly generous for spread and total bets.
To cash out, tap the green Cash Out button in the My Bets section, then confirm. If accepted, funds will be added to your balance, and your bets will be settled. Interestingly, it’s among the
fast withdrawal betting sites
out there, so you can easily access your cashed-out funds as soon as possible.
5. DraftKings (DK): An innovative sportsbook with cash out features
DraftKings Pros & Cons
- Extensive daily fantasy integration
- Frequent promotions and bonus offers
- Highly competitive betting odds
- Wide variety of casino games
- High rollover requirements on bonuses
Eligible states:
Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, Washington, West Virginia, and Wyoming.
DraftKings is another top US sportsbook that many sports fans use frequently. This operator is one of the
low deposit betting sites
with cash out features ($5), which is great for players who stake low on games. The operator’s cash out works across a wide range of sports, and its app even offers partial cash outs and auto-cash out on parlays.
An interesting bit is that you can track your cash out amount updates in real time. The site combines sports betting with daily fantasy, so you get a lot of live stats and game updates.
Pros and cons of the best cash out betting sites
Below are the pros and a notable con we observed when reviewing these sites with the cash out feature.
Pros and Cons
- Cash out is available on several sports, including niche options
- Smooth in-play betting experience
- Strong loyalty program and promotions
- Not available in all US states
How to use the cash out feature
The exact steps vary on different platforms, but the idea is the same. Here’s a simple process you can follow on any of these best cash out betting sites.
-
Click the banners on this page to select your preferred sportsbook.
-
Begin your registration by providing a few basic details, including your name, date of birth, state of residence, email address, unique username, and password.
-
Read through the terms and conditions, confirm state availability, and submit.
-
Verify your sportsbook account by either clicking the link sent to your email address or the one-time SMS code sent to your phone.
-
Make a qualifying deposit and then visit the sports lobby to place your bets.
-
Watch the action via a live stream link in the sportsbook app.
-
Monitor your bets in real-time; if you want to cash out your bet, click the “cash out” button.
-
Your bet is finally settled, and potential winnings are added to your account.
Different types of cash out
Here are the different types of cash outs you’ll find at our recommended top betting sites:
Full cash out
This is the most popular type in sports betting. It allows you to end your bet at any time and receive a portion of your winnings. Many bettors often use this feature late into a game they have serious doubts over (remember our example?). Please note that the amount you cash out will be less than what would be returned if the bet finally settles as a win.
Partial cash out
This option lets you receive a percentage of your potential returns and let the rest run its course till the end of the game(s). If the bet ends up being a winner, you receive the remaining amount left on the bet. If it doesn’t win, the initial amount you cashed out remains in your balance.
Auto cash out
This type allows you to set the amount you wish to receive from a bet. Once the amount is reached, the sportsbook will automatically settle the bet, and you’ll receive your potential winnings.
Expert tips and strategies for cashing out at betting sites
Using the cash out feature can be enjoyable if you use it correctly. Below are some tips to help you do so:
During a live game or sports event, the odds of your bet will change, which directly affects the value of the cash out. So if you’re considering cashing out mid-game, monitor any changes and see how they’ll affect the cash out value.
📈 Understand the game odds
The higher the odds of your bet winning, the higher the potential value of your cash out, and vice versa. As you increase the odds, ensure you back it by strong analysis so you don’t get caught up waiting for an outcome that seems unattainable.
⏳ Use the auto cash out feature
Cashing out a potential winning is all about timing; it can change in value or disappear in seconds. That’s why we believe auto cash out could solve that issue. When you set the value, you’re happy to receive when your bet goes live; this feature will do the rest for you.
Register on any of these best sportsbooks and use their cash out features
Cash out betting sites give you extra flexibility to manage your wagers. We’ve covered how cash out works and highlighted some leading betting sites with this feature. Each sportsbook above offers a reliable early-payout tool alongside its regular betting options.
Interestingly, they also offer welcome bonuses and mobile apps to help you get started. Just ensure they are legal where you reside, and you’re of legal age. So, click the banners above to choose your preferred platform and explore its cash out feature.
Get off to a great start with these sports betting bonuses
1.
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Min. Deposit: 5
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5.
Best Alternative
Open DraftKings
FAQs about cash out betting sites 2026
💰 What is cash out?
It’s a feature a sportsbook offers that lets you settle a bet before the event ends. Instead of waiting for a final result, you accept a guaranteed offer (which could be more or less than your stake) based on current odds.
🔍 How does online cash out work?
Once you place an eligible bet, the site will show a cash out option (often in your bet slip or “My Bets” section). The cash out value updates in real time as the game progresses. If you tap it, the bet ends, and the cash out amount is added to your balance.
🏅 Which betting sites offer cash out?
BetMGM, FanDuel, DraftKings, Caesars, and even Bet365 offer cash out features in markets where they operate. Always double-check in the site’s help section, since availability can vary by event and state.
❗ Are cash out bets guaranteed wins?
No, this feature is used to manage risk and secure your bet’s current value. As such, it can reduce potential winnings or limit losses, depending on the bet’s outcome.
