Does 1xBet provide a Cash Out option?
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Yes, 1xBet does have cash out available for its customers, however there is plenty of information that you are going to need to consider in order to use this bet resolution tool effectively on the site. In this post we will not only explore the Cash Out options available at 1xBet, but we will look at how you can find the bets that can be cashed out on the site that you have placed.
We’ll also look at the two cash out options available at 1xBet before finishing with some key tips for using the Cash Out feature most effectively.
What is Cash Out?
Cash Out is a feature that has become a popular addition at many online bookmakers, 1xBet included. It is a process by which the user can decide to end a qualifying bet that they have made early, either in full or in part. The bookmaker will offer the customer an amount of money to cash out either part or all of the bet, based on a number of factors.
As the bet progresses and aspects of the bet change - For example, on an accumulator bet, the customer may have the first three matches in their five-match accumulator win - then the amount offered as a Cash Out to the customer will also change.
Generally speaking, the more likely a bet is to win, the higher the cash out amount offered will be. The less likely a bet is to win, or the more issues a bet has yet to be resolved to decide if it will be a winner or not, then the smaller the cash out offer will be (for example, if just one leg of a five-fold acca bet has been decided and four games remain to be completed). Cash Out gives customers great flexibility with qualifying bets, but it is a tool which must be used prudently if the customer is to gain the most advantage from this particular feature.
Can all bets be Cashed Out at 1xBet?
As is the case with all other bookmakers that offer Cash Out to its customers, not every bet at 1xBet is eligible to be cashed out. It is more common for longer-term ante-post bets, or outright bets to be offered a cash out option, as well as bets with multiple selections, such as we previously mentioned regarding accumulator bets. However, the good news is that it is very easy to tell which bets can be cashed out at 1xBet.
How do I know which bets I can cash out at 1xBet?
If a bet can be cashed out, then it will be marked as such when you view the bets that you currently have running. You should also be able to see how much 1xBet have offered you as a cash out figure to settle the bet in full. If a bet cannot be cashed out then there won’t be an option to cash out the bet, or it may state that cash out is unavailable.
For some bets, only a full cash out option may be available. But for other bets a second type of cash out option, a partial cash out, may also be available. Let’s explore both of these cash out options at 1xBet in more detail.
What are the Cash Out options at 1xBet?
As mentioned above, there are two cash out options available. A full cash out, or a partial cash out. Let’s use two examples to show how each of these options work.
Full Cash Out
A punter makes a £10 five-fold accumulator bet with 1xBet and cash out is available. After his first three selections all win, he is offered a £15 cash out. The punter declines the offer but when his fourth selection wins, he is offered a £45 cash out to settle the bet now. The punter accepts the offer. The bet is cancelled and £45 is returned to the punter. This is how a full cash out works.
Partial Cash Out
A partial cash out works in a different way. With a partial cash out you only cash out a percentage of your bet, leaving the remainder of the stake on the bet. Using the example above of a punter who made a £10 bet on a five-fold accumulator, if the partial cash out option was available, after the fourth accumulator selection had won then the punter could do the following:
Accept 50% of the cash out on offer (£45/2 = £22.50) and cash out half of the stake on the bet £5. The punter would then receive £22.50 and half of the stake on the bet would be cashed out. However, the remaining £5 bet would remain on the fivefold bet and if the fifth selection were to win, then the customer would be paid out on the £5 stake remaining on the bet.
We have used 50% as an example here for ease of illustration, but customers can usually select what percentage of their stake they wish to cash out (10%, 25%, 40%, 70%, 90% etc) and whatever remains is what is left running on the original bet.
Partial cash out is a good option for customers. This is because it can guarantee them a profit by cashing out a percentage of their stake, while still allowing a percentage of their stake to remain on the original bet, offering them a chance to win that bet too.
Example : 1xBet offer a customer £45 to cash out their £10 accumulator bet (at odds of 100/1) after four legs have been won. The customer elects to cash out 50% of their stake (£5), meaning they receive £22.50 for cashing out 50% of the bet.
The remaining £5 remains on the original bet. If the fifth selection wins, then the customer would receive (£5 x 100) + £5 stake = £505 returns. If the fifth selection loses, then the customer would lose the bet but would still have made a profit with the £22.50 cash out of half their stake.
The key to good use of cash out and partial cash out is knowing when to use each option and using cash out at the right time, to maximise your cash out returns. Additionally, you need to minimise the chances of you cashing out too early and missing out either on a larger cash out offer, or seeing the bet win after you cashed out for a much smaller amount. Visit our 1xbet review to know in-depth the bookmaker! (sports available, payment methods)
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