Which sports betting sites offer Cash Out In the US in September 2024?
Find below the sports betting sites that offer Cash Out in the US in September 2024.
Bonus up to : $200
Bonus up to : $250
Bonus up to : $1000
Bonus up to : $1500
Bonus up to : $100
New customers only | Commercial content | 21+ age limit | T&Cs apply
Cash Out is a handy option which allows you to either limit losses or ensure possible gains. Several sports betting sites offer this service in September 2024 in the US, to the delight of bettors.
But concretely, how do we classify sportsbooks on the subject of Cash Out? On which sports can it be used? What are the different Cash Out options? We give you the answers on this page.
Why choose a sports betting site that offers Cash Out?
Cash Out has become essential for any bettor on sports betting sites in the US. An offer that allows you to take total control over your bets. Thanks to the Cash Out feature, players limit their losses and maximize their winnings.
Cash Out to limit your losses
The first major benefit of Cash Out is obviously to limit your losses. As mentioned above, the option allows you to withdraw part of your bet, if the match you bet on takes a turn for the worst.
In exchange for a small part of the initial stake (e.g. $5 out of $20), any bettor can limit damage and avoid losing everything. Let's illustrate the maneuver with an example of a match between the Chiefs and the Raiders, on which you would have bet $50 on a logical victory for the Chiefs.
Unfortunately for you, the Raiders came out flying with a kick-return, a couple of turnovers, and Patrick Mahomes comes limping out of the game in the first quarter. The problem: nothing is going as planned, and you feel that your $50 bet may well turn out to be a loser. This is precisely where Cash Out comes in handy.
By accessing the Cash Out section of your selected sportsbook, you will be able to withdraw your current wager, with the aim of not losing all of it. Of course, the sportsbook will keep a small part of the wager (eg: $15 out of the $50), but at least you won’t lose it all!
If the amount does not suit you and you think the Chiefs can win, you can refuse this Cash Out anyway and leave your stake in play. It's up to you.
Cash Out to ensure your winnings
The second advantage of Cash Out is the assurance of potential winnings. Let's explain.
Thanks to the famous Cash Out option, you will also be able to secure probable winnings, in the event that a temporarily winning bet risks ultimately turning out to be a loser. Let's take the example of the match between the Chiefs and the Raiders, this time let’s say you bet $50 on the surprise victory of the Raiders (odds of +300).
Against all expectations, the Raiders lead 21-3 at half-time, giving you virtually $200 in winnings ($50 x odds of +300). However, you are not fooled, the Raiders may be in the lead but momentum is shifting and the Chiefs are mounting a comeback effort. Your bet, which is winning for the moment, may turn out to be a loser so you smartly head to the Cash Out section of your sportsbook.
In this case, the sportsbook in question offers you an amount lower than your potential winnings (eg: $130 in winnings instead of $200), but which you can secure and block instantly by withdrawing your stake.
Do you accept Cash Out? You did well, the Chiefs ended up winning 28-21, so you win $80 net rather than having lost your $50 bet. Another nice use of the Cash Out option.
How does SportyTrader rank the best US sportsbooks for Cash Out?
We consider multiple criteria to determine our ranking of the best sports betting sites offering the Cash Out feature. We present the main ones to you below.
Cash Out options (total, partial, auto)
There are several Cash Out options. In addition to total Cash Out, which remains the most used option, we find partial and automatic Cash Out.
Obviously, a sportsbook that offers several of these possibilities maintains a clear advantage over the others in our ranking. In doing so, they’ve fully covered their customer’s bets.
Total Cash Out is not very difficult to understand. The bettor sells his entire initial stake for a certain amount. Once the operation is validated, the Cash Out winnings are directly credited and the bet is no longer in progress. Whether he wins or loses afterward, it no longer matters.
For partial Cash Out, the situation is a little different. The player decides to sell part of his bet, but keep the other part alive.
This can be an excellent alternative when a bet with high odds is off to a good start, but you don't want to take the risk of not having any winnings.
Last solution available: Auto Cash Out. In this case, the bettor indicates the value to be reached to trigger a possible Cash Out. When this value is reached or exceeded, Cash Out is carried out automatically and the amount is credited to the player's account.
Sports available for Cash Out
The sports offered remain almost the same on the different sports betting sites. Sportsbooks do everything to make their customers smile. Given it’s popularity, they offer Cash Out for a large number of sports.
The most popular sports, such as football, tennis or even basketball, can benefit from Cash Out. However, it should be understood that not all bets are necessarily eligible.
For football or basketball for example, player performances cannot result in a Cash Out. Let's say you played a basketball player who scores at least 20 points. There will not be the possibility of using Cash Out before the end of the meeting.
Other sports such as baseball, soccer, handball, boxing, rugby or even volleyball allow you to use Cash Out.
However, this is not the case for all sports. It is, for example, not possible to benefit from it on cycling, Formula 1 or even golf. The more sports available for Cash Out with a sports book, the high we rate them, plain and simple.
Cash Out amounts offered
Obviously, the amounts offered during a Cash Out are not determined randomly. These amounts come from a mathematical calculation carried out by the sportsbooks.
For the same bet, they are not necessarily the same from one operator to another. In our ranking, the sportsbooks who are the most generous are therefore favored. Even if this truth also depends from one sport to another.
Regarding these proposed amounts, we remind you that the closer the bet is to passing, the closer the Cash Out amount is to the potential winnings. Otherwise, when a bet is close to being lost, the amount is smaller and only allows you to recoup a part of your initial wager.
The speed of updating the Cash Out amount
Those who are used to taking advantage of Cash Out must already know this. Often times, Cash Out will be unavailable when an important event happens in one of the selections of your bet.
This may be the case when using VAR in a soccer match or even a challenge for an NBA match. An event of play can considerably change the amount to be obtained during a Cash Out. Sportsbooks therefore take advantage of this moment to update it.
Operators who tend to play Cash Out sums more quickly can only have good points in addition. Players then have the opportunity to benefit from it much more often, which is important in the field.
Intuition and how to Cash Out
This is factor is key! The sportsbook must allow players to use Cash Out very easily. Even novices should be able to do it, without getting too lost.
Generally, it is possible to use Cash Out by directly accessing your current bets. Here, players can find the available Cash Out and click on it to collect it.
Ease of use of the Cash Out feature is one of the most important factors in our ranking.
On which sport can you use Cash Out with sportsbooks in the US?
Would you like to have a more precise idea of the sports that are available at Cash Out in the US? Here are the disciplines where Cash Out seems essential during your adventure as a bettor:
- Football
- Baseball
- Tennis
- Basketball
- Volleyball
- Handball
- Rugby
- Boxing
- Badminton
- Soccer
- Ice Hockey
No matter which sportsbook is in our ranking, each offers its players most of these major sports for use. Just to please everyone.
Do sports betting sites offer Cash Out on long-term bets?
Generally, Cash Out is offered on outright bets, understand the bets au long term. Let's take an example: you played in Real Madrid's Champions League victory at the start of the season.
Madrid reached the semi-finals but are not in great form and have struggled to get to this stage of the competition, and you want to use Cash Out. It is then possible to do so, with the majority of sportsbooks.
You will note here again that not all sites necessarily offer it, and that it will vary from one bet to another. To be sure to offer you the best possibilities, we advise you to opt for the first operators in our ranking.
The best sportsbooks for Cash Out in September 2024
More and more sportsbooks are offering the Cash Out in the US. Here are the best ones to take advantage of, in September 2024.
- FanDuel
- DraftKings
- Caesars Sportsbook
- BetMGM
- BetRivers
No matter which sports betting site you choose in our ranking, you are guaranteed to benefit from the Cash Out option.
We of course advise you to favor the best rated by our team, but all of them deserve your interest. Ranking reviewed at the beginning of September by our specialists.
