What is Cash Out?
Cash Out is a product from Betfair that allows you to lock in a profit or loss before waiting for the event to finish.
Betfair do the maths to offer you a value in real time of your current bets based on the live market prices.
Using a single click you can cash out of all bets placed on a single market.
Cash Out is available on a wide variety of Betfair markets.
The Cash Out icon is displayed for the markets where Cash Out is available. Cash Out may not be available at times where there is low liquidity in a market.
Cash Out automatically places bets on the Betfair market to lock in a position. The Cash Out value shown is the minimum amount you would receive if you were to make a successful Cash Out.
Cash Out amounts are not guaranteed as they are based on live Betfair markets where prices are constantly moving. This means you may receive more than indicated, or your Cash Out may be unsuccessful or only partially successful.
If a Cash Out is unsuccessful or partially successful then we will offer you a new Cash Out amount based on your revised position and the current prices in the Betfair market.
Any reduction in exposure will be credited back to your account after placing a successful cash out, and any profit made on the market will be paid when the market is settled.
Betfair Counterparty Services Limited, Triq il-Kappillan Mifsud, St. Venera, SVR 1851, MALTA, is licensed and regulated by the Malta Gaming Authority. Licence No: MGA/CL2/294/2006 12 March 2013, and for customers in the UK, licensed and regulated by the Gambling Commission. Licence Number: 000-039439-R-319330-001.
Mini Games are provided by Betfair Entertainment Ltd and Betfair Casino Ltd, Triq il-Kappillan Mifsud, St. Venera, SVR 1851, Malta, which are licensed and regulated by the Malta Gaming Authority. Licence No’s: MGA/CL1/185/2004 1st July 2010, MGA/CL1/775/2011 26th June 2012, & MGA/CL1/294/2006 16th July 2012, and NetEnt Alderney Limited which is licensed and regulated by The Alderney Gambling Control Commission. Licence no. 84 C2, 1 October 2010. For customers in the UK Mini Games are provided by Betfair Entertainment Ltd and Betfair Casino Ltd, which are licensed and regulated by the Gambling Commission. Licence Numbers: 000-039426-R-319332-001 and 000-039435-R-319329-001.