Of course this is not usually the offer made by the bookmaker. “Fair” Cash Out value=potential winnings/current oddsįor the Barcelona example “fair” Cash Out value would be: Ignoring the fact the bookmaker’s margin has been added to the odds already, a “fair” Cash Out value can be calculated by dividing the potential winnings of the bet by the current odds available:
How is Cash Out calculated?Ĭash Out is calculated by using the potential winnings from a bet alongside the current odds you would receive if that bet was placed now.įor example if you have a €10 bet on Barcelona to win a match at odds of 4.0 and they are leading at halftime the new odds on them to win the game may be 2.0. It is a popular option among recreational bettors as it eliminates the chance a bet will return nothing, however it is usually not the optimal option. Cash Out is a facility provided by some bookmakers which allows a bettor to immediately take a guaranteed amount of money in exchange for closing their bet before it is settled.
