Cashout
Cash Out allows you to take an early payout on your bets
before they are settled, meaning you are able to get money back before the
event is over and your bet is ultimately resulted. You’ll either make a profit,
or get a portion of your initial bet back, depending on how your selection is
doing at the time of your taking up the Cash Out. The amount you will be
offered will reflect in your My Bets tab and will be based on the actual odds
at the time you chose to look for a Cash Out offer. The amount on offer will
never be more than the total potential win of the betslip. Cash Out allows you
to:
- Pay
out a portion of a bet before it is settled
- Reduce
your risk and collect some winnings if you’re concerned about the
remaining time in an event, or your selections in your Multi Bet not going
your way
- Cancel
your bet before kick-off and receive a portion of your bet back if you’ve
changed your mind
Examples: Single Bets You place a
Single Bet of 10 on Team 1 to beat Team 2 at odds of 1.8 (where you stand to
win 18):
- Team 1
scores to lead 1:0 – this increases the chance of you winning your bet, so
we may offer you a Cash Out of 14. You can either choose to take the 14
(your bet, plus a profit of 4) or wait until the end of the game and hope
that Team 1 goes on to win and you win the full 18.
- Team 2
scores first to go 0:1 up – your bet is less likely to win. We may offer
you a Cash out offer of 6, meaning you can either accept the Cash Out
offer and get 6 back, or stand the chance of losing your entire 10 if Team
2 go on to win the game.
Multi Bets You place a Multi Bet of 5 games to
the value of 10, with total odds of 3.5 (where you stand to win 35):
- You
win the first 3 games but are unsure of your selections in the remaining 2
– depending on the odds at the time, we may offer you a Cash Out offer of
22. Your options are to either cash out before the last 2 games start,
having won an extra 12 off your initial bet, or hope the other 2 events
win and claim the full 35.
- You
could also wait for the remaining games to begin and check to see if a
Cash Out offer is available mid-game, depending on what is happening in
the game.
You’ve had a change of heart You place a bet of
10 on Team 1 to beat Team 2 at odds of 1.8 (where you stand to win 18):
- If you
decide it was not a good bet for some reason, you may be offered an early
Cash Out before the game has begun. This offer will allow you at least to
get something back on a bet you think might lose.
Please note: in all of these scenarios, once you choose to
accept a Cash Out, your initial bet is considered settled and closed and will
no longer appear in your Open Bets. At this point you won’t have the chance to
win anything else off that bet. KWIKBET does not guarantee to
offer a Cash out offer at any time or on any game