BetVictor Cash Out allows you to take an early profit or early loss on your bet before the bet is settled in full. The feature operates in real time so you can essentially end the bet prematurely this locking in a profit or minimising the loss on a bet that you think now looks like it will lose.
Cash Out is available on a wide range of betting markets. These includes most football betting markets; tennis betting markets such as set and match winner; basketball including basketball money line; and horse racing, though this is limited to outright bets and doesn’t include SP bets and any ante-post market. On the BetVictor site all bets that are eligible for a cash out display a special cash out icon. You can’t cash out any horse racing in-running bets; you have to wait until the race is settled. Cash out on additional sports betting markets is in the pipeline and will be announced in the near future, though we won’t know before then which markets BetVictor intends to include.
You can also use cash outs on accumulators, which can be an attractive option if you are racking up a profit and wish to reduce the risks of making a loss. For this to work, it is essential that each leg of your accumulator is individually eligible for a cash out. This applies to accumulators of up to 20 legs, but you can cash out an any form of permutation bet such as a Lucky 15 or a Yankee. However BetVictor has stated that they intend to introduce cash out on permutation bets in the future and that they are currently working on this.
Not that your accumulator can mix all eligible sports, for instance you can combine various horse races, football bets, and other eligible sports bets. An important point, however, is that you can’t use the cash out facility if you are betting with any of your bonus funds.
Something to be aware of is that not all cash out requests are successful. While most cash out requests do work, there may be circumstances in which they don’t work. This can happen if there is a rapid change in the odds just when you are requesting your cash out. If this is the case the best tactic is to wait a few moments for a new cash out settlement figure to be posted and accept or decline that. It is also possible for the cash out facility to be suspended; typically this might happen following a goal being scored or a player being given a red card. Also, if for any reason betting is suspended on the event, then cash out will also be suspended.
You don’t need to cash out all your bet; you can cash out just part of it if you want to lock in some of your potential profit and continue to risk the rest. After making a partial cash out the amount of your bet remaining will be displayed in the cash out zone. You can also make multiple cash outs on the same bet. If you are a high roller, then it’s important to note that BetVictor currently caps cash out payments at £50,000. While that’s not a problem for most of us, if you have a winning accumulator that is promising a very high pay out, then you might need to watch the situation closely.
At the time of writing the following betting markets were available for available for cash out, though these will change in the future, so for an up to date list please check out the BetVictor website.
Football betting markets:
- Match Betting
- Match Betting – 1st Half and 2nd Half
- To Win Extra Time
- To Win Penalty Shootout
- Total Goals Over/Under
- Both Teams To Score
- Both Teams To Score 1st Half and 2nd Half
- Match Result and Both Teams To Score
- Correct Score
- Correct Score Half Time
- Correct Score Extra Time
- Asian Handicaps
- Asian Goal Lines
- 3-Way Handicap
- Double Chance
- Team Total Goals
- (Football (1st Team To Score)
Tennis betting markets:
- Match Winner
- Set Winner
- Set Betting (Match)
Basketball betting markets:
- Total Points
- Money Line
- Outright win only.