Sports betting has seen some great features introduced over the last decade, including same match bet builder, casino games and a feature called cash out. Cash out gives punters more control over their bets, giving them the option of closing off a bet early while the match is still on, for either a profit or a loss. In this guide we are going to have a quick look at some South African sports betting sites that offer cash out, as well as explaining what cash out is and how it works.
What is Cash Out?
Cash out allows punters to get money back on their bet before the event that they are betting on is over. The amount of money you get back from cash out, or the cash out offer, is determined at the time of cashing out and depends on the likelihood of the bet winning. The higher the chance of winning the higher the cash out amount. The lower the chance of winning the lower the cash out amount. Cash out offers are subject to live betting markets and odds fluctuation, which is volatile during a match, causing the cash out offer to change constantly in line with the updated odds.
Use Cash Out at these South African Sports Betting Sites
Betway
Betway offer cash out on a wide range of markets, pretty much all the popular soccer betting markets like match winner, over/unders and more. You can also enjoy using cash out on any sport or betting market that has the cash out symbol next to it.
The cash out at Betway is available on what ever device you are using, including the Betway app. It’s also one of the easiest cash out functions to use and we highly recommend it.
One of the best South African sports betting and casino sites. Offering excellent odds, a good 100% deposit match up to R2000 for new casino customers, great promotions and banking options. They also have data free betting and accept a wide variety of deposit methods. Players can enjoy a world of Sports Betting, Slots, and Casino Games at the touch of a button.Betway
Betway
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Betway Info
Gbets
Gbets have a feature packed offering that including features like build a bet, cash out and auto cash out. In our opinion Gbets provides the best value for money when using cash out as you tend to get a higher % than you would at other bookmakers in South Africa.
Gbets
Gbets
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Gbets Info
Bet.co.za
Bet.co.za have launched a brand new site backed by SBtech that features cash out. The bet.co.za cash out is what you’d expect from a world class bookmaker and is a real joy to use. The cash out offers are usually very fair and are available often enough to get two thumbs up from us.
Bet.co.za have come a long way and we continue to be impressed with their ability to meet the growing demands of the South African betting market. By simplifying every aspect of the betting process through registration, depositing, placing bets and withdrawing winnings. New customers can claim a 100% deposit match bonus up to R5000 when using bonus code GMB100 when making their first deposit.Bet.co.za
Bet.co.za
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Bet.co.za Info
Hollywoodbets
Hollywoodbets were late to the cash out party, but they do indeed have cash out. It’s easy enough to use, and while it’s not as flashing as some of the other bookmakers on our list it’s still a great experience. You can also check for which sports and match have cash out when browsing the site, which is a handy feature to have.
Hollywoodbets continue to impress through their revamped desktop site, an impressive selection of sports and other betting options such as the Aviator game, Casino games, Spina Zonke Slots, Lucky numbers, and many others.Hollywoodbets
Hollywoodbets
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Hollywoodbets Info
Sportingbet
Sportingbet were the first bookmaker in South Africa to actually offer cash out. They have since added Sportingbet auto cash out, build a bet and many other new features. Sportingbet’s cash out is still one of the best to use and comes highly recommended by The Gambler.
Sportingbet are hands down one of the best all round betting sites in South Africa. A great interface combined with excellent markets, odds and promotions makes them a must use.Sportingbet
Sportingbet
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Over 15 years of experience in the sports and casino betting industry. I cover everything from casino games, crash games, slots and betting tips. Now Author for The Gambler.