Our Cash-Out option allows you to collect money on your bet even before the event you are betting on is finished.
The amount of money you receive is determined at the time of cashing out. It is based on the likelihood of the bet winning. The amount can be higher or smaller than the initial stake.
Nevertheless, this is not always the optimal option. As the probable chances of winning change, an offer for a Cash-Out can increase, decrease or be removed altogether.
It is calculated by using the possible winnings from a bet that the current odds will receive, in case that bet was placed now.
As an example, look at the option below:
In case you have a ₦100 bet on Barcelona to win a match at odds of 4.00, and they are leading at halftime, the new odds on them to win the entire game may be 2.0.
Fair cashing out value = possible winnings/current odds.
To get a full picture of our cashing out option, make sure you check another example below:
This is a real example of a Cash-Out option available:
The initial bet is a ₦100 stake on Liverpool to win the Premier League at 6.00 odds. The bet ends ₦600 if Liverpool win the Premier League title.
Halfway through the seasons a cash out option is offered at ₦150 for this bet. The present odds on Liverpool to win the league with the same bookmaker are 3.25. Therefore, the fair value for this cash out will be ₦600 (possible winnings) /3.25 (current odds) = ₦184.61
Terms & Conditions:
Cash-Out is available in pre-match and live bets from the moment of the bet placement until the moment the market/selection played is unavailable for betting from the odds provider.
In bets with more than one selection, the Cash-Out is available only if all selections are available and open for betting. If at least one selection is unavailable (due to a match starting or due to a suspension of odds), Cash-Out becomes unavailable. Of course, it becomes available again, when the suspended selection becomes open again, or when the match that started first finishes and the selection is settled.
The value of the Cash-Out is automatically calculated in real time according to the odds of the selections played.
Cash-Out margin is determined by the company and can be changed on will. It may vary according to market and it can also differ between pre-match and live events. Cash-Out margin can also be determined per specific player.
Bets that were settled with the Cash-Out option are EXCLUDED from any bonus rollover procedure
The company has the right to disable the Cash-Out option from specific market, championship, category and sport. The company retains the right to exclude a player from the Cash-Out option on will.
We provide no guarantee that the Cash-Out option will be available for a specific market or Customer. BetBiga reserves the right, at its sole discretion, to disable the Cash-Out option at any time.
Cash-Out offers are available only within a specific time frame - any changes in the price or market during this time may result in a new CASH-OUT offer or in the suspension/removal of the Cash-Out facility.
Cashed-Out bets will be considered and shown as settled - the outcome of the final market is not correlated with the bet settlement.
Bets placed using a Free Bet cannot be the subject of a Cash-Out.
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Information provided by Datadrivesports.com
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Cashing-out is extremely popular among bettors – an option which ensures you are always a winner.
Information provided by Datadrivesports.com