Best Cash Out Betting Sites for 2024 – Over $5000 in Bonuses Available at Online Cash Out Sportsbooks

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Jeff Hawkins

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Jeff Hawkins is an award-winning sportswriter with more than four decades in the industry (print and digital media). A freelance writer/stay-at-home dad since 2008, Hawkins started his career with newspaper stints in Michigan, North Carolina, Florida, Upstate New York and Illinois, where he earned the 2004 APSE first-place award for column writing (under 40,000 circulation). As a beat writer, he covered NASCAR Winston Cup events at NHIS (1999-2003), the NHL's Chicago Blackhawks (2003-06) and the NFL's Carolina Panthers (2011-12). Hawkins penned four youth sports books, including a Michael Jordan biography. Hawkins' main hobbies include mountain bike riding, 5k trail runs at the Whitewater Center in Charlotte, N.C., and live music.

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Following his graduation with an Honors in Business Administration, Nick redirected his focus from conventional stocks and bonds to the world of sports team performance investments. He employs a unique blend of advanced statistics and historical data to construct intricate sports investment models, pinpointing value opportunities and consistently yielding profits. Nick's contributions extend beyond a single platform, as his work can be discovered on outlets such as Pistons Powered, Winners And Whiners, and numerous other publications.

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Updated 13 Dec 2023

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Most of the best sportsbooks now offer online cash out betting as a permanent option. It’s an easy way to settle your wager and walk away with a small profit before the event has finished. Perfect for when your final parlay looks in jeopardy.

In this article, find out exactly what the online cash out betting option is along with how and when to use it. The page also contains a ranked list of all the best cash out sportsbooks available.

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The Best Cash Out Betting Sites List 2024

Here are the best cash-out betting sites available in the US:

1. BetOnline – The best overall cash out betting site
2. Bovada – Cash out sportsbook with competitive horse racing odds
3. Everygame – Offers both full and partial cash outs; generous promotions
4. BetNow – Horse racing specialist boasting a wide selection of payment methods
5. BetUS – Among the best US sportsbooks for extensive betting offers & top odds
6. MyBookie – Early outs available across all sports; great odds
7. Sportsbetting.ag – Best odds guaranteed and attractive cash out deals
8. JazzSports – Top sportsbook: deep markets & 24/7 customer support service.
9. Lucky Block – Includes a wide range of markets and rapid payouts
10. XBet – One of the top cash out betting apps; generous welcome bonus
11. BUSR – Popular cash-out sportsbook with fast payouts
12. Mega Dice – Top sportsbook that offers a virtually anonymous registration

Best Sportsbooks that Offer Cash out Reviewed

To help you have a quick scan through the top five sportsbooks for 2024, we have these short reviews for you. Each review includes the basic information of every sportsbook, some pros as well as cons.

1. BetOnline – The best overall cash out betting site

BetOnline is more than just a betting platform. It has built its reputation by offering customers nothing but the best betting experience, thanks to its enticing promotions, cutting-edge technology, and competitive odds.

BetOnline features in-game lines for all major sports and leagues, including MLB, NFL, NHL, NBA, rugby, tennis, and soccer, among others. Plus, the online cash out betting option is available on all the aforementioned sports.

Live betting at BetOnline provides you with the chance to wager on all of your favorite markets and sports quickly and easily. The sportsbook has a professional support team, and new players are entitled to a welcome bonus of up to $1,000 so long as they sign up using the correct BetOnline promo code.

2. Bovada – Cash out sportsbook with competitive horse racing odds

Since opening its doors to US punters, the Bovada sportsbook has been a go-to option for all major events on the American sporting calendar.

It is a perfect sportsbook for betting on big races, massive games, and huge gaming parties. From obscure events to major sports from across the world, Bovada is the answer to all of your betting and gaming questions. Besides the great depth of betting markets available, the Bovada promo codes also offer generous bonuses and promotions across all sports and markets.

Whether you love eSports, football, tennis, rugby, basketball, or any other sports, you will find Bovada a perfect betting site and, of course, cash-out betting is available across the board – you can cash out on practically any parlay you make (up to a point).

3. Everygame – Reliable Odds and Attractive Cash Out Deals

Everygame has everything a bettor might want in a sportsbook. It is one of the best betting sites with cash out for bettors. You can also gamble on a wide number of sports, and their selection of casino games is extensive.

As if the name weren’t a giveaway, you can wager on just about any sport imaginable at Everygame. There are, of course, all of the major professional sports, like NBA, NFL, MMA, soccer, baseball, golf, and tennis, but there are also lesser popular markets like rugby and cricket to bet on.

Bets can be placed on odds as they change with each new action in a game.  You can wager live on various parts of the event, including odd/even totals, spreads, the highest scoring half, money lines, and more. And, as you might expect, the option to cash out is available whenever you choose to do so.

Everygame is well-known for offering very good welcome packages to new customers. Their sportsbook offers a variety of deposit bonuses that match your initial bet up to a specified limit, and new bonus codes are often added.

They also feature several payment options, including cryptocurrencies and standard payment. methods. You also won’t be disappointed with the sportsbook’s customer service.

4. BetNow – High Wagering Limit for In-Play Bets

BetNow is among the most popular cash out betting sites that readily opens its virtual doors to US players. It’s structured in such a way that accommodates both the beginner and seasoned better comfortably. The sportsbook provides a well-rounded gambling service to bettors, which includes a combination of competitive odds and a host of betting lines across America’s most popular sports leagues.

BetNow’s detailed approach to in-play bets is enough to engage any player. Not only does the sportsbook allow users to cash out on a wide range of sports, but the site’s mantra is also to make ‘cash out betting as quick and simple as possible,’ meaning you’ll be able to withdraw within seconds when you sense the tide is turning against your bet.

The $500 wagering limit at BetNow is accommodating, and you can expect to place live bets on football, basketball, and baseball for regular, post-season, and playoff games – and cash out as you please every time.

Signing with the sportsbook promises to be a rewarding affair judging from the incredible 150% BetNow promo code. Pair that with the top-rated customer service, and it’s not hard to see why it made our list.

Despite the absence of a mobile app, a comprehensive mobile betting experience is possible.  You shouldn’t face any difficulties or limitations placing wagers on the move.

5. BetUS – One of America’s Longest-serving Cash Out Betting Site

BetUS is a safe, fast, trustworthy, and reliable sportsbook that accepts US players. The betting platform is dedicated to delivering the most competitive odds and up-to-date sports analysis, with up to the last minute betting opportunities.

BetUS covers a wide range of events and games. The sportsbook section includes both popular sports and more niche markets like entertainment, politics, novelty, and financials. And, as with sports, the opportunity to cash out is available for all.

BetUS promo codes are also among the best sportsbook payouts, entitling new players to up to a 200% crypto bonus once they’ve completed the registration process. The package also includes a 150% sports and 50% casino bonus. Existing gamblers can get their hands on the likes of cashback deals, crypto sports bonuses, and matched bonuses, too.

6. MyBookie – The Easiest Cash Out Betting Site To Use

MyBookie is one of our top-rated cash-out betting site. Its priorities have always been instant and easiest deposits, simple cashouts on regular and parlay bets, same-day payouts, and the best customer care service.

The sportsbook also offers a wide range of generous bonuses which can be unlocked using the MyBookie promo codes. Currently, all new customers who sign up will receive a bonus of up to $1,000 once they deposit for the first time. Existing bettors can claim offers like reload deals and horse rebates, too.

With all these bonuses plus top sports markets such as tennis, golf, and soccer betting available, MyBookie has shown itself to be an elite sports betting site and one that often ranks highly with our team. The fact that it features more cash out betting lines than any other sportsbook that we investigated is another top selling point to add to the list.

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Top Online Cash Out Sportsbooks Comparison

The following table shows all the top cash out betting sites in the US. It is designed to help you compare the different sites within the shortest possible time and make an informed decision in terms of where to place wagers.

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What is Cash-Out in Betting?

When people talk about cash out in relation to betting they are referring to a feature offered by many sportsbooks. This feature allows players to cash out their winnings before the event they bet on has finished.

A sportsbook will constantly update your cash out price based on your chances of winning. A cash out bet can be hugely beneficial when placing accumulator bets that include different selections because when things are looking up you can choose to take a reduced amount of winnings there and then. That way you can earn profit on your wager before the other team changes the tide.

Sportsbooks may also offer the chance to partially cash out your bet and you might be able to set an auto cash out that pulls your winnings if a certain prize is offered by the sportsbook.

Benefits of Cashing Out Betting Sites

There’re various benefits that come with using cash out betting sites. Here are the main benefits that the best betting sites with a cash out option have to offer:

Secure Big Profits

If your betting strategy is to target big profits, then using the cash out option to secure them can prove to be powerful. Imagine the pain you will go through when you lose a huge parlay bet just because your last selection failed. Cashing out such a wager will help you avoid this drama.

Cut Potential Losses

Luck is a huge factor in gambling. You can research and prepare for a bet well, only to see it destroyed by unusual occurrences such as freak injuries or bad referee mistakes. The cash out option allows you to have full control over variance since you can cut any potential losses or secure your profits.

It’s Easy and Simple

All sports betting platforms aim to offer easy processes when it comes to betting. Online cash out betting is one of the simplest procedures that offshore sportsbooks and betting apps offer. The cash out option is straightforward to use. In most cases, you will only need to press a button.

Also, you can take advantage of the auto cash out option that allows you to cash out your wager automatically. This is a great option for you since your request applies even if you aren’t online or logged into your account.

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How Cash Out Betting is Calculated

A cash out bet is subject to different rules, terms, and conditions depending on your sportsbook of choice. You’ll find a comprehensive list of cash out terms and conditions on every sportsbook that offers this feature. It is always important to read the terms and conditions before placing your bet so that you can know what you are getting.

Let’s take a football bet as an example. You placed a bet on a team to win, and by half-time, it is 1-0 up. Before the game, you placed a $10 bet at the odds of 3/1. If you allow your bet to stand, you will receive $30.

But with about 20 minutes to go, your team is 2-1 down. If you hadn’t decided to use the cash out option, you would have lost the full bet of $10. But since you cashed out before the end of the match, you managed to receive $5 on top of your original stake.

Can You Cash Out Live In-Play Bets?

Yes, you can cash out live in-play bets. In fact, the cash out option works perfectly on this type of betting. In in-play or live betting, you will see the odds frequently fluctuate, allowing you to make the best decisions. It is possible to make a profit within the first minutes of a soccer game.

However, you should be careful when making your selections and placing bets since in-play betting is more volatile. The prices change constantly, and markets are suspended regularly. But if you are keen enough, cash out in-play can be very profitable.

How to Know the Best Time to Cash Out

The main aim of placing a bet is to win some cash. Before sportsbooks started to offer cash out services, the only way to make some money was for your bet to settle as a winner. But with cash out, you can actually win without the original wager winning. The best time to use the cash out feature is when you feel like the wager is about to lose.

To pick the right time to cash out, you need to keep track of your wager by watching the event or through live updates. Top cash out betting platforms offer live updates or live streaming services to allow their customers to cash out their bets at the right time.

Tips for Online Cash Out Betting

Up to this point, you have already made a decision whether or not to use the cash out option. A good decision would be to use the feature when it is necessary. There are a few more tips that can help you take full advantage of the cash out option and enjoy the benefits that it offers. These tips include:

• Use Other Betting Features: You can enjoy the full benefits of cash out when you combine it with other sportsbook features like live streaming, bet builders, and push notifications.
• Cash Out at the Right Time: Do not convince yourself that cash out is the best option to win money. You need to do it at the right time and when it is necessary.
• Use Cash Out to Fix Your Mistakes: Do not be afraid to use cash out to fix some of the mistakes that you might have made when placing your bet. Anybody can make a mistake, including a pro bettor. So if cash out can help you fix your mistake, why not use it?
• Take Advantage of Cash Out Offers: Most of the top cash out betting sites offer some generous cash out offers. It is worth receiving a small profit than losing everything. And on top of that, you can receive a bonus that can help you boost your bankroll.
• Pick a Recommended Sportsbook: To enjoy the best cash out betting experience, you need to pick a recommended betting site from the sports online betting cash out sites available on the list above.

Best Cash out Betting Sites: Conclusion

Particularly for those among you who like to place parlay bets at sportsbooks, the cash-out feature is a valuable – perhaps even necessary – tool to utilize, especially if you’re hoping to turn a profit in the long run.

The reason Bovada is our top pick for the best cash out betting site is partly due to the fact that there were more lines with the cash-out option on this site than on any other we studied, but it is also due to the fact that it had deep markets and provided the finest cash out betting advice.

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