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Hunch

Hunch

Joined
Oct 24, 2021
Messages
2,321
Yeah that option is gaining popularity everywhere.

Books probably get calls all the time from bettors wanting out of bets, so might as well offer it with a cost attached.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
850
I see no reason to consider cashing out bets - short of bonus scalping and the ability to lock up a “guaranteed profit” by cashing out bets on both sides - above what the wager would pay at settlement of the event - which presumably would be rare given the higher take out of cashed out bets.

It’s a sucker option - like many juiced up live bets and SGP’s they love to push. Why pay 10 cents when you can pay 40 is the logic these places push on unknowing bettors. The 1 time you “save” cashing out - vs the 19 it cost you is ridiculous. If your regularly cashing out bets - you should stick to keno - not sports.
 

Wagerallsports

Wagerallsports

Joined
Mar 6, 2018
Messages
42,725
I see no reason to consider cashing out bets - short of bonus scalping and the ability to lock up a “guaranteed profit” by cashing out bets on both sides - above what the wager would pay at settlement of the event - which presumably would be rare given the higher take out of cashed out bets.

It’s a sucker option - like many juiced up live bets and SGP’s they love to push. Why pay 10 cents when you can pay 40 is the logic these places push on unknowing bettors. The 1 time you “save” cashing out - vs the 19 it cost you is ridiculous. If your regularly cashing out bets - you should stick to keno - not sports.
Its actually a huge benefit for me betting live basketbal totals

Often I already have a good number but will get one even better, then cash out the lower one
 
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