Cash out
The book offers to settle your bet early for a set amount, usually less than it's really worth, and you decide on the spot.
Cash out (encaissement anticipé, as Mise-o-jeu+ calls it) lets you end a bet before the game's done. The book shows you an amount; tap accept and that's what you get, no matter what happens next.
Example: last leg sweat
You built a $20 parlay at 6.00, so it pays $120 if it all hits. Two legs are in. The last one is the Habs, and they're up 2-1 in the third. Their live price is now 1.50.
- Fair value of your ticket: $120 / 1.50 = $80.
- The book offers you $74.
Take it and you lock in $54 profit. Pass and you're riding for $120, or nothing if the Habs blow it. The $6 gap between $80 and $74 is what the book charges for the safety.
Quick math for any cash out
Potential payout divided by the current live odds of your pick = roughly what your ticket is worth. If the offer is way under that, you're paying a lot to get out.
Good to know
- Cash out can disappear mid-game, especially when the play is hot.
- Not every bet qualifies; check whether your market is eligible.
- Cashing out isn't a strategy on its own. It's a trade-off between a sure thing now and a bigger maybe later.