How does the CASH OUT feature work? How does the CASH OUT feature work?

How does the CASH OUT feature work?

    What Is CASH OUT and How Does It Work?

    CASH OUT is a feature that allows you to settle your bet before the outcome of the event (or multiple events) is determined. This gives you more control over your bets and allows you to secure potential profits or minimize losses.


    Types of CASH OUT

    OlyBet offers two types of CASH OUT:

    Full CASH OUT

    • Lets you withdraw the entire value of your current bet.

    • Ends the bet completely—no further outcomes will affect the payout.

    Partial CASH OUT

    • Lets you withdraw a portion of your bet's value.

    • The rest of the bet remains active.

    • Ideal for reducing risk or securing a part of your winnings early.


    When Is CASH OUT Available?

    CASH OUT is only available for unsettled bets. However, not all bets qualify—availability is determined at OlyBet's discretion.

    How to Check if CASH OUT Is Available:

    • Go to your Open Bets section.

    • If CASH OUT is offered, you’ll see a green “CASH OUT” button.

    Note: The CASH OUT option can be temporarily suspended due to in-game events or odds changes.


    How to Use CASH OUT

    If CASH OUT is available for your bet, follow these steps:

    1. Go to Open Bets.

    2. Click the green “CASH OUT” button.

    3. A pop-up window will appear showing your options:

      • Cash Out Full Amount

      • Cash Out Partial Amount

    4. Choose your preferred option.

    5. Click “CASH OUT” to confirm.

    6. The funds will be transferred directly to your OlyBet balance.


    What Determines My CASH OUT Amount?

    The value of your CASH OUT depends on:

    • The current odds of your bet.

    • The status of ongoing events in your bet slip.

    • The bet amount and likelihood of your selected outcomes.

    The final amount is calculated automatically using OlyBet’s algorithm.


    Why Is CASH OUT Unavailable?

    CASH OUT might not be offered for several reasons:

    • Live betting events are temporarily suspended due to:
      • Free kicks

      • Corner kicks

      • Goals

      • Penalty decisions

    • Odds are changing or betting has been closed.

    • You used a FreeBet to place the wager.

    • The event does not support CASH OUT (especially in pre-match scenarios).

    • The bet includes multiple live selections, which reduces the likelihood of availability.


    Can I Use CASH OUT on Esports?

    Yes. CASH OUT is available for Esports bets just like with regular sports betting.

    How to CASH OUT in Esports:

    • Go to the Esports section.

    • Open “My Bets”.

    • If eligible, a “CASH OUT” button will be shown.

    • Click it to transfer the offered amount to your OlyBet balance instantly.

    If you have any additional questions or need assistance, please contact our customer support team using your preferred method. Choose your option HERE.