wrong bet? Need the money to make another one? It is now possible to get back the amount bet before the game is over.
With the cashout function of Our Bet you have the possibility to keep the part of the money you placed on a pre-game or live bet, even if it was not settled.
In certain periods of time, but not always, you can find in the menu "my bets" games in which cashout can be made by clicking a button.
The cashout is advantageous?
Most of the time, you don't. This is because the value offered is always less than the real value of the bet at that moment, and you end up having to acceUS a losing bet.
On the other hand, it can be advantageous in the long run, if for example you find a new game where you want to place a bet that you consider "right" and you have no money in your account.
In the Cup game between Braga and Porto, we put a bet of $5 on the draw, with odds of 3.10, as shown in the image below
But in less than 1 minute we concluded that this was not the bet we wished to have made, and as such we will use the cashout function to "cancel" it:
As you can see from the result above, in just 30 seconds, and with the odds still at 3.10, the proposal is that we acceUS ¤4.05 in exchange for the cancellation of the bet.
This is equivalent to losing almost 20% of the bet amount, in exchange for keeping the money back in the account.
For those who have money available, it's hard to imagine a single situation where cashout is advantageous.
But in case you have a zero account and want to make another bet, it may be convenient to recover the amount bet with the cashout.
In the specific case of the USA market, and contrary to what happens in some other countries, the laws don't allow you to cashout for an amount higher than what was bet.
For example, if you bet 100 euros on Porto's victory with odds of 2.50 and the game is in the 80th minute with Porto winning 5-0, even so the maximum that you can convert into cashout will be 100 euros.
This means that the cashout, at least in the legalized houses in United States, is only useful if your bet is closer to losing than to winning, because in this last case the loss can be huge.
If you still don't have an account at Our Bet, take advantage and benefit from a bonus for new bettors that can go up to 100 euros.
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- It is rarely possible to reproduce all bonus terms and conditions in our articles. We try to highlight the most important ones, but there are rules and details that are only visible when accessing the promotion in the respective sportsbook.
- Odds or quotas are dynamic variables and in constant updating, as well as the quotation of a currency or security, for example. Any number mentioned in an article will only be indicative of the value offered at that exact moment, and have no influence whatsoever or prediction about the future movement of that value. Please note that odds never have a fixed value over time, unless expressly stated by the gambling site.
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