What is it?
The term “Cash Out” is widely used in the world of sports betting, but not everyone knows what it means. If you’re one of those people, don’t worry, BET7K explains it to you:
Cash Out is an option offered by BET7K to its users. In the world of sports betting, Cash Out is the act of closing a bet before its completion. In this way, depending on what is happening in the match, the odds are recalculated, and depending on the bet, a certain amount is offered to close the bet at that exact moment.
Still not clear? See if our example can help:
A user placed a bet of R$10 on Real Madrid winning, and the game is already in the 80th minute (35 minutes into the second half), and the Merengues still haven’t broken the tie. In this scenario, the user can use Cash Out to close the bet before the game finishes and secure a payout, even if it’s less than the initial stake, to reduce the potential loss that could occur at the end of the match.
Don’t know how to use Cash Out? Click on this link to access the article that explains how to do it.
