Cashout is a well-known feature in the world of sports betting. It allows you to withdraw an amount before the end of the event that has been added to your betslip.
Only with us, you can also prematurely withdraw your winnings from SOLO betslips. Way before your selection is even settled.
You can use Super cashout before the start of the match itself if you change your mind about placing a bet on it. As well as during the match before its end. You can find this feature exclusively at Kingsbet!
Of course, cashout can also be used with Multiples. Example: You have five selections placed on your betslip. Four are winning and the last one is not going in your favor. You can use cashout, it's up to you!
Example:
You bet 200 CZK on a team you think will win the match. During the match, it becomes clear that it probably won't go according to your expectations, or you're simply worried that you will loose the bet. Therefore, you can use Cashout, and get part of your money back, specifically 181.30 CZK.
The Cashout can be higher than the amount you have put into the bet, but it will never be higher than the original possible winning amount.
Whether you use Cashout or not is entirely up to you. However, the Cashout offer is also not possible for every bet you make. Cashout is not offered if:
- the selection is already settled as a loss
- the bet contains a selection that is not currently being offered for betting
If you use Cashout, you are no longer entitled to the original winnings, even if your bet was settled as a win after the end of the match!
If you use Cashout after the selection is already settled, and it is settled as losing or void, the Cashout will be marked as void and your winnings will be adjusted depending on this result.
The same applies if it turns out that at the time the Cashout was used, it was already known that your bet would be a loss.
You can find all your settled Cashouts on your account in the "Betslip history" section.