Awesome new "Cash Out" feature at sportsbet......

[okosh]

Sportsbet here in Australia have a great new feature for sportsbetting....It allows you to "cash out" during a sports game.....Or on any multi pick ticket....

For example....

Last weekend I took a 5 game multi ticket in Rugby league here in Aus....So I had to pick 5 winners from 5 games...
Odds was $13.50 and I bet $10 for a possible return of $135....
I got the first 4 right and was watching the 5th game on TV....During the game there is a cash out button in my pending bets page...
When my team was winning the game the cash out price would rise....when the other team fought back on the score board the price dropped.....
Highest cash out price got to $111.40.....lowest was $54.70(after other team scored).....
So even if it looked like my team would lose in the 5th game I could still cash out and take a nice profit...

After the first four games were played I bet on the other team in the 5th game....Just to cover myself....I took a small loss when I cashed out that bet half way through 2nd half of the game...
But I made a nice profit when I got the $135....

"Cash Out" feature mid game is an awesome tool that really has benefit for the player and makes sportsbet dot com dot au my #1 choice for sports betting....

 

[Betting Forum]

It is a nice feature, Betfair has it too, you can cashout in any time of the game. I dont know about multiple bets, but it should be the same.

 

[okosh]

I didn't log into betfair for a long time....They really took a dive here in Australia cos of better options who advertise and give cash back offers...
With my bet for example....even if I lost the 5th game I would have got my money back as a bonus bet cos I got the first 4 picks right...

 

[Koitk]

with cashout feature you are given a chance not to lose. I respect all bookmakers that offer such an option.