Betfair Exchange: What is cash out and how does it work?

Cash Out is a Betfair product that allows you to lock in a profit or loss without having to wait for the event to finish.

Betfair does the math to give you a real-time value for your current bets based on live market prices. With a single click, you can Cash Out all bets placed on a single market.

 Important points:

Cash out is available on a wide range of Betfair markets.

The Cash Out icon image is displayed in markets where Cash Out is available. Cash Out may not be available when there is low liquidity in a market.

Cash Out automatically places bets on the Betfair market to lock in a position. The cash out amount is the minimum you would receive if you made a successful bet.

Cash Out values ​​are not guaranteed as they are based on Betfair’s live markets, where values ​​are constantly changing. This means that you may receive more than the stated amount, or your Cash Out may be unsuccessful or only partially successful.

If a Cash Out is partially successful, we will offer you a new Cash Out value based on your revised position and the current prices in the Betfair market.

Any reduction in exposure will be credited back to your account after you make a successful cash out and any profit made in the market will be paid out when the market settles.

 

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