Cash out betting sites continue to grow in popularity as more and more punters look for ways to extract money from the bookmakers.
I’ve written about it before, but in this article, I want to check out the best cash out betting sites and why you should use them in 2020.
Let’s jump in.
Cash out betting in 2020
As you probably know, there are hundreds of online bookmakers all vying for your business.
There are currently well over 100 different online bookies. The good news? Most of these modern bookmakers offer cash out betting.
Some of the best sites even automatically cash out your bets meaning all the hard work is done for you (more on this later).
However, with so many options, picking just one cash out betting site is not all that easy!
That’s why I wrote this article. I want to make it easy for you to get started with cash out betting.
So, we’ve done the research, listened to the community and tested different cash out features ourselves.
Read on to find out our results and which are the best cash out betting sites in 2020.
Best cash out betting sites
Here’s a list of the 5 best cash out betting sites to use in 2020:
- Bet365
- Ladbrokes
- Paddy Power
- Betfair
- Smarkets
You’ll find that most cash out features are pretty similar these days. For example, you’ll be able to cash out on both desktop and mobile devices.
Below we’ll take a deeper look into each bookmaker and review their cash out betting.
1. Bet365
Being the most popular bookmaker in the world, you’d expect bet365 to offer great cash out betting.
And they certainly live up to the hype!
Cash out betting with bet365 is incredibly easy and punters also have the option to automatically cash out their bets.
Bettors can set take profit rules meaning you won’t need to manually cash out your bets. The platform will do the hard work for you.
As usual, bet365 were the first to create this new feature that punters have come to love in 2020.
You can also partially cash out your bets. That’s great if you’re sitting on the fence and unsure what to do with your bets.
The only negative to cashing out with bet365 is that not all markets qualify.
Overall, bet365 are certainly the best cash out betting site in 2020.
2. Ladbrokes
Next up in our list of best cash out betting sites, let’s check out Ladbrokes.
Cash out betting with Ladbrokes is very popular with thousands of punters using the feature every day. Whilst they don’t offer the same features as bet365 and other betting sites, they’re still well worth using.
To cash out your bets with Ladbrokes, you need to look for the green ‘Cash Out’ button within your bet slip.
Unfortunately, cash out is not available on all markets meaning you need to double check before placing any bets.
All in all, Ladbrokes are still a great cash out betting site that deserve to make this list.
3. Betfair
The first betting exchange to make our list of the best cash out betting sites is Betfair.
Being the most popular betting exchange in the industry, you’d expect Betfair’s cash out feature to be good.
So does it live up to the hype? It certainly does…
Betfair has done a great job of creating cash out betting that works incredibly well with the exchange model.
Similar to that of bet365, you can partially cash out your bets meaning you’re more in control of the situation.
4. Paddy Power
Another cash out betting site worth discussing is Paddy Power.
Being one of the most popular bookmakers in the UK, you expect Paddy Power to offer great cash out betting. And once again, they deliver.
Cashing out with Paddy Power is incredibly easy and intuitive. Simply look for the cash out button within your bet slip and hit cash out.
Unlike bet365 and other betting sites, you can’t partially cash out or auto cash out your bets with Paddy Power. Whilst it’s a shame they haven’t added these features yet, it’s still a great platform for cashing out.
5. Smarkets
Smarkets are another betting exchange to make our list of best cash out betting sites.
Rather than follow the crowd and use the same name, Smarkets use the term trade out instead of cash out. However, don’t let the name put you off, it means exactly the same thing.
Whilst it’s not possible to auto cash out your bets like other sites in our list, Smarkets still offer great cash out betting that many punters enjoy using.
Once you’ve placed your bets you need to look for the green ‘trade out’ button that looks something like this.
The Smarkets trade out feature is available on all markets within the platform meaning you can cash out on any bets at Smarkets.
Other betting sites that offer cash out
You might be asking whether or not there are other betting sites that offer cash out!
Well, there’s some good news. As I mentioned above, most online bookmakers these days offer cash out. Bettors have come to expect this feature and are likely to avoid bookmakers that don’t offer this feature.
So to answer your question, yes there are certainly other betting sites that offer cash out.
Best cash out betting sites in 2020
Overall, picking the best cash out betting site is not an exact science. What works for you may not for me and vice versa.
Therefore, I recommend you give different betting sites a go and try out their cash out features for yourself.
Having said that, I suggest you start with the bookmakers mentioned above and go from there.
Which is your favourite betting site that offers cash out? Let me know by leaving a comment below right now.