We answer a few key questions about Cash Out...
What is Cash Out?
Cash Out is a product from Betfair that allows you to lock in a profit or reduce your exposure before waiting for the event to finish. Click the play icon on the video above to see Cash Out in action.
How does it work?
Cash Out automatically places bets on the Betfair market to lock in a position. The Cash Out value shown is the minimum amount you would receive if you were to make a successful Cash Out.
Can I Cash Out on every market?
The Cash Out icon is displayed for the markets where Cash Out is available. Cash Out may not be available at times where there is low liquidity in a market.
Is there any difference between Cash Out and trading my own bets?
No, Cash Out calculates and places bets on your behalf within the Exchange market to best trade out of an existing position.
Bets placed by Cash Out follow Exchange rules and will be visible within the Betslip and your account statement.
For the purposes of the Cash Out calculation we remove a proportion of liquidity from the market. This is done to reduce the number of unmatched or partially matched bets.
As a result the offer displayed may, on occasions, be slightly lower than what is available. However, on bet placement all bets will be best executed with the best available prices given to the customer.