Cash Out is a product that gives you control over your bets by allowing you to lock in a profit or loss without having to wait for an event to finish.
For example:
You have placed a bet on your Real Madrid to win on the 1x2 market. With 70 minutes played, Real Madrid have a 1-0 lead, and you would normally have to wait until the end of the match to claim your winnings.
Sportsbet.io offers the option for the customer to Cash Out and lock in the profit, or you can decide to wait until the end of the match and hope that Real Madrid manages to hold on to their lead and win the match.
Your Cash Out value is determined by a number of factors including the price you accepted at bet placement, the amount you wagered, and the current live market price of your bet.
Threshold value of Cash Out is 2%. This means that if Cash Out value change remains within 2% it will be automatically accepted.