Betway South Africa Cash Out

Betting is always evolving and more products, features and tools are being introduced every year. One such feature which has been introduced in recent times is the Cash out feature. Cash out allows you to get part of your money back on your bet before the event you are betting on is over. When cashing out, you must realise that the amount of money you get back is determined at the time of cashing out on the likelihood of your bet winning or losing, so you can either make a profit, or get a portion of your initial stake back.

Betway SA offers Cash Out to its clients so they can take an early payout on their bets before they are settled. Betway Cash out works for both singles and multiples. What happens is that as the match or matches in your bet progresses, you will be offered a cash out amount which will reflect in your My Bets tab, this amount will be based on the actual odds at the time you chose to look for a Cash Out offer and never at any time will the offer be more than the total potential win of the betslip. Below are some of the advantages of Cash out;
Reduce the risk of losing by getting something out of you bet before the bet is concluded.
Cancel your bet before kick-off and receive a portion of your bet back if you’ve changed your mind
Below is an example of Cash out:

Manchester United v Aston Villa
Chelsea v Burnley
Liverpool v Southampton
A R100 treble placed on Manchester Unite, Chelsea and Liverpool to win at odds of 1/1, 15/8 and 3/1 has the potential to return R2300 if all of these three teams win. With five minutes left to play all three teams are winning 1-0, and a cash out value of R1800 is offered. You could cash out and take the R1800.
Please note that if you had decided not to cash out and the score lines stayed the same till the end of the games you would have had a return of R2300, However, if any one of your backed teams lost or drew, you would lose entirely.

Betway also allows you to do a cash out even before your bet begins, for example, if you have placed your bet and you feel that the bet is not good, you may be offered an early Cash Out before the game has begun and this allows you to get something back on a bet you think might lose.
Please note that cash out is at Betway’s discretion and it can be offered at any given time.