Articles on: Sportsbook

Cash Out Feature

What is Cash Out?

Cash Out gives you more control over your bets and gives you the opportunity to take a return before an event has finished, even if your bet goes on to lose. You can cash out a bet fully or partially. You can choose to Cash Out your bet and take the potential winnings on offer. If you choose to Cash Out, the amount offered will be settled and the final result relating to your bet will have no impact on the amount returned to your account.

The amount offered will depend on the performance of your selection(s) and may be higher or lower than your original stake enabling you to guarantee a profit or minimise a potential loss.

When is Cash Out available?

Cash Out is available on selected events, fixtures and markets both pre-match and In-Play/Live, on single and multiple bets, for a variety of sports including Football, Tennis and Basketball. You can see the special logo (Php) on the markets while making bets. If the (Php) is not displayed, Cash Out is not available on that sport or market. Should you wish to Cash Out, all you need to do is click on the (Php) or “Cash Out” button located in your open bet or bet history details.
Where Cash Out is available pre-event and we do not cover the event In-Play/Live then Cash Out will be unavailable once the event starts.
You can also Cash Out on your mobile or tablet – simply select the “Open Bets” or “Bet History” sections of the “History” section of your account and select the “Cash Out” tab to show your eligible bets. Once there you can the Cash Out button below your selection and confirm your decision to settle the bet early.

Partial Cash Out

If you would like to partially Cash Out your bet, simply use the slider on the Cash Out popup to adjust your original stake amount to the amount you want to Cash Out. Once you have selected the correct amount, click “Cash Out”. The remainder of your stake will be settled in accordance with the final result relating to your bet.

Terms and Conditions

The Cash Out feature is available on selected sports, events, fixtures and markets both pre-match and In-play/live, on single and multiple bets, for a variety of sports including Football, Tennis and Basketball.
A time delay in accepting a Cash Out or Partial Cash Out request is in place. If a price changes or a market suspends then the request may not be successful.
If the Cash Out or Partial Cash Out request is successful, this will be displayed, and the bet will be settled immediately, except in the case of bets partially cashed out. The actual final result of the related market will have no impact on the Cash Out or Partial Cash Out amount.
The Cash Out or Partial Cash Out amount offered at any time is the total amount that will be returned to your account if successful.
SomeWinZir offers will not be applied where the Cash Out feature has been used. See Terms and Conditions for each offer for details.
All free bets are unavailable for Cash Out or Partial Cash Out.
Any bets that are settled using Cash Out or Partial Cash Out will not count towards the turnover requirement of any offer.
WinZir cannot guarantee that the Cash Out feature will be available on your bet selection. Where Cash Out is available pre-event and we do not cover the event In-Play/Live then Cash Out will be unavailable once the event starts.
WinZir will not be responsible if the Cash Out feature is not available for technical reasons and bets will stand as originally placed during any such period.
WinZir reserves the right to accept or decline any bet/wager requested for any sport, competition, market or bet type that is included in the Cash Out feature.
WinZir reserves the right to amend, suspend or remove the Cash Out feature at any time for any event, fixture or market. Any bets placed on such events, fixtures or markets will stand as originally placed.
WinZir reserves the right to reverse the settlement of a Cash Out or Partial Cash Out if the bet or a market is settled in error.

Please check the updated article at https://forum.winzir.ph/d/118-cash-out-feature-cancel-bet

Updated on: 11/04/2023

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