Any serious punter looking to get the maximum returns on their bets needs to use Cash Out. Most bookies now offer this feature, and in this article, we are going to explain what Unibet Cash Out is and see how & where to use it in our step-by-step guide to this must-have betting tool.
In 2022, cash-out is a must-have for any bookmaker looking to compete in the UK market, and today we are going to be looking at powerhouse Unibet and its cash-out feature. They are one of the premier bookies, available in the UK, some US states, and several European countries. If you arent yet a Unibet customer, you can sign up at unibet.com today and claim one of the new player customer offers.
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What Is Unibet Cash Out?
Unibet Cash Out is an option that allows you to withdraw part of your current stake if a wager made does not necessarily go as planned. By allowing the withdrawal of part of the bet committed, Cash Out from Unibet makes it possible to limit money losses, but also to secure potential gains in danger.
How Do I Cash Out With Unibet?
To use the Cash Out feature with Unibet, it couldn’t be any easier. First, you have bet on an event with the “Cash Out” logo indication. They are very prominent, so you’ll be more than sure your bet is eligible; you just need to follow the following steps.
- Log into your Unibet account
- Go to the “Cash Out” tab
- Select the relevant event/wager
- Accept the cash-out amount proposed by Unibet
- Confirm by clicking on the ‘Validation’ button
When would you use Cash Out?
If every bet went the way we wanted to, we would all be millionaires, but we know that is not always how it goes. Cashing out lets you end your bet early if you don’t think it will come in. It is a great tool to use if you feel you would be better cutting your losses and getting some of your stake returned. When to hit the cash out button is an art in itself. Cash Out too early and you run the risk of missing out if the bet comes in. Of course, leaving it too late and you risk losing everything. You should weigh up the option of what will happen with both options. Is it better to get back part of your stake or lose it all?
A lot of factors need to be considered. In football, is the team under heavy attack? Is the best striker on the field? Is the referee having a shocker? Look at all these options before hitting the cash out button.
What Sports is Unibet Cash out Available On?
Unibet currently offers Cash Out on:
- Over 30 pre-match football bets available
- Live football bets
- Outright football markets
- Tennis outright market and place 1-2 bets
Unibet does also allow the player to cash put accumulators, which is unavailable at other bookmakers.
The bookie also allows you to cash out 100% of your bet before the game or event starts. If you have placed your bet, and then change your mind and want to back something else, with Unibet, you can get all your money to use elsewhere. The only stipulation with this is that back provided you cash out in time and the odds are the same as when you placed the wager.
Where is Unibet Cash Out on the App?
If you would like to cash out your bet on the Unibet app, go to unibet.com and log in, then select betting history from your account, and then click on ‘Cash Out’.
Find the bet you wish to cash out on, click on ‘Confirm’ and this will then cash out your bet. Your balance will then be immediately updated with the funds.
Why Can’t I Cash Out?
There a 3 main reasons as to why you won’t be able to cash out if your issue doesn’t fall under 1 of these categories, you may need to contact Unibet’s Customer Support team as there may be an issue with the account.
Below are the 3 main reasons as to why you are unable to cash out your bets with Unibet.
The Odds Have Fluctuated
This is the most common reason why people are unable to cash out on an event; luckily it only takes a few seconds for the option to reappear most of the time.
The reason it happens is that Unibet is adjusting the odds for markets in that game, meaning you have to wait till all odds are up to date for cash-out to become available again, this is essentially security for the bookmaker to stop players making more money than they should.
The Chosen Market or Event Is No Longer Eligible
As mentioned above, not every event & market is eligible for cash-out. Most of the time this is because the obscurity of the event and the coverage Unibet have, meaning they can’t update the odds every few seconds, so offering cash-out on the event could give the bettor a huge advantage.
You Have Used A Free Bet Offer
Like most bookies, Unibet offers a free bet to new players. Whilst these are an excellent way to try out the bookies, unfortunately, they cant be used in conjunction with cash out.
All free bets do not allow cash out, this is mainly down to the complications it would cause with how the cash-out would be rewarded, and it’s easier for Unibet to allow free bets to either be lost or won. You can still claim a free bet with Unibet and use it on the site, just not on a bet with cash out.
Because of how easy it is to make a profit this way, bookmakers are aware of this and stop punters cashing out.
Cash-Out was created in 2011 by Betfair for use at the Betfair Exchange, eventually moving over to sports betting in 2013, where only a few bookmakers picked up the idea. The first being Ladbrokes who only offered cash-out on their Ladbrokes football markets, eventually moving it over to over 30 sports their online sports betting platform. It wasn’t until the release of the bet365 Cash Out feature that online bookmakers realised that cash-out was the next revolution in the gambling industry. If you need more info on cash out and how to use it, have a look at our guide on the best betting apps with cash out.
Other bookies that offer cash out that you should consider using are:
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