Cash Out Calculator
Determine the optimal timing and value for cashing out your bet. Compare sportsbook cash out offers against fair market value to make informed decisions.
Bet Details
Amount you originally bet
Odds when you placed the bet
Current market odds for your selection
Analysis
Understanding Cash Out Betting
What is Cash Out?
Cash out allows you to settle your bet before the event finishes. The cash out value is based on current odds and the likelihood of your bet winning. It's a way to secure profit early or minimize losses.
When to Cash Out
- Your bet is winning but you want to lock in guaranteed profit
- The situation has changed and your bet is less likely to win
- The sportsbook offer is significantly above fair market value
- You need the funds immediately for other betting opportunities
When NOT to Cash Out
- The offer is significantly below fair value
- You have strong conviction in your original bet
- Expected value favors holding the bet
- Better to hedge with an opposing bet instead
Fair Value Calculation
Fair cash out value = Original Stake × (Original Odds ÷ Current Odds). This represents what your bet is worth in the current market. Sportsbooks often offer less than fair value to protect their margin.
Pro Tip: Instead of cashing out at poor value, consider hedging your bet by placing an opposing wager. This can lock in profit while maintaining better value than accepting a low cash out offer.