How to do Partial Cash Out on SportyBet
Hey there punters, as you may know already, predicting outcomes and winning big on SportyBet is undeniable. However, not every prediction may go as expected, and that’s where the cash-out feature on SportyBet comes in.
With that in mind, the purpose of this article is to discuss the concept of SportyBet cashout, how to utilize this feature to make good profits while you enjoy betting on your favorite football matches, and every other thing in between.
So, without much further ado, let’s get straight into the business for today, shall we?
What is SportyBet Cashout?
SportyBet Cashout is a feature on the betting platform that allows you to assess the potential payout of your already placed bet.
For instance, say the teams on your bet are displaying a high likelihood of winning, SportyBet will offer you cash out that closely reflects the initial value of the potential payout you were supposed to receive.
On the other hand, if the teams on your accumulator bet are displaying poor performance and have a lower likelihood of winning, the cashout amount will reduce and in some cases, may be locked till the final bet outcome.
Hence, it’s important to observe closely the fluctuations in your cashout amount so you can secure your winnings at the most advantageous moment. That brings us to our next discussion: How to do partial cash out on SportyBet.
What is Partial Cash Out on SportyBet?
Partial cash out helps you keep a fraction of your initial stake while cashing out the rest. For example, if you have a cash-out amount of ₦10,000, you may decide to cash out a portion say ₦5,000 leaving the rest till the final outcome.
While this is a good practice if you are unsure of what the outcome of your remaining bets may be (for multiple games) it is important to know that partial cash out may not apply to unresolved bets whether single or multiple bets.
Moreover, it is also important to note that taking partial cash out will reduce your initial payout amount. In other words, if you choose to take a partial cash out, the amount you receive upfront will be smaller than the initial payout.
N/B: SportyBet allows users to utilize partial cash out five times only.
How to do Partial Cash Out on SportyBet
There are two ways you can take partial cash out on SportyBet. They include:
- The Manual Function and
- The Auto Cashout Function
The Manual Function
The Manual Function involves you deciding a middle ground by securing a portion of your bet while still retaining your stake till the final outcome of the game.
In this case, all you need to do is to observe the bet and when you see that there is a reasonable cash-out offer, you can just tap on it to be able to pinpoint the exact amount you want to cash out. You can do this to play safe if you are not sure of the outcome of the ongoing games.
The Auto Cashout Function
The Auto Cashout Function is pretty straightforward compared to the former. In this case, you can use the SportyBet Auto Cashout tool without having to do the check and balance yourself when cashing out on your bets.
- Place the amount for Auto Cashout on your account. It can be higher or lower than the current payout amount.
- The system will automatically take cash out when the offer meets or exceeds your rule and add the amount to your balance immediately.
This is usually considered the most comfortable method to use especially if you don’t have the time to continuously check on how well your bet is performing. With the Auto Cashout Function, you can rest assured that you can still get your stake amount back even if your bet goes south.
Note: The Auto Cashout Function may not always be assured as factors like market closure, technical glitches, etc., may be a major problem.
How to Cashout on SportyBet
Here’s a guide on how to cashout on SportyBet if you want to take all the amount offered to you at the moment:
- You must be logged in to your SportyBet account already to carry out the process.
- Head to your bet slip, where you can view all your current bets.
- Within your bet slip, you should see the cashout option below. It usually appears in a green space.
- Click on the cashout option to take the amount you are being offered.
- Since you are taking all the money, click on “Confirm Cashout” to secure your funds.
- The amount will immediately reflect on your SportyBet account balance once you have confirmed your action.
Remember that there is a minimum cashout amount of ₦5.00 meaning you can only cashout once your potential winnings exceed the specified threshold. Plus not all bets are eligible for immediate cash out.
Illustration: SportyBet Cashout Feature in Use
Let’s assume that in a match between Arsenal and Liverpool, you placed a ₦10,000 bet on Arsenal to win the match at the odds of 2.00. That means your returns will be ₦20,000 with a ₦10,000 profit on the side.
If at halftime Arsenal is leading 1-0, SportyBet will offer you a cashout amount close to the expected payout you are supposed to get if the bet wins. At this point, you may be shown a cashout offer of ₦15,000 so it is left for you to decide whether or not to cash out the offered amount.
On the other hand, if at halftime Arsenal is losing to Liverpool, SportyBet will offer you a much lower amount to cash out as there’s a lesser chance of your bet winning. You may get a cash-out offer of around ₦4,000 that way, you don’t get to lose your entire stake of ₦10,000.
Frequently Asked Questions (FAQs)
What is an example of a partial cash out?
Two of your teams on your bet slip win their games, and with only 20 minutes left to play in the third game, your team is winning 2-0, and a Cash-out value of ₦10,000 is offered. You could decide to cash out a portion of your cash-out offer and leave the rest till the game ends.
Can I do partial cash out on SportyBet if one of my games is canceled or postponed?
In most cases, SportyBet won’t offer you cash out if any of the games on your bet slip is canceled or postponed. You may have to wait till the remaining games win or lose. The outcome of your bet will determine whether or not you will be offered cash out at the end.
Can I cash out free bets on SportyBet?
No, free bet tokens are provided for bettors to bet with and cannot be withdrawn as cash. Free bet stakes are not returned with winnings.
Wrap Up
So far so good, there’s no denying that the Cashout Feature is a game-changer for punters using SportyBet. If you want to avoid losing your stake every time you place a bet then you need to utilize this feature for safety.
Moreso, it can help you secure profits on both single and multiple games. By understanding how the cashout function works on SportyBet just as we have discussed in this article, you can take charge of your bets, avoid losses, and continue to enjoy a seamless betting experience.
