The cash-out feature available with many online bookies is a revelation because it allows you to redeem a bet in the event that it has not yet reached its conclusion.
Examples of a cash out bet could be limiting losses on a bet which is not going your way or locking in a profit to be on the safe side.
The cash out feature at LeoVegas is easy to use and simple to understand, just as you would expect from a bookie with a great reputation.
Cashing Out and Withdrawal – What’s the difference
When making a withdrawal from your account, the funds that have been withdrawn will no longer be available to bet with.
With the LeoVegas cashout, the funds will instantly be available in your account to do as you wish, such as placing further bets.
How to Cash Out in Leovegas?
Using the LeoVegas cash out feature really is a piece of cake.
- Simply head on over to the History section of your account.
- Click on the bet you would like to cash out.
- If you are happy with the Cash Out figure, click on Cash out; the job is done!
- Remember that there will be a buffer of 10 seconds before the Cash out is actioned.
When Is Cashing Out Option?
Not all bets are available to be cashed out, with the most common reasons being listed below.
- The odds have changed, and the cash-out LeoVegas figure is no longer available
- The event on which the bet was placed was not eligible for LeoVegas sports cash out
- In some cases, free bets are not eligible for the cash out feature
To confirm that LeoVegas cash out is available on a bet, look for the ‘Cash out available’ text on the betting slip, which can be viewed before a bet is placed. Note that Sports bettors only can use the feature, as the LeoVegas casino doesn’t offer early cash-out.
FAQ
What can prevent me from using cash out?
If the selection in your bet slip at LeoVegas Sport is currently unavailable due to odds change or any other factor in the game, then the usage of the cash out feature may be unavailable.
My cash out is being delayed. Why?
Your cash-out feature may be delayed due to any odds change or blocked markets at the exact moment.
Can the LeoVegas cash out be used on multiple bets?
Yes, the cash out feature can be used on multiple bets, single bets, and live betting events.
What is the wait time for the cashed-out funds to be credited back to my account?
Cashed-out funds are usually instantly available to use on other bets or to make a withdrawal from your account.
During a cash out on a live event, why is there a buffer until the cash out is actioned?
This is to protect the bookie and the punter from any odds changes that will affect the cash out figure.
An example could be that you have cashed out a bet on a football match, and a goal is scored at the same time as the cashout request, which will dramatically alter the odds.