Cashing out on 1xBet is the option that allows you to settle your bet before the conclusion of an event. This feature allows you to secure a portion of your potential winnings or minimize losses, depending on how the event is unfolding.
1xBet fondly refers to it as a ‘Bet Slip Sale’.
How to Cashout on 1xBet
To use the cashout feature on 1xBet, follow these steps
- Log into your 1xBet account and navigate to the sportsbook section.
- Place a bet on an event or market of your choice
- Check eligibility: Not all bets are eligible for cashing out, and the availability of the cash-out option can depend on factors such as the type of bet, the current status of the event, and more. Check if the cash-out option is available for your specific bet.
- Go to the ‘My Bets’ Section: Locate and navigate to the ‘My Bets’ section on the 1xBet website or mobile app. This is where you can find information about your active bets.
- Look for the cashout option: If cashing out is available for your bet, you should see a ‘Cash Out’ or ‘Sell For’ next to the bet in your bet slip.
- Click on the Sell For option to cashout. This offer is calculated based on the current odds and the event’s status.
- Confirm the cashout by seeing the main account balance
Top Advantages of 1xBet Cashout
Some of the top advantages of 1xBet cash out are:
Cash-out allows you to manage and minimize risks. If your bet is winning, but the situation in the game or event is changing, you can cash out to secure a profit before potential unforeseen developments.
Lock in profits
The feature lets you lock in profits when your bet performs well and you want to secure your winnings before the event concludes.
Conversely, if your bet is not going as planned, and it looks like it might end in a loss, cashing out can help minimize your losses by offering a certain amount before the event ends.
Cashout provides flexibility and control over your bets. You can make decisions in real time based on the current situation of the game or event.
What are the Best Bets and Times to Cashout?
The decision to cash out a bet and the timing of such a decision can be subjective and depends on various factors, including individual preferences, risk tolerance, and the specific circumstances of the sporting event.
Best Bets for Cash Out
Even though cash can work on any type of bet, there are some that benefit the most from this. Here are the top options you should consider selling your bets on:
Cash-out options are often more straightforward with single bets. If you have a single bet performing well, it may be easier to make a decision based on the straightforward nature of the bet.
The decision to cash out can be more complex for accumulator bets or parlays. It depends on the status of each event of the bet and the overall potential payout. Consider cashing out if some legs have already won, and you want to secure a profit, or if some legs are losing, and you want to minimize losses.
Cash-out is particularly useful for in-play or live bets. The odds can change rapidly during a game, and cashing out allows you to react to the evolving situation.
If you place a high-stakes bet and want to secure a profit or minimize potential losses, cashing out might be prudent.
Times to Consider Cash Out
Knowing the game is one thing. Knowing when to cash out is another. Here are some easy to mater points in a game when cashing out might make sense.
Early in the Game
If your bet takes an early lead and you’re satisfied with the profit offered, consider cashing out to secure an early win.
Changing game dynamics
You might want to consider cashing out if there’s a significant change in the game dynamics, such as a red card, injury, or unexpected turn of events.
Late in the game
The cash-out amount may change as the game or event nears its conclusion. If you’re satisfied with the current profit or want to minimize potential losses, consider cashing out late in the game.
Before significant events
If a known event (e.g., penalty kicks, key player substitution) is about to happen, and you want to make a decision based on that, it might be a good time to consider cashing out.
When you meet your objectives
If your initial goal was to secure a certain profit, and the cash-out offer meets or exceeds that goal, it might be a good time to cash out.
What Does Sell a Bet Mean on 1xBet
Selling a bet means canceling the bet and returning the money used to stake. This feature allows you to end your bets prematurely before the match ends. You can sell your bet in whole or in part, depending on how much you want to get back.
It is just another name for cashing out or a bet slip sale.
However, selling your bet will generally fetch less than the potential total winnings because the sell amount is calculated based on the probability of your bet winning at that particular time.