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Last Updated:
Fri Jun 2024
Cash Out Betting Sites
Cash Out Betting Sites in Nigeria
| Company | Bonus text | Turnover | Expiry | Min. odds | Claim |
|---|---|---|---|---|---|
#1 |
170% Multiple Bonus |
Turnover
1x |
Expiry
No Expiration days |
Min. odds
1.20 | |
#2 |
Free Bet Up To ₦1,000,000 |
Turnover
N/A |
Expiry
N/A days |
Min. odds
1.20 | |
#3 |
Welcome Bonus Up To ₦200,000 |
Turnover
10x |
Expiry
30 days |
Min. odds
3.0 | |
#4 |
700% Win Boost |
Turnover
N/A |
Expiry
No expiration |
Min. odds
Nil | |
#5 |
Bonus Up To ₦55,000 110% Deposit Bonus |
Turnover
5x |
Expiry
30 days |
Min. odds
1.35 |
Learn All you Need to Know About Cash Out Betting Sites
Ayo Adesanya
We have presented the list of betting sites with cash out in Nigeria. However, not all betting sites call their cash-out feature by the regular title.
Some betting sites like 1xBet and 22Bet call their cash out 'Bet Slip Sale'.With that in mind, we present the list of betting sites with bet slip sale.
| Company | prosAndCons | Claim |
|---|---|---|
#1  |
1xBet  Good value for sold bet slipsEasy to use feature In-shop bet slip sale unavailable |
Bonus Up To ₦145,600 300% Deposit Bonus |
#2  |
22bet User-friendly interface for bet slip saleNice value on sold bet slipsSlow payment process |
100% Up To ₦207,500 Deposit Bonus |
#3  |
Betwinner Easy bet slip saleGood bet slip sale valueNo Auto cash out |
Bonus Up To ₦100,000 200% Deposit Bonus |
Overview of the Best Cash Out Betting Sites
In this section, you will get first hand information on the best betting sites with cash out and how to use the different cash out features.
Cash Out Betting Sites FAQs
🤔 Which betting site has the best cash out?
❔ How do I know if a betting site has cash out?
Most of the betting sites in Nigeria have a cash out feature. But to be sure if a betting site offer cash out, you can go through their promotions sections.
🤷 When can I cash out?
For starters, you can cash out at any point during the lifespan of your bet, but it is advisable to monitor your bet in order for you to decide the best time to cash out.
🙁 What are the cons of cashing out?
The major disadvantage of cashing out is that you may miss out on a big win.
💰 How much can I win with cash out?
It depends on your stake, total odds and the state of the bet when you cash out. If the bet is going according to your predictions with a few selections left on your ticket, the cash out value will be high.
On the contrary, if the bet is not going your way, you may be left with just a little over your initial stake as cash out.
❓ Can I cash out before the start of the bet?
Yes! You can cash out your bet before the first event on the ticket starts. Usually, you will get your stake back or a cash out value just a little lower than your original stake.
Types of Cash Out
Cash out comes in different formats that are all closely related with small points of differences.
It is not enough to just know about the basic concept of cashing out your bets, you have to understand the different types of cash out so you can know which to use at any point in time.
The three main types of cash out are:
- Full Cash Out
- Partial Cash Out
- Auto Cash Out
- 💰 Full cash out
This type of cash out is the most popular cash out type in Nigeria. With this cash out type, bettors can be their bet while they still have on-going bets that are yet to be settled.
Using the full cash out option means that players will be able to take a portion of their potential winnings depending on odds, stake, and how the bet is panning out.
Generally, the value of cash out is generally lesser than what you would win if the bet is left to full term.
- 💳 Partial cash out
Partial cash out is two pronged in that you can cash out a part of your bet and let the remaining percentage run its full course.
You receive a percentage and if the bet goes on to win, you will get the remaining percentage on the bet.
For example if you bet on Liverpool to beat Everton at odds of 2.00 and you stake 30,000.
If the game is tied 0-0 in the 70th minute, and you are not sure if Liverpool will go on to win, you can take a partial cash out if it is available and if Liverpool wins the match, the remaining winnings will be available to you.
- 💵 Auto cash out
To cash out your bet, you will need to keep an eye on your bet and monitor its progress as the events in your bets are unfolding.
With full cash out however, you do not have to monitor your bet on your mobile device or computer screen. All you have to do is set a cash amount while placing your bets.
Once the game progresses to the point that your payout has reached your chosen cash out value, the bet automatically ends and the winnings will be deposited into your account.
How Does Cash Out Work?
For betting newbies, the concept of cash out is a betting feature that helps players minimize losses by having control over their bets.
The value of potential winning on bets fluctuates while bets are running. This is because betting sites adjust odds based on real time happenings in games.
For instance if the outcome of at least one of the games isn’t favourable to the bettor, the cash out will be significantly lower. In extreme cases it could be lower than the stake amount.
On the other hand, if the bet is coming along as expected the cash out will be significantly bigger than the stake in most cases.
At this stage, a bettor could seriously consider cashing out a bet if the outcome of the remaining selections are uncertain.
Practical Cash Out Illustration
Ayo Adesanya
As a bettor, you have placed an hypothetical bet on Togo to beat Nigeria at odds of 5.00, and you stake 10,000.
As the match progresses, if Togo takes a lead with a quarter of the match left to be played chances are that you will be offered a cash out if you have not set Auto cash out.
The cash out in this case will be way higher than your stake because the bet is going as planned. You may choose to accept the cash out as it is a profitable outcome.
If you don’t accept the cash out offer, there is a chance that the match might take an unexpected turn and the cash out will be drastically reduced.
How we Rank the Best Betting Sites With Cash Out
Choosing the best cash out betting site takes some level of expertise, and we are happy to share the important factors that has to be considered before choosing a cash out betting site.
🤑 Factors for choosing a cash out betting site
- 🎈 Availability
Ideally the cash out feature should be available on any sport contained in the Sportsbook of any betting site offering cash out.
However, on some betting sites, the cash out feature is available on a few popular sports like football, Tennis and basketball.
Availability on live events is also another factor to consider.
A betting site which offers cash out on multiple sports and on in-play events is one to consider when choosing a betting site with cash out.
- 💪 Dependability
Cashing out a bet is tied to timing. Initiating cash out when the live event is taking a pivotal turn that does not favour cashing out will be almost impossible.
So, a betting site with a fast and efficient cash out system is very important when considering a cash out.
Another consideration is how often does a betting site offer cash out? Is cash out almost always suspended or available from time to time? These are really important factors to think about when going for a cash out betting site.
- 🎁 Value of Cash out Offer
Betting sites that offer cash out are constantly adjusting odds in relation to the ebb and flow of a game or match. This in turn affects the value of the cash out offer.
Bettors do not have any influence or power over this, but the cash out value in relation to the original stake and the odds at the start of the bet should be fair.
- Flexibility
Punters should have a great deal of control over their bets. There should be freedom and flexibility to choose a type of cash out and when to cash out for the players.
Using the factors above, we have compiled a list of the top betting sites with cash out in Nigeria.
Ayo Adesanya
Editor-In-Chief
When Can I Use the Cash Out Function?
When it comes to using the cash out option, there is no fixed time to use it. However, the underlying thinking should be making profit or worst case scenario to get your stake back.
Certainly cashing out in the early stages of your bet isn’t valuable and cashing out when the bet can’t be salvaged are not great options.
It is advisable to find a point during the lifespan of your bet to eke out the most profits.
Cash Out Pros & Cons
Let's take a close look at some of the advantages and the disadvantages associated with the cash out feature.
Pros | Cons |
Guarantee of some funds back | Potential loss of a big payout |
Reduction of losses | Cash out not available on free bet stakes |
Cash out is available for Acca bets | |
Control over bets |
Final Thoughts on Cash Out Betting Sites In Nigeria
Ayo Adesanya
Sifting through betting sites with cash out is tough task especially if you are not an experienced bettor. But we have done the job on your behalf.
Now, all you have to do is choose any of the betting sites with cash out on our recommended list and start racking up profits from your bets.
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