Cash Out has proven extremely popular with punters, as it gives them more control over their bets and how they’d like them settled. In this article we’re going to have a look at all the different bookmakers that offer the service in South Africa, as well as how you can starting cashing out today. We’ll be adding more bookmakers to this list as they launch their own cash out products.
South African Betting Sites with Cash Out
Several South African Sports Betting sites offer cash out to its punters in various forms. The most widely found cash out is the traditional cash out feature, but there are several other forms of cash out on offer, including Auto Cash Out, Partial Cash Out and More. Currently the best cash out product is the one from Sportingbet, which allows you to cash out at almost any time.
Sportingbet Cash Out
Sportingbet were the first betting company in South Africa to offer cash out and have also recently introduced Auto Cash Out, which you can read about here. Sportingbet currently have a 100% deposit match up to R2000 for new customers. Sportingbet’s cash out is the market leader and far superior to many other bookmakers included in this list. If you are serious about using cash out we high recommend using Sportingbet as your bookmaker.
Betway Cash Out
Betway have been offering cash out in the UK for a few years but have recently launched cash out for Betway South Africa. With Betway’s incredible growth and popularity it’s no surprise that it’s proven to be a hit with punters. Betway have a R25 Free Bet registration offer for new punters, no deposit required.
Sunbet Cash Out
Sunbet were the 2nd bookmaker in South Africa to offer cash out on their World Class betting platform. We found Sunbet’s service to be one of the best in South Africa and combined with a 100% deposit match up to R1000 you shouldn’t need much else to get started!
Gbets Cash Out
Gbets offer both full cash out and partial cash to its punters on it’s new Gbets 2.0 site. They also offer lucky numbers, horse racing and more. Gbets are currently offering punters a 100% deposit match bonus on their first deposit of R20 or more.
Curiously Betxchange haven’t said much about their cash out product but they do offer it according to their site. Betxchange have a huge 100% deposit match up to R10,000 for new punters.
Supabets are the latest entry on this list to offer cash out. They launched their cash out in March 2019 much to the delight of their fans. Supabets aren’t messing around with their bonuses either, they currently have a 100% deposit match up to R10,000 for new customers.
If you’d like to know more about any of the bookmaker we’ve mentioned about feel free to click on the review button under each one, it will take you to a comprehensive review of each bookmaker mentioned in this list.
How does Cash Out work?
Cash out allows punters to get money back on their bets before the event or match you are betting on is over. The amount of money you get back when using cash out is determined at the time of cashing out and will depend upon the current likelihood of the bet winning, it could be greater or less than the initial stake.
This option is normally offered as part of in-running betting, also known as in-play or live betting. This is betting while the event to which the bet relates is actually taking place. Examples include, placing a bet on a horse race while the race is being run or a football match that has already kicked off.
- The availability of cash out will vary from bookmaker to bookmaker.
- Cash out offers are subject to live betting markets which can be volatile during a sporting event and increasingly so in the final stages.
- Given any cash out offer is determined by the current live market prices (which are subject to time delays) it follows that the available offer will itself be increasingly volatile as the likely outcome of the event becomes potentially clearer.
- As the likely chances of winning change, an offer for cash out will increase, decrease or be removed altogether.