Glossary
Cash out
Cash out lets a bettor settle a bet early for a value the bookmaker offers based on current odds, rather than waiting for the result.
Cash out offers an early settlement figure derived from the current price of the selection. It is convenient for the bettor but carries a margin, so it is rarely optimal versus laying the position on an exchange.
For matched betting and trading, the relevant comparison is the exchange lay price, which the feed pairs against the back price — the basis on which an early-settlement decision is actually evaluated.
Related terms & coverage
OddsRelay delivers this as part of one already-matched feed. See live coverage on the coverage dashboard.