Cash Out Betting – Best Online Betting Sites with Cashout (2024)

Punters have always used the cash-out feature to reduce the risk involved in online gambling. Slowly and steadily, many leading cricket betting sites have adopted this option in their live betting section to give you more control over your bets. Here, we will walk you through some of the best cash-out betting sites on the market, as well as their pros and cons, so that you can choose one that best suits your needs.

Best Online Betting Sites with Cashout

  • Full and partial cash-out option
  • 100% Risk-free bets up to ₹4,500
  • Average payout speed 10 minutes

100% Sports Welcome Bonus up to ₹9,000

Claim bonus Read 20Bet Review
20Bet
MAIN FEATURES
Live Streaming
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Full and partial cash-out option
  • Weekly cashback up to ₹83, 282
  • One-click registration

120% First Deposit Bonus up to ₹33,000

Claim bonus Read Melbet Review
Melbet
MAIN FEATURES
Live Streaming
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Cash-out option across several markets
  • Fully loaded Analytics Centre for stats-based outcomes
  • Very low minimum deposit of ₹200

250% First Deposit Bonus up to ₹10,000

Claim bonus Read Parimatch Review
Parimatch
MAIN FEATURES
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Supports cash-out
  • Get ₹1,000 sign-up bonus
  • Up to ₹3,000 cricket and kabaddi free bets

150% Sports Bonus up to ₹1,00,000

Claim bonus Read Rajabets Review
Rajabets
MAIN FEATURES
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Full and partial cash-out option
  • 100% Weekly sports bonus up to ₹20,000
  • Cricket betting exchange available

222% First Deposit Bonus up to ₹15,000

Claim bonus Read Fun88 Review
Fun88
MAIN FEATURES
Betting Exchange
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Cash-out on all bets
  • Weekly free bets up to ₹1,000
  • Best cricket betting odds

100% First Deposit Bonus up to ₹15,000

Claim bonus Read 10CRIC Review
10CRIC
MAIN FEATURES
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Full and partial cash-out option
  • Up to ₹2,492 cricket free bets
  • Excellent range of markets

120% First Deposit Bonus up to ₹33,000

Claim bonus Read 1xBet Review
1xBet
MAIN FEATURES
Live Streaming
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Full and partial cash-out option
  • Weekly loyalty cashback up to ₹25,000
  • Low minimum deposit and swift payouts

200% First Deposit Bonus up to ₹12,500

Claim bonus Read Indibet Review
Indibet
MAIN FEATURES
Live Streaming
Betting Exchange
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
Average payout speed

Best Cash-out Betting Sites: Reviewed

In this section, we aim to give you a rundown of some of the best betting sites with cash-out so that you can compare them basis their pros and cons and make an informed pick. Let’s get started.

1. 20Bet

Set up as recently as in 2020, 20Bet has gradually established itself as one of the leading cash-out betting sites currently on the Indian market. Why do we say that? That's because not only does the bookmaker offer the cash-out option across a broad range of betting markets, but it also provides the full monty: full cash out, partial cash out, as well as auto cash out.

Importantly, 20Bet also has one of the lowest minimum deposit limits compared to its competition.

20Bet Pros
  • Favourable pre-match and in-play odds
  • Supports UPI, Netbanking, Paytm
  • Full, partial, and auto cashout options
  • Generous free bets up to ₹90,000
  • Range of sports betting bonuses
20Bet Cons
  • Lacks on-call customer support
  • Sporadic lags and stutters in the website and mobile UI

2. Melbet

With over 12 years of experience in the Indian online gambling landscape, Melbet certainly stakes a claim to be one of the best betting sites with cash-out functionality. The full and partial cash-out provisions across its various in-play betting markets let you reduce your losses should you feel that a wager might not go your way.

Also, the fact that Melbet has a very low minimum deposit, provides excellent livestreaming options, and offers a handsome welcome bonus up to ₹20,000 is the obvious icing on the cake.

Melbet Pros
  • Low minimum UPI deposit of ₹300
  • One-click registration
  • Fast withdrawal
  • Full and partial cash-out options
Melbet Cons
  • Misses out on FAQs
  • Slightly high withdrawal limits with India-specific payment options
  • The layout can be overwhelming
  • Live chat response time could come down

3. Parimatch

Even after two and a half decades of its inception, Parimatch still holds its ground as one of the pioneering betting sites with cash-out options in the Indian subcontinent. Thanks to multiple India-specific payment systems, you will find that cashing out on live betting markets is a hassle-free experience with this bookmaker.

Parimatch Pros
  • Instant deposits
  • Low minimum deposit
  • Multiple betting markets with cash-out
  • Dedicated stats section
  • Analytics Centre for stats-based match outcomes
  • Lucrative tiered bonuses with PM Gurus
Parimatch Cons
  • Dearth of long-term bonuses
  • Lack of cricket-specific promotions
  • Relative shortage of India-friendly withdrawal options

4. Rajabets

Rajabets might be a relatively new player in the Indian market; however, in a short span of time, it has become one of the best online bookies with cash-out. Moreover, the bookmaker offers a handsome sports welcome bonus up to ₹1,00,000, giving you just about the perfect start to your betting journey.

Importantly, Rajabets supports multiple India-specific payment methods, like Google Pay, AstroPay, IMPS, Paytm, and Visa.

Rajabets Pros
  • Handsome welcome bonus up to ₹1,00,000
  • Generous free bets up to ₹3,000
  • Several sports betting promotions
  • Has 50+ live sports options to choose from
  • Low minimum deposit
  • Competitive betting odds
Rajabets Cons
  • No live streaming option
  • Delays in customer assistance
  • Lacks some common cricket betting markets

5. Fun88

Operating for over 15 years in multiple countries overseas, Fun88 is a force to be reckoned with domestically as well. It ticks almost all the right boxes: a comprehensive sportsbook with ample live betting markets, competitive odds, and high-value sports promotions, making Fun88 one of the top-rated cash-out betting sites in India.

That said, if we must focus on the inconveniences, this bookmaker has definitely got one aspect to work on: introducing more India-specific payment methods for fast withdrawals.

Fun88 Pros
  • Generous referral bonus of ₹1,000
  • Full and partial cashout option available
  • Low minimum deposit of ₹100
Fun88 Cons
  • Live streaming not available
  • Needs more India-specific withdrawal options

6. 10CRIC

A list of the top cash-out betting sites cannot be complete without 10CRIC in it. When you play with this bookmaker, you can rest assured that its early cash-out option has got you covered should you have reason to believe that you've put your money on an unlikely event.

The best part about 10CRIC's cash-out option is that it is available on all types of bets, both pre-match and live wagers. Simply select how much you’d like to withdraw and leave the rest of your stake active.

10CRIC Pros
  • Focused on Indians and cricket betting
  • Arguably offers the best cricket betting odds
  • Detailed in-game stats
  • Straightforward UI for effortless navigation
  • Low minimum deposit
  • Fast payouts
  • Both full and partial cash-out available
10CRIC Cons
  • No live streaming
  • High minimum withdrawal limit with some payment options
  • Relative dearth of Indian-friendly banking methods
  • Shortage of long-term sports betting promotions
  • Welcome bonus keeps changing often

7. 1xBet

Without a doubt, 1xBet is currently one of the best online betting sites with cash out, and so we strongly recommend it, as the platform allows you to reduce the risk quotient of your wager and keep losses in check. That said, please note that the cash-out option may not be available for the less popular matches/tournaments.

You will just need to take a look at your bet slip to be sure of whether the event you have bet on has the cash-out provision or not. Importantly, 1xBet supports several India-specific payment methods, which makes the overall experience smooth and hassle-free.

1xBet Pros
  • Full and partial cash-out available
  • Range of sports betting promotions
  • High-quality livestreaming
  • Regular cashbacks for VIP members
  • Generous welcome bonus up to ₹33,000
  • One-click registration
  • Easy payment methods
1xBet Cons
  • Customer assistance is not up to the mark
  • Website layout needs to be improved

8. Indibet

As of the date of publishing this article, Indibet offers the cash-out option only on the sports betting exchange. You can avail of both full and partial cashouts, depending on the market. Importantly, the bookmaker accepts a low minimum deposit of ₹200, has arguably one of the best livestreaming features we have experienced recently, and typically processes payouts within 24-48 hours.

With all these factors combined, we think Indibet is definitely one of the best online betting sites with cash-outs on the market currently.

Indibet Pros
  • Offers full and partial cash-out across markets
  • Benchmark in cricket livestreaming
  • Sports betting exchange available
  • Low minimum deposit
  • Fantastic customer support on live chat
Indibet Cons
  • Shortage of India-specific withdrawal methods
  • Cash-out option limited to betting exchange

Top 10 Cash-Out Betting Sites: Snapshot

BookmakerFull Cash OutPartial Cash Out
20BetYesYes
MelbetYesYes
ParimatchYesNo
RajabetsYesNA
Fun88YesYes
1xBetYesYes
10CRICYesYes
IndibetYesYes

What Is Cash-Out Betting?

With the race for innovation in the Indian sports betting market at full throttle, it’s no surprise that there has been a huge influx of betting sites with cash-out options.

  • Usually available for most of the popular sports markets like cricket, football, tennis, and the like, the cashout feature allows you to either freeze your current profits or limit your losses while the event that you put your money on is still underway.
  • It can also be considered an extension to live betting, as you will constantly need to monitor the sporting event in real-time. If you notice your chances of achieving the desired outcome getting lower, you can minimise your losses by choosing to cash out.

Getting overwhelmed with the cash-out madness? Don’t worry, we’ve got you covered. Here is a step-by-step guide to how cash-out betting works.

How Does Cash Out Work?

It’s about time that we address the burning question: How does cashout work? To that end, I will take you through a live bet that I placed on a T20I match between Sri Lanka and Afghanistan on 10CRIC.

  • Step 1: Here, I bet on the market ‘1st Innings – Sri Lanka Top Batter’. After careful consideration of various factors like current form, past records, venue, and pitch report, I placed my bet on Sri Lankan Pathum Nissanka to be the top batsman for his side @ 4.10.
  • Step 2: As the game progressed, during Sri Lanka’s innings, I noticed that Nissanka wasn't looking in great form and was struggling to settle in. I also observed that his odds were changing dynamically in response to what was happening in the match. I felt that this bet of mine could lose, so I went for the cashout option.

Here, you will notice that the cash-out amount is less than the amount I staked. This is reflective of the bookmaker’s current evaluation of the said event as per the match's progress. The updated odds will also influence how much will actually be offered once I have pressed the cash-out button.

  • Step 3: I clicked on ‘Confirm Cashout’, after which the cashed-out amount was automatically added to the existing balance in my 10CRIC betting account.

Screenshots of betslips on 10cric

(Source: 10CRIC)

How Bookmakers Calculate The Cash-out Amount?

Simply put, the cash-out amount is calculated by taking the potential returns from the initial bet on an event and comparing them with the present odds of the same.

Therefore, Cashout Amount = Potential Returns / Current Odds.

Let’s again go back to the above-mentioned example.

  • The bookmaker has offered odds of 6.00 on Afghanistan to win the match. You bet ₹100 on the same, and your potential win is ₹600 (100 x 6.00).
  • As the match progresses, Afghanistan posts a mammoth total of 209 in 20 overs, which boosts Afghanistan's win probability. Now, the bookmaker offers revised odds of 3.00 on Afghanistan to win.

So, as per the formula for cashout value, we get ₹600/3.00 = ₹200. However, the bookmaker usually reduces the cash-out value by adding an additional margin, for example, around 25%. So, in this scenario, a realistic cash out value will be approximately ₹150.

What is Full Cash Out?

This is the simplest and most common variant found across the leading cash-out betting sites. As the name suggests, the bookmaker gives you the option to settle your entire bet at the offered cashout value. If you choose the full cash-out option, the amount gets added to your balance, and the outcome of the said event does not matter anymore.

PRO TIP: Avail the full cash-out option when you feel that the outcome of an event might not be in your favour, and you are satisfied with the cash-out value that the bookmaker is offering.

What is Partial Cash Out?

  • This is the second and slightly less common variant of the cash-out option, giving you additional flexibility by letting you cash out one part of your bet while the remaining part is still active at the current odds.
  • Let’s yet again take the example of the same match, where you have bet on Afghanistan to win against Sri Lanka.
  • Even though Afghanistan has a higher win probability, you have a slight doubt that Sri Lanka might defeat them owing to their current run rate.
  • Initially, you bet ₹100 @ 6.00 on Afghanistan to win, where your potential winnings equal ₹600. Simple math.
  • The bookmaker now offers you a cash-out option of ₹150 based on the current odds at 3.00. You choose to partially cash out 50% of the sum, i.e., ₹75. This amount will be added to your account.

Therefore, your new active bet will be ₹75 @ 3.00 on Afghanistan to win. So, your revised potential winnings are: ₹225.

What is Auto Cash Out?

Auto cashout is the third variant. With this, you can set a specific cash-out amount in advance. If the cash-out value for the bet reaches the limit you have set, your bet will automatically cash out.

Let’s go back to the Afghanistan vs. Sri Lanka example again.

  • Say you’ve bet ₹100 at odds of 6.00 on Afghanistan to win along with a cash-out limit of ₹130.
  • Once the cash-out value reaches the set amount, ₹130 will be added to your account, and the outcome of the said event will not matter anymore.

PRO TIP: This option is best used when you are unable to regularly monitor the live event that you’ve bet on, but you have an amount in mind when you want to cash out.

Cash-Out Betting Sites: Advantages

  • Reduced Risk: Cashout lets you minimise and/or control the risk factor of your bets. You can cash out early if you feel that a twist of fate can ruin your desired outcome.
  • More Control: Cashout allows you more control over your wager. Instead of waiting around for an event to finish, you can cash out and use the funds to bet on more profitable events.
  • Increased Flexibility: With options such as full, partial, and auto cashout, you can tweak your betting strategy as per your requirements.

Why Is Cash Out Not Available?

Even though we have some of the best cash-out betting sites providing both full and partial cash-out options, there could be a few instances when you may not be able to avail of this feature. Below, you will find a list of those:

  • Market suspension: A vital change in the course of a game, such as an equalising goal in the last ten minutes of a football match or a set batsman getting out while chasing a total, leads to a reassessment in the cash out. In such cases, the bookie might temporarily make the cashout feature unavailable.
  • Coverage issues: The bookmaker can remove cash-out options for sporting events that fail to get coverage due to any issue.
  • Technical glitches: In some rare cases, technical glitches in the user interface of the bookmaker’s website may prevent the cash out feature from functioning properly.
  • Market choice: Cash out is never available on all the markets present in a sportsbook. At the end of the day, it’s the bookmaker’s call, as they design it strategically to maximise profits. Most of the time, cashouts are only available for live betting markets.
  • Cashout abuse: Abusing this feature on almost every bet can put you under the bookmaker's radar, which might lead you to get temporarily suspended from availing of the cash out option.

CricketBettingAdvice Final Say

One can definitely not argue with the saying, ‘Cashout takes the sweat off your bet’. While the cash-out option certainly allows you to reduce risks and have more control over your wager, it might become a problem in the long run. You can lose the confidence to see a bet through and, in the process, miss out on potentially bigger winnings.

So, the idea is to use strategically and judiciously the cash-out feature on your bets.

Cash-out Betting FAQs

What does cash out mean in betting?

Cash-out is a special feature that bookmakers offer to help you settle your bet early to safeguard winnings or minimise losses.

How do I cash out?

Head to the online bookmaker of your choice. Then, go to ‘My Bets’, select the desired live bet, and choose the cash-out option(s) provided to you. In this guide, we have explained in detail the entire process of cashing out, so we suggest you please go back and give it a thorough read.

How does cashout work?

The cash-out option works by allowing you to withdraw your initial stake up to a limit that is set by the bookmaker. Cash out can be full, partial, or automatic.

Which are some apps, like Betway, that offer the cash-out option?

Betway does not operate in India anymore. So if you want to avail of the cash-out option when betting, some ideal alternatives are the 20Bet, Parimatch, Melbet, Fun88, and the 10CRIC apps.

Which are some betting sites, like Bet365, that offer a cash-out option?

Much like Betay, Bet365 does not operate in India anymore. So, as alternatives, we will rate 20Bet, Melbet, 1xBet, Parimatch, and 10CRIC as some of the best betting sites with cash-out.

Do Sky Bet and Betfair offer the cash-out option?

Unfortunately, neither of these bookmakers is available in India, as they're geo-restricted. So, in a nutshell, you cannot avail of the Sky Bet and Betfair cash-out options if you're betting from this country.

Is cash out always available?

No, cash-out betting is not always available. More often than not, operators allow you to cash out only on live bets, and that too on a handful of markets only.

Can you cash out free bets?

No, you can’t cash out on free bets. However, read the bookmaker's terms and conditions carefully before playing.

When to cash out in betting?

If you feel that you may lose a bet, you can cash out to protect your winnings or reduce your losses.

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