Compare.bet is powered by readers who sign-up through our site. Thanks for supporting us! ❤️ Find out more

Betting Sites With Cash Out

Want to take full control of your sports bets? We’ve picked out a number of cash out betting sites that are giving you the chance to win big on losing wagers! All you need to do is compare, sign up and cash out with impeccable timing.
By Ben Miles & others Updated
Accepts Players in CA Accepts Players in CA
Expertly Reviewed Expertly Reviewed
Mobile Friendly Mobile Friendly
Fast Withdrawals Fast Withdrawals
Betting SITE Score NEW CUSTOMER OFFER Expert Review GO TO SITE & SIGN UP Terms
1.
74%
2 Risk Free Bets Up to $2000

Reviewed & verified by our team

"Pointsbet is home to a bunch of parlay specials - same game parlays, in-play parlays and parlay booster. Plus, no rollover requirements on free bets."
Sign Up
New Customer Offer Get up to a $500 Refund (in Free Bets) if your 1st Fixed Odds Bet loses and up to a $1,500 Refund (in Free Bets) if your first PointsBetting Wager loses!. New Customers Only! Use Code - WELCOME - to take advantage! 18+. Full T&Cs apply. Please gamble responsibly.
2.
70%
$1000 matched deposit + 5% cashback

Reviewed & verified by our team

"With easy-to-use navigation and the most intuitive layout, placing a bet, depositing and withdrawing your winnings has never been easier"
Sign Up
New Customer Offer The “Bonus” is valued at 100% of the Qualifying Deposit amount, up to a maximum Bonus amount of $1,000. The Bonus will unlock into cash at a rate of 5% (“Cashback Rate”) of the wagered amount on cash bets at greater than -300 odds. Participants will have 60 days from the date they receive the Bonus (“Cashback Period”) to unlock the Bonus balance into cash by placing cash bets 18+. Full T&Cs apply. Please gamble responsibly.
3. Draftkings Ontario
81%
Get Up To $1000 Bonus

Reviewed & verified by our team

"With pools, you can bet on anything from football games to your favorite show. Keep an eye out for special promotions, including free bets, odds boosts and more."
New Customer Offer A customer's first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the customer must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their customer account 18+. Full T&Cs apply. Please gamble responsibly.
4. Fanduel Ontario
93%
$1000 risk free bet

Reviewed & verified by our team

"Bet with Fan Duel for some of the best promos available online - you can place same game parlays, and take part in weekly competitions like NFL Gridiron Pick'em"
Sign Up
New Customer Offer Sign up for FanDuel Sportsbook. Make your first deposit (minimum $10). Place your first bet in the Super Bowl Enhanced Odds market on the homepage. Winnings paid in CASH! 18+. Full T&Cs apply. Please gamble responsibly.

If you’ve placed a few sports bets before, you’re probably already familiar with the cash out feature. Cash out offers are made in real-time, allowing bettors to grab their cash before the end of the game. This popular addition to pre-match and in-play betting puts you in the driver’s seat – you can lock-in a profit or cut your losses in seconds! If you’re new to sports betting, or simply haven’t come across the feature before, you might be wondering how and when you can take advantage of the cash out feature. We’re here to take you through the ins and outs so you can start cashing out to land some big wins.

Cashing Out Explained

Cashing Out in a Nutshell

The concept of cashing out is very simple. Bettors love it as it gives them control over their returns while their bet is still in play. There are numerous scenarios we could use to highlight the functionality of this tool, so let’s take a look at a few examples to see how you can get the most out of the best cash out betting sites.

Single Bet

Using cash out on a single bet allows you to settle the wager before the conclusion of the event you are betting on. Let’s say you’ve placed a bet on a soccer match, for example. In this instance, your team is leading 1-0 at half time and everything’s going pretty well. A moment of madness at the start of the second half sees one of your players red-carded. Such a swing in momentum might leave you feeling unsure about the team’s ability to see the game out. With cash out, you have the option of taking the money offered by your online bookmaker, which is still likely to be in the green considering your pick is winning the match.

You can also use cash out to limit your losses during a bad day at the bookmakers. Let’s say you’ve had a wager on a tennis match, for example, and your pick drops the first set. If you think this spells bad news for your pick and can’t see a comeback, cashing out early allows you recoup some of your stake.

Multiples

If all of the selections in your multiple support the cash out feature, you’ll be able to cash out on accumulators. You could easily cash out to cut your losses if a few of your selections aren’t faring so well. However, the most lucrative cash out offers come along once some of your picks have already won. If you’ve placed a 5-fold horse racing accumulator, for example, and three of your horses have won, you’ll likely be able to grab a tidy profit before the next events even kick-off. This just goes to show how cash out puts you in the driver’s seat.

Partial Cash Out Explained

A number of bookmakers allow bettors to remain in the game despite cashing out, thanks to the partial cash out feature. As the name suggests, this allows you to collect some of your winnings, while leaving a portion of your stake in-play. You’ll have a great range of partial cash out values to choose from although it does vary from betting site to betting site.

Best Partial Cash Out Bookmaker
888 Sports CA
888 Sports CA
Our score 77%
100% up to $200
New Customer Offer $10 min deposit • The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Wagering must be cleared within 60 days • Casino Bonus valid for selected games only • Bonus wins capped at $500, exc. JP wins • 30x wagering 18+. Full T&Cs apply. Please gamble responsibly.

Pros and Cons

The Positives and Negatives of Cashing Out

Pros

  • There's always the chance that you could get one over on the bookmaker and land a profit on what turns out to be a losing bet
  • Your cashed out winnings are usually available shortly after the bet has been settled, so you'll be able to withdraw them as instantly using e-wallets like Neteller and Skrill
  • Cash out is an overwhelmingly popular betting feature so you'll find it available at a lot of betting sites

Cons

  • The cash out value offered by the bookmaker is almost always less than the actual potential winnings should the wager win
  • Developing events in a game or race can lead to the suspension of your bet

Step by Step

Your Guide on how to Cash Out

  1. Place your bet

    In order to cash out a bet later down the line, you’re going to have to first place a bet. Make sure the decision you make is an informed one, taking the time to look through the various markets your chosen bookmaker has available, while also doing some research into the likelihood of your bet paying off. What’s more, double-check that the bet you’re intending to place is available to cash out should you wish to do so.
  2. Keep an eye on the action

    The best way for you to take the most money from a bet before it is settled is by keeping tabs on the event itself. By watching the event or even just tracking the live updates, you stand a better chance of picking the right moment to cash out.
  3. Cash out your bet

    Once you’ve placed your bet and you’re staying up to date with the action, you can now choose to cash out your bet. Have a look at the cash out value before you do so, however, because with the option dependent on live markets, the withdrawable amount can change in an instant. Nonetheless, when you do so, the cash out value will be added to your account balance.

Terms and Conditions

Cash Out Terms and Conditions

While cashing out can often be a fruitful and exciting addition to your online betting experience, the feature will often come with specific terms and conditions that will vary from site to site. It’s important that you understand what they are as they can affect how you use cash out.

Check Which Markets Have Cash Out

Not every market at every bookmaker will give you the option to settle your bet early, so it’s a good idea to check that beforehand. For some players, the ability to cash out may change betting slip selections. You wouldn’t want to place your wager on a bet that you thought was available to cash out, only to find when your side starts losing that you can’t claim anything back.

Look Out for Time Delays

The value of your cash out sum is dependent on how your chosen event unfolds. As a result, this sum can often be quite volatile. In soccer, for example, a change in scoreline, a red card or even a change in momentum can alter the value of your cash out. Due to the live nature of cash out betting, bookmakers put a time delay in place to make sure you’re given the right price when you opt to cash out. This delay is usually no longer than 10 seconds, but of course, anything could happen in this period. If the price changes, your offer will be rescinded and you will be presented with an updated cash out value.

Market Suspensions

Market suspensions are a regular occurrence when you bet in-play, and as such, it is important you understand them before you start cashing out. Markets will be temporarily suspended to account for major incidents or unfolding events, such as when a goal is scored in a hockey game or penalty has been conceded in a soccer match. As such, the option to cash out on that bet will itself be unavailable and you will have to wait for the market to settle down before you can claim any available winnings.

Keeping track of the action through live streams or live updates can help you understand when a market will next be suspended.

Tips

Cashing Out Advice

Do Your Research

Before you cash out your bet, make sure you’ve done some research into the team or individual you’re wagering on. We all have gut feelings about our picks, but the best bets are backed up by a good understanding of how likely it is for your side to come back from a losing position, or for your fighter to recover from a knockdown, for example. While there are no guarantees, looking at previous matches is a great way to inform your decisions.

Don’t Chase Your Losses

The cash out feature has undoubtedly been revolutionary to the world of online betting, giving you more control over your bet while also allowing you to win something from a losing position. But the extra funds should not be seen as an excuse to gamble more and make up for the losses you may have incurred. Betting is a form of entertainment, and while betting sites with cash out available can raise the bar of that experience, it’s important to know when to stop.

Cashout

Betting tips are a great way for you to remain informed about an event, but we would always recommend doing your own research on recent form and standings before you place your wager.

Cash Out Sports

Which Sports can I Cash Out on?

Cash out is available on a range of different sports with the best cash out betting sites making the feature available across a multitude of different markets. Hockey and football are the most well-known sports for cashing out, with the number of different markets available making it great to claim some winnings before the final whistle.

Boxing is another great sport for cashing out on, but due to the speed with which things can change in the ring, settling early requires careful reading of the bout. You’ll need to know exactly the moment the fight is about to change because, if you wait for your fighter to go down before you take your winnings, it may be too late for your boxing cash out bet.

Horse racing markets are another very exciting way to bet, something which is only enhanced by the ability to cash out early. Once again, it’s a very fast paced sport that requires a subtle understanding in order for you to get the most out of your wager, but horse racing cash out bets can also prove to be some of the most rewarding out there.

Other sports markets that will be available for cash out at the top online bookmakers include,

Mobile

Cashing Out on the Go

Mobile betting is now more popular than ever, with the best sites offering bettors the ability to place wagers on super-sophisticated native apps. As such, it is now possible to settle your bets early using the cash out feature from wherever you are in Canada, or even the world. Should your sportsbook give you the option of cashing out, then finding the cash out value of your bet will be clearly displayed and the steps to adding the cash out value to your account balance easy to follow.

The best sites will give you a native app, which will offer you the easiest betting site cash out experience. Not only do native apps allow you to customize the interface of the app itself, but quicker loading speeds mean you can easily make the fast decisions necessary for effective cash out betting. If a bookmaker we’ve recommended doesn’t have an app, however, then you can rest assured that every one of them will at least have a fully optimized mobile site.

Best Betting App
888 Sports CA
888 Sports CA
Our score 77%
100% up to $200
New Customer Offer $10 min deposit • The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Wagering must be cleared within 60 days • Casino Bonus valid for selected games only • Bonus wins capped at $500, exc. JP wins • 30x wagering 18+. Full T&Cs apply. Please gamble responsibly.

Bonuses

Bankroll Boosts when Cashing Out

While you may find the odd exception, cash out isn’t universally available for certain bets made using bonus funds. Furthermore, cashed out bets can sometimes not count towards the wagering requirement of any bonuses you’ve used, including but not exclusive to matched deposits, no deposit bonuses and free bets.

There are some sites that will allow you to use the cash out feature on bonuses, such as free bets. For a free bet, for example, you will only be able to settle your bet early when the cash out value is either equal to or higher than the value of the free bet. This isn’t the case across the board, so it’s in your best interest to check both the cash out terms and conditions as well as those of the bonus.

Types of Betting Bonuses

There are lots of different betting bonuses available for you nowadays, with the best offering you extra funds with minimal wagering requirements. Below we’ve outlined some of the key offers available to you at the top online betting sites.

Matched Deposits

When it comes to top betting bonuses, matched deposits can often be the most rewarding. Under this offer, a betting site will reward you with extra funds based on the value of your first deposit. A 50% matched deposit up to the value of $50, for example, means that your first down payment at a betting site will be matched by 50% — so $50 deposit will give you an extra $25 to play with!

Matched betting bonuses will most likely come with wagering requirements attached that will need to be followed in order for you to claim any winnings made from the offer, however. You will also need to check the terms and conditions of the bonus in case you want to cash it out at any point.

Best Matched Deposit Bonus
Spin Sports
Spin Sports
100% up to $200
New Customer Offer 1st Deposit - Free Bet up to C$ 200 • New customers only • Min deposit C$ 10 • 5x wagering at odds of 1.3+ to unlock free bet 18+. Full T&Cs apply. Please gamble responsibly.

Free Bets

Free bets are incredibly easy to get to grips with and available at pretty much every online bookmaker. You can claim one either as a welcome bonus when you join a site, or as a reward for your loyalty if you’ve been a member for some time. A common example of the bonus would be a $10 free bet, which gives you $10 free to play with. So if you’ve had your eye on some exciting odds but you’re not entirely confident it will come through, then this promotion is a great way for you to take your chances on the bet without risking any of your own money.

These offers will of course come with wagering requirements and other terms and conditions that will need to be adhered to, so make sure you understand how to access your winnings and whether it is eligible for cashing out.

Best Free Bet Bonus
Betway Sport CA
Betway Sport CA
Enjoy 100% up to $100
New customers only. Opt-in required. Bonus based on 1st deposit of $10+. Card or Paypal deposits. 10x wagering at odds of 1.75+. 18+. Full T&Cs apply. Please gamble responsibly.

New Sites

New Sites for Cashing Out

Cashing out is a feature widely accepted by many bookmakers, including some of the most exciting new names on the block, demonstrating the relevance that the feature has to the modern betting industry. But that’s not all that new bookmakers have to offer punters, with a whole range of other forward-thinking attributes also available to take advantage of.

Best New Betting Site
Mansionbet Sport CA
Mansionbet Sport CA
Our score 81%
50% up to $50
New Customer Offer We’ll give you 50% extra up to $50 when you use code MBET50 on your first deposit. So if you deposit $100 – we’ll give you an extra $50 to play with! 18+. Full T&Cs apply. Please gamble responsibly.

Player Friendly Bonuses

Bonuses with low wagering requirements are a common occurrence at new sports betting sites, with punters regularly taking advantage of the better value promotions on offer. But these bonuses will likely have other terms and conditions, such as game restrictions or wagering limits, that will need to be followed in order for you to claim your winnings. What’s more, the bonuses on offer may not be eligible for cash out, so you’ll want to check that detail out if you plan on settling early.

Exciting Features

You won’t find yourself getting bored too easily at the newest betting sites, with fresh bookmakers incorporating features that really enhance the user experience. Community platforms are just one example of what the best new betting sites have to offer, giving customers the ability to share and discuss betting tips so that they can make the most informed bet possible, as well as choosing the optimal moment to cash out.

Range of Betting Markets

New betting sites may not be the oldest names in the industry, but you will still find a vast array of available betting markets. In fact, newer sites will often feature not just an exciting range of both pre-match and in-play markets, but also non-sport related markets such as politics. As such, by using one of the best new betting sites, you’ll often find just what you’re looking for.

Ready to Cash Out?

Cashing out can really help put you back in control of your own bet, making the most of your ability to read a game while also softening the blow of a bet that is likely to lose. They should never be used as a reason to chase your losses, but instead seen as a way for you to come away from a bet with a little bit more than you would have should you have waited for the loss. So check out our list of the top cash out bookmakers in Canada and get playing today!

Your Questions Answered

Can I cash out on any sport?

This depends on what site you’re betting with. Generally, most bookmakers that provide cash out as a feature will give you the option of settling your bet early on most of the sports markets available, but some will limit you to cashing out on just a handful of sports. What’s more, there are certain types of cash outs, such as cashing out on a combination of accumulators and single bets, that are limited to just a few sports by some sportsbooks.

The people behind this page

Compare.bet's online gambling content experts helped write, edit and check the content on this page:

Ben is deputy editor at Compare.bet, specialising in all things gambling and football. He has an MA in American History and extensive writing experience with bylines in a range of different publications, from Breaking the Lines to CLASH. As well as covering Premier League for The Warm Up, he also writes about the Championship and a range of European football topics. In his spare time, Ben enjoys music production and playing football.
Noel is a writer for Compare.bet with over a decade of experience writing on topics including online casino and sports betting.
Danielle Clark

Danielle has six years of experience writing on a wide variety of topics, including online casino, sports betting and tourism. She has a BA in French with English from King’s College.