Cashout refers to the ability to close a bet and cut your losses, or secure profits early. Lets explain cashout with two scenarios
You’ve bet on Arsenal to beat Everton, and they are losing 2-0 in the 75th minute. At this point, it looks like your bet has gone sideways, so you may consider cashing out, and getting some of your stake back, and move on to another bet.
You’ve bet on Crystal Palace to beat Leeds, and they’re up 1-0, but Leeds are knocking on the door and are looking likely to score soon. Cashing out here would mean that you would secure some of your profits.
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