Skybet Cash Out Explained – Lower Your Risks in the Right Moment

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18+. T&C Apply. Free bets non withdrawable. Single & E/W bets only. Free bet stake not included in returns. 30 day free bet expiry. Begambleaware.org

A cash out option is available at Skybet. This enables customers to cash in and take their money when the wager is going well or to cut their losses when it isn’t. However, because of the nature of in-play betting, the Skybet cash out facility isn’t always possible and could be withdrawn or suspended at any time.

Cash Out Features of Skybet

The Skybet cash out option is subject to a number of terms and conditions. It is not available on permutation, Ante Post, or SP bets. Any bets which are eligible for other Skybet promotions such as price boosts or free bets are also ineligible for the cash out facility. The maximum pay out is limited to £100,000, and the stake is not included in the returns which are offered. Skybet advise their customers not to place a bet with the expectation that they could always cash it in as there is no guarantee it will be possible at the time of the match/race. Customers can see which markets and sports are eligible for the cash out option by the presence of an icon next to the match/race in the ‘My Bets’ section of their betting slip.

The amount which is offered to customers depends on the size of their stake; the price when they placed their bet and the price at the time they decide to cash in their wager. This settlement value fluctuates according to the state of play, and it could be more or less than their original stake. To take advantage of this cash out option, customers should click on the ‘cash out’ button in their betting slip. Once they accept the cash out settlement, the amount is transferred to their Skybet account like any other winning bet.