Good day, I welcome you to another beautiful day. Yesterday we discussed about Cash Out in b€tting. And our predictions on the sure odds was also success.
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Now we can continue from where we stopped regarding Cash out in b€tting.
In every cash out you always get back an amount smaller than your original bet in this situation, but you are happy that you did not lose all.
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Secure Your Winning
In this second scenario, you are b€tting $20 on a match between Barcelona and Juventus. Your bet is at 2.00 odds for a Barcelona win. You can get $20×2= $40 if you win.
Initially, Barca is leading with 2 goals. However, in the 65th minute of play, Juventus equalizes and is very much threatening on the attack.
You are afraid that before the end, Juventus will equalize. So you trigger the Cashing Out offering of $30. You immediately pocket this amount and you have nothing else to fear from your bet, even if Juventus eventually equalized.
Similarly, you are no longer bothered if Barca holds its place or not, as you would have earned your money already. Though your win is lower than expected, it is also higher than your stake.
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How Is Cashing Out Being Calculated?
You can calculate the value of your cash out immediately after you place your bet, based on several variables unique to your b€t, event, and selection.
The following factors come into play when calculating your cash out value:
The price at the time of making the bet; and at the time of CashOut, the current price.
Please note that during the event, your cash out value will adjust as the market odds increase or decrease.
If You Are Cashing Out on Non-Live Market or Future Event:
As the event approaches, the final Cashing Out Value will take the adjustments in Odds into account and continue to update until the event ends or you want to cash it out.
If You Are Cashing Out on Live Market:
As the event approaches and during the live event, the final Cash Out Value will take the changes in Odds into account and continue to revise until the event ends or you want to cash it out.