You have probably already noticed the brand new Cash Out feature on the Iron Bet website. We want to show you and explain in a few easy steps how to use the Cash Out feature for your own advantage.
With the Cash Out option you are in full charge of your betting account. To maximize your winnings and to minimize your losses, that is the main goal of this option. Having the possibility to close your bets manually before the scheduled closing time, you are offered returns by the system. These returns enter your player account immediately.
The Cash Out option can be recognized by the orange button on your bet slip or in the "Bets List" in "My Account" section.
Bets Overview in "My Account" - Bets Slip:
A Cash Out at Iron Bet is easy. To close a bet early and to realize your earnings on the spot through the prices offered by the system, just click on the orange "Cash Out" button at the bottom of your bet slip. The offered amount of money depends on the actual probable result of your open bet and can be higher or lower than your original bet stake.
The amount offered depends on the probability of a successful result of your bet at that exact moment in time. A soccer bet when e.g. Team A is leading 2-0 after 85 minutes - and you bet on Team A to win in 1X2 (match result) - will offer your Cash Out amount very close to the actual returns when you wait until your bet is normally settled.
The Cash Out returns in case you bet on Team B will be quite low, as the chances of Team B winning this match has a low probability.
You can use Cash Out on both pre-match and in-play bets. Cash Out is available on selected markets of the following sports: Soccer, Tennis, Basketball, Volleyball, Beach Volleyball, Handball, Hockey, Football, Baseball, Golf, Cricket, Rugby Union, Rugby League, eSports, Badminton, Snooker, Darts, Boxing, MMA. Also feel free to place multiple bets (with 2 selections or more) consisting of these markets. You can then close the whole multiple bet earlier (e.g. 3 out of 5 bets are already settled).
Currently this tool is unavailable on the following markets: Draw No Bet (money line), 2-way full point handicap, 2-way Full point over/under, Double Chance (inc. Halftime), To Win To Nil, Clean Sheet, Favorite to win by, To Win not to nil, Win both Halves, Team to score in both halves, in Either Half, Win from Behind, Highest Scoring Quarter.
Each way bets (e.g. in Golf betting) are not eligible for Cash Out.
Now it's up to you: Take control over your bets! Maximize your winnings with the reducing of your losses at the same time - so easy and profitable can be sports betting on Iron Bet with the new, innovative Cash Out feature.
You got more questions? Please feel free to get in touch with our great customer support team, available for you 24/7!