Cash Out as a Powerful Tool to Manage Your Bets at 1Win
The Cash Out feature can be considered relatively new, and not all betting operators currently support it. But the leading players in the sports betting market, of course, cannot ignore it, so 1Win Cash Out has been available for several years already.
This tool gives bettors the opportunity to fully control their bets. Using it, they can, depending on the situation, either reduce financial losses from a bad bet, or quickly get a guaranteed win without waiting for the end of the sporting event.
But not in all cases the use of Cash Out is justified, so in this review we will tell you how and when it is best to use this tool. The review is primarily aimed at beginners, but experienced Indian bettors will surely learn something useful from it.
What is Cash Out?
Cash Out is a special feature with the help of which bettors get the opportunity to withdraw their 1 Win bet even before the sporting event is over and it is settled naturally. Below we will try to explain how it works with a concrete example.
Suppose you decide to place a bet of INR 1,000 on a football match at odds of 3.00, assuming that the first team wins the match. In this case, if the match ends as you predict, 1Win will pay you INR 3,000 at the end of the match.
But let’s assume that the match comes to an end, the team you bet on wins 1-0, but the opponents are persistently attacking and you are no longer sure that the match will end successfully. It is in such situations that you should use Cash Out. You have the opportunity to sell your bet early, getting a slightly smaller amount (2,300-2,700 INR) instead of 3,000 INR, but not worrying about the future course of the game. Thus, using Cash Out, bettors reduce their risks, but get a slightly smaller payout from 1 Win.
Cases in Which You Can Use the Cash Out Function
It only makes sense to use this feature in real time. Therefore, if you plan to keep this feature, make sure that the event you are betting on at 1Win will be covered not only before the match but also live.
And there is one more nuance to consider. You should not take too long to use Cash Out. Depending on how events unfold in the match, 1 Win live bets are periodically closed and you may not be able to withdraw your bet if there are any drastic changes in the game.
Cash Out for Express Bets
If used correctly, this tool can be especially useful for those Indian bettors who like to make expresses of several outcomes. Here, too, a specific example will be useful.
Let’s assume that you have made an express in 1Win of 10 events with approximately equal odds on the outcomes in the range of 1.5-1.6. Successful completion of each of the events will gradually increase the amount of available Cash Out. And in the end it may turn out that after 7-8 positive outcomes, you can sell your bet for quite a decent amount without waiting for the rest of the events to finish and without worrying about their final result.
As you can see, this feature can find a very wide application in 1Win. However, it is not always advisable to use Cash Out. We will talk about this aspect below.
Types of Cash Out
There are two options for early withdrawal of bets – full and partial. In the case of a full Cash Out, you take everything that 1 Win is currently offering you. Partial Cash Out is a bit more complicated, but in the most simplified sense you have the option to take only a share of your bet and leave the rest of it in the hope that the match will end favourably.
You can also use automatic Cash Out in 1Win. But we wouldn’t recommend it for beginners. Without sufficient betting experience, it is very difficult to predict all the scenarios in which a match may unfold and to optimise the settings for automatic betting.
Cases in Which the Use of Cash Out Should Be Avoided
Cash Out is not always the best option. We do not recommend using this feature if you will receive an amount that is significantly less than the size of your initial bet. This applies to situations where 1 Win offers a Cash Out of a maximum of 25% of the total bet amount.
Yes, from a psychological point of view it is hard for a bettor to refuse at least some compensation for a bet that seems hopeless. But it is always worth keeping a share of hope that the original plan was correct and the course of the match will turn in your favour.
To summarise the results of this review, the general conclusion is that Cash Out is a great feature that is suitable for managing both winnings and financial losses in case of not quite successful sports bets. By using this tool correctly, you will be able to control all your bets and make your 1Win game as efficient as possible.