The good news is that yes, Sky Bet is one of several big name bookmakers that offer cash out. But if you’ve never used this feature before, you might be wondering how it works and what you need to do. That’s why we’ve put together this guide explaining how to cash out on Sky Bet.
Before you can cash out your bet, you will obviously need to have an account. Sky Bet is an incredibly popular bookmaker and not only offer a generous welcome offer but also run a number of promotions, price boosts and money-back offers for existing customers.
If you’d like to sign up to Sky Bet, simply click on the button below. Be sure to qualify for their new customer offer which can see you receive £20 in free bets when placing your first bet at Sky Bet.
Once you have an account, you will be able to place bets and cash them out if you wish. Using the cash out feature on Sky Bet is very easy and we’ll show you exactly how it works below.
After placing a bet through your Sky Bet account, you’ll be able to view it in the ‘My Bets’ section. This area will display all of your open bets whether they are in-play or upcoming.
Within the ‘My Bets’ section, you’ll see a button labelled ‘View Cash Out Bets’ as shown in the image below.
Clicking on this button will display all of your bets which are eligible for cash out.
The cash out amount will be displayed alongside the corresponding bet. If you’re happy with the cash out amount, simply click the button to confirm cash out and the amount will instantly be added to your available cash balance.
For example, if you look at the image to the right, the cash out amount for our accumulator is showing as £36.75. If we wanted to cash out this bet, we would click the green button and £36.75 would be added to our cash balance. Our bet would then end and we would receive no further returns should the selections in our accumulator end up winning.
Cash out is available on a range of markets for sports such as football, horse racing, American Football, basketball, boxing, cricket, darts, tennis, rugby union and Esports. Sky Bet cash out can also be used on different types of bets including Singles, doubles and accumulators.
Yes, Sky will allow you to use cash out on a free bet. However, the stake will not be included in the cash out amount. Therefore it will only be offered where the value of the offer is high enough to give a return.
If your bet is eligible for cash out, it will appear in the Cash Out section of ‘My Bets’. You’ll need to be logged into your Sky Bet account to access this area.
There are a few reasons why you are not able to cash out your bet such as:
The current cash out amount of any bet is based on a number of variables such as:
When an event is either postponed or cancelled, it is possible that cash out will not be available. If Sky Bet have left the market open, cash out should be available but if they have closed it, you will not be able to cash out.
The maximum cash out amount with Sky Bet is £500,000