Luxbet Cash Out is About to Arrive
Cash Out has become the new betting tool that Aussies have taken to and Luxbet is the latest bookmaker to add the product to their already feature rich site.
Luxbet have put the finishing touches to the Cash Out option on their site and its about to launch to all Luxbet punters. Checkout the Luxbet site for detailed info on Cash Out
Cash Out lets you get out of your bet early. If the scores are really close you can take your winnings and run and end any risk of losing.
Luxbet Cash Out will be available on the Luxbet app and the Luxbet.com site giving you the option where ever you are.
Cash Out is only allowed on fixed price single and multi bet on certain sports that will have a special CO symbol on the market description.
Advantages of Cash Out
Obviously the main advantage of Cash Out is to collect your money before a result.
A good scenario of the best use of Cash Out is if you have a 5 leg multi and have won 4 with 1 leg remaining. You find out that a couple of injuries have seen some of the teams best players pull out, Cash Out gives you the opportunity to take the winnings from the first 4 legs.
Its the closest thing to in-play online betting as we are going to get in Australia. Unfortunately online in-play betting is currently banned in Australia. Cash out is essentially betting in-play or laying your bet while the game is still on.
Disadvantages of Cash Out
Reduced winnings. The temptations of being able to Cash Out may cost you money in the long run. If your team is 2 points down with a minute to go and you cash out at reduced odds only to have your team kick the next goal to win the match. Its all about how long you can hold your nerve!
Luxbet currently offer new punters a massive $500 free bet. Simply make any deposit with Luxbet and they will match it 100% up to a massive $500. See more on this deposit offer on the Luxbet site or on our Luxbet review page here.