The translation of cash out means "cash out now" and is an option that allows the customer to exit a 💸 market at any time, allowing you to block the profits made or reduce losses using a mathematical formula that divides 💸 the gain into equal parts to the odds current. There is now an option on the Betfair website that allows 💸 you to divide the profit into different parts according to the greater probability of an event coming out compared to 💸 another. The original definition of cash out is the sharing of 50% of the potential profit accrued at the relative 💸 current odds.
The Betfair cash out is a new betting option launched and invented by Betfair that immediately met with great 💸 success in Great Britain also thanks to a targeted and powerful marketing campaign made up of advertising spots of great 💸 effect and impact.
Cash out is available for the Betting Exchange in England also in sportsbook mode (Betfair as a traditional 💸 bookmaker).
Operationally, once the Betfair cash out button is pressed, the system will close our trade on the Betting Exchange at 💸 the amount available at that time and will close the operation if there is liquidity. It is always advisable to 💸 check if the market has sufficient liquidity to be matched so that by clicking on the relative button, thus avoiding 💸 closing the position at odds that are very far from fair value and therefore disadvantageous.
If you don't pay attention when 💸 you click on the cashout taste you could incur a loss instead of making a profit as you thought. Once 💸 you click on the button, the word cashout comes up which can be misleading.