After placing your bet and the game begins, your bet is officially live. Once the game is underway, you'll have the option to cash out if your sportsbook offers it. This option will appear on the screen on your mobile device or computer if it's available.
A quick and easy to use tool, 'Cash Out' is a function which is available with most betting providers, giving the bettor an opportunity to take a profit, or loss in some cases, before an event has been completed and settled.