In play and pre-macth cash-out
What is Cashout?
CashOut is a revolutionary real-time feature offered by ActionBet to give you control over your bet(s). With this feature, you can guarantee yourself a profit, or minimize your losses.
How does it Work?
You have the opportunity to cashout on your bet(s) while the game(s) in your bet is/are being played. For example:
Assuming in your bet of five (5) games with a stake and potential winning of N10,000 and N100,000 respectively, three games have been played won and the last two are being played, a cashout value of N80,000 may be offered depending on the current statistics of the ongoing events. With this, you stand a chance to cashout N80,000 before the games end or wait till the final whistle is blown to have N100,000 or N0.0. The choice will be yours!
How can I CashOut?
In-store Cashout
You simply hand in your ticket that you wish to CashOut to the cashier who will check your offered cashout value and lock it in. The amount cashed out will be paid to you in cash by the cashier instantly.
Online Cashout
Online player is to login to his/her account and select ‘My Bets’. Those with the Cashout icon can be cashed out immediately.
Please note that bets placed with Bonus Funds cannot be cashed out.
How much will I win?
Your Cashout amount depends on the likely outcome of your bet base on the event statistics. The more likely it is to come through, the greater the amount you can Cashout. The amount to be offered is solely dependent on ActionBet’s decision and not by any formula.
Terms and Conditions
1) Cashout is available on a wide variety of markets. However, ActionBet has the right to remove some games or competitions or sports from the CashOut offer at any time without prior notice to the player.
2) A time delay in accepting a Cashout request is in place. If a price changes or a market is suspended, then the Cashout of the original amount request may not be successful.
3) If the Cashout request is successful, the amount will be displayed and the bet will be settled immediately. The actual final result of the related market will have no impact on the Cashout amount.
4) The Cashout amount offered at any time is the total amount that will be returned to your account if successful.
5) Where we have reason to believe that a Cashout is carried out after the outcome of an event is known, we reserve the right to void the original bet that was Cashed Out at any time.
6) Any bets that are settled in full or part using Cashout will not count towards the turnover requirement of any offer.
7) Bets placed with Bonus Funds cannot be cashed out.
8) ActionBet cannot guarantee that the Cashout feature will be available on your bet selection.
9) ActionBet will not be responsible if the Cashout feature is not available for technical reasons and bets will stand as originally placed during any such period.
10) ActionBet reserves the right to accept or decline any bet/wager requested for any sport, competition, market or bet type that is included in the Cashout feature.
11) ActionBet reserves the right to amend, suspend or remove the Cashout feature at any time for any event, fixture or market. Any bets placed on such events, fixtures or markets will stand as originally placed.
12) ActionBet reserves the right to reverse the settlement of a Cashout if the bet or a market is settled in error.
