Cash Out is a feature that allows players the opportunity to close out an open bet for a value determined at the time of "cashing out". The amount of money a player gets back is determined at the time of “cashing out” and will depend upon the current likelihood of the bet winning so it could be greater or less than the initial stake. In other words, the players get the chance to close the bets on their own whenever they want depending on the availability of Cash Out option.
Cash Out can be offered both on various types of bets allowing players to cash in on their favourable position for a guaranteed return, or limit their losses by closing out their position for a smaller return.
A player has placed a 10$ bet on Chelsea to win the match, either before the match started or in-play. After first half, Chelsea has a 1-0 lead. Normally the player would have to wait until the match has ended to see if the bet would have come in or not.
By requesting Cash Out option, the customer receives a cash out offer for his original bet to be closed immediately, before the end of the match. Given that Chelsea is leading, we may offer a Cash Out value of 16$.
So the player can decide if he wants to wait until the end of the match and hope his bet to win or take a sure 16$.
By using Cash Out players can secure their winnings, minimize their losses and/or increase their balance amount without the need to deposit again.
The Cash Out option is displayed in Betting History on desktop version and My Bets section on mobile version.
Terms & Conditions
The Cash Out option is available for single and combo bets only, placed Pre-match or Live. System bets are not part of the Cash Out functionality.
A time delay will apply in accepting a Cash Out request. If a price changes or a market is suspended during pending acceptance time, then the Cash Out request may be rejected.
If the Cash Out request is successful, a message will be displayed, the bet will be closed immediately and the balance updated. The real final result of the event will have no impact on the Cash Out returns.
Where a fixture or race is no longer offered by Luckbox due to a postponement or cancellation, Cash Out will not be available. Where the start time of an event has changed, and the market remains available, we will offer a Cash Out value whenever odds are available.
Where one or more selections of a single or combo bet have been cancelled due to a postponement, the opportunity to Cash Out will be available again, with the value determined based on the availability and prices of the remaining selections.
Please note that due to unforeseen technical reasons, Cash Out may not be available at all times. Luckbox will not be held responsible if these services are not available for technical reasons or other reasons beyond our control. Bets placed will stand regardless of the availability of Cash Out
Luckbox doesnt guarantee the availability of Cash Out option. Luckbox recommends not to place bets with the solely intention of cashing out the bet at some point as it may not be available.
The Cash Out option is available for bets placed using bonus funds, but the amount will not count towards the wagering requirements.
The Cash Out option is not available for bets placed as freebets.
Win and each way bets are not part of Cash Out functionality.
Luckbox reserves the right to cancel the settlement of a Cash Out, if the value was calculated in error.
Luckbox reserves the right to remove Cash Out option for a specific player if there are reasons to believe that customer is misusing or taking advantage of odds movements. Where there is enough evidence of price, race, match or event rigging, we reserve the right to cancel bets or withhold payment of winnings pending the outcome of any subsequent investigation.