Betting Sites With Cash Out in Kenya

On this page we will tell you about betting sites with a Cash Out option, about available types of cash out and when it is better to use it. We'll study some real-life examples to see when it is beneficial to cash out, and when it's better to wait until the end of the match.

The List of Betting Sites With Cash Out in Kenya in 2022

Here are the best cash out betting sites in Kenya:

Last updated: 03.12.2022

  • Enhanced odds for popular events
  • Plenty of betting on e-sports
  • Interactive guide

The user gets a free bet equal to half of his first deposit. To wager it you need to make bets of 3 deposit amounts at odds of 3.00 or greater.

  • Odds are among the best in the market
  • Huge selection of bets
  • Lots of bonuses

You have to register, fill in all the fields in your personal account, make a deposit and get two bonuses - each is equal to the amount of your deposit. The first bonus must be wagered with sports bets. The second bonus must be used in 1xGames, but you can reject it.

  • About 50 interface languages
  • Variety of bonuses
  • 30+ sports

Register, fill in all the fields in your personal account, make a deposit and get a bonus equal to the amount of your deposit. To wager it place accumulator bets equal to 5 bonus amounts.

  • Up to 1500 bets on football
  • High odds
  • 30+ sports

Register, fill in all the fields in your personal account, make a deposit and get a bonus of 200% on your first deposit. To wager it, place accumulator bets equal to 12 bonus amounts.

  • Real-time statistics and match results
  • Swahili interface available
  • Intuitive navigation

The bookmaker provides free bets, the total amount of which is 3 times the value of your first deposit. You can get them by making a deposit of 100 / 200 / 300 / 500 KES.

  • Lots of bonuses
  • Video streaming
  • 35+ sports

Register, make a deposit and bet the whole amount of your deposit. The free bet must be used for an accumulator bet consisting of minimum 3 events with odds of 1.30 or above.

  • SMS Betting (the ability to place bets via SMS)
  • Lite-version of the website
  • Casino & virtuals

Register, make a deposit and bet the whole amount of your deposit. The free bet must be used for an accumulator bet consisting of minimum 3 events with odds of 1.30 or above.

  • Wide range of betting markets for top events
  • Jackpot and Virtual Sports sections

Sign up, make a deposit of any amount, and get a bonus equal to the deposit amount, but not exceeding 100 shillings. Wager the bonus and deposit amount at odds of 15/10 (2.50 or above) with single or accumulator bets.

What Should Bettors Know About Cash Out?

Let's find out first what the Cash Out option offered by betting sites is.

Imagine making a pre-match bet on Arsenal winning the London Derby against Chelsea. By the middle of the match, the Gunners are winning by a narrow margin.

However, the game itself is very tense with plenty of dangerous situations. You don't want to lose money, so you want your bet cashed out at undervalued odds. You are guaranteed to make a profit on the betting site and you don't have to worry about the outcome of the game. But you win noticeably less compared to the situation when you wait until the end of the match.

What are Cash Out Options?

Cash Out is the opportunity to settle a bet early before the betting outcome takes place. The user who is cashing out his bet can see it either a winner or a loser. Let us consider both options in more detail.

The user cashed out his bet and made a profit

Example. Season 2021/2022. Match 34 of the Kenya Football Championship round between Tusker and Posta Rangers. A bet on Total Over 2.5 is offered on 1xBet with odds of 2.00. You have placed the bet of 500 KES. Your potential winnings are 1000 KES.

Unfortunately, the game was boring and slow. So when the score was 2:0, you decided not to wait for the third goal. You cashed out your bet early at odds of 1.6 and received only 800 KES. Yes, you locked in your net profit at 300 KES. But it was less than you expected. Either way, it's a great result too. Because the match ended with the score 2:0. If you hadn't cashed out the bet, you could have lost all your money.

The user cashed out his bet, but took losses

Let's go back to the Kenya Football Championship match between Tusker and Posta Rangers. Having analysed the upcoming match, you know that Tusker are the clear favourites of the game. But at the same time, the statistics show that Posta Rangers always score at least one away goal in 80% of cases. You decide to bet on one of the cash out betting sites in Kenya, placing a bet on "both teams to score" with odds of 2.25. The amount of the bet is 500 KES.

As the game progresses, Tusker does score, but Posta Rangers can not do that. 10 minutes before the end of the game you decide to sell your bet. You get just 300 KES for it. You're out of luck. You ended up with a loss of 200 KES. Posta Rangers really do not score in that match, but you avoided a 100% loss by saving 60% of the bet.


As you may have noticed from the above examples, this feature gives customers the ability to control if their bet brings a profit or a loss. So even if the game progresses not in the best way for you, with this advanced option you can always settle the bet early and avoid total loss of your money.

Keep in mind that no cash out betting company offers this option for all sports betting events. Also, any cash out betting site in Kenya reserves the right to refuse to settle the bet early with no explanation even if the Cash Out function was really active for that match.

Cash Out Types

There are three types of cash out:

  • Full Cash Out;
  • Partial Cash Out;
  • Auto Cash Out.

Full Cash Out

You sell your bet in full. There are no other options. The bet is settled immediately. You receive the cash out amount offered by a bookmaker into your account right away.

Partial Cash Out

Partial cash out means that you choose which part of your bet to sell (e.g., 70% of the total bet amount). The remaining 30% will be settled after the match is over.

For example, let's look again at the match of the Kenyan Football Championship between Tusker and Posta Rangers and see how partial cash out works.

You bet 1000 KES on Total Under 2.5 at odds of 1.75. By the 70th minute, the score is 1:0. You decide to sell 80% of the original bet (800 KES) with odds of 1.4. So, you receive 1120 KES (800 x 1.4). The remaining part of the bet - 200 KES – will be settled after the match.

Even if your bet is not a winner, you have already won 120 KES. And if no more goals are scored, the remaining 200 KES will be worth 350 KES (200 KES x 1.75). So your total winnings can reach 1470 KES (1120 KES + 350 KES).

auto Cash Out

Once you have placed a bet, you can set a price, at which the betting company must automatically settle the bet, even if the match is not yet over.

To sell the bet at a certain price you have to do the following:

  • Log in to your account on the betting site.
  • Select an event and place a bet.

  • Select the Cash Out function.
  • Select the type - Auto.
  • Enter the price level at which cash out should be made. You can select either full or partial settlement.

Not all betting sites in Kenya offer this option on their websites or in betting apps. Read the Terms and Conditions section carefully to see what options your betting site offers.

In Which Cases Is It Worth Using the Cash Out Option?

Let's look at the pros and cons of the Cash Out feature and when it's most useful to take advantage of it. Remember: even the best cash out betting sites do not offer this service at no charge.

Advantages:

  • Early bet settlement: no need to wait for the end of the game.
  • Chance to cut losses when the bet no longer seems winning.
  • Chance to lock in profit for a bet that is likely to lose.

Disadvantages:

  • Reduces profits: amount on early bet settlement is always lower.

The Cash Out type determines a scenario of its use. Match.Center experts advise using partial cash out only when your bet is winning and you have lost confidence in it. Withdraw that part of the sum which is equal to the amount of the bet itself or is slightly larger. You can leave the remaining part till the end of the game and hope that the bet will still win. You certainly won't lose anything and can win.

If you intend to cut losses early, it is better to sell the bet in full. If you realise that the bet is likely to lose, what is the point of leaving your money till the end of the game?

Best Betting Sites With Cash Out

The function itself was first introduced by Betfair in 2011. It has become a lifeline for many punters who wanted to minimize their losses in case of an unfavourable outcome. In the wake of this boom, sports betting sites around the world started adding this function to their offers. Now it is a very common feature and there are many cash out betting sites in Kenya as well.

Here is a full list of them.

CASH OUT at BETWAY

What do you need to know about cashing out at Betway?

  • At Betway, both full and partial cash out are available to customers.
  • Your cash out amount is calculated based on the current odds in the Live. Accordingly, the betting site changes the amount for early bet settlement every minute. 

  • This feature is only available for events where there is a "CO" sign next to the event name. The corresponding symbol will also be displayed in "My Bets" section.
  • The feature is available for single bets as well as accumulator bets.
  • Should any technical problem affect the calculation, Betway reserves the right to cancel any payment already made.
  • If a technical problem causes Betway to accept cash out on the event that has already been finished, Betway will cancel the payment.
  • The feature is not available for games where you made bets using free bet stakes.

Betway reserves the right to withdraw or suspend Cash Out offers at any time without prior notice.

CASH OUT at 1XBET

1xBet is one of the best betting sites, which offers its customers the opportunity to have their bets cashed out early. The customer is able to cash out his bet in full or partially. This service is available in the bets history section.

To make partial cash out you have to do the following:

  • Select one of your bets which you wish to cash out.
  • Select the Cash Out Type, in this case  - Partial.
  • Enter the amount you would like to return to your account. The remaining amount will still be active and will be settled after the game ends.
  • Confirm the operation by pressinng Cash Out button.

The minimum and maximum amounts that the client may cash out and get to his account depend on a particular bet. In some cases the client may only be able to sell bet in full.

You can cash out a bet slip in case of single bets, accumulator bets and system bets.

NB: The longer it takes you to make a decision on cashing outy our bet (partially or in full), the more likely it is that the cash out odds will change, and not always for your benefit.

Cash out is impossible if:

  • A bet has already been settled;
  • Betting on a particular event is temporarily unavailable;
  • The odds for your intended sale have changed. In this case the customer must close the window and open it again to recalculate. 

What else should you know about Cash Out at 1xBet?

  • The company is not responsible if the service is unavailable due to a technical failure
  • 1xBet reserves the right to suspend the service at any time for any event without stating the reason. 
  • The calculation can be cancelled at any stage if a technical problem has been detected in the process. In all such cases bets will be settled in the normal way based on the outcome of the event.
  • 1xBet does not guarantee that a bet placed on the website can be cashed out early. The customer will only know whether a bet can be cashed out after the bet has been placed
  • The bet price offered by 1xBet is non-negotiable. The user has the right to either accept the terms of or refuse them.

Auto sale is also available on the 1xBet website. The customer indicates the amount for which he would like to cash out his bet. As soon as the price reaches the desired amount, the bet will be settled early automatically.  

If you have cashed out a part of the bet, the designated threshold for auto sale will be cancelled. 

CASH OUT at 22BET

Let's take a look at the conditions for cash out offered by the sports betting site 22Bet. To use the option, you need to:

  • Open the window with the bet you have previously placed;
  • Choose the Cash Out amount: Full or Partial.
  • Enter the amount you wish to cash out (in case you want to sell a part of the bet). 
  • Confirm the operation.

The minimum and maximum amount for cashing out a part of the bet is determined individually for each bet slip. In some cases you can only sell your bet in full.

22Bet's Cash Out offer includes bet slips with single, accumulator and system bets.

The bet can not be cashed out if:

  • The outcome has already been settled;
  • One or more selections in the bet are blocked;
  • The bet contains selections that cannot be cashed out early;
  • Full cash out has already been requested;
  • The bet value has changed. In this case you must request the option again. 
  • Early cash out may also be prohibited in any other cases at the discretion of 22Bet.

On the 22Bet website customers can also use the Auto Cash Out feature specifying in advance the preferred price for that. Before selling the bet the client can still request other cash out types for the same bet slip.

CASH OUT at MELBET

Both full and partial bet sale are available to customers of Melbet. However, the Auto sale option is not yet available on the Melbet online betting site.

The minimum and maximum cash out amounts that a customer can get to their account are determined on a case-by-case basis, depending on the bet itself. Melbet does not notify users in advance for which particular match the function (full/partial) will be available. To find that out you need to place a bet first.

As for partial cash out, both one-time and multiple use of this feature for a particular bet may be allowed.

Cash out is possible for single and accumulator bets.

Cash out is not possible at Melbet if:

  • The bet has already been settled;
  • The bet slip is blocked for betting;
  • The bet is sold already;
  • The cash out odds offered have changed;
  • For other reasons.

Remember! The longer it takes you to make a decision on cashing your bet out, the higher is the chance of the odds changing. Therefore your transaction will be rejected. If this happens, you will need to re-open the window with your bet and try to request cash out again, but at a new price.    

CASH OUT at SPORTYBET

SportyBet offers the best cash out betting experience in Kenya. There are all three cash out types available: full, partial and auto. And the minimum amount for cash out is just 1 KES. Each game for which the option is available is marked with the appropriate tag next to the event names.

Some more details about cash out at SportyBet that users should be aware of:

  • Cash out is available for many sports (football, basketball, rugby, tennis etc.). However, SportyBet has the right to exclude certain matches or sports from the offer at any time without prior notice. 
  • Should cash out be made after the match has ended due to technical faults, SportyBet reserves the right to cancel any early payment.
  • SportyBet shall not be held liable if the feature is unavailable due to technical faults.
  • SportyBet reserves the right to accept or decline any early settlement requested for any sport or particular event which supports this feature. 
  • Partial cash out can be applied up to 10 times to a single bet and up to 5 times – to an accumulator bet.
  • At SportyBet, you can cash out only real-money bets. Cash out is unavailable for bets for which free bets have been used.

CASH OUT at BETWINNER

Betwinner is one of the best betting sites in the world, operating also in Kenya. And it also offers its customers this popular function. To cash out you have to go to the bets history section and find your bet there.

A customer of Betwinner can choose either full or partial settlement. The minimum and maximum amounts for partial cashing out are determined individually for each market. The amount for partial cash out of a bet slip is limited to the bet amount only. So you can use partial cash out of one bet once or many times.

CASH OUT at BETSAFE

The Betsafe betting site offers two types of cash out: full and partial.

Here's how it works:

  • Go to the bets history section and open the bet you want.
  • If you want to cash out a part of the bet, enter the amount you would like to withdraw.
  • Confirm the transaction by pressing the button.

In the general terms and conditions the betting company states that this option may not be available for some matches and markets in the pre-match or live betting. But you do not know in advance if you are able to sell your bets during the match or not. You will only find that out after you place a bet.

Here are the reasons why cash out may be unavailable at Betsafe:

  • You used free bets stakes to place your bet;
  • It is a system bet;
  • The bet is sold already;
  • Cash out odds have changed.

Other important facts to know about the Cash Out offer at Betsafe:

  • If your cash out request is not accepted for any reason, you will be notified. You may request it again later.
  • Cashed-out bets do not count towards wagering in all Betsafe promotions. Do not request cash out, if you plan to get free bets from Betsafe.
  • If the bookmaker suspects that your cash out was not made by you, or was made by some group in an attempt to make a fraud, Betsafe reserves the right to cancel the transaction, even if the money has already been paid out.
  • If you bet on a match for which there was initially no Cash Out option, but the bookmaker subsequently adds this feature, you will not be able to take advantage of it.

CASH OUT at HOLLYWOODBETS

At Hollywoodbets you are able to cash out your bets both in full and in parts.

Cash out amount is calculated on the basis of current odds. The price may vary depending on the situation in the match. Accordingly, if at the time of cash out the odds are changing, this deal becomes unavailable for settlement. You will have to re-open the dialog window in order to have your bets recalculated.

Cash out at the Hollywoodbets betting site is unavailable for futures (long-term betting markets) - e.g. season winner, tournament top-scorer, etc.

What else is important to know about the Cash Out offer at Hollywoodbets:  

  • Any technical problem with early bet settlement is interpreted in favour of the bookmaker. Your cash out request may be declined or even cancelled for any reason. 
  • The bookmaker does not guarantee the availability of the feature for any event or bet type at any time, even if they have been offered for the same event before. 
  • Hollywoodbets reserves the right to cancel or suspend cash out offers without special  notice to the user.

FAQ

Why would you cash out a bet?

Cash out is a form of betting insurance. In case you are not sure if your bet can win, it is better to make yourself safe and have your bet cashed out. Cash out is a very handy tool to control your profits or cut your losses. However, just like other bookmaker features, this function has its pros and cons, which you should be aware of before using this option on sports betting sites.

Is the Cash Out function a valuable tool?

This is a complicated question. On the one hand, you are guaranteed to cut your losses and not lose all your money in case of an unfavourable turn of events. On the other hand, some exaggerated caution will keep you from getting the maximum payout for a bet that ends up winning. The correct use of this function is a skill that a user can master if he regularly places bets on betting sites and makes a profit over a long period of time.

Why are some bets unavailable for cashing out?

As a rule, Kenya betting sites with cash out do not explain why some events are available for this sports betting option and some others are not. At the same time bookmakers always reserve the right to suspend, modify or limit the use of cash out for any market and for any match without prior notice to the client. This is possible even if the function has previously been announced as available for a particular event.

Andrew Heaford

Site Manager