These bets are placed on an event that is happening at the time. SBK’s cash-out feature is accessible during live betting. You can use the online bookmaker’s cash-out tool to reduce your losses and at least recoup some of the wagers if it looks like the game is not going in your favor. The amount you receive back if you use FanDuel’s early withdrawal option may be more or less than the original bet.įor example, you can bet on the Super Bowl using your FanDuel NY account. The amount will also be calculated, as you would expect, by the current probability of that bet winning or losing. When cashing out, you will order the amount of money you will receive back. The basic principle of “Cash Out” is that it allows consumers to receive their bet money before the conclusion of the event they have wagered on.
