Odibets New Cashout Feature in Kenya

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What is Odibets Kenya Cash Out? This bookmaker has recently launched the feature, offering customers to request an early payback of a certain stake percentage, which works for the Sportsbook. Check out this article to get full knowledge about the Odibets Cashout and its main characteristics.

Cash Out Your Winnings With Odibets!

Odibets Kenya Cash Out Feature

Odibets Kenya Cash Out Feature

The Cash Out at Odibets allows you to get early returns for unsettled bets. Generally, cashouts make betting more flexible, considering the risk factors that could arise for your bets.

Imagine placing a bet on Chelsea to beat Arsenal. With 10 minutes left on the clock, your selection wins, but you get a feeling that Arsenal could score and draw the game. There’s when the Cash-Out comes, giving you an alternative option to save your initial bet. You can get an early return and avoid the risk of losing in the dying seconds of the game. However, consider that the cash-out amount will usually be less than your potential win, and it will depend on how the game goes.

So, what does the Odibets Cash Out deliver? This bookmaker introduced cash outs in 2021, and clients can now benefit from them for live bets and pre-match events. Cash Out works for both Odibets website and mobile application, meaning you don’t have to switch between gadgets to complete an early transaction. The procedure requires several steps, and we will discuss them in the next section.

How to Cash out on Odibets – Quick Guide

As mentioned, Odibets customers can complete Cash Out from computers, laptops, mobiles, and other gadgets. The process is mainly the same, and you will not go through many stages to cash out the stake for unsettled tickets. This fast approach makes sure you can instantly receive your early cash-out. It is worth mentioning that Cash Out works for registered users only. You can join Odibets for free and use this feature after betting on sports.

Cash Out on Mobile

To cash out on your mobile, follow the steps mentioned below.

Step 1: Download the Odibets online application or visit the mobile version of the site.

Step 2: Login by typing the phone number used during the registration and the password.

Step 3: Click on your account icon from the top right corner and tap My Bets.

Step 4: In the My Bets section, you will see your pre-match or ongoing wagers. Click on them and check if Cash Out is available.

Step 5: If available, check out the amount you will get back and hit Confirm. Odibets will Cash Out within minutes, meaning you can use the returned money for other bets.

How about the desktop version? Are there any special differences that you should know?

Cash Out Your Bets With Odibets!

Cash Out on Desktop

Odibets Cash Out from the website’s desktop version is designed with the same pattern as with the app. In order not to repeat every step separately, here’s a brief outline of how you cash out from your PC, Mac or Laptop.

Firstly, log in to your Odibets account. If you are not an existing user, register and place bets to consider using Cash Out.

Inside your account, find the My Bets section, and locate your bet history. That is where you can check if Cash Out is accessible. Again, you just have to check the amount you will get an early payout and confirm the transfer, which will be done instantly.

Now that you know how to cash out, let’s see what kind of Cash Out types can be used for Odibets Kenya sports bets.

Odibets Cash Out Types

One thing that this betting site has missed out on so far is the partial cash out. As you may have noticed, the word partial suggests that you can cash out a certain amount of your initial stake and leave the remaining portion live, meaning you can still win once the bet is settled in your favor. The absence of this option is a disadvantage for Odibets, considering the level of competitiveness in the market. If we look at the websites of other bookmakers in Kenya, such as 22Bet, Betway, or BetWinner, we can see that partial Cash Out is accessible.

Why is this so important? Let’s go back to the example of Chelsea and Arsenal. So, the scenario is the same, and Chelsea is winning with one goal with 10 minutes left until the stoppage time. You suspect that Arsenal might level but decide to stick with your bet and cash out part of the wager. You get paid back, and Arsenal does not get the best from their pressure, and Chelsea wins. What’s the outcome for you as a punter? You also get additional winnings for the stake portion you left on the bet slip.

Seems an attractive feature, isn’t it? Unfortunately, Odibest does not offer similar Cash Out alternatives, and you are only eligible for a full Cash Out. As with every normal platform, the full Cash Out can be utilized on singles and multiples, pre-match or live. Currently, there are more than 25+ markets for each sport supporting cashouts. Again, this is not an industry-high number, but you can still benefit from the Odibets Cash Out while betting on the most popular events and markets.

We mentioned pre-match Cash Out, which requires requesting an early payback before the kick-off. Contrary to that, when the game starts, your potential Cash Out amount will not be a fixed number, and it will change depending on the match’s dynamics.

Live Cash Out

Odibets Live Cash Out delivers a different experience compared to pre-match cashouts. Here, you deal with changing odds and cash-out amounts.

For example, you place on over 2.5 goals, and teams have scored twice during the first 75 minutes. How will your bookmaker respond?

Given that there have been two goals scored and it’s the 75th minute, there are only 15 minutes remaining for another goal to be scored. The odds for over 2.5 goals would have decreased, as there is less time left for an additional goal.

The cash out value offered by the bookie will depend on their assessment of the likelihood of another goal being scored in the remaining time. If they believe there’s a good chance of a third goal, the cash out value may be close to your potential winnings. However, if they think it’s unlikely, the cash out value will be lower.

Odibets Cashout Terms and Conditions

Odibets Cashout Terms and Conditions

Typically, the cash out is subject to the following general terms and conditions:

  • Cash outs are accessible for any kind of stakes and are accessible for single, multiple, pre-game, and ongoing bets.
  • Odibets reserves the right to determine which fixtures or markets will have this feature.
  • The offer is calculated based on the current odds and the likelihood of the bet winning. This can change throughout the event, especially as the match progresses.
  • Odibets does not guarantee that a cashout request will be accepted. They reserve the right to suspend or remove the option at any time without prior notice.
  • If a cash out is accepted in error, Odibets reserves the right to reverse the transaction and reinstate the original bet.

While cashout may seem an easy task, there are some strategies you can consider to use it wisely and gain the best from it.

How to Succeed With Cash Out – Strategy and Tips

Even cashouts require some smart techniques, and we decided to introduce 4 tips to help you with your decisions. Having a solid timing, hedging strategy, utilizing in-play opportunities, and mitigating emotional decision-making: Let’s discuss each option and understand why they are important.

Timing Your Cash Out Wisely

In betting, timing is everything. Being observant and quick to react to changes during matches can be the difference between winning and losing. To succeed with cash out, monitor the game closely and cash out when you believe the odds are in your favor. For example, if your team is leading, but the opposition is gaining momentum, it may be wise to cash out before the tide turns, securing your profit. This way, you will be the winner, and you will have a positive balance to place further bets.

Employing a Hedging Strategy

Hedging is a risk management technique that involves placing bets on opposite outcomes to reduce potential losses. When using cash out, you can hedge by cashing out a portion of your bet while letting the rest run. This approach safeguards some of your winnings while still giving you a chance to benefit from favorable outcomes. The key to a successful hedging strategy is striking the right balance between securing profit and maintaining potential gains.

Utilizing In-Play Betting Opportunities

In-play betting allows you to place bets during live games, taking advantage of fluctuating odds. When you spot a profitable opportunity, use the cash out feature to lock in your winnings. For instance, if you’ve bet on a specific player to score, and they do so early in the match, cashing out may be advantageous since their odds of scoring again may decrease as the game progresses.

Mitigating Emotional Decision-Making

Gambling can be an emotional rollercoaster, and it’s easy to make rash decisions when adrenaline is running high. To prevent this, set predetermined cash out triggers based on rational analysis, such as a specific profit margin or a change in a team’s performance. By adhering to these predetermined triggers, you can remove emotion from the decision-making process and optimize your cash out strategy.

Consider these tips as useful information you can use for attempting any cash out. It will help you to make wise decisions and not regret cashing out too early or missing out on it.

Conclusion

Odibets Cash Out represents the very basic principles of the feature you might expect from any bookmaker. It works for any sport and over 25 markets for the most popular events. While full cash outs are in place, the bookie lacks the Partial Cash Out, meaning you can’t leave a certain part of your bet and should request a full payback. The process is designed in a way to provide faster support and convenient usage, meaning punters will not deal with many steps. Overall, we will not claim that there is something unique about Odibets Cash Out. Nevertheless, you can still save your stakes when betting on this platform.

FAQs

Can I use Odibets Cashout on my mobile device?

Yes, Odibets allows you to cash out from all available devices. If you use a smartphone, you can cash out from the mobile browser site or the app.

How long does it take to cash out with Odibets?

As long as your Odibets cash out is approved, you will receive the payback within minutes.

Why is my Cashout not available on Odibets?

If the operator does not consider the Cash Out appropriate for certain markets, events, or bonus codes, it might not include it in your bet slip. Also, there might be technical errors from the bookmaker’s end or issues with your account. If you don’t see the option for your wagers, contact customer support to resolve the issue.

Liana Hovhannisyan
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