Cash Out is a product from Paddy Power that allows you to lock in a profit or loss before waiting for an event to finish. Paddy Power does the maths to offer you a value in real time of your current bets based on the live market prices.
How does it Work?
You have placed a bet on your favourite team to win for a stake of €10 (Price at 2/1).
60 minutes in and the match is finely balanced but your team have a slender 1-0 lead. Normally you would have to wait until the match has ended to see if you would win your bet.
But what if your team conceded a late equalizer?
Paddy Power offers the option for the customer to Cash Out. So, you can decide if you want to wait until the end of the match and hope your bet is a winner or you can accept the offer and lock in your profit.