Cash Out
A feature that allows bettors to settle a wager before the event concludes. The book offers a payout based on the current likelihood of the bet winning (usually less than the full potential win), letting bettors lock in a profit or cut losses.
You bet \$100 to win \$200 on Crawford. Mid-fight, Crawford is ahead and the sportsbook offers a **cash out** of \$150. You can take \$150 now (guaranteed profit \$50) instead of waiting for the full \$200 but risking a comeback by the opponent.