Cashout Calculator

See if the book's cashout offer is actually fair — or if you're giving up value. Cashout is a second bet they place in their favor.

FREEDecision Tool

BAD CASHOUT OFFER

You're giving up value by accepting this offer. The book is keeping €10.40 from you.

-€10.40

HIDDEN CASHOUT TAX

94 / 100

FAIRNESS SCORE

1. YOUR POSITION

Enter your open bet details

Original Odds (at placement)Decimal odds when bet was placed

= 50.0% implied

StakeYour original stake

€

= pays €200.00

Current Odds (now)Market odds for your outcome right now

= 80.0% implied

Book Cashout OfferThe amount the book is offering you

€

= 93.5% of fair value

Cashout is a new bet offered by the book — always priced in their favor.

2. VALUE COMPARISON

True Value Now

€160.00

What your position is actually worth

Book Cashout Offer

€149.60

What the book offers you

Hidden Cashout Tax

-€10.40

Value you're giving up

Offer vs True Value

93.50%

You're getting less than fair value

VALUE VISUALIZATION

True Value (what you should get)

€160.00

Book Cashout Offer (what they offer)

€149.60

Hidden Cashout Tax (what they keep)

-€10.40

3. SMARTER ALTERNATIVE: HEDGE IT YOURSELF

Book Cashout

Instant, but expensive

€149.60

Self-Hedge on Exchange

More work, better result

€156.80

+€7.20

better outcome

Why hedge yourself?

You keep more of your value

You control the execution

You avoid the book's margin

Go to Hedge Calculator

Exchange hedge estimate assumes ~2% commission. Actual result depends on available liquidity and exact lay odds at the time of hedging.

4. SHOULD YOU CASH OUT?

HOLD

Best Move (EV)

Holding has more expected value. You'd be giving up €10.40 in expected value by taking this cashout.

Confidence: Medium

5. DECISION FACTORS TO CONSIDER

Bankroll Protection

Lock in profits and protect your stake, even at a slight cost.

Time & Liquidity

Cashing out early frees capital. Time value matters.

Edge Still Exists

If your original edge still holds, holding has more EV.

Emotional Factor

Don't let fear of loss drive the decision. Run the numbers.

Sharp Perspective

Books rarely offer cashouts that benefit you. Always compare to fair value.

6. REAL EXAMPLE

Stake: 100 at 2.00. Current odds: 1.25. The true value of your position is 168.00. The book offers you 149.60.

Item	Value	Note
Stake	100	Your original bet
Original Odds	2.00	Decimal odds at placement
Current Odds	1.25	Market has moved in your favor
True Value	168.00	What your position is actually worth
Book Offer	149.60	What the book will pay you
Hidden Tax	-18.40	Value the book keeps -- 10.95% margin

7. WHAT YOU NEED TO KNOW

Cashout is always priced with a margin -- the book makes money on both the original bet and the cashout.
The fair cashout value equals your potential return divided by the current odds -- no margin included.
Self-hedging on a betting exchange is almost always a better deal than taking the book's cashout.
Partial cashout reduces the hidden cost proportionally -- but the margin is still there.
Always compare the cashout offer to the true value. If the ratio is below 90%, the cost is significant.

Learn More