Early Payouts

Early payouts are becoming increasingly common at online sportsbooks, so it’s worth understanding how they work. Basically, an early payout is where a bet is settled early provided certain conditions are met. In this article, we’ll take a look at early payouts and which bookmakers offer the best ones.

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Early Payouts – What You Need To Know

As with any sportsbook promotion, there are a few things to consider before signing up. These include:

The most important thing to note about early payouts is the conditions which need to occur for the payout to happen. Ensure you study this closely and weigh up the likelihood of that happening. Note that early payouts are often only available on specific sports, competitions, or matches.

Often, early payouts are only eligible within the standard playing time of a match. For example, this would be a 90-minute market in soccer and extra time is not included.

Check whether early payouts apply to accas and multiples.

You should always check the small print before committing to any offer. While early payouts are quite benign and are done automatically, it’s always good to know what to expect so you don’t get any nasty surprises.

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How Early Payouts Work

There are usually strict criteria associated with getting an early payout, as it means receiving your winnings before an event has concluded. These conditions are often stated and form part of a sportsbook’s promotional offer. If they are not, they should appear in the sportsbook’s general T&Cs.

Common examples include early payouts when a team leads by two goals in soccer, by 17+ points in American football, or by 20+ points in NBA basketball. If such a scenario happens, you will receive your winnings regardless of how the rest of the match plays out. This is done automatically, so you don’t need to worry about missing out.

Bookmakers do this for a few reasons. The first is as a promotional tool to encourage betting. The second is to increase engagement in certain markets, particularly if they take a long time to pay out (for example Premier League outright winner). The advantage for the bettor is that you have two ways of winning – either through the actual result or the early payout. Due to the likelihood of upsets and late-game comebacks in sport, early payouts are particularly useful in accumulators.

Sometimes, sportsbooks pay out early arbitrarily. This is often done for outright markets where it looks highly likely that one outcome will happen. A good example is a particular football team being top of the league by some distance with a handful of games to go.

Cash Out vs Early Payout

While an early payout is similar to a cash out, it’s important to note they are not the same.

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Conclusion

Early payouts are another way bookmakers use to encourage betting. They are simpler than a cash out as an early payout is automatic once a particular scenario has happened. However, as with any offer, it’s important to check the terms and conditions and to gamble responsibly.

FAQS

Which sportsbook has the best early payouts?

This very much depends on your own personal preferences. For example, some bookmakers specialise in providing early payouts on certain sports so shop around before settling on a particular sportsbook.

An early payout occurs when a precondition has been reached. This automatically triggers the payment of your winnings. Meanwhile, a cash out is at the behest of the bettor, who must decide to trigger it when it’s most valuable.

Early payouts are often used as a promotional tool, but they sometimes generate increased interest in bets that take a long time to be settled, such as outright markets.