6 Best Cash Out Betting Sites 2026 in Australia

Bet365 is the most comprehensive bookmaker in terms of cash out option types. Bettors can take full cash out and partial cash out on their bets. The slider for the partial cash out function appears on the bet slip screen, allowing punters to select the percentage of a multi-leg bet that they would like to settle. This tool is particularly useful for those who place bets on sports events where the first leg or two have settled but the final leg is still in progress.

Alongside regular multi cash out, Bet365 offers bet builder cash out on multis created using the Bet Builder+ tool. These cash out options are available on AFL and NRL matches while they are still in progress. For instance, if a bet builder bet contains four legs but three of those legs have settled as wins, the cash out offer will show the probability of the remaining last leg.

Bet365 also allows punters to use the Edit Bet feature on qualifying bets. This feature, alongside the other available forms of cash out, makes Bet365 the most comprehensive bookmaker for bet management tools. Bet365 also offers live streaming of AFL, NRL, and other sporting events, allowing punters to watch and use the cash out feature from the same screen. Bet365 holds an Australian licence from the Northern Territory Racing and Wagering Commission.

The only bookmaker to offer the Edit My Bet function is Ladbrokes. Ladbrokes allows punters to change their bets while they are still in progress. Unlike the cash out function that requires punters to settle a bet, the Edit My Bet feature allows punters to remove a leg from a multi or change one selection to another while the match is still in progress.

Ladbrokes also offers full cash out, partial cash out, and bet builder cash out alongside the Edit My Bet function, giving it the widest range of active bet management tools of any bookmaker on this list. The partial cash out function is visible on the Ladbrokes slip screen. A slider allows punters to select the amount of a live bet that will be settled.

The InfoHub function on Ladbrokes offers in-depth information on the teams in a contest while betting is in progress. This information includes team news, player stats, and previews of the upcoming match. The Ladbrokes Card also gives punters immediate access to ATMs with their winnings. Ladbrokes holds a licence from the Northern Territory Racing and Wagering Commission and is part of the Entain group.

Neds offers full cash out on singles and multis including same game multis while they are in progress. The cash out screen is visible on AFL, NRL, and other sports same game matches. This is of particular interest to Neds punters who use the bookmaker to make same game bets on players and their stats.

The Punters Toolbox offers tools that function alongside the cash out function. For instance, the Back Up and Multi Rescue tools kick in should a leg of a multi settle and lose after the contest has ended. The tools do not function during play. The cash out function on Neds operates in conjunction with the Multi Rescue tool. Both are available within the same betting account.

The SGM live tracker is one of the distinguishing features of Neds. It displays the status of each leg of a same game multi while it is still in play. For instance, try scorer legs will show the scores of each player trying to score for their team in real time. The same is true for player stats. Neds Mastercard also allows punters to access ATMs with their winnings. Neds holds a licence from the Northern Territory Racing and Wagering Commission.

Unibet offers full cash out on qualifying bets from sports like AFL, NRL, soccer, tennis, and others. The offer is visible on the screen during play. Early settlement of bets is also available for singles and multis while matches are still in progress. This is of particular use to punters placing bets on sporting events while they are still in play.

Live streaming on Unibet TV works concurrently with betting functions. Punters can stream their preferred AFL, NRL, and other live sporting events on the same screen on which they are using the cash out function. This feature eases the difficulty of betting while also watching live sports on Unibet TV.

Within the Unibet app, there is a Smart Punter Toolkit that contains information about betting strategies. The information covers the concept of cash out and when the offered odds are fair or when the bookmaker margin is most significant. Unibet has held the Australian licence since 2012 from the Northern Territory Racing and Wagering Commission. Compared to competitors on this list, Unibet does not offer as many cash out features as bookmakers like Bet365 and Ladbrokes.

Sportsbet is Australia's largest online bookmaker. It offers full cash out on AFL, NRL, cricket, soccer, tennis, and other sports. The cash out function is available from the My Bets section of the website. The offered value on bets is updated during play. The function is available on standard multis as well as same game multis on Sportsbet. The button displays the amount of money that will be offered to punters should they choose to settle their bet.

Sportsbet also offers live streaming of AFL, NRL, and other international sports for customers who have a funded account or placed a bet within the past few days on their account. The live streaming and cash out function on Sportsbet make it convenient for punters to stream their sports of choice and use the cash out function on the same screen. The sports multi builder allows punters to combine sports of different codes. Cash out is available on these sports multis.

Sportsbet is owned by Flutter Entertainment and holds a licence from the Northern Territory Racing and Wagering Commission. Sportsbet does not offer the same level of cash out features as Bet365 and Ladbrokes. While Sportsbet does not have the partial cash out or Edit My Bet feature, it does offer its own Sportsbet Cash Card that allows punters to access ATMs with their winnings from settled bets. Sportsbet is used by a number of punters as an alternate bookmaker to their primary one in Australia.

Betfair is a betting exchange rather than a traditional bookmaker, but it serves as a cash out alternative for those who use both. Bookmakers that offer cash out build a margin into the offered price, reducing what the punter receives. On Betfair, punters can lay the selections they had previously backed at the current live exchange prices. As a result, punters can receive better value through the exchange than through a standard bookmaker cash out offer.

Suppose a punter placed a bet on a team to win at 3.50. Late in the match, the team is ahead and the market has moved to 1.25. By placing a lay bet on the same team on Betfair at the current price of 1.25, the punter locks in a profit regardless of the final result. If the team wins, the lay bet loses but the original back bet wins. If the team loses, the lay bet wins and the original back bet loses. Either way, a guaranteed return is locked in.

The main limitation of Betfair is the availability of bets on certain sports. The sports available on Betfair include horse races, AFL, NRL, cricket, and international football. Other sports may not have the same availability on the betting exchange. Also, Betfair takes a percentage of all winning bets (around 5%), which is more than what bookmakers take on the odds. Betfair Pty Limited is licensed and regulated by the Northern Territory Government of Australia. It is the only betting exchange company licensed in Australia.