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Why do some betting sites allow you to cashout the entire amount before the event starts, while others lower the cashout option?
- Thread starter Jack777
- Start date
lowering the cashout option allows the betting site to manage its risk. If a lot of money is staked on a particular outcome, the site might lower the cashout option to protect itself from potential large payoutsI heard that Bet365 or BetMGM let you cash out the full amount, but DraftKings, for instance, doesn't. why is that?
be nice tnt, we all been thereOh boy, another newbie asking for betting advice. grabs popcorn
It often comes down to business strategy. Some books use full cashouts as a way to attract customers, while others prioritize keeping bets active.I heard that Bet365 or BetMGM let you cash out the full amount, but DraftKings, for instance, doesn't. why is that?