Betfair Cash Out: When to Use It (And When to Avoid It)
Written by
Traderline Team
Cash-out is convenient but expensive. Understand when to use it, when to avoid it, and how Traderline offers better alternatives.
Cash Out Essentials
- Convenient but may cost you profit
- Ladder trading is optimal in the long-run
- Use only for emergency exits
- Traderline offers better one-click alternatives
What is Cash Out?
Cash Out = Betfair's one-click feature to close positions.
How it works: Betfair calculates current value and offers instant settlement.
Cost: Instant settlement means you'll settle for the best current market price
When to Use Cash Out
Emergency situations:
- Need to leave immediately
- Can't access trading tools
- You have no earthly idea on what you've done and need to get out before it's too late
That's it. For everything else, manual trading is better.
Example:
- Market is moving in your favour
- You can either instantly cashout or use the ladder view to have your position be the next to be matched in the market
- This gives you much more freedom when choosing to close your positions
Better Alternatives
Traderline's Cashout Features:
- Trade button
- One-click hedging (ladder view)
Manual Trading:
- Best prices
- Full control
Cash-out is an expensive convenience. Use Traderline's alternatives for better results.
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