Traderline Cashout and Freebet Mode: How Each One Works

Traderline has two hedging modes — Cashout and Freebet — plus the Trade button for instant exits. Each one serves a different purpose, and using the wrong one will give you an unexpected result. Here's exactly what each does and when to use it.

Cashout Mode

Cashout Mode calculates a hedge stake that produces the same result regardless of the outcome. When you activate it, Traderline automatically calculates the correct opposing bet to lock in your current profit (or minimise your current loss) across all selections.

When to use Cashout Mode:

• You've backed a selection pre-match and the odds have shortened — you want to bank the profit
• You're in-play and a position has moved in your favour — you want to secure the gain before it reverses
• You want to exit a trade entirely and leave nothing open

Example:

You back Team A to win at 3.20 for £50 before the match. During the match, Team A scores and the odds shorten to 2.10.

• Your back bet: £50 at 3.20 (potential profit: £110)
• Cashout hedge: Lay Team A at 2.10 for a calculated stake

Traderline calculates the lay stake automatically. After the hedge, you receive the same profit whether Team A wins or not — the position is flat.

What the P&L panel shows: Equal green amounts on both outcomes. If you see different values, the hedge isn't complete — check the stake and odds before confirming.

Freebet Mode

Freebet Mode is designed for a specific scenario: you have a free bet or bonus stake that returns the profit only (not the stake). The calculation is different because a freebet stake isn't returned if the bet wins.

When to use Freebet Mode:

• Converting a Betfair bonus or promotional credit
• Any situation where you want to profit on the outcome that wins and break even on the losing outcome (one-sided profit)

Example:

You receive a £20 free bet. You use it to back a selection at 5.00.

• If it wins: you receive £80 profit (stake not returned)
• Freebet Mode lay hedge: Traderline calculates the lay stake to match £80 on the lay side

After the hedge:

• Selection wins → you net a profit from the free bet proceeds
• Selection loses → lay wins approximately break-even (slight variation based on commission)

Important: Freebet Mode calculations assume the original stake is not returned. If you use it with a standard bet where the stake is returned on a win, the calculation will be wrong and you'll get an uneven result. Use Cashout Mode for all standard trades.

The Trade Button

The Trade button does one thing: it closes your current open position at the best available market price, immediately.

It doesn't ask which mode you want — it calculates the cleanest exit based on your current position and executes it. Use it when:

• You need to exit fast (the market is moving against you)
• You don't want to think about which mode to use
• You're cutting a losing trade before it gets worse

Choosing the Right Mode: Quick Reference

The P&L Panel Is Your Confirmation

Before using any mode, check the P&L panel. It shows your projected outcome on each selection in real time. After you've staged a hedge but before you confirm it, the panel updates to show what your position will look like post-hedge.

Green numbers across all outcomes = successful Cashout hedge. One green, one zero = Freebet hedge result. Red number = the hedge has made things worse, not better. Stop and recalculate.

For new traders, getting comfortable with these three tools — Cashout Mode, Freebet Mode, and the Trade button — is the practical foundation of position management in Traderline. For a full walkthrough of setup and your first trade, see the getting started guide.