TG
Free Tool Algorithm updated: Feb 2026

Professional Cashout Calculator 2026

Calculate fair cashout value and get expert recommendations on whether to cash out or let it ride

EV
Developed by Evgeniy Volkov

Original Bet

The decimal odds when you placed the bet

Current Situation

Odds improved - your selection is winning

Cashout Analysis

Hold - Let It Ride

Odds have improved in your favor. Your bet is more likely to win now than when you placed it.

Offered Cashout

$142.5

Fair Value: $150

Potential Win

$300

Cashout %

47.5%

Profit if Cashout+$42.5
Profit if Wins+$200
Expected Value +$50
Bookmaker takes ~5% margin on cashouts

Cashout Formulas

The mathematics behind cashout calculations

Fair Cashout Value

C = S × (O₁ / O₂)

$100 × (3.00 / 2.00) = $150 fair value

Offered Cashout (with margin)

C' = C × (1 - M)

$150 × (1 - 0.05) = $142.50 offered

Cashout Percentage

% = (C / PW) × 100

($142.50 / $300) × 100 = 47.5%

Expected Value

EV = (P × W) - S

(0.50 × $200) - $100 = $0 EV

How Cashout Calculator Works

1

Enter Original Bet

Input your stake and the decimal odds when you placed the bet. This establishes the baseline for calculating fair cashout value.

2

Enter Current Odds

Check the current live odds for your selection. Lower current odds mean your selection is more likely to win.

Get Recommendation

See the fair cashout value, bookmaker margin, and whether taking the cashout makes mathematical sense.

Pro Tips

💡

Don't Emotional Cashout

Many bettors cash out too early when winning or panic-cashout when losing. Use this calculator to make rational decisions based on math, not emotions.

🛡️

Consider Hedging Instead

Sometimes placing a hedge bet gives you better value than the bookmaker's cashout offer. Compare both options before deciding.

📊

Watch the Margin

Cashout margins vary by bookmaker and bet type. Live bets and parlays often have higher margins. Check the fair value before accepting.

FAQ

Frequently Asked Questions

Fair cashout is calculated by multiplying your stake by the ratio of original odds to current odds: Stake × (Original Odds / Current Odds). This represents what you would get if the bookmaker didn't take a margin.
Bookmakers apply a margin (typically 5-15%) on cashouts. This is how they profit from offering the cashout feature. The higher volatility bets often have higher cashout margins.
Consider cashing out when: odds have moved significantly against you, you've secured good profit and want to eliminate risk, you have new information suggesting your selection won't win, or you need the funds for other opportunities.
From a pure EV perspective, cashout usually costs you value due to the margin. However, it can be worthwhile for risk management, emotional peace of mind, or locking in guaranteed profits when the margin is small.
The recommendation considers: how much the odds have moved, the bookmaker margin on the cashout, your potential profit locked in, and the implied probability change. It's a guideline, not a guarantee.
Partial cashout lets you lock in some profit while keeping part of your bet running. This can be a good middle ground when you're unsure. The same margin applies, but you reduce your risk exposure.
Bookmakers set their own margins and may use different odds feeds for cashout calculations. Some offer better cashout value than others. It's worth comparing if you have accounts at multiple bookmakers.

About Our Cashout Calculator

Our professional cashout calculator helps you make data-driven decisions about whether to cash out your bets. Instead of relying on gut feeling, see the actual fair value of your bet, the bookmaker's hidden margin, and get a clear take/hold recommendation.

The calculator analyzes the change in odds since you placed your bet to determine if cashing out makes mathematical sense. When odds improve (go down), your bet is more likely to win - usually meaning you should hold. When odds worsen (go up), cashing out locks in guaranteed profit.

Pro mode lets you track multiple open bets simultaneously, showing your total exposure and aggregate cashout value. This is invaluable for serious bettors managing a portfolio of active wagers.

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Evgeniy Volkov

Evgeny Volkov

Verified Expert
Math & Software Engineer, iGaming Expert

Over 10 years developing software for the gaming industry. Advanced degree in Mathematics. Specializing in probability analysis, RNG algorithms, and mathematical gambling models.

Experience10+
SpecializationiGaming
Status
Active