The "cash out" button offers to settle a live bet early — but the number it shows you is a priced product, derived from the current odds and then shaved by the operator's margin. This tool works out the mathematically fair cash-out from your original bet and the current live price, so you can compare it with what the button actually offers and see the discount. Educational only: it explains the number, it does not tell you when to press.
Enter the stake and the decimal odds you originally took, then the current live decimal odds for the same outcome (shorter odds mean your bet is now more likely; longer odds, less likely).
Fair cash-out = stake × original odds ÷ current odds. It equals your full potential return multiplied by the outcome's current implied probability — the honest present value of the bet, before any margin is taken.
Enter the cash-out amount the sportsbook is showing you. The tool compares it with the fair value above to reveal how much is being shaved off.
Discount = (fair value − offered) ÷ fair value. A positive discount is the operator's margin on the cash-out — the price of settling early. Cashing out both when you're ahead (clipping upside) and when you're behind (partial refund) tends to favour the house.
This calculator shows the fair present value of a bet and how far a cash-out offer sits below it. It does not tell you whether to cash out, predict the result, or time the market — the live odds already include the bookmaker's margin, and the cash-out is shaved again on top. The honest use is to see that "cash out" is a market the operator prices in its own favour, not a courtesy. If you decided your bet in a calm moment, a button designed for a hot one deserves the same scrutiny as any other price.
18+ only. Bet only on a PAGCOR-licensed sportsbook, set a deposit limit in advance, and treat any stake as the price of entertainment. If gambling stops feeling optional, take the responsible-gambling self-assessment and call the National Problem Gambling Helpline 24/7 at (02) 8248-9568.