Cash out betting sites in Canada 2025

The Cash Out feature gives canadian sports bettors greater control over your bets by letting you settle early if things aren't going to plan.

In this article, we explain how to use it wisely, how it may affect your bonuses, and reveal our ranking of the top cash out betting site options among Canadian betting sites.

Best online betting sites with cash out in June 2025

Found: 93 Bookmakers

Rank Bookmaker Bonus Claim
1 Qbet

100% Welcome bonus up to C$200

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2 Boomerang-bet.com

100% Welcome bonus up to C$150

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3 22Bet

Welcome bonus up to 300 CAD

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4 Supabet

100% Welcome bonus up to C$150

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5 20Bet

100% Welcome bonus up to C$300

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6 Bankonbet

100% Welcome bonus up to C$150

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7 PIN-UP

Welcome bonus up to 125%

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8 Fairspin

Win up to $1500 with free bets, no wagering

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9 Batery.win

150% bonus up to C$1,500 + C$5 Freebet

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10 Dream.bet

100% Welcome bonus up to C$300

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11 Tikitaka

100% Welcome bonus up to C$200

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12 Betovo

100% Welcome bonus up to €250

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13 Powbet

100% Welcome bonus up to C$150

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14 LEX

150% bonus up to 200 CAD

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15 Stonevegas

100% Welcome bonus up to C$150

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16 AllySpin

100% Welcome bonus up to C$150

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17 Oceanspin

100% bonus up to C$150

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18 Rooster.Bet

100% bonus up to €200

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19 Frumzi

100% Welcome bonus up to C$150

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20 Wildsino

100% bonus up to C$150

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21 SpinBetter

Welcome bonus up to C$140

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22 Quickwin

100% Welcome bonus up to C$150

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23 EmirBet

100% Welcome bonus up to C$200

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24 Weiss.bet

100% Welcome bonus up to 80 Free Spins

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25 BetOspin

120% Welcome bonus up to C$2,000 + 15% Free Bet

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26 BetAlice

120% Welcome bonus up to C$150

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27 Slotimo

100% Welcome bonus up to C$310

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28 SportoSpin

100% Welcome bonus up to C$200

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29 FunBet

100% Welcome bonus up to C$750

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30 Lazybar

120% Welcome bonus up to €150

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31 Sportaza

100% Welcome bonus up to C$150

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32 Pribet

100% Welcome bonus up to C$200

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33 10bet UK

125% Welcome bonus up to C$250 + C$10 Free Bets with promocode SPORTUP

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34 Betplays

100% Welcome bonus + 20% Free Bets (Claim 3x!)

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35 Trivelabet

200% Welcome bonus up to €1,000

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36 Olympusbet

100% Welcome bonus up to C$200

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37 Playfina

60% up to €100 in Freebets

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38 Golden Star

100% Welcome bonus up to €100

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39 N1bet

100% Welcome bonus up to €500

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40 Boomerang-bet.io

200% Welcome bonus up to €3000

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41 M88

100% Welcome bonus up to C$444

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42 TonyBet

100% Welcome bonus up to C$350

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43 Vegas Mobile Casino

Bet $10 & Get $20 in Free Bets

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44 Stake

200% Welcome bonus up to $2,000

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45 Slotuna

100% Welcome bonus up to 150 CAD

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46 NorthStar bets

100% Welcome bonus up to $100

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47 Lilibet

100% Welcome bonus up to €500

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48 Velobet

150% Welcome bonus up to €/$1000

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49 888Starz

100% Welcome bonus up to C$198

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50 50 crowns

100% Welcome bonus up to €200

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51 1Red

200% Welcome bonus up to €5000

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52 Weltbet

100% Welcome bonus up to €200

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53 Zotabet

100% Welcome bonus up to C$225

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54 Woocasino

Welcome bonus up to €400

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55 Sportuna

100% Welcome bonus up to C$120

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56 Betibet

100% Welcome bonus up to €1500

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57 Lunubet

120% Welcome bonus up to €150, wager x8

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58 1win

500% Welcome bonus up to 650 CAD

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59 Betify

50% Welcome bonus up to C$300 in Free Bets

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60 PowerPlay

100% Welcome bonus up to C$500

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61 Dachbet

100% Welcome bonus up to C$200

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62 SG Casino

100% Welcome bonus up to €100

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63 Dailyspins

Welcome bonus up to $2000

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64 Bzeebet

100% Welcome bonus up to $100

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65 Foggybet

100% Welcome bonus up to C$150

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66 Yugibet

100% Welcome bonus up to C$135

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67 BC.GAME

200% Welcome bonus up to $500

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68 GoldenBet

100% Welcome bonus up to €500

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69 Betstro

100% Welcome bonus up to €100

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70 The Online Casino

Bet €/$ 20 & Get €/$40 in Free Bets

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71 LV BET

Welcome No deposit bonus C$7

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72 Zodiacbet

100% Welcome bonus up to €200

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73 Ivibet

100% Welcome bonus up to $150

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74 Megapari

100% Welcome bonus up to C$341

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75 JeffBet

Bet $10 & Get $30 in Free Bets

New Players Only. Min $10 qualifying bets, stake not returned. Free bet - one-time stake of $30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: $200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply.

18+ T&C apply, GambleAware.org

76 iBet

100% Welcome bonus up to C$400

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77 Mystake

100% Welcome bonus up to C$500

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78 Rokubet

100% Welcome bonus up to €500 + 10 Free Bets

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79 Betonic

100% Welcome bonus up to C$150

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80 William Hill

Get up to C$250 in Free Bets

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81 FEZbet

100% Welcome bonus up to C$150

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82 Freshbet

100% Welcome Bonus up to $500

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83 Yonibet

Get up to €50 in Free Bets

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84 LSBet

Welcome bonus €7 in Free Bets

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85 Rabona

100% Welcome Bonus up to C$150

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86 Leonbets

Get Up to C$200 in Free Bets

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87 GGBet

Welcome bonus up to C$6000

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88 Bettilt

100% Welcome bonus up to C$500

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89 Select.bet

100% Welcome bonus up to 150 CAD

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90 Snatchcasino

200% Welcome bonus up to C$1500

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91 Hot.bet

100% Welcome bonus up to C$150

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92 1Bet

100% Welcome bonus up to $CAD 225 + 100 FS

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93 Spinoli

100% Welcome bonus up to €100

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What does cash out mean in betting?

Graphics for section What does cash out mean in betting?

Cash out betting is a risk-management feature that lets punters settle a bet before the event ends, helping to secure a profit or cut potential losses. Many sportsbooks offering Cash Out operate legally in Canadian provinces.

There are two main types: full Cash Out, which settles the entire stake at the current value offered, and partial Cash Out, which allows you to withdraw part of your stake while the rest stays active. Once accepted, the payout is fixed, regardless of the final result.

The Cash Out amount is calculated based on the likelihood of success — the better your position, the higher the offer. However, it's not guaranteed to exceed your original stake.

This feature gives Canadian bettors more control and flexibility, making it a valuable option for managing bets in real time.

Pros and Cons of cash out betting

  • Limitations
  • May not work with bonus bets
  • Fear of missing out (FOMO)

How we rate the best cash out sportsbooks in Canada

To make it onto our list of online betting sites with cash out, a sportsbook must meet six key criteria defined by the MightyTips team:

  • Coverage – Sports and markets must support Cash Out, from major leagues to lesser-known events.
  • Ease of Use and Interface – Activation should be smooth across both desktop and mobile.
  • Speed and Fees for Cash Out – Payouts must be prompt, with no hidden deductions.
  • Limits and Flexibility – Both full and partial Cash Out options should be available.
  • Terms of bonuses and promotions – We examine how Cash Out affects promotions.
  • Live Cash Out Features – The function should remain stable during in-play betting, even with shifting odds.

The best Canadian cash out betting sites at a glance

Graphics for section The best Canadian cash out betting sites at a glance

Each cash out betting site listed below has been carefully rated for feature stability, usability, and performance across key markets:

  1. Powbet – Scored 9.8/10 for consistently operating its Cash Out feature on major sports.
  2. 20Bet – Received 9.6/10 due to reliable live Cash Out functionality.
  3. Betovo – Rated 9.5/10 for its intuitive interface and ease of use.
  4. Dream.bet – Earned 9.2/10 for offering extensive Cash Out options with large-stake bets.
  5. Boomerang-bet – Scored 8.8/10 for a well-designed Cash Out feature on soccer markets.
Table of the Best Canadian Betting Sites
Sportsbook Best For Live Betting Live Streaming
Powbet Pre-Event & In-Play Cash Out + +
20Bet Partial Cash Out Flexibility + +
Betovo User-Friendly Interface + -
Dream.bet Early Cash Out on Combos + -
Boomerang-bet Fast Payouts & Live Cash Out + -

Our top 5 sportsbooks for cash out betting

Choosing among the top cash out betting sites can be tricky, as not every online bookmaker in Canada offers full control over your bets. This expert review showcases the leading platforms that do, helping canadians make more informed decisions and get the most out of your betting experience.

  1. Powbet

    Screenshot of the Powbet sport page

    With Powbet cash out betting, canadian players can take control of their wagers mid-game, whether it’s a tense soccer match or a momentum shift in tennis. This feature applies to both live and pre-match bets, offering full or partial cash outs. It's quick, reliable, and available across top sports and betting markets.

  2. 20Bet

    Screenshot of the 20Bet sport page

    20Bet offers cash out betting with full, partial, auto, and edit options. You can use it on singles, accumulators, and live bets in sports like ice hockey (NHL), Canadian football (CFL), lacrosse, and basketball (NBA). Markets such as match result, over/under, handicaps, and next team to score are all eligible. The system works quickly and reliably, letting canadian sports bettors respond to in-play changes without delay.

  3. Betovo

    Screenshot of the Betovo sport page

    What makes Betovo stand out is its consistent cash out betting availability on niche markets like table basketball, lacrosse, and even virtual sports — areas where many bookies fall short. The platform supports full, partial, and live cash out across both singles and accumulators. It’s particularly useful for canadians who like exploring fast-paced, lesser-known events where momentum can shift in seconds.

  4. Dream.bet

    Screenshot of the Dream.bet sport page

    Dream.bet provides a secure platform with fast payouts and a convenient cash out betting feature, smoothing the whole experience. Cash Out is available on popular sports like ice hockey (NHL), football (NFL and CFL), basketball (NBA), and lacrosse. The sportsbook offers cash out options across various markets, including both pre-match and live betting.

  5. Boomerang-bet

    Screenshot of the Boomerang-bet sport page

    The sportsbook offers a comprehensive cash out betting feature, allowing bettors to settle their wagers early and manage risk effectively. Cash out covers both mainstream and fast-growing sports, from top leagues to virtual competitions. The sportsbook supports cash out on multiple markets, such as singles, accumulators, and live bets.

How to cash out early at a betting site

This section provides clear, step-by-step instructions on how to use the Cash Out feature.

  1. Choose the right sportsbook from our rating – Select a trustworthy betting site in Canada that offers cash out. Ensure the feature is available for the sports and markets you want to bet on.
  2. Register and make a deposit – Create an account with your chosen sportsbook and fund your balance using your preferred payment method.
  3. Place a bet with Cash Out support – Pick an event, cheque that cash out is available on the bet slip, then place your bet.
  4. Follow the event live – The cash out amount will appear in your bet slip. When a cash out offer is available, you can use the feature.
  5. Decide whether to lock in your winnings or keep playing – Once the cash out offer appears, click "Cash Out" to settle your bet early and receive the amount shown.

Types of early cash outs in betting

Canadian sportsbooks provide various options at cash out sites, from complete to automatic cash outs. Discover each type's key features and benefits to make the most of your betting experience.

Full cash out

One of the most straightforward forms of cash out betting, where you close your entire bet early based on the current value offered.

Example: You place a C$50 bet on the winner of a soccer match in the 1x2 market. With a score of 2:1 in the 85th minute, the sportsbook offers you C$70, which you can instantly take and walk away with a profit.

Partial cash out

A flexible feature of cash out betting is the partial option, which lets you secure part of your stake while leaving the rest to play on.

Example: You bet C$40 on a tennis match. Midway through, you cash out C$20 and let the remaining C$20 ride at the original odds in case your player wins.

Auto cash out

Some of the smartest cash out betting tools include auto cash out features, where you set a target amount and your bet is settled automatically when it’s reached.

Example: You place a C$30 live bet and set the system to cash out at C$60. If your bet value hits that threshold, the system locks in your winnings even if you're offline.

Cash out with profit/loss option

Among the more adaptable cash out betting features is the profit/loss option, which lets you settle a bet with a gain or a reduced return, depending on how the event unfolds.

Example: A canadian player places a C$50 bet on a basketball game between two top teams. By the fourth quarter, it's clear the chosen side is unlikely to win, and the sportsbook offers a C$35 cash out, less than the original stake but still a chance to recover part of it.

In-play cash out

Live action meets intelligent decision-making with cash out betting options that work during in-play events. These options allow you to settle your bet at any moment while the game is ongoing.

Example: A canadian player bets C$50 on a UFC fight. As the favourite gains momentum mid-match, the odds shift dramatically. The sportsbook offers a C$100 live cash out, allowing the player to lock in a win before the final bell.

Terms and conditions when cashing out a bet

Graphics for section Terms and conditions when cashing out a bet

Each Canadian sportsbook operates independently, with its specific terms and conditions. Before using the cash out feature or the platform in general, it's important to familiarise yourself with all the relevant details and nuances.

  • Type of bet – Cash out is typically available only for single and accumulator bets placed with the customer's funds; it usually does not apply to free bets.
  • Wagering requirements — The cash out feature can generally not be used on bets placed using bonus funds. Early cash-out may cancel any active bonus offer.
  • Availability — Cash out is not offered at all events. It is most commonly available in major sports such as ice hockey, soccer, football, basketball, and lacrosse. Still, it may be disabled during periods of high volatility or for less popular markets.

Which sports allow cash out?

Not every event supports the cash out sport feature, as its availability depends on market liquidity and technical settings. Sportsbook’ terms and conditions often state that cash out may not be offered on all events and can be withdrawn without notice. Sure matches or markets, especially low-level or highly volatile ones, are frequently excluded.

Cash Out Available For:

  • Ice Hockey (NHL)
  • Canadian Football (CFL)
  • Football (NFL)
  • Basketball (NBA)
  • Lacrosse
  • Baseball (MLB)
  • Soccer (MLS)
  • UFC
  • Volleyball (VNL)

FAQ

? When should I cash out my bet early?

Use the cash out feature when you feel uncertain about the outcome or want to reduce your potential losses before the event ends.

? Which betting apps let you cash out early?

The mobile apps from Boomerang.bet and 20Bet both provide smooth and reliable cash out features, making them ideal for managing bets on the go.

? Can I use bonuses when cashing out early?

Cash out is usually only available for single and accumulator bets with real money. Using it on bonus bets often leads to the cancellation of the bonus.

? Can you cash out a free bet?

No, free bets are promotional offers provided by sportsbooks. Because of this, the cash out option cannot be used with free bets.

? Why can't I cash out my bet?

You should carefully cheque the sportsbooks terms and conditions, as some sports or markets might not support cash out, preventing you from using the feature.

Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.