Fanduel Sportsbook Keep The Cash

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Fanduel Sportsbook Keep The Cash Winning

FanDuel Sportsbook has introduced a new feature that could allow it to keep pace with the leading mobile sportsbooks in New Jersey. In an update to its mobile app on Monday, and also rolled out on its website, FanDuel launched a cash-out option to allow bettors to “either lock in winnings or cut your losses.”. FanDuel Sportsbook is no stranger to fun promotions, but its latest venture into that.

FanDuel Sportsbook has introduced a new feature that could allow it to keep pace with the leading mobile sportsbooks in New Jersey.

In an update to its mobile app on Monday, and also rolled out on its website, FanDuel launched a cash-out option to allow bettors to “either lock in winnings or cut your losses.”

App update for ⁦@FDSportsbook⁩ ???? pic.twitter.com/I32hPWyzYE

— Marc (@MeltzVegas) November 26, 2018

Such a feature exists with the top NJ sports betting products on the market, including DraftKings Sportsbook, SugarHouse Sportsbook, and 888 Sportsbook.

How it works

Boiled down, if a user’s selection trends toward not paying out, that customer can “cash out” before the event ends. This allows bettors to capitalize as much as possible on wayward wagers.

The value of cashing out depends on the status of the wager. The deciding factor, per FanDuel, rests on “whether you’re ahead or behind and by how much.”

As the status of wager updates in real time, bettors can wait for ensuing plays to determine the most opportune time to cash out.

Cash Out, as FanDuel calls it, is not available for every wager. When applicable, however, the “Cash Out” button on the bottom of the page allows users to take advantage of the feature.

FanDuel rolls out Cash Out promo

As a way of celebrating the newest feature, FanDuel introduced a Cash In With Cash Out promotion.

Simply by clicking the Cash Out button, users can receive free site credit.

Limited to one wager per bettor, users looking to capitalize on an errant wager can cash out their winnings and earn$10 in site credit.

Customers must be physically located in New Jersey to cash in on the offer.

The free credit from the promotion expires seven days after receipt.

Joining the cash out crowd

The mobile sports betting industry in the Garden State has continuously expanded and grown since launching in August.

With a crowded market featuring eight mobile products, the leading operators boast similar cash-out features.