DraftKings Cash Out - How to Cash Out on Draftkings

Last updated September 10, 2025

Don’t feel like sweating out the final minutes? The DraftKings Cash Out feature lets you settle a bet before the game is over. 

Take a profit if things are going your way or cut your losses if they’re not. It gives you more control while the action’s still live. Just keep in mind: DraftKings cash out rules vary depending on the sport, market, and moment. Here´s how Cash Out work on DraftKings Sportsbook.

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What is DraftKings Cash Out?

DraftKings Cash Out is a feature that lets you take your payout before the game is finished. It’s a way to lock in a win or limit a loss, depending on how things are looking in the game.

Once you see the “Cash Out” button on your bet slip, you’ve got options. The offer updates in real time, based on live odds.

SituationWhat It Means
Your team is winning💰 Higher cash-out offer (but less than full win)
Your bet’s looking shaky🔻 Lower offer — maybe even less than your stake
Odds moving too fast⏳ Cash-out option might temporarily disappear

📝 DraftKings Cash Out Rules (What You Should Know)

  • DraftKings cash out rules vary by sport, event, and bet type
  • Only available on select markets (some live, pre-game, parlays)
  • You might get a partial cash out option — keep some, let the rest ride
  • Once you cash out, the bet is settled — win or lose, it’s done
  • If odds shift too fast, the cash-out button might pause temporarily

How to Get Started Using the DraftKings Cash Out feature

To begin utilizing this feature, simply follow these straightforward steps:

1 Open a DraftKings Account:

 If you haven't already done so, register for a DraftKings account from any link on this page to receive the welcome bonus. 

2 Place a Wager:

Fund your account and place a pre-match or in-play bet on a sports event that offers the Cash Out feature, selecting your preferred betting option.

3 Monitor Your Wager:

Keep track of your bet's performance and stay updated with the live progress updates provided by DraftKings as the game unfolds.

4 Access the Cash Out Option:

If your bet qualifies for Cash Out, you'll find the Cash Out option available in your bet slip. The offered cash-out value will be displayed for your consideration.

5 Opt to Cash Out:

At any point during the event, you can choose to cash out your bet by clicking the Cash Out button. You have the flexibility to either cash out the full amount or opt for a partial cash-out of a specific portion of your bet.

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Why Use DraftKings Cash Out?

Think of the DraftKings cash out feature as a betting tool that gives you control, not just another button to press. It gives you more control, more flexibility, and a way to act fast when the game takes a turn.

Here’s what makes it worth using:

🧾 What You Can Gain From Cashing Out

AdvantageWhat It Means
💰 Secure profitsCashing out early can be smart when your bet is on track. It’s especially handy with parlays.
🔻 Limit lossesExit a bad bet mid-game before it gets worse
🕹️ In-play friendlyCash out also works with DraftKings Live Betting, so you can react in real time while the game is still going.
Fast payoutsGet your money before the game ends — no need to wait
🎯 More controlStay flexible when odds shift or momentum swings

Real-Life Example

Say you’re four-for-four on a five-leg parlay. The last leg’s a coin toss. Instead of sweating it, cash out with solid profit and walk away. Or, if your team’s down early but rallying, you might wait it out, then cash when the line moves in your favor.

👉 Success with cash out is about judging the moment and stepping in when it feels right.

Cash out at DraftKings isn’t available on every single bet, since the rules depend on the game and the market. When it is available, it can be a big help. It gives you a chance to protect your balance or secure a payout before the result shifts.

When Can You Cash Out on DraftKings?

Wondering when you can cash out on DraftKings? It depends on the bet and the moment. 

The cash out option is only available on select wagers, like certain pre-game bets, live bets, and parlays. You’ll know a bet qualifies when the Cash Out button pops up on your slip.

Keep in mind: when cash out is available on DraftKings isn’t set in stone. It can appear, change, or disappear based on how the game is unfolding. Odds never stay still, and your cash out balance adjusts right along with them. 

During big swings or game-changing moments, DraftKings may temporarily freeze the option. Once it’s back, you can decide to take the offer or let it ride.

Quick Look: Cash Out Availability

Bet TypeCash Out Available?
Pre-game bets✅ Sometimes
Live/in-play bets✅ Often
Parlays✅ Sometimes (depends on legs)
Free bets/promo bets❌ Rarely
Boosted odds bets❌ Usually not

Keep an eye on your bet slip, it shows you which bets are open and which are locked.

Smart Tips for Using DraftKings Cash Out

Cash Out is not only for damage control, it can off course be a strategic option too. Use it well, and it can save your profit or soften the blow. The key? Timing.

Watch the game and the odds. If you’re holding a shaky parlay and the early legs hit, cashing out before the final risk can lock in a decent win. 

On the other hand, if your team takes an early lead, the cash out offer may rise. That could be the right moment to lock in profit before the game turns.

👉 Try not to wait until it’s obvious. By then, the value usually drops.

🧠 Quick Cash Out Tips

TipWhy It Helps
Cash out early on parlaysBank solid returns before a final-leg sweat
Watch for momentum shiftsThe odds never sit still, and your cash out balance adjusts just as fast.
Don’t get greedyIf it looks good now, it might not last
Partial cash-out when unsureTake some profit, keep some risk
Act fast during live bettingDraftKings can pull the option during key moments

Trust your read of the game, but don’t let yourself get stuck overthinking. Sometimes grabbing a guaranteed win beats chasing a bigger one that might never land.

More About DraftKings

FAQ

What is DraftKings Cash Out?

Cash Out lets you settle a bet before the game is over. It gives you the chance to lock in a profit or cut your losses based on how the game is going.

How does DraftKings Cash Out work?

Once you place a bet, DraftKings tracks the action and sets a live cash out value. You can hit the button any time it’s available, and either walk away early with some winnings or take back part of your stake.

Is DraftKings Cash Out available for all bets and sports events?

Not all bets qualify. Some sports and markets have it, others don’t. It depends on the event and where you’re betting.

Can I cash out my bet before the event starts?

Sometimes, yes. Certain pre-game bets show a Cash Out option right away. Check your bet slip to see if it’s listed.

How do I know if my bet is eligible for Cash Out?

If Cash Out is on the table, you’ll see it right in your bet slip with the value displayed. If it’s not there, that bet isn’t eligible.

Is there a fee for using DraftKings Cash Out?

No fees. Just keep in mind the payout will be a little less than if you let the bet ride and it wins.

Can I use DraftKings Cash Out on my mobile device?

Yes. It works the same way on the DraftKings app as it does on desktop.

What is the benefit of using DraftKings Cash Out?

Control. Cash Out gives you the power to react to the game as it unfolds. You can walk away with money in your pocket or limit the damage if things start going south.

Can I use DraftKings Cash Out for live bets (in-play betting)?

Yes. You can use it on in-play wagers as well as pre-game ones, so you can react in real time.

Why Is DraftKings Cash Out Suspended?

If the game swings suddenly or gets close to the end, DraftKings might pause the feature. That way the odds can catch up to what just happened on the field. Once things settle, the option usually comes back.

Why can't I Cash Out on DraftKings?

You usually can’t cash out on DraftKings if the feature isn’t available for that bet. Sometimes it’s locked because the game is already in progress, the odds are moving too fast, or DraftKings has decided not to allow cash out on that market. It can also be as simple as your bet not meeting the minimum payout rules.

Martin
Martin Efvergren
Martin is a sports betting professional who provides initiated betting picks and predictions. His primary focus is on NHL picks, sportsbook promotions, and casino stories.