Cashout

Cashout

Cashout – Your Ticket, Your Choice, Your Timing!

How IT WORKS?

  1. 1 Select your ticket with Cashout option.
  2. 2 Check the offered amount and confirm Cashout.
  3. 3 Get your money instantly; match results do not change your payout.

Cashout Calculation: What It Depends On

  1. Time when the ticket is paid
  2. Amount that is paid on the ticket
  3. Number of the matches on the ticket and their value (odd)
  4. Number of the matches on the ticket that have not started yet and their value (odd)
  5. Number of the won matches on the ticket and their value (odd)
  6. Number of the matches that are in play and their current value (odd)
  7. Bonus on the matches on the ticket
  8. Bonus on the won matches on the ticket
  9. Benefits on paid amount on the ticket (promotions, voucher, freebet bonus etc. .)

Cashout is not available for following events and play types:

  • Play type: Draw No Bet (DNB1, DNB2)
  • Play type: First Half Draw No Bet (DNB1, DNB2)
  • Table Tennis, eSports
  • Outrights, Antepost
  • Tickets from last round
  • Odds higher than 10

Cashout Rules

  • Cashout is an option that provides players the possibility of payout before the beginning of the matches or the matches that are in play, as long as the status of the ticket is unknown, unfinished.
  • Cashout is not available for the tickets that have the status “loss”
  • When Cashout is Completed, the amount that counts is the amount that player took by using Cashout and afterwards results have no impact (influence) on already accepted payout (amount).
  • Cashout is available on all our betting shops, and our web site www.championbet.et and through our app.
  • CHAMPION BET will not be responsible if Cashout is not available due to technical reasons. Display of the Cashout will be visible regardless if it is available or not.
  • CHAMPION BET is not obligated to accept every Cashout demand of the player
  • The player is not obligated to accept every Cashout amount.
  • The player is limited with number of Cashout demands in certain period of time depending on the status of the matches that are on the ticket.
  • If the ticket is played via Freebet funds, Cashout will be paid out based on the rules of Freebet betting. Example: Freebet stake is ETB 100, Cashout amount offered is ETB 500. ETB 100 is back on Freebet account and ETB 400 is transferred to the cash account.
  • Once accepted Cashout cannot be canceled or payed out again.
  • Because of the possible technical problems or an obvious mistake in Cashout option, CHAMPION BET reserves the right to suspend possible payout, to make a correction of the odds in the matches that were in play and based on that to make new Cashout offer on determined way.
  • Every attempt of illegal Cashout or other way of abuse is strictly forbidden. In that case, CHAMPION BET reserves the right to afterwards suspend possible Cashout, to make a refund of illegal payout to the player that abused Cashout on any way (Example: Cashout on the ticket that already had a “loss” status, Cashout on wrong processed results on the match, Cashout on the tickets that are paid in via benefits or similar).

How to make a Cashout demand via online betting on www.championbet.et or mobile app?

  • For player to make a Cashout demand via online betting on www.championbet.et or mobile app he must be logged in on his online account.
  • In “Recent tickets” where you can see all your tickets there is a button (icon) “Cashout offer”. If you see the offered amount on the icon, it means that a player can immediately pay out the specified amount.
  • Click on “Cashout offer” and if you are satisfied with offered amount, click “OK” to confirm it.