Advanced rules: Cash out and concessions with free bets
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For experienced UK punters, understanding how free bets interact with advanced features like Cash Out and Best Odds Guaranteed (BOG) is essential for managing a bankroll effectively. While these tools are standard for cash wagers, they operate differently—or not at all—when using bonus funds.
Cash Out Restrictions
The Cash Out tool allows you to secure a profit or limit losses mid-event. However, since a free bet stake is not returned, the Cash Out value must usually exceed the original value of the free bet before the button becomes active.
- Example: If you place a £10 free bet, the Cash Out option will typically remain “greyed out” or inactive until the live value of your potential return rises above £10.
Best Odds Guaranteed (BOG)
BOG is a staple for horse racing, ensuring you are paid at the Starting Price (SP) if it is higher than the early price you took. Most UK bookmakers explicitly exclude free bets from this concession. If you win with a free bet at 4/1 and the horse drifts to 6/1, you will likely only be paid at the original 4/1 price.
Managing Multiple Bonuses
If your account holds several free bets, most platforms will automatically prioritise the one with the shortest expiry date or the most restrictive market conditions. Strategic punters should track these dates manually to ensure they don’t lose a bonus while waiting for a specific sporting event.