Can You Cash Out Early on a Parlay Bet?

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Buffalo Bills running back James Cook (28) runs in for a touchdown during the second half of an NFL football game against the Chicago Bears, Saturday, Dec. 24, 2022, in Chicago.
(AP Photo/Kamil Krzaczynski)
BetMGM @BETMGM Dec 28, 2022, 10:34 AM
  • Cash Out is available for both straight and parlay bets.
  • You can receive winnings before a bet is settled.
  • Visit the sportsbook to start building your parlays.

You wagered $20 on a seven-leg cross-sport parlay on seven different NBA and NFL games over one day. If all seven legs hit, you can profit more than $1,400 thanks to odds of +7148.

At BetMGM, you could still win even if all seven legs don’t hit. With Cash Out, you can receive winnings before a bet is settled.

What Is Cash Out?

BetMGM’s Cash Out promotion gives customers a buyout opportunity before a bet is settled, i.e., before the final outcome of one of the multiple events on which you bet.

When available – Cash Out isn’t available at all times and/or for all bets – Cash Out completes the bet and pays you a portion of the potential winnings. 

Can You Cash Out Early on a Parlay Bet?

BetMGM’s Cash Out is available for both straight bets and parlay bets.

If, for example, you hit the first five legs of the seven-leg NBA and NFL parlay, a Cash Out option of $200 might be available. That would guarantee a profit of $210 despite two remaining legs.

If the sixth leg hits, the payout option might increase to $500, a guaranteed profit of $480.

In both cases, if the Cash Out option isn’t accepted and one or multiple remaining legs don’t hit, you won’t receive a payout. 

How To Cash Out a Parlay Bet

If an event within the parlay has started, the Cash Out option, if available, can be seen in the My Bets section of your account. If the event hasn’t started, the option can be seen in the Cash Out section of your account.

BetMGM Cash Out

Visit the online sportsbook to start building your parlays! 

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