VBet Games and Online Betting: Here are our best promotions for each of our games.
|VBet Games and Online Betting: Here are our best promotions for each of our games. VBet offers different promotions and bonuses for every single game.|
Here we present one of our offers, for all the others please visit the site, to realize our fantastic promotions in all games.
Cash Out/ Partial Cash Out/ Auto CashOut:
CashOut is a feature on the website which allows the “Participant” to renounce (close) the bet (drop the ticket) by receiving a certain amount of money from the “Organizer” and renounce the possible win or loss as a result of the outcome of the placed bet.
CashOut feature is available for single and multiple bets.
It is possible to use the CashOut feature in all the cases when it is offered by the “Organizer”. After placing a bet in the “Organizer’s” website, in the history section, the “Participant” can see the CashOut button, if it is available for the given event.
The “Participant” can use the CashOut feature before the events take place (Pre-match), as well as while the events are still live.
CashOut feature is displayed as a button in the “history” section of the organizer’s website.
For the single bets, it is possible to use the CashOut feature until the outcome of the event is revealed.
The “Participant” has a right to use the CashOut feature on single, as well as multiple bets until the events take place.
During pre-match games the amount of CashOut is calculated the following way: the initial odds, with which the bet was placed, is divided by the odds which was available while clicking on the CashOut button, multiplied by the 95 percent of the bet amount.
E.g. the “Participant” has placed a 1000 / one thousand/ AMD bet on the match “Chelsea” – “Liverpool” on the “Chelsea” outcome. While placing the bet, the odds for “Chelsea” victory was 2.1. When the odds decrease and reach 1.65, the “participant” decides to use the CashOut feature. In this case the amount of CashOut will be calculated 2.01/1.95*1000*0.95 = 1157.27.
During live events the amount of CashOut is calculated with the same formula, however instead of 0.95 odds of CashOut a special formula works, which represents a dynamically changing feature which depends on two parameters:
1. The numerical value of the odds at the moment of pressing the button
2. The number of not counted events (in case of multiple bets)
In case of multiple bets, if one or several of the events are considered incomplete , they don’t participate in the process of CashOut calculation, if they were considered incomplete before using the CashOut feature.
Before pressing on the Cashout feature button the “Participant” sees the amount of funds offered by the “Organizer.”
Partial CashOut is a CashOut version that is calculated by the same formula, as in case of the ordinary CashOut (Live and Pre-match games).
In case of partial CashOut the placed bet is completely cashed out. A part of the sum, decided by the “Participant” is added to their personal gaming account, and the other part is automatically placed as a bet on the outcome of the same event with the odds offered by the Organizer on the moment of using the CashOut feature.
The participant can see the money flow in the personal gaming account’s “history” section.
Auto CashOut is another CashOut version. The “Participant” can use the auto CashOut feature after placing a bet on an event outcome.
Auto CashOut calculation is done the same way as the CashOut.
The “Participant” sets a certain limit for the funds and if the bet’s CashOut amount exceeds the limit set by the “Participant” as a result of the odds changed by the Organizer, the system automatically makes an Auto CashOut. The given amount is added to the “Participant’s” personal gaming account. In case of Auto CashOut the mentioned funds cannot be more than the prize of the given bet outcome.
After placing the bet, the “Participant” can chose the Auto CashOut feature in the “History” section of the personal gaming account and sets a certain amount of funds. If the set amount is exceeded, CashOut is carried out.
Auto CashOut feature is valid for single and multiple bets.