Auto-Cash Out allows you to place bets that automatically close out if your in-play position reaches a nominated level of profit.
This helps when you are betting on a match or event which you cannot watch live.
To use, simply enter your preferred Auto-Cash Out level on the betslip when placing your bet.
If you were to buy £10 of Total Goals at 2.5, you could set to automatically cash out if the profit got to £30 or higher. Once set this would mean as soon as the price hit 5.5-5.7 the bet would automatically close by selling £10 at 5.5 for a profit of £30.
Please also note if the price went through the barrier you would get the extra at best execution, e.g. the quote was 5.1-5.3 and a goal was scored and the match suspends. The next price out might be 6.1-6.3, in which case you would be closed at 6.1 and make £36.
You can edit your Auto-Cash Out levels by clicking on the Cog icon next to the bet you wish to edit.
You will receive an email to tell you if your Auto-Cash Out has been triggered.
You can also select to receive a text alert. Just visit "My Account" then "Trading Preferences" when logged into your Spreadex account, tick the box next to "Text Message" and hit "Submit changes".
Don't forget we also offer Partial Cash Out for fixed odds singles and multiple bets.
Find out more on Partial Cash Out here.
Email:
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