Betfair's Cash Out Reaches Milestone

This story was published more than 12 years ago.

London based betting exchange Betfair has announced its Cash Out trading tool has been utilized for the one millionth time, awarding the lucky gambler who used the feature £1,000.

Cash Out allows customers to see how much profit a punter can bank at any given time and is available in soccer and tennis markets. The Cash Out tool was introduced in February, and is expected to be expanded on in the future. The expected tool growth will see increased markets, additional sports, and mobile usage to enhance the player's experience.

Currently 20% of all Befair soccer gamblers use the Cash Out tool, and more than £10 million has been bet on the Premier League so far this season.

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