bet365 Close Bet Explained

Bet365 Promotion

Close Bet from bet365 – a new way to place your bets!

The folks over at bet365 have bought out a brand new method for betting, it’s called ‘Close Bet’ and is now available for bets placed on football, tennis and basketball! If you are wondering what the new tab and the Close Bet button on bet365 is, then read on! Some punters may refer to this as the bet365 Cash Out option.

Close Bet is now available via mobile, tablet, iPhone, iPad, bet365’s premium mobile site and the normal desktop version of the website. Close bet allows all bet365 customer to cash in on a bet before it has reached settlement. At the minute it is not available to customers in Greece, Germany, Italy or Australia.

So how does close bet work?

It’s pretty simple really, if you’ve placed a bet and you’re having doubts over its potential success, you can change your mind and take a settlement fee in return for your now-void bet. Depending on the bet/potential outcome, you’ll either make an early profit on a winning bet or a reduced loss on your initial stake for a losing bet.

The amount by which you will receive will all depend on the return for the early Close Bet decision will of course depend on the bet in question.

The option is available in the top right of the customer’s bet365 homepage, just like on the image below:

 

Close Bet From bet365

Nearly all bet types are supported by the Close Bet method, including singles, doubles, trebles, accumulators, lucky 15, plus loads more available options.

The following markets are excluded from the bet365 Close Bet method:

Asian Handicap
Goal line
Draw No Bet
First/next/last goalscorer
Scorecast
Anytime scorecast
First half scorecast
Wincast
Timecast.

Any associated bonus applied to the bet in question, such as bet365’s Euro Soccer Bonus, will be forfeited as part of your decision to close the bet early. If you need any more info, just go towww.bet365.com Don’t forget, if you are a new customer to bet365, you can also get a matched bet up to £200!

Close Bet Explained bet365