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This article is dated April 15, 2023, content related to promotions is no longer valid. Any promotion described below has expired.
Quite often, sports bettors will be sitting with an open parlay wager in hand when a couple of the games have already been settled as winners. In such cases, some of those bettors will wish for the opportunity to get out of the open wager so they can claim winnings without any further risk. It turns out that PointsBet Colorado has the perfect solution for its Colorado customers. Everyone is invited to read the following details related to the PointsBet "Cash Out or Let It Ride" promo.
At the current time, management at PointsBet is treating its Cash Out or Let It Ride promotion as an ongoing offer with no listed expiration date. It shall remain this way until management decides it's time to make a charge to or terminate the offer. It works like this.
After placing a parlay wager of say four 4 legs, a bettor might realize they have some net winnings that are worthy of claiming. Should they decide to do exactly that, they would go to their wagering account's pending bets section. After locating the bet in question, they would need to select the tab to the right of the "cash out" tab. At that point, they would be directed to a slider that would let them decide what % of the bet they wish to cash out early. That's right, they can choose to cash out the entire bet or only a percentage of the bet. Should they choose a percentage of less than 100%, the rest of the bet would remain open until everything has settled.
It needs to be noted that PointsBet does have discretion as to whether or not to approve an early cash-out request. They can also restrict the option to certain types of sports wagers. When the option is available, the applicable sports betting market and odds of the bet will not matter. Customers will simply be given the green light to go ahead with the cash-out process.
In Colorado, there is a minimum online gambling age of 21 years old. During the registration process, new customers will be required to provide proof of age documentation. They will also need to make sure they are using a Colorado IP address when logging into their wagering accounts.
Employees (and their relatives) of PointsBet will not be permitted to access this or any other bonus promotion that the operator is offering.
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