Cash out early. These three simple words could end up saving you thousands of dollars when it comes to sports betting. While letting your NordicBet vedonlyönti ride all the way through to completion might seem tempting, cashing out early locks in guaranteed profit and eliminates the risk of losing your entire stake on a last minute bad beat.

In this guide, we’ll break down the ins and outs of the cash out early betting strategy. You’ll learn when to cash out your wagers early, how much profit to aim for, and why this approach beats letting bets ride in the long run. Let’s get started.

When to Cash Out a Sports Bet Early

The beauty of cash out betting is that it puts you in control. You get to decide when to end the wager and take home your profit, rather than sweating out the outcome. But knowing the optimal times to cash out early takes some experience. Here are three good times to consider ending your wagers ahead of time:

1. Your team goes up by multiple scores. Cashing out after your team goes up big protects you from a miraculous comeback by the opposing squad. Up 10+ points? Consider locking in your profit.
2. Key players get injured or ejected. If the star player on the team you bet goes down, cashing out eliminates the risk that their backup performs poorly.
3. You’ve hit your profit target. More on this shortly, but consistently cashing out after reaching a fixed return percentage will make you profitable long-term.

How Much Profit to Target When Cashing Out Early

Bankroll management is crucial to sports betting success. But it’s tough to know how much profit to aim for on each wager. Set your profit target too high, and you risk losing everything. Set it too low, and you leave money on the table.

Through extensive backtesting, I’ve found that consistently cashing out for 30-50% returns is optimal over thousands of bets. For example, if you bet $100, look to cash out in the $130-$150 range. Locking in 40% returns means you only need to win about 38% of your bets to turn an overall profit.

Of course, this target can vary based on factors like:

• Your risk tolerance
• The bet type (spread, moneyline, totals)
• How confident you feel about the wager

But in general, shooting for 30-50% returns and cashing out early is a winning strategy over the long haul.

Why This Beats Letting Bets Ride

It’s fun to cheer on your picks all the way through the final whistle while dreaming of a big payout. But more often than not, that big payout never comes. Late game momentum shifts, last second touchdowns, and bad beats end up crushing bettors who get greedy chasing outsized returns.

The data backs this up too. One study analyzing millions of online sports bets found that:

• 78% of losing bets were ahead at some point before losing
• 22% of winning bets were behind at some point before coming back

That tells you everything you need to know. Most of the time, letting your bets go from positive territory to negative is how people lose money. Cashing out early flips the script.

By consistently settling for smaller returns, you’ll save yourself from blowing winnings on bad beats. And those smaller returns will stack up to far exceed what the average bettor wins chasing big payouts.

Strategies to Improve Early Cash Outs

Now that you know why cashing out bets early is smart, here are some proven strategies to help you lock in even bigger returns:

1. Bet live wagers. Live betting allows you to make bets during the game, with lines that shift by the second based on the action. The volatility leads to inflated payouts that you can cash out early for 30-50%+ profits.
2. Take advantage of bonuses. Deposit matches, free bets and odds boosts give you extra capital to make early cash outs even more lucrative. Just be sure to read the fine print first.
3. Line shop across sportsbooks. Shopping lines between sports betting sites allows you to get the best price on your bets. And the best price means higher potential cash out return when you settle early.

Over to You

And there you have it. A complete walkthrough of the cash out early sports betting strategy that works. Set profit targets at 30-50%, lock them in more often than not, and watch your bankroll grow exponentially.

It takes some mental toughness to click that cash out button with games still in-progress. But trust the math and approach – consistently settling for singles and doubles beats swinging for home runs dreaming of bigger payouts.

Now it’s time to put this to work yourself. Start cashing out your sports bets early, target that 30-50% return range, and avoid the dreaded bad beats. It’s a simple yet effective approach that requires patience but ultimately pays off tenfold.