On July 31, 2021, Odibets, a leading betting firm in Kenya, introduced a new cash-out feature that is set to change the game in the betting industry.
The cash-out feature allows customers to take an early payout on their bets before they are settled, giving them a chance to get money back before the event is over and their bet is ultimately settled in advance.
The amount offered for the cash-out will reflect in the 'My bets' segment on the Odibets platform and will be based on the odds of the games at the time the customer chooses to go for the cash-out option.
According to Odibets lead bookmaker, Mr. Daniel Macharia, the company introduced this unique feature to give customers a good user experience and to heed the calls from punters across the country who wanted the cash-out feature.
After cashing out, the customer's initial bet is considered settled and will no longer appear on their open bets.
Odibets has made several betting fanatics lucky winners after correctly predicting the outcomes of several matches, scooping several bonuses. One lucky winner, John Ngumi, a boda boda operator, correctly predicted 15 match outcomes out of the possible 17 on the Odibets Mega Jackpot and walked away with Ksh2,164,000, a bonus of the Ksh105,000,000 grand prize.
Terms and conditions for the Odibets cash-out feature include:
- Cash out is available on all events, fixtures, and markets both pre-match and live betting, single and multiple bets.
- Any stake amount can qualify for a cash-out.
- Cash-out is available across all online channels: Browser, mobile app, and desktop.
