Which Bookmakers Offer Cash-out

What is a bookmaker

You have probably seen that term thousands of times but we are sure that there are still some of you that do not know the exact meaning of the word “bookmaker”. Yes, you are right, it is something that deals with gambling but… The “bookie” (another widespread slang word for bookmaker) could be a person or organization that accepts bets on football, basketball, tennis or other games. They are responsible for setting the odds before the start of the event. For instance, if Manchester United faces Chelsea in a match from the English Premier League, the bookmakers could set odds for a win of the Red Devils of 1.75. This means that the hosts are defined as favorites to win the game. By staking 100 EUR for their potential win, you can get a profit of 75 EUR (1.75 (odd) X 100 EUR (stake) – 100 EUR (stake) = 75 EUR (net profit). Of course, Manchester United should win this match, otherwise, you will lose 100 EUR.

In accordance with the latest survey, gambling has been attracting more and more interest in the last couple of years. It is stated that more than 15 billion euros are played on an annual base. We should mention as well that the number of websites related to betting and online bookmakers has increased dramatically.

What time do bookmakers open/close

Offline bookmakers usually work from 09:00 till 22:00 without Sundays but it depends on the different countries. Most of the bettors place their stakes on online platforms taking advantage of the lucrative offers for starters. Online websites work constantly and you can imagine that the variety of football matches and sports events is extremely rich 24 hours a day, 7 days a week. In fact, there is no single day deprived of sports events, so do not worry, if you are a hardcore bettor, you can place your stakes without interruption.

Which online bookmakers do placepots

In order to make a placepot bet, as a bettor, you should choose one single horse in each of the first six races on a particular horse racing meeting. Additional horses could be chosen for each race but then your stake should be significantly higher. The following websites offer placepots, so you can check them out:

BetVictor;
Ladbrokes;
William Hill;
Coral;
Paddy Power;
Betfair;
Bet365.