What are Early Payout Bets in Sports Betting?
What are Early Payout Bets in Sports Betting? - Stake Sportsbook Betting Guide
Whether you’re a fan of soccer leagues, cricket, MMA or Esports, joining Stake Sportsbook gets you the best odds and promotions on all your favourite sports! As well as wide coverage of major events and free live streams, you can also benefit from our early payout promotions when you bet on Stake.
What is an Early Payout?
Early payouts are a type of sports bet or promotion, where your bet will be settled as a winner before the match is finished. For example, an early payout offering might give you your payout if the team you selected goes ahead in the match by 2 goals. In this case, your bet will be settled as soon as the second goal is confirmed. Even if the team you bet on goes on to draw or lose the match, the final outcome doesn’t matter because you’ll have received your winnings already.
Early payout promos are usually only available on selected markets. For example, betting on the match winner market. They’re an excellent way to secure profits and ensure risk mitigation in open-ended matches.
Types of Early Payout Bets
There are lots of different types of early payout bets available, although they vary depending on the online sportsbooks and sports you’re betting on. For example:
1UP/2UP - A typical offering for lower-scoring sports such as when betting on soccer. A 1 to 2-goal lead is seen as a safe lead, although plenty of times have gone on to draw or lose even after going 2UP.
First ball payout - These early payout offers reward you if the cricket team you back hits a six in the first ball.
Runs advantage - In baseball betting, early payouts are often triggered if one team goes ahead by 5 runs.
Point advantage - For sports like basketball and American football, the number of points scored in a match can be much higher. As a result, potential winnings from an early cash out feature are normally triggered when a team goes ahead by 17 or 20 points.
Why Should Sport Bettors Use Early Payouts?
There are lots of reasons to use an early payout offer. Some of the key benefits of these promotions include:
Lower Risk - While teams that go ahead by a certain number of goals or points often get the win, there’s always the risk of a bad beat. Even the best sides can get complacent and allow their lead to slip, but the early payout provides risk management.
Collect Winnings Early - With most early payout offers, you’ll get your payout within just a few minutes of the condition being triggered. This means you can cash out your winnings or place another bet straight away.
Increase Value of Your Bets - Early cashout offers a great way to increase the expected value of your bets, as they lower your potential risk. This means that over time, you’re likely to have higher profits.
Best Sports to use Early Payouts
Lots of sports feature early payout offers. At Stake, you can claim early payout and similar promotions on soccer, cricket, basketball and ice hockey. Generally speaking, sports where teams have a higher chance of overturning a deficit are the best options for early payout offers. Data shows that typically, basketball games are the most likely to see comeback wins, as scoring opportunities are frequent, and 3-point shooting means teams can overturn a 20-point deficit in 7 successful shots.
Early Payout vs Cashout
Early payout isn’t to be confused with sports betting cashouts on Stake, although they do share some similarities. A cash out allows you to settle your bet early, closing your bet at the current odds from your bet slip. This can be done to take your payout early or to protect your original stake from a losing bet. Cashout gives you more freedom over your active bets, but it’s something you have to do manually. On the other hand, early payout offers are completed automatically on a conditional win, with no need for you to do anything to collect your winnings.
Early Payout Options & Promotions on Stake
Stake has a lot of exciting early payout offerings, including the following:
Premier League - Early Payout: Place any pre-match single bet on the 1x2 market of a Premier League match, and if your team is ahead in the 90th minute, you’ll win your bet if they don’t win the match.
Champions League - Early Payout: If you place a pre-match, single 1x2 bet on a Champions League match and if your football team is winning in the 90th minute, you’ll get your payout if they go on to lose or draw the match.
Indian Cricket - First Ball Payout: Place a pre-match single bet on the Winner (Incl. Super Over) for any Indian cricket match, and if your team smashes a six on the first ball but goes on to lose the match, you’ll still win your bet.
PSL - First Ball Payout: If you’ve placed a pre-match single bet on the Winner (Incl. Super Over) of a Pakistan Super League match and your team hits an early six on the first ball, you’ll still win your bet even if they go on to lose the match.
NBA - Half Time Payout: When you place a pre-match single bet on the Winner (Incl. Overtime) market for any NBA match, and the team you selected is up by 12+ points at halftime but doesn’t win, you’ll still receive your payout.
NHL - 2 Goal League Payout: Place a pre-match single bet on the Winner (Inc. Overtime and Penalties) market of any NHL game, and if your ice hockey team is winning by 2 or more goals at the end of the second period but loses the match, you’ll get your payout.
Watch Free Sports Live Streams & Place Live Bets at Stake
Stake covers a huge range of sports events and betting markets. You can find pre-match and live betting markets on a variety of popular sports. Bet live by opening the live sports event page and taking advantage of the odds as they change in real-time based on live developments. We even have free live streams on selected events. Just look out for the live stream icon and log in to watch the action as it happens.
Deposit & Withdrawal Methods for Betting at Stake Sportsbook
Deposit
Log in to your Stake.com account using your secure passkey or password.
Open your Stake wallet and select one of the available local currencies, which include Canadian Dollars, Turkish Lira, Vietnamese Dong, Argentine Pesos, Chilean Pesos, Mexican Pesos, USD in Ecuador, Philippine Pesos,Ghanaian Cedi, Nigerian Naira, and Indian Rupees and then a secure payment method.
You can deposit and bet with crypto at Stake too, including BTC, ETH, USDT, EOS, DOGE, LTC, SOL, and TRX. Send a crypto deposit to the address provided, or buy crypto from a trusted exchange or platform such as Swapped.com or MoonPay before transferring it.
WE also recommend using Swap Connect or Mesh at Stake for seamless integrated crypto deposits.
Once your funds arrive, store them safely in the Stake vault, and use the Swap Crypto feature at any time to swap between supported cryptocurrencies.
Withdraw
Log in and open your Stake wallet.
Select the withdrawal option and choose any of the available payment methods.
Enter your details if needed and the amount you’d like to deposit.
If you’re sending crypto, make sure you have the right blockchain network selected.
Confirm your withdrawal request and wait for your funds to arrive.
Stake VIP Club & Responsible Gambling
While betting at Stake, you can take advantage of our exciting sports betting promotions and bonus bets, including the early payout offers. It’s also possible to earn exclusive rewards through our VIP Club. Level up your account by placing bets, and you can unlock regular rakeback, reload bonuses and even your own VIP host. Find more details on the VIP FAQ page.
Remember to bet responsibly while enjoying sports betting at Stake. Use our budget calculator to set a sensible budget, and stay in control with the tools and resources on the Stake Smart page.
