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Leg 1
| Fair Cashout Offer | |
| Cashout Offer Hold (Dollar) | |
| Cashout Offer Hold (Percentage) |
What is Fair Cashout Calculator?
The Fair Cashout Calculator helps you determine the fair value of a cashout offer compared to the true potential payout of your parlay bet. By entering your wager amount, the cashout offer, and the odds for each leg of your parlay, the calculator computes what the fair cashout value should be.
This tool is designed to help you assess whether the cashout offer provided by your bookmaker is favorable relative to your bet's expected value.
How to Use the Fair Cashout Calculator
1. Enter your wager amount and the cashout offer.
2. For each leg of your parlay, input the odds you purchased and, if the leg hasn't yet hit, the current offered or true odds, depending on how you define "fair."
3. Click the "Calculate" button to see the fair cashout value, along with the cashout hold in dollars and as a percentage.
Example
For instance, if you wagered $100 on a parlay and your bookmaker offers a cashout of $150, the calculator will determine the fair cashout value based on the odds of all legs and compare it to the offer, indicating the hold percentage (i.e. how much the offer is “holding back” relative to fair value).
Frequently asked questions
What is a fair cash-out value?
It is the current worth of your ticket: the live probability of the bet winning times the potential payout. If a $100 ticket paying $300 is now 60% to win, holding it is worth $180 — that is the fair cash-out.
Why are cash-out offers always below fair value?
The book applies its margin a second time when repricing your ticket. Offers commonly run 5–10% under the fair number, so accepting them systematically leaks value.
When does taking the cash-out make sense?
When the offer is close to fair and you have a bankroll or exposure reason to reduce variance, or when your own estimate says the win probability has fallen further than the live line implies. As a routine habit, cashing out costs you money.
What inputs does the calculator need?
Your potential payout and the current odds (or probability) of the ticket winning. It returns the fair value to compare directly against the number the book is offering.