Heritage Sports Adds Early Cash Out Feature

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  • SBR Forum
    Administrator
    • 12-02-06
    • 4559

    #1
    Heritage Sports Adds Early Cash Out Feature
    Heritage Sports released an Early Cash Out feature last week as detailed in this report.

    Please share any feedback or questions you have on the new feature.
  • Roscoe_Word
    SBR MVP
    • 02-28-12
    • 3999

    #2
    Heritage is one of my best books. This is a very innovative feature to offer their customers.

    Does the cancelled bet result in a 100% return of ticket value; or a percentage?
    Comment
    • PaperTrail07
      SBR Posting Legend
      • 08-29-08
      • 20423

      #3
      It gives you a #
      Originally posted by Roscoe_Word
      Heritage is one of my best books. This is a very innovative feature to offer their customers.

      Does the cancelled bet result in a 100% return of ticket value; or a percentage?
      Comment
      • SBR Forum
        Administrator
        • 12-02-06
        • 4559

        #4
        Originally posted by Roscoe_Word
        Heritage is one of my best books. This is a very innovative feature to offer their customers.

        Does the cancelled bet result in a 100% return of ticket value; or a percentage?
        A custom $ amount will be offered and displayed for consideration. We'll work on building some examples of using the feature and integrating it into the Heritage Sports review page.
        Comment
        • Roscoe_Word
          SBR MVP
          • 02-28-12
          • 3999

          #5
          Originally posted by SBR Forum
          A custom $ amount will be offered and displayed for consideration. We'll work on building some examples of using the feature and integrating it into the Heritage Sports review page.
          Thank you.
          Comment
          • Roscoe_Word
            SBR MVP
            • 02-28-12
            • 3999

            #6
            Originally posted by PaperTrail07
            It gives you a #
            Thanks, PT
            Comment
            • deeppckts
              SBR Wise Guy
              • 12-19-12
              • 830

              #7
              It's hilarious to call this a feature. They probably charge you 10% to cancel your wager.

              You can already cancel your wager by just wagering on the other side, so unless they're giving you a better price than doing that, it's kind of a joke. Not to mention if you're well funded at other books, you could probably 'cancel' your wager at a better price.
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 61495

                #8
                Originally posted by deeppckts
                It's hilarious to call this a feature. They probably charge you 10% to cancel your wager.

                You can already cancel your wager by just wagering on the other side, so unless they're giving you a better price than doing that, it's kind of a joke. Not to mention if you're well funded at other books, you could probably 'cancel' your wager at a better price.
                Whilst I agree the margin offered is key to whether the feature is good or not, there is massive variance across books I use in terms of what they offer, the real reason people love this feature so much is so they can bail out when they do not have money sitting in a book where they are able to bet the other side live.

                Or where there is no live market at all.
                .
                Comment
                • pologq
                  SBR Posting Legend
                  • 10-07-12
                  • 19899

                  #9
                  I used this with bovada. It helps give you cash faster if you have a win and want to get that money on something coming up before the previous game ends.
                  Comment
                  • PaperTrail07
                    SBR Posting Legend
                    • 08-29-08
                    • 20423

                    #10
                    can always leverage bet it as well-
                    Originally posted by pologq
                    I used this with bovada. It helps give you cash faster if you have a win and want to get that money on something coming up before the previous game ends.
                    Comment
                    • PharaohUB
                      SBR MVP
                      • 01-23-07
                      • 4865

                      #11
                      Originally posted by Optional
                      Whilst I agree the margin offered is key to whether the feature is good or not, there is massive variance across books I use in terms of what they offer, the real reason people love this feature so much is so they can bail out when they do not have money sitting in a book where they are able to bet the other side live.

                      Or where there is no live market at all.
                      Opti this has nothing to do with live betting. You can only cashout before the match starts.
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61495

                        #12
                        Originally posted by PharaohUB
                        Opti this has nothing to do with live betting. You can only cashout before the match starts.
                        Just to start with. Article says it will include in-play cashouts in the near future.
                        .
                        Comment
                        • PharaohUB
                          SBR MVP
                          • 01-23-07
                          • 4865

                          #13
                          Originally posted by Optional
                          Just to start with. Article says it will include in-play cashouts in the near future.
                          That would be pretty cool.
                          Comment
                          • pologq
                            SBR Posting Legend
                            • 10-07-12
                            • 19899

                            #14
                            Originally posted by PaperTrail07
                            can always leverage bet it as well-
                            you are right
                            Comment
                            • pimike
                              BARRELED IN @ SBR!
                              • 03-23-08
                              • 37139

                              #15
                              Originally posted by pologq
                              I used this with bovada. It helps give you cash faster if you have a win and want to get that money on something coming up before the previous game ends.
                              Bovada has leverage plays like Heritage?
                              Comment
                              • PaperTrail07
                                SBR Posting Legend
                                • 08-29-08
                                • 20423

                                #16
                                they do...
                                Originally posted by pimike
                                Bovada has leverage plays like Heritage?
                                Comment
                                • Tyler S
                                  Restricted User
                                  • 10-24-19
                                  • 46

                                  #17
                                  Nice!
                                  Comment
                                  • newton0038
                                    SBR MVP
                                    • 03-07-07
                                    • 2389

                                    #18
                                    This not what B365 been ripin off scared bettors for years?


                                    EDIT: mis read offering.
                                    Comment
                                    • KVB
                                      SBR Aristocracy
                                      • 05-29-14
                                      • 74817

                                      #19
                                      Originally posted by Optional
                                      Whilst I agree the margin offered is key to whether the feature is good or not, there is massive variance across books I use in terms of what they offer, the real reason people love this feature so much is so they can bail out when they do not have money sitting in a book where they are able to bet the other side live.

                                      Or where there is no live market at all.
                                      This offer applies pre game start only but the point is taken. This, leverage, and call in hedge bets all allow the bettor to make a move and basically generate funds when there are none left.

                                      You don’t need to be a “VIP Big-Time Losing Client” to get one of these “loans” so hats off to Heritage.

                                      Comment
                                      • Barrakuda
                                        SBR Wise Guy
                                        • 02-28-18
                                        • 786

                                        #20
                                        Originally posted by KVB
                                        This offer applies pre game start only but the point is taken. This, leverage, and call in hedge bets all allow the bettor to make a move and basically generate funds when there are none left.

                                        You don’t need to be a “VIP Big-Time Losing Client” to get one of these “loans” so hats off to Heritage.

                                        I think they assume anyone who needs leverage is by definition a "VIP Big-Time Losing Client." That said, I am in favor of offering options.
                                        Comment
                                        • hehfest
                                          SBR Hall of Famer
                                          • 09-28-08
                                          • 7934

                                          #21
                                          It would be more simple than trying to hedge and deal with that. So if you have a big dog ml and they have a lead early I would think you could still get a nice little win out of it.
                                          Comment
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