Bet365 Offers 3 New Bet Types for their New Jersey Fans

Bet365 online sportsbook fans and customers in the Garden State of New Jersey now have a great new set of bet types as tools to enjoy in assisting them in protecting their wins, bottom lines and keeping their bankrolls alive longer.

Bet365 NJ has transitioned three of the favorite bet feature functions from their U.K. and Australian sportsbooks into the New Jersey marketplace; auto cash out, edit be and a partial cash out function.

The world’s largest global sportsbook brand Bet365 made its U.S. debut in August 2019 when it chose to make its way firstly into the New Jersey sports betting market. The U.K-based sportsbook is partnered with Hard Rock Atlantic City in the Garden State for its licensing and regulatory purposes here.

While Bet365 may not be as well-known in New Jersey as the likes of 888Sport, FanDuel, SugarHouse and BetMGM, its strong sportsbook site and quality sports wagering app is pure class and the brand is growing in popularity as a result. Bet365 offers in-play betting on a great range of sports, and features a wide range of sportsbook promotions and offers, and provides for its sports bettors to live stream selected sports at no extra charge.

These three new tools/bet functions are a nice way to add to the existing FanDuel Cash Out function and a similar cash out program offered by Borgata Online Sportsbook for New Jersey’s sports betting fans.

Explaining Bet365’s Auto Cash Out

Auto Cash Out is a unique feature to Bet365 and allows you to request to automatically cash out your wager where the Cash Out amount offered reaches a chosen value that you can choose to pre-set.

By way of example, you might place a $5 wager on a 5-leg or more multi-sport parlay bet to win $250 and set your Auto Cash Out to $200.

If the first 3 or 4 legs of your 5+ leg parlay wager have already and the cash out value for your bet has already reached $200, you will automatically win $200 without taking any further risks that any further legs of your parlay wager may lose.

As you can see, the Bet365 Auto Cash Out function is perfect for decreasing losing risk on parlay wagers, but can also be used to win more and minimize losses across a range of bet types like moneyline wagers, props and totals over/under betting.

Explaining Bet365’s Partial Cash Out

Bet365 NJ’s Partial Cash Out allows you to receive a part of your winnings early, while also permitting you to leave part of your risk on in an effort to still partially win your sports wager.

For example, if you place a wager of $100 and you wish to partially cash out $30 of your wager, with the unique Bet365 Partial Cash Out feature, you can cash out the $30 to pocket as your own win, while leaving another $70 to play out on your original bet.

Theoretically, you can partially cash out your remaining risk more than once, which is great like for longer duration sports events like Tennis’ 2-week long Wimbledon or US Open events or a PGA Golf Major like the U.S. Masters or the British Open.

Looking at the precise terms, you can perform a Partial Cash Out up to 10 times for straight bets and up to 5 times for parlays.

Explaining Bet365’s Edit Bet Option

The Edit Bet feature provides you with the possibility to add, swap or remove selections and decrease/increase the risk on unsettled bets for both pre-game and In-Play wagers. For example, you could possibly switch your unsettled 5-leg parlay into 5 2-leg parlays and spread the risk over all wagers.

Edit Bet is offered when Cash Out is available, where the outcome of your wager has not yet been determined. Even if some results (but not all) in your parlays are known, you can still take advantage of the Edit Bet feature.

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