What is the meaning of early payouts?

How can early payouts be defined?

Early Payout offers and features are becoming increasingly common on modern betting sites. In fact, there are many different types of early payout offers available, across a wide range of sports.

In this post, we will examine all the key aspects about early payout bonuses. What they are, how they work, how they are triggered and also what benefits they offer to customers.

Then finally, we’ll earmark which bookmakers from our list at SportyTrader have at least one form of early payout offer available for customers. So let us begin by answering the key question of this post: What is an early payout?

What does an Early Payout mean in bookmaking?

An early payout is when a bookmaker pays out on a market before the final result of a sporting contest is known. Often, this will be because a certain criteria has been met within the game in question, although sometimes, it can be an arbitrary decision by a bookmaker that sees an early payout awarded.

We will explain the latter of these first because they are by far the rarer of the two options.

Arbitrary early payouts by bookmakers

We’re dealing with this first because it is by far the rarest of the two types of early payouts you can get at bookmakers.

With this early payout, what happens is you will find a bookmaker decides to pay out on a market because they believe the result is already a foregone conclusion. Although sometimes this can be an unwise move for the bookmaker!

The most famous of these early payouts came when British bookie Fred Done (now Betfred) paid out early on Manchester United winning the league title in the 1997-1998 after United took a comfortable lead in the Premier League title race. In doing so he became the first bookie to pay out on a market early.

The decision backfired as Arsenal eventually caught United and won the title, meaning Fred Done had to pay out on both Man Utd and Arsenal winning bets.

However, the attention paying out customers early received meant that it was a wise move in terms of publicity and most Early Payout offers can be traced back to this decision back in 1998. That said, most of the Early Payout offers of today can be triggered more easily.

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Early payout offers and promotions

Modern early payout offers and promotions tend to be criteria-based. By that we mean that an early payout can be triggered if certain criteria are met within a game. For example, if a team goes up by 17 points or more at any point in an American Football game, or if a team leads by two goals or more at any point in a soccer match.

These bonuses are automatically applied to qualifying bets. Meaning you will never miss out on receiving an early payout if a bet you make qualifies for the bonus.

It is worth noting that in the case of a selection being part of a multiple selection bet, such as an accumulator, then in this case a payout is not certain (unless this is the final selection of a winning accumulator). In these cases, rather than a payout, the bet will be marked as a winner.

The key thing to note is that when the criteria for a game is met, such as your team goes two goals in front in a football game, your bet is a winner, regardless of the actual end result of the match.

So for example, if you backed Manchester City to beat Liverpool and City went 2-0 up in the game, your bet would be an Early Payout winner. Even if Liverpool struck back to draw the game or landed the win.

What are the benefits to the punter with Early Payouts?

There are two major benefits to punters when it comes to Early Payout offers. In effect you have two ways to win the same bet.

Either meet the criteria for an early payout to guarantee a win, or have the result go the way you said in your bet. You cover both these options without the need of a second stake.
Early Payout offers insurance against your team going in front in their game but the end result seeing them draw or lose the match.

What makes the early payout offers so beneficial is that bookmakers will apply the offer to any qualifying bets automatically. So customers don’t need to activate the offer when placing their bet as it will automatically qualify if it meets the criteria for the early payout offer.

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Which bookmakers offer Early Payouts to their customers?

Outlined below are the bookmakers who have at least one form of early payout offer. Where one or more offers are available, we have given a brief description of the early payout options available with each bookmaker.

Bet365 Sport

Bet365 has a number of early payout offers running across a number of sports. They are:

2-Goal Early Payout Offer - Soccer
17-Point NFL Early Payout Offer
15-Point Rugby Union Early Payout Offer
20-Point NBA Early Payout Offer
18-Points Basketball Early Payout Offer
3-Goal Ice Hockey Early Payout Offer

One thing to note with these offers from bet365 Sport is that for each offer, if the selection that qualifies for the Early Payout offer for the relevant sport is part of a multiple selection bet, such as an accumulator or a Patent or similar, then this will ensure that this selection is a winner for that bet, even if the final result sees your selection lose or draw the game.

Stake.com

Similarly, Stake.com offers a number of early payout promotions.

Champions League Early Payout
NBA 3rd Quarter Early Payout
NFL 3rd Quarter Early Payout
Premier League - 3 Goal Payout
Juventude - 2 Goal Payout
NHL 2+ Lead Early Payout
Enyimba - Early Goal Payout

William Hill

Famous British bookmaker William Hill offers one Early Payout offer on soccer betting.

2 Up Soccer Early Payout Offer

So much interesting offers for you to try! Of course this is a non-exhaustive list, here at Sportytrader we got many bookmakers, you can find which betting sites might suit you better !

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