After placing your bet and the game begins, your bet is officially live. Once the game is underway, you'll have the option to cash out if your sportsbook offers it. This option will appear on the screen on your mobile device or computer if it's available.
Cash Out is a feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds change in or against your favor.