A no cash-out refinance is when a person refinances their home for less than or the same amount they still owe on their current mortgage's principal, plus the closing costs on the new mortgage. Unlike cash-out refinances, these do not offer a cash benefit.

Cashing out can be tempting because it lets you lock in a profit or mitigate your losses. Unfortunately cashing out your bet also has a negative ROI over the long run. Sportsbooks understand their customers can get trigger happy, so they make sure those early cash outs are much lower than they should be.

A rollover is a multiple of a deposit that you must bet in order to cash out any winnings from that sportsbook. If you deposit $200 with a 10x rollover bonus, you need to make $2,000 worth of bets to ever see that money. It sounds harmless since you likely deposited at that sportsbook to bet, not win once and run.

Yes you can make money laying horses on Betfair but it is not as easy as you think many punters wander into this with the understanding you have typically N-1 runners in horse race on your side where N is the number of horses in the race and 1 is the horse you have layed to lose the race.