If your bank account is enabled to accept fast payments, you should receive your funds from Sportsbet within a few hours of submitting the withdrawal.

Cash Out is a two-step confirmation process. This is to prevent a bet from being mistakenly cashed out, and also ensures that you agree to and confirm the listed Cash Out value. Once a bet has been cashed out, this cannot be reversed.

So, how is a 'scalp' trade actually executed? In order to successfully complete your first scalp, all you need to do is place two opposing bets against each other. Usually one or two tick increments apart. Once they're both fully matched we can use our betting software to lock in a profit, otherwise known as 'hedging'.

Betfair's scalping strategy is based on opening multiple positions and closing them with a small profit. In a scalping strategy, the trader tries to catch small price movements and make money from them. You are supposed to place two bets in quick succession and then make profits from the gap between these trades.