Crypto sportsbooks

Is cashing out a live crypto bet the same as withdrawing to my wallet?

Direct answer

No. Cash-out is an agreement to settle a wager early if accepted. Withdrawal moves an eligible account balance out of the service and follows separate asset, verification and fee rules.

What to check

Check for two records, the cash-out acceptance and the withdrawal request. Only a completed on-chain withdrawal should have a relevant chain transaction to inspect.

Sources and examples