Advance deposit wagering (ADW) provider AmWest Entertainment has become the first US-licensed operator to offer cashout functionality for customers, launching the feature through a new partnership with Colossus Bets.
The partnership with the pool betting solutions provider will allow AmWager to offer pools on British and Irish racing to its customers.
Cashout will be made available on these pools, with players sent offers after each stage of their multi-leg pools. This will allow them to sell all or a portion of their live ticket to guarantee a payout.
“Our partnership with Colossus will give our players access to the most modernized pools and features available,” AmWager chief executive Nelson Clemmens said.
“I am especially pleased that AmWager will be the first ADW to enable players to take control of their multi-leg betting via the Cash Out feature on Colossus-hosted pools,” he added.
Colossus Bets chief executive Bernard Marantelli said he was excited to welcome the supplier’s latest partner to its network.
“US horseplayers will now be able to experience the benefits of the Colossus innovations that have been so popular in other markets.”