Ladbrokes Cash Out Explained – Lower Your Risks in the Right Moment

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Ladbrokes were one of the first bookmakers to offer a Cash Out option to its customers. Ladbrokes cash out offers peace of mind for when you think your bet is not going well that lets the punter minimise their gambling loss on that event, or guarantee a profit if it is available. It is offered on a wide range of sports and the full list can be found in the Ladbrokes terms and conditions on their website.

Cash Out Features of Ladbrokes

The great thing about Ladbrokes Cash Out is that it is an option that can be selected before the event is even finished. If it is selected then a price is calculated by a formula that uses the price when the bet was made and the price when the cash out was made. This option can be used on the website or on the mobile site (both on iOS and Android devices) so no one is left out no matter how they access the sportsbook.

It is not available for every single bet so check the section labelled ‘My Bets’ to see if it is an option for you. If the button has been greyed out then it is not available and there will be information there explaining exactly why this is so. Some reasons why it may not be available are that the specific market is ineligible, a free bet was used to make the wager, the value of the cash out is £0, or if a promotion or free bet was triggered by the bet in question. Ladbrokes cash out is a great feature that they offer to their customers and it should be treated as generous extra and not relied upon as it may not be offered on certain bets. As this is the case, you should also make bets assuming that it is not available so that you will always place smart wagers.