Ladbrokes Punter Cashes out £10 Bet for £19,620 – but what would you have done?
Everybody dreams of landing a pre-season mega-accumulator predicting the winner of each division, but not many get close, and now one Ladbrokes punter has taken a huge cashout offer – but what should be have done?
The William Hill cashout offer had risen to £19,620 this week and that was enough for the punter to hit the cashout button – a remarkable return from a £10 bet at the start of the season.
The kicker here is, if the bet was left until the end of the season and won, the return would have over £50,000. Right decision?
What was the bet?
The bet was for the following four teams to win their respective division at the start of the season:
Manchester City (8/11)
Norwich City (25/1)
Luton Town (12/1)
Lincoln City (15/2)
At the time of writing, Norwich are 1/12 to win the Championship, Luton 1/8 to win League One and Lincoln are 1/200 to win League Two.
It looks as though the bet will all come down to whether Manchester City can take advantage of their game in hand and win the Premier League ahead of Liverpool.
Would you risk £19,000 now to win £50,000 on Man City winning the league? It is certainly a tough decision but you have to think that City are in a strong position still, although they do have to go to Old Trafford in their run-in, and play Spurs at home.
Alex Apati of Ladbrokes said: “Our Norwich based winner has watched three of his four selections breeze their divisions in recent weeks, but Liverpool’s resilience at the top of the table has forced an early-cash out to the cool sound of £19k.”
Would you have cashed out?
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