Can you cash out at Ladbrokes?

Last updated & tested: 2019-07-28


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If you ever have a bet that you want to cash out, Ladbrokes give you an easy way to do so. This gives you a great chance to get out of your bet whilst the going’s good, and we are going to show you how the Ladbrokes cash out early facility is a valuable tool in the arsenal of any serious sports betting fan.

Whilst many popular bookmakers allow you to cash out, Ladbrokes have put plenty of effort into giving you one of the most stress-free ways to walk away from your bets whilst still being able to make a decent profit. Although the classic UK bookie has been in business for well over 100 years, they have clearly kept up with all of the latest betting innovations, and so let’s take a look at what it means to cash out on Ladbrokes.

What does cashing out a bet actually mean?

Simply put, cashing out a bet means that you settle your sports bet before the actual sporting event has been concluded. For example, if you had a bet on Tottenham to beat Arsenal and Spurs were 1-0 ahead with just a few minutes left to go, you could cash out your bet whilst the going’s good, and not have to worry about whether or not the Gunners could salvage a point with a last minute goal.

The key thing to remember is that by cashing out your football bet, you will have to make do with a marginally lower cash out price. This means that you won’t get the full betting profit that you would have enjoyed had the bet been settled as normal. Each bookmaker will have different methods for calculating their cash out prices, but as a rule, it’s based on a formula that takes in when you placed your bet, and what the price was at the time of you cashing out.

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All about the Ladbrokes cash out option

If you want to see an easy example of how to cash out, Ladbrokes offer you a great way to try this innovative sports betting technique. The famous UK bookmaker allow you to use the Ladbrokes cash out feature to secure your betting profits or avoid potentially devastating losses.

You can use the Ladbrokes cash out option on a large range of their sports betting markets. From Premier League football, to UK horse racing and tennis matches, it’s reassuring to find that this bookie give you plenty of flexibility. Just be sure to check that your betting slip has a Cash Out icon, and then you can click on this and walk away with a decent profit even if your luck appears to be slipping away.

How do I cash out on Ladbrokes’ website?

Ladbrokes make it easy to cash out whether you are wagering via a desktop or laptop computer. You can simply visit their betting website as normal, and then click on your preferred sports betting odds to have them added to the betting slip on the right of the brand’s home page.

If your bet qualifies for the cash out option, then you will be able to see the green Cash Out button in the My Bets section of your betting slip. All it takes to cash out your bets, is to click on the Cash Out button and then you will see a confirmation message.

There will also be information provided that lets you know whether your cash out price has increased or decreased in the time taken between clicking the cash out button and confirming your cashing out decision.

Can you cash out on Ladbrokes’ app?

Ladbrokes have created a great mobile betting app for Android and iOS devices, and this comes equipped with a cash out feature so that you can enjoy this innovative betting option on a smartphone or tablet.

If you have a mobile bet that you want to cash out, Ladbrokes betting app works in a similar way to its website counterpart. So you will just have to go to your betting slip, and then navigate to the My Accas, Bet History and My Bets section. From here you will see the Cash Out button, and if it is displayed in a green colour, then it means that you are free to cash out your sports bets.

Why might you not be able to cash out Ladbrokes bets?

We should mention the fact that you might not be able to cash out all of your sports bets at Ladbrokes. The bookie state that you should never place a bet with the assumption that you will always be able to cash it out later on.

Regardless of whether you are using the Ladbrokes website or their betting app, if the cash out button is greyed out, it means that you cannot currently cash out your sports bet. If you want to know the reason why, then you should be able to see a small ‘i’ icon that will quickly explain why the cash out facility has been suspended.

Here are some of the key reasons as to why you may not be able to use the Ladbrokes cash out option.

The betting market isn’t applicable to cashing out

Some betting markets simply aren’t eligible for cashing out, and similarly bookies like Ladbrokes will close off the cashing out options when it’s too late in the day to try and salvage something from a particularly bad bet. It’s also worth mentioning that acca bets with more than 14 selections can’t be cashed out at Ladbrokes.

You have used an extra bet token to wager with

If you have received some extra bets as part of a Ladbrokes bonus deal or any other promotion, then the chances are that you won’t be able to cash them out. This also applies for any bets that you would use to try and activate a particular sports betting promotion on the Ladbrokes site.

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