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Ladbrokes Cash Out - How to use the Cash Out feature at Ladbrokes Australia

Bets.com.au Staff

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Last updated: 08 Jan 2025

Bets.com.au Staff 08 Jan 2025

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Full guide on the Cash Out feature at Ladbrokes Australia
How to use Cash Out to help minimise risk & secure profit
Benefits of the Cash Out feature & how to properly utilise

The Cash Out feature is hugely popular with punters and Ladbrokes Australia give their customers the ability to have more control over their bets.

How often have you been riding a big multi only for it to fail at the final leg? You've done all the research, using the Ladbrokes InfoHub and Form Genius to carefully curate the ultimate bet. There's nothing more frustrating. However, with the Cash Out feature, punters have the opportunity to erase those heartbreaking losses and turn them into profit. Whether you're into sports or racing, the Cash Out option can be an extremely useful tool if you know when to pull the trigger.

Read on below as we outline how to use the Cash Out feature at Ladbrokes Australia.

What is Cash Out on Ladbrokes?

'Cash Out' is a betting feature that provides punters with greater control over their wagers. Available only at select bookmakers, including Ladbrokes Australia, the Cash Out feature allows punters to settle their bets before a match or multi concludes, potentially securing profit or minimising losses. Essentially, the Cash Out feature gives punters the option of taking an early payout, guaranteeing some sort of profit, depending on what stage of the match/multi you choose to take it.

Punters can utilise the Cash Out feature on sport singles and multi bets, along with racing fixed odds multis. However, unfortunately you can't Cash Out on Same Game Multis at Ladbrokes.

Your Cash Out payout is determined on the probability of your bet being successful at the current stage.

Example of using Cash Out at Ladbrokes

Say you've placed an eight-leg multi on a bunch of tennis matches. You've staked $10 and your payout is $150. If the first seven legs have landed and your remaining match is at odds of $1.20, then your Cash Out payout might be around $110 because it's got a high probability of landing. However, if your final leg is at odds of $1.90, your Cash Out amount could only be between $40-70 as the final leg has an implied probability of 50-50.

How do you use Cash Out on Ladbrokes Australia?

Launch the Ladbrokes Mobile App or head to their website
If you haven't signed up, new users can use the special Ladbrokes code BLACKBOOK during the registration process
Select the event you want to bet on (single or multi)
Once your bet is underway, navigate to the 'My Bets' section
Choose the bet you wish to Cash Out
Review the current Cash Out offer
If satisfied, confirm the Cash Out

What is Ladbrokes Australia Partial Cash Out?

Partial Cash Out gives punters another option when looking to minimise risk and secure profit with their pending bets.

It's exactly what it sounds like - Partial Cash Out allows Ladbrokes Australia customers to cash out part of their bet. This means you can secure some profit and at the same time, leave a portion of the bet running as originally intended, giving punters even more flexibility and control over their wagers.

Cash Out Benefits at Ladbrokes Australia

Minimising Losses: Cashing out allows punters to cut their losses before an event concludes. If your bet isn't going as anticipated, you can settle for a smaller loss and earn back part of your original stake, rather than losing it all.
Securing Profits: When a bet is winning, the Cash Out feature provides punters with the chance to lock in profits before the match or event ends. For example, you might be second-guessing your last leg in a big multi - Cashing Out gives you the opportunity to reel in guaranteed profit in the chance that your bet is ultimately unsuccessful.
Control & Flexibility: One of the biggest advantages of Cash Out is that it puts the punter in charge of their own destiny. If you suddenly get cold feet over a bet, or you feel like you shouldn't have added that extra leg in a multi, you can Cash Out. On the flip side, if you want to let the bet run as originally planned, you can.
Strategic Advantages: Cash Out can potentially give punters the chance to secure some profit or minimise their losses if something unexpectedly changes the dynamic of their bet. For example, a key player might be ruled out injured moments before the start of a match in your bet, meaning the odds of it winning have drastically changed. Instead of waiting on the inevitable loss, the Cash Out option might allow you to redeem part of your stake or secure a smaller profit.

Ladbrokes Australia Cash Out Review

The Cash Out feature at Ladbrokes is extremely popular amongst Aussie punters. Cashing out gives punters increased flexibility and control over their bets, offering peace of mind by ensuring a positive outcome regardless of the final result.

However, there are some disadvantages of the feature being present - you might second-guess the original bet you placed and ultimately deny yourself maximum profit by cashing out. Ultimately, the Cash Out feature allows punters to take control of their own destiny, meaning strategy and knowing when to hold or fold a bet becomes increasingly important.