Punter cashed out at 45p on 5000/1 Leicester City Premier League title bet
Published 27/04/2016 | 13:21
One punter made the "worst cash out decision in history" after taking a 45p return on a 5000/1 bet on Leicester City winning the Premier League.
The unnamed Ladbrokes customer staked 50p on the Foxes taking the title at the beginning of the season and stood to win £2,500 had they let the bet ride.
But instead they decided to take a 45p return after just the first game of the season which Claudio Ranieri's men won 4-2 against Sunderland.
Some punters who backed the Foxes at similar odds have cashed out for thousands of pounds, with the highest payout being £72,000 settled on a £50 bet in March, Ladbrokes said.
The Foxes are in the driving seat in the Premier League race, with a win in their match against Manchester United away at Old Trafford on Sunday securing the title.
As a consolation, the bookmaker has asked the customer to come forward to offer them a pair of tickets to a game next season plus a free bet on any team to win the 2016/17 title.
Ladbrokes spokesman Alex Donohue said: "This will go down as the worst cash out decision in history.
"Plenty of 5000/1 backers took sums midway through the season when it looked in the balance, but we wonder what our man didn't like about the 4-2 win on the opening day of the season."