MB - Ladbrookes - What does this message mean?

[BettyRed]

I've placed a £22 bet on Ladbrookes but it shows this message "Cash Out £19.80" ... does this mean the bet hasn't yet been matched/accepted?

Thanks in advance

 

[askgar]

I've placed a £22 bet on Ladbrookes but it shows this message "Cash Out £19.80" ... does this mean the bet hasn't yet been matched/accepted?

Thanks in advance

That means that the bet has been placed, and they will offer to pay you out £19.80 immediately. If you're matched betting you should never do this!

 

[BettyRed]

Thanks [member=928]askgar[/member] ... tbh I didn't know I was doing it. I thought I was just placing a bet. ??? Doh!

Do I just sit it out or have I already lost?

The returns (if the bet wins) are £34.57 but this only mean if this message disappears?

 

[Jon]

We don't "cash out" when doing matched betting

We just lets the events and offers play out

 

[BettyRed]

Thanks [member=1]Jon[/member] ... I thought the bet hadn't been accepted cos it was showing the option to "cash out".

Sorry for the newbie questions ... so much to learn! I know it should all work out fine but I'm having kittens ... roll on 10(ish) tonight when the match should be over.

 

[Jon]

This might help

Forget the fact it's to do with sports and bookies

Matched betting when it comes down to it is just MATH

and the calculator does not lie!!

 

[BettyRed]

I understand what you mean [member=1]Jon[/member] but tell that to my tummy It's just that if I can do MB quicker and smoother than I am atm then it will make life SO MUCH easier ... it'll pay the mortgage each month ;D

It'll be no surprise to you but my free money has already been credited to my account (YAY) but I'll leave that untill the weekend to "invest" it