Does Ladbrokes Pay First Past The Post?
Short Answer
Yes, punters who place a bet on Ladbrokes will indeed get winnings paid out based on first past the post (FPTP). This has more or less become standard among bookmakers, especially the top horse racing ones in the UK.
However, there are some key terms that punters should know about regarding Ladbrokes and first-past-the-post payouts. For example, ante-post markets are not eligible for this, so read on for the full details.
What First Past the Post Means
Ladbrokes punters who bet on horse racing on one of the top UK betting sites can expect to be paid on a double result basis. This essentially means that there are two different ways you could be paid out your winnings, with these two being: First past the post (whichever horse crosses the finish line in first place) and official result (the outcome of the race after any objections or steward's enquiry).
This is a huge benefit to horse racing punters, for obvious reasons, but the double result concession is not always offered to punters by Ladbrokes. In fact, it only applies to bets such as each-way singles, win-only and multiples. Furthermore, it is only offered for races that take place in the UK and Ireland, meaning international meetings are a no-go.
When FPTP Is Not Offered by Ladbrokes
Horse racing punters who sign up at Ladbrokes, or perhaps already have an account, will want to know when FPTP is not offered by Ladbrokes. Therefore, we have put together a list of exactly that below:
Ante-post, forecast, tricast and tote bets
Bets on the Grand National at the Aintree course
Horses that take the wrong course in a race
An error that has been made by a judge
Horses that were deemed to have carried the wrong weight
Winning horses whose jockeys fail to weigh in
Races later declared void
Special match bets or races with just two runners
Although this might appear to be quite an extensive list of exceptions, Ladbrokes does still pay out first past the post for the majority of bets made on its UK site by fans of the sport of kings.
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