Incredible Correct Score Double Cash Out for $242K

Once the dust had settled, one Stake.com customer had an extra $242,567.85 in their account balance. However, the back story of this bet is one of ups and downs and a final decision to rightly cash out the ticket.

The ticket was a two-leg multi-bet (parlay). Both selections were correct score picks on soccer matches from the English Premier League. Betting on correct scores is high risk - high reward because of their difficulty to predict; the odds are far higher than what you get from most other markets.

The punter who placed this wager was a high-roller, as the bet amount (stake) was $9,266.73, which is a lot for a speculative ticket that had total odds of 138.00. The estimated payout (without cashing out) was $1,278,808.74.

This mega parlay looked in danger of folding early on as Manchester City took a 36th minute lead through Gvardiol. If they had managed a second, it would have been all over. Although City didn’t grab another, they were managing the game and time was running out. 

Then, Utd’s Amad nipped in on an underhit a back pass to Ederson. Nunes, who made the clanger, tried to amends for his mistake but only managed to bring the United man down. Up stepped Bruno Fernandes, who is lethal from 12 yards, to duly dispatch spot kick. Suddenly, it was 1:1, but 88 minutes were on the clock. 

Surely too late? Clearly not, just two minutes later United attacked again from a delightful long ball by Martinez. Amad Diallo got a toe to the ball before Ederson and kept his composure to fire it home. United had turned the game on its head. It finished 1:2, and the first bet was won.

The Chelsea - Brentford bet was on track. Cucurella gave Chelsea the lead on 43 minutes, so this was a good position to be in at half-time. Nicolas Jackson scored the Blues second goal in the 80th minute. 

However, Chelsea’s record of only keeping one clean sheet in their previous seven games would continue, as in-form Bees striker Brian Mbeumo netted in the 90th minute. This goal would have ruined the ticket had the punter chosen to not cash out.

It’s unclear when the bet was cashed out. United beat City in the early match, so that result was in the bag. My estimation is that the cash out valuation of 26.18 was offered around half-time with Chelsea leading by one goal. 

I feel the payout would have been higher after the second goal, considering there was less than 10 minutes remaining. Regardless, it was still a remarkable decision.

It was the betting exchange Betfair that first introduced the cash out betting tool to the world. Since then, there has been much debate as to whether it’s good for bettors to cash out or should they simply live and die by the sword and let their bets ride.

The fact is that this tool was developed by the betting company, so it is biased to favor them. Firstly, the sportsbook’s traders have crunched the numbers and probabilities. In the long run, it benefits them when bets are cashed out, highlighting the fact that a large percentage would have been winners. Also, the cash out amount offered is usually a long way off of the full payout. 

I tend not to cash out myself, but I can also recall a plethora of multi-bet wagers where I’ve been offered a small profit only to let the bet ride, and it loses. So, perhaps there is no right or wrong answer.

At Stake, there are two types of multi-bets:

Furthermore, customers can now combine SGMs to create mega multi-bets with potentially life-changing payouts.

If you’re new to betting, get signed up with our Stake.com promo code HUGE. This will give you a 200% bonus on your first deposit (after verification). As a newcomer, keep your multi-bets simple with three or four selections. The chances of these tickets winning tend to be greater than a 10-leg multi.