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Ladbrokes may be forced to pay out on hundreds of ‘cancelled bets’

• Independent body investigating three near-identical disputes
• Decision in favour of punters could bring torrent of claims

Ladbrokes could be forced to pay out on hundreds of bets which were turned down by its trading team if the Independent Betting Arbitration Service (Ibas) finds against the firm in three near-identical disputes over bets which are currently being considered by its adjudicators.

The three cases concern requests to place online bets which were referred to Ladbrokes’ traders for approval. An increasing number of punters on racing and other sports are familiar with this practice, and such bets are often either declined or re-offered, either at reduced odds or at a reduced stake that can be as little as 10 pence.

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