Social betting company, Bodugi.com today announced that it is to become the first UK bookmaker to give players the chance to cash-out their multi-leg bets early not just on football accumulators, but any sports bet struck on the site with two selections or more.
The concept of the Bodugi Buyback is simple. Where a multi-leg bet has been struck, if the first selections win, players will be offered the chance to lock in a profit by cashing out their bet before the final events in their ticket have been completed.
Players will be given the chance to opt for the Bodugi Buyback when they place a bet on any of the sports available onsite, including football, horseracing, greyhound racing, tennis, golf, F1, cricket and rugby. As well as doubles, trebles and accumulators, players will be able to cash out early on other bet types including patents, yankees, lucky 15s, lucky 31s and lucky 63s.
Bodugi co-founder and operations director Michael Wilson said “We are delighted to be launching the Bodugi Buyback in time for the start of the Premier League. We also wanted to make this feature available to all of our players, so we’ve rolled it out across all of the sports we offer markets on, not just football. I firmly believe that the ability to cash-out bets early will become industry standard within the next year, and I’m pleased that Bodugi is leading this innovation alongside some of the biggest players in the sports betting industry.”
Bodugi.com was founded by Dave Nevison and Michael Wilson in 2010. The company won a Betview award in 2012 and was praised as “Newcomer of the year”. Bodugi has offices in London and Manila, and also develops sportsbook and sports betting software for a number of international betting partners.
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