'The worst cash out decision in history' - Leicester backer bailed on 5000/1 bet - for 95p!

Leicester City's stunning Premier League title charge is poised to make a string of bold punters rich, but one of their pre-season backers has been left counting the cost after bailing out of his bet.

Bookmaker Ladbrokes have revealed that one of their customers placed 50p at 5000/1 on Leicester to win the league at the start of the season, only to cash out for a miniscule 45p profit after the Foxes beat Sunderland on the opening day of the season.

A Leicester fan cashed out a similar £20 bet last month, landing £72,000 but the unnamed punter – who would have been set to land £2,500 had he stuck with his pre-season bet - was not so lucky.

"This will go down as the worst cash out decision in history," Ladbrokes spokesman Alex Donohue said.

"Plenty of 5000/1 backers took sums midway through the season when it looked in the balance, but we wonder what our man didn't like about the 4-2 win on the opening day of the season.

"We are offering our customer an all-expenses paid day out at a game next season plus another title bet to make amends to soften the blow.

"With judgement this good, any long term title bets should be left to ride."