Ladbrokes Free Bet Offer – Uruguay v England

It’s time for another Ladbrokes free bet offer!  Simply place a £25.00 bet on Uruguay v England and if Uruguay win, Ladbrokes will refund all losing first goalsorer, correct score and scorecast bets as a free bet up to £25.00!  Translated into matched betting terms, this gives us a potential profit of £17.73 and here’s how…

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.

Whenever I do these Ladbrokes free bet offers, I always stick to the correct score market. I find the liquidity at the betting exchange is far better than goalscorer markets and I just feel more comfortable here.  We need to select a scoreline that isn’t a Uruguay win.  This ensures that if Uruguay win the match, we will automatically qualify for a free bet refund as our qualifying bet will have lost.  It’s entirely up to you which score you go for.  Having looked at the odds available, I’ve opted for a 2-1 England win.

ladbrokes

 

Place £25.00 on 2-1 England @ 10.00 = Potential profit of £225.00

betfair

 

Lay £23.92 on 2-1 England @ 10.50 = Potential liability of £227.24

Let’s have a look at our potential profit/loss for the three outcomes…

 

2-1 England +£225.00 – £227.24 = £2.24 loss
Not 2-1 England and Uruguay win -£25.00 + £22.73 + £20.00 (extract 80% from our £25.00 free bet) = £17.73 profit
Not 2-1 England and Uruguay don’t win -£25.00 + £22.73 = £2.27 loss

 

So if Uruguay win, we will make a profit of £17.73.  We do, however, stand to lose a maximum of £2.27 if Uruguay don’t win, but I’m sure you’ll agree this is a small risk worth taking as the odds on a Uruguay win are currently around 3.50.

If you’re not sure how to extract 80% of our £25.00 free bet, please see my Free Bet Strategy page for a walkthrough guide.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.