Manchester United host Leicester City on Sunday afternoon and you don’t want to miss this Ladbrokes offer! Simply place an in play bet of £20.00 or more on Manchester United v Leicester City and Ladbrokes will give us a £10.00 free bet to use in play on Southampton v Manchester City. Translated into matched betting terms, this gives us a guaranteed profit of £6.00 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on, as long as you place it at the minimum odds of 1.50 (1/2) or greater. I recommend placing our qualifying bets at half-time when the odds are fairly stable, as it reduces the risk of the odds fluctuating unfavourably whilst we are trying to get our lay bets on.
I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.
We can calculate our lay stakes using the matched betting calculator.
Free Bet:
Our £10.00 free bet will be credited at the end of the Manchester United v Leicester City match and must be used in play on Southampton v Manchester City.
Again, we should place our free in play bet at half-time, to reduce the risk of the odds fluctuating unfavourably whilst we are trying to get our lay bets on.
By using straightforward matched betting, we should be able to extract at least 75% of the £10.00 free bet as cash, so around £7.50. If we take into consideration our qualifying loss of £1.50, we should make a guaranteed profit of £6.00 on this Ladbrokes offer!
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.