£1 Free Bet Offer – Ladbrokes

There’s a big weekend of sporting action to look forward to and Ladbrokes are getting in on the action! They’re giving all customers a £1.00 free bet to use on any sport! Translated into matched betting terms, this gives us a risk-free potential profit of £7.00 and here’s how…

Key Terms:

  • This offer is available online and via mobile.
  • We must log in between 18:00 on Friday 14th February 2020 and 23:59 on Sunday 16th February 2020 to claim the free bet.
  • Free bet will be available to use on any sports market for 7 days.

Free Bet:

With the free bet being so small, I suspect many will be happy to just punt this for a risk-free shot at a decent return.

It’s entirely up to you what you place your free bet on. Having looked at the odds available for Arsenal v Newcastle (16:30 on Sunday), we could place our free bet on A goal in both halves and The match to be a draw in the #GetAPrice – Both teams market…

Ladbrokes logo

Place £1.00 free bet on A goal in both halves and The match to be a draw @ 8.00 = Potential profit of £7.00

Outcomes:

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

Outcome Bookie Profit/Loss
Selection wins +£7.00 £7.00 profit
Selection loses -£1.00 free bet £0.00

So, if a goal is scored in both halves and the match is drawn, we’ll make a nice profit of £7.00 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Arsenal scored four 2nd half goals to beat Newcastle 4-0, resulting in break even on this Ladbrokes offer. *

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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.