£8.50
Potential Profit
£8.50
Actual Profit

£1 Free Bet Offer – Ladbrokes


Posted by Matt (administrator) Matt
Start Time: 03/07/2020 08:00

There’s a big weekend of sports 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 £8.50 and here’s how…

Key Terms:

  • This offer is available on Ladbrokes.com and the Ladbrokes Mobile App.
  • We must log in between 08:00 on Friday 3rd July 2020 and 23:59 on Sunday 5th July 2020 to claim the free bet.
  • Our £1.00 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 Southampton v Man City (19:00 on Sunday 5th July 2020), we could place our free bet on Southampton in the Match Betting market…

Ladbrokes logo

Place £1.00 free bet on Southampton @ 9.50 = Potential profit of £8.50

Outcomes:

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

OutcomeBookieProfit/Loss
Selection wins+£8.50£8.50 profit
Selection loses-£1.00 free bet£0.00

So, if Southampton win, we’ll make a nice profit of £8.50 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Southampton beat Man City 1-0, resulting in a profit of £8.50 on this Ladbrokes offer. *

Comments


  1. Aidan

    Guest user

    Great call on Southampton mate… Cheers!

    +0
    Reply
    1. Matt

      304

      No problem Aidan, worked out nicely!

      +0
      Reply

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