£5.00
Potential Profit
£0.00
Actual Profit

£1 Free Bet Offer – Ladbrokes


Posted by Matt (administrator) Matt
Start Time: 24/07/2020 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 £5.00 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 24th July 2020 and 23:59 on Sunday 26th 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 Leicester v Man Utd (16:00 kick-off on Sunday 26th July 2020), we could place our free bet on 1-1 in the Correct score market…

Ladbrokes logo

Place £1.00 free bet on 1-1 @ 6.00 = Potential profit of £5.00

Outcomes:

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

OutcomeBookieProfit/Loss
1-1 Draw+£5.00£5.00 profit
Not a 1-1 draw-£1.00 free bet£0.00

So, if the match is drawn 1-1, we’ll make a nice profit of £5.00 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Man Utd beat Leicester 2-0, resulting in break even on this Ladbrokes offer. *

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