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£1 Free Bet Offer – Ladbrokes

It’s another big week of top football action 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 £5.50 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 Tuesday 27th October 2020 and 23:59 on Thursday 29th October 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 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 Dundalk (20:00 kick-off on Thursday 29th October 2020), we could place our free bet on 31-40 in the Time Of 1st Arsenal Goal market…

Ladbrokes logo

Place £1.00 free bet on 31-40 mins @ 6.50 = Potential profit of £5.50

Outcomes:

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

Outcome Bookie Profit/Loss
Arsenal’s 1st goal between 31-40 mins + £5.50 £5.50 profit
Arsenal’s 1st goal not between 31-40 mins – Free bet £0.00

So, if Arsenal’s first goal is scored between 31 and 40 minutes, we’ll make a nice profit of £5.50 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Arsenal scored their first goal against Dundalk in the 42nd minute, resulting in break even on this Ladbrokes offer. *

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Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.