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£1 Free Bet Offer – Ladbrokes

It’s another big weekend of sports action and you don’t want to miss this Ladbrokes free bet offer! 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 18:00 on Friday 11th December 2020 and 23:59 on Sunday 13th December 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 Leicester v Brighton (19:15 kick-off on Sunday 13th December 2020), we could place our free bet on Over 3.5 goals in the match, Leicester to win and Both teams to score in the #GetAPrice – Leicester market…

Place £1.00 free bet on ‘Over 3.5 goals in the match, Leicester to win and Both teams to score’ @ 6.50 = Potential profit of £5.50

Outcomes:

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

OutcomeLadbrokesProfit/Loss
Bet wins+ £5.50£5.50 profit
Bet loses– Free Bet£0.00

So, if there are 4+ goals in the match, Leicester win and both teams score, 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.

* Leicester beat Brighton 3-0, 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.