£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 £6.50 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 Saturday 26th December 2020 and 23:59 on Monday 28th 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 Everton v Man City (20:00 kick-off on Monday 28th December 2020), 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…

Place £1.00 free bet on ‘A goal in both halves and The match to be a draw’ @ 7.50 = Potential profit of £6.50

Outcomes:

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

OutcomeLadbrokesProfit/Loss
Bet wins+ £6.50£6.50 profit
Bet loses– Free Bet£0.00

So, if there’s a goal in both halves and the match is a draw, we’ll make a nice profit of £6.50 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Everton v Man City was postponed, 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 £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.