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 30th April 2021 and 23:59 on Sunday 2nd May 2021 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 Man Utd v Liverpool (Sunday 16:30), we could place our free bet on 1-1 in the Correct Score market…
Place £1.00 free bet on 1-1 @ 6.50 = Potential profit of £5.50
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Ladbrokes | Profit/Loss |
|---|---|---|
| 1-1 draw | + £5.50 | £5.50 profit |
| Any other score | – Free Bet | £0.00 |
So, if the match is drawn 1-1, 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.
* Man Utd v Liverpool was postponed, resulting in break even on this Ladbrokes offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.