£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 £7.50 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 21st May 2021 and 23:59 on Sunday 23rd 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 Leicester v Tottenham (Sunday 16:00), we could place our free bet on Leicester 2-1 in the Correct Score market…

Ladbrokes logo

Place £1.00 free bet on Leicester 2-1 @ 8.50 = Potential profit of £7.50

Outcomes

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

OutcomeLadbrokesProfit/Loss
Leicester win 2-1+ £7.50£7.50 profit
Any other score– Free Bet£0.00

So, if Leicester win the match 2-1, we’ll make a nice profit of £7.50 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.

* Tottenham beat Leicester 4-2, resulting in break even on this Ladbrokes offer. *

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

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.