£6.50
Potential Profit
£0.00
Actual Profit

£1 Free Bet Offer – Ladbrokes


Posted by Matt (administrator) Matt
Start Time: 24/08/2019 00:00

There’s a big Saturday of sporting action to look forward to 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 £6.50 and here’s how…

Banner showing the £1 free bet offer from Ladbrokes

Key Terms:

  • This offer is available via the Ladbrokes mobile app.
  • We must log in between 18:00 on Friday 23rd August 2019 and 23:59 on Saturday 24th August 2019.
  • Free bet will be available to use on any sports market until 23:59 on Saturday 24th August 2019.

Free Bet:

With the free bet being so 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 Liverpool v Arsenal, 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…

Ladbrokes logo

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…

OutcomeBookieProfit/Loss
Selection wins+£6.50£6.50 profit
Selection doesn't win-£1.00 free bet£0.00

So, if there is a goal in both halves and the match is drawn, 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.

* Liverpool scored the only goal of the first half and went on to win the match 3-1, resulting in break even on this Ladbrokes offer. *

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