It’s a big festive period of sports action, and you don’t want to miss this Ladbrokes free bet offer! They’re giving selected customers a £1.00 free bet on any sport! Translated into matched betting terms, this gives you a potential profit of £6.50 and here’s how…
Key terms
- The promotion is available to invited customers only.
- You must log in between 09:00 on Monday 26th December 2022, and 23:59 on Wednesday 28th December 2022, to claim the free bet.
- Your £1.00 free bet will be valid on any sport for 7 days.
- The free bet stake will not be returned with any winnings.
Free bet
With the small free bet, I suspect many will be happy to punt this for a risk-free shot at a decent return.
It’s entirely up to you what you place your free bet on.
Looking at the odds available for Leeds v Man City (Wed 20:00), you could place your free bet on ‘Man City 2-0‘ in the ‘Correct Score‘ market at back odds of 7.50 (13/2).
Place your £1.00 free bet on ‘Man City 2-0’ @ 7.50 = Potential profit of £6.50
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | Ladbrokes | Profit/Loss |
|---|---|---|
| Bet wins | + £6.50 | £6.50 profit |
| Bet loses | – Free bet | £0.00 |
So, if Man City win the match 2-0, you’ll make a £6.50 profit on this Ladbrokes offer! In any other outcome, you’ve lost your free bet, and there’s no harm done.
* Man City won the match 3-1, 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.