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Ladbrokes – £1 Free Bet Offer

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).

Ladbrokes logo

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.

OutcomeLadbrokesProfit/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

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.