It’s a big weekend 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 £5.50 and here’s how…
Key terms
- The promotion is available to invited customers only.
- To claim the free bet, log in between 09:00 on Friday 10th March 2023, and 23:59 on Sunday 12th March 2023.
- 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 Newcastle v Wolves (Sun 16:30), you could place your free bet on ‘Over 3.5 goals in the match, Newcastle to win and Both teams to score‘ in the ‘#GetAPrice – Newcastle‘ market at back odds of 6.50 (11/2).
Place your £1.00 free bet on ‘Over 3.5 goals in the match, Newcastle to win and Both teams to score’ @ 6.50 = Potential profit of £5.50
Outcomes
Let’s look at your profit/loss for the possible outcomes.
| Outcome | Ladbrokes | Profit/Loss |
|---|---|---|
| Bet wins | + £5.50 | £5.50 profit |
| Bet loses | – Free bet | £0.00 |
So, if Newcastle, both teams score and there are over 3.5 goals in the match, you’ll make a £5.50 profit on this Ladbrokes offer! You’ve lost your free bet in any other outcome, and there’s no harm done.
* Newcastle won the match 2-1, resulting in break-even on this Ladbrokes offer. *
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Matt Kirman – Matched 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.