It’s decision time tomorrow as we find out whether the UK will remain in or leave the EU, and Ladbrokes are running a great offer for newbies! New customers can get 3/1 on the UK to remain in or 8/1 on the UK to leave the EU. What’s more, if our £10.00 (max stake) bet doesn’t win, they’ll give us our money back as a free bet! This means the most we can actually lose on this offer is £2.00 and here’s how…
Simply register today, deposit £10.00 and then place your first bet as a single £10.00 bet on either the UK to remain in, or leave the EU.
This offer is available from 08:00 on Wednesday 22nd June 2016 until 14:00 on Thursday 23rd June 2016.
Winning bets will be settled at the standard price and the additional winnings from the enhanced price paid into our account within 24 hours of the match finishing. The extra winnings will be paid in free bet tokens as follows…
| Selection | Normal odds | Enhanced odds | Cash returned | Free bets |
|---|---|---|---|---|
| UK to remain in the EU | 1/4 | 3/1 | £12.50 | £27.50 |
| UK to leave the EU | 3/1 | 8/1 | £40.00 | £50.00 |
By using straightforward matched betting, we can extract approximately 80% cash from any free bet as shown in the following table…
| Selection | Free bets | Extracted | Total cash | Total profit |
|---|---|---|---|---|
| UK to remain in the EU | £27.50 | £22.00 | £34.50 | £24.50 |
| UK to leave the EU | £50.00 | £40.00 | £80.00 | £70.00 |
Place £10.00 on the UK to remain in or leave the EU
The great thing about this offer is that if our bet loses, Ladbrokes will refund our £10.00 stake as a free bet. As mentioned above, by using straightforward matched betting, we can extract 80% cash from any free bet, so if we extract £8.00 from our free bet refund, the most we can actually lose on this offer is £2.00!
So, risking £2.00 for £24.50 profit if the UK remains in the EU or £70.00 profit if the UK leaves the EU… Has to be worth a go surely!?
NOTE: For those of you that do not yet have a Ladbrokes account, are already familiar with matched betting and have a decent sized bankroll, you may want to consider taking advantage of their standard welcome offer instead for £38.00+ guaranteed profit.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.