Ladbrokes Offer – Arsenal v Leicester

August 11, 2017 / Football / 5 Comments

Kick-off time (GMT): 11/08/2017 : 19:45

Guaranteed profit
£17.25

Premier League football returns tonight and you don’t want to miss this Ladbrokes offer! Simply bet £20.00+ pre-match on Arsenal v Leicester and Ladbrokes will give us 5 x £5.00 free in play bets. That’s a free bet for every televised Premier League match this weekend! Translated into matched betting terms, this gives us a guaranteed profit of £17.25 and here’s how…

Ladbrokes Offer - Arsenal v Leicester

Qualifying Bet:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

To qualify for our 5 x £5.00 free in play bets, we must bet £20.00+ pre-match on Arsenal v Leicester at odds of 1.25 (1/4) or greater. Qualifying bets must be placed between 06:00 on Thursday 10th August 2017 and 19:45 (kick-off) on Friday 11th August 2017, to be eligible.

Having looked at the odds available, I’ve opted to place my qualifying bet on Arsenal in the Match Betting market.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stakes using my matched betting calculator…


Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Adjust your lay stake

Min £
Max £

Lay stake required: £

Bookie
Exchange
Total
If back (bookie) bet wins
= £
If lay (exchange) bet wins
= £
Bookie
Exchange
Cashback
Total
If back
bet wins
= £
If lay
bet wins
= £

Total profit:

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins:
If lay (exchange) bet wins:

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins:
If lay (exchange) bet wins:

As you can see, the calculator tells us that our lay stake should be £18.88…

Ladbrokes logo

Place £20.00 on Arsenal @ 1.444 = Potential profit of £8.88

Smarkets logo

Lay £18.88 on Arsenal @ 1.55 = Potential liability of £10.38

Let’s have a look at our potential profit/loss for the possible outcomes…

Arsenal win + £8.88 – £10.38 = £1.50 loss
Arsenal don't win - £20.00 + £18.50 (£18.88 minus 2% commission) = £1.50 loss

So, regardless of the result of the match, we’ll lose £1.50 in qualifying for our 5 x £5.00 free in play bets.

Free Bet:

Our 5 x £5.00 free bets will be credited at the start of each of the following televised matches…

Fixture Kick-Off Date
Arsenal v Leicester 19:45 Friday 11th August 2017
Watford v Liverpool 12:30 Saturday 12th August 2017
Brighton v Man City 17:30 Saturday 12th August 2017
Newcastle v Tottenham 13:30 Sunday 13th August 2017
Man Utd v West Ham 16:00 Sunday 13th August 2017

Each £5.00 free bet can only be used in play on the match it has been credited for and will expire once the match has finished, if it has not been used.

It’s impossible to know what odds will be available until the matches have kicked off but by using straightforward matched betting, we should be able to extract 75% cash from the 5 x £5.00 free bets, so £18.75. If we take into account our qualifying loss of £1.50, this gives us a guaranteed profit of £17.25 on this Ladbrokes offer!

Extracting profit from our free bets can be a little tricky when betting in play. One option is to wait until half-time, as the odds don’t fluctuate as much as when the game is live. If you place your free bet and then something happens in the game that changes the lay odds, it will affect your profit one way or the other.

Another option is to place it on 1-1, 2-1 or 3-1 whilst the score is at 0-0. By selecting a scoreline where both teams score, it reduces the risk of the odds fluctuating unfavourably.

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5 Comments

  1. Sam

    August 11, 2017
    / Reply

    Nice offer. On another note, here is another offer for the list that seems resembles Betfair old offer for the top goalscorer: https://www.sunbets.co.uk/promo

  2. Norms

    August 11, 2017
    / Reply

    Ladbrokes are giving me one daily price boost this week, so my QL will only be 79p!

  3. Jim

    August 11, 2017
    / Reply

    So much better than last season's offer if it becomes a regular thing, I think they gubbed me though.

    • bobster

      August 11, 2017
      / Reply

      Highly highly unlikely to be regular


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