Ladbrokes Offer – West Ham v Leicester

Leicester visit West Ham in the Premier League tonight and you don’t want to miss this Ladbrokes offer! Simply bet £5.00 or more on West Ham v Leicester and Ladbrokes will give us a £5.00 free in play bet to use on this weekend’s football. Translated into matched betting terms, this gives us a guaranteed profit of £3.40 and here’s how…

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 £5.00 free in play bet, we must bet £5.00 or more on West Ham v Leicester. Qualifying bets must be placed between 00:00 on Thursday 23rd November 2017 and the end of the match (approx. 21:50) on Friday 24th November 2017.

It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on West Ham in the Match Betting market.

I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use. Also, if you opted in earlier this month, they are charging 2% commission on Premier League Match Odds bets throughout November 2017.

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

As you can see, the calculator tells us that our lay stake should be £4.75…

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

So, regardless of the outcome, we’ll lose a maximum of £0.35 in qualifying for our £5.00 free in play bet.

Free Bet:

Our £5.00 free in play bet will be credited upon placement of our qualifying bet and will be valid until 23:59 on Sunday 26th November 2017.

It’s impossible to know what odds will be available but by using straightforward matched betting, we should be able to extract 75% cash from the £5.00 free bet, so £3.75. If we take into account our maximum qualifying loss of £0.35, this gives us a guaranteed profit of £3.40 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.