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The Open Championship 2018 Free Bet – Ladbrokes

The Open Championship 2018 tees off on Thursday and Ladbrokes are getting in on the action! They’re giving all customers a £2.00 free bet to use on any Open Championship market! Translated into matched betting terms, this gives us a potential profit of £32.00 and here’s how…

Free Bet:

We must log in via the Ladbrokes mobile app from 08:00 on Monday 16th July 2018 to claim our £2.00 free bet. This offer is limited to the first 60,000 customers.

The free bet stake will not be returned with any winnings.

With the free bet being so small, I suspect many will be happy to just punt this for a risk-free shot at a decent return.

We could place our free bet on Rory McIlroy in the Outright market…

Place £2.00 free bet on Rory McIlroy @ 17.00 = Potential profit of £32.00

Outcomes:

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

Rory McIlroy wins + £32.00 – £2.00 free bet = £32.00 profit
Rory McIlroy doesn’t win – £2.00 free bet = £0.00

So, if Rory McIlroy doesn’t win the tournament, we’ve lost our free bet and there’s no harm done. If Rory McIlroy does win the tournament, we’ll make a nice profit of £32.00 on this Ladbrokes offer!

* Rory McIlroy finished in a tie for 2nd place, resulting in break even on this Ladbrokes offer. *

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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.