Royal Ascot 2022 gets underway on Tuesday, and you don’t want to miss this Ladbrokes free bet offer! They’re giving selected customers a £1.00 free bet on Day 1 or Day 2 of the festival! Translated into matched betting terms, this gives you a potential profit of £5.00 and here’s how…
Key terms
- The promotion is available to invited customers only.
- You must log in between 09:00 on Tuesday 14th June 2022 and 18:10 on Wednesday 15th June 2022 to claim the free bet.
- Your £1.00 free bet will be valid on Royal Ascot horse racing only.
Free bet
With the free bet being small, I suspect many will be happy to just 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 the 16:20 Royal Ascot on Wednesday, you could place your free bet on Bashkirova at odds of 6.00 (5/1)…
Place your £1.00 free bet on Bashkirova @ 6.00 = Potential profit of £5.00
Outcomes
Let’s look at your potential profit/loss for the possible outcomes…
| Outcome | Ladbrokes | Profit/Loss |
|---|---|---|
| Bashkirova wins | + £5.00 | £5.00 profit |
| Another horse wins | – free bet | £0.00 |
So, if Bashkirova wins the race, you’ll make a £5.00 profit on this Ladbrokes offer! Any other outcome, you’ve lost your free bet, and there’s no harm done.
* Saffron Beach won the 16:20 Royal Ascot (Wednesday), 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.