Ladbrokes Newbies – £40.10 Chelsea v Southampton Offer

Chelsea face Southampton at Stamford Bridge tonight and Ladbrokes are running a great offer for newbies! New customers can get 10/1 on Chelsea to score! What’s more, if our £5.00 (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 £1.00 and here’s how…

Simply register today, deposit £5.00 and then place your first bet as a single £5.00 bet on Chelsea to score against Southampton.

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
Chelsea to score 1/10 10/1 £5.50 £49.50

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
Chelsea to score £49.50 £39.60 £45.10 £40.10

Ladbrokes logo

Place £5.00 on Chelsea to score against Southampton

The great thing about this offer is that if our bet loses, Ladbrokes will refund our £5.00 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 £4.00 from our free bet refund, the most we can actually lose on this offer is £1.00!

So, risking £1.00 for £40.10 profit if Chelsea score… 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

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.