Ladbrokes Offer – Ireland v Argentina

Ireland face Argentina this afternoon in the Rugby World Cup Quarter-Finals and Ladbrokes are back with another great offer. If Ireland score first against Argentina, Ladbrokes will refund losing First/Anytime Tryscorer bets, as a free bet up to £25.00. Translated into matched betting terms, this gives us a potential profit of £16.64 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 they should be done.

Having looked at the odds available, I’ve opted to place my qualifying bet on Santiago Cordero to score the first try.

We can calculate our lay stakes using the matched betting calculator.

ladbrokes

Place £25.00 on Santiago Cordero @ 15.00 = Potential profit of £350.00

betfair

Lay £22.08 on Santiago Cordero @ 17.00 = Potential liability of £353.36

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

Santiago Cordero scores 1st try and Ireland score first +£350.00 – £353.36 = £3.36 loss
Santiago Cordero scores 1st try and Argentina score first +£350.00 – £353.36 = £3.36 loss
Santiago Cordero doesn’t score 1st try and Ireland score first -£25.00 + £21.64 + £20.00 (extract 80% from our £25.00 free bet) = £16.64 profit
Santiago Cordero doesn’t score 1st try and Argentina score first -£25.00 + £21.64 = £3.36 loss

So if Santiago Cordero doesn’t score the first try and Ireland score the first points of the match, we will make a nice profit of £16.64! Any other outcome and we will have made a loss of £3.36. I would usually avoid doing offers that have such a large risk but risking £3.36 to make a potential profit of £16.64 gives us effective odds of 5.95. The fact that Ireland are only 1.80 to score first, makes this a profitable offer in the long run.

If you’re unsure how to extract 80% of our £25.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.