There’s a big day of racing at Ripon today and Ladbrokes are getting in on the action! They’re giving all customers a £2.00 free bet to use on the 16:10 at Ripon! Translated into matched betting terms, this gives us a potential profit of £18.00 and here’s how…
Free Bet:
We must log in from 08:00 on Thursday 7th June 2018 to claim our £2.00 free bet. Our free bet must be placed on a single bet only before the 16:10 at Ripon gets underway.
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 bet on Mutabaahy…
Place £2.00 free bet on Mutabaahy @ 9.00 = Potential profit of £18.00
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Mutabaahy wins | + £18.00 – £2.00 free bet = £18.00 profit |
| Mutabaahy doesn’t win | – £2.00 free bet = £0.00 |
If Mutabaahy doesn’t win the race, we’ve lost our free bet and there’s no harm done. If Mutabaahy does win the race, we’ll make a nice profit of £18.00 on this Ladbrokes offer!
* Mutabaahy finished 2nd, resulting in break even on this Ladbrokes offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.