Ladbrokes Offer – Konta v Vekic

It’s Day 3 of Wimbledon today and Ladbrokes are getting in on the action! Simply place a Set 1 Correct Score bet on Johanna Konta v Donna Vekic and if it loses, Ladbrokes will refund our stake as a free bet, up to a maximum of £10.00. Translated into matched betting terms, this gives us a potential profit of £45.00 and here’s how…

Qualifying Bet:

If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

Qualifying bets must be placed between 08:00 and 13:00 (start time) on Wednesday 5th July 2017, to be eligible.

Losing stakes are refunded as a free bet, so ordinarily we would treat this as a risk-free offer. Unfortunately though, the Set 1 Correct Score market is a little obscure and so the liquidity tends to be lacking.

I’ve therefore decided to treat this as a speculative offer. We can just place our qualifying bet on a selection of our choice and let it run as a value bet without laying. If our back bet wins, we’ll have made a nice profit, otherwise we can just extract 80% from our £10.00 free bet refund and take a £2.00 loss.

Having looked at the odds available, I’ve opted to place my qualifying bet on 6-4 to Johanna Konta.

So, if Johanna Konta wins the first set 6-4, we’ll have made a nice profit of £45.00. Any other outcome and we’ll have made a loss of £2.00. Risking £2.00 to make a profit of £45.00 gives us effective odds of 23.50, so given that Johanna Konta is odds of 5.50 to win the first set 6-4, this is a very profitable offer in the long run.

If our selection loses, our free bet will be credited within 24 hours and will be valid for 7 days.