The Open Championship 2019 tees off on Thursday and Ladbrokes are getting in on the action! They’re giving all customers a £1.00 free bet to use on the 2019 Open at Royal Portrush! Translated into matched betting terms, this gives us a risk-free potential profit of £9.00 and here’s how…
Key Terms:
- We must log in to the Ladbrokes app between 08:00 on Tuesday 16th July 2019 and 23:59 on Thursday 18th July 2019.
- This offer is limited to 100,000 tokens.
- Free bet will be available to use on The Open Championship 2019 until 23:59 on Thursday 18th July 2019.
Free Bet:
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.
It’s entirely up to you what you place your free bet on. Having looked at the odds available, we could place our qualifying bet on Rory McIlroy in the Outright market…
Place £1.00 free bet on Rory McIlroy @ 10.00 = Potential profit of £9.00
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Profit/Loss |
|---|---|---|
| Rory McIlroy wins | +£9.00 | £9.00 profit |
| Rory McIlroy doesn’t win | -£1.00 free bet | £0.00 |
So, if Rory McIlroy wins the tournament, we’ll make a nice profit of £9.00 on this Ladbrokes offer! Any other outcome and we’ve lost our free bet and there’s no harm done.
* Rory McIlroy failed to win the tournament, resulting in break even on this Ladbrokes offer. *
More reload offers – Make £300+ per month
With detailed walkthroughs for all the best offers as they’re released, you’ll be bagging recurring profits in no time.
More reload offers
Got a question?
Leave me a comment below…
I usually respond within 24 hours.
Matt Kirman – Matched 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.