|Promo Details||Free Bet Info|
|→ Type of Bonus||Free Bet|
|→ Max. Amount||£20|
|→ Min. Bet to Qualify||£5|
|→ Min. Odds||1.50|
|→ Promo code||20FREE|
|→ Get Your Free Bet|
As many professional and recreational punters must be well aware of, the UK-based bookmaker Ladbrokes is probably the oldest major bookmaker in the world and they can trace their origins all the way back to the 19th century. History lessons aside, if you want to know how to use your free bet at Ladbrokes, you are in the right place.
Currently, the main welcome offer for UK customers is bet £5, get £20 in free bets. That’s really generous, meaning that you are only risking £5 of your own money but will get to place more bets in total.
We will take a closer look at this Ladbrokes free bet, plus we will offer more general free bet advice. We will also consider what you might want to bet on with your freebie at Ladbrokes, and there’s quite a choice.
Bet £5 and Get £20 of Free Bets at Ladbrokes
This sign up promotion is great for people who are entirely new to betting or who can’t spare much cash. You only have to put up £5 of your own money and you get four times that amount in free bets. That’s low risk and potentially high reward and it is a great way to either try and build up your bankroll, learn more about online betting or just have a bit of fun without putting too much money on the line.
Join Ladbrokes and place a bet of £5 or more at odds of at least 1.50 within 14 days and you will land the £20 of free bets. Credited as 4 x £5 freebies, these have to be used within 4 days on sports betting. What you must have figured out by now is that this enticing welcome offer in free bets are stake not returned, this offer is open to those aged 18 and above only and you can check out all the terms and conditions at Ladbrokes for the full details.
Our top tip for using the free bet with “Laddies” is to play things as safe as possible with your first qualifying £5 bet. If you make a profit from that, then no matter what happens with your £20 in free bets, you will be up overall.
With low minimum odds of 1.50, you can go for a real banker with the first bet. Whatever sport you like (and ideally know a bit about), try and pick a short-odds favourite that you are really confident about. If you go as low as possible and opt for something at odds of 1.50 you’ll only win £2.50, but you’ll also get those 4 x £5 free bets and hence the chance to win a lot more.
Assuming you win your qualifier, the free bets really are free, too, as whatever happens with them you will have made an overall profit. What you need to remember is that whether you use the desktop version or the highly-functional iOS or Android app, you will still get the chance to use the four £5 free bets, so you can opt to either play things safe or go for glory. If you won with your qualifying stake, then taking a few risks with the freebies is undoubtedly a good idea. On the other hand, if you lost, opting for one or two bets around the even money (2.0) mark might be wise, so you can hopefully at least recoup that small loss.
How To Use Free Bets
Ladbrokes have had various different free bets and welcome offers over the years and no doubt, at some stage, they will change from the current one. Whatever they decide to give to new customers, there are a few simple tips and tactics you should use to make the most of your Ladbrokes free bet.
- Check the terms
There won’t be anything to catch you out, but don’t miss out on your free bet by ignoring minimum odds requirements, time limits, deposit restrictions or any other key condition.
- Don’t rush
If you rush, you’ll make mistakes, either missing one of the terms of the promotion or placing a bet that you aren’t convinced by. Ladbrokes isn’t going anywhere, so join when you have time and also when there is lots of your preferred sport taking place.
As discussed above, going cautiously with the qualifying stake is often the best strategy as this is “real” money; in other words, it is your own cash. Much depends on the structure of the promo, but often this tactic is wise and then you can opt for higher odds and riskier picks with the free bets.
- Matched betting
Matched betting is a process whereby you use an exchange to bet against your bookmaker wager and thus win either way. This can be used to guarantee losing very little with your qualifying bet and then to extract most of the value of the free bet without taking any risk.
What Sports Can I Use The Ladbrokes Free Bet On?
When it comes to using your free bet, and prior to that, placing your qualifying stake, you have loads and loads of options with Ladbrokes. They were already one of the biggest bookmakers in the world and joining forces with Coral (in 2016) only made them bigger and better. Their range of sports and betting markets is as good as you’ll find almost anywhere.
At the time of writing, Ladbrokes were offering bets on the following sports:
- American football
- Aussie Rules
- Formula 1
- Gaelic football
- Greyhound racing
- Ice hockey
- Motor cycling
- Motor sports
- Rugby league
- Rugby Union
- TV specials
- Virtual sports
That is a LOT of sport to choose from. On any given day, there are likely to be tens or even hundreds of football matches, horse races, greyhound races, and games from other sports to choose from. All you need to do to use your free bet is decide what you want to bet on, navigate to that market and get betting.
Good luck, although with loads of extra free betting power thanks to the Ladbrokes sign up promo, you won’t need much of it!