Laddies back with a £30 free bet

[Femmod]

Pretty much as it says on the tin. I think we'd all agree that this remains one of the best for any beginners

[ElenaElvi]

is that Ladbrokes? And do they have additional free bet or this is the sign up free bet you are talking about ?

Cheers

Elena

[Admin]

Yes ladbrokes free bet offer is now £30

[3Wheeler]

FREE £50 in Play Bet today .. Well a Refund if it Loses.. Not sure best way to Play it.. The Draw I guess on the Footie...

[Admin]

1.Treat as SR and really really hope to lose at the bookie for the full free bet.
2.Or treat it as SNR for a guaranteed profit but hope to win the bet.
3.Or underlay so that your lay risk is £25 less than it should be for a guaranteed minimum 50% return on the offer but hope to lose at the bookie.

Back and lay odds of 5 (assuming 5% commission at betfair)

Seeing as a £50 back bet will net you £200 profit:

1.A SR lay stake of 50.51 gives you a lay risk/liability of 202.02. So a loss of 2.02 either way but you might get a free bet if your lay wins.
2.Treat it as SNR (it's still SR in reality) and your lay stake of 40.40 gives a liability of 161.62.
If the bookie bet wins you're now 200 up from that and 161.62 down at betfair - £38.38 up overall
If the bookie bet loses you're now 50 down there but 40.40 up at betfair - overall a loss of 11.62 BUT you now have the £50 free bet. Make 40 from this and you'll be £28.38 up overall.
3. A bigger underlay of 43.75 lay stake gives a liability of 175.
Bookie bet wins =200 up there, 175 down at betfair= £25 up overall
If the bookie bet loses you're 50 down there 43.75 up at betfair = 6.25 loss but with the 50 free bet to come. Make 40 from that and you're now £33.75 up overall.

The above illustrates that when you start changing the underlay amounts your profit levels are dependent upon the results of the event and seeing as you cant decide whether to win at the bookie or not - you pays your money and makes your choice. Either way though, unless you go for option 1, you still cant lose.

[3Wheeler]

I did Option 2 inplay on Chelsea V Spurs and lost at the Bookies. £13.77 Down at the Exchange. But wasnt playing Risky .. Its a Free £25 Quid afterall . As long as the Free Bet arrives fine & Dandy in the next few Days .. A Good Write up that. Cheers.

[Admin]

Exactly - free money is free money
Option 2 would probably have been my choice too but it's always good to lose at the bookies in the long run. You want to be a lifelong customer and get regular reloads. Lose the free bet too and your profitable in their eyes and they'll want to keep you. Win big on the free bet and withdraw it and that's unlikely to happen...

[3Wheeler]

Last 2 Offers Ive Tried with Laddies ie the Cheltenham £5 Free Bet Offer which was supposed to land in your Account & the Recent one Last Weekend for the Inplay Refund .. Both of Which havent been Straightforward.. 1st the £5 didnt appear at all I had to EMail for it ..They sent it after that otherwise it wouldnt of appeared.. They Just seem a Bit Slow Thats all I just got my In Play Refund 2 days Later than Advertised and was on the verge of Chasing them up for that as Well... Guess theyre still busy after Cheltenham as the Standard EMail Reply Shot says .