Ladbrokes: Bet £5 Get £20 in Free Bets
What you'll learn:
- How to complete the Ladbrokes sign-up offer step by step
- Important warnings about the Ladbrokes/Coral sister site relationship
- A worked example showing ~£15 profit from this offer
Offer Summary
What You'll Need
- A new Ladbrokes account (never signed up before)
- A betting exchange account (Smarkets or Betfair Exchange)
- Around £15 in starting funds (to cover qualifying bet + exchange liability)
- A matched betting calculator to work out lay stakes
- A different email address from the one used for Coral (if applicable)
Step-by-Step Walkthrough
Sign up to Ladbrokes
Create a new Ladbrokes account using the sign-up offer link. Use your real personal details — you'll need to verify your identity before withdrawing. If you already have a Coral account, make sure you use a different email address for Ladbrokes.
Deposit funds
Deposit at least £5 into your new Ladbrokes account. Use a debit card for your first deposit — e-wallet deposits are typically excluded from sign-up offers.
Find a qualifying bet
Find a sporting event where the Ladbrokes back odds and the exchange lay odds are close together. Look for odds of around 3.0 with a small difference between back and lay (e.g., back 3.0, lay 3.10). Football matches tend to have the tightest spreads.
Place your back bet at Ladbrokes
Place a £5 back bet at Ladbrokes on your chosen outcome. Make sure the odds are at least 1/2 (1.50) to qualify for the offer. Use the matched betting calculator to determine the correct lay stake.
Place your lay bet at the exchange
At your exchange, lay the same outcome at similar odds. Enter the lay stake provided by your calculator. This ensures you're covered regardless of the result, with only a small qualifying loss.
Wait for the result and receive free bets
Once the event settles, your 4 × £5 free bets will be credited to your Ladbrokes account. Verify they've arrived in your free bets section before moving on.
Use your 4 × £5 free bets
Repeat the back/lay process for each of the four £5 free bets. Use higher odds (around 5.0–6.0) to maximise your return. Since these are SNR (stake not returned), you only receive the profit portion if the bet wins — higher odds give you a larger share of the winnings.
You can use all four free bets on the same event or spread them across different events. Each free bet needs its own corresponding lay bet at the exchange.
Withdraw your profit
Once all bets have settled, withdraw your funds from both Ladbrokes and your exchange. Your total profit from this offer should be around £15 after the qualifying loss and exchange commission.
Worked Example
Here's a realistic example of how this offer plays out with actual numbers.
| Step | What you do | Approx. result |
|---|---|---|
| Qualifying bet | Back £5 at 3.0 (Ladbrokes), lay at 3.10 (exchange) | -£0.25 small loss |
| Free bet 1 | Back £5 free bet at 5.0, lay at exchange | +£3.40 profit |
| Free bet 2 | Back £5 free bet at 5.0, lay at exchange | +£3.40 profit |
| Free bet 3 | Back £5 free bet at 5.0, lay at exchange | +£3.40 profit |
| Free bet 4 | Back £5 free bet at 5.0, lay at exchange | +£3.40 profit |
| Total | ~£13.35 profit |
Ladbrokes-Specific Tips
- Ladbrokes and Coral are owned by the same parent company (Entain). If you've already signed up to Coral, make sure you use a different email address for Ladbrokes. They may share customer data between brands.
- Space out your activity between Ladbrokes and Coral. Completing both offers on the same day may attract unwanted attention.
- Like Coral, the small £5 qualifying stake makes this a low risk offer with minimal capital required.
- Ladbrokes often has a wide range of markets, so you should have no trouble finding suitable events for your qualifying and free bets.
Sister Site Warning
Ladbrokes and Coral are sister sites under the Entain group. Some users report that aggressive matched betting on one site can lead to restrictions on the other. To minimise risk:
- Space out your activity — don't complete both offers on the same day
- Use different email addresses for each account
- Avoid placing bets at identical times on both platforms
- Consider waiting a few days between completing the Coral and Ladbrokes offers
Key takeaways
- Ladbrokes offers £20 in free bets (4 × £5) for just a £5 qualifying bet
- Expect around £13–£15 profit after qualifying loss and commission
- Be careful with the Ladbrokes/Coral sister site relationship — space out your activity
- Free bets are SNR and expire in 7 days — use them promptly
- Use a different email address from your Coral account