New Customer OfferBeginnerLast verified: 1 March 2026

Ladbrokes

Bet £5, Get £20 Free Bet

~£16

Est. Profit

after qual. loss

£20

Free Bet

SNR

£5

Qualifying Bet

Min odds: 1/2 (1.50)

7 days

Expiry

from issue

T&Cs Summary — Always verify before claiming

Min Deposit:
£5
Qualifying Bet:
£5
Minimum Odds:
1/2 (1.50)
Free Bet:
1 × £20
Free Bet Type:
SNR (Stake Not Returned)
Free Bet Expiry:
7 days from issue
Wagering:
None
Payment:
Debit card only. E-wallets excluded.

📌 Single £20 free bet credited within 24 hours of qualifying bet settling.

⚠️ T&Cs change frequently. Always read the full terms on Ladbrokes's website before placing any bets.

Profit Breakdown

Based on example odds of 1.6 (back) / 1.63 (lay) and 80% free-bet conversion. Your actual figures will vary — use the calculator.

Stage 1 — Qualifying Bet

Back stake

£5

Back odds

1.6

Lay odds

1.63

Qualifying loss−£0.40

Stage 2 — Free Bet Conversion (SNR)

Free bet

£20

Target odds

3.0–5.0

Conversion

~80%

Free bet profit16.00
Estimated Net Profit15.60

How to Claim — Step by Step

  1. 1

    Register a new account at Ladbrokes — this offer is for new customers only. Use accurate personal details.

  2. 2

    Deposit at least £5 using a debit card. Note: most payment methods accepted, check T&Cs.

  3. 3

    Open the EarnXtra free calculator and set the mode to "Qualifying Bet". Keep it open while you proceed.

  4. 4

    Go to Ladbrokes and find a football match (Premier League recommended). Select a team to win — you need back odds of 1/2 (1.50) or higher.

  5. 5

    Enter £5 as your stake on Ladbrokes but do NOT place the bet yet.

  6. 6

    On Betfair or Smarkets, find the same selection on the lay side. Enter the lay odds into the calculator. Confirm the qualifying loss is under £2 before proceeding.

  7. 7

    Place the qualifying back bet at Ladbrokes (£5 at 1/2 (1.50)+), then immediately place the lay bet on the exchange.

  8. 8

    Wait for the event to settle. You'll make a small qualifying loss — this is expected and unlocks your free bet.

  9. 9

    Your free bet of 1 × £20 will be credited to your Ladbrokes account within 24 hours.

  10. 10

    Switch the calculator to "Free Bet (SNR)" mode. Find a selection at 3.0–5.0 decimal odds for the best conversion rate.

  11. 11

    Enter the free bet amount, back odds, and lay odds into the calculator to get your lay stake.

  12. 12

    Place the free bet at Ladbrokes and the lay bet simultaneously on the exchange.

  13. 13

    Settle back and wait — you'll collect approximately £12 profit regardless of the result! 🎉

New to matched betting? Read our complete beginner's guide before placing your first bet.

Profit figures are illustrative and based on approximate exchange odds and 80% free-bet conversion. Actual results depend on the odds available at the time of betting. Matched betting involves risk — always calculate using the free tool before placing any bets. Must be 18+. Please gamble responsibly — BeGambleAware.org.