If you’ve followed our guide and completed the offers in the order we have advised, you will notice that this is quite different from the ones you are used too so please read carefully and contact us or ask on the forum if you have any problems.
Ladbrokes Exchange are are offering new customers a £25 free bet to use on their Exchange when you earn 4 exchange points. This offer requires you to use your existing Ladbrokes account, you must have completed their sign up offer before attempting this one so if you haven’t yet please do that first. Once you are done with the Ladbrokes sign up offer you can move on to this one. To deposit money into the exchange you will first need to deposit it into to your sportsbook (normal) account and transfer it into your exchange account.
Qualifying for this offer is simple, just use the Ladbrokes Exchange to lay off a few of your qualifying bets on other offers until we’ve paid 4 exchange points, a point is earned for every £25 won or lost on the exchange so we need to win/lose a total of £100.
The most straightforward way of doing this is to use Ladbrokes as your choice of exchange while completing a few other sign ups, but bear in mind, they don’t show up on the oddsmatcher so you will need to search BetDAQ (see below) since they use the same odds as Ladbrokes Exchange.
Do not use PayPal for your first deposit. You must deposit via Debit Card.
Turning Your Free Bet Into Risk Free Profit
Once the qualifying conditions have been met, Ladbrokes Exchange will credit you with a free £25 bet within 72hrs that you use the same way as any other free bet you’ve done so far.
Step 1 – Find Your Free Bet
Once your free bet has been credited use the Pure Profit Oddsmatcher to find a close match between the Ladbrokes Exchange back odds and your chosen exchange lay odds. To maximise profit from your free bet we advise using high odds of 4.0 or above, for those with a smaller bank, find the best possible match at odds where you can afford the liability, somewhere in the region of 3.5 would be good and lock in as much profit as you can.
For your convenience the Oddsmatcher has been pre set to not display any arbs and only show odds above 3.5.
To deposit money into the exchange you will first need to deposit it into to your sportsbook (normal) account and transfer it into your exchange account.
To deposit money into the exchange you will first need to deposit it into your
sportsbook (normal) account and transfer it into your exchange account.
Step 2 – Work Out Your Qualifier Lay Stakes
Once you have found a selection you are happy with, click the “i” on your match to open up the Pure Profit Calculator and work out your lay stake and liability.
- Select “Free Bet (SNR)” at the top.
- The bookmaker stake is £25.
- Enter the Ladbrokes Exchange back odds.
- Enter the exchange lay odds.
- Enter the lay commission.
- Press enter on your keypad.
IMPORTANT – It is very important to make sure you have enough liability in your Betfair account to cover the bet and also make sure there is enough liquidity in the market you are betting in.
For those with a smaller bank, find the best possible match at odds where you can afford the liability, somewhere in the region of (3.0, 2/1) would be good. Ideally we would advise odds above (4.0, 3/1) but again, for those with a smaller bank it’s not essential so lock in as much profit as you can.
Step 3 – Place Your Ladbrokes Exchange Free Bet & Betfair Lay Bet
Now you have worked out your correct lay stake and liability it is time to place your free bet. Start by depositing the recommended liability into Betfair. Place your free £20 bet with Ladbrokes Exchange immediately followed by your exchange lay bet, make sure both bets are confirmed and the lay bet has been fully matched. You have now done all there is to do with this offer so sit back, wait for the bets to settle and your profit to hit your account!
Once these bets have settled, you should aim to have made around £18 profit if you have decent sized bank, those with a smaller bank will be closer to £20.