Join Ladbrokes Betting Exchange and get a £10 Lay Bet Refund
Ladbrokes are one of the most recognisable names in the world of betting, whether it be online or on the high street. Their Sportsbook has been a massive success over the years, however the leading bookmaker has decided to branch into Betting Exchanges, thus giving the punter the opportunity to bet on pretty much anything.
A betting exchange gives customers the opportunity to effectively bet against each other, either in the role of a bookmaker or as a normal punter. In the bookmaker role, users can offer any odds to the punter which they are prepared to lose. Alternatively, punters can ask for odds to any stake amount which they are prepared to lose.
Clearly choosing which Betting Exchanges are best for you is of the utmost importance. With an account at a Betting Exchange, you can use bookmaker offers to guarantee yourself a profit simply by backing a particular selection with that bookmaker and laying against it on the exchange. A lay bet is pretty simple to understand, it is betting a selection to lose. A back bet is in effect the opposite, namely betting on a selection to win. In this regard you cover both eventualities and when using a bookmaker free bet you can thus ensure that you are guaranteed to make a profit.
The question is, how does Ladbrokes Betting Exchange compare?
First of all, when you join Ladbrokes using this exclusive link, you will see ‘Exchange’ listed in the black header at the top of the page. Click on this and you will be presented with a welcome offer of a £10 Lay Bet Refund. Quite simply, lay a selection as your initial exchange bet and Ladbrokes will refund any losses up to £10, credited to your account as a Free Bet* (terms and conditions apply).
Betting Exchanges usually charge the punter a commission and Ladbrokes is no exception to that rule, this firm charging 5% commission, the same as BETDAQ and Betfair but a bit more than Smarkets which charges 2%. Of the utmost importance is the amount of liquidity (the amount available to place on the particular market). If there is insufficient liquidity available on your particular selection, then there is the danger that you won’t get your bet fully matched. Ladbrokes Exchange is good in that regard given that they share a platform with BETDAQ, the latter’s members using the Exchange. you usually won’t have a problem getting the majority of your bets matches and even some of the slightly more obscure markets have plenty of money in the pot.
As regards the general layout of the website, there are no real issues here. As you would expect from such an established company as Ladbrokes, everything is well laid-out and navigation is easy.
All-in-all, Ladbrokes are a good alternative Betting Exchange although the likes of Smarkets and Betfair have the edge in terms of their range of markets. Nevertheless those familiar to Ladbrokes Sportsbook will find the going easy thanks to the similarity between the website design and navigation options. The commission rate compares favourably to some of their main competitors and the available liquidity is very good.
To join Ladbrokes Betting Exchange, simply visit Ladbrokes Bookmakers using this link, register a new account and click on “Exchanges” at the top of the Ladbrokes homepage.