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When using our 49’s lotto odds comparison table we display all of the odds as fractional odds. Fractional odds are the most commonly used odds format in the UK.
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How Do Fractional Odds Work?
You may have seen fractional odds such as 2/1, 5/1, 11/2 or 8/3. This may look a bit like a GCSE maths question but they’re actually fairly easy to calculate. All you need to do is divide the number before the / by the number after the / and multiply it by your stake. For example, the odds above with a £1 stake would generate the following:
- 2/1 → 2 ÷ 1 = 2. 2 x £1 = £2 winnings
- 5/1 → 5 ÷ 1 = 5. 5 x £1 = £5 winnings
- 11/2 → 11 ÷ 2 = 5.5. 5.5 x £1 = £5.5 winnings
Winnings and Returns
In the example above, we have only included winnings. Or in other words, the amount of profit made. When you get paid by the bookmaker you also get your stake back. So, it would actually be more like this:
- 2/1 → 2 ÷ 1 = 2. 2 x £1 = £2 winnings + £1 stake returned
- 5/1 → 5 ÷ 1 = 5. 5 x £1 = £5 winnings + £1 stake returned
- 11/2 → 11 ÷ 2 = 5.5. 5.5 x £1 = £5.5 winnings + £1 stake returned
EVS
It can confuse users when they see EVS. This is short for Evens, or, in fractions 1/1. Let’s look at how this would work.
- EVS (1/1) → 1 ÷ 1 = 1 x £1 = £1 winnings + £1 stake returned
How Do Decimal Odds Work?
Some people prefer decimal odds to fractional odds, even though traditionally most UK bookmakers display odds as fractional.
When Decimal odds are multiplied by the stake that will show you the winnings and returns.
Fractional odds can be converted to Decimal odds quite easily.
For example, below are the same examples of Fractional Odds converted to decimals and showing the Total Returns
- 2/1 Fractional Odds = 3 Decimal Odds → 2 ÷ 1 = 2 2 + 1 = 3 3 x £1 = £3 Total Returns
- 5/1 Fractional Odds = 6 Decimal Odds → 5 ÷ 1 = 5 5 + 1 = 6 6 x £1 = £6 Total Returns
- 11/2 Fractional Odds = 6.5 Decimal Odds → 11 ÷ 2 = 5.5 5.5 + 1 = 6.5 6.5 x £1 = £6.50 Total Returns
- 11/2 Fractional Odds = 6.5 Decimal Odds → 11 ÷ 2 = 5.5 5.5 + 1 = 6.5 6.5 x £1 = £6.50 Total Returns
- Evens 1/1 Fractional Odds = 2 Decimal Odds → 1 ÷ 1 = 1 1 + 1 = 2 2 x £1 = £2 Total Returns
If you prefer decimal odds for lottery betting we would recommend you use our lotto betting calculator.
* Odds Disclaimer: The displayed odds are intended as a guide only and whilst we work hard to ensure they're up to date, they are subject to change from the operators. Odds correct as of 08/01/2021. Please always check odds on the betting operator site before placing any bets. #Ad. Find out more on our How Our Site Works page.
Here’s how to claim the Ladbrokes free bet:
- Register a new account with Ladbrokes, ensuring that you enter the promo code “20FREE” during sign up.
- Deposit £5 or more into your account.
- To trigger our exclusive bonus bet £5 on anything with odds of 1.50 (1/2) or bigger.
- Ladbrokes will reward you with 4 x £5 free bets making £20 in total.
Here’s How The Ladbrokes Offer Works:
What you get:
4 x £5 free bet tokens when you open a new account and bet £5.
How to get it:
Open a new account with Ladbrokes and enter promo code 20FREE on the registration page. Deposit at least £5 and then place your first bet with the company at odds of 1/2 (1.5) or greater to the amount of £5 or more. You’ll get 4 x £5 free bet tokens added to your account making £20 in total.
How to use it:
Your free bet tokens can be used for a wager by clicking the relevant option on your bet slip once the token has been credited. Each token must be used in its entirety, cannot be split between a number of smaller bets and must be utilised within seven days of its award.
How to withdraw it:
Any winnings returned from the use of a free bet token will not include the free bet stake, but can be withdrawn as normal.
Ladbrokes Bonus Terms & Conditions
TL;DR
- Place first bet at odds of 1/2 (1.5) or higher to trigger bonus.
- Free bet expires in 7 days.
- Free bet stake not included in winnings.
The Ladbrokes new customer promotion is quite a simple one, but is still subject to the following terms and conditions:
- Brand new Ladbrokes customers can receive 4 x £5 free bets when they first bet with the company.
- To qualify for the offer, the customer must enter promotion code 20FREE during the registration process and then place a bet worth at least £5 at odds totalling 1/2 or greater.
- Only the win part of any initial bet qualifies for the offer and tote, pools or exchange bets do not count.
- The free bet will be credited upon placement of a qualifying bet and expires seven days after it is credited.
- The free bets must be used in their entirety and if it is applied to a bet worth less than its full value, the remaining value will be void.
- Any winnings resulting from the use of the free bet will exclude the initial free bet stake.
- Ladbrokes can remove a customer’s free bet if the original qualifying bet is voided for any reason.
- New account offers are limited to one per person, household, email, payment method or IP address. Duplicate accounts are not eligible for the offer.
- Ladbrokes reserve the right to limit an individual customer’s access to this or any other offer at their own discretion.
- Any bets placed from initial deposits via Skrill, Neteller or Paysafe will not qualify for this offer.
- The offer is limited to customers living within the United Kingdom and the Republic of Ireland.
If you want to read the terms and conditions in full then you’ll find them on the Ladbrokes website.
List of all Ladbrokes Offers & Promotions:
The following is a full list of offers and promotions currently running at Ladbrokes:
- Bet £5 get £20 sign up offer.
- #GETAPRICE for odds on anything.
- Odds Boost Tokens
- Extra Places On Selected Races
- Cash Out In-Play
- Best Odds Guaranteed (horses)
- Best Odds Guaranteed (greyhounds)
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Click here to go to Ladbrokes and then tap ‘PROMOTIONS’ for full terms and conditions and offer details.
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As you’d expect from a major bookmaker like Ladbrokes, their promotion for new customers is one of the best on the market. In fact, having assessed the offer and compared it to those available from other betting sites, we’ve given it a rating of 4.5 stars out of a maximum possible five.
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One of the main reasons why we rate the Ladbrokes promotion so highly is thanks to its impressive overall generosity. The offer, after all, can provide a maximum bonus worth £20 for just a £5 trigger bet which is around double the match percentage offered on average by new customer offers from major bookmakers.
Unlike some higher value promotions, what’s more, Ladbrokes’ offer is not one which is built only for high rolling punters. That’s thanks to the fact that the bonus amount provided by the promotion is matched to a customer’s first bet.
An eligible new customer who bets just £5 with the bookmaker, therefore, will receive a £5 free bet bonus and so has no requirement to bet more than they would usually do so in order to trigger the promotion.
Qualifying bets which trigger the Ladbrokes offer, too, must be at odds of 1/2 or greater which is less restrictive than the evens requirement placed upon qualifying bets for many other promotions.
Want to join and get the free bet? Click the button below. Want more info? Check out our Labrokes review.
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User Reviews
11 2 Odds 5 Beta
- September 25, 2019
Personally would prefer a bigger offer but did this one yesterday and managed to get my free bets this morning. Will be using them on the footie tonight or on the weekend.
- November 16, 2019
Nearly lost my bloody free bet from Ladbrokes. I didn’t realise that it expires after 7 days. Was saving it but managed to get it on just before I’d have lost it. Anyone who does the offer make sure you remember!
- February 25, 2021
Sign up with a code and placed a bet for 5, but didn’t get any Free Bets, maybe it was because I also used Odds Booster, but nothing was clearly stated. Disappointed.
- February 25, 2021
Hi Fenny – it is there in the terms and conditions. Point 20: This Sports Promotion cannot be used in conjunction with any other Ladbrokes.com Sports Promotion. I’m guessing because you used the odds boost the bonus didn’t trigger.
However I can see why you might have missed it as it’s right at the end of a very long list of T&C’s. Definitely try an email to support and explain it was a genuine error. I wouldn’t be a bit surprised if they sort something out for you. Got to their site, scroll to the bottom where it says contact us and try live chat or email support.