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Ladbrokes Review

If you are looking to join Ladbrokes, then be sure to read our comprehensive Ladbrokes review below, and use our joining offer link to receive a $250 matched bonus bet!

Introduction

Ladbrokes can be traced back to 1886, when it was started by two commission agents specifically for horses trained at Ladbroke Hall, Worcestershire. By 1902 the operations had expanded and moved to London, where the name Ladbrokes was adopted.

Labrokes launched in Australia in late 2013 and has quickly became one of the most well known bookmakers in the country. They’ve done this through a successful ‘bet better’ marketing campaign on television and social media. They are known for the regularity of their improved odds, and ‘odds boost’ promotions, as well as their extensive racing coverage.

Joining Offer

Ladbrokes offers a great joining bonus, which you are able to split into a number of smaller bets, maximising your chances of turning it into withdrawable money. Below is an exclusive joining offer that Betucate has sourced for you. Compare joining offers for all bookmakers here.

Promotions

Ladbrokes promotions are usually centred around offering boosted odds, as opposed to money back or bonus bet offers. Indeed most weeks Ladbrokes will offer outrageously enhanced odds on at least a couple of events (typically on the favourites) with a generous maximum bet of up to $50. On top of this,’Odds Boost’ is a newly released feature whereby you can increase your odds above the market prices on an event of your choice once per day.

For a complete list of promotions across all bookmakers, please check out our complete list of Australian money back and bonus bet offers.

| No Current Offers |

Odds

Based on our cross sport analysis, we found Ladbrokes odds (with an average bookmaker margin, or ‘house edge’ of 4.6%) to be slightly better than the market average for online Australian bookmakers (4.7%). Whilst the odds may not compare to market leaders like pinnacle, if you are happy to concentrate more on featured sports, their ‘odds boost’ and other specials certainly make up for it.

Ladbrokes Review - Odds / Bookmaker Margin

Rating: 4th/13

Market Coverage

Our analysis found that Ladbrokes (along with sister companies Betstar and Bookmaker.com.au) has strong, if not quite market leading, coverage across different sports.

However when it comes to bet types they offer on a given sport, they fall behind many other major Australian bookmakers and occupy a mid market position. That said, if you are sticking to popular sports, and common bet types, you are unlikely to notice the reduced coverage as the only significant difference is the reduced range of custom lines and player exotics.

Ladbrokes Review - Sports Coverage - Best Joining Offer Australia

Rating: good

Usability

Ladbrokes’ user interface has a simple and aesthetically pleasing design, which is generally responsive and easy to use. Their account management and bet placement functionality in particular is sleeker and easier to us than most. That said, they are let down by a few failings, such as the fact that popular or upcoming sports are not prioritised well, and that the sorting pattern of events within a sport is often confusing. Placing a bet also often requires more clicks than necessary.


Rating: good

Features

FeatureBookmaker DetailsRating
Live Betting
  • Traditional phone betting on a a range of sports
Minimum Bet
  • $0.50 for all website and mobile bets
  • $20 for phone betting
Payout Limits
  • $500,000 Maximum payout on bets and multi-bets (regardless of specified payout or number of legs)
  • Maximum payout of $25,000 on 'pick your own line' bets (where maximum stake is also $10,000
Withdrawal
  • 1.0x turnover on all deposits required
Multis/Parlays
  • Any combination of sports and independent events
  • No live multis
Banning
  • If you're only betting on promotions or odds boosted outcomes
  • Big winnings on niche markets early in your account history

Rating: good

Summary

If you’re joining multiple bookmakers to ensure you have access to the best odds and promotions (as we strongly suggest), then Ladbrokes will be near the top of the list. The ‘odds boost’ and regularity of their enhanced odds promotions is more than reason enough to have an account, and their slightly above average odds does mean that they will sometimes offer the best odds on a market. That said, if you’re looking to bet on niche sports or markets, then you will probably find yourself using other bookmakers more often.

AreaRating
Joining Offer

$250

Promotions3rd/13
Odds4th/13
Sports Coveragegood
Usabilitygood
Featuresgood
Overall4th/13

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2 comments

  1. Easily the best, most comprehensive review I have seen. Thanks

  2. Ladbrokes has specials so often….it’s great, but like you noted its not always the easiest to use.

    Heard from a mate that laddies is one of the fastest growing as well, and interesting to note they have the same markets as Betstar – the interface is similar so it makes sense

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