Ladbrokes Review & Promo Code 2026: Money back 2nd & 3rd on selected races
Independent review of Ladbrokes: bonus bets, promo code, horse racing odds and promotions for Australian punters.
Quick Summary
Promo code
RACELAD
Money back 2nd & 3rd on selected races
Min deposit: $10. Money back as bonus bet if horse runs 2nd or 3rd. T&Cs and race restrictions apply.
Min deposit: $10. Money back as bonus bet if horse runs 2nd or 3rd. T&Cs and race restrictions apply.
Claim Ladbrokes PromoPros
- Money back 2nd and 3rd offers strong value on racing
- Top-tier odds and best Tote product
- Extensive horse racing markets
- Trusted brand with long history
Cons
- App can feel busy compared to simpler bookmakers
- Some promotions have race restrictions
This review contains affiliate links. Race.com.au may earn a commission if you sign up using our links or promo code, at no extra cost to you. Our reviews are independent and based on expert analysis of odds, racing coverage, and promotions. Independently reviewed by Race.com.au experts. Last verified: 1 February 2025.
Who is Ladbrokes?
Ladbrokes is one of Australia's most established bookmakers, with roots dating back to 1886. The Australian operation is licensed by the Northern Territory Racing Commission and is part of a global group. Ladbrokes Australia targets both recreational punters and serious racing fans with top-tier odds, Best Tote products, and the famous money-back 2nd and 3rd promotion on selected races. The brand specialises in horse racing with extensive markets and competitive fixed odds. Ladbrokes is 100% Australian-facing for its .com.au product and is trusted by punters who prioritise odds quality and ongoing racing promotions.
Founded 1886. Licensed by Northern Territory Racing Commission. Target market: Recreational and serious punters; strong for each-way and place betting.
Ladbrokes Promo Code Details
Use promo code RACELAD when signing up to access Ladbrokes' new customer offers and ongoing promotions. Steps: 1) Click through from Race.com.au to Ladbrokes. 2) Register and enter RACELAD in the promo code field if shown. 3) Complete identity verification (100 points ID). 4) Make your first deposit (min $10). 5) Place qualifying bets; money back 2nd and 3rd applies on selected races per Ladbrokes' terms. Offer is for new customers only, 18+, Australian residents. Promo codes and race selections may change; check Ladbrokes website for current terms.
Horse Racing Features
Ladbrokes offers full fixed odds on Australian thoroughbred and harness racing plus international meetings. Win, place, each-way, quinella, exacta, trifecta, first four, and same-race multis are available. Best Tote and Best Tote + are key products for competitive returns. Live streaming is available for many Australian and selected international meetings. Race-day promotions include money back 2nd and 3rd (bonus bet), bonus bet refunds on Group 1s, and enhanced odds. Form and race cards are integrated in the app.
Betting Platform Review
The Ladbrokes app is feature-rich with racing, sports, and live streaming. Some users find the layout busier than Neds; navigation is solid once familiar. Website is responsive. Deposits: card, PayPal, POLi, bank transfer. Withdrawals typically 1–3 business days. Customer support via live chat and phone; hours may vary. Odds and bet slip are clear. Suits punters who prioritise odds and promotions over minimal design.
Pros & Cons
Pros
- •Money back 2nd and 3rd offers strong value on racing
- •Top-tier odds and best Tote product
- •Extensive horse racing markets
- •Trusted brand with long history
Cons
- •App can feel busy compared to simpler bookmakers
- •Some promotions have race restrictions
How to Sign Up
- Click the "Claim Ladbrokes Promo" button to go to Ladbrokes.
- Enter promo code RACELAD during registration if prompted.
- Complete identity verification (100 points of ID).
- Make your first deposit (minimum $10).
- Place bets on selected races to qualify for money back 2nd and 3rd.
Ladbrokes vs other bookmakers
How Ladbrokes compares for bonus bets, horse racing coverage, odds and more. Scores out of 5.
| Criteria | Ladbrokes | Neds | swiftbet | Palmerbet | TAB |
|---|---|---|---|---|---|
| Bonus Bets / Sign-up Offer | 4/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| Horse Racing Coverage | 5/5 | 5/5 | 4/5 | 5/5 | 5/5 |
| Odds Quality | 5/5 | 4/5 | 4/5 | 5/5 | 5/5 |
| App & User Experience | 4/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| Live Streaming | 4/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| Ongoing Promotions | 5/5 | 5/5 | 4/5 | 5/5 | 4/5 |
| Customer Service | 4/5 | 4/5 | 4/5 | 5/5 | 4/5 |
| Payout Speed | 4/5 | 4/5 | 4/5 | 4/5 | 5/5 |
Ladbrokes vs Competitors
Ladbrokes vs Neds: Ladbrokes leads on ongoing racing value (money back 2nd and 3rd) and often on odds; Neds has a simpler sign-up and slicker app. Ladbrokes vs TAB: TAB has unrivalled streaming and tote; Ladbrokes competes on fixed odds and promotions. Ladbrokes vs Sportsbet: Both are strong for racing; Ladbrokes' money-back place offer is a key differentiator. For horse racing, Ladbrokes is a top pick for odds and place-focused promotions.
Frequently Asked Questions
- Is Ladbrokes legal in Australia?
- Yes. Ladbrokes Australia is licensed by the Northern Territory Racing Commission and complies with Australian gambling laws. Only 18+ customers in Australia can open an account.
- What is the current Ladbrokes promo code?
- Use RACELAD when signing up to access new customer offers and the money-back 2nd and 3rd promotion. Check the Ladbrokes website for the latest terms.
- How long do Ladbrokes withdrawals take?
- Ladbrokes typically processes withdrawals within 1–3 business days. Verify your account to avoid delays.
- Does Ladbrokes offer best tote?
- Yes. Ladbrokes offers Best Tote and Best Tote + on selected races for competitive returns.
- Is there a Ladbrokes mobile app?
- Yes. Ladbrokes has iOS and Android apps with full racing, sports, and live streaming. The app is functional and feature-rich.
Responsible Gambling
Race.com.au supports responsible gambling. If you or someone you know has a gambling problem, free support is available 24/7. Call Gambling Help on 1800 858 858 or visit gamblinghelponline.org.au. Set deposit limits, take breaks, and use self-exclusion tools if needed. Never chase losses. Our bookmaker reviews are for informational purposes; please bet within your means.
18+ Only. Gamble Responsibly. Think! About your choices. Call Gambling Help on 1800 858 858 or visit www.gamblinghelponline.org.au. T&Cs apply. gamblinghelponline.org.au. Call 1800 858 858 for 24/7 support. T&Cs apply to all offers.
Racing Betting Analyst
This Ladbrokes review was prepared by Race.com.au's editorial team. We compare odds, racing coverage, and promo codes so you can choose the best bookmaker for your needs.
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