The European Darts Championship 2018 gets underway on Thursday and Unibet are getting in on the action! Simply place an in play bet of £20.00+ on the darts at odds of 2/1 or greater and if our bet wins, Unibet will give us a free bet equal to our stake, up to a maximum of £20.00. Translated into matched betting terms, this gives us a potential profit of £60.00+ and here’s how…
Key Terms:
- Qualifying bets must be placed in play on the European Darts Championship 2018, which takes place between Thursday 25th October 2018 and Sunday 28th October 2018.
- Minimum stake of £20.00.
- If our in play bet at odds of 2/1 or greater wins, Unibet will give us a £20.00 free bet.
- Maximum of one free bet reward per day.
Qualifying Bets:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.
Qualifying bets must be placed in play at odds of 2/1 or greater, to be eligible.
We won’t know what odds are available until the matches get underway, so I’ve used fictional odds on Simon Whitlock in the following example, to illustrate how this offer might pan out.
We can place our lay bets at Betfair or Smarkets.
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £18.87…
Place £20.00 on Simon Whitlock @ 3.00 = Potential profit of £40.00
Lay £18.87 on Simon Whitlock @ 3.20 = Potential liability of £41.51
Outcome:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Simon Whitlock wins | + £40.00 – £41.51 + £16.00 (extract 80% from £20.00 free bet) = £14.49 profit |
| Simon Whitlock doesn’t win | – £20.00 + £18.49 (£18.87 minus 2% commission) = £1.51 loss |
So, if Simon Whitlock wins, we’ll have made a profit of £14.49. If Whitlock doesn’t win, we’ll have made a loss of £1.51. Risking £1.51 to make a profit of £14.49 gives us effective odds of 10.60. So, given that Whitlock is odds of just 3.00 to win the match, this a profitable offer in the long run.
We are able to claim a maximum of one free bet per day during the 4-day tournament.
If eligible, our £20.00 free bets will be credited within 48 hours. Free bet stakes are not included in any returns.
If you’re not sure how to extract 80% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
NOTE: If you would prefer to lock in a small guaranteed profit on these bets, you can simply add 0.80 to your back odds to account for the 80% cash we are able to extract from the £20.00 free bet, should our bet win.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.