It’s Chelsea v Tottenham in the Premier League today and Unibet are getting in on the action! Simply place a £10.00+ pre-match bet on Chelsea or Tottenham to win and if our chosen team wins, Unibet will give us a £5.00 free bet! Translated into matched betting terms, this gives us a potential profit of £3.21 and here’s how…
Qualifying Bet:
We must opt in to this offer to be eligible.
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
To qualify, we must place a pre-match bet of £10.00+ on either Man City or Chelsea to win.
It’s entirely up to you which team you go for. Having looked at the odds available, we could place our qualifying bet on Chelsea.
I like to place my exchange lay bets with Betfair as they have great liquidity and the site is really easy to use.
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 £9.96…
Place £10.00 on Chelsea @ 2.40 = Potential profit of £14.00
Lay £9.96 on Chelsea @ 2.46 = Potential liability of £14.54
Let’s have a look at our potential profit/loss for the possible outcomes…
| Chelsea win | + £14.00 – £14.54 + £3.75 (extract 75% from £5.00 free bet) = £3.21 profit |
| Chelsea don’t win | – £10.00 + £9.46 (£9.96 minus 5% commission) = £0.54 loss |
So, if Chelsea win, we’ll have made a profit of £3.21. If Chelsea don’t win, we’ll have made a loss of £0.54. Risking £0.54 to make a profit of £3.21 gives us effective odds of 6.94. So, given that Chelsea are odds of 2.40 to win the match, this a profitable offer in the long run.
If eligible, our £5.00 free bet will be available within 24 hours of the match ending. Free bet stakes are not included in any returns.
If you’re not sure how to extract 75% cash from a free bet, please see my Free Bet Strategy page for a walk-through guide on how it should be done.
* Tottenham won the match 3-1, resulting in a loss of £0.54 on this Unibet offer. *
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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.