Potential
£37.48
 
Guaranteed
- -
 
My Profit
£13.52

Unibet Offer – Euro U21 Championship & Confederations Cup 2017


Posted by Matt (administrator) Thu, Jun 15, 2017 03:06pm Matt
Start Time: 16/06/2017 18:00

There’s no major tournament featuring the home nations this summer but the European U21 Championship and Confederations Cup 2017 will keep us going and Unibet are getting in on the action! Place a bet of £25.00+ on the outright market for a team to win the European U21 Championship and/or the Confederations Cup 2017 and Unibet will give us a £5.00 free bet for every match our selected teams win at the tournaments. Translated into matched betting terms, this gives us a potential profit of £37.48 and here’s how…

Unibet Offer - Euro U21 & Confederations Cup 2017

Qualifying Bets:

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.

Qualifying bets must be placed before each respective tournament gets underway. The European U21 Championship kicks off at 18:00 on Friday 16th June 2017 and the Confederations Cup kicks off at 16:00 on Saturday 17th June 2017.

We must place a single bet of £25.00 or more on the Outright Winner market for each tournament. We’ll then receive a £5.00 free bet for every game that our selected teams win throughout the tournaments. If our team progresses in the knockout stages via extra time or penalties, this will be counted as a win for the purposes of this promotion.

It’s entirely up to you who you place your qualifying bets on. Having looked at the odds available for the Confederations Cup, I’ve opted to place my qualifying bet on Chile.

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

You can find the Tournament Outright markets via the following link trails…

Smarkets > Football > Outright > European U21 Championship Winner 2017
Smarkets > Football > Outright > FIFA Confederations Cup Winner 2017

We can work out our lay stake by entering our odds into my matched betting calculator…

Back Bet (Bookie)

%

Lay Bet (Betting Exchange)

%

Min £
Max £
Lay stake required: £
Bookie
Exchange
Cashback
Total
If back (bookie) bet wins
£
£
£
= £
If lay (exchange) bet wins
£
£
£
= £

Total profit: £

Optimal Underlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

Optimal Overlay

Lay stake required: £
Exchange liability: £

If back (bookie) bet wins: £
If lay (exchange) bet wins: £

As you can see, the calculator tells us that our lay stake should be £22.98…

Unibet logo

Place £25.00 on Chile @ 3.75 = Potential profit of £68.75

Smarkets logo

Lay £22.98 on Chile @ 4.10 = Potential liability of £71.23

Let’s have a look at our potential profit/loss for the two outcomes…

Chile win + £68.75 – £71.23 = £2.48 loss
Chile don't win - £25.00 + £22.52 (£22.98 minus 2% commission) = £2.48 loss

So, regardless of the outcome, we’ll lose £2.48 in qualifying for our potential free bets.

Having looked at the odds available for the European U21 Championship, I’ve opted to place my qualifying bet on England at back odds of 11.00 and lay odds of 10.50 for a maximum qualifying loss of £0.04.

Free Bets:

For every match that Chile and England win, we’ll receive a £5.00 free bet within 48 hours of them winning. Free bets must be used on either tournament and the free bet stakes are not included in any returns.

There are 3 group matches and 2 potential knockout rounds at each tournament. If Chile and England win all 5 of their potential matches, we’ll receive £50.00 in free bets. Using straightforward matched betting we should be able to extract 80% of our free bets as cash, so £40.00. If we take into account our maximum total qualifying loss of £2.52, this gives us a potential profit of £37.48 on this Unibet offer!

* Chile and England both won two matches in their respective tournaments, meaning I made a profit of £13.52 on this Unibet offer. *

Comments


  1. coladuna

    Can’t find any close odds.

    1. Timmy

      Same, looking at around £4 minimum QL each

  2. happyhomer

    I can’t find any good odds either. Note: this is a double edged sword because the free bets have to be used on football tournaments too so even if you get some free bets the odds you’ll get to extract them are likely to be just as crap as your qualifying odds so i think 80% extraction is a bit optimistic. Probably only worth doing if the liquidity picks up before kick off for the first match.

  3. Khaled

    Did everyone opt into this offer first?

    1. Colin

      Nope. I missed that bit. Just emailed customer services and they told me where to go.

      Doh.

  4. richard wiseman

    going to lay after 1st game just to get closer odds

    1. Matt

      It’s always a risk Richard as there are no guarantees which way the odds will go.

  5. Alex

    Chile are at 3.75 / 3.95 (smarkets) atm for a QL of £1.50

    1. Matt

      Nicely done Alex.

  6. Matt

    Can we get on these mid tournament or have I missed the boat?

    1. Matt

      I’m afraid you’ve missed the boat mate.

  7. richard wiseman

    layed after 1st game as chose spain and got lay odds for 3.75 so profit is £4.55.am doing the same for portugal in conf cup.i know its a risk but as these teams are high profile its a risk to take.

  8. Bill

    Anyone got their FB for confed cup games yet?

    1. Col

      No mate I haven’t. Just emailed their customer support chasing it. Let me know if you get yours.

    2. Col

      Just got mine credited 🙂

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