There’s a big day of ITV Racing on Saturday and you don’t want to miss this Unibet free bet offer! Simply bet on any ITV race in the 15 minutes before the scheduled start time and if we back the winner, Unibet will match our stake with a free bet, up to £20.00. Translated into matched betting terms, this gives us a potential profit of £35.00+ and here’s how…
Key Terms:
- Minimum stake of £5.00.
- Qualifying bets must be placed on the selected ITV races in the 15 minutes before the scheduled start time.
- Qualifying bets must be placed at odds of 2.00 (evens) or greater.
- If our selected horse wins, Unibet will match our stake as a free bet, up to £20.00.
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.
This offer is available on the following ITV races on Saturday 23rd February 2019…
| Races |
|---|
| 13:50 Kempton |
| 14:05 Lingfield |
| 14:25 Kempton |
| 14:40 Newcastle |
| 15:00 Kempton |
| 15:15 Lingfield |
| 15:35 Kempton |
It’s entirely up to you which horses you place your qualifying bets on. We won’t know what odds are available until 15 minutes before the off, so I’ll use fictional odds for Secret Investor (6/4) in the 13:50 at Kempton and I’ll update the bottom of the post with some actual selections after the races.
We know that if our horse wins, we’ll be able to extract 80% cash from the £20.00 free bet we’ll receive. We can therefore add 0.80 to the back odds to get our effective odds…
At the time of writing, laying our bets at Smarkets is likely to give us the smallest qualifying losses.
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 £25.58…
Place £20.00 on Secret Investor @ 2.50 = Potential profit of £30.00
Lay £25.58 on Secret Investor @ 2.60 = Potential liability of £40.92
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Extracted | Profit/Loss |
|---|---|---|---|---|
| Secret Investor wins | +£30.00 | -£40.92 | +£16.00 | £5.08 profit |
| Secret Investor doesn’t win | -£20.00 | +£25.06 | £5.06 profit |
So, regardless of the outcome, we’ll make a guaranteed profit of £5.06.
This offer is available on all seven ITV races on Saturday, so depending on the odds that are available, we could make an overall potential profit of £35.00+!
I’ll update the following table with some actual selections after the races…
| Race | Selection | Back Odds | Lay Odds | Profit |
|---|---|---|---|---|
| 13:50 Kempton | Secret Investor | 2.10 | 2.22 | £1.15 |
| 14:05 Lingfield | Encore d’Or | 3.25 | 3.55 | £1.16 |
| 14:25 Kempton | – | – | – | – |
| 14:40 Newcastle | Just Your Type | 8.00 | 8.80 | £1.76 |
| 15:00 Kempton | Tokay Dokey | 12.00 | 13.00 | £2.27 |
| 15:15 Lingfield | – | – | – | – |
| 15:35 Kempton | Talkischeap | 5.00 | 5.40 | £1.85 |
If eligible, free bets will be credited within 24 hours of our qualifying bets settling and will be valid on horse racing for 7 days. Free bet stakes are not included in any returns.
If you’re unsure how to extract £16.00 cash (80%) from the £20.00 free bets, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
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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.