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ITV Racing 15 to Go Offer – Unibet

There’s another big schedule of ITV Racing on Monday and you don’t want to miss this Unibet ’15 to Go’ offer! Simply bet on selected ITV races 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 £25.00+ 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.
  • To be eligible, we must click the ’15 to Go’ button that appears on our betslip after entering our stake.
  • If our selected horse wins, Unibet will match our stake as a free bet, up to £20.00.

Qualifying bets

The Unibet ’15 to Go’ promotion is very similar to the Bet365 4/1 offer.

If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.

This offer is available on the following four ITV races on Monday 28th December 2020…

13:30 and 15:07 Catterick
13:50 Leopardstown
14:45 Limerick

It’s entirely up to you which horses you place your qualifying bets on, though we won’t know what odds are available until 15 minutes before the off.

Mick Maestro is favourite to win the 13:30 at Catterick at back odds of 3.25 (9/4). I’ll use lay odds of 3.50 to illustrate how this offer works and I’ll update the table at the bottom of the post with some genuine selections at the end of the day.

Either exchange works for this offer

Betfair and Smarkets are both great options for this offer. If you’ve not used one of them, now is a great time to give them a try.

  • Money back as cash up to £20
  • 0% commission for 60 days

Option 1:

We know that if our horse wins, we’ll be able to convert our £20.00 free bet into 80% cash. We can therefore add 0.80 to the back odds to get our effective odds…

3.25 + 0.80 = 4.05

Using my Matched Betting Calculator, we simply enter 4.05 as our back odds instead of 3.25 and lay the amount shown. Overlaying like this is fine, but the guaranteed profits are likely to be small.

Option 2:

Our second option is to lay our bets as normal and hope some of our horses win for bigger profits.

We can calculate our lay stake using 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 £18.68…

Unibet logo

Place £20.00 on Mick Maestro @ 3.25 = Potential profit of £45.00

Betfair logo

Lay £18.68 on Mick Maestro @ 3.50 = Potential liability of £46.70

Outcomes

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

OutcomeUnibetBetfairFree BetProfit/Loss
Mick Maestro wins+ £45.00– £46.70+ £16.00£14.30 profit
Mick Maestro loses– £20.00+ £18.30£1.70 loss

So, we’ll make a nice profit of £14.30 if Mick Maestro wins, otherwise we’ll lose £1.70. Risking £1.70 to make a potential profit of £14.30 gives us effective odds of 9.41. So, given that Mick Maestro is odds of just 3.25 (9/4) to win the race, this is a profitable offer in the long run.

This offer is available on four ITV races on Monday, giving us an overall potential profit of £25.00+ on this Unibet ’15 to Go’ offer!

If eligible, free bets will be credited within 2 hours of the weigh-in 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 convert your £20.00 free bets into £16.00 cash (80%), please see my free bets guide for a walkthrough of how it should be done.

I’ll update the following table with some actual selections after the races…

RaceSelectionBack OddsLay OddsProfit/Loss
13:30 CatterickMiss Heritage3.003.20£1.51 loss
14:45 LimerickOff You Go5.005.30£1.44 loss

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.