£40.00+
Potential Profit
£55.60
Actual Profit

ITV Racing 15 to Go Offer – Unibet


Posted by Matt (administrator) Matt
Start Time: 05/06/2020 13:50

There’s a big schedule of ITV Racing on Friday, Saturday and Sunday 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 £40.00+ 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 this weekend…

RaceDate
13:50 NewmarketFriday 5th June 2020
14:05 LingfieldFriday 5th June 2020
14:25 NewmarketFriday 5th June 2020
14:40 LingfieldFriday 5th June 2020
15:00 NewmarketFriday 5th June 2020
15:15 LingfieldFriday 5th June 2020
15:35 NewmarketFriday 5th June 2020
--
13:50 NewmarketSaturday 6th June 2020
14:05 NewcastleSaturday 6th June 2020
14:25 NewmarketSaturday 6th June 2020
14:40 NewcastleSaturday 6th June 2020
15:00 NewmarketSaturday 6th June 2020
15:15 NewcastleSaturday 6th June 2020
15:35 NewmarketSaturday 6th June 2020
--
13:50 NewmarketSunday 7th June 2020
14:05 HaydockSunday 7th June 2020
14:25 NewmarketSunday 7th June 2020
14:40 HaydockSunday 7th June 2020
15:00 NewmarketSunday 7th June 2020
15:15 HaydockSunday 7th June 2020
15:35 NewmarketSunday 7th June 2020

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 Brando (13/8) in the 14:25 at Newmarket 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…

2.625 + 0.80 = 3.425

At the time of writing, laying our bets at Betfair is likely to give us the smallest qualifying losses.

Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.

Banner showing the zero commission sign up offer from Betfair

Banner showing the zero commission sign up offer from Betfair

If you’re an existing Betfair customer, you can opt in to pay just 2% commission by selecting their Basic reward plan.

For more information about My Betfair Rewards and how to opt in, please see my Betfair 2% Commission page.

We can calculate our lay stakes 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 £24.64…

Unibet logo

Place £20.00 on Brando @ 2.625 = Potential profit of £32.50

Betfair logo

Lay £24.64 on Brando @ 2.80 = Potential liability of £44.35

Outcomes:

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

OutcomeBookieExchangeExtractedProfit/Loss
Brando wins+£32.50-£44.35+£16.00£4.15 profit
Brando doesn't win-£20.00+£24.14£4.14 profit

So, regardless of the outcome, we would make a guaranteed profit of £4.14.

This offer is available on all seven ITV races on Friday, Saturday and Sunday, so depending on the odds that are available, we could make an overall potential profit of £40.00+!

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 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.

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

RaceSelectionBack OddsLay OddsProfit
Friday 13:50 NewmarketSwindler3.503.90£1.71
Friday 14:05 LingfieldCorvair4.004.40£1.48
Friday 14:25 NewmarketOxted4.004.20£12.50 *
Friday 14:40 LingfieldMiss Yoda2.002.30£4.08
Friday 15:35 NewmarketGhaiyyath2.002.10£8.39 **
Saturday 13:50 NewmarketFar Above4.504.80£1.72
Saturday 14:05 NewcastleDaarik3.003.25£3.06
Saturday 14:25 NewmarketTerebellum2.002.20£5.18
Saturday 14:40 NewcastleWithhold4.3334.60£1.97
Saturday 15:15 NewcastlePalace Pier2.102.40£3.89
Sunday 14:05 HaydockFanny Logan2.002.80£5.17
Sunday 14:25 NewmarketDavydenko3.503.75£2.59
Sunday 14:40 HaydockLord North4.004.20£2.50
Sunday 15:00 NewmarketTrefoil5.505.80£1.36

* Oxted won the race at starting price odds of 4.50 (7/2), resulting in a profit of £12.50 courtesy of Unibet’s Best Odds Guaranteed promotion.

** Ghaiyyath won the race at starting price odds of 2.10 (11/10), resulting in a profit of £8.39 courtesy of Unibet’s Best Odds Guaranteed promotion.

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