£25.00
Potential Profit
£5.58
Actual Profit

ITV Racing 15 to Go Offer – Unibet


Posted by Matt (administrator) Matt
Start Time: 03/10/2020 13:40

There’s a big schedule of ITV Racing on Saturday and you don’t want to miss this Unibet ’15 to Go’ 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 £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 ITV races on Saturday 3rd October 2020…

13:40, 14:10, 14:45 and 15:20 at Newmarket
13:55, 14:30, 15:05 and 15:25 at Redcar

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 Mac Ailey (2/1) in the 13:55 at Redcar and I’ll update the bottom of the post with some actual selections after the races.

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.

Option 1:

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

3.00 + 0.80 = 3.80

We simply enter 3.80 as our back odds instead of 3.00 and lay the amount shown on the calculator. 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 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 £18.87…

Unibet logo

Place £20.00 on Mac Ailey @ 3.00 = Potential profit of £40.00

Betfair logo

Lay £18.87 on Mac Ailey @ 3.20 = Potential liability of £41.51

Outcomes:

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

Outcome Bookie Exchange Free Bet Profit/Loss
Mac Ailey wins +£40.00 -£41.51 +£16.00 £14.49 profit
Mac Ailey doesn't win -£20.00 +£18.49 £1.51 loss

So, we’ll make a nice profit of £14.49 if Mac Ailey wins, otherwise we’ll lose £1.51. Risking £1.51 to make a profit of £14.49 gives us effective odds of 10.60. So, given that Mac Ailey is odds of just 3.00 (2/1) to win the race, this is a profitable offer in the long run.

ITV are covering 8 races on Saturday, 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 walk-through of how it should be done.

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

Race Selection Back Odds Lay Odds Profit/Loss
13:55 Redcar Mac Ailey 2.25 2.48 -£2.08
14:10 Newmarket Moonlight In Paris 3.50 3.85 -£2.09
14:30 Redcar Rum Runner 4.00 4.10 -£0.79
14:45 Newmarket Peaceful 4.333 4.70 -£1.86
15:05 Redcar My Oberon 2.25 2.50 -£2.22
15:20 Newmarket Urban Artist 2.375 2.52 +£14.62

Comments


  1. bettingbitz

    1

    I went for the max profit route, option 2. Failed on all 3 favourites 🙂 I assume if I do option 1, each time I earn approx £2 hence the £25 profit overall for the day?

    +0
    Reply
    1. Matt

      337

      Depending on the odds, you could lock in a profit of somewhere between £2.00-£7.00 per race. It’s unlikely you’ll find favourable odds on every race though.

      The potential profit of £25.00 was just based on hitting a couple of winners and incurring a couple of small qualifying losses.

      +1
      Reply

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