There’s another big day of racing at Newbury on Saturday and it’s time for a Unibet money back offer! If our horse finishes 2nd or 3rd in the 13:50 at Newbury, Unibet will refund our stake as a free bet, up to a maximum of £20.00. Translated into matched betting terms, this gives us a potential profit of £14.20 and here’s how…
- We must opt in on the promotion page to be eligible.
- Minimum stake of £1.00.
- Bets placed with a ‘Uniboost’ will not be eligible.
- This offer applies to our first bet on the 13:50 at Newbury on Saturday 13th June 2020.
- A minimum of 5 horses must run.
- If our horse finishes 2nd or 3rd, Unibet will refund our stake as a free bet, up to £20.00.
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you which horse you go for, but it would make sense to select a horse with fairly short odds in the hope of a 2nd or 3rd place finish.
At the time of writing, the lay odds aren’t quite tight enough, so I’ll use fictional lay odds for It’s Good To Laugh in the following example and I’ll update the bottom of the post with an actual selection after the race.
At the time of writing, laying our bet with Betfair gives us the smallest qualifying loss.
Betfair are currently offering new customers 0% commission up to £500 for the first 30 days.
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 stake using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £18.58…
Place £20.00 on It’s Good To Laugh @ 3.00 = Potential profit of £40.00
Lay £18.58 on It’s Good To Laugh @ 3.25 = Potential liability of £41.80
Let’s have a look at our potential profit/loss for the possible outcomes…
|It's Good To Laugh wins||+£40.00||-£41.80||£1.80 loss|
|It's Good To Laugh finishes 2nd or 3rd||-£20.00||+£18.20||+£16.00||£14.20 profit|
|It's Good To Laugh finishes outside top 3||-£20.00||+£18.20||£1.80 loss|
So, we’ll make a nice profit of £14.20 if It’s Good To Laugh finishes 2nd or 3rd and we stand to lose £1.80 on any other outcome. Risking £1.80 to make a profit of £14.20 gives us effective odds of 8.89, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, free bets will be credited within 24 hours. If you’re unsure how to extract £16.00 cash (80%) from a £20.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* This offer was withdrawn, so there was no merit in placing a qualifying bet. *
Get this Unibet money back offer