There’s a big day of racing at Leopardstown today and you don’t want to miss this Unibet Money Back Special! If our horse finishes 2nd or 3rd in the 15:35 at Leopardstown, 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 £13.04 and here’s how…
Qualifying Bet:
We must opt-in to this promotion to be eligible.
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.
Having looked at the odds available, we could place our qualifying bet on Djakadam.
I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.
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 £18.99…
Place £20.00 on Djakadam @ 8.50 = Potential profit of £150.00
Lay £18.99 on Djakadam @ 9.00 = Potential liability of £151.92
Let’s have a look at our potential profit/loss for the possible outcomes…
| Djakadam wins | + £150.00 – £151.92 = £1.92 loss |
| Djakadam places 2nd or 3rd | – £20.00 + £18.04 + £15.00 (extract 75% from our £20.00 free bet) = £13.04 profit |
| Djakadam finishes outside top 3 | – £20.00 + £18.04 = £1.96 loss |
So, we’ll make a nice profit of £13.04 if Djakadam places 2nd or 3rd and we stand to lose a maximum of £1.96 on any other outcome. Risking £1.96 to make a profit of £13.04 gives us effective odds of 7.65, which I’m sure you’ll agree, makes this a profitable offer in the long run.
If eligible, free bets will be credited within 48 hours of the race finishing.
If you’re unsure how to extract 75% of a £20.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.
* See my Horse Racing Offers page for a full list of money back offers available today! *
* Djakadam finished in 3rd place, resulting in a profit of £13.04 on this Unibet offer. *
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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.