Royal Ascot 2021 is here and you don’t want to miss this Unibet ’15 to Go’ offer! Simply bet on any Royal Ascot 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 £50.00+ and here’s how…
Key terms
- Minimum stake of £5.00.
- Applies to bets placed on all Royal Ascot races in the 15 minutes before the scheduled start time.
- Minimum odds of 2.00 (evens).
- 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
This offer is available on all 35 races at Royal Ascot 2021.
I’ll take you through a worked example below anyway, but for more information about ‘Back a Winner’ type offers and a walkthrough of how they should be done, please see my Bet365 4/1 Offer guide.
If you’d like more information about qualifying bets and how they work, please see my qualifying bets guide.
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.
Battaash is favourite to win the 15:40 on Tuesday at back odds of 2.875 (15/8). I’ll use lay odds of 3.10 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 each 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…
2.875 + 0.80 = 3.675
Using my Matched Betting Calculator, we simply enter 3.675 as our back odds instead of 2.875 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 stakes using my Matched Betting Calculator…
As you can see, the calculator tells us that our lay stake should be £18.67…
Place £20.00 on Battaash @ 2.875 = Potential profit of £37.50
Lay £18.67 on Battaash @ 3.10 = Potential liability of £39.20
Outcomes
Let’s have a look at our potential profit/loss for the possible outcomes…
So, we’ll make a nice profit of £14.30 if Battaash wins, otherwise we’ll lose £1.71. Risking £1.71 to make a potential profit of £14.30 gives us effective odds of 9.36. So, given that Battaash is odds of just 2.875 (15/8) to win the race, this is a profitable offer in the long run.
We won’t find a suitable selection for every race, nor should we be aiming to bet on every race. It’s best to be selective, but with 35 races to go at, there’s an overall potential profit of £50.00+ up for grabs on this Unibet 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 at the end of each day…
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cannonball
2Love!! Finally got one. So many 2nd’s.
Matt
1529Congrats!
IT
Guest userMy technique on these is to overlay to make it risk free – depending on the closeness of the odds you may lose £5 if your back bet wins but then have a £20 free bet to use. At 80% retention that’s £11 profit and if your horse loses you lose nothing!
Matt
1529Yep, nothing at all wrong with that approach if you’re keen to eliminate the qualifying losses.
JOSEPHPOISON
0How do you work out how much you’d lose if your back bet wins from an overlay? Am I able to use the overlay function directly from the calculator to input my overlay or do I have to manually increase the back odds by 75%? (In this case I’m not sure how to calculate how much I’d lose on the initial bet if the back wins…)
cannonball
2Use the calculator, overlay, then see back Total. Does all the work for you.
Matt
1529You need to manually increase your odds Joseph and the calculator will show you the numbers.
For the ‘If back (bookie) bet wins’ figures, the bookie profit includes the £15 you’re expecting to convert your £20 free bet into. So you can just deduct that from the total to see where you’ll be at prior to converting your free bet.