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Unibet – Money Back Offer (14:20 Cheltenham)

There’s a big day of racing at Cheltenham on Saturday, and you don’t want to miss this Unibet offer! Place a bet on the 14:20 Cheltenham, and if your horse finishes 2nd or 3rd, Unibet will refund your stake as cash, up to £10.00. Translated into matched betting terms, this gives you a potential profit of £8.98 and here’s how…

Key terms

  • Applies to bets placed from 09:00 on the day of the race.
  • Opt-in via the bet slip required.
  • Applies to your first bet on the advertised race only.
  • Applies to win singles and the win part of each way bets.
  • Minimum stake of £1.00.
  • A minimum of five (5) horses must run.
  • This offer cannot be used in conjunction with the ‘Uniboost’ offer.
  • Money back as cash up to £10.00 if your horse finishes 2nd or 3rd.
  • If eligible, your cash refund will be credited as soon as possible, within 24 hours.

Qualifying bet

Please see my ‘Qualifying Bets Guide‘ if you’d like more information about them and how they work.

It’s entirely up to you which horse you go for, but it would make sense to select a horse with relatively short odds in the hope of a 2nd or 3rd place finish.

At the time of writing, ‘Ga Law‘ is available at back odds of 7.50 (13/2) and lay odds of 8.20.

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.

  • 2% commission for all new signups
  • 0% commission for 60 days

You can calculate your lay stake using my Matched Betting Calculator.

Select bet type

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 you that your lay stake should be £9.17.

Unibet logo

Place £10.00 on ‘Ga Law’ @ 7.50 = Potential profit of £65.00

Betfair logo

Lay £9.17 on ‘Ga Law’ @ 8.20 = Potential liability of £66.02

Outcomes

Let’s look at your profit/loss for the possible outcomes.

OutcomeUnibetBetfairCashbackProfit/Loss
Ga Law wins+ £65.00– £66.02£1.02 loss
Ga Law finishes
2nd or 3rd
– £10.00+ £8.98+ £10.00£8.98 profit
Any other outcome– £10.00+ £8.98£1.02 loss

So, you’ll make a profit of £8.98 if Ga Law finishes 2nd or 3rd. Any other outcome, and you’ll lose £1.02. Risking £1.02 to make a potential profit of £8.98 gives you effective odds of 9.80, which I’m sure you’ll agree, makes this a profitable offer in the long run.

If eligible, your cash refund will be credited as soon as possible, within 24 hours.

* Ga Law won the race, resulting in a £1.02 loss on this Unibet offer. *

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.