Unibet Sign Up Offer (2024) | How to Make £15.00 Profit

Description

Key terms

This promotion is available to GB customers.
You must opt into the racing welcome offer when signing up.
Minimum deposit of £20 via debit card only.
Minimum stake of £20 on any horse racing market.
Minimum odds of 1.40 (2/5).
Your 2 x £10 free bets will be credited within 24 hours of your qualifying bet settling.
The free bets must be used on horse racing only.
The free bet stakes will not be returned with any winnings.
Only bets settled within the bonus validity period of 30 days (to the hour and minute) from when you signed up will count.

Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms at any time, so it’s always worth double-checking.

Account setup

MBB Special: £50 Amazon GIFT CARDS

Every signup via the link below will be entered into a free prize draw to win one of four £50 Amazon gift cards. Winners will be drawn 3rd February 2025. T&Cs apply.

Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.

Deposit £20 using a debit card.
Switch to decimal odds.

Qualifying bet

Check the back odds at Unibet and the lay odds at Smarkets to find a suitable horse racing selection. Your qualifying bet must be placed at minimum odds of 1.40 (2/5).
Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your £20 qualifying back bet at Unibet.
Place your lay bet against the same selection at Smarkets.

Free bets

Your 2 x £10 free bets will be credited within 24 hours of your qualifying bet settling. The free bets must be used on horse racing.
Check the back odds at Unibet and the lay odds at Smarkets to find a suitable horse racing selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your first £10 free back bet at Unibet.
Place your lay bet against the same selection at Smarkets.
Repeat steps 10-13 for your remaining £10 free bet.

Limit your qualifying loss to around £1 as a rough guide, and aim for £16 cash (80%) from your £20 in free bets. Based on those figures, you should make a £15 profit on this Unibet offer.

General advice and example for ‘Bet X, Get Y’ offers

Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.

Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.

See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.

Learn matched betting the free, easy way.

The Matched Betting Academy

Logically structured to tackle strategies and offers as you’re ready for them.
Bag profits every step of the way. About £600 from welcome offers, and another £500 monthly.
Make £15 from your very first offer.

Get Started

Screenshot of the Matched Betting Academy

Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman – Matched Betting Blogger

Since 2014, I’ve blogged over £90,000 worth of profit, and made it my mission to make matched betting accessible to everyone.

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Timothy Dix
0

I don’t understand the Unibet sign up offer. I get the first bit, but assuming the initial bet loses and I restake the £40 bonus bet what happens if this loses? You say to stake this second bet as a money back if bet loses, but I can’t see anything in their sign-up offer to suggest that they are going to keep handing you your £40 back until it wins or has been staked 3 times. As far as I can see, if the second bet loses that’s it. How am I muddling this up?

+0
Reply March 3, 2023 at 6:12 pm
1. Matt
  1531
  
  Hi Timothy,
  
  You treat the qualifying bet as ‘Money Back if Bet Loses‘. That gives you an equal profit no matter the outcome. The only difference is if your bet loses, you have the extra step of converting your bonus into cash.
  
  As you say, the bonus isn’t returned if it loses, so you need to switch from the ‘Money Back if Bet Loses’ setting to ‘Free Bet – Stake returned‘.
  
  I hope that helps.
  
  +4
  Reply March 5, 2023 at 10:16 am
soupz
0

Am I right in understanding that if I place the bonus bet and it wins, I get the £40 stake returned as a bonus and further winnings returned as withdrawable funds? And once this is done three times (presuming I win all three bets on Unibet) the £40 bonus will become withdrawable?

+0
Reply October 3, 2023 at 3:46 pm
1. Matt
  1531
  
  Say, for example, you place the £40 bonus on a selection at odds of 3.00 (2/1).
  
  If your bet wins, you would then have £120 in bonus funds (£40 x 3.00).
  
  You need to wager the bonus three times (3 x £40 = £120), so a further bet of £80 would complete the wagering and make your resulting bonus withdrawable.
  
  I hope that helps.
  
  +0
  Reply October 6, 2023 at 5:09 pm
Yoshi
1

Hi Matt

I’ve completed this offer but I’m struggling with how to work out my actual profit from the offer!

I used the calc on the Free Bet – Stake Returned setting to work out how to lay my bonus bets:

1st £40 bonus bet:
calc said profit was £39.20.
This bet won at bookie so payout was £58.80 (lost -£19.60 at exchange)

2nd £40 bonus bet:
I underlayed this one. Calc said bookie win profit was £40.
This bet won at bookie so payout was £220 (lost -£179.96 at exchange)

3rd £40 bonus bet:
I underlayed this one.
Exchange lay won so profit was £37.20 (lost £40.04 at bookie)

Total now in my Unibet account available to withdraw is £198.80

Thanks in advance if you can help explain this to me!

Mandy

+0
Reply July 7, 2024 at 4:25 pm
1. Matt
  1531
  
  Hi Mandy,
  
  On your first bet, you won £18.80 at Unibet and lost £19.60 at the exchange, resulting in a small loss of £0.80.
  
  On your second bet, you won £180 at Unibet and lost £179.96 at the exchange, resulting in a small profit of £0.04.
  
  On your third bet, you lost £40.04 at Unibet and won £37.20 at the exchange resulting in a loss of £2.84.
  
  Your overall profit is…
  
  £40.00 (bonus) – £0.80 + £0.04 – £2.84 = £36.40
  
  +0
  Reply July 7, 2024 at 8:50 pm
  1. Yoshi
    1
    
    Thank you so much for taking the time to work this out for me – I was driving myself crazy trying to figure it out! Maths is really not my strong point.
    
    Do I have to take into account my QB? The lay stake was £33
    
    +0
    Reply July 7, 2024 at 9:22 pm
    1. Matt
      1531
      
      No problem at all.
      
      So, you lost your £40 qualifying stake at Unibet and won £33 at the exchange, resulting in a loss of £7.
      
      If you deduct that from the £36.40 you converted the bonus into, that’s an overall profit of £29.40.
      
      +1
      July 8, 2024 at 11:57 am
agata
1

We can’t give you a Welcome Offer
Dear Agata,

Sorry, you’re not eligible for a Welcome Offer or any bonuses. Unfortunately, our customer services team cannot change this or offer bonuses on request.

You can still enjoy our amazing odds, exclusive games and awesome jackpots.

Kind regards,

The Unibet Team

+1
Reply October 26, 2024 at 2:41 pm
1. Julia161270zpepf
  0
  
  I had the same.
  
  +0
  Reply November 1, 2024 at 10:15 am