Description
Register an account with Unibet, deposit £10+ and place a £1+ sports bet. If it loses, get your money back as a bonus up to a maximum of £40. You’ll receive a £10 casino bonus, no matter the outcome.
Key terms
- Promotion is available to customers depositing via a debit card only.
- Minimum deposit of £10.
- Minimum stake of £1.
- Minimum odds of 1.40 (2/5).
- Bets placed on horse racing, greyhound racing, trotting, and virtual sports will not qualify for this offer.
- If your bet loses, you’ll receive your stake back as a bonus of up to £40.
- Bonus must be wagered 3x before it can be withdrawn.
- Minimum odds of 1.40 (2/5).
- Only bets settled within 7 days of signing up will count towards the rollover.
- £10 casino bonus will be credited the next working day after your first deposit.
- The casino bonus must be wagered 50 times before you can withdraw any winnings.
- The casino bonus will be valid for 7 days.
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
- Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker bet.
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 1st May 2024. 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.
- Register an account with Unibet.
- Deposit £40 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 selection. You must place your qualifying bet at minimum odds of 1.40 (2/5). Look for odds around 5.00 (4/1) and above, as high odds should give you more profit than low odds.
- Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £36 as your ‘Cashback‘ figure as that’s the amount you can expect to convert your £40 bonus into (90%), should your qualifying bet lose.
- Place your £40 qualifying back bet at Unibet.
- Place your lay bet against the same selection at Smarkets.
Sports bonus
- If your qualifying bet wins, you’ll make your profit at Unibet, and you won’t need to place any further bets. If your qualifying bet loses, you’ll receive a £40 bonus.
- Before withdrawing your bonus, you must wager it three times at minimum odds of 1.40 (2/5). That’s £120 worth of bets (£40 x 3). Check the back odds at Unibet and the lay odds at Smarkets to find a suitable selection. Your bonus stake will be returned with any winnings, so keeping your odds low will minimise the funds you need in your Smarkets account.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator and check the ‘Stake returned‘ box to calculate your lay stake.
- Place your £40 bonus back bet at Unibet (valid for 7 days from registration).
- Place your lay bet against the same selection at Smarkets.
- If your bonus bet loses, you’ll make your profit at Smarkets, and you won’t need to place any further bets. If your bonus bet wins, repeat steps 10-13 for the remaining £80 worth of wagering.
Casino bonus
- Wager your £10 casino bonus within 7 days (some slot games are excluded). Wager 50 times to withdraw any winnings.
Aim for a £25 profit on this Unibet offer as a rough guide.
General advice and example for ‘Money back if bet loses’ offers
Place your ‘Money back if bet loses’ bets at high odds to maximise your profits. Use the ‘Money Back if Bet Loses’ setting on the Matched Betting Calculator to calculate your lay stakes. In the ‘Cashback’ field, you should enter the amount of your cash refund or the amount you expect to convert if the bookmaker pays your refund as a free bet or bonus.
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 Money back if bet loses guide for a complete walkthrough of this offer type.
How to complete bonus wagering
Bookmaker bonuses are usually ‘stake returned’, which means you get the bonus stake back if the bet wins. A bookmaker will usually ask you to wager a bonus a certain number of times before you can withdraw it.
When wagering bonuses, you can place them at low or high odds. Low odds enable you to minimise your qualifying losses. However, as your bets are more likely to win, you may have to complete the entire wagering requirement. Higher odds mean higher qualifying losses. However, if you lose your bookmaker balance to your betting exchange account, you won’t need to complete the entire wagering requirement.
See my Bonus Rollover guide for a complete walkthrough of the process.
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.
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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.