£40 Refund

£40 REFUND
PROFIT ESTIMATED

£16-£24

TIME ESTIMATED

30 mins

Summary

Deposit Method: Bank Card or Paypal

Trigger Bet: £40

Minimum Odds: 1.4

Bonus If Loses: £40 bonus (expires within 7 days) with £120 wagering requirement.

Bonus Minimum Odds: 1.4

Your Profit: £16-£24

Full Terms: Click Here

Deposit Method: Bank Card or Paypal

Trigger Bet: £40

Minimum Odds: 1.4

Bonus If Loses: £40 bonus (expires within 7 days) with £120 wagering requirement.

Bonus Minimum Odds: 1.4

Your Profit: £16-£24

Full Terms: Click Here

If this is your first Refund Offer, it is recommended to read the Refund Offers Explained guide first!

The Unibet Welcome Offer is very profitable, worth up to £24.

If your £40 horse racing trigger bet loses, you are credited with a £40 bonus (rather than a £40 free bet).

You will need to opt in to the bonus during the sign up process. Make sure to select the 'Racing - Money Back as Bonus up to £40 + £10 Casino Bonus' offer from the available offers and not the Racing offer. This is found on 'Part 1' of the sign up process:


You may need to click View All Offers to find this offer if you have a different promotion shown to you initially.

If you select the Live Sports version of the offer instead then you must place your qualifying bet in-play.

Do not worry about the £40 being credited as a bonus. It is easy to convert the bonus into cash, read on for step by step instructions!

Sign Up To Unibet

SIGN UP TO UNIBET 


video image= Video Guide Clip (popup)

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Receive 7 days of full access for just £1 right here!

Profit Accumulator £1 Trial
Choose a popular league or cup on Unibetvideo image

To make this easier, check the Selections blog where every week we select the best teams for your trigger and free bets.

Choose a horse racing bet between 3.0 to 10.0 as explained in the Refund Offers Explained guide.video image

To view decimal odds rather than fractional odds, click the GIF below 🙂

Check the Exchange lay odds aren't drastically higher than the back odds

Ideally the chosen bet should have the lay bet odds within 10% of the bookmaker odds.

For example, if your bookmaker odds are 3.0, aim for Betfair Exchange lay odds no higher than 3.3.

Check 'Liquidity'

The next step in your laying process is super important and must be done before placing every lay bet.

Check the small £s under the lay odds.  This is called liquidity and if this number is not higher than your required lay stake, do not place the bet as it will not fully match.

Example  If you need to lay £13 on the exchange:

      Betfair Liquidity here is £3945 on the Lay odds (pink).  GOOD - Fine to lay

       Liquidity here is only £10 on the Lay odds. BAD - Do not lay

If the £s under the odds are higher than your required lay stake, you can go ahead and place your bets.

  Using the Offermatcher

Find the best trigger bet

Choose odds between 3.0 to 10.0 as explained in the Refund Offers Explained guide.

Click below for a direct link to the Unibet Offermatcher.

Note the Offermatcher for Unibet has been preset to 3.0 to 6.0. This is because odds of 6.0 to 10.0 will give a large £200 to £350 liability.

However, if you have ample funds in your exchange, you could change the filter to max 10.0 back odds.

Find My Unibet £40 Trigger Bet
Calculator at the ready

Once you have chosen your bet, click the calculator icon on the right of the result:

Load up the matched betting calculator and select the Refund Calculator video image
  • Back Stake
  • Back Odds
  • Exchange Lay Odds
  • Lay Commission (Betfair = 5)
  • Free Bet Award (£40)
  • Free Bet Retention 90% - this will be explained further in this guide below.

If your £40 trigger bet loses, you receive the £40 bonus.

The Unibet bonus is credited as a £40 bonus with 3x wagering requirement (£120).

This means you will need to wager £120 to convert the £40 bonus to withdrawable cash.

To do this, you will use the £40 bonus and place £120 worth of trigger bets (which you lay on the exchange as normal).

On average, if you lose 3% of your £120 bets, this will be a £4 loss.

So you will lose £4 but convert the £40 to cash. So overall, you retain £40 - £4 = £36 of your £40 bonus. This is 90%!

Complete the pre-populated Offermatcher Refund calculator

Select the Refund calculator. Then enter:
- 'back stake' £40
- free bet amount £40
- free bet retention 90%

If your £40 trigger bet loses, you receive the £40 bonus.

The Unibet bonus is credited as a £40 bonus with 3x wagering requirement (£120).

This means you will need to wager £120 to convert the £40 bonus to withdrawable cash.

To do this, you will use the £40 bonus and place £120 worth of trigger bets (which you lay on the exchange as normal).

On average, if you lose 3% of your £120 bets, this will be a £4 loss.

So you will lose £4 but convert the £40 to cash. So overall, you retain £40 - £4 = £36 of your £40 bonus. This is 90%!

Place your £40 Unibet bet video image
Place your exchange lay bet

Use the lay amount from the Refund calculator in Step 2 and enter that into the 'Backer's Stake' on the exchange

Again, do a 'Liquidity' check explained in step 1 to ensure there is enough money available to lay your stake.

Note: In the unlikely event that the liquidity changes as you are placing your lay bet and your bet does not 'fully match', you can use this guide to help resolve this.

Find the chosen bet on the bookmaker website

Click the bookmaker logo next to your chosen bet to load up that exact bet on the bookmaker site.

Place your £40 Unibet bet 
Place your Exchange lay bet

Use the lay amount from the calculator in Step 2 and enter that into the Backer's Stake on the exchange

If your trigger bet wins, the offer is now complete! Because you used the Refund calculator, your bookmaker winnings will be £16 to £24 greater than your exchange liability loss.

If your trigger bet lost, you will have made a £8ish loss from your lay stake being £32ish and your bookmaker bet being £40. Not to worry, as we now make a £30+ profit from the £40 bonus!

The bonus will be credited with the £40 bonus within 24 hours of your trigger bet settling. The bonus expire within 7 days.

Bonus Wagering Explained

To turn the bonus into withdrawable cash, you need to place £120 worth of bets (min odds 1.4) with the £40 bonus.

So you firstly place a £40 back bet using the £40 bonus and lay this as normal.

If your first £40 bet with the bonus loses on Unibet, then great! You haven't lost anything on Unibet, as it was their bonus funds. Whereas you then will win a £38ish lay stake. The offer is now complete for a nice profit! (£38 profit from the bonus, less £8ish from trigger bet)

If your first £40 bet with the bonus win on Unibet, then you will need to place another bet(s) with your bonus until you have reached £120 worth of bets. You can then withdraw the £40 bonus as cash! Overall, you have now made £40, less the £40 trigger bet loss (£8ish) and the losses from £120 worth of bets (£4ish).

Firstly, the minimum odds are 1.4, for definitely place your bet at 1.4 odds or higher.

For your first £40 bet with the bonus

The benefit of choosing higher odds (e.g. 4.0) is that your bet is more likely to lose on Unibet and win on the exchange. This, in effect, 'moves' the bonus from Unibet to the exchange, where you can now withdraw!

The downside of choosing higher odds, is if it wins, then you will have used up some of your exchange balance for the time being. This is because you have now won £100+ on Unibet but lost this on the exchange. You now need to complete the remaining wagering with a lower exchange balance, as the funds are tied up in Unibet.

If your first bet with the bonus wins on Unibet

Then just complete the remaining wagering requirement. Choose low odds and the closest between Unibet and the exchange to minimise your remaining trigger bet loss.

Step 1
Choose a team above the 1.4 min odds for the bonus

For this week's free bet selections, check out the Selections Guide and view the "trigger bet" selections.

Step 2
Select 'Normal' in the Calculator as 'bet type'. 

Enter £40 in the Calculator for the stake as you will be placing the £40 bonus on Unibetvideo image

Step 3
Use the Unibet bonus in the betslip. video image
Step 4
Place a lay bet to remove any risk

Place your lay bet as shown in the Normal calculator.

Check the liquidity is higher than the required stake.

If the £40 bonus lost on Unibet, the offer is now complete, as your profit is now in the exchange!

If the £40 bonus won on Unibet, then repeat place additional bet(s) using the bonus, lay as normal, until you have wagered £120. The £40 bonus then converts to cash, nice!

Once the bonus wagering is complete...

If your trigger bet wins, the offer is now complete! Because you used the Refund calculator, your bookmaker winnings will be £16 to £24 greater than your exchange liability loss.

If your trigger bet lost, you will have made a £8ish loss from your lay stake being £32ish and your bookmaker bet being £40. Not to worry, as we now make a £30+ profit from the £40 bonus!

The bonus will be credited with the £40 bonus within 24 hours of your trigger bet settling. The bonus expire within 7 days.

Bonus Wagering Explained

To turn the bonus into withdrawable cash, you need to place £120 worth of bets (min odds 1.4) with the £40 bonus.

So you firstly place a £40 back bet using the £40 bonus and lay this as normal.

If your first £40 bet with the bonus loses on Unibet, then great! You haven't lost anything on Unibet, as it was their bonus funds. Whereas you then will win a £38ish lay stake. The offer is now complete for a nice profit! (£38 profit from the bonus, less £8ish from trigger bet)

If your first £40 bet with the bonus win on Unibet, then you will need to place another bet(s) with your bonus until you have reached £120 worth of bets. You can then withdraw the £40 bonus as cash! Overall, you have now made £40, less the £40 trigger bet loss (£8ish) and the losses from £120 worth of bets (£4ish).

Firstly, the minimum odds are 1.4, for definitely place your bet at 1.4 odds or higher.

For your first £40 bet with the bonus

The benefit of choosing higher odds (e.g. 4.0) is that your bet is more likely to lose on Unibet and win on the exchange. This, in effect, 'moves' the bonus from Unibet to the exchange, where you can now withdraw!

The downside of choosing higher odds, is if it wins, then you will have used up some of your exchange balance for the time being. This is because you have now won £100+ on Unibet but lost this on the exchange. You now need to complete the remaining wagering with a lower exchange balance, as the funds are tied up in Unibet.

If your first bet with the bonus wins on Unibet

Then just complete the remaining wagering requirement. Choose low odds and the closest between Unibet and the exchange to minimise your remaining trigger bet loss.

Step 1
Click below for a direct link to the Unibet Offermatcher

Note the odds have been set for the Unibet £40 bonus to 1.4 to 3.0.

Should you wish to choose slightly higher odds (as explained in the toggle above), you can change this in the Filter.

Find My Unibet £40 Bonus
Step 2
Choose the bet with low odds and the closest odds

The closest odds between the bookmaker and the exchange will minimise your loss. So a £1 loss will mean you retain £39 of the £40 bonus as profit.

Step 3
Load up the Calculator

Click the calculator icon again. It will correctly preset the calculator to Normal as this is a bonus, rather than a free bet:

 
Step 4
Use the Unibet bonus in the betslip.
Step 5
Place a lay bet to remove any risk

Place your lay bet as shown in the Normal calculator.

Check the liquidity is higher than the required stake.

If the £40 bonus lost on Unibet, the offer is now complete, as your profit is now in the exchange!

If the £40 bonus won on Unibet, then repeat place additional bet(s) using the bonus, lay as normal, until you have wagered £120. The £40 bonus then converts to cash, nice!

Once the bonus has settled...

Congratulations - Risk Free Profit! 

Easy money! If your trigger bet or bonus won in Unibet, then withdraw these winnings.

The profit doesn't stop there!

You can earn £5 every single week from Unibet by completing their Weekly Bet Club offer. Click here to find out more!

Mark the offer as complete and move onto the next offer:

Mark As Complete