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 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 'Sports - Money Back as Bonus up to £40 + £10 Casino Bonus' offer from the available offers and not the Racing offer.
If you select the Horse Racing version of the offer instead then you must place all bets on Horse Racing.
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!
= Video Guide Clip (popup)
To make this easier, check the Selections blog where every week we select the best teams for your trigger and free bets.
Choose a bet between 3.0 to 10.0 as explained in the Refund Offers Explained guide.
Change the odds on Unibet to decimal format.
Scroll towards the bottom of the Sports page and you'll see an ODDS FORMAT dropdown menu which you can change to Decimal:
Check the Exchange lay odds aren't drastically higher than the back odds
Firstly, make sure you have the Lay Bets toggle selected at the top of the page:
Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds.
For example, if your bookmaker odds are 2.0, aim for PocketBet lay odds no higher than 2.2.
The next step in your laying process is super important and must be done before placing every lay bet.
Check the maximum stake under the stake box in your PocketBet betslip. This is called liquidity and if this number is not higher than your required lay stake then you will not be able to lay your bet.
Example If you need to lay £20 on the exchange:
PocketBet Liquidity here is £87. GOOD - Fine to lay
PocketBet Liquidity here is only £17. BAD - Do not lay
If the max stake is higher than your required lay stake, you can go ahead and place your bets.
Load up the matched betting calculator and select the Refund Calculator
- Back Stake
- Back Odds
- Exchange Lay Odds
- Lay Commission (PocketBet = 5. Enter 0 if you got 0% commission via Outplayed.com)
- 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%!
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.
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 expires within 7 days so all bets must be settled before the 7 days runs out.
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.
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.
Select 'Normal' in the Calculator as 'bet type'.
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...