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Joshua v Parker Offer – Unibet

It’s Anthony Joshua v Joseph Parker tonight and you don’t want to miss this Unibet offer! Simply place a bet on selected markets for Joshua v Parker and if it loses, Unibet will give us our money back as a free bet, up to £10.00. Translated into matched betting terms, this gives us a guaranteed profit of £5.44 and here’s how…

Qualifying Bet:

The eligible markets include Round Betting, Total Rounds, Alternate Round Betting, Winning Group of Rounds and Alternate Winning Group of Rounds.

If our bet loses, Unibet will refund our stake as a free bet, up to a maximum of £10.00, so this is effectively a risk-free offer. We therefore need to select something with long odds in order to maximise our profit.

Having looked at the odds available, we could place our qualifying bet on ‘Joshua, Anthony – Round 10‘ in the Round Betting market.

I like to place my exchange lay bets with Betfair as they have great liquidity in the run up to races and the site is really easy to use.

We can work out our lay stake by using the ‘Risk-Free Bet’ setting on my matched betting calculator. We can enter £7.50 as our ‘Cashback’ figure as this is the amount we can expect to extract (75%) from our £10.00 free bet refund, should our bet lose…

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 us that our lay stake should be £8.41…

Unibet logo

Place £10.00 on ‘Joshua, Anthony – Round 10’ @ 15.00 = Potential profit of £140.00

Betfair logo

Lay £8.41 on ‘Joshua Round 10’ @ 17.00 = Potential liability of £134.56

Outcomes:

Let’s have a look at our potential profit/loss for the possible outcomes…

Joshua wins in Round 10 + £140.00 – £134.56 = £5.44 profit
Joshua doesn't win in Round 10 - £10.00 + £7.98 + £7.50 (extract 75% from our £10.00 free bet) = £5.48 profit

So, regardless of the outcome, we’ll make a guaranteed profit of £5.44 on this Unibet offer!

If our selection loses, our free bet will be credited on Monday 2nd April 2018. Our free bet will be valid for 7 days and free bet stakes are not included in any returns.

If you’re unsure how to extract 75% cash from a £10.00 free bet, check out my Free Bet Strategy page for a walk-through guide on how it should be done.

The post Joshua v Parker Offer – Unibet appeared first on Matched Betting Blog.

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