The Open Championship 2019 tees off on Thursday morning and Unibet are getting in on the action! They’re giving customers a 50% each way profit boost to use on the Outright Winner market, plus a £5.00 free bet when we bet £10.00 in play! Translated into matched betting terms, this gives us a guaranteed profit of £8.70 and here’s how…
Key Terms:
- Our profit boost bet must be placed on the (Winner) Open Championship 2019 market.
- Our profit boost will be visible in our betslip once we have selected a player and checked the each way box.
- Our profit boost is only available until 06:35 (first tee-off) on Thursday 18th July 2019.
- Maximum stake of £20.00 and maximum winnings of £1,000.00.
- Once the action gets underway, if we bet £10.00 in play, Unibet will give us a £5.00 free bet.
Profit Boost:
Unibet are paying 7 places on the Open Championship 2019, so this is also an extra place offer. If you’re unfamiliar with extra place offers, please see my Extra Place Offers page for a walk-through guide on how they should be done.
Once we’ve added an each way selection to our betslip, the profit boost will boost our odds by 50%.
Having looked at the odds available, we could place our bet on Justin Thomas.
At the time of writing, the back odds are 31.00 (30/1), so we need to work out what our new odds will be once the 50% profit boost has been applied…
31.00 – 1.00 (stake) = 30.00
30.00 * 1.50 (50%) = 45.00
45.00 + 1.00 (stake) = 46.00
Laying our bet at Smarkets gives us the biggest guaranteed profit.
We can calculate our lay stakes using the ‘Extra Place‘ setting on my each way calculator.
As you can see, the calculator tells us that our ‘Win’ and ‘Place’ lay stakes should be £13.54 and £12.22 respectively…
Place £10.00 each way on Justin Thomas @ 46.00 = Potential profit of £540.00
Lay £13.54 on Justin Thomas ‘Winner’ @ 34.00 = Potential liability of £446.82
Lay £12.22 on Justin Thomas ‘Top 5 Finish’ @ 8.20 = Potential liability of £87.98
Outcomes:
Let’s have a look at our profit/loss for the potential outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Thomas wins | + £450.00 + £90.00 | – £446.82 – £87.98 | £5.20 profit |
| Thomas places 2nd 3rd 4th or 5th | – £10.00 + £90.00 | + £13.26 – £87.98 | £5.28 profit |
| Thomas places 6th or 7th | – £10.00 + £90.00 | + £13.26 + £11.97 | £105.23 profit |
| Thomas finishes outside top 7 | – £10.00 – £10.00 | + £13.26 + £11.97 | £5.23 profit |
So, we stand to make a potential profit of £105.23 if Justin Thomas finishes 6th or 7th. Any other outcome and we’ll make a guaranteed profit of £5.20 on the first part of this Unibet offer!
Free Bet:
Once the Open Championship gets underway at 06:35 on Thursday 18th July 2019, if we bet £10.00 in play, Unibet will give us a £5.00 free bet.
Our free bet will be credited once our qualifying bet has settled and will be valid for 7 days. Free bet stakes will not be included in any returns.
By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 free bet, so £4.00. If we can keep our qualifying loss down to around £0.50, this gives us a guaranteed profit of £3.50 on the second part of this Unibet offer!
* Justin Thomas finished tied 11th, resulting in a profit of £8.73 on this Unibet 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.