Thursday, 9 October 2008

Unibet

I followed an affiliate link to Unibet rather than going to the site directly and discovered that they were offering a 50% deposit up to 30 EUR. I didn't know how this converted to GBP, so I deposited £50 and got a £23.62 bonus.

I identified a sure bet between Paddy Power and Unibet in the ATP Stockholm tournament. The game between Hernandez and Minar had unusually high odds of 3.9 on Unibe, meaning that a bet of £29.64 on Hernandez and a bet on his opponent Minar on Paddy Power of £84.77 at odds of 1.36 is a guaranteed return of £115.60 and a profit of £1.19.
The Paddy Power bet lost, so I made my money with Unibet. I will give the final reckoning in a table at the end of this entry - it's complicated.

This left £43.98 in the Unibet account. I identified a qualifying bet in the American Football fixtures between Pittsburgh and Jacksonville: A £43.98 bet on Pittsburgh at 2.90 with a corresponding lay of £42.80 with Betdaq at 3.0. The actual amounts were £43.97 and £42.66 due to Unibet not allowing me to bet my entire account due to 'insufficient funds' and Betdaq not laying the entire amount.
Pittsburgh upset the form book with a 26 : 21 victory and I won £83.54 with the bookmaker and lost £85.32 with the exchange, an overall loss of £1.78.

I then received an email entitled the 'Friday Freebie' telling me to log on to PartyBets to claim a 20% bonus. Sure enough, when I logged on, the bonus was waiting for me - I got the maximum possible (£25) by depositing £125. I then thought that I may as well use the generous Unibet odds again. to bet through the bonus on PartyBets. Now, for some reason, I was unable to bet the entire amount necessary on Unibet in one single transaction - the bets needed approval - whatever that means. However, all the bets were approved and were broken down into £4.15, £38.16 and £8.46 bets on Hernandez at 3.90. I bet the full £150 on Minar at odds of 1.32.
Against all the odds (well, the 3.90 odds) Hernandez upset Minar in straight sets. My Unibet bets all win. I win £16.19, £148.82 and £32.99 with Unibet and lose £125 (£150 less £25 bonus) with PartyBets.

I received a response to my email question from Unibet support regarding the outstanding bet through amount still to be wagered. They obviously have different bonus programs depending on which affiliate link you follow, because my requirement was still £159. This works out at approximately 12 times the bonus. Fortunately, I was able to identify a sure bet that involved Unibet and allowed me to bet the full amount in one go. The sport was basketball, the bet was Buducnost £160 to win at 1.48. The other two necessary bets were both placed with Ladbrokes. The draw £11.28 at 21.0 and the win for Split CO £59.20 at 4.0. This is an overall investment of £230.48 to win from £236.80 to £236.88, about a £6.40 profit, or 2.77%.
Update: Buducnost won 85 : 68, so my Unibet bet wins AGAIN - they must think I'm psychic.

CompanyMoney InMoney OutProfit
Unibet£50£467.15£417.15
Paddy Power£84.77£0-£84.77
PartyBets£125£0-£125
Betdaq£85.32£0-£85.32
Ladbrokes£70.48£0-£70.48
Total£415.57£467.15£51.58
Overall Profit£337.66

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