Money back offers refund your stake, usually as a free bet, if your bet loses under a set condition. They are one of the most popular ongoing sports promotions.
A money-back offer returns your stake when a specific scenario plays out, for example your horse finishes second to the SP favourite, your first bet loses, or your team leads and draws. The refund is commonly a free bet up to a stated amount rather than cash.
Typical triggers include a first bet losing, a specific in-play scenario, or a named market outcome. The qualifying market, maximum refund and whether it pays cash or a free bet all vary by bookmaker, so read the offer before you back it.
Money-back offers reduce the downside on a single bet, which makes them useful on markets you were going to back anyway. Check the maximum refund and the free-bet expiry so you do not leave value on the table.
Most money-back offers refund your stake as a free bet, though some pay cash. The offer terms state which, along with the maximum refund.
Refunded free bets usually expire within a few days of being credited. Check the expiry in the offer terms so you do not lose it.
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