Money Back Promotions - Get A Cash Or Free Bet Refund
Money back betting promotions, otherwise referred to as cashback offers, are among the many deals that online betting sites now provide. They do exactly what you would expect, which is to allow you to get your stake back if you lose a bet.
Like with acca insurance, punters love this type of promotion because it is an element of consolation if you get unlucky and your bet does not win.
Some money back offers remain on betting sites for a long time, such as the Bet365 Bore Draw Money Back Offer, whereas others pop up around certain events and need something specific to happen in order for your bet to qualify for cashback.
Money back betting sign up offers are among the best welcome bonuses you can get as a new customer, especially if you get the stake back as cash.
Best money back betting site
£20 Backup Bet
BWin offers new customers a £20 "Backup Bet", which basically equates to a free bet if your first bet loses. To qualify players must place a 3-leg or more accumulator, with each selection at minimum odds of 1/2+. If the bet loses, you get that £20 backup bet.
£40 Money Back
+ £10 Casino Bonus
Unibet have the biggest money back sign up offer on the market with their £40 bonus deal. Place your first bet at odds of 2/5+ and get your stake back up to £40 if you lose. Not only is this deal great, but their sportsbook is one of the very best out there.
Types of money back offer
The money back promotion can apply in various different situations – both for single bets and for the riskier types of bets such as accumulators – and can be compared to an insurance policy that guards against bad luck in your betting.
Bookmakers are becoming more and more creative with their betting promotions, so new formats are popping up all of the time, but below are some of the cashback deals you can expect to see on online sportsbooks.
- Money Back Welcome Offer
Whether this is marketed as money back or a risk-free bet, these types of betting sign up offers are largely the same and allow you to get a refund if your first bet loses. Some bookies will give you your stake back as cash, whereas others will credit it as a free bet.
- Money Back If You Lose
The most simple money back is one where you get a refund if your bet doesn't win, with no other stipulations. This is usually only the case for money back welcome offers, but it can be for special existing customer promotions around big events too.
- Money Back If 0-0
One example of a money back promotion is a no goals scored refund on football betting. If you have wagered on a certain score but the game ends in a 0-0 draw, the bookmaker refunds your stake. A number of bookmakers have implemented offers like this, including Bet365.
- Money Back If Something Specific Occurs
Whether it is football, horse racing, or any other sport, many promos can pop up across betting sites in which you get your money back if you bet on an event, and 'x' happens in that event. For example, the fixture could be Manchester United vs Liverpool, and you get your money back on all losing bets if Mohamed Salah scores. Look out for these deals on betting sites, as they can come at any time.
- Horse Racing Money Back Offers
Horse racing is a great sport for money back offers, and there are various circumstances that bookies could use as a way to give cash back. A common deal is a free bet if 2nd, meaning if you back a horse and it finishes in second place you get your stake back as a free bet. You could also get your money back if the favourite wins or if your horse falls in a jump race.
Coral have various racing money back offers on their betting site.
- Acca Insurance
Lots of punters love placing an acca on the weekend's football, and thanks to the many acca insurance promotions that are on betting sites, there are opportunities to get your stake returned if one leg lets you down. While this is a money back offer, it is somewhat of a category of its own, and you can read more about it on our acca insurance page.
Which betting sites offer money back promotions?
Every top betting site has a breadth of betting promotions, and the very best bookmakers have a selection of money back offers as part of their range of deals.
Some have longstanding money back deals, whereas others instead list them from time to time. Just because a bookie doesn't have many cashback offers on display right now, that does not mean they will not have one soon.
But in recent times, the below online betting sites have been the best when it comes to money back promotions.
Top 10 Money Back Betting Sites
- Betway - Matched free bet offer
- Betfair - Acca Edge
- Paddy Power - Regular money back deals
- SBK - Generous welcome bonus
- Unibet - £40 money back welcome offer
- Bwin - Free bet up to £10
- Bet365 - Lots of football deals
- Coral - Racing money back offers
- BetVictor - Run For Your Money bonus
- Betfred - Seasonal insurance promotions
Money back betting sites
Bet £10 Get £10 in Free Bets
*New customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. First deposit matched up to £10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card deposits only (exclusions apply). Free bet will expire 7 days after the 1st deposit. 18+. BeGambleAware.org. Bet The Responsible Way. Full Terms apply.
Bet £5 Get £20 in Free Bets
New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly
Bet £5 Get £20
In Free Bets
18+, UK & Ireland only. New Customer offer YSKARZ. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £20 in free bets. Free bet rewards valid for 30 days. Only deposits via Debit Cards will qualify for this offer. T&Cs apply. Please Gamble Responsibly Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply. Please Gamble Responsibly.
Bet £10 Get £30 in Free Bets
New UK, IE & Malta customers only. Min £10/€10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5 and get £10. Further £10 credited after 7 days and a further £10 credited after 14 days. 18+. BeGambleAware.org. Full T&Cs apply.
£40 Money Back
+ £10 Casino Bonus
18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit Unibet.co.uk for full T&C's.
£20 Backup Bet
18+ | New UK players only | Min deposit req. £10 | Certain deposit methods excluded | Place 1 sport bet (3+ selections) | Excl Horse Racing | Min stake £10 | Max stake £20 | Min Odds 1/2 (1.5) for each selection | Max FreeBet £20 for football only | FreeBet valid for 7 days | FreeBet stake not returned | T&Cs apply
Bet £10 Get £30 in Free Bets
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. T&Cs, time limits and exclusions apply.
Bet £5 Get £20 Free Bet
18+ New UK & ROI Customers only. Min deposit 5. Min first 5 bet at minimum odds 1/2 to qualify for 1x 20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Bet £10 Get £40 in Free Bets
18+ New customers only. Opt in, bet £10 on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Card payments only. T&Cs apply, see below. begambleaware.org | Please gamble responsibly
Bet £10 Get £40 in Bonuses
New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.