If luck turns against you, betting can turn into an expensive business. That’s when a money back promotion can make all the difference. Read on below to see how this kind of betting promotion works.

Many bookmakers now offer money back promotions, as they are understandably popular with betting site users. The money back promotion can apply in various different situations – usually on the riskier types of bets such as accumulators – and can be compared to an insurance policy which guards against bad luck in your betting.

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 nil-nil draw, the bookmaker refunds your stake. This is great news for disappointed fans.

There are many other types of money back promotions, which may apply to a variety of sports and situations. Some refunds are given simply for playing every week. It is important to note that the refund is almost never in the form of cash, but rather given as credit to use on your next bet. There may also be maximum refund and minimum bet conditions, so be sure to read the small print carefully before placing your bet.

Almost every betting site will offer some sort of promotion, and many of them involve getting your money back if your bet narrowly fails to pan out. You can check if your favourite bookmaker offers a money back promotion by visiting their promotions page, or by searching the net.