Money Back Bets

Money Back Bets are a bookmaker promotion where your stake is refunded if certain conditions are met. These refunds can be given as cash, which is withdrawable, or as a free bet that must be used on another wager.

For example, if a bookmaker offers a "Money Back if Your Team Loses in Extra Time" promotion, and your team loses in extra time, you would receive your stake back. Similarly, in horse racing, a promotion might state "Money Back if Your Horse Finishes 2nd," meaning that if your selection comes in second, you get a refund. Some bookmakers also offer "Risk-Free Bets," where your first bet is refunded if it loses, up to a certain amount.

These offers can help reduce risk for bettors, but they often come with terms and conditions, such as wagering requirements on free bets, meaning you may need to place additional bets before you can withdraw any winnings.