Cashback and money-back betting specials are becoming popular and it isn’t hard to see why.
These promos act like an insurance policy of sorts that award refunds or free plays to bettors when they make certain wagers such as accumulators and other higher odd bets.
Various sportsbooks put a different spin on these money back sports promos but they all work in very much the same manner. If you fall just short, the sportsbook will reimburse you for the amount of your wager.
Of course, different refund limits and conditions apply. Let’s take a closer look at some of these promotions and see how these incredible offers work at some of the most reliable and trusted sportsbooks around the world.
Money Back on No Goals Scored
Sharp handicappers know that there is money to be made by betting correct scores in soccer matches. A quick look at the payouts for predicting exact scores shows that the odds commonly exceed 5-1 which makes this type of bet very attractive to soccer bettors. In order to bolster the profile of this kind of betting, several top betting sites offer their customers money back specials on these bets.
A great example is found at William Hill. They offer “Bore Draw Insurance” in which punters who place exact score or double result wagers will be given refunds if the game results in a scoreless tie. This offer only applies to pre-match betting and not to live play bets and the cash back limit is £50.
So if you place a £50 bet on Team A to beat Team B by a score of 2-1 and the outcome is a scoreless draw, then you will receive a credit for one £50 free bet. This gives punters a little more confidence to go after those higher odd bets.
Best Sports Money Back and Cashback Promotions:
GET UP TO 55% CASHBACK ON MULTIPLESGet cashback on your tickets even if they fail.
Your cashback amount can be as big as 55% on multiples with at least 4 choices.
BUNDESLIGA SPECIAL 25 EUR REFUNDPlace a bet on the correct score in the German 1. Bundesliga fixture. If it ends with a 0:0 score line, we will refund 50% of your stake as free bet token, up to 25 EUR.
20 mBTC Lost Bets BackPlace minimum 1mBTC sportsbet and if you lose, change lost bet into freebet in the Mines Freebet promotion.
10% BACK ON TENNIS LOSSES UP TO £25Get 10% back on In-Play tennis losses every week, up to £25 in free bets.
Free bets will be credited on the Monday after the week has ended at Midday.
MONEY BACK ON HORSE RACESPlace a bet on the advertised Evening All Weather race.
If your horse finishes 2nd or 3rd to the SP Favorite get back your stake as a Free Bet up to £25 per race (min. stakes of £1 or currency equivalent).
BONUS POINTS FOR PLACED BETSBonus points are awarded when you place bets and can be converted into funds in your main betting account.
You get $10 as cashback bonus for every 500 bonus points you earn, to be paid in your account currency without any restrictions.
MOBILE €350 CASH BACK BONUSBet via LSbet Mobile version.
Get a CashBack bonus as a free bet equal to 10% of total amount of your bet losses on sports up to €350.
Only one CashBack bonus per player, per day.
WEEKLY €1000 CASH-BACK BONUSThe CashBack is equal to 10% of the total amount of customer's Net Deposits in Sports.
The minimum CashBack amount is €10 Euro and the maximum €1,000.
Only one CashBack bonus per player, per week.
CASH2CODE CASHBACKTop up your account via the Cash2code payment system.
Get 5% to 15% cashback as a promo code.
You can receive cashback once a day.
20% UP TO 500€ CASHBACKPlace a single, pre-match, 1X2 bet on soccer with a minimum stake of 20€.
Get 20% up to 500€ cashback for soccer bets every weekend.
100% CASHBACK ON ACCUMULATORSPlace accumulators with seven or more bets, pre-match and live, on any sports.
If one of the bets in your accumulator loses, your stake will be refunded.
THE MATCH ENDS AT 88'!The offer is valid only for the live bets in soccer, lost after the 88th minute.
Bet refund is limited to £50 per losing bet that was winning until the 88th minute.
The refund can be claimed once per day.
£10 MONEY BACKSign up today and deposit £10 or more.
Place a sports bet of up to £10.
If the bet is lost, receive up to £10 money back as a FreeBet.
£10 MONEY BACK AS A FREE BETDeposit £10 or more.
Place a sport bet of up to £10.
If the bet is lost, you’ll get up to £10 back as a FreeBet.
10% WEEKLY CASHBACK BONUSThe bonus amount is equal to 10% of the net amount of the player's losses in the Sport section.
The minimum CASHBACK amount is €20 and the maximum is €500.
SPORTS LOYALTY MONEY-BACK BONUSPlace Your Bets and at the end of each week, if you ended up negative, get back 10% of the lost bets.
The minimum amount to be given back as a FREE BET is 10€/£/$ and the maximum is 150€/£/$. Maximum amount per Single FREE BET is 25€/£/$.
WEEKLY CASHBACK BONUS UP TO €500The bonus amount is equal to 10% of the net amount of the player's losses in the Sport section.
The minimum CASHBACK amount is €20 and the maximum is €500.
Only one CASHBACK bonus is available per player, per week.
20% CASHBACK ON WEEKEND LOSSESPlay in your favorite games on weekends.
In case of loss request a 20% cashback.
The minimum amount of the bonus is €5 and the maximum €500.
MONDAY 10% COMBO CASHBACKBenefit each Monday from 10% bonus for all your Combo bets, regardless of whether your bet won or lost.
Receive a 10% cash-back of up to 25 Euro.
The cash-back bonus is valid for all sports and live betting.
ACCA PROTECTION REFUND UP TO £50Only football straight accumulator win bets qualify, of 5 or more football selections.
Qualifying bet must be for a minimum £5 stake.
Maximum refund is £50.
RISK FREE BET UP TO $10Place bets on any sporting event with up to $10.
If the bet was unsuccessful, you will get the MONEY BACK to your account.
AUTOMATIC CASH REFUND ON HORSE RACINGPlace any bet on UK & Irish racing.
Losing bets are refunded if horses refuse the start, fail to come out or lose all chance at the stalls.
Money-back on Losing Accumulators
Bwin offers a similar “insurance” package on accumulators. Many punters love to put together multi-team parlays. They also know how much it stings to miss a nice fat payout by one game. Now when they place a bet on a parlay with five or more legs, Bwin will refund the wager amount if the accumulator misses by one game. Taking advantage of this promotion will certainly soothe the sting.
The rules are simple. Put together a five-game soccer accumulator using 3-way results that have minimum odds of 1.50. If you happen to hit all five games then you can celebrate and collect money back free bet. If one game lets you down then you will be credited a free bet in the amount of the original wager up to £50.
If you miss by 2 or more games then you are out of luck. These ACCA Insurance bonuses must be used within 7 days of being issued or they will be forfeited. This offer does not apply to those who are using a free play to make their bet.
Money-back on Horse Finishing Second
Watching horses run around an oval track can be boring. Of course, it is very exciting when you have a little action riding on one of them. Horse racing has been a popular event to bet on for many years and it is about to get even more popular. Online bookmakers have been offering money back second place bonuses that make it more appealing to bet on your favorite nag to win.
Betway’s second place money back offer is almost too good to pass up. Punters just need to pick a horse and place a minimum bet of £5 to win. If their horse pulls through for them and wins then it’s business as usual.
However, if their horse comes in second place then Betway will award the bettor a free play in the amount of the original wager up to £25. This type of sports promotion is available at many other online sportsbooks that offer horse betting but the terms and conditions are different.
Bookmakers usually offer these cash back bonuses on select races only and many of them require that your horse needs to finish second to the starting price favorite. That means that if your horse finishes second to any other horse besides the starting favorite then the second place cash back refund will not apply.
Be sure that you are familiar with the conditions that apply to these promotions at your sportsbook. It should also be noted that some bookmakers also have these same promotions on greyhound races.
Paddy Power always seems to be in thick of things when it comes to promotions. They know that cricket is one of the most widely followed sports in the world and they have a cash back betting special on cricket bets. If your cricket team loses after scoring 175 or more runs in a T20 game that is broadcast on Sky Sports, Paddy Power will refund your wager up to £25. The refund does not apply to bets laid using free bets.
Ladbrokes is always in the fray as well. They can always be counted on to offer any type of bonus scheme that is available at the competition and they did just that with their Euro 2016 money back offer. Keep your eyes peeled for similar hot promotions that are regularly offered at Ladbrokes.
There are several variations of these sports betting money-back offers on losing bets. One such promotion is Coral’s “Golf Insurance” promotion. If a punter places a four-fold 3-ball or 2-ball accumulator on a PGA Tour or European Tour tournament, the player will receive a free bet of up to £25 if their parlay falls one short.
Coral also offers this type of offer on basketball accumulators and they have put a bit of a twist on Premier League soccer. With the soccer promotion, Coral will refund your bet amount if your play is winning at the 85-minute mark but ends up losing. These refunds come in the form of bonuses so they are subject to terms and conditions so be sure to read the rules closely.
These money back promotions allow sports bettors to take chances at big payouts with a little more confidence. Close doesn’t just count in horseshoes anymore.
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