The Betfair ‘Money Back If Your Horse Goes Odds On In-Play And Loses’ offer is a horse racing promotion which is available daily at Betfair Exchange.
This offer is available on selected horse races and meetings and you’ll find all eligible races listed on the promotion page on the Betfair Exchange website. There is usually one eligible race per day and a full meeting on a Saturday.
Qualifying for the offer is easy. You simply need to back a horse in any of the eligible races. Then, should the odds of your horse (based on the Betfair Exchange odds) drop below evens (2.0) whilst the race is taking place, you will receive your stake back if your selection doesn’t win.
The maximum refund you can receive per race is £10 and all refunds are credited as cash which makes this a great offer.
One important term to take note of is that your qualifying bet must be placed on the Win market on Betfair Exchange and that your bet must be matched at odds of 4.0 or greater.
Should you place more than one bet on an eligible race, only the first bet will qualify for the promotion. If you place more than one bet at the same time, the bet with the lowest reference number will count.
Be aware that any lay bets placed against your qualifying back bet will void the offer as will cashing out any bets.
This is a simple yet very attractive offer for those who place horse racing bets on a betting exchange. You’re usually able to get higher odds for your bets on betting exchanges compared to with a bookmaker and so if you haven’t registered at Betfair yet, be sure to click on one of the buttons on this page to create an account.
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