Description
Opt in and place a £5+ single bet on Wednesday’s 13:20 Cheltenham, and if it loses, you’ll receive a £5 free bet.
Eligible events
13:20 Cheltenham.
Key terms
Opt-in required
Click ‘OPT IN’ before placing your first bet.Offer availability
00:00 until race-off (13:20) on Wednesday, 11th March 2026; one use per customer.Event
13:20 Cheltenham on Wednesday, 11th March 2026.Minimum stake
£5+.Qualifying bet
First settled pre-race single win-only bet of the day; no each-way, ‘Bet Builder’, Bet Boost, void or cash-out bets.Reward
£5 free bet, credited within 2 hours of settlement if the qualifying bet loses; expires after 1 day; usable on horse racing only; stake not returned with any winnings.Restrictions
One qualifying bet and one £5 free bet per customer.
General advice and example for ‘Money back if bet loses’ offers
Place your ‘Money back if bet loses’ bets at high odds to maximise your profits. Use the ‘Money Back if Bet Loses’ setting on the Matched Betting Calculator to calculate your lay stakes. In the ‘Cashback’ field, you should enter the amount of your cash refund or the amount you expect to convert if the bookmaker pays your refund as a free bet or bonus.
You can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.
See my Money back if bet loses guide for a complete walkthrough of this offer type.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.