Description
Place a £5+ ‘Race Winner’ bet on Tuesday’s 14:30 Royal Ascot and if it loses you’ll get a £5 free bet to use on horse racing.
Key terms
Opt-in
Click 'OPT IN' before placing your bet.Offer availability
From 00:00 until 14:30 on Tuesday, 16th June 2026.Event & market
14:30 Royal Ascot on Tuesday, 16th June 2026 – 'Win'.Required stake
£5+.Qualifying bet
Only your first settled pre-race single win bet after opt-in qualifies; no each-way, popular 'Bet Builder' or boosted selections.Reward
£5 free bet credited within 2 hours upon settlement if the qualifying bet loses.Free bet use
Horse racing only; valid for 1 day; stake not returned with winnings.Restrictions
One free bet per customer.
Read full terms .
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.