Description
Place a £10+ bet on Tuesday’s 14:30 Royal Ascot and, if it loses, get a £5 horse racing free bet.
Key terms
Offer availability
Place your bet before 14:30 on Tuesday, 16th June 2026; one free bet per customer.Event
14:30 Royal Ascot on Tuesday, 16th June 2026.Minimum stake
£10+ (£5 each-way accepted).Minimum odds
2.00 (Evens).Qualifying bet
First pre-race single; bet must lose to unlock the reward.Reward
£5 free bet upon settlement of the losing qualifying bet.Reward use & expiry
Valid for 7 days; free bet to use on horse racing only; stake not returned with winnings.Restrictions
No in-play bets or multiples; only bets on this race count.
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.