Description
Place a cash ‘Race Winner’ bet on Friday’s 14:00 Cheltenham and if your horse loses, get your stake refunded as a free bet.
Eligible events
14:00 Cheltenham.
Key terms
Offer availability
First cash bet on the selected race; place within 48 hours of the race starting.Event
14:00 Cheltenham on Friday, 13th March 2026.Market
'Race Winner' only; no ante-post or specials.Required stake
Exact stake shown in your pop-up (£1–£50).Qualifying bet
Single cash bet; only the win part of an each-way counts.Reward
Free bet matching your stake (up to £50) if your horse loses; credited within 24 hours of settlement (allow up to 48 hours).Free bet expiry
7 days.Minimum odds
1.01 (1/100) when using the free bet.Stake returned
Not returned.Restrictions
Only your first qualifying bet counts; no cash-out, void or cancelled bets; free bet cannot be used on each-way, multiples, forecasts or tricasts; cannot be combined with other bonuses; in-store bets excluded.
Tips for this offer
Based on a £10 version of this offer, aim for a profit of £5.50 on this Virgin Bet offer.
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.