Description
Place a bet on Tuesday’s 15:40 Royal Ascot, and if your horse loses, get your stake refunded as a free bet.
Eligible events
15:40 Royal Ascot.
Key terms
Offer availability
Place your first cash bet between 15:40 on Sunday, 14th June 2026 and 15:40 (race-off) on Tuesday, 16th June 2026.Market
'Race Winner'.Required stake
Exact stake shown on login (£1–£50).Qualifying bet
Single pre-race bet; win part of an each-way counts; ante-post and specials excluded.Minimum odds
1.01 (1/100).Reward
Money back as a free bet matching your stake (£1–£50) credited within 24 hours of settlement.Reward use
Valid for 7 days; usable on any market as a single selection or accumulator; free bet stake not returned with winnings.Restrictions
Free bet cannot be used on each-way, forecasts or tricast bets.
Tips for this offer
Based on a £10 stake, aim for a profit of around £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.