Money back betting offers

Due to the rising popularity, the money back offer is accessible at most major bookmakers. Money back incentives can apply to a variety of sports, but the money back assurance offers are often found on risky gambles. These types of wagers for money back deals are usually accumulators and can be regarded as coverage in the event that you lose all your wager.

Types of Money Back Offers

There are several types of money back offers and each of them has a different way of functioning. While some of the rules depend on the bookmaker that you choose, others are sports-specific.

In the next segment, we will talk about the different types of money back offers and how you can make the most of each. More importantly, we'll talk about which money back bets give you a higher chance of winning, or managing your losses rather.

Just like any other feature or promotion that sports betting sites offer, money back promos also come with terms and conditions. You should always go through the specific terms and conditions of a money back offer before betting on it.

Money back welcome offer

Providing welcome bonuses is one of the oldest and most reliable ways for online sports betting platforms to draw customers. As the competition increases in the online sports betting space, platforms are battling each other to give the best welcome bonuses. As consumers, we should make the most of it.

Many online sports betting sites offer money back promos as a welcome offer. That gives you a cushion for your first few bets (more in some cases). If you want to reap the benefits of the money back feature, look for sports betting platforms that offer money back promos as a part of its welcome bonus. At the same time, do not undermine the importance of other welcome bonuses while chasing the money back bonus.

Money back if you lose

Money back if you lose is the simplest and most straightforward application of the money back promo. It simply states that if your bets fail to win, you get the wager amount back. But depending on which bookmaker you use to place bets, there might be certain rules and regulations. In some horse racing events, for example, you get the money back only if your pick finishes in the top 4.

When you opt for money back if you lose, you get a cushion which you can fall back on in case your bets go completely wrong. If you are starting out with sports betting, the money back if you lose is a great offer.

Money back if no goal draw (bore draw)

While football matches are generally exciting, some matches can go without a single goal scored on either side. It is not a desirable outcome for both bookmakers and bettors. But when it does happen, bookmakers generally have specific rules to deal with the situation. In case of money back if no goal draw, you get your stake back if no goal is scored in the match. Remember that this doesn't apply to draws, that is, if the score is 1-1. It only works when neither side has scored a single goal.

Horse racing money back offers

Horse racing money back offers are nothing different from general money back offers, but they only apply to horse racing events. Depending on which event and bookmaker you choose, specific money back rules apply. In most cases, there is a threshold up to which you can claim money back. For example, you may get your wager back if your pick finished in the top 5 or top 10.

Acca insurance

Acca insurance is a sportsbook offering that provides coverage on accumulator bets in various sports, including football. When only one pick wins and the remaining loses, you don't lose the entire stake. Instead, it's paid back to you through free wagers, incentives, and in some cases, cash. Unlike other money-back incentives, you will not receive a cash refund for your wager. It's important to note that acca insurance isn't the same as money-back deals. It's a different type of offer that only applies to accumulator bets. Accumulator insurance can help both expert and inexperienced bettors.

Money back offers FAQs

Here are answers to some of the most common questions about money back betting offers.

Is money back the same as acca insurance?

No, they are not the same. Acca Insurance is commonly available on football accumulator wagers, and it pays out if one of the sides in your accumulator loses. The money-back is usually in the form of free bets, but it can also be in the form of cash, which is a significant benefit.

Do I get money back even if my bet wins?

No, you get your money back only if your picks fail to win the bet for you.

Is there a maximum wager for money back offers?

Yes, the maximum wager for money back offers depends on the sportsbook you choose.

Which are the best sports for money back offers?

Some of the best sports for money back offers are football, boxing, and horse racing.

How does money back as cash work?

In money back as cash, if your pick finishes 2nd, 3rd, or 4th you will get your stake back.

Verdict of money back betting offers

As you can see, money back offers are a great way for new bettors to ease into the betting world. Even when it comes to experienced bettors, money back is a great way to aim for high winnings while having insurance for it.

We hope this guide answers most of your questions about money back betting offers. Once you learn how to make the most of this offering, your online sports betting experience will become much better.