Money Back Specials

Money back specials are a promo offered by certain online sportsbooks that can be very lucrative for players that take advantage of them.  I received an email today (the day of writing this) with a money back special on the first Manchester United vs Chelsea match of the EPL season.

In order to explain what a money back special is and how to best use it I’m going to use the example I received.

Example

The sportsbook is promoting the money back special as a free $50 in-play bet on the Manchester United vs Chelsea game.  If you place any pre-match bet on the Manchester United vs Chelsea match then your first in-play bet will be refunded (up to the amount of your pre-match bet with $50 max) if it loses.  I think of this as a money back special type of offer because if your in-play bet loses you receive the money back.

You can probably see by now how great an offer this is.

Guarantee a Profit

You are even able to easily guarantee a healthy profit with this offer if you use it correctly.  For this exact example I will be setting my alarm for kick-off so I don’t miss the opportunity to place this free in-play bet.

Here is one simple way to guarantee a profit using the double chance and 1×2 lines:

Place a $50 pre-match bet on (Manchester United or Chelsea) at odds of 1.33.  Then early in the match place a 3-way bet on a draw at odds of 3.40.

If either team wins your $50 bet pays out $66.50 and your in-play bet is refunded, leaving you with a $16.50 profit.

If the game ends in a draw your $50 pre-match bet loses, but your $50 in-play bet wins $170, leaving you with a $70 profit.

It’s a win, win situation!

Important

There are many different ways to place your bets.  You could even wager $50 on Manchester United pre-match and another $50 on Man U in-play and simply have $100 riding on Manchester United for the price of $50.

No matter what you decide it is absolutely crucial that you do not forget to place your in-play bet.  Otherwise the promotion loses all of it’s value.

Other Money Back Specials

The example listed above is just one type of money back special that provides a great deal of value for bettors.  Another money back special that sportsbooks offer is refunds on bets made on games that end in 0-0 draws.  There are several different money back specials offered by online sportsbooks and it is important that you always read the terms & conditions in order to ensure that you fully understand how to take advantage of the promotion.