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Paddy Power Money Back Tokens - What Are They & How To Use for the Cheltenham Festival

Paddy Power Money Back Tokens - What Are They & How To Use for the Cheltenham Festival

Wednesday 18 February, 20262 min read
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Paddy Power Money Back Tokens provide bettors with their money back on horse racing, if their selection finishes in specified places (often 2nd, 3rd, or 4th).

For the Cheltenham Festival, Paddy Power Money Back Tokens will be available on selected races, giving you some added insurance when betting on the festival.

Don't have a Paddy Power account? Join below and get £30 in free horse racing bets when you bet a fiver.

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New Customer offer - Use promo code YSKAST. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £30 in free bets. Free bet rewards valid for 30 days. Only deposits via Pay by Bank, Debit Cards & Apple Pay will qualify for this offer. T&Cs apply. Please Gamble Responsibly AD

What are Paddy Power Money Back Tokens?

Paddy Power Money Back Tokens provide extra assurance when betting on horse racing, as punters can get their money back if the horse they back to win finishes in the specified placings (often 2nd, 3rd, or 4th).

Example:

You back Smokehouse to Win as a single in the 15:25 at Southwell at 4/1 with £5, and choose to apply your Money Back Token to this selection.

  • Smokehouse wins - you win £5.

  • Smokehouse finishes, 2nd, 3rd, or 4th - you get your £5 stake back as a free bet thanks to your Money Back Token.

  • Smokehouse finishes outside the top four - your bet loses.

How to Get Money Back Tokens for the Cheltenham Festival

Paddy Power will credit your account with a Money Back Token as and when the promotion is live.

To see if you have any Money Back Tokens available, look at the banners on the Paddy Power website, as well as checking the 'My Bonuses' section when logged in to Paddy Power.

If you have a Money Back Token that you'd like to use, make sure to tick the yellow box marked 'Money Back' before placing your racing bet, to ensure the promotion has been applied.

Paddy Power Money Back Token Rules

There are a few rules you need to know to ensure your racing bet qualifies for Paddy Power's Money Back Token, such as:

  • Money Back Tokens apply to single pre-race win bets and the win part of each-way bets

  • Each Money Back Token will have an expiry date, so be sure to check for this

  • Money Back Tokens cannot be used in conjunction with another offer

  • If you cash out or partially cash out your bets placed with a Money Back Token, the token will not be returned or refunded.

  • Money is returned as a Free Bet, credited to your account

  • Best Odds Guaranteed does not apply to Money Back Tokens

Paddy Power Money Back Tokens for horse racing apply to single pre-race win bets, as well as the win part of pre-race each-way bets.

This depends on the Token, as minimum odds can change. The minimum odds (if there is any) will be clear to view when using the token.

Again, this depends. Some Money Back Tokens are applicable for a selected race, while others may have a set expiry, 7 days for example.

It will say on your token how long you have before the token expires.

If the horse you use your Money Back Token on turns out to be a non-runner, your Money Back Token will be returned to your account to spend again.

If you cash out, or partially cash out, your Money Back Token bet, the token will not be returned or refunded.