Paddy Power's recently had some competition when it comes to money back offers on racing. A number of leading UK bookies offering their own money back specials, refunding losing bets on horses that finish second in their races.
Not to be outdone, Paddy Power has just launched a new daily racing special that beats anything they've had on offer previously.
If your horse finishes 2nd, 3rd or 4th to the SP favourite in a qualifying race, Paddy Power will refund your losing single as a free bet. This offer will be available on two races every day.
Basically, this means if your horse places in the top four and the SP favourite wins, you get your money back! It's a great option for races where you're backing a longer shot against a very strong favourite.