Ever placed a bet feeling sure it was a winner, only for things not to go your way?
It happens to the best of us — but Paddy Power might have just the thing to ease the sting.
Enter the Money Back Token. This handy little feature is a favourite among many punters, offering a second chance when luck’s not on your side.
But what exactly is it, and how can you use it to your advantage?
Let’s walk you through everything you need to know about Paddy Power’s Money Back Token — what it is, how it works, and how to make the most of it, all while keeping things fun and responsible.
What Is a Money Back Token on Paddy Power?
A Money Back Token is a great little perk for horse racing fans. It gives you a chance to get your money back — as a free bet — if your horse finishes within the designated places but doesn’t win.
You can get up to £10 back, which makes it a nice bit of reassurance on your selections.
The best bit? You’re in charge. You choose which eligible race to use your token on. Just select your race, pick your horse, and apply the token in your bet slip.
It’s a simple way to enjoy a second chance without the added pressure — designed to keep the excitement alive, even if the result doesn’t go your way.
How Money Back Tokens Work
Using a Money Back Token is straightforward and designed to give you peace of mind.
Here’s how it works:
- Select an eligible race
- Choose your horse
- Apply your token to the bet slip
If your horse finishes in the qualifying places, your stake (up to £10) is refunded as a free bet.
You can see if you have any available tokens in the ‘Active Free Bets’ section of the app, or look out for banners and pop-ups when browsing the site.
Some tokens are valid for any horse race, while others are restricted to specific events. They’re valid on singles only — so no multiples or accumulators here.
Important to remember:
- If you cash out your bet, the token won’t be returned
- Dead heat rules apply and can impact whether you receive your refund
- If the result is amended, your free bet will only be credited once the outcome is confirmed
- Tokens are used based on expiry or race eligibility, so keep an eye on those dates to get the most value from them
How To Use Your Money Back Token
Using your token is as easy as placing a regular bet.
- Pick the horse you fancy and add it to your bet slip
- Click on the yellow ‘Money Back’ box
- Once applied, the full button turns yellow and shows the key terms and conditions
And that’s it — you’re good to go.
If something doesn’t look right, head to the ‘Active Free Bets’ section in your account. There, you can double-check the token’s terms, including any race restrictions or minimum runner requirements.
To track your tokens, visit the ‘Cash & Bonus Balance’ section. It’s a helpful way to stay on top of what’s available for your next flutter.
Power Up Token vs Money Back Token
Paddy Power offers a couple of features to enhance your bets and it’s good to know the difference between them.
- The Money Back Token acts as a safety net. If your horse finishes in the selected places, you’ll get your stake back as a free bet, up to £10. It’s all about minimising risk.
- The Power Up Token, meanwhile, is all about boosting your potential return. It increases the odds of your chosen bet by a set percentage, which is shown at the time you place it.
Power Up Tokens work across a wider range of bet types — including singles, multiples, accumulators, and even bet builders.
So, should you use a Money Back Token or a Power Up Token? That depends on your betting style. If you like a safety cushion, go for the Money Back option. If you’re feeling confident and want a bit of a boost, the Power Up Token is your friend.
Both can add an extra bit of buzz to your betting experience.
Money Back Token FAQs
Just in case you still have questions, we’ve covered some of the most commonly asked ones below.
Do Money Back Tokens Expire?
Yes, they do. Each token has its own expiry date, which is usually shared via pop-ups or notifications. You can also find this in the ‘Active Free Bets’ section of your account, so make sure to check before placing your bet.
Where Can I Find My Money Back Token?
Your token balance is shown in the ‘Cash & Bonus Balance’ area of your account. For full details and usage rules, head to the ‘Active Free Bets’ section in the app.
What Happens If My Horse Is a Non-Runner?
No need to worry. If your horse is declared a non-runner, your Money Back Token will be returned to your account once the bet is voided. You can then use it again on a different selection.
