The promotion is available for new and existing customers with registered Paddy Power accounts, aged 18 or over

Money Back as a free bet on all losers in the Caspian Caviar Gold Cup (1.55pm Cheltenham, 16th December) if the winning distance is 4 Lengths or more.

Applies to singles placed pre-race only

Applies to the win part of each-way singles only (up to EUR/GBP 10 win or EUR/GBP 10 each-way)

Your qualifying bet will be your first bet placed on the Win or Each Way Market in the 1.55pm Cheltenham 16th Dec.

In cases where more than one selection is placed on the same bet slip, the selection with the lowest bet reference number will count towards this promotion

Max free bet EUR/GBP 10 per customer per week

Free bet will be available to use on any horse racing market for 7 days from when it is credited.

Free bet stake not included in any subsequent winnings

Free bets will be credited after the race has ended

Applies to all Online, Mobile, Phone, Retail and Text bets

Bets placed with free bets will not qualify for the offer

Cashed out or partially cashed out bets do not qualify

Paddy Power reserves the right, at its discretion, to exclude certain customers from this promotion and to change the terms or availability of this offer at any time

Paddy Power racing rules apply

The full terms and conditions of also apply to this offer CLOSE