Bet365 4/1 Offer: Unlimited Risk Free Bets on ITV-televised and other selected horse races

Bet365 are one of our very favourite bookmakers and as well as their main £200 welcome bonus they also offer never ending free bets to racing fans who back a winner at odds of 4/1 or more in any televised ITV or ITV 4 race or specified feature race. This is the perfect betting offer for Cheltenham Festival and other big race meetings. Also check out our main Horse Racing Betting Offers and Bonuses article.

Bet365 4/1 Risk Free Bets for Backing Winners at 4/1 or More in Select Races

Bet365’s long running 4/1 horse racing offer is a never ending supply of risk free bets for racing fans and if you like betting on the horses the 4/1 offer means Bet365 should be your first choice.

The 4/1 offer applies to all live, televised ITV races and select feature races on days where there are none shown on ITV or ITV 4. Just place a winning bet at odds of 4/1 (based on the SP after deductions) or more online or via mobile and you’ll get a free bet for the next ITV/feature race.

The risk free bet will be to the same value as your previous winner with a maximum risk free bet of £50 per race and the free bet winnings will exclude the stake. The risk free bet must be placed on the next eligible race using your own funds but if your bet loses the stake will be refunded to your account shortly after the race.

With Bet365 also offering loads of other great offers and promotions for horse racing fans, including Best Odds Guaranteed, a Price Promise against their main rivals and loads of live streaming of races so you can watch online, Bet365 really is one of the very best bookies around for horse racing fans.

*Please note that country restrictions apply, and this offer is only available in the UK and Ireland.

Bet365 4/1 Racing Offer At a Glance

  • Back a winner at 4/1 or more and get a risk free bet
  • Odds relate to SP after all deductions/dead heat rules
  • Risk Free bets granted on live ITV or ITV 4 or specified feature races
  • Risk free bet valid for next 4/1 offer race only


    1. Offer applies to the FIRST single bet placed by a customer on each live ITV or ITV4 race following the final declarations. Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip. Ante-Post bets, Enhanced Win bets, Cover Bets, Tote/Pari-Mutuel (bets and dividends), and ‘Not to Win’ bets are not applicable for this offer.
    2. The 4/1 limit refers to the adjusted odds after any dead-heat, Rule 4 or unnamed joint/co-favourite. If your risk free bet is an Each-Way selection that is placed, and the return on the bet is less than the total stake, we will refund the difference between your return and the total stake. If your return is greater than the total stake then no refund will be given.
    3. This offer only applies to bets placed via desktop, mobile or tablet. Bets placed using our Telephone Betting service will not qualify for this offer.
    4. Offer only includes races broadcast on ITV or ITV4 unless otherwise stated by bet365.
    5. Maximum risk free bet amount is £50 per customer, per race. Risk free bet winnings exclude stake. Bets must be paid for and placed in the usual way. If your risk free bet loses, your stake will be refunded to your account within one hour of the race finishing.
    6. In the event of ITV or ITV4 not showing all races live, risk free bets will stand as per the bet365 ITV Racing 4/1 Offer Race Schedule advertised on site.
    7. If you are entitled to a risk free bet and ITV or ITV4 broadcast an additional race then this will be added to the ITV Racing 4/1 Offer Race Schedule, so your risk free bet will be the first bet you place on this race.
    8. If you back the winner of the last ITV Racing 4/1 Offer Race on any day, your risk free bet will be the first bet you place on the next ITV Racing 4/1 Offer Race to take place.
    9. Where you are unable to place the maximum risk free bet amount due to restrictions on your bet, we will credit the difference between the maximum risk free bet returns and your actual returns.
    10. This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent risk free bet amount will be equal to the remaining active stake.
    11. If a qualifying bet is edited using our Edit Bet feature, any refund amount will be equal to the new stake and not the original stake. Where a risk free bet is changed using Edit Bet, no refund will be given and the offer will no longer apply.
    12. Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to a deposit bonus, enhanced payments, free bets, risk free bets or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, bet365 reserves the right to reclaim the bonus element of such offers and in their absolute discretion either settle bets at the correct odds, void the free and risk free bets or void any bet funded by the deposit bonus. In addition bet365 reserve the right to levy an administration charge on the customer up to the value of the deposit bonus, free bet, risk free bet or additional payment to cover administrative costs. We further reserve the right to ask any customer to provide sufficient documentation for us to be satisfied in our absolute discretion as to the customer’s identity prior to us crediting any bonus, free bet, risk free bet or offer to their account.
    13. All customer offers are limited to one per person. Offers only apply to customers who have made a real money deposit with bet365.
    14. This offer is only available to customers residing in Great Britain and Republic of Ireland.
    15. bet365 reserves the right to amend, cancel, reclaim or refuse any promotion at its own discretion.