{"id":26100,"date":"2024-02-06T14:37:35","date_gmt":"2024-02-06T03:37:35","guid":{"rendered":"https:\/\/www.betfair.com.au\/hub\/?p=26100"},"modified":"2025-06-04T11:35:17","modified_gmt":"2025-06-04T01:35:17","slug":"new-market-cash-back-2nd","status":"publish","type":"post","link":"https:\/\/www.betfair.com.au\/hub\/education\/betfair-basics\/new-market-cash-back-2nd\/","title":{"rendered":"NEW MARKET: CASH BACK 2ND"},"content":{"rendered":"<div class=\"expert-tips__row block\">\n      <div class=\"container reduced-width relative py-6 md:pt-4\">\n        <div class=\"expert-tips__wrap pb-6 lg:pb-12\">\n                      <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left mb-4 uppercase\">TODAY&#8217;S AVAILABLE CASH BACK 2ND MARKETS<\/h2>\n                              <div class=\"mb-2.5 md:mb-3 text-sm md:text-base\">\n            <p>Cash Back 2nd Markets are available for thoroughbred racing at Sandown, Warwick Farm, Doomben and Balaklava.<\/p>\n\n          <\/div>\n                                                                              <p class=\"pt-2.5 md:pt-3 font-bold font-montserrat text-sm md:text-base\">Betting Strategy<\/p>\n                                <p class=\"text-sm md:text-base\">SANDOWN<\/p>\n                            <div class=\"flex flex-col items-start align-middle lg:flex-row my-6\">\n                                  <div class=\"w-full mt-2 market-button-wrap relative\">\n            <a\n            seg-instrument=\"view-market-button\"\n             \n                data-button-details=\"{&quot;marketId&quot;:&quot;1.244447276&quot;,&quot;selectionId&quot;:&quot;&quot;,&quot;label&quot;:&quot;view market&quot;,&quot;buttonText&quot;:&quot;View Market&quot;}\" \n                        data-button-type=\"view\"\n            data-market-id=\"1.244447276\"\n            data-selection-id=\"\"\n            href=\"https:\/\/www.betfair.com.au\/extensions\/dl\/1.244447276\"\n            class=\"market-button w-full md:w-auto no-underline\"\n            target=\"_blank\"\n        >\n            <div class=\"bg-bf-yellow flex items-center shrink-0 justify-between w-full rounded-t\">\n                <div class=\"flex px-8 items-center w-full justify-center\">\n                    <span class=\"line-clamp-1 font-bold font-montserrat text-base py-3\">\n                        View Market\n                    <\/span>\n                <\/div>\n            <\/div>\n            <div class=\"start-time text-sm bg-bf-grey-80 bg-opacity-30 py-2 text-center rounded-b\">\n                <p class=\"my-0 mx-auto skeleton-loading\"><\/p>\n            <\/div>\n        <\/a>\n    <\/div>\n                              <\/div>\n                                                          <p class=\"text-sm md:text-base\">WARWICK FARM<\/p>\n                            <div class=\"flex flex-col items-start align-middle lg:flex-row my-6\">\n                                  <div class=\"w-full mt-2 market-button-wrap relative\">\n            <a\n            seg-instrument=\"view-market-button\"\n             \n                data-button-details=\"{&quot;marketId&quot;:&quot;1.244451139&quot;,&quot;selectionId&quot;:&quot;&quot;,&quot;label&quot;:&quot;view market&quot;,&quot;buttonText&quot;:&quot;View Market&quot;}\" \n                        data-button-type=\"view\"\n            data-market-id=\"1.244451139\"\n            data-selection-id=\"\"\n            href=\"https:\/\/www.betfair.com.au\/extensions\/dl\/1.244451139\"\n            class=\"market-button w-full md:w-auto no-underline\"\n            target=\"_blank\"\n        >\n            <div class=\"bg-bf-yellow flex items-center shrink-0 justify-between w-full rounded-t\">\n                <div class=\"flex px-8 items-center w-full justify-center\">\n                    <span class=\"line-clamp-1 font-bold font-montserrat text-base py-3\">\n                        View Market\n                    <\/span>\n                <\/div>\n            <\/div>\n            <div class=\"start-time text-sm bg-bf-grey-80 bg-opacity-30 py-2 text-center rounded-b\">\n                <p class=\"my-0 mx-auto skeleton-loading\"><\/p>\n            <\/div>\n        <\/a>\n    <\/div>\n                              <\/div>\n                                                          <p class=\"text-sm md:text-base\">DOOMBEN<\/p>\n                            <div class=\"flex flex-col items-start align-middle lg:flex-row my-6\">\n                                  <div class=\"w-full mt-2 market-button-wrap relative\">\n            <a\n            seg-instrument=\"view-market-button\"\n             \n                data-button-details=\"{&quot;marketId&quot;:&quot;1.244448167&quot;,&quot;selectionId&quot;:&quot;&quot;,&quot;label&quot;:&quot;view market&quot;,&quot;buttonText&quot;:&quot;View Market&quot;}\" \n                        data-button-type=\"view\"\n            data-market-id=\"1.244448167\"\n            data-selection-id=\"\"\n            href=\"https:\/\/www.betfair.com.au\/extensions\/dl\/1.244448167\"\n            class=\"market-button w-full md:w-auto no-underline\"\n            target=\"_blank\"\n        >\n            <div class=\"bg-bf-yellow flex items-center shrink-0 justify-between w-full rounded-t\">\n                <div class=\"flex px-8 items-center w-full justify-center\">\n                    <span class=\"line-clamp-1 font-bold font-montserrat text-base py-3\">\n                        View Market\n                    <\/span>\n                <\/div>\n            <\/div>\n            <div class=\"start-time text-sm bg-bf-grey-80 bg-opacity-30 py-2 text-center rounded-b\">\n                <p class=\"my-0 mx-auto skeleton-loading\"><\/p>\n            <\/div>\n        <\/a>\n    <\/div>\n                              <\/div>\n                                                          <p class=\"text-sm md:text-base\">BALAKLAVA<\/p>\n                            <div class=\"flex flex-col items-start align-middle lg:flex-row my-6\">\n                                  <div class=\"w-full mt-2 market-button-wrap relative\">\n            <a\n            seg-instrument=\"view-market-button\"\n             \n                data-button-details=\"{&quot;marketId&quot;:&quot;1.244447119&quot;,&quot;selectionId&quot;:&quot;&quot;,&quot;label&quot;:&quot;view market&quot;,&quot;buttonText&quot;:&quot;View Market&quot;}\" \n                        data-button-type=\"view\"\n            data-market-id=\"1.244447119\"\n            data-selection-id=\"\"\n            href=\"https:\/\/www.betfair.com.au\/extensions\/dl\/1.244447119\"\n            class=\"market-button w-full md:w-auto no-underline\"\n            target=\"_blank\"\n        >\n            <div class=\"bg-bf-yellow flex items-center shrink-0 justify-between w-full rounded-t\">\n                <div class=\"flex px-8 items-center w-full justify-center\">\n                    <span class=\"line-clamp-1 font-bold font-montserrat text-base py-3\">\n                        View Market\n                    <\/span>\n                <\/div>\n            <\/div>\n            <div class=\"start-time text-sm bg-bf-grey-80 bg-opacity-30 py-2 text-center rounded-b\">\n                <p class=\"my-0 mx-auto skeleton-loading\"><\/p>\n            <\/div>\n        <\/a>\n    <\/div>\n                              <\/div>\n                              <\/div>\n      <\/div>\n    <\/div>\n          \n\n<div class=\"education-content border-b pb-10 block\">\n            <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width relative\">\n          <h2 class=\"font-bold font-montserrat text-xl lg:text-[26px] text-bf-yellow text-center md:text-left uppercase\">New to Betfair: &#8216;Cash Back 2nd&#8217; Markets<\/h2>\n        <\/div>\n      <\/div>\n    \n    \n    \n    \n          \n          <div class=\"education-content__row my-3\">\n        <div class=\"container reduced-width\">\n          <p>Introducing Betfair&#8217;s latest addition to our racing market offering &#8211; &#8216;Cash Back 2nd&#8217; markets. In this article, we&#8217;ll delve into what these markets are, and what to expect.<\/p>\n<p><strong>What Are &#8216;Cash Back 2nd&#8217; Markets?<\/strong><\/p>\n<p>Betfair has introduced &#8216;Cash Back 2nd&#8217; markets, which are an exciting addition to the standard offering, including Win, Place, Head to Head, Exacta, and Quinella. These markets will be available on selected greyhound and thoroughbred race meetings, and will be available on race day. Navigate to the \u2018Cash Back 2nd\u2019 tab within the race view where available, to place bets.<\/p>\n<p>Just like the traditional \u2018Win\u2019 market &#8211; in \u2018Cash Back 2nd\u2019 markets, Exchange users back or lay a selection to win the race. Here&#8217;s where the &#8216;Cash Back 2nd&#8217; mechanism comes into play- when the race concludes, all bets matched on the runner\/s finishing in 2nd place will be voided, with stake\/liability refunded in full to customer accounts, as \u2018available to bet\/withdraw\u2019 funds. This applies to both back and lay bets. In essence, this feature acts as a safety net for those backers who were close to victory, but ended up in 2nd place.<\/p>\n<p>To account for the safety net of \u2018Cash Back 2nd\u2019 provided to backers of a selection, with the voiding of bets on the 2nd-placed finisher, market prices are likely to differ from those seen in the traditional \u2018Win\u2019 market. This difference in price also provides an opportunity for lay bettors, looking to lay a selection at a different (lesser) price than what\u2019s available in the traditional \u2018Win\u2019 market.<\/p>\n<p>Where a late scratching occurs after the market has been loaded, the market will be voided in full.<\/p>\n<p>In conclusion, &#8216;Cash Back 2nd&#8217; markets are an exciting and welcome addition to the Betfair Exchange. They offer a unique and exciting way to bet on greyhound and thoroughbred races, with the built-in safety net for those who back a runner that finishes 2nd. So, next time you&#8217;re looking to place a bet, consider giving these markets a try.<\/p>\n\n        <\/div>\n      <\/div>\n    \n    \n    \n      <\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introducing Cash Back 2nd, Betfair&#8217;s latest addition to its racing market offering. Learn about how these markets work, what they are and what to expect.<\/p>\n","protected":false},"author":33,"featured_media":27173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"tipster_notification_checkbox":false,"send_notification":false,"footnotes":""},"categories":[24],"tags":[],"brand":[],"class_list":["post-26100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betfair-basics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.5 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s New at Betfair | Cash Back 2nd Market | Betfair Hub<\/title>\n<meta name=\"description\" content=\"Introducing Cash Back 2nd, Betfair&#039;s latest addition to its racing market offering. 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