List of Cheltenham Festival Free Bets & Offers

  • Betfred Bet £10 get £40 in bonuses
    • Exclusive BettingGuide Bonus
    • Great Betting Apps
    • High Betting Odds
    New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
  • BetUK Bet £10 Get £30 in Free Bets
    • New Betting Site (2018)
    • 30+ Sports
    • High Betting Odds
    T&C’s Apply. New cus only. Opt-in & deposit req. 7 days to deposit and stake £10 minimum bet at odds of 1.5 or greater to qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry.
  • Luckster Bet £10 Get £10
    • New UK Betting Site (2022)
    • Competitive Odds
    • BettingGuide Exclusive Bonus
    New customers only. Max one £10 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Pais as bonus token with min 4/5 odds req. Skrill, Neteller and Paypal not eligible. T&Cs apply 18+
  • Rhinobet Bet £20 Get £20
    • New UK Sports Betting Site (2022)
    • Top Sports Betting Apps for iOS and Android
    • Exclusive Welcome Bonus
    UK Only. 18+, T&C's Apply
  • Kwiff Bet £10 Get a £20
    • New Sports Betting App
    • BettingGuide Exclusive Bonus
    • No Wagering Free Spins
    New Customers 18+ Only. Min Deposit of £20. Qualifying real money bet of £20, min odds greater than or equal to 2.0 required. Each way bets excluded. Offer credited within 48 hours. Additional T&Cs apply, Please gamble responsibly.
  • Betzone Up To £60 In Free Sports Bets
    • Low Betting Margins
    • New Online Betting Site UK (2021)
    • Great iOS & Android Betting Apps
    T&C Apply, 18+, Please gamble responsibly
  • thepools Bet £10 Get £20 in Free Bets
    • Revamped New Sportsbook (2021)
    • #1 Best Pool Betting Site
    • footie5 Free-to-play £25k Prediction Game
    18+, UK only. Deposit and place a minimum £10 cash bet at single or accumulated odds of 1/1 or greater and we will give you 1 x £5 in free bets plus an extra 3 x £5 Free Bets the following day. Applies to first cash bet only. Free bets credited as 4 x £5 bets to use on 3x Any sport & 1x Virtuals. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. 1 x £5 Free Bets are credited upon qualifying first bet settlement, other free bets credited by midday the day after your first bet settles. 7-day free bet expiry. Available once per customer. This offer cannot be combined with any other promotion. Full T&C's apply.
  • 888Sport Bet £10 Get £40 in Free Bets +£10 Casino Bonus
    • High Betting Odds
    • Top-tier Gambling Products
    • BettingGuide Exclusive Bonus
    £/€10 deposit using promo code "10FREE" - Minimum stake £/€10 at odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days - Withdrawal restrictions, payment methods, country &full T&Cs apply
  • Ladbrokes Bet £5 to get £20 in Free Bets
    • Wide Selection of Betting Markets
    • Fantastic Betting Apps
    • Great Promotions
    18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £/€5 bet within 14 days of account reg at min odds 1/2 to get 4x £/€5 free bets. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply.
  • Coral Bet £5 Get a £20 Free Bet
    • Great Betting Apps
    • High Betting Odds
    • Wide Range of Unique Promotions for All Customers
    18+ New UK & ROI Customers only. Min deposit £5. Min first bet £5 at minimum odds 1/2 to qualify for 1x20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
  • BetTarget Join BetTarget
    • New Betting Site (September 2021)
    • Competitive Betting Margins
    • Wide range of betting markets
    18+, New customers only. Min wagering on sports £10. Max one £15 free bet. Qualifying bets must be placed at odds of 1/1 or greater. Paid as bonus token with min 4/5 odds req. Selected payment methods only. Bet expires after 14 days of being credited.
  • highbet Bet £15 Get £10
    • New Sports Betting Site (October 2021)
    • BettingGuide Exclusive Free Bet Bonus
    • Good Betting Odds
    18+, New customers only. Max one £10 free bet. Qualifying bets must be placed at odds of 1/1 (2.00) or greater. Paid as bonus token with min 4/5 odds req. Skrill, Neteller and Paypal not eligible. T&Cs Apply 18+
  • Betway £30 Matched Free Bet if your First Acca Loses
    • Trusted Bookmaker
    • High Betting Odds
    • Fantastic Betting App
    *New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. Deposit method restrictions apply. This is offer is valid for 7 days from your new account being registered. Full terms apply.
  • Fitzdares Bet £30 Get £30 + 20 Free Spins
    • Fantastic for Horse Racing Betting
    • Great Mobile Betting Apps for iOS & Android
    • Fast Withdrawals
    New customers only aged 21+. Minimum deposit £10. Qualifying bet must be placed at odds of evens (2.0) or greater. Get a matched Free bet up to £30 plus 20 Free Spins on Fishin’ Frenzy The Big Catch, credited within 24 hours. Free Bet and Spins expire in 7 days. Additional T&Cs apply. Please bet responsibly.
  • Unibet Up To £40 Money Back +£10 Casino Bonus
    • 35+ Sports & High Odds
    • Live Streaming
    • Mobile Friendly
    18+ New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit for full T&C's.
  • bet365 Bet £10 & Get £50 in Free Bets
    • World's Biggest Bookmaker
    • The Best Betting App
    • Free Live Streaming
    *New customers only. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
  • Spreadex Sports Bet £10 Get £30
    • BettingGuide Exclusive Bonus
    • Spread & Fixed Odds Betting
    • Best Odds On All Premier League Matches
    Plus Best Odds On All Premier League Matches
    (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker).
  • Parimatch Bet £5 Get £30 in Free Bets
    • 30+ Sports
    • New Sports Betting Site (October 2020)
    • Top-tier Sports Betting App
    18+ New Customers opt in, bet £5 & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 20x wagering to withdraw max £250. Bonuses expire in 7 days. Card Payments only. Additional terms for existing BetVictor customers apply. T&Cs Apply, see below. | | Please gamble responsibly
  • Hollywoodbets Bet £10 Get £20 in Free Bets
    • New Betting Site (2019)
    • Racing Live Streams
    • High Odds
    T&C’s apply. £10 min deposit required. 1x min £10 qualifying bets required. Qualifying bets cannot be placed on the same event. Qualifying bets must be placed on selections with min odds 1.8 (4/5). 4x £5 Free Bets will be credited once qualifying bets have been resulted. 1 x £5 Free Bet will available for use on any Football Match Result Market, 1 x £5 Free Bet valid on any Football Correct Score Market, 1 x £5 Free Bet on any Horse Racing selection , 1 x £5 Free Bet on any Tennis Selection. Free Bets valid for 7 days. #ad
  • Betgoodwin 50% Of First Day Losses Back as a Free Bet (Up to £25)
    • New Betting Site (2021)
    • Great for Horse Racing Betting
    • Fast Payments
    New Accounts Only. Min of 3 bets of £10 at odds of evens (2.0+), Valid for 7 days. UK only. Full T&C's apply.
  • Quinnbet £35 Free Bet Plus 10 Free Spins
    • High Odds
    • 100's of Betting Markets
    • Pool/Tote Betting Available
    If your account has Sportsbook losses at the end of your first day's betting, QuinnBet will refund 50% of your losses as a Free Bet up to £35 (min 3 bets) Plus 10 Free Spins on Asgard Warriors. Even if your account is up, you're guaranteed a £5 Free Bet Plus 10 Free Spins provided you place at least 1 bet of £10 or greater at the minimum odds. T&Cs apply | 18+ New UK Customers Only |
  • SpinzWin Bet Bet £10 Get a £20 Free Bet
    • New UK Betting Site (June 2022)
    • Only 1x Wagering on Welcome Bonus
    • Competitive Betting Margins (5.9%)
    New Players Only. Min £10 qualifying bets, stake not returned. Free bet - one-time stake of £20, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply.
  • Jeffbet Bet £10 Get a £30 Free Bet
    • Brand New UK Betting Site (2022)
    • Competitive Betting Margins (5.6%)
    • Impressive Range of Betting Markets
    New Players Only. Min £10 qualifying bets, stake not returned. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms Apply
  • Midnite Bet £10 Get £20 in Free Bets
    • Top iOS Betting App
    • Great for Esports Betting
    • New UK Betting Site (2020)
    18+ New UK Customers. Must bet £10 in total on 4+ legs, min odds 3/1 (4.0). £20 credited as Free Bets. Free Bets expire after 7 days, stake not returned. T&Cs apply.

Types Of Cheltenham Offers and Free Bets

One of the biggest and most competitive jumps meetings globally, the Cheltenham Festival is here with us and we have collected a list of exclusive Cheltenham Festival free bets & betting offers for new and existing customers.

As you would expect, UK’s popular betting operators have prepared their platforms to give their customers an exciting betting experience.

We have taken the trouble to go through all the licensed UK betting operators to bring you this review of the best betting offers for the upcoming Cheltenham Festival. We will elaborate on the different types of Cheltenham betting offers and detail the five best betting platforms we believe offer the best offers.

Stay tuned, and you will be sure to find not only a ton of offers but plenty of variations as well. For bettors, this might just be Christmas extended.

Having gone through all that is up for groups for punters who wish to bet on the Cheltenham Festival races, here is a breakdown of the available betting offers from the popular UK betting sites.

Free Bets

The free bet is a popular Cheltenham Festival betting offer, especially for new customers. Although it is widely referred to as a free bet, you will need to spend some of your funds to get this offer — you must deposit a specified minimum amount into your betting accounts to place a qualifying bet and claim the offer.

That said, despite having to spend your money, you will receive a free stake after the settlement of the qualifying bet. You can then use the free stake to bet by following the terms and conditions pegged to the offer.

As a bettor, you will need to understand your bookies’ T & C on Cheltenham free bet offers before choosing one to sign up with. This betting strategy enables you to minimise funds spent while maximising the customers' offers when betting on your fancied Cheltenham festival events.

Huge Odds Boosts

If you don’t find a free bet offer, you will likely encounter unusually huge odds on the Cheltenham Festival favourites, which is regarded as a borderline unbeatable offer. However, be keen on the maximum stake as most bookies usually limit the stake you can wager on using the inflated odds. 

It is also important to note that the winnings from inflated odds betting events are paid out as a free bet in most cases.

Cash Back Bets

The cash back bets are a new favourite for bookies trying to entice their customers. Unsurprisingly, you can expect bookies to offer a lot of cash back betting offers to punters wagering on the Cheltenham Festival events. 

In a cashback offer, the bettor is required to bet on the Cheltenham Festival events, and if they lose their bet, the bookmaker refunds the wagered stake. This refund can either be in cash or a free bet. Typically, bookmakers will cap the refund at a maximum amount. 

Bet-Through-The-Card Offers

Some Cheltenham Festival betting offers are also event-specific. One of the interesting Cheltenham betting promotions is the bet-through-the card offers. This is an easy-to-grab betting offer as it only requires you to place a bet on the first race of any given day during the Cheltenham Festival. In return, you will get a free bet for every other race that takes place on that particular day. 

With a modest first bet, you will be set to a full day of betting during the festival without an additional deposit. However, the maximum free bets might be capped at a given number, depending on the terms and conditions. In many cases, you will have 6 free bets as this is usually around the same number of races that can take place for the day at the Cheltenham Festival. 

Ambassador-Related Offers and Promotions 

Bookmakers are also coming up with customised brand-specific Cheltenham betting offers for their new punters. One of these is the ambassador related offers and promotions. Popular and well-established bookmakers in the UK have brand ambassadors in the racing world. They usually team up with jockeys and trainers to surprise fans with impressive content. 

These promotions may include insightful content such as Unibet’s blog that shakes up the news cycle and Betfair’s readers’ access to the thoughts of Olly Murphy, Gordon Elliot, and Paul Nicholl. Bettors can use these insights in improving their Cheltenham Festival betting strategy. 

Acca Insurance

Ever heard of a bettor’s insurance? If you haven’t, you will be quite fascinated by the Acca Insurance betting offer, which offers you a safety net when placing an accumulator bet. If a single horse makes you lose an accumulator bet in this betting offer, the bookie returns your stake. You can then use it as a free bet.

Faller Insurance

Horse racing betting is just as unpredictable as a football match. This makes faller insurance a significant offer for punters across the horse racing world, especially during the Cheltenham Festival.  

The Faller insurance Cheltenham betting offer returns your staked amount in the form of a free bet if the horse you bet on falls during a race. You might want to keep an eye on this offer to protect your stake as this year’s March indoor Cheltenham Festival might surprise even the most favourite horses. 

Lucky 15/31/63

The Lucky 15 (or 31/63) is an interesting betting offer if you are not a ‘’win all or nothing’’ kind of bettor. In this bet, your wager includes 4 selections comprising of 4 singles, 4 trebles, 6 doubles and a 4-fold accumulator. If all the selections win, you are in for a jackpot. Even better, you still stand to gain even if only a single selection passes the post first.

Cheltenham Festival Offers for Existing Customers

Are there any exciting offers for existing customers? While most available offers are only eligible for new customers, some bookies offer Cheltenham Festival betting offers for existing customers.

After thorough research, here are the types of betting offers existing customers can take advantage of the types of betting offers when betting on various races in the Cheltenham Festival.

Extra Each-Way Places

We recently noticed that each-way bettors can now have up to 7 places — initially, the standard was only 4 places for each-way betting. Therefore, existing customers can look to enjoy the extra each-way places for the upcoming March festival.

Money-Back Specials

Various betting operators across the UK offer money-back specials to existing customers for the Cheltenham Festival horse races. This offer is offered on the first race of every day of the festival. You can get your money-back offer either as a free bet or cash once the event occurs. The event could be; your horse falling, coming in second to the favourite starting price or even coming in at 3rd or 4th place.

Non-runner No-Bet Special

No-runner no bet is a special Cheltenham betting offer existing customers can also enjoy. This betting offer was pioneered by the Bet365 betting firm at the Cheltenham Festival big 5 races. These big 5 races include;

  • Unibet Champion Hurdle
  • Ryanair Chase
  • Betway Queen Mother Champion
  • Paddy Power Stayers’ Hurdle 
  • Cheltenham Gold Cup.

Bettors who bet on horses that fail to make it to the race will have their stakes returned to them. 

Cheltenham Ante-Post Offers

If you wish to lock in good value early enough, the ante-post betting offer is perfect for you. In this type of offer, you have the privilege of betting on future Cheltenham races. Cheltenham ante-post offers are found on Paddy Power, Ladbrokes and William Hill betting platforms.

Tote Betting on Cheltenham

The Cheltenham Festival offers punters plenty of betting offers that are not available in any other sportsbook betting. A perfect example is the tote betting offer that can allow existing customers to select a series of winners across the day during the Cheltenham Festival. The selection is put into a prize pool that is split between the punters with the highest number of winning selections.

Horse racing tote betting is available on several betting sites including Quinnbet, Betfred, William Hill, Ladbrokes and bet365 to name a few.

Tips on How to Use Cheltenham Betting Offers

Cheltenham betting offers are up for grabs from various bookmakers — punters should take advantage of these offers to maximise their profits. Here as tips to consider when using Cheltenham betting offers;

Maximise Sign Up Offers

As a new bettor, you have the best chance to maximise the high-value sign-up offers provided by different bookies. Since no law prevents you from signing up with more than one bookie, you are at liberty to register with as many bookies as you like. As long as you have enough funds to pay for the first deposit in all the accounts you open with the bookmakers you’ve selected, you’re set to go.

Signing up with various bookmakers will enable you to enjoy all the welcome bonuses offered by each of them then use these bonuses to bet on available markets for the Cheltenham Festival.

Take Advantage of Ante-Post Betting at Cheltenham Festival

Ante-post offers let punters wager on runners prior to the races line-ups. To get the most out of this Cheltenham betting, we recommend placing bets with bookies such as Bet365, which offers No Runner No Bet. This will allow you to get a refund of your stake if the horse you’re backing doesn’t make it to the race.

You can also place the ante-post bets with bookies who provide Cheltenham Faller Insurance betting offers. This also guarantees cashback if the horse you backed to win falls during the race.

You should also keep the following in mind for ante-post betting at the upcoming festival:

  • If you choose to use ante-post betting offer, you might be ineligible for other Cheltenham offers such as best odds guaranteed. Ante-post bets have the price set in stone in many cases. 
  • Before placing ante-post bets, pay attention to the each-way odds offered. This is because different bookies payout different odds for placed finishers.  
  • If you’re considering placing ante-post bets, do so as early as now when the odds offered are still attractive — odds offered in previous Cheltenham Festivals tend to shrink as the event draws closer. 

How to Make the Most of Tote Betting at Cheltenham

For punters who wish to claim the Cheltenham tote betting offers, you will be glad to know that there are various markets to exploit. These include the toteplace, totewin, totetrifecta and toteexacta. Tote betting is a darling of many in horse racing. You can take advantage of this type of betting by signing up with a bookmaker with a good reputation for tote betting, such as Betfair and Paddy Power. 

Another important consideration is to look at each-way alternatives on high profile Cheltenham races instead of backing the SP favourite.

Top 5 Best Cheltenham Bookies to Use for All Customers

The Cheltenham Festival provides bookmakers with an exciting avenue to win over new customers. If you’re looking for Cheltenham betting promotions, here are the 5 bookies offering the best Cheltenham betting offers. 

All the bookies listed here are licensed and regulated by the UK Gambling Commission.

William Hill

William Hill is one of the longest operating betting firms in the UK — they have perfected horse racing wagers. William Hill brings you a plethora of special Cheltenham betting promotions for the March festival. 

The bookie offers some of the best offers in a wide range of betting markets. One of their notable welcome offers is the bet £10 get £30 or £40 in Cheltenham free bets depending on whether you’re signing up from a mobile or web app. 

The terms for these offers are simple and usually include depositing a minimum amount and placing a bet of £10 on a qualifying bet. Remember to read the entire terms and conditions associated with specific offers. 


Bet365 is one of the world-famous bookmakers with ultimate credibility and reputation. As briefly mentioned, Bet365 became the first bookmaker to provide the no runner no bet offer, which refunds a stake to the bettor whose backed horse doesn’t participate in the race. What’s more, Bet365 also offers plenty to its customers in the form of Cheltenham betting promotions. 

The Bet365 mobile betting platform is one of the most fascinating, with easy navigation and user-friendly betting features. This includes live streaming of the Cheltenham Festival races, My horses feature and Bet Builder. 

Bet365 also provides the best odds guarantee on ante-post bets in our independent tests.


We have added 888Sport because of their generous welcome bonus. This betting site offers punters the best free bets and sportsbook events, including exciting Cheltenham and Premier League betting offers. 

New 888Sport customers receive the bet £10 get £30 Cheltenham free bets offers.

This bookie also offers special Cheltenham free bets in the form of bet £10 get £45 specifically on horse racing. You can claim this offer by using a promo code with a minimum deposit of £10. The deposit should be used fully when staking on a horse racing event with odds of 1/2 or greater. 

Besides, the free bet is only valid for 3 days and can only be used on a horse racing market.  Generally, the 888Sport terms and conditions are friendly and easy to adhere to.


If you’re looking for the best betting experience on horse racing, Unibet is a worthy option. This top-rated UK betting operator offers a series of Cheltenham free bets, including a welcome bonus of up to £40 as well as money-back offers. 

The Unibet Cheltenham Festival betting offer requires you to bet £10 on a horse race with odds of 1/1 or greater for a chance to get £30. The free bet is valid for 7 days and must be waged x1 on horse racing.

Paddy Power

New customers who will place their first-ever bets when the Cheltenham Festival kicks off have a chance to do so in style by claiming the Paddy Power Cheltenham betting offers. Paddy Power is one of the most popular races in the upcoming Cheltenham Festival. 

Paddy Power is offering a risk-free wager worth £20 for new customers. Besides the free bet offer, the platform has plenty of other attractive features such as bet calculator, live streaming of the Cheltenham Festival, cash-out, and in-play betting.


How to get betting offers for Cheltenham?
Which betting sites offer free bets for the Cheltenham Festival?
Which betting sites have the best Cheltenham offers for existing customers?

Steven is responsible for all content on BettingGuide UK. He is an experienced iGaming content writer that has been working in the industry since 2018. If you have any questions regarding online gambling in the UK, don't hesitate to contact him.

Last updated: 2/1/2023