List of Cheltenham Festival Free Bets & Offers

  • 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
  • Paddy Power Up to £50 Cash Back
    • Plenty of Promotions for Exisiting Customers
    • Great Mobile Betting Apps
    • BettingGuide Exclusive Bonus
    Place 5x£10 Sportsbook bets on any market at minimum odds of 2.0 (Evs), and get money back as Cash if it loses. Max refund per qualifying bet is £10 (up to £50 in total). Only deposits made via Cards will be eligible for the promotion (Apple Pay excluded). T&Cs apply
  • Betfred Bet £10 get £60 in bonuses
    • Exclusive BettingGuide Bonus
    • Great Betting Apps
    • High Betting Odds
    New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. 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.
  • 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.
  • 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).
  • 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.
  • William Hill Bet £10 Get £30 in Free Bets
    • Safe and Trusted since 1934
    • High Betting Odds
    • Mobile Friendly
    18+. Play Safe. New customers using Promo code H30 only, Min £10/€10 stake,  min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below. #ad
  • 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.
  • 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
  • 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 |
  • Virgin Bet Bet £10 Get £20 in Free Bets
    • Virgin Bet Fives
    • New Betting Site (June 2019)
    • High Betting Odds
    *New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly.

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: 3/1/2022