Cheltenham Free Bets: Top Cheltenham Betting Offers 2025

Best Cheltenham Offers: Our Top Picks

Pretty much all horse racing betting sites offer Cheltenham free bets, most commonly in the form of a welcome bonus. Here’s a quick look at some of the best Cheltenham offers currently available, with our pick of the best Cheltenham sign up offers provided along with a review:

1. Sky Bet Cheltenham Offer - Bet 5p, Get £50
2. Paddy Power Cheltenham Offer – Bet £10, Get £40
3. Betfair Cheltenham Offer – Bet £5 Get £20
4. bet365 Cheltenham Offer – Bet £10 Get £30
5. Betfred Cheltenham Offer – Bet £10 Get £50
6. CopyBet Cheltenham Offer – Bet £20, Get £60
7. Betway Cheltenham Offer – Bank over £100 in Cheltenham Free Bets
8. Betano Cheltenham Offer – Bet £10 Get £30
9. easyBet Cheltenham Offer – Bet £20 Get £30
10. BetMGM Cheltenham Offer – Bet £10 Get £40

1. Sky Bet –  Bet 5p Get £50 in Free Bets

The Sky Bet Cheltenham offer is the best currently on offer for the Festival. Once you’ve signed up and deposited, you have to stake just 5p on any market at 1/1 or greater and you’ll receive five £10 bet credits. These bet credits can be used in any way the customer chooses.

The free bets are non withdrawable and must be used within 30 days of the date of issue. The free bet stakes are not returned in any winnings.

There's also a £5 free bet for new & existing customers on day 1 of the Festival.

2. Paddy Power – Bet £10 Get £40

A name synonymous with the sport of horse racing and the Cheltenham Festival is Paddy Power and if you don't have an account already, the 2025 Cheltenham Festival is the perfect time to get one. They are renowned for wonderful daily specials, quirky marketing and odds boosts so keep an eye on this page to see if they launch a different sign up offer closer to the time, specifically for the Festival. At present, you can claim £40 worth of Cheltenham free bets when you place your first £10 bet with Paddy Power.

There are also Cheltenham Turbo Power Prices available daily until the Festival finishes.

3. Betfair – Bet £5 Get £20

Betfair have just launched a new Cheltenham free bet offer for the Festival, offering £20 in Cheltenham free bets in exchange for your first £5 bet. Minimum odds on your qualifying bet is 1/2, and the Cheltenham free bets will be valid for 30 days, giving you plenty of time to make the most of them. Existing Betfair customers can also expect a vast array of antepost Cheltenham specials and betting markets, which means they are one of the best firms to sign up for right now for the 2025 Cheltenham Festival. Betfair are also known for their odds boosts on big favourites or on fancied horses placing so always keep an eye out on their socials.

What's more, there's a completely free bet for new and existing customers on day 1 of the Festival.

4. bet365 – Bet £10 Get £30

bet365’s welcome bonus is one of the most flexible in the space, giving new punters up to £30 of bet credits when they stake between £5 - £10 on the site. Whether you’re using it on Cheltenham or something else, you can stake it however you like — all in one, or split across multiple bets. 

To avail of this offer: sign up, deposit between £5 and £10 to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and the bets are settled. Time limits and exclusions apply.

Once you are on board, look out for the Super Boosts available from 10am each day of the Festival.

5. Betfred – Bet £10 Get £50 In Free Bets

If you're new to Betfred and place your first sports bet up to £10 at odds of 2.0 or higher, you'll get £50 in Free Bets. These will be added to your account within 10 hours of settling your first bet.

Betfred are a betting site that insist customers input a promo code to avail of their new customer offer. When clicking out from our page the promo code should already be applied, but if it is not be sure to input: BETFRED50 into the box or you will not receive any bonuses upon signing up.

6. CopyBet – Bet £20 Get £60

One of the newer players in the space of betting sites in Britain and Ireland are CopyBet, but their sign up offer certainly packs a punch and rivals that of all the more established players. For the 2025 Cheltenham Festival new customers can bag themselves a free bet bundle worth £60 when signing up here and betting £20, but that's not all. Each day a profit boost of up to 15% will be available on the CopyBet app for both new and existing customers!

7. Betway – Get £10 in Free Bets for Cheltenham

Betway are keeping things relatively simple when it comes to their Cheltenham free bets offer, but you can expect a range of Cheltenham bonuses and price boosts across the week. What's more, Betway support Cheltenham live streaming and Best Odds Guaranteed across all Cheltenham meets, so existing customers certainly won't regret creating a Betway account ahead of Cheltenham 2025. 

8. Betano – Bet £10 Get £30 in Free Bets

The 2025 Cheltenham Festival will be Betano's first since launching in the UK, so you can expect them to pull out all the stops at this year's Festival. With that in mind, Betano are starting things off by offering new sign ups £30 worth of Cheltenham free bets to start off your Cheltenham betting. Beyond that first initial offer, Betano will be offering lots of different odds boosts throughout the Festival, and – our favourite Betano Cheltenham offer – a Lucky Dip promo that can produce astronomical prices on random Cheltenham markets. 

9. EasyBet – Bet £20 Get £30 in Free Bets

EasyBet is another UK bookmaker making its Cheltenham Festival debut in 2025, which makes it an exciting choice for new sign ups. For those who don't know, easyBet launched late in 2024 as a betting exchange, which explains why their sign up offer is slightly lower than those offered by traditional sportsbooks. As an exchange, easyBet will be offering highly competitive, peer-to-peer prices at Cheltenham, which makes £30 in Cheltenham free bets an extremely generous offer to get the ball rolling. 

10. BetMGM – Bet £10 Get £40

Signing up and betting £10 at BetMGM will unlock £40 worth of bonuses. The free bets are credited as 4x £10 bets which can be redeemed on horse racing markets. Customers have three days to claim their offer and seven days to place the qualifying bet upon registration. The stake from the free bets is not returned. BetMGM is one of the best betting sites for Cheltenham and their welcome offer is top of the range.

What Types of Betting Offers and Free Bets Are Available During Cheltenham? (For New and Existing Customers)

Many bookies offering Cheltenham free bets will let you use your welcome bonus on other events, or feature other promotions for existing customers. Curious what else you might find at our partner sites and want to see some of the perks of Cheltenham new account offers? Read on to find out.

Cheltenham Free Bets

While welcome free bets are the most common kind of offer you’ll find, they’re often dished out to existing customers too and particularly at Cheltenham. Some of the best offers for Cheltenham come in the shape of free bet clubs, in which you get some more bang for your buck, with rewards usually landing in the laps of those who bet a certain amount within a week. Other free bets you might find are given as a ‘refund’ if your qualifying bet loses, or those that are handed out through the sportsbook’s marketing. Below we outline the best way to make the most of free bets.

Cheltenham Matched Deposits

One of the more common bookmaker Cheltenham offers is matched deposits, which be associated with online casinos do appear on horse racing betting sites as well around the Festival. Here, your qualifying deposit is matched by a certain percentage and up to a certain amount. A 100% match up to £20, for example, would see you get £20 in additional bet credit when you deposit £20. 

Cheltenham Cashback

If you’re a regular bettor, cashback promotions can be one of the best ways to get free bets at Cheltenham. Typically, cashback is given based on your total bets or losses during a certain period — say 5% on your net losses each week. The cashback will usually be given as bet credit that can’t be withdrawn, but you can still use it to bet on Cheltenham or something else.

Cheltenham Promo Codes

Some bonuses can be claimed with a promo code that’s entered when you sign up or make a deposit. Rewards can include things like free Cheltenham bets, matched deposits, and odds boosts. Where can you find these codes? Sometimes it pays to opt into marketing emails or follow your bookie on social media, but you can also receive them directly through your sportsbook account and searching there for specific Cheltenham offers. 

Cheltenham Enhanced Odds

Enhanced odds or odds boosts are a fantastic way to increase the profit on winning bets, and with Cheltenham we can be sure bookmakers will have plenty of boosts. Often, specific markets are given an enhanced price, but you might also get a token to use on a market of your choice. The price is boosted — say from 2/1 to 3/1 — and if your bet wins, you’ll benefit from the uplift. This is not just something that is part of Cheltenham new customer offers, Cheltenham odds boosts will be available to all eligible customers.

Cheltenham Free Spins

Many horse racing betting sites double up as online casinos, and plenty of Cheltenham sign-up offers will involve free spins which are an excellent way to get a taste of the slots without betting your own money. Sometimes, these are bundled in with a betting bonus or offered as a separate welcome package to use at the online casino. Keep in mind these deals usually come with wagering requirements which prevent you from withdrawing the bonus and resulting winnings until they’re fulfilled. The winnings can be a useful way to rack up those free bets for Cheltenham.

Key Cheltenham Festival Races

The Cheltenham Festival spans four fantastic days of racing, with the excitement building throughout the week before the grand finale of Gold Cup Day on Friday. Racing fans often dispute which day is the best, but here at HorseRacing.Net we love them all!

Here's a breakdown of the key races for each day:

Day 1 – Tuesday, March 11th, 2025
The festival commences with the Grade 1 Supreme Novices’ Hurdle over 2 miles, followed by the Arkle, a Grade 1 2 mile chase for Novices. The standout race on the opening day is the Champion Hurdle, a prestigious event boasting a history of legendary winners, including Istabraq, Hurricane Fly, Annie Power and of course last year's rampant winner Constitution Hill.

Day 2 – Wednesday, March 12th, 2025
The focal point on Day 2 is the Queen Mother Champion Chase, a 2-mile Grade 1 Chase which has seen some phenomenal winners over the years. Wednesday also features two unique races for the week – the Cross Country Chase over the banks and the Champion Bumper, the sole flat race at the Festival.

Day 3 – Thursday, March 13th, 2025
Thursday is unique in itself as it has two co-feature races. Firstly the Ryanair Chase pits the best intermediate distance chasers against each other, before the Stayers’ Hurdle sees the best staying hurdlers around clash. The Pertemps Final, a race where horses qualify through the season - sometimes in controversial circumstances - also features.

Day 4 – Friday, March 14th, 2025
The Festival concludes with the highlight of the entire meeting – the Cheltenham Gold Cup. A race distinguished by its prestigious winners in jumps racing history, Galopin Des Champs will attempt to surpass stablemate from just a few years ago Al Boum Photo and win back to back TO BACK renewals. The Festival concludes with the final race, the Martin Pipe Handicap Hurdle, named after one of the most iconic racehorse trainers of all time.

How to Choose Your Free Bet

Make sure that you are not already signed up to the bookmaker that you want to sign up for, as this would mean you would be ineligible for the sign-up offer. Choosing which free bet you want to grab is a straightforward process, simply read our reviews of each of the betting sites on the market and decide which takes your fancy.

Pros and Cons of Free Bets

Cheltenham Free Bets 2025 are a welcome addition to any punter's arsenal, with the obvious benefit being the fact that they do not cost the customer anything. This means there is potential to win money with zero outlay. Some of the drawbacks are that they are non-withdrawable, they can be limited to only certain markets and odds, and the stakes are not returned as part of the winnings.

How To Claim a Cheltenham Free Bet

Obtaining your Cheltenham Free Bets is a straightforward process available through various bookmakers. Here, we outline the steps to secure your Free Bets for the Cheltenham Festival.

1. Click One Of Our Links

Visit any of the links or banners on HorseRacing.Net promoting Free Bet offers from our trusted partner bookmakers. Explore the list above for the latest Cheltenham sign-up offers.

2. Sign Up With A New Betting Site

Signing up for some Cheltenham Festival betting offers is uncomplicated—simply provide your details and register a card for deposit. For others, entering a code during sign-up is necessary, and the code is always displayed on the landing page after clicking any offer on this site.

3. Place Your Qualifying Bet

Upon depositing the required funds, make a qualifying bet to earn your Free Bets at Cheltenham 2025.

4. Redeem your free bets during the Cheltenham Festival

Take advantage of numerous new customer offers; there's no limit as long as you haven't previously registered with specific bookmakers. This allows you to optimize the number of Free Bets, increasing your chances of success at the 2025 Cheltenham Festival. Some examples of potential ways to use your free bets include:

• Backing an outsider to win the Gold Cup - For example, use your free bet on horse racing from BetMGM to back Ahoy Senor to win the Cheltenham Gold Cup. If the horse is priced at 50/1, you could win £500 from a free bet stake!
• Betting on an accumulator of favourites - At the Cheltenham Festival, favourite backers usually like to add their selections into an acca to boost their potential winnings. This year some big favourites include Constitution Hill in the Champion Hurdle, Lossiemouth in the Mares' and Sir Gino in the Triumph. Using a free bet to back this trio of favourites all to win would see a vastly greater return than just backing all three to win in singles.
• Splitting the bets to have a few per day - If done correctly, customers could sign up for a range of new bookmakers before the Cheltenham Festival begins and have an array of free bets to use over the four days of action.

Free Bets Terms and Conditions Explained

Though it’s no fun, checking the bonus terms and conditions is very important when choosing between Cheltenham free bet offers, as they can make all the difference between one offer and the next. Here are some of the terms you need to be on the lookout for:

Win limits

Win limits – or ‘caps’ – are restrictions on how much money you can win from your free bet. Not every betting site will impose this restriction, and withdrawing the maximum amount from your bonus would be an impressive feat regardless, so this shouldn’t significantly impact your overall gambling experience. They do vary from bookie to bookie, however, so make sure you’ve checked the terms and conditions before accepting an offer. 888sport’s bonus winnings are capped at £500, for example.

Minimum odds 

Your qualifying bet must adhere to the declared minimum odds in order to receive your free bet. These will usually be low – often falling around the evens or even 1/2 mark, as it is with William Hill – so there shouldn’t be too many problems here, but it’s worth double checking just in case you fancied betting on the favourite and their odds aren’t high enough.

For a free bet promotion, we recommend you go for the safest odds possible for your qualifying deposit, and are more bold with your free bets, so that you’re not risking too much money in the pursuit of your free bet privileges. If you were playing with a money back bet, however, it might be worth going for the longer odds from the off, as you’re sure to be refunded if it doesn’t come through.

Wagering requirements 

Wagering requirements are the amount that you’ll have to wager before you can withdraw any real cash from your free bets, and as such have the frustrating ability to nullify your bonuses. 

While these are more prominent in the world of online casinos, you might still come across them at various bookies. If you do, you usually only have to wager one or two times the value of your Cheltenham free bet, which is much less than they tend to be at the casino. Therefore, wagering requirements shouldn’t make it too difficult for you to make cash returns from your free bets at online bookmakers, but even the slightest wagering requirements can present difficulties, so keep an eye out for them.

Time limits

Every bookie will declare how much time you have to place your free bets – be it one week, one month or three months. If you don’t like feeling rushed, or don’t want to have to spend quickly in order to clear any wagering requirements you might have, go for the offer with the longest shelf life. However, if you’re a frequent gambler, even one week is likely plenty of time to use all of your free bets, as long as there aren’t any wagering requirements attached. 

Market restrictions

Free bets will often be restricted to certain markets. Many free bets can only be spent on horse racing, while others allow users to explore a number of different sports and markets. Browse through the different offers and choose whichever free bet package suits you best, whether it’s one that caters specifically to the Cheltenham festival, or one that will allow you to branch out. 

Eligibility

To be eligible for Cheltenham Free Bets from each betting site, it is imperative the customer makes sure they do not have an account already registered with the bookmaker. Additionally, some betting sites fall under the same umbrella that another site may also be owned by, thus making a customer ineligible for a welcome offer from both of the firms. 

Payment Method Restrictions

When signing up o a new betting site, be sure to check which payment methods are allowed and which will make a new customer ineligible for a welcome bonus. Some betting sites only allow deposits from a debit card to activate free bets, while others allow Apple Pay as well. It is rare, but not unheard of, that a site will allow any deposit method to be used in conjunction with their sign-up offer.

Promotional Abuse

Punters can be banned from betting sites for abusing promotions. Examples of promotional abuse are arbing and matched betting.

Cheltenham Bookies Offering Best Odds Guaranteed

Best Odds Guaranteed is one of the most popular Cheltenham promotions with punters. The concession means if you take a price on a horse and its SP is bigger, you will get paid out at the bigger odds. Let's take a look at which betting sites do and don't offer Cheltenham Best Odds Guaranteed:

Cheltenham Bookies Offering Extra Each-Way Places

Before the days of online betting, punters had to settle for standard each-way terms. Not anymore! One of the best Cheltenham Festival betting offers is the myriad of extra places offered by bookmakers on a wide range of the races. Below we list some that will be offering extra places on the day or nearer the time:

Cheltenham Bookies Offering Live Streaming

As technology has advanced, something that is now deemed as normal on most betting sites is live streaming of sports events - particularly racing - for customers who are logged in. At the Cheltenham Festival many will not be able to sit down and watch either ITV Racing or Racing TV where the action will be broadcast on television, so the availability of live streaming to (hopefully) watch your selection storm to glory up the Cheltenham hill is crucial for many bettors. Below we list which betting sites offer Cheltenham Live Streaming:

Important things to consider when betting on Cheltenham Festival 2025

Betting on the Cheltenham Festival can add to the excitement of one of the biggest weeks in sport. Nevertheless, gambling should always be something done with a cool head and with an array of research behind any bettor. Here we outline some considerations you must take into account before betting at the 2025 Cheltenham Festival:

• Make sure to read the form of each race carefully. The more information you consume, the better informed your betting choices will be.
• Don't gamble irresponsibly. Cheltenham is the biggest week of the year in the sport of horse racing, but sticking to a staking plan is crucial for anyone who wants to gamble successfully.
• Take advantage of new and existing customer offers. There is no week quite like it for offers that some of the best online bookies for Cheltenham promote to their new and existing customers. Make sure to check them all out to be sure you are betting in the right place for each race.
• Get the best price. Here at HorseRacng.Net we have our odds comparison grids that update minute by minute for all 28 Cheltenham races. Make sure you get the best price on your Cheltenham selections.
• Get as many extra places as you can. Particularly in the handicaps, there are bookmakers offering a plethora of extra places for each-way bettors. Getting this concession can be the difference between a winning and losing bet, so be sure to clue yourself up in plenty of time.

Can you withdraw Cheltenham Free Bets?

As a general rule in the betting industry, Cheltenham Races Free Bets cannot be withdrawn by the customer once they are credited. At Cheltenham this is the same, however the winnings from Free Bets can usually be withdrawn instantly once the bet has settled. Be sure to read in detail the terms and conditions outlined by your bookmaker when using a Free Bet at the Cheltenham Festival on their betting site.

What payment methods are accepted for Cheltenham Festival bets?

To take advantage of Cheltenham free bets, you’ll usually have to make a qualifying bet at your chosen bookmaker - and to do that, you’ll need some funds in your betting wallet. Below is a rundown of some of the different payment methods you might use and have accepted for the Cheltenham Festival. But before you claim, be sure to check the T&Cs for payment exclusions. 

PayPal

One of the most popular e-wallet services, PayPal is a great choice for bettors looking to keep all their funds in one place. With a free PayPal account, you can hold a balance or link different payment cards. Then, simply use your registered email and password to log in and complete the transaction — no sharing of your financial info with the bookie is required. Along with convenience and security, withdrawal speed is another major benefit of PayPal and you’ll often receive your money within an hour or so of making the request.

Debit Cards

Still favoured by the majority of users, debit cards are a quick and simple way to make your deposit and they’re always eligible when claiming a bonus. Deposits land instantly, although withdrawals may take a few days to arrive. 

Trustly

Open Banking payment solution Trustly acts as an intermediary between your bookie and your bank account. There’s no need to sign up to use the service — instead, you connect it with your online bank account using the secure Trustly portal. From there, instant deposits and withdrawals can be made with ease, and the service is usually eligible for bonuses too.

Paysafecard

If you’d rather keep your financial details off the net altogether, a prepaid card like Paysafecard is a fantastic option. These vouchers can be bought at retail locations like newsagents or supermarkets, and the 16-digit code can then be used to deposit at Cheltenham bookies. The main drawback is withdrawals are rarely supported via this method.

Skrill

Skrill is another e-wallet popular among bettors. Benefits include strong security, convenience, and transaction speed. However, Skrill is often disqualified when claiming Cheltenham free bets, and there are also a few fees attached when moving money between your Skrill balance and a bank account. 

Neteller

Neteller is owned by the same company as Skrill, and its service is incredibly similar. As with all e-wallets, you’ll be able to complete transactions without sharing financial info with the bookmaker, but you’ll likely be disqualified from claiming any Cheltenham free bets.

Most Popular Cheltenham Races

Although every race at Cheltenham is one to enjoy and savour, there are undoubtedly headline acts on each of the four days of the Festival. Starting with the Tuesday, which could be the day most use their Cheltenham sign up offer, Day One of the Festival, the highlight will be the Champion Hurdle. 

On Wednesday, the feature race is the Queen Mother Champion Chase.

Thursday is up next and although the Ryanair Chase is a big race in its own right, the headline attraction on Thursday is undoubtedly the Stayers' Hurdle.

Finally on Friday, this is of course Cheltenham Gold Cup day. Will Galopin Des Champs make history, or will a young pretender take his crown?

If you are on this page in the midst of the 2025 Cheltenham Festival and are on the hunt for the latest results, we have you covered with our dedicated Cheltenham Results page.

Cheltenham Betting Markets

There are a myriad of potential bet types that can be placed at the Cheltenham Festival. They include:

• Win only singles - Betting on a single horse to win a race.
• Each-Way singles - Placing a bet on a horse to either win or finish in a specified range (usually the top two, three, or four positions).
• Doubles - Betting on the winners of two separate races both to win
• Trebles -: Similar to doubles, but involves selecting the winners of three separate races.
• Accumulators - Often shortened to 'accas', combining multiple selections into one bet, with each successive bet's winnings rolling over to the next.
• Lucky 15 -: A bet that includes four selections and consists of 15 individual bets (4 singles, 6 doubles, 4 trebles, and 1 fourfold accumulator).
• Lucky 31 -: A bet on five selections, encompassing 31 individual bets (5 singles, 10 doubles, 10 trebles, 5 fourfolds, and 1 fivefold accumulator).
• Lucky 63 -: A bet on six selections, involving 63 individual bets (6 singles, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds, and 1 sixfold accumulator).
• Yankee -: A multiple bet comprising four selections and consisting of 11 bets: 6 doubles, 4 trebles, and 1 fourfold accumulator.
• Trixie -: A bet on three selections, consisting of 3 doubles and 1 treble.
• Patent -: A bet on three selections, including 7 individual bets (3 singles, 3 doubles, and 1 treble).
• Canadian - A multiple bet involving five selections and consisting of 26 bets: 10 doubles, 10 trebles, 5 fourfolds, and 1 fivefold accumulator.
• Heinz - A bet on six selections, comprising 57 bets: 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds, and 1 sixfold accumulator.
• Super Heinz -: A bet on seven selections, consisting of 120 bets: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds, and 1 sevenfold accumulator.
• Goliath - A multiple bet on eight selections, involving 247 bets: 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, 8 sevenfolds, and 1 eightfold accumulator.
• Forecast - Predicting the order of the first two horses in a race.
• Reverse Forecast - Betting on two horses to finish first and second in either order.
• Tricast - Predicting the correct order of the first three horses in a race.

Cheltenham Festival 2025 Race Schedule

Tuesday 11th March 2025

Wednesday 12th March 2025

Thursday 13th March 2025

Friday 14th March 2025

Frequently Asked Questions About Cheltenham Free Bets

Useful Bookmakers' Cheltenham Festival Links

• CopyBet Cheltenham Offer
• BetMGM Cheltenham Offer
• BetVictor Cheltenham Offer
• BoyleSports Cheltenham Offer
• Sky Bet Cheltenham Offer
• William Hill Cheltenham Offer
• Midnite Cheltenham Offer
• Bet365 Cheltenham Offer
• Parimatch Cheltenham Offer
• Betfred Cheltenham Offer
• SBK Cheltenham Offer
• Betgoodwin Cheltenham Offer
• AK Bets Cheltenham Offer
• Grosvenor Sport Cheltenham Offer
• BetUK Cheltenham Offer
• Unibet Cheltenham Offer
• Spreadex Cheltenham Offer
• Virgin Bet Cheltenham Offer
• LiveScore Bet Cheltenham Offer
• QuinnBet Cheltenham Offer
• Betway Cheltenham Offer
• Coral Cheltenham Offer