Betway Cheltenham Offer: Get £10 in Free Bets for the 4th Day of the Festival
The fourth and final day of the 2025 Cheltenham Festival has come around and if you're still in search of some extra funds then take a look at Betway's Cheltenham offer which allows you a £10 free bet from a £10 opening bet after signing up.
As well as this sign up offer, Betway have extra places on a number of Day 4 races at the Cheltenham Festival, plus they have their legendary price boosts active on Friday.
Follow the steps outlined below to grab your matched free bet up to £10...
#AD New customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. Free Bet awarded: £10. 1 x £10 must be wagered at odds of 1.75+ to unlock Free Bet. Debit Card deposits only (exclusions apply). Free bet will expire 7 days after the 1st deposit. 18+. GambleAware.org. Bet The Responsible Way. Full Terms apply
How to Claim the Betway Cheltenham Sign-Up Offer
Here’s what you need to do to sign-up with Betway and grab yourself this Betway Cheltenham welcome offer:
- Open an account at Betway. You must be a new customer and over 18
- Input your details and verify your account if necessary.
- Make your first deposit, which must be £5 or more. Make sure to use a debit card and no other method.
- Place your qualifying bet. Maximum stake is £10 and minimum is £10.
- This offer is valid 7 days from the new account being registered so make sure to complete the requirements in this time frame.
Betway Cheltenham Offers Terms and Conditions
Here are the most important of the terms and conditions to be aware of regarding the Betway Cheltenham Festival sign up offer.
- Make a deposit of at least £5 to be eligible
- Minimum Stake is £10
- Maximum Free Bet is £10. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. Free Bet awarded: £10. 1 x £10 must be wagered at odds of 1.75+ to unlock Free Bet.
- Debit Card deposits only (exclusions apply).
- Free bet will expire 7 days after the 1st deposit.
- Free Bets will be ready to use upon settlement of the qualifying bet.

Betway Cheltenham Festival Offers For Existing Customers
Time to look at some other Betway Cheltenham promotion.
Betway Boosts
Betway regularly offers Betway Boosts. These boosts are unique to Betway and the bookmaker offer enhanced odds on certain selections. That’s likely to be the case for certain horses at the Cheltenham Festival.
Best Odds Guaranteed
This isn’t a Betway Cheltenham offer as such but rather an offer available on all UK and Ireland horse racing, every day. And that of course includes all Cheltenham races.
It means that you are always guaranteed to get the best possible price on a winning horse.
If you backed a horse on the day of the race at 2/1 (3.0) and its Starting Price was 6/4 (2.5) and it went on to win, you’ll be paid out at 2/1.
If you backed the same horse at 2/1 (3.0) on the day of the race and its Starting Price was 3/1 (4.0) and it went on to win, you’ll be paid out at its Starting Price of 3/1, the bigger of the two prices.
Extra Places for Each Way Bets
You can read an explanation of how each-way betting works below.
If you place an each-way bet at Cheltenham, Betway will pay out on extra places on selected races to give you a better chance of having a winning bet.
For example, in a particular race the normal each-way payout might be a Top 4 finish but Betway may decide to extend that to Top 5 places. It won’t make a difference if your horse finishes in the Top 4 anyway but if it finishes fifth you’ll have a winning each-way bet rather than a losing one.
Cheltenham Festival Day 4 - Extra Place Races
Betway are paying four places in the Albert Bartlett Novices' Hurdle, four places in the Open Hunters' Chase and five places in the Martin Pipe Handicap Hurdle.
Betway Cheltenham Festival betting markets
Win
Pick the horse who will win the race.
Each-Way
Half of your stake is on the horse to win, the other half on the horse to place. If the horse wins you get paid out on both bets; if it places only, you’ll only get paid out on that part of the bet.
Top 3 Finish
As long as your selection finishes in the Top 3, you’ll be paid out.
A v B
Back one horse to finish better than another in a straight shoot-out.
Why Bet With Betway at the 2025 Cheltenham Festival?
Plenty of promos
As you can see from the above, there are currently four Betway Cheltenham promotions and there may be even more nearer the time.
Timeform analysis
Every Cheltenham race will have the usual analysis and tips from racing data and content experts Timeform to put you on the right path.
How does Betway's Cheltenham offer compare to Bet365 and William Hill
It's fair to say that Betway's £10 free bet is a little less generous than most other bookmakers with the likes of bet365 and William Hill both offering £30 and £60 in free bets from a £10 qualifying bet. Still, with lots of existing customer promotions to complement the sign up offer its an account well worth having in your armoury for the Cheltenham Festival.
Is Cheltenham Festival Live Streaming Available on Betway?
It certainly is. To watch any race you just need to have a positive balance. If you don’t, you’ll need to place a £2 bet to watch the race.
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