Parimatch Cheltenham Offer 2026: Get £20 in Free Bets When you Bet £10

New customers at Parimatch can claim £20 in free bets by placing a first bet of £10 during the 2026 Cheltenham Festival.

The free bets are issued as 4 x £5 and credited to your account once your qualifying bet settles.

How to Claim the Parimatch Cheltenham Sign Up Offer 

You can claim this Parimatch Cheltenham offer by following these simple steps: 

• Visit the Parimatch Website: Click any of the links on this page to be taken directly to the correct sign-up page.

• Create Your Account: Hit the ‘Sign Up’ button and fill in your personal details, such as your name, date of birth, and address.

• Opt In to the Promotion: Once your account is created, head to the ‘Offers’ tab and opt in to the Sports Welcome Offer.

• Make a Deposit: Deposit at least £10 into your account using a valid debit card or Apple Pay. Other payment methods may not qualify.

• Place Your Qualifying Bet: Place a £10 bet on any market at the Cheltenham Festival, or any other sport, as long as the odds are Evens (2.00) or greater.

• Receive Your Free Bets: Once your qualifying bet has settled, your 4 x £5 free bets will be credited to your account to use on the specified markets.

Parimatch Welcome Offer Key Terms and Conditions

To be eligible for the Parimatch Welcome offer, you need to meet the following requirements or rather terms and conditions:

• This offer is strictly for new UK customers, aged 18 or over.

• You must opt-in to the promotion via the ‘Offers’ tab before placing your bet.

• Your £10 qualifying bet must be placed at odds of 2.00 (Evens) or greater within 7 days of registration.

• The 4 x £5 free bets are for set markets and cannot be used on horse racing. They also expire after 7 days.

• To qualify, you must make your initial deposit via a debit card or Apple Pay.

• Your qualifying bet cannot be cashed out.

Parimatch Cheltenham Festival Offers For Existing Customers

While the welcome bonus isn’t geared towards racing, Parimatch makes up for it with some excellent offers for existing customers that are perfect for the Cheltenham Festival.

Run For Your Money

This is a standout promotion for horse racing punters. If you back a horse in any UK or Irish race and it refuses to start, whips around at the start, or otherwise loses all chance of winning at the stalls, Parimatch will refund your stake as cash. Most bookmakers offer a free bet in this scenario, so getting actual cash back is a huge plus and provides a brilliant safety net for your Cheltenham bets.

Non-Runner No Bet (NRNB)

Parimatch has been confirmed as one of the bookmakers offering Non-Runner No Bet on all 28 races at the 2026 Cheltenham Festival. This is a vital offer for anyone placing their ante-post bets, as it means you’ll get your stake back if your horse doesn’t end up running in the race you’ve backed it for.

Bet Boosts

Look out for regular Bet Boosts across the four days of the Festival. Parimatch will enhance the odds on selected horses and multiples, giving you the chance to land a bigger return if your punt comes in.

Parimatch Cheltenham Festival Betting Markets 

Parimatch offers bets on many of the major Cheltenham races, including the Champion Hurdle, Ryanair Chase, Champion Chase, Stayers Hurdle and Gold Cup. Some of these betting markets and specials are listed below:  

Lengthen the Odds

Short-priced favourites such as Constitution Hill are often available during the Cheltenham Festival. Parimatch offers betting markets for winning distances on such races, and this type of bet is known as ‘Lengthen The Odds.’ It involves picking a horse to win by a certain margin and the user can decide how big that margin shall be. 

Place-Only Bet

Back a horse to finish in the places without needing it to win. You can also split your stake between a win bet and a place bet on the same selection.

Match Betting

This betting option is a unique market where you wager on two horses in any race. You can bet that horse X will win outright over horse Y. 

Betting Without Market

In this market, the odds are set without the favourite and/or second favourite. This means you can place a wager on horse X to win the race, ignoring the horses mentioned in the without concession. So if the horse excluded in the without betting finishes first and horse X takes second place, you win the bet. 

Bet Boosts

This is one of the many Parimatch Cheltenham specials you should watch out for. Betboost allows for a significant boost in odds on most horse races at the Festival..

Parimatch Lucky Dip: A Feature Worth Using at Cheltenham

One feature that sets Parimatch apart at Cheltenham is Lucky Dip, a bet type in which your selection is randomised, but the odds are enhanced above the standard market rate. You choose your stake and the sport or market category; Parimatch selects the runner on your behalf at boosted odds.

Lucky Dip is available on horse racing, making it directly relevant across all four days of the Festival. For casual punters who want competitive odds without researching a full field, it removes the selection process entirely and replaces it with enhanced value, a straightforward way to engage with markets like large-field handicaps where picking a winner is genuinely difficult.

The feature operates across multiple sports markets on Parimatch, so it remains useful beyond racing if you want to combine a Cheltenham bet with coverage of other events running during Festival week. Lucky Dip is accessible via both the Parimatch website and app throughout the meeting.

Is Cheltenham Festival Live Streaming Available on Parimatch?

Yes, it is. Parimatch streams all UK and Irish horse racing live via their partner At The Races, covering every race at the 2026 Cheltenham Festival. To access a stream, you need to have placed a bet of at least £1 on that race. The stream is accessible via both the website and the Parimatch app.

Frequently Asked Questions about Parimatch's Cheltenham Festival Offer