Cheltenham Free Bets & Betting Offers (2024)

Compare the best Cheltenham Festival betting offers and free bets in the UK below!

Written by Steven Hubbard
Verified by BettingLounge team
Last updated 12/02/2024

The Best Cheltenham Free Bets and Betting Offers

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Betfred
Bet £10 Get £40 in Bonuses
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  • BettingLounge Exclusive Bonus
  • High Odds
  • Trusted Brand
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WELCOME40
New UK 18+ only. Register (excl. 13/04/2024) with promo code WELCOME40, Bet £10+ on Sports in one transaction within 7 days of registering. Get £30 Free Bets & £10 free spins within 10hrs of bet settlement. Bonuses expire 7 days after issue. Min odds, eligibility & payment exclusions apply. T&Cs apply.
BetGoodwin
50% Back As Free Bet (Up to £25)
  • Visa
  • Mastercard
  • Brand New UK Betting Site (March 2022)
  • 50% first day losses up to £25
  • Great for Horse Racing Betting
Offers: Minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger to qualify. Max free bet £25. Free bets are non-withdrawable and to be credited within 24 hours.
bet365
Bet £10 Get £30 in Free Bets
  • Visa
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  • Google Pay
  • +
  • Huge Range of Markets
  • High Odds
  • Trusted Operator
New Customers only. Bet £10* & Get £30* in Free Bets. 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 they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. Registration required.
Coral
Bet £5 Get a £20 Free Bet
  • Visa
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  • +
  • Great Betting Apps
  • Exclusive Welcome Bonus
  • Low betting margins
18+ New UK & ROI Customers only. Min deposit £5. Min first £5 bet at minimum odds 1/2 to qualify for 1x 20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
Ladbrokes
Bet £5 Get £20 in Free Bets
  • Visa
  • Mastercard
  • Paysafecard
  • Paypal
  • Top Tier Betting Apps
  • Exclusive Free Bets Bonus
  • Great Promotions for All Customers
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.
Hollywoodbets
Up To £30 Back as a Free Bet + 20 Free Spins
  • Visa
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  • BettingLounge Exclusive Bonus
  • New UK Casino & Sportsbook
  • Fast Withdrawals
Deposit £10+ on card. Stake £10+ on both your 1st & 2nd bets at min odds of 1.5 (1/2) within 3 days of registration & receive a £10 Free Bet for each qualifying bet resulted as a loss. Free Bets only be valid on multiples with 3+ legs & min cumulative odds of 3.0 (2/1). Min odds of 1.4 (2/5) required per leg. Free Bets must be used within 3 days of them being received. 20 Free Spins will only be available for use on the slot game ‘John Hunter and the Book of Tut Respin™.Promo period: 12/08/2023 – 01/01/2024.
Betway
£30 Matched Free Bet if your first Acca loses + 50 Free Spins on Big Bass Bonanza
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  • BettingLounge Exclusive Bonus
  • High Odds
  • Great Promotions for Existing Customers
*New UK customers only. Min Stake: £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. 50 Free Spins on Big Bass Bonanza (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. 18+ BeGambleAware.org. Bet the Responsible Way. Full terms apply.
Bet UK
Bet £10 Get £30 in Free Bets
  • Visa
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  • BettingLounge Exclusive Bonus
  • Comprehensive sportsbook with good margins
  • Top-notch betting apps
T&Cs apply. New cust only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 1 x £10 Horse Racing, 1 x £10 Free Bet Builder and 1 x £10 Football. 7 day expiry. Stake not returned. 18+ BeGambleAware.org.
Spreadex Sports
Bet £10 Get £40 in Free Bets
  • Visa
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  • Bank Transfer
  • Exclusive Bonus
  • Updated Sportsbook (2021)
  • Spread & Fixed Odds Betting
18+ begambleaware.org. Spread betting losses can exceed deposit.
talkSPORT BET
Get up to £40 in Football Free Bets
  • Visa
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  • Bank Transfer
  • Apple Pay
  • New UK Betting Site (2022)
  • Exclusive Welcome Bonus
  • High Betting Odds
18+ New customers only. Opt in & bet via mobile up to £40 (min. £20) on any football market at odds of 2.00+, in 7 days. Get up to £40 in free bets on selected markets. Bonuses expire in 7 days. Card payments & Apple Pay only. T&Cs apply. begambleaware.org | Please gamble responsibly.
Thepools
£50+ Free Bets Every Week + Deposit £10 Get 100 Free Spins
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • BettingLounge Exclusive Bonus
  • Brand New Revamped Sportsbook (April 2023)
  • Good Promotions
18+, UK only. Min odds and selections apply per offer. Cashed out bets and bets on non-runners do not qualify. Free bets are credited at bet settlement and will expire 7 days after being credited. Full terms apply per offer. 18+, UK only. First deposit and Stake £10 on casino slots. On qualification of the promotion you will receive Free Spins on Big Catch Bass Fishing. Qualifying players will have the Free Spins automatically credited to their account. The value of each Spin awarded as part of this promotion is £0.10 per spin. Full T+Cs Apply.
Unibet
Money Back as a Bonus up to £40 +£10 Casino Bonus
  • Visa
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  • High Betting Odds
  • 40+ Sports
  • Live streams
18+ begambleaware.org. 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 Unibet.co.uk for full T&C's.
William Hill
Bet £10 Get £30 in Free Bets
  • Visa
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  • Comprehensive Sportsbook with Live Streaming
  • Top-tier Betting Apps
  • Daily Odds Boosts
18+. Play Safe. New customers using Promo code R30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 3 x £10/€10, 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
VBet
Bet £10 Get £20 in Free Bets
  • Visa
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  • Bank Transfer
  • +
  • New Betting Site
  • Good welcome offer
  • 40+ Sports
Available to all new customers residing in the UK. Place a £10+ acca bet with at least 3 selections and get 2 x £10 free bets to use on accas with 3+ selections. The first free bet must be wagered within 14 days to unlock the second free bet. Full T&Cs apply. 18+. Please gamble responsibly. BeGambleAware.org
BetVictor
Bet £10 Get £30 in Free Bets
  • Visa
  • Mastercard
  • Paypal
  • +
  • Highest Odds in our Tests
  • Great Welcome Offer
  • Old and Trusted Bookmaker
18+ New customers only. Opt-in, bet £10 at odds 2.00+ within 7 days, no cashout. Get 6x £5 Free Bets, set events at odds 2.00+. 7 day bonus expiry. Debit Card / Apple Pay payments only. Click for T&Cs. Please Gamble Responsibly.
Betzone
50% Back as Free Bets Up To £60
  • Visa
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  • Bank Transfer
  • BettingLounge Exclusive Offer
  • New Betting Site (March 2022)
  • iOS & Android Betting Apps
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NEWWELCOME60
18+ New customers only. GB & ROI customers only. Promo code NEWWELCOME60 must be used. Certain bet types are excluded. 3 qualifying bets of £10 or more required within 3 calendar days of registration. Bets must be placed and settled on the same day as the event. 50% back based on net losses after 3 calendar days or if you reach £120 of net losses before 3 days is up, you will receive your Free Bet the following day. Your Free Bet will expire after 7 days. Free Bet is £1min, capped at £60. Restrictions + T&Cs apply.
Kwiff
Bet £10 Get a £30 Surprise Bet
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  • BettingLounge Exclusive Bonus
  • New Sports Betting App
  • Supercharge your Odds!
New customers & 18+ only. Min. deposit of £10. Qualifying real money bet of £10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer awarded immediately but could be issued the next working day in exceptional circumstances such as technical fault. Additional T&Cs apply. Please gamble responsibly.
Parimatch
Bet £10 Get £30 in Free Bets
  • Visa
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  • Paypal
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  • New 2020 (October) Betting Site
  • Fantastic Betting Apps
  • Low Betting Margins
Terms: 18+ New customers only. Opt in, and bet £10 on football markets (odds 2.00+). No cash out. Get 6x£5 football free bets at specified odds for set markets, which expire after 7 days. Offer valid from 12:00 UK Time on 25/08/2023. Card payments only. T&Cs apply, see below. begambleaware.org | Please gamble responsibly
QuinnBet
£35 Free Bet Plus 10 Free Spins
  • Visa
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  • Bank Transfer
  • Many sports promotions
  • Comprehensive sportsbook
  • Low betting margins
To activate this promotion you must deposit and stake a minimum of £10. You must place a minimum of 3 rounds during the qualifying period and 2 of these rounds must be at least half the value of your highest placed wager. T&Cs apply | 18+ New UK Customers Only | BeGambleAware.org
Fitzdares
Bet £50 get £25 in Free Bets + 10 No Wager Free Spins
  • Visa
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  • BettingLounge Exclusive Free Bet Bonus
  • Good Betting Apps
  • Free UK & Irish Racing Streaming
New customers only, 18+. Min deposit £10. Place a £50 bet on any sport at 2.0+ to qualify for £25 in free bets and 10 Free Spins. Free Bets and Spins valid 7 days. £0.10 Free Spins. T&Cs apply. BeGambleAware.org.
SBK
Bet £10 Get £30 in Free Bets
  • Bank Transfer
  • Visa
  • Mastercard
  • +
  • BettingLounge Exclusive Sign Up Bonus
  • Brand New Sports Betting App
  • Highest Betting Odds in the Industry
New UK, IE & Malta customers only. Min £10/€10 first deposit using Debit Card. Place a bet of £10/€10 at min odds of 1.5 to get £30/€30 in Free Bets. Distribution of Free Bets may vary depending on territory. 18+. BeGambleAware.org. Full T&Cs apply

Cheltenham Festival Free Bets & Betting Offers (2024)

The Cheltenham Festival is four days of Jump horse racing with over 260,000 people attending each year, and we have collected a list of exclusive Cheltenham free bets & betting offers for both new and existing customers.

Horses, jockeys and owners battle it out for the massive £4.5 million available in prize money!

  • Day One: Champion Day
  • Day Two: Ladies Day
  • Day Three: St Patrick's Thursday
  • Day Four: Gold Cup Day

On this page, you will find plenty of exclusive Cheltenham betting offers including free bets, money-back specials and massive odds boosts for favourites.

While the Grand National might be a more captivating event for more casual sports betting fans in the UK, there is no understating the importance of the Cheltenham Festival to horse racing.

The Gold Cup is the big race of the festival but horse racing lovers will be tuned in for the full four days of competition, which will see some of the world's finest horses take each other on.

As well as the Cheltenham Gold Cup, top races to look out for over the course of the week include the Champion Hurdle, the Queen Mother Champion Chase, and the Stayers' Hurdle.

Naturally, there is huge betting interest in the Cheltenham Festival, which is known for having one of the best live sporting atmospheres in the country. It is estimated that hundreds of millions of pounds are spent on Cheltenham Festival bets every single year - the event is truly massive.

That means betting sites are always working hard in a bid to attract new customers, as well as ensuring their existing users return to use them for racing bets rather than a rival operator.

Keeping track of the best Cheltenham betting offers and seeing what Cheltenham free bets are up for grabs is not easy for horse racing fans, so this is where we come in to help out.

Our experienced team have their eyes and ears open at all times to bring you all the top Cheltenham betting promotions and Cheltenham betting offers for the Festival.

Cheltenham Betting Offers & Free Bets

Almost all of the Cheltenham betting offers and free bets will be new customer sign-up offers. But, there are plenty of betting sites out there for punters to sign up too!

If you are here early, we recommend checking out our list of exclusive horse racing betting offers for bonuses that are valid all year round.

Claiming the free bets is pretty straightforward. Simply, sign up to a betting site as a new customer, and be sure to read the significant terms and conditions we list below each offer. Generally, free bets have very easy turnover requirements and offer a great way of betting.

Our Cheltenham free bets saw a number of new bookies that launched in the past years, offering some huge free bet specials ranging from massive odds boosts and money back specials.

We recommend reading our Cheltenham live streaming guide if you want to find out how to watch free Cheltenham live stream for every race.

Betfred

Betfred Cheltenham Offer

Betfred Cheltenham Free Bet

Bet £10 Get £40 in Bonuses

Min. Deposit £10
Max. Amount £40
Turnover No wagering
Expiration 7 Days
Bonus code WELCOME40
New UK 18+ only. Register (excl. 13/04/2024) with promo code WELCOME40, Bet £10+ on Sports in one transaction within 7 days of registering. Get £30 Free Bets & £10 free spins within 10hrs of bet settlement. Bonuses expire 7 days after issue. Min odds, eligibility & payment exclusions apply. T&Cs apply.
Ladbrokes

Ladbrokes Cheltenham Free Bets

Ladbrokes Cheltenham Festival betting offer

Bet £5 Get £20 in Free Bets

Min. Deposit £5
Max. Amount £20
Turnover No wagering
Expiration 7 days
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

Coral Cheltenham Free Bets

Coral Cheltenham Festival betting offer

Bet £5 Get a £20 Free Bet

Min. Deposit £/€5
Expiration 7 days
18+ New UK & ROI Customers only. Min deposit £5. Min first £5 bet at minimum odds 1/2 to qualify for 1x 20 free bet. Certain deposit methods and bet types excl. Free bet valid for 7 days, stake not returned. Restrictions + T&Cs apply.
bet365

bet365 Cheltenham Offer

bet365 Cheltenham Offer

Bet £10 Get £30 in Free Bets

Min. Deposit £5
Max. Amount £30
Turnover No wagering
Expiration 30 days
New Customers only. Bet £10* & Get £30* in Free Bets. 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 they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. Registration required.
William Hill

William Hill Cheltenham Offer

William Hill Cheltenham Offer - Deposit using the promo code "H30"

Bet £10 Get £30 in Free Bets

Min. Deposit £10
Max. Amount £30
Turnover No wagering
Expiration 30 days
Bonus code R30
18+. Play Safe. New customers using Promo code R30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 3 x £10/€10, 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

Unibet Cheltenham Money Back Special

Unibet Cheltenham Bonus - £40 Money Back Racing Bonus

Money Back as a Bonus up to £40 +£10 Casino Bonus

Min. Deposit £10
Max. Amount £50
Turnover Casino 50x, sportsbook 3x
Expiration 7 days
18+ begambleaware.org. 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 Unibet.co.uk for full T&C's.

Different Types of Cheltenham Festival Offers

Online bookmakers in the UK always come up with some new special deals for the Festival. These are some of the different types of Cheltenham betting offers that we expect to see: 

Free Bets

The main thing most punters will be hoping to see is lots of Cheltenham free bets. It goes without saying that betting sites will be dishing out a lot of Cheltenham free bets to new users who they are convince to sign up for an account. But Cheltenham free bets may also be offered to existing customers in order to reward them for their loyalty.

You can activate the free bets bonuses when you join as a new customer (no deposit free bets), on your first deposit, or when placing a qualifying bet.

We will also have through the card free bet bonuses which usually give free bets for each race in the card if you bet on the first race. Once again, these bonuses are mostly for new customers.

When you click through the free bet offer in our list, you will land on a page with a step-by-step guide for how to claim the bonus.

Enhanced Odds

Getting the best value out of Cheltenham bets is absolutely crucial to horse racing fans who are planning to place plenty of wagers on the Festival. Most top betting sites in the UK will be offering price boosts and enhanced odds on many of the major races that are set to take place over four top days of racing at Cheltenham.

When we are a week or two away from the Cheltenham Festival, be sure to check this page for exclusive enhanced odds bonuses. These will often be odds boosts for a select horse (usually the favourite) and can payout in free bets or cash.

Almost every year, we see popular horses such as Tiger Roll get a massive price boost, and we will share the exclusive enhanced odds bonus as soon as we get it.

Matched Deposit Bonuses

New users who are not particularly attracted to the Cheltenham free bets that can be claimed might want to get matched deposit bonuses instead.

These work in exactly the way people would think - betting sites give out a bonus to double the amount added to an account in a first deposit. So, for example, if a customer signed up and deposited £50 into their account, they would get another £50.

No Deposit Cheltenham Free Bets

One of the best types of Cheltenham betting offers to look out for ahead of the Festival is no deposit free bets. These are not that common but no deposit free bets are always in high demand whenever they are made available.

Users can get Cheltenham free bets without even having to make a deposit with this offer. However, it is important to check the small print of the terms and conditions for these Cheltenham betting promotions - maximum wins and wagering requirements may apply.

Best Odds Guaranteed Cheltenham Offers

A very common Cheltenham betting promotion that will be in place at the top horse racing bookmakers in the UK for the Festival is Best Odds Guaranteed, which is often referred to as just BOG for short.

With BOG, bookmakers pledge they will pay out winning wagers on the Cheltenham Festival at the top odds that were available at any betting site in the build-up to the relevant race. What this means is users can be assured that when they use BOG, they will get the top price.

Cheltenham Festival Existing Customer Offers

All of the best horse racing betting sites will run a wide range of existing customer promotions during the Festival.

The extra places offer increases the number of places that will pay out during the Cheltenham Festival races. If the bookie you are using doesn't offer extra places, we recommend changing to one in our list above.

As well as extra places, the top horse racing sites will also have a "non-runner no bet" offer which is perfect if you are planning to place ante-post bets. Essentially, if the horse does not run, your bet will be voided and your money returned instead of losing.

You will also find several betting sites running "faller insurance or fail to finish the race" for Cheltenham, which can refund your stake as a free bet, void your bet if your horse falls, or fails to finish the race.

BOG or Best Odds Guaranteed is also a staple existing customer offer during the Cheltenham Festival. Pretty much every good horse racing betting site will offer BOG for all races throughout the festival.

The BOG offer means whatever odds you got the horse at will be adjusted if the starting odds (SP) are better, and this usually applies to win and each-way bets during the Cheltenham Festival.

Tips for Using Cheltenham Festival Free Bets and Cheltenham Betting Offers

While a lot of horse racing fans are well used to using Cheltenham Festival free bets and Cheltenham betting offers, others might be new to this and in need of tips and guidance.

The first thing to note is that the best Cheltenham free bets and Cheltenham betting offers are usually available to new users who are joining a betting site for the first time. This means the Festival is the ideal time to be signing up for betting site accounts as there is the chance to claim a lot of Cheltenham free bets.

Indeed, this is a great idea in order for horse racing fans to have access to all of the very best Cheltenham betting promotions that are likely to be up for grabs. While existing customers will hope to have their loyalty rewarded, Cheltenham free bets are mainly aimed at new users.

Watching out for leading Cheltenham betting promotions such as Best Odds Guaranteed, faller insurance and no runner no bet is also key around the Festival. BOG makes sure horse racing fans can get the most bang for their buck, as their winning wagers will be paid at the top price. Using a bookie with BOG for the Cheltenham Festival also means customers can save time on having to shop around for the best available odds on this year's hotly awaited event.

Another top type of Cheltenham betting promotion to look for is faller insurance, which might give back Cheltenham free bets if their selection does not make it to the end of the race. Users should also keep a close eye out for UK betting sites that offer no runner no bet, a deal that means that their wager will be given a refund in the event of the selection not starting the race.

How to Bet on the Cheltenham Festival

Online Betting Sites - Compare the best horse racing betting sites in our list if you choose to bet online. Be sure to compare the odds for the best value and compare the bookmaker's special offers.

Betting Shop - In most betting shops, the atmosphere for the Cheltenham Festival will be pretty special. Of course, it is nothing like being there, but we can't all be lucky enough to get tickets.

Best Odds Guaranteed

Be sure to use bookmakers that offer the "Best Odds Guaranteed" promotion during the Cheltenham Festival.

Essentially, this means if you back a horse and the starting price (SP) is higher than the odds you took, you will be automatically paid at the higher odds price.

This is usually for Win and Each-Way fixed odds markets, and the best UK bookmakers offer BOG on all their daily UK and Irish horse racing.

Bookmakers that offer BOG:

  • bet365
  • William Hill
  • BetVictor
  • Betway
  • Betfred
  • Betfair
  • Paddy Power
  • BoyleSports
  • 888Sport
  • Unibet
  • GentingBet
  • bwin
  • SportNation

Be sure to check each betting site to see if BOG is still running

FAQs

Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis. If you have any questions about online gambling in the UK, please don't hesitate to contact him.