Cheltenham Festival Betting Offers & Free Bets for 2025

By

Benedict Somerset

Last Updated: 10, March 2025

Cheltenham betting offers open the gate to more thrilling wagers and betting offers by boosting your bankroll and offering chances at better prices. These racing promos also provide a safety net on more risky bets by offering bet insurance.

You can find the best Cheltenham Festival betting offers and the sites that offer them here. We also provide all the essential information you’ll need, like what the various promos offer, how they work, and top tips to maximise them.

The Best Cheltenham Betting Offers

Top online betting sites typically have a selection of promotions, and things are no different during the Cheltenham Festival, with many of these bookies establishing unique offers for the occasion. Below, we offer a table highlighting the various Cheltenham betting offers provided by our top bookies.

Best Cheltenham Free Bets Comparison

The leading online betting sites offer exciting welcome bonuses for new UK bettors to claim when they register and deposit funds. These are typically free bets, and you can use these free bets at the Cheltenham Festival on races like the Queen Mother Steeple Chase or the Gold Cup.

The following table offers a comparison of the free Cheltenham bets offered by these top bookmakers:

Best Cheltenham Betting Sites Reviewed

The best Cheltenham Festival betting sites provide a range of sign-up offers and event-specific bonuses that make bets on one of the most anticipated races on the calendar more exciting. These bookies also offer the hottest odds, betting markets, and features for an unrivalled gambling experience.

Below, we review the top five bookies with the top Cheltenham betting offers and promotions.

1. Boyle Sports – 25 Bet Bundle up to £25

Boyle Sports is among the leading bookies for the best Cheltenham betting offers. New players signing up can unlock a 25 Free Bet Bundle up to £25. Unlocking the bonus is simple, as no promo code is required. However, you will need to make a minimum deposit of £10. You’ll also need to wager a bet with a minimum stake of 10 with minimum odds of 2.0.

In addition to the free bet welcome bonus, Boyle Sports offers several Cheltenham betting offers for existing players. These come in an assortment of styles, making it easy for you to choose the promos you want to claim according to your betting style.

These promos include the option to win free bets for the Cheltenham Festival, where the sportsbook requires you to bet continuously for five to seven days to unlock free Cheltenham bets of up to £10.

Other hot offers on the Cheltenham Festival include Pick Your Place wagers, which allow you to wager more each-way bets, with the site offering options up to 7th place. You can also claim a Non-Runner No Bet bonus on all Cheltenham Festival races, which promises to pay back your original stake in the off chance that the horse you picked when ante-post wagering doesn’t run.

BOG promos are also available where the bookie offers to pay you the best price if the starting price is better than the price you received when placing your wager.

Boyle Sports bonus

Pros and Cons:

Pros:

• Provides several Cheltenham Festival betting offers
• Offers NRNB promos on all races for the Festival
• Welcome bonus is generous and has low requirements
• Features Best Odds Guaranteed on horse races

Cons:

• Welcome bonus is paid out in £5 free bets
• Minimum odds for promos are high at 2.0

2. Betfair – New Bettors Get £20 in Free Bets

Betfair provides one of the hottest Cheltenham betting sign up offers, which comes as a £20 free bet. To claim the bonus, you must use the promo code ZBHC11 when depositing a minimum of £5.

Once you have done this, you’ll need to wager a bet with a minimum stake of £5 and minimum odds of 1.5 or 1/2 within 30 days of signing up. Once you have done this, the site will reward you £20 free bets to use on the Cheltenham Festival or other horse races.

This isn’t the only option, as the bookie provides several specific Cheltenham betting offers. One of these promos includes a £10 free bet when you bet £10 worth of multiples on the Cheltenham races. However, to qualify for this promo, the whole bet must have combined minimum odds of 2.0 or 1/1.

Betfair also provides a Superboost each day of the Cheltenham Festival, ensuring top odds on select races, which the site determines on the day. These boosted odds ensure you get more lucrative prices on some of the most exciting races.

Another of the betting offers for Cheltenham offered by Betfair is Non-Runner No Bet promos on all races, where you will receive your initial stake back on ante-post bets where your horse then doesn’t run.

Betfair bonus

Pros and Cons:

Pros:

• Claim a free bet welcome bonus to use on the races
• Features Non-Runner No Bet offers for ante-post wagers
• One of the few sites that offers a Superboost on races
• Offers free Cheltenham bets for multiples bets over £10

Cons:

• Welcome bonus requires a promo code
• Doesn’t provide a deposit match promo

3. Betfred – Get £50 in Free Bets

One of the most generous free bets for the Cheltenham Festival for new bettors in the UK comes from Betfred. The bookmaker offers an exciting £50 free bet to bettors signing up with the site and making a debit card deposit of £10 or more. But you’ll also need to wager a minimum bet of £10 using minimum odds of 2.0 or 1/1. 

Once you have met these requirements, the bookie will pay out your bets as three £10 free bets and two £10 acca free bets. You have seven days to use these free bets with 1x wagering requirements.

Another of the Cheltenham offers for betting provided by Betfred is a 10% Winnings Boost on horse racing, which offers a 10% bump to your payout provided you wager £50 or more on a race. Other offers include free Cheltenham bets if your horse places 2nd, or, 2nd or 3rd.

The betting site also provides hot race day offers, including Extra Place Races, where you can wager place bets on horses up to 7th place. However, ante-post bets don’t apply to this promo, so you’ll need to make your selections on the day of the race. Nevertheless, bettors who have wagered ante-post bets on the Cheltenham Festival can use NRNB offers on specific races.

Betfred bonus

Pros and Cons:

Pros:

• Provides one of the most generous free bet offers
• Features several free bets for horses that place
• Claim extra places races for bets up to 7th place
• Applies low minimum odds for qualifying bets

Cons:

• Welcome bonus paid out in separate free bets
• Only debit card payments qualify for promo

4. Sky Bet – Earn £30 in Free Bets New Bettor Promo

Sky Bet is one of the best Cheltenham sites for exclusive promos to use at the event. UK bettors signing up with the bookie can unlock a welcome bonus that offers £30 in free bets. You can place any bet of £0.05 or more using odds of 1/1 or more to access the three £10 free bets the bookie offers. The promo has a 30-day validity period. Remember that these free bets are non-withdrawable, and the free bet stakes are not included in your returns.

Sky Bet also provides several other unique Cheltenham betting offers for existing customers. The bookmaker offers new promos that you can claim daily to earn free bets and offers to use on the Festival. For example, the site offers boosted odds of 7/1 instead of 7/2 on bets on two favourites that ran last year.

You can also unlock a £5 free bet for use on Day 1 of the Cheltenham Festival, giving you the chance to bet on more of the races run. Also offered are Non-Runner No Bet offers on all races in the festival, ensuring that if your horse doesn’t run, you receive your stake back.

The betting site also offers a jackpot promo in partnership with ITV7 for the event. All you need to do is correctly pick seven winners to win your share of up to £50,000. Participating bettors are also entered into a Gold Cup draw to win a car.

Sky Bet bonus

Pros and Cons:

Pros:

• Offers a promo with ITV7 to win up to £50,000
• The sites NRNB offers apply to all Cheltenham races
• Claim a £5 free bet on Day 1 of the Cheltenham Festival
• Provides the lowest minimum stake of £0.50 for promo

Cons:

• Free bets are not withdrawable 
• Some betting offers only last a few hours

5. Virgin Bet – A Welcome Bonus Free Bet of £20

Another bookmaker with thrilling Cheltenham races betting offers is Virgin Bet. By betting £10 on any sport (including the Cheltenham Festival races) with odds of 1.5 or 1/2 or more, you can unlock two £10 free bets. You have seven days to accept your free bets and then another seven days to use them, which should be easy, considering the bonus has low 1x wagering requirements.

Virgin Bet has three other thrilling Cheltenham betting offers available. These include a money-back bonus that pays out as a free bet if the horse you bet on loses. Remember that this promo is only valid for specific races and pays out a maximum of £20 in free bets, which you have seven days to use.

Also featured under the Cheltenham betting offers tab is an Extra Places bonus, which again only applies to specific races during the Festival. In this instance, you can wager place bets on horses up to  6th place, provided there are more than 20 runners in the race.

The final betting offers for the Cheltenham Festival come as Best Odds Guaranteed promos. However, these promos apply to all UK and Irish races run before the Festival, where the bookie will pay out the starting price if it is higher than the odds at which you placed the bet. You can only claim BOGs on wins and each-way bets.

Virgin Bet bonus

Pros and Cons:

Pros:

• Features a dedicated tab for Cheltenham betting offers
• Provides a free bet welcome promo for any sport
• Offers a money-back bonus on specific races
• Includes an Extra Places bonus up to six places

Cons:

• No deposit match promos provided
• GOB offers not applicable to Festival

Types of Cheltenham Betting Offers

Cheltenham betting offers come in a variety of styles and formats, making it easy for you to choose the ones that best suit your wagering preferences. These offers are available as new bettor bonuses or promos for existing customers. Below, we examine the best betting offers for the Cheltenham Festival for those signing up with betting sites.

Welcome Promos

Leading online bookmakers provide exciting betting sign up offers for Cheltenham bettors. These promos are usually exceptionally generous as bookies use them to encourage new bettors to join their platforms. These promos come in several variations, including free bets, cashbacks, or deposit matches. However, free bets on the Cheltenham Festival are always the most popular.

Deposit Matches

Cheltenham sites may offer deposit matches as a welcome promo. These bonuses provide large sums of bonus funds in return for depositing into your betting account. Betting sites match your deposit to a specific value, often doubling your betting funds. For example, a bookie may offer a 200% deposit match of up to £50.

Rebate Bonuses

Some sites opt not to offer bonus funds upfront but instead agree to pay back a percentage of your losses when you wager within specific parameters. For example, Mr Rex provides a 15% cashback of up to £500 on the Cheltenham Festival. So, the bookie will pay back 15% of all losses made at the Cheltenham Festival, up to a maximum of £500.

Betting App Offers for the Cheltenham Festival

The top betting sites provide downloadable betting apps enabling you to wager on the Cheltenham Festival using your mobile devices while on the go. These applications also offer a selection of promos for you to claim. Betting app Cheltenham offers may be the same as those provided by the bookie’s website, or they may offer unique app-specific promos.

Free Bet Offers

Arguably, the most popular offer for new bettors by Cheltenham sites is free bet offers. In most cases, the bookie offers you a free bet of a set value provided you deposit a certain amount and then wager a bet of a specific stake value using odds above a certain limit. For example, Betfred offers a £50 free bet provided you deposit and wager a £10 bet using odds above 1/2.

Best Cheltenham Offers for Existing Customers

Existing customers who have long since signed up with a Cheltenham Festival betting site and have already claimed and used a welcome promo are not left out. Top bookmakers provide a range of thrilling offers for these bettors, including offers created explicitly for the Festival. Top Cheltenham betting offers for existing customers include:

Non-Runner No Bet

Non-runner no bet (NRNB) offers are unique and typically apply to ante-post bets. Usually, if you wager an ante-post bet and your horse doesn’t run, you lose your initial stake. However, the NRNB provides a safety net where the bookie agrees to pay back your original wager if your horse is a non-runner.

Best Odds Guaranteed

A Best Odds Guarantee or  BOG promo is not one to be missed. This offer allows you to get the best possible price by paying you the starting price if this figure ends up higher than the odds you received when you made your bet.

Extra Race Places

Top Cheltenham sites like Betfred and Virgin Bet offer extended place promos on specific races. These bonuses provide exciting odds and payouts while giving you the chance to predict which horses will come in 5th, 6th, or 7th place in races with a larger group of runners.

Odds Boosts

Existing customers visiting bookies like Betfair can claim exciting odds boosts or super boosts. In offering these Cheltenham betting offers, the bookmaker will provide better odds for a given race or horse. If you claim the promo at these increased odds and win, you will receive your payout at these increased rates.

Faller Insurance

Sometimes, races don’t go as planned, and accidents may occur. Unfortunately, if you have bet on a horse and the horse becomes injured or the jockey falls, you won’t receive your initial stake back because the horse is considered to have made it out of the starting block. 

However, faller insurance protects against this and will pay back your full stake or a percentage of it should the jockey fall.

Accumulator Promos

Parlays or accumulator bets comprise several legs or bets you must win to win your acca bet. The payouts on these wagers are usually already high, and some betting sites offer to boost these further by providing accumulator promos that increase your winnings by a percentage. Often, the higher the risk of your wager, the more significant the bonus boost.

Best Cheltenham Betting Offers for Existing Customers

Cheltenham Racing Schedule

The smartest way to use the best betting offers for the Cheltenham Festival is by knowing when each race is and whether you can use your promo for that particular race. The Cheltenham Festival racing schedule below will help you keep on track so you know when to use your betting Cheltenham offers.

Free Cheltenham Bets Terms & Conditions

Betting sites with Cheltenham offers all apply terms and conditions to their promotions. While this may seem frustrating, it is done to protect the bookie and its bettors and ensure that the promos are fair for all. The T&Cs often vary from site to site and for each bonus, so to make it easier to understand what is required of you, we discuss the most common bonus terms below.

Minimum Odds 

Almost all Cheltenham Festival betting offers come with a minimum odds requirement. The bookie outlines the minimum odds you may use for a wager placed using bonus funds or to qualify for a promo. These minimum odds range between 1.5 or 1/2 and 3.0 or 2/1. Using odds lower than the value stipulated by the site will see you forfeit the bonus offer.

Wagering Requirement

Many sites apply wagering requirements to their Cheltenham betting offers. These requirements make it such that you cannot claim bonus funds and quickly withdraw them. Instead, you need to play through the bonus funds a number of times before you can request a payout. 

If you request a payout before meeting these requirements, you forfeit your bonus and winnings made from it. Luckily, the best Cheltenham betting offers have low 1x wagering requirements.

Time Limit

The time limit applied to free bets for the Cheltenham Festival or any other horse racing betting bonuses on offer refer to the amount of time in which you have to meet the promo’s wagering requirements or use the free bet bonus. If you don’t meet the requirements or use your free bet within this timeframe, you lose the bonus or any winnings made from it.

Payment Restrictions

Online bookmakers that provide Cheltenham betting offers sometimes outline that only deposits made using specific payment methods qualify for the free Cheltenham bets and offers. For instance, many bookies outline that deposits made using Neteller or Skrill do not qualify for their promotional offers.

Sports and Market Restrictions

Many bonus offers, including free bets and Cheltenham betting offers, have market or sports restrictions. In other words, you can only use the bonuses to bet on certain betting lines or sports. For example, Cheltenham Gold Cup betting offers may not be used to wager on the Day 1 Championship Chase. Similarly, Cheltenham betting offers may not be used to bet on football.

Max Win Limit

While it would be great if the payouts on Cheltenham betting offers were unlimited, this wouldn’t be beneficial for the bookies, as such, they apply terms and conditions like maximum win limits. This value determines the maximum amount the betting site will pay out on a bonus. For instance, bookies may cap winnings on a free bet at £100.

Cheltenham Betting Tips

There are plenty of ways to maximise the use of your Cheltenham betting offers. Below, we offer our top Cheltenham betting tips to help you get started.

• Keep an eye on the event schedule—Get a good understanding of which races are being run and when. Some Cheltenham betting offers are only available for use on specific days or races, so if you miss them, you’ll miss out.
• Know what bonuses are available to you—Browse your bookie’s Cheltenham betting offers ahead of time to see which ones you want to use and when they apply.
• Understand the bonus terms and conditions—Read up on the terms and conditions of the promos you want to use and what you need to do to meet them. Doing this research in advance will help you make the most of the promo.
• Make sure you meet the bonus requirements—Once you have claimed the bonus, make sure you meet the promo requirements. For example, if the offer requires you to make bets with minimum stakes of £5 using minimum odds of 1/1, or features wagering requirements of 2x, you’ll need to meet these to qualify for the promo or to request a payout.
• Gamble responsibly—Lastly, always practice responsible gambling. Set a budget for yourself and stick to it. Alternatively, if you are struggling with a gambling addiction, reach out to an organisation like GamCare or GambleAware.

Conclusion

Cheltenham betting offers provide the ideal way to bet more during this much-anticipated horse racing event. These bonuses and promotions include free bets, fallers insurance, extra places, odds boosts, and NRNB offers. Each of these offers adds to the excitement of betting on these races online while increasing your betting funds and minimising risk.

Boyle Sports offers some of the hottest Cheltenham betting offers, including a free bet, pick your place promos, and Non-Runner No Bet offers on all of its ante-post lines for the event. As such, the bookie ranks as our top pick for those looking for exceptional Cheltenham betting offers.

FAQs

Which betting site provides the best free bet on the Cheltenham Festival?

Betfred features the most generous free bets on the Cheltenham Festival, offering a £50 free bet for a £10 stake with minimum odds of 2.0 or 1/1. Other sites like Sky Bet and Boyle Sports are not far behind, with free bet offers of between £25 and £30. 

What is a Non-Runner No Bet Bonus?

When you wager an ante-post bet on the Cheltenham Festival, you risk losing your original stake if the horse doesn’t run. However, if a Non-Runner No Bet  (NRNB) bonus is in play, the bookie will refund your stake on your ante-post bet if the horse doesn’t run. 

What payment method is the most popular for bonus offers?

As per UK gambling laws, online betting sites regulated by the UK Gambling Commission, like those we reference, may not accept deposits made using credit cards. However, these sites may accept debit card deposits, making Maestro, Visa, and Mastercard debit card transactions the most widely accepted options for claiming promos.

Which bookmaker offers the most Cheltenham betting offers?

Boyle Sports, Betfred, and Virgin Bet all offer the most Cheltenham betting offers. Each site offers four Cheltenham Festival betting offers, including free bets, NRNB promos, money-back bonuses, extra places offers, and odds boosts.

Are free bets worth claiming?

Free bets on the Cheltenham Festival are definitely worth claiming. These offers allow you to place wagers you perhaps otherwise wouldn’t have wagered, or they allow you to bet more on a market than you were willing to. Additionally, they offer more ways to win without spending your own funds.