Best Cheltenham betting offers and free bets for 2025

Known as the ‘greatest show on turf’, the Cheltenham Festival is four days of horse racing at the highest level, and it is less than a month away!

The Cheltenham Festival is a great opportunity to take advantage of some generous offers from bookmakers. Whether it is Cheltenham free bets they are offering or Cheltenham betting offers like ‘money back’ promotions if your horse gets beat there really is something
for everyone.

I will run through some of the best of them below so you can make sure you’re getting the best value heading into Cheltenham 2025.

Best Cheltenham Festival free bets in 2025

Almost all of the Cheltenham betting sites offer free bets, and they are quite similar, but here I will point out the sites that offer the biggest amount and the best free bet offers. The only criterion is the biggest and best free bet you can claim.

Best Cheltenham betting offers for new and existing customers in 2025

Are you ready for the biggest horse racing action of the year?

Considering that Cheltenham week is one of the biggest of the year for horse racing betting sites, it should come as no surprise that there are some lucrative offers up for grabs. All of the best betting sites are keen to ensure that punters choose to give their bet stake to them and, with that in mind, there’s plenty for both new and existing customers to take advantage of. 

Below, I will give you the best Cheltenham betting offers from my top list. The offer type, how to claim it, and the all-important how to get them.

New customer offers include:

• Sign up offers
• Best odds Guaranteed (BOG)
• Free bets
• Price promise
• Run for your money
• Non-runner no bet
• Price boost
• Cashback

New customers should wait as long as they can for their registration for a Cheltenham betting site, as bookmakers usually wait until right before the meeting before dropping their juiciest offers. One of their favourite offer types is to boost the price of some of the shortest-priced runners of the week to silly proportions, to ensure that you start your betting account with a victory.

Meanwhile, existing customers can take advantage of Cheltenham free bets, with lots of the high street brands keen to ensure they’re betting on one of the big weeks of the year. Keep an eye on your inboxes in your betting accounts, as the bookies will message you throughout the week and in the run-up to the Festival with free bets and offers. On top of this, you can find a full list of offers for both new and existing customers by heading to the promotions page of your bookmaker. 

Top 10 Cheltenham betting sites

1. Betfred offer

• Offer type: New sign up offer
• Offer value: Bet £10 Get £50
• Minimum odds: Evens or greater
• Maximum payout: £50 bonus
• Expiration date/offer length: N/A

Betfred’s bet £10 get £50 in free bets offer is one of the best for Cheltenham as it will provide new customers with huge value when it comes to the festival. All new users have to do is register their details and bet £10 on any race to get £50 in free bets.

To claim this offer, it is important to use the promo code ‘BETFRED50’ as this will ensure eligibility for the £50 bonus. The qualifying bet must be £10 or more on any market at odds of Evens or greater.

2. SBK

• Offer type: New sign up offer
• Offer value: Bet £10 Get £40
• Minimum odds: Evens or greater
• Maximum payout: £40 in free bets
• Expiration date/offer length: N/A

SBK’s generous sign up offer of Bet £10 and Get £40 in free bets is perfect to use for the Cheltenham Festival. It is available to new customers only and to unlock the free bets you need to place a £10 bet at Evens or greater and they will be released within 48 hours.

Free bets are credited upon settlement of qualifying bets. Distribution of Free Bets may vary depending on territory.

3. talkSPORT BET

• Offer type: New sign up offer
• Offer value: Bet up to £40 (minimum £20) Get £40
• Minimum odds: Evens or greater
• Maximum payout: £40 in free bets to use on Football
• Expiration date/offer length: N/A

With plenty of football in the evening after the Cheltenham Festival talkSPORT BET has a great sign up offer. Bet up to £40 (minimum £20) on any football market at odds of Evens or greater in 7 days. Once you’ve done that you will get up to £40 in free bets on selected markets.

The bonuses will expire in seven days but there’s plenty of football action for you to make the most of over the festival period.

4. bet365

• Offer type: New sign up offer
• Offer value: Bet £10 Get £30
• Minimum odds: Evens or greater
• Maximum payout: £30 in free bets
• Expiration date/offer length: N/A

The bet365 sign up offer is perfect for the Cheltenham Festival as new users can claim £30 in free bets to use across the four days. There is a minimum odds requirements of Evens when placing the qualifying bet, so as long as this step has been met, you are eligible for the £30 bet365 sign up offer.

bet365 are one of the best bookmakers and they have one of the UK’s top betting apps as they constantly reward existing customers with money back promotions as well as racing and football ’Super Boosts’ which are always worth taking advantage of as they offer great value.

5. Paddy Power

• Offer type: New sign up offer
• Offer value: Bet £5 Get £30
• Minimum odds: Evens or greater
• Maximum payout: £30 in free bets
• Expiration date/offer length: N/A

PaddyPower’s current generic offer means you can claim £30 in free bets after making your qualifying wager of just £5 on any race at the Cheltenham Festival. This means that you won’t need to spend as much on your deposit and use that betting on the races themselves.

To get Paddy Power’s sign up offer you must use their promo code. Adding this when filling in your details will give you that all important £30 in free bets once the first wager has been made at odds of Evens or greater.

6. Sky Bet

• Offer type: New sign up offer
• Offer value: Get £40 When You Place Any Bet
• Minimum odds: Deposit £5 and place a bet at any odds
• Maximum payout: £40 in free bets
• Expiration date/offer length: N/A

SkyBet has a superb sign up offer for the Cheltenham Festival with amazing value. All you need to do is sign up to SkyBet and deposit £5 into your new account ahead of the races. Although you have to deposit £5, your qualifying stake can be as low as just 5p, meaning you can keep your remaining deposit cash for any bets you like at Cheltenham. Once you have met the minimum qualifying stake, you will receive £40 in free bets to use on the races. These come in 4x£10 free bets which you can use on a variety of Cheltenham markets.

This gives you excellent value for money and the flexibility to use your newly acquired free bets across a variety of markets, from winners and tricasts to each way bets ensuring SkyBet has you covered.

7. BetMGM

• Offer type: New sign up offer
• Offer value: Bet £10 Get £40
• Minimum odds: Evens or greater
• Maximum payout: £40 bonus
• Expiration date/offer length: N/A

New users to BetMGM are in for a treat in March when you can go big on the Cheltenham Festival with this exclusive sign up offer. All a new customer needs to do is sign up to BetMGM, place a qualifying wager of £10 and they will receive £40 in free bets, which you can use on any race at the Cheltenham Festival.

There’s no bonus code or anything else to remember, simply signing up and placing the bet of £10 on odds greater than evens (1/1) will unlock that £40 prize. These free bets will come in the form of four £10 free bets and you must use them within seven days of signing up. This is a must-claim ahead of the biggest event in the horse racing calendar and is one of the best offers out there on the market.

8. Casumo

• Offer type: New sign up offer
• Offer value: Get 50% back as a Free Bet up to £25
• Minimum odds: 2/1 or greater
• Maximum payout: £25 in free bets
• Expiration date/offer length: N/A

The Casumo Spoort sign-up offer is Get 50% back as a Free Bet up to £25. There are certain things that a new customer has to do to be able to claim the Casumo Sport welcome offer, so keep reading to find out what to do as well as all that Casumo Sport can offer you after their new account offer.

To take full advantage of the Casumo Sport sign-up bonus, paying attention to the small print is crucial. You must place a qualifying bet of a minimum of £2 on an accumulator with minimum 3 legs and minimum odds of 3.0. If your bet wins then you are paid out as a winner, and your bonus is forfeited. However, if If you lose your qualifying bet, you will be credited 1x Free Bet equal to 50% of your original stake, up to £25.

9. Tote

• Offer type: New sign up offer
• Offer value: Bet £10 Get £30 in free bets + 20 free spins
• Minimum odds: Need to place a £10 qualifying bet
• Maximum payout: £30 in free bets +20 free spins
• Expiration date/offer length: N/A

Tote has become a go-to choice for many horse racing enthusiasts, as the bookie’s promotions, such as their current bet £10 get £30 in free bets + 20 free spins sign-up offer, are tailored to enhance the excitement of the Cheltenham Festival.

By placing a qualifying £10 bet, you’ll unlock a total of £30 in free bets, plus, you’ll also receive 20 free spins, allowing you to explore more betting opportunities with minimal risk.

10. Star Sports

• Offer type: Welcome Bonus
• Offer value: Get up to £25 Free Bets + 25 Free Spins
• Minimum odds: Evens or greater
• Maximum payout: £25 + 25 Free Spins
• Expiration date/offer length: N/A

New customers at Star Sports can get 50% back as a Free Bet up to £25 + 25 Free Spins if their first bet loses.

Simply open an account and place a real cash bet up to £50 on odds of evens or greater and get 50% of your stake back to use as a free bet if your qualifying bet loses. The minimum stake is £10 and the maximum free bet awarded is £25. Free bets expire after seven days.

11. AK Bets

• Offer type: New sign up offer
• Offer value: Up to £100 Winnings Boost on your first acca
• Minimum odds: Acca at evens or greater (minimum 3 selections)
• Maximum payout: Up to £100 Winning Boost
• Expiration date/offer length: N/A

AK Bets are a relative newcomer to the online bookmaker space, but they have wasted no time in offering the market exactly what they want. This is further accentuated by their latest AK Bets sign up offer, which will see new customers claim a winnings boost of up to £100 on their first acca bet.

To qualify, you simply need to sign up using the AK Bets welcome offer, deposit for the first time so you are ready to place an accumulator bet, and then create a multiple bet, with at least three selections, and minimum odds of Evens (2.0). Once you have placed this bet, you will then sit tight and wait for the result. If your bet wins, you will receive another 25% profit bonus (up to £100), which will be paid out in the form of free bets.

Special offers from the best Cheltenham bookies

The 2025 Cheltenham Festival offers plenty of opportunities to maximise value through a range of betting promotions. Since no two bookmakers are alike, their offers for new and existing customers also vary.

Many bookies enhance odds on select horses in major races, while others provide extra places, giving you better returns on Each Way bets. Below is a list of options you’ll frequently come across throughout the four-day festival at Cheltenham.

Bookie	BOG	Non-runner No bet	Money back as cash	Risk-free bets	Enhanced odds
Betfred	(From 8am day of race)
SBK
talkSPORT BET	(From 9am day of race)
bet365	(From 8am day of race)
Paddy Power	(From 8am day of race)
SkyBet	Only available to Sky Bet Club qualifiers from previous week from 9am
BetMGM	Only available to selected players
Casumo
Tote	Yes Tote Guarantee (From 8am day of race)
Star Sports	(Online only from 9am day of race)
AK Bets

My favourite Cheltenham betting offer

To choose one of the Cheltenham betting offers was not an easy task. I had to take into consideration what would be best for new customers, and what was best for existing customers, along with what is the best for not only the build-up to Cheltenham but one you can use each day of the 2025 Cheltenham Festival.

And in the end I had to take everything in to the account with 1 though on my mind – what is the best for my bet-slip – and that was Betfred’s £50-pound offer.

This offer is valid for every race at the 2025 Cheltenham Festival, and in my opinion, offers the most long-term value for you the bettor.

Types of Cheltenham betting offers and free bets

Now I will give you a run-through of some of the most popular free bets and offers for the Cheltenham Festival.

Cheltenham odds on favourites

Betting on odds on favourites at the Cheltenham Festival is not the most appealing bet for an everyday punter. But the likes of Paddy Power, SBK, bet365, talkSPORT BET, Betfred, and Sky Bet all offer you an alternative with the ‘Betting Without’ market.

This option gives you the chance to bet on a race without the favourite or chosen horse but at reduced odds. If the odds-on favourite wins, but you come 2nd and have backed in the betting without market, then your bet is a winner.

Money back Cheltenham offer

Each year you will find bookmakers offer Money Back special on Cheltenham races, and this year should be no different.

Paddy Power, Tote, and Betfred from my toplist of bookmakers have previously offered Cheltenham money-back offers.

Check out my toplist for all the money-back Cheltenham offers.

Best odds guaranteed for Cheltenham

For many punters, the best odds guaranteed is a must for the Cheltenham Festival. When you are parting with your hard-earned cash, you want to ensure that you will get the best for your buck, and with BOG, you will always get paid at the best odds.

You would be forgiven to think that all bookmakers offer the best odds guaranteed, but unfortunately, that is not the case.

But I have some of the top bookmakers on my toplist that offer best odds guaranteed for Cheltenham – Paddy Power, Sky Bet, bet365, SBK, Betfred, talkSPORT BET and BetVictor all offer best odds guaranteed for the Cheltenham Festival.

Cheltenham extra each-way places

Extra each-way place or enhanced place specials are a massive plus when it comes to the Cheltenham Festival handicap, giving you extra places to play within these competitive handicaps.

I will not know what races will have extra each-way places on the day before/day of, so be sure to check with my top list of bookmakers for more information.

Non-Runner No Bet special for Cheltenham 

The most popular bet when it comes to Cheltenham Festival ante-post betting, the Non-Runner No Bet gives you the security of backing a horse in any of the Cheltenham Festival races under ante-post rules, and if your selection does not run in that race, then you will get you money back, no questions asked.

Bookmakers who offer this from my list are Paddy Power, Tote, bet365, SBK, talkSPORT BET, and Sky Bet.

Cheltenham free bets

Lastly, I come the the king of kings when I am talking about amazing Cheltenham betting offers. For existing customers, this will all depend on who you have a betting account with as not all bookmakers will be offering free bets for the Cheltenham Festival.

You can check out my top list above as well as my previous 2025 Cheltenham Betting Offer to find the best free bets for new and existing customers.

What is a Cheltenham free bet offer?

A Cheltenham free bet is a bonus that you as a punter can use to bet on the Cheltenham festival races in the period of 11th to 14th of March 2025. It is an exclusive bonus that works only for Cheltenham races. In its form it is very similar to any other free bet offer, however it is valid only during these 4 days.

Same terms and conditions apply as for other free bets, meaning no withdrawing free bets as cash and same wagering requirements apply, but as always please check the terms and conditions for each free bet you use to check if you are eligible.

How does a Cheltenham free bet work?

A Cheltenham free bet offer is a promotion that I really like, because it is essentially risk-free. I’ll explain why:

1. Decide on which Cheltenham betting site you would like to play
2. Choose the Cheltenham betting offer you like
3. Check eligibility, wagering requirement and Terms and Conditions
4. Claim your Cheltenham free bets
5. Identify the horse you would like to place the bet on
6. Have fun!

If you need help with identifying the winning horse you can take my pick as a place to start. My personal favourite which I’ll be cheering for is definitely Native River. I started liking that horse back in 2018 when Colin Tizzard secured his inaugural Gold Cup triumph.

Cheltenham Free Bets guide

Essentially all free bets are the same, they function the same, meaning that the operator always provides you with free cash to use that you can’t withdraw and must be eligible to claim, and read the Terms and Conditions to see if you can use it. However, there are some variations that spice up the Cheltenham free bets a bit further:

• Deposit Bonus – Bookies offer an extra amount on the initial deposit as free bets to use on Cheltenham betting.
• Enhanced Odds Offers – Boosted odds that you can use your free bets on, however they are capped, usually something quite low – max bet stake is from £1 to £5.
• Matched Free Bets – Cheltenham free bet that matches your initial deposit.
• Money Back Specials – If a certain event happens, such as a specific horse finishing in 2nd place, the bookie will provide you with a free bet valued as the initial stake.
• No Deposit Free Bets – Risk-free bonus that gives you a certain amount of free bets just for registering.
• Risk-Free Bets – A great safety net that gives you back your money, up to a certain amount, when you lose.

How to claim and use a Cheltenham betting offer – A step-by-step expert guide

Claiming a Cheltenham free bet for a new customer can seem daunting at the best of times, but I have broken it down into easy-to-follow steps*.

1. Sign up – The first thing you need to do is find a Cheltenham betting offer you like.  
2. What you need – Once you have picked which bookmaker you wish to bet with you will need to sign up and open an account with that bookmaker. Normally you will need a valid debit card, bank details, proof of address, your contact details and an ID. You’ll likely have to undergo SMS verification before registering and claiming the bet offer.
3. Find the sign-up page – Once you have chosen your Cheltenham bookmaker with your idea of the best betting offer,  you will find the sign-up area, their landing page, or the top right hand of each bookmaker where you will locate a button marked ‘sign up’ or ‘join now’. Once you have filled out all the necessary details, depositing is next. Check if a promo code is needed for newly registered users.
4. First deposits – Now you will be taken to the deposit page where you will be asked to enter your method of payment. Check for the min deposit requirement and potential payment method exclusions at your chosen bookmaker to avoid disappointment upon making a transaction. Debit card payments are usually not subject to bonus restrictions, while payments with Apple Pay, Neteller, PayPal and others, vary on eligibility. This is for depositing and withdrawing from your account. Once you have completed that, you are now ready to place your first Cheltenham bet.
5. Placing your qualified bet – This is an important step to claim your free Cheltenham bets. Before placing your first bet, be sure to check the promotion T&Cs (all information above) as if your first bet is not placed correctly, you may lose out of your free bets.
6. How to use your free bets – Once your betting account has been credited with your free bets it is straightforward to use. You will find a tab on your betting slip that will say “Use free bet”. Just click on this button to add one of your free bets to your selection. If you come across any issue during this process just contact your chosen bookmakers ‘Live Chat’ where you will be able to speak to a customer service representative.
7. Betting offer period – Once you claim your Cheltenham betting offer or free bet be sure to check the expiry date of the offer and any wagering requirements.

*steps may vary from bookmaker to bookmaker and some require players to enter a bonus code

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