2023 Cheltenham Festival Free Bets and Betting Offers

Cheltenham Festival Free Bets will be a vital element of any betting plans for punters ahead of this year’s four-day event. It’s the most significant racing Festival around, and that means bookmakers will be firing up bonuses and promotions for it.


Top Bookmakers With Cheltenham Free Bet Offers

888sport New Customer Offer
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Bet £10 Get £30 In Free Bets

Claim Bonus 18+. T&Cs Apply. begambleaware.org
Paddy Power New Customer Offer
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Bet £20 get it back as cash

Claim Here 18+. T&Cs Apply. begambleaware.org
Hollywood Bet
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Bet £10 Get £20 In Free Bets

Claim Bonus 18+. T&Cs Apply. begambleaware.org
The Pools
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Bet £10, Get £20 in Free Bets

Claim Bonus 18+. T&Cs Apply. begambleaware.org

On this page, we will be looking at some of the best Cheltenham Festival Free Bets and examining the different types of Cheltenham offers that bettors are likely to see for the National Hunt fixtures.  As part of this guide to Cheltenham betting offers, we will pick out the best bookmakers to use and, of course, how to get the bonuses.

How to choose the Best Cheltenham betting offers for you?

Most bookmakers offer free bets when you sign-up and deposit, for example, BetUK offer you £30 in free bets when you deposit and place a £10 bet, which you can claim here.

Other types of free bets include risk-free bets – where you place a bet, and if it wins, you keep the profit, but if it loses, you’ll be refunded, and enhanced odds on a specific horse where you will be paid out at a boosted price if the horse wins.

At first sight, most of the free bets for Cheltenham look like great value but you might want to read more about the terms and conditions, in order to make an informed decision in choosing the right Cheltenham offer for you. Are you happy with a smaller win because you are particularly risk averse? Surrounded by the the Cheltenham buzz and want to enjoy some betting offers for each and every race? Is this the first time you’re claiming a betting offer for Cheltenham or are you an expert in free bets? Check out the promotions on this page and discover the best Cheltenham betting offer for you.


Free Bet Offers for New Customers 

There are numerous free bet offers available as we head into the Cheltenham Festival, and we have them all on-site for you to explore and utilise.

We feature all the top bookmakers in the UK, including bet365, William Hill, Paddy Power, and Betfair.

The Cheltenham Festival is the biggest betting event of the year so having some free bets to use over the four days is a perfect way for you to enjoy the top-quality racing wit the best offers from the best and newest bookmakers around at Cheltenham. New bookmakers will compete with some of the big names in the market with enticing offers such as Livescore’s Bet £10 Get £20, BetUK’s Bet £10 get £30 and The Pool’s running their Bet £10 get £15 for new customers. 

Money Back Specials

Money back special offers refer to all bookmaker offers that refund your bets as cash.

For example, a “Money Back As Cash” offer will ensure that the amount you stake will not only be refunded if your horse loses, but will be refunded as cash which can be withdrawn directly from the account. This works differently to it being given back as a free bet.

Paddy Power, for example, offer up to £20 back in cash if your bet loses at Cheltenham this year. You can claim that here.


Free Bet Offers for Existing Customer 

Also, Cheltenham existing customer offers will be readily available to all registered players at a bookmaker. New customers who go and register an account should immediately have access to any current offers.

Some bookmakers have long-standing horse racing promotions running, such as Rewards Clubs and the previously mentioned Best Odds Guaranteed, Non-Runner No Bet, or Acca Insurance. 

It’s always worth checking out the ‘Promotions’ page at any bookmaker before striking a bet to see what is being offered.

Here we break down some betting bonuses that punters can find for the Festival 2023.


Best Odds Guaranteed

Best Odds Guaranteed (BOG) gives punters a little cushion in knowing that you are going to get the best odds available on your selection at the bookmaker at which the bet is struck. This can be seen as one of the more common Cheltenham Festival offers.

By placing a bet on a Cheltenham Festival race that BOG covers, if your selection wins at a larger SP than the price you took, the bookmaker will settle the bet at the higher price. If your winning selection scores from a lower SP than your initial odds, then you still get paid at the bigger original odds.


Non-Runner No Bet

Another of the staples of Cheltenham betting offers is the Non-Runner No Bet option (NRNB). This gives punters a little insurance should a selection not even make it to the starting line in one of the races.

Most bookmakers will go Non-Runner No Bet on all the feature races for the Cheltenham Festival, such as the bet365 Cheltenham Offer. However, some may go all in and cover every race – it will depend on the operator. 

Back a selection, usually before the 48-hour declaration point (check with your bookmaker for T&Cs) and if your pick is declared a non-runner, you will receive the stake back as cash.


Cheltenham Enhanced Odds

One of the easiest ways to pick up Cheltenham betting offers is to look at any enhanced odds boosts that bookmakers will have. They are straightforward just because it’s a standard bet with no extra T&Cs attached, just that the bookmaker will have enhanced the odds on a particular selection.


Acca Insurance & Acca Boosts

It’s Cheltenham, and some punters like to pull together picks from different races into an Accumulator bet. So Acca Insurance and Acca Boosts for Cheltenham Festival Offers are available.

If a qualifying Acca fails by one leg, Acca Insurance returns a lost stake (as cash or a free bet bonus depending on the bookie). 

Acca Boosts will pay a win bonus percentage for successfully landing an accumulator. The more legs in the winning bet, the bigger the bonus payout, usually cash.


Extra Places

Another of the very straightforward Cheltenham Festival offers is Extra Places on a race. On selected races, bookmakers will automatically extend the number of places available on a race for each way bets. That could be moving 1/5 odds – 1, 2, 3 & 4 to 1/5 odds 1, 2, 3, 4 & 5.


Cheltenham Festival Free Betting Offers for Each Day

Cheltenham Free Bets on Day 1

It’s Champion Day at the Festival and the first chance to look at Cheltenham Festival betting offers in action. Punters have probably done a lot of prep work, have gathered info from the top Cheltenham tips, and are ready for the big off.

The Best Odds Guaranteed and Non-Runner No Bet options are some big Cheltenham offers to have planned for as the likes of the Supreme Novices and the Champion Hurdle are coming up on Day 1.

Best Odds Guaranteed is a bet365 Cheltenham offer on selected races at the Cheltenham Festival, with Sky Bet going Non-Runner No Bet for all fixtures.


Cheltenham Free Bets on Day 2

The headline of Ladies Day on Cheltenham Day 2 is the Queen Mother Champion Chase – look for Cheltenham offers such as enhanced odds that a bookmaker may put out there.

Enhanced odds for Cheltenham bookie offers are generally easy to spot. Visit the home page or just the racing section of an online bookmaker, and usually, enhanced odds offers are displayed in a banner. 

Look for options like this at most bookmakers, including Paddy Power and Betway. With no additional T&Cs and the bets settled in cash, enhanced odds selections are some top Cheltenham betting offers to snap up.


Cheltenham Free Bets on Day 3

Moving along with the Festival as the anticipation of Friday’s Cheltenham Gold Cup rises, Cheltenham Day 3 is St Patrick’s Day. Bookmakers are happy to celebrate with racegoers, and the excitement levels go up a few notches.

For the best Cheltenham bookmaker offers on Thursday, consider looking toward any Acca Boosts. 

Another way to get a little extra on your odds is through the likes of the Unibet Cheltenham offer of daily boosts on racing, something that will also come up in William Hill Cheltenham offers.


Cheltenham Free Bets on Day 4

For Cheltenham free bets, look for any Money Back Specials. These will come in different shapes and sizes, such as picking up a free bet bonus if your selection finishes second to the SP favourite in a race. 

An example is Coral’s Fail To Finish, where you can get a Free Bet up to £10 if your horse Fails to Finish for any reason, or the Betfred Cheltenham Offer, which credits a free bet if 2nd on a selected race.

It’s Gold Cup day on Cheltenham Day 4, and bookmakers will be keen to attract attention their way with promotions. Paddy Power also runs money back specials on selected races if your horse comes home 2nd, 3rd or 4th in a fixture.


How to use Your Cheltenham Free Bet Offers

Having collected one or even a few Cheltenham Free Bet Offers, you now have to use them. That will all be down to the terms and conditions for the bet bonus that you have received. If it is a free bet token, the first thing to check is how long you have before it expires (usually seven days). 

The Cheltenham free bet may also be limited to a specific market or bet type, so thoroughly examine what you can do with it. More often than not, when you add a selection that you can use a Cheltenham Free Bet on, it will automatically show in your bet slip. 

From there you choose to use the bonus or not. Alternatively, visit your online bookmaker account, and from there, you should see what bet bonuses you have.


Free Cheltenham Festival Bets: What to Know Before Using Them

Many bookmakers will offer a range of new customer deals for the 2023 Cheltenham Festival week. Many of these will include Free Bets for the week itself.

The first key thing for any punter to do is to make sure that you are not caught out by any terms and conditions. Read these, as bookmakers will likely be offering Free Bets out purely for races at the Cheltenham Festival itself and not other races that week.

Similarly, make sure you are betting the correct amount to qualify for the offer. Usually, this will take the form of one solitary stake on one race to qualify. Do not get caught out by putting multiple bets on when it only applies to one.


Best Cheltenham Free Bet Offers

888sport Cheltenham Offers

888’s Free Bet offer runs from the Thursday before Cheltenham to the Monday the day before. New customers will be entitled to £60 in Free Bets, £40 of which will be exclusively for the 2023 Cheltenham Festival. They also have an outstanding new customer offer of a £150 Deposit Bonus.

Bet365 Cheltenham Offers

Bet365 have guaranteed that their current new customer offer of Bet £10 Get £50 In Free Bets will be continuing for the entirety of the 2023 Cheltenham Festival. They will also offer live streaming of all 28 races from the meeting.

Betfair Cheltenham Offers

Betfair’s Grow Your Roar campaign began two weeks ago, guaranteeing customers the chance to earn up to £30 In Free Bets for the start of the Cheltenham Festival. Their other new customer offer ensures that new sign ups can earn up to £100 In Free Bet Bonuses when they bet £50.

 Betfred Cheltenham Offers

Betfred’s new customer offer ensures that you can get up to £60 In Free Bet Bonuses when you stake £10 on racing.

Betway Cheltenham Offers

Betway’s new customer sign up could not be simpler. Create a new account with Betway and you can get a £10 Free Bet.

Paddy Power Cheltenham Offers

Paddy Power are currently offering £5 free to all customers, but hurry! This deal ends on the 9th March. Never fear though, as they also have a new customer sign up offer of £20 Money Back As Cash, when you stake that amount on racing.

 Sky Bet Cheltenham Offer

SkyBet’s new customer offer is superb in time for Cheltenham. You can get £30 In Free Bets when you place any sized bet on any market across their platform. Similarly, their Cheltenham specific offers have started coming through. Stake £5 on racing and you can get a £5 Free Bet for every day of the Cheltenham Festival plus one more £5 Free Bet to use anywhere.

William Hill Cheltenham Offer

William Hill have enhanced their Free Bet offer until the end of Cheltenham Festival week. When new customers bet £10, they can get £30 In Free Bets.


How to choose the right Bookie

Punters are spoiled for choice when it comes to picking out a bookmaker, but there are some essential things to consider before signing up. First and foremost is to find a reputable and trustworthy operator.

All the bookmaker Cheltenham offers that we suggest come from trusted operators and are big established brands like William Hill, bet365, Betfair and Ladbrokes, to name but a few. We’ll be refreshing this page with the best recommended bookmakers for Cheltenham offers and betting.

While Cheltenham Festival free bet offers will be a big lure, you can visit any bookmaker website or download a mobile app to have a test drive around and see if the fit is right. 

Look for available features such as live racing streams and integrated info on their racecards. Check for other things like cash out options and bet builders – namely, something that could potentially enhance your overall experience. For example, if you are looking for Cheltenham free bet offers, look around the site for a ‘Promotions’ page.

Before picking a bookie, do take a look at their New Customer Offer to see if that is a fit for you. 

Final recommendations to help you choose the right bookie for your Cheltenham Festival betting are to look for deposit methods and check out the quality of a bookmaker’s customer service, just in case you ever need to contact them.

Use bookmaker review guides to help steer you in the right direction – having information from sources that have rated and reviewed bookmakers can help a great deal.

Why you should have multiple bookmaker accounts

It can be extremely beneficial for punters to have multiple bookmaker accounts, particularly when it comes to Cheltenham promotions.

For ante-post betting purposes, many bookmakers will differ in price, so it can be good to have multiple accounts to ensure you are getting the best possible value. This applies up until the start of a race too.

With multiple accounts on different sites, you will also be able to use qualifying bets for a variety of new customer offers. This means that you could have a variety of bet stakes, all of which are for the purposes of Free Bets on different accounts.


Cheltenham Free Bets Frequently Asked Questions

What Happens If I Win A Free Bet?

If you win a Free Bet, it is just like winning a regular bet. You will receive the same winnings and get your stake back as you ordinarily would.

What are the best Cheltenham offers for existing customers?

The best Cheltenham offers can be found around the site. Click on any of the banners or links on whichever offer takes your fancy.

What is the minimum bet at Cheltenham?

Bookmakers will vary on the minimum bets for Cheltenham. On course, you traditionally need to stake at least £5, but it can be a lot smaller online.

Can you cash out on a free bet?

Free Bets cannot be cashed out, but there is no need to. A Free bet will ensure you get your stake refunded even if your bet loses.

How can I use a free bet?

You can use a Free Bet on any qualifying market. For the Cheltenham Festival, this will be on any horse in any race.

What if I lose my free bet?

If you lose your Free Bet, you will have the stake you placed fully refunded into your account.

What is Non-Runner No Bet?

Non Runner No Bet is a type of bet whereby if your horse does not run in the race in which you placed a bet, you will get your bet refunded.

What is Best Odds Guaranteed (BOG)?

Best Odds Guaranteed is self-explanatory: it simply means a bookmaker is guaranteeing the best price for every horse in one race across the industry.

Where Can I find the Cheltenham Festival Results?

You can find an up to the minute Cheltenham race results on our results page