Cheltenham Free Bets 2025
Cheltenham free bets come in many different shapes and sizes. Signing up for one or more of these valuable promotions can bolster your bankroll and add a bit of extra weight to your wagers.
Read on to learn more about the best Cheltenham free bet offers for 2025. We explain how you can claim a wide range of welcome offers and other bonuses before March’s four-day Festival of Jump racing.
Best Cheltenham Free Bets
Online customers can claim a wide range of different offers at our top-rated Cheltenham betting sites in the UK. In addition to welcome offers, there are Cheltenham bets for existing customers to check out.
These are our favourite horse racing free bets for Cheltenham in 2025.
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- ÂŁ50 Free Bet
18+ <a href="http://begambleaware.org/" target="_blank" rel="noopener">begambleaware.org</a>. Spread betting losses can exceed deposit. Place a qualifying ÂŁ10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Free bet stakes not included in any winnings from the free fixed odds bets. Free bets expire in 28 days if unused.
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £/€10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £/€10 Place). Receive £/€20 Tote Credit, £/€20 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. <a href="https://www.gambleaware.org/" target="_blank" rel="noopener">Gambleaware.org</a>. Full T&Cs apply.
18+ New Customers in UK/IE only. Sign up using the promo code <strong>BS10 </strong> and make a minimum deposit of £10. Place a minimum £10 cash bet at odds of Evens (2.0) or greater and receive a £10 Free Bet. Cashed Out or void bets will not qualify for a welcome bonus. Free Bet credits will be subject to an expiry period of 7 days from date of issue. Free bet stakes not included in return. <a class="c-link" href="http://gambleaware.org/" target="_blank" rel="noopener noreferrer" data-stringify-link="http://GambleAware.org" data-sk="tooltip_parent">GambleAware.org</a>, T&Cs apply.
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New UK 18+ customers only. Register with WELCOME50. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get Free Bets: £20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.
New customers only, aged 18+. Min deposit £10. Get £25 in Free Bets plus 10 Free Spins when you make a first bet of £50 or more. Your qualifying bet must be placed at odds of 1/1 (2.0) or greater. Free Bets must be placed at odds of 1/2 (1.5) or greater on named sports. Free Spins are valued at 10p and expire in 7 days. <a class="c-link" href="https://promotions.fitzdares.com/bet-50-get-25/" target="_blank" rel="noopener noreferrer" data-stringify-link="https://promotions.fitzdares.com/bet-50-get-25/" data-sk="tooltip_parent">Additional T&Cs apply</a>. Please bet responsibly.
New UK Customers (Excluding NI) only. Min Deposit £10. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 £5 max qualifying bets. 13 settled bets required to receive full £25 free bet. Qualifying bets must be placed on sportsbook within 30 days of opening account. Cashed out bets will not qualify towards your average stake. One free bet offer per customer, household or IP address only. Free bet expires after 7 days. Account & Payment method restrictions apply. 18+. T&Cs apply.
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
New customer only. Get a Free Bet up to ÂŁ50 based on 50% of your first day's losses plus ÂŁ20 Casino Bonus! UK 18+. T&Cs apply.
Notable Online Bookmakers with Free Bets for Cheltenham
The biggest brands often provide exclusive bonuses for the Cheltenham Festival. These range from the welcome offers you see above to other deals that can be claimed daily and throughout the Festival.
Here are some of the best bookies and the types of offers they provide.
Paddy Power Cheltenham Free Bets
When it comes to generous Cheltenham free bet offers, Paddy Power often pulls out all the stops. You can claim exclusive bonuses by signing up for an account with Paddy and then heading to the promotions tab to see what else is on offer. They always have solid Cheltenham odds and prices, too.
We’re fans of the Completely Free Paddy Power Cheltenham free bet which requires no deposit and pays from £1 to £25. Although their Money Back for Gold Cup Free Bet if any Festival bet finishes 2nd to SP favourite and Faller Insurance free bet deals are also among the best Paddy Power offers for Cheltenham for online customers in the UK.
Spreadex Cheltenham Free Bets
Spreadex is unique in the sense that it offers both exclusive bonuses for fixed-odds betting markets and spread betting free bets for Cheltenham. This bookie used to offer a welcome package that contained a bit of both but is now providing two separate deals (online customers can only claim one). Either way, you’re getting a good shot at something extra.
In addition to their fantastic welcome offer their 2nd-to-a-Rag Insurance and Money Back as Free Bet if Horse Places in Supreme Novices’ Hurdle are good. They also have a Money Back if 2nd to Starting Price Favourite on Selected Races and other perks beyond the best free bets for Cheltenham.
Free Bets on Cheltenham with the Tote
The Tote is the world’s biggest parimutuel pool site and a racing institution synonymous with Prestbury Park. As for their offers, they provide online customers with an alternative to traditional bookmakers by providing free horse racing bets and Tote credit. The latter being their equivalent of a free bet token for the Cheltenham Festival.
Alongside their top welcome offer, you can claim Up to ÂŁ10 Tote Credit if your Horse Finishes 2nd in Any Festival Race. They also have other top deals you can claim as an existing punter when you sign up for an account with the Tote.
Betfred Cheltenham Free Bets
Betfred is consistent when it comes to quality promotions and Cheltenham free bets. Their “Offer on Every Race” promotion runs through the four days of the Festival, guaranteeing something for everyone including occasional free bets. The best way to get your hands on the first of their deals, however, is by signing up for an account with the site and claiming your welcome offer.
You can claim a free bet with Betfred if your horse finishes 2nd (or 3rd) in some races. They also offer Faller Insurance free bets, Rewards for Racing deals, and much more. As far as freebies and extras go, Betfred is up there with the best for Cheltenham.
William Hill Cheltenham Free Bets
William Hill Cheltenham free bet deals are also worth checking out. They offer an excellent welcome package with free wagers for most races at the Festival, as well as other deals that can pack a punch. For example, their ÂŁ5 free bet to use on any race on Day 1 of the Festival is worthwhile.
William Hill also offers a free Cheltenham ÂŁ5 bet every day of the Festival. They have different promotions that might get you something extra for specific races, such as the Arkle or Queen Mother Champion Chase. You can see what offers and bet credits they have by visiting their promotions page.
Free Bets at Cheltenham with BoyleSports
BoyleSports offers plenty of Cheltenham sign-up offers and other deals. The big one for new customers is the welcome offer, which can be used for ante-post betting ahead of the Cheltenham Festival. For existing customers, their money-back specials are the ones to target.
BoyleSports is among the best in the betting industry when it comes to promotions and free bets for existing customers. Their exclusive bonuses on the Gold Cup and other Cheltenham betting markets include free bets if 2nd to the SP favourite, ÂŁ5 free acca loyalty, and more. Many of their offers cover both prestigious races and smaller affairs at the Festival.
bet365 Cheltenham Free Bets
One of the biggest bookmakers in the UK, bet365 provides some of the best Cheltenham free bets out there. Their horse racing markets encompass the biggest races, with offers available for the Gold Cup and much more. We really like their new customer deal, which you can claim at any time before or during Cheltenham.
Above all, bet365 rewards regular players with free bet credits and plenty of other perks. You can get offers for the biggest races like the Gold Cup and plenty of other deals that can bolster your bankroll. We think it’s important to reward new customers and existing punters alike and are happy with how this bookie does things.
How to Get Cheltenham Free Bets for Existing Customers
Cheltenham is one of the best times for existing account holders at top bookies. The premier betting sites aim many of their promotions at Cheltenham favourites and other horses in races new customers want to bet on. But there are also stacks of Cheltenham free bets existing customers can easily claim.
Here are some of our favourites to consider.
Money-Back Specials
Bookies refund stakes as free bets or credits in specific scenarios. Known broadly as money-back specials, many sites offer them as a way to encourage a flutter. For example, Paddy Power might offer money-back offers if your horse finishes second to the SP favourite.
Here are some other examples of Cheltenham money-back offers.
- If Beaten by Under Half a Length in the Arkle
- Horse Loses in First Race of the Day at the Festival
- First Bet is a Loser in the Supreme Novices’ Hurdle
Bookies usually set a cap on how much you get back, which can also be determined by how much you bet. But for the most part, free Cheltenham bets from money-back specials are a great way to reduce risk and exposure. You get something in return to fall back on, which can help.
Free Bet Clubs
You can sign up and join free bet clubs and weekly bet clubs with Cheltenham betting sites in the UK. Some bookies provide at least one free wager for a single race to back potential Cheltenham Festival winners when you meet their terms and conditions. Such T&Cs may be as simple as placing one or more bets of a specific value on any race during the 2025 Cheltenham Festival.
Here are some examples of free bet clubs and what they offer.
- 2 x ÂŁ5 Free Bets When You Place 4 x ÂŁ10 Bets on Festival Races
- ÂŁ10 Free Bet for Placing 5 Wagers on the Festival
- Bet ÂŁ25 Across Every Festival Day for ÂŁ5 Free Bet
Free or weekly bet clubs reward you with free bets on the Festival when you stake a certain amount. Or meet other criteria set by horse racing betting sites. However, some free wager offers may be paid out after the Festival for meeting these terms throughout the four days of Cheltenham.
For example, bet365’s Bet Club offers free bets for Cheltenham when you bet consistently in the week leading up to the Festival. However, other bookies may provide deals like these and reward free Cheltenham bets for existing customers you can use on other race meetings.
Free Bets for Cheltenham With No Deposit
No deposit free bets for the Cheltenham Festival are not as rare as finding them at other times of the year, especially for prestigious races like the Gold Cup. Bookies like Paddy Power and William Hill provide no deposit Cheltenham Festival betting offers, which is always good to know. The best thing about no-deposit offers is that they are about as risk-free as you can get.
Here are what some no deposit betting offers may look like.
- ÂŁ2 Cheltenham Free Bet Token When You Sign Up Before Day 1 of the Festival
- ÂŁ5 Gold Cup Free Bet with No Deposit (Must Have Bet at Least ÂŁ10 in Last 3 Months)
- Free ÂŁ10 Cheltenham Bet Token
For punters, no deposit deals are the most attractive, as you don’t have to front anything up in advance. But for bookies, they are very risky indeed. As such, you’re unlikely to find a wide range of bonus bets with no deposit over £5.
It may be smarter to look at what you can get for a small deposit and comparing that with any no deposit deals. Other things to consider when taking no deposit customer offers or bet tokens are wagering requirements, promo codes, and eligibility restrictions.
Faller Insurance
With faller insurance, full or partial stake is refunded as a free bet or funds if your horse falls, is brought down, or unseats the jockey. You’re likely to find these offers at big-name bookies like William Hill, Paddy Power, and other top horse racing betting sites. Win singles and each-way bets are usually covered, but not all will be available.
Odds are usually shorter than the “to win” prices when taking faller insurance. Here are some of the types of faller money back markets you’ll come across at top Cheltenham bookies.
- Up to ÂŁ100 Back as Free Bet if Your Horse Falls at the Last
- Get Up to ÂŁ10 Back if Horse Falls at Any Time
- Stake Back if Horse Fails to Finish by Falling or Unseating the Jockey
Faller insurance, like other top Cheltenham free bets, can really go a long way. It can be frustrating to lose your money on a fallen horse or unseated jockey, so find the best customer offers that cater to this. Also, remember that faller insurance is unlikely to be available for ante post Cheltenham markets.
Acca Insurance
Acca Insurance is another offer to consider. This one refunds your stake as a free bet or funds if one leg of your qualifying Cheltenham accumulator bet doesn’t win. If you’re a fan of betting accumulators on the horses, this promotion is something that might come in handy for you.
Here is an examples of an acca insurance offer for Cheltenham.
- Stake Returned as Free Bet on 1 Loser in 5+ Acca for the Cheltenham FestivalÂ
Unlike other offers, there is little variety in acca insurance promotions from bookie to bookie. Most betting sites that offer this type of insurance do so on the basis of one loser from 5+ selections. Stake returns are usually paid as a free bet and capped at anywhere between ÂŁ20 and ÂŁ50.
Terms & Conditions with the Best Free Bets for Cheltenham
Cheltenham free bets come with terms and conditions that are available to view in the accompanying small print. We always recommend reading the T&Cs of Cheltenham offers and specials before accepting a promotion.
It’s crucial to understand eligibility restrictions and other key terms before you claim. Here are some common terms and conditions to look out for.
- Age & Eligibility – Most promotions require you to be aged 18+ and a resident of the UK or Ireland. Eligibility restrictions may differ from betting site to betting site, so make sure you meet their requirements.
- Promo Codes – You’ll find that some Cheltenham races free bets come with promo codes that need to be entered when claiming them. Forgetting this step could mean losing out on it, although not all promotions need a code.
- Minimum Deposit & Qualifying Bet – Qualifying deposits of a specific amount to claim Cheltenham free bets is par for the course. Furthermore, you may be required to place a qualifying bet on horse racing to the same value (under a maximum stake).
- Minimum Odds – Qualifying wagers for Cheltenham free bet promotions usually need to meet a minimum odds threshold, such as 1/1 (Evens) or higher. Ensure your bet meets these odds to qualify for exclusive bonuses or promotions.
- Non Runners – If you have placed a free bet on a Cheltenham non runner in a Non-Runner Money Back market, you may be entitled to get another free bet. In some cases, you may lose it.
- Payment Method Exclusions – Some payment methods, like Skrill or Neteller, might not qualify for Cheltenham Festival promotions. Make sure your initial deposit is made using promo-compatible banking options like debit cards to avoid payment method exclusions.
- Stake Not Returned – Bet stakes are not usually returned as part of potential winnings from free bet deals. For instance, if you place a £10 free bet at odds of 3/1, you receive £30 rather than the £40 you would if you were using your own money.
- Event-Specific Offers – Some Cheltenham promotions only apply to certain races, such as the Gold Cup, Stayers Hurdle, or other feature events. This means you can’t use a free bet token, for example, on races other than the one it is eligible for.
- Expiry Periods – Offers have time limits, so make sure to use your free bets in line with their validity terms. Most expiry times range from 7-day expiry to 30 days but time limits may be shorter or longer depending on the offer type.
The list above is not exhaustive by any means and a bookie may have more T&Cs than just payment exclusions or deposits by cards only. If you’re ever unsure about any terms of an offer, we recommend reaching out to a site’s customer support team for clarification.
How to Use Cheltenham Festival Free Bets Effectively
You can potentially make some extra money with the best Cheltenham Festival free bets and offers. Once you understand how to use the different types of offers effectively, you give yourself a better chance of doing well from races at the Festival.
Check out the Cheltenham Festival schedule for races you want to bet on and apply these tips when you’re ready.
Exploit Extra Place Races
Cheltenham free bets are only the tip of the iceberg when it comes to offers. Extra Place Races are crucial for any smart bettor to have in their bag, especially when it comes to Cheltenham Festival handicaps where fields are larger. Each-way betting is essential in these races and extended terms can secure some returns.
A good Cheltenham Festival betting strategy relies on limiting your risk and increasing your chances of winning. One of the smartest ways of doing this is by combining extra places with Cheltenham free bets. This can be tried on many of the races at Cheltenham Racecourse this March.
Take on Favourites When There’s Money Back as a Free Bet Deal
Money-back specials are among the most desirable Cheltenham Festival promotions. This is because you get your stake back as a free bet if your horse finishes second to the starting price (SP) favourite.
As such, you can take more calculated risks on higher-priced horses and benefit from the security that gives. If there are Cheltenham tips out there that suggest taking on the market leader, then consider such horses.
To use this strategy, we recommend targeting races featuring a strong favourite. Then, look for viable contenders with decent betting odds. If your horse wins at a good price, you’ll be delighted. If it finishes 2nd to the favourite, you get a free crack at another race.
Consider Other Betting Markets
Most online customers betting on Cheltenham Festival races may simply look to outright singles and each-way betting markets. But there’s much more to wagering on comparative races, as many of the alternative markets show. For example, the betting without market – where the favourite is removed – can add value to your Cheltenham free bets.
Another option is place betting, where you don’t need a horse to win. Instead, you receive something back if the horse finishes in the first two, three, four, or more. This depends on the number of runners in the race. But you can always check this out before you use your bonus tokens.
Wager When There Are Price Promises
Cheltenham Festival sees horse racing bookmakers offer price guarantees on championship races. In addition to their exclusive bonuses, these are in demand by smart punters with an eye on horses with value. The bet365 Price Promise, for instance, ensures that they offer the best price currently available in the market.
If Best Odds Guaranteed (BOG) works in conjunction with this, you get the best price – no matter what happens. This means you can use your Cheltenham free bets on races like the Gold Cup or Champion Hurdle. This helps lock in the best odds for potential returns. Simply check out the list of horses (this won’t apply to Cheltenham Festival ante-post betting) and make your wager.
Check Terms and Conditions for All Offers
It’s smart to read all T&Cs before claiming Cheltenham free bets and betting offers. Understanding the fine print ensures you can maximise the value of these promotions without losing out on them due to an error. Bookies lay out all essential details like deposit requirements, acceptable deposit methods, qualifying bet requirements, and promo codes in their T&Cs.
Some Cheltenham free bets may be exclusive to users of debit cards, meaning you can’t claim them with e-wallets. Most betting offers, like bet tokens, require a qualifying bet stake to activate – such as a £10 qualifying bet at specified odds. Always commit to checking wagering requirements, promo codes during sign-up, and other terms of the Cheltenham betting offers you’re claiming.
FAQs
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