The Best Cheltenham Betting Offers and Free Bets in 2023

The 2023 Cheltenham Festival is fast approaching – the main highlight of the jump racing scene in the UK and Ireland. Four days of action at Prestbury Park sees the best of the best battle it out in several Grade 1 contests coupled with competitive handicaps. And the Cheltenham Festival also sees a gluttony of betting offers from the leading online bookmakers.

We’ve taken a closer look at what betting offers and promotions you can expect to see in the run-up and during the Cheltenham Festival 2023. We also provided betting tips for Cheltenham and things you need to look out for before placing a bet.

Latest Cheltenham Festival Offers

Betway £30 Matched Free Bet if your first Acca loses + 50 Bonus Spins – To claim the offer click this link

Betway just got a new offer for Cheltenham Festival. And it’s a big one. Punters get £30 free bets if their first Acca loses. And Betway went out of their way to add more value to the offer by giving away free 50 bonus spins on casino slots to all new customer that sign up during Cheltenham Festival 2023.

Betway Cheltenham Free Bets Terms and Conditions – New UK customers only. Min Deposit: £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. This is offer is valid for 7 days from your new account being registered. 50 Bonus Spins credited on placement of qualifying Acca bet.50x bonus wagering applies as do weighting requirements, bonus Spins only available on selected games and expires 7 days after being awarded. Debit card deposits only (exclusions apply). 18+. BeGambleAware.org. Bet The Responsible Way

Betzone 50% as Free Bets up to £60 – To claim the offer click this link 

Punters get up to £60 back in free bets after they place bets of at least 3 x £20 on the first Cheltenham Festival bet. To claim this offer from Betzone use the Promo code CHELTENHAMWELCOME when you register. The free bet credits will be credited to your account within 24 hours. Betzone offers very competitive odds for events like the Cheltenham Festival which can boost your winnings significantly.

Betzone Cheltenham Free Bets Terms and Conditions  – 18+. For NEW UK customers only. 50% OF NET LOSSES BACK of your first day’s Cheltenham betting. New UK customers only. Use Promo code CHELTENHAMWELCOME on registration. Requires account opening, deposit using UK debit card and certain qualifying bets of Evens or greater. Qualifying bets (after 7am) on your first Cheltenham betting day. E.g. if you register an account on Tues but don’t place a bet til Weds, that will count as your first qualifying day. You must place a minimum of 3 bets of £20.

Matchbook £30 in Free Bets if Your First Bet Loses – To claim the offer click this link

The peer to peer sports betting exchange is giving up to £50 in Free Bets for Cheltenham. Punters need to stake £20 or more on horse racing every week. And £10 in free bets will be added to their account for each individual week

Matchbook Cheltenham Free Bets Terms and Conditions – New Customers Only. Sign up using the bonus code ‘Matchbook30’. Place your first bet, if it loses, we will refund your first bet stake as a free bet. The first bet must be placed within 7 days of registration and at odds of 1.8 or more. The max refund is a single £30 free bet and will be applied to your account with 82 hours of qualifying bet settlement. 18+ only. T&Cs apply. BeGambleAware.

BetGoodwin – Get 50% back as a free bet up to £25 – To claim the offer click this link

Offering new customers a 50% Back As Free Bet On First Day of Cheltenham on bet Losses. So if your bet £50 and your bet loses, you get £25 back in free bets. The maximum punters can get back is £25.

BetGoodwin Cheltenham Offer Terms and Conditions – 18+ only. Register a new online account with Betgoodwin. Must have a minimum of 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. The day finishes at 23:59 on day of registration. Free bets must be used in their entirety and stakes are deducted from returns. Free bets non withdrawable Free bets to be credited within 24 hours. This offer can not be used in conjunction with any other Betgoodwin promotion. If your free bet is subsequently voided it will be replaced within 24 hours. Cashed out bets do not count towards this offer. This offer is limited to a free bet award per person/household/IP address. Betgoodwin reserves the right to withdraw or terminate this offer only once the full duration of the promotion has been completed. BeGambleAware.

Bet UK – Bet £10, Get £30 in Free Bets – To claim the offer click this link

UK’s fastest-rising sportsbook is offering new customers who open an account £30 in free bets when they place a qualifying bet of £10. 

Bet UK key Terms and Conditions –  Full T&Cs apply. New customers, opt-in and deposit within 7 days, and settle a £10 minimum bet at odds of 1/2 (1.5) or greater, to be credited with 3x £10 free bets. Free bets must be used on 4 or more selections with odds of 3/10 (1.3) or greater, stake not returned. 18+ BeGambleAware.org.

Pixiebet – Bet £10 Get £30 in Free Bets – To claim the offer click this link

Pixiebet is offering an exciting Cheltenham Festival offer this year – Bet £10 Get £30 in free bets. This offer is available throughout the festival, providing a great opportunity for punters to make the most of the racing action. Pixiebet is an excellent bookmaker for Cheltenham Festival betting due to its many features. Pixiebet offers Price Boosts, which can provide additional value on selections. They also have a live streaming feature on select events, as well as a live calendar feature, allowing users to view upcoming events and odds available

Pixiebet Cheltenham Free Bets terms and conditions – New Players Only. Minimum stake £10, minimum odds 2.0, stake not returned. 1x wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free bet is valid for 30 Days from issue. Max conversion: £100. Excluded Skrill deposits. Withdrawal requests voids all active/pending bonuses. Full Terms Apply.

BetVictor – Bet £5 Get £15 in Free Bets + £5 Casino Bonus – To claim the offer click this link

A new offer just came in this morning, and that is a £20 in Rewards from a trustworthy sportsbook – BetVictor.  BetVictor is an excellent sportsbook for Cheltenham Festival betting, with an exciting offer for new customers. To qualify for the offer, simply sign up and opt in, then place a minimum £5 bet on horse racing. There are no wagering requirements for sports bets, meaning you can enjoy your winnings without any additional conditions. As part of the offer, you’ll receive 3x £5 in free bets and a £5 casino bonus, which can be used on any game except Baccarat and selected slots. Betvictor’s Cheltenham betting offer provides great value and flexibility for both new and experienced bettors.

BetVictor Cheltenham offer terms and conditions – 18+ New customers only, Opt in and bet £5 or more (odds 2.00+) on any Horse Racing Market from 10:00 GMT on 10.3.23 until 17:30 GMT on 17.3.23. No cash out. Get 3x£5 in Free Bets, 7 days expiry and £5 Casino bonus 20x wagering, 7 days expiry. Card payments only. T&Cs Apply, See below. begambleaware.org | Please gamble responsibly

Unibet – Up to £40 Back In Free Bets + £10 Free Casino Spins  – To claim the offer click this link 

Sign up as a new customer during the 4 days of Cheltenham Festival 2023 from the 14th to the 17th of March and Unibet will give you £40 money back in bonuses if your first bet loses.  You must deposit a minimum of £40 and wager the bonus 3 times for the free bets and 50 times for the casino free spins. So as an example if you receive a bonus of £30 in free bet you must bet £90 to complete the bonus conditions. Unibet is a fantastic horse racing bookie with many betting features like Each way betting, nap of the day and Unibet super boost where you can boost your odds three times a day, every day!

Unibet cheltenham offer terms and conditions – 18+. BeGambleAware.org. New customers only. Min Dep £10. Debit cards only. Opt in for bonus funds. Wagering, sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Sports bonus must be wagered before using the casino bonus. Valid for 7 days. Geographical Restrictions and T&Cs Apply

We highly recommend that you check this page daily for regular Cheltenham Festival offer updates.

Bet365 New and Existing Customer Cheltenham Offer: Shishkin to win the Ryanair Chase at 7/4

New and existing customers can get their hands on this super boost by:

• Click this link or the image below to log in or sign up with Bet365
• Placing their bet on Shishkin to win the Ryanair Chase at the super boost price (max stake applies)
• Collecting their winnings if Shishkin is first past the post

Super Boosts are only available to new and eligible customers. Max stake applies, singles only, subject to availability.

Cheltenham Festival Free Bets Terms And Conditions

Eligibility: Betting offers and free bets are often available only to new customers who are 18 years or older and reside in a specific country or region. Some bookmakers may also have additional eligibility criteria such as a minimum deposit or a specific payment method.

Timeframe: Betting offers and free bets usually have a specific timeframe within which they must be claimed and used. This timeframe can vary from a few days to a few weeks, depending on the bookmaker.

Wagering requirements: In order to qualify for a free bet or to withdraw any winnings from a betting offer, customers may be required to place a certain amount of bets or to meet certain wagering requirements. These requirements may be expressed as a multiple of the free bet amount or the bonus amount.

Exclusions: Some betting offers and free bets may exclude certain types of bets or specific sports or events. For example, a free bet may be valid only for horse racing or football, and may not be used for in-play betting.

Maximum stake: There may be a maximum stake limit on free bets or betting offers, which means that customers may not be able to place bets that exceed a certain amount.

Payment method restrictions: Some bookmakers may restrict the use of certain payment methods for betting offers or free bets. For example, customers may not be able to claim a free bet if they use a specific payment method such as Skrill or Neteller. Additionally, some bookmakers may offer enhanced odds or promotions for customers who use specific payment methods such as debit cards or bank transfers.

Withdrawal restrictions: Customers may be required to meet certain withdrawal requirements before they can withdraw any winnings from a betting offer or a free bet. For example, some bookmakers may require customers to make a certain number of deposits or to meet specific wagering requirements before they can withdraw their winnings.

Promotional abuse: Bookmakers reserve the right to cancel any betting offers or free bets if they suspect that a customer is engaging in promotional abuse, such as creating multiple accounts or using bots to place bets.

 

Types of Cheltenham Betting Offers 

The Cheltenham Festival sees all top online bookmakers battling it out for business, so they unleash an extravaganza of Cheltenham betting offers for punters to enjoy.

Here we take a closer look at five of the most popular Cheltenham betting offers you’ll likely see over the four-day Festival.

Extra Each-Way Places

Some races at the Cheltenham Festival have over 20 runners and attract massive interest from each-way punters.  And to attract business, most bookmakers will offer extra places on selected races at the Cheltenham Festival.

A 25-runner handicap would typically see 4 places paid for each-way betting, but at Cheltenham, some bookmakers will offer 5, 6 and even 7 places – always make sure to shop around when looking to place those each-way bets.

Money Back Specials

Be prepared for tremendous money-back specials to appear over the four days of the Cheltenham Festival. 

These cover a variety of scenarios and typically see you receive your stake back as a free bet or cash. Such scenarios could be your horse finishing 2nd or 3rd in the race, finishing 2nd behind the race favourite, falling at the final fence, and many more.

Enhanced Odds

Every bookmaker will offer enhanced odds or price boosts every day of the 2023 Cheltenham Festival.  These can add some fantastic extra profit if they win, so check all of our recommended bookmakers daily to see what enhancements are available.

Non-Runner No Bet

‘Non-runner no bet’ comes into play for ante-post betting and is an excellent safeguard for punters who like to get their Cheltenham Festival bets on early. Odds are available on races at the Cheltenham Festival months in advance, but typically, if your horse does not run at the Festival, your bet is a loser.

With ‘Non-runner no bet’, however, if your horse fails to run at the Festival, you receive your stake back as cash.

Best Odds Guaranteed

All of our recommended bookmakers offer Best Odds Guaranteed throughout the Cheltenham Festival. This excellent bonus ensures you don’t miss out if your horse drifts in price and then wins.

If you back a horse and take the price, which returns at a starting price higher than the price you received, you will be paid out at the larger odds.

Most Reputable Cheltenham Festival Bookmakers

Many online bookmakers will provide odds on the Festival, but we’ve highlighted five that we feel are the best Cheltenham Festival bookmakers.

Bet365

Bet365 is one of the UK’s leading bookmakers and will be offering Best Odds Guaranteed on all Cheltenham Festival races. They will also provide odds boosts throughout the four days, and customers can also take part in their 4/1 offer, which sees you receive a risk-free bet on the next live race on ITV if you back a winner at 4/1 or bigger.

BetUK

BetUK may be a relatively new name on the online betting scene, but they’ve quickly become a popular destination for horse racing fans and are well worth checking out during the Cheltenham Festival. They have a wide range of betting markets on all races and offer free bets to all players who wager £15 or more on horse racing each week – perfect for using on the Cheltenham Festival 2023.

Paddy Power

Paddy Power is another big player in the bookmaking scene, known wide and far for their outrageous behaviour on social media. When it comes to the Cheltenham Festival, they’ll be offering competitive odds plus extra places on the big handicap races alongside promotions throughout the four days.

Sky Bet

Sky Bet has traditionally offered a bonus on the opening race each day of the Cheltenham Festival that sees you receive your money back if your horse doesn’t win. They also provide excellent odds boosts over the four days, and you can watch every race at the Festival on their website or via their highly-rated betting app.

BetVictor

BetVictor’s easy-to-use platform and extensive Cheltenham Festival coverage make it a top choice for beginners and seasoned punters alike. This bookie is a popular choice for horse racing enthusiasts due to their comprehensive selection of markets, competitive odds, and enticing Cheltenham Festival free bets and promotions.

Betfair

Betfair’s horse racing section is a top destination for punters, offering a vast array of markets, live streaming, and innovative features, alongside attractive Cheltenham Festival betting offers and bonuses. Betfair’s Exchange platform offers an innovative betting experience that allows users to set their own odds and bet against other punters, making it a popular option for Cheltenham Festival betting

Betfred

Betfred is renowned for its horse racing coverage and regularly provides excellent odds and exclusive promotions for the Cheltenham Festival, making it a prime destination for betting enthusiasts. Betfred’s dedication to horse racing is evident in its sponsorship of the Cheltenham Gold Cup and other major events, making it a trusted and respected bookmaker in the racing scene.

 

How To Use Your Cheltenham Free Bets

Using Cheltenham free bets is a straightforward process – as effortless as placing a regular bet on the racing action.  However, always check the specific terms and conditions as these vary slightly between bookmakers.

The average process for using your Cheltenham free bets is as follows;

1. Once you have fulfilled any qualifying requirements, any free bet should be automatically added to your account.

2. Select the horse you want to back with your free bet and add it to the bet slip.

3. Any free bet option should show on the bet slip, allowing you to select it to be used as the stake for your bet.

4. If your free bet is a winner, then the winnings should typically be able to be withdrawn as if you have backed the horse with your own money.

Cheltenham Festival Betting Tips

If you’ve never placed a bet on horse racing but are looking to get involved in the Cheltenham Festival action, here are a few handy tips to get you started.

Shop Around

Spending the time to shop around when looking to place a bet can put extra money into your pocket. So if you are looking to bet on a horse, check a few bookmakers to see what betting odds are on offer and go with the best price.

Use Free Bets

Signing up to a bookmaker and receiving some free bets is an excellent way to enjoy the Cheltenham Festival without risking your own money. And with most free bets awarding you withdrawable cash, you could end the Cheltenham Festival in profit if you land a winner.

Don’t Chase Losses

As with all gambling, betting on the Cheltenham Festival should be considered a recreational activity, not a way to make money. So if you do lose, then ensure you never chase your losses.

Is Horse Race Betting Different Than Other Sports Betting?

Horse racing is an exciting sport, and each race offers several betting markets for punters to wager on. It’s a unique betting medium in that it sees humans and animals team up, and it’s one of the most popular sports for betting in the UK and Ireland.

There is some technical language in horse racing betting, and we’ve listed a few terms that you should know if you’re a horse racing betting novice.

Drifter – a horse in the betting that has significantly gone out in the betting odds.

Each-Way – an each-way bet is, in essence, two bets on the one horse, a win bet, and a bet on it to be placed.

Going – the going is the term used to describe ground conditions such as Good or Good to Soft.

Longshot – a horse with high odds in the race

Rule 4 – a deduction to winning bets to take into account non-runners in a race

Yankee – a multiple bet on four selections consisting of 11 bets (six doubles, four trebles, and one four-fold).

Betting Offers For The Cheltenham Gold Cup

The highlight of the four-day Cheltenham Festival is the Cheltenham Gold Cup, which is held on Friday, the Festival’s final day. Being such a high-profile race, bookmakers are keen to get involved in the action and line up some excellent offers and promotions for Gold Cup day.

Many will offer enhanced new customer bonuses on Cheltenham Gold Cup Day, plus enhanced price offers for new customers that could see you receive a boosted price on the favourite for the race, receiving the bonus if the horse wins.

Cheltenham Gold Cup day is one of the biggest betting days of the year, so be sure to check out our site every day of the Festival to ensure you’re entirely up to date on all the excellent offers available.

Major Meetings Before The Cheltenham Festival 2023

The Cheltenham Festival stands above all in the jumps racing scene in the UK and Ireland, but there are several other important meetings throughout the season. Over Christmas, there is action at Kempton, including the King George, a race that has been used as a stepping stone to Cheltenham Gold Cup success.

And there’s also action in Ireland over the festive period, with Leopardstown featuring several top-class races, including the Grade 1 Savills Chase, all geared towards Cheltenham.  Into the New Year, the main focus turns to the Dublin Racing Festival at the start of February, which is seen as the final prelude to the Cheltenham Festival the month after.

Many of Ireland’s leading hopes will use the Dublin Racing Festival as their final preparation race for Cheltenham, while UK-based trainers are starting to send their horses over, attracted by the prize money on offer.

The Biggest Races at The Cheltenham Festival 2023

The Cheltenham Festival takes place over four days, with seven races daily for punters to enjoy, and every day, there is a feature race alongside several other Grade 1 races and competitive handicaps.

Here we highlight what races you should look out for on each of the four days.

Day 1 – Tuesday, March 14th, 2023

The Cheltenham Festival kicks off with the Grade 1 Supreme Novices’ Hurdle, followed by the Arkle – a Grade 1 contest for Novice chasers. The feature race on the opening day of the Cheltenham Festival is the Champion Hurdle which has been won by some legendary horses over the years, including Istabraq, Hurricane Fly and Annie Power.

Day 2 – Wednesday, March 15th, 2023

The feature race on Day 2 of the 2023 Cheltenham Festival is the Queen Mother Champion Chase raced over 2 miles. And Wednesday also features two unique races – the Cross Country Chase and the Champion Bumper, the only race at the Festival run on the flat.

Day 3 – Thursday, March 16th, 2023

All eyes on Thursday will be on the Ryanair Chase and the Stayers’ Hurdle, the two highest-profile races on Day 3 at the Festival. The Pertemps Final also takes place, a race that sees horses qualify through various races over the season. 

Day 4 – Friday, March 17th, 2023

The fourth and final day of the Cheltenham Festival sees the highlight of the entire meeting – the Cheltenham Gold Cup, a race that has been won by some of the biggest names in jumps racing history. The final race of the Festival is the Martin Pipe Handicap Hurdle, a race exclusively for conditional (apprentice) jockeys.

FAQ’s

Which bookmakers offer the best Cheltenham Festival betting odds?

Although all major bookmakers will offer betting odds on the 2023 Cheltenham Festival, we recommend bet365, BetUK, and 888sport as having the most competitive odds.

How do I get Cheltenham Festival free bets?

Getting some Cheltenham Festival free bets is a straightforward process. Simply look at our recommended bookmakers that offer excellent free bet offers and bonuses for new customers. Head to your desired site, sign-up, and enjoy the free bets during Cheltenham.

How do I get more free bets?

Punters are limited to one betting account with each bookmaker, but you’re not limited in the number of bookmakers you can join. So check out all the leading bookmakers and see which ones catch your eye with their free bet offers for new customers – ideal for using at the Cheltenham Festival.

Does free bet have cash out?

Typically, free bets cannot be cashed out, although this varies between bookmakers, so it’s best to check the relevant terms and conditions attached to each offer.

Where can I find horse racing tipsters?

Many horse racing tipsters are sharing their selections online or in national newspapers. However, we prefer to use a well-regarded tipping site such as GG.co.uk, which will provide free tips for every race at the Cheltenham Festival 2023.