Make the most of the festival with the betTOM Cheltenham Offer, giving new sportsbook customers 50% of their first-day net losses back as a free bet, up to £25. To qualify, simply place three separate bets of £10 or more on different events at odds of 2.0 or higher. If you finish day one in a net loss, betTOM will automatically credit 50% of that loss as a free bet within 24 hours.
The betTOM Cheltenham Offer is perfect for new customers looking to enjoy multiple Cheltenham bets with a safety net. It’s an easy way to back your selections and get some extra value if luck isn’t on your side.
How to claim the betTOM Cheltenham Offer
- Sign up for a new betTOM account.
- Make your first deposit.
- Place at least three sportsbook bets.
- Stake £10 or more on each bet.
- Make sure each bet is on a separate event.
- Make sure each selection is priced at evens (2.0) or higher.
- Finish your first day in a net loss to qualify for the refund.
- Receive 50% of your first-day net losses back as a free bet, up to £25, within 24 hours.
Terms and Conditions
- 18+ only.
- New customers only.
- Sportsbook bets only.
- BetTom casino is excluded.
- Offer gives 50% of first-day net losses back as a free bet up to £25.
- Maximum free bet is £25.
- Minimum qualifying first-day loss is £10.
- To qualify, you must place at least three bets.
- Each qualifying bet must be £10 or more.
- Each bet must be placed on a separate event.
- Minimum odds per qualifying bet are 2.0 (evens) or higher.
- Bets placed towards other offers do not qualify.
- Your first day starts when you make your first deposit.
- First-day losses are calculated as all settled stakes minus all returns before 23:59 UK time.
- Do not use a bonus code on your first deposit.
- Free bets are credited within 24 hours of qualifying.
- Free bets must be used in full within seven days.
- Free bet stakes are not returned with winnings.
- Free bets are non-withdrawable.
- Free bets are non-transferable.
- No cash alternative is available.
- Limited to one free bet per person, household, email, IP, phone number, payment method, and shared location.
- Abuse, fraud, or multiple accounts will result in disqualification.
- Offer available from 16/01/2026 until amended, suspended, or withdrawn.
How much money can I get back?
The refund is 50% of your first-day net losses, with a maximum of £25. The minimum qualifying first-day loss is £10. For example:
- Total first-day net loss £10: You get a £5 free bet
- Total first-day net loss £20: You get a £10 free bet
- Total first-day net loss £40: You get a £20 free bet
- Total first-day net loss £60: You get the capped maximum of £25
How to best use the betTOM Cheltenham Offer
Suppose you deposit £50 and place these 3 qualifying bets on separate Cheltenham races:
- £10 on a horse at 2.0
- £10 on another horse at 3.5
- £10 on a third horse at 5.0
If all three bets lose, your settled stakes are £30 and your returns are £0. Your first-day net loss is £30, so you receive a £15 free bet within 24 hours.
If one £10 bet wins and returns £20 total while the other two lose, your settled stakes are still £30, but your returns are £20. Your net loss is £10, so you receive a £5 free bet.
If your total returns are equal to or greater than your total settled stakes, there is no first-day net loss, so there is no free bet.
Does the betTOM Cheltenham Offer require a Bonus Code?
No. The promotion terms specifically state that you must not use a bonus code on your first deposit because no code is required.
This is important for users searching betTOM Cheltenham promo code, betTOM bonus code, or do I need a code for the betTOM welcome offer. The practical answer is that the offer is automatic if you meet the qualifying rules.
What does “Separate Events” mean for Cheltenham Betting?
Separate events means the qualifying bets cannot all be on the same race or the same event market. For Cheltenham betting, the safest interpretation is to place each qualifying wager on a different race. This reduces ambiguity and aligns with the promotion wording.
For users comparing same race bets, different race bets, and separate event betting, the operational takeaway is clear: use different races rather than trying to stack multiple wagers into one event.
When does the “First Day” start and end?
Your first day starts when you make your first deposit. It ends at 23:59 UK time on that same day. That means there is a real timing issue for Cheltenham bettors. If you deposit late in the day, you have less time to place and settle qualifying bets before the cut-off.
Key details that affect eligibility:
- Early deposit gives more time for bets to settle
- Late deposit creates risk that some bets remain unsettled before 23:59
- Longer-settling markets can fall outside the first-day window
- Day-one strategy should focus on markets likely to settle that day
Who should the betTOM Cheltenham Offer suit?
This offer may suit Cheltenham bettors looking for downside protection rather than a pure matched deposit structure. It is more relevant to punters who plan to place multiple race bets on day one and are comfortable with minimum odds of 2.0 or above.
- Festival bettors: good fit if placing several Cheltenham race bets
- Value hunters: useful if targeting bigger-priced runners at 2.0+
- Matched bettors: less straightforward than a simple stake-not-returned free bet without loss dependency
- Casino users: poor fit because casino play does not count
- Low-stakes punters: limited fit because each qualifying bet must be at least £10
Who might not find the offer ideal?
The offer is less attractive for users who prefer:
- Small qualifying stakes under £10
- Short-priced favourites below 2.0
- Single-bet welcome offers
- Instant bonuses instead of next-day credits
- Offers with stake return on bonus winnings
betTOM Cheltenham Offer FAQs
Is the betTOM Cheltenham offer available to existing customers?
No. It is for new customers only.
Does the offer apply to casino betting?
No. The terms state that BetTom casino is excluded. The offer is for sportsbook bets only.
Do I need a promo code?
No. You should not use a bonus code on your first deposit for this offer.
How many bets do I need to place?
You need to place at least three qualifying bets.
What is the minimum stake?
Each qualifying bet must be at least £10.
What odds do I need?
Each qualifying bet must be priced at evens, which is decimal odds of 2.0, or higher.
Do the bets have to be on different Cheltenham races?
The terms say separate events. For Cheltenham betting, using different races is the clearest and safest way to comply.
What is the maximum free bet?
The maximum refund is a £25 free bet.
What is the minimum loss needed to qualify?
You need a first-day net loss of at least £10.
How is first-day loss calculated?
First-day losses are all settled stakes minus all returns before 23:59 UK time.
When will I get the free bet?
Within 24 hours of qualifying.
How long is the free bet valid for?
It must be used in full within seven days.
Is the free bet stake returned?
No. The stake is deducted from returns.
Can I withdraw the free bet?
No. It is non-withdrawable and has no cash alternative.