The Cheltenham Festival is considered the greatest show on turf, and there’s no better way to enjoy it than by using Cheltenham betting offers to spice it up! Here’s everything you need, right at your fingertips.
- 1 Latest Cheltenham Festival Betting Offers
- 2 What Are Cheltenham Betting Offers?
- 3 Types of Cheltenham Betting Offers
- 4 Best Cheltenham Betting Sites
- 5 Tips on How to Use Cheltenham Free Bets
- 6 Best Markets for Your Cheltenham Betting Offers
- 7 ThePuntersPage Final Say
- 8 Cheltenham Betting Offers FAQs
Latest Cheltenham Festival Betting Offers
What Are Cheltenham Betting Offers?
Cheltenham betting offers include any promotion or welcome bonus that is specifically made for the event. These could be free bets on certain races, added features, like no runner no bets or extra places, and bet and get welcome offers.
We’re sure you’ll find Cheltenham Festival betting offers across every bookie. It’s a massive event with brilliant wagering potential, so it’s important to find the bookies that feature bonus for it . Fear not, as we got you covered with our top Cheltenham betting tips and sites.
Types of Cheltenham Betting Offers
“Cheltenham: probably the biggest horse racing festival in the world”. We could tweak Carlsberg’s beer slogan to define this event, and that’s why you’ll find loads of betting offers for Cheltenham. But which ones deserve the highlight? Here’s a list of our favourites, and why we think they’re must-haves.
Cheltenham Sign-up Offers
Get out of the gates in style with some Cheltenham betting sign-up offers. These are set by bookies for new customers, who’ll be awarded with some free bets when placing a first deposit and bet.
You might not find many Cheltenham-specific welcome offers, but most sign-up deals offer a choice as to which sport you can use them– horse racing will likely be an option.
Parimatch has one of the best betting offers for Cheltenham – ‘Get up to £30 in Free Bets if your 1st Bet Loses’. It’s essentially a no-risk bet, so you can back an outsider, and either win big or get a second chance at making a punt. Thanks to the large number of races, Cheltenham is a good option to make good use of this.
Cheltenham Best Odds Guaranteed (BOG)
If you’re going to place ante-post bets, you should always look for a best odds guaranteed offer. Since the odds fluctuate so drastically on horse racing across online bookmakers, a B.O.G. ensures that you’ll be given the highest price available, even if you already placed a bet.
Let’s say you bet on horse A, priced at 5/1 when your bet was placed. The next day, odds on horse A shifted to 6/1. With BOG, you’re betslip will be automatically updated to 6/1. On the flip side, if horse A went from 5/1 to 4/1, your odds would remain at 5/1.
Bet365 offers BOG on all UK races. In regard to Cheltenham online betting offers, bet356 features BOG from 8:00 am on race day, making it available even for each way betting.
Cheltenham Enhanced Odds
Everybody loves a boost on selected prices. Bookmakers give enhanced odds on specific races or horses to spice up your betting chances. Before placing your bets, look out for any betting sites with Cheltenham offers that enhance your odds to increase any possible winnings.
This a common promo and can be found on every sport and event. The best enhanced odds offers vary wildly, as these can be visible on bet builders, lucky dips or specials.
Coral can be considered the king of enhanced odds! They offer it all year around and on almost every race – from Aintree to Kochi – and will be doing the same for most Cheltenham Festival races.
Cheltenham Acca Insurance
With seven events every day, creating an acca on Cheltenham seems like an excellent option. An acca insurance returns your stake if you lose by a single leg.
This is one of the more useful Cheltenham betting offers due to the unpredictability of the event. The best acca insurance offers can be the difference between a lost bet and a saved stake.
Boylesports offer excellent Acca Rewards, letting you choose between an acca boost or an acca insurance. The acca insurance will come to effect if one out of a minimum of three legs is lost.
Cheltenham Free Bets
A free bet gives you the chance to get some wins without any risk. Most bookies will offer them as part of a welcome offer, or as rewards to frequent punters on special events. Thus, free bets for Cheltenham are common.
The best Cheltenham free bets will come thick and fast, so keep an eye on your bookies and emails to make sure you capitalise all the offers you’re given.
Betway has a welcome offer that’ll give you up to £100 worth of free bets for the Cheltenham races. You’ll have plenty to use on the festival.
Cheltenham Money Back Offers
It does what it says on the tin – Cheltenham money back offers involve any sort of promotions that gives you your money back if your bet loses. The best money-back offers allow you to recoup all your losses, while others only get your money partially back, such as a 50% refund of your stake.
Each bookmaker offers something different, and you may need to opt in, or achieve certain criteria, including minimum odds, time windows and deposit methods.
The Bwin welcome offer is a £20 Backup Bet, which means that if your first bet loses, you’ll be given up to £20 back as a free bet.
Cheltenham Non Runner No Bet
A Non-runner is mainly used as a safety net for antepost betting. Simply put, if a horse that you wagered on is unable to start a race due to an unforeseen reason, they’ll be declared a non-runner, and you’ll be refunded your stake.
Whenever betting on Cheltenham races, it’s good to check if they offer Cheltenham NRNB, as it’s worth having and many bookies do offer it.
Betfred is already offering non-runner no-bet betting offers for Cheltenham, so you can literally start benefitting from now. A true front-runner.
Cheltenham Each Way Extra
Another staple of major racing events, each way betting gives punters a chance to earn a fraction of their stake if their horse finishes within a certain spot. For example, Each way 1/5 for 5 places means that if your horse finishes between 2nd and 5th, you’ll be paid out with 1/5 of your stake.
Each way extra will give you even more places. For example, from 1/5 for 5 places to 1/5 for 7 places. An each way bet calculator will help you figure out the best offer available.
Ladbrokes offer extra places on many of their horse racing markets, and they’ll feature it as one of their Cheltenham betting offers.
Best Cheltenham Betting Sites
UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (11):
    18+ Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (8):
18+ New Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4 x £5 free bets. Free bet available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (7):
  Cheltenham 2025 NRNB: Money back as CASH if your Horse does not Run in ALL Races
Payment methods (7):
18+ Applies to bets placed on selected races after 09:00 10/02/25. Free Bets don’t apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (4):
 18+ Get a real cash refund if your horse loses all chance at the start of a race. Single bets refund up to £100 and Multiple bets up to £500. Applies to UK & Irish racing only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (5):
18+ Get a cash refund if your horse loses all chance at the start of a race. Applies to UK & Irish Racing only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (9):
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first 5 bet within 14 days of account reg at min odds 1/2 = 4x 5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (6):
18+ Double Odds for 1 winner only on L15, L31 or L63. No bonus applies for 2 or more winners. All selections must run for double winner bonus to apply. Any NR will mean the bonus will not apply. No max price or max bonus to apply. Available on Horse Racing and Greyhounds only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
Malta Gaming Authority
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (7):
 18+ Min stake £10, additional stakes required for further free bets. Eligible sports. Odds 2.0+. Debit Card Deposit only (exclusions apply). Eligibility restrictions apply. £100+ in Free Bets made up of Welcome Offer (new customers only), Free Bet Club and weekly Bet and Get promotions. Opt ins required. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (7):
18+ New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
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UK Gambling Commission
This bookmaker is licensed by the UK Gambling Commission (UKGC), ensuring compliance with strict regulations designed to promote fairness, transparency, and the safety of players. The UKGC license is a mark of trust, safeguarding your funds and personal information while encouraging responsible gambling. Learn more about the UKGC here
Payment methods (6):
Up to £50 in Free Bets, Odds Boost Token, 20 Free Spins & £10 Casino Bonus
Payment methods (6):
18+ New players only | Available until 23:59 GMT 31.12.2025 Each challenge has its own TCs. Eligible Bets must be placed for each respective Challenge during the Promotional Period including the following: ACCA, Football, In-Play, and Casino. Each challenge has its own set of TCs and can only be completed 1x. Available to claim: 20 Free Spins, Odds Boost Token, £10 Free Bet, 50% Back up Free Bet up to £20, £10 Casino Bonus when you wager £50+. If all are completed you will receive Max £20 Free Bet to be used on any sport. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad |
bet365 ticks all boxes
Jeremy: bet365 isn’t only a Jack of all trades, it’s the master of them all. Brilliant horse racing market depth, competitive odds, and enough boosts and offers to fill an ASDA car park - bet365 has it all for a complete Cheltenham experience.
Cheltenham Betting Offers for Existing Customers Compared
Is there any bookie that features all the best Cheltenham betting offers explored above? With some many different promo options, this can be hard to know. That’s why we've done the digging for you. Check it out:
| Bookmaker | BOG | NRNB | Odds Boost | Free Bet | Money-Back |
|---|---|---|---|---|---|
| bet365 | Yes | Yes | Yes | Yes | No |
| Coral | Yes | Yes | Yes | Yes | No |
| Betfred | Yes | Yes | Yes | Yes | Yes |
| Parimatch | No | Yes | Yes | Yes | No |
| BetVictor | Yes | Yes | Yes | Yes | No |
| Ladbrokes | Yes | Yes | Yes | Yes | No |
| Spreadex | No | Yes | No | Yes | Yes |
| Betway | No | 27/28 races | Yes | Yes | No |
| BoyleSports | Yes | Yes | Yes | Yes | Yes |
| Sportingbet | Yes | Yes | Yes | Yes | No |
Tips on How to Use Cheltenham Free Bets
Free bets are top drawer, but they aren’t perfect. Claiming free bets can range from stupidly simple to insanely complicated, and this just isn’t right. Here are some things to keep in mind when claiming your Cheltenham free bets, so you can keep it plain sailing.
Free Bet Expiry Date
Make sure to claim and use your free bets for Cheltenham before they expire. These usually last for a week, but you can find all the correct timeframes in the terms and conditions of each offer.
Wagering Requirements
Some bookies will require you to bet your winnings several times to be able to withdraw the money. If you win £10 with a 4x wagering requirement, you’ll need to bet £40 before withdrawing any Cheltenham races’ betting offers winnings.
Bet Type Restrictions
Cheltenham races’ free bets might have restrictions on them. For example, a free bet that can only be used on accumulator bets can’t be used on anything else, so be careful.
Free Bet Amount Excluded from Winnings
Most free bets won’t include the free bet amount in winnings - if you win a £10 free bet on 2/1 odds, you’ll receive £20 (£30 - £10 free bet = £20 in winnings).
Minimum Odds Requirement
If an offer requires a qualifying bet, there will often be a minimum odds bet you must make. If you don’t follow it, you’ll risk losing your promotion.
Best Markets for Your Cheltenham Betting Offers
The Cheltenham Festival is – probably - the biggest horse racing betting occasion in the British calendar. That means you’ll find the most depth of markets and odds to bet on. But which ones are the best? Here are our top picks, and why they’re worth punting on.
Ante-post betting is, quite simply, a bet on the outcome of an event that can be placed well before it even begins. The greater value and larger odds come with more risks, including injuries, or non-runners, which will lose your stake. It can be worth the risk, but using each ways or NRNB could add some safety.
An each-way bet is basically two separate bets in one, made up of equal stakes. One half of the bet is reserved to back the outright winner, while the other half acts as an insurance that rewards a place finish for a fraction of the odds. In an E/W 1/5 - 5, if your horse finishes within the top 5, you’ll get ⅕ of your stake’s odds - saving you some cash.
A forecast is a bet on the top two finishers of a race, say for example the Cheltenham Gold Cup, in which you have predicted the first and second places accurately.
Reverse forecasts are two-stake bets in which you have successfully predicted the top two finishers but have split your stake on them finishing in either order. Both offer some amazing odds but are much harder to predict.
A placepot goes live for every race meeting in the UK, especially for major events like the Cheltenham Festival. A placepot works by punters picking a horse to place in the first – or last – six races of a meeting. If your pick places in each race, your bet will pay out according to a figure generated by the Tote, which is divided based on the winners that have also won the pot, similar to a lottery.
An accumulator, or ’acca’, as it is often referred to, is another popular bet that goes very well with horse racing. With 7 races a day, an acca is an ideal choice - you can pick winners, or places, and get huge payouts. But the more legs you add, the harder it is to predict. There are also loads of Cheltenham free bets for existing customers to use, including acca insurance and boosts.
ThePuntersPage Final Say
Cheltenham betting offers are the best way to get even more out of an already incredible event. We’ve done the heavy work to give you all the tools for you to pick up and use these offers, so get your best tweed suit on, and head off to the races.
Cheltenham Betting Offers FAQs
While every single bookmaker on this list has tonnes to offer, it's hard to look past bet365, Coral and Betfred as top choices.
Punters will be able to watch the Greatest Show on Turf on various livestreaming betting sites including bet365, BetVictor and Parimatch.
All you need to do is register an account with a bookie, making sure to benefit from a sign up bonus, and begin to bet on any of the 28 races throughout the festival.
Yes, there are dozens of Cheltenham betting offers for existing customers. Some of the best ones include best odds guaranteed, non-runner no bet, odds boosts, extra places and many more.
A non-runner no bet means that if a horse unexpectedly doesn't start a race, your stake will be refunded. It happens. In fact, it’s one of the more useful Cheltenham betting offers.