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Dan Fitch
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As the leading betting exchange in the world, but also possessing a sportsbook, Betfair Cheltenham offers should help punters cover all bases.

We explore the deal that this famous brand have for new and existing customers, take a look at their Gold Cup odds and reveal how you can make the most of their promotions.

Betfair New Customer Offer for Cheltenham

Betfair Cheltenham offers

If you’re planning to bet on racing multiples during the Cheltenham Festival, then Betfair have the welcome offer for you. Sign up and bet £10 on the Betfair Sportsbook at odds of 1/1 (2.0) or higher and they will give you £50 worth of free multiple bets.

That’s a bonus worth five times the value of your initial qualifying bet, making this one of the most generous offers for new customers available. Read on to learn more about the key terms and conditions of this deal and how you can go about claiming it.

Terms & Conditions

To get your Betfair Cheltenham free bets welcome offer, you will need to comply with certain terms and conditions.

We think that the qualifying requirements and the general rules are quite reasonable with this promotion. Here’s the main things that you need to remember.

  • This offer is a Sportsbook exclusive.
  • You can only take part in this offer if you are not an existing or a previous Betfair account holder.
  • This offer is available to accounts registered in United Kingdom and the Republic of Ireland.
  • Open a new account using promo code ZSKAOG.
  • Deposit a minimum of £10 using debit cards or Apple Pay.
  • Place a minimum £10 bet on the Betfair Sportsbook at minimum odds 1/1 (2.0).
  • Qualifying requirements must be completed within 30 days of opening your account.
    £50 in sportsbook free bet tokens to use on Bet Builders, accumulators or multiples will be awarded after the qualifying bet has settled.
  • All rewards are valid for 30 days after they have been awarded.
  • Unmatched, unsettled or voided bets will not count towards this promotion.
  • Free bet stakes are not returned with winnings.
  • Bets placed using free bets as the stake (in full or in part) will not qualify.
  • Cashed Out or Partially Cashed out bets are excluded from the promotion.
  • The offer excludes the following bet types: Canadian, Goliath, Heinz, Lucky 15, Lucky 31, Lucky 63, Patent, Super Heinz, Trixie & Yankee.
  • To complete Phone Verification you must have a device capable of receiving an SMS.

How to Claim the Betfair Cheltenham Offer

Just to make it even easier for you to land the welcome deal from Betfair here is a step-by-step guide to the process.

  1. Visit Betfair

    Go to the Betfair website and click on the grey button marked ‘Sign Up’ in the top right corner of the screen.
    Visit Betfair
  2. Register

    A registration form will appear. Fill in your personal details, set your account login and enter the Betfair promo code: ZSKAOG. Once you have filled in the information and ticked the box to agree to the terms and conditions, click on the yellow button marked ‘Sign Up’ to open your account.
    Register
  3. Deposit

    You will now go to a page where you can deposit some funds. Choose from the various Betfair deposit methods. Remember that only deposits via cards and Apple Pay are eligible for this offer. Enter the payment method details, how much money you want to add and then confirm the transaction.
    Deposit
  4. Place Bet

    Now you need to place your qualifying bet. It must be a sportsbook bet with a minimum odds requirement of 1/1 (2.0) and bet stakes of at least £10. Find a wager that you like, click on the odds to add it to your bet slip, enter the stakes and confirm by clicking the yellow button marked ‘Place Bets’.
    Place Bet
  5. Get Bonus

    Once your first bet has been settled you will receive your free bets. In order to place them, choose the selections for your multiple bet and click on the odds to add them to your bet slip. Enter your chosen stake and click on the slider which says ‘Use available bonus’. Once you are happy with the bet, click to confirm it.
    Get Bonus

Betfair Sponsorship at Cheltenham

During the 2024-25 jump racing season, Betfair sponsored races on both New Year’s Day and Festival Trials Day at the course. They include the Cotswold Chase, which is a trial for the Gold Cup won by L’Homme Presse in 2025.

The Betfair Exchange specifically sponsored the two Premier Handicaps held at respective January fixtures. Betfair also sponsored the Cleeve Hurdle on Festival Trials Day, an official Stayers’ Hurdle trial.

Betfair Odds for Cheltenham Gold Cup

The most eagerly awaited feature race of the Cheltenham schedule is the Gold Cup.

Here are the current Gold Cup odds at Betfair and the best prices that are available elsewhere.

Cheltenham Gold Cup Horses Betfair Cheltenham Odds Industry Best Price
Galopin Des Champs 8/15 4/7
Banbridge 13/2 8/1
Fact To File 8/1 8/1
Corbetts Cross 12/1 14/1
Monty’s Star 14/1 16/1
Grangeclare West 16/1 16/1
L’Homme Presse 16/1 20/1
Grey Dawning 25/1 33/1
Jungle Boogie 33/1 40/1
Hewick 50/1 50/1
Gentlemansgame 50/1 66/1
The Real Whacker 66/1 66/1
Ahoy Senor 66/1 80/1
Royale Pagaille 66/1 100/1
Conflated 100/1 100/1

Betfair Cheltenham Offers for Existing Customers

It’s not just new customers who have access to useful promotions for the Cheltenham Festival at Betfair. Here are the available Cheltenham betting offers for existing users of the Betfair Exchange and Sportsbook.

Betfair NRNB on Cheltenham

If you’re placing an early bet on Cheltenham, then it always makes sense to have non-runner no bet on your side. With this offer, if you bet on a horse in a Festival race and it ends up being a non-runner, you will get your stake back.

Betfair have not opened up their non-runner money back offer yet, but stay tuned. We expect a launch before the Cheltenham Festival.

Extra Place Races

Each-way bettors at Cheltenham are always on the lookout for extra places, especially for handicap races which are designed to be competitive. With this horse racing offer the industry-standard each-way terms are extended.

So a race where a finish in the first three is a place, becomes a first four finish. If it’s the first four that place, it becomes the first five.

At major racing festivals like Cheltenham, you can find extra places at just about every race if you shop around. Betfair offer extra places on selected races all year round, so you can expect them to be in the mix.

Betfair Cheltenham Free Bet on Multiples Every Weekend Before the Festival

betfair cheltenham offers

Existing customers can enjoy a Betfair free bet before Cheltenham. Every weekend in the run up to the Festival, select users can claim a free bet to use on a racing multiple.

The minimum price of each selection is 1/2 (1.5). In total, Betfair customers can enjoy this promotion over seven weekends, which will really get you in the mood for Cheltenham and could see you build up your funds for the Festival.

Refer And Earn £10 in Cash

Betfair customers can also boost their Cheltenham coffers by referring their friends. Among the Betfair Cheltenham offers is their Refer and Earn scheme.

Refer a friend and when they stake £10 on the Betfair exchange, sportsbook or casino, you will receive £10 in cash. You can claim the  offer on five separate occasions, so it’s time to dust off that old address book and try to claim the full £50 bonus.

Betfair Cheltenham Specials

You can expect to find plenty of specials at Betfair for the Festival. Several weeks ahead of the Cheltenham action starting Betfair have a range of exciting specials on the Festival available.

They take the form of doubles and multiples, with considerable odds boosts applied. Betfair also give out daily price boosts on a range of racing specials each day.

These include specials focused on jockey and trainer performances, so there will be these sorts of bets available for Cheltenham.

How to Maximise Betfair Cheltenham Offers

As we have shown you, there are a large number of Betfair Cheltenham offers available. Here are some tips on how to make the most of them.

  • There are large numbers of boosted specials available for Cheltenham, so if placing doubles, trebles or multiples, do check that these aren’t already available, with enhanced odds.
  • Try and get your friends to sign up to receive the maximum amount of five Refer a Friend bonuses. Not only will you profit, but they will be eligible to receive the welcome deal.
  • If placing Cheltenham bets in the weeks before the Festival, try to get NRNB in place, to protect your investment if a horse pulls withdraws.
  • By using the Betfair Exchange Cheltenham offers can come with guaranteed profits. You could place free bets on the sportsbook and lay it on the exchange, to ensure that you win.
  • The Betfair Cheltenham offer for new customers gives your £50 in free bets to use for multiples. Use larger stakes for low-risk doubles with two hot favourites and keep the stakes small for more ambitious multiples with big odds.

Why Choose Betfair for Cheltenham Betting?

The key reason to opt for Betfair for the Festival is their online exchange. You get access to two Betfair Cheltenham betting markets, as the sportsbook and the exchange offer different experiences.

With the Betfair Sportsbook you get fixed odds, with NRNB in place and lots of boosts and specials available. On the Betfair Exchange you have more freedom.

Your exchange bets can take the form of backing a horse to win, but you can also lay a horse, which is when you bet on them to lose. This allows punters to create scenarios where they have no-risk bets, or even lock in guaranteed profits if prices shift.

Say, for example, you placed a £10 back bet on the Ryanair Chase at odds of 9.0. You would stand to win £80. If the lay odds came in to 7.0, you could place lay stakes of £10, creating a scenario where you’d win £20 if your horse won and lose nothing if the horse lost.

The exchange is open during races. This means that if you back a horse and it moves into a favourable position, then the odds will reduce accordingly, allowing you to lay off and protect your stake, or guarantee a return.

Another advantage is that there is no maximum stake at the exchange. If the liquidity is available, you are free to bet as much as you’d like. Aside from the exchange, the range of promotions and features available at Betfair make them an excellent choice for the Festival.

They have one of the best tipping sites around, featuring contributions from major racing industry figures such as Paul Nicholls. The customer service is top notch and payment options are plentiful, with a generous Betfair withdrawal limit available.

FAQs

What is the Betfair Cheltenham sign up offer?

How much in Betfair free bets for Cheltenham can I get from their fantastic welcome bonus?

Is Betfair Best Odds Guaranteed?

Which races have extra places among available Cheltenham Festival offers at Betfair?

Are there fewer Betfair Cheltenham promotions than at previous Festivals?

Dan Fitch

Dan has been a writer and editor for some of the leading names in the gambling industry for nearly 20 years. In addition to his work with us at Cheltenhambettingoffers.net, he freelances as a sports journalist for top publications and websites like ESPN, FourFourTwo, and LiveScore.

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