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.
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.
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.
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.
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.
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 |
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.
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.
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.
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.
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.
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.
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.
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.