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Adam Haynes
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The latest Betfred Cheltenham offer gets you £50 in free bets when you wager £10. You can also pick and choose from a wide range of other exciting offers and competitive odds across the four days at Prestbury Park.

Betfred offers some excellent new and existing customer promotions available from Champion Day to Gold Cup Day. They also happen to be one of the best UK bookies to bet on the Festival with.

Betfred Cheltenham New Customer Offer

Cheltenham Offer Betfred

If you’re looking for a new bookie, check out the Betfred Cheltenham sign up offer. New customers can claim £50 in free bets from Betfred when betting on the Cheltenham Festival, which is something to consider.

You can compare this deal to other Cheltenham betting offers from top online bookies. Here are the basic details of the promotion.

  • 18+ New Customers Only.
  • Promo code BETFRED50 must be entered during registration.
  • Min £10 debit card deposit
  • £10+ first bet on qualifying sportsbook markets at min odds of Evens (2.0) within 7 days
  • Get 3 x £10 Sports Free Bets & 2 x £10 Acca Free Bets within 10 hours of bet settlement.
  • Free bets valid for 7 days, stake not returned.
  • T&Cs apply.

How the Betfred Sign-Up Offer Works

Keep an eye on Betfred deposit methods as only debit cards can be used to claim this deal. There are some additional terms and conditions attached to the Betfred free bets for Cheltenham.

We don’t think there’s anything particularly restrictive such as turnover requirements, which is always a positive.

Who Qualifies for the Betfred Cheltenham OfferConditions for Claiming Your Free BetsImportant Terms
Criteria Requirements
Residency & Age UK, Ireland, and Gibraltar residents aged 18+
Account Eligibility New customers only
Verification Account must be fully verified before free bet crediting
Payment Method Debit card deposits only
Payment Method Exclusions

 

Prepaid Visa/Mastercard and e-wallets excluded
Withdrawals Betfred withdrawal limits apply
Prior Account Status Previous account holders are ineligible
Household Limit One offer per address/IP/device/mobile number
Requirement Conditions
Promo Code Entry Must use code BETFRED50 during or before the first deposit
First Deposit Minimum £10 via qualifying debit card (see payment exclusions)
Initial Bet First bet of £10+ at odds of Evens (2.0+)
Qualifying Period 7 days from registration to place qualifying bet
Bet Types Sportsbook markets only
Excluded Bets Totepool, Virtual Sports, CashOut bets
Free Bet Crediting Within 10 hours of qualifying bet settlement
Category Restrictions
Total Value £50 in free bets
Breakdown Receive 3 x £10 Sports Free Bets + 2 x £10 Acca Free Bets
Validity Period 7 days from issue
Usage Requirements Must use full free bet amount
Eligible Markets Accas must have 4+ selections
Stake Return Stake not included in returns
Cash Alternative Not available for withdrawal as cash
Additional Offers Excludes other welcome offers from Sports/Lotto/Games/Vegas

How to Claim the Betfred Cheltenham Offer

Betfred is a leading bookmaker known for its competitive odds, special offers, and excellent promotions for Cheltenham. What we like most about this Betfred Cheltenham offer is that it provides new customers with free bets when they sign up and place a qualifying wager. Follow these simple steps to claim your yours now.

  1. Visit Betfred's Website and Register

    Head to Betfred’s website on your preferred device. Look for the green ‘Join’ button in the top right corner and click or tap it to start the sign-up process. You will be asked to provide your name, postal address, email address, telephone number, and other details when opening an account with Betfred.
    Visit Betfred's Website and Register
  2. Enter Promo Code BETFRED50

    Pop the Betfred promo code BETFRED50 in the designated field during registration. This ensures you qualify for the Betfred Cheltenham offer and other potential special offers that can be claimed via the bookie.
    Enter Promo Code BETFRED50
  3. Make a Debit Card Deposit of £10 or More

    Deposits via cards are required to claim this free bet offer from Betfred. Prepaid Visas/Mastercards/e-wallets do not qualify for the promotion. Again, make sure that your first deposit is at least £10 using an eligible debit card, as other payment methods do not qualify.
    Make a Debit Card Deposit of £10 or More
  4. Place Your Qualifying Bet

    You must place a qualifying bet of £10 or more on any sports market with minimum odds that meet Betfred's key terms. In terms of odds, you must place your initial bet at evens (1/1) or greater within 7 days of registering. You can choose from a wide range of betting markets, including select races and championship races.
    Place Your Qualifying Bet
  5. Receive Your Free Bets

    You’ll receive your Betfred free bet for Cheltenham once your qualifying wager has been settled – this is typically within 10 hours of settlement. These include 3 x £10 to use on any sports betting markets and 2 x £10 to use on accumulators with 4+ selections. The free bets are credited automatically and can be used on various eligible markets for the Cheltenham Festival.
    Receive Your Free Bets

Betfred Gold Cup Sponsorship

Not long after the purchase of the Tote in 2011, Betfred Cheltenham Festival sponsorship of the Gold Cup was announced. The English bookie held sponsorship rights to the event from 2012 onward, breaking a long association with Tote (1980-2003) and totesport (2004-2011).

Betfred lost sponsorship rights in late 2015. The Jockey Club and Arena Racing rolled out a new initiative banning bookmaker sponsorships from operators that did not contribute to horse racing from their offshore business. Timico, an independent internet service provider, took over.

The bookie shifted focus to the Flat racing calendar after that. Betfred now sponsors all five British Classics, providing a tasty £2,000,000 Triple Crown bonus to any horse winning the 2000 Guineas, Epsom Derby and St Leger. While they may not sponsor any races at the Festival, the Betfred Cheltenham offer is something you can use when betting on any of this year’s races.

Betfred Cheltenham Gold Cup Odds

We’ve compared Betfred Cheltenham odds for the Gold Cup against other top bookies in the industry. Betfred’s prices may not be the best across the board but are very competitive.

Here are the odds for the 2025 Cheltenham Gold Cup you can find at Betfred and the industry’s best price for each horse involved. Make sure to check out the latest Gold Cup betting offers for deals to complement these odds.

Cheltenham Gold Cup Horses Betfred Cheltenham Odds Industry Best Price
Galopin Des Champs 4/9 8/15
Fact To File 5/1 11/2
Banbridge 7/1 8/1
Corbetts Cross 12/1 14/1
Grangeclare West 16/1 23/1
Monty’s Star 14/1 20/1
L’Homme Presse 16/1 16/1
Grey Dawning 20/1 33/1
Jungle Boogie 33/1 40/1
Hewick 40/1 50/1
The Real Whacker 50/1 66/1
Gentlemansgame 50/1 66/1
Conflated 50/1 100/1
Ahoy Senor 66/1 66/1
Royale Pagaille 66/1 100/1

Betfred Cheltenham Festival Existing Customer Offers

There are some excellent Betfred Cheltenham offers available to grab as an existing customer. With four days on this year’s Cheltenham schedule, there are plenty of races to bet on.

You are considered an existing customer as long as you have a valid, funded account with the bookie. And have used your welcome bonus.

Not all promos and offers translate into free bets. Instead, some give you an advantage when it comes to guaranteed odds. Others may protect you from losing your stake on ante post bets for feature races at Prestbury Park in March.

Betfred Best Odds Guaranteed

Cheltenham Offers BOG

Betfred Best Odds Guaranteed runs from 8am and can be used on Cheltenham Festival racing markets. This means if you bet on a selected UK or Irish race after 8am on the day of the race, and if the Starting Price (SP) is higher than the odds you took, you’ll be paid at the bigger price.

We’re big fans of Betfred Best Odds Guaranteed and recommend you get on it to ensure you never miss out on those better odds. For example, if you back a horse at 4/1 but its SP drifts to 6/1, you’ll be paid at 6/1 instead. On the other hand, if the odds shorten, you’ll still be paid at your original price when you’re on Betfred BOG time.

Betfred NRNB Cheltenham

NRNB Betfred Cheltenham Offers

Betfred’s Non-Runner No Bet Cheltenham offer is an excellent way to bolster your ante-post bets for the 2025 Cheltenham Festival. What we love about this offer is that if your selection doesn’t run, you get your stake refunded. Better yet, the refund is paid not as a free bet but as cash.

The Betfred non runner no bet Cheltenham deal is available for all races at the Festival, which is excellent work from the bookie. To avail yourself of Betfred’s Cheltenham NRNB offer, you must place a bet on the outright NRNB market for any race after 9am on 10/02/25. If your horse is declared a non-runner, you’ll receive your money back after official declarations are made.

Betfred Extra Place Races

Cheltenham Offers EP Betfred

In addition to deals such as NRNB and the Betfred Cheltenham offer, Extra Place Races deserves a mention. With this promotion, you receive enhanced each-way betting terms on select races throughout the Festival. Betfred generally offers extra places on competitive handicaps and championship races, which can be conducive to securing at least some kind of each-way return.

You can use some of the free bet credits from the Betfred welcome offer for Cheltenham when betting extra place markets. Extra Place Races are determined by the bookie’s discretion, with up to 4 places common for 12 or more runners and 5 places for 15+. It’s always worth double-checking this before you bet, however.

Free Bet if 2nd or 3rd

Betfred Cheltenham Offers Free Bet

Betfred’s Free Bet if 2nd or 3rd offer is a great way to get something back if your horse doesn’t perform on the day. If you bet a win or each-way single on a nominated race at Cheltenham – and your horse finishes second or third – you’ll receive your win stake back as a free bet. This is up to £10 to use on any International Racing market.

We wouldn’t say we prefer this deal any more than the extra places, Best Odds Guaranteed (BOG), Acca Insurance, or other promos at Betfred. Or other Cheltenham free bets and bonuses, for that matter. We certainly like it, especially if you are betting on multiple races at the Festival.

Secure up to £10 back by opting into this deal on the bookie’s website.

Lucky Bonus & Multiply Your Odds

Betfred Cheltenham Lucky Bonus

The Lucky Bonus at Betfred is a good way to boost your winnings at the Cheltenham Festival. It pays up to a 25% cash bonus on successful Lucky 15, Lucky 31, Lucky 63, Yankee, Canadian, or Heinz bets.

To avail of this one, place a qualifying multiple on Cheltenham horse racing. If all selections win, you’ll receive a cash bonus on your total winnings.

  • Lucky 15 & Yankee – 10% bonus.
  • Lucky 31 & Canadian – 20% bonus.
  • Lucky 63 & Heinz – 25% bonus.

With Multiply Your Odds, you can also get up to five times the price. If only one of your selections wins in a Lucky 15, Lucky 31, or Lucky 63 during the Cheltenham Festival. Like other existing customer promos at Betfred, this is great for when you aren’t exactly firing on all cylinders with your bets.

Betfred Cheltenham Offers Multiply Your Odds

Place a Lucky 15, Lucky 31, or Lucky 63 on Cheltenham horse racing. If all your selections run but only one of them is a winner, you receive boosted odds up to 5x as cash.

  • Lucky 63 – 5x the odds for one winner.
  • Lucky 31 – 4x the odds for one winner.
  • Lucky 15 – 3x the odds for one winner.

This is a solid deal. And one that could get you something decent back if you end up with just one winner.

10% Winnings Bonus & Tricast Bonus

Betfred Cheltenham Offers 10% PC Tricast

You receive a nice Betfred Cheltenham betting boost when you place a win single bet of up to £50 on selected races on certain days.

  • With the 10% Winnings Boost bet bonus, you can opt-in to receive a 10% cash boost on top of your winnings.
  • Winning Tricast Bonus tricasts with all selections winning get a cash bonus of up to 10% on top of your winnings.

These Betfred Cheltenham offers are also well worth looking at when joining the site via desktop or the betting app.

Betfred Cheltenham Festival Special Markets

Beyond standard win and each-way betting options, Betfred offers special markets you can bet on. Here are some of our favourites.

  • 2025 Cheltenham Festival Prestbury Cup Winner
  • Cheltenham Top Trainer
  • Festival Top Jockey
  • Race-Specific Specials
  • Championship Races Doubles

How to Maximise Betfred Cheltenham Offers

You can enhance your chances of winning money on Cheltenham by taking a smart approach to Betfred offers.

Here are some tips that can help.

  • Claim Your Betfred Sign Up Bonus ahead of time.
  • Combine your each-way options with Extra Place Races.
  • Take Betfred Best Odds Guaranteed (BOG) for better prices.
  • Consider each-way options on extra place races.
  • Look for specific deals for each race.
  • Zone in on price boosts wherever possible.
  • Always take NRNB on ante-post bets.
  • Opt-in to alerts for free bets and other offers throughout the Festival.

Why Choose Betfred for Cheltenham Betting

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Take advantage of the latest Betfred Cheltenham offers & free bets to kickstart your Cheltenham betting experience. New customers can claim an excellent welcome bonus of £50 in free bets when they sign up. Simply make an initial deposit of £10 by debit card to get the new customer offer.

Another reason we recommend Betfred is for their existing customer promos. From Best Odds Guaranteed to Betfred Extra Place Races to NRNB prices and Lucky Bonuses, there’s a lot of variety. Doubled with the Festival coverage and competitive betting odds across all four days of racing, things are bright.

Betfred offers some good Cheltenham value across their wide range of betting markets. With or without special offers and bonus terms. We think Cheltenham punters will also be fans of their user-friendly site, extensive horse racing markets, quick withdrawal processing, and reliable customer support agents.

FAQs

What is the Betfred welcome offer for Cheltenham?

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Adam Haynes
Adam Haynes

Our betting expert Adam Haynes helped set up the Cheltenham Betting Sites. Adam helps us determine the best betting sites for Cheltenham and breaks down some of the top wagers you can place on key races. His broad knowledge and expertise are vital to our success.

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