Cheltenham Betting Offers & Free Bets 2026

Cheltenham Festival Sign Up Offers

Below are some of the best sign-up offers currently available for the 2026 Cheltenham Festival. 

These welcome bonuses are designed for new customers and provide excellent value, with no nasty strings attached.

Betfred - Bet £10, Get £50 in Cheltenham Free Bets

Betfred has one of the most generous welcome offers on the market.

New customers can claim £50 in free bets with just a £10 deposit. The free bets are split into five different £10 bets, which can all be used on Cheltenham racing.

You’ll receive: 3 x £10 free bets to be used on any sport (horse racing included) and 2 x £10 accumulator bets.

There are no wagering requirements or unfavourable terms hidden in this offer, so it’s a great way to boost your bankroll for Cheltenham.

Spreadex - Bet £10, Get £60 Cheltenham Betting Offer

The new customer offer at Spreadex allows you to explore spread betting as well as the standard fixed odds fare.

When you sign up and deposit £10, you’ll be rewarded with £30 in fixed-odds free bets, as well as £30 in spread betting free bets.

The spread offers a different way to bet, with profit or loss determined by the accuracy of your prediction, rather than a single outcome. Cheltenham spread markets include winning distances, index betting (where horses are awarded points based on performances) and match bets (one horse vs another).

bet365 - Up to £30 in Cheltenham Free Bets

The bet365 welcome offer might not be quite as generous as some others, but it offers a nice degree of flexibility.

Deposit between £5 and £10 and you’ll receive three times that amount in free bets.

The ability to choose your deposit (and bonus) amount is pretty unique - bet365 is one of the only betting apps that lets you customise your welcome offer like this. 

You can use the free bets on any markets or sports you choose, including all the big Cheltenham markets.

Grosvenor - Double Your Odds on Your First Bet

Grosvenor's welcome offer stands out from the typical 'bet & get' or matched deposit deals you'll find at most betting sites. 

Place a £10 qualifying bet at Grosvenor and your odds will be doubled, with no minimum odds required.

While odds boosts are common during the Festival, being able to choose a horse to double your odds is a nice luxury.

LeoVegas - 100% Profit Bonus up to £100 in Free Bets

Like Grosvenor, LeoVegas takes a different approach to welcome offers. 

When you deposit £10, you'll receive a 100% profit bonus on a bet, worth up to £100 in free bets.

For example, place a £10 bet at 5/1 odds and you'll win £100, rather than just £50, with your profits doubled.

The offer excludes horse racing outside the UK and Ireland, but that won't matter if you're betting on the Cheltenham Festival.

Terms & Conditions to Look Out For

• Qualifying Bet Amount: The minimum stake required to unlock your Cheltenham betting offer.
• Minimum Odds: The minimum odds your bet must have to qualify for free bets.
• Expiry Date: How long you have to use your free bets once claimed.
• Wagering Requirements: Rare in sports betting, but when applied, you'll need to stake your free bets multiple times before withdrawing any winnings.
• Payment Method Restrictions: Some payment methods, particularly e-wallets, may be excluded from betting offers, so check your preferred method is accepted.

Best Betting Sites For Cheltenham Offers

Below are some of the top betting sites for Cheltenham betting offers ahead of the 2026 Festival, beyond the sign-up deal.

Tote

• Pool betting specialists - Tote is the home of pool betting in the UK, with Placepot, Jackpot, Quadpot, Exacta and Trifecta markets all available across every Cheltenham race
• Stayers Club - earn up to £10 in free bet credit by placing six qualifying pool bets
• Money back if 2nd - opt in and receive your stake back as Tote credit (up to £10 per race, £70 per day) if your horse finishes second in any Festival race
• Cash-out available - lock in a return or cut your losses before the race concludes
• Live streaming - watch every race at the Festival directly through the Tote site or app
• Welcome offer - Bet £10, Get £30 in free bets for new customers

BetGoodwin

• Money back if beaten by a nose - if your horse loses by the narrowest of margins, BetGoodwin refund your stake, softening the blow of an agonising near-miss
• Money back if 2nd by under half a length - broader protection for close finishes, giving you a free bet if your selection is just edged out
• Free bet if 2nd to a 50/1+ winner - one of the most unique offers in racing; if a massive outsider beats your horse, you get up to £100 back as a free bet
• First past the post - get paid out as a winner even if your horse is subsequently disqualified after the race
• Faller insurance - receive a free bet if your horse falls at any fence or hurdle during the race, not just the last
• Best Odds Guaranteed - if the starting price is bigger than the odds you took, BetGoodwin pay out at the higher price, up to £1,000 per bet
• Welcome offer - Bet £10, Get £15 in free bets for new customers

William Hill

• Best Odds Guaranteed - if the starting price is bigger than your early price, William Hill automatically pay out at the higher odds on all UK and Irish racing, from 8am on race day
• Non-Runner No Bet on all 28 races - William Hill were the first bookmaker to go NRNB on every single Cheltenham Festival race from 1 January, giving ante-post bettors full protection months before the Festival 
• Extra places every race - All races across all four days come with enhanced place terms, giving each-way bettors a better chance of a return even if their selection doesn't win
• Pick Your Places - a unique feature letting you choose which places you want covered on your each-way bet, available from 10am on race day on races with more than six runners
• Live streaming - watch all 28 Cheltenham Festival races live through William Hill with a funded account
• Welcome offer - Bet £10, Get £40 in Cheltenham free bets for new customers
• Enhanced odds every day - Range of daily price boosts across all four days, including a standard Bet Boost and a bigger Epic Boost on selected races

Unibet

• Title sponsor of the Champion Hurdle - Unibet sponsor the feature race on Day 1, meaning this race comes with lots of enhanced prices
• Money back if 2nd or 3rd - on selected races each day, get your stake back as a free bet (up to £20) if your horse gets beaten into the places
• Uniboost - boost the odds on up to three horse racing bets per day throughout the Festival on any horse of your choice, maximum stake £20
• Acca Boost - earn a percentage boost on winning racing accumulators, from 10% on trebles up to 40% on accas of seven or more selections
• Extra places - enhanced place terms on selected races across all four days, particularly useful for the big-field handicaps
• Best Odds Guaranteed - if the SP is bigger than the price you took from 8am on race day, Unibet automatically pay out at the higher odds
• Live streaming - watch all 28 Festival races live via Unibet TV with a funded account
• Welcome offer - Bet £20, Get £40 in free bets for new customers, paid in two drops of £20

BetVictor

• Non-Runner No Bet on all Cheltenham races - NRNB on all 28 Festival races from early February, giving ante-post bettors protection well ahead of the meeting
• Free bet if 2nd to a 50/1+ winner - get your stake back as a free bet up to £100 if a massive outsider beats your horse, a handy safety net at a Festival famous for shock results
• Run for your money - stake refunded if your horse loses all chance at the start before the race gets underway
• Best Odds Guaranteed - available from 9am on race day across all UK and Irish racing, with no wagering requirements on BOG winnings
• Extra places - enhanced place terms on selected races daily throughout the Festival
• #PriceItUp - request a custom market by tweeting BetVictor's traders, who will price it up if possible - great for building unique Cheltenham combination bets
• Welcome offer - Bet £10, Get £30 in free horse racing bets for new customers

Types of Cheltenham Offers

Horse racing bookies get creative with their Cheltenham offers, but most fall into a few common categories:

Money-Back Specials

Many sites offer money-back specials throughout the Cheltenham Festival. 

Place a qualifying bet and if your horse loses in specific circumstances, you'll receive your stake back as a free bet to use on the rest of the Festival. 

Enhanced Odds

Enhanced odds are among the most popular Festival offers. 

Each day typically features a selection of horses with boosted odds - sometimes up to double their current price. Some sites enhance one horse per race.

Extra Places

For the larger fields at Cheltenham, extra place races are always worth seeking out. 

Extending place terms to the first five or even six places lets you back a bigger outsider who might sneak into those extra positions. 

Non-Runner No Bet (NRNB)

Non-Runner No Bet is essential for ante-post bettors. 

With horses often rumoured for multiple races before the cards are confirmed, NRNB refunds your stake if your horse doesn't run in the race you bet on.

Best Odds Guaranteed (BOG)

Best Odds Guaranteed ensures you get the best value when betting on the Festival. 

If you back a horse at 3/1 on the morning of a race but it starts at 4/1, BOG pays out at the higher price - no need to wait until the last minute to place your bets. 

Cheltenham Offers Compared

Latest Odds For All Cheltenham Festival Races

Below you can see the latest and best odds for all Cheltenham Festival races. We've compared prices from top bookmakers and have highlighted the best odds for each runner.

Click on the odds you want to take and you'll get access to an exclusive Cheltenham offer from the relevant bookmaker.