Betfred Cheltenham Offers For The 2024 Festival

Author Image Written by James Molloy
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The buzz has arrived for the 2024 Cheltenham Festival and the best betting sites are pulling out all the stops for the biggest event on the racing calendar.

Betfred is one such site, with a number of Cheltenham betting offers and promotions for racing fans.

Here we'll take a deep dive into the best Betfred Cheltenham offers and how to claim them.

Betfred Cheltenham Offer For New Customers

Betfred Cheltenham free bets come with the welcome offer for new customers.

Unlock £50 in bonus funds by signing up for a Betfred account and placing a £10 qualifying bet.

The bonus bets are awarded as one £20 horse racing free bet, one £20 free football acca bet and a £10 casino bonus.

How to Claim This Betfred Cheltenham Betting Offer

Claiming the Betfred Cheltenham offer is pretty straightforward. You must be over 18, living in the UK and using a debit card registered to you. 

Here’s what you need to do:

  1. Sign up for a Betfred account and make a deposit of £10 or more with the bonus code CHELT50.
  2. Place a bet of £10 or more on any sports market at odds of evens or greater.
  3. Once your bet has settled, you will be awarded the £50 in bonus bets.

If your bet is voided or cancelled, it will not unlock the offer and you will need to start the process again.

Betfred Cheltenham Offers For Existing Customers

If you’ve already signed up for a Betfred account, you can still avail of some great bonuses and promotions for existing customers.

Some of these you may be familiar with if you've used horse racing betting sites before.

Extra Each-Way Places

Betfred has extra places for each-way bets every day during Cheltenham.

For example, in a race where four places are usually paid, you'll be paid out if your horse is in the top five positions at 1/5 of the win odds.

'Super Extra Place Races' take this offer a step further - so you get paid out on two more places than usual. These are usually available once per day.

Money-Back Betfred Cheltenham Free Bets

If your horse runs well, but is pipped by one or two rivals, you can get money back as a Cheltenham free bet.

On specially selected races, the bookie will return your stake as a free bet if your horse finishes second or third.

This is another offer that normally only pops up on one race per day - but it’s one worth keeping an eye out for.

Lucky Cash Bonus

With this offer, the bookie will pay out a cash bonus of up to 25% on successful Lucky 15/31/63, yankee, Canadian or heinz bets during the Festival.

Lucky Odds Boosts

This Betfred Cheltenham offer boosts the odds on lucky 15/31/63s with only one winner.

Betfred will pay five times the odds if you only have one winner on a lucky 63, 4x if a single selection wins on a lucky 31 and 3x if you only have one winner on a lucky 15 bet.

Best Odds Guaranteed Betfred Cheltenham Offer

You won't have to worry about shortening or lengthening odds on the day of a race with this Betfred Cheltenham offer.

If you back a horse after 8am and your selection starts the race at shorter odds than on your bet slip, you're paid out at the original price thanks to best odds guaranteed.

Similarly, if the horse goes off at longer odds than those you took, you’ll be paid at the bigger odds.

Winning Tricast Bonus

If you place a successful tricast on races at the Cheltenham Festival, Betfred will throw in a cash bonus of 10% on top of your winnings.

This offer is only valid if all three selections on the docket are winners.

What Else Does Betfred Offer Cheltenham Bettors?

Betfred has plenty of bells and whistles to enhance your Festival betting, aside from the offers outlined above.

For example, the live streaming service will allow you to watch any of the 28 Festival races as long as you have a positive account balance.

If you're not able to watch a race on TV but don't want to miss the action, you can use the Betfred betting app to view it on Android and iOS devices.

If you're into betting on more than just horse racing, it's worth noting that Betfred is also one of the best football betting sites in the UK.

They have 50% bonuses on successful football accas and double/treble the odds on first goalscorer bets if your player goes on to score more.

Betfred Cheltenham Offers in Summary

Offer NameOffer Terms
Bet £10, Get £50 in BonusesDeposit £10 with the code CHELT50 and place a bet at odds of 1/1 (EVS) or greater to earn £50 in bonus bets. 
Extra Each-Way PlacesExtra each-way places on select races throughout the Festival, paid at 1/5 odds.
Money-Back Cheltenham Free BetsMoney-back as a free bet on selected races if your horse finishes second or third.
Lucky Cash BonusEarn a cash bonus of up to 25% on Lucky 15/31/63, yankee, Canadian or Heinz bets during the Festival.
Lucky Odds BoostsBetfred boosts the odds on Lucky 15/31/63s with only one winner.
Best Odds GuaranteedBest odds guaranteed on all bets placed after 8am on the day of the race.
Winning Tricast Bonus10% extra cash bonus on all winning tricasts throughout the Festival.

Updated by

James Molloy

Fact Checked by GDC - Icon - Black - Info

Kevin Taylor

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