Best Cheltenham Free Bets 2022

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15 min read

Betting customers hardly need another reason to wager on the Cheltenham Festival. The four day horse racing event takes place annually in March, leading runners, jockeys, trainers and owners descending on Cheltenham Racecourse in Gloucestershire. Cheltenham free bets make staking on the Champion Hurdle, Stayers’ Hurdle, Gold Cup and other races all the more appealing. 

Looking for free bets Cheltenham ahead of the opening race on March 15th? SportsLens has you covered. The best Cheltenham free bet offers are found on this page, with each coming from a licensed and reliable online bookmaker. On top of this, we will explain how a free Cheltenham bet works, including their key terms and conditions.

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Bet £10, Get £30 In Free Bets + £10 Casino Bonus

9.7 Best Cheltenham Free Bets [cur_year]
Best Cheltenham Free Bets [cur_year]
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Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days • Withdrawal restrictions, payment methods, country & Full T&C’s apply.

Bet £10, Get £30 in Free Bets

  • Daily horse racing specials include Cheltenham
  • BetUK Acca Club boosts winnings
  • Good choice of Festival ante post markets
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18+, T&Cs apply. Full T&C’s Apply. New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry

Bet £25 on Fixed Odds Get £36 in Free Bets

  • Spread betting on Cheltenham
  • Fixed odds wagers also available
  • Watch Cheltenham live on streams
9.7 Best Cheltenham Free Bets [cur_year]
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18+ Place a £25 fixed odds bet at minimum odds of 1/2 and get 5 x £5 fixed odds bets, 2 x £5 Winning Favs spread bets + a £1 Race Index spread bet. Ts&Cs Apply.

Bet £30 Get £30 Free Bet + 20 Free Spins

  • Complete ante post betting
  • Rags to Riches Free Bet offer
  • Bonuses on Lucky 15s, 31s & 63s
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New customers only aged 21+. Minimum deposit £10. Qualifying bet must be placed at odds of evens (2.0) or greater. Get a matched Free bet up to £30 plus 20 Free Spins on Fishin’ Frenzy The Big Catch, credited within 24 hours. Free Bet and Spins expire in 7 days. T&Cs apply. Please bet responsibly.
#1 UK Site for Cheltenham Betting Offers

Bet £10 Get £60 in Bonuses

  • Ante post extra place Cheltenham races
  • Non Runner No Bet on biggest Festival races
  • Full Cheltenham ante post betting
Best Cheltenham Free Bets [cur_year]
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New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. Terms & Conditions Apply

Bet £5, Get £20 in Free Bets

  • Pool betting enhanced dividends
  • Weekly free bet deal available
  • Free horse racing live streaming
9.5 Best Cheltenham Free Bets [cur_year]
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New customers online only. Place your first bet on racing pools for a minimum of £5 and win or lose you will receive £20 Tote Credit. £20 Tote Credit rewarded as £10 redeemable against racing bets only and £10 redeemable against UK and Irish placepot bets only. Tote Credit cannot be withdrawn, exchanged, or substituted and expires after 7 days. Qualifying bet is the first racing pool bet added to the bet-slip. Ten to Follow, virtual and football bets do not qualify. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. New UK & ROI customers only. 18+. Full T&Cs apply.

Deposit £10 Get £30 in Free Bets

  • Various Cheltenham races betting offers
  • Ante post betting available on the Festival
  • Mobile exclusive platform
Best Cheltenham Free Bets [cur_year]
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New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply.

£35 Free Bet + 10 Free Spins

  • Money Back as Free Bet if 2nd to SP Fav offer
  • Horse Racing Acca Bonus for Cheltenham
  • Quinnbet Quarterback promo
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To activate this promotion you must deposit and stake a minimum of £10. You must place a minimum of 5 rounds during the qualifying period and 4 of these rounds must be at least half the value of your highest placed wager. T&Cs apply | 18+ New UK Customers Only |

Bet £10 Get £20 In Free Bets

  • Strong Festival ante post betting
  • 3/1 Winner Bonus gives Cheltenham free bets
  • Watch Cheltenham live with funded account
9.5 Best Cheltenham Free Bets [cur_year]
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*New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. 18+

Bet £10 Get £20 + Free Bet If 2nd To SP Fav

  • Plenty of Cheltenham special offers and bets
  • Extra Place races include the Festival
  • BOG from day before Cheltenham races
9.5 Best Cheltenham Free Bets [cur_year]
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*New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply.**18+. Opt in. UK/IRE customers only. Max refund £/€20. Win or win part of e/w outright singles only. 5 or more runners. 1st bet on each race. Free bet expires after 7 days. Free/void/antepost bets don’t qualify. T&Cs apply

Bet £10 Get £10 Free Bet

  • Full Festival ante post betting
  • NRNB on all the action
  • Boosted winnings on Festival system bets
9.5 Best Cheltenham Free Bets [cur_year]
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This offer is for new customers only and is available once per household. Max. FreeBet amount: £10 Minimum Deposit and wagering on sport to activate the Free Bet is: £10 Void/cancelled or cashed out bets do not count towards wagering to activate the free bet. Offer valid only to customers making a first deposit of £10 or more.

50% of First Day Losses Back As a Free Bet Up To £25

  • Ante post betting on all of Cheltenham
  • Three Free Bet refund offers
  • NRNB on half of Festival races
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New customer offer only. Must have a minimum of 3 bets of £10 at ods of evens (2.0) or bigger on first day. First day losses equals all settled stakes less all returns. Free bets must be used in their entirety and stakes are deducted from returns. If this promotion is withdrawn it will not impact any qualifying bet you have placed during promotional period

Cheltenham Free Bet Offers

A number of promotions are available surrounding the Cheltenham Festival. Free bets are offered to entice new customers, as well as keep existing customers satisfied. While not all promotions will appear to be free bets in the traditional sense, they will provide punters with additional funds to wager on this leading horse racing event with. Below are among the most common Cheltenham free bets available to punters in the UK:

New Customer Cheltenham Free Bets

The most common type of Cheltenham free bet is available exclusively to new customers. In fact, some punters will sign up with an online bookie because of its welcome offer alone. While we do not recommend this, given the appeal of some Cheltenham free bets, it is clear to see why this is the case. A qualifying deposit and bet are required in most cases. Meanwhile, minimum odds and other terms and conditions will also be in play. Once claimed, free bets can be used on any sportsbook market, including Cheltenham Festival options. Below are our top 3 new customer Cheltenham free bets available at present:

  • Betfred – Bet £10 Get £60 in Bonuses
  • 888Sport – Bet £10 £40 in Free Bets + £10 Casino Bonus
  • SpreadEx – Bet £10 Get £35 in Free Bets

Money Back Specials

Ongoing horse racing promotions include money back specials. Refunds are paid out when certain predetermined situations occur, which are generally delivered in the form of free bets. When the Cheltenham Festival comes around, money back specials will likely surround your pick finishing second, falling or failing to finish. There is likely to be a maximum refund amount, so check out the T&Cs beforehand. Below are some of the money back specials awaiting punters looking to bet on the 2022 Cheltenham Festival:

  • QuinnBetMoney Back as a Free Bet if 2nd to SP Fav
  • Unibet – Money Back as a Free Bet if 2nd

Non Runner No Bet

When placing Cheltenham ante post bets in particular, it is nice to know that you will receive a refund if you pick ultimately doesn’t feature in the specific race. Ante post odds on the Cheltenham Festival are introduced months in advance. However, many of the horses listed will not take to the starting gates. This can be because of injury or if trainers decide to place them elsewhere. The popular Cheltenham non runner no bet offers look after punters in such situations. Here, a free bet will be delivered, up to a select figure.

  • Bet365 – Cheltenham 2022 Non Runner No Bet
  • Betfred – NRNB for Cheltenham Festival 2022

How to Claim Your Cheltenham Free Bet Offer

Before getting started, it is important to understand how Cheltenham free bets work. There are a number of steps that must be undertaken in order to claim a free bet. Using Betfred as an example, who offer our top ranked Cheltenham free bet, the following is a step by step guide for new customers:

Step 1: Select Your Free Bet Cheltenham

While we are using Betfred as an example, it may be that other Cheltenham free bets suit your needs better. For example, the Bet365 Cheltenham free bet offer or Ladbrokes Cheltenham free bet are other popular promotions. So, weigh up the free bet amount, as well as the terms and conditions.


Step 2: Sign Up

Having selected your chosen free bet, enter the sportsbook site of the bookmaker in question. Click on the “Register” button, located in the top-right hand corner of the page. Complete the registration form, creating a username and password in the process. Confirm your new account, before verifying it via email. 

Betfred sign up

Step 3: Deposit Funds

Using an eligible payment method, deposit funds to your account for the first time. Deposits must be worth at least £10. Meanwhile, e-wallet and prepaid voucher payment methods will not qualify at Betfred. Deposits are processed instantly. 

Claim cheltenham Welcome Bonus

Step 4: Place a Qualifying Bet

Place a sports bet worth at least £10. This can be on any sport, whether it be on the Cheltenham Festival horse racing, football or something else. Odds of EVS or greater must be met. Qualifying bets must also be placed within 7 days of signing up. 

Betfred cheltenham free bet

Step 5: Claim Your Free Bet

Upon your qualifying bet settling, your free bet will automatically appear in your account. When using your free bet, select the relevant option on your bet slip. As usual, track the progress of your bets. 

Cheltenham Free Bet Key Terms

Before signing up with your chosen bookie and looking into claiming a Cheltenham free bet, punters must consider the terms and conditions surrounding such offers. Of course, T&Cs will differ between each betting site and promotion. However, the following are the most common:

  • Minimum Deposit/Bet – When qualifying for a Cheltenham free bet, it is almost certain that some financial investment will be needed. Some free bets follow a deposit on its own. Others will require a bet to be placed. Either way, punters must ensure that they meet the minimum amount set by the bookie in question. This is likely to be anywhere between £5-£20. 
  • Minimum Odds – When placing qualifying bets, as well as spending a free bet, minimum odds will potentially be in place. This stops punters simply betting on the overwhelming favourites. Minimum odds sit anywhere from ⅕ to 2/1, depending on the circumstances.
  • Eligible Races – Cheltenham free bets can generally be used on any of the 28 races that take place over the four days. However, it could be that select races and markets are eligible. 
  • Minimum Runners – Some horse racing betting promotions are only eligible to those betting on races with at least a set number of participants. For example, 6 or more runners. Most Cheltenham races should meet the T&Cs set here.
  • Wagering Requirements – Winnings made from free bets may have to be rolled over before withdrawals can be made. 10x wagering requirements means that funds must be bet 10 times or more before they are unlocked. Most bookies are not so strict in this area, especially when compared to online casino bonuses.
  • Expiry Date – After registering with a bookie, new customers will have a set number of days to claim their free bet welcome offer. Meanwhile, having qualified for a free bet, punters must also keep its expiry date in mind. Most free bets are available for either 3 or 7 days.
  • Bet Type – Whether you are placing a win, each way, multiple, tote or ante post bet on the Cheltenham Festival, ensure that you are eligible for a free bet beforehand.

Cheltenham Free Bets for Existing Customers

While free bets are most commonly available to those signing up with online bookies for the first time, they are also offered to existing customers. Several ongoing promotions specific to the Cheltenham Festival will be introduced online in the build-up to the event. Clicking on the “Promotions” page at your chosen betting site will bring up all available offers at that time. Examples include Coral’s Best Odds Guaranteed offer, which is available on all UK & Irish horse racing, and William Hill’s extra places offer. 

While not being free bets specifically, such promotions will certainly be of benefit when it comes to betting on the Cheltenham Festival. Existing customer Cheltenham offers still come with terms and conditions though. These include minimum runners, minimum odds, maximum stake, bet types and maximum winnings. 

Free Cheltenham Bets No Deposit

For betting customers, a no deposit bonus is something of the “holy grail”. As the name suggests, free bets here are delivered without any financial investment being required. While the free bet amount is relatively small in most cases, the fact that simply signing up is all that is required to qualify makes such offers well worth taking advantage of. 

Unfortunately, only a small number of UK bookies still offer no deposit free bets. This type of bonus is more commonly associated with online casinos today. Unsurprisingly, bookies are unwilling to put themselves on the backfoot immediately with new customers. Below are the no deposit free bets available to Cheltenham Festival punters at this time:

Sky Bet – Free £10 Bet No Deposit

UK’s Best Cheltenham Free Bet Offers in Detail

You will have already recognised the variety of Cheltenham free bets that are available today. Each is slightly different, even though they may appear the same on the surface. We will now take a closer look at some of the top Cheltenham Festival free bet offers, including their key terms and conditions:

Paddy Power Cheltenham Free Bet Offer

paddy powerPaddy Power holds an excellent reputation when it comes to promotions. As such, the Paddy Power Cheltenham free bet is always worth considering. The new customer offer at Paddy Power is currently a £10 risk free bet. As such, if your opening bet loses, it will be refunded, up to a maximum of £10. Only debit card payments are eligible, with the promo code “YSKAMR” having to be entered at the time of signing up too.

Bet365 Free Bet Offer Cheltenham

Bet365 logoThe Bet365 free bet offer Cheltenham makes it possible for punters to claim £50 in free bets upon signing up with the bookie. Their “Bet £10 Get £50 in Free Bets” welcome offer is one of the most generous available at this time. Free bets are available to use on Cheltenham markets, as long as they are at odds of ⅕ or greater. Free bets are available for 90 days, with no wagering requirements being required.

Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. #Advertising disclosure.

William Hill Free Bet Cheltenham Offer

William HillAs one of the best-known bookmakers in the world, it should come as no surprise that William Hill offers a generous Cheltenham free bet. The William Hill Cheltenham free bet is worth up to £30. A £10+ qualifying bet is required, at odds of ½ or greater. The William Hill free bet Cheltenham is paid out in the form of 2x £15 tokens, which will expire after 30 days. The promo code “H30” is required at the time of registering a new account with William Hill.

Ladbrokes Cheltenham Free Bet Offer

logo ladbrokesAnother leading online bookmaker for Cheltenham betting is Ladbrokes. A host of promotions are available to punters, including the ladbrokes cheltenham free bet welcome offer. The offer will appeal to beginners in particular, with a qualifying bet of just £5 being required. £20 in free bets are up for grabs, paid out in 4x £5 tokens. Terms and conditions include minimum odds of ½ for qualifying bets and 7 day expiry for free bets. As with most Cheltenham free bets, only winnings made will be available to withdraw. 

Sky Bet Free Cheltenham Bet

logo skybetFree Cheltenham bets no deposit offers are hard to come by. SkyBet is one of the few UK bookies to deliver such a promotion today. Available to new customers, a £10 no deposit free bet is offered to punters who simply sign up. As an alternative to the bookie’s no deposit bonus, a “Bet £5 Get £20 in Free Bets” offer is also available. Unlike most Cheltenham free bets, there is no expiry date at SkyBet. 

How to Make the Most of Cheltenham Free Bets

Unfortunately, there are no guarantees that claiming Cheltenham free bets will result in winnings. Although, punters can give themselves the best possible chance of profiting from such offers by following these tips:

    1. Play the Field – There is nothing stopping punters signing up with a host of online bookies. Doing so will put you in a position to take advantage of more than one Cheltenham free bet. Of course, not all Cheltenham free bets will be worth utilising. However, there are plenty that offer punters a good chance of profiting from them. 
    2. Read the Small Print – As we have already discussed, Cheltenham free bets all come with terms and conditions. It is crucial to read the small print before signing up and depositing. T&Cs will generally determine just how appealing free bets are. Consider the minimum deposit/bet amount, as well as minimum odds, expiry date and wagering requirements. 
    3. Matched Betting – Matched betting is a strategy used by many punters in order to guarantee a profit when free bets are on offer. Here, bets cover all possible outcomes surrounding a specific event. However, matched betting does require punters to be registered with a betting exchange too. 
    4. Stick to a Strategy – Some see free bets as an opportunity to wager on markets that they would normally avoid. However, be sure to stick to your betting strategy, study past horse racing results and form, and wager wisely. Whether it be placing single each way bets on the Cheltenham Gold Cup or multiples on Cheltenham races, remain focused on what you know.
    5. It’s About Enjoyment – Be sure to remember that betting on the Cheltenham Festival is about enjoyment, first and foremost. Don’t spend all of your time trying to profit from a free bet. Instead, take regular breaks and never chase losses. 

Bottom Line on 2022 Cheltenham Free Bets

The Cheltenham Festival is arguably the biggest sporting event of the year for both bookmakers and punters. In order to try and get an edge over their competitors, Cheltenham free bets are offered by many bookies, both before and during the event. Of course, some free bet Cheltenham offers are better than others. On this page, we have recommended only the very best. As always, free bets come from licensed bookmakers. So, check out our top ranked Cheltenham free bet offers for yourself. Such offers could provide the perfect platform to bet on your fancied runners and riders. 

Place Your Bets on the Cheltenham Festival with Betfred

#1 UK Site for Cheltenham Betting Offers
752 Codes claimed

Bet £10 Get £60 in Bonuses

  • Ante post extra place Cheltenham races
  • Non Runner No Bet on all Festival races
  • Full Cheltenham ante post betting
Best Cheltenham Free Bets [cur_year]
Visit Betfred
New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply. Terms & Conditions Apply

Cheltenham Free Bet Offers FAQs

Are free bets for Cheltenham available with all bookies?

What are the key T&Cs surrounding Cheltenham Festival free bets?

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When does the 2022 Cheltenham Festival take place?

James is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.