Close this search box.

Betfred Cheltenham Festival Offers and Promotions 2023

Check out all the latest Betfred Cheltenham Offers for new and existing customers

Betfred Cheltenham Offers 2023 for New and Existing Customers

This article will provide information on the best Betfred Cheltenham offers for new and existing customers.

Betfred are one of the top bookmakers out there, providing plenty of promotions and free bet offers during Cheltenham festival, which takes place from March 14 to March 17. The best thing about Betfred Cheltenham offers is that it covers a range of different bonuses to new and existing customers.

We will show you how to get access to all the best Betfred Cheltenham offers and free bets, what the best markets to bet on are and why you should bet with Betfred.

Betfred Cheltenham Betting Offers

Often known as ‘Bonus Kings’, Betfred are offering £40 in bonuses for Cheltenham if you bet £10, with £30 awarded in free bets and £10 in free spins within 10 hours of bet settlement.

There are plenty of other Betfred Cheltenham betting offers available too, with experts on hand to provide the latest festival news, tips, blogs and videos during the busiest week of UK racing, which sees 28 races take place over four days,

If you are a new customer, you can take advantage of the amazing Betfred Cheltenham free bets offer thanks to 101 Great Goals, if you follow the simple steps below, or for existing customers, find the best promotions and offers further down this page.

How to claim your Betfred Cheltenham offer

  1. Select Claim Offer on the yellow button below
  2. Create new account
  3. Enter your details, you will need
    1. Full name
    2. Date of birth
    3. Postal address
    4. Email address and password
  4. Deposit your money (a £10 deposit is advised to get the best out of this deal)
  5. Find your race and desired bet
  6. Enter your stake and place the bet (max £10)

You can read the terms and conditions for this Betfred Cheltenham free bet offer – and all other Betfred sign-up offers – on our Betfred review page.

Read Review

  • Special bets and promotions as their popular double delight offers
  • Strong emphasis on UK and Irish markets
  • Daily Odds Boosts and special prices

Betfred Existing Customer Offers

With around £500 million placed in bets during the 2022 festival – three-and-a-half million of those were on the Gold Cup alone – Cheltenham is one of the most popular sports betting events in the world, and Betfred will provide some of the best offers, boosts, tips and specials throughout the week.

While the Betfred sign-up offer is an amazing one to take advantage of, that is not where it ends, with plenty of Betfred Cheltenham offers for existing customers to improve your odds and give you the best experience throughout the week.

Have a look at some of the Cheltenham promotions on Betfred.

Betfred Cheltenham Non-Runner No Bet

It is not uncommon to see your selection back out of a race at short notice, thus throwing your plans into chaos and potentially a large stake going to waste.

Thankfully, with Betfred’s Cheltenham offers, the Non-Runner No Bet on all Cheltenham races means your stake will be refunded if your selection doesn’t run.

That means you can back your selection in full knowledge that if there is a last-minute change of plans, you will be given a full refund immediately and you will be able to put it into another of Betfred’s offers for Cheltenham!

Betfred Cheltenham Extra Places

On select races, Betfred will pay out on extra places in a race – paid out at 1/5 odds on your single or multiple bets – with the following limitations:

  • Dead heat rules apply.
  • Extra Place – 3 Places: If there are fewer than 6 runners standard place terms will apply.
  • Extra Place – 4 Places: If there are fewer than 12 runners standard place terms will apply.
  • Extra Place – 5 Places: If there are fewer than 16 runners we will pay 4 Places (1/5 odds).
  • Extra Place – 6 Places: If there are fewer than 20 runners we will pay 5 Places (1/5 odds).
  • Extra Place – 7 Places: If there are fewer than 26 runners we will pay 6 Places (1/5 odds).

Betfred Cheltenham specials

No matter which race you choose to bet on at the upcoming Cheltenham Festival, it’s important to secure the best possible deal to maximize your profits. This means looking for a bookmaker that offers an attractive welcome bonus, including a free bet or price boost, competitive odds on all bets, innovative features like cash out, and exceptional customer service. These details can greatly enhance your overall experience at the festival and increase your chances of coming out ahead.

The standout offering for new customers signing up with Betfred is their exciting welcome bonus. This deal is regularly updated and tailored to suit the sports schedule, ensuring it stays ahead of the competition and remains relevant to new customers.

By simply registering and depositing £10 or more before placing a qualifying sportsbook bet on horse racing, football, or any other sport, you’ll receive £30 worth of free bet tokens that can be used to gamble on the Cheltenham Festival, as well as the £10 that can be used on free spins.

Of course it is not just the specials market that you need to consider with Betfred, as they pride themselves on having a wide race of markets to bet on.


Everyone likes an acca, which is one of the most popular types of bet during Cheltenham festival. An acca has four or more selects, but they must all win in order to be paid out. Pick a succession of winners throughout the day, lengthen your odds and track your fortunes.

Cover Bets

A cover bet ensures that you make some of your money back even if it isn’t a winner. Generally, it will mean you get a reduced price on the overall bet, but will make your money back if it finishes in one of the specified places (top four, for example).


Simply pick a horse to win, and you will get the full payout depending on the odds.

FAQ for Betfred Cheltenham offers & free bets

Yes, Betfred’s welcome offer gives you up to £40 in bonuses, making it one of the best on the market. Not only that, but it has one of the widest ranges of specials out there, and has a number of promotions always on which make it hard to beat.

To claim the Betfred Cheltenham Welcome Offer, you can visit our Betfred review page and follow the instructions to sign up, create an account, bet and then claim your free bet.

To place a bet with Betfred during Cheltenham, you first of all need to make sure that you have an account. Once you have done this, simply navigate the website to find the Cheltenham section, find your desired race and selection, enter your stake and click to bet – and don’t forget to take advantage of the amazing promotions on offer!

The current bonus code to use for Betfred’s Cheltenham offers is WELCOME40.

More Cheltenham Operator Offers

bet365 Cheltenham Offers

Paddy Power Cheltenham Offers

888sport Cheltenham Offers

William Hill Cheltenham Offers


Picture of Will Jackson

Will Jackson

Content Manager Sports journalist, formerly of PA Media, latterly a PR manager before moving into the content world with the group. Long-suffering Leeds United and Yorkshire fan.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Content

Load More