The best Cheltenham betting offers and free bets 2021

Keeping up with the latest Cheltenham Festival offers and free bets is a vital part of the battle with the bookies. Read all about them here

Take a look at some of the best Cheltenham new customer offers and promotions in Telegraph Betting’s regularly updated list.

Cheltenham offers and free bets

Check out some of the best free bets for the Cheltenham Festival below.

  • Trusted brand
  • UK favourite
  • Great welcome offer

Open account offer. Up to £100 in bet credits

Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

  • Well known brand
  • Offers for existing customers
  • Market leading

£40 Money Back as Bonus on your First Bet + £10 Casino Bonus

18+ New customers only. Min. deposit £10. Money back as bonus. Wagering requirements: Sports 3x at min. odds of 2/5, Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus expires after 7 days of opt-in. Further T&Cs Apply.

  • Brand with heritage
  • Daily horse racing offers
  • Competitive welcome offer

Bet £10 Get £30 in free bets + 30 Free Spins

New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.

  • New and improved website
  • Trusted brand
  • New customer offer

£10 risk free-free first bet when you join your new Tote

UK customers only. 18+. Place your first bet on Pools and if it loses we’ll refund your stake in cash. Max refund is £10. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. E-wallet deposit restrictions apply. (Full T&C’s apply).

  • Established brand
  • Competitive odds
  • Great free bet

Bet £5 get £30

New Customers only. Deposit and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days, plus a £10 Casino Bonus, expires in 7 days. Wager the Casino Bonus 35x to withdraw winnings. Credit/Debit card deposits only. Geographical Restrictions and T&Cs Apply. Please Gamble Responsibly

  • Established brand
  • Offers for existing customers
  • Excellent welcome offer

Bet £10 get £40 in free bets (mobile only)

New customers who register via Mobile only, min £10 / €10 stake, win only, min odds 1/2, free bets paid as 4 x £10 / €10 (30 day expiry), free bet/payment method/player/country restrictions apply.

  • A favourite among UK players
  • Fantastic money back specials
  • Plenty of enhancements

£20 Risk Free First Bet Money Back in Cash

New customers only. Max stake €/£1. Winnings paid in cash at normal odds, topped up to enhanced price in free bets valid for 7 days. Deposits with cards/PayPal only. Excludes multiples & in-play bets. T&Cs apply.

  • Competitive odds
  • Best betting exchange
  • Large welcome offer

Free £20 Exchange Bet

New customers only, bet up to £20 on the Exchange and if your first bet loses, we’ll refund you £20 in Cash. Bet must be placed in first 7 days of account opening. E-wallet exclusions apply. T&Cs apply.

  • Great odds
  • Loads of markets
  • Existing customer offers

Bet £10 get £30 in Free Bets + £10 Free Bet on Horse Racing

New customers only – £10 deposit using promo code “RACING” – First bet must be placed on any market – Minimum stake £10 at odds of 1/2 (1.5) – Free bets credited upon qualifying bet settlement and expire after 7 days – Free bet stakes not included in returns – Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & Full T&C’s apply

  • Trusted brand
  • Excellent odds
  • Unique welcome offer

Double the Odds

New members only. 18+. Existing members do not qualify. Offer applies to sports bets only. A bet must be placed using real money in combination with the Odds Boost Token. Max. stake is £10. T&Cs Apply.

  • In-play offer
  • Plenty of sports markets
  • Live streaming

100% profit boost when you place your first in-play bet

Opt in. Min. Odds Evs, Max. £10 stake, Max. additional profit £100. Skrill and Neteller deposits are not eligible - See full terms

The Cheltenham Festival 2021 is the biggest, most competitive and most prestigious National Hunt meeting of the year. And it’s just as competitive for the bookmakers aiming to outdo each other with the best Cheltenham Festival offers and free bets as they seek to recruit new customers.

How to use your Cheltenham free bet

Once you have taken advantage of a Cheltenham Festival sign-up offer and obtained a free bet, you will need to identify which horse to place your money on. 

Will you use your free bet to increase your stake on your biggest Festival fancy? Or maybe use it as a free hit on the long shot that might just surprise everyone?

Read our expert tipsters’ best bets for the Festival’s four feature races: 

Types of Cheltenham offers and free bets

Free bets

The most common Cheltenham Festival new customer offer is the free bet. While widely referred to as ‘free’, these bets usually require new customers to make a qualifying deposit before they are awarded.

However, once this has been done (following any terms and conditions around the offer), bettors are left with a bet stake which they wouldn’t otherwise have had. 

Knowing which bookmakers you can sign up with to earn Cheltenham free bets should be part of every Festival betting strategy. 

Why? Taking advantage of several new customer offers means you can limit the amount of your own money you stake, while still having the chance to bet on all your Cheltenham fancies.

Huge odds on hot favourites

Rather than giving you a free bet, bookmakers will sometimes offer unusually attractive odds on Cheltenham Festival favourites regarded as borderline unbeatable. 

However, the maximum stake you can place at the inflated odds is usually limited.

Risk-free bets

Some bookmakers will offer risk-free bets in their Cheltenham offers rather than free bets. Risk-free bets tend to require you to place a bet, then, if you don’t manage to win it, your stake will be refunded up to a maximum amount (either as cash or as a free bet).

These are three of the most common genres of Cheltenham Festival offers for new customers. Bookmakers are always coming up with new ones as they duke it out for new sign-ups in the busiest betting week of the entire year.

Ambassador-related offers and promotions 

The biggest bookmakers all have brand ambassadors from within the racing world and they can team up with these trainers and jockeys to provide some really insightful content.

Nicky Henderson’s Unibet blog often shakes up the news cycle, while Betfair gives readers access to the thoughts of Paul Nicholls, Gordon Elliott and the up-and-coming Olly Murphy. 

As well as insight on the Cheltenham Festival from some of the biggest names in the sport, bookmakers can serve up Cheltenham free bets and offers relating to their ambassadors’  runners and riders at the meetings.

BetVictor have already announced a superb Cheltenham betting offer related to the Festival exploits of one of their ambassadors, jockey of the moment Rachael Blackmore. Find out just what it entails by clicking their link in the section below.

Bookmakers’ Cheltenham Festival free bets

Find out more about the Cheltenham Festival offers for new and existing customers that are available at each of the following bookmakers. More Cheltenham betting sites will be added here as we get nearer to the Festival. 

Cheltenham Festival offers for existing customers

Sometimes it can seem like all the free bets and promotions are reserved for new customers when it comes to Cheltenham Festival offers. 

However, existing account holders are treated to plenty of special concessions across the four days of the Festival too. They often take one of the following forms:

Extra each-way places

At recent Festivals each-way bettors have been treated to as many as seven places. Standard place terms for each-way betting max out at four places and these are only available on handicap races of 16 or more runners.

Money-back specials

Often available to existing customers on the first race of each day at the Festival, these promotions generally offer money back as a cash or a free bet for if a specified eventuality comes to pass. 

This could be money back if your horse is second to the SP (starting price) favourite, if your horse falls, or even if your horse finishes second, third, or fourth.

Considering which horses the bookmakers appear to be “taking on” with these offers adds to the intrigue of the Festival. Is their scepticism warranted? Or will the favourite oblige?

Check out all of today's horse racing tips here.

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