Betfred Cheltenham Offer & Free Bets for 2026 Festival

Updated: March 13, 2026 at 10:44 am GMT+0
Betfred
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Betfred Bet £10, Get £40 in Free Bets
New customers only. 00:00 06/03/26 – 23:59 13/03/26. Register with FRED40, deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get £20 in Sports Free Bets & £20 in Acca Free Bets within 24 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

There's plenty of options on the market for Cheltenham free bets, but there's no doubt Betfred offer one of the strongest. A huge horse racing platform, with great existing customer offers and a big Betfred Cheltenham offer for new players, the perfect way to get started.

After claiming the Betfred Cheltenham offer, you can look forward to extra place races, bonus returns for multiples and best odds guaranteed as just some of the further offers that will help you enhance your betting at the festival.

Betfred Cheltenham Free Bets & Offers

If you want to take advantage of Betfred Cheltenham free bets, then the good news is they have one of the best offers out there for a new player.

If you want to join Betfred, here are the details of the offer you want to take advantage of:

How to Claim Your Betfred Cheltenham Offer

  • Register and deposit as a new player
  • Place a bet of £10+ on Sports
  • Bet £10 on any sports selection with minimum odds of 2.0 or greater
  • You will receive 2 x £10 in sports free bets for sports and 2 x £10 in free acca bets
Betfred logo
Betfred
Bet £10, Get £40 in Free Bets
New customers only. 00:00 06/03/26 – 23:59 13/03/26. Register with FRED40, deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get £20 in Sports Free Bets & £20 in Acca Free Bets within 24 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

Why Use Betfred at Cheltenham?

The start is all about claiming the Betfred Cheltenham free bets on offer, but after that, there's plenty more to go at, making Betfred a great partner for those who are betting at the Cheltenham Festival.

This all adds together to give real value to punters and for more on why you should use Betfred at Cheltenham, see below:

✅Get £40 in free bets for £20 general and £20 as acca free bets

✅Get best odds guaranteed to be paid at the biggest price

✅Daily extra place races for each way punters

✅Bonus payouts on many different multiple bets

✅Daily jockey and trainer specials for big meetings

Betfred Existing Customer Cheltenham Offers

It’s not just new customers that Betfred look after, they also have coverage for their existing customers at the festival too.

Extra Places at Cheltenham

Betfred will be offering their extra places deal to punters throughout the Cheltenham Festival, adding an extra layer of value to each way betting across the meeting.

Selected races will see additional places paid on each way bets, and on certain occasions, Betfred's super extra places offer comes into play, pushing the number of paid places even further on standout races across the card.

This applies to selected races each day, with the focus typically falling on the big handicaps, and that's a natural fit. These are precisely the types of races where punters are most likely to take an each way interest rather than betting win only, so the added place coverage can make a meaningful difference to your returns.

Best Odds Guaranteed

A tried and trusted horse racing staple, and one that Betfred makes available on your Cheltenham bets throughout the Festival. The BOG window opens at 8am on the day of each race and runs all the way through to the off, giving you a generous timeframe to get your bets on at early prices.

Take the odds available when placing your morning bets, and should the Starting Price come in bigger than what you took, Betfred will automatically pay you out at those larger odds instead.

It's a straight forward but highly effective way to lock in value from the outset, removing any questions around market movements and giving you the reassurance that if the odds drift in your favour, your pay out will reflect that.

Bonuses on Multiple Bets

This is split into two, great if you bet on racing with multiples, which many people do, especially at a meeting like Cheltenham.

Firstly, bonuses when you have one winner. This is given depending on your bet type, 3x for a Lucky 15, 4x for a Lucky 31 and 5x for a Lucky 63. You must only have one winner to get this, and all selections must run.

Secondly, bonuses when you land all winners in your bet. This is 10% for a Lucky 15/Yankee, 20% for a Lucky 31/Canadian and 25% for a Lucky 63/Heinz.

Money Back if 2nd at Cheltenham

Another offer from Betfred is their money back offer. The standard version of this offers you money back in selected races if you finish second place.

It's not offered as much as this used to be, but we're hopeful of seeing it at the Cheltenham Festival for some races during the week.

Betfred Cheltenham Offer FAQs

Does Betfred have a Cheltenham Festival offer?
Yes, Betfred has offers available for both new and existing customers at the Cheltenham Festival. New customers can claim a welcome offer of Bet £10, Get £40 in Free Bets, while existing customers can take advantage of promotions including Extra Places on each way bets and Money Back if your selection finishes second in selected races.
How do I claim the Betfred Cheltenham welcome offer?
To claim the Betfred Cheltenham welcome offer, register as a new customer, deposit using a debit card, and place a qualifying bet of £10 or more on any sports selection with minimum odds of 2.0 (Evens) or greater within 7 days of registering. Once your bet settles, you'll receive 2 x £10 Sports Free Bets and 2 x £10 Acca Free Bets within 10 hours.
Can I use the Betfred welcome offer on horse racing at Cheltenham?
Yes, the qualifying bet can be placed on any sports market, including horse racing. This means you can place your qualifying £10 bet on a Cheltenham race to trigger the free bets.
Does Betfred offer extra places at Cheltenham?
es, Betfred runs an extra places promotion during the Cheltenham Festival. Selected races will have extra places paid on each way bets, and on some occasions Betfred's super extra places offer comes into play, paying out on even more places in selected races. Check the Betfred promotions page during the festival for which races qualify.
Craig Jones
Craig Jones

Craig Jones has been working in the sports betting and gambling industry for more than 20 years. With a wealth of in-depth knowledge, Craig has written for Free Bets for almost a decade, providing our readers with expert opinions and transparent reviews.

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