Cheltenham Betting Offers & Free Bets - Cheltenham 2025

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The best Cheltenham betting offers and free bets to use across the 2025 Cheltenham Festival, which takes place on March 11th - 14th, 2025.

Bookmakers raise the bar when Cheltenham comes around, so expect a lot of welcome bonuses, free bets for existing players, boosts, money back offers and more.

bet365 Cheltenham Betting Offers

Long-known for excellent odds, extra places and just genuinely good value for players, bet365 are one of the market leaders.

Paddy Power Cheltenham Betting Offers

With eye-catching offers and advertisements, Paddy Power will be going big this Cheltenham, giving great value to punters.

William Hill Cheltenham Betting Offers

Known for offering punters the chance to boost their own prices, and with an excellent welcome offer, William Hill are an excellent choice for Cheltenham.

Betfair Cheltenham Betting Offers

With plenty of extra places in place, and some consolation offers, Betfair have a complete package for Cheltenham punters

BetVictor Cheltenham Betting Offers

Known for enhanced odds offer, BetVictor are a brand who will no doubt catch the eye with their Cheltenham 2024 offers.

Betfred Cheltenham Betting Offers

A long-standing place to bet on racing, with price boosts and plenty of consolation offers here, Betfred continue to offer a strong service.

BetMGM Cheltenham Betting Offers

Since joining the UK market, BetMGM have made waves in British racing, look out for a big welcome offer and some great existing player deals through the week.

Latest Cheltenham 2025 Offers

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Betgoodwin
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BetVictor
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Parimatch UK
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New Customer offer. Place a min £10 bet on Football on odds of min 1.5 (1/2), get £50 in Free Bet Builders after the qualifying bet has been settled. Rewards valid for 90 days. Only deposits via cards & Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly.
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Cheltenham Festival 2025 Hub

Cheltenham Latest Update - Day Four

Last Updated - Friday, March 15

After another thrilling day of action, which included Teahupoo landing the Stayers’ Hurdle and Protektorat taking victory in the Ryanair Chase, we head into the fourth and final day of the 2024 Cheltenham Festival.

The Triumph Hurdle kicks things off at 1:30pm with the County Hurdle and Albert Barlett Novices’ Hurdle following before the big one - the Cheltenham Gold Cup at 3:30pm.

The Festival Hunters’ Chase follows that before the Mares’ Chase and the Festival finale - the Martin Pipe Conditional Jockeys’ Handicap Hurdle at 5:30pm.


When & Where is the Cheltenham Festival?

The 2025 Cheltenham Festival takes place over four days - between Tuesday, March 11th, and Friday, March 14, attracting the top jump horses from the UK and Ireland.

Taking place at Prestbury Park in Cheltenham, Gloucester, it is the highlight of the National Hunt season and is widely regarded as one of the best horse racing festivals anywhere in the world.

The Festival is centred around four main Championship races.

  • The opening day is Champion Hurdle Day, the second biggest race of the Festival.
  • On Ladies Day, the second day, we have the Champion Chase.
  • Then, the Stayers’ Hurdle takes place on Thursday, also known as St Patrick’s Day.
  • Finally, the Festival’s last day features the biggest event - the Cheltenham Gold Cup.

Best Cheltenham Offers for Existing Customers

The Cheltenham Festival is the perfect time to open a new betting account. With so many fantastic promotions and free bets, it’s also a great opportunity for existing customers to take advantage of a few free bets.

Online bookmakers are falling over themselves to get your business and, in doing so, give away all sorts of amazing offers over the four-day Festival – such as ‘Money Back if Your Horse Loses’. Combined, they make it hard to lose money.

In fact, if you’re shrewd, you can even guarantee yourself a profit.


Best Cheltenham Bookmaker

While it’s always a good idea to have multiple betting accounts giving you access to more Cheltenham free bets and offers, perhaps the best all-round Cheltenham bookmaker is bet365.

Not only were they one of the first bookie to offer ‘NRNB’ terms (Non-Runner No Bet), but they also offer ‘Best Odds Guaranteed’ on all Cheltenham Festival races, and you can also live stream all Cheltenham races via their website.


Types of Cheltenham Betting Offers

A wide range of Cheltenham sign-up offers are available both in the run-up and during the Cheltenham Festival. The good old free bet is the mainstay, but there are also enhanced odds offers, money-back specials and ‘Non-Runner No Bet’ (NRNB) markets for ante post betting.

Among the most popular Cheltenham betting offers delivered by bookies are:

Cheltenham Antepost Offers

Antepost offers punters the opportunity to lock in good value bets early. Antepost is essentially placing a bet on a future Cheltenham race, and you’ll find the likes of Paddy Power, Ladbrokes, and William Hill have many early ante post offers available for most Cheltenham Festival races.

Non-Runner No Bet (‘NRNB’)

This market is perfect for those getting their Cheltenham bets in early. Essentially, the offer means you’ll receive your stake back should the horse you back not run in the race.

You’ll find it on most bookmaker’s sites in the build-up to Cheltenham, non-runner no bet is certainly an offer to look out for.

Cheltenham Money Back Offers

Money-back specials are great offers and worth watching for if there’s a big favourite in the race. What they do is offer you your stake back (usually as a free bet) if your bet loses and a certain outcome does occur.

In horse racing, this is usually if the favourite wins and your horse is 2nd or sometimes if your horse loses by a narrow margin. So, for example, Coral may offer money-back on any losing bet if your horse loses by a head or less.

Enhanced Odds Offers

Enhanced odds are a type of odds that boost your profits and are always offered by the big names come Cheltenham time.

This will usually be on the favoured horses in order to win your custom. So you might find that a bookie will boost a horse priced 4/5 to 5/1 to lure punters in, but the maximum stake allowed will be quite low. Find out more on enhanced odds offers.

Cheltenham Free Bets Offers

The most common type of Cheltenham betting offer is a good old free bet. Usually offered to new customers, you’ll receive free stake money added to your bankroll, which can then be played on Cheltenham markets.

You’ll find dozens of these, from no-deposit free bets to 100% match bonuses on your first deposit.

Also, check back with us as the new year hits to get all the best Cheltenham free bet offers.

Tote Betting on Cheltenham

Tote betting is a type of bet in which punters select a series of winners across the day and put their stakes into a prize pool.

The prize pool is then split between the punters who correctly predicted the most winners.


Cheltenham 2025 Betting Specials

The offers don’t stop there either, with plenty of other specials offered in the build-up to the Festival.

Among the other betting offers available include…

Acca Insurance

Accumulator insurance is the perfect offer for placing an accumulator at the Cheltenham Festival. It offers you a safety net and returns your stake as a free bet should just one horse on your accumulator let you down.

Faller Insurance

You never know what will happen in horse racing, which makes faller insurance a popular offer among many punters.

The offer returns your stake as a free bet should the horse you’ve had a bet on fall during the race. It can happen to even the favourite, so make sure your wager is protected.

Lucky 15/31/63

These are more types of strategy, with Lucky 15 (or 31/63) covering all angles of a bet. It’s a wager on four selections and is made up of four singles, six doubles, four trebles and a four-fold accumulator.

This is aimed at making a large profit if all four selections win and still profit if only one selection passes the post first.

Best Odds Guaranteed

Playing best odds guaranteed markets gives you the opportunity to lock in the best price on the horse you wish to back. You may back a horse at 4/1, but if the horse’s starting price is then 6/1 and it wins, you’ll be paid out at the 6/1 odds.

Best Cheltenham Trainer Odds

There’s also a betting market for ‘Best Cheltenham Trainer’, with many bookmakers offering odds on this market. Winning the best trainer award at the Cheltenham Festival is one of the most prestigious accomplishments a trainer can land in horse racing.


Cheltenham Betting Markets

As race week draws closer, you’ll find dozens of Cheltenham betting markets to enjoy, and even now, you’ll find plenty on offer.

The ‘To Win Any Race’ At Cheltenham betting market is often a good route to go down at this early stage as you won’t find out which races are running until later in the new year.

You will already find odds on almost every race at the Cheltenham Festival, from the Gold Cup to Stayers’ Hurdle odds and Supreme Novices’ Hurdle odds.

Naturally, it may become the case at this early stage that your horse might not end up running at all. Plenty of bookmakers will give you Non-Runner No Bet markets, which essentially means you won’t lose out.

This means it’s never too early to enjoy the Cheltenham betting markets and back your horse at large odds before they potentially shorten.

If you’re wondering how to bet on Cheltenham, then there are numerous betting markets to choose from:

Win or Each-Way

The simplest and most straightforward horse racing bets. Pick any horse to win the race or go “each-way”. Each-way betting is essentially two bets (win & place), and the number of places the bookies will pay out on varies depending on number of runners and type of race. Usually, it’s the first three horses home, but in big handicap races, this extends to the first four, and in some cases, the bookmakers will offer ‘enhanced place terms’ where you can get five or sometimes even six places or more. So watch out for these!

Forecast / Tricast Betting

This type of horse race bet asks you to make predictions of the 1-2 or 1-2-3 horses home. Predicting the first two horses is known as the Forecast, and predicting the first three is known as the Tricast. You can ‘perm’ several horses into combination bets to increase your chances of winning. For example, three horses in a combination Tricast is six bets in total, as there are six possible permutations. As you can imagine, a winning Tricast bet can pay very handsome returns.

Match Bet

This type of bet pits two specific horses in the same race against one other in what is known as a ‘Match Bet’, and you are betting on which horse will do best out of these two horses. For example, if your horse finishes 5th and the other horse finishes 8th, you win.

Placepot & Scoop6 Pool Betting

The Placepot bet asks you to predict a horse to finish placed in the first 6 races, and the Scoop6 is a jackpot-type bet that needs you to predict 6 winners. These bets are ‘Tote pool’ type bets where all the stakes go into a big pool and then are re-distributed to the winners as a dividend. The fewer winners, the bigger the payout will be. These are difficult bets to win, but the rewards can be rewarding! If the Scoop6 is not won, it is rolled over to the next day for an even bigger jackpot.

Top Festival Trainer Betting

A special bet on which trainer will end the Cheltenham Festival with the most winners. These novelty bets give you a betting interest over the entire Festival as you can cheer on every horse of your chosen trainer. Irish trainers have dominated recently, with Willie Mullins landing the accolade for the last five consecutive years.

Top Festival Jockey Betting

As above, but this time, we are betting on which jockey will win the most races during the four-day Cheltenham Festival. It’s another market that has been dominated by the Irish in recent years, with Paul Townend riding the most winners in four of the last five years and Rachael Blackmore taking the glory in 2021.

GB vs Ireland - Prestbury Cup

The Prestbury Cup, named after Prestbury Park on which the famous Cheltenham racecourse sits, is given to the winning most nation over the four-day Cheltenham Festival. This competition is a straight match between Great Britain and Ireland.

Horses to ‘Win ANY Race’ at the Festival

Often, trainers do not know which Cheltenham races to target their horses at until nearer the time and so will enter them into multiple Cheltenham Festival races. This can be a bit of a headache for antepost betting. However, some bookmakers will offer special odds on horses to win any race at the Festival, thereby taking the guesswork out of which race a horse will ultimately run in.


Cheltenham 2025 Race Schedule & Racecards

Our Cheltenham Festival page will keep you updated with all the latest news, top tips and value odds for the big week, so bookmark this page and check back regularly.

Below is the full race schedule, including links to dedicated race pages (odds & racecards) and updated results. You can also stay up to date with our Cheltenham Racecards page.

Cheltenham Festival - Day One

TimeCheltenham Day 1 Races
1:30pmSupreme Novices’ Hurdle
2:10pmArkle Challenge Trophy
2:50pmUltima Handicap Chase
3:30pmChampion Hurdle
4:10pmMares’ Hurdle
4:50pmBoodles Juvenile Handicap Hurdle
5:30pmNational Hunt Chase

Cheltenham Festival - Day Two

TimeCheltenham Day 2 Races
1:30pmBaring Bingham Novices’ Hurdle
2:10pmBrown Advisory Novices’ Chase
2:50pmCoral Cup
3:30pmQueen Mother Champion Chase
4:10pmCross Country Chase
4:50pmGrand Annual Chase
5:30pmChampion Bumper

Cheltenham Festival - Day Three

TimeCheltenham Day 3 Races
1.30pmTurners Novices’ Chase
2:10pmPertemps Network Final
2:50pmRyanair Chase
3:30pmStayers’ Hurdle
4:10pmFestival Plate
4:50pmMares’ Novices’ Hurdle
5:30pmKim Muir Chase

Cheltenham Festival - Day Four

TimeCheltenham Day 4 Races
1:30pmTriumph Hurdle
2:10pmCounty Hurdle
2:50pmAlbert Bartlett Novices’ Hurdle
3:30pmCheltenham Gold Cup
4:10pmFestival Hunters’ Chase
4:50pmLiberthine Mares’ Chase
5:30pmMartin Pipe Conditional Jockeys’ Handicap Hurdle

Cheltenham Live Streaming

There are plenty of different ways you can watch Cheltenham live if you are in the UK, and you can do it completely legally, too.

ITV Racing will provide free coverage, showing five live races every day of the four-day Festival, while the subscription channel Racing TV will provide live coverage of all 28 races with expert analysis.

For live streaming, the best place to go is bet365, who will broadcast every race on their website and betting app, with in-play betting for punters to enjoy.


Previous Cheltenham Gold Cup Winners

  • 2024: Galopin Des Champs - Trainer: Willie Mullins, Jockey: Paul Townend
  • 2023: Galopin Des Champs - Trainer: Willie Mullins, Jockey: Paul Townend
  • 2022: A Plus Tard - Trainer: Henry de Bromhead, Jockey: Rachel Blackmore
  • 2021: Minella Indo – Trainer: Henry de Bromhead, Jockey: Jack Kennedy
  • 2020: Al Boum Photo – Trainer: Willie Mullins, Jockey: Paul Townend
  • 2019: Al Boum Photo – Trainer: Willie Mullins, Jockey: Paul Townend
  • 2018: Native River – Trainer: Colin Tizzard, Jockey: Richard Johnson
  • 2017: Sizing John – Trainer: Jessica Harrington, Jockey: Robbie Power
  • 2016: Don Cossack – Trainer: Gordon Elliott, Jockey: Bryan Cooper
  • 2015: Coneygree – Trainer: Mark Bradstock, Jockey: Nico De Boinville

Cheltenham Trials Day Betting

Before the Cheltenham Festival takes place in March, you’ll get the chance to see some of the key runners on Cheltenham Trials Day.

Not only is it the chance to take advantage of a few Cheltenham free bets early on - but it’s also a great opportunity to study the form ahead of race day in March.


How To Use Cheltenham Free Bets

Most bookmakers today have incredibly easy-to-navigate sites, and you’ll have no problem cashing in your Cheltenham Festival free bet.

How you use your free bet can vary from bookmaker to bookmaker, with some restrictions being in place regarding both spending it and withdrawing any winnings.

However, those with another bookmaker account or an account with a betting exchange are able to lock in a profit from free bets without any risk. You can calculate how much profit can be locked into your free bets with our Back/Lay Hedging Calculator.

Restrictions on free bets can vary between bookmakers, and it is in your best interests to know what to look for. It can save time and disappointment later down the line and will help you make the best of your Cheltenham free bets.

What to Know Before Using Your 2025Cheltenham Festival Free Bets

  • Free Bet Stakes Not Included in Returns: It’s not standard practice for bookmakers to include your Free Bet stake in any potential winning returns you claim. Typically, you will only receive the winnings from your Free Bet.
  • Is There a Minimum Bet at Cheltenham: The majority of Free Bet Deposit Bonuses come with a minimum odds qualifying requirement that usually varies between about 1/5 (1.20) and 6/4 (2.50).
  • Rollover Requirement: Bookmakers will often have a rollover requirement on your initial Free Bet Deposit Bonus that stipulates that your initial Free Bet bonus must be wagered a set number of times before you’re permitted to withdraw any potential Free Bet winnings.
  • Free Bet Expiry: Any Free Bet will almost always come with an expiry date. These cut-off dates vary but are usually within either seven or 30 days of them being first awarded.
  • Bet Type Restrictions: Free Bets can almost always be used as a single bet, and they are also usually fine to use in accumulators.
  • Betting Product Restrictions: A Free Bet is usually restricted to be used in the specific area it was allocated for, so, for example, a sportsbook Free Bet will only be acceptable for use in the bookmaker sportsbook and can’t be used in the casino or poker room.

2025 Cheltenham Festival Offers

If you are looking for more information on Cheltenham Day races, follow the links below.


FAQs

When is Cheltenham 2025?
The 2025 Cheltenham Festival takes place from Tuesday, March 11th, until Friday, March 14th.
What time is the Cheltenham Gold Cup?
The 2024 Cheltenham Gold Cup is due off at 3.05pm on Friday, March 15th.
How to bet on Cheltenham?
The most popular bets at Cheltenham are the straight win bet or each way bets. Each way bets consist of two bets, one to win and one to place. So a £5 each way bet will cost £10 in total, but you will get a return if your horse is placed. There are other more exotic bets such as doubles, trebles and Lucky 15’s. These combined multiple bets roll up with the winnings from one horse going onto the next, and can lead to some big payouts if successful!
Who won the Cheltenham Gold Cup?
The 2024 Cheltenham Gold Cup was won by the Willie Mullins-trained Galopin Des Champs, ridden by jockey Paul Townend.
Where is Cheltenham racecourse?
Cheltenham racecourse is on Evesham Road, Cheltenham, Gloucestershire, GL50 4SH, England.
Where to watch Cheltenham live?
The Cheltenham Festival is broadcast live on ITV and the Racing TV channel. You can also watch Cheltenham races live at most major UK bookmakers such as bet365, Coral and Betfred. In some cases you may be required to place a small qualifying bet to watch (usually £1 minimum).
Can I watch Cheltenham on mobile?
Yes. There are mobile apps for ITV Racing (free to air) Racing TV (subscription) that will allow you to watch Cheltenham races and trial races live on your mobile devices or tablets. There are also Cheltenham apps and bookmaker radio stations such as bet365, William Hill, Paddy Power and Betfair which can be accessed directly via their betting apps or sites. They cover horse racing and provide live Cheltenham commentaries, and in some cases live pictures.
What bookmakers are offering free bets for Cheltenham?
Lots of bookmakers are offering free bets for Cheltenham including Bet365, BetUK, William Hill and Betfar.
Who can get a Cheltenham Free Bet?
New customers and also existing customers are eligible for Cheltenham free bets. All the offers will be listed on this page throughout the festival! Terms and conditions apply.