Paddy Power Cheltenham Offers & Free Bets

Updated: January 30, 2026 at 4:14 pm GMT+0
Paddy Power
4.5/5

With the Cheltenham Festival almost here, we’ve taken a look at the best Paddy Power Cheltenham betting offers for the greatest week in horse racing.

From free bets to enhanced odds, Cheltenham betting offers and deals for existing customers, we’ve got every angle covered, providing everything you need for the big event.

To keep things nice and simple, we’ve put everything related to Paddy Power Cheltenham betting offers right here on this page, so you won’t miss a thing.

Paddy Power Cheltenham Betting Offers & Free Bets

For new players looking to sign up with Paddy Power, they have their welcome offer available which can be taken ahead of the Cheltenham Festival.

The current Paddy Power new player offer is a bet £5 get £30 in free bets offer.

How to Claim Your Paddy Power Cheltenham Offer - Bet £5 Get £30

  • Click on the ‘Claim Offer’ button above.
  • Open a new account with Paddy Power using promo code YSKAST and deposit a minimum of £5 via cards or Apple Pay.
  • Place a £5 Sportsbook bet at min. odds 1/1 (2.00)
  • You’ll receive a total of £30 in sports free bets which will be valid for 30 days.
  • You’ll be able to see details of your free bets in the ‘My Free Bets’ tab which can be accessed at the top of the website.
  • To use your free bets, add the selections to your betslip that meets the terms and conditions of this offer.

Paddy Power Existing Customer Cheltenham Offers

It’s not just new players that Paddy Power have their eye on, they are also known to be one of the brands that always focus on their existing customers.

For this reason, you can expect to get a range of offers available to you as an existing customer.

When it comes to horse racing and the Paddy Power Cheltenham offers, they will have plenty available during the week.

Paddy Power Best Odds Guaranteed

One of the most popular offers from any brand when it comes to horse racing. Best odds guaranteed allows you to take the price on your selection in the morning, and not worry what happens after that, as it’s a win-win scenario for you.

If the horse drops in price, you are already locked in at the higher morning price. If the horse drifts, and the SP is bigger, you will be paid out at the bigger SP price, covering all bases to get you the best odds for your bets.

Paddy Power Money Back if 2nd or 3rd to SP Fav

An offer to look our for from Paddy Power on selected races at the Cheltenham Festival is this money back offer when your horse runs behind a favourite.

With this offer, they will give you your money back if you are second, and sometimes third, to the SP favourite of that race. This is a consolation offer that can be seen for specified races throughout Cheltenham week, especially the bigger races, so look out for it being available.

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.

Top Bookmakers

BETFRED
Betfred Sign-Up Offer and Promo Code
Read Review
Kwiff Logo
Kwiff Review, Free Bets and Betting Offers 2025
Read Review
Spreadex Sports Review & Features Insight
Read Review
bet365 logo
Bet365 Review and Feature Insights
Read Review
William Hill Sports Logo
William Hill Review & Sign Up Offer
Read Review
Best CopyBet Sign Up Offer & Bonuses 2025
Read Review
BetWay Review & User Opinion
Read Review
jeffbet Logo Webp
Jeffbet Review, Sign Up Offer & Bonuses for February 2026
Read Review
Pick your bet type