Best Cheltenham Existing Customer Promotions For Day Three
Day Three of the Cheltenham Festival is another huge afternoon of top-class racing, and betting sites are once again rolling out plenty of offers for existing customers.
While many Cheltenham free bets target new players, there's also a wide range of daily free bets, money-back specials and enhanced odds available for those already signed up.
We've rounded up the best existing customer offers for Day Three, making it easy to see what's available, where to find the top deals and how to claim them before the racing begins.
Cheltenham Existing Customer Free Bets
These are the daily free bet offers confirmed for existing customers for Day Three of the 2026 Festival, courtesy of Free Bets.
Betfred - Bet £10, Get a £10 Free Bet
Betfred's flagship Cheltenham promotion is one of the most straightforward offers of the entire meeting.
Opt in today, place a £10 bet on the first race, and you'll receive a £10 free bet to use on any race later on Thursday.
Unlike some promotions, the qualifying bet can be placed on any outcome in the opening race, not just the favourite.
How it works: Opt in via the Betfred promotions page each morning. Place £10 on the first race (1:20pm). Receive a £10 free bet credited for same-day use on horse racing.
Paddy Power - A Completely Free Bet for Thursday
Grab a completely free bet on any Cheltenham race on Thursday courtesy of Paddy Power.
The promotion is online only and requires you to opt in, with the free bet value varying between £1 and £50, depending on your account.
How it works: Log in and opt in to the offer, then place your free bet on any Cheltenham race on Thursday. Only one free bet per customer is available. Free bet value ranges from £1–£50.
Cheltenham Money Back Specials
Money-back promotions give your bets an extra safety net and are one of the most valuable offer types at Cheltenham.
Here are the confirmed money-back deals available on Thursday at the Cheltenham Festival.
BetMGM – Money Back as a Free Bet if Your Horse Loses in the Mares' Novices' Hurdle
BetMGM is offering a fantastic promotion for all customers on Thursday.
Simply back a horse in the Mares' Novices' Hurdle and get a free bet refund if your selection loses.
Place your bet on the race and select the 'Second Chance' option on the betslip to activate the offer.
How it works: Place your bet at minimum odds of 1/2, and toggle Second Chance on the betslip. If your horse loses, you'll receive a free bet refund. Free bet expires in 3 days.
BoyleSports - Money Back on All Losers in the First Race
This is one of the standout existing customer promotions of the entire Cheltenham Festival.
On the opening race each day, BoyleSports will refund your losing stake as a free bet, up to £10.
There are no conditions about where your horse finishes - if it loses, you get your money back.
Then, on every other race across the Festival, if your selection finishes 2nd to the Starting Price favourite, your stake is refunded as a free bet, again up to £10.
So you have insurance on the opening race every day, plus the SP favourite safety net for the rest of the card.
How it works: First race: bet up to £10 win single or win part of each-way. Any loser gets stake refunded as free bet. Other races, stake refunded as a free bet if finishing 2nd to SP favourite.
SpreadEx - Money Back if Your Horse Places in the First Race
Back a horse in the first race each day at the 2026 Cheltenham Festival with SpreadEx, and get a free bet refund if your selection places but doesn't win, up to £10.
The offer applies to fixed odds bets only, giving you a safety net if your horse runs well without getting its head in front.
How it works: Place a cash bet on the first race of the day. If your horse finishes placed but doesn't win, you'll receive a free bet matching your stake up to £10. The free bet is credited after settlement and expires in 28 days.
Tote - Money Back as a Free Bet if Your Horse Finishes 2nd in Any Race
Opt in and get your stake back as free bet if your horse finishes 2nd in any Cheltenham Festival race, up to £10 per race.
The offer applies to the first win bet or win part of an each-way bet you place on Tote racing pools markets for each race, giving you a safety net across the entire Festival.
How it works: Opt in before placing your bet. If your selection finishes 2nd, you'll receive a refund in Tote Credit up to £10 per race. Maximum refund £70 per day.
10Bet - Money Back if Your Horse Finishes 2nd in the Stayers' Hurdle
Back a horse in the Stayers' Hurdle on Thursday and get your stake back as a free bet at 10Bet if your selection finishes 2nd, up to £10.
The offer runs on one major race each day of the Festival, giving you a safety net if your pick goes close but misses out.
How it works: Log in and place a £1+ cash bet on the selected race. If your horse finishes 2nd, you'll receive a free bet refund up to £10. Free bets are credited after settlement and expire in 7 days.
Virgin Bet – Money Back as a Free Bet if Your Horse Loses in the Jack Richards Novices' Handicap Chase
Virgin Bet is offering Cheltenham punters a safety net on a selected race each day of the Festival.
On Thursday, it's the Jack Richards Novices' Handicap Chase at 2:00pm.
Place a single bet on the race winner, and if your horse loses, you'll get your stake returned as a free bet, with the value revealed when you log into your account.
It's a fantastic way to have a go on one of the feature races with some protection if your horse fails to win
How it works: Log in to see your personal free bet value (between £1 and £50). Place a single cash bet on the win market of the selected Cheltenham race within 48 hours of the race start. Only the win part of each-way bets qualifies. If the bet loses, the stake is returned as a free bet. Free bets must be used within 7 days.
