The Ultimate Cheltenham Festival Free Bet Guide
Cheltenham Festival is a fantastic event with four days of top quality racing but it can put a strain on the wallets of experienced and inexperienced punters alike.
Online bookmakers are desperate for you to sign up and take them on over Cheltenham, and with so many races to go at, the odds of coming out on top are in their favour. Don’t put all your eggs into one basket. Thanks to mobiles and tablets it’s never been easier to register an online account so why not sign up with a few of the most trusted bookies and grab yourself some free bets to improve your chances of beating the books.
What Are Free Bets?
Essentially free bets are a bonus given by bookmakers which can be used to bet on sports. Because there is no real money wagered when using a free bet, returns from winning free bets do not include the stake. For example, if you staked your own money on a 3/1 winner you’d receive £30 winnings plus your original £10 stake giving a total return of £40 while if you had used a £10 free bet you’d receive the winnings only ie £30.
Free bets are normally offered as an incentive to register an account and deposit some funds. Free bets are subject to wagering requirements and you should make sure you are familiar with the terms and conditions before making a deposit. Wagering requirements can have a big impact on the chance of getting a return from free bets. There will be conditions regarding minimum odds on the qualifying bet and/or free bet and even how many times the free bet (or bonus) amount must be staked before winnings can be withdrawn. Look for offers that simply require you to place the free bet and keep your winnings on condition the selections are evens (2.00) or less.
A free match bet has long been the most common welcome offer, with the bookmaker matching your first bet with a free bet to the same stake, up to a maximum that can typically vary from £10 to £50. Right now you can sign up with a couple bookmakers and get a £20 free bet for placing just £5. Free bet offers from all the leading bookmakers are listed here and those best suited for casual punters looking for a hatful of freebies to last the four days of Cheltenham are details below. Want to get ahead of the game? Check out our Grand National Bets here.
The Best Free Bet Offers For Cheltenham Festival
Sky Bet Bet £5 Get £20 Free
Sign up and make your first bet a £5 single on any selection of evens (2.00) or above and Sky Bet will give you a £20 free bet. Use your free bet in full on any single or each way market and keep the winnings.
Coral Bet £5 Get £20 Free
Register with Coral and bet £5 win or £5 each way on a selection with odds of 1/2 (1.50) or bigger and Coral will give you a £20 free bet. Use your free bet in full on any win or each way market on singles, doubles and accs and keep the winnings.
William Hill Bet £10 Get £30 Free Bet
Register using promotion code C30 and bet £10 on a single or cumulative bet with odds of at least 1/5 (1.20) and William Hill will give you three £10 free bets. Use your free bets on any sports markets and keep the winnings.
Betfair Bet £10 Get £30
Sign up using promotion code ZSK200 and bet £10 single on a selection with odds of 1/5 (1.20) or bigger and Betfair will give you three £10 free bets. And, when you back a winner on the first day at Cheltenham with odds of 3/1 or bigger, you’ll receive another THREE free bets equal to your stake, up to £25. Use your free bets on any sports selection with odds of 1/5 (1.20) or bigger and keep the winnings.
Betfred Bet £10 Get £30 Free Bet
Register with Betfred and bet £10 on a single or cumulative bet with odds of evens (2.00) or more and you’ll receive a £30 free bet. Use your free bet on any sports market and keep the winnings.
Paddy Power Bet £10 Get £20 Free Bets
Open an account with Paddy Power and bet £10 on a selection with odds of1/2 (1.50) or bigger and get four £5 free bets. Use your free bets on any sports and keep the winnings
Winner Bet £10 Get £20 Free Bet
Sign up with Winner and bet £10 on a sports bet with odds of evens (2.00) or bigger and get a £20 free bet. Use you free bet on any sports selection with odds of at least evens (2.00) and no bigger than 20/1 (21.00) and keep the winnings.
Customers can also pick up free bets from special promotions and for the 2015 Cheltenham Festival there are some great ‘money back’ offers available to new and existing customers alike. Money back is a common term used by bookies for giving a refund, in the form of a free bet, as consolation when a specified trigger or scenario occurs. For example ring, if your horse finishes second. They are more commonly referred to as Money Back or Cashback offers, you’ll find a comprehensive list of available offers here but for your convenience here are the very best Cheltenham money back offers at the moment.
Top Cheltenham Festival Money Back Offers
Place a win or each way bet on the Supreme Novices Hurdle and if your bet is a loser, William Hill will refund your stake with a free bet up to £25. Use the free bet on any sports market and keep the winnings.
Place a win or each way bet on the Supreme Novices Hurdle and if your bet loses, Sky Bet will refund your stake with a free bet up to £25. Use the free bet within 24 hours on any sports market and keep the winnings.
Place at least £5 win or each way single on the Betway Champion Chase and if your Sire De Grugy wins the race, losing stakes will be refunded with a free bet, up to £50. Use your free bet on any sports market within 7 days and keep the winnings.
Place a win or each way single on the Supreme Novice Hurdle and if Douvan wins the race Paddy Power will refund the losing win part of your bet up to £50. Use your free bet on any sports and keep the winnings.
Place a win or each way single on the Arkle Trophy Chase and if Un De Sceaux wins the race Paddy Power will refund the losing win part of your bet up to £50. Use your free bet on any sports and keep the winnings.