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Betfred stands out as one of the most reputable and trusted bookmakers in the UK, known for its exceptional dedication to enhancing the betting experience, especially when it comes to the Cheltenham Festival. With decades of experience in the industry, Betfred has earned its place as a favourite among punters, particularly during high-profile events like Cheltenham.
As a prominent provider of horse racing markets and odds, Betfred is uniquely positioned to offer a range of exciting promotions tailored specifically for the Cheltenham Festival. Whether you're a seasoned punter or new to the festival's thrilling atmosphere, Betfred's offers are designed to maximise your enjoyment and betting potential.
This is especially the case with the Betfred sign up offer for Cheltenham, which sees new customers able to claim £50 in free bets when they bet £10. On top of this exciting new customer offer, Betfred also offers a variety of existing user offers in which bettors can enhance their Cheltenham Festival betting experience, such as Super Extra Place Races, Free Bet if 2nd or 3rd, Best Odds Guaranteed, and more.
Betfred's bet £10 get £50 in free bets offer is perfect for Cheltenham and will provide new customers with huge value when it comes to the festival. All new users have to do is sign up using any oddschecker link, register their details, and bet £10 on any race to get £50 in free bets.
To claim this offer, it is important to use the promo code ‘BETFRED50' as this will ensure eligibility for the £50 bonus. The qualifying bet must be £10 or more on any market at odds of Evens or greater.
The value of this Betfred sign up offer is huge, and will come in incredibly useful for the Cheltenham Festival. Ensure you don't miss out on this offer by following all the necessary steps to get your £50 bonus.
Betfred will select some Cheltenham races to be classed as ‘Super extra place races' which means punters have a better chance to win their each-way bets. On Friday, Betfred are offering 6 places on the Martin Pipe Handicap Hurdle, 5 places on the County Handicap Hurdle, and 4 places on the Triumph Hurdle, Albert Bartlett Novices' Hurdle and the Hunters Chase!
Another exceptional Betfred Cheltenham offer is their Free Bet if 2nd, meaning if your horse finishes 2nd, you won't lose out entirely as you'll be rewarded a free bet up to £10. This only applies to win or each-way single bets on any of the nominated races on the specified day. Your stake will then be refunded as a free bet which you can then use on another Cheltenham race. Betfred are offering this promotion on the last race of each day of the Cheltenham Festival.
Tricasts are a fun way to enhance your odds by predicting the top three finishers in order, and if you are successful, Betfred will add a 10% cash bonus onto your winnings! All you have to do is place any all-correct Straight or Combination win Tricast bet on Cheltenham, and Betfred will give you a 10% cash bonus.
All you need to do to claim the £50 Betfred bonus for Cheltenham is follow the steps below. After doing so, you will have registered a new Betfred account using our exclusive promo code ‘BETFRED50', deposited and placed your qualifying bet, and secured your £50 in free bets:
3 x £10 to use on any Sportsbook Markets
2 x £10 to use on Accumulators (4+ selections)
As mentioned above, Betfred will only accept debit card deposits when claiming the Cheltenham sign up offer. This means prepaid Visa's and Mastercard's, or e-Wallets will not qualify. However, once your account is set up, you can then use various payment methods to bet with Betfred. These are:
Here are all the relevant terms and conditions that you should be aware of when claiming the Betfred sign up offer for Cheltenham 2025:
Our general Betfred Terms and Conditions apply to this Offer in addition to the Significant Conditions below. If there is any conflict between the Significant Conditions and our general Terms and Conditions, the Significant Conditions will take precedence.
New customers residing in the UK, Ireland and Gibraltar who are at least 18 years old and who register for an account with us.
Customers must be successfully verified by us before any Free Bets are awarded.
Register using the promo code BETFRED50. If you do not add a promo code during registration you can add the code after registering as long as it is added before making your first deposit.
Make your first deposit at least £10, using a Debit Card registered to you, within 7 days of registering an account with us. No other payment method will qualify.
Place your first bet of £10 or more on any qualifying Sportsbook markets, at odds of Evens or greater (2.0+), which must settle within 7-days of registering for your account. Two or more separate bets with a combined stake of £10 will not qualify. Only your very first valid bet will count.
If your bet is voided or cancelled by us; it will not count and the next valid bet you place will be considered instead.
If your account is set to euros you will need to deposit and bet €10 to qualify.
Customers depositing using prepaid Visa's and Mastercard's, or e-Wallets will not qualify for this promotion.
Free Bets cannot be withdrawn as cash and will not form part of any winnings returned.
Any unused Free Bets will expire 7 days after issue.
By registering with the promo code, you will not be eligible to receive any other Welcome Offer from Sports, Lotto, Games or Vegas.
One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer. Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer.
In the event of a dispute, the decision of the Betfred Management Team will be final and based on our Terms and Conditions.
In order to claim the bet £10 get £50 Betfred sign up offer for Cheltenham, there is a specific bonus code you must enter to be eligible for the £50 free bets. New users must enter ‘BETFRED50' when setting up their new account and claiming this offer through oddschecker. Failing to do so before making your first deposit would mean you are no longer eligible to the £50 bonus.
As for other offers mentioned such as Super Extra Places, or the 10% Tricast Boost, there is no need to enter a specific bonus code as these are available to all Betfred customers.
There are a few tactics and strategies that you can employ to make the most of your Betfred free bets for Cheltenham. As we know, users are slightly limited in how they can use their £50 free bets with Betfred as £20 is credited as 2 x £10 to use on Accumulators (4+ selections). Nevertheless, there is still plenty of value to be had with these free bets.
The 3 x £10 free bets that can be used on any market give you flexibility to bet across various Cheltenham races. Essentially, you can use them however you like, but there are some things to look out for to ensure you are making the best possible decisions before placing your bets. For example, you could focus on key Cheltenham races like the Champion Hurdle, the Gold Cup, or the Queen Mother Champion Chase, where form guides and analysis are abundant. This helps you make informed decisions and ensures you don't waste any bets by backing horses blindly.
Secondly, you can check for any enhanced odds or festival-specific promotions that Betfred offers, such as extra places. Using your free bets on boosted odds markets can increase potential winnings without extra risk.
As for the 2 x £10 free bets for 4+ selection accumulators, you can boost your odds by placing some high-risk but high-reward bets. To give you a theoretically better chance of winning these accumulator bets, it's an idea to include some strong favourites with lower odds to anchor your bet and increase your chances of success. Then, you can add one or two horses with higher odds for a boosted payout.
You can also take advantage of Betfred's Super Extra Place races with accumulators. Use these to pick horses with decent place chances as part of your accumulator to have a greater chance of winning.
The Betfred Cheltenham sign up offer puts them in a prime position leading up to the Cheltenham Festival due to the generous bonus, in what is a competitive market for one of the biggest sporting events of the year. Let's take a look at how the Betfred offer compares to its competitors:
William Hill is offering a very generous bonus of £60 with a £10 qualifying bet, which is obviously slightly more than Betfred's offering. However, a portion of this offer from William Hill can only be used on the casino, which means £40 is credited as Cheltenham free bets. Therefore, if you're not much of a casino player, you might be better off claiming the Betfred sign up offer to give you more value for the Cheltenham Festival.
The Sky Bet Cheltenham sign up offer provides fantastic value in that new users get £60 in free bets with a qualifying bet of £10.
Paddy Power, a fantastic bookmaker for horse racing and the Cheltenham Festival, is offering a lower bonus than Betfred with £40 in free bets with a qualifying bet of £10.
Betfred is a leading bookmaker for Cheltenham betting, offering outstanding promotions, a trusted and secure platform, and a generous sign-up offer to kickstart your festival experience. With Betfred's Bet £10, Get £50 welcome offer, which provides exceptional value for your initial stake, and with a bit of luck (or skill) you can boost your bankroll a huge amount. By placing a qualifying £10 bet, you unlock £50 in free bets to use across horse racing markets and accumulators.
Beyond the sign-up offer, Betfred enhances the festival experience with Non-Runner No Bet (NRNB) protection on all Cheltenham races, ensuring your stake is returned if your horse doesn't run. Although this has not yet been confirmed, this is something that Betfred offered last year, so we expect them to do the same again. Additionally, their Best Odds Guaranteed means you'll always be paid out at the higher price if the Starting Price (SP) exceeds the odds you originally backed.
Betfred also offers extra places on selected races, and multiples-friendly promotions, making it easy to find value during the festival. Their intuitive platform, complete with live streaming and detailed racecards, ensures you can place informed bets with ease.
Bookmakers that offer NRNB for Cheltenham normally announce this at the start of the year and in February 2025, Betred kept up it's tradition of providing NRNB on all 28 Cheltenham Festival races.
Many horses are entered into multiple races at the Cheltenham Festival, with their target races not always clear. This leads to trainers choosing not to run their horse in particular races which can cause confusion and frustration to bettors who have placed bets with bookies not offering NRNB.
There are plenty of Cheltenham betting markets with Betfred, which will come in especially useful for those claiming the Betfred sign up offer for the festival. Let's dive into some of those markets available:
This is a market that all bookmakers will offer and is the most common betting market for general horse racing betting. It is easy to understand as you are simply betting on your selection to win.
Each way markets are another essential for all reputable bookmakers and Betfred is certainly one. They provide plenty of each-way options for Cheltenham, and when paired with their Super Extra Place races, users can win more than ever. This will give you a better chance of seeing some sort of return as the more places are made available, the better your chances of winning.
Placing accumulators and multiples with Betfred is simple and effective, as you can enhance your winnings with these high-risk, high-reward bets. You are also required to spend a portion of the £50 bonus on accumulators, which is handy as Betfred's offering is fantastic.
You can do this by adding multiple Cheltenham selections to your Betfred bet slip and selecting the multiple bet option. This will provide greater odds than if you were to bet individually on each horse. Your accumulator can be win only or each way which means you will either require each horse to win or place for the overall bet to be successful.
A cover bet is a popular wagering strategy in horse racing, and on Cheltenham, where you place multiple bets on the same horse to reduce risk or improve your chances of a return. This approach helps to offset any potential losses by ensuring at least one bet is likely to pay out. For example, you might place a bet on a horse to win while also placing a separate bet for the same horse to ‘place.' If the horse doesn't win but finishes in second or third, the ‘place' bet provides a payout, helping to cover your overall stake.
Forecast and Tricast markets are available for Cheltenham with Betfred and allow the users to boost their winnings by predicting the top two (forecast) or three (tricast) finishers for a given race. Betfred is a fantastic bookie to do this with, as they will pay you a 10% cash boost if you successfully win a Tricast bet on Cheltenham.
The risk-reward is greater with these types of bets, but Betfred makes the reward even bigger with their Cheltenham Tricast promotion.
Special markets are a great way to bet on something a little different, and Betfred provides plenty of these for the Cheltenham Festival. These will include top jockey, top trainer, amongst others. Specials markets will become clearer as we approach the Cheltenham Festival.
There are also a number of features that Betfred provides its users for the Cheltenham Festival which make the overall betting experience a good one. Features such as live streaming, in-race betting, and best odds guaranteed.
Horse racing live streaming is a feature that all the best bookmakers have and Betfred's offering for the Cheltenham Festival certainly lives up to expectations. The Betfred app has a live-streaming feature that you can use for horse racing, including the Cheltenham Festival. The only caveat is that you must have at least 1p in your balance and have placed a bet within 24 hours of the race you are trying to watch live.
Betfred users can place bets during any Cheltenham race, with odds constantly refreshing to ensure they keep up with the action. The livestream feature comes in especially handy for this as you can place well-informed bets based on the race you are watching. Users will see a list of runners for each race including information such as their latest odds, silks, and numbers making it easy to bet in-race, which will come in incredibly handy for Cheltenham.
Betfred will be offering their Best Odds Guaranteed promotion for the Cheltenham Festival, as they have done for the whole season. This means punters will get the best price in selected UK or Irish races after 8am on the day of the race. If the Starting Price (SP) of your selection is shorter than the price taken when you placed your bet, you'll get paid at your original price. However, If the Starting Price of your selection is bigger than the price taken, you'll get paid at the bigger price.
Here we will answer any frequently asked questions surrounding Betfred and the Cheltenham Festival:
How many places are Betfred paying out on?
On most races, Betfred will pay out for the top three places, however, there will be select Cheltenham races that Betfred will offer more places. In this case, there would be four or five places but this will also depend on how many runners there are.
Does Betfred have a welcome bonus?
Yes – Betfred has a particularly enticing welcome bonus where new users can get £50 in free bets with a £10 qualifying wager. The £10 bet must be placed on any market with minimum odds of Evens or greater and the free bets are credited as 3 x £10 to use on any Sportsbook Markets and 2 x £10 to use on Accumulators (4+ selections).
How do I get my winnings from Betfred?
Withdrawals can be made using the following payment methods: Debit Cards, VISA Fast Funds, Bank Transfer, PayPal, Skrill, Neteller, or PaySafeCard. All withdrawals are subject to security and other validation checks which can take up to 48 hours to be processed.
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