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Betfred Cheltenham 2023 Offers & Betting Guide

Betfred are one of the most historic bookmakers around, having been founded back in 1967. Their online platform now attracts a large number of betting customers, with its range of markets and generous promotions for both new and existing punters being particularly appealing.

The Cheltenham Festival is a hugely busy time for the bookmaker each year, with a number of promotions surrounding the famous horse racing event being added in the build-up.

This review will take a detailed look at Betfred’s Cheltenham offers, as well as the Betfred sports app and additional features.

Betfred Sign Up Offer

At Betfred, their welcome bonus for new customers is a bet £10 to get £40 in free bets. Use promo code WELCOME40 when signing up, make an eligible deposit of at least £10 and place a qualifying bet of that amount to receive those free bets and spins. There are significant terms and conditions you need to know attached to this offer:

How to Claim Betfred Welcome Offer

The following is a step-by-step guide about how to claim your Betfred sign-up bonus:

  1. Enter the Betfred website via desktop or mobile.
  2. Click on the “Register” tab located in the top-right hand corner of the screen.
  3. Completed the required personal information.
  4. Verify your account via email.
  5. Place an opening sports bet at odds of evens (2.00) or greater.
  6. Claim your £40 free bet within just 10 hours.
  7. Use your free bet bonus within 7 days.

Betfred Cheltenham Offers

As previously mentioned, Betfred is a hive of activity both before and during the Cheltenham Festival, with a variety of promotions being added by the bookmaker around this time. Despite most of Betfred offers for the 2023 Cheltenham Festival having yet to be revealed, many punters are waiting patiently, with offers such as faller insurance, price boosts and free bets expected.

There are plenty of Betfred Cheltenham offers as part of ongoing horse racing betting promotions for both new and existing customers. These are available for regular day to day meetings too. There are also specific Betfred Cheltenham specials which are well worth knowing about ahead of the Festival. With these horse racing deals and promos, each adds a little something:

Extra Places

Betfred have a number of extra place races for each-way betting every day. With the Festival having a number of 20-runner plus fields, this offer applies to them. This adds real incentive for you to engage with Betfred Cheltenham betting with each-way wagers. Extra place races apply to both singles and multiple bets, but not those made ante post. Enhanced place terms have certain conditions regarding the number of runners involved in a race for them to be offered. With three places, if there are fewer than six horses racing, then that event will revert to standard place terms. For a bet to pay on four places, there must be at least 12 runners. If Betfred are to honour five places, then 16 horses must race, or they will pay four places instead. To get six places, there have to be 18 or more runners, or the terms drop down to five.

Free Bet if Second

Another of Betfred’s key daily horse racing offers that may well apply to the Cheltenham Festival is the Free Bet if Second deal. This offer covers win or each-way singles on selected horse races with a free bet of up to £10 if your selection finishes second. The minimum refund is 50p. This promotion applies to the first bet struck on a race, but not ante post wagers. Only the win part of an each-way single is covered. Any bets you cash out do not count. If there is a dead heat for first place, then the offer does not apply. In the event of a dead heat for second place, half of stakes will be refunded on both horses up to a maximum of £5. Five or more runners must take part in order for this promotion to apply to an event. Bets on unnamed favourites or second-favourites do not qualify. Standard Betfred free bet terms apply.

Cheltenham Non Runner No Bet

One of the specific Betfred Cheltenham 2022 offers already in place are Non-Runner No Bet (NRNB) terms on four of the big championship races held at the Festival. These are the Champion Hurdle, Queen Mother Champion Chase, Stayers’ Hurdle and Cheltenham Gold Cup, but not the Ryanair Chase. Any bets placed on those four specific races from 07:00 UK time on Friday, 1 January 2022 will be covered by NRNB terms. This applies to bets struck via the Betfred app on mobile devices as well their online sportsbook. Any wagers placed with free bets do not apply, however. Totepool bets cannot be made in conjunction with this offer either. You can place more than one bet on the same race and have them all covered by your stake being returned in full if the selected horses do not run in that specific event come Cheltenham.

Best Odds Guaranteed

Like many other leading bookmakers, Betfred offer the Best Odds Guaranteed (BOG) on all UK and Irish horse racing meetings. There may also be selected international events at their discretion. This comes into effect from 08:00 UK time on the day of the race in question. While this doesn’t apply to ante post bets, or those through Totepool or other parimutuel services, it does apply to win singles, each-way bets, and multiples, accumulators and system or combination bets apart from Lucky 15s, 31s and 63s. Wagers placed with free bets don’t count or those struck on special or boosted odds markets. Rule 4 deductions may apply. BOG ensures that you don’t miss out on a bigger starting price (SP) if you got your bet on early. Say you backed a horse at 4/1 on the morning of the race, and it was returned at 5/1. Your wager will be settled at those bigger odds.

All Correct Bonuses

The All Correct bonuses reward you for being a brave enough to bettor to place system or combination bets on horse racing (and greyhounds). These only apply to the win part of an each-way wagers, so all selections must win rather place in order for you to receive the bonus. The precise type of system or combination bet depends on how big the additional bonus, paid in cash, will be. For a Yankee or Lucky 15, the bonus is 10% of winnings. With Canadian or Lucky 31 wagers, the bonus awarded is 20%. As for Heinz and Lucky 63 bets, it’s 25%. Wagers placed with free bets do not qualify for this offer. All selections must run for the bonuses to apply, so non-runner legs of the bet will be voided off. This offer extends to Virtual horse racing (and greyhounds) too.

Cheltenham Special Offers

As noted above with the NRNB deal for the Festival’s championship races, there will be more Betfred Cheltenham specials once the event draws near. This major meeting really is a big deal to the betting industry as a whole. You will need check their sportsbook in the run-up to the Festival but, based on last year, the Betfred Cheltenham 2021 offers will include enhanced odds promotions on certain horses and races. You can expect much the same this time around. Keeping your eye out for Betfred Cheltenham free bets on the sportsbook through their deals during the event could be well worth your while. Special offers always play their part during the Festival, whether it’s to attract new customers or incentivise everyone into a spot of Betfred Cheltenham betting with many of the deals mentioned above extended to cover it.

Betfred Features

Sitting alongside Betfred Cheltenham offers are a couple of cool features that help make this particular online bookmaker stand out from the competition. These may well be of interest to you, either in relation to the Festival or for betting on other things. The following might just enhance your gambling experiences with Betfred:


On selected football matches every day, there is the option of the #PickYourPunt tab. This works along similar lines to bet builders offered by other major online bookmakers. These allow you to build what is often called a same game multiple in the gambling industry. You can combine different markets from the same event into one bet, a bit like an accumulator.

All #PickYourPunt wagers will be settled in accordance with official results and stats as supplied by OPTA. These bets apply to the regulation 90 minutes and injury time of football matches, not extra time and penalty shootouts. A minimum of one selection and a maximum of five from the same game can be included in #PickYourPunt. You can even tweet Betfred with requests if you cannot find what you are looking for on the sportsbook. Any #PickYourPunt bets you place will not be eligible for cash out. If a selection becomes void, then the whole wager is voided.

Cheltenham Live Streaming

Betfred also offer a Watch Live service applying to all UK and Irish horse racing meetings that you bet on. All you have to do to qualify for live streaming, which includes the Cheltenham Festival, is place a minimum £1 bet on the sportsbook on the race in question. You also need a positive real money account balance. Horse racing is different to other sports, such as badminton, basketball, football, handball, ice hockey, tennis and volleyball, which you can watch without placing a wager.

All horse races shown on Racing TV and Sky Sports Racing (formerly At The Races) can be streamed. Any bets placed through Betfred’s Totepool service do not qualify you for live streaming as these are pool and parimutuel betting services rather than the fixed odds offered on the sportsbook. This service is only available to customers in the UK and Ireland. Streams will have a lag time of 30 seconds.

Why Bet with Betfred?

There are many upsides to betting with Betfred, especially when it comes to the Cheltenham Festival. They were the first bookmaker this year to go non-runner no bet on four of the championship races held there, meaning, if the horse that you back doesn’t line up, you get your stake back. There are also going to be plenty of Betfred Cheltenham free bets available through other promotions that apply to and will be revealed during the Festival. For those who like to combine wagers into system bets, the All Winners Bonuses rewards your bravery with bonus winnings, while extra place races are sure to include Cheltenham contests.

With live steams available for the Festival, provided you place at least a small bet on each race, and the best odds guaranteed for wagers made on the day, there are some great promotions to be had. The Betfred mobile app is one of the best on the market for both Android and iOS devices, so you can also get your bets on anywhere with an internet connection. Their nickname of The Bonus King isn’t just a throwaway catchphrase or gimmick. Betfred really do have a superb set of offers relating to Cheltenham, so making it part of your Festival betting comes strongly recommended.

How to Bet on the 2023 Cheltenham Festival with Betfred & Maximise Your Winnings?

In order to effectively take advantage of all that Betfred have to offer when it comes to the Cheltenham Festival, it is hugely important to have a strategy mapped out ahead of the four-day event. The following guide demonstrates how to give yourself the best possible chance of beating the bookmaker come the end of the Festival, starting with the sign-up process:

Open Your Betting Account

The first thing to do is to register a new account with Betfred in the build-up to the 2022 Cheltenham Festival, which after placing a £10 opening sports bet, will deliver £30 worth of free bonus funds. Registration is an easy process, which can be completed via desktop or mobile, before verifying your account via email.

Betfred’s terms and conditions mean that opening bets must be placed at odds of evens or greater, while bonus funds must be used within 7 days.

Explore Your Betting Options

It is also hugely important to have an idea of the type of bets you will look to place both before and during the Festival, as well as which races you will look to utilise. With Betfred providing ante-post odds on all 2022 Cheltenham races, it is already possible to kick-start your wagering, with best odds guaranteed meaning that you will receive the best possible pay-outs too. With just under 30 different races helping to make up the four-day event, it is important to not go overboard in your wagering.


Taking advantage of Betfred’s popular “PickYourPunt” feature is certainly recommended during the Festival, where prices on standout markets are boosted. Punters can send their suggested bets to Betfred via Twitter, with the bookmaker then providing a price in return.

Watch Action Live

Customers can gain a much better understanding of how the action is unfolding by utilising Betfred’s live streaming service, which includes all races from the 2022 Cheltenham Festival. Available via desktop and mobile app, customers must place a bet on the race in which they wish to watch in order to gain access or have a positive account balance.

Pick Up Your Winnings

For those whose strategy surrounding the Cheltenham Festival pays off, Betfred make withdrawing funds an easy process. Betfred withdrawal times range from 24 hours to around five working days depending on the method of banking chosen by the customer, while there are no additional fees involved.

Betfred Android App

Betfred have introduced a mobile app to cater for punters who are constantly on the move, with its usability and range of features making it an excellent platform for all. Those looking to place bets on the 2022 Festival will find both ante-post and pre-race markets, whilst also being able to take advantage of all of Betfred’s promotions surrounding the event.

Meanwhile, all of the same features as found on the main Betfred desktop site are also available via the app, including cashing out, live streaming and customer support. Betfred have introduced a mobile app to cater for punters who are constantly on the move, with its usability and range of features making it an excellent platform for all.

Those looking to place bets on the 2022 Cheltenham Festival will find both ante-post and pre-race markets, whilst also being able to take advantage of all of Betfred’s promotions surrounding the event. Meanwhile, all of the same features as found on the main Betfred desktop site are also available via the app, including cashing out, live streaming and customer support.

In order to download the Betfred app using your Android device, follow these steps:

Betfred iOS App

The Betfred mobile app is also available to download via iOS devices, offering all of the same features and markets as their desktop platform. The Betfred app provides a similar design to their website too, meaning that punters can quickly and easily move between pages and features.

The Betfred mobile app is also available to download via iOS devices, offering all of the same features and markets as their desktop platform. The Betfred app provides a similar design to their website too, meaning that punters can quickly and easily move between pages and features.

In order to download the Betfred app using your iOS device, simply complete the following steps:

  1. Visit the Betfred mobile site using your device.
  2. Click on the Apple symbol on the home page.
  3. Download page will show in a new tab.
  4. Click on “Free Download” link displayed.
  5. Follow the instructions on the page and complete the download process.

Bottom Line

Betfred is undoubtedly a fantastic option for horse racing fans ahead of the 2022 Cheltenham Festival, with their range of features and promotions surrounding the event making them a viable option for many punters. With live streaming, cashing out and ante-post markets being just some of the appealing parts of their operation, if Betfred’s offers surrounding the 2018 Festival are anything to go by, fans of the four-day event are certain to be in for a treat in March too.


Is There Cheltenham Festival Live Streaming On Betfred?

Betfred ensure that their customers can watch all of the action from Cheltenham as it unfolds via their live streaming page, with a positive account balance required in order to gain access.

Does Betfred Offer Non Runner No Bet (NRNB) Special?

Betfred offers a no runner no bet special surrounding the Cheltenham Festival, meaning that you will receive your stake back, should your selection ultimately not feature in a specific race.

Do Betfred Offer Ante Post Betting On Cheltenham Festival?

Odds for the 2019 Cheltenham Festival are already available on their sportsbook, with ante-post markets being available right up until race day.

Are There Betfred Mobile Apps?

The Betfred sports app is available to download for both iOS and Android users, providing a range of services and features to customers on the move.


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