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Betfair Cheltenham Festival Bet Offers 2023

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The Betfair Cheltenham Festival coverage is under the spotlight on this page, as the operator offers plenty of top racing action across their Exchange and Sportsbook platforms.

To give readers a complete view of things, we will be looking at more than just the Betfair Cheltenham betting offers as we highlight some of the site’s features and provide information about how to make payments and withdrawals to Betfair.

There is no bigger National Hunt racing meeting in Britain than the Cheltenham Festival, and its four days are stacked with top Grade 1 contests. The ante-post markets have been active, and the hype will build further ahead of the first day of action. 

We warm-up for the 2023 Festival by looking at the best Betfair Cheltenham Festival bet promotions, including their sign-up bonus.

Betfair Cheltenham Festival New Customer Offer 2023

For those punters looking to sign up for a Betfair account, one of the first things to do is look at the Betfair new customer offer for Cheltenham 2023. Once signed up with the Betfair sportsbook, you will then have access to all the other Betfair Cheltenham offers.

The Betfair Welcome Bonus gives punters the chance to claim up to a maximum of £100 in free bets, which is pretty large by bookmaker sign-up bonus standards. 

After registering a new Betfair account, you will receive a £20 free bet for placing 5 x £10 (or more) single bets in the sportsbook. That can be repeated up to five times, which in total would return the maximum Betfair bonus amount of £100 from their welcome offer (5 x £20 free bets).

How to Claim The Cheltenham Festival New Customer Offer

The Betfair Cheltenham Festival new customer offer is relatively straightforward to get. Here are the key steps that you can follow to claim it.

  • Register for a Betfair Sportsbook account
  • Deposit to the account via debit card or Apple Pay
  • Place 5 x £10 (or more) bets of at least 1/2 odds
  • Receive a £20 free bet
  • Repeat the process up to five times for a max total of £100 in free bet credits

What if I am an existing Betfair customer?

Any new qualifying customer opening an account can collect the Betfair Welcome Bonus offer. What if you have done that and already hold an account with the operator? Unfortunately, that would mean that the Betfair New Customer Offer for Cheltenham 2023 is not available to you.

But there is still plenty to be cheerful about. Existing Betfair customers will be able to enjoy plenty of Betfair Cheltenham promotions through other horse racing offers that are on their site.

Betfair comes highly rated for promotions across both of its platforms, and they check a lot of boxes for their overall quality of racing features. To accentuate all that, in the Betfair sportsbook, there’s access to staple promotional fares like Best Odds Guaranteed, Non-Runner No Bet and Enhanced Odds. 

To help punters out, in the next section of this Betfair Cheltenham offers guide, we list some of the standing promotions that punters can take for the Festival 2023.

The free bet offers from Betfair for Cheltenham Festival 2023

The Betfair Cheltenham betting offers available to both new and existing customers are the next thing that we bring to light. There are plenty of promotions that could potentially enhance your Cheltenham betting experience with them.

The first of the Betfair Cheltenham offers is their price boost. Betfair provides a lot of enhanced odds offers for their customers. This is called “My Odds Boost”, and they currently offer punters the ability to boost odds on three horses daily. This is a sportsbook exclusive and not available on the Exchange.

For Cheltenham 2023, Betfair are Non-Runner Money Back on all races. From the opening race of the Supreme Novices’ through to the highlight of the Festival, the Cheltenham Gold Cup on Friday. That means if your selection doesn’t run, you get your stake back. 

There is one more Betfair Cheltenham promotion to look at. That’s a £5 free bet to use on a multiple or bet builder for having first bet £20 on multiples. The qualifying bets can be staked on any sport, including horse racing.

With live horse racing streams, insights from Timeform and great markets right through their horse racing cards, Betfair are an excellent bookmaker for horse racing betting. They are one to consider for your 2023 Cheltenham Festival betting.

How to use the free bet offer from Betfair during the Cheltenham Festival

New customers who have claimed the Betfair free bet bonus from their welcome offer may want to know what to do with the bonus during the Cheltenham Festival. The first thing to check is whether it is still active on your account.

Most free bets have a time limit on them once they have been credited. The common practice for most free bets at bookmarks is that they expire after a week. But if you have free bets and want to use them, the bet slip is generally the first port of call.

When you add a selection to your Betfair bet slip to which a free bet bonus can be applied, then it’s usually a matter of just checking off a box to indicate that you want to use your bonus funds to strike that particular bet.

If you aren’t sure what Betfair free bet bonuses you have, browse through to your account after login, and you will see them listed in there. You can also check what terms they have applied to them to know how to use them in your betting.

Free bets can be earned in different ways, and they may have additional terms and conditions. So, always do your due diligence to ensure that you have don’t miss out on an opportunity. 

In addition, there will also be qualification requirements for various promotions, which could be anything from a minimum stake or odds threshold, or it could apply to only bets placed on a specific market.

When it comes to claiming and using free bets, it is a good idea to check through at least the basic key T&Cs to keep abreast of things.

erms and conditions of the Betfair Cheltenham promotions

Some terms and conditions come into play for the Betfair Cheltenham promotions 2023. It’s well worth keeping informed about what a particular offer entails.

Here are the key terms and conditions for the Betfair new customer welcome offer for Cheltenham:

  • 18+ New customer offer.
  • Place 5 x £10 or more bets to receive £20 in free bets. 
  • Repeat up to 5 times to receive a maximum £100 bonus.
  • Min odds 1/2 (1.5). Exchange bets excluded. 
  • Payment restrictions apply. 
  • Full T&Cs apply.

Betfair Best Feature – Sportsbook & Exchange

Betfair is such a popular betting site for punters because there is a choice between using the traditional sportsbook or the betting exchange (or both!). That’s an excellent thing for punters because it provides variety in betting approaches.

The Exchange is a brilliant platform all on its own, and it came first. This was what the Betfair brand was built on, an innovative peer-to-peer betting portal that cuts out the middleman of the traditional bookmaker. It’s a betting platform for forging strategies, and there is a great community feel about it.

But there is also an excellent sportsbook that has been in play for a while now at Betfair. They haven’t cut corners with this product either, and it’s one of the best for early prices on sports like football and horse racing. That interchangeable factor between the two different platforms helps give Betfair an edge.

Making the first deposit with Betfair

Making the first deposit at Betfair is an important step to get right because of deposit restrictions in place when it comes to their sign-up bonus. Only initial deposits that have been made by using a Credit/Debit Card or Apple Pay will qualify for the Betfair new customer offer for Cheltenham. 

It will also require at least a £10 deposit. Once you are logged into your Betfair account, click on the “Deposit” button at the top of the site. You will see a list of all the available payment methods there, and you can add and edit payment methods from there. 

Betfair payments include Neteller, Skrill, PayPal, Web Money, Paysafecard, Rapid Transfer, Bank Transfer, Debit Cards and Apple Pay. All of the above information relates to the Betfair Sportsbook only.

How to withdraw your money at Betfair – Terms and Conditions

To withdraw funds from Betfair, you can click on ‘My Account” and select the “withdraw’ button from there. Then, you choose the payment method where you would like the funds to go to, which should be the same source that they came from.

It is possible to cancel a Betfair withdrawal request as long as it is still processing. Once it moves beyond that, the transaction cannot be cancelled. 

For customers using a Visa Debit card, FastFunds is available, the quickest way to withdraw money. But, of course, your bank needs to have that feature too. The usual estimated time for a Betfair withdrawal is between 2-5 days for cards, while e-wallet options should be complete within 24 hours. But, of course, transfers to a bank will take longer. 

Betfair does offer a Prizeout withdrawal method as well. This is where you can withdraw as a gift card instead of to one of your preferred payment methods.

hings we like about the Betfair Cheltenham festival betting offers

The basics of the Betfair Cheltenham Festival betting offers – like Bets Odds Guaranteed and Non-Runner Money Back – are covered well. There is also an excellent horse racing section, which rates highly for ante-post markets being listed.

Things we don’t like about the Betfair Cheltenham festival betting offers

Betfair has a great dual-platform (Exchange and sportsbook) for horse racing betting. That said, they perhaps aren’t as heavy-handed with Cheltenham Festival betting offers as other bookies.