Home » Betfred Cheltenham Festival Bet Offers 2023

Betfred Cheltenham Festival Bet Offers 2023

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We look at the best Betfred Cheltenham Offers and promotions for the 2023 Festival. On this page, we list details of how to pick up a Betfred Cheltenham betting offer and explain, in full detail, what the available promotions offer to readers.

From the Betfred Cheltenham new customer offer to promotions available for existing customers, we take a deep look at what the bookmaker has available for the exciting action at Prestbury Park this year. 

Part of that includes taking a peek at some of the best features on the Betfred site and detailing the payment and withdrawal processes.

It’s going to be four thunderous days of National Hunt action coming up, and we aim to show readers the best way to get the Betfred Cheltenham offers. That all starts with the Betfred Cheltenham Festival sign-up offer.

Betfred Cheltenham Festival New Customer Offer 2023

To reach the excellent Betfred horse racing betting coverage on their site, the first promotion that comes into focus is the Betfred new customer offer for Cheltenham 2023.

The Betfred sign up bonus is Bet £10 Get £30, which means that a total of £30 worth of free bet bonuses will land in your new Betfred account if the requirements are met. What are those requirements? Fairly straightforward ones, which makes the Betfred bonus hugely appealing.

After completing the short sign-up process and making a deposit through a valid method (e-wallet and prepaid card restrictions apply), place a sports bet of at least £10 in the Betfred sportsbook. Then, receive the package of free bets when that qualifying bet has been settled.

How to Claim The Cheltenham Festival New Customer Offer

To help guide readers on how to get the Betfred new customer offer, we list the key steps to follow to get all signed up and to claim the bonus:

  • Visit Betfred on their website or through the Betfred App
  • Make a qualifying deposit of at least £10
  • Place a sports bet of at least £10 at odds of 1/1 or greater
  • Receive £30 in free bet credits once that qualifying bet has been settled

What if I am an existing Betfred customer?

If you are an existing Betfred customer, you will not be able to take up the Betfred Cheltenham Festival Sign Up offer. That is exclusive only to new customers who sign up and activate the specific promotion. 

Betfred account holders will have already gone through the registration process, so they can’t use any new welcome bonus that comes along. Even if you did not claim any sign-up bonus when you registered for an account, that is the case.

But it’s certainly not the end of the road as far as Betfred Cheltenham promotions are concerned. So far from it, Betfred are well known for their superb horse racing betting promotions, including ongoing ones. That means punters can come back time and time again to use them.

So, if you are done and dusted with the Betfred welcome bonus, you will still have plenty of options open to you for Cheltenham Festival betting as an existing customer. Things like money back specials, Acca win bonuses, extra places, bet boosts, along with Non-Runner No Bet and Best Odds Guaranteed are the types of offers that all customers can cash in on.

Next, we lay out some top Betfred Cheltenham Festival bet promotions that can be found to help punters possibly integrate some of them into their racing betting plans.

The free bet offers from Betfred for Cheltenham Festival 2023

Betfred is a very popular bookmaker because they run some excellent promotions, many of which are long-standing ones that are always there to use. So, in the next part of this Betfred Cheltenham guide, we look at some of those.

We start with the big staple of Cheltenham Festival horse racing, which is Non-Runner No Bet. Betfred has applied that to all the races at this year’s Festival. So if your horse doesn’t run in a race, you will get your stake back.

Another of the Betfred Cheltenham Festival offers is an Ante-Post Extra Places promotion. This is available on selected races (two fixtures per day) from the Festival. Betfred has extended the places at 1/5 odds for ante-post Cheltenham Festival betting for the promo.

Betfred runs a lot of extra places offers for horse racing, and this is one of those things where you will need to visit their promotions page regularly to see what particular races are covered. They have both regular extra places and super extra places.

There will also be Best Odds Guaranteed racing betting coverage on the Cheltenham Festival from Betfred. This pays out the higher price for you if your selection wins at a higher SP than what you had backed them.

Betfred also has other horse racing betting features, like their One Winner Bonus which gives a payout if only one leg of bets in a Lucky 15 or a Lucky 31 wins, and an All Correct Bonus for successful race bets. That’s a win percentage bonus payout on selected types of multiples.

There is also a Free Bet If 2nd offer. On selected races, if your selection comes home as runner-up, then you will receive a refund of up to £10.

Betfred comes highly recommended for many of their excellent services, including the Betfred Cheltenham offers that will be in play for this year’s Festival.

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

While using a Betfred free bet bonus should be simple, keeping yourself informed is the best advice we can give. That’s because there are conditions attached to all free bets in betting.

If you are trying to claim a free bet, say through the Betfred new customer offer for Cheltenham, you have to ensure that you meet all the requirements. That’s from the qualifying deposit method to the correct amount of stake placed on the first qualifying bet. 

It’s nothing complicated, but you want to ensure that you follow the proper steps to earn the bonus. All offers listed at an online bookmaker will have clear key T&Cs listed. Those give a concise overview of what you need to do.

There is the other side of the coin in this as well, using a Betfred free bet bonus. Again, this is where knowing what you can do with them will go a long way.

If you have a bet bonus that has been credited to your account, it may only be valid for specific markets, and it will most probably only be valid for a set amount of time (usually a week after being credited).

Your account will list any free bets you have claimed and are still active. The bet slip is the place where you can go and use them. Generally, when you place a qualifying bet that a free bet bonus applies to, it will show up automatically, and you choose whether to use it as your stake or not.

Terms and conditions of the Betfred Cheltenham promotions

The Betfred Cheltenham promotions come with terms and conditions, which is standard. However, with any bonus offer, it’s helpful to understand the basic T&Cs that apply to that particular bonus.

To help readers, here are the key terms and conditions for the Betfred new customer welcome offer for Cheltenham:

  • 18+ New Customers Only
  • Deposit & place bet on sports at a minimum of £10 at evens within 7 days of registering.
  • £30 paid in free bets with 10 hours of bet settlement
  • Free bet expires 7-days after issue
  • E-Wallet & Prepaid Card restrictions apply
  • The first bet must be settled within 7 days of registration
  • Full T&Cs apply

Betfred best feature – Racing Betfinder

The Betfred horse racing Betfinder is a great tool that can significantly aid punters. It’s a filter that will cut through all the many, many options that appear daily in horse racing betting at Betfred. 

You define what criteria you want to search by, such as Winner last time, Winner in last 3, Course winner, Placed in last 3, Beaten Fav last time, and so on. The more conditions you apply to the search tool, the more refined the results will be.

So, if you have a horse racing strategy where you only want to see Course winners + Winner in the last 3, you select the filters, and the Betfred Betfinder will search through all the day’s horses that fit that criteria and present the results.

This allows you to avoid manually searching for those preferable picks for your horse racing betting. It could come in handy for Cheltenham Festival 2023 betting at Betfred.

Making the first deposit with Betfred

Making the first deposit with Betfred is a crucial step to get right because it will affect whether you collect their welcome bonus or not. That is because deposit restrictions apply when it comes to their sign-up offer. 

Deposits using prepaid Visa and Mastercard or e-Wallets won’t qualify for that offer. That first deposit also has to be at a minimum of £10. 

Deposit methods available at Betfred are Visa, Mastercard, Neteller, SKirlll, Paypal and Paysafecard, along with Bank Transfers. Payment methods deposit times will vary, but most card and e-wallet deposits will be instant.

How to withdraw your money at Betfred – Terms and Conditions

To withdraw your money at Betfred, you can click through to “My Account” and then on the tab for “Withdraw”. From there, you select the payment method that you want the funds to go out to. Note that things operate on a closed-loop, meaning that the funds have to return to their original funding source. Withdrawal times will vary.

Things we like about the Betfred Cheltenham festival betting offers

The Betfred Cheltenham festival betting offers are excellent and even some of the best out there with their Extra Places and Free Bet If 2nd promotions. They provide some fantastic racing offers, and they all have reasonable entry points regarding qualifying stakes.

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

As mentioned above, the Betfred Cheltenham Festival betting offers are great. However, the number of enhanced odds offers in racing could have been higher.