Paddy Power Cheltenham Offers & Free Bets 2024

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Last Updated on March 26, 2024

By Jacob Potter

The Paddy Power Cheltenham offer gives new customers £20 in free bets when they deposit and wager funds of just £5 on a Cheltenham betting market with minimum odds of 1/2 (1.50).

On this page, you’ll find everything you need to know about Paddy Power Cheltenham offers, which includes Cheltenham Specials, odds, betting tips, and much more!

Paddy Power Cheltenham Offer

GET £20 IN FREE BETS WHEN YOU PLACE A £5 BET
New Customer offer YSKARZ. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £20 in free bets. Free bet rewards valid for 30 days. Only deposits via Debit Cards & Apple Pay will qualify for this offer. T&Cs apply. Please Gamble Responsibly Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply. Full T&Cs

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Paddy Power is offering its new customers up to £20 in free bets when they deposit when using the Paddy Power promo code. All you have to do to get this sign-up offer is to deposit and place a bet of £5 on a selection with minimum odds of 1/2 (1.50). Regardless of whether the qualifying bet is a winning or losing one, you’ll be credited with the free bets on offer once the qualifying bet has settled.

Paddy Power Cheltenham Specials

Paddy Power often has a great range of 2024 Cheltenham Specials which are available to new and existing customers, which is more than many other betting sites are offering a month in advance of the Cheltenham Festival.

Below, you’ll find some of what you can find on Paddy Power’s site and mobile app ahead of the 2024 Cheltenham Festival.

Daily Free Bets

Paddy Power are offering their existing customers daily free bets to use on Cheltenham betting markets, which is more than many other bookmakers are doing this week. You can get up to a £5 free bet to use at the Cheltenham Festival, and you’ll simply have to opt-in to obtain this offer each day.

- 2024

Best Price Guaranteed

Paddy Power offers their new and existing customers the Best Price Guaranteed promotion, which is hugely popular heading into the Cheltenham Festival. It can be incredibly frustrating to back a horse at odds of 10/1, only to see it drift to 16/1 on the day of the race, but with Best Price Guaranteed, Paddy Power customers will be paid out at the higher odds if your horse was to go on and win.

This promotion stays in place for the Cheltenham Festival, with it being available at 8 am on the day of each race. Best Price Guaranteed is particularly popular with ante-post bettors who like to bet on horses that are relatively high odds early into the season, months before the Cheltenham Festival comes around. There is an element of risk with this, as their selected horses might not even run in the race they’ve predicted them to run in.

Ante-Post Doubles

Paddy Power are offering enhanced prices on ante-post doubles ahead of the 2024 Cheltenham Festival, which are highly likely to prove popular amongst bettors using their site. Below, you’ll find a few examples of what they have available on Paddy Power.

Non-Runner Money Back

Betting on horses with sizeable prices in the ante-post betting markets is becoming increasingly popular amongst punters heading towards the Cheltenham Festival, as it offers insurance to punters looking to cover themselves with the bets they’re placing.

However, with the majority of ante-post betting markets, if your selected horse doesn’t run in the race you’ve backed it to win in, then your bet will be classed a loser before it’s even taken place, which is far from ideal.

However, Paddy Power offers its customers a Non-Runner Money Back guarantee on the Cheltenham Festival, which is a positive. It means that even though the price might be slightly shorter compared to the ante-post betting markets, punters will receive their money back if their horse doesn’t run through the Non-Runner Money Back promotion.

Paddy Power’s Performance At The UK Bookmaker Awards

The UK Bookmaker Awards provides MyBettingSites with in-depth data based on large-scale surveys that have been conducted over the year. If you’re keen to find out more about the awards process, head over to the MyBettingSites homepage.

Paddy Power came 21st in the Overall Sports Bookmaker UK category at the 2023 UK Bookmaker Awards, which certainly was a surprise, although it’s worth remembering that it factors in market selections from football, and not horse racing, so it doesn’t give the clearest reflection on their horse racing section, which we feel is a strong area of their site.

They came 11th for horse racing odds, and were better than the likes of Sky Bet, Betfred, and Betway when focusing on Cheltenham odds in particular.

CategoryPaddy Power Rank
Football Odds20th
Horse Racing Odds11th
Banking17th
Betting Experience11th
Customer Service14th
Welcome Bonus17th
Market Selection20th
Overall21st

Paddy Power Cheltenham Odds

Paddy Power is competitive with their odds compared to the likes of bet365 and William Hill, which is also the case at the Cheltenham Festival. Below, we’ve listed the odds for the 2024 Cheltenham Gold Cup on Paddy Power.

2024 Cheltenham
Gold Cup Horses
bet365 bonus codebet365 bonus codeWilliam Hill logo
Galopin Des Champs5/4F11/10F5/4F
Gerri Colombe9/110/18/1
Shishkin11/213/26/1
Fastorslow9/29/24/1
L’Homme Presse14/112/114/1
Bravemansgame12/116/114/1
Gentlemansgame16/116/116/1
Corach Rambler20/120/120/1
Monkfish20/125/116/1

Odds displayed are correct as of 2:42 pm, Monday 11th March, 2024. Odds are subject to change. 

How To Bet On Cheltenham At Paddy Power

Paddy Power are a horse racing specialist, and it couldn’t be easier in placing a bet on Cheltenham with this operator. However, if you’re still struggling with the process, then we’ve provided a step-by-step guide on how to place a bet on Cheltenham with Paddy Power. Follow this guide, and you’ll be on your way to hopefully winning some money at the 2024 Cheltenham Festival.

  • Click here to be directed to the operator’s site.
  • Log into your account with the username and password you created when signing up with Paddy Power.
  • Click on the ‘Horse Racing’ tab, which is on the left-hand side of the screen.
paddy power sign up
  • Click on the ‘Cheltenham’ heading on the toolbar at the top of the horse racing page.
- 2024
  • All of the races can be found on this page, and for this example, we’re going to place a bet on Facile Vega to win the Supreme Novices’ Hurdle, so we’ll click on the odds offered for this horse to win.
paddy power how to sign up
  • Choose your stake, and whether you want to make it an each-way bet or not.
  • Click on the ‘Place Bets’ button, which is coloured green on Paddy Power’s site.

Paddy Power Cheltenham Betting Tips

Gerri Colombe to win the Cheltenham Gold Cup @ 9/1

Gerri Colombe won by a neck at Down Royal recently, in what was a hugely impressive run on the final straight. This horse beat Envoi Allen, Conflated, and Minella Indo to win that race, and will be looking to continue to build on that strong performance heading towards the Cheltenham Festival. Galopin Des Champs will pose a serious threat to Gerri Colombe’s chances of winning the 2024 Cheltenham Gold Cup, but if at their best, this horse has every chance of springing a surprise.

Paddy Power Cheltenham Live Streaming

The Cheltenham Festival is broadcast live on ITV throughout the week, and so they’ll be showing most of the action, but if you wish to do so, you can still watch the action live on Paddy Power. You’ll be pleased to know that you only have to have an account with funds in to watch the action live on your selected device on Paddy Power.

With a high-quality live streaming service on horse racing events throughout the year, Cheltenham is no different, and you certainly won’t be disappointed with the coverage that you can witness from your device throughout the 2024 Cheltenham Festival.

Paddy Power Cheltenham Offers FAQ

More Cheltenham Offers

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Bookmaker Cheltenham Offers