Betfair Cheltenham Offers For New & Existing Customers 2024
Last Updated on March 26, 2024
By Jacob Potter 
The Betfair Cheltenham offer gives new customers £20 in free bets when they deposit and wager funds of £10 on a selection with minimum odds of 1/2 (1.50).
On this page, you’ll find everything you need to know about Betfair Cheltenham offers, including odds, Cheltenham specials, and much more!
Betfair Cheltenham Offers
Betfair’s Cheltenham offer allows new customers to obtain £20 in free bets to use on their site. All you have to do to get the free bets on offer is deposit and wager funds of at least £10 on a betting market with minimum odds of 1/2 (1.50). Regardless of the outcome of the qualifying bet, you’ll be credited with the £20 in free bets to use on Betfair.
If you’re looking for more free bets, check out our Cheltenham betting offers page that covers everything for the event.
Cheltenham Specials
There are plenty of new and existing customer promotions available with Betfair, and we’ll take you through the best of what this operator has to offer ahead of the 2024 Cheltenham Festival.
Extra Place Races
Betfair pays out on extra places at races in the Cheltenham Festival, which often proves popular amongst bettors that are placing each-way bets. It provides them with more insurance behind their betting selections, and is a popular promotion across many different betting sites. Below, you’ll find a breakdown of how the extra places are calculated on Betfair.
- Applies to singles and multiple bets.
- If there are less than 16 starters, we will pay 4 places.
- If there are less than 8 starters, we will pay 3 places.
- If there are less than 6 starters we will pay 2 places.
Non-Runner Money Back On All Races
The Non-Runner Money Back promotion applies to bets that are placed after 14:00 on Tuesday 21st February on all 2024 Cheltenham Festival races. This promotion also applies to ante-post betting markets only for the 2024 Cheltenham Festival, and in-play bets don’t count towards this offer.
It’s also worth remembering that the Best Odds Guaranteed promotion doesn’t apply to ante-post bets.
Betfair’s Performance At The UK Bookmaker Awards
Betfair may have come tenth in the Best Horse Racing Odds category, but there were plenty of plus points. For starters, they were one of the only betting sites to compete with bet365 on odds for the smaller meets. bet365 dominated, coming first for over 50 of the meets that the Bookmaker Awards covered when collecting data, but of the events where bet365 didn’t come first, Betfair came first in nine, more than any other operator. Their only fault was that didn’t cover as many races as some other competitors and didn’t compete as well in the major events, such as Cheltenham.
Overall, Betfair came 8th in the Best Sports Bookmaker category. This takes a combination of all the scores from each section to reveal the best betting sites. bet365 are the site to beat, having won the award in both 2023 and 2022.
If you’re looking to find out more about the UK Bookmaker Awards, check out the MyBettingSites homepage, which covers the process of how the data was collected.
| Category | Betfair Rank |
| Football Odds | 2nd |
| Horse Racing Odds | 10th |
| Banking | 6th |
| Betting Experience | 6th |
| Customer Service | 16th |
| Welcome Bonus | 14th |
| Market Selection | 16th |
| Overall | 8th |
Odds
One of the feature races at the Cheltenham Festival is the Cheltenham Gold Cup, which is one of the most popular races for punters to wager their funds on. Below, we’ve listed you with the Betfair odds for the 2024 Cheltenham Gold Cup.
- Galopin Des Champs @ 10/11
- Gerri Colombe @ 11/2
- Fastorslow @ 13/2
- L’Homme Presse @ 12/1
- Corach Rambler @ 16/1
- Bravemansgame @ 20/1
- Monkfish @ 20/1
- Gentlemansgame @ 28/1
Odds displayed are correct as of 12:52 pm, Friday 15th March, 2024. Odds are subject to change.
How To Bet On Cheltenham At Betfair
You’ll be pleased to hear that it’s a relatively straightforward process when it comes to placing a bet on Cheltenham at Betfair. However, if you’re still struggling, follow our step-by-step guide.
- Click here to be directed to the operator’s site.
- Log into your account with the username and password you created when signing up to Betfair.
- Click on the ‘Horse Racing’ tab on the top of the screen.
- Click on the ‘Future Races’ tab to find the Cheltenham races. However, in the week of the Cheltenham Festival, you’ll find the betting markets under the ‘Today’ and ‘Tomorrow’ heading.
- Choose which race and horse you want to place a bet on.
- Choose your stake, before clicking the ‘Place Bets’ button, which is coloured yellow.
Betfair Cheltenham Live Streaming
You can watch the action at Cheltenham live through Betfair’s live streaming service, which is available to customers that have an account with funds in, or one that they’ve placed a bet with a minimum stake of £1. The live streaming service on Betfair includes commentary, and with it being of great quality (dependent on internet connection), it makes for a pleasant user experience.
Alternatively, you can access the majority of the races taking place at the Cheltenham Festival on ITV, who are broadcasting the action live, which allows punters to watch the action from their selected device.
Betfair Cheltenham Offers FAQ
What is the Betfair Cheltenham offer?
The Betfair Cheltenham offer allows new customers to get £20 in free bets when they deposit and wager funds of at least £10 on a selection with minimum odds of 1/2 (1.50).
Are there existing customer offers for Cheltenham on Betfair?
Extra Places, Enhanced Odds, Non Runner Money Back, and free bets are just some of the existing customer offers that are available on Betfair, and they’re well-worth taking advantage of ahead of the Cheltenham Festival.
