Use Betfred bonus code FRED40 when you sign up to receive up to £60 in free bets across Cheltenham Festival week. It’s a great way to start your betting journey in a week that also includes some mouthwatering Europa League action.
How to claim up to £60 in free bets with Betfred’s Cheltenham betting offer
Although Betfred’s sign-up offer ahead of the Cheltenham Festival offers you an already impressive £40 worth of Betfred free bets, you can actually double that and earn yourself up to £60 if you follow the steps below.
- Click here and you’ll be taken directly to Betfred’s site.
- Once you’re happy with the T&Cs of the offer, tap the Claim Here button to start the registration process.
- On doing so, you’ll see a message pop-up confirming that Betfred Promo Code FRED40 has been added.
- Complete the Betfred registration form with your personal and contact details.
- Make your first deposit and place a qualifying bet on the first race on Wednesday.
- £50 in Betfred free bets will be credited once the qualifying bet has been settled – that’s £40 for the welcome offer + £10 for betting on the day’s first race.
- On day 4 of the Cheltenham Festival, place another £10 bet on the first race of the day to receive a further £10 free bet.
- You’ll have earned yourself a total of £60 in Betfred free bets – a £40 welcome offer + an additional £10 free bet each day of the Festival.
Cheltenham Festival Day 3 preview
Now you know how to get your hands on up to £60 in Cheltenham free bets, the next job is to work out who to back. Check out our preview below as we dive into the first race of the day.
Ryanair Chase preview (Thursday 4pm)
The 2026 Ryanair Chase at the Cheltenham Festival is shaping up to be a thriller, with Willie Mullins’ defending champion Fact To File leading the nine-runner field as the odds-on favourite. Fresh off a dominant victory in the Irish Gold Cup, his natural cruising speed and accurate jumping make him the clear horse to beat over this 2m 4f trip.
The biggest threat comes from Nicky Henderson’s star Jonbon, who brings immense class as he steps up in distance for this contest. Last year’s runner-up Heart Wood and the high-class Impaire Et Passe are also hoping to upset the favourite. While Fact To File sets a massive standard, the depth of this field makes it an unmissable clash.
| Ryanair Chase runners | Betfred Cheltenham Festival odds |
|---|---|
| Fact To File | 11/10 |
| Jonbon | 4/1 |
| Impaire Et Passe | 5/1 |
| Banbridge | 7/1 |
| Heart Wood | 14/1 |
| JPR One | 40/1 |
| Matata | 50/1 |
| Master Chewy | 100/1 |
Queen Mother Champion Chase (Today 4pm)
Fact To File is the current favourite for the big race today, but Jonbon is being backed by a lot of punters in the build up. Many believe that the conditions of the ground could suit Jonbon, who is 4/1.
Trained by Willie Mullins, Fact to File has established himself as a dominant force at the Cheltenham Festival, capturing impressive victories in both the 2024 Brown Advisory Novices’ Chase and the 2025 Ryanair Chase. As the heavy favorite for the 2026 Ryanair Chase, the star gelding is looking to successfully defend his title and further cement his legacy as an elite middle-distance chaser.
- Great Loyalty program
- Range of horse racing promotions available
Betfred Cheltenham Festival sign-up offer – Key Terms
| Bonus Amount | £40 initially, rising to up to £60 |
| Betfred Promo Code | FRED40 |
| Minimum Wager | £10 initially |
| Minimum Odds | 1/1 |
- Great Loyalty program
- Range of horse racing promotions available
