Betfred bonus code FRED40: Get up to £80 in Cheltenham free bets

Use Betfred bonus code FRED40 when you sign up to receive up to £80 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 Champions League action.

How to claim up to £80 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 £80 if you follow the steps below.

1. Click here and you’ll be taken directly to Betfred’s site.
2. Once you’re happy with the T&Cs of the offer, tap the Claim Here button to start the registration process.
3. On doing so, you’ll see a message pop-up confirming that Betfred Promo Code FRED40 has been added.
4. Complete the Betfred registration form with your personal and contact details.
5. Make your first deposit and place a qualifying bet on the first race on Tuesday.
6. £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.
7. On day 2 of the Cheltenham Festival, place another £10 bet on the first race of the day to receive a further £10 free bet.
8. Repeat the process on days 3 and 4, placing further £10 bets on each day’s opening race.
9. You’ll have earned yourself a total of £80 in Betfred free bets – a £40 welcome offer + an additional £10 free bet each day of the Festival.

Cheltenham Festival opening race preview

Now you know how to get your hands on up to £80 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 two races of the day.

Supreme Novices Hurdle preview (Tuesday 1.20pm)

The Supreme Novices’ Hurdle gets the Cheltenham Festival underway on Tuesday, with a competitive field of 12 lining up for the traditional opening contest. The Grade 1 two-mile race brings together many of the best British and Irish novice hurdlers and looks set to be a high-quality renewal.

Much of the early attention has centred on Old Park Star, an unbeaten runner from the yard of Nicky Henderson who impressed with a Grade 2 victory at Haydock. However, with the race looking particularly deep this year, others in the field may offer greater appeal.

One of those is Mighty Park, trained by Willie Mullins. The French import made a striking impression when winning by 38 lengths on his stable debut at Fairyhouse and is thought to be highly regarded at home. Despite limited experience, he could prove a serious contender in the Festival opener.

At bigger odds, Baron Noir is another to note. Trained by Alan King, he has shown steady improvement this season and impressed when winning at Kempton in January. If the race is run at a strong pace, he could be capable of outperforming his price and getting involved.

Supreme Novices Hurdle runners	Betfred Cheltenham Festival odds
Old Park Star	9/4
Talk the Talk	5/1
Mighty Park	7/1
Sober Glory	15/2
Mydaddypaddy	17/2
El Cairos	9/1
Leader Dallier	14/1
Baron Noir	45/1
Koktail Brut	50/1
Eachtotheirown	50/1
Too Bossy For Us	50/1
Sageborough	250/1

Arkle Challenge Trophy Novices’ Chase (Today 2pm)

The 2026 Arkle Challenge Trophy Novices’ Chase sets the stage for a classic Willie Mullins versus Nicky Henderson showdown. Last year’s Supreme Novices’ Hurdle hero, Kopek Des Bordes, and Henderson’s formidable Lulamba, who arrives with a flawless chasing record following a brilliant Grade 2 Game Spirit victory, are the two favourites. They do face fierce competition from Gordon Elliott’s Romeo Coolio, who recently downed Mullins’ highly-regarded Kargese in the Irish Arkle, alongside Sam Thomas’s rapidly improving Steel Ally. With Lulamba carrying immense stable confidence, a Tuesday triumph would be a great way for Henderson to start the week.

Betfred Cheltenham Festival sign-up offer – Key Terms

Bonus Amount	£40 initially, rising to up to £80
Betfred Promo Code	FRED40
Minimum Wager	£10 initially
Minimum Odds	1/1