Promotional offers for the 2026 Cheltenham Festival are coming in thick and fast, and the latest bookmaker to drop a promo is Betfred.
As always, the festival is expected to be full of thrills and spills, and after the bookies dominated punters at last year’s meeting, could revenge be on the cards this year?
One way to guarantee you can’t lose to the bookies this year is to take advantage of promotional offers. Let’s take a look at what Betfred are offering below.
Get £40 of free bets on Betfred
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Betfred are offering new customers the chance to win up to £40 in free bets this week.
To claim this offer, you must sign up for a new Betfred account using the promo code FRED40 before 23:59 on Friday, 13 March.
Once you are in, you need to deposit a minimum of £10 into your account and place a bet worth £10 or more on any sports market with odds of 1/1 (2.00) or greater.
Within 24 hours of this qualifying bet settling, your account will be credited with £40 worth of free bets. Within this allowance, you are required to use £20 on any sports market and the other £20 on accumulators (four or more selections) only.
Any free bets that haven’t been used after seven days will automatically expire, so ensure you get them all used this week, whether that be on horse racing or any other sports market.
Betfred’s promotion for existing customers
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Unlike some bookmakers, Betfred are not leaving existing customers out of its promotions this week, with the company keen to reward loyalty.
On each day of Cheltenham (Tuesday – Friday), all Betfred customers can claim a £10 free bet by opting into the ‘Cheltenham Daily £10 Free Bet’ promotion and placing a win or each way bet worth £10 on the 13:20 race every day at Cheltenham.
Please note that all qualifying bets for this promotion must be singles, and they cannot be from Betfred’s specials markets.
Once the qualifying bet has settled, all eligible customers will receive a £10 free bet that must be used on Cheltenham on the same day. As the 13:20 is the first race of the day each day, this gives you six other races to pick from.
Free bets should be credited straight away, and they will expire after midnight each day if unused.