Betting Guides

The 2026 Cheltenham Festival is fast approaching, and as always, all of the UK’s top bookmakers are competing to provide new customers with the most enticing sign-up offers.

Paddy Power have released two promotional offers in recent days, which could provide new customers with £60 worth of free bet credits to enjoy during the festival.

One of the offers can be accessed any time this week, while the other is only available until 14:00 UK time on day one of the festival.

Offer 1: 60/1 on Lulamba or Kopek des Bordes to win the Arkle

paddy power cheltenham arkle offer

Paddy Power are offering new customers enhanced odds of 60/1 on Lulamba or Kopek des Bordes to win the Arkle on day one at Cheltenham.

The Arkle Challenge Trophy Chase is set to get underway at 14:00 on day one, and Lulamba and Kopek de Bordes are currently the two favourites to win the race.

To be eligible for this offer, you must sign up for a new Paddy Power account using either of these two promo codes:

  • YHRCHX – If you want to bet on Lulamba
  • YHRCID – If you want to bet on Kopek des Bordes

Once your account has been created, you need to deposit a minimum of £5 and then place a maximum £1 stake on the horse of your choice.

If your bet is successful, you will receive a payout in cash based on the normal odds at the time of your bet, with the extra amount up to £60 being paid in free bet builder credits. F

For reference, at the time of writing, Lulamba is priced at 13/8 to win the Arkle. If you were to bet on him at this price, you would receive £2.63 in cash and £57.37 in free bet builder credits.

This bet builder allowance can be used on any sport for 30 days. You don’t have to use it all in one go, allowing you to spread the balance out across several events and sports.

Who will win the Arkle?

The general consensus is that this race is going to be won by either one of these two horses, but there isn’t much to split them.

Kopek des Bordes has looked good in recent outings and won last year’s Supreme Novices’ Hurdle at Cheltenham, which just about gives him the edge over Lulamba.

Offer 2: Bet £10 get £60

paddy power cheltenham bet 10 get 60 offer

Paddy Power’s alternative promotion for new customers is a simple bet £10, get £60 offer.

To qualify for this offer, you must register for a new Paddy Power account using the code YHRCHW and then deposit at least £10.

Once you have the money in your account, place a £10 bet on any Cheltenham market with odds of 1/1 (2.00) or greater. Within 24 hours of this bet settling, you will receive six free bets worth £10 each.

These free bets can only be used on bet builders, accumulators and multiples, but they can be used on any sports market, making this a brilliant offer for bettors with interests outside of horse racing.

All recipients of the free bets will have 30 days to use them before they expire. Therefore, if you use your £10 qualifying bet on Cheltenham on Tuesday, you should have the free bet credits assigned to you in time for the UEFA Champions League action this week.