
If you're looking to claim some free bets and join a new bookmaker, the Betfred bet £10 on race 1, get £50 in free bets promotion is an excellent choice. It's as simple as it sounds, sign up to Betfred using the button above, bet £10 on the first race of any day of Cheltenham, and you'll get £50 in free sports bets.
There's some additional guidance below on how to claim the offer, as well as some additional information on Betfred, and our own rating of the popular UK bookmaker.
If you're looking for free bets for the 2026 Cheltenham Festival, Betfred's bet £10 on race 1, get £50 in free bets is a good place to start. This offer is one of the most generous on the market, with many other bookies offering £30 or £40 for a £10 deposit.
There are ante-post markets live for every race of the 2026 Cheltenham festival with Betfred, now is a great time to place your ante-post bets ahead of the festival. Ante-post betting can provide plenty of value, with selections often priced much shorter on the day of the race. However, it's important to bear in mind that odds can drift too, and you can lose your money on ante-post betting if your selection doesn't run.
With Betfred's new customer offer, you can claim £50 in free bets to bet on the Cheltenham Festival when you join and bet £10 on race 1. You'll have 7 days to spend the free bets, so you can utilise Betfred's ante-post markets if you want to use your bets on Cheltenham.
Betfred also has a wide range of football markets, as well as betting markets on darts, NFL, and boxing, so you can wager your free bet on plenty of other sporting events, too.
For more Cheltenham Festival free bets, there's also a bet365 Cheltenham Festival Free Bet Offer live, while you can get Best Odds Cheltenham Free Bets, Unibet Cheltenham Free Bets, and BetMGM Free Cheltenham Bets, too.
We also recommend the Dabble Cheltenham Sign Up Offer and William Hill Cheltenham Sign Up Offer, as well as the Ladbrokes Cheltenham Sign Up Offer and BoyleSports Cheltenham Offer.
There's also a Sky Bet Cheltenham Festival Free Bet Offer live, as well as an SBK Cheltenham Festival Free Bet Offer, MogoBet Cheltenham Offer, 7bet Cheltenham Offer, JeffBet Cheltenham New Customer Offer, and a Betway Cheltenham New Customer Offer.
That's not all, there's also a wide range of generic free bet offers available, offering new customers a mix of horse racing free bets, football free bets, darts free bets, and more. Here's a list of the best new customer free bet offers:
Yes, you can use your Betfred free bets on the Cheltenham Festival. You’ll get £50 in free bets when you join and bet £10. The £50 in free bets is split up into:
1 x £10 free bet
£20 sports free bets
£20 acca free bets
So, you'll be able to spend your £50 in free bets in the ante-post markets for the Cheltenham Festival, as singles or multiples.
Yes, you can use your £50 in free bets on the 2026 Cheltenham Gold Cup. When you join Betfred, you’ll get £50 in free bets after you bet £10 on race 1. You can use your free bets to bet on the Cheltenham Gold Cup, or a range of other races and sports.
This will vary across bookmakers, but Betfred's offer allows you to withdraw any free bet winnings easily. Once your free bet is settled, if you have any winnings in your account, you can withdraw them to your bank quickly and easily.
Your free bet stake won't be included in any winnings, so for example, if you use your £10 free bet on a horse to win at 4/1 and the horse wins, rather than getting £50 in winnings, you'll get £40, as the free bet stake is deducted.
Often yes, but this depends on each bookmaker, and it's always worth checking. For the Betfred new customer offer, which gives new customers £50 in free bets when you join and bet £10 on race 1, the minimum odds on your £10 qualifying bet are Evens (2.00).
One way to use your free Cheltenham Festival bets is by browsing our Cheltenham Festival Betting Tips on Andy's Bet Club. We have Cheltenham Festival Ante-Post Tips live, as well as Cheltenham Gold Cup Ante-Post Tips and Cheltenham Festival Bankers.
On ABC, we’ll have tips and NAPs for every day of the festival, you can also see today’s Horse Racing Predictions here.
Betfred is one of the best betting sites for Cheltenham Festival betting. They have a wide range of ante-post markets live for the four day festival, and will be offering markets for every single race of the meeting.
You can back horses to win and each-way at the Cheltenham Festival with Betfred, as well as being able to place doubles, accas, lucky 15s, and more.
The Betfred sign up offer is simple. New customers get £50 in free bets when they join Betfred and bet £10.
✅ Join Betfred
💰 Bet £10 on Race 1 on any day of the festival
Get £50 in Free Bets
Getting started with the Betfred sign up offer takes only a couple of minutes. Follow these steps:
Step 1: Create Your Betfred Account
Click the link above. Fill out your personal details such as name, address, email, and contact information to create your new account.
Step 2: Deposit and Bet £10
You’ll then need to deposit £10 or more, and place a £10 bet at minimum odds of Evens (2.00) on race 1.
Step 3: Get £50 in Free Bets
Once your £10 initial bet is settled, you’ll receive £50 in free bets.
You’ll then have:
7 days to spend your free bets.
Some bookmakers require new customers to enter a code when joining, in order to unlock free bets. However, there is no need to do this with Betfred.
There is no sign up code to enter to unlock your free bets, this makes claiming your free bets even faster and easier. Simply join Betfred using the link above, and get £50 in free bets when you bet £10 on race 1.
Before joining Betfred, here are the most important T&Cs to know on the welcome offer:
Requirement | Details |
Minimum qualifying bet stake | £10 |
Minimum odds to unlock Free Bets | Evens (2.00) |
Eligible customers | New UK customers only |
Free bet expiry | 7 days |
Free bet returns | Stake not returned; winnings withdrawable |
Cash-out bets | Excluded from qualification |
Betfred reserves the right to amend or withdraw the offer at any time to comply with regulations or prevent misuse.
The £50 in free bets is split up into 1 X £10 free bet, £20 sports bets and £20 accumulator bets, and be used on any sport of your choice, including the Cheltenham Festival.
The free bet stakes are not returned with winnings.
You can withdraw any real-money winnings earned from the free bets immediately.
Pros and Cons of the Betfred Welcome Offer
✅ Pros
Generous free bet offer of £50 - most other bookmakers offer £30 or £40
Strong flexibility in terms of how you spend your free bets
❌ Cons
7 day expiry on free bets
Here’s how Betfred's new customer offer compares with rival sign-up offers:
Bookmaker | Welcome Offer | Bonus Type | Total Bonus | Code Needed? |
Betfair | Bet £10, Get £50 in Free Bets | Sports | £50 | ❌ No |
Paddy Power | Bet £5, Get £30 in Free Racing Bets | Sports | £30 | ❌ No |
William Hill | Bet £10, Get £40 in Free Bets | Sports | £40 | ❌ No |
bet365 | Bet £10, Get £30 in Free Bets | Sports | £30 | ❌ No |
BetMGM | Bet £10, Get £40 in Free Bets | Sports | £40 | ❌ No |
After you've joined Betfred and wagered your free bet, there are plenty of features and offers for existing customers.
🚀 Odds Boosts - Regular Odds Boosts on football and horse racing markets, including for the Cheltenham Festival
🏇 Best Odds Guaranteed on all UK racing, including the Cheltenham Festival
🐴 Non-Runner No Bet for the Cheltenham Festival 2026
💰 Regular Money Back Offers on horse racing and football
⚽ Acca Flex, Bet Builder Boosts, and 2 Goals Ahead Early Payout for football bettors
💸 Win cash prizes with Beat Fred and Goal Builder+
These promos, alongside ongoing boosts and price enhancements, make Betfred one of the most rewarding bookmakers for active sports bettors.
Betfred is one of the UK's most well respected bookmakers for betting on football and horse racing.
Licensed by the UK Gambling Commission, Betfred combines safety, generous new and existing customer offers, and excellent customer service with an easy-to-navigate and slick betting platform, for an excellent betting experience for Betfred bettors.
Highlights:
Strong new customer offer of bet £10, get £50 in free bets
Excellent promotions for existing customers, including Acca Flex, Odds Boosts, Money Back Offers, Best Odds Guaranteed, NRNB for Cheltenham Festival, and more
Excellent free-to-play offering, with Beat Fred, Goal Builder+, and more
One of the UK's leading bookmakers for sports betting
Betfred withdrawals are quick and easy, while withdrawal time depends on your payment method. Debit card withdrawals are processed within 4 hours, while PayPal, Neteller, and Skril withdrawals are processed within 6 hours. Bank transfer withdrawals can take up to 2 banking days.
Yes, Betfred are a completely safe and legit bookmaker, licensed with the UK Gambling Commission, as are several leading UK bookies, including Paddy Power, Betfair, SkyBet, BoyleSports, and William Hill.
Betfred provide excellent odds and a range of betting markets across horse racing, football, darts, tennis, and more.
The Betfred sign up offer stands out as one of the best new customer offers on the market. With a £10 deposit required, you can bag a huge £50 in free bets for the Cheltenham Festival. Sign up above to unlock your free bets. Simply join Betfred, bet £10, and get £50 in free bets.
Betfred's excellent existing customer features, including regular Odds Boosts on racing and Best Odds Guaranteed, make this sign up offer even more appealing. Betfred also offer money back promotions for horse racing, as well as Rewards4Racing, extra places for each-way bettors, and Non-Runner No Bet for the Cheltenham Festival.
Betfred also have a strong football offering, with Bet Builder Boosts, Acca Flex, and a range of free-to-play games where you can win free bets.
Offer | Sign Up, Bet £10 & Get £50 in Free Bets |
Minimum Deposit | £10 |
Minimum Odds | Evens (2.00) |
Free Bet Expiry | 7 days |
Wagering Requirements | £50 in free bets |
Promo Code | N/A |
Eligible Users | New UK Customers |
Regulator | UK Gambling Commission |
Final Verdict:Rating: 4.8 / 5
The Betfred sign up offer stands out as an excellent option for any bettor looking to open a new account for the Cheltenham Festival. With a generous £50 in free bets up for grabs from a £10 deposit, this offer is one of the strongest on the market.
You also get a good amount of flexibility with this offer, with your £50 in free bets split up nicely. You aren't limited on what sports you spend your free bets on. Betfred's excellent existing customer promotions make this new customer offer even more appealing.