It's day one of Cheltenham Festival, the biggest day of the year for bookmaker offers as they all compete for your business.

I've collated the best five available right now, most of these will not be available later this week so now is a good time to take advantage of some very generous new customer offers.

A very good offer from the biggest bookmaker in the world - sign up and bet £10 and you'll get £50 in free bets.

There's more though, bet365 are also giving existing customers four £5 free bets throughout the Festival.

So if you register an account now, deposit and bet £10 you'll get £50 in free bets and a £5 free bet every day during Cheltenham Festival.

If you choose to sign up I would be £10 on the first race then use the £50 of free bets throughout the day, or you can save some and use on Champions League at night!

Whatever you decide to do, good luck. Remember, if you need any help with horse racing bets there are two expert prediction articles live on the Cheltenham Festival page.

Sign up and claim your £50 in Free Bets.

Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

This offer is perfect for Day One - place a £10 bet on the first race (13:30) and you'll get a £10 free bet for each of the remaining six races (£60 of free bets).

What I like about this offer is you only need one of your seven horses to win and you've probably made a profit - if they all lose you've only staked £10 cash and had a day of fun covering all seven races.

After your £10 bet on the first race is settled, your account will be credited with free bets to use on the remaining six races: 14:10, 14:50, 15:30, 16:10, 16:50, 17:30.

If you need help picking which horses to go for, there's no better place to look than on my Twitter or the Cheltenham Festival page, I've hired three experts to help us all with Cheltenham tips this week.

Sign up and claim your £60 in Free Bets.

New customer offer. Bet £10 on SBK on Race 1 at Cheltenham, Tuesday 15th March. Get a £10 free bet for each of the remaining races on the card (£60 in total). Only deposits with Cards apply (Apple Pay deposits excluded). T&C apply.

LiveScore Bet is a relatively new Sportsbook so I imagine most of you won't yet have an account, now is the time to grab one.

The offer is usually only 'Bet £10, Get £20' but the free bets have been doubled ahead of Cheltenham.

Sign up, bet £10 on any sports bet at minimum odds 1.50 (1/2) and you'll get four £10 free bets.

The free bets are credited upon settlement of your £10 bet and they can be used on any sport.

£40 of free bets gives you a £10 free bet every day during Cheltenham Festival, that covers a daily accumulator.

Sign up to Live Score Bet and claim your £40 in free bets.

New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds between 00.01 14/03/22 and 17.30 17/03/22. 4 x £10 Free Bet Tokens: accept before 17.30 17/03/22, valid for 7 days from crediting (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org. 18+.

Similar to LiveScore Bet, I included Virgin Bet because most of you won’t have an account, it’s a reputable brand and the sign up offer is actually quite good.

It’s usually Bet £10, Get £20 in Free Bets but for Cheltenham they’ve increased it to Bet £10, Get £30 in Free Bets.

If you sign up, bet £10 at minimum odds of 1.50 (1/2) and you’ll get three £10 free bet tokens that can be used on any sport.

So, for example, you can bet £10 on the first race and have three £10 free bet tokens for the rest of the day or rest of the week.

Sign up to Virgin Bet and claim your £30 in free bets.

18+ *New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds between 00.01 10/03/22 and 13.30 15/03/22. 3 x £10 Free Bet Tokens: accept before 3.30 15/03/22, valid for 7 days from crediting (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org T&Cs apply

Join Betfred, bet £10 on sports at odds of 2.00 (evens) or above and you’ll get £60 in bonuses.

The £60 in bonuses are split as follows: £20 credited for sports betting, £10 credited for Lotto, £10 for Free Spins (all credited within 48 hours of the qualifying bet being settled).

Then the extra £20 in free bets will be credited five days after the qualifying bet has been settled. So basically, you’re getting £40 of free bets to be used on sports (any sport), £20 for online casino.

It isn’t ideal having to wait five days for the additional £20 in free bets but at least you’ll know it’s coming and can use it this weekend or next week on football.

I don’t like casino bonuses so either use them and walk away or don’t use them at all. It can be a slippery slope betting on things like online roulette or slots.

Sign up and claim your £60 in bonuses, use promo code: BETFRED60.

New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.

So there we have it, my five favourite new customer offers ahead of Cheltenham Festival 2022.

To summarise:

• bet365: Bet £10, Get £50 in Free Bets (18+, Ts&Cs apply)
• Betfair: Bet £10, Get £60 in Free Bets (18+, Ts&Cs apply)
• LiveScore Bet: Bet £10 Get £40 in Free Bets (18+, Ts&Cs apply)
• Virgin Bet: Bet £10, Get £30 in Free Bets (18+, Ts&Cs apply)
• Betfred: Bet £10, Get £60 in Bonuses (18+, Ts&Cs apply)

Please make sure you always gamble responsibly and keep it fun.

Good luck with all your bets.