Cheltenham Betting Guide 2021: Best Free Bets, Offers & Predictions

Cheltenham is one of the foremost racing festivals that take place in the UK. The festival often coincides with St. Patrick’s Day, making it a grand occasion that attracts a lot of international attention. The atmosphere is great and racing fans are glued to the action given it can give a good indication of which horse will win the prized Grand National later in the year. So we prepared this Cheltenham Betting Guide so that you will learn everything about it!

Cheltenham Betting Guide: Offers and Promotions

Cheltenham 2021 OffersBonuses and Free BetsCheltenham Promo Code
Matchbook Get Up to £20 in CASH CASHMATCH
Ladbrokes Earn up to £30 for FREE* GET PROMO CODE
Coral Get £30 in FREE Bets** GET PROMO CODE
William Hill Win Up to £100 GET PROMO CODE
BetVictor £35 in FREE Bets GET PROMO CODE

*18+. New UK + IRE customers. Min first bet £10. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days.T&Cs Apply.

**18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £10 at odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. T&Cs Apply.

Bonuses and Welcome Offers: The Cheltenham Edition

If you are considering placing a bet, you’ll want to find the very best free bets and bookmakers that are out there on the market. Take your time and feel free to browse – here’s a closer look at some of the key players on the market.

Coral: This booker might be most known for its casino but it is entering the horse betting market with very interesting offers. The welcome package is £30 in free bets but you will also have some of the best odds in the market. Use the Coral Promo Code in order to activate them.

18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £10 at odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. T&Cs Apply.

William Hill: William Hill offers £30 in free bets to those new customers who pace a minimum bet of £10. This offer isn’t as favorable as the one above, but it might turn out that the odds you’re looking for are better with William Hill. Always better to compare!

New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.

Matchbook: Exchange betting at Matchbook allows players to bet against their peers on either a back or lay basis. Market liquidity is certain to be high during the Cheltenham Festival, meaning you can get some of the best odds available.


Paddy Power: One of the most known bookmakers in the UK but also worldwide. They have a lot of offers on horse betting and we could say that they kinda specialize in it. The welcome offer is pretty classic at £30 in free bets. There are though other more interesting promotions you can check.

New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards, ApplePay or Paypal will qualify for this promotion. T&Cs apply. Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.

BetVictor: BetVictor is a big name on the racing scene. It uses Cheltenham Festival as a big opportunity to attract new customers and is currently offering an amazing £30 in free bets and bonuses when a bet of £5 is placed initially. This is a great way to get in on the action and boost your winnings.

New customers bet £5 get 2x £10 Free Bets + £10 Casino Bonus wager 35x to withdraw winnings, 7 day expiry. Credit/Debit card only. Click here for T&Cs. 18+

Betting Tips For Cheltenham

The Cheltenham Festival is a four-day horse racing meet that takes place in March. The festival is one of the biggest jumps races events in the world and is only second to the Grand National in prize money. Each day of the four-day event has one marquee race that attendees look forward to watching and wagering on.

In total, there are 27 races at the Cheltenham Festival which consist of 14 chases, 12 hurdle races, and one flat race. The assortment of races makes it a diverse festival for fans of all types of horse racing.

Each year the Cheltenham Festival gets bigger with more race fans visiting the famous racecourse. The 2018 edition of the Cheltenham Festival drew a total of 262,637 people over the course of its four days. The festival’s top race, the Gold Cup, attracted a sell-out crowd of nearly 71,000 people on the final day alone.

Key Races: Prizes & Odds 

Cheltenham Festival’s biggest race during its four days is the Gold Cup. The race has the ability to make the career of the winning horse and jockey. The Gold Cup’s prize purse is second to the Grand National in the amount of money paid to competitors. In 2019, competitors raced for £625,000 in Gold Cup prize money with the winner (Al Boum Photo) taking home over £351,000.

The Gold Cup is not the only race fans go to see, nor is it the only race that pays out large prize purses. Each day of the festival has one marquee race that attracts top horses, jockeys, and trainers to compete.  On day 1 of the festival, the Unibet Champion Hurdle brings together top Grade 1 horse. The Champion Hurdle payouts out £425,000 in prize money. In contrast, the first day’s lowest paying race is the Novices’ Handicap Chase which awards £70,000 to competitors. The second day of the festival sees more great racing and is headlined by the Queen Mother Champion Chase. The race, which runs just over one mile, is a Grade 1 event and it pays £400,000 in prize money.  Another Grade 1 race, the Ryanair Chase, headlines day 3 awarding £350,000 to the runners. The Stayers’ Hurdle also takes place on day 3 and pays £325,000 in prize money. The Stayers’ Hurdle is the Cheltenham Festival’s oldest race.

Notable Horses: Which Ones to Prefer & Why 

The Gold Cup is the top race at the Cheltenham Festival and horses who can claim first place are often remembered decades later. As it is a top-tier race, the Gold Cup attracts the strongest horses eligible to compete.

The most famous horses to ever win the Gold cup was Golden Miller. Trained by Basil Briscoe and Owen Anthony, Golden Miller won the Gold Cup five straight years between 1932 and 1936. Golden Miller incredibly won the Gold Cup and the Grand National in 1934, becoming the only horse to ever win both events in the same year.  Irish thorough-bred racehorse Arkle won three consecutive Gold Cups between 1964 and 1966. Arkle is one of the most well-remembered racehorses in Ireland and his skeleton can be seen today at the Irish National Stud farm.

Best Mate became a household name in horse racing circles in the 2000s when he won three consecutive Gold Cups. Best Mate accomplished the feat between 2002 and 2004. The English horse was trained by Henrietta Knight and is fondly remembered by race fans.

Notable Jockeys: Key Information to Keep in Mind 

A number of jockeys have made a name for themselves by winning races at the Cheltenham Gold Cup. Perhaps no jockey is more well-known for his wins at the festival than Ruby Walsh. The Irishman has won the most races in Cheltenham Festival history, 59. In 11 different editions of the Cheltenham Festival, Walsh was the top jockey.

Northern Irish rider Tony McCoy won 31 times at the Cheltenham Festival. He twice won the Gold Cup with two different horses. In 1997, McCoy won on the back of Mr Mulligan and again in 2012 with Synchronised.  Barry Geraghty is still racing and could break Walsh’s career Cheltenham Festival record. The jockey has won the second most times at the festival with 38 victories. He has twice won the Gold Cup.

The Cheltenham Festival is always ringed in red on the race calendar. Every March it brings together the best of the best in racing. Thanks to its history, prestige, and prize money, it remains one the biggest race meetings in the world.

History: Interesting Facts You Didn’t Know 

The first Cheltenham Festival officially took place in 1911. The event was held at Prestbury Park in Gloucestershire. At the time of its inception, the Cheltenham Festival was just a two-day race meeting and it wouldn’t grow the 27-race behemoth that it is today until decades later.

Although the festival officially started in 1911, when the Steeplechase Company allowed the National Hunt Meeting to take place at Cheltenham Racecourse, horse racing had a long history in the area. In 1818, the first meeting on Cleeve Hill, which overlooks the Cheltenham Racecourse, saw five races take place. One year later, the race meeting was increased to three days with the final afternoon featuring the first running of the Cheltenham Gold Cup. The race was a three-mile flat-race run by three-year-old horses, and the inaugural Gold Cup was won by Spectre.

Following the official establishment of the Cheltenham Festival in 1911, it grew in popularity, size, and importance to jockeys, trainers, owners, and the public.  In 2005, event organizers expand the Cheltenham Festival to four days. The most important day of them all is Gold Cup Day, which still takes place on the final afternoon of the festival. The success of the four-day format continues to see thousands flock to Gloucestershire every March. Today, the Cheltenham Festival is spoken about in level terms with other great United Kingdom sporting events. While football has the FA Cup Final, horse racing has the Cheltenham Festival. Due to its importance as a yearly sporting event, the UK media devotes hours of time speaking about the event on television and radio along with news stories published in newspapers and on websites.

Live Streaming

Cheltenham attracts a huge amount of international attention and there are many ways to keep up with the action. The event is most commonly broadcast by ITV, so you can check out both the website and the television to catch the action here. If you want to catch the action outside of the country, you might want to install a VPN to gain access. With that said, many bookmakers will also offer live streaming of the event. If you are hoping to watch the action live, you’ll want to make sure that the bookmaker you’re playing with offers this functionality. Most will, but it’s still worth checking.

Key Mobile Applications

Our Cheltenham Festival Betting Guide would be incomplete without a closer look at the mobile applications which are available for the race. Looking to really get into the Cheltenham action? Here are the apps that you can use to get as close as possible.

The Racing Post

This application is one of the key apps that is adored by racing enthusiasts. A huge of features make it a breeze to navigate through the huge wealth of information provided by over 200 horse racing experts. If you want to boost your chances of success, you’ll want to call upon this app while betting on Cheltenham .


Cheltenham Racecourse App

This might seem pretty obvious, but the Cheltenham Racecourse App is a great way to keen on top of the action and find out what’s going on around you. You’ll find a range of information about horse racing and other events, making it the ideal app for your needs.


Racing UK

This app is one of the most popular in the UK, putting you on the inside track when it comes to staying informed and on top of the latest events. Racing UK streams a lot of the action, too, so it’s definitely worth downloading!


General Useful Tips

If you want to bet on Cheltenham but you’re not sure how to get started, here’s a look at some key tips that might help you to secure success.

  • Track the odds: This might seem like a standard piece of advice, but it’s a very effective method that you can use to save time and make keen bets. If you notice that the odds have suddenly improved, you can be sure that the owners have seen something that they like – follow the streamers and drifters to succeed!
  • Find the right advice: There are countless websites and pundits out there offering their two cents. Listen to the wrong piece of advice, though, and you can be lumbered with a losing opinion. Do some research to find the most established voices in terms of advice and see how their advice works for you.
  • Shop around: One of the biggest mistakes that beginners make is being pulled in too quickly by an offer or piece of advertising. There are lots of quality bookmakers out there, and you’ll want to carefully balance them to find the very best option.
  • Have fun: Always try to remember that it’s all about having fun. Cheltenham is a fun event and people love coming together. You should use betting as an opportunity to enhance your enjoyment of the event rather than spoil it!