Get £40 Free Bets for Cheltenham when you stake £10 with Betfred 🐎

Betfred is the leading bookmaker in Britain and they have a superb mobile app for their customers. With the Cheltenham Gold Cup on today, there is no better place to get signed up if you are yet to open an account with them! Take advantage of their fantastic new customer offer now!


If you want more information, free bets or betting tips and advice throughout every day of this year’s Cheltenham Festival, then take a look at the following:


How to claim the Betfred new customer offer

The process is very simple in order to claim the Betfred new customer offer. The sign-up process is really easy and will take only a matter of minutes. Follow these steps below to claim your Betfred sign-up offer.

  • Click the banner on this page to create a Betfred account.
  • Fill out the essential personal details such as your name, address and email.
  • Verify that you are over 18 years old.
  • Deposit funds into your betting account using a payment method that agrees with the terms.
  • Place a £10 bet on qualifying markets and your Betfred free bets will be credited once the bet is settled.
  • The £10 bet must be at odds of EVENS (2.00) or higher.

Terms and conditions

  • New customers residing in the UK who are at least 18 years old and who register for an account with us from 09:00 UK Time on Friday 10th March until 17:30 UK Time on Friday 17th March 2023.
  • Customers must be successfully verified by us before any Free Bets are awarded. Please see our Verification Policy for more details.
  • Register using the promo code CHELT40.
  • Make your first deposit of at least £10, using a Debit Card registered to you, within 7 days of registering for an account with us. No other payment method will qualify.
  • Place a bet of £10 or more on any qualifying Sportsbook markets at odds of Evens or greater (2.0+), which is going to be settled within 7 days of registration.
  • Two or more separate bets with a combined stake of £10 will not qualify. Only your very first valid bet will count.
  • If your bet is voided or cancelled by us: it will not count and the next valid bet you place will be considered instead.
  • If your account is set to euros you will need to deposit and bet €10 to qualify.
  • Bets placed using Free Bets will not qualify for this offer.
  • Totepool bets and Virtual markets are not included.
  • If you CashOut your bet, it will not qualify, and you will not receive this Welcome Offer.
  • Bets that settle outside the promotional period will not count.
  • You will receive £40 in Free Bets within 10 hours of your qualifying bet being settled. Crediting may be delayed if additional documentation is required.
  • The Free Bet amount cannot be withdrawn as cash and will not form part of any winnings paid to you.
  • Any unused Free Bets will expire 7-days after issue.
  • One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer.
  • Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer.
  • In the event of a dispute, the decision of the Betfred Management Team will be final and based on our Terms and Conditions.
  • Betfred reserve the right to withdraw the promotion, if required, for reasons beyond our control, such as system failures or supplier withdrawal (not exhaustive). In the instance that this happens, we will endeavour to communicate any withdrawal in a timely manner.
  • We may remove and change this Welcome Offer without notice. These changes will not affect any Welcome Offer that you may have already registered for, or placed any qualifying bets towards, other than where this is necessary to prevent fraud or other similar unlawful behaviour.