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Cheltenham Betting Offers & How To Make £/€ 1,000 Profits

cheltenham betting, top imageAdvantage Play

Cheltenham Betting is The Opportunity To Make £1,000 Profit For Ordinary People During 4 Days. We Share the List Of Bookmakers’ Juicy Offers & How To Lock-In Profit With Step-By-Step Instructions.

The “Show” box underneath the comments in red can show you Full Contents for your more convenience.

Cheltenham Betting Offers – Introduction 

Firstly, we don’t count on chance, so matched betting is not gambling but an Advantage Play based on mathematical edge to beat the bookies. Matched betting enables us to lock-in profit or consistently earn extra income for long-term. So, using matched betting is effectively our way to promote Responsible Gambling based on the regulation, and we strongly support GamCaregamcare logo being explained in about us

We, Global Extra Money (GEM) would like our readers to exploit those reliable money making opportunities as much as possible. Sharing the method to lock-in profit / maximize profit from Cheltenham Betting Offers is part of our efforts to achieve that objective.

The bookmakers’ offers we use in this guide are the ones in 2018, which you can just consider as the examples of typical type of promotions you can expect from bookies every year. Important thing is that you can locate various methods / tactics based on matched betting concept which can be perfectly workable to each type of offer. Means, you can use our specific guide that address to similar promotion each year. 

So suggest go through this guide & exploit bookies’ Latest Offers each year. Please Be aware that taking too much value from them may result in immediate account restriction. However, don’t worry, We already have Solutions for such nasty bookies’ unfair actions – see our 2 in-depth guides you will find in this guide.

What’s Cheltenham Festival Betting & Why Is It So Profitable?

Cheltenham Festival Basics

Let me excerpts what is Cheltenham Festival all about from wikipedia;

The Cheltenham Festival is a meeting in the National Hunt racing calendar in the United Kingdom, with race prize money second only to the Grand National. It is an event where many of the best British- and Irish-trained horses race to an extent which is relatively rare during the rest of the season. The festival takes place annually in March at Cheltenham Racecourse in Cheltenham, Gloucestershire. The meeting usually coincides with Saint Patrick’s Day, and is particularly popular with Irish visitors. It features several Grade I races. Large amounts of money are gambled during Cheltenham Festival week, with hundreds of millions of pounds being bet over the week.Cheltenham Festival Wikipedia

Yes, Cheltenham Festival is the largest Jump Racing a.k.a. National Hunt Meeting only after Grand National Meetings in April. For full British horse racing key events schedule, see BHA (British HorseRacing Authority) and please find the detail Cheltenham schedule in the next sections.

Why Is Cheltenham Betting So Attractive?

As wiki describes, huge amounts of money will be poured into betting market during the Cheltenham Festival 4 Day period (said to be over £150 million). And all the bookies work hard to get better share out of it by providing competitive offers. That’s an excellent opportunity for us advantage players to make money efficiently by making the most from the bookmaker offers. Key types of such offers you can expect are;

  • Enhanced Sign Ups for the bookies (if you don’t have an account yet)
  • ITV Racing every day supported by Bookies’ Usual (or better) Saturday Offers
  • Extra Places in Almost All Feature Races
  • Larger Stakes accepted on Many Price Boosts
  • A lot of Exclusive (invite only) offers sent by e-mail like Betfair 0% Commission;
    cheltenham betting, betfair no commission

    Click To Enlarge

Some bookies provide juicy offer every day like Sky Bet;cheltenham betting, sky bet offerYou will see the full list of currently announced offers later and we’ll keep updating the list whenever we find the new offer. So, suggest you come back to this document every day while checking your e-mail box if you receive any exclusive offer.

How Much Can Matched Bettor Make Money?

See the info from Profit Accumulator (PA). PA is a premium subscription service for matched betting (see our Profit Accumulator Full Review for the details). They reported £936.12 average profit during 4 days meeting as below;

cheltenham betting, pa results

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It is based on their 185 members samples. See below for rationale;

cheltenham betting, pa forum stat

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Not bad, isn’t it?
In fact, it’s very good, that’s why you should not overlook Cheltenham Betting Opportunity.

Cheltenham Betting – Key Info

Let me list up a few key information you may want to know related to Cheltenham Betting.

Overall Schedule

Cheltenham Festival 2018 Schedule: From Tuesday, March the 13th to Friday March the 16th for 4 Days. There are 7 races each day, giving a total of 28 races.

It is known as Gold Cup Day when Gold Cup Race will start at 15:30. It is one of the world’s most prestigious horse jumps racing.

Feature Race Schedule

Each day at Cheltenham has a feature race, which are counted among the most important events in the world of horse racing. Means, bookies try to make offer to the feature races therefore you need to pay attention to;

  • 1st Day: Champion Day 15:30 – Champion Hurdle
  • 2nd Day: Ladies’ Day 15:30 – Queen Mother Champion Chase
  • 3rd Day: St Patrick’s Day 15:30 – Stayer’s Hurdle
  • 4th Day: Gold Cup Day 15:30 – Gold Cup

Besides, there are several other Grade 1 races that include the Neptune Investment Hurdle, JLT Novices’ Chase and JCB Triumph Hurdle etc. Just FYI.

TV Broadcasting

All through the 4 days, the races are broadcasted by ITV, see the ITV Racing Schedule;horse racing refund offers, itv racing scheduleObviously, bookies running ITV Racing offers such as Bet365 will run usual Saturday Offer for every televised Cheltenham race.

Jocky & Trainer

You may find a few offers related to Jocky or Trainer like the below Ladbroke’s 2017 offer;

cheltenham betting, trainer offer image

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So, it’s better to get used to the star names like below;


Ruby Walsh and Nico DeBoinville


Nicky Henderson and Willie Mullins


Douvan, Apple’s Jade, Un de Sceaux, Native River and Cue Card.

Odds Comparison

Finally, when it comes to the odds comparison among the bookmakers, use Oddschecker

cheltenham betting, oddschecker

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, which is a convenient tool to locate which bookie gives you the most competitive odds.


How To Make Cheltenham Betting Offers Risk-Free / Lock-In Profit

As briefly said, our underlying methods to lock-in profit is Matched Betting. We use various techniques based on matched betting concept to turn bookies tasty Cheltenman Festival Offers into Real Cash Profit Risk-Free.  Anybody who are already familiar with the matched betting, please skip this section.

Matched Betting – Underlying Method Of Lock-In Profit

For those who are not familiar with the matched betting at all, suggest take a look at Matched Betting For Dummies – 9 Essential Things You Should Know Before Staking Any Real Money where you will find every basic about the matched betting. However, for your quick start, I’ll briefly explain how it works by using Sky Bet Sign-Up Offer of “Bet £5 Get £20 Free Bet” as the simplest example for your easy bet offers, new welcome bonus

What we do are;

What we basically do are;

  • 2 transactions of Back (bet on win) £5 on Team or Player A or Horse A at odds of 2.0 < at Sky Bet & Lay (bet on NOT win) appropriate £ (stake can be calculated by free software) on the same Team or Player A or Horse A at Betting Exchange like Betfair or SMarkets so that you cover all outcomes.
  • Regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss.
  • But now, you get £20 Free Bets. You repeat the exact same process but using the free bet for the back bet at Sky Bet. Then, this time free bet value (minus qualifying loss) will become your net profit.Risk Free Betting Starting Guide (3) – How To Extract Cash Profit from Free Bet
  • You may be able to extract around £15 – 18 pure profit from this offer Without Any Single Risk.
  • Success factor is how to minimize the qualifying loss by selecting the player whose odds gap (between Sky Bet & Betting Exchange) is the narrowest. You can use Free Odds Matcher to locate such opportunities. For the step by step process, take a look at Risk Free Betting Starting Guide (3) – How To Extract Profit from Free Bet. You will find William Hill sign-up bonus case as an example in this instruction. BTW see William Hill Cheltenham Schedule as well.

Betting Exchange

As you see in the above process, betting exchange is essential for matched betting. We discussed more detail about betting exchange in this guide. Besides,  we constantly update all top 4 betting exchange latest sign-up offers & how to extract cash risk-free from each offer in this list.

Betfair Alternatives

Just in case you can’t legally or physically access to any of the above betting exchanges in your country, this guide will help you open an account of Betfair Alternatives. 

Preparation & Key Tips For Cheltenham Betting

Let me list a few things we suggest you do prior to the Festival.

Bookmakers’ Accounts

It’s the excellent opportunity to rake all available bookmakers offers. So ensure you have the key bookmakers’ account, especially the ones who provide tasty offers you find in the List later. Just in case there are any bookies you haven’t yet had the account, follow the instruction we showed the above and extract all the welcome offers before taking up Cheltenham Festival Offers.


Given the intensity of the offer, suggest you have enough bankroll especially in Betting Exchange (s). Well, how much is enough? Depending on the target of the profit though, you may want to prepare a few thousands £ in at least 2 exchanges like Betfair & SMarkets. Anyhow, we share 1 key tactics & 2 methods to maximize efficiency of your bankroll as follows;

Basic Tactics

As kept emphasizing in this documents, you will be overwhelmed by many offers. If you have limited bankroll (or even if you have big fund), the most important approach to improve your efficiency is PRIORITIZARION. Means, you focus on High EV (Expected Value) Offers – see the  10 Horse Racing Refund Offers – Value Based Best Selection & Tactics To Win.

Briefly, never fail to take up all your eligible offers being listed later, most of them are guaranteed profit. Don’t let your money get tied with low probability, means low EV offers such as 2nd to SP, Beaten by Head, or Neck, and Faller Insurance etc.

Commission & Liability Sharing Technique

There are a few simple techniques that can save a lot of your bet exchange commission and reduce the burden of your lay liability (this is the cause to require a lot of bankroll in betting exchange). Please visit our document of How To Minimize Exchange Lay Betting Commission & Liability For Matched Betting, where you find the step by step instruction to increase your fund efficiency & improve profits.


Another cause that requires a lot of fund is the time taken to withdraw the money by credit / debit card. One of the most frustrating elements of Matched Betting is the irritating moment when all of your bets win into the Bookie account, leaving your Exchange account empty. You then have the long withdrawal period whilst you wait for your funds to reach your bank account to top Exchange up again. The most effective way around this problem is to use E-Wallets and the most popular ones in the gambling industry are;

Neteller;Neteller E-Wallet Logo

The biggest advantage of them are transaction speed especially withdrawal from bookmakers to your e-wallet account, usually within a few hours, rather than a few days of bank cards. Thus, you can efficiently use your bank.


Many bookies don't accept e-wallet as the 1st deposit to claim welcome offer. So, if you're opening the account, don't use this options. Besides, several bookies don't offer the promotion if you deposit by these e-wallets lately, so make sure you confirm Cheltenham's specific offer T&C before you deposit by the e-wallets. 


In case you're a matched betting newbie, suggest you make some practice before the festival. If you start subscribing Matched Betting Premium Service that provides advanced software such as Racing Matcher, Each Way Matcher & Extra Place Matcher etc. it's a must to get accustomed to how to use it. The links I attached for each software will navigate to Oddsmonkey's explanation page. If you need more information, please take a look at our Oddsmonkey Full Review.

Profit Accumulator I introduced before also provide similar range of software, so you would like to make comparison between these 2 by checking our full review and their each sign-up offers.

Get Organized & Place Early

As kept saying, it will be a very intensity work with a lot of races filled by a lot offers. Just jot down your schedule for planned bet placements well in advance. The more organized you are, the less likely you are to make any simple mistakes, thus more profits.

Ante Post

What's ante post? According to SMarkets;

Ante-post betting is a longer term bet where bettors trade on the outcome of an event, such as the winner of the Grand National. Betting this far in advance can have greater risks, but also enhanced odds. The odds offered on a horse will change as the race approaches, but you still get the odds that were in effect at the time you placed your bet. Ante-post markets generally offer better odds than would be available on outright winner markets closer to the start of the event because there are plenty of variables which can ruin your bet – such as a horse withdrawal or injury.SMarkets Ante-Post Explanation

So, the Ante-Post is basically the market of betting before the final declarations are known. Then, when is the final declaration made? As usual, a bit complicated but according to BHA, usually 24 - 48 hours before the day on which the race is advertised to be run. The odds in Ante-Post market is better, but if your horse becomes non runner, your bet will be a losing bet in the bookmaker.

NRMB (Non Runner Money Back)

As we list the next section, several bookies offer NRMB (Non Runner Money Back) or NRNB (No Runner No Bet). What's it? It means, even your Ante-Post becomes non runner, bookmaker will not treat it as a losing bet but refund you. So, NRMB offer allows you to place bet at possibly better odds without losing risk. What about the Betting Exchange?

SMarket will make back bet a losing bet (once the race has been declared) and lay a winning bet. However, Betfair will make it voided bet for both back & lay. So, when you lay at Betfair, you will generate pure loss of your back bet at bookmaker if there is no NRMB. That's what I confirmed via Betfair Live Chat before, but now the another live chat with Betfair shows

cheltenham betting, betfair ante post live chat

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Very confusing. So, at this stage I can't clarify the Betfair's definite ante-post rule. But, the important point is as long as you get the NRMB offer, you seem to have little risk of losing any money but possibly get profit in the exchange (s).

Account Restriction - Precautionary Actions

Account restriction is the biggest problem for the advantage players. Many matched bettors seem to worry about taking too much value from Cheltenham Betting Offers, which may instantly lead to Gubbing.

Gubbing Pre-Festival

It doesn't make sense to being gubbed before such tasty period. Therefore, suggest you take a look at Smart Tactics To Avoid Bookie’s Account Restriction.

Gubbing During Festival

However, all bookies are totally overwhelmed whole through the 4 days. Given the yet tiny portion of matched bettors out of the total betting market, their priority should not be paid to locating the bonus abusers (this is what bookies describe matched bettors). Although there is no guarantee, we think it's even safer to grab value than the calm period. Anyhow, if you are gubbed, revisit the above document where you find the techniques to make money even in your restricted account.


List Of Best Cheltenham Offers & Instruction

Special Sign-Up (Account Open) Offer

SMarkets (Betting Exchange)


"£40 in risk-free bets for Cheltenham" - Given their usual sign-up offer of £10 risk-free bet, this one time special offer is extremely good. For those who have not yet opened SMarkets account, I can't see any better opportunity than this. T&C


For extracting the offer, £10 Risk Free Bet applies to Every Feature Race at 15:30 (refer to the schedule I previously listed) for all 4 days, thus total £40. Your losing bet can be from back bet or lay bet, doesn't matter. For easier calculation, you may want to use back bet but in this case you need to add commission both back & lay (should be in other exchange because the free bet applies to Net Loss). For detail instructions, see Risk-Free Bet Guide. If you need any assistance from us, don't hesitate to contact us.


Invitation Only

Betfair (Betting Exchange)

Although it says invitation only, I suppose most of the account holders receive the invitation. The key point I want to remind is Don't Fail To Check Your E-Mail In-Box every day to avoid overlooking (see "PS" at the end of this article as well).


You will be eligible to pay a 0% commission rate (as opposed to your usual higher commission rate) on all single bets which you place via the Betfair Exchange on 2018 Cheltenham Festival Day Of The Race markets. This doesn't apply to Ante-Post market.


No-brainer, all you need to do is Opt-In, and make sure you get the Accepted Signal like the image on the right. I'm not sure if you're still in time for this offer though in case you still don't have Betfair Account, see All Available Sign-Up Offers of 4 Big Betting Exchanges.


Looks this offer is invitation only, please check your e-mail if you received it.


"Cheltenham Special Offers" - They provide 4 Offers, click + below box to see the screenshot of it;

cheltenham betting, myclubbet offer

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Since the multiple offers can apply to the same race (but you can claim only 1 offer per race, maximum of a £30 free bet), you have better chance to hit any of 4 offers especially when you bet the 1st race of the day. For the process, just follow the matched betting standard guide: Qualifying Bet Placement & Extract Profit From Free Bet


This offer is not appeared in their promotion page and people receive it by e-mail. But the T&C doesn't specify e-mail invitation only. It requires Opt-In. Anyhow, check your e-mail (they repeat the same offer for the Day 2 & Day 3 as shown in the box);


"Cheltenham Free Bet" - They give £20 Free Bet If Bet £50, click + below box to see the screenshot of T&C;

cheltenham betting, betstar exclusive offer

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Day 2

The same offer for the 2nd day (Now you need to Opt-In Challenge Window in your account);

cheltenham betting, betstar exclusive offer 2nd day

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Day 3

cheltenham betting, betstar exclusive offer 3rd day

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Check your e-mail, if you find the offer, follow the T&C, the offer may vary, but the process can be the standard matched betting: Qualifying Bet Placement & Extract Profit From Free Bet


NRMB (Non Runner Money Back) or NRNB (No Runner No Bet) Bookies

The following bookies provide NRMB;

  • Bet365
  • Coral
  • Paddy Powercheltenham betting, ante post image
  • William Hill
  • Ladbrokes
  • Betfair
  • Unibet
  • Betstar
  • 10Bet
  • 888Sports
  • MyClubBetting
  • Betfred

Note: Don't fail to check the T&C because each bookie may require different condition such as Betfred (apply selected races - feature races only) or William Hill (Apply only if the horse doesn't run in any other Cheltenham races during the period, thus refund will be made after the festival is over) etc.

Build Up



"Start Cheltenham Festival with a headstart by earning free bets in advance!" Place a £20 bet on any horse racing market (odds 1.5 <) between now and the start of the Cheltenham Festival on 13th March, and you will earn a £2 free bet for the festival. Up to a maximum of £20 a week. Bet must be single selections only.


Simple matched betting. Place 10 x £20 bets (all on different races) each week, lay in normal mode. Receive a Free bet for each day of the 4days Cheltenham Festival. Use the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet

Unibet - No Longer Available / Confirmed that Those Who Already Opted-In Are Qualified


"Build a bank for Cheltenham with our bonus builder" - Get up to £50 Bonus. Place bets on horse racing between 5th - 11th March (odds 1.4<) Receive free bonus money (1x Wagering) on 12th March.


You can also use simple matched betting for this offer. Opt in to the promotion place bets £250 in total to get maximum £50 Bonus. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet



"Download The App Get a £10 Free Bet" - Get a £10 free bet on the Cheltenham Festival when you download the Ladbrokes Sports Betting app via either App Store or Google Play on your mobile or tablet.


After download the app, place a qualifying bet of £5+ between 18:00:01 (UK time) on Friday, 9th March 2018, and Tuesday, 13th March 2018, 13:29:59 (UK time), to receive a £10 free bet for any race in Cheltenham Festival. For the process, follow the matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet.



"Earn free bet on the first race of Cheltenham" - 1 Mobile Free Bet credited when 5x qualifying bets are placed and settled between 12:30 on 09/03/18 - 22:59 on 11/03/18. 5x £10 min stake, min odds EVS.


No need to opt-in, place 5 qualifying bets by using simple matched betting. £5 Free Bet will be credited on Tuesday 13th March 2018 by 12:00 PM to use on the Cheltenham Festival - the Supreme Novices Hurdle. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet. The free bet is not big but just £5, but LeoVegas odds adjustment is quite slow (same as Betfred), thus it's very easy to manage matched betting. In fact I completed all 5 qualifying bet without single loss and nearly £2 qualifying profit (I use Oddsmonkey oddsmatcher rather than free oddsmatcher, which helps improve your profit, just FYI).

Matchbook (Betting Exchange)


"Imperial Cup Double Your Winnings" - Back the Winner (Win Market Only) (Pre-Race only) of the Matchbook Imperial Cup at Sandown between 12:00 GMT 08/03/2018 and the start of the race 14:25 10/03/2018. If the Winner of the Matchbook Imperial Cup goes on to win any race at the 2018 Cheltenham Festival you will get double winnings 


Use simple matched betting by backing any horse at Matchbook. But, remember Don't Lay at Matchbook or you won’t be eligible for the offer. If your selection wins the race and again wins a race at any of Cheltenham Festival race, you will get double winnings to £100. Follow the matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet

William Hill


"Cheltenham Festival Get a £10 Free Bet On Day 1" -Bet a total of £20/€20 or more on the Imperial Cup (Saturday 10th March, 14:25), and receive a £10/€10 free bet to use on any race at day 1 of the Cheltenham Festival (Tuesday 13th March 2018). 


Use simple matched betting for this offer. No need to opt-in, just place the qualifying bet (1.5 < odds) in the Imperial Cup, Sandown and get Free Bet. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet

Titanbet & Winner

These 2 are clone sites, and provide the identical offer (for further details take a look at Titanbet Offers – Smart Ways To Rake £2,000 Cash From Acca Bet, which are;


"Imperial House Free Bet" -Place a win or each way single on 2:25 Sandown (Saturday 10th March) and receive a free bet for the first race of the Cheltenham Festival (1:30 Cheltenham – Tuesday 13th March). Winner T&C and Titan Bet.


Exactly the same as the above William Hill offer instruction. Use simple matched betting for this offer. No need to opt-in, just place £5< qualifying bet (no minimum odds seems to be required) in the Imperial Cup, Sandown and get Free Bet (the win part of your stake) up to £10. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet



"Bet on the Imperial Cup and get a Free Bet for the first race of the 2018 Cheltenham Festival" - Place a $/£/€25 single bet on the 14:25 Imperial Cup at Sandown Get $/£/€10 as a Free Bet for the 13:30 Supreme Novices' Hurdle at Cheltenham. 


Exactly the same process as the above William Hill, Titanbet. No Need To Opt-In, But check you receive the offer by e-mail to ensure your eligibility. There seems to be no minimum odds requirements. Your Free Bet will be credited to your account before 12:00 on Tuesday, March 13, 2018.

William Hill

William Hill added another 2 build up offers at the last minutes as below;


"How to head to Cheltenham with two free bets" - They provide additional 2 Offers, click + below box to see the screenshot of it;

cheltenham betting, william hill 2 offers

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Check the T&C of £5 Free Bet & £10 Free Bet, and follow our standard matched betting guides of  Qualifying Bet Placement & Extract Profit From Free Bet  since both of them are Bet XX Get XX FB simplest offer.


Daily or Whole Day Offer

Sky Bet - Every 1st (13:30) Race


"Sky Bet Supreme Novices Hurdle - Money Back As A Free Bet If You Lose" It is for every 1.30 Cheltenham race.


Place a £20 bet on the 1st race of the Cheltenham Festival Each day, use Risk-Free Matched Betting Method. If your bet wins you are in profit instantly, if it loses you will receive a £20 free bet within 24 hours. Follow the standard matched betting guide of Extract Profit From Free Bet within 3 days of being credited.

BTW, for full instructions on Sky Bet existing offers, see Sky Bet Offers 2018 – The Best Guide To Guarantee Profits.

Betway - Every 1st (13:30) & Last (17:30) Race


"Money Back as a Free Bet if you LOSE - First & Last race every day at the Cheltenham Festival"


Place a £10 bet on the 1st or last (or both) races each day of the festival. Exactly the same process as the previous Sky Bet. Follow the Risk Free matched betting guide and standard guide of Extract Profit From Free Bet if you received refund.

BTW, for full instructions on Sky Bet existing offers, see Betway Betting 2018 Offers – The Best Guide To Achieve Sure Winnings.

Paddy Power - 1st Day (13th Mar) All 7 Races




Place a bet of up to £10 on any of the races on the 1st Day at Cheltenham. You Have 7 races. On top of the standard matched betting method, you may want to use Trigger Bet approach to lock-in profit. Simply make extra lay on short priced SP favourites See the detail process in Trigger Bet Guide.

BTW, when it comes to Paddy Power offer, also take a look at Paddy Power ACCA Insurance Will Make €/£1,000 Risk-Free Profit, when you have time.

21Bet - All 28 Races


"Festival Free Bet Frenzy - Free Bets For Every Winnergs, Daily Free Bets Guaranteed" This promotion will run on every day of the festival - so there’s a possible £1000 in free bets.


Simple matched betting. Place £5 every race every day (make sure you start placing bet from 00:01 on Monday 12th March, not before) by following Qualifying Bet Placement & Extract Profit Fron Free Bet.

Although this is Back A Winner concept, but given the uncertainties of free bet amount, you can't use Lock-In Profit by Over Lay Technique, just FYI.

10Bet - All 28 Races


"CHELTENHAM FREE BET CLUB" -  Place 5 Bets (odds 1.2 <) of £5 or more Every Day and Get

£5 Free Bet for the next day's Cheltenham race.


No-brainer. Just use simple matched betting. Importantly, Don't Forget To Opt-In EVERY DAY before placing 5 qualifying bets. The free bet should be used for the bet at 1.8 - 8.0 odds. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet

10Bet - All 28 Races


"CHELTENHAM ACCA INSURANCE" -  Opt in and place an ACCA with 4 or more Cheltenham selections on the same day of the Festival. If 1 leg comes up short, you will get refund your stake as

a Cheltenham Free Bet of up to £20


Firstly, if you're not familiar with How To Construct Acca Matched Betting, take a look at
How To Lay Off Multiple Bet & Accumulators – Step By Step Guide For Newbies then for the specific instruction on Acca Insurance, please follow the guide of How To Lock-In Footy Accumulator Profits with Customized Lay Calculator

Unibet - 2 Races Every Day


"Cheltenham Money Back" - Simply bet £20 or more on the winner of the selected races (two per day) and if your horse finishes second we will refund you with £20 cash.


Eligible bets are; 13/03 - 2.50 & 5.30, 14/03 - 2.50 & 4.50, 15/03 - 2.10 & 4.10, 16/03 - 2.10 & 5.30. For the instruction, go of 6 Best Ways To Make Extra Money from Horse Betting 2nd Place Refund.  Given the large number of horses in each race, it's quite unlikely though if there are any race exchange offer only 2 places, you can lock-in profit by using our spreadsheet. See 2nd Place Refund Horse Betting Calculator For A Guaranteed Profit.

William Hill - 4 Races Every Day


"Flash Odds Happy Hour" - William Hill give you racing Flash Odds every single day, and they're multiplying that by four for the festival. So each midday, stay tuned for a different offer every 15 minutes, all available for a quarter of an hour.


Visit William Hill at 12:00 every day and check the Price Boost Every 15 Minutes (all together 4 races). Compare with Betting Exchange Lay Odds and if you can locate arbitrage condition, go for instant profit. Follow the instruction Enhanced Odds Betting Guide.

Combined With Other Offers

William Hill apply their usual promotion of High 5 to all Cheltenham Races. The EV of High5 itself is Not So High, but together with such Flash Odds, obviously it will become a good windfall. Therefore, suggest you don't miss the opportunity of the Flash Odds - Allow me to remind you that it starts 12:00 and gives you 4 offers for 1 hour, and each offer lasts only 15 minutes.

In  case you miss the flash odds, you still have Bet Boost. You can stake up to £200 (the above flash odds may set up to £10 - £20 depending on the race & individual player), therefore if the boosted odds minimize the qualifying loss or even create arbitrage (means qualifying profit) condition (actually it is often the case), then you should make the best use of it by combining with the High5 Offer.

Matchbook - Day One Every Race


"10% Bonus On Winnings" -  Place bets on any of the Day One races at Cheltenham and if you make a Net Profit, we will give you a 10% Bonus on your winnings up to a maximum of £10. 


Place bet any race on the 1st day 13 Mar 2018, if you get net winnings (calculated by each race not among the races you bet on the day), you get 10% boosted winnings. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet

Bet365 - Feature Race Each Day


"Cheltenham Free Bet Offer – up to £25 each day" -  They are giving you a Free Bet on the stand-out race each day (up to £25 maximum) when you place a single bet on any other Cheltenham race that day.


Place a single bet on any Cheltenham race each day other than the Free Bet race as follows;

  • Champion Hurdle on Tuesday 13th March (15:30) – qualifying bets count from 12th March (13:00)
  • Champion Chase on Wednesday 14th March (15:30) – qualifying bets count from 13th (13:00)
  • Ryanair Chase on Thursday 15th March (14:50) – qualifying bets count from 14th (13:00)
  • Cheltenham Gold Cup on Friday 16th March (15:30) – qualifying bets count from 15th (13:00)
You will then receive a Free Bet on the selected Free Bet race, equal to the value of your largest single bet on any other Cheltenham race that day (max Free Bet value £25) like below;

cheltenham betting, bet365 gold cup offer

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Your qualifying bet must be placed between the time stated above and the start of the relevant Free Bet race. Follow the standard matched betting guide: Qualifying Bet Placement & Extract Profit From Free Bet


You can actually combine this offer with Bet365 ITV 4/1 Race Offer (see later) which will make your Bet365 betting so juicy.

Bet Vision - 1 Race Every Day


"Stake Back If 2nd" -  If your horse finishes 2nd, your account will be credited with a bonus token equal to your initial stake. Applies to selected races at Cheltenham between Tuesday 13th March – Friday 16th March 2018.


Place a single bet (minimum £5) on the following race each day. Receive a Bonus Token (equivalent to qualifying stake up to a maximum of £25) if your horse finishes 2nd ;

  • Tuesday – 14:50 Ultima Handicap Chase
  • Wednesday – 14:50 Coral Cup
  • Thursday – 14:10 Pertemps Final
  • Friday – 14:10 County Hurdle
For the instruction, go of 6 Best Ways To Make Extra Money from Horse Betting 2nd Place Refund.

Betfred - 1 Race Every Day


"Free Bet if 2nd or 3rd" - Back a horse in the 17:30 Cheltenham, and should it finish second or third, they will refund your stake as a free bet up to £10


Since they apply different race every day, you need to check which race is the promotion race in their Offer Page. The Day 4 is 14:50 race.

Follow the simple standard matched betting process, and importantly take a look at our 2nd place specific guide of 6 Best Ways To Make Extra Money from Horse Betting 2nd Place Refund.

Sportingbet - All 28 Races


"MONEY BACK ON LOSSES" - 10% money back as a Free Bet up to £25 on net losses over a day. 


Don't forget to OPT-IN. Then, just implement standard matched betting: Qualifying Bet Placement & Extract Profit From Free Bet

Also check your e-mail if you received the invitation only offer of;

cheltenham betting, sportingbet offer

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bwin - All 28 Races


"MONEY BACK ON LOSSES" - 10% money back as a Free Bet up to £25 on net losses over a day.


This offer also requires OPT-IN, so do it before placing any single bet. Then, just implement standard matched betting: Qualifying Bet Placement & Extract Profit From Free Bet


ITV Racing Offer

According to the ITV Racing Schedule, every day 5 races out of 7 (not the last 2 races of 16:50 & 17:30) are scheduled to televise. So, all together 20 ITV racings. There are 2 Offers you can lock-in profits from every ITV Races, which are Bet365 & Betfair. Bet365 officially announced the offer to Cheltenham ITV Racings, thus at this stage, I'll list only Bet365 as follows;

Bet365 ITV Racing 4/1 Offer


"Back any single winner at 4/1 or more on any race televised live on ITV Racing and you can have a risk free bet to the same stake (up to £50*) on the next race broadcast live on ITV Racing."


We have prepared complete instruction for this specific offer with 3 optional approaches ranging from Lock-In Profit to Risk-Free by Maximizing Profit. So suggest take a look at How To Guarantee Profit from Bet365 Feature Race 4/1 Offer & ITV Racing Offer.

Betfair Sportsbook ITV Offer

This offer is Not Exchange but Sportsbook Only.


"UP TO 25 FREE BET WITH EVERY WINNER AT 3/1 OR MORE" - Place a single bet in any Cheltenham Festival race live on ITV (1.30, 2.10, 2.50, 3.30, 4.10 races every day). If your horse wins at SP odds of 3/1 or greater (Racing Post decision final), you will receive a free bet to the same value of your stake, up to 25.


We also prepared complete instruction for this offer So suggest take a look at Back A Winner Betfair Offer – How To Lock-In Profit by Overlay Betting.

NetBet 2 Refunds

NetBet provide you 2 Offers, they don't mention anything about ITV broadcasting, but all the races their offer apply are the races televised by ITV.

cheltenham betting, netbet offer

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Check the T&C of Offer 1 & Offer 2 and Make Sure You OPT-IN first befpre placing any bet. Then, follow our standard matched betting guides of  Qualifying Bet Placement & Extract Profit From Free Bet  for Offer 1 and go 6 Best Ways To Make Extra Money from Horse Betting 2nd Place Refund for Offer 2.


Offer For Specific Race

William Hill - 1st Day (13 Mar) 1st Race (13:30) Supreme Novices’ Hurdle


"Double Your Winnings, Win or Each Way Bets Paid In Cash" Place a bet on the Supreme Novices’ Hurdle at Cheltenham, and if your horse wins or places in the race (finishes in the first 3), your winnings will be double in cash up to £100


You can Lock-In Profit, since it's a Enhanced Odds. Follow the Enhanced Odds betting guide for full instruction.

Coral - 1st Day (13 Mar) 1st Race (13:30) Supreme Novices’ Hurdle


"Money Back All Losers" - Get your Cheltenham Festival off to a flying start with Coral’s unbeatable offer Get Money Back as a Free Bet up to £/€25 if your horse fails to win in the Supreme Novices’ Hurdle.


Place a £25 bet on any horse to win the Supreme Novices Hurdle, Exactly the same process as the previous Sky Bet & Bet Ways. Follow the Risk Free matched betting guide and matched betting guide (3) if you received refund.

Ladbrokes - 1st Day (13 Mar) 1st Race (13:30) Supreme Novices’ Hurdle


"Double your Winnings as a Free Bet up to £50 If Your Horse Wins the Supreme Novices’ Hurdle" . Additional Winnings must be used within 24 hours on a Horse Racing market.


Exactly the same offer as William Hill, you can follow the Risk Free matched betting guide. If you win, you get instant profit. If you lose you get refund and use matched betting guide (3) to extract cash from the free bet. The only difference is that additional winnings will be in Free Bet rather than In Cash. Means, William Hill's offer is more value. Anyhow, the important point is you need to calculate enhanced odds using The Formula = Back Odds + ((Back Odds - 1) x 0.8) See full instructions in the Enhanced Odds Betting Guide

Genting Bet - 1st Day (13 Mar) 1st Race (13:30) Supreme Novices’ Hurdle




Exactly the same offer as the above Ladbrokes offer. So follow the instruction stated in the Ladbrokes offer. The only difference is that If your horse WINS you can repeat this offer on any race on day 1 until you have a losing bet. So you should bet at the first race to maximize the potential profit, as Genting Bet example shows; You bet £20 on the Supreme Novice Hurdle (Race 1) and win, you then place £20 on the Arkle (Race 2) and it doesn't win - we will cover your £20 losing bet from the Arkle in the form of a free bet.

Each Way & Extra Place Offers

All the key bookies provide several races with extra place offers.

You can check the Oddschecker table where you can locate which bookmaker offers what extra place with what term like below;

cheltenham betting, oddschecker extra place

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Bet365 Place Term & Enhanced Prices


It says, to ensure you get the best Each-Way value, we will be paying 1/4 odds a place on ALL Cheltenham races. Means, when you find any extra place offers from Bet365, the term is 1/4 odds rather than 1/5 odds, which will impact your profit. It also says, we will also offer enhanced prices on selected runners at various times during the Festival.


So, keep checking Bet365 extra place availability and also enhanced price. For the enhanced price, when available, these prices will display on the 'Enhanced' tab on the race coupon. Note, Ante-Post bets are settled at the Price and Place terms applicable at the time of accept.

For how to maximize your profit from extra place offer, see the next section of "Offer Can Be Used in Gubbed Accounts." except the next Betfair Each way Edge.

Betfair Sportbook

This offer is Not Exchange but Sportsbook Only, and unfortunately it is not applicable to the restricted account.


"EXTRA PLACES EVERY RACE, EVERY DAY AT CHELTENHAM WITH EACH WAY EDGE" - Each Way Edge is a revolutionary product which allows you to alter the place terms of your Each Way bet. With Betfair you can choose to add extra places for a small decrease in price, or remove places to increase your potential return – all from within the betslip 


Each Way Edge available after the final declaration stage on all Cheltenham Festival races with a minimum of 5 runners. Select extra places using Each Way Edge on your betslip. For the detail instruction, follow the above T&C.

Solutions For Account Account Restriction / Gubbing

As said at the beginning, if you take too much values from soft bookmakers, your betting account could be promptly gubbed / restricted. No Worries!! We have already prepared the following 2 guides;

We believe the above 2 guides will help you keep exploiting unfair bookies, means will enable you to make money on the side reliably for long-term.

Offers Of Opportunistic Approach - Take Up Only With Small QL (Qualifying Loss)

All the offers we list so far are basically the ones with extremely High EV (Expected Value) because you can more or less Lock-In Profit. We will list a few other offers you may feel attractive. But given the relatively Low EV, you may consider them only when you can find good match, means the tight odds gap between bookmaker back bet & betting exchange lay bet, to minimize QL (Qualifying Loss).

Boylesports - All 28 Races


"2nd or 3rd to SP Fav at Cheltenham" - Place a bet on any horse at The Cheltenham Festival. If your horse finishes 2nd or 3rd to the starting price favourite, we will refund your stake as a free bet.


Follow the simple standard matched betting process. And, our 2nd place specific guide of 6 Best Ways To Make Extra Money from Horse Betting 2nd Place Refund will be extremely useful for such offer with additional condition of "To The SP". Because we use the same example of Boylesports to demonstrate how the extra trigger make the whole offer so difficult. Anyhow, the biggest advantage of this offer is you can apply all 28 races.

Key Reminder

Besides, allow me to reiterate, Cheltenham Betting is all about Prioritization of Many Offers, so you should not be bothered by the low EV offers if you have any risks of sacrificing the above high EV offers. The 10 Horse Racing Refund Offers document we show in the next Wrap Up section is Must Information you go through before the festival.



Several members reported us that they haven't credited free bets in the past. It's been some time since their live chat stopped working. We also sent a few inquiries & reminder by e-mail but no responses.

We haven't heard any bad news on Agryll Entertainment (owner of Sportnation & RedZoneSports), thus we should not worry too much though, given the abundance of other Cheltenman offers, you may want to put the below below Sportnation's Cheltenham offer (you may have received by e-mail) on the back burner;

cheltenham betting, sportnation email offer

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Cheltenham Trading Strategies

Betfair Cheltenham Festival Trading Strategy

If you want to pursue winning Cheltenham trading strategies on top of exploiting bookies Cheltenham refund offers, you may want to take a look at 3 Cheltenham Tips: Exploiting Potent Markets. Watch the below video explaining Betfair Cheltenham Festival Trading;

You may also want to check other Caan Berry Products.


Wrap Up

Having explained, there is no reasons for anybody who seek extra income to excuse this excellent opportunities. We will see more & more offers coming out when we get closer to the festival.


All the bookies we listed in this documents are all giant players, in other words, you may not have to worry about their payout. But you may also locate several small bookies' offers. Be careful, they also try to attract punters in this big event, and some may give you NOT affordable offer which may struggle to pay out the winnings. So, don't jump in to something that sounds Too Good To Be True comes from small players.Try to keep away from them to avoid any unpleasant surprise later.

Gauge The True Value Of The Offer

Incidentally, we have drawn the strategic paper related with the Horse Racing offer. I strongly suggest you take a look at 10 Horse Racing Refund Offers – Value Based Best Selection & Tactics To Win, where we show how to gauge the value, prioritize & select the popular offers together with the specific tactics summary to extract cash from them.


If you have any inquiry or need any help from us, please contact us anytimeGlobal Extra Money Contact (don't worry, we will not charge you any fee, everything is free here).

Good Luck!!

Joshua Walker - Publisher of GEM (Global Extra Money)


Final Reminder, Keep Checking Your E-mail Box To Avoid Missing The Offer Like Below;

cheltenham betting, betfair arcade free spins

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