Betfred New Customer Offer: Get £50 in Free Bets When You Bet £10 on Cheltenham

Ahead of 2025's Cheltenham Festival, Betfred are offering new customer's an incredible sign-up offer: Bet £10 and get £50 worth of FREE BETS for this year's Cheltenham Festival which starts on Tuesday 11th March at 1:20pm.

It's simple to get started, all you have to do is sign-up to Betfred’s new customer offer, deposit £10 and place your first bet of £10 or more at odds of evens (2.00) or greater.

In return, you'll receive a total of five £10 free bets (a total of £50) for any race day across Cheltenham’s 2025 calendar.

In order to claim Betfred's new customer sign-up offer, you must take these simple steps:

1. First, create a new Betfred account by using the “GET OFFER” buttons shown on this page
2. Next, deposit £10 using a debit card.
3. Finally, place your qualifying bet of £10 or more at odds of evens (2.00) or higher within 7 days of registering.
4. Once your qualifying bet settles, you'll be credited five free bets each worth £10, ready to use on any Cheltenham race!

Once you have qualified for Betfred’s new customer welcome offer, you will receive your £50 worth of free bets, below, we have broken down how this works:

• Must be used on markets with odds of evens or higher;
• To be used as five separate £10 bets; 
• Three £10 Free Bets that can be used on any sport.
• Two Free £10 Acca Bets.
• Credited within 10 hours of initial bet settling.
• Will only return profit exceeding your total stake; 
• Must be placed separately from real cash bets.
• Will expire 7 days after accreditation if not used.

• Betfred’s general Terms and Conditions apply to this offer in addition to the Significant Conditions below.

Who is eligible for this Welcome Offer?

• Only available to new customers residing in the UK, Ireland and Gibraltar who are at least 18 years old
• Customers must be successfully verified by us before any Free Bets are awarded.

How do you get the Free Bets?

• Make your first deposit at least £10, using a Debit Card registered to you, within 7 days of registering an account with us. No other payment method will qualify.
• Customers depositing using prepaid Visa’s and Mastercard’s, or e-Wallets will not qualify for this promotion.
• Place your first bet of £10 or more on any qualifying Sportsbook markets, at odds of Evens or greater (2.0+), which must settle within 7-days of registering for your account. 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.
• Customers depositing using prepaid Visa’s and Mastercard’s, or e-Wallets will not qualify for this promotion.

What will not qualify?

• Bets placed using Free Bets.
• Bets on Totepool and Virtual Sports.
• If you CashOut your qualifying bet.

When will you be credited with your Free Bets?

• Your £50 in Free Bets will be credited within 10 hours of your qualifying bet being settled, and can be used as followed:
• 3 x £10 to use on any Sportsbook Markets
• 2 x £10 to use on Accumulators (4+ selections).
• Crediting may be delayed if additional documentation is required.

Are there any other limitations you should know about?

• Free Bets cannot be withdrawn as cash and will not form part of any winnings returned.
• 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 their Terms and Conditions.