The 2023 Cheltenham Festival kicked off on Tuesday, March 14, and will run through the end of the week, providing horse racing betting fans with dozens of races that give bettors the ability to earn some cash at the track or from their homes. 

With a number of online sportsbooks providing elite welcome bonus offers to new players, there’s an opportunity to start your sports betting experience with a bang as you watch all the action in the UK. Here’s what you need to know before you start placing bets with the best UK bookmakers and Irish betting sites on one of the biggest horse racing events of the year:

Best Cheltenham Festival Welcome Bonuses

Ladbrokes Cheltenham Betting Promo

Players who sign up for an account with Ladbrokes and place a £5 stake on odds of 1/2 or greater will receive £20 in bonus bets. 

What we like about this specific offer is that you’ll be awarded four £5 bonus bets so you can spread them out across qualifying sportsbook markets as you get a feel for the types of events you like the place bets on.

BetVictor Cheltenham Betting Promo

Register for a new account at BetVictor and make a £5 stake on even odds or greater and you’ll receive £30 in bonus bets. 

These bonus bets are paid out as two £10 bonus bets to be used on even odds or greater and a £10 slot bonus to be used at the casino. You can, of course, also win your original wager that unlocks the bonus bets. 

10Bet Cheltenham Betting Promo

Putting bonus funds in your virtual pocket without ever placing a bet is a great way to get started. That’s the deal with 10Bet, which provides players with a 50% first deposit match up to £50. 

You’ll need to deposit at least £15, and we recommend maximizing this deal since it’s a one-time offer. There are some playthrough requirements on the bonus bets you receive, but it’s always nice to be “up” funds before you’ve ever wagered any of your own cash.

BetUK Cheltenham Betting Promo

The largest welcome bonus offer on this board comes from none other than BetUK. Bettors who place a £20 bet will receive £60 in free bets. 

There are some playthrough requirements on the free bets, which must be used on particular markets such as US Masters winner, horse race events, and others. But on the bright side, that’ll let players test out a number of different markets as they’re getting started with BetUK. Read the full T&C to see how the bonus bets must be used after you’ve earned them.

William Hill Cheltenham Betting Promo

One of the oldest operators in the industry was bound to have a great deal for players to use during the Cheltenham Festival. Bettors who sign up for a William Hill account and stake at least £10 on odds of 1/2 or greater will receive £30 in free bets. 

You’ll receive three £10 free bets that are good for 30 days, giving you plenty of time to find odds of your choosing to place them on. 

Bet365 Cheltenham Betting Promo

It doesn’t get any bigger than Bet365, and they’re delivering a solid welcome bonus to new players who register during the Cheltenham Festival. Place a stake of £10 or more on the odds of your choosing and earn £30 in bet credits. 

Both your original wager and any bonus bets must be used on odds 1/5 or greater, which are pretty small thresholds to bet through when considering the volume of odds that Bet365 provides bettors.

BetFred Cheltenham Betting Promo

The BetFred Cheltenham betting promo is straightforward: Make an initial stake of £10+ on even money odds or better and receive £40 in bonuses. 

The caveat here is that £30 of the bonuses can be used on sporting events (like the Cheltenham Festival) and £10 can be used as a casino bonus. Note that all bonuses must be used within seven days of receiving them.

Bet £10 And Get £50 in Free Bets

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New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

Tote Cheltenham Betting Promo

One of the more unique offers on the board is Tote’s Cheltenham betting offer. New users who register for an account and stake at least £10 on racing pools will receive £40 in Tote credit. This credit is split evenly between £20 on racing bets and £20 on exotics, allowing new bettors to try out different bet types and markets to begin their betting experience.