Betfred Launches 100K Cheltenham Festival Competition!

Think your Cheltenham bets are on the money? Put your money where your mouth is and be in with a chance of winning £100K!

Mark LeachMark Leach
March 6th, 2023
Betfred free bets
Cheltenham Festival 2023...

Betfred, like many UK bookies, are ramping up activity in the run-up to the 2023 Cheltenham Festival. As well as promoting some of the most reasonable ante-post odds, Betfred has also launched a series of Cheltenham-specific promotions, ensuring its horse racing punters can enjoy Cheltenham to the fullest!

The standout offer is the 100K Cheltenham Festival Competition, which, as its name suggests, puts £100,000 worth of prize money on the table!

How Does it Work?

Here is how the offer works! You will need to be an existing member of Betfred with a verified account to take advantage of the offer.

Once your account has been created, head over to the "Promotions" page and select the "£100K Cheltenham Festival Competition" option. Here, you can opt in to the offer.

Betfred will then issue you with a free bet to the value of £1. You must use this £1 to play a bet on the 2023 Cheltenham Festival. What is so great about this promotion is the fact that ALL bet types are covered.

At the end of the festival, the customer whose bets paid off the most will win an extra £100,000. This will be confirmed by 17:00 on March 18, 23.

More About this Cheltenham Offer

This promotion is available via the website and the Betfred mobile app.

The free bet stake will not be included in the returns. But, if you do manage to back the £100,000 prize, you are not likely to be worried about the £1 free bet! It is also important to note that tote bets will not count towards the qualifying bet.

Sign up to Betfred!

If you are not yet a member of Betfred then now is a great time to create an account. Register via and enjoy a welcome bonus of £40 PLUS entry into this amazing competition.