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The Best Cheltenham Festival Betting Sites in the UK

For jump racing fans, the meeting that matters is the Cheltenham Festival. Every year in March the best National Hunt horses from the UK, Ireland, and France do battle up the famous Cheltenham Hill. The Cheltenham Festival lasts for four days, starting on Tuesday and ending on Friday. If you enjoy having a flutter on the horses, we reveal the best Cheltenham Festival betting sites in the UK on this page.

Our racing betting experts look at a number of aspects, including bonus and odds quality, the regularity of Cheltenham Festival betting promotions and also whether live streaming is an option. Keep on reading to find out which UK bookies are best for betting on the Cheltenham Festival.

Top UK Cheltenham Festival Betting Sites

Bookie Bonus Play
Paddy Power Review Paddy Power Review £20 Money Back Offer Visit
New customers from the UK or Republic of Ireland only • The minimum deposit is £20 • Only deposits made with credit/debit cards and PayPal are eligible • Only sportsbooks bets qualify • Your first ever bet will be counted as the qualifying bet • Maximum refund is £10 • Refund will be processed within one hour after the qualifying bet has been settled as a loser • Customers registering through this offer are not eligible for any other sign up promotion • 18+ • Full T&Cs Apply
Coral Review Coral Review Bet £10 Get £30 Visit
18+ • Eligible UK+IRE players • Paypal & some deposit & bet types excl • Min first £10 bet within 14 days of account reg at min odds 1/2 = 3x £10 free bets • Free bets valid for 7 days, stake not returned • No cashout, restrictions + Full T&Cs apply • begambleaware.org
bet365 Review bet365 Review Up to £100 in Bet Credits Visit
Open Account Offer • Up to £100 in Bet Credits for new customers at bet365 • Min deposit £5 • Bet Credits available for use upon settlement of bets to value of qualifying deposit • Min odds, bet and payment method exclusions apply • Returns exclude Bet Credits stake • Time limits and T&Cs apply.
Betfair Sportsbook Review Betfair Sportsbook Review Up to £100 in Bet Credits Visit
New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times to receive maximum £100 bonus • Min odds 1/2 (1.5) • Exchange bets excluded • Full Betfair T&Cs apply.
William Hill Review William Hill Review Bet £10 Get £30 Visit
New online customers only • Min £10 stake • Win only • Min odds 1/2 • Free bets paid as 3x £10 • 30 day expiry • Free bet/payment method/player/country restrictions apply • Full Terms Apply • 18+ • begambleaware.org
Unibet Review Unibet Review £40 Money Back Offer Visit
18+ • Deposit £10 • Wager bonus money 3x at min. at odds of 2/5 or greater in Sportsbook • If you use your sports bonus on casino – wager bonus money 25x on casino games • Bonus expires after 7 days • £10 casino bonus credited next working day • 35x wagering on casino bonus • 1 bonus can be used at a time • Sportsbook bonus must be wagered before casino, unless bonus has been forfeited • Further T&Cs Apply • begambleaware.org
Ladbrokes Review Ladbrokes Review Bet £5 Get £20 Visit
18+ • New UK+IRE customers • PayPal and certain deposit types and bet types excluded • Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets • Free bets valid for 7 days on sports • Full Terms Apply • begambleaware.org

As we stated in the previous section, we judge betting sites on a number of different characteristics. As far as our experts are concerned, Paddy Power is just about the best Cheltenham Festival betting site in the UK. The competition was fierce though and there was very little between most of our top Cheltenham betting sites. The final list is above.

Paddy Power Cheltenham Promotions

betting on horse racing with paddy power mobile

Paddy Power comes out on top for betting on the Cheltenham Festival for a number of reasons. They are usually one of the first bookies to go non-runner no bet, a huge positive for punters who want to get on early and minimise risk. Paddy Power Cheltenham Festival promotions are the stuff of legend. They are never afraid to run money back specials that involve refunding losing bets if the banker of the week wins. If you sign up with Paddy Power

Paddy Power Cheltenham Promotions: Money Back Specials up to £50!

Paddy Power loves to grab the attention of punters with amazing money back specials. Every year at Cheltenham Paddy Power usually offer money back on all losing bets if a certain horse wins a race (usually the ‘banker’ of the week). For example, in 2019 Paddy Power offered money back on all races on Day 1 of the Cheltenham Festival if the SP favourite won!

So, if you are planning on taking on a hot favourite, check to see if Paddy Power have a money back special. The maximum refund is usually £50 and is paid as a free bet token. Certain wagering restrictions may apply to the free bet, check Paddy Power for full T&Cs.

Paddy Power Cheltenham Festival: Extra Place Specials

At Cheltenham big fields are usually the order of the day. The Champion Chase and Arkle are the two exceptions, but the rest of the races normally have 16+ runners. If there is a big field, Paddy Power can usually be relied upon to have extra place specials available for each way punters.

For Graded races, no matter how big the field is the standard e/w terms are 1/5 odds 1-2-3 places. Paddy Power offers extra places for Graded Cheltenham Races regularly, usually paying out on the 1-2-3-4 at 1/5 odds.

Handicaps can have up to 24 runners at Cheltenham and in fields of that size standard e/w terms are 1/4 odds 1-2-3-4. You will often find extra place offers for these races with Paddy Power too, but there is a catch. They may offer 5 or even 6 places, but only at 1/5 odds rather than 1/4 odds.

Bookie Bonus Play
Paddy Power Review Paddy Power Review £20 Money Back Offer Visit
New customers from the UK or Republic of Ireland only • The minimum deposit is £20 • Only deposits made with credit/debit cards and PayPal are eligible • Only sportsbooks bets qualify • Your first ever bet will be counted as the qualifying bet • Maximum refund is £10 • Refund will be processed within one hour after the qualifying bet has been settled as a loser • Customers registering through this offer are not eligible for any other sign up promotion • 18+ • Full T&Cs Apply

William Hill Cheltenham

While Paddy Power ended up as our best Cheltenham festival betting sites, William Hill wasn’t far behind. One of Britain’s best-known bookies on the high street and online, William Hill are top-notch when it comes to Cheltenham festival coverage.

You can stream every race live and there are one or two William Hill Cheltenham promotions that you will definitely want to check out. To give you a taste of what you might expect, we look back one of the best past William Hill Cheltenham promotions below…

William Hill Cheltenham Double Your Winnings Offer

For the past couple of years William Hill has run a ‘Double Your Winnings’ promotion for certain races at the Cheltenham festival. This offer does exactly what it says on the tin. If you land a win or each way bet on the nominated Cheltenham race, William Hill will double your returns up to a maximum bonus of £100. Check out some of the key terms and conditions associated with this William Hill Cheltenham Festival promotion below…

William Hill Double Your Winnings Cheltenham T&Cs

  • Applies to first bet placed on nominated race only.
  • Pre-race win or each way bets only.
  • Max bonus paid is £100 regardless of the amount won.
  • Bets placed using Free Bet tokens will qualify.
  • If your first bet is a non-runner the offer transfers to your second bet.
  • Check William Hill for full terms and conditions.
Bookie Bonus Play
William Hill Review William Hill Review Bet £10 Get £30 Visit
New online customers only • Min £10 stake • Win only • Min odds 1/2 • Free bets paid as 3x £10 • 30 day expiry • Free bet/payment method/player/country restrictions apply • Full Terms Apply • 18+ • begambleaware.org

Cheltenham Festival Free Bets and Promotions

betting on the cheltenham festival

The Cheltenham Festival is one of the UK’s biggest betting events and bookies try to take advantage of this by running lots of specials and welcome promotions to catch the eye of potential new customers. The range of different promotions on offer for the Cheltenham Festival is quite diverse. Some bookies prefer to run money back specials or enhanced each way promos, while others offer enhanced odds for new customers. Below we look at the different type of specials you might encounter for this year’s Cheltenham festival.

  1. Cheltenham Festival Money Back Specials: Paddy Power is famous for offering money back on losing bets on a race (or races) if a certain horse wins at the Cheltenham Festival. In 2019 they escaped lightly, but in 2018 they offered money back on all losing Champion Hurdles bets if Buveur D’Air won (which he did!).
  2. Cheltenham Festival Enhanced Each Way Promotions: Enhanced each way terms are by far the most common type of promotion for Cheltenham. Nearly every major UK bookie, including William Hill, Betfair and Bet365 offer extra places at 1/5 odds for all the biggest Cheltenham Festival races. So, if you are an each way punter make sure to shop around to find the best terms.
  3. Cheltenham Festival New Customer Offers: Many betting sites use the Cheltenham Festival to try and snare new members by offering huge enhanced odds on a certain horse. For example, in 2019 Paddy Power offered 80/1 on Clan des Obeaux for the Gold Cup for new customers. Stakes were limited to £1 but even so, if you fancy a horse and the odds are enhanced then this type of offer is well worth taking advantage of.
  4. Cheltenham Festival Free Bet Offers: William Hill ran a brilliant promotion for Day 1 at Cheltenham in 2019. If you signed up and placed a £20 win or e/w bet on the first race, you were awarded free £10 bets for the remaining 6 races on the card. A William Hill promo code was required for this offer, so watch out for any similar William Hill Cheltenham specials in 2020.
  5. Cheltenham Festival Non-Runner No Bet (NRNB): Ante-post betting is a risky business as if your horse doesn’t run, you lose your stake. Most races are ante-post up until final declarations, but for Cheltenham the likes of Betfair, Paddy Power, and Betfred go non-runner no bet sometimes as much as a month before the race. With NRNB if your horse doesn’t run you get your money back. So, if you are having a bet well in advance of the festival, make sure to check if any betting sites are NRNB,
Bookie Bonus Play
Betfred Review Betfred Review Bet Min £10, Receive £30 Free Bet and £30 Free Spins Visit
New UK customers only • Only your first bet with Betfred counts towards this offer • First bet must be placed at a cumulative price of evens or greater • The minimum bet is £10 • Customers may be required to confirm their participation by responding to an automated SMS message • Your first bet must be placed on Sportsbook markets • Cashed out bets do not count towards this offer • The minimum and maximum free bet amount is £30 • All free bets are valid for 7 days • Customers depositing using prepaid Visa’s and MasterCard’s, or e-wallets will not qualify for this promotion • Full T&Cs Apply • 18+

Given the massive amount of promotions usually available for the Cheltenham Festival, it is prudent to shop around and find the one best suited for your betting needs. To find out more about how to bet on the Cheltenham festival and information on some of the biggest races, keep on reading.

Cheltenham Festival Betting Sites – Big Race Winners 2019

Race Winner Jockey / Trainer
Champion Hurdle Espoir D’Allen M Walsh / G Cromwell
Champion Chase Altior N De Boinville / N Henderson
Stayers Hurdle Paisley Park A Coleman / E Lavelle
Gold Cup Al Boum Photo P Townend / W Mullins

 

Cheltenham Odds 2020: The Gold Cup

The biggest race of the whole week at Cheltenham is the Gold Cup. This race is the pinnacle of the sport for staying chasers and while the Grand National may be the nation’s most popular race, the Gold Cup is of a much higher quality. In 2019 Irish trainer Willie Mullins finally landed his first Gold Cup with Al Boum Photo. He will surely be back to try and retain his crown in 2020, while the likes of Native River, Clan des Obeaux and runner up Anibale Fly will be snapping at his heels.

At the time of writing the race was still months away but most bookies had ante-post Gold Cup betting available. Stablemate Kemboy heads the market at around 13/1 with Betfair and Al Boum Photo is 8/1 with William Hill. However, with Altior stepping up in trip for the King George, that could change dramatically if he wins. The Champion 2 miler is a best price of 16/1 with Unibet and it will be fascinating to see if he stays. If he does he will almost certainly start as a short priced favourite.

However, at odds of 33/1 we think Anibale Fly is a huge price. A gallant 2nd in the race last season, he then went on to finish a fine 5th in the Grand National at Aintree. He has now finished 3rd and 2nd in two Gold Cup runs and connections will surely target him at the race again. He had too much to do in the closing stages in 2019 and if he is a bit closer jumping the last in 2020 he could well go one better. Anibale Fly is the Mybettingbonus e/w ante post tip for the 2020 Cheltenham Gold at odds of 33/1 with Paddy Power.

Cheltenham Festival Betting Tip 2019/20: Anibale Fly e/w @ 33/1 Paddy Power

Cheltenham Gold Cup Odds Comparison

Horse Paddy Power Will Hill
Kemboy 6/1 5/1
Al Boum Photo 7/1 8/1
Topofthegame 10/1 8/1
Santini 10/1 11/1
Lostintranslation 10/1 12/1
Delta Work 12/1 14/1
Altior 14/1 12/1
Presenting Percy 20/1 16/1
Clan des Obeaux 20/1 12/1
Anibale Fly 33/1 33/1

Cheltenham Festival Betting Tips and Advice

Cheltenham might be very popular with punters, but it is a notoriously difficult race meeting to make a profit on. There are almost 30 races during the week and the handicaps are especially challenging. If you are serious about making a profit, you need to be very disciplined. Our horse racing experts have bags of Cheltenham festival betting experience. Check out some of their key Cheltenham betting tips and advice below…

How To Bet On The Cheltenham Festival

  1. Discipline: Don’t place bets on races at Cheltenham just for interest. Choose your selections wisely and don’t bet on every race. Discipline is key to making a profit from betting on the Cheltenham Festival and if you bet on every single race, the chances of you making a profit are minimal.
  2. Course Form:  One of the key stats to look for is whether a horse has previous course form. Cheltenham has one of the stiffest finishes in racing and if a horse has already proven his ability to stay on strongly up the hill, it is a huge plus.
  3. Ground: As an old professional gambler once said, there are three important things to consider before backing a horse; The ground, the ground, and the ground! There is no point in backing a slow ground horse when conditions are quick and vice versa. Look back at your selections previous results to ensure that it will handle the prevailing ground conditions at Cheltenham.
  4. Trainer/Jockey Form: Stables and jockeys can be streaky and their form comes and goes. So, make sure to watch out for red hot trainer/jockey combinations in the weeks leading up to the Cheltenham Festival. If you spot a smaller yard that is firing in the winners and they have festival runners (especially in the handicaps) they can often be worth following for the week.
  5. Market Movers: We have all heard of monstrous gambles being landed at Cheltenham. However, you never really hear about the gambles that go astray and there are a lot more of those. If you follow market moves, be selective. Those who choose to blindly back any horses that move in the market won’t be long in losing their shirts.

Cheltenham Festival Betting Markets

Depending on what bookmaker you use, there will be a big range of Cheltenham Festival betting markets to choose from. Win and each way bets are common and popular, as are forecasts, tricasts, and placepots. Some bookies, like William Hill and Paddy Power, have Tote Placepot/Quadpot/Jackpot betting available, as well as other markets like betting without. You can discover more about the many markets at Cheltenham Festival betting sites below…

Cheltenham Festival Betting: Ante Post/Futures

Ante-Post markets are usually formed for the big races at Cheltenham as soon as the previous year’s festival has finished. With ante-post bets, you will get excellent odds but they are inherently risky wagers. If you back a horse ante-post and it doesn’t run for whatever reason, you lose your money. National hunt horses are very susceptible to injuries, so keep that in mind when choosing your stake size for ante post bets. Watch out for when bookies like Paddy Power and Unibet go NRNB (non-runner no bet) too, as this means you’ll get your money back if your selection doesn’t run.

Bookie Bonus Play
Unibet Review Unibet Review £40 Money Back Offer Visit
18+ • Deposit £10 • Wager bonus money 3x at min. at odds of 2/5 or greater in Sportsbook • If you use your sports bonus on casino – wager bonus money 25x on casino games • Bonus expires after 7 days • £10 casino bonus credited next working day • 35x wagering on casino bonus • 1 bonus can be used at a time • Sportsbook bonus must be wagered before casino, unless bonus has been forfeited • Further T&Cs Apply • begambleaware.org

Cheltenham Festival Betting: Win/Each Way

Straight win or each way bets are by far the most commonly placed wagers at Cheltenham. A straight win bet means your horse has to win to get a return. Each way bets split your stake between the win and place markets, so you’ll need your horse to finish in the places to get anything back. Many betting sites, like Betfair and Betfred, run extra place e/w specials throughout the week. So, make sure to avail of any relevant promotions if you are going to have an each way bet at the Cheltenham Festival.

Cheltenham Festival: Betting Without

Although the Cheltenham Festival is an ultra-competitive meeting, there are usually a few races where there is a red hot odds on favourite. For example, the mighty Altior has been a very short price at Cheltenham the past couple of seasons. Most bookies, including Paddy Power and William Hill, formed ‘Betting Without Altior’ markets. The market worked exactly the same as the normal win/each way market but bets were settled with Altior discounted from the final result. In 2019 if you backed the runner up Politologue in the betting without Altior market, you were paid out as a winner at reduced odds compared to starting price (SP).

Cheltenham Festival In Running Betting

If you are someone who has watched a lot of racing over the years, betting live or in running on Cheltenham races can be a profitable way to wager. Say you fancy a hold up horse who is priced up at 5/1. During the race, your selection will be most likely nearer last than first and chances are, you will get much bigger odds in-play than if you backed the horse pre-race. The Betfair exchange is one of the most popular sites for in-running betting on Cheltenham, but you can bet live on racing with Bet365 too.

Bookie Bonus Play
Betfair Sportsbook Review Betfair Sportsbook Review Up to £100 in Bet Credits Visit
New customer offer • Place 5 x £10 or more bets to receive £20 in free bets • Repeat up to 5 times to receive maximum £100 bonus • Min odds 1/2 (1.5) • Exchange bets excluded • Full Betfair T&Cs apply.
bet365 Review bet365 Review Up to £100 in Bet Credits Visit
Open Account Offer • Up to £100 in Bet Credits for new customers at bet365 • Min deposit £5 • Bet Credits available for use upon settlement of bets to value of qualifying deposit • Min odds, bet and payment method exclusions apply • Returns exclude Bet Credits stake • Time limits and T&Cs apply.

Cheltenham Festival Betting: Value Is King!

horse racing betting

The most basic thing you can do to ensure you maximise winnings from betting on Cheltenham Festival races is to find the best odds. It is a no brainer, because even the smallest differences in odds for single bets turn into quite substantial differences over time. A difference of 0.1 in odds translates as a 10% difference in returns. Over a sample of 100 or 1000 bets, you will see how dramatic an effect an apparently small discrepancy in odds will have on overall profits.

As you can see from our Gold Cup odds comparison table, Paddy Power, William Hill, and Unibet are all best price for different horses. This demonstrates just how important it is to shop around when betting on the Cheltenham Festival. It could make all the difference between making a profit or a loss.

Cheltenham Festival Live Streaming Betting Sites

More and more UK betting sites are now offering customers live horse racing streaming. With most UK bookies, you need to place a bet of a certain value on a race to qualify for live streaming. The majority of our top Cheltenham Festival UK betting sites have live streaming available for every Cheltenham race during the week. With Paddy Power and William Hill, you’ll need to place a £1 bet on a race if you want to watch it live.

Cheltenham Festival Mobile App Betting

Mobile betting is quickly catching up with desktop betting in terms of popularity. Younger punters in particular love betting on their mobile phones, so it is imperative that old and new betting sites cater to these customers. Most of our top Cheltenham festival betting sites have good mobile apps and web apps where you can bet on the Cheltenham festival AND watch every race live. We liked the Paddy Power and BetVictor mobile apps, and even though they don’t have live Cheltenham streaming, MoPlay’s mobile app is worth a second look too.

Bookie Bonus Play
MoPlay Review MoPlay Review Bet £10 Get £30 Visit
18+ • New customers only • Cash out unavailable for free bets • Bets placed using funds deposited by PayPal or pre-paid cards won’t qualify • Minimum odds of 1/2 (1.5) for qualifying bet • Full T&Cs apply.

Cheltenham Festival Betting Sites FAQs

If your betting site is licensed by the UK Gambling Commission you can rest assured that you can bet legally on the Cheltenham Festival. Even if a bookie hasn’t got a license, you won’t be breaking any laws by betting with them. However, it is a risky business betting with an unlicensed betting site and we do not recommend it. Instead, stick to the fully licensed betting sites we mention on this site. You can be sure they will pay you out on any winning bets and most importantly, they will keep your sensitive personal data safe.

Yes, the majority of the top UK Cheltenham Festival betting sites in our list have live streaming of every Cheltenham race available. In fact, you can stream every single UK and Irish horse race live with William Hill, Paddy Power, and Betway. To qualify for live Cheltenham streaming, you’ll need to place a qualifying bet on the race you wish to stream. The minimum stake can vary, check our betting site reviews for further information.

As we explained briefly earlier, it is absolutely vital that you find the most generous odds if you are betting on the Cheltenham festival. Our Cheltenham Gold Cup odds comparison table neatly demonstrates how prices can vary quite a lot between betting sites. Paddy Power, William Hill, and Unibet are all usually pretty good for Cheltenham odds, but as we are always saying, shop around to make sure you locate the value.