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Paddy Power Cheltenham betting offer: get £40 in free bets for the festival today

Paddy Power - Cheltenham Free Bets

We are just over 24 hours away from the start of the long-awaited Cheltenham Festival and there is no better time to sign-up for a Paddy Power account and take advantage of their generous welcome bonus.

Paddy Power are an online sportsbook who are renowned for giving customers more. The Dublin-based bookie attracts a global audience due to their generosity, exciting markets, and eyecatching promotions, and new Paddy Power customers can bag £40 in free bets from just a £10 bet. You can take advantage of this superb bonus by clicking the link below.

Click here to claim your £40 free bet at Paddy Power.

The welcome bonus free bet is available to all new Paddy Power customers through this page. It takes just a few moments to complete and can be done from home using your desktop computer or on the move through the Paddy Power app.

Grab £40 in free bets from Paddy Power by clicking the image below:

Below, we detail the Paddy Power betting offer and how to sign up in order to get your hands on this exclusive free bet bonus for Cheltenham day one.

Cheltenham day one preview

As the gates open for the first day of the Cheltenham Festival, the air is charged with excitement and anticipation. The Supreme Novices' Hurdle kicks off the festivities, featuring a lineup of emerging talents ready to make their mark. The runners for day one have now been confirmed, and among the contenders, the clash between Mystical Power and Jeriko Du Reponet, both representing the JP McManus stable, adds a highly anticipated and fascinating narrative to the race.

The Champion Hurdle, the day's centerpiece, offers a twist this year with the absence of Constitution Hill, last year's winner and a dominant force in two-mile hurdles. This opens the door for new heroes to emerge, with last year's runner-up State Man drawing significant attention as a potential successor to the throne.

In the Mares' Hurdle, all eyes will be on Lossiemouth, who carries high expectations to extend her impressive form. And the Arkle Chase, always a predictor of future champions, is set to provide a glimpse into the stars of next year's Queen Mother Champion Chase.

With a blend of established stars and promising newcomers, the first day of the Cheltenham Festival is poised to be a memorable start to an exhilarating week of top-tier jump racing.

Paddy Power day one Cheltenham offer: £40 in free bets

The Paddy Power promotion is available to all new players today. When you register an account with this online betting giant – we’ll explain how shortly – you get £40 in free bets once you've staked just £10.

Click now to join Paddy Power, claim the welcome bonus, and bet on the Cheltenham Festival runners and riders.

The Paddy Power sign-up offer gives you many chances to win. You keep the profits if your selection does as expected and the wins the race, while also being able to enjoy a £40 free bet to use on the other races on the day. If things don't go to plan and your horse loses, you still have the free bet to have another go at finding a winner.

Steps on how to claim your Paddy Power Cheltenham betting offer

Paddy Power are one of the most-trusted online bookmakers going and signing up for the Paddy Power betting offer is fast, secure and straightforward. These simple steps ensure you are registered as a new player and can access your £40 Cheltenham Festival free bet using your smartphone or laptop. 

  1. Click here to register at Paddy Power
  2. Open a new account using promo code YHRCGO
  3. The Promo code should be automatically filled in
  4. Deposit a minimum of £10 using a card
  5. Place a single sportsbook bet at odds greater of 1-2
  6. Your £40 sports free bet will be awarded after your qualifying bet has settled.

Paddy Power Cheltenham betting sign-up offer: terms and conditions

We highly recommend that you take the time to read the terms and conditions attached to the Paddy Power sign-up promotion before signing up. This takes just a few minutes to complete and will improve your understanding of how this Cheltenham Festival betting offer works and what's expected of you as a new customer.

  • New customers only
  • Place a £10 Sportsbook bet on any Cheltenham Festival 2024 race at min. odds 1/2 (1.5).
  • Qualifying bet needs to be settled before 23:59 GMT 15/03/2024.
  • Free bets awarded on qualifying bet settlement
  • Only deposits via cards and Apple Pay will qualify
  • Free bet stake not returned
  • 18+ begambleaware.org
  • T&Cs apply  

How to spend your Paddy Power Cheltenham free bets

With Paddy Power offering a total of £40 in Cheltenham Festival free bets for this week's racing, there are plenty of options available for you to bet on. Here are some ideas:

Kim Bailey holds a strong hand and if the ground is really soft, I’ll be with Trelawne. Arguably he should've been unbeaten over hurdles, having hung badly left late on when making his challenge at Exeter on his second start, but he was otherwise flawless, including when winning a competitive handicap hurdle on Midlands National day at Uttoxeter last March. He started where he left off in making a winning chase debut at Carlisle in November and has since shown strong form behind the likes of Ginny’s Destiny, Grey Dawning and Colonel Harry. All four chase starts have been over a trip short of his best, so he should relish the extra distance here, and the soft ground will be perfect.

Came with a big reputation after winning an Irish point-to-point by 11 lengths, and duly showed that faith was not misplaced in winning comfortably on his first two starts over hurdles. He had to work hard when upped in class at Doncaster last time, but he was nicely on top at the finish to beat a pair of two-time winners on ground that was probably too quick for him and in a race that was slowly run (he'd have preferred more pace to aim at). The runner-up and third that day have since filled the first two places in a Grade 2 to bolster the form and this test should be right up his street.

Note, these odds are subject to change

Day one Cheltenham schedule

The Cheltenham Festival is the most highly anticipated meeting of the year for jumps fans, with the crowd producing an almighty roar ahead of the first race on Tuesday, March 12. The highlight of day one, the Champion Hurdle, will be without last year's winner Constitution Hill, and the talented State Man looks set to take advantage.

Tuesday, March 12

Why bet on Cheltenham with Paddy Power?

If the welcome bonus isn’t enough to convince you that Paddy Power are the best choice for your betting needs this week, we have a few more points of note. These benefits are available to both new and existing members.

Paddy Power offers better odds

Paddy Power offers better odds on many of the week’s most popular bets. Customers enjoy access to market best price on favourites and other leading runners at Prestbury Park.

Paddy Power offers more ways to bet

More ways to bet means more ways to win, and Paddy Power members have choices at their fingertips. Each race has several betting markets and specials, including yes/no on the favourite to win.

Paddy Power live streaming

Watch every race free with the Paddy Power live streaming tab. If you are a member of this bookie, you will enjoy an HD-quality live stream.

Paddy Power Cheltenham offers for existing customers

We’re sure you’ll agree the Paddy Power welcome bonus is worth having, and your share is just a click away. But there’s more good news. This online sportsbook offers deals, including best odds guaranteed, and an enhanced each way to all members. Here are the best of what’s available.

Best odds guaranteed

Bet on any horse in any race for the Cheltenham Festival and take the odds offered. Your bet will be settled at higher odds if the SP is better.

Free bets for losing accas

Place a horse racing accumulator with four or more selections this week and get your stakes back if you lose by just one leg.


To discover more Cheltenham Festival betting offers and free bets for both new and existing clients, make sure to explore the promotions provided by other top bookmakers in the UK and Ireland:


Commercial notice: This article contains affiliate links. Offers are handpicked and come from operators our experts have first-hand experience of. Opening an account via one of these links will earn revenue for the Racing Post, which will be used to continue producing our award-winning coverage of horseracing.


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