Get £40 to spend on horse racing with Betfred

Advertisement for Betfred offering £40 in free bets when betting £10, with an additional £10 free bet daily at Cheltenham.

BETFRED have a belter of an offer for new customers to use on this year’s Cheltenham Festival, which rolls into day three today.

Brand-new Betfred customers who register an account and bet £10 will be rewarded with £40 in free bets for horse racing!

That’s not all. Betfred will also give customers a £10 free bet every single day of the Festival when they stake a tenner on the first race of each day at Prestbury Park.

St Patrick’s Day is set to be a thriller so at the track and punters can take advantage of Betfred’s big offer – which includes an extra £10 free bet when you bet £10 on the first race.

How to claim..

Betfred welcome offer

  1. Visit the Betfred website HERE*
  2. Register an account using the Promo Code: FRED40
  3. Deposit £10 using a Debit Card
  4. Place your first bet of £10 or more on any horse racing markets, at odds of Evens or greater
  5. Once that bet has settled, Betfred will credit your account with £40 in Free Bets

Betfred: Get £40 in free bets

New to Betfred and on the lookout for a terrific Cheltenham offer?

Simply register a brand new account with Betfred using the Promo Code: FRED40 and deposit a minimum of £10 using a debit card.

Then just stake that tenner on any qualifying sports market at odds of Evens or greater – including the action from Cheltenham.

After that, you’ll receive the following free bets;

  • 2 x £10 to use on any Sportsbook Markets
  • 2 x £10 to use on Accumulators (4+ selections)

Cheltenham Festival: Get over £500 in free bets

Cheltenham Day £10 daily free bets

Remember, Betfred will also give customers a £10 free bet every single day of the Festival when they stake a tenner on the first race of each day at Prestbury Park.


Remember to gamble responsibly

A responsible gambler is someone who:

  • Establishes time and monetary limits before playing
  • Only gambles with money they can afford to lose
  • Never chase their losses
  • Doesn’t gamble if they’re upset, angry or depressed
  • Gamcare – gamcare.org.uk
  • GambleAware – GambleAware.org

Read our guide on responsible gambling practices.

For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to gamstop.co.uk to be excluded from all UK-regulated gambling websites.


*New customers only. 00:00 06/03/26 – 23:59 13/03/26. Register with FRED40, deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get £20 in Sports Free Bets & £20 in Acca Free Bets within 24 hours of settlement. 7-day expiry.  Eligibility, payment exclusions & T&Cs Apply.

*18+. Betfred £10 free bet. Opt in daily & place a Win or Each Way bet of £10 or more on the first race on every day at Cheltenham 2026 and we’ll give you £10 in Free Bets to use at Cheltenham on the same day!

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