Last Updated on 04/03/2026 by Andy Clark
BestOdds offer new customers 5 x £5 free bets when they deposit and bet £20 at minimum odds of Evens (2.00). Promo code BOP20X5FB is required at registration. The five free bets are released one per day over five days, starting from when your qualifying bet settles — making them ideal for spreading across the four days of the Cheltenham Festival. Each free bet must be used within 24 hours of being credited.
BestOdds launched in 2025 and holds a UK Gambling Commission licence. They offer live streaming of UK and Irish horse racing and daily price boosts across racing and other sports. For Cheltenham, the staggered free bet release aligns naturally with the four-day structure of the Festival, giving you a free bet to deploy on each day of the meeting.
Back to: Cheltenham Free Bets 2026 | Cheltenham Tips 2026
Why BestOdds for the Cheltenham Festival?
BestOdds are a new name in UK betting, but they have built a strong reputation quickly for competitive odds and a clean platform that is easy to navigate. Their offer structure for Cheltenham is one of the more practical in the market — five separate free bets spread over five days suits the Festival format better than a single lump sum token that needs to be used in one go.
Live Streaming of UK and Irish Racing — BestOdds offer live streaming of UK and Irish horse racing, meaning you can watch all four days of the Cheltenham Festival directly through your account. This is a genuine plus for a newer bookmaker — several others in this guide at a similar size do not offer streaming. A funded account or qualifying bet is typically required; check BestOdds terms for their specific requirement at the time of the Festival.
Best Odds Guaranteed on Selected Meetings — BestOdds offer BOG on selected UK and Irish horse racing meetings. While we cannot confirm the full list of qualifying meetings at the time of writing, the Cheltenham Festival is the biggest National Hunt meeting of the year and would be expected to be included. We recommend checking the BestOdds promotions page ahead of the Festival to confirm BOG is active. If it is, take your prices early on race day — if the SP is bigger when the race goes off, BestOdds will pay you out at the higher odds automatically.
Daily Price Boosts — BestOdds posts enhanced odds on selected markets every day, including horse racing. At Cheltenham, price boosts on featured runners give you access to odds above the standard market price. The day’s boosts are available on the promotions page and typically cover a mix of Championship race contenders and competitive handicap runners. These are available for a limited time and at capped stakes, so checking from early in the morning on each day of the Festival is recommended.
Competitive Odds — BestOdds pride themselves on their odds offering — it is, after all, the name they chose. Reviews of their markets across racing and other sports show a house margin of around 4-5%, which is competitive for a bookmaker of their size and compares well with the larger legacy brands. For Cheltenham, where a tick or two in odds on a 10/1 shot can make a meaningful difference to a winning return, consistent price competitiveness is a genuine advantage.
Free Bet Club for Existing Customers — Once you have claimed the welcome offer, BestOdds run a weekly Free Bet Club where placing a set amount of bets each week earns a £5 free bet. This is a simple loyalty reward that makes BestOdds worth maintaining as an active account beyond the Festival, particularly if you bet regularly on racing or other sports throughout the jumps season.
Deposit Restrictions — At present, BestOdds accept deposits via Visa debit card and Visa Electron only. Mastercard, bank transfer, PayPal, and e-wallets are not available. This is the most significant limitation of the platform for some customers — if you do not have a Visa card, you will not be able to deposit. This is a known area for development on their platform and is worth checking their deposit page at the time of the Festival to see if additional methods have been added.
BestOdds Cheltenham Sign-Up Offer — How to Claim
- Click this link to the BestOdds Cheltenham offer
- Register for a new account using promo code BOP20X5FB — this must be entered at registration
- Deposit a minimum of £20 using a Visa debit card or Visa Electron
- Place a qualifying bet of £20 on any selection at minimum odds of Evens (2.00)
- Receive your first £5 free bet on settlement of the qualifying bet, then one £5 free bet every 24 hours for four more days
Promo code BOP20X5FB is required and must be entered during the registration process. The qualifying bet can be placed on any sport, including horse racing, and any Cheltenham race qualifies as long as the bet meets the minimum odds requirement of Evens. The qualifying bet cannot be cashed out — it must be allowed to settle.
The offer is available to customers who register through a recognised affiliate partner. Clicking the link on this page ensures you qualify.
How the 5 x £5 Free Bets Work
BestOdds release the five free bets one at a time, starting from when your qualifying bet settles:
- Free bet 1 — credited on settlement of qualifying bet
- Free bet 2 — credited 24 hours after free bet 1
- Free bet 3 — credited 24 hours after free bet 2
- Free bet 4 — credited 24 hours after free bet 3
- Free bet 5 — credited 24 hours after free bet 4
The most important term to understand is the expiry. Each £5 free bet expires 24 hours after it is credited — not 7 days as with most bookmaker offers. This means each token must be used the same day it arrives. If you receive a free bet and do not use it within 24 hours, it will expire unused. Planning for when to place each free bet is essential.
Each free bet must be used in full as a £5 stake and cannot be split. Free bet stakes are not returned on winning bets — only the profit is paid out.
How to Use Your 5 x £5 at Cheltenham
Five £5 tokens arriving daily from when your qualifying bet settles gives you a natural Cheltenham structure — if you place your qualifying bet before or during Champion Day, the free bets can align neatly with all four days of the Festival, with one potentially left over for post-Festival racing.
One token per day of the Festival — The simplest and most effective strategy is to use one £5 free bet each day of Cheltenham. Given the 24-hour expiry, this is effectively how the offer works anyway — use the token that arrives each morning on your strongest selection from that day’s card before it expires.
Target bigger prices for more value — A £5 free bet at 10/1 returns £50 profit; at 6/4 it returns just £7.50. The free bets deliver their best value when placed on horses at 5/1 or bigger. The Grade 1 Championship races all carry shorter-priced favourites, but also strong each-way candidates and longer-priced contenders from the Willie Mullins or Gordon Elliott yards. The big-field Festival handicaps — the Coral Cup, Pertemps, and County Hurdle — tend to produce more open markets with a broader spread of prices, making them ideal races for a free bet deployment.
Use the daily price boost alongside — If BestOdds post a price boost on a runner you already like, combining that with a free bet token multiplies the return further. A 10/1 runner boosted to 12/1 on a £5 free bet returns £60 profit if it wins. Check the BestOdds promotions page from early morning on each Festival day.
For our race-by-race selections, see our Day 1 tips, Day 2 tips, Day 3 tips, and Day 4 tips.
BestOdds Cheltenham Offer — Full T&Cs
- New UK customers only
- Promo code BOP20X5FB required at registration
- Must register through a recognised affiliate partner (clicking the link on this page qualifies you)
- Minimum deposit: £20 via Visa debit card or Visa Electron only
- Qualifying bet: £20 on any selection at minimum odds of Evens (2.00)
- Qualifying bet cannot be cashed out — must settle
- On settlement: 5 x £5 free bets credited one per day over five days
- Each £5 free bet expires 24 hours from being credited — must be used the same day
- Each free bet must be used in full as a £5 stake — cannot be split
- Free bet stakes not returned on winning bets
- One offer per household, email address and IP address
Other Cheltenham Sign-Up Offers
See our full Cheltenham free bets guide to compare all available offers, or jump directly to other bookmaker pages:
bet365 Cheltenham Offer | Boylesports Cheltenham Offer | William Hill Cheltenham Offer | Ladbrokes Cheltenham Offer | Coral Cheltenham Offer | BetVictor Cheltenham Offer | SBK Cheltenham Offer | BetGoodwin Cheltenham Offer | CopyBet Cheltenham Offer
