The biggest event on the horse racing calendar, the Cheltenham Festival, takes centre stage next week as the best in the business come together to battle it out and secure their place in the history books.

The biggest event in racing is also the biggest for bookmakers, with fans and punters looking for the latest and greatest offers to get the most out of their Cheltenham betting experience.
We have put together this article all about the offer available from Spreadex for Cheltenham, where customers can claim £40 in free bets! To find out more about the offer, including how to sign up and claim, betting markets, top features, a guide to the event and more, keep reading below as we cover everything you need to know!
CLAIM THE SPREADEX CHELTENHAM OFFER HERE
T&Cs: Spread betting losses can exceed deposit. 18+ http://www.gambleaware.org. Place a £10 fixed odds bet at minimum odds of 1/2 and get 2 x £10 free fixed odds bets, 4 x £5 free spread bets + £1 Race Index spread bet.
18+ Gambling Can Be Addictive. Please Play Responsibly. Registration Required GambleAware GamStop Gambling Commission.
DISCLAIMER: All the offers displayed in this article are correct as of the day of publishing and are subject to change without notice.
Spreadex Cheltenham Free Bets Offer for 2025
In preparation for the start of the Cheltenham Festival Spreadex is offering all new customers the opportunity to receive up to £40 in free bets when they sign up and bet just £10. Receive 4x your initial bet back and get the most out of your Cheltenham Festival betting at the bookmaker.
Once you have registered your account and bet £10, you will receive your Spreadex Cheltenham Festival free bets in two lots, half once your bet settles and half after 24 hours, as follows:
Once your bet has settled:
- £10 free fixed odds bet
- £5 free Total Goals football spread bet
- £5 racing Winning Favourites spread bet
- £1 racing Race Index spread bet
After 24 hours:
- £10 free fixed odds bet
- £5 free Total Goals football spread bet
- £5 racing Winning Favourites spread bet
Alternative Cheltenham Bookmaker Offers
The offering of Bet 10 Get 40 from Spreadex is an extremely competitive promotion for Cheltenham Festival this year! However, if you already have an account with Spreadex or want to claim even further free bets ahead of this year’s festival, check out our alternative recommended Cheltenham bookmaker offers here:
Step-by-step Guide to Claiming Spreadex Free Bets
Sound like an offer you would like to grab ready for the festival? Good news! It is really quick and easy to claim, just follow our step-by-step guide below.
- Click the link to be taken to the Cheltenham Festival Spreadex free bets offer.
- Complete the sign up process entering your full name, email address, date of birth, and phone number.
- Create a username and password combination to become your login details.
- Complete any account verifications necessary.
- Sign into your account and make your first deposit of £10.
- Explore the various betting markets available and place your first qualifying £10 fixed odds bets at odds of 1/2 or greater.
- Wait for this to settle to receive your first set of rewards!
Key Terms and Conditions to Consider
Before claiming any offer ahead of the festival, it is important to check over the terms and conditions to ensure you are fully informed of what is required from you in order to receive your rewards. We have looked at some of the key T&Cs you may come across during your Spreadex Cheltenham Festival betting below.
Minimum Requirements – most promotional offers will have minimum deposit requirements attached in order for bettors to qualify to receive their rewards. In this case, new customers at Spreadex must deposit at least £10 to go on to claim the offer.
Expiry Dates – when claiming offers that contain rewards such as free bets, these often have expiration dates attached that you will need to use them by or risk losing them entirely. This tends to be seven days from being received.
Eligible Markets – there are often restrictions on what markets bettors can wager on in order to qualify for an offer. Check what these are before placing your bets to ensure you qualify to receive the rewards from an offer.
Rollover Requirements – before claiming any offer, check for what is required for you to spend afterwards in order to receive any of your potential winnings back. Make sure you are comfortable with the amount and aware of what you must do in order to keep anything you may win.
Spreadex Cheltenham Betting Markets
There is a great selection of Spreadex Cheltenham Festival betting markets available to punters throughout the event. We have looked at some of them below.
Win
New and existing customers at Spreadex can place a range of ‘Win’ bets at the platform and access a range of competitive odds that challenge other top Cheltenham bookmakers. Simply select the runner you think will win in a race and place your bet. Should your selection go on to win, your bet will also win!
Each Way
Placing an each way bet involves two bets being placed on the same horse in the same race. Available across lots of runners and races throughout the festival, this way of betting at Spreadex means bettors can still see their bet be a success should the runner they choose to win, wins, or finishes in the top three places.
Accumulators
An exciting way to build a larger bet with higher potential returns, bettors who place acca bets at the platform can add in multiple selections from across a day or the entire event and tie it all into one. It is a way to really get involved in multiple races, however, in order for your acca bet to win, all of the selections involved in your bet must win.
Match Bets
An exciting alternative to regular fixed-odds betting is match betting. How this works is the platform puts out a prediction or ‘spread’ of what the traders think will happen across a variety of different scenarios. You, as a punter, will then buy on the spread if you think the outcome will be higher than the prediction or sell on the spread if you think it will be lower. This is one of the unique features available to Spreadex Cheltenham Festival betting customers.
Spreadex Top Features for Cheltenham
So many great features are available to punters using Spreadex for their Cheltenham Festival betting. We have looked at some of our favourites in more detail below.
Non-Runner No Bet
Non-Runner No Bet (NRNB) is a way of betting available at Spreadex on the festival that helps to provide punters with a bit of a worry-free experience. Available across almost all of the races of the festival, this is an insurance or guarantee that if a runner in a race is unable to take part, any bets that have been placed on it will have the initial stake amount returned back to either a cash or as a free bet to use to place another.
Live Streaming
Alongside your Spreadex Cheltenham Festival betting, there is also the ability to live stream the races thanks to the platform’s streaming services. Bettors can ensure they do not miss any of the actions throughout the four days. It is available on the website and the mobile app, and the streams are also top quality ensuring minimal to no buffering and high-definition pictures throughout.
In-Play Betting
A feature that can be used alongside the live streams across the festival is the extensive in-play section. Spreadex offers a huge selection of in-play markets to make for more exciting betting and to allow punters to really get involved while watching the races. Place and even amend your bets according to the action as it happens on the course, and even grab exclusive odds and offers!
Why Choose Spreadex for Cheltenham Bets?
Offering a unique way of betting on the iconic horse racing festival, Spreadex is home to some of the most competitive fixed odds and spread betting selections in the UK market. Explore the platform to discover all of the possibilities on offer for the festival, including an intelligent and user-friendly platform that makes placing your bets simple and finding the markets you want quick and easy. There is a great range of promotions on offer, including the Spreadex Cheltenham Festival free bets for new sign-ups who can get started in a flash, thanks to the simple sign-up process. Place bets and watch the action alongside using the live betting and streaming capabilities that are available ensuring you never miss any of the action.
Overall, if you’re looking for a great new bookmaker for your Cheltenham free bets, Spreadex is a great option.
Guide to Cheltenham Festival 2025
Cheltenham Festival 2025 officially gets underway from Tuesday 11th March – Friday 14th March.
There are four feature races across the festival, taking place at 16:00 each day.
Day 1 – The Unibet Champion Hurdle (Grade 1)
Day 2 – The BetMGM Queen Mother Champion Steeple Chase (Grade 1)
Day 3 – The Paddy Power Stayers’ Hurdle (Grade 1)
Day 4 – The Boodles Cheltenham Gold Cup Steeple Chase (Grade 1)
All of the timings you need to know:
- Gates Open: 10:30
- First Race: 13:20
- Feature Race: 16:00
- Final Race: 17:20
Tips? Do your research ahead of the festival’s start. Look at trainers, jockeys, horses, and previous years of the festival to spot any trends. Responsible betting is key to ensuring your experience remains fun and lighthearted. Don’t spend more than you can afford. Spread your bets across multiple races. This gives you more races to follow and get involved with, as well as potentially increasing the chances of one of your bets being a success.
Responsible Gambling
It is essential during an event like the Cheltenham Festival that bettors practice responsible gambling wherever possible. This includes making sure to only bet within your limits and not chase losses or spend more than you can afford. Utilise the various responsible gambling tools that betting sites offer, set deposit limits to control your spending, take time out and apply self-exclusion should you feel the need. For further support, bettors should reach out to any of the responsible gambling charities and helplines, including GamCare and GambleAware.
Frequently Asked Questions
Are Spread free bets available for all Cheltenham races?
At Spreadex, free bets should be available throughout the festival and across all races.
Can I withdraw my winnings from a free bet?
You are unable to withdraw your winnings from a free bet.
What happens if my free bet doesn’t win?
Depending on the promotion terms and conditions, if your free bet loses, this will either be a loss at no cost to you or you will receive your bet credited back to place another.
How do I know if I qualify for Spreadex free bets?
Check the T&Cs to confirm that you are eligible to claim the Spreadex Cheltenham Festival free bets offer.
Does Spreadex have Best Odds Guaranteed?
Yes, Spreadex offers customers the best odds guaranteed throughout the festival.