The 2026 Paddy Power Cheltenham offer provides £60 in free bets for new customers signing up for one of the best known betting sites on the market for Cheltenham Festival.
New users simply need to click a link on this article, then enter the Paddy Power promo code YHRCHW before depositing at least £10 and then betting £10 on the Festival to claim £60 in free bets.
Check out all the Paddy Power Cheltenham offers below, including promotions for existing customers as well as the key details required to claim the Paddy Power welcome bonus.
Paddy Power Cheltenham offer
Paddy Power is one of the leading horse racing betting sites in the UK and truly delivers for its Cheltenham offer, providing £60 in free bets for new customers who sign up using one of the links on this page.
Customers must use the Paddy Power bonus code YHRCHW on sign up before depositing a minimum £10 via Pay by Bank, debit card or Apple Pay, then betting £10 or more on any Cheltenham market with odds of evens or greater.
After the qualifying bet settles on Paddy Power, users are credited with £60 in free bets for bet builders, accumulators or multiples to use on any sport. Free bets are active for 30 days once credited.
Paddy Power Cheltenham offers: Key terms
You’re advised to read the Paddy Power Cheltenham offer terms thoroughly before signing up, but here’s a quick run through the key things to be aware of.
- New customers only. Available to residents of the United Kingdom and Ireland
- Open a new account using promo code YHRCHW
- Deposit a minimum of £10 via Pay by Bank, Debit cards or Apple Pay
- Place a Sports (Fixed Odds) bet (minimum stake £10) at odds of at least 1/1 (2.0) on any on Cheltenham market
- You’ll receive 6x £10 in Free Bet Builders, Accumulators or multiples to use on any sport
- Rewards valid for 30 days
- You’ll be able to see details of your free bets in the ‘My Free Bets’ tab which can be accessed at the top of the website
- To use your free bets, add a selection to your betslip that meets the terms and conditions of this offer
- Once your qualifying bet has been settled you will be awarded 6x £10 in Free Bet Builders, Accumulators or multiples to use on any sport
- Best odds guaranteed does not apply to bets placed with a free bet, or partial free bet
- Deposits made with e-wallets including Paypal, Skrill, Paysafe and Neteller will not count towards this promotion
Paddy Power Cheltenham offers & features for 2026 Festival
Paddy Power always run a variety of offers for existing customers and Cheltenham promotions are widely available during the Festival, ensuring that loyal users are rewarded for their use of the sportsbook.
Free bets: Paddy Power Cheltenham free bets are available at times throughout the Festival for bet and get offers on specific races. Keep your eyes peeled for these bonuses during the week.
Best Odds Guaranteed (BOG): Paddy Power provide outstanding value on their Cheltenham odds and that includes its best odds guaranteed offer, which ensures customers receive the highest price available on their chosen horse from bets placed from 8am each morning throughout the Festival.
Non-Runner No Bet (NRNB): Take advantage of any Cheltenham ante-post tips safe in the knowledge that if your selection doesn’t run, Paddy Power will return all stakes as cash through its non-runner no bet offer on all 28 races.
Eliminator: Paddy Power have a free-to-play game where customers choose seven horses over the course of a race day to try win a grand jackpot by guessing all seven winners correctly.
Paddy Rewards: Customers can secure £5 in free bets via Paddy Rewards by opting on the rewards programme and placing five acca bets worth £5 or more.
Extra places: Extra places on races daily and that will continue during the Cheltenham Festival.
Odds boosts: Daily Cheltenham price boosts on selected runners and pre-built multiples on each day of the festival.
Wonder Wheel: Enjoy a free spin on the Wonder Wheel every day. Prizes include cash, free bets, free spins, scratchcards and more.
Live Streaming: Stream every Cheltenham Festival race for free. You just need a funded account or to have placed a bet in the last 24 hours to be able to live stream any race in the UK or Ireland.
Paddy Power Cheltenham specials
Look out for specials markets during Cheltenham as Paddy delivers a tremendous range of options for bettors. There are weird and wonderful markets that appeal to all angles during the biggest racing festival of the year.
Options can include number of trainer wins, Irish-trained winners, top jockey and other intriguing markets without the potent duo of Paul Townend and Willie Mullins giving greater scope for outsiders.
Responsible gambling
When gambling, it’s important to stay in control, stick to a budget and never chase your losses.
Anyone can lose a bet, even if they know a lot about horse racing. It is easy to get carried away during events such as the Cheltenham Festival, so make sure to remain in control of your time and betting.
But these rules should apply whether you are using an online casino, poker sites, bingo sites, or any other gambling medium.
Bettors can use responsible gambling tools provided by gambling sites, such as deposit limits, loss limits and self-exclusion, among others.
There are several gambling addiction charities ready and prepared to help you with counselling, support groups and practical advice on how to help you recover if you do lose control:
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