2026 SkyBet Cheltenham offer: Bet £1 Get £50 Cheltenham Free bet Multis

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SkyBet are offering new customers the chance to claim £50 in free bets for betting just £1 on Cheltenham Festival this week.

SkyBet has become one of the biggest names among betting sites in the UK, having drawn recognition for its sponsorship deals with the EFL and its ties to one of the most notable TV brands in the UK.

And the brand’s betting branch is providing new customers with a tailored SkyBet Cheltenham sign up offer, with £50 in free bets to use on Cheltenham multis.

Use our SkyBet Cheltenham offer guide for instructions how to claim it, how it compares to promos on other betting sites and SkyBet Cheltenham offers for existing customers during the Festival.

What is the SkyBet Cheltenham sign up offer?

The SkyBet Cheltenham offer gives new users £50 in free bets to use on Cheltenham multis when they sign up, deposit and make a £1 bet.

This Cheltenham offer is only open to new customers who sign up via the links on this page, and it can only be claimed once per customer.

Once the qualifying bet has been settled, bettors will receive £50 in Cheltenham free bets, which can only be used on horse racing bets.

Claim the offer by following the steps below:

Step 1: Sign up for a SkyBet account using one of our links and opt in to the promotion.
Step 2: Deposit £5 and stake £1 on any Cheltenham market with odds of evens (1/1) or greater.
Step 3: Once your bet is settled, you’ll receive £50 in free bets, in the form of 5x £10 free bet tokens.

To qualify for this promotion users must place their qualifying bet within 30 days of opening an account. Deposits using Neteller or Skrill will not qualify.

Free bets are non-withdrawable and free bet stakes are not included in any returns, and they expire seven days after crediting. Free bets can be redeemed against any horse racing single or each-way market and cannot be used in conjunction with any other offer.

How does the SkyBet offer compare with rival Cheltenham offers?

There are plenty of Cheltenham free bets available in the lead up to and during the festival, and the comparison table below shows how the SkyBet Cheltenham free bet promo stacks up against competing offers:

Bookmaker	Offer	Free bet restrictions?	Eligible payment methods
SkyBet	Bet £1 get £50 free bets	Free bets on available on horse racing	Debit card, Apple Pay, Pay By Bank. Skrill, Neteller payments not eligible.
Betfair Sportsbook	Bet £10, get £30 in free bets	Free bets can only be used on accumulators, bet builders & other multiples	Bank transfer, debit card & Apple Pay
Paddy Power	Bet £10, get £60 in free bets	N/A	Debit card
Betfred	Bet £10, get £40 in free bets	2x £10 free sports bets, 2x £10 free accumulator bets	Debit card, Apple Pay, instant bank transfer
BetGoodwin	Bet £10, get £15 in free bets	1x £5 sports bet, 1x £5 acca bet, 1x £5 sub cover bet	Debit card
NetBet	Bet £10, get £20	£5 football bet builder, £5 football acca, £5 horse racing acca, £5 tennis bet	Debit card, bank transfer, Google Pay, Apple Pay, PayPal

SkyBet Cheltenham offers & free bets

SkyBet will have a range of offers available during the Cheltenham Festival. Punters can expect to find the following promos running:

Acca Freeze: Freeze a leg of your acca to keep the result, while the rest of your bet plays out.

Extra place races: SkyBet will offer extra places on selected races at the Cheltenham Festival, enhancing the chances of a return on each-way bets.

Bet and get: Punters can unlock between £2 and £20 in free bets by wagering a specific amount on a certain event or bet type.

Odds boosts: SkyBet boosts the price on a range of Cheltenham bets each day of the meeting.

Non-runner no bet (NRNB): Back a horse at Cheltenham in any race and if it doesn’t run, get your money back in full.

Cheltenham specials: Punters can find a range of SkyBet Cheltenham specials available for the 2026 Festival.

Live streaming: Every race at Cheltenham can be watched live stream, so long as a bet has been placed on that race.

Responsible Gambling

Bettors should always gamble responsibly online. Always remain within a budget and never exceed it. 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 with Cheltenham Festival, so remain in control of your time and betting when claiming SkyBet Cheltenham free bets or any other Cheltenham offers.

Bettors can use responsible gambling tools provided by betting sites such as deposit limits, loss limits and self-exclusion among others.

Should you wish to seek help for gambling-related issues, there are several charities, organisations and healthcare providers who offer support and information:

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