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32Red – Cheltenham Festival 2024 (Day 1) Offer


Place a £1+ bet on any of Tuesday’s races at Cheltenham and get the win part of your stake matched as a free bet up to £10 to use on Wednesday’s Cheltenham races.

Eligible events

(Tuesday 12th March 2024)
13:30, 14:10, 14:50, 15:30, 16:10, 16:50 and 17:30 Cheltenham.

Key terms

  • Available to selected customers only.
  • Opt-in required.
  • Applies to your first single bet after opting in.
  • Minimum stake of £1.
  • Upon settlement of your qualifying bet, you'll receive a free bet equal to the 'win' part of your qualifying stake.
  • The maximum free bet is £10.
  • The free bet can be used to place a single bet on any Cheltenham Festival race taking place on Wednesday 13th March 2024.
  • The free bet will expire at 17:30 on Wednesday 13th March 2024.
  • The free bet stake will not be returned with any winnings.
  • You'll also receive a 10% profit boost on every race on Day 1 of the Cheltenham Festival.
  • The maximum stake per profit boost is £20 (£20 win or £10 each way).
  • The profit boosts will expire after betting has finished on each of the seven races.
  • The maximum additional winnings allowed is £500 per boost.

Tips for this offer

Aim to limit your qualifying loss to around £0.50.

You should convert your £10.00 free bet into 80% cash, so £8.00. That gives you a profit of £7.50 on this 32Red offer.

General advice and example for ‘Bet X, Get Y’ offers

Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.

Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.

See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.