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Betfred – Bet £10+, Get £5 free bet (Cheltenham)

Description

Opt in and place a £10+ ‘Win’ or ‘Each Way’ single on one of the first six Cheltenham races on Saturday to receive a £5 free bet for a later Cheltenham race the same day.

Key terms

  • Opt in

    Yes.
  • Offer availability

    Qualifying bets must be on the 12:35, 13:10, 13:45, 14:20, 14:55 or 15:30 Cheltenham races on Saturday, 15th November 2025.
  • Qualifying bet

    Win or each-way single.
  • Minimum stake

    £10+ total (£5 each-way counts).
  • Minimum odds

    1.20 (1/5).
  • Reward & crediting

    £5 free bet to use on Cheltenham races later that day, credited upon settlement; stake not returned.
  • Free bet restrictions

    Must be used on a later Cheltenham race on Saturday, 15th November 2025; can be split; expires at 17:00.
  • Restrictions

    No multiples; no specials; no price boosts; no bets on the 16:00 race; no void bets; one free bet per customer; non-runners do not qualify.

Read full terms .

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.

Got a question?

Ask the community on Discord, or leave me a comment below.
I usually respond within 24 hours.

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.