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

Description

Place a £10+ ‘Win’ or ‘Each Way’ single on selected Cheltenham races on Saturday to receive a £5 free bet for later races at the same meeting.

Key terms

  • Opt in

    Yes.
  • Offer availability

    Saturday, 25th October 2025 only.
  • Event

    Cheltenham Showcase Meeting – 13:10, 13:45, 14:20, 14:55, 15:30 and 16:05 (16:40 race excluded).
  • Market

    'Win' or 'Each Way' singles.
  • Minimum stake

    £10+ win or £5+ each-way.
  • Minimum odds

    1.20 (1/5).
  • Reward

    £5 free bet credited upon settlement; usable on later Cheltenham races the same day; expires at 17:15 on Saturday, 25th October 2025.
  • Restrictions

    No multiples, specials, boosted prices, voids or non-runners; free bet stake not returned; one free bet per customer; free bet can be split into stakes of £0.10+.

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.

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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.