Cheltenham Festival 2020 Offer – SportPesa

The Cheltenham Festival 2020 gets underway on Tuesday and you don’t want to miss this SportPesa bonus offer! Simply place a £5.00+ bet on the first three races each day and SportPesa will give us a £5.00 bonus to use on the last race the same day. Translated into matched betting terms, this gives us a guaranteed profit of £10.00 and here’s how…

Key Terms:

  • Minimum stake of £5.00 on each of the first three races.
  • 1 x £5.00 bonus available each day between Tuesday 10th March 2020 and Friday 13th March 2020.
  • Offer applies to win singles and the win part of each way bets only.
  • £5.00 bonus to be used on the 17:30 at Cheltenham each day.

Qualifying Bets:

We need to place a bet of £5.00 or more on the 13:30, 14:10 and 14:50 each day.

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how it should be done.

It’s entirely up to you which horses you place your qualifying bets on.

We can place our lay bet at Betfair or Smarkets.

We can calculate our lay stakes using my matched betting calculator.

SportPesa logo

Aim to lose no more than £0.50 on each of our qualifying bets

So, we’ll lose a total of around £1.50 in qualifying for each of our £5.00 bonuses.


Bonus tokens will be credited by 17:00 on each day of the festival and must be used on the 17:30 at Cheltenham the same day. Bonus stakes are not included in any returns, so we can treat them the same as standard free bets.

By using straightforward matched betting, we should be able to extract 80% cash from our £5.00 bonuses, so £4.00. If we take into account our daily qualifying loss of £1.50, this gives us a guaranteed daily profit of £2.50.

With the offer running for all four days of the Festival, this gives us an overall guaranteed profit of £10.00 on this SportPesa offer!

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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.