- New customers only. Available to residents of the United Kingdom and Ireland. Use the promo code YHRCHS when registering an account.
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Paddy Power is and has been a key player during the Cheltenham Festival for a number of years, and they are back for 2026 with some amazing free bets offers for new and existing customers. With The Jockey Club, new customers can claim Paddy Power’s best offer, which is their sign up offer for the festival. Right now, new customers can sign up via this page and get £50 in free bets when they wager £10!
This will be one of the best sign up offers available for the Cheltenham Festival as it offers new customers a significant bonus for a relatively low qualifying bet, making Paddy Power a standout bookmaker for Cheltenham free bets.
Paddy Power Cheltenham Offer Summary
The Paddy Power Cheltenham free bets offer is for new customers only, and gives users the chance to claim £50 in free bets when they sign up and bet £10. There will be minimum odds requirements, and a promo code to be eligible to claim this offer, which we have detailed below:
How to Claim Your Paddy Power Free Bet
If you’re looking to claim the Paddy Power sign up offer and claim £50 in Cheltenham free bets, follow this short guide to create your account, make your qualifying bet and unlock the £50 bonus, which should only take a few minutes:
Paddy Power is one of the biggest name in sports betting, and is a key player when it comes to Cheltenham betting. Paddy Power is known for it’s strong marketing, especially during the Cheltenham Festival, and they also provide competitive odds and some special offers throughout the week. On top of that, their betting platform is one of the best in the business, with an easy-to-use app, live-streaming capabilities to ensure you can keep up with all the action.
Odds and Special Offers
Paddy Power provides competitive odds for all 28 Cheltenham races, while also offering special promotions to enhance the customer experience. Price boosts, extra place races, and free-to-play games such as Eliminator. There’s plenty to get stuck into with Paddy Power during Cheltenham week, and you’ll see some fantastic value when betting as a new or existing customer.
Live Streaming and In-Play Betting
With high-quality live streaming available on every Cheltenham race, Paddy Power lets you watch and bet seamlessly in real time. The in-play betting interface updates swiftly, allowing for quick decisions as the race unfolds. Commentary, stats, and visual race trackers all contribute to a fully immersive experience, especially for those looking to react to live market shifts.
Platform and App Experience
The Paddy Power site and betting app are both easy to use and offer smooth navigation for users. The layout is clean and you’ll find quick links to the Cheltenham Festival sections, which takes you straight to the latest odds for the day’s racing. You’ll find live updates and streaming capabilities within each race, allowing for seamless betting at home or on the go.
Payment Options and Speed
You can deposit and withdraw funds in a few different ways with Paddy Power, in a quick and simple overall process. You can use debit cards, Apple Pay, PayPal, Skrill, Neteller, Paysafecard, Rapid Transfer, Much Better, and via Bank Transfer. Please note all deposits are processed immediately and should appear on your account right away, except Bank Transfers which can take 1-5 days. As for withdrawals, they are processed instantly, but may take 2-5 working days to hit your account. If you’re using Visa Debit or Prepaid Cards, this process is much shorter and can take up to two hours!
Customer Support
Paddy Power has a handy Help Centre which should answer any questions you have. If you still can’t find an answer, there is an instant messaging service available to users where you’ll be able to chat with a Paddy Power agent instantly.
The simplest of Cheltenham betting markets. You are betting on a horse to win their race.
Pick a horse to either The simplest of Cheltenham betting markets. You are betting on a horse to win their race.win or finish in the placing threshold (e.g., top 3, 4 or more) depending on how many places are paid. For Cheltenham, Paddy Power often steps this up. For example: “extra places on each-way” on selected races.
Markets where you predict the first two (forecast) or first three (tricast) finishers in order. These are noted as available for Cheltenham with Paddy Power.
These markets allow you to link selections across multiple races: e.g., win accumulator, or each-way accumulator (where all legs must at least place). Paddy Power allow these for the Festival.
During big festivals such as Cheltenham, Paddy Power often offer more “places” for each-way bets than standard. For example you might see 5 or 6 places rather than the usual 3 or 4 for select races.
Paddy Power often provides markets such as “Top Trainer at the Cheltenham Festival”, “Top Jockey at the Cheltenham Festival”, “Number of Irish-trained winners”, etc. These allow you to bet across the week rather than just individual races.
Ante post markets are available well in advance of the Cheltenham Festival each year, and Paddy Power has these markets available to bet on right now. Ante post means betting well in advance (often weeks or months) of the race, when final declarations are not yet made. This gives punters an opportunity to take advantage of more favourable odds due to the greater risk of the selection not being entered into a given race.
Paddy Power offers Best Odds Guaranteed for the Cheltenham Festival, as well as all UK & Irish horse racing. This offer applies from 8am on the day of the race, and means you get the best price available. For example, if you take a price of 3/1 and the selection wins with an SP of 4/1, Paddy Power will pay you at the bigger price of 4/1. To take advantage of this offer, users must opt in via the Paddy Power promotions page.
In the past, Paddy Power has provided plenty of promotions for existing customers throughout the Cheltenham Festival, so there’s plenty of added value to be had after claiming that sign up offer. From daily free bets to Non-Runner No Bet, there is normally plenty to get stuck into with this bookmaker during Cheltenham.
While the existing customer offers are yet to be confirmed for 2026 with Paddy Power, below is a list of promotions we are likely to see return for the festival:
Daily Cheltenham Free Bets
Existing Paddy Power customers have been able to claim a completely free bet for each day of the festival in the past. This will usually be between 50p and £10, as the value often varies per customer. All you’ll need to do is opt in nearer the time if Paddy Power decides to bring this offer back.
NRNB
Non-Runner No Bet (NRNB) was offered to all customers in 2025, and is usually announced at the start of the year. NRNB is an insurance offer that gives users their stake back if their selection does not race for whatever reason.
Extra Place Races
Paddy Power offers extra places on select horse races throughout the year, but this is normally enhanced further for the Cheltenham Festival. For select races at Cheltenham, you can expect to see extra places made available for multiple races, meaning you have a better chance of seeing a return with your each way bets.
Money Back Specials
During Cheltenham, Paddy Power have also provided money back specials on select races in the past. For example, if your horse finishes 2nd or 3rd to the favourite, you can get your stake returned as a free bet, or in some cases as cash.
If you’re betting at Cheltenham, Paddy Power is a top-tier option, especially if you plan to use each-way bets with extra places, or take advantage of daily promotions around the Festival. Their sign up offer is also one of the best out there, with new customers able to bet £10 and get £50 in Cheltenham free bets. You’ll struggle to find many offers better than this, so we highly recommend using Paddy Power as your bookmaker of choice for the 2026 festival.