If you’re planning to have a proper bet during Cheltenham week, Matchbook’s Cheltenham welcome offer is one of the more sensible ones around — especially if you like spreading a few bets across different races rather than lumping everything on one horse.
In simple terms, you stake £50 in total, receive £50 in free bets, and can earn up to another £50 back through commission refunds.
What is the Matchbook Cheltenham Free Bet Offer
When you sign up to Matchbook using the code GET100, you’re not being asked to risk a big stake in one go.
Instead, you place five £10 bets, each on a different horse race, at odds of Evens (2.0) or higher. Once all five bets are settled — win or lose — Matchbook credits your account with five £10 free bets.
That’s your £50 in Cheltenham Festival free bets.
They usually land within a day or two, and you’ve got seven days to use them. The free bet stake itself isn’t withdrawable, but if the bet wins, the profit is yours.
The £50 Commission Refund (2nd Part Of the Offer)
Because Matchbook is a betting exchange, you normally pay commission on winning bets.
For Cheltenham, Matchbook refunds any commission you pay from sign-up until 8 March 2026 as free bets, up to £50.
If you pay £28 in commission during Cheltenham week, you’ll receive £28 in additional free bets. If you’re placing multiple bets, this part of the offer adds real, practical value.
Who This Bonus Is Best For
This offer suits people who:
- Plan to bet across several Cheltenham races
- Like exchange odds, which are often sharper than bookmakers
- Don’t mind free bets instead of instant cash
If you’re only having one bet all week, it’s probably more effort than it’s worth.
Cheltenham 2026: Who Are the Favourites?
Cheltenham favourites tend to follow a familiar pattern.
For races like the Champion Hurdle and Champion Chase, favourites are typically horses that have already won at the top level and handled Cheltenham’s uphill finish before.
The Gold Cup is even more unforgiving. The favourite is almost always a proven three-mile chaser with Grade 1 wins and serious stamina. Flashy horses often get found out on that final climb to the line.
On the Matchbook Exchange, The New Lion leads the Champion Hurdle 2026 market at around 4.0, with Brighterdaysahead next at roughly 4.8. Majborough is the clear favourite for the Champion Chase at about 2.9, while the Gold Cup market is headed by Galopin Des Champs and Jango Baie, both trading around 6.6–6.8.
And as anyone who’s watched Cheltenham for years will tell you — favourites get beaten here all the time.
How Matchbook Compares to Other Cheltenham Free Bet Offers
Most bookmakers go big on Bet £10 Get £40 or £50, plus second-place refunds and extra places.
Matchbook plays it differently. You don’t get the big headline number straight away, but you do get:
- Better odds
- Lower costs over the week
- Rewards that add up if you’re betting regularly
If you’re treating Cheltenham like a four-day event and not a one-race flutter, the Matchbook GET100 offer makes sense. It rewards patience, multiple bets, and a bit of know-how — not blind punting.
