Parimatch Cheltenham Festival Offer 2024 – Deposit £10 & Get £20 Back In Free Bets
The Parimatch Cheltenham Festival offer is up to £20 in free bets , so you can begin your Cheltenham betting with a risk-free bet. This Parimatch sport sign-up offer for Cheltenham is one not to be missed.
The 2024 Cheltenham Festival is the Olympics of the National Hunt world and is set to light up Prestbury Park. There’s no better way to enjoy and start the week than with some free bets to gain some winnings for the rest of the Festival.
Coupled with fantastic ongoing promotions for existing customers, it’s easy to see why Parimatch is a popular destination with punters.
How to Claim the Parimatch Cheltenham Sign-Up Offer
Signing up for the Parimatch Cheltenham promotion is quick and easy, thanks to their simple sign-up process.
Just follow the steps below, and you can place your risk-free bet.
- Head over to the Parimatch website – the easiest way is by clicking one of the banners on this page.
- Click on the Sign-Up button located on the landing page.
- You will be greeted with their sign-up form, where you must enter details such as your name, date of birth and mobile number.
- Then, enter your address details.
- Choose a username and password for your Parimatch account.
- Now your account is set up, it’s time to opt into the sign-up offer and deposit money into your account.
- Opt-in to the promotion.
- Deposit a minimum of £10 via debit card.
- Place your qualifying bet.
Parimatch Cheltenham Offers Terms & Conditions
To make the most of the Parimatch Cheltenham Festival 2024 offer, ensure you’re familiar with the key terms and conditions.
What you need to do
- Create a Parimatch account
- Opt-in to the promotion
- Deposit £10 or more via debit card
- Place a cash bet of up to £10 on Horse Racing with minimum odds of 2/1 (3.0) within seven days of creating your account
What you get:
You will be credited with Horse Racing free bets to the equivalent of your initial stake. If you bet £10, you will receive 4 x £5 free bets
- A £5 Free Bet on any Cheltenham race;
- A £5 Free Bet on Lengthen the Odds;
- A £5 Free Bet on in-play Horse Racing, to be used on Gold Cup day;
- It will be credited at 13:30 UK time on 15/03/2024 and will expire at 17:40 UK time on 15/03/2024.
- A £5 Free Bet on any football market, credited 48h after the settlement of your qualifying bet.
- If your first bet is settled after 13:30 UK time on Friday 15th, you will not receive the £5 in-play horse racing free bet.
The Free Bets:
- All free bets can be used on specific markets, with horse racing bets requiring odds of 3.00+ and football bets needing odds of 2.00+. They can be split into smaller bets or used as a single stake, only yielding profits above the initial stake. These bets can’t be used on virtual sports, must be placed apart from real money bets, with horse racing free bets expiring at 17:40 UK time on 15/02/2024 and football free bets expiring 7 days post-credit.
- There are no wagering requirements for sports bets.
- This offer is exclusively for new customers, one per household. Only one Welcome Offer can be claimed across sports and casino offers, regardless of multiple accounts with Parimatch. A minimum deposit of £10 is required, and void bets, BetBoosts, special markets, enhanced access, bets placed with bonus funds, deposits made via methods other than card or Apple Pay, and fully or partially cashed out bets are ineligible for this promotion.
Restrictions
- The offer is for new customers only
- Void Bets, BetBoosts, Special Markets, Enhanced Accas and bets placed with bonus funds don’t qualify
- Only deposits made by card qualify
- Cashed-out or partially cashed-out bets don’t qualify
Parimatch Cheltenham Festival Betting Markets
One of the great things about the Cheltenham Festival is all the different markets to bet on. Ante-post betting makes up a considerable part of the market, with betting on next year’s Cheltenham Festival opening as soon as the current festival finishes. Parimatch has markets for loads of the big Cheltenham races at an early stage, with the big races of the Champion Hurdle, Champion Chase, Ryanair Chase, Stayers Hurdle and Gold Cup all having betting available almost a year in advance.
As the festival gets closer, keep an eye out for when non-runner money back becomes available. This is an excellent feature as it means you can bet on races before the festival, and if your horse doesn’t run, you get your money back. It’s a great insurance that Parimatch offers so make sure you know when this becomes available.
During the week of the Cheltenham Festival, there can often be some short-priced favourites, for example, Constitution Hill in the 2024 Champion Hurdle. On races like these, betting markets for winning distances will become available on Parimatch. This is called ‘Lengthen The Odds’, where you bet on a horse to win by a minimum distance, such as five lengths. This fits perfectly with the Parimatch Cheltenham offer, as one of the free bets will be used on this betting market.
Place-only betting is another market that attracts attention during the Cheltenham Festival. Due to the competitive nature of the races, there can be a lot of runners, especially in the handicap races. So you can bet each way, which splits your stake between a horse winning and a horse placing, but you can also bet on a horse only to place.
Cheltenham Festival Odds Quality on Parimatch
The odds available on Parimatch during the Cheltenham Festival are fair and competitive. You will find that the odds available for horses are competitive amongst some of the biggest bookmakers in the industry, and Parimatch will even be a bigger price on some runners.
Parimatch Cheltenham Festival Betting Markets & Specials
Owing to its popularity, the Cheltenham Festival brings out various betting markets across the industry. Some Parimatch Cheltenham specials make for a fun betting experience throughout the week.
Match Betting is a market which is available for the majority of races. This is a football style of bet where you are simply betting on horse X to beat horse Y. It is a special market that will only feature two horses in any given race, so if you have a strong feeling about one of the horses over the other but aren’t confident that it will win, this can be a good option.
When there is a short-priced favourite that you think will win easily but don’t like betting at short odds, there are a couple of alternatives. The first is the aforementioned lengthen the odds market, where you can bet on a horse to win a race by a certain number of lengths or more. You can also do this the other way, so in this market, you could also bet on a horse to win the race by under a certain number of lengths. Another option is the ‘Betting Without’ market. This is where the race is priced up without the favourite and/or second favourite. So you can bet on horse X to win the race without horse Y, meaning that if horse Y comes first and horse X finishes second, your bet will be a winner.
An additional Parimatch Cheltenham special to look out for on their website is the daily BetBoosts. These will run each day of the festival and include significant boosts to already good odds on plenty of the big horses racing throughout the week.
Best Way to Bet at Cheltenham with Little Money
The Cheltenham Festival is undoubtedly one of my favourite weeks of the year, and from a betting perspective, it doesn’t get much better. I have watched plenty of Cheltenham Festivals with little money to bet, but that certainly didn’t mean I didn’t enjoy it. It is quite the opposite in many respects, as I could make fun and different bets without the weight of expectation of having to win all the time.
My starting point is to use any Parimatch Cheltenham Festival offers on the site. Signing up and claiming the up to £20 in free bets bonus makes my money go further. I love playing each way on Cheltenham Festival races, mainly because some good horses are at big odds due to the competitive fields. Plus, Parimatch sometimes offers enhanced places on races, so I take advantage of those, too.
I use the lengthen-the-odds markets to give myself better odds on favourites I like, and if I’m against a favourite, I will bet on another horse to win and use the betting without markets. That way, if I’m right and my horse runs well but doesn’t beat the favourite, I have that insurance in place.
Cheltenham Offers From The Best Bookmakers
Apart from Parimatch, these are the bookmakers with the best Cheltenham Festival Offers;