SBK Cheltenham Festival Offer – Gain £30 in Free Bets on Horse Racing
The SBK welcome offer for the Cheltenham Festival 2024 is worth £30 in free bets when you bet £10.
The operator is highly recommended and rated because of their innovative technology-based approach. But, backed by betting exchange Smarkets, SBK does offer something a little different.
That is because SBK is a mobile-only sports betting app. That is where their entire focus is. So with a heavy investment in their betting apps on iOS and Android, there are a lot of quality features that can be found there. In addition, SBK is fully licensed and regulated by the Gambling Commission in the UK.
How to Claim the SBK Cheltenham Sign Up Offer
The SBK Cheltenham offer has been available for new players signing up for the brand well in advance of the Festival each year; last year it gave them the chance to receive a £10 free bet when they bet £10, while this year, you get £30 in free bets, trebling the total you gained last year.
SBK is unique in several ways, one of which is how the bookie is accessed. Unlike other UK bookmakers, SBK can only be accessed on mobile and tablet devices.
This does require a download to create an account, with the steps below detailing exactly what bettors are required to do to open an SBK account and claim the Cheltenham Festival 2024 welcome offer.
Step 1: Click the link to view the SBK welcome offer HERE
The first step to claiming the SBK Cheltenham Festival offer is to click our link to head over to view the SBK welcome offer.
This gives new players not only their first glance at the SBK site but also the terms and conditions of the welcome bonus available for Cheltenham.
Step 2: Enter your email address and telephone number
Once new bettors have checked out the terms and conditions of the SBK Cheltenham promotions, they are then required to enter their contact information.
SBK requires new bettors to input both their email address and telephone number at this stage. The sportsbook will then text a link to the mobile device, allowing bettors to access the download for the app.
Step 3: Download the SBK mobile app
New players should then click the link to download the SBK app, installing it on their device.
In the UK, bettors are able to download the mobile app or any supporting iOS or Android device, ensuring that all bettors are able to access the betting markets.
Step 4: Create an account with SBK
Despite being a mobile-only sportsbook, SBK does require all UK players to create an account with the brand from within the mobile app.
When creating an SBK account, bettors will be required to enter personal information including:
- Full name
- Address
- Date of birth (18+ required)
- Email address
- Telephone number
- Username
- Password
Although SBK aims to automatically verify the account holders’ information, some players may find issues in their identity verification. In order to solve any such issue, bettors can easily upload identification and/or proof of address documents.
The following documents can be used as proof of ID at SBK:
- Passport
- Driving licence with photo
- National Identity card
The following documents can be used as proof of address at SBK:
- Bank, Building Society or Credit Union statement (last 3 months)
- Utility bill (last 3 months)
- Local authority tax bill/council tax bill (current year)
- Tax bill (current year)
- Residency certificate issued by your local government authority (last 3 months)
Full information surrounding account verification can be found online in the SBK help section.
Step 5: Deposit a minimum of £10
Once an account has been created and verified, bettors are then able to make their first deposit at SBK.
To qualify for the welcome offer, bettors are required to deposit a minimum of £10 in a single amount. Bettors should note that deposits made with Skrill, Neteller, PayPal or a virtual/prepaid card will not be able to qualify for this promotion.
Step 6: Place sports bets and claim the free bet
The qualifying deposit is the final step of claiming the welcome offer, allowing bettors to place sports bets as they would normally at any sportsbook.
Bettors are then able to use the SBK Cheltenham festival offer to receive £30 in free bets. The £30 free bets will be put into your account once you place a bet of £10 or more.
SBK Cheltenham Offers Terms and Conditions
SBK’s Cheltenham promotion comes with specific terms that punters should familiarise themselves with before opening an account.
The offer is limited to one per person/household, and cannot be combined with other welcome bonuses. After downloading the app and registering, punters must deposit at least £10 to be eligible. Place a minimum £10 bet at odds of 1.5 to get a £10 Free Bet upon settlement, followed by an additional £10 after 7 days, and another £10 after 14 days. Deposits via Skrill, Neteller, PayPal, or any virtual/prepaid cards, including Monzo virtual cards, will disqualify you from the bonus.
Winnings from the free bet can be withdrawn, but the original £30 free bet stake is not returned.
No promo code is required for the Cheltenham Festival; simply follow the provided links to SBK’s offer page.
Unclaimed bonuses will be removed 7 days after account creation, so ensure you claim your bonus within the first week of opening your account.
Pros of SBK Bookmaker
As mentioned at the top of this SBK Cheltenham Offers page, SBK is different because the only platform that their sportsbook is on is a mobile app. SBK is the sportsbook arm of Betting Exchange Markets, which gives them some significant trading power. Here are some other key pros of the SBK Bookmaker:
- Backed by the trading power of Smarkets
- Superb dedicated apps as their only platform
- SBK show they are beating competitors on price
- Excellent user interaction
- Secure and robust account management
Cons of SBK Bookmaker
For a fair and unbiased look at the SBK operations, here are a couple of areas that punters should be aware of:
- There is no website version of the sportsbook for those who would prefer
- Welcome offer requires full deposit playthrough
SBK Cheltenham Festival Odds
The way in which odds work at SBK is one of the main features separating the sportsbook from the standard options in the UK.
Powered by Smarkets, SBK cuts out the bookmaker margins with the use of a betting exchange all while highlighting just how good their odds really are with SBK Price+.
Best possible odds – No bookmaker margins
SBK is powered by the Smarkets betting exchange, allowing bettors to receive better odds compared to the standard big-name bookies.
Instead of cashing in with a bookmaker margin, the same way the bulk of sports betting sites makes their cash, Smarkets cuts their margin entirely. This pays off for bettors with better odds compared with the bulk of UK betting sites.
Transparent Odds – SBK Price+
It’s all well and good claiming the best possible odds, but it’s another thing entirely to prove it.
With SBK Price+, bettors are able to see with full transparency exactly how the SBK odds stack up against their direct competition.
In the betting markets, bettors are able to see the Price+ symbol alongside a percentage. The figure describes how much of the competition SBK beats for a particular event – particularly handy during the Cheltenham Festival.
The Free Bet Cheltenham Offer From SBK
After signing up for an account and making a deposit of at least £10 (deposit restrictions apply), you can then place your bet (minimum of £10) and once the bet has been placed, you will receive the £30 in free bets.
SBK Cheltenham Festival betting market
The Cheltenham Festival betting market at SBK is unique in a handful of different ways with bettors able to view a simplistic market selection with full transparency.
View betting tips
One of the most popular features of SBK is the ability to follow, view and share betting tips within the app.
This is particularly useful when following other tipsters and professional sports bettors that specialise in horse racing for the Cheltenham Festival. Bettors are able to search for the top horse racing tipsters and find out exactly what kind of bets they are placing when.
It’s one of the most impressive features of SBK and is one we’re expecting to catch on with other bookmakers in the near future.
SBK Cheltenham Festival Bet types
The range of different markets at SBK is a little limited when compared to some of the top horse racing sportsbooks in the UK such as William Hill and Coral.
Regardless, with impressive odds on the basics, SBK makes a good case for offering new bettors some of the top offers for the Cheltenham Festival.
Win and each-way
The win and each-way bets are some of the simplest wagers in horse racing and allow bettors to predict whether or not a particular horse will either win or place within the top three.
A win bet is a simple wager given with a standard price – if the horse wins, SBK will payout at this price. An each-way bet is a wager split into two parts with 50% of the bet placed on the horse to win and 50% placed on the horse to place in the top 3. The finishing position of the horse dictates the amount paid out.
Horse to place
The horse to place wagers at SBK is exactly what it says on the tin – a wager for the horse to place during an event.
These bets differ from the each-way bets and are not wagers that are split into two separate parts. The place bets can be found in the “Other Markets” tab at SBK and cover a small selection of the available picks.
Best Odds Guaranteed
A cornerstone of SBK’s Cheltenham betting specials is their Best Odds Guaranteed promotion for horse racing. This fan-favourite perk ensures that you, as a punter, will always secure the top price on a winning pick in any race included in the BOG offer.
Best Odds Guaranteed works in a situation where you have taken an early price on your fancy in the Cheltenham Gold Cup, for example. Your selection goes on to win the blue riband event of the Festival, but their winning price is bigger than what you had backed them at.
With the SBK Best Odds Guaranteed, the bookmaker will settle the winning horse racing bet at the bigger SP.
Check in the horse racing section of the SBK app for coverage across the Cheltenham Festival 2024. Note that the BOG is offered on early prices on the day of the particular race and therefore not ante-post coverage.
The returns from this SBK Cheltenham Festival betting offer are paid in cash as the winning bet will be settled as usual, just at the bigger payout if that happens.
Non-Runner No Bet
Another key SBK Cheltenham Specials is the Non-Runner No Bet feature. This is an important one for Cheltenham betting and the general UK and Irish racing betting scene.
What is Non-Runner No Bet? This racing offer covers punters in the situation where a selection for a race doesn’t get to run.
This is essential coverage because it does allow punters to get some early wagering action down on the Cheltenham Festival, really before the markets have settled, thanks to the final declarations.
Back a selection in a race, and if they don’t run in the fixture, SBK will refund the stake – credited as cash.
SBK Price +
One significant feature to look out for in SBK Cheltenham offers is the SBK Price+ which clearly states for customers that they are getting the best market price around.
This is SBK giving proof to their sportsbook users that they won’t be beaten on price against some other major bookmakers. The markets in the SBK app are backed by the trading power of Smarkets and are very strong.
Any sportsbook market option that has been tagged with a green flag means that SBK is beating their competitors on that selection. Bet365, SkyBet, Ladbrokes, William Hill, Unibet, Coral, Betway, BetVictor and Paddy Power are the bookmakers that SBK rate themselves against.
For even more clarity, they clearly show what percentage of bets on a given event have more favourable odds with SBK. So the operator doesn’t just tell you they have the best sportsbook odds – they show you. The SBK Price+ doesn’t apply to in-play markets.
SBK Tips
While not so much of an SBK Cheltenham special, the tipster section on the SBK betting app is innovative, giving punters some extra insights. It can also present a challenge of users competing against friends.
Users can freely submit their tips to the SBK tip platform on the app. So that gives a lot of different unique angles on betting markets from the very people who are putting their money down.
On the SBK app, it is possible to read through the tips that others have written up or get your own submitted. An excellent feature about the SBK tips is that you can see each tipster’s ranking, rating, and performance.
That means you could follow people who are on a good streak at present if you wanted to. A leaderboard also exists where you can compete against other SBK users, including your friends, for bragging rights at the top of it.
Maximize Your Winnings with SBK During The 2024 Cheltenham Festival
The 2024 Cheltenham Festival is the highlight of the National Hunt racing season. It features four days of top racing and creates huge battles between the best British and Irish yards. So to help punters enjoy Cheltenham Festival betting at SBK, here are some tips from our experts.
- You Need The App – SBK offers exclusive access to Cheltenham horse racing markets through their app, making it incredibly convenient to place bets on the Festival from anywhere.
- Stay focused – Avoid the temptation to bet on all 28 races. Choose a few spread over the four days for a more strategic approach to Cheltenham betting.
- Bankroll – Set a budget for your Festival betting and plan how to allocate it across your chosen races. A clear strategy helps keep your finances in check.
- Look At Form – Research is Key – Basic knowledge of form, including current and course performance, jockey and trainer history, is crucial. SBK’s tipster community can offer additional insights for informed betting decisions.
- SBK Cheltenham Offers – Watch for any SBK Cheltenham free bet offers that may come up to try and boost your returns from the Festival. Look for other promos like Non-Runner No Bet, tops SP payouts through Best Odds Guaranteed and Extra Places. Price+ on markets indicates SBK are beating their competitors on that price.
- Security Measures: SBK operated by Smarkets (Malta) Limited (Reg No: C 44795) under licenses from the UK Gambling Commission and the Malta Gaming Authority, ensuring compliance with strict regulations to protect users’ personal information and data through SSL data encryption software.
Cheltenham Offers From The Best Bookmakers
Apart from SBK, these are the bookmakers with the best Cheltenham Festival Offers;