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New Players Only. Sign Up with Bonus Code: NEW30. Bet and Settle 1x£10 Bet on Matchbook Exchange at odds of 2.0 or more. Bet and Settle 1x£10 Bet on a Bet Builder or Multiple at odds of 3.0 or more, with min 3 selections. Within 72 hours of Qualifying Bets settling user will receive 1x £10 Exchange Free Bet, 1x £10 Multiples Free Bet, and 1x £10 Bet Builder Free Bet. Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. 18+ Only. T’s and C’s Apply. Be Gamble Aware.
New Players Only. Sign Up with Bonus Code: NEW30. Bet and Settle 1x£10 Bet on Matchbook Exchange at odds of 2.0 or more. Bet and Settle 1x£10 Bet on a Bet Builder or Multiple at odds of 3.0 or more, with min 3 selections. Within 72 hours of Qualifying Bets settling user will receive 1x £10 Exchange Free Bet, 1x £10 Multiples Free Bet, and 1x £10 Bet Builder Free Bet. Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. 18+ Only. T’s and C’s Apply. Be Gamble Aware.
Valid Today
June 26, 2026
Matchbook Cheltenham Festival Free Bets & Offers
If you’re looking for a new bookmaker to sign up with before the Cheltenham Festival 2026, then Matchbook is certainly one to consider. Matchbook is a sports betting exchange making it slightly different to traditional bookies, as punters enable members to bet against each other rather than against the house, either by backing or laying outcomes at prices determined by the punter.
This often means odds are considerably more in favour of the punter, making Matchbook a great option for Cheltenham bettors. On top of an extensive horse racing selection, Matchbook's pre-Cheltenham free bets offer is incredibly attractive, as new users can claim £40 in free bets when they wager £20!
Matchbook Cheltenham Offers Explained
Matchbook’s Cheltenham Sign Up Offer is perfect for those who enjoy exchange betting on horse racing as it gives you a strong £40 free bet value.
All you need to do to claim this offer is sign up using the link at the top of this page, enter the promo code MB40 when registering your details, and place 2 x £10 bets on horse racing to qualify. You must place and settle bets at odds of Evens (2.0) or more.
Once qualified, you will receive £40 in free bets, consisting of 5 x £10 free bets for Horse Racing markets only!
Cheltenham Festival Matchbook Weekly Multiples Offer
Matchbook is offering users the chance to secure a £5 free bet each week when they bet £30. This could be on horse racing markets such as Cheltenham and enables you to claim a free bet for the Festival!
Simply opt in through the promotion page found on Matchbook, and place and settle £30 or more in multiples from Monday to Sunday each week. Bets must be settled during the weekly period. The maximum free bet that can be won each week is £5 and all qualifying multiples must be placed at minimum odds of 3.0 or better, and 3 legs or more. Your free bet will then be added to your account each Monday before 11am.
Bet £30 Get £30 on Horse Racing
While the main sign up offer is very appealing, there are more ways in which you can harness a load of free bets on horse racing before Cheltenham, which starts on March 10, 2026. Use the code HR30 and wager £30 on horse racing and you'll get £30 in free bets in return which can go directly onto betting on the Cheltenham Festival.
Cheltenham Festival Matchbook Brokerage Service
If you’re someone who prefers to bet in larger amounts, then the Matchbook Brokerage Service for Cheltenham is for you. The Matchbook Brokerage service allows you to get quotes for large stakes or bespoke requests that may not be possible on the Exchange. Their Brokerage accesses counterparties that quote prices on a large array of sports and events, including Cheltenham.
If eligible, the customer is set up with a dedicated channel with one of Matchbook’s brokers to discuss a prospective bet. The brokers clarify the request and contact relevant counterparties to request the best price and size. Brokers then respond with a quote(s) for the bet from these counterparties. The customer then accepts the price and terms, then the trade is executed by the brokers. The trade will soon appear in the customer’s account.
How to Claim Matchbook Cheltenham Free Bets
Make sure you follow the steps below to claim the Cheltenham Matchbook sign up offer and you will be credited with a £40 bonus! Simply register an account using the promo code MB40 and you’ll be able to bet £20 to get £40 in free bets ready for Cheltenham.
Click the ‘Claim Now’ button at the top of this page to go to the Matchbook sign up offer page.
Register your new Matchbook account using the promo code MB40 and enter all the necessary details.
Place & settle 2 x £10 bets across two events to qualify. You must place and settle bets at odds of 2.0 or more.
Once qualified, you will receive £40 in Free Bets 6 x £5 Horse Racing Multiples Bets, and 1x £10 Horse Racing Exchange Bet
Once your qualifying bets have settled, the free bets will be paid into your account within 48 hours.
Matchbook Payment Methods
There are a decent number of payment options for Matchbook bettors which you can use to deposit and withdraw funds for the Cheltenham Festival. Here are all available Matchbook payment methods:
Visa
Mastercard
Maestro
Paysafecard
Neteller
Skrill
Fast Bank Transfer
Matchbook Cheltenham 2026 Offers Terms and Conditions
New Customers Only. Sign up with Bonus Code: MB40 , Bet and settle 2 x £10 Bets on separate horse racing markets at odds of 2.0 or more. Once qualified user will receive 6 x £5 Multiples and 1 x £10 Exchange Bets for Horse Racing markets only. Deposits via Debit Card only. T’s and C’s apply. 18+ Only. Be Gamble Aware.
Matchbook Cheltenham Bonus Codes
For new users to claim the Matchbook Cheltenham sign up offer, they must enter a specific promo code to ensure eligibility for the £40 bonus. This code is MB40, and must be entered during the sign up process.
Failing to do so when setting up your account and before making your first deposit would mean you are no longer eligible for the £40 bonus. As for other Matchbook existing customer offers, there doesn’t appear to be a bonus code required.
Tips to Maximise your Matchbook Offer During Cheltenham Festival
Matchbook’s £40 sign up offer is a great way to enhance your betting experience, especially with Cheltenham just around the corner. By following the tips below, you can maximise this promotion and ensure you use it effectively.
When placing your qualifying bets, you could spread your £40 stake across a variety of events or sports to increase your chances of meeting the requirements. For instance, you could combine safer bets closer to the minimum odds of 2.0 with slightly higher-risk wagers to improve potential rewards. By diversifying your bets, you also increase your exposure to different markets, which could work in your favour during Cheltenham or other high-profile events.
Once your qualifying bets have settled, your £40 in free bets will be credited to your account within 48 hours. The bonus is divided as 6x £5 Horse Racing Multiples Bets and 1x £10 Horse Racing Exchange Bet, which includes the Cheltenham Festival.
The timing of this Matchbook promotion makes it ideal for Cheltenham betting. Use your free bets on popular back or lay markets for key races or try combining multiple outcomes in a single race with a Bet Builder. Matchbook’s exchange feature to back or lay bets could provide more flexibility and potential for strategic hedging. Cheltenham offers a range of exciting markets, making it the perfect opportunity to leverage this bonus.
Comparing Matchbook Free Bet Cheltenham Offers to Competitors
Betfair Cheltenham Sign Up Offer: Bet £10 Get £50 in Free Bets
Betfair's bet £10 get £50 sign up offer provides a lower free bet amount and with a larger qualifying bet amount.
Betfred Cheltenham Sign Up Offer: Bet £10 Get £40 in Free Bets
Betfred has a very similar sign up offer to Betfair in that you must bet £10 to get £40 in free bets, which is a higher qualifying wager requirement to unlock the same in free bets.
bet365 Cheltenham Sign Up Offer: Bet £10 Get £30 in Free Bets
The bet365 sign up offer for Cheltenham is an example of a bet £10 get £30. The difference with this offer is that you must use the promo code ‘ODDSCHECK’ when signing up to unlock the £30 free bet bonus. The £10 qualifying bet rule applies, and the free bets will be available for 7 days.
Cheltenham 2026 Schedule & Key Races
The Cheltenham Festival is expected to welcome over 250,000 spectators across four days of world-class jump racing, with the event set to take place between Tuesday 10 – Friday 13 March 2026.
Check out the tables below to see the full schedule for Cheltenham Festival 2026:
Frequently Asked Questions (FAQs) About Matchbook Cheltenham Offers
What is the Matchbook Cheltenham Free Bet Offer?
The Matchbook Cheltenham free bet offer allows new customers to claim a £40 bonus after placing and settling £20 in qualifying bets on Matchbook markets. You must use the promo code MB40 during registration to qualify.
What is a commission refund?
Commission is the fee charged by Matchbook on a bettor's net winnings from a bet. Unlike traditional bookmakers, Matchbook allows users to bet against each other rather than against the house, meaning you get better odds in return for a 2% commission fee on net profits. Matchbook does not charge commission on losing bets.
Can I Use the Matchbook Cheltenham Offer on Other Events?
Yes, the Matchbook sign up offer free bets can be used on any sports markets, but it’s particularly great for Cheltenham Festival betting. However, you must meet the qualifying criteria to receive the free bets.
What Payment Methods Can I Use with Matchbook?
Matchbook accepts a wide range of payment methods, including Visa, Mastercard, Maestro, Paysafecard, Neteller, Skrill, and Fast Bank Transfer. Make sure to check for any restrictions on qualifying deposits for promotions.
When Will I Receive My Free Bets?
Once your qualifying bets are settled, your free bets will be credited to your Matchbook account within 48 hours.
How Do I Use the Matchbook Exchange for Cheltenham?
Matchbook’s exchange allows you to both back and lay bets. This means you can bet on a horse to win or bet against a horse winning. It provides more flexibility and allows strategic betting during Cheltenham.
Why Choose Matchbook for Cheltenham Betting?
Matchbook stands out as a betting platform for Cheltenham due to its competitive odds, wide market selection, and the ability to use the exchange for back and lay betting. The £40 welcome offer is another strong reason to choose Matchbook for Cheltenham Festival betting.
Additionally, Matchbook’s user-friendly interface and various promotional offers make it a great choice for both new and seasoned bettors during Cheltenham.
Responsible Gambling at Cheltenham
Betting should always be done responsibly. While the Cheltenham Festival is an exciting time for racing fans, it’s important to set limits and bet within your means. Matchbook encourages responsible gambling and provides tools to help manage your betting activity. If you feel your betting is becoming problematic, seek help from organisations like BeGambleAware.
