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New Customer offer. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £40 in free bets. Free bet rewards valid for 30 days. Only deposits via Pay by Bank, Debit Cards & Apple Pay will qualify for this offer. T&Cs apply. Please Gamble Responsibly
New Customer offer. Place a min £5 bet on the sportsbook at odds of min EVS (2.0) and get £40 in free bets. Free bet rewards valid for 30 days. Only deposits via Pay by Bank, Debit Cards & Apple Pay will qualify for this offer. T&Cs apply. Please Gamble Responsibly
Valid Today
June 8, 2026
Paddy Power are one of the biggest and best bookmakers around when it comes to delivering at the Cheltenham Festival. Its diverse range of markets, offers and specials around the four-day racing event is almost unrivalled among the industry and should be one of your first options when placing bets at Cheltenham.
Not only offering superb coverage, Paddy Power also has a fantastic Cheltenham-focused sign-up offer which you should be making the most of to ensure you win big at the festival. By signing up and making just a £10 qualifying bet on the festival, Paddy Power will give you £60 in free bets to use on the races. Boosted odds, extra places and much more await with Paddy Power at the Cheltenham Festival. Here’s our exclusive guide into how to use Paddy Power's offer on the festival.
How to Claim Paddy Power Free Bets for Cheltenham
Here’s how you can claim Paddy Power’s offer of Bet £10 Get £60. It’s easy to claim so you can get your hands on £60 in free bets by following these steps.
CLICK HERE or sign up to Paddy Power via any of links you can see on this page.
Once you’re on the official Paddy Power website, choose the Join Now option.
Fill out the registration form with all the required information.
Manually insert the Paddy Power promo code, YHRCHW
Make a qualifying deposit via Pay by Bank, Debit cards or Apple Pay and bet of £10 at minimum odds of Evens (2.0) or bigger on Cheltenham Festival.
Once you have met this criteria, you will receive your £60 in free bets (credited as 6x £10 in Free Bet Builders, Accumulators or multiples), after your bet has settled.
You’re free to venture into the Paddy Power sportsbook and start betting on the Cheltenham Festival.
Paddy Power Cheltenham 2026 Offer Terms and Conditions
Here are the terms and conditions of the Paddy Power sign up offer:
New customer offer. Place a min £10 bet on Cheltenham on odds of min EVS (2.0), get 6x £10 in Free Bet Builders, Accumulators or multiples to use on any sport. Rewards valid for 30 days. Only deposits via Pay by Bank, Apple Pay or Debit Card will qualify. T&Cs apply. Please Gamble Responsibly.
Paddy Power Cheltenham Offers Explained
Paddy Power’s current generic offer sees you claim £60 in free bets after making your qualifying wager of just £10 on any race at the Cheltenham Festival. This means that you won't need to spend as much on your deposit and use that betting on the races themselves.
To access Paddy Power’s sign up offer, you must use their promo code, which is currently YHRCHW. Adding this when filling in your details will give you that all-important £60 in free bets once the first wager has been made on odds of Evens or greater.
You'll also find plenty of other exciting Paddy Power offers for the Cheltenham Festival, from enhanced odds sign up offers to completely free bets. Follow along to find out more:
Paddy Power Enhanced Offer: Lulamba or Kopek Des Bordes at 60/1
This enhanced odds offer is perfect for those looking for an alternative to the bet £10 get £60 sign up offer. Available to new customers only, this offer provides an enhanced price on either Lulamba or Kopek Des Bordes at 60/1 to win the Arkle Chase on Tuesday (2pm). Follow the steps below to claim this offer instead:
CLICK HERE to claim the Lulamba or Kopek Des Bordes Paddy Power enhanced offer
Open a new account using promo code 'YHRCID' to boost Kopek Des Bordes to 60/1
Open a new account using promo code 'YHRCHX' to boost Lulamba to 60/1
Deposit a minimum of £5 by Pay by Bank, Cards or Apple Pay
Place a max £1 bet on Kopek Des Bordes or Lulamba to Win in the Cheltenham 2:00 ‘Arkle’ market on Tuesday 10th March
If your bet is successful, you will be paid in cash based on the normal price on site and will have the extra amount, bringing the bet up to the cumulative 60/1 payout, credited in Free Bet Builders, Accumulators or multiples to use on any sport
Claim a Completely Free Bet on Days 1, 2, and 3 of Cheltenham Festival
See the steps below to claim a completely free bet worth between £1-£50, thanks to Paddy Power:
How and when can I qualify?
CLICK HERE to claim your Tuesday free bet via promo page after 1pm Sunday 8th March.
Customers must claim the free bet first from the promotion page to then use it in their betslip when placing a bet.
One free bet per customer.
Free Bet can be used on any Cheltenham race Tuesday, Wednesday & Thursday
Free Bet can be used on any race each day
Free bet stake not included in any subsequent winnings.
Free bet varies from £1 - £50
Paddy Power's New Free-To-Play Eliminator Game for Cheltenham
As well as some amazing sign up and existing offers, Paddy Power is going one step further and has a free-to-play game just for customers. Find the winner in each of the 6 races and you win (or share) the
jackpot amount! Fail to find the winner in any of the races and you are
ELIMINATED. You could win up to £250,000 in this amazing game so check it out!
Cheltenham Festival Paddy Power Extra Places
Paddy Power are one of a number of major horse racing bookmakers to offer extra places at the Cheltenham Festival. For day one, Paddy Power is paying out on extra places in five races. These are:
13:20: Supreme Novices' Hurdle - 4 Places
14:40: Fred Winter Hurdle - 6 Places
15:20: Ultima Chase - 6 Places
16:40: Plate Chase - 5 Places
17:20: Challenge Cup Chase - 5 Places
Paddy Power Cheltenham Festival Power Prices
A perfect opportunity to give your Cheltenham bets a surge during the festival, Paddy Power’s Power Prices gives an odds boost on each day of the festival. With plenty of high-profile races taking place on all four days at Cheltenham, Paddy Power will clearly indicate every odds boost available on each day. This means you can pick and choose where you want to spend those £60 in free bets when you sign up with Paddy Power! Paddy Power's Day 1 Power Prices are as follows:
Nicky Henderson Double - Old Park Star (13:20) & Lulamba (14:00) Both To Win At Cheltenham
Willie Mullins Double - Kopek Des Bordes (14:00) & Lossiemouth (16:00) Both To Win At Cheltenham
Mark Walsh Treble - Saratoga (14:40), Jagwar (15:20) & McLaurey (16:40) All Top 6 Finishes At Cheltenham
Cheltenham Festival Paddy Power Money Back as Cash if You Lose
A hit at the 2025 Cheltenham Festival for Paddy Power, their promotion of Money Back as Cash if You Lose is a fine example that was available for existing customers. Should this offer return for the 2026 races, we will update this page here.
Paddy Power Payment Methods
Before you can claim the Paddy Power deposit bonus, you need to fund the account. Paddy Power requires you to use a debit card or Apple Pay when depositing your minimum requirement. However, once you’ve made your qualifying bet, you can use the below payment methods:
Neteller
Entropay
Visa Debit
Visa Maestro
Skrill
PayPal
Paysafecard
Paddy Power Cheltenham Promo Code
To access the Cheltenham free bets offer with Paddy Power, you will need their sign up promo code.
After making your deposit of £10 and completing the registration process, make sure to use the Paddy Power promo code YHRCHW and that your qualifying bet is at minimum odds of Evens (2.0) or bigger.
Once you have done this, you will receive your £60 in free bets to be used on the Cheltenham Festival.
Tips to Maximise your Paddy Power Offer During Cheltenham Festival
The Paddy Power Cheltenham offer gives you plenty of freedom in order to spend your free bets at the races. The £60 in free bets is credited as Bet Builders, Accumulators or Multiples, but this still gives users plenty to work with when betting on Cheltenham this week.
You could choose to focus on key Cheltenham races like the Champion Hurdle, the Gold Cup, or the Queen Mother Champion Chase, where form guides and analysis are abundant. This helps you make informed decisions and ensures you don't waste any bets by backing horses blindly.
Enhanced odds or festival-specific promotions that Paddy Power is offering, such as extra places, will be up for grabs with your free bets. While there is great risk in some markets such as accumulators, there is a higher reward to turn your free bets into big money.
You can also take advantage of Paddy Power’s Power Prices, which could help you get even more for your money. These power surges will be clearly identified so you will know which race at the festival you can go big on.
Paddy Power’s Free Bet Cheltenham Offer Compared
While we anticipate a new free bets promotion to celebrate Cheltenham Festival with Paddy Power, their current offer of bet £10 get £60 is very competitive amongst competitors. Here we examine what the other bookmakers are offering compared to Paddy Power.
William Hill Cheltenham Sign Up Offer: Bet £10 get £40 in Free Bets
William Hill is offering a very generous bonus of £40 with a £10 qualifying bet, which is less than Paddy Power's current offer. Despite this, the offer from William Hill can be used on any bet type £40, meaning there's no restriction with your Cheltenham free bets. Nevertheless, both offers are very competitive and well-worth claiming.
Sky Bet Sign Up Offer: Bet £1 get £50 in Free Bets
There’s fantastic value to be had with the Sky Bet Cheltenham sign up offer with new users getting £50 in free bets with a qualifying bet of just £1!
Betfred Sign Up Offer: Bet £10, get £40 in Free Bets
Betfred's sign up offer gives exceptional value of bet £10 get £40 but there are some caveats to the deal. After placing your qualifying wager you will receive 2 x £10 in free bets and 2 x £10 in acca free bets.
Although there’s not as much flexibility with this deal, there’s still fantastic value and is a great competitor to the Paddy Power sign up offer of bet £10 get £60 in free bets for the Cheltenham Festival.
Why Choose Paddy Power for Cheltenham Betting
Paddy Power are one of the biggest and most reputable bookmakers at Cheltenham Festival with a wide range of markets and offers for customers new and old. With Paddy Power, you will get £60 in free bets when you spend £10 on the Cheltenham Festival, providing you with great value to spend on many different races.
Outside of the sign up offer, Paddy Power also has Best Odds Guaranteed, meaning you won’t miss out on value if the odds get better or worse closer to the race. Paddy Power’s Non-Runner No Bet protection at the festival also means your stake should be returned if your horse doesn’t run in 2026.
Add those elements to Paddy Power’s Power Prices and extra places, and you have many options at your fingertips when betting on the festival. Their immersive app has a lot of detail and information surrounding all of the key races, allowing you to make the most informed decision on how to place a bet at the races.
Paddy Power‘s Cheltenham Non-Runner No Bet Policy
On January 30, 2026, Paddy Power started offering Non-Runner No Bet (NRNB) on all 28 races taking place at Cheltenham Festival.
The bookie has offered NRNB on Cheltenham races in the past and is following that tradition for the 2026 festival, which starts on March 10.
This means that bettors placing bets on Non-Runner Money Back markets will have their stakes returned once the non-runner is declared. Any bets placed on Future Racing or Ante Post will be settled as a losing bet.
Future Racing betting ceases at 10am on the day of the overnight declaration stage and all bets placed after that stage will be 'non-runner money back’, ie. your bet stake will be refunded if your horse fails to compete.
Paddy Power Cheltenham Betting Markets
Paddy Power are experts when it comes to markets in horse racing and especially at the Cheltenham Festival. Whether you’re betting on a simple winner market or you want something a little special, Paddy Power has the market just for you. Check out some of their most popular options below.
Paddy Power Cheltenham Win Markets
A familiar betting market to most Cheltenham Festival bettors. All you have to do is bet on your selection to win any of the races taking place at Cheltenham.
Paddy Power Cheltenham Each Way Markets
Another essential market for the four-day festival, each way markets offer you greater options with each race. Paddy Power often dish out extra places, so if you bet on a horse each way and your selection doesn’t win but still finishes in the top four or five, you will still make a return. The number of places offered will vary race to race and this will give you a bigger chance of winning.
Paddy Power Cheltenham Accumulators, Multiples Markets
Paddy Power give you the chance to place multiples and accumulators across the Cheltenham Festival, enhancing your winnings in a high-risk, high-reward market.
You can do this by adding multiple Cheltenham selections to your bet slip and selecting the multiple bet option. This will provide greater odds than if you were to bet individually on each horse. Your accumulator can be win only or each way, which means you will either require each horse to win or place for the overall bet to be successful.
Paddy Power Cheltenham Forecast, Tricast Markets
Forecast and Tricast markets are available for Cheltenham and allow Paddy Power customers to boost their winnings by predicting the top two (forecast) or three (tricast) finishers for a given race.
This is another risk-reward market, but with Paddy Power and their detailed market, you can win even bigger at the races.
Paddy Power Cheltenham Special Markets
Given their reputation, there’s no surprise that Paddy Power has a host of special markets for you to use at the Cheltenham Festival.
Paddy Power’s #WhatOddsPaddy sees daily specials on races every single day. As we near the start of the Cheltenham Festival, the bookmaker is also delivering Power Prices on various odds as part of its Cheltenham Countdown./p>
Exclusive Paddy Power Features for Cheltenham Bettors
There are also a number of features that Paddy Power provides its users for the Cheltenham Festival, which make the overall betting experience a good one.
Paddy Power Cheltenham Live Streaming
Paddy Power offers a live streaming service to its customers. You can follow horse racing on your desktop or mobile device with their superb app. To gain access to this popular feature, you’ll have to create an account and fund it to watch your favourite event.
Paddy’s Cheltenham Rewards Club
With Paddy Power’s Rewards Club, you could be a new or existing customer to make the most of this promotion. All customers who opted in will receive a Power Up or Free Bet each week. Head to the website now to find out more.
Rewards will differ per customer, with the free bet value ranging from £5 to £50 per customer per week. Should you do this before the festival starts, you will have seven days to claim so there will be plenty of time to use the free bet or the Power Up on the races.
Paddy Power Cheltenham Best Odds Guaranteed
Paddy Power offer Best Odds Guaranteed on all UK & Irish Horse Racing from 8am on the day of the race. So, if you take a price on a horse and the Starting Price (SP) is bigger we will pay you out at the bigger odds! To avail of Best Odds Guaranteed you need to ‘opt-in’ on the Paddy Power promotions page ahead of the Cheltenham Festival.
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, and Friday, 13 March 2026.
Here we will answer any frequently asked questions surrounding Paddy Power and the Cheltenham Festival:
How do I get my Cheltenham free bet on Paddy Power?
You must opt in to claim the Cheltenham free bet with Paddy Power. Once you’ve done that, you’ll simply use the Cheltenham promo code and follow the bonus rules, after which the free bet should appear in your account.
How do I enter a Cheltenham promo code on Paddy Power?
Upon registration, you’ll find a special field reserved for the Paddy Power bonus code. Depending on the offer you want to acquire, you’ll use a special code, after which you’ll become eligible for the bonus.
Does Paddy Power pay out for 4th place at Cheltenham?
Paddy Power will pay out for extra places on select races at the Cheltenham Festival. This will usually include 4th place for some, and potentially 5th place or even 6th place for races with more runners. This will be confirmed closer to the festival.
Responsible Betting
Cheltenham Festival week is one of the most exciting times in the racing calendar, but it’s important to always bet responsibly. Set limits, stay in control, and only wager what you can afford to lose.
Paddy Power and all licensed bookmakers promote responsible gambling and provide tools to help you manage your betting activity. If you ever feel that gambling is becoming a problem, support and advice are available through BeGambleAware.org or by calling the National Gambling Helpline on 0808 8020 133.
