Friday, March 28, 2025

Spreadex Cheltenham Offer

The Spreadex Cheltenham sign-up offer gives new customers £50 in free bets when you sign up. Find out how to claim your Spreadex Cheltenham free bets today.

Banner Center image

Spreadex Cheltenham Offer

Spreadex

Get £35 in Free Bets

Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 18+. T&Cs apply.

Get £35 in Free Bets

Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 18+. T&Cs apply.

Why not mix up your betting experience this Cheltenham Festival and enjoy spread betting as well as betting in the traditional sense? Spreadex is one of the biggest names in the spread betting industry, however, what many may not know is that they also offer traditional betting as well.

And new customers can try out both types by receiving £50 in free bets when they bet £25. Today, we’re going to talk you through the process of claiming this wonderful Spreadex Cheltenham offer. We will also give you a few tips to hopefully help point you in the right direction to the winners’ enclosure and go through some of the other promotions you can claim at Spreadex.

Spreadex Cheltenham offer desktop image

How to Claim the Spreadex Cheltenham Betting Offer

Although the Spreadex Cheltenham sign-up offer might seem a little complex, it’s easy to claim and you will be placing your free bets in no time. Here’s what you need to know.

  1. Click on the Spreadex Cheltenham Offer Link

    Your first step you need to take in order to take advantage of the Cheltenham free bet offer available with Spreadex is creating a new account. Click on the link that you will find on this page, which will direct you to the registration form.

  2. Fill in the Registration Form

    Once you’re on the Spreadex platform you need to enter some personal details to set up your account. This will include your full name, email address, phone number, date of birth and nationality. Before proceeding to the next step, you need to create a unique login and password.

  3. Enter a Qualifying Deposit

    Now that your Spreadex account is created, you need to place a qualifying bet. Of course, you will need to fund your Spreadex account before you can do this. Your qualifying bet must be a fixed odds bet and not a spread bet. It needs to be at least a £25 stake, with odds of 1/2 or greater.

  4. Begin Using the Free Bets

    Your free bets will be released over a period of time. If you time it right, you can receive a free bet every day over the Cheltenham Festival. You will receive a free £5 bet instantly. You will then receive a free £5 bet each day for the next four days following your initial free bet, totally £25.

  5. Expand Your Spreadex Experience

    When your first free bet is placed, you will receive another two free £5 bets. These can be used on the ‘Total Goals Spread’ in football and the ‘Winning Favourites Spread’ in horse racing. Following the placement of your second free £5 fixed odds bet, you will receive these two free bets again. You will also receive 50 free spins to be used on the Starburst slot game.

Spreadex Cheltenham Offer: Key Terms and Conditions

Once you get your head around how you can use your Cheltenham free bets and when you will receive them, the terms and conditions associated with the promotion are fairly straightforward. However, there are a few things to quickly go over or reiterate.

  • The first thing is to ensure you qualify for the Spreadex Cheltenham free bets in the first place. This is probably the simplest part of the process. Again, you must place a fixed odds £25 bet that has odds of 1/2 or better.
  • The qualifying bet can’t be an in-play bet, and if you cash out the bet early, you void the T&Cs.
  • You have up to 28 days to place your qualifying bet. So you could create your account now and wait until just before Cheltenham to do so. This would mean you receive your free bets during the festival.
  • Your free fixed odds bet can be an in-play bet. But one thing to note is that you won’t be able to cash out the bet early. If you’re placing a bet at Cheltenham this shouldn’t be an issue as you can’t cash out a horse racing bet unless it’s a multiple bet anyway.

Why Choose the Spreadex Cheltenham Offers

Simply put, this is one of the largest free bet offers you’re likely to receive at Cheltenham. And although some may find the way that the bets are distributed frustrating, it does mean you could have a free bet for every day of the meeting.

The offer is also a mix of fixed odds betting and spread betting, so you get to mix things up a little bit. And if you’re new to spread betting, free bets are a great way to learn how it all works. Spread bets can exceed your deposit or the balance you have in your sports betting account, but it doesn’t when using your free bets.

Although Spreadex doesn’t have the largest list of ante post Cheltenham markets you’re likely to find, the odds offered are certainly competitive. They also offer non-runner – money back insurance on all of the feature races. You can also watch every Cheltenham race live on their website when you place a bet in that race.

Lastly, Spreadex has over 25 years of experience within the industry and as such they come with a solid reputation. They are fully licensed by the UK Gambling Commission so that you know that you’re going to be paid out and on time.

How to Maximise The Spreadex Cheltenham Sign-up Offer

We’re going to mix things up here and look at some of the ways you can improve your spread betting strategies. The tips below will all relate to horse racing, but some can be used on other sports too.

But before that, always remember that spread betting comes with risks as you can potentially lose more than just your spread betting balance. So always gamble responsibly and don’t bet with more than you can afford to lose.

Go Against the Trend

Now this probably goes against every rule we’ve learnt about fixed odd betting. However, when it comes to spread betting, there is often more value selling than buying. The reason for that is most punters want to see more action than not.

For example, we all probably want to see Teahupoo romp home in the Stayers Hurdle, which means more of us are inclined to buy the distances market. This betting action will affect the spread, meaning bookmakers will push the distances up to be on the higher side. Therefore, there could be more value in selling a market like this.

Read the Rules

This is probably obvious when it comes to all forms of betting, but it’s especially important when spread betting. Spread betting markets pretty much all come with different rules and learning each one will help you to work out your potential profits or losses. Knowing this will help you make more sensible bets and potentially limit your losses.

Knowing the Going

Knowing what the going is like is crucial to all types of betting, but even more so when spread betting. This is because if the going is heavy, for example, it tends to mean horses can finish very tired, which can result in some large winning distances.

Getting up the Cheltenham Hill can be testing at the best of times. When you add thick mud to the equation, it usually results in some huge winning margins.

Spreadex Cheltenham Offers for Existing Customers

Although the Spreadex Cheltenham offer we have highlighted in this piece is targeted at new customers, that doesn’t mean Spreadex forgets about their existing ones. Here are a few of our favourites to look out for come Cheltenham this year.

2nd to a Rag
Arrow

This is quite an unusual promotion but one that works rather well at Cheltenham. Spreadex will refund your losing bet (up to £25) if your horse comes second to another horse with odds of 33/1 or bigger. Now you might be thinking to yourself, that’s all well and good but how often does that happen? 

Well, let us tell you, a lot more than you think, especially at Cheltenham. That’s because even the 33/1 shots at Cheltenham tend to be decent horses, which often gives them a lively chance. 

First Past the Post
Arrow

This offer isn’t anything new but it’s still worth highlighting. Spreadex will pay you out as a winner if your horse finishes first but is then demoted by the stewards for interference. And the best thing is, that it works the other way too. If you’re upgraded to the winner of the race, you will also be paid out.

Spreadex Cheltenham Free Bets vs Other Bookies

Bookmaker Cheltenham Free Bet Offer
BetMGM Cheltenham Offer Get £40 in Free Bets When You Bet £10
Bet365 Cheltenham Offer Bet £10 & Get £50 In Free Bets
Betfred Cheltenham Offer £50 in Free Bets When You Bet £10
BetVictor Cheltenham Offer Bet £10 & Get £40 In Free Bets
Unibet Cheltenham Offer Get 2 x £10 Free Bets When You Stake £20
Virgin Bet Cheltenham Offer Bet £10 Get £20 In Free Bets
BoyleSports Cheltenham Offer Bet £10 Get £20 In Free Bets
10Bet Cheltenham Offer 100% Match Bonus Up To £50 Free Bets

Author

Dean is a content writer who covers sports betting, online casino and sportsbook reviews, and gambling laws. Given that both his father and older brother have worked in or around the sports betting sector, you could argue that Dean has a natural affinity for sports and sports betting. He has developed a strong interest in a variety of sports, participating in, observing, and writing about them.

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.