Cheltenham promo: Get a £20 free bet with Parimatch Cheltenham sign up offer



Parimatch, one of the country’s best new betting sites, is running a new Cheltenham sign up offer.

Parimatch offers new customers £20 in free bets after signing up, depositing £10 and betting £10 on any horse racing market.

During 2026 Cheltenham Festival, the bookie is also running a number of Parimatch Cheltenham offers.

With that in mind, we’ve compiled a guide to both the Parimatch welcome offer and relevant Cheltenham offers, providing prospective customers all the information they need about promotions provided by one of the best betting sites for horse racing.

What is the Parimatch Cheltenham sign up offer?

The Parimatch welcome offer is a standard variation of a ‘bet and get’ Cheltenham offer.

New customers can get £20 in free bets when they sign up on its website or betting app and deposit £10 via a qualifying payment method. This offer is available until 17:20 UK Time on 13 March 2026.

Users must create an account by clicking our link and opting in on the promotion – there is no need to use any Parimatch Cheltenham promo code.

Once the deposit is made, new users must then stake that £10 on a horse racing market with odds of evens or greater within seven days of registration.

This odds threshold matches betting sites across the market. Cashed out or partially cashed out bets do not count for the qualifying wager.

Once the qualifying wager is settled, customers will receive £20 in free bets within 24 hours.

Free bets are paid out as 4x £5 free bet tokens: 1x £5 acca free bet (minimum of three legs), 1x £5 in-play racing free bet, 1x £5 ‘Lengthen the Odds’ bet and 1x £5 free bet for any horse racing market. All tokens are limited to racing markets.

Free bets expire within seven days. To activate them, go to the Offers tab and My Bonus Details before clicking ‘Use My Free Bet’. Free bets must be used on odds of 1/1, and virtual sports are not eligible.

Is there a Parimatch bonus code for Cheltenham 2026?

New customers do not require a Parimatch bonus code required to unlock the Parimatch Cheltenham offer.

Customers only need to click our link before signing up and opting into the promo online. After that, they only need to deposit £10 and bet £10 on any sports market.

Parimatch Cheltenham offers and features

Along with having a decent Parimatch Cheltenham bonus offer for new customers, the bookie is also one of the top horse racing betting sites on the market.

Existing users have access to a great range of Cheltenham offers and features ready for the 2026 Festival. Here are just a few of the Cheltenham betting offers available:

Best Odds Guaranteed (BOG): Parimatch provide best odds guaranteed on all Cheltenham races, ensuring that punters get the best value on their odds if your bet is shorter than the SP price.

Bet Boosts: Customers have access to a wide range of Cheltenham bet boosts across several markets including single, double and acca bets.

Cheltenham Non Runner Money Back: Another relevant Parimatch Cheltenham offer is NRMB. The bookie will refund your money back as cash if your Cheltenham runners do not run in the race specified on your wager.

Extra Places: Parimatch provides extra places on Cheltenham races. Look out for these offers to get the most out of your each-way bets.

Lucky Dip: Bettors can spin the Lucky Dip wheel for Cheltenham bets to receive enhanced prices on bets and markets.

Live Streaming: Parimatch live streams all races from the UK and Ireland through Racing TV.

Bet Finder: Parimatch offers users the chance to select their horse racing bets via competitors’ attributes, helping you narrow down the options for your Cheltenham wagers.

Responsible gambling

Always remain within a budget and never exceed it. No matter what the circumstances, never chase your losses.

Anyone can lose a bet, even if they know a lot about horse racing. It is easy to get carried away when events such as Cheltenham Festival are taking place, so make sure to remain in control of your time and betting.

Whether you’re using betting sites, online casinos, slot sites or poker sites, bettors can use responsible gambling tools such as deposit limits, loss limits and self-exclusion among others.

In the UK there are a number of gambling addiction charities ready and prepared to help you with counselling, support groups and practical advice on how to help you recover if you do lose control:

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