Matchbook Cheltenham Offers 2022: £20 welcome offer as Cash if your first bet loses

Many betting sites are covering the Cheltenham Festival. In fact, most of them are, and most of them have some intriguing bonuses too. On that note, the Matchbook Cheltenham betting offer might be one that is of interest to most.

Bonus & Offers details
£20 Welcome Offer - Money Back as Cash if your First Bet Loses

New Customers only. Sign up today using the bonus code and deposit at least £25. Place your first bet and if it loses, we will refund your stake as cash. The first bet must be placed within 7 days of registration and at odds of 1.8 or more to be eligible. The max. refund is £20 and it will be applied to your account within 48 hours of the qualifying bet being settled. 18+ T&C's apply. Be Gamble Aware. 

Expires on: 31-12-2022
Last check: 2 days ago

Matchbook Cheltenham Offers and – Race Details

Matchbook Bonus Code

New Free Bet Welcome offer

£20 Welcome Offer - Money Back as Cash if your First Bet Loses


Matchbook Welcome offer is one that you cannot miss around Cheltenham festival 2022.

Key Cheltenham Races

Now that we’ve established what the Matchbook Cheltenham offer consists of, how about learning where to use it? At Cheltenham, there are many top races you may want to take a punt on. These are detailed right here.

Cheltenham Gold Cup

On day four of the festival, you will get to see the Cheltenham Gold Cup. Of all the grade one races taking place at Cheltenham, this is the largest. Over 20 horses will take part in the 2022 Gold Cup, and the winner gets to take home over £260K. The race is over 5km long, with 22 fences standing between the start and finish line. Of course, such a huge race means that you may want to use the Matchbook Cheltenham offer for this one.

Matchbook cheltenham offer

Queen Mother Champion Chase

Moving back to day two now, we arrive at the Queen Mother Champion Chase. With 13 fences and 3km of track to cover, this one is another mammoth event. You can use the Matchbook Cheltenham offer for this one if you like, of course. And with the prize purse estimated to be more than £300K for the 2022 race, the jockeys will be going hard in this race.

Stayers’ Hurdle

Finally, the Stayers’ Hurdle is held on day three. Again, this is a grade one race that hosts a bunch of competitors. More than 25 horses tend to compete in the Stayers’ Hurdle, and there are 12 hurdles combined with 3+ miles to run here. It is physically demanding, and in years gone by, the Stayers’ Hurdle has witnessed a range of underdog winners. The Quinnbet Cheltenham offer also has betting offers for the Stayers' hurdle that you can check out.

Streaming and Live Betting

Here is where some punters might feel a little disappointed. Currently, it does not appear that Matchbook offers streaming services. This means that if you want to watch the Cheltenham Festival, you’ll need to look elsewhere. However, it’s not all bad, for Matchbook does provide live betting for the festival. And as it happens, the live betting experience is pretty impressive. You can back several markets when a race is in play, and it’s very easy to do so.

The only catch is that the Matchbook Cheltenham offer cannot be used for in-play wagering.

Matchbook Free Betting Tips

Matchbook is a site that has free tips, much like others in the UK. If you click on the ‘insights’ link in the main sportsbook, you’ll then be able to see a bunch of tips and horse racing articles. Of course, with Cheltenham being a huge event, there is plenty to get through. And if you do unearth a market you’d like to bet on as a result of the information, just use the Matchbook Cheltenham offer to take a swing at it.

Top Betting Features at Matchbook

There is plenty to get excited about with this betting provider, and that’s aside from the current Matchbook Cheltenham offer. In fact, you can use all of the following features to really give your experience a boost with this site:

Back and Lay Betting

This is available due to the fact that Matchbook operates as an exchange. That’s why you can bet against or for an outcome to occur. And with more options available, this means more flexible betting!

Popular Bets

Note that this is separate from the information you’ll find with insights. Instead, you can see where the money is going for the Cheltenham Festival. With all exchanges, you can see the amount of money that has been placed on different markets. The more money wagered the more popular the bet.

Matchbook cheltenham offer


Cashing out sports bets isn’t something that has recently popped up. Many bookies have been offering such a tool for years. And with Matchbook, most markets at Cheltenham qualify for cashouts. Should you receive an offer, it takes just one tap to take it!

FAQs on the Matchbook Cheltenham Offer

Does it matter whether my qualifying wager wins?

Yes, because the Matchbook Cheltenham offer works as a money-back bet. So if your bet wins, you won’t get a refund – but you’ll still get the profit.

When do the Cheltenham markets open at Matchbook?

The Cheltenham markets are already open at Matchbook. However, these are the ante-post markets, as the runners are yet to be announced.

Does Matchbook have other promotions for Cheltenham?

Sure. Matchbook also has extra place incentives, free bets, and many other exciting bonuses.

How do the odds compare with other bookmakers?

With Matchbook working as an exchange, the odds are generally favourable compared with other bookmakers.

Matchbook Cheltenham Offer Conclusion

From what we’ve seen, we are perfectly happy with the value that the Matchbook Cheltenham offer provides. It’s great that you are 100% shielded against a loss on your first wager. Other sites tend to go for the free bets option. But as you may already know, this doesn’t really provide you with a non-hassle start. So at the end of the day, we would definitely recommend claiming the offer when you get the chance. Just remember that the pre-race markets won’t be visible until nearer the time of the event.

Just don't stop here, check out what other leading bookmakers have to offer for the Cheltenham Festival 2022: