We've teamed up with Betfair, our preferred betting exchange partner, and are delighted to announce a fantastic FREE £25 bet offer which is running throughout The Cheltenham Festival!

Customers will receive their FREE £25 bet when they open an account with Betfair and bet £25 in one bet or a series of bets during the Festival. With Cheltenham underway, many punters have already taken advantage of Betfair's flexible SP betting for the first time at the Festival and, with a FREE £25 bet also on offer, there's never been a better time to get involved.

Betfair's SP offers great value and is based on the number of backers and layers in the market with no margin for profit and plenty of value for punters. So if you believe Kauto Star will defend his Gold Cup crown on Friday, you don't need to wait for someone to match your bet as you can bet at SP.

Those who believe Ruby Walsh may have given up the wrong horse can lay the eight-year-old at SP in the same way. As well as stablemate Denman, you would then have plenty other class horses running for you including last year's runner up Exotic Dancer and talented long-shot Halcon Genelardais. The latter represents in-form Alan King's yard and has been quietly supported in both the win and place markets.

If you fear both the Nicholls-trained pair, you can back your selection in the Winner Without Kauto Star or Denman market and watch out for some intriguing Gold Cup Mythical Match Bets.

You don't have to wait for Friday's big race to claim your FREE £25 bet which can be used on all Betfair's Cheltenham markets including in-play once any of the exciting races are underway.

Click here to get your free bet with Betfair