New To Matched Betting? Here's 10 Tips To Make The Most Out Of Cheltenham!


15 Feb 2022

Updated: 13 Feb 2024

The Cheltenham Festival is the most profitable time of the year for anyone Matched Betting.

Cheltenham is extremely popular with regular punters as bookies fight it out to make sure they get as much custom as possible.

This gives YOU a chance to take advantage of four days FULL of special offers.

Cheltenham is your opportunity to make some amazing profit and give your starting bankroll a huge boost!

In this article, you can follow these top 10 tips to help you make the most out of Cheltenham this March.

1 - Be Prepared

The Cheltenham Festival 2023 will take place from Tuesday 14th March until Friday 17th March.

Make a note on your calendar as you won’t want to miss this!

Also make sure you're upgraded to a Platinum or Diamond Outplayed Membership plan before Cheltenham starts as it's so important to know your way round and have a good grip of the basics if you want to make the most out of the festival.

If you are trying to learn too much in a rush it will likely result in you being overwhelmed or making a mistake.


Make sure you join the Facebook Group as the Outplayed Team will be running a series of live training webinars and similar events in the weeks before the festival. 

Recommended reading: How To Prepare For Cheltenham

2 - Avoid Comparing Yourself To Others

Some Outplayed members make serious profits during the 4 days of the Cheltenham Festival. 

With that said, the top earners not only have years of experience, but they have also built up a significant Matched Betting bankroll. Likely of several thousands.

This allows them to complete a large number of offers, and do more advanced Horse Racing Offers, like Extra Places, using higher stakes.

As you are relatively new to Matched Betting, you will likely not be making thousands of pounds profit during the week.

If you compare your profits to others, you will feel disappointed and demotivated.

As a new Matched Bettor, you should view the Cheltenham Festival as a brilliant opportunity to boost your early profits.

It is important that you remember all Matched Bettors started with the basics.

By completing the signup offers, learning new strategies and growing their profits gradually.

If you keep this mindset there is no reason why you too won’t be making significant profits during Cheltenham 2023.

3 - Look Out For Super-charged (Enhanced) Signup Offers

In the build-up to Cheltenham, bookies are desperate to get your custom.

You will notice that some UK Bookmakers online will have enhanced signup offers.

An example of an enhanced signup offer would be:

‘Bet £10 Get A 40 Free Bet’

Instead of:

“Bet £10 Get A £20 Free Bet”

You can follow our instructions to extract even more profit from these offers.

If you spot any enhanced offers that seem more complicated, do not panic!

You can reach out to our customer service team who will be happy to help you.

4 - Learn About Horse Racing ‘Refund If’ Offers

Horse Racing Refunds, also known as Horse Racing Money Back If Offers are a simple and effective way for you to boost your profits.

You will be able to do these types of offers on all four days of Cheltenham.

These offers are shared in the 'Reload Offers' section and in the forum here every day. 

  • Get a Free Bet if a certain horse wins and your bet loses.
  • Cash Back or Free Bet if your horse finishes 2nd/3rd or similar.

Learn more: Introductory Guide To Matched Betting Horse Racing Refunds

Example Offers: Horse Racing Refund, Money Back If X Offers

5 - Have These Important Accounts Open And Ready

There are some bookmakers that traditionally run very generous offers during Cheltenham.

We’ve identified these for you as:

  • Sky Bet
  • Paddy Power
  • Bet365

You should aim to have these accounts open and ready to go as a bare minimum.

You’ll find that ALL Bookies will be running some sort of special offer for both new and existing customers.

But as you are new to Matched Betting, aim to have these three at least open if possible.

Also get more information about the odds matcher

6 - Set Up 0% Commission With Smarkets And Matchbook

As a full Outplayed member, you are able to pay 0% commission on all bets at Smarkets Betting Exchange and if you are a new customer to Matchbook Betting Exchange.

This perk will save you A LOT of money in the long run.

It’s free, quick and easy to set up 0% with these betting exchanges, you can do this here:

Set up Smarkets 0% commission.

Set up Matchbook 0% commission.

7 - Check Your Emails And Texts Before And During The Festival

Bookies will send you a whole host of promotional content during Cheltenham. If you're not getting any through before Cheltenham, make sure you've opted-in for promotional emails, SMS and similar from them.

You may find a few more gems than usual during this time.

As you have recently signed up to these Bookmaker sites. They will be making a special effort to keep your custom.

So expect some generous offers that you can use to extract some extra profits!

8 - Make Sure Any Pending KYC Requests Are Completed

As part of the UK Gambling regulations, Bookies are required to verify your identity.

This is sometimes referred to as a KYC (Know Your Customer) request.

It protects both you and the bookmaker against issues such as underage gambling.

For some top tips on how to speed up this process, please see our training guide on ID/KYC Verification here.

You will find that in most cases you will be verified automatically, so you won’t need to do anything.

Occasionally a Bookmaker will email you and request a picture of a certain document to prove your age.

It is wise to get ensure you have replied to any pending KYC requests before Cheltenham begins.

This way, you will have full access to all your current Bookmaker accounts.

You can focus on completing offers and making more money!

9 – Make A Plan Of Action

With so many offers at one time, it would be easy for you to feel stressed and overwhelmed.

You can avoid this by taking time the night before or in the morning to jot down the offers you intend to do.

Follow the OffersTeamOP on the forum to be certain that you'll never miss an offer.

Also watch out around the 8th March for a special link on the main offers pages just for Cheltenham. This will get shared in the forum and Facebook Group so keep an eye out.

Also be ready to check your email each day of the festival as Outplayed CEO Sam Stoffel usually sends out a list of the best offers to do each day for Platinum and Diamond Outplayed members. 


10 - Enjoy It!

You should see Cheltenham as a bonus chance to boost your early profits.

You will be in a much better position next year to attack Cheltenham 2024.

By Matched Betting, please enjoy this fact:

You are going to be in a small percentage of people that will make a profit from betting during Cheltenham.

Want To Find Out More About Matched Betting?

Why not ask our members yourself?

Our Facebook Group, which currently has over 50,000 members is a great place to get answers and ask for help, especially if you are completely new to Matched Betting.

Interested in Getting Started Matched Betting In Time For Cheltenham?

Why not learn more about Matched Betting? Want to join in this Cheltmas?
You can start learning for free with our free trial and make your first profits.


Alternatively, upgrade to our Platinum Membership here. You can easily make the cost of your membership back within an hour or so once you get the hang of things. Talk about value for money!