With the Cheltenham Festival just around the corner, there’s no better time to take advantage of exciting betting promotions.
Casumo is offering a Cheltenham bonus that gives new customers 50% back as a free bet, up to £25, on their first accumulator bet.
While this offer isn’t exclusively for Cheltenham, it provides a great way to add extra value to your bets during the festival itself. Whether you’re backing a favourite in the Cheltenham Gold Cup or trying your luck with an accumulator across multiple races, this bonus ensures you get a risk-free safety net if your bet doesn’t win.
Casumo’s sportsbook is known for offering competitive odds, a user-friendly interface, and a wide selection of markets, making it an excellent choice for both seasoned bettors and newcomers. This promotion is perfect for those looking to bet on horse racing, football, or other major sporting events, giving you a second chance at a winning bet.
I’ll explain here how the Casumo Cheltenham bonus works, who can claim it, and what key terms apply. If you’re looking to reduce risk while betting on Cheltenham Festival races, this offer is one you won’t want to miss!
What you need to know about this offer ahead of Cheltenham
The Casumo Cheltenham bonus is a 50% money-back offer on your first accumulator bet, up to £25. If your qualifying bet loses, you’ll receive half your stake back as a free bet.
While this promotion isn’t exclusively for the Cheltenham Festival, it can still be used to place bets on Cheltenham races, making it a great way to increase your chances of winning during one of the biggest horse racing events of the year. Below, I’ll break down everything you need to know about this offer, including who can claim it, how it works, and how long it remains valid.
Who can claim this offer?
To be eligible for the Casumo Cheltenham bonus, you must meet the following criteria:
- New Casumo customers only
- 18+ years old
- Reside in the United Kingdom
- Register a new account with Casumo
- Place an accumulator bet with at least three selections
This promotion is limited to one per customer, household, IP address, email, and payment method.
How to claim the bonus
To activate the Casumo welcome offer, follow these simple steps:
- Register a new account with Casumo.
Place an accumulator bet with:
- A minimum stake of £2
- At least three selections
- Minimum combined odds of 3.0 (2/1)
- If your bet wins, you receive your winnings as usual.
- If your bet loses, Casumo will refund 50% of your stake as a free bet, up to £25.
For example:
- Bet £10 and lose: Get a £5 free bet
- Bet £50 and lose: Get a £25 free bet (max refund)
This means you can place a risk-reduced bet on Cheltenham Festival races or any other sporting event, knowing that half your stake is protected.
What do you get?
50% Back as a Free Bet (Up to £25) – Credited if your first qualifying accumulator bet loses.
- The free bet can be used on any sports market, including horse racing, football, and more.
- You can use the free bet on Cheltenham Festival races or any other event of your choice.
- Winnings from the free bet will be credited as cash, but the free bet stake is not included in returns.
How long is the bonus valid?
- The free bet expires 7 days after being credited to your account.
- If it is not used within this period, it will be removed from your account.
- The free bet must be used in full (it cannot be split into smaller bets).
This means you’ll need to use your free bet within a week of receiving it, making it an ideal promotion for placing bets throughout the Cheltenham Festival or other major sporting events.
This Casumo Cheltenham bonus provides extra value and a safety net for your bets. Whether you’re placing a big accumulator bet on Cheltenham Festival races or trying your luck on multiple sports, this promotion ensures you get a second chance at winning.
Terms and conditions of this Cheltenham bonus
Before claiming the Casumo Cheltenham bonus, it’s essential to understand the terms and conditions to ensure you meet the requirements and can make the most of the offer. Below is a breakdown of the key details you need to know.
Who is eligible?
- New Casumo customers only
- Must be 18+ years old
- Must reside in the United Kingdom
- Must register a new Casumo account
This promotion is limited to one per customer, household, IP address, email, and payment method.
Qualifying bet requirements
To activate the 50% money-back bonus, you must:
- Place an accumulator bet (single bets and system bets are excluded).
- The bet must have at least three selections.
- The minimum stake must be £2.
- The combined minimum odds must be 3.0 (2/1) or greater.
- If your bet wins, you receive your winnings as normal.
- If your bet loses, Casumo will refund 50% of your stake as a free bet, up to £25.
For example:
- Bet £10 and lose: Get a £5 free bet
- Bet £50 and lose: Get a £25 free bet (max refund)
Free bet rules
50% Free Bet Refund (Up to £25)
- The free bet will be credited to your account if your qualifying accumulator bet loses.
- The free bet must be used in full (it cannot be split into smaller bets).
- The free bet stake is not included in any winnings – only the profit from the bet is returned as cash.
- The free bet can be used on any sports market, including Cheltenham Festival races.
How long is the free bet valid?
- The free bet expires 7 days after being credited.
- If it is not used within this period, it will be removed from your account.
This means you need to use your free bet within a week, making it ideal for betting on Cheltenham Festival races or other sporting events.
General terms & restrictions
- Cashed-out bets do not qualify – If you cash out your bet, you will not receive a free bet.
- System bets and single bets do not count – Only accumulator bets with at least three selections are eligible.
- Only real-money bets qualify – Bets placed using free bets or other promotions do not count.
- Casumo reserves the right to withdraw or amend the promotion at any time.
- Standard Casumo Terms & Conditions apply to this offer.
The Casumo Cheltenham bonus is a great way to reduce risk on your first accumulator bet, giving you a 50% refund (up to £25) if your bet loses. This means you can place your Cheltenham Festival bets with added confidence, knowing that you’ll get half your stake back as a free bet if things don’t go your way.
Make sure to check all the terms and conditions before claiming the offer and remember to use your free bet within 7 days to get the most out of this promotion.
More Cheltenham opportunities:
- Cheltenham 2025 free bets and betting offers
- Cheltenham ante-post tips
- Cheltenham 2025 Cheat sheet
- Champion Hurdle tips
- Stayer’s Hurdle tips
- Champion Chase tips
- Arkle Chase tips
- Supreme Novices’ Hurdle tips
About the author

Dean Etheridge
Dean Etheridge is an experienced freelance sports betting writer who specialises in football, cricket, and darts, with a keen focus on the Premier League and Champions League, as well as in-depth coverage of Premier League Darts and major tournaments. He can turn his hand to all aspects of the beautiful game and beyond, delivering expert analysis across a range of sports. He predominantly covers the Premier League and Champions League but can turn his hand to all aspects of the beautiful game. You can follow Dean on LinkedIn (@deanetheridge)
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