There are now just twelve days to go until the 2012 Cheltenham Festival gets under way with the William Hill Supreme Novices’ Hurdle! Here’s a quick a recap of our recommended Festival bets, plus a look at some of the best Cheltenham free bets and money back specials on offer from the bookmakers.

Cheltenham Offers

Paddy Power are one of the top bookmakers when it comes to promotions and special offers, and they have already got the ball rolling ahead of the 2012 Cheltenham Festival with what we think is one of the best offers we’re likely to see during the entire Festival.

Simply back the horse of your choice in the 2012 Arkle and if the hot favourite Sprinter Sacre wins, they will refund your losing bet up to the value of £100 / €100, an offer that could well cost the popular Irish bookmaker a figure in the region of £2 million.

As you’ll see from our Arkle preview, we don’t think Sprinter Sacre is as good as the hype would have you believe and our tip Al Ferof now looks exceptional value. He remains a best price of 6.50 (Coral) but the 6.00 with Paddy Power now looks a much better bet, knowing that if Sprinter Sacre beats us, we’ll get a big old refund.

Don’t forget about their new account bonus of £50 too, if you’ve never used Paddy Power before.

Another decent looking Cheltenham Festival offer from a popular Irish bookmaker is the BoyleSports opening day money back offer. Back a horse in any of the first four races on the opening day of the 2012 Festival and if it finishes second, you’ll get your stake back in the form of a free bet (up to the value of £200).

Open an account with BoyleSports in time for the festival, and you’ll bag yourself a free bet worth £20.

Today is also the day that most of the major bookmakers begin to go “No Runner, No Bet” on all of their Cheltenham Festival markets, so if you back a horse antepost in a Cheltenham Festival race and it doesn’t actually run on the day, you’ll have your stake returned in full, no questions asked. BetVictor have already confirmed that their Cheltenham markets are No Runner No Bet from today and it’s likely that others will follow suit. Open a new account with BetVictor ahead of the Festival and you’ll net a £25 free bet too.

Bet365 are already No Runner No Bet, as well as offering “Best Odds Guaranteed” – in other words, if you back a horse today and it wins at bigger odds, you’ll be paid out at the higher price. Can’t say fairer than that. Don’t forget their terrific £200 new account bonus too!

Cheltenham Previews

Not sure where to place your bets at the 2012 Cheltenham Festival? Take a look at our big race previews:

Cheltenham Festival Day 1 – Tuesday 13th March 2012
13:30 – The William Hill Supreme Novices’ Hurdle
Antepost Tip: Montbazon E/W (13.00) & Tetlami E/W (17.00)

14:05 – The Arkle Challenge Trophy Chase
Antepost Tip: Al Ferof (6.50)

15:20 – The Stan James Champion Hurdle
Antepost Tip: Final Approach E/W (101.00) & Rock On Ruby E/W (15.00)

Cheltenham Festival Day 2 – Wednesday 14th March 2012
14:05 – The Neptune Novices’ Hurdle
Antepost Tip: Batonnier E/W (17.00)

14:40 – The RSA Chase
Antepost Tip: Bobs Worth (7.00)

15:20 – The Queen Mother Champion Chase
Antepost Tip: Finian’s Rainbow E/W (7.00)

Cheltenham Festival Day 3 – Thursday 15th March 2012
14:40 – The Ryanair Chase
Antepost Tip: Medermit E/W (9.00)

15:20 – The Ladbrokes World Hurdle
Antepost Tip: Voler La Vedette E/W (8.00 Betting without Big Buck’s)

Cheltenham Festival Day 4 – Friday 16th March 2012
15:20 – The Cheltenham Gold Cup
Antepost Tip: What A Friend (11.00 Betting Without Kauto Star & Long Run)