Go to Ladbrokes and sign up using the promotion code MAXIMUMBONUS. You will be able to watch live streaming from all the Cheltenham Festival 2011 races and all Racing UK races live for free when you bet on the race 

You must register using the promotion code MAXIMUMBONUS!

Mobile Live Streaming Terms and Conditions
  
1. 18 years and over  
2. Streaming is only available on horse racing from Racing UK courses.
3. You need to have placed a bet of £1 (or more) per race to qualify.  
4. If betting on multiples you will need place a £1 unit stake, running onto a selection in the race you wish to view.  
5. The race stream will be available from 5 minutes before the advertised race time, until 20 minutes after the race finishes.  
6. If a race begins later than 20 minutes after the published off time it may not be possible to view.  
7. The live stream will run over both 3G networks and Wi-Fi. However, due to signal restrictions there may be times when the 3G service is weak and the stream does not appear.  
8. Please note that network operators may restrict access on some tariff's or contracts, such as pay as you go.  
9. For more information on your contract or tariff please contact your network operator directly.  
10. Racing UK races are available on iPhones only.  
11. Data charges may apply which you have full liability for.  
12. Your iPhone must have version 3.0 or above Operating System installed and must have continuous 3G or Wi-Fi coverage, minimum bandwidth of 500 kbps is recommended.