Horse Racing

Do’s And Don’ts For Betting on The Cheltenham Festival


Cheltenham Festival horse racing meet

Our Cheltenham Betting Offers can make the four days profitable for punters providing several golden rules are followed at the home of national hunt racing.

Do’s And Don’ts At The Cheltenham Festival

Best Prices

Competition among bookmakers will be fierce during the four-day extravaganza so shop around for the best prices available about your selection, whether on course, online or in the nation’s 8000 betting shops. Also remember that much better odds are usually available about outsiders on the betting exchanges.

Discipline

The most important golden rule when betting on the Cheltenham Festival is NEVER to chase any losses made. Accept that things are bound to go wrong from time to time and that tomorrow is another day. Take a bad day on the chin and keep doing what you have always done if it has proved successful in the past. Panic and there is only going to be one outcome!

Each-Way Betting

Trying to back winners at the Cheltenham Festival is never going to be easy but it is still possible to have a profitable meeting by taking advantage of some advantageous place terms. A placed horse at a big price can prove a better bet than backing the winner. Value place terms usually occur in the Graded races rather than the handicaps. Contests such as the Champion Chase, Ryanair, RSA, Stayers’ Hurdle and Gold Cup often include placed horses at massive prices despite these races often attracting some of the smallest fields, especially when they include a short priced favourite. Altior in this year’s Champion Chase being a perfect example.

Free Bets

With most bookmakers trying to attract new customers at their busiest time of the year it would be silly not to take advantage of their generosity. Make sure you check their terms and conditions however as restrictions usually apply.

Gambles

The Cheltenham Festival always attracts plenty of big gambles, some of which are successful, as was the case with Coo Star Sivola in the 2018 Ultima Handicap Chase, the horse going off 5-1 favourite after being available at double those odds on the morning of the race. But in many cases the ‘snowball’ effect can see a fancied runner going off at a false price. If you miss the early prices don’t step in when all the value has disappeared.

Irish

Don’t make the mistake of ignoring runners from across the Irish sea. Out of the 28 races at last year’s festival 17 were trained in Ireland. It would be no surprise to see a similar strike-rate in 2019, especially with most of their horses having a trouble-free preparation.

Outsiders From The Top Stables

The likes of Willie Mullins and Gordon Elliott will be responsible for the market leader in many of the Cheltenham Festival handicaps. It is not always their supposed first-string which comes out on top however, as was the case in 2018 with horses from those top Irish stables winning handicaps at odds of 25-1, 20-1, 12-1 and 10-1. Mullins also had the first three in the Champion Bumper with 25-1 chance Relegate beating two better fancied stablemates.