There is a perfect reason why the Cheltenham Festival attracts thousands of bettors each year, and there are good reasons why anyone should try betting on the Cheltenham festival at least once. If you’ve never done it before, you’ve come to the right place, as this guide takes a look at everything you need to know to start betting on the oldest horse racing festival, including:
- Where to find the best bookmakers for Cheltenham Festival?
- How to find the best Cheltenham betting odds?
- How can you wager on the Cheltenham Festival?
- What are tips & tricks for betting on the Cheltenham Festival?
Best Cheltenham Festival Betting Sites
Before betting on Cheltenham Festival, you need to register with a bookie that will accept your wagers. Finding an online bookmaker is simple, but there are a few things you need to keep in mind when picking between Cheltenham Festival betting sites.
A good online horse race bookmaker needs to have solid Cheltenham betting odds, a solid offer of gambling markets, and preferably betting offers and bonuses. So the best betting sites for Cheltenham races need to check all these marks, and it’s always a plus if they offer mobile betting apps.
Cheltenham Offers & Promotions
Finding a bookmaker that can provide you with the best Cheltenham betting offers will be a crucial step for anyone new to horse racing, mainly because offers and promotions are the easiest and most efficient ways to gain an edge. Depending on the bookmaker you choose, the offers will come in different shapes and sizes – even a free bet – so check the proposal.
The most common promotions will be odds boosts, added places for each-way betting, Acca boosts, reload bonuses, and even free Cheltenham bets. The odds quality should still be your main priority when picking a bookie, but don’t ignore the quality of the promotions either!
Cheltenham Festival Odds
The most important thing about Cheltenham Festival racing odds is that bookmakers won’t offer the same prices. And it’s not uncommon to find 2 bookies offering completely different prices on the same races. For example, Ladbrokes could have Rachael Blackmore priced at 3/1 to win the 2022 World Hurdle, but the same horse can be priced as high as 4/1 on Sky Bet.
You will see the same price differences when betting on any other horse racing event, so no markets, including Royal Ascot odds, aren’t immune to it.
It is essential to recognize these price gaps and how to take advantage of them and bet with the best offers available. Even though wagering at 4/1 instead of 3/1 might not seem like a lot, these minor differences add up in the long term and mean the difference between making a profit and ending negatively.
So remember to always wager with the best Cheltenham Festival betting odds and have access to as many bookies to access the best available prices.
Cheltenham Festival Specials
Betting at Cheltenham Festival can be very exciting, but you can further expand your experience by exploring the special wagering markets. These provide an alternative way to bet on the event and might offer excellent betting opportunities, so specials are worth checking out for anyone making their picks.
There are many ways you can bet on Cheltenham Festival, and many Cheltenham Festival betting offers are available. One of the more unusual wagers you can make is on trainers rather than on horses.
Cheltenham Festival does not have an event where the trainers would run. But instead, you can bet on which trainer will end the Cheltenham Festival with the most horses that emerge as the winner. Often, trainers bring several horses to compete in the Cheltenham Festival, and you can predict whose horses will be the most successful.
While very exciting, this bet type is not available to all horse racing bookmakers. But those that do have it will offer the odds under the “Outright” or “Special” sections, so double-check if the market is available.
If you want to find Cheltenham’s top trainer odds, your best bet is a known horse racing bookmaker William Hill.
Betting on jockeys works very similarly to betting on trainers. You can wager on which jockey will win the most races in a single Cheltenham Festival, a bet available because some jockeys ride more than one horse in a single event.
If you’re looking for Cheltenham top jockey odds, those will often be available on known horse racing bookies such as William Hill or Paddy Power.
There are many ways you can bet on horses. Most commonly, you will wager on which horse will win any given race, so while you can bet on which horse will win the Gold Cup, there’s also an alternative way – by predicting which horse will win the most races.
Although it’s rare for horses to race at more than one Cheltenham Festival race, some will, and if there are enough horses confirmed to race on multiple tracks, you can bet on their success.
Popular Bet Types
There are many Cheltenham Festival betting offers and betting markets to explore. The most common bet types are to win or to place, but other great sports betting deals include a nice selection of exotic wagers, presenting a new challenge for those making their picks and much higher potential payouts.
Here are some of the most popular bet types you will encounter while visiting Coral, LVBet, Betfred, or any other horse race bookmaker.
To win or a single bet is the most common wager type and the simplest one to use. With it, you’re only predicting which horse will win the race. As the most common bet, “Win” is also the most popular among bettors, albeit it does not offer as much variety as other wager types.
A “Place” bet in horse racing is similar to a top-x finish in motorsports betting. It’s essentially the same thing, albeit with a different name.
If you wager on a horse to place, you’re predicting that it will finish the race either first or second. Note that the number of places will vary depending on the race and the horse race bookmaker you choose; however, if it includes 3 places, this bet type is known as “to show” rather than ” place.
For example, Coral might offer 3 places in a race, while Paddy Power might cover 4 places. That doesn’t necessarily mean Paddy Power has a better offer since more places mean lower odds and lower potential payout.
Many bookies will have great sports betting deals on the “place” wagering markets which explains why this bet type is prevalent. However, it’s more frequently used with the “win” bet, which forms a new wager type.
An each-way bet is a wager made of 2 parts, with half the stake going on the selection to place and the other half choosing to win. It costs double a traditional bet on “to win,” but it will yield some return if your selection is placed. The best way to understand an each-way stake is with an example.
For example, you place a $5 each-way bet ($10 in total) on a horse at 8/1, with the bookmaker offering ¼ of the odds for 3 places. If your selection finishes second or third, you will receive $15, but if your horse wins, you will receive $60 ($45 for the win and $15 for the place).
Each way combines 2 bets (win and place) and splits your wager into 2 parts. This bet type is very popular among horse bettors and is available on all horse racing bookies, including William Hill, Bet365, and more.
Exacta falls into the exotic wagers you can make on horse racing, generally reserved for more experienced bettors. Still, anyone can use Exacta, and many do, mainly due to the high potential payout you can get from it.
With Exacta, you must correctly predict the top 2 finishers in the correct order. So you need to predict which horse will win and which horse will finish second. Exacta is one of the more difficult bets you can make in online betting on the Cheltenham Festival, but the potential profits make it worth it.
Quinella is another example of an exotic bet you will find when looking through Cheltenham bookmaker offers and is essentially a simplified version of Exacta. Instead of predicting the exact order of the top-2 finishers of a race, with Quinella, you have to predict which 2 horses will end first and second – in any order.
If the offered Cheltenham races odds are not high enough for you, you should try Trifecta, which provides another layer of complexity. With Trifecta, you’re required to pick the top 3 finishers in a race in the correct order, meaning it works on the same principle as Exacta with an added horse.
A Trifecta is more challenging to predict than any other bet mentioned so far, but it yields a much higher payout that can quickly multiply your wager by x100 or more. As such, it’s viral among horse racing bettors who seek higher profits.
A step further from Trifecta is Superfecta, which calls on horse bettors to predict the top four finishers of the race accurately. It is one of the most challenging picks you can make on any horse race, and if you can efficiently use Superfecta, you’re truly a champion of betting on horse races.
With Superfecta bets, you can expect to see odds that reach thousands, and it’s not too uncommon for those who hit a Superfecta bet with a small wager of $5 to walk away with several thousand dollars. So, we don’t need to specify why Superfecta is a popular exotic bet.
Bet of the Day
The Cheltenham bet of the day is the most certain wager you can make on a Cheltenham Festival race, with the highest likelihood of hitting. It’s often a simple bet that provides excellent value and a generous payout.
Anyone, including seasoned veterans and those new to betting on horse racing, can benefit from it, so it’s worth checking out if you’re looking for betting tips and predictions for today.
How to Bet on Cheltenham Festival
Suppose you’ve read our Cheltenham betting guide. You should be familiar with all the basics of how to bet on the Cheltenham Festival, including identifying the best horse racing bookmakers and reading the latest Cheltenham odds and which bet types are available to you.
Now it’s time to put all that we’ve learned together and create a list of which steps you need to take before you place your first Cheltenham Festival bets and succeed in betting on horse racing.
- Find a horse racing bookmaker to provide you with competitive odds and enough market depth.
- Consider registering at multiple bookies to take advantage of the promotions and be able to bet with the best odds.
- An account with a betting exchange is advisable but unnecessary.
- Always keep an eye out for the best Cheltenham offers bookies can offer you in the form of promotions and bonuses, which can be a valuable tool to gain an edge, especially if you’re a new customer.
- Consider picking a bookmaker that provides in-play betting markets and has live streaming options.
- Find a website that can provide valuable information, statistics, data, and betting predictions for Cheltenham Festival.
- Find a betting strategy that suits your style and stick to it.
- Learn to manage your bankroll and never bet with more than you can afford.
Betting apps are an excellent tool for anyone who wishes to bet on the go, anytime and anywhere. Due to its usefulness, as of 2023, betting apps have become more of an industry standard rather than an added feature. So, while picking a bookmaker, make sure first to check whether it has a mobile betting app available.
Admittedly, you can still wager via a mobile browser; however, betting apps are often much more efficient, work better, and have added features that make your life easier. Some horse race bookmakers will even have special Cheltenham Festival betting offers for those using the betting apps, so they’re definitely worth using.
Cheltenham Live Betting & Live Streaming
Live betting is available for Cheltenham and can be a great way to add another layer of excitement to your wagering endeavour. However, know that not all bookies will have live betting markets available, so make sure you pick one that has if you want to try live wagering on horse races.
You should also check if the bookie has live streaming, an essential feature you must have at your disposal if you wish to live bet. Most reputable horse racing bookmakers will have live streaming available. You can often find streams on mobile betting apps, so locating a bookie where you can wager in-play isn’t that difficult.
The best Cheltenham betting sites for live streaming include Ladbrokes, Sky Bet, Bet365, and BetMGM.
Cheltenham Festival Betting Tips & Predictions
If you want to succeed in betting on Cheltenham Festival races, you can access as much information about the races as possible. And the easiest way to do so is by reading betting guides and horse racing wagering experts’ predictions and gambling previews.
Finding a website that can provide great write-ups and predictions for Cheltenham Festival will make your life much easier, as you won’t have to spend hours looking for the best bets. And even though you don’t need to follow the tips and predictions blindly, the previews can be a great tool to help you decide what to wager on.
Cheltenham Festival Overview
Cheltenham Festival is one of the industry’s most prestigious horse racing events, with a rich history and exciting past. So before you place your first bet on Cheltenham Festival, let’s check out some interesting facts about this horse racing event.
- Some of the most successful jockeys of the Cheltenham Festival are Ruby Walsh, Rachael Blackmore, Paul Townend, Barry Geraghty, Barry Geraghty, Mick Fitzgerald, Jamie Osborne, Davy Russell, and Nico de Boinville.
- Ruby Walsh was recognized as the top jockey of the Cheltenham Festival 11 times, including 5 consecutive events between 2013 and 2017.
- Some of the most popular and successful trainers of the Cheltenham Festival are Willie Mullins, Gordon Elliott, Nicky Henderson, Paul Nicholls, and Howard Johnson.
- Willie Mullins had trained the most winners of the Cheltenham Festival in 8 Cheltenham Festivals between 2013 and 2022 (except for 2017 and 2018, when Gordon Elliott won the title).
- Some of the most well-known and successful horses of the Cheltenham Festival are Al Boum Photo, Kauto Star, Best Mate, Imperial Commander, and Coneygree.
- Cheltenham Festival is one of the biggest horse racing events in the world, besides the Kentucky Derby, Belmont Stakes, Melbourne Cup, and Grand National.
- Cheltenham Festival is an annual horse racing event that traditionally takes place in the United Kingdom in March at Cheltenham Racecourse in Cheltenham, Gloucestershire. It was previously also held at Warwick Racecourse and Prestbury Park.
- The most popular and legal online bookmakers for Cheltenham Festival betting include William Hill, Betfred, Bet365, BetMGM, LVBet, and Sky Bet.
- Originally, the event occurred over 2 days before it changed to 3 and, in 2005, to 4 days to include more races.
- Cheltenham Festival averages over 65,000 attendance per day.
- Thanks to its popularity, Cheltenham Festival is a huge boost for the local economy, bringing over $100,000,000 into the economy annually.
- Over the 4 days Cheltenham Festival is held, an estimated $600,000,000 is placed in bets.
- Katie Walsh, sister of Ruby Walsh, became the first woman to win a Grade 1 race in 2018, followed by Bryony Frost and Rachael Blackmore in 2019.
Betting on Cheltenham Festival can be very exciting and highly lucrative, which explains why Cheltenham Festival is one of the most popular events among sports bettors. And if you’ve read through our Cheltenham betting guide, you should have all the knowledge you need to place smart wagers and make a profit!
Remember to visit the best sites for Cheltenham races and bet only with the best odds and on the top Cheltenham betting sites.
Frequently Asked Questions
How do I bet on Cheltenham races?
You can bet on Cheltenham races on all online bookmakers that offer odds. That includes all horse race bookmakers and the most reputable traditional bookies, including Bet365, William Hill, Paddy Power, and Coral, as some of the most popular bookies for Cheltenham betting.
Who to bet on Cheltenham races?
Cheltenham Festival is a 4-day horse racing festival with many races. That includes Hurdle, Fences, Cross Country, and NHF, providing more than enough variety when deciding what to wager on.
How to bet on the Cheltenham Gold Cup?
Cheltenham Gold Cup is a Grade 1 National Hunt Race and one of the most prestigious races in the horse racing world. Since this is a critical race, you won’t struggle to find Cheltenham Gold Cup odds no matter which bookmaker you visit, and often, the bookies will have special offers and promotions ready for it.