Cheltenham Festival Betting Guide

The Cheltenham Festival provides punters with four days of exciting betting opportunities. The mix of race grades and formats means that punters can employ a variety of betting tactics and techniques when putting money on this event.

Our aim is help you make the most of your Cheltenham Festival betting opportunities by connecting you with all the information you need to make smart selections.

Our resources include race previews of every race in the festival , top odds on every entry in every race, the latest results from Cheltenham Racecourse and information on all the latest free bet offers offered by the United Kingdom and Ireland’s most trusted bookmakers.

Basic Cheltenham Festival Betting Tips

Create a budget: figure out beforehand how much you want to spend and bet on every race. For a four day long race meeting, flat betting is the best way to go. Place an equal stake on every selection, this prevents you from blowing your budget on a few big bets, and also prevents your losses from cancelling out your wins. Win a couple of handicaps and Grade 1s and you can easily finish the festival in the black.

Ignore the markets: the Cheltenham Festival is one of two race meetings that attracts significant interest from the general public, and uneducated punters often throw their money behind the market favourites, which forces bookies to drive down their prices to cover themselves if a favourite wins. This means that the favourites are often underpriced, especially in the handicaps where there is virtually no relationship between a horse’s price and its statistical chance of winning. Don’t blindly follow the markets and back the favourites. Do your own research and homework, and you’ll not only get better odds but will win more often.

Use free bets: there are so many free bets floating around at the moment that you can easily double your bankroll for an entire day of racing just by using free bets from big name bookies. While you should steer clear of fringe bookies, you can easily score 200 quid extra for your bankroll from the big name bookies, which you can use to cover some of your bets or hedge existing bets.

Extra places count: the Cheltenham Festival is one of a handful of events that gets bookies across the board to crack open the specials and deliver some extra value to their clients. For many races this comes in the form of extra place specials, and depending on where you go you can get up to three extra places paid on the handicaps. This can make all the difference in your each-way bets on the handicaps, and provides a far higher statistical chance of you winning the place section of your each-way punt.

Do your homework: before putting money down think your options through. Has your selection performed well over the course in similar conditions? If the horse has never raced over this distance before has it finished strongly over shorter distances? Does your selection run better when lighter or heavier, and can it handle the crowds both on and off the turf? If you take the time to answer all these questions you’ll quickly thin down the list of contenders and find yourself making better bets for every race.