With millions of people tuning in, Cheltenham betting is one of the most attractive events for both first-timers and betting regulars. Horse racing has always attracted a large volume of bettors.
With a major event like the Cheltenham Festival fast approaching, it’s the perfect time to go through the Cheltenham betting offers and tips.
One of the first things you should do when you decide to start betting on Cheltenham is go through the Cheltenham Betting offers. You can expect the major bookmakers like Unibet, Paddy Power and William Hill to have the Cheltenham listed in the ante-post section.
You should be careful about betting too early, though. Even though the ante-post odds are attractive, horse racing is unpredictable, so your selection might not even end up running.
To ensure you lessen the risk, look for the operators with “non runner no bet” Cheltenham betting offers.
As we move closer to the tournament and the event moves from the ante-post section, we’ll see other types of Cheltenham Betting types. In the next section, we’ll go through some of the most common types of bets you can expect.
Futures or ante-post bets are the ones available months in advance to the event. Like we’ve already said, they usually come with excellent odds, but are the riskiest.
As you might infer from the name when you bet on a win, you bet on a horse you expect to win the race.
With each-way bets, you bet that a horse will either win or take one of the top 4 spots. This will lower the odds, give you a much greater chance at a return.
Finally, with place bets, you are betting that the horse will finish either first or second.
Although there are 28 races in total at the Cheltenham Festival, Cheltenham Gold Cup is by far the most prestigious one. Cheltenham Gold Cup betting gathers bettors from all around the globe and the race itself is one of the top events in the racing calendar.
The race has such a following that many equate Betting on Cheltenham with Gold Cup Betting.
Apart from the Cheltenham betting types we have listed, you can also try your hand at totepools. Totepool bets don’t have fixed odds and are very popular in horse racing.
Bettors place bets towards a common pot. The winnings are determined by the size of the pot (minus the operator’s cut) and they can grow to sizable amounts.
Placepots can get quite a bit more complicated. You have to make a selection of six horses which will place in the first six races of the event.
Every event will have its own placepot which will prescribe the exact betting rules. Since all the bets go into a pool, the payouts can be massive, but this is not the type of bet we would recommend to beginners.
If you want to be successful at betting on Cheltenham, finding reliable tips should be your part of your research. Your best course of action is to look for expert analyses of the participating horses.
There are tipster websites and communities where you can find useful advice and insights. You should pay special attention to the runners’ past performance, and see which types of races are their strong suit. Websites like cheltenham-betting-offers.co.uk can also be useful to help you make the best bets.
As horse racing depends on a lot of different factors, the odds can change frequently. Furthermore, online sportsbooks can offer odds which differ significantly from one another. You will generally find the highest odds in futures.
However, unless you are armed with plenty of knowledge, we would advise you to wait until the official lineup is established. This way you’ll have concrete information to work with and make an informed bet.
The top question that’s on every punter’s mind when it comes to Cheltenham betting is: Who are the favourites? When talking about the centrepiece of the Cheltenham Festival, the Gold Cup, Native River is so far considered to be the top contender.
Might Bite, so far, follows as a close second, although poor performance in the Betfair Chase and King George raises some concerns.
Since Cheltenham festival is one of the best-known horse racing events, the viewership numbers measure into millions. In the UK, ITV1 and Racing TV hold the rights to the live broadcast. They will cover each day of the festival and provide detailed analyses of each race.
Additionally, if you plan to get in on the Cheltenham Betting action, multiple online betting operators will offer live streams of the event. Just have in mind that there might be certain conditions you will have to fulfil before you get the access.
The Cheltenham Festival has had a long history. The first one was held back in 1860 when it was known as the Grand National Hunt Meeting. Up until 2005, the festival had been held over three days. Since then, the fourth day was introduced. In the years that followed the number of races grew to 28, where it is at present.
The Gold Cup is the most anticipated event. It is the event that brings in the biggest number of horse racing lovers.
For any additional questions, we have prepared an FAQ section below.
Although it is still difficult to say, Native River has so far proven to be the top contender.
Most major bookmakers are paying 4 places at Cheltenham.
Native River is the top favourite for Cheltenham Gold Cup.
Al Boum Photo won the last Gold Cup at Cheltenham.
The 2019 Gold Cup winner was Al Boum Photo.
The Cheltenham Gold Cup is the most prestigious race ran during the Cheltenham Festival. It is a Grade 1 National Hunt race.