Cheltenham Festival Betting Guide
The Cheltenham Festival is the premier national hunt horse racing event to take place in the UK. Every year, in the middle of March, the very best horses from the UK, Ireland and sometimes parts of Europe head over to the festival, with the chance of winning one of the biggest prizes in racing. Don’t forget to check best crypto bookies 2023 and you will get welcome bonus for you first horse race bet.
There is a lot of prestige attached to winning at Cheltenham, as either a trainer, jockey or owner. That is also passed down to punters. The racing we see at Cheltenham is the most competitive you will find in the UK, it is full of races that are either putting the very best horses against each other, have huge fields, or on many occasions, a combination of both of those.
So, if it is so difficult to find winners at Cheltenham Festival betting, how do punters be successful on what many people see as the best betting week of the years. Here are some horse betting strategy for the Cheltenham Festival races which should give you the best opportunity to make a profit, regardless of the selections you pick. We hope this Cheltenham Festival betting guide will help you.
Plan Ahead for Four Days
From a money point of view, you really need to be creating a separate Cheltenham Festival betting bank and allocating money across all four days of the meeting. You should not be looking to spend all your money on the first day or two, and you should always have something for the final day.
Cheltenham Festival have 28 races across four days with £4.5 million prize money.
In the 2001 Cheltenham Festival was cancelled due to foot and mouth disease was confirmed in a horse village. This year Cheltenham organizers confirmed that races will be, but behind closed doors and without spectators.
Cheltenham Festival is best horses in the jump racing discipline turn up to be tested on one of the toughest races that the industry has to offer.
The Gold Cup is the most valuable non-handicap chase in Britain, and offered a total prize fund of £625,000.
Tickets prices starts from £37 and up to £1,359. Tickets can be purchased on the day at each of the entrances with the exception of Gold Cup Day.
If you begin the week with no money left over for Cheltenham betting on Thursday or Friday, you will instantly find yourself in chasing mode if you have a couple of losers on the opening day. This is not how you should be approaching the meeting at all, you need a balanced approach and you need to be able to bet over four days without really thinking about if you are losing on the first day or not.
The correct plan will give you money for every day, so if you lose on the first three days, you don’t need to worry about not having anything left for the final day, and who knows, you may be able to turn things around on that day.
Stick to Single Bets
You will always find more success with your Cheltenham 2021 betting if you stick to single bets. Yes, multiples do give you the chance to win huge amounts of money, sometimes for just a small stake too. However, finding one winner at a big meeting like Cheltenham races is tough enough, let alone trying to find more than one, so multiples, while they may work in some situations, should no be used at the big meetings.
The prices on offer at the festival are usually always big, helped by the fact that we have several races that attract big fields. This means, you can place a bet in all seven races on the day, have just one winner, and still make a profit.
If you did this with a multiple bet, even those that pay you out if you have one winner, the chances are you would not make a profit. Anyone who looks back over the past few years at the Cheltenham Festival will see that big priced horses win every day of the meeting.
It is certainly possible for you to go through the festival backing just one winner each day, so four winners out of 28 races in total, and ending each day with a profit, which will obviously add up to total overall profit at the end of the week.
Follow Big Trainers In Form
The big trainers are where you will find the biggest and best horses. These are the ones who come to the fore at a meeting like Cheltenham. People pay thousands of pounds each year for their horses to be trained by one of the big names, and the reason they do that is because they want success at the big meetings like this one.
Cheltenham horse racing is where the big boys all meet each other, and where their best horses will clash. Much of their success is determined by planning and preparation, getting their horses right on the day is key to winning at the festival. While you may get away with a horse being 90% ready in a smaller race earlier in the season, if you are not 100% ready then you won’t be winning at the Cheltenham Festival.
You will have your fancies for the first two days, and stick with those, but then it is important to look back over the big trainers to see what they have done. Have they performed well, or as good as can be expected, or have their horses been running poorly?
This is not an exact science, who knows what will happen over the final two days, but you can gain a lot of information about a yard during the meeting if they are firing in winners, seeing horses run well, or seeing plenty of disappointments.
Look Back at Course and Festival Form
One of the most important aspects, when you are looking at the festival, is to consider old form. Course form is important, while festival form is even more important. You may see horses struggle all year, but know they can run well here and thrive at the festival because they love the test that Cheltenham offers.
This test cannot be found in many other areas, the Gold Cup is a prime example of this. We have many top races throughout the winter for Gold Cup contenders, but none of those offer the same test of 3m2f with an uphill finish at the end, most are 3m and on flat tracks with no hill.
For this reason, many people always say that the previous Gold Cup is the best form line going into the race, and this Cheltenham Gold Cup betting can be applied to many of the other races at the festival. It happened a year ago, but it would be foolish to dismiss the form from a previous festival.