How to Bet on Cheltenham
The greatest show on turf is just around the corner, and we have put together a guide on how to bet on Cheltenham to help give you the best chance of landing some profits.
How to bet on Cheltenham: Step by Step
The Cheltenham Festival is considered one of the biggest racing events in the world by many. It showcases the best racehorses from the first half of the national hunt season, which runs from 1st November 2022 until 31st October 2023.
It's the highlight in the racing calendar for all bettors, and LeoVegas is the perfect place to experience the thrills and spills of all the drama.
To sign up to LeoVegas for Cheltenham, follow these steps:
- Sign up at LeoVegas Sportsbook
- Search for Horse Racing.
- Select the race to bet on.
- Choose the betting market and place your bet.
- Check the result to see if you have won!
Cheltenham Festival Schedule
There are so many exciting events to look forward to, with each of the four days including a feature race.
They are as follows:
- Day One - The Supreme Novices' Hurdle: Will Facile Vega confirm favouritism?
- Day Two - Champion Hurdle: Can anyone beat the highly fancied Constitution Hill?
- Day Three - Champion Chase: Edwardstone and Enurgumene face up, but which will come out on top?
- Day Four - Gold Cup: Galopin Des Champs looks to write his own script in the feature race on the final day!
Cheltenham Betting Markets
There are several different Cheltenham betting markets at LeoVegas, but understanding the terminology is critical to ensuring an enjoyable experience.
Some examples include:
Ante Post
A bet is made on a future race before the runners are confirmed at the final declaration stage.
Each Way
The total stake is divided into one half for the Win Part of the bet and the other used for the Place Part. The Place Part will return winnings according to the predefined odds calculation. For example, betting on a horse $5 each way (total stake $10) at odds of 5/1 with a 1/5 pre-race definition will return $10. If it wins, you will win $40 in total.
Win bet
You are backing the horse to finish first past the post. If it wins, you will receive returns according to the odds.
Place bet
Bet on the horse to finish in the places. You will not be paid out at the winning odds if it wins.
Boxed bet
This bet involves all the horses you select in a specific race to finish in any order. To win, your horses must cross the line in first, second, and third, regardless of the order.
Trifecta
Betting on a Trifecta in a horse race means correctly predicting the first three horses' finishing order. Depending on the odds, these types of bets can return massive amounts.
Exacta
Similar to the Trifecta bet, but your job is to predict the top two finishers in the race.
Cheltenham Live Betting
Players with an account at LeoVegas can watch every horse race when they place a bet while logged in.
Cheltenham Betting Tips
We will take on the market leaders in the Supreme Novices' Hurdle at 1.30 pm on Tuesday 14th March and tip up Good Land. His trainer, Barry Connell, is very excited about his charge, which he thinks could be a Gold Cup contender in the future. He's an enticing price at 11/2*, and we will tip him up as a Win Bet option.
Several horses take our eye ahead of the 2023 Cheltenham festival. Our eyes are drawn to the County Hurdle, which takes place at 2.10 pm on Friday 17th March. It will be tough to find a winner, but if we were forced to pick one, Pembroke could be worth a second look. Trainer Dan Skelton is bullish on his chances and his charge is available at an attractive price at 9/2.
We also think Galopin Des Champs (13/8) is a deserved favourite in the Gold Cup at 3.30 pm on Friday 17th March. Despite some concerns about his staying power, he appears tailor-made for this renewal of the festival's biggest race.
Check out more Cheltenham Festival betting opportunities by clicking here.
Cheltenham Betting FAQ
How do I place a bet at Cheltenham?
Head to the LeoVegas sportsbook homepage, use the dynamic search tool function, and type in "Horse Racing". Then, navigate to the Ante Post section to find the Cheltenham Festival markets. During the festival, the racecards will be available on the Horse Racing page.
What is the safest bet in horse racing?
The safest bet in horse racing is by backing the favourite each-way, which means your horse just needs to finish in the top two, three, or four places.
What are the 4 big races at Cheltenham?
The biggest four races at Cheltenham are the Supreme Novices' Hurdle, Champion Hurdle, Champion Chase, and the Gold Cup.