Top Tips for Betting on the Cheltenham Festival

Top Tips for Betting on the Cheltenham Festival  The Cheltenham Festival is one of the most popular events in the horse racing calendar, and it’s no surprise that many people are looking for tips to boost their betting game. Moreover, you can also explore the best 2023 Cheltenham offers to try and find some good tips, odds and bonuses, as it will allow you to select the best platform to enhance your betting experience.

However, with the risks at stake, it’s essential to make smart bets and not get carried away. In this article, we will learn about vital betting tips to help you get the best out of your betting journey.

Top Betting Tips You Must Know

Betting can be an exciting hobby, but it is crucial to remember that it is not risk-free. To guarantee you have the best chance of winning, you must be aware of the following betting advice:

I. Do your homework

Before placing any wagers, research each bet’s odds and probable outcomes. This will assist you in making more informed wagering judgments.

II. Establish a budget

Setting and maintaining a betting budget is essential since losing track of time and money is easy if you let yourself get carried away. Before starting, choose the maximum amount of money you can tolerate losing and make sure to never surpass this amount.

III. Avoid chasing losses

If you are experiencing a losing streak, resist the temptation to continue betting to salvage your losses since this could result in even more significant losses in the long run.

IV. Take advantage of special offers

Several bookmakers provide incentives such as free bets and increased odds, which, if utilized appropriately, can give you an advantage over other bettors. Ensure that you take advantage of these opportunities whenever available!

Best Money Management Strategies while Betting

Money management is vital if you want to maintain financial security and peace of mind, especially while venturing into a risky pastime like betting. Here are some of the top money management strategies:

I. Monitor your spending

Monitoring your monthly cash flow is crucial to keeping track of your money while playing. This will enable you to identify bets where you may save or cut back more effectively.

II. Automate your savings

Automating your savings is a terrific approach to ensure you regularly allocate funds for future requirements without worrying about it each month. You can set up automated transfers from checking accounts to savings accounts or utilize applications like Acorns, which invests tiny sums of spare change from transactions into brokerage accounts over time.

This will allow you to create a budget that can be used for betting and other games.

III. Play within your means

Living within your means is essential for effective money management tactics as this guarantees that all of your monthly expenses are met by your monthly income without leaning on credit cards or other kinds of debt. Similarly, while betting, it is crucial to play within your budget to never over-exceed and fall into the debt trap.


When betting on the Cheltenham Festival, it’s essential to research and understands the horses and jockeys, and never bet more than you can afford to lose. Additionally, take advantage of any promotions or bonuses to maximize your potential winnings.

Cheltenham Betting Preview

Cheltenham Betting Preview  Bookmakers and punters up and down the country are gearing themselves up for the biggest meeting of the racing calendar – the 2023 Cheltenham Festival. The action gets underway on Tuesday, 14th March and draws to a close four days later, by which time we’ll have witnessed more history being made at the picturesque Prestbury Park.

The Cheltenham Festival is the undoubted pinnacle of National Hunt racing in the UK and many thousands are preparing to make their way to Prestbury Park for the four-day meeting which gets underway later this month. 

On each of the four days, punters can focus their minds on seven races and the leading UK bookmakers have been gearing themselves up for the big event with a vast array of price boosts, enhanced places, free bets and bonuses. 


Day One – Champion Hurdle

The feature race on Day One of the 2023 Cheltenham Festival is the Champion Hurdle, a contest which takes place over two miles and which is one of the most coveted hurdling prizes in horse racing. The 2023 renewal looks set to be centred on one particular contender, namely the Nicky Henderson star Constitution Hill. He won comfortably in last year’s Supreme Novices’ Hurdle and his excellent form has continued into the new season with two relatively effortless victories in Grade 1 company. 

We feel that the Henderson superstar will take a bit of beating in this one, however his biggest threat comes in the form of State Man, the Willie Mullins contender having beaten 2022 Champion Hurdle victor Honeysuckle in convincing fashion in the Irish Champion Hurdle last month. 


Day Two – Queen Mother Champion Chase

As a general rule, the Queen Mother Champion Chase is usually won by one of the racing superstars, recent years seeing the likes of Altior and Sprinter Sacre finish first past the post. 2022 victor Energumene will be aiming to successfully defend his crown in the 2023 renewal of the contest, however he will be facing some stiff competition from leading contender Edwardstone who won the Arkle in impressive fashion twelve months ago.

He will also need to reverse his form with Editeur Du Gite against whom he lost in the Clarence House Chase two months ago. A handful of other big name contenders include GreaneteenGentleman De Nee and Blue Lord.

Irrespective of who lines up for this contest, we are all-but-assured of a superb race featuring an abundance of stars.


Day Three – Ryanair Steeplechase

The Ryanair Steeplechase – introduced in 2005 – has become one of the most popular and eagerly-awaited races at the Cheltenham Festival and it is now a serious rival to the Stayers’ Hurdle as the highlight of Day Three, many new betting sites offering a wealth of bonuses on this and the many other key races at the Festival.

The last two renewals of this contest have been won by Allaho and while he has yet to be seen this season, he will be going all-out to complete a hat-trick of successive wins this time around. Handler Willie Mullins has been hugely successful in this race in recent years with wins in all-but-two of the last seven renewals. Should Allaho not be up for the challenge, Mullins stands another good chance of success with Blue Lord, the latter looking impressive prior to a disappointing showing at the Dublin Racing Festival.

Other notable contenders in this contest include Fury RoadShishkin and Fakin D’Oudairies, however with all-but-one of the last ten winners of the race returning at single-figure odds, we’ll be siding with the runners at the head of the market.


Day Three – Stayers’ Hurdle

The Day Three traditional highlight has long been the Stayers’ Hurdle which takes place over three miles. Here we see the smaller obstacles being used and we envisage the 2023 renewal being one of the Festival’s most open feature contests. 

Flooring Porter has triumphed in the east two renewals of this race and the eight-year-old will be looking to complete a hat-trick here, however he will be up against some strong contenders in 2023, most notably Gordon Elliott’s Teahupoowho won comfortably over the same trip two months ago. 

Other notable contenders likely to be in the line-up include Blazing KhalHome By The Lee and Klassical Dream, the latter having started as favourite in the 2022 renewal.


Day Four – The Cheltenham Gold Cup

The Gold Cup is the standout contest for the entire four-day Festival and while the other days undoubtedly boast plenty in the way of thrilling action and notable races, the whole meeting always hinges on this contest.  

The 2021 and 2022 renewals of this famous contest have been jam-packed with excitement from beginning to end and the evidence suggests that the 2023 renewal will be no different.

A Plus Tard was a convincing winner by fifteen lengths twelve months ago, stablemate Minella Indo coming in second to give handler Henry De Bromhead an impressive 1-2 in this feature. 

Galopin Des Champs heads the betting for this year’s contest, the Willie Mullins contender having looked a certain winner before falling at the last in the 2022 Turners’ Novices’ Chase. He bounced back from that disappointment by triumphing in the Boylesports Gold Cup and is deserved favourite to win the prize here.

That’s certainly not to say that he doesn’t have strong rivals in the field. 2022 winner A Plus Tard disappointed on his annual appearance in the Betfair Chase but he should nevertheless be marked down as a strong contender here. The best British hope here could be Bravemansgame following his win at Kempton in the King George VI Chase.


Best Odds and Free Bet Offers

Once you have picked your horses on each day of the 2023 Cheltenham Festival, it is important that you get the best odds available and take advantage of the numerous bonuses and promotions on offer for the Festival. All of the leading UK and Irish betting sites offer new and existing customers a wide range of free bets, enhanced places and price boosts and these can give you added value on all of the key races at this year’s meeting.

Which is the oldest of the four ‘championship’ races at the Cheltenham Festival?

Which is the oldest of the four 'championship' races at the Cheltenham Festival?  The so-called ‘championship’ races at the Cheltenham Festival, one of which forms the feature race on each of the four days, are the Champion Hurdle, Queen Mother Champion Chase, Stayers’ Hurdle and Cheltenham Gold Cup. The first two are run on the slightly sharper Old Course, while the last two are run on the New Course, which places more emphasis on stamina.

A race known as the ‘Cheltenham Gold Cup’ was first run on Cleeve Hill, overlooking the current racecourse, in 1819, long before the establishment of the Cheltenham Festival. However, that race was run over three miles on the Flat and restricted to three-year-olds. In its current guise, as a level weights steeplechase, the Cheltenham Gold Cup was not added to the Cheltenham Festival programme until 1924. Nevertheless, the Cheltenham Gold Cup pre-dates the Champion Hurdle, which was inaugurated in 1927 and, as such, is the oldest of the ‘championship’ races in their recognisable, modern form.

To avoid any confusion, a version of the Stayers’ Hurdle has been run at the Cheltenham Festival, with a few interruptions, since 1912. However, the original incarnation, the Stayers’ Selling Hurdle, ceased to be in 1938 and its successor, the Spa Hurdle, was replaced by the Stayers’ Hurdle, as we know it today, in 1972. The Queen Mother Champion Chase, too, is a relatively recent addition to the Festival programme, having been inaugurated, as the National Hunt Two-Mile Champion Chase, in 1959.


Which jockey rode Black Caviar at Royal Ascot?

Which jockey rode Black Caviar at Royal Ascot?  For the uninitiated, Black Caviar was an undefeated racehorse trained by Peter Moody in Melbourne, Australia. The daughter of champion Australian sire Bel Esprit was retired, as a six-year-old, on April 17, 2013, immediately after winning the fifteenth Group 1 race of her career, the TJ Smith Stakes at Royal Randwick Racecourse, Sydney. In so doing, she set a new Australian record for Group 1 wins and brought to a close a perfect 25-25 career, stretching back four years to April 18, 2009 at Flemington Racecourse, Melbourne.

In June, 2012, raced for the one and only time outside Australia, in the Diamond Jubilee Stakes at Royal Ascot. Defending a 21-21 record, she faced 13 rivals in the 6-furlong contest, but was nonetheless sent off at prohibitive odds of 1/6 to maintain her 100% record. She was ridden, as she had been for all but three of her previous starts, by experienced Australian jockey Luke Nolen.

Having taken the lead inside the final quarter of a mile, Black Caviar only had to be pushed along with hands and heels to take command inside the final furlong but, inexplicably, in the shadow of the winning post, Nolen stopped riding altogether. His over-confidence allowed the hard-driven Moonlight Cloud, ridden by Thierry Jarnet, to press Black Caviar, before he realised his error and started pushing along again close home.

Thankfully, for Nolen and anyone who laid the odds, Black Caviar just held on to beat Moonlight Cloud by a head with another French-trained runner, Restiadargent, just a neck further back in third place. Nolen accepted the blame for his narrow escape, saying, ‘I probably just underestimated the testing track at Ascot’, but adding that he had ‘got away it’. Moody echoed the latter sentiment, but defended Black Caviar, saying, ‘You only have to win by a quarter of an inch. She got the job done.’

Three Common Mistakes to Avoid When Betting on Horses

Three Common Mistakes to Avoid When Betting on Horses  Horse race betting is an age-old pastime, but even in 2023, we see millions of people around the world thoroughly enjoying the thrill it brings. With Cheltenham just around the corner and the Grand National following closely, it’s important to brush up on the betting prowess and see if you can still fare well in the current horse race betting landscape. Despite all the joy that horse race betting brings, many common mistakes may cause frustration when yet another bet of yours fails to deliver.

To avoid draining your bankroll, have a look at some of the most common mistakes that both newcomers and seasoned bettors make when indulging in wagering on horse races. It is important to avoid these to make the most of your horse betting experience.

Mistake 1: Over-Reliance on One Market

One common error horse betting enthusiasts make is over-reliance on one betting market. Focusing solely on one market can lead to missing out on profitable bets in other areas. To maximize your odds of success, it’s essential to research different markets and identify those which offer you the greatest opportunities for winning.

By selecting multiple betting markets, you can increase your chances of finding lucrative bets and spread out any potential losses. Furthermore, selecting multiple markets allows for better control over your risks and minimizes the impact of potential losses.

Remember that you don’t necessarily have to bet on the winner of a given race. Some smart choices include place markets which may involve a horse finishing within top-3 as well as each-way bets which are essentially two bets combined — one on the place and one on the win. This way, you can lower your risk without reducing your profit. Each market has its unique features and strategies, making it essential to understand them thoroughly before placing any bets.

Mistake 2: Neglecting the Odds

While odds are arguably the first parameter that any bettor considers, it often happens that even an experienced player chooses sub-optimal odds for a race. It is crucial to pay attention to the odds and not neglect them when placing bets.

To make informed betting decisions, look at odds from multiple sources. Compare the odds across different websites to find the best value. A well-rounded platform like is fine for checking the available promotions as well as reading up the reviews and insights on UK bookies. Additionally, it’s essential to keep an eye on odds fluctuations leading up to the race as they may change based on new information or changes in weather conditions.

Mistake 3: Not Doing Your Research

No one can predict the outcome 100% sure, but if past records and current circumstances are taken into account, unwanted surprises can be more than avoided. Moreover, learning more about the current terrain of horse race betting may be fun. For example, Sky Sports’ racing coverage can provide a wide array of interesting tidbits about the current horse racing events as well as point out who you should keep track of.

The more seasoned you become as a player, the easier it is for you to evaluate a given horse or jockey. Still, even betting veterans should keep in touch with the current scene. Professional betting tips are not to be underestimated, either. These can provide you with plenty of expert-backed options that have a decent chance of succeeding. Find out which horses will be competing, explore their past records, and pick the favourite to win.

By following these tips and strategies, you can maximize your horse betting experience and boost your chances of long-term success. So go ahead — apply these tactics and let your betting journey take you to new heights! Good luck and happy betting!

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