Cheltenham Betting Odds, Tips & Predictions

The Cheltenham Festival, named after the town in Gloucestershire where it originated, was launched in the early 1990s. While officially established in the 20th century, horse racing competitions in the area date back almost 200 years. Today, it has become one of the most renowned and esteemed horse racing betting events worldwide, boasting a large and devoted fan base. If you're looking for the top Cheltenham betting sites, we have done the research and testing to identify the best ones with the most favourable Cheltenham betting offers according to our criteria and experience. We want you to be very prepared against the races which happen this year from the 14th till the 17th of March, 2023.

Cheltenham Betting Odds (2023)

When comparing bookmakers and their odds, it's important to consider not only the prices, but also the range of markets, promotions, and bonuses they offer. By doing your research, you can find the best betting experience for the Cheltenham Festival and increase your chances of winning big.

In the tables below, you will find the Cheltenham Festival betting odds that the best betting sites available to Irish punters are offering for some of the biggest races. It is always a wise move to compare the odds that different bookmakers are offering since it is within your interest to bet with the highest odds since this will lead to a higher profit if you manage to land a winning bet.

▶ Cheltenham Gold Cup Odds

Runner
Galopin Des Champs	2.60	2.62	2.63	TBA	2.75	2.50
Bravemansgame	7.00	7.00	7.50	TBA	7.50	7.50
A Plus Tard	7.50	7.50	8.50	TBA	9.00	8.00
Noble Yeats	9.00	9.00	9.00	TBA	9.00	9.00
Stattler	10.00	10.00	9.00	TBA	9.00	9.00
Conflated	13.00	13.00	13.00	TBA	13.00	11.00
Protektorat	13.00	13.00	13.00	TBA	13.00	15.00
Ahoy Senor	15.00	15.00	15.00	TBA	17.00	13.00
Minella Indo	21.00	21.00	21.00	TBA	21.00	21.00
Sounds Russian	21.00	21.00	21.00	TBA	21.00	21.00
Hewick	21.00	21.00	21.00	TBA	26.00	21.00
Royale Pagaille	41.00	41.00	41.00	TBA	34.00	24.00
Eldorado Allen	101.00	101.00	67.00	TBA	101.00	101.00

▶ The Champions Chase Odds

Runner
Edwardstone	2.50	2.50	2.50	TBA	2.50	2.38
Energumene	2.60	2.62	2.63	TBA	2.63	2.50
Editeur Du Gite	5.50	5.50	5.50	TBA	5.50	5.50
Nube Negra	19.00	17.00	17.00	TBA	19.00	17.00
Greaneteen	19.00	23.00	23.00	TBA	23.00	23.00
Funambule Sivola	34.00	34.00	34.00	TBA	34.00	34.00
Captain Guiness	41.00	34.00	41.00	TBA	41.00	34.00

▶ The Champions Hurdle Odds

Runner
Constitution Hill	1.33	1.36	1.36	TBA	1.34	1.36
State Man	4.30	4.33	4.33	TBA	4.35	4.33
Vauban	17.00	15.00	17.00	TBA	17.00	17.00
I Like To Move It	21.00	21.00	17.00	TBA	21.00	23.00
Zanahiyr	67.00	51.00	81.00	TBA	81.00	67.00
Not So Sleepy	101.00	126.00	126.00	TBA	101.00	151.00
Jason The Militant	151.00	151.00	151.00	TBA	151.00	151.00

▶ Ryanair Chase Odds

Runner
Shishkin	TBA	1.73	1.67	TBA	1.67	1.73
Blue Lord	TBA	5.50	6.00	TBA	6.00	6.00
Conflated	TBA	6.50	6.00	TBA	6.50	5.00
Janidil	TBA	8.00	7.50	TBA	6.50	7.50
Fury Road	TBA	8.00	9.00	TBA	9.00	8.00
Envoi Allen	TBA	11.00	11.00	TBA	12.00	11.00
French Dynamite	TBA	17.00	17.00	TBA	17.00	15.00
Ga Law	TBA	17.00	17.00	TBA	17.00	15.00
Hitman	TBA	23.00	23.00	TBA	17.00	21.00
Chacun Pour Soi	TBA	21.00	26.00	TBA	34.00	26.00
Millers Bank	TBA	67.00	67.00	TBA	67.00	67.00

▶ Stayers Hurdle Odds

Runner
Blazing Khal	3.50	3.50	4.00	TBA	4.00	4.00
Teahupoo	5.00	4.50	4.50	TBA	4.50	4.50
Flooring Porter	7.00	7.00	6.00	TBA	6.00	6.00
Home By The Lee	6.00	6.00	6.00	TBA	6.50	6.00
Klassical Dream	10.00	12.00	11.00	TBA	8.00	11.00
Gold Tweet	13.00	TBA	12.00	TBA	13.00	9.00
Paisley Park	15.00	15.00	15.00	TBA	15.00	13.00
Ashdale Bob	15.00	15.00	17.00	TBA	15.00	17.00
Dashel Drasher	21.00	21.00	26.00	TBA	21.00	26.00
Sharjah	17.00	23.00	26.00	TBA	26.00	21.00
Henri Le Farceur	21.00	TBA	21.00	TBA	26.00	21.00
Asterion Forlonge	21.00	21.00	21.00	TBA	34.00	67.00
Sire Du Berlais	51.00	51.00	81.00	TBA	67.00	51.00

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🔍 The Best Betting Sites for Cheltenham

With regard to the best betting sites for Cheltenham, there are, like we mentioned earlier, many bookmakers available to Irish punters, but below we shall take a close look at six that, in our opinion, beat the rest.

1️⃣ Palm Slots

Are you feeling patriotic and searching for a top Irish-based sportsbook that you can use to bet on your favourite sports such as horse racing? If you answered yes to this question, then you need to take a closer look at PalmSlots Sports. As you can probably guess from its name, it is also a great site for those who like to play online casino games.

Nowadays, betting sites have to stand out because the market is extremely competitive, and one way that PalmSlots attracts Irish punters is by offering a Top Welcome Bonus. If you decide to register with this site, then your first deposit will be matched 100% to the tune of €100. In order to claim the bonus, you will have to use the promo code "PALMBET100". If you use the promotional code "25FREE", then there is also a €25 free bet on offer. With these types of bonuses, you can try to get your Cheltenham ante post betting off to a great start.

Furthermore, Palm Slots offer a variety of deposit and withdrawal methods that include Skrill, Neteller, MuchBetter, and VISA. They also offer their punters a really good customer support team, while they have made sure that their punters can place horse racing bets wherever they are thanks to their desktop site being 100% mobile compatible.

2️⃣ Betway

Even if you are pretty new to the world of sports gambling, we are pretty sure that you have already heard plenty of positive things about Betway. They started their journey back in 2006 and they have since gone on to become a sportsbook that is respected all over the globe. If you decide to register with Betway to bet on big racing events such as the Cheltenham festival, then your first bet is insured as your stake will be returned in a free bet, up to the value of €50, if it loses. When it comes to their Cheltenham ante-post 2023 offers, they will not leave you wanting more.

When it comes to their customer support service, mobile betting options, responsible gambling measures, and variety of banking methods, you will not be disappointed by their offerings. Overall, no matter what sport you are gambling on, they are certainly one of the best bookies available for you to register with.

3️⃣ BoyleSports

If Palm Slots is not an Irish-based sportsbook that you want you to register with, then maybe BoyleSports, another bookmaker based in Ireland, is one that will take your fancy more. Those who opt to register with this sports betting site will receive a €50 free bet after they have made a qualifying bet of at least €10. In addition to this, they also offer plenty of betting deals for Cheltenham and other big racing events, so make sure to regularly check their promotions page.

When you are betting on the 2023 Cheltenham Festival at BoyleSports, you will find a good variety of markets and competitive odds that you can try and take advantage of. To put the icing on the cake, you will not have any complaints when it comes to their in-play betting options, their customer support, variety of payment methods, or mobile gambling options.

4️⃣ Luckster

If BoyleSports and Palm Slots do not appeal to you, but you still want to register with an Irish-based bookmaker, then maybe it will be third time lucky with Luckster, another bookmaker located in the Emerald Isle. Although it only came into being in 2022, it has already become very popular among Irish sports bettors. One of the things that makes them attractive to the Irish public is the fact that they offer a 100% match bonus up to €100.

When it comes to Cheltenham betting offers, you should not end up disappointed by what they have available since they have a nice variety of markets and always offer competitive odds. Despite being a new sportsbook, they know the importance of offer quality customer support, a top mobile gambling experience, a strong live betting platform, and a variety of banking methods.

5️⃣ LeoVegas

LeoVegas is a sportsbook and online casino that is situated in Sweden, but they never have any problem with accepting Irish players. A few years back the were named the "Sports Betting Operator of the Year", which highlights just how good they are. We enjoy it when a sports betting site offers its punters something unique, and LeoVegas offers a pretty unique welcome offer - if you decide to register with them, then you will receive two profit boosts which will give you the opportunity to win up to €200 if you manage to make a winning wager.

With regard to their deposit and withdrawal methods, you will encounter all of the top options such as Trustly, VISA, Paysafecard, MasterCard, and Skrill. Additionally, they have one of the best betting apps for Cheltenham, so if you register with them, you can have a quality 2023 Cheltenham Festival betting experience no matter where you are.

6️⃣ Unibet

Unibet, like LeoVegas, is also based in Sweden, and it has been around for a quarter of a century. Some sportsbooks age like a fine wine, and Unibet is definitely a sportsbook that fits into this category. They are well known for providing their punters with top odds, no matter the sport, so any winning bets that you make are sure to come with a lovely profit.

Those who opt to register with this sportsbook will see their first deposit matched 100% up to the value of €50, meaning that if you sign up just before the 2023 Cheltenham Festival that you can place some low-risk bets. Making a deposit or requesting a withdrawal is simple since they have teamed up with all the best banking methods, while betting on your favourite sports wherever you are is simple thanks to their top mobile app and fully mobile compatible desktop site.

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🏆 Best Cheltenham Betting Sites by Category

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📊 Predictions for the Cheltenham Festival 2023

⭐ Cheltenham Betting Markets

We will take a closer look at the iteration for this year's Cheltenham Festival a little later on in our guide, but in this section we are going to look at some of the most popular betting markets.

▶ Win

If you have already bet on any other competitive sport, whether it is football, cricket, boxing, or golf, you should already be quite familiar with this market. You are simply putting your money on the horse that you think will win the race by coming in first. Obviously, it is harder to predict the winner in horse racing due to the number of runners, but this is something that will be reflected in the odds on offer.

▶ Each-Way

Since horse racing is a sport that has more possible winners that most other sports, each-way betting is something that has become very popular. With this type of market, your chosen horse can finish somewhere other than first - often second or third - and you will still make some money. However, something to keep in mind with such a bet is that since you are basically placing a bet on your horse to win and a bet on them to place, your stake will be double.

▶ Trifecta Bet

This is a popular market among experienced horse racing bettors, and it requires you to choose the first three finishers of a race in the exact finishing order. It has become popular due to the fact that big profit margins are on offer to those who manage to place a correct trifecta bet. Obviously, you should keep in mind that such a bet is very hard to get right since you will need everything to go in your favour.

▶ Exacta Bet

An exacta bet is a bit easier than a trifecta bet since you need to guess the two horses that will finish first and second in that exact order. If you get the horses correct, but the one you said would finish first comes in second, it is a good effort, but still not good enough for you to win some money.

▶Lucky 15

A Lucky 15 bet is 15 wagers that have an equal value in four separate events. In includes 4 singles, 6 doubles, 4 trebles, and a 4-fold accy. If one of your selections come in, you will receive some type of return, and your profit margin will increase the more correct results you land.

🏁 Cheltenham Races History

In this section of our guide, we shall take a closer at the key races at the Cheltenham Festival by checking out their recent history and the ante-post odds that were on offer for the eventual winner.

▶ The Gold Cup

We will begin with the Gold Cup, which is one of the biggest and most prestigious races at the Cheltenham Festival as it comes with a huge prize pot of £625,000. The Grand National is the only race out there that has a higher prize fund - £1 million in total.

The Grade 1 National Hunt race is run on the New Course at Cheltenham and is 3 miles and 2 1/2 furlongs. Its history can be traced back to July of 1819, which is when the first Gold Cup was run. Fanatic horse racing fans will know that the most successful horse in the history of this race is Golden Miller - he won Gold Cups in a row between 1932 and 1936. Arkle came close to matching this as he won three in a row when he was ridden by Pat Taafe in 1964, 1965, and 1966.

Recently, it has been interesting to note that ante-post favourites have not often gone on to win the Cheltenham Gold Cup. Out of the previous 12 races, the favourites have gone on to win on just five occasions - A Plus Tard won it as the 3/1 favourite in 2022. This is something that you should keep in mind when you are placing bets on the 2023 Cheltenham Gold Cup outright winner.

▶ The Champion Chase

The Champion Chase is a Grade 1 National Hunt race that is open to horses that are five years or older. This race, which has a total prize pot of £400,000, is run at Cheltenham's Old Course over a distance of 1 mile, 7 furlongs, and 199 yards, and there are 13 fences that need to be jumped.

This race came into being in 1959, and it was originally known as the National Hunt Two-Mile Champion Chase. It received its current name in 1980, which was the Queen Mother's 80th birthday - she was a huge supporter of jump racing and even owned her own National Hunt horses. Betway have been the main sponsors of this race since 2015.

The most successful horse in this race is Badsworth Boy as he won it in 1983, 1984, and 1985, while the most successful jockeys are Pat Taaffe and Barry Geraghty as both managed to pick up five wins apiece. This is actually another race where the favourites do not win as often as you would think - from the previous 12 races, only four of the winners were favourites. Also, out of the last 12 winners, 10 of them have been between the ages of 7 and 9, while all 12 winners had earned at least 1 Grade 1 victory. These are all things to keep in mind when you are thinking about betting on this race.

▶ The Champion Hurdle

This Grade 1 Nation Hunt race is open to horses that are four years or older. It takes place at the Old Course and covers a distance of around 2 miles and 87 yards with a total of eight hurdles needing to be jumped. This is the final race in the Triple Crown of Hurdling, and it takes place on the opening day of the Cheltenham Festival.

The first Champion Hurdle took place in 1927 and its first ever winner, Blaris, won prize money totalling £365. For comparison’s sake, the winner of the 2023 Champion Hurdle will walk away with a little more than £250,000. In 1931, the race was abandoned due to frost, while the following year only three horses took part. It also did not take place in 1943 and 1944 due to the war.

There are five horses that have managed to win this race three times and these are Hatton's Grace (1949, 1950, and 1951), Sir Ken (1952, 1953, and 1954), Persian War (1968, 1969, and 1970), See You Then (1985, 1986, and 1987), and Istabraq (1998, 1999, and 2000). The most successful jockeys for this race are Tim Molony, Ruby Walsh, and Barry Geraghty as they have won it on four occasions. The leading trainer for the Champion Hurdle is Nicky Henderson who has 8 wins under his belt, with his last winner being Epatante in 2020.

This seems to be one of those races where the favourite tends to come out on top as can be seen from the fact that 8 of the previous 12 winners started as favourites. Other useful stats to keep in mind when betting on this race include the fact that 10 of the last 12 winners were aged 6, 7, or 8, while 11 of the last 12 victors had run at least two races that season.

▶ Ryanair Chase

This Grade 1 National Hunt steeplechase race is open to horses that are at least five years old. It takes place on Cheltenham's New Course and there are 17 jumps to navigate over a total distance of 2 miles, 4 furlongs, and 127 yards. This was one of the new races that was added when a fourth day was introduced to the festival in 2005. As you can tell from its name, it is currently sponsored by Ryanair.

Only two horses have won this race more than once and these are Albertas Run (2010 and 2011) and Allaho (2021 and 2022). The leading jockey is Ruby Walsh as he has won it four times to date (2005 with Thisthatandtother, 2007 with Taranis, 2016 with Vautour, and 2017 with Un De Sceaux). The leading trainer is Willie Mullins as he has trained five of the previous winners.

Do the favourites usually go on to win this race? Well, it has been 50/50 in the previous 12 races, with six of the winners being the favourites at the start of the race. Some other stats that you should keep in mind when you are doing a spot of horse racing betting include that all of the previous 12 winners have run at least four times over hurdles, while 11 of them had at least one win in a Grade 1-3 race.

▶ Stayers' Hurdle

The Stayers' Hurdle is a National Hunt Hurdle race that is ranked as a Grade 1 race. It is open to horses that are four years or above, and takes place at the New Course over a distance of 2 miles, 7 furlongs, and 213 yards. There are a total of 12 hurdles that the runners are required to navigate in order to complete the race.

The very first edition of this race was run back in 1912 at Prestbury Park with the winner picking up a cheque for £100. To put this into perspective, whoever goes on to win the 2023 edition of this race will go on to win a little over £180,000. The most successful horse in this race is Big Buck's as he won four races consecutively between 2009 and 2012. Ruby Walsh was his jockey in these four wins and he also won it with Nichols Canyon in 2017, giving him the title of leading jockey. What about the leading trainer? Well, that accolade goes to Paul Nicholls as he was Big Buck's trainer when he won in 2009, 2010, 2011, and 2012.

Do the favourites usually go on to win this race? The answer to this question is no because out of the previous 12 races, the favourites at the start of the race have won only four times. Other stats that we recommend you keep in mind include that the 10 of the previous 12 winners were aged between 6-8, 11 of the previous 12 inners had run at least once at Cheltenham, and 9 of the previous 12 winners had at least one Grade 1 win under their belt.

✔️ 2023 Cheltenham Festival Betting Tips

At BetInIreland, our team of experts have plenty of knowledge when it comes to betting on big horse racing events such as the Cheltenham Festival. Therefore, in this section, we would like to provide you with some Cheltenham betting tips 2023 that you should make use of when you are placing bets on this meeting, or any other horse racing event.

Now, we are obviously not forcing you to make use of these Cheltenham betting tips, but if your betting strategy is to just jump right in and place a bet that relies solely on luck, then you are going to end up with more losing bets than winning ones.

▶ Don't Only Bet on the Favourite

Horse racing is really popular due to how unpredictable it is, and the favourite usually only wins around 30% of the time. So, if you bet on all the favourites at a festival, you will most likely find yourself out of pocket. The secret is to not look for the horse that is probably going to win, but to look for the one that offers you the most betting value. In order to find value, you have to know the selections and do plenty of research. Knowledge, at the end of the day, is power.

▶Consider each-way bets

Each-way betting can be a good way to increase your chances of winning, especially if you're not sure which horse will win the race. With each-way betting, you're essentially placing two bets: one for the horse to win and one for the horse to place (usually in the top 3 or 4).

▶ Know the Surface

Just like some tennis players prefer to play on clay as opposed to grass, or a footballer might not like playing on a wet and windy night in Stoke, horses have their preferred running surfaces. The dry courses, which are called firm, will be the quickest ones and will suit those daintier horses, while horses that hit the ground hard will enjoy a softer course as they can get more grip on the ground.

The weather can have a significant impact on the Cheltenham Festival, especially with regard to the ground conditions. Be sure to check the weather forecast and the going reports before placing your bets.

So, when you are thinking about betting on a horse, have a good look at the surface that the race will be run on. Previous form on a particular surface is definitely something that is worth checking out, so don't go and back a horse without checking out their preferred surfaces and how they have run on that surface in the past.

▶ Know the Jockey

Just like horses have their preferred locations, so do jockeys. For instance, Ruby Walsh has had plenty of success at Cheltenham in recent years, while the likes of Ryan Moore is the jockey to beat when it comes do Ascot. Why do some jockeys do so well at certain race tracks? Well, jockeys have different skillsets and will be better suited to particular courses, while the best trainers will likely be paired with the best horses.

So, before you go ahead and put any money on a horse in a race, you should check out the form of their jockey and if they have been performing poorly as of late and do not have a very good record at the venue where the race will take place, then we recommend that you do not put your hard-earned money on it.

▶ Know the Trainer

Many novice punters think that the trainer is not important, but this could not be further from the truth. Trainers will have different records on various tracks and will be better at preparing horses for certain courses and those trainers that have had winners on a track before will know what it takes to create more winners. As a sort of rule, you can tell a dominant trainer at a course by the fact that they will likely be fielding multiple horses.

So, this is another thing that you need to take a look at before you jump in and place a bet on a race at a big horse racing event such as the 2023 Cheltenham Festival.

▶ Look at Previous Winners

Some horses just seem to know how to win a particular race. For instance, if you look at the Champions Hurdle history, you will see that five horses – Hatton’s Grace, Sir Ken, Persian War, See You Then, and Istabraq – all won this race three times. So pay attention to the recent form of the horses. A horse that has been consistently performing well in recent races is more likely to do well at the Cheltenham Festival. However, what is remarkable here is that they all picked up their wins in a row. Honeysuckle won this race in 2021 and 2022, so history could be about to repeat itself. Looking at previous winning patterns is something that we highly recommend you do.

Remember, betting on the Cheltenham Festival can be exciting and rewarding, but it's important to approach it with caution and make informed decisions. By following these tips and doing your research, you can increase your chances of success and enjoy the thrill of the festival.

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N.B. There is a chance that the bonuses that you just saw in the table above are no longer on offer if you decide to open an account with any of the above sportsbooks. Why is this? Well, it is because sports betting sites are regularly changing their bonuses in order to stick out from the crowd and to make sure that they stay one step ahead of their rivals. If you find a different bonus, we apologise for any inconvenience that it might cause, but we are quite sure that the replacement offer will be as good or even better.

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🐎 Cheltenham Ante Post Betting

If you are new to horse racing or greyhound racing, then there is a good chance that you do not know what an ante-post bet is. If this is the case, do not worry because we are going to explain exactly what it is right now.

An ante-post bet is a wager that you make before the races' betting markets have opened, and such a wager is placed on the expectation that the odds for a horse or greyhound will be more favourable at this point than when the markets open. Usually, this includes any wagers that are placed the day before the race. While punters make use of ante-post betting in order to try and get more favourable odds that will lead to a bigger profit with a winning bet, there is also a disadvantage to it. Unlike with start price betting, ante-post betting has the extra risk that your original wager will be forfeited and not returned if the horse you wager on does not run.

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📆 Cheltenham Race Schedule

While the Cheltenham Festival is the biggest racing event that takes place at the Cheltenham racecourse, it is just one of eight racing events that are scheduled to be run at this venue over the course of a year. In the following table, you can find the different meetings taking place at Cheltenham in 2023, alongside their dates and some standout races that punters love to place bets on.

🏁 Cheltenham Festival History

The modern-day Cheltenham Festival is one of the most popular and prestigious of its type anywhere in the world, with 28 stellar races (including 14 Grade 1 events) run over the course of four action-packed days.

While millions are now gambled as 70,000 enthralled spectators pack into the venue every March, however, the festival was a much smaller and low-key event when it originated back in 1860. At this time, the National Hunt Chase was first held at Market Harborough, taking place at several locations as it shifted across the country.

By the turn of the 20^th century, it was most frequently held at Warwick Racecourse, before Cheltenham's Prestbury Park hosted the meeting in 1904 and 1905. It moved there permanently in 2011, and has remained at the same iconic venue ever since!

By 2005, the festival had been extended to cover four days, thanks to the addition of several new races. Organisers have continued to add Grade II races to the meeting since, including the aforementioned and highly popular Golden Miller Novices' Chase.

❓ Frequently Asked Questions About All-Ireland Football Betting