The Cheltenham Festival is one of the biggest horseracing events on the global horseracing event calendar – it’s considered by many to be the ‘World Cup of Jumps Racing’.
This idyllic corner of the Cotswolds hosts hundreds of thousands of fans across the four-day festival. With so many of the sport’s best steeplechasers and jockeys travelling to the southwest of England, the festival creates plenty of opportunities for bettors to get involved with the markets.
If the 2022 Cheltenham Festival is the first time you plan to bet on this iconic event, read on as we explore the top tips to give you the best possible chance of finishing the four-day festival in the green.
Increase your Bankroll with Bookmaker Promotions
If you want to maximise your betting bank for the 2022 Cheltenham Festival, many of the UK’s most reputable bookmakers can help you out.
If you only have one or two accounts with bookies that you’ve used over the years, now is the ideal time to broaden your horizons. That’s because most sites will dish out free Cheltenham bets to those creating accounts for the first time. Some will give you free bets just for signing up and becoming a member, while others may hand out free bets matched to the size of your first real-money deposit.
Spread your Risk with Each-Way Bets
Many of the 28 races staged across the Cheltenham Festival feature sizeable fields of horses. We’re not just talking seven or eight, it could be double that amount.
When you factor in the large fields with Cheltenham’s gruelling racecourse – and the plentiful fences to overcome – there is plenty of risk for punters to negotiate. Not to mention the plethora of failed betting systems that you’ll encounter in the lead up to Cheltenham.
One way to spread your betting risk at Cheltenham is to bet on horses each-way. This means you’ll not only get a payout if your selection wins, but you can also receive a percentage of your profits if your horse places.
Take Advantage of ‘Best Odds Guaranteed’ Promotions
If you don’t have the time to place your bets at the Cheltenham Festival in the minutes leading up to the big races, it’s no problem. You can place your wagers for the upcoming day in the morning, just make sure you choose a bookmaker that offers ‘Best Odds Guaranteed’ on all its markets.
This gives you zero downside to your early selections. If the price falls on your selection, you’ll still get the odds available at the start of the day. However, if the price rises before the off, you’ll get the better starting price. This all adds up and gives you optimal value for your Cheltenham bets.
Look at the Past Performances of Runners at Cheltenham
It’s a good idea to get a measure of how well certain horses have raced at Cheltenham in the past. Of course, if you’re betting on a horse running at Cheltenham for the first time, it’s not possible to use past form as a guide.
Many races, however, feature regular runners at the festival. Some horses simply thrive off the Cheltenham atmosphere and the ground itself. Meanwhile, others may be well-suited on paper but lack the stamina to stay the distance.
Take Note of the Best Trainers at the Cheltenham Festival
One of the main talking points at the 2022 Cheltenham Festival will be which trainer finishes top of the pile as the most successful across the four days. It’s often a battle between Irish and English trainers. Ireland is well-represented with the likes of Gordon Elliott and Willie Mullins leading the way in recent years.
Meanwhile, English trainers Nicky Henderson and Paul Nicholls have made their mark too. Keep an eye out for these names on the form guides, as well as emerging names like Henry de Bromhead.
With so many races, there are plenty of opportunities to profit at the Cheltenham Festival. You can afford to be selective and pinpoint the best picks of each day to give yourself the best chance of ending the week as a winner.