Cheltenham Festival Betting Odds

The horse racing community is gearing up for one of the biggest events of the National Hunt season in March. Yes, it’s the one and only Cheltenham Festival – a highlight of the racing calendar.

And when it comes to Cheltenham Festival betting, our expert team at Grosvenor Sport are at your service. They’ll offer you our astute Cheltenham betting tips and the best-priced punts for the most anticipated races across the four days – with the Cheltenham Gold Cup betting topping the bill on Friday 17th March 2023.

Although the Cheltenham Gold Cup odds naturally attract the most attention, Grosvenor Sport has the latest Cheltenham Festival odds for the supporting cast of races too, including the Champion Hurdle, Queen Mother Champion Chase, and the opening event of the festival; the Supreme Novices’ Hurdle.

Cheltenham Festival 2023 Races 

For the 2023 Cheltenham Festival, you’ll find the full range of betting markets and odds right here at Grosvenor Sport. But which races can you bet on during the Cheltenham Festival? 

The big one of course is the Cheltenham Gold Cup. Run on the Friday – the final day of the festival – the Gold Cup is one of the most famous races in the global horse racing calendar. When the horses start at 3.30pm on Friday 17th March, the eyes of the racing world will be glued to this famous course. In 2022, the Gold Cup was won by the 3-1 favourite A Plus Tard, ridden by Rachael Blackmore and trained by Henry de Bromhead. It marked a consecutive win for De Bromhead, following the triumph of Minella Indo the year before. In the previous two races, it was a famous double for jockey Paul Townend as he rode Al Boum Photo to victory in 2019 and 2020. 

And what about this year’s race? The clear favourite for the 2023 Gold Cup is Galopin Des Champs. If you fancy a flutter, remember that the favourite has won five of the last 12 Gold Cups, including last year. 

But the Cheltenham Festival isn’t just about the Gold Cup. Horse racing fans will be flocking to this famous horse racing ground in the Cotswolds to watch the likes of the Champion Hurdle, Supreme Novices’ Hurdle, Stayers’ Hurdle, the Queen Mother Champion Chase, and the Champion Bumper. 

Cheltenham Festival Daily Breakdown 

The four-day racing festival runs from Tuesday 14th to Friday 17th March 2023, concluding with one of the most popular horseraces, the Cheltenham Gold Cup, on Friday. The festival takes place at the Cheltenham racecourse in Gloucestershire, a world-renowned course. 

There are 28 races across the Cheltenham Festival that promise plenty of racing action and opportunities for Cheltenham Festival betting even if you have to catch all the races from the comfort of your living room.

You can catch up with your ante-post betting on the 2023 Cheltenham Festival by checking our latest Cheltenham Festival betting odds. And feel free to go for multiple bets – just remember to use our smart bet calculator to total your wagers and show your potential wins.

From the opening race (the Supreme Novices’ Hurdle) to the Gold Cup on the final day of the festival, you can see the breakdown of races across each day of Cheltenham below:

What types of betting markets are available at Grosvenor Casinos? 

At Grosvenor Casinos, we bring you a fantastic horse racing betting experience for the Cheltenham Festival. You can take your pick from the full range of Cheltenham Festival betting markets on our site. These include win only, each way bets, a bet to place, and you can even make a bet for a race without the favourite. 

But when it comes to our Cheltenham Festival betting, our punters truly love to place a wager on the simplest of bets – which horse they think will win or place. And this is especially true for Cheltenham Gold Cup betting. So, what do you need to know before you place your bet? 

If you place a single bet on a horse to win, you’ll only collect your winnings if that horse finishes first past the post. Backing a horse each way, means that you’re betting on it to either win or place (i.e. finish in the top positions). This gives you more chance of winning, but remember that an each way bet is actually two bets – one to win and one to place. That means your stake is doubled, but if your horse does finish first then both your bets will come in. 

And with 28 races being run right across the four days of racing action, it’s no surprise that our horse racing accumulators are very popular bets for Cheltenham. The more races you bet on, the higher your potential winnings, but the greater the odds. So, the question is do you want to put your horse racing knowledge to the test with a Cheltenham Acca? 

At Grosvenor Casinos you can also make ante-post bets on all the Cheltenham Festival races. So, what’s an ante-post bet? In horse racing, this type of bet is placed before the runners are confirmed for the final race. With an ante-post bet you will lose your stake if your horse doesn’t run in the race, but the rewards are often greater because of this. Ante-post bets are always popular for prestigious meetings like the Cheltenham Festival and the Grand National. 

You can see the full range of Cheltenham Festival betting markets with Grosvenor Casinos right here on this page. 

How can I increase my chances of winning when betting on the Cheltenham Festival?

Successful betting on horse racing is all about arming yourself with as much knowledge as possible. You might think that betting on the favourite is the best way to go, but the favourite doesn’t always win. A Plus Tard was the favourite for the Gold Cup in 2022 and did win the race, and whilst there have been five Gold Cup favourites to win in the last 12 years that’s still seven races in that time where the favourite didn’t win. 

Of course, the odds do give you a guide on your chances of winning but nothing is ever guaranteed. You should gather as much information as you can about your chosen horse and their form in the last few races they’ve run as well as their most recent races at Cheltenham. Other factors to look at include both the trainer and jockey of each horse and whether they’ve had previous success in the specific race or at the festival itself.

And it never harms your betting strategy to listen to the experts when you need to – for that you should make your way over to our blog for our expert betting tips in the lead up to the big races at the 2023 Cheltenham Festival. 

Bet on the Cheltenham Festival with Grosvenor Casinos 

Don’t miss the action of the 2023 Cheltenham Festival. The crowds will be cheering on the runners and riders for each race, and you’ll feel the energy of the legendary Cheltenham Roar live at your local Grosvenor Casino and online casino alike. So, why not pick your favourite and have a cheeky punt on Cheltenham this year?

As well as offering Cheltenham Festival betting markets and Cheltenham Festival odds, we also offer great prices on horse racing betting meetings from the rest of the UK, Ireland, and around the world. This includes ante-post racing betting on the Grand National and all the other flat season classics.

Looking for some Cheltenham Festival tips or are you a first-timer? You’ll want to take a look at our bustling blog. Packed with the latest news, insightful tips and informed features, you can get the lowdown on the biggest races from those in the know. 

So, sit back, relax, and enjoy betting on the Cheltenham Festival and the Gold Cup. You can also explore our huge array of markets and competitive odds on most sporting events across the world with our online sports betting.