Cheltenham festival matched betting guide
Welcome to the Cheltenham festival matched betting guide.
The Cheltenham festival is one of the highlights of the horse racing year. The festival is great for matched betting – expect lots of of free bets, bonuses, enhanced odds and profit making opportunities.
The Cheltenham festival is in the second week of March every year. Tuesday to Friday sees four days of top class racing action.
What offers can you expect?
Look out for great offers across the 4-day festival such as:
- Enhanced welcome offers for new customers
- Excellent reload offers
- Potentially increased stake limits
- ITV Racing free bet on winner offers: Betfair sportsbook 3/1 and Bet365 4/1 offer
- Extra places for your each-way matched betting: 5 to 7 places at 1/5 the odds on big handicap races
- Price boosts online and in shops such as Betfred Pushes
- Each way arbing opportunities
- Advantage play opportunities: price boosts, enhanced multiples, Cheltenham specials
- Newspaper free bets vouchers: £1 free bet for certain races. Check the front pages!
A dedicated matched betting service helps to organise all the offers and price boosts.
The best matched betting services are:
Each has a daily offer calendar and forum community, which will more than cover the small outlay.
Cheltenham festival preparation
How do you make the most of the Cheltenham festival?
Follow this checklist of matched betting tips to get ready for the 4-day bonanza.
Bookmaker and exchange accounts
Sign-up for all the major bookmaker accounts. See the free bets page. Then you’ll be ready to receive existing customer reload offers.
Additionally, an account with at least two of the four main betting exchanges is essential:
Consider placing horse racing mug bets on your accounts to build up a profile – rather than only betting when offers are available.
Even though Cheltenham is a huge event, the bookies don’t like customers betting only on promotional races.
Learn matched betting strategies
Read the horse racing guides section.
The beginner horse racing guide explains the basics.
Advanced techniques include each-way betting and extra place offers.
I would advise placing some trial matched bets. Then you’ll be comfortable when the festival starts.
Good record keeping is key for keeping track of offers and free bets due.
The matched betting subscription services have a profit tracker to record every single bet and offer.
I also carry a paper crib sheet and tick off each bookmaker and each race.
Decide how much money you have available, then split your cash between bookmaker and exchange accounts, with enough to cover large liabilities at the exchange.
Remember that exchanges will combine liabilities when you lay different horses in a race. This reduces the amount of funds needed at the exchange.
Cheltenham festival matched betting strategies
For refund if offers, simply back and lay your horse – and hope the refund triggers.
Other simple back, lay and hope offers include:
Bet365 4/1 winner offer: Back and lay a horse at minimum odds of 4/1 (5.00), then if your horse wins use your own money to place a bet on the next ITV race, but lay as if Stake Not Returned.
Extra places: Back a horse each-way at the bookmaker, then place 2 lay bets at the exchange: 1) lay “to win” and 2) lay “to place”, then hope that your horse finishes in the extra place(s).
Cheltenham festival schedule
The festival hosts seven races across Tuesday to Friday, including Grade 1 races like the Champion Hurdle on day 1, the Queen Mother Champion Chase on Day 2, the World Hurdle on day 3, and Friday’s Cheltenham Gold Cup.
Here is the typical schedule of races for Cheltenham festival.
Day One – Tuesday 10 March 2020 (Champion Day)
13.30 Supreme Novices Hurdle
14.10 Arkle Novice Chase
14.50 Ultima Handicap Chase
15.30 Champion Hurdle
16.10 Mares ‘Hurdle Race
16.50 National Hunt Chase
17.30 Close Brothers Novices’ Handicap Chase
Day Two – Wednesday 11 March 2020 (Champion Day)
13.30 Ballymore Novices Hurdle
14.10 RSA Chase
14.50 Coral Cup
15.30 Queen Mother Champion Chase
16.10 Cross Country Chase
16.50 Fred Winter Handicap Hurdle
17.30 Champion Bumper
Day Three – Thursday 12 March 2020 (St Patrick’s Day)
13.30 JLT Novices Chase
14.10 Pertemps Final Hurdle
14.50 Ryanair Chase
15.30 Stayers Hurdle
16.10 Brown Advisory Plate
16.50 Mares Novices Hurdle
17.30 Kim Muir Handicap Chase
Day Four – Friday 13 March 2020 (Gold Cup Day)
13.30 Triumph Hurdle
14.10 County Hurdle
14.50 Albert Bartlett Novices Hurdle
15.30 Cheltenham Gold Cup
16.10 Foxhunter Steeple Chase
16.50 Martin Pipe Conditional Jockeys Hurdle
17.30 Grand Annual Chase
Racing Post newspaper – grab a copy of the industry leading daily for comprehensive Cheltenham guides.
Sporting Life fast results – find all the latest horse racing results.