Cheltenham Betting 2019 Guide for Punters

It comes but once a year but finally punters can get stuck into some Cheltenham betting and release some profits as the excitement unfolds.

Cheltenham Betting Offers for New Customers

Our list of best UK bookmakers that offer Cheltenham betting offers for new customers will give you a winning start by maxing your bankroll.

Rank
Site
Bonus
Rating
Visit
1
300% up to£30
New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. Offer not available to those registering on 06/04/2019. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.
2
100% up to£100
Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&C's apply.
3
100% up to£35
T & C Apply, 18+, gambleaware.co.uk. Offer not available to those registering on 06/04/2019
4
100% up to£50
18+, Full T & C's Apply, gambleaware.co.uk.
5
100% up to£10 Free Bet Plus 10 Free Spins
T & C Apply, 18+, gambleaware.co.uk
6
300% up to£30
New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the “win” part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days.
7
300% up to£30
New customers only – Minimum deposit of £10 using deposit code 30f - A qualifying bet is a ‘real money’ stake of at least £10 (£20 e/w) placed on any sports markets - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply - full T&C’s apply
8
100% up to£28
T & C Apply, 18+, Begambleaware.org
9
100% up to£25
18+only. General Promotions Terms Apply. Offer for UK new customers only and have to be KYC verified. Maximum £25 free bet and Minimum of 3 selections in a accumulator is needed. there are minimum odds per selection of 7/10 (1.70). Your Free bet stake is not returned. Certain Markets/sports/payment methods restrictions apply. The Qualifying bet must be made within 30 days. Free bet valid for 30 days. Full T&C's apply.
10
50% up to£5
New Customers only and applies to your first settled bet. Bonus paid out as a Bonus Token. Minimum Odds of your bet must be 2.0 and requires exact stake of £10. No E-Wallets for deposit allowed for Bonus. 18 +. Full T&Cs apply Begambleaware.org.
11
100% up to£50
New customers only. Valid once per customer. Bonus expires after 30 days. Offer expires 31.05.19. 7 x turnover at 1.6 minimum odds before withdrawal. Skrill and Neteller deposits excluded. 18+ only. BeGambleAware
12
100% up to£10
T & C Apply, 18+, gambleaware.co.uk
13
100% up to£10
T & C Apply, 18+, gambleaware.co.uk

After all if you know anything about horse racing, you are surely aware of the massive popularity and importance of the Cheltenham Festival. It's attraction is far reaching among trainers, jockeys, owners, but also punters, viewers and horse racing enthusiasts. Even if you follow horse racing only occasionally, it is safe to assume that the Cheltenham Festival is one of the events that you are interesting in and watch, at least one or two of the races. Cheltenham has grown from a two-day to a four-day event over the course of the years.

Cheltenham Betting 2019 Guide

When is the 2019 Cheltenham Festival?

STARTS: The 2019 Cheltenham Festival will have it's first race off at 13:30 on Tuesday, 12 March.
ENDS: The Cheltenham Festival 2019 ends on Friday, 15 March with the last race at 5:30.
All times are in United Kingdom Time.

The Cheltenham Festival takes place in March and is one of the most celebrated horse racing events in the NH (National Hunt) calender. It is estimated that more than 250,000 pints of Guinness and over 120,000 bottles of wine are gulped down by attendees during the four Festival days. The Festival has a hugely positive impact on the local economy of Gloucestershire. Bookmakers usually make quite hefty profits on the Cheltenham betting of races. This is because punters wager about £150 million on each of the four days, or a total of £600 million.

Cheltenham Races 2019

The number of races that are held during the Festival has increased up to 28 races in 2019. Most of the races are hurdle races and steeplechase races, but there’s also one flat race. Most of the races at the Cheltenham Festival are Grade 1 races. However there are also several Grade 3 races, as well as listed and ungraded races. A few of the races are particularly popular and it is worth mentioning them – Champion Hurdle, Queen Mother Champion Chase, Cheltenham Gold Cup and World Hurdle. The shortest race is 2 miles long and the longest is twice as many – 4 miles.

Cheltenham Betting Strategy

As there are many different races at the Cheltenham Festival it is not easy to come up with a simple betting strategy for the whole event. However there are things that you should always consider. This is regardless whether you bet on just one, or most of the races.

Betting on the favourite especially when the odds are quite low, around evens or anything below 3/1, might be the simplest and most obvious strategy, but it might not be the most profitable strategy. First of all, surprises do happen at Cheltenham betting on races. In fact, they happen a lot more often then you may think.

Jockeys Are Important

That doesn’t mean that you should not bet on the favourite under any circumstances or ever. If you go through the statistics of Cheltenham races of previous years, you will notice that a situation where a horse at odds 8/1 for example wins more often than once in eight years. Also, never underestimate the jockey, it is not irrelevant. Some jockeys are more successful than others and which jockey is riding horse definitely influences the final result. The trainers are no less important.

For example, if a jockey manages to finish 1st, 2nd or 3rd regardless of which horse he is riding, then it might be safe to assume that he will manage to do so once again. On the other hand, when a jockey has a streak of good results in a row, especially if he managed to win several races in a row, that doesn’t mean that he has to keep up his form. Everybody is bound to lose some time and, if the odds are good enough, you might consider backing another horse to win.

Consider Other Cheltenham Betting Markets and Options 

If you like to be successful and want to finish the Cheltenham Festival with a profit, you should definitely do some research on the participants, both horses, jockeys and trainers and then reach a conclusion what to bet on. Also, remember that betting on the race winner isn’t the only option. As the event approaches, bookies start offering a wider scope of betting markets both for each race, as well as special bets.

Top 3 finish the second most popular betting option for individual races. Very rarely do all 3 horses that are best ranked manage to finish in the top three. Although this can happen the odds for the lower ranked horses to finish in the top 3 are usually quite high. So it is definitely worth considering. If you believe that a horse might cause an upset, but you’re not bold enough to bet that it is going to win, betting on that horse to finish top 3 is a very sound option.

Odds and Statistics

If you are at the track and you can see the horses, it is best to check what they look and act like right before the race. Of course, nobody expects you to be a skilled vet. However if you notice something weird about the horse, for example that it is restless or nervous, then backing that horse to win might not be the best idea after all.

It is wise to focus on several races only instead of betting a small amount of money on every single race. There is typically more information on the more popular and renowned races. However there are millions of wagers on them as well, which makes the bookmakers a lot more cautious when it comes to the odds. Often, you can get better odds on some of the more obscure and less popular races.

Always study the statistics carefully before you reach a decision. There are many statistical categories that you should consider. For example, even though the first Queen Mother Champion Chase was held in 1959, only on 11 occasions was the winning horse younger than 8 years. The minimum participation age for horses for this race is 5 years.

On the other hand, the winning horse has been exactly 8 years of age on 20 occasions which is more than a third of the total number of races. However, the winning horse was 8 years old only once in the ten year period between 2006 and 2016. Facts like these might help you identify value bets, but always remember that there are no guarantees.

Bankroll Management

And finally, but perhaps the most important thing about Cheltenham betting is bankroll management. Bankroll management is important for any type of betting. However here it is especially important as Cheltenham is a 4-day festival with numerous races. If you are too careless and don’t pay attention to how much you wager and how many races you wager on, you may end up being broke before you realise.

It is best to set a specific amount of money that you are going to bet over the course of the Cheltenham Festival. Bear in mind that when you win, you shouldn’t add that to the amount that you’re going to wager. After all, you should determine how much you’re going to wager, not how much you’re going to lose and by adding all the winnings to the bankroll somehow implies that you should keep betting unless you run out of money.

You should divide your total bankroll into fractions of 1%, 2% or 3% of the full amount. Never wager more than few percent on a single bet. It doesn’t mean that you should wager the same amount on every bet though. You may wager a smaller amount on a bet at higher odds. Then wager a bigger amount of money when you’re betting on the favourite for example.

Another thing that many punters tend to neglect, especially those that attend the Cheltenham Festival, is that betting while under the influence of alcohol is never a good idea. And since a lot of alcohol is consumed at the Festival many punters make irrational decisions and often start betting compulsively. If you plan on drinking, it is perhaps best to place all your wagers for that day while you’re still sober.

Cheltenham Betting Specials

Rank
Site
Bonus
Rating
Visit
1
100% up to£35
T & C Apply, 18+, gambleaware.co.uk. Offer not available to those registering on 06/04/2019
2
100% up to£10 Free Bet Plus 10 Free Spins
T & C Apply, 18+, gambleaware.co.uk
3
400% up to£20
T & C Apply. 18+. UK+IRE only. Min first bet £5. Must be placed within 14 days of account reg. £20 credited as 4 x £5 free bets. Not valid with CashOut. Free bet valid for 4 days.
4
300% up to£30
New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. Offer not available to those registering on 06/04/2019. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.
5
50% up to£50
New customers only. Min Deposit £10. Deposit & bonus amount must be wagered 6 times (min odds 4/5) prior to withdrawing bonus funds and any winnings. Wins from real money bets withdrawable at any time. Bonus on sports betting only. T&Cs apply.
6
100% up to£100
Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&C's apply.
7
100% up to£10
New customer only, Max one £10 free bet, Qualifying bets must be placed at odds of 2.0 (1.1) or Greater, Paid as bonus token with min odds reg, T&C Apply. 18+ only.
8
100% up to£100
New Customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply
9
5% up to£20
Only available to new customers. Min. deposit £20 (no Skrill/Neteller). Cashback capped at £20. Max bet £100. Only valid on sports betting with min odds 3/4 (1.75). Must wager £400 for full cashback. Offer expires after 30 days. 18+. T&C apply.
10
300% up to£30
New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the “win” part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days.
11
100% up to£28
T & C Apply, 18+, Begambleaware.org
12
50% up to€/£50
New Customers; Min. deposit £15 (no Skrill/Neteller); Bonus amount is 50% of deposit up to €/£50; 5 x deposit and bonus turnover (min. odds 4/5 on singles and 2/5 per selection on acca bets), in 30 days, for bonus release; Some bet types don’t contribute to turnover; Withdrawal before turnover results in bonus cancellation; Terms apply, 18+
13
300% up to£30
New customers only – Minimum deposit of £10 using deposit code 30f - A qualifying bet is a ‘real money’ stake of at least £10 (£20 e/w) placed on any sports markets - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply - full T&C’s apply
14
400% up to€30 Sports + €10 Casino
18+. Min stake £10. Min odds Evs. First bet only. 30 days to qualify. Free bets expire in 7 days. 20x wagering requirement & max win cap £250. 14 days to accept Casino bonus. Once accepted it is active for 3 days. Cashed out bets won’t apply. Payment method restrictions. IRE/NI customers only. T&Cs apply ⇓ **18+. Opt in. UK/IRE customers only. Max Stake £/€20. Max free bet £/€500. 1st pre live single on selected markets. 90 mins only. Free/cashed out/combined Odds bets won’t qualify. Free bet expires after 7 days. T&Cs apply.
15
100% up to£25
T & C Apply, 18+, gambleaware.co.uk
16
100% up to£10
New customers only. Expires 31/12/19. Qualifying bet £10 on any sports double within 48 hours of registration - Min odds 1.7 per selection. Max free bet £10 to be used at odds 1.7 and above per selection. Free bets issued after qualifying bet is settled and expire after 7 days. Skrill and Neteller deposits excluded. 18+ BeGambleAware. Full terms apply.
17
100% up to£50
New customers only. Valid once per customer. Bonus expires after 30 days. Offer expires 31.08.19. 7x turnover at 1.6 minimum odds before withdrawal. Skrill deposits excluded. 18+ only. BeGambleAware.

Many betting operators offer special betting promotions and bonuses for the Cheltenham Festival, especially for online betting. Some of these can be quite lucrative. The first rule that you should follow on the matter is that it is wise to claim a bonus only if it applies to the bet that you were considering placing anyways. Do not place a wager just because there is a bonus offered on it.

A bonus offer can apply on all the Cheltenham betting races. For example punters might be offered a specific bonus for any wager of a certain amount, like a £3 bonus for every £15 wager. This is bonus that you should claim, especially if the bonus terms and conditions are favourable.

The money-back bonus is another popular Cheltenham betting promotion. Some operators will give you your money back for every bet where you’ve backed a horse to win and in the end it finished second. Another example of a money-back bonus is the one where punters get their money back if the selected horse in a fence race hits the very first fence and loses as a result of that.

Bookmakers offer enhanced odds on certain selections. If you claim such a bonus you will be paid out the regular winning amount in cash. The remaining amount (the difference between the regular odds and the enhanced odds) is paid out as free bets. As with any of the bookmaker betting specials make sure you are aware of the full terms and conditions attached to every bonus offer.