{"title":"Cheltenham Festival Betting Odds Online | Parimatch","description":"Check the latest Cheltenham Festival odds for 2027 and explore ante-post, win and each-way markets across all four days at Prestbury Park.","custom_path":"/en-gb/pages/horse-racing/cheltenham-festival","heading":"Cheltenham Festival Odds \u0026 Betting","heading_tag":"h1","nofollow":false,"noindex":false,"has_custom_schema":true,"schema_json":[{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"When is the 2027 Cheltenham Festival?","acceptedAnswer":{"@type":"Answer","text":"The 2027 Cheltenham Festival runs from Tuesday 16 to Friday 19 March. Seven races are scheduled on each of the four days."}},{"@type":"Question","name":"Where can I find the latest Cheltenham Festival odds?","acceptedAnswer":{"@type":"Answer","text":"The latest available Cheltenham Festival odds are displayed at the top of this Parimatch page. Markets and prices may change as entries are reduced and final runners are declared."}},{"@type":"Question","name":"Who won the 2026 Cheltenham Gold Cup?","acceptedAnswer":{"@type":"Answer","text":"Gaelic Warrior won the 2026 Cheltenham Gold Cup for trainer Willie Mullins and jockey Paul Townend."}}]}],"has_toc":false,"alternate_languages":[],"copy_sections":[{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eCheltenham Festival Betting Odds 2027\u003c/h2\u003e","content":"\u003cp\u003eThe Cheltenham Festival returns from Tuesday 16 to Friday 19 March 2027, with 28 races spread across four afternoons at Cheltenham Racecourse.\u003c/p\u003e\u003cp\u003eYou can find the latest available Cheltenham Festival odds above. The early betting centres on ante-post markets for the biggest races, while further options should appear as entries are reduced and final declarations are published.\u003c/p\u003e\u003cp\u003eFor current racecards away from the festival, visit the main \u003ca href=\"https://www.parimatch.co.uk/en-gb/sports/364\"\u003ehorse racing betting page\u003c/a\u003e.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eWhen Is the 2027 Cheltenham Festival?\u003c/h2\u003e","content":"\u003cp\u003eThe official dates are \u003cstrong\u003eTuesday 16 March to Friday 19 March 2027\u003c/strong\u003e.\u003c/p\u003e\u003cp\u003eSeven races are scheduled each day. Champion Day opens the meeting on Tuesday, followed by Ladies Day on Wednesday, St Patrick’s Thursday and Gold Cup Day on Friday. The current programme begins at 1.20pm and finishes at 5.20pm each afternoon, although individual timings remain subject to change.\u003c/p\u003e\u003cp\u003eThe four-day structure hasn’t changed for 2027. Nor has the total of 28 races.\u003c/p\u003e\u003cp\u003eWhat will change is the betting picture. Horses that look likely runners in August may switch divisions, suffer setbacks or fail to earn a place. That uncertainty is especially relevant when betting several months before the meeting.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eCheltenham Festival Odds for 2027\u003c/h2\u003e","content":"\u003cp\u003eAnte-post Cheltenham Festival odds are already available for selected races, including the Gold Cup. The prices shown at the top of this page are the ones that matter now. Old odds from the 2025 or 2026 festivals shouldn’t be used as a guide.\u003c/p\u003e\u003cp\u003eA short price this far out usually reflects a horse’s reputation, recent form and expected target. It does not confirm that the horse will line up.\u003c/p\u003e\u003cp\u003eSome runners hold entries in two or more races. Novices can also move between hurdles and fences, while trainers may delay a final decision until the ground forecast is clearer.\u003c/p\u003e\u003cp\u003eBefore taking an early price, check the market rules. Standard ante-post bets can lose when the selection doesn’t run unless non-runner money-back protection is explicitly included.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eCheltenham Festival 2027: Day-by-Day Guide\u003c/h2\u003e","content":"\u003ch3 class=\"bvs-h3\"\u003eChampion Day: Tuesday 16 March\u003c/h3\u003e\u003cp\u003eThe Champion Hurdle is the first championship race of the week.\u003c/p\u003e\u003cp\u003eIt is a Grade 1 contest over approximately two miles and has been part of the festival since 1927. Speed is vital, but Cheltenham’s final climb exposes horses that have raced too freely or used too much energy before turning for home.\u003c/p\u003e\u003cp\u003eLossiemouth arrives as the defending champion after beating her rivals by six and a half lengths in 2026. That victory made her the eighth mare to win the race and gave her a festival success for the fourth consecutive year.\u003c/p\u003e\u003cp\u003eA previous win naturally strengthens a horse’s profile, but the next National Hunt season still has to unfold. The Fighting Fifth, Christmas Hurdle and Irish Champion Hurdle are among the winter races that may influence the market before March.\u003c/p\u003e\u003cp\u003eTuesday also includes the Supreme Novices’ Hurdle, Arkle Challenge Trophy, Ultima Handicap Chase and National Hunt Chase. Those races attract very different horses, so avoid treating the opening day as one broad betting puzzle.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eLadies Day: Wednesday 17 March\u003c/h3\u003e\u003cp\u003eWednesday’s feature is the Queen Mother Champion Chase, a two-mile Grade 1 in which runners negotiate 12 fences.\u003c/p\u003e\u003cp\u003eIl Etait Temps won the 2026 renewal for Willie Mullins. Marine Nationale, the 2025 champion, had taken the race one year earlier.\u003c/p\u003e\u003cp\u003eFast jumping matters just as much as raw pace. One error can cost several lengths and force a jockey to use energy sooner than planned. A horse may possess the best speed figure in the field and still struggle if its jumping becomes untidy under pressure.\u003c/p\u003e\u003cp\u003eThe day’s programme also contains the Brown Advisory Novices’ Chase, Cross Country Chase, Grand Annual and Champion Bumper.\u003c/p\u003e\u003cp\u003eNovice form deserves particular care. A lightly raced chaser may still be improving rapidly, yet it may also lack experience in a large field around Cheltenham.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eSt Patrick’s Thursday: Thursday 18 March\u003c/h3\u003e\u003cp\u003eThursday has two Grade 1 highlights.\u003c/p\u003e\u003cp\u003eThe Stayers’ Hurdle is run over about three miles and tests whether a horse can maintain its effort after the pace begins to rise. Home By The Lee won at his fifth attempt in 2026, becoming the joint-oldest winner of the race at the age of 11.\u003c/p\u003e\u003cp\u003eHis result was a reminder that staying form can remain valuable well into a horse’s later years. Even so, age should not be ignored. Preparation, recent performances and signs of decline matter more than an old peak rating.\u003c/p\u003e\u003cp\u003eThe Ryanair Chase follows later on the card over two miles and four and a half furlongs. It suits horses that possess more stamina than a specialist two-mile chaser but are not being aimed at the longer Gold Cup.\u003c/p\u003e\u003cp\u003eThis creates one of the week’s recurring ante-post problems. A leading chaser may appear in both Ryanair and Gold Cup markets before connections settle on a target.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eGold Cup Day: Friday 19 March\u003c/h3\u003e\u003cp\u003eThe Cheltenham Gold Cup closes the four-day meeting.\u003c/p\u003e\u003cp\u003eIt is run over approximately three miles, two and a half furlongs. The combination of distance, jumping and the uphill finish leaves little room for a weak final furlong.\u003c/p\u003e\u003cp\u003eGaelic Warrior won in 2026 under Paul Townend for Willie Mullins. The victory moved both jockey and trainer to a record-equalling or record-setting five Gold Cup successes, with Townend becoming the race’s most successful rider.\u003c/p\u003e\u003cp\u003eThat makes Gaelic Warrior an obvious reference point for 2027, but not a guaranteed runner or winner. Another season of top-level chasing sits between the two festivals.\u003c/p\u003e\u003cp\u003eThe \u003ca href=\"https://www.parimatch.co.uk/en-gb/pages/horse-racing/king-george-vi-chase-betting\"\u003eKing George VI Chase betting page\u003c/a\u003e covers one of the major mid-season races that can affect the Gold Cup picture. Kempton and Cheltenham provide different tests, though. Form at one course does not automatically transfer to the other.\u003c/p\u003e\u003cp\u003eFriday’s supporting card includes the Triumph Hurdle, County Hurdle, Albert Bartlett Novices’ Hurdle and Festival Hunters’ Chase.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eWhat to Consider Before Betting on Cheltenham\u003c/h2\u003e","content":"\u003ch3 class=\"bvs-h3\"\u003eThe Horse’s Likely Target\u003c/h3\u003e\u003cp\u003eThis is the first check for any ante-post selection.\u003c/p\u003e\u003cp\u003eA horse may be prominent in two markets because the trainer has not yet made a decision. Backing it for the wrong race can leave you with a losing ticket before the festival begins.\u003c/p\u003e\u003cp\u003eListen for firm plans rather than vague suggestions. Even then, remember that ground conditions and late setbacks can cause a switch.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eCheltenham Form\u003c/h3\u003e\u003cp\u003eCourse form carries weight because Cheltenham is not a flat, uncomplicated track.\u003c/p\u003e\u003cp\u003eThe undulations, downhill sections and final climb ask horses to stay balanced while conserving enough energy for the finish. Some thrive there. Others produce stronger performances at flatter tracks.\u003c/p\u003e\u003cp\u003eDon’t reduce this to a simple “course winner” label. Check which course was used, what distance the horse covered and whether the result came in comparable company.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eFestival Experience\u003c/h3\u003e\u003cp\u003ePrevious festival form is useful, especially in races with large fields and a strong early pace.\u003c/p\u003e\u003cp\u003eIt is not compulsory. Every established Cheltenham horse was once a first-time runner.\u003c/p\u003e\u003cp\u003eA newcomer with clean jumping, strong form and the right temperament may cope perfectly well. The concern grows when an inexperienced horse already makes mistakes in smaller races.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eGround Conditions\u003c/h3\u003e\u003cp\u003eMarch ground can change quickly.\u003c/p\u003e\u003cp\u003eA week of rain may produce a much more demanding test than the one anticipated when ante-post bets were placed. Quicker ground can place greater emphasis on pace and accurate jumping.\u003c/p\u003e\u003cp\u003eCheck a horse’s actual record under similar conditions. General comments such as “handles soft ground” can hide defeats against weaker opposition.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eBritish and Irish Form\u003c/h3\u003e\u003cp\u003eIrish-trained runners have enjoyed considerable festival success in recent seasons, but nationality is not a betting strategy.\u003c/p\u003e\u003cp\u003eConsider the quality of each race. A dominant victory in a weak contest may tell you less than a close defeat in a strong Grade 1.\u003c/p\u003e\u003cp\u003eBritish and Irish form lines often come together only at Cheltenham. That is one reason the market can change sharply after final declarations.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eCheltenham Festival Betting Markets\u003c/h2\u003e","content":"\u003ch3 class=\"bvs-h3\"\u003eRace Winner\u003c/h3\u003e\u003cp\u003eA win bet requires your selected horse to finish first.\u003c/p\u003e\u003cp\u003eIt can be placed ante-post or closer to the off. Always check whether the market uses an early fixed price, the starting price or another set of settlement terms.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eEach-Way Betting\u003c/h3\u003e\u003cp\u003eAn each-way wager contains a win bet and a place bet of equal value.\u003c/p\u003e\u003cp\u003eA £5 each-way selection costs £10 in total. The place portion succeeds when the horse finishes within the positions advertised for that race.\u003c/p\u003e\u003cp\u003eThose terms are not identical across all 28 events. Field size, race type and promotional enhancements may affect the number of paid places and the fraction used for the place return.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eNon-Runner Money Back\u003c/h3\u003e\u003cp\u003eNon-runner money-back markets return the stake if the selected horse does not take part.\u003c/p\u003e\u003cp\u003eThis protection often comes with a shorter price than standard ante-post betting. Check that the letters “NRMB” or equivalent wording are attached to the specific market rather than assuming every Cheltenham bet carries the same protection.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eForecast and Tricast Betting\u003c/h3\u003e\u003cp\u003eA straight forecast asks for the first two finishers in the correct order.\u003c/p\u003e\u003cp\u003eA tricast extends that requirement to the first three. Combination versions cover several finishing orders but cost more because multiple bets are placed.\u003c/p\u003e\u003cp\u003eThese markets become easier to assess once the final runners and likely pace are known.\u003c/p\u003e\u003ch3 class=\"bvs-h3\"\u003eHow to Read Cheltenham Ante-Post Form\u003c/h3\u003e\u003cp\u003eSelections from separate races can be combined in doubles, trebles and larger accumulators.\u003c/p\u003e\u003cp\u003eEvery leg must win for a standard multiple to return a profit. A four-day festival creates plenty of combinations, but every additional selection also gives the bet another way to lose.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eHow to Read Cheltenham Ante-Post Form\u003c/h2\u003e","content":"\u003cp\u003eStart with the target, then work backwards.\u003c/p\u003e\u003cp\u003eCheck the horse’s most recent run, the strength of its opposition and whether the trip suited it. Look at its jumping rather than only the finishing position. A clean round in defeat may offer more encouragement than a narrow win filled with mistakes.\u003c/p\u003e\u003cp\u003eTrainer patterns can provide context. Some horses are prepared to peak in March and may run below their best earlier in the winter. That doesn’t mean every defeat should be excused.\u003c/p\u003e\u003cp\u003eThe date of the latest run also matters. A long absence can signal a deliberate fresh preparation, but it can equally indicate that training has not gone smoothly.\u003c/p\u003e\u003cp\u003eFor horses later considered for Aintree, the \u003ca href=\"https://www.parimatch.co.uk/en-gb/pages/horse-racing/grand-national\"\u003eGrand National odds page\u003c/a\u003e covers the next major British jumps meeting after Cheltenham.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eWho Won the Main Races in 2026?\u003c/h2\u003e","content":"\u003cp\u003eThe four championship winners at the 2026 festival were:\u003c/p\u003e\u003cul\u003e\u003cli\u003e\u003cstrong\u003eChampion Hurdle:\u003c/strong\u003e Lossiemouth, trained by Willie Mullins and ridden by Paul Townend.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eQueen Mother Champion Chase:\u003c/strong\u003e Il Etait Temps, trained by Willie Mullins.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eStayers’ Hurdle:\u003c/strong\u003e Home By The Lee, trained by Joseph O’Brien and ridden by JJ Slevin.\u003c/li\u003e\u003cli\u003e\u003cstrong\u003eCheltenham Gold Cup:\u003c/strong\u003e Gaelic Warrior, trained by Willie Mullins and ridden by Paul Townend.\u0026nbsp;\u003c/li\u003e\u003c/ul\u003e\u003cp\u003eThey are the reigning champions, not confirmed 2027 participants. Entries and running plans will become clearer during the National Hunt season.\u003c/p\u003e"},{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eHow to Bet on the 2027 Cheltenham Festival\u003c/h2\u003e","content":"\u003cp\u003eLog in to Parimatch and open the horse racing section. Select the 2027 Cheltenham Festival meeting, choose a race and add your horse to the betslip.\u003c/p\u003e\u003cp\u003eEnter the stake and review the odds, potential return and settlement rules. Ante-post status, non-runner protection and each-way terms should all be checked before confirming.\u003c/p\u003e\u003cp\u003eCurrent horse-racing promotions can be found on the \u003ca href=\"https://www.parimatch.co.uk/en-gb/offer\"\u003eParimatch betting offers page\u003c/a\u003e. Offers may be introduced, amended or removed before March, so rely on the live terms rather than an old festival promotion.\u003c/p\u003e\u003cp\u003eSet a budget for the meeting and avoid increasing stakes to chase a previous loss. Deposit limits, time-outs and self-exclusion information are available through the Parimatch Safer Gambling page.\u003c/p\u003e\u003cp\u003e\u003ci\u003e\u003cstrong\u003e18+ | T\u0026amp;Cs apply | Please gamble responsibly.\u003c/strong\u003e\u003c/i\u003e\u003c/p\u003e"}]}