Want to Learn About the Cheltenham Odds? Here’s Everything You Need to Know
With Cheltenham just around the corner, the odds and predictions are already coming in droves. Everyone has their own favourite, and as the excitement grows, bettors are becoming increasingly interested in who is going to come out on top. With that starting date looming so close, we already have a pretty good idea of which jockeys and horses are likely going to be contending.

In this article, we will tell you everything you need to know about the Cheltenham odds, going over the favourites, different betting options, best bookmakers, and more.
Let’s get right into it!
Cheltenham Top Jockey Odds
Cheltenham 2024 is set to be jam-packed with talented riders and promising stars, so much so that there is more than a little wiggle room when it comes to predictions on which riders are going to come out on top. However, as is always the case, there are a few favourites that have some incredible Cheltenham odds.
Perhaps the most notable of which is Paul Townend, the talented star under the tutelage of Willie Mullins. Paul leads the pack with odds of 2/5, putting him comfortably ahead of his competition and showcasing his skill and dedication.
Following shortly behind is Jack Kennedy at 4/1. Jack is an incredibly talented rider trained by Gordon Elliot, and many believe he is one of the few candidates who may be able to stand up to Paul Townend.
For an underdog option, there’s 2021 Cheltenham Top Jockey, Rachael Blackmore, at 14/1. Training under Henry de Bromhead and having a promising lead-up to Cheltenham, many believe Blackmore may come out of nowhere and dominate the competition.
Most Popular Cheltenham Betting Markets
Now that we have taken a look at some of the top jockeys, let’s explore some of the most popular betting options at Cheltenham. In general, these are the most popular betting markets for Cheltenham

Cheltenham ante-post odds
Cheltenham each way odds

We are going to dive into each of these betting options further in the next section of this article, but if you are already familiar with these betting types then feel free to place your bets now.
Cheltenham Ante-post Odds
Cheltenham ante-post odds allow bettors to place a wager on their favourite horse well in advance, usually weeks or months ahead, with the hopes of getting a bigger payout than they would have if they placed the same wager on the day of the race. This option is great for those that are very confident their bet is big value. It allows you to lock in good odds well before the start of the race and the mjority of betting money has come in.
However, this also comes with drawbacks. Not only could you lose your wager entirely if your horse doesn’t run, but you could also miss out on receiving a better return on your wager if the odds decrease and your horse still wins. Luckily, there is a work-around to the first issue ¾ the non-runner no bet (NRNB). This simply means your bet is returned if your horse doesn’t run.
Cheltenham Each Way Odds
Each way odds are a popular betting option in general, but for Cheltenham, they are even more sought-after. This is because bookmakers compete to give bettors the best odds, leading to increasing returns and a ton of value.

But what are each way odds?
Well, each way odds are composed of two different bets. One bet is for the horse to win, and the other is for the horse to finish in a specific position. This gives you two chances of winning, making it a popular option among bettors. As we mentioned earlier, this type of bet is made even more enticing by the numerous incentives offered by sportsbooks. Allowing bettors to get big payouts even if their horse finishes as far back as seventh or eighth place.
Cheltenham Tips and Tricks
In order to get the most out of the Cheltenham Festival, there are a few tips and tricks you can utilise to get an edge and improve your chances of being successful. First, make sure you do your research.  The easiest way to profit from a big horse racing festival such as Cheltenham is by using bookmaker promotions and boosts that are on often.
Over Cheltenham there will so many matched betting opportunities to take advantage of. You could lock in potentially hundreds of pounds in profit just by picking off the best offers.
Bookmakers With Best Odds Guaranteed for Cheltenham Festival 2024
If you are struggling to find a good sportsbook with accurate odds in time for Cheltenham, here are a few of the best bookmakers that also offer best odds guaranteed.

Paddy Power
Betway
BoyleSports
Bet365
Betfair

All of these sports betting sites have been in the game for years. They are all fully licensed and been used by millions of sports bettors. We don’t have the time to give in-depth betting reviews in this article,however these are bookmakers we have used on this site and haven’t had issues with.
We hope this article will be of some use to you. Knowing as much as you can well ahead of time will allow you to position yourself much better going into Cheltenham. Who knows, you may have a better chance of placing some winning bets. Of course, knowledge and research can only take you so far ¾ the element of uncertainty is what makes horse racing so special. Nonetheless, being well prepared only stands to improve your chances and heighten your experience.
Overall make sure to gamble responsibly. Set up a proper bankroll for the festival, have a plan and don’t overstake. With that being said, here’s to Cheltenham 2024.
Let’s hope it’s a good one!
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