Considered one of the most looked forward to and popular horse racing festivals in the United Kingdom, the Cheltenham Festival offers a great number of betting opportunities to the interested punters.
Although you can avail Cheltenham free bets, offers and tips from several reputed online bookmakers, are you aware how to make them count? Let’s tell you about some very important Cheltenham betting tips you cannot afford to overlook.
Don’t get overly obsessed with the hyped up horses and trainers
All such festivals throw up various ‘so-called’ certain possibilities that people often latch onto quickly causing ridiculously short prices on fiercely competitive horse racing. The odds are often cramped up so badly as if it was some five-runner race in Thurles or Plumpton, in UK, on a Monday. All that talk about value-based betting is thrown right out of the window. These so-called superstars and super horses are touted as unbeaten, no matter where they may have competed in the past. The fact they belong to some well-known owners is good enough to send the market into a tizzy. You should avoid getting carried away by all such hype and bet purely based on your own due diligence.
Keep your bets at minimum, unless you have a solid edge
A large number of horse race bettors indulge in huge bets over the 4 days of the Cheltenham Festival, placing punts much bigger than they normally prefer to. There rush from one race to the other, trying to chase their losses. Please note, in case it’s a must for you to get involved in every race, ensure that you keep your bets small, unless you strongly feel that the odds are in your favour.
Follow the Cheltenham form
A task that every punter must accomplish before betting on any race is watching the last 3 years’ recordings of the Cheltenham Festivals, and taking detailed notes related to the festival form. The results of the previous years can tell you how the horses may perform in the present year. Particularly keeping the ultra-tough handicaps in mind, you’d be able to see things clearly and jot down any runners which performed exceedingly well compared to the bare result. Regardless of what their recent form may be like, these runners can be expected to perform well once again, if the circumstances haven’t changed greatly.
Punt in the morning instead of later in the day
As there would be plenty of punters in the fray, it might provide terrific value if you bet in the early morning hours on the race day. Any astute horserace bettor would set a 5 AM alarm every morning of the festival and place his/her bets well in time, not waiting until the dust has settled and everyone knows what’s going to happen.
Open accounts with multiple bookmakers
It would be better if you have already-running accounts with multiple bookmakers and have already deposited ample money into each one of them. This way, you’d be able to quickly benefit from the competitive racing prices.