Here’s where you’ll find the latest Cheltenham odds for this year’s Festival. You can choose to explore the latest ante-post markets for early prices available well in advance or wait until closer to March’s renowned jump racing festival for more up-to-date prices.
Cheltenham odds today reflect the implied probability of horses winning at the Festival. All prices indicate each horse’s chance of success; favourites carry shorter prices, while outsiders come with longer odds. Sometimes, dark horses can lurk somewhere in between.
Odds for Cheltenham races fluctuate significantly and are influenced by several factors, such as trainer form and horse performance in trials. However, Cheltenham Festival prices for prestigious feature events like the Gold Cup and Ryanair Chase attract significant betting interest. This makes those big race odds particularly important.
Cheltenham ante-post prices are the best way to secure early bets with more attractive odds. These differ from starting price (SP) horse racing betting odds, which are available to bet on after final declarations. Read our Cheltenham favourites guide to better understand who the market sentiment is with and why.
One thing to remember is that whether you are betting early or on the day, the odds matter. They are the numerical language to express everything from major fancies, weaker runners, and emerging contenders that might change the betting landscape. All of which are crucial for betting on horse racing events at Cheltenham Racecourse.
Compare Cheltenham betting sites to find the best Cheltenham races odds available. You’ll find everything from Cheltenham Gold Cup prices to odds for other feature races run over four days of racing in March. Here are the latest prices for the marquee events at the Festival.
Despite falling when favourite in 2025, bookies keep faith with 2023 winner Constitution Hill in their Cheltenham best odds for the Champion Hurdle this year. He remains lightly-raced for his age and can be forgiven one misstep.
New challenges await Nicky Henderson’s two-time Cheltenham winner, however, in the form of Grade 1 novice hurdle winners like The New Lion and Kopek Des Bordes. They will need to train on when stepping up into open company, though.
Lossiemouth swerved this race for a defence of her Mares’ Hurdle crown, but connections may have been left thinking what might have been. Here’s the ante post Champion Hurdle prices as of April 2025.
Horse | Odds |
Constitution Hill | 7/2 |
The New Lion | 6/1 |
Kopek Des Bordes | 8/1 |
Lossiemouth | 8/1 |
Majborough | 12/1 |
Anzadam | 16/1 |
State Man | 16/1 |
Bar | 20/1 |
Outside the market leaders in the ante post Cheltenham odds for the Champion Hurdle, Arkle flop Majborough is a fascinating contender. He could switch back to the smaller obstacles after failing to deliver over fences.
Willie Mullins also has 2024 winner State Man, who has plenty of Festival experience. If he hadn’t fallen in front at the final flight in 2025, handing victory to Golden Ace, things could’ve been interesting.
The same connections also have Anzadam in Cheltenham races odds for the Champion Hurdle. He must return from injury and step up on his Grade 3 form, but still looks as though he hasn’t peaked just yet.
Nicky Henderson’s much-fancied Sir Gino is the warm favourite for the Queen Mother Champion Chase. He is the star attraction on the Cheltenham schedule for Style Wednesday with this race must-see viewing,
Horse | Odds |
Sir Gino | 7/2 |
Marine Nationale | 8/1 |
Majborough | 8/1 |
Jonbon | 10/1 |
Fact To File | 16/1 |
Gaelic Warrior | 20/1 |
Il Est Francais | 25/1 |
Quilixios | 25/1 |
Bar | 33/1 |
The Champion Chase hero of 2025, Marine Nationale, heads the list of dangers to Sir Gino, according to the betting. Owner-trainer Barry Connell will again plot a campaign back to Prestbury Park and getting his horse to peak for the grand stage.
Luckless Jonbon disappointed at the Cheltenham Festival again, but leading Irish owner JP McManus has the option of running Majborough in Wednesday’s Cheltenham race card feature, the Queen Mother Champion Chase.
A couple of horses that contested the Ryanair Chase in 2025 are also quoted in the early ante post odds and betting here instead. They are Fact To File, also for McManus and Willie Mullins, and French raider Il Est Francais.
Enigmatic talent Gaelic Warrior won the Arkle in 2024, but hasn’t found things go his way since. If he bounced back to peak form, then he could be dangerous in the Champion Chase.
The latest Cheltenham odds for the Ryanair Chase feature a plethora of previous Festival winners in the market. Here are the prices you can get from the best online betting sites in the UK right now:
Horse | Odds |
Fact To File | 3/1 |
Majborough | 10/1 |
Ballyburn | 16/1 |
Banbridge | 16/1 |
Grey Dawning | 16/1 |
Jango Baie | 16/1 |
Jonbon | 16/1 |
Caldwell Potter | 20/1 |
Dinoblue | 20/1 |
Bar | 25/1 |
There is always overlap with other Grade 1 races here, but the ante-post market principals include 2025 winner Fact To File. He represents JP McManus and Willie Mullins, as does 2024 Triumph Hurdle hero Majborough.
Also from the Mullins camp is mercurial talent Ballyburn. He impressed when landing the Baring Bingham in 2024, but his subsequent record over fences looks a little chequered.
Joseph O’Brien may bring 2024 King George hero Banbridge back to this trip after trying the Gold Cup last season. For the home team, three to note in the Ryanair Chase betting are 2024 Golden Miler scorer Grey Dawning, 2025 Arkle victor Jango Baie and inaugural Jack Richards winner Caldwell Potter.
Each of these horse represent a top British stable in Dan Skelton, Nicky Henderson and Paul Nicholls respectively. Dinoblue could take on the boys after winning the 2025 Mares’ Chase, meanwhile, and Ryanair Chase second Heart Wood may bid to go one better.
You can back Cheltenham Festival odds for the Paddy Power Stayers’ Hurdle ante post or closer to the race. As things stand, these are the key contenders:
Horse | Odds |
Teahupoo | 6/1 |
Ballyburn | 12/1 |
Jasmin De Vaux | 14/1 |
Majborough | 14/1 |
The Yellow Clay | 14/1 |
Bob Olinger | 16/1 |
Kitzbuhel | 16/1 |
Final Demand | 20/1 |
Lossiemouth | 20/1 |
Bar | 25/1 |
Despite finishing second in 2025, Teahupoo again the betting odds for the Stayers’ Hurdle next year. Gordon Elliott’s 2024 winner completed a sensational Stayers double that spring impressive victory at the Punchestown Festival six weeks later.
The bookies consider Teahupoo favourite again in a weak division and he lost little in defeat when finishing second in both the Hatton’s Grace and the defence of his crown. The bookies believe he can regain it.
If fences don’t work out for Ballyburn, meanwhile, then he wouldn’t be the first so-called “failed chaser” to run in a Stayers’ Hurdle. He is one of four Willie Mullins horses quoted in the early betting, alongside Kitzbuhel, Lossiemouth and Majborough.
Cheltenham Festival regular Bob Olinger went off well-backed, but still surprised fellow Robcour runner Teahupoo when capturing the Stayers’ Hurdle under Rachael Blackmore for Henry De Bromhead. While placed horses The Wallpark and Rocky’s Diamond are young enough to come back for more, others have prominent places in the market.
These notably include Champion Bumper and Albert Bartlett winner Jasmin De Vaux, who may not be a fluent enough jumper to try fences. Baring Bingham second and third The Yellow Clay and Final Demand probably have futures in steeplechases, but could go well if staying over hurdles.
The Cheltenham Gold Cup is the Festival’s pinnacle event. As such, you will find a wide range of Cheltenham Gold Cup runners and prices to choose from as we approach March. Top contenders for the Gold Cup include:
Horse | Odds |
Inothewayurthinkin | 5/1 |
Fact To File | 6/1 |
Galopin Des Champs | 8/1 |
Fastorslow | 20/1 |
Grey Dawning | 25/1 |
Bar | 33/1 |
An open look to the Cheltenham Gold Cup betting in 2026 means defending champion Inothewayurthinkin is the early favourite. Gavin Cromwell and JP McManus saw their decision to supplement the horse vindicated as he turned Leopardstown form around with Galopin Des Champs.
The dual race winner may now finally be in decline, but Willie Mullins has Fact To File potentially ready to step up to this longer trip. That one is also owned by McManus, but won the Ryanair Chase in such style that he may stay down that route rather than bid for Gold Cup glory.
Martin Brassil has the talented but fragile Fastorslow to come back, while Grey Dawning skipped the 2025 Cheltenham Festival in favour of Aintree. Brown Advisory Novices’ Chase winner Lecky Watson could also represent Mullins, however, as he continues to build on that success.
The 2024 Cheltenham Gold Cup second Gerri Colombe is another who could return from setbacks for Gordon Elliott, meanwhile. Similar comments apply to Ben Pauling stable star The Jukebox Man.
You can also find Cheltenham prices for who finishes as the Festival’s top trainer. The competition for the trainer title is intense, despite Ireland’s Willie Mullins dominating in recent years.
Here’s a recap of the top trainers over the past six years:
Year | Top Festival Trainer | Number of Winners |
2025 | Willie Mullins | 10 |
2024 | Willie Mullins | 9 |
2023 | Willie Mullins | 6 |
2022 | Willie Mullins | 10 |
2021 | Willie Mullins | 6 |
2020 | Willie Mullins | 7 |
2019 | Willie Mullins | 4 |
An incredible 42 winners since 2019 underscores Mullins’ exceptional talent. You can expect to find the latest Cheltenham odds for top trainer to favour the Carlow-based racing icon.
The race for the top jockey title is equally compelling. Known as the Cheltenham Festival Leading Jockey award, the title has gone to Irishman Paul Townend in four of the last five Festivals.
Here are the past six years’ winners:
Year | Top Festival Jockey | Number of Winners |
2025 | Paul Townend | 4 |
2024 | Paul Townend | 6 |
2023 | Paul Townend | 5 |
2022 | Paul Townend | 5 |
2021 | Rachael Blackmore | 6 |
2020 | Paul Townend | 5 |
2019 | Nico de Boinville | 3 |
You can find top jockey Cheltenham odds located at our favourite betting sites. Most betting sites offer this market before the Festival starts, making it easy to back your fancied jockey.
The annual competition for the Prestbury Cup odds between Irish trainers and British trainers is fierce. The latest Cheltenham odds for the Prestbury Cup reflect the growing dominance of Irish trainers in horse racing betting markets.
Here’s a list of the winners since 2019.
Year | Prestbury Cup Winner | British Winners | Irish Winners |
2025 | Ireland | 8 | 20 |
2024 | Ireland | 9 | 18 |
2023 | Ireland | 10 | 18 |
2022 | Ireland | 10 | 18 |
2021 | Ireland | 5 | 23 |
2020 | Ireland | 10 | 17 |
2019 | Draw | 14 | 14 |
You’ll find a wide range of ante post Cheltenham betting odds today at our top sites. Cheltenham ante-post markets highlight popular horses expected to excel this year that you can back well in advance of the Festival.
Cheltenham race odds will change the closer we get to the Festival. Ante post markets are often more attractive than SPs but you run the risk of losing your stake if your horse doesn’t feature.
Put simply, you are not guaranteed a run for your money with ante post bets. But you can look to Cheltenham latest odds non-runner no bet prices for protection if a price is too good to refuse.
Cheltenham odds are based on several factors. These include a horse’s performances in trial and championship races, the opinions of expert tipsters and pundits, and much more. Rather than being arbitrary numbers on the board, these prices dictate what you can win by backing a horse.
Here’s some of the science behind how odds are initially set and what can lead to them shortening and drifting.
Horses excelling in recognised trials often attract shorter prices, like in Cheltenham betting odds outright markets. Notable official trials at Cheltenham include the following:
Cheltenham Trial Name | Festival Race It’s a Trial For | When it’s Run |
Sharp Novices’ Hurdle | Supreme Novices’ Hurdle | October |
Shloer Chase | Queen Mother Champion Chase | November |
Arkle Trial Novices’ Chase | Arkle Challenge Trophy | November |
Prestbury Juvenile Hurdle | Triumph Hurdle | November |
Hyde Novices’ Hurdle | Baring Bingham / Albert Bartlett | November |
Bristol Novices’ Hurdle | Albert Bartlett | December |
Finesse Juvenile Hurdle | Triumph Hurdle | January |
Cotswold Chase | Cheltenham Gold Cup | January |
International Hurdle | Champion Hurdle | January |
Cleeve Hurdle | Stayers’ Hurdle | January |
Classic Novices’ Hurdle | Baring Bingham / Albert Bartlett | January |
The Cotswold Chase is one of the big trials many punters look to before the Festival in March. In 2024, the suitably named Capodanno (7/2) broke in the new year by becoming the first Irish-trained horse since Rince Ri in 2002 to win the race. The Manduro gelding went on to finish fourth in the Ryanair Chase less than two months later.
Another Willie Mullins horse, Lossiemouth, claimed the International Hurdle in January 2024. The exciting prospect then romped to victory in the Mares’ Hurdle at the Festival in March of the same year, before finishing 2024 with an excellent victory at Fairyhouse.
A horse’s form plays a crucial role in shaping Cheltenham betting odds. Strong recent performances, whether exceptional or quietly impressive, often result in shorter odds for key races like the Gold Cup or Champion Chase, as well as smaller events. Conversely, weak showings before the Festival can reduce market confidence, causing odds to drift as support dwindles.
Prestbury Park’s challenging course makes winning there particularly tough, so past Festival form is crucial for bookies and punters. Success at Cheltenham demands more than just a combination of speed, strength, and stamina. As such, the most reliable way to assess a runner’s chances is by analysing previous Cheltenham Festival results or other performances at Prestbury Park.
Expert betting tips from respected sources influence betting markets when they endorse promising horses and past winners. These endorsements significantly shape Cheltenham odds, particularly for standout contenders in the Gold Cup, considered the pinnacle of jump racing.
Punters acting on Cheltenham tips from top TV and print pundits often shift betting markets at major bookmakers like Paddy Power, prompting notable adjustments. The bookies also offer NRNB protection that justifies cutting prices too.
Most experts prioritise superstar Cheltenham horses and emerging talents in high-profile races. This focus heavily impacts Cheltenham ante-post markets for prestigious handicap events. However, the effects usually intensify closer to Festival race days. By then, tipster-driven market trends can make some odds-on favourites too short to back.
When trainers like Nicky Henderson or Henry De Bromhead enjoy a winning streak, their horses typically attract shorter prices due to perceived higher chances of success. This can lead to their promising horses moving into the zone of market favourites, which has the knock-on effect of bookies slashing their prices. In addition to odds on Cheltenham races today, you’ll also see trainer form reflected in the latest top trainer Cheltenham odds.
Premier horses from the Festival’s top stables are always heavily backed. This can often be as much down to reputation as it is to recent trainer performance, although both are usually interrelated. The bottom line is that punters want to back trainers with an abundance of Cheltenham Festival winners – this means a horse that has shown even some promise may attract a lot of cash.