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.
Constitution Hill and Brighterdaysahead are among the Cheltenham best odds for the Champion Hurdle this year. Here’s the ante post Champion Hurdle prices as of March 2025.
Horse | Odds |
Constitution Hill | 1/2 (from 4/5) |
Brighterdaysahead | 5/2 (from 4/1) |
State Man | 8/1 (from 12/1) |
Golden Ace | 25/1 (from 66/1) |
Burdett Road | 66/1 (from 33/1) |
Winter Fog | 150/1 |
King Of Kingsfield | 200/1 |
Nicky Henderson’s Constitution Hill is favourite in the ante post Cheltenham odds for the Champion Hurdle. This is despite previous injuries and illness for the two-time Cheltenham winner, who showed up lame after a racecourse gallop Newbury in November.
Constitution Hill looked as good as ever when beating Triumph and Mares’ Hurdle winner Lossiemouth in the Christmas Hurdle at Kempton. Impressive December Hurdle heroine Brighterdaysahead receives 7lb from the favourite by virtue of her sex.
Willie Mullins’ defending champion State Man comes in at decent prices for an early punt. Last year’s Dawn Run winner Golden Ace and Greatwood Hurdle hero Burdett Road are next in Cheltenham races odds for the Champion Hurdle.
Nicky Henderson’s much-fancied Jonbon 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 |
Jonbon | 5/6 (from 10/11, previously 11/8) |
Marine Nationale | 5/1 (from 7/1, previously 16/1) |
Energumene | 6/1 (from 15/2, previously 10/1) |
Solness | 12/1 (from 9/1, previously 16/1) |
Found A Fifty | 11/1 (from 25/1) |
Captain Guinness | 25/1 (from 33/1) |
Libberty Hunter | 33/1 |
Quilixios | 40/1 (from 25/1) |
Jonbon missed out on last year’s Cheltenham Festival with a virus, but can make a huge impression on Wednesday’s Cheltenham race card in the Queen Mother Champion Chase in March. As a full-brother to retired superstar Douvan, he cost owner JP McManus a lot of money, but has multiple Grade 1 wins to his name away from Cheltenham.
Jonbon may not have things his own way, with Mullins veteran Energumene also in the mix. The much-improved Solness is also a contender over from Ireland for the Joseph O’Brien stable.
Barry Connell owns and saddles 2023 Supreme winner Marine Nationale, another of the prospects from ante post odds and betting for the Queen Mother Champion Chase. Bar those four, it is double figure odds with Arkle Challenge Trophy runner-up Found A Fifty next best.
The latest Cheltenham odds for the Ryanair Chase feature some notable names like Gaelic Warrior and Fact to File, but they may have other targets. Here are the prices you can get from the best online betting sites in the UK right now.
Horse | Odds |
Fact To File | 13/8 (from 5/4, previously 7/2) |
Il Est Francais | 3/1 (from 10/1) |
Protektorat | 6/1 (from 5/1) |
Jungle Boogie | 14/1 (from 12/1, previously 20/1) |
Djelo | 11/1 (from 14/1, previously 20/1) |
Envoi Allen | 16/1 (from 14/1) |
Heart Wood | 20/1 (from 16/1) |
Master Chewy | 50/1 (from 40/1) |
Hang In There | 100/1 |
Very little seems certain about the Ryanair Chase with many of the ante-post market principals also in the Champion Chase and Gold Cup. Fact To File goes here after John Durkan Memorial Punchestown Chase success in the autumn.
According to the latest Cheltenham odds, King George second Il Est Francais is an attractive option here. Noel George & Amanda Zetterholm have brought him over from France for races at Kempton twice before.
Also prominent in the Ryanair Chase betting is Willie Mullins horse Gaelic Warrior. He won the Arkle at the Festival last season and, not having the pace to tackle the top two-mile chasers, could once again reinvent himself here.
Last year’s winner Protektorat should bid for a successful defence of his Ryanair Chase crown after reversing Peterborough Chase form with Djelo during the Berkshire Winter Million at Lingfield.
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 | 7/4 (from Evs) |
The Wallpark | 9/2 (from 7/1, previously 10/1) |
Lucky Place | 13/2 (from 8/1, previously 14/1) |
Home By The Lee | 7/1 (from 8/1) |
Bob Olinger | 14/1 (from 22/1, previously 33/1) |
Mystical Power | 20/1 (from 16/1, previously 33/1) |
Rocky’s Diamond | 25/1 (from 16/1) |
Gowel Road | 28/1 (from 20/1) |
Nemean Lion | 33/1 (from 20/1) |
Bar | 40/1 |
Teahupoo leads the betting odds for the Stayers’ Hurdle in 2025. Gordon Elliott’s Robcour runner won the race last year then completed a sensational Stayers double with an impressive victory at the Punchestown Festival in May.
The bookies consider Teahupoo a strong favourite in a weak division and he lost little in defeat when finishing second to Lossiemouth in the Hatton’s Grace Hurdle when conceding 7lb to the mare. Home By The Lee could only manage third in the Stayers’ Hurdle last season, but looks better than ever this term.
While the Joseph O’Brien stable has reduced its string of jumpers, he won a second Lismullen Hurdle around Navan and Leopardstown Christmas Hurdle over the festive period. Long Walk Hurdle 1-2 Crambo and Hiddenvalley Lake both have claims, meanwhile.
Nick Henderson’s Lucky Place is a solid each-way option. He built on his fine fourth in the Coral Cup during last year’s Festival with Grade 2 success in the Ascot Hurdle this autumn and defied a penalty when following-up in the Relkeel Hurdle back at Cheltenham on New Year’s Day.
Gordon Elliott may have a second string to Teahupoo in the race, but The Wallpark also has the option of the Pertemps Final. Young pretender Rocky’s Diamond, meanwhile, keeps on improving.
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 |
Galopin Des Champs | 8/15 (from Evs) |
Banbridge | 5/1 (from 4/1) |
Inothewayurthinkin | 8/1 (from 7/1) |
Monty’s Star | 14/1 (from 12/1) |
Corbetts Cross | 18/1 (from 14/1) |
Bar | 50/1 |
Dual winner Galopin Des Champs is ante-post favourite in the Gold Cup betting for a hat-trick in 2025. Willie Mullins’ star staying chaser came on a bundle for his reappearance third in the John Durkan when landing a second Savills Chase at Leopardstown over Christmas and third Irish Gold Cup.
A setback for 2024 Gold Cup runner-up Gerri Colombe five weeks before the Festival means King George VI Chase hero Banbridge is now clear second-favourite. Joseph O’Brien has past Festival winner on his hands available at ante post Cheltenham Gold Cup odds of 5/1 (from 16/1) now following his Kempton heroics on Boxing Day.
McManus supplemented Inothewayurthinkin, but still keeps Corbetts Cross, who won the National Hunt Case last season, as a second string. Brown Advisory Novices’ Chase runner-up Monty’s Star completes a shortlist of those with realistic hopes as the prices on offer.
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 |
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 |
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 |
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.