Latest Cheltenham Odds & Prices

Adam Haynes

Betting Expert

Updated: 2 December 2025

Disclosure

We sometimes use affiliate links in our content, when clicking on those we might receive a commission - at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.

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.

Why Cheltenham Odds Matter

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.

Cheltenham Festival Odds

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.

Champion Hurdle Odds 2026

After a number of high-profile falls for Constitution Hill and State Man’s season-ending injury on the gallops, Lossiemouth is favourite. Connections agonised over whether to run here in the Mares’ Hurdle again or go for the Champion Hurdle in 2025.

Lossiemouth will never get a better chance of landing the big one, and her Cheltenham best odds for the Champion Hurdle of 2026 reflect that. She’s a three-time Cheltenham Festival winner and brings an unbeaten course record of four wins from four starts to the table.

New challengers await, however, with Nicky Henderson potentially substituting the younger Sir Gino for fallen star Constitution Hill. There is also The New Lion for Dan Skelton and JP McManus, who took a tumble in the Fighting Fifth.

Supreme Novices’ Hurdle second William Munny is also an obvious contender for owner-trainer Barry Connell. Here’s the ante post Champion Hurdle prices as of December 2025.

Outside the market leaders in the ante post Cheltenham odds for the Champion Hurdle, 2025 winner Golden Ace profited from falls by Constitution Hill and State Man, then something similar happened in the Fighting Fifth gifting Jeremy Scott’s mare another Grade 1 victory.

Willie Mullins also has the talented, but not straightforward Anzadam. Gordon Elliott tried running his best mare in Brighterdaysahead in the Champion Hurdle last season and she finished fourth, but Martin Pipe heroine Wodhooh keeps on improving.

While the Joe Tizzard yard isn’t a team you would associate with this hurdling division, Greatwood winner Alexei comes next in Cheltenham races odds for the Champion Hurdle. He could yet progress through the ranks from handicapper to graded performer, so watch this space.

Queen Mother Champion Chase Odds

Arkle flop Majborough joins the 2025 Queen Mother Champion Chase winner Marine Nationale as early joint-favourites for the Ladies Day feature on the Cheltenham schedule as Sir Gino could revert to hurdles.

Owner-trainer Barry Connell will again plot a campaign back to Prestbury Park and getting his horse to peak for the grand stage. Prior to their Tingle Creek showdown at Sandown, Il Etait Temps comes next for Willie Mullins ahead of Dan Skelton inmate L’Eau Du Sud.

Unless something emerges from left-field, it concerns these five in Wednesday’s Cheltenham race card feature. The Ryanair Chase winner in 2025, Fact To File, an owner-stable companion of Majborough for Mullins and JP McManus, is a Champion Chase outsider at this shorter trip, alongside the latter’s long-time favourite Jonbon.

Ryanair Chase Odds

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:

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 Gaelic Warrior. He impressed when landing the Arkle in 2024, but his subsequent record over fences suggests he could end up in the Gold Cup. Il Etait Temps is another from the Closutton camp with options.

Jango Baie is another Arkle hero with Ryanair Chase hopes with much depending on the King George at Kempton goes for him on Boxing Day. Similar comments apply to The Jukebox Man, an unlucky but gallant second in the 2024 Albert Bartlett.

McManus and Nicky Henderson could try Jonbon over a longer trip as he tries to end a Cheltenham Festival hoodoo. Betfair Chase hero Grey Dawning will likely have the Ryanair Chase and Gold Cup as his options for Dan Skelton.

Paddy Power Stayers’ Hurdle Odds

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:

Despite finishing second in 2025, Teahupoo remains prominent in the betting odds for the Stayers’ Hurdle this season. Gordon Elliott’s 2024 winner completed a sensational Stayers double that spring impressive victory at the Punchestown Festival six weeks later.

The bookies consider Ballyburn favourite, however, after he nearly ran Teahupoo down in the Hatton’s Grace at Fairyhouse. He’s more than a “failed chaser” and now looks a serious Stayers’ Hurdle contender for Willie Mullins.

JP McManus looks as though he’ll have a strong hand against the top two in the betting, however. Nicky Henderson’s improving Impose Toi has progressed out of handicaps, while Elliott inmate Honesty Policy joins Majborough in potential runners sporting the green and gold silks.

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 in 2025.

Baring Bingham second The Yellow Clay gives Elliott yet another bullet to fire at this division, meanwhile. Dan Skelton new recruit Kabral Du Mathan could bid to emulate Impose Toi after looking better than a mere handicapper with British contenders thin on the ground.

Cheltenham Gold Cup Odds

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:

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. Gaelic Warrior is also in the mix.

Martin Brassil has the talented but fragile Fastorslow on the comeback trail, while Grey Dawning skipped the 2025 Cheltenham Festival in favour of Aintree and won Haydock’s Betfair Chase without coming off the bridle.

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.

Cheltenham Top Trainer Odds

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:

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.

Cheltenham Top Jockey Odds

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:

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.

Cheltenham Odds for the Prestbury Cup

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.

Most Popular Horses According to Cheltenham Ante Post Markets

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.

Factors That Influence Cheltenham Betting Odds

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.

FAQs

Adam Haynes

Betting Expert

Our betting expert Adam Haynes helped set up the CheltenhamBettingSites. Adam helps us determine the best betting sites for Cheltenham and breaks down some of the top wagers you can place on key races. His broad knowledge and expertise are vital to our success.

View all posts by Adam Haynes