The Cheltenham Festival 2023 (Tuesday 14th March until Friday 17th March) is one of the biggest horse racing events of the year in the UK and is therefore also one of the most profitable times of the year for anyone Matched Betting - no matter if you're quite new to it or really experienced.

See:&nbsp;<a href="https://outplayed.com/news/front-page/how-much-could-you-make-at-cheltenham" target="_blank">Matched Betting Cheltenham: How much could you make?</a>

Throughout the Cheltenham Festival, the bookies will be pushing very competitive odds, loads of free bet offers, money back specials, price boosts and more extra place races, with ‘extra’ extra places. With such a quantity of quality offers being pushed it will definitely pay off to be as prepared as you can.

See:&nbsp;<a href="https://outplayed.com/news/matched-betting/how-to-prepare-for-cheltenham" target="_blank">Matched Betting Cheltenham: How to prepare</a>

See:&nbsp;<a href="https://outplayed.com/news/matched-betting/cheltenham-around-a-full-time-job" target="_blank">Make the Most out of Cheltenham Around Your Full-time Job</a>

See:&nbsp;<a href="https://outplayed.com/news/matched-betting/10-tips-for-cheltenham" target="_blank">New to Matched Betting? Top 10 Tips for how to Make the Most out of Cheltenham</a>

See:&nbsp;<a href="https://outplayed.com/news/matched-betting/cheltenham-festival-daily-routine" target="_blank">Daily Routine To Help Make The Most Of Matched Betting Cheltenham</a>

In this article, we're going to share a few general tips on Matched Betting the Cheltenham Festival. Anyone completely new to Matched Betting, relatively new to Matched Betting, or who has never done Matched Betting during a horse racing festival will hopefully find this article very helpful.

Cheltenham Festival 2023 Races, ITV Races and Highlights

When Matched Betting any horse racing festival, such as Cheltenham, it’s extremely useful to have at least a rough idea of the&nbsp;<a href="https://www.thejockeyclub.co.uk/cheltenham-festival/event-schedule/" target="_blank">daily race schedules</a>, which races will be shown on ITV and which races are considered to be the ‘highlight’ for each day.

Although the bookmakers often run offers for us to profit from throughout the day many tend to focus key offers on the first race of the day or the ‘highlight’ race(s) of the day. It can also be the case that certain bookies also push offers on races they're sponsoring.

By knowing the schedule you can also plan your day better for Matched Betting.&nbsp;<a href="https://outplayed.com/news/matched-betting/cheltenham-around-a-full-time-job" target="_blank">This is especially useful for those working full-time and Matched Betting.</a>

The Cheltenham Festival is such a big event in the racing world that 6 of the 7 races, on all days, will likely be shown on ITV.

13:30 The Sky Bet Supreme Novices' Hurdle (Grade 1) 
14:10 The Sporting Life Arkle Challenge Trophy Novices' Chase (Grade 1) 14:50 The Ultima Handicap Chase&nbsp; 15:30 The Unibet Champion Hurdle Challenge Trophy (Grade 1) - Highlight Race 
16:10 The Close Brothers Mares' Hurdle&nbsp; (Grade 1) 
16:50 The Boodles Juvenile Handicap Hurdle&nbsp; 
17:30 The National Hunt Challenge Cup Amateur Jockeys' Novices' Chase&nbsp;

13:30 The Ballymore Novices' Hurdle (Grade 1) 
14:10 The Brown Advisory Novices' Chase (Grade 1) 14:50 The Coral Cup Handicap Hurdle&nbsp; 15:30 Betway Queen Mother Champion Chase (Grade 1) - Highlight Race 
16:10 The Glenfarclas Chase (A Cross Country Chase) 
16:50 The Johnny Henderson Grand Annual Challenge Cup Handicap Chase&nbsp; 
17:30 The Weatherbys Champion Bumper (A Standard Open National Hunt Flat Race) (Grade 1)

Thursday, 17th March 2022 - St Patrick's Thursday

13:30 The Turners Novices' Chase (Grade 1) 
14:10 The Pertemps Network Final Handicap Hurdle&nbsp; 14:50 The Ryanair Chase (Grade 1) - Highlight Race 15:30 The Paddy Power Stayers' Hurdle (Grade 1) - Highlight Race 
16:10 The Magners Plate Handicap Chase&nbsp; 
16:50 The Jack de Bromhead Mares Novices’ Hurdle 
17:30 Fulke Walwyn Kim Muir Challenge Cup (sponsored by the JRL Group) Handicap Steeple Chase&nbsp;

Friday, 18th March 2022 - Gold Cup Day - Highlight Day!

13:30 The JCB Triumph Hurdle (Grade 1) 
14:10 The McCoy Contractors County Handicap Hurdle&nbsp; 14:50 The Albert Bartlett Novices' Hurdle (Grade 1) 15:30 The Boodles Cheltenham GOLD CUP Chase (Grade 1) - The BIGGEST Highlight Race of the Festival 
16:10 The St. James's Place Festival Challenge Cup Open Hunters' Chase 
16:50 The Mrs Paddy Power Mares' Chase (Registered As The Liberthine Mares' Chase) (Grade 2) 
17:30 Martin Pipe Conditional Jockeys' Handicap Hurdle

TIP 2 - Don't miss out on a single offer!

Warning

Missed offers mean missed profits - be sure not to miss out on anything.

There will be a lot going on over the 4 days of the festival. To be certain you don't miss a thing, we recommend doing all of the following...

1) Bookmark the Daily Cheltenham Reload Offer Index Pages&nbsp; This can save you so much time! All you need to do is open each of the pages listed below right now and save them to your bookmark bar on your browser:

(**LINKS LIVE EVENING BEFORE EACH RACE DAY**)

<a href="https://outplayed.com/offers/reload-offers/cheltenham-day-1-index" target="_blank">Cheltenham Day 1 Index</a>: An index of offers for Day 1 of the festival (live from 8th March)

<a href="https://outplayed.com/offers/reload-offers/cheltenham-day-2-index" target="_blank">Cheltenham Day 2 Index</a>: An index of offers for Day 2 of the festival (will go live evening of the 15th March)

<a href="https://outplayed.com/offers/reload-offers/cheltenham-day-3-index" target="_blank">Cheltenham Day 3 Index</a>: An index of offers for Day 3 of the festival (will go live evening of the 16th March)

<a href="https://outplayed.com/offers/reload-offers/cheltenham-day-4-index" target="_blank">Cheltenham Day 4 Index</a>: An index of offers for Day 4 of the festival (will go live evening of the 17th March)

For each day of the festival you can then directly get to the main list of available offers in seconds.

As each day ends you can also remove them off your bookmark bar.

2) Check your emails and texts regularly throughout the day: Watch out for private or invite-only offers from the bookies coming directly to you. They can sometimes send them just an hour or so before a specific race so it can be worthwhile checking for these throughout the day when you have a minute or two spare.

If you receive this type of offer during Cheltenham (or any other time too!) and you're not sure if it's worthwhile doing or not - the best place to&nbsp;<a href="https://forum.outplayed.com/topic/47057/is-this-offer-worth-doing-sports" target="_blank">ask is in the forum on the topic "Sports - Is this offer worth doing?"</a>.

If you receive this type of offer and you know it's worth doing and have not already seen it anywhere on Outplayed then also don't forget to let other members know in case they got it too. You can do this in the forum in the&nbsp;<a href="https://forum.outplayed.com/category/85/offers-posted-by-members-sports" target="_blank">"Offers posted by members section"</a>.

3) Follow the OffersTeamOP on the Forum: This is essential for making top profits from reloads and we highly recommend doing it if you're not doing so already.

Open the forum then&nbsp;<a href="https://forum.outplayed.com/user/offersteamop" target="_blank">go to ‘OffersTeamOP’ here</a>

Then click the green plus sign to follow the team and you’ll see every offer that they post in the forum and get a notification pop up each time they do.

4) 'Watch' the following Forum threads: Another essential really!

The topics we recommend to watch for great profits over Cheltenham include:

By selecting the ‘Not Watching’ button on the topic and switching it to ‘Watching’

You will then get notifications pop up every time there is a new post in that topic.

Here’s an example of notifications coming from the Price Boost topic:

TIP 3 - Make sure you're 0% commission is active

We already mentioned this in the&nbsp;<a href="https://outplayed.com/news/matched-betting/how-to-prepare-for-cheltenham" target="_blank">'How to Prepare for Cheltenham'</a>&nbsp;article - but this is so vitally important to do it's worth us mentioning it again!

<a href="https://outplayed.com/news/matched-betting/smarkets-0-commission" target="_blank">If you haven't already please follow this guide</a>&nbsp;to get 0% commission at Smarkets.

If you haven’t signed up to Matchbook yet,&nbsp;<a href="https://outplayed.com/offers/sportsbook-signup-offers/matchbook-0-commission-10-free-bet" target="_blank">follow this guide here</a>&nbsp;to get 0% commission there too.


TIP 4 - Stick to what you know and can do well

Don't be tempted to jump in on the more advanced offers too soon

We all know experienced members will be smashing the&nbsp;<a href="https://outplayed.com/news/horse-racing/matched-betting-extra-places-part-1-the-basics" target="_blank">Extra Places</a>&nbsp;out over the Cheltenham Festival and you will undoubtedly see members sharing their 'EP Booms' when their horses hit and make them potentially hundreds of pounds in one go.

If you have not already been practicing Extra Place Offers before Cheltenham and read ALL the guides and tips on how to do them, at this point in time, so near the start of the festival don't decide to suddenly start trying to do them. Although highly profitable they are an advanced type of Matched Betting offer and need a fair bit of time to learn and master.

They are profitable to do all year round - so you really don't need to feel like you're missing out by not doing them. You can learn them later once you're experienced with other horse racing offers and then be ready to smash them as an experienced member at next year's Cheltenham instead.

Cheer those horses to come in 2nd, 3rd or 4th! :)

If you're hitting the horse racing refund offers (also known as the&nbsp;<a href="https://outplayed.com/news/horse-racing/matched-betting-horse-racing-money-back-if-x-offers" target="_blank">Money Back if X Offers</a>) or similar do try to&nbsp;<a href="https://www.facebook.com/groups/outplayedofficial/" target="_blank">find the time to share with the community on Facebook</a>&nbsp;which horse you're cheering on to place so you can get your free bet!

One of the best things about Matched Betting is that it can often be fun too - so don't forget that!

To avoid making any mistakes and/or stressing yourself out unnecessarily we do recommend that you get familiar with what to do if you have an&nbsp;<a href="https://outplayed.com/news/matched-betting/matched-betting-unmatched-or-partially-matched-bets" target="_blank">unmatched/partially matched bet</a>&nbsp;and also&nbsp;<a href="https://outplayed.com/calculators/fixabet-calculator/" target="_blank">practice using the Fixabet calculator</a>. If you do go astray though don't forget you have our entire support team plus thousands of experienced members all here to help you anytime via the Forum and our Facebook Group.

Need a helping hand with Matched Betting at Cheltenham?

Our&nbsp;<a href="https://www.facebook.com/groups/outplayedofficial/" target="_blank">Facebook Group</a>, which has over 50,000 members, is a great place to ask for help and ask questions, especially if you are new to Matched Betting.&nbsp;

Alternatively you can also&nbsp;<a href="https://outplayed.com/contact" target="_blank">contact us directly</a>&nbsp;for support too.

Interested in Getting Started Matched Betting?

You can&nbsp;<a href="https://outplayed.com" target="_blank">start learning for free with our free trial and make your first profits</a>.

Matched Betting is not an alternative to employment or a solution to financial concerns. Profits can vary&nbsp;dramatically based on time and effort.

Andrea

Matched Betting Cheltenham: Race Schedule & Tips

If you're a horse racing fan, there's a good chance you have at least some familiarity with form. Whether you know the basics, or are more interested in learning about bet odds, form is an essential part of any horse race enthusiast's toolbox. It can be tough to put together a complete picture of how form affects race outcomes.

Fortunately, form reading is a relatively easy task once you know where to look. This article will look at how to read horse racing forms and offer tips on improving your skills.

To read racing form, you’ll need to be familiar with the various blocks of text containing information about races, horses, and riders. Each text block has its own instructions that help you read and understand the race form.

You may see the form represented via letters and numbers, and to work out the form, you'll need to know what each letter and number means. The below outlines the code used to ascertain a horse's previous performance:

1-9

The position the horse finished in a race

Finished outside the top 9

The horse pulled up (reined in as the horse may be too tired/injured, or the horse may simply stop running)

The horse fell

The horse slipped up

There was a refusal to enter the paddock or run the race itself

The horse was brought down

The horse unseated the jockey

Separates the years, i.e. left of this is from the previous year, e.g. Dec 01 - Jan 02

Separates racing seasons, i.e. left of this is from the season before last

BD

Indicates another runner brought the horse down

BF

Stands for the beaten favourite and indicates a horse was favourite for a race but did not win

CD

Indicates a horse has won over course and distance

So, in this example; 2-42F1 The horse gained second place, took a break from racing, then earned fourth place, got another second, and fell in the next race, and its latest result was a win.

Once you understand how racing forms work, it's helpful to practice reading them regularly to better understand what is happening during races and when certain sections of the form are relevant.

If you're trying to read racing form accurately, it's important to develop good reading fluency. This means being able to understand and quickly process information in racing forms. To do this, practice reading race forms regularly and make sure you use a good race form calculator to help you get an accurate understanding of the overall race.

Another time you may come across specific terminology like the above is when looking at the distances of a horse race (which is a factor in horse selection).

You must be familiar with the various units of measurement and the required conversions in order to comprehend horse racing distances completely. The table below lists the race distances covered in all horse races held in the UK and Ireland. The adjacent columns list the number of furlongs and yards that make up each distance.

Horse races on the flat start at five furlongs for two-year-olds and sprinters up and go up to two and three-quarter miles for stayers. Horse races are measured in both miles and furlongs (1 mile (m) = 7.99 furlongs (f). Example race distances:

1m1f

1980

3m3f

27

5940

20

4400

Finally, it can be helpful to use a race form calculator to get an idea of what is happening in each race. By using this tool, you'll be able to better understand the process and make better decisions regarding your bets.

Horse Racing is a fun and excitement-filled sport. By understanding racing form you can read race cards accurately and effectively.

Check out some other articles below based on some of the common questions we receive as well as our <a href="https://www.outplayed.com/matched-betting-tools/">betting calculators</a>, which help you make the most profitable bets and increase your betting earnings.

Start Earning Money Today With Matched Betting For FREE. That's right, you can earn money via <a href="https://www.outplayed.com/">Outplayed</a> today by <a href="https://www.outplayed.com/free-trial">clicking here for your free trial</a>.

How To Read Form In Horse Racing

Ever placed a lucky 15 bet? They can be a great method to cover all a number of combinations (doubles, trebles, and four-fold) and the addition of four singles as insurance in the event that only one pick comes in if you have four selections in different events and you think each of them will win. Check out or article on lucky 15 bets, how to work them out and their advantages in betting;

A lucky 15 is a bet that cosists of four singles, six doubles, four trebles, and one four-fold accumulator. These together, make up a Lucky 15 bet , which are 15 equal bets of equal value on choices in four different events. Following is a breakdown of the 15 wagers:

– 1 fourfold accumulator

– 4 trebles, with each treble omitting one of your selections

– 6 doubles, again covering every possible combination

– 4 singles

You only need one selection to win in a Lucky 15 to get a return. Your returns can increase significantly with each additional winner thanks to the doubles, trebles, and four-fold. It is a wager that punters who bet on horse racing most frequently place.

A Lucky 15 covers all a number of combinations (doubles, trebles, and four-fold) and the addition of four singles as insurance in the event that only one pick comes in if you have four selections in different events and you think each of them will win.

Using a Lucky 15 calculator is the easiest way to calculate your potential returns, but in the absence of a <a href="https://outplayed.com/news/matched-betting/matched-betting-calculators/">calculator</a> allow the below guide to work it out manually;

Singles: decimal odds x stake = return (inc stake)

Doubles: selection 1 odds x selection 2 odds = return (inc stake)

Trebles: selection 1 odds x selection 2 odds x selection 3 odds = return (inc stake)

Fourfold: selection 1 odds x selection 2 odds x selection 3 odds x selection 4 odds = return (inc stake)

What are the advantages and disadvantages to lucky 15s?

The biggest disadvantage of a Lucky 15 bet is that the stake is the same for all 15 bets (the unit stake). This means you won't be able to customise your staking based on which of your options you want.

Alternatively, you can add all of the bets to your betting slip separately. This would allow you to bet more on the singles and multiples that feature your most favoured picks and less on the ones that include long shots.

If you've narrowed down your betting choices to four, a Lucky 15 bet could be the best method to make a return - even if one or two of them don't pan out. If you have four short-odds selections, a Yankee may be a better multiple than a Lucky 15, as the individual single bet returns may not be significant. Ever tried a lucky 15 or a Yankee bet?

Which Sports Are Eligible for a Lucky 15?

Contrary to popular belief, Lucky 15 wagers are not only permitted on greyhounds or in racing. It is basically a Yankee bet with the addition of 4 singles, so you can place a Lucky 15 on anything you like. This style of betting has nothing special to offer.

Even better, mix it up. Therefore, in theory, you could host a horse race, tennis match, football game, or rugby match.

Football betting is very popular with lucky 15s. Why not try choosing 4 draws, correct scores, or goal scorers instead? By doing this, you'll discover that you can still make a return even if only two of your picks are successful. Remember to calculate your winnings using our Lucky 15 calculator as well.

The win wagers on horse racing are the most common lucky 15s bets. Many online <a href="https://en.wikipedia.org/wiki/Bookmaker">bookmakers</a> offer odds that are doubled or tripled, so you only need to pick one of the four horses to finish first to make a return.

How many winners are required for a Lucky 15 to win?

On a Lucky 15, only one winning pick is required to ensure a return.

Of course, the more you have, the better and the greater the return; however, you can still get a return with just one winner or place.

Do all horses need to win on a Lucky 15? is a common wagering query. Additionally, one selection that wins or places can earn you a return because the bet, unlike a Yankee, includes singles.

You can also calculate your winnings using our Lucky 15 calculator (which is free).

What transpires if a non-runner is included in a Lucky 15?

Your wager will still be placed with the other three selections if there is a non-runner in a Lucky 15.

If you place a Lucky 15s wager and one of your chosen runners does not finish, the wager will stand on the rest of your chosen runners. Any single wagers on non-runners will therefore be void. The Accumulator will now be a Treble, and the Double bets that include a non-runner will change to Singles, Treble bets, and Double bets, respectively.

The lucky fifteen bets will still be valid and proceed, but the odds will be calculated without taking into account non-runners. Because of this, there will be fewer multiple bets, so rule 4 won't necessarily be applied.

The amount of the <a href="https://outplayed.com/offers/refund-offers/coral-bet-5-get-potential-2-casino-bonus/">bonus</a> on a Lucky 15 depends on the bookmaker, but they frequently double or even triple the odds if there is only one winner (sometimes called a bonus one winner consolation).

The bonuses offered by the various sports betting companies are listed below:

This varies from bookmaker to bookmaker.

Using our free Lucky 15 calculator is the simplest way to determine a Lucky 15. Simply enter the bet information, and everything will be taken care of.

You can figure it out on your own, but figuring out four singles, six doubles, four trebles, and a four-fold accumulator can be challenging. And that's before any non-runners, a rule-4 deduction, bookmaker bonuses, or a dead heat are taken into account!

That's about all the information you need to know on each-way betting. Found this article useful? We have similar ones in our <a href="https://www.outplayed.com/news/" target="_blank">blog.</a>

Read about&nbsp;<a href="https://outplayed.com/calculator/" target="_blank">matched betting profit accumulator</a>,&nbsp;<a href="https://outplayed.com/what-is-lay-betting-or-laying" target="_blank">how does lay betting work</a>,&nbsp;<a href="https://outplayed.com/each-way-calculator-guide" target="_blank">each way betting calculator</a>&nbsp;and&nbsp;<a href="https://outplayed.com/what-is-hedging-or-hedge-betting" target="_blank">hedging meaning</a>

Ever placed a lucky 15 bet?  They can be a great method to cover all multiple combinations. Here's how to work out a lucky 15 bet properly.

How To Work Out A Lucky 15

Ever see the word SP in place of the odds at the horse racing and wonder what it stands for?  Well, 'SP' is a betting term that stands for starting price (no not shortest price), which means the price on the horse when it starts the race, hence the name.  Most betting sites offer their current price odds as well as SP on horse racing, the price of which is regulated.  Here's some more information;

When you see the letters 'SP' on race day you’ll have the chance to choose either the starting price or the fixed odds. While there are benefits to choosing the starting price, you are usually guaranteed the best available horse racing odds.  For example, if you back a horse at 8/1 but it starts the race, and wins, at 10/1, you’ll be paid out at 10/1.

In the UK, The <a href="http://www.thesprc.org">Starting Price Regulatory Commission</a> (SPRC) is the organisation tasked with ensuring the integrity and correctness of starting prices within horse racing betting. The SP is used to settle bets on British &amp; Irish horse racing that are placed with traditional bookmakers in betting shops or online. The Commission's role is to make sure that the returning price appropriately reflects the price available to bettors at the race's start.

In each country where horse racing takes place, the starting price, or SP, is computed differently, but on-course bookmakers' pricing data from racetracks will be monitored by the SPRC.

Also get more information about the&nbsp;<a href="https://outplayed.com/oddsmatcher" target="_blank">oddsmatcher tool free</a>

When you bet on horse racing on most betting sites, you'll normally be given the option of backing a horse at fixed odds or the SP.  Online bookmakers usually guarantee the best (highest) odds on all UK and Irish horse races.

Using SP can be a useful thing when you think a horses price may not be the same when the race starts or when your bet isn't eligible for 'best odds guaranteed'.

The SP is important to both bookmakers and bettors. Bookmakers use it to calculate forecast amongst many other bets, and some even factor it into their payouts. The SP favourite may substitute non-runners for bettors in certain multi-leg system bets. Previous SP price can also be used to predict a horse's prospects in a race. While it is critical to examine a horse's previous performance over similar distances or on a specific course, historical prices can also be used as a predictor of future performance. 

It's also worth remembering that odds are volatile in the days leading up to a race, and prices swing in response to the market. The volume of bets placed at this time may have a substantial impact on a horse's final odds in various situations. When best odds guaranteed offers aren't available, betting on the SP might be interesting, especially if you're interested in a runner whose odds have drifted by the time the race starts.

That's about all the information you need to know on horse racing bet starting prices. Found this article useful? We have similar and expanded ones in our <a href="https://outplayed.com/news/">blog</a>.

Start Earning Money Today With Matched Betting For FREE. That's right, you can earn money via Outplayed today by <a href="https://www.outplayed.com/free-trial">clicking here for your free trial</a>.

Read about&nbsp;<a href="https://outplayed.com/what-is-hedging-or-hedge-betting" target="_blank">hedging calculator</a>,&nbsp;<a href="https://outplayed.com/each-way-calculator-guide" target="_blank">each way acca calculator</a>&nbsp;and&nbsp;<a href="https://outplayed.com/what-is-lay-betting-or-laying" target="_blank">what is a lay bet</a>

What does SP Mean In Horse Racing? We cover the definition of SP or starting price, it regulatory organisation and its place in horse racing.

What Does 'SP' Mean In Horse Racing

There are going to be lots of betting opportunities up for grabs during the Grand National &amp; Aintree Festival 2022.

Depending on whether you are new to Matched Betting or a bit more experienced will determine how you should approach this festival.

(For members who are new to Matched Betting or still working through the signup offers)

If you’re quite new to Matched Betting it can be easy to get overwhelmed with what to do first.

Don’t worry though as we’re here to help you!

Here's a useful strategy guide for how you could approach the festival:

(For members who have completed all signup offers and have moved on to and working on Reload offers)

If you’d like to ask our members how much you could make Matched Betting, or about how much time they spend Matched Betting and similar topics, then our <a href="https://www.facebook.com/groups/outplayedofficial" target="_blank" rel="noopener">Facebook Group</a> is a great place to do so. There are over 40,000 new and long-term members in the group. It's an amazing resource to take advantage of for any beginner!

You can <a href="https://www.profitaccumulator.co.uk/" target="_blank" rel="noopener">start learning for free with our free trial</a>

<a href="https://www.profitaccumulator.co.uk/platinum-upgrade/" target="_blank" rel="noopener">Alternatively, upgrade to our Platinum Membership here</a>

Showing Horse Racing Posts