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Should Cheltenham favourites be avoided? Bookies vs Punters…who wins?

March 10th, 2020 Home, Horse Racing, Media & Journalism, News & Events

The Bookmakers are widely believed to enjoy Cheltenham, as they often they are perceived to do very well.

But how true is that? OddsMonkey has looked back over the last decade to see just how the Punters and Bookies fared at the biggest Festival in racing…

In 2019 we saw eight favourites win, which is around a 28% hit rate and we can reveal having looked back over the last decade – that is indeed the average for favourites at Cheltenham.

And that does mean that Cheltenham is someway beneath the average, when it comes to National Hunt racing the favourite wins on average around 34% of the time – so that is very different when it comes to Cheltenham.

Looking over the last ten years there have been 273 race winners, 79 were favourites meaning only 28.9% win.

 

CHELTENHAM FAVOURITES OVER LAST DECADE

SKY BET SUPREME NOVICES’ HURDLE
In last ten years how many winners? Two – 20%
RACING POST ARKLE CHALLENGE TROPHY NOVICES’ CHASE
In last ten years how many winners?  Six – 60%
ULTIMA HANDICAP CHASE
In last ten years how many winners?  One – 10%
UNIBET CHAMPION HURDLE CHALLENGE TROPHY 
In last ten years how many winners? Five – 50%
CLOSE BROTHERS MARES’ HURDLE  
In last ten years how many winners? Six – 60%
NORTHERN TRUST COMPANY NOVICES’ HANDICAP CHASE 
In last ten years how many winners? Two – 20%
NATIONAL HUNT CHALLENGE CUP AMATEUR RIDERS’ NOVICES’ CHASE
In last ten years how many winners? Three – 30%
BALLYMORE NOVICES’ HURDLE
In last ten years how many winners? Three – 30%
RSA INSURANCE NOVICES’ CHASE
In last ten years how many winners? Three – 30%
CORAL CUP HANDICAP HURDLE 
In last ten years how many winners? 0%
BETWAY QUEEN MOTHER CHAMPION CHASE 
In last ten years how many winners? Four – 40%
GLENFARCLAS CHASE (CROSS COUNTRY)
In last ten years how many winners? Two – 20%
BOODLES JUVENILE HANDICAP HURDLE (Fred Winter)
In last ten years how many winners? Two – 20%
WEATHERBYS CHAMPION BUMPER (STANDARD OPEN NATIONAL HUNT FLAT)
In last ten years how many winners? Two – 20%

Odds and stats accurate at time of writing 

Spokesman Peter Watton is available for further comment or one-on-one interviews on this subject or anything connected with a betting market – for more information please contact press@oddsmonkey.com

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