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The Most Popular Bet Types at the Cheltenham Festival

The Cheltenham Festival is one of the most popular and exciting events on the horse racing calendar. Not only does it attract a passionate crowd, but it is also incredibly popular with punters – offering a plethora of betting opportunities.

From the more experienced bettor to those who make this a ‘once a year’ bet, the festival offers all sorts of horse racing bets, each with its own appeal – which you’ll find right here at

Let’s take a look at some of the most popular types of Cheltenham Gold Cup betting options.

1. Win Bet

The win bet is the simplest and most straightforward of bets – and the one that the less experienced punters tend to opt for. Essentially, a Win Bet is simply a prediction on which horse you think will cross the finish line first. You just need to do your research – and try to predict which horse you believe will win its respective race, and if your chosen steed wins, so will your bet. If you go for an outsider, this could pay out some pretty big bucks!

2. Each-Way Bet

Another popular bet for less-experienced punters is an Each-Way Bet, which basically combines two wagers: a Win Bet and a Place Bet. You effectively bet on your chosen horse to win and also finish in the top positions (usually 2nd, 3rd, or 4th, depending on how many horses are running). This type of bet provides a bit of a safety net – and it ensures a return even if your chosen horse doesn’t win but does well.

3. Place Bet

Then we have a Place Bet, which involves trying to pick a horse that you think will finish in one of the top positions (usually 2nd, 3rd, or 4th) – and it doesn’t need to win to get a return. Although the odds are basically lower than for a Win Bet, your chance of winning is higher.

4. Forecast Bet

Forecast Bets require you to predict the first and second-place finishers in a race – in the correct order. This bet involves research and precision, but it can offer some seriously attractive odds, making it an excellent choice for anyone looking for a more challenging bet.

5. Tricast Bets

Expanding on the Forecast Bet, we have the Tricast bet, which involves predicting the first three horses in the correct finishing order. To be successful, this bet requires a very deep understanding of the field and, as such, it is known for its higher risk and reward compared to the Forecast.

6. Lucky 15

A Lucky 15 is a combination bet that includes four selections in four different races. It consists of 15 separate bets made up of four singles, six doubles, four trebles, and a fourfold accumulator. This type of bet provides quite a lot of flexibility – because even if some of those selections fail, you could still get a solid payout.

7. Accumulator Bet

An Accumulator, or an Acca as some prefer to call it, involves combining several different selections into one single bet. However, all of your chosen horses will need to win for your bet to be successful. While the potential returns can be seriously huge, the risk is also very high as each added selection increases the difficulty of winning the wager.

8. Trixie Bet

A Trixie Bet is made up of three different selections, resulting in four bets – three doubles and a treble. This bet provides plenty of coverage – and returns are generated if at least two of your selections are successful.

9. Patent Bet

A Patent Bet involves placing seven bets on three selections – made up of three singles, three doubles, and one treble. This type of bet provides even more coverage – and you can get a return even if only one selection is successful.

10. Placepot Bet

The Placepot is a pool bet where your job is to select horses to place in the first six races of a meeting. If all your selected horses place, then you’ll get a share in the Placepot pool. This bet requires some seriously strategic thinking and is famous for its potential to make you exceedingly rich, if you’re lucky enough for it to come in.

So, there you have it. If you are thinking about betting on the Cheltenham Festival, then why not go for one of these options? Whether new or experienced, you can find a bet that is perfect for your experience and risk tolerance.