Matched betting.

It’s the fastest way to make money online in the UK that I’ve ever used.

Helping me bank £10,000s in tax-free profits since 2012.

(Including more than £2,000 in a single month).

And the Cheltenham Festival is the most profitable matched betting event of the year.

But only if you know what you’re doing.

Which is why I’ve put together this Cheltenham Festival matched betting guide.

To help you maximise your profits in 7 steps.

This post contains affiliate links. This means that if you click a link and buy something, we might make money. This is at NO extra cost to yourself. But it helps to keep this website up and running. 🙂

What is the Cheltenham Festival?

The Cheltenham Festival is one of the highlights of the National Hunt racing calendar.

With prize money second only to the Grand National.

The Cheltenham Festival sees some of the best Irish and British trained horses race against each other over four days.

Featuring several Grade I races.

Including the Cheltenham Gold Cup, the Champion Hurdle, the Queen Mother Champion Chase, and the Stayers’ Hurdle.

When is the 2019 Cheltenham Festival?

The Cheltenham Festival is held every year in March at the Cheltenham Racecourse in Gloucestershire.

Often coinciding with Saint Patrick’s Day.

The dates for the 2019 Cheltenham Festival are as follows:

  • Tuesday 12th March 2019 – Champion Day;
  • Wednesday 13th March 2019 – Ladies Day;
  • Thursday 14th March 2019 – St Patrick’s Thursday;
  • Friday 15th March 2019 – Gold Cup Day.

The 2019 Cheltenham Festival Racecards

The racecards and schedule for the 2019 Cheltenham Festival is currently as follows:

Day 1: Champion Day

1.30 – Sky Bet Supreme Novices’ Hurdle.

2.10 – Racing Post Arkle Challenge Trophy Chase.

2.50 – Ultima Handicap Chase.

3.30 – UniBet Champion Hurdle Challenge Trophy.

4.10 – OLBG Mares’ Hurdle.

4.50 – The Close Brothers Novices’ Handicap Chase.

5.30 – The National Hunt Chase (Amateur Riders’ Novices’ Chase).

Day 2: Ladies Day

1.30 – Ballymore Novices’ Hurdle.

2.10 – RSA Chase.

2.50 – Coral Cup Hurdle (A Handicap Hurdle Race).

3.30 – Betway Queen Mother Champion Chase.

4.10 – Glenfarclas Cross Country Chase.

4.50 – Boodles Fred Winter Juvenile Handicap Hurdle.

5.30 – Weatherbys Champion Bumper (A Standard Open NH Flat Race).

Day 3: St Patrick’s Thursday

1.30 – JLT Novices’ Chase.

2.10 – Pertemps Network Final.

2.50 – Ryanair Chase.

3.30 – Sun Bets Stayers’ Hurdle.

4.10 – Brown Advisory & Merriebelle Stable Plate.

4.50 – The Dawn Run Mares’ Novices’ Hurdle.

5.30 – Fulke Walwyn Kim Muir Challenge Cup Handicap Steeple Chase.

Day 4: Gold Cup Day

1.30 – JCB Triumph Hurdle.

2.10 – Randox Health County Handicap Hurdle.

2.50 – Albert Bartlett Novices’ Hurdle.

3.30 – Magners Cheltenham Gold Cup Chase.

4.10 – St. James’s Place Foxhunter Chase Challenge Cup.

4.50 – Johnny Henderson Grand Annual Handicap Chase.

5.30 – Martin Pipe Conditional Jockeys’ Handicap Hurdle.

You can stay up to date with any changes to the Cheltenham Festival’s schedule here on The Jockey Club.

Where you can also purchase tickets to the Cheltenham Festival.

What is Matched Betting?

Matched betting leverages the lay markets on the Betfair Exchange.

Allowing you to qualify for the bookmakers’ free bets for ‘no-risk’ (excluding manual and unforeseen errors).

And then lock in a ‘guaranteed’ profit from the free bet.

I demonstrated this process step-by-step in my original Matched Betting Guide for Beginners.

How Much Money Can Be Made from the Cheltenham Festival?

A matched bettor with a single set of fully functional bookmaker accounts can expect to make a few £100s over the 4-day Cheltenham Festival on average.

This is because the bookmakers typically increase the volume of their promotions for Cheltenham.

And so give us more opportunity to claim and exploit their free bets.

Some users do report earnings into the £1,000s each year.

Leading many to ‘book time off work for Cheltenham’.

Because the relative hourly rate is better than what their job pays.

How to Bet On the Cheltenham Festival and Win in 7 Steps

Preparation is the key to success.

Hence why I’m posting this Cheltenham Festival betting guide a month in advance.

1: Learn the Basics of Matched Betting

Are you new to matched betting?

Then you MUST get the basics of matched betting nailed down WELL in advance of the Cheltenham Festival starting.

Cheltenham is chaotic.

Even for experienced matched bettors.

So, in order to minimise the chance of making a mistake.

Work your way through my Matched Betting Guide to build your confidence.

2: Open Your Bookmaker Accounts in Advance

It’s certainly true that by waiting until the start of the Cheltenham Festival.

You may be able to avail of some enhanced ‘welcome offers’.

But I recommend against this.

Instead, focus on completing as many of the bookmakers’ welcome offers as possible in advance.

Because you may discover that you can’t avail of their Cheltenham free bets.

If you’re stuck completing the rollover associated with the bookmaker’s initial offer.

Plus, you don’t want to be messing about with the KYC verification process whilst Cheltenham is on.

A matched betting service like OddsMonkey will show you how to make up to £1,000 from the bookmaker’s welcome offers with relative ease.

3: Master the Core Matched Betting Racing Offers

Got the welcome offers out of the way?

Now it’s time to focus on the bookmakers’ ongoing free bet offers.

These alone can earn you up to £500 or more each month.

But if you want to be able to clear this much over the 4-day Cheltenham festival.

You should spend some time mastering the ‘bread and butter’ horse racing matched betting offers that will likely feature extensively whilst the festival is on.

For example:

  • Extra-places;
  • Risk-free bets for winners;
  • Risk-free bets on losers;
  • Price boosts;
  • X-place refunds.


Full instructions for learning and applying these strategies can be found HERE in your OddsMonkey member’s area.

4: Manage Your Bankroll

You’ll want the bulk of your betting bankroll in your exchange accounts.

This way, you can take part in multiple offers concurrently.

You can also combine your liabilities when laying multiple horses on the same race on the betting exchange.

This will allow you to get the most out of your bankroll.

You’ll want to get your money out of your bookmaker accounts quickly if a lot of your selections start winning.

Skrill is the fastest way to do this.

(Don’t use PayPal though – they are known for closing your account for ‘gambling’ transactions).

Ideally, you’ll want to be coming into Cheltenham with a bankroll of at least £1,000.

You can still make money with less that this amount – but your profit potential will be limited.

Complete all of these sign up offers to boost your bankroll now.

5: Prioritise Value

There’s no point in tying up your bankroll with low-value offers.

Always go after the high-value, high-trigger percentage offers first.

These are typically the guaranteed ‘bet £X get £Y free bet’ offers.

Use of a matched betting calendar is essential for this.

6: Leverage Your Gubbed Accounts

Bookmakers will ‘gub’ you once you’ve claimed too many free bets.

Being gubbed means that you can’t claim any more free bets from that sportsbook.

But you can still profit from Cheltenham if you’re only ‘bonus banned’ and still able to place normal bets.


By placing each-way arbitrage bets.

This strategy allows you to lock in up to £10 or more from each race.

No matter the result.

You can use OddsMonkey’s Each Way Matcher software to find these types of ‘surebets’ for you:

Video credit: OddsMonkey

7: Use a Matched Betting Service

A matched betting service is the best way to learn matched betting.

And find the most profitable offers so that you can keep earning money every month.

I’ve used and reviewed just about every major matched betting service going over the years.

And I personally recommend using OddsMonkey if you’re new to matched betting.

Because they will teach you the basics for free.

And allow you to earn up to £45 during the process.

Plus, they have all the software, tools, resources, and support to help you maximise your profits from the Cheltenham Festival.

Find out more in my OddsMonkey review here.

Or click the button below to create your FREE OddsMonkey account now.

Get the Best Cheltenham Festival Betting Tips Here

Not keen on matched betting?

Prefer to gamble with an edge?

Then the alternative is to use a sports betting tipster to identify value bets.

More than £12,000 in Profit to Date

One tipster with an excellent track record is Quentin Franks Racing from the Betting Gods network.

Typically offering both ante-post Cheltenham betting tips.

And tips on the day of the racing.

Quentin Franks has amassed more than £12,000 in profit since he launched in 2014.

Check out my Quentin Franks Racing review here.

Or click the button below.

To start getting tips now.

Conclusion: Prepare and Execute

Regardless of your strategy.

The key to making money from the Cheltenham Festival is simple:

Prepare and take action.

This Cheltenham Festival betting guide should hopefully have given you a profitable template to work from.

Now it’s up to you to take action.

Cheltenham is the most profitable betting opportunity in the matched betting calendar.

Don’t let it pass you by.

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