Bookie Expects Over £1 Billion Wagered at Cheltenham Festival

Bookie Expects Over £1 Billion Wagered at Cheltenham Festival

Last updated on March 20th, 2022 at 12:32 am

Cheltenham Festival 2022 will have 28 races. Thus, a bookie expects over £1 billion wagered across the event. However, bookie PPH operators would suffer losses if Honeysuckle and Rachael Blackmore win the feature race.

A PPH bookie software expert estimated that bookies could pay around £450 million if favorites win all races during the four-day festival. The expert explained that favorites win an average of 35 percent of races. However, the odds are less favorable when picking the winner in the Cotswolds.

Blackmore is the most famous jockey of Cheltenham Festival 2022. Paddy Power estimates a mind-blowing 25,000 wagers each minute during Cheltenham at its pinnacle. Also, more than one of every five punters wager on Blackmore to rehash her record-breaking week in 2021.

The female expert rider is 25/1 to ride six victors at the current festival. Paul Townend is the current favorite to be the top jockey in 2022.

Bookie Expects Over £1 Billion Wagered at Festival

Bookie Expects Over £1 Billion Wagered at Cheltenham FestivalConstitution Hill (9/4) and Jonbon (4/1) are likewise drawing the consideration of punters in front of the Supreme Novices Hurdle on Tuesday, while individuals are going in their droves to back Vauban (13/8) in Triumph Hurdle on Friday.

The large one on Friday sees top picks Galvin (10/3) and A Plus Tard (10/3).  Al Boum Photo (10/1) is another favorite for the big event.

All are vigorously supported by punters and could give the bookmakers a genuine blow if first over the line in Gold Cup toward the week’s end in this three-horse session.

In the fight for a champion coach at the festival, Irish coaches take up the best three spots in the wagering, with Willie Mullins driving the charge by far as the current leader (1/3) to be named the top coach, followed by Gordon Elliot (5/2) and Henry de Bromhead (9/1) a far way out behind.

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