The 2018 Cheltenham Festival is set to take place in a couple weeks at Cheltenham Racecourse in the UK. The Festival is a huge betting event in the United Kingdom and this year there are 28 races scheduled to take place, which means a lot of great betting opportunities for horse racing punters.
I know there are a lot of dedicated horse racing fans here in Canada who follow and bet on the Cheltenham Festival races each year so I wanted to add this article to provide a simple 3 step guide to betting on The Festival at a Canadian facing betting site.
Bet On The Cheltenham Festival in Canada – 3 Step Guide
Follow this three step guide to bet on the Cheltenham Festival online. I recommend using either Bodog or Bet365 to place your Cheltenham Festival bets this year. Both sportsbooks are well respected in the industry, focus on the Canadian market and offer both race day and futures wagers on each of the Cheltenham Festival races.
Step 1. Open an Online Betting Account
I personally have already placed some Cheltenham Festival bets at Bodog.eu. They are one of our top rated betting sites for Canadians and they have fixed odds betting already available for each of the Cheltenham Festival races. They also offer a solid $200 first deposit bonus and accept bitcoin, which has become the currency of choice for most sports bettors.
Once at the site click the ‘Join Now’ link and complete the registration form to open an account.
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Bet365 is another great sportsbook for betting on the Cheltenham Festival. You can see there current offering here:
Step 2. Deposit
Bodog accepts Visa, MasterCard and bitcoin deposits. To withdraw your winnings you can either select bitcoin or couriers cheque. Check out our deposit methods page for more information on these banking options.
Step 3. Place Your Cheltenham Festival Bets
It’s now time to place your bets! If you are placing bets prior to race day you can do so in the Sports section of the site. These odds will be fixed (they won’t change) and you can find the bet offerings by selecting ‘Horse Racing Futures and Props’ in the left sidebar of the sportsbook.
Here’s a screenshot of the Cheltenham Gold Cup race to give you an idea of what to look for:
On race day it is best to place your bets through the Horses section of the Bodog website. Once in the Horses section you can select the ‘Today’s Tracks’ drop down menu and select Cheltenham Racecourse. This will bring up all of the races for that day.
**It’s important to remember that bets placed in the Racebook will use the parimutuel betting system. This means the odds can change depending on the bets that come in on each horse leading up to the start of the race.
If you’re new to betting on the horses I suggest checking out our horse racing section to find some articles to help you get started.