The Festival opens in breathtaking style with the Champion Hurdle headline act — plus six more championship contests across the Old Course.
There is no more electric opening to a sporting festival in the British Isles than the first race of Cheltenham's Champion Day. As the tapes rise for the Sky Bet Supreme Novices' Hurdle, the famous Cheltenham Roar erupts from 70,000 throats — and the Festival is off.
Champion Day, the first of four extraordinary days at Cheltenham Racecourse, is anchored by the Champion Hurdle Challenge Trophy — the most prestigious two-mile hurdle race in the world. But the action begins well before that, with the Supreme Novices' Hurdle and Arkle Challenge Trophy both Grade 1 contests that attract the very best novice horses from Britain and Ireland.
The day also features the Ultima Handicap Chase — one of the most competitive and punter-friendly races of the entire Festival — along with the Mares' Hurdle, the National Hunt Chase for amateur riders, and the Festival Hunters' Chase. For bettors, Champion Day offers a perfect mix of clear form lines in the championship races and genuine value in the handicaps.
The betting markets for Champion Day open many months in advance, with the Champion Hurdle ante-post market typically forming in the summer following the previous season's key trials. By March, the market is usually dominated by one or two leading Irish-trained contenders, though upsets are far from rare in this testing two-mile test.
| # | Race Name | Distance | Class / Grade | Type |
|---|---|---|---|---|
1 |
Sky Bet Supreme Novices' Hurdle |
2m ½f | Grade 1 | Novices' Hurdle |
2 |
Arkle Challenge Trophy Novices' Chase |
1m 7f 199y | Grade 1 | Novices' Chase |
3 |
Ultima Handicap Chase |
3m 1f | Grade 3 | Handicap Chase |
4 |
Champion Hurdle Challenge TrophyFeature |
2m ½f | Grade 1 | Championship Hurdle |
5 |
Mares' Hurdle |
2m 1f | Grade 1 | Mares' Hurdle |
6 |
Festival Hunters' Chase |
3m 2f | Listed | Hunters' Chase |
7 |
National Hunt Challenge Cup Amateur Riders' Novices' Chase |
3m 5f | Grade 2 | Amateur Novices' Chase |
The Supreme Novices' Hurdle is the race that launches the entire Cheltenham Festival and provides the first clue as to which side of the Irish Sea has brought its best horses to Gloucestershire. Run over an unforgiving two miles with eight flights of hurdles on the Old Course, the Supreme is a race that demands both pace and jumping accuracy.
Historically, the race has been dominated by horses with strong bumper form — particularly bumper winners from the big Flat-bred Irish yards — who transition quickly and efficiently to hurdles. Willie Mullins has trained a remarkable proportion of recent winners, and his team invariably arrives at the Festival with multiple live contenders in the Supreme.
Betting Approach: The Supreme market can be deceptive. A strongly-fancied favourite often goes off at a short price that reflects stable confidence rather than significant form superiority over the field. Look for value among the British-trained runners at bigger prices, especially those who have won on testing ground at good tracks like Ascot or Kempton.
The Arkle Challenge Trophy is the two-mile novice chasing championship and one of the most exciting spectacles of the entire Festival. Named after the legendary triple Gold Cup winner Arkle, the race demands that young chasers display brave jumping at high speed around one of the most testing tracks in National Hunt racing.
In recent years, the Arkle has showcased some of the most talented young chasers seen in a generation. Horses who have dominated their novice campaigns over hurdles before switching to fences often appeal here, though it is important to assess how well they have adapted to the bigger obstacles. A flawless jumping round over Cheltenham's fences is absolutely essential for success.
Betting Approach: The Arkle often polarises the market between a short-priced favourite and a largely ignored field. The risk with favourites is that even a small jumping error at Cheltenham pace can cost vital ground. Consider whether the market leader has faced enough genuinely high-quality opposition during the season to warrant a short price.
The Ultima Handicap Chase is one of the most popular betting races of the entire Festival — a cavalry charge over three miles and one furlong with fields regularly exceeding 20 runners, producing a cacophony of noise from the grandstands that rivals even the championship contests for pure excitement.
As a Grade 3 handicap, the Ultima provides excellent opportunities to find value. The race is run at a ferocious gallop, placing a premium on stamina, jumping efficiency and — crucially — positioning throughout the race. Horses who can travel comfortably in mid-division before producing a late, sustained run up the Cheltenham hill have the ideal profile.
Betting Approach: The big-field nature of this race makes it ideal for each-way betting. Target horses in the 10/1–20/1 range who have posted strong form at three miles plus on similar ground. Lighter-weighted horses who are well-handicapped relative to their actual ability — perhaps because a recent run or two has obscured their true form — are the ideal Ultima bet.
The Champion Hurdle is the crown jewel of Champion Day and one of the four championship races that define Cheltenham Festival. First run in 1927, the race has produced legends of the sport — from Istabraq's back-to-back-to-back victories at the turn of the millennium to Hurricane Fly's dual triumph, and more recently the Nicky Henderson-trained talents who have made the race their own.
The Champion Hurdle is run over two miles and half a furlong on the Old Course, featuring eight hurdles and the demanding uphill finish to the line. The race rewards the very best combination of speed, jumping accuracy and jumping technique in National Hunt racing. Champions in this race are horses who can maintain a near-flat-out gallop for two miles while clearing each hurdle in full stride.
The ante-post markets for the Champion Hurdle are invariably the most heavily traded of any Cheltenham race, with prices available from September onwards. The key championship trials — the Fighting Fifth Hurdle, the Christmas Hurdle and the Unibet International Hurdle — form the traditional pathway to the race for market leaders.
Betting Approach: The Champion Hurdle has a high strike rate for market leaders, but the ante-post market is efficient and short prices require careful consideration. The best value often lies in the immediate challenger to the favourite — the horse who has run it close in the trials and whose form is underrated by the market. Consider also the each-way option at bigger prices in open renewals.
The Mares' Hurdle has grown significantly in prestige since its elevation to Grade 1 status, and it now attracts the very best mares from Britain and Ireland. The race provides a dedicated championship opportunity for female hurdlers who might otherwise have to take on their male counterparts in open competition.
Willie Mullins and Gordon Elliott have dominated this race from the Irish side, repeatedly sending over exceptional mares who have dominated the novice ranks and then graduated to championship company. The race is run over an extended two miles, providing a slightly more forgiving test than the Champions Hurdle itself.
Betting Approach: The Mares' Hurdle market is often dominated by one or two very short-priced favourites from Mullins' yard. Unless you are highly confident in the market leader, the best strategy is often to wait for a clear market to form and consider any value among the British-trained runners who have posted strong form in their own mares' races.
The Festival Hunters' Chase is a unique race at Cheltenham — restricted to horses that have been hunted during the current season, it provides a thrilling contrast to the professional races either side of it. Amateur riders guide their mounts around the Old Course, producing scenes of genuine unpredictability and excitement.
Point-to-point form is the most relevant guide to this race, with horses who have excelled in the Irish points especially well-suited to the demands of the Cheltenham Old Course. The race often throws up at least one previous festival hero who has transitioned to the hunters' ranks.
Betting Approach: This race is harder to assess from a betting perspective due to the amateur riders involved. Stick to horses with strong recent point-to-point or hunters' chase form, particularly those who have won at Cheltenham or similar left-handed tracks with testing finishes.
The National Hunt Challenge Cup is the longest race of the Festival — an extraordinary four-and-a-quarter mile test of a young horse's jumping ability and stamina, ridden by amateur jockeys. It tests the very limits of what a novice chaser can achieve, and the finish up the Cheltenham hill from that distance provides a genuine spectacle.
Cheltenham's Old Course over this extreme distance is a severe test, favouring the biggest, stoutest novice chasers. Horses who have impressed over three miles plus in novice chases during the season are the obvious place to start. The Irish contingent, led by Mullins and Elliott, have dominated this race in recent years.
Betting Approach: The extreme distance makes this a more uncertain race from a betting perspective, and it is worth treating it as a value opportunity. Look for horses at 8/1 or bigger who have the stamina profile to last home and who have shown jumping ability at a high level in their prep races. Each-way betting makes good sense given the competitive fields.
Few races in the sport carry the prestige of the Champion Hurdle. Since its first running in 1927, the race has been won by names that read like a Who's Who of National Hunt racing — Istabraq, Hurricane Fly, Buveur D'Air, Honeysuckle. Each has exemplified the qualities demanded by Cheltenham's unforgiving test: speed, intelligence and the nerve to reproduce their best at the Festival itself.
The key to understanding the Champion Hurdle betting market is to study the key trials between December and February with extreme care. The Coral Hurdle at Ascot, the Betfair Fighting Fifth at Newcastle and the Unibet Champion Hurdle Trial at Haydock each provide strong pointers. However, the Christmas Hurdle at Kempton — traditionally run on Boxing Day — is arguably the single most important prep race. In recent years, the winner of the Christmas Hurdle has gone on to either win or fill the frame in the Champion Hurdle itself with remarkable regularity.
* Odds shown are representative and for illustrative purposes only. Always check current prices with your bookmaker. 18+ · Gamble responsibly.