Live betting odds for the Festival's oldest and most unique low-weight handicap chase β 1m 7f 199y Β· Grade 3 Β· Old Course Β· Gold Cup Day
Compare the latest odds for the Grand Annual Chase. One of the Festival's most unique and historic races β updated regularly as Gold Cup Day on 13 March 2026 approaches.
Leading racing analysts, journalists and tipsters share their views on the 16:40 Hunters' Chase on Gold Cup Day 2026.
Ruby Walsh
"I've been very impressed with Panda Boy. I've heard quite a bit about Wrappedupinmay tooβ¦"
Johnny Dineen
"If Its On The Line doesn't win, he'll place. He's a good each-way bet."
Sportingnews.com
Its On The Line will be one of the runners setting the standard for the field. If he can reproduce his peak performance and it doesn't turn too tactical, he should have a big say in the top places.
The Grand Annual Chase is one of the most distinctive races in the entire Cheltenham Festival β a two-mile handicap chase with an unusually low weight ceiling that has been a feature of the Festival programme since 1834, making it one of the oldest races in Cheltenham's long history. Its unique characteristics create a race profile unlike any other on the Festival card.
Run over one mile, seven furlongs and 199 yards on the Old Course β essentially a fast, two-mile circuit incorporating 12 fences β the Grand Annual is contested by compact, quick, lightly-weighted chasers who race at a pace that often exceeds the more prestigious championship races. The low weight limit means the race attracts horses who are particularly well-handicapped and who have been campaigned with the specific aim of arriving at the Festival with a relatively light burden.
The Grand Annual is one of the Festival's best value betting races precisely because its unique profile creates a situation where horses are less well known to the general betting public than those in the championship races. The combination of lightly-raced horses, a fast pace and a competitive field means that thorough form study can identify real value that the market overlooks in the week's excitement over the bigger championship events.
Two-mile chasing form at the highest handicap level is the key qualifier for the Grand Annual. Horses who have run well in the Grade 3 two-mile handicap chases during the season β particularly those at Cheltenham, Sandown or Ascot β bring directly relevant form, and course winners at Cheltenham on the Old Course are always worth special consideration.