Cheltenham betting favourites statistics

Cheltenham is the centre of more horse racing betting than anywhere else in the National Hunt circuit. Can we make a few quid by looking at how the favourite has fared at Prestbury Park?

Type of horse race Non-handicap races Handicap races
Hurdle 31-91 (34%) 16-79 (20%)
Chase 37-99 (37%) 17-94 (18%)
National Hunt Flat 3-18 (17%) 0-0 (N/A)
Totals 71-208 (34%) 33-173 (19%)

Statistics from 2005/06 season up to and including 15 March 2010. Source: Racing Post and author’s own research.

What does the fate of the favourite tell us?
There is a marked difference in the performance of favourites in non-handicap races and handicaps. Nowhere was this more evident than in the October 2009 meeting where, in 14 races, six of eight favourites (75%) won in non-handicaps and only one of six favourites (16.7%) won in the handicap races. Favourites won all three of the non-handicap steeplechases over the two day meeting.

Blindly backing favourites in National Hunt Flat (or ‘bumper’) races is clearly a bad idea, with around two favourites winning out of every eleven.

Back to the Fate of the Favourite page

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