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Gold Cup Betting Guide – Latest Odds & Past Winners of Cheltenham Festival Centrepiece

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Cheltenham Gold Cup betting is huge to the gambling industry in the UK. This is one of the most prestigious horse races in the British Isles. As the centrepiece of the Cheltenham Festival held every year in March, this is the premier National Hunt steeplechase. This is our guide to betting on the Gold Cup with everything you need to know about the blue riband event for chasers.

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Why Betting on the Cheltenham Gold Cup Matters

It’s stating the obvious but Gold Cup betting odds are a big deal for the bookies. The race is the highest level of competition for staying steeplechasers every year. Covering two full circuits of Cheltenham Racecourse and a distance of an extended three-and-a-quarter miles, Gold Cup odds are available all year round.

This is because there are a number of official and unofficial trials taking place throughout the jumps season. Each of those, including previous Cheltenham results, shape the market. Betting for the Cheltenham Gold Cup has plenty of influencing factors in it besides form, though. There is also the past record of racehorse trainers to consider.

You should always aim to get some Cheltenham Gold Cup betting offers if you’re taking a punt. Find out more about those on another dedicated page. These help you feel like you’re getting a good deal with your wagers. Here are 20 key Gold Cup trials in the UK and Ireland:

Cheltenham Gold Cup Trial Racecourse Trial Distance When
Betway Bowl Aintree 3m 1f April
Mildmay Novices Chase Aintree 3m 1f April
Bet365 Gold Cup Sandown 3m 5f April
Champion Novice Chase Punchestown 3m April
Punchestown Gold Cup Punchestown 3m April
Irish Daily Star Chase Punchestown 3m 1f October
Down Royal Champion Chase Down Royal 3m October
Charlie Hall Chase Wetherby 3m October
Betfair Chase Haydock 3m 1f November
Ladbrokes Trophy Newbury 3m 2f November
Many Clouds Chase Aintree 3m 1f December
King George VI Chase Kempton 3m December
Savills Chase Leopardstown 3m December
Peter Marsh Chase Haydock 3m 1f January
Thyestes Chase Gowran 3m 1f January
Cotswold Chase Cheltenham 3m 1f January
Irish Gold Cup Leopardstown 3m February
Denman Chase Newbury 3m February
National Hunt Chase Cheltenham 3m 6f March
Brown Advisory Novices Chase Cheltenham 3m March

Latest Gold Cup Betting Odds

Cheltenham Gold Cup betting

The latest betting odds for the Cheltenham Gold Cup are right here, so you can see which horses are fancied on the best betting sites in the UK today. There are some great racehorses in training specifically for the blue riband event of steeplechasing right now.

For more on Gold Cup odds, keep checking SportsLens are our experts have all the analysis and information ahead of the Cheltenham Festival. Here is the latest Gold Cup ante post betting show:

  • A Plus Tard (9/2)
  • Galopin Des Champs (5/1)
  • L’Homme Presse (10/1)
  • Monkfish (16/1)
  • Allaho (20/1)
  • Ahoy Senor (20/1)
  • Bob Olinger (20/1)
  • Bravemansgame (20/1)
  • Stattler (20/1)
  • Galvin (25/1)
  • Bar (33/1)
All prices quoted best odds and correct as of 10:45 GMT on Monday, 21 March

Cheltenham Gold Cup Betting Odds & Implied Probabilities

All odds from horse racing betting sites have implied probabilities behind them. Prices are just another way of expressing what those are. The Cheltenham Gold Cup betting odds and market is no different. So that you understand odds better, we thought it would be helpful if there was a table with the implied probabilities sat next to the prices for the leading big race contenders. Here it is:

Horse Betting Odds for Cheltenham Gold Cup Implied Probability
A Plus Tard 3/1 25%
Galvin 4/1 20%
Minella Indo 5/1 16.7%
Al Boum Photo 8/1 11.1%
Tornado Flyer 11/1 8.3%
Protektorat 12/1 7.7%
Royale Pagaille 16/1 5.9%
Chantry House 20/1 4.8%

Cheltenham Gold Cup Betting Preview 2022

Cheltenham Gold Cup betting

Now that we’ve looked at the Gold Cup betting and odds, it’s time to look at the form behind the prices. A glance at horse racing news and the table of past winners further down this page shows Minella Indo as successful last year. He remains prominent in the market and among Gold Cup tips for a repeat victory at Cheltenham but disappointed on his return to action in the King George VI Chase at Kempton Park on Boxing Day.

It may just have been a case of Minella Indo not finding that tight, turning right-handed track too sharp for him. Kempton is very different to Cheltenham. The course is nothing like as testing, nor is the King George distance as far as the Gold Cup. Just over a length behind in the big race last season was Henry De Bromhead stable companion A Plus Tard. He is a younger horse and won the Betfair Chase in style at Haydock Park on his reappearance.

However, A Plus Tard, found himself outstayed in the Savills Chase at Leopardstown by Galvin over Christmas. That looks one of the value Gold Cup tips this season. Gordon Elliott’s runner had the ultimate aim of the Grand National this season but his fine efforts in the Down Royal Champion Chase behind Frodon and during the festive period forced a rethink. Galvin stays further after winning the National Hunt Chase at Cheltenham last season. He is very much a Gold Cup betting contender, then.

Gold Cup Ante Post Betting Suggests Others up Against it

Dual race winner Al Boum Photo is now an 11-year-old. Although lightly-raced by trainer Willie Mullins, it looks a big ask for him to regain his crown given his advancing years. Protektorat is a young pretender against these big name Irish horses for Dan Skelton but lacks Grade 1 form in open company. Mullins could also run shock King George winner Tornado Flyer, who has always been held in high regard.

Nicky Henderson has Cotswold Chase winner Chantry House back on track too. It is likely that the trainer and leading owner JP McManus will contest the Gold Cup with this horse and keep Seven Barrows stablemate Champ in the Stayers Hurdle. Royale Pagaille has run his best races at Haydock, meanwhile, and there is no obvious reason why Venetia Williams’ charge should reverse form with A Plus Tard.

There are some big prices in the Gold Cup betting this year bar those names. An outsider on Cheltenham betting sites winning it looks unlikely with the top Irish horses in the market but some punters want each way value. Of those who could outrun their odds, Fiddlerontheroof was a gallant runner-up in the Ladbrokes Trophy for Colin Tizzard.

Mount Ida already has a course win in the Kim Muir at the Festival last season, so Elliott’s mare has her supporters. Lucinda Russell novice Ahoy Senor has been backed to after winning a second Grade 2 of the campaign at Wetherby. View the latest Cheltenham Gold Cup betting tips and analysis on SportsLens.

Betting on the Gold Cup – History & Past Winners

Cheltenham Gold Cup betting greats Denman and Kauto Star

As the below table shows, nine favourites in the betting for the Cheltenham Gold Cup have won over the last 20 years. However, in the dozen most recent renewals, the market leader has only four victories. That is a 33 per cent success rate over that period. It also reflects a broad general trend in horse racing where the favourite wins races on average only around a third of the time.

An even more recent sample brings their record down to a quarter. Only two favourites in the last eight Gold Cup renewals delivered. Study five-year trends, meanwhile, and only one market leader has been successful. That reduces the performance of Gold Cup betting favourites even further to 20 per cent or a fifth. The winners table shows you the age, jockey and trainer, plus the year and starting price (SP). Any favourites have an F next to their odds.

Previous Winners

Year Gold Cup Winner Age Jockey Trainer Starting Price (SP)
2022 A Plus Tard 8 Rachael Blackmore Henry De Bromhead 3/1F
2021 Minella Indo 8 Jack Kennedy Henry De Bromhead 9/1
2020 Al Boum Photo 8 Paul Townend Willie Mullins 100/30F
2019 Al Boum Photo 7 Paul Townend Willie Mullins 12/1
2018 Native River 8 Richard Johnson Colin Tizzard 5/1
2017 Sizing John 7 Robbie Power Jessica Harrington 7/1
2016 Don Cossack 9 Bryan Cooper Gordon Elliott 9/4F
2015 Coneygree 8 Nico de Boinville Mark Bradstock 7/1
2014 Lord Windermere 8 Davy Russell Jim Culloty 20/1
2013 Bobs Worth 8 Barry Geraghty Nicky Henderson 11/4F
2012 Synchronised 9 Tony McCoy Jonjo O’Neill 8/1
2011 Long Run 6 Mr Sam Waley-Cohen Nicky Henderson 7/2F
2010 Imperial Commander 9 Paddy Brennan Nigel Twiston-Davies 7/1
2009 Kauto Star 9 Ruby Walsh Paul Nicholls 7/4F
2008 Denman 8 Sam Thomas Paul Nicholls 9/4
2007 Kauto Star 7 Ruby Walsh Paul Nicholls 5/4F
2006 War Of Attrition 7 Conor O’Dwyer Mouse Morris 15/2
2005 Kicking King 7 Barry Geraghty Tom Taaffe 4/1F
2004 Best Mate 9 Jim Culloty Henrietta Knight 8/11F
2003 Best Mate 8 Jim Culloty Henrietta Knight 13/8F
2002 Best Mate 7 Jim Culloty Henrietta Knight 7/1

Other Gold Cup Betting Races

There is a natural preoccupation with Cheltenham Gold Cup betting when people talk about the Gold Cup. In fact, there are plenty of other Gold Cups in the sport of British and Irish horse racing today. Many events have built up over time. Some of these event predate the Cheltenham Gold Cup, first run as a steeplechase in 1924.

Prior to that, there was a Flat stakes race of the same name over three miles held initially in 1819. Some of the other Gold Cups are steeplechases and others Group 1 contests or valuable handicaps on the level. Each of these are well worth a watch on live horse racing streaming sites for different reasons. Helping you make sense of every Gold Cup in British and Irish horse racing, which no longer includes the Hennessy Gold Cup after rebranding to the Ladbrokes Trophy in 2017, check out the other races:

Races In Ireland

There are currently four horse racing events in the Emerald Isle with Gold Cup in their title. The first of these is the Irish Gold Cup at Leopardstown, one of the feature contests at the Dublin Racing Festival in early February. It takes place over an extended three miles and is a valuable race in its own right. This gives top staying steeplechasers in the Emerald Isle one final run some six weeks before crossing the Irish Sea for the Cheltenham Festival.

At Fairyhouse, meanwhile, there is a two-and-a-half-mile novice chase enjoying Grade 1 status during the big Easter Festival on the day before the Irish Grand National. Previously known as the Powers Gold Cup and Ryanair Gold Cup, it doesn’t have a fixed date. This is because Easter can be as early as the end of March or late as mid-April. The Fairyhouse Gold Cup is thus an alternative target to some of the top novice chases on both sides of the Irish Sea in the spring.

Perhaps the biggest of all Emerald Isle races with this in the title, though, is the Punchestown Gold Cup. Traditionally on the last Wednesday in April, it is the feature race on the second day of Ireland’s end of jumps season extravaganza. As previous horse racing results tell us, Cheltenham Gold Cup winners often go on to the Punchestown Festival for this extended three-mile contest. Kicking King, War Of Attrition and Sizing John have all won both in the same season.

On the Flat in Ireland, meanwhile, there is the Tattersalls Gold Cup. A Group 1 contest for older horses over an extended mile-and-a-quarter, it is the big race for four-year-olds and up during the Irish Guineas Festival on the third weekend in May.

Ascot Gold Cup Betting

By far the most famous race on the Flat that is a Gold Cup is the one at Royal Ascot. A historic two-and-a-half-mile Group 1 race first held in 1807, it is the centrepiece staying race in the whole British horse racing summer calendar. Run on the Thursday of the royal meeting in mid-June, whatever their Ascot Gold Cup betting odds might be, winners are guaranteed a future career at stud as sires of National Hunt horses. The irony is the Ascot Gold Cup could produce Cheltenham Gold Cup winners in years to come.

Ayr Gold Cup Betting

Even older than the Ascot race but at the opposite end of the spectrum distance wise, the Ayr Gold Cup is a six-furlong sprint Heritage Handicap. First run way back in 1804, cut to its current distance in 1908 and held during the middle of September, the race is usually so oversubscribed that there are two consolation races – the Ayr Silver Cup and Ayr Bronze Cup. Open to three-year-olds and up, Ayr Gold Cup betting odds are always competitive because of the sheer size of the field. There are 24 runners in this wide-open cavalry charge.

Haldon Gold Cup

The first Gold Cup in any UK jumps season is the Grade 2 Haldon Gold Cup at Exeter. Run as a limited handicap chase over almost two-and-a-quarter miles, this is traditionally a midweek race rather than on a weekend. Winning the Haldon Gold Cup helped the careers of many top horses. It remains a stepping stone to other races, however, despite a rich roll of honour.

Paddy Power Gold Cup Betting

There are actually three races with Gold Cup in their title that take place at Cheltenham. The first of those in the order of the National Hunt season is the Paddy Power Gold Cup. This Grade 3 handicap chase over an extended two-and-a-half miles is the big betting race on the Saturday of Cheltenham’s three-day November Meeting. Originally sponsored by Mackeson Stout, this race has also been partnered by Murphy’s Brewery, tailors Thomas Pink and BetVictor. The Paddy Power Gold Cup betting usually has a very open look to it.

December Gold Cup

Another Cheltenham race with Gold Cup in its name, the December Gold Cup has also had various sponsors down the years. Run on the New Course rather than the Old Course, where the Paddy Power takes place, this is also an extended two-and-a-half-mile Grade 3 handicap chase. Originally sponsored by Massey Ferguson, the most notable recent partner for the December Gold Cup has been Caspian Caviar. When their sponsorship ended, the race found new partners in the Racing Post. The December Gold Cup takes place on the Saturday of Cheltenham’s International Meeting.

Greatwood Gold Cup

Newbury also has its own Grade 3 handicap chase over two-and-a-half miles in the Greatwood Gold Cup. Run on either the last Saturday in February or first in March, it takes place during a lull where arguably better horses prepare for the Cheltenham Festival. This race carries part of the same name as the Greatwood Handicap Hurdle, a two-mile Grade 3 race run during the November Meeting at Cheltenham.

Bet365 Gold Cup

On the final day of the British jumps season at Sandown Park, the Bet365 Gold Cup takes place. Over a longer distance of an extended three-and-a-half miles than the Cheltenham race, for many years this event was called the Whitbread Gold Cup. A staying handicap chase with Grade 3 status, this race brings the curtain down on the core National Hunt season in the UK.

London Gold Cup

This is where things start to get confusing. There are currently two races, one over jumps and one on the Flat, called the London Gold Cup. Both are handicaps. The jumps race is a Grade 3 steeplechase at Ascot over three miles, run on the last Saturday in October or first in November. On the Flat, meanwhile, the London Gold Cup Handicap is a mile-and-a-quarter stakes race for three-year-olds on the Lockinge card during the middle Saturday in May.


That brings our look at betting on the Cheltenham Gold Cup to a close. This stupendous race has it all. Intrigue, drama and the crowning of a champion at the end. Gold Cup betting should always be an exciting experience for punters with the race at the zenith of the sport.

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Jamie Clark (@JamieClarkSport) edited Coral bookmakers’ digital platforms for a number of years with great success before forging a successful freelance career as a tipster. Growing up in an equine environment, Jamie is never afraid to take on the favourite and focuses on value. He is now sourcing you winners at SportsLens from the best of the British and Irish horse racing action.