The prestigious meeting is one of the biggest betting weeks of the year, and there are several different types of bet you can place.
Win or each-way
The most common bet on the racecourse.
A win bet is as simple as it sounds – you are backing a horse to win.
For example, a £10 win bet on a horse at 2-1 will return £20, plus your £10 stake.
An each-way bet is two bets – a bet to win and a bet to place. If you're horse wins, you get paid out on both parts of the bet.
Download the new Sun Racing app today
The brilliant new app, which is free to download ahead of the Cheltenham Festival, features:
- Best Odds – our odds comparison tool keeps the bookies honest
- Predictor – rank the field by 18 different categories, such as weight, draw, career prize money and jockey wins
- Tips & news – get a steer from the best tipsters in the business in our news tab
Head over to the App Store to download it for free.
Double, treble or accumulator
A double, treble or accumulator requires all legs of the bet to win for you to get any returns.
For example, a double is when you back two horses to win two separate races.
If both win, you win.
It's the same scenario with a treble (three selections) or an accumulator (four or more selections).
A trixie is wager that consists of picking three horses which are then covered by four bets.
These are a combination of three doubles and a treble.
As the trixie is made up of four bets, your stake is multiplied by four.
Therefore, a £5 trixie adds up to a total stake of £20.
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The Lucky 15 is similar to the trixie but for four horses.
The bet is made up of a combination of singles, doubles, trebles and an accumulator.
There are 15 bets in total in a Lucky 15.
So a £1 Lucky 15 adds up to a total stakes of £15.
A Placepot is a bet where you back a horse(s) to finish placed in each of the first six races.
If you increase the number of selections, your stake will also increase.
If you manage to get a horse placed in each race, you more often than not win a tasty sum!
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