Football Football
Cheltenham Cheltenham
Cricket Cricket
Basketball Basketball
Golf Golf

How to bet on Champion Chase odds

03 Feb | BY Betway Insider | MIN READ TIME |
How to bet on Champion Chase odds
Source: Alamy Stock Photo

Looking to bet on the Cheltenham Champion Chase? Betway has you covered. Check out our latest odds across all the biggest markets for the Champion Chase today.

The Queen Mother Champion Chase is one of the Cheltenham Festival’s most iconic races, and it’s the National Hunt’s leading minimum-distance steeplechase. If you’re looking to play along with the chase at home, you can check out the latest Cheltenham Champion Chase odds at Betway, along with the rest of our Cheltenham Festival betting odds for updates from Prestbury Park.

How to bet on the Champion Chase

To place a bet on the Queen Mother Champion Chase, head to our horse racing sportsbook and choose which competitor you’d like to put your wager on. Enter your stake, and our handy betslip will show how much you could win. Then, click ‘Place bet’ once you’re happy, and keep an eye on the results of the race!

You can also read our guide on how to bet on horse racing for our top tips and strategies. Whether you’re a beginner bettor or just need a refresher, we’ve got advice to help you boost your play.

How to read Cheltenham Champion Chase odds

Champion Chase odds are typically presented in fractional terms, which means each horse has been assigned a fraction to represent its chances of winning. You can work out your potential winnings by taking your stake, dividing it by the number on the right, and then multiplying the result by the number on the left.

Horses that are considered more likely to win will be assigned lower fractions, while outsider picks are typically assigned higher ones. You can read our ‘Fractional odds explained’ guide for more info on how fractional terms work, or use our betting calculator to quickly see your potential winnings.

Example of a Cheltenham Champion Chase bet

To show how you can figure out your potential earnings from a Champion Chase bet, let’s say that Marine Nationale has a 5/4 chance of winning, while Majborough has odds of 9/2.

If you placed a £10 bet on Marine Nationale, you could work out your potential winnings by dividing your stake by 4, then multiplying the result by 5. This gives you a total of £12.50, which jumps to £22.50 when your original stake is returned.

The same wager could earn more money if you correctly bet on Majborough to win, though. If you divide your £10 stake by 2, then multiply the result by 9, you’ll see that a successful bet could earn you £45. Including the original stake, the total returns are £55.

Where to bet on Champion Chase odds

At Betway, we offer all the latest Queen Mother Champion Chase betting odds, so you can see which horses are the favourites to win the event. Choose from a wide range of betting markets to help you play along with the Cheltenham action your way.

Different types of Champion Chase bets

Looking for different ways to bet on the Champion Chase? Here are some of the most common types of wagers you’re likely to come across:

Accumulator

Accumulators are also sometimes called ‘acca’ bets. They package multiple wagers into one result, so you’ll only receive a payout if you correctly predict each race in your accumulator, but your earnings could be much bigger than placing singles.

If you’re looking to place an accumulator bet on the Champion Chase, try betting on some of the other Day 2 races at Cheltenham to see if you can correctly predict more winners. You can read the full Cheltenham schedule on Betway Insider to learn more about which events you can add to your acca.

Winner

If you place a bet on a horse to win the Champion Chase, you’ll receive a payout if they finish in first. However, any other result will give you an unsuccessful bet. Make sure to do your research in advance to see which racers are likely to win.

To place

Putting your bet on a horse ‘to place’ means you think it will finish towards the top of the field (usually in the top 3 or 4). These bets allow you to make predictions on horses that you believe will perform well in the Champion Chase, even if you don’t think they’ll necessarily win it.

Each-way

Each-way wagers combine two bets into one package: one for your horse to place, and another for it to win. This means that you’ll still receive a payout if your horse finishes in the top 3 or 4, but you’ll earn even more money from a win, as both bets will be considered successful.

Ante-post

An ante-post bet is placed far before the racecourse’s betting markets open, meaning there’s added risk that your horse may be withdrawn from the event. This typically means you can bet at longer odds by placing your bet weeks or even months in advance of the Champion Chase.

Who to bet on in the Cheltenham Champion Chase

Can’t decide who to back in the Cheltenham Champion Chase? Check out the Cheltenham Day 2 trends from over the years to learn more about previous winners, or check out our advice on how to choose a racehorse to bet on.

TAGS
Betway Insider

Betway Insider

The Insider is an editorial blog for Betway, one of the best betting sites, featuring sporting insight, intelligent comment and informed betting tips for football betting and all other major sports.

Betway Insider

Betway Insider

The Insider is an editorial blog for Betway, one of the best betting sites, featuring sporting insight, intelligent comment and informed betting tips for football betting and all other major sports.