Monday 4 August 2008

Cheltenham Festival - Betting

People from the different parts of the world to go for betting and spend a lot of money in the Cheltenham Festival. For that reason, millions of pounds are gambled during the Cheltenham festival. It is the one place that perceives bets laid by the Bookmakers in the ring of well over £100,000 on a single bet. The Irish come every year and have major gambles on the Irish Horses. The Cheltenham Ante Post Betting market is always very vibrant, with punters putting down there cash well in advance to try and get the best price about there particular fancy. It is significant to be careful about backing your horse well in advance of the big race as if your horse is a non runner you will lose your money. However, it can be money-spinning to take a price a couple of months before the festival as usually if your horse is going to have any sort of chance in the race itself the odds will usually contract in the weeks coming up to the race.

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