Cheltenham Festival – Total Number of Winning SP Favourites

Predicting the number of winning SP favourites is a bet type that keeps punters interested in all 28 races of the 4 day Cheltenham Festival.

Are the bankers for Cheltenham 2023 going to help the punters to beat the bookies? Or will the favourites be upset by longer priced runners?

Many horse racing punters are trying to find which favourites to win Cheltenham races over the four days at 2023 Cheltenham Festival.

With 30% success rate at Cheltenham Festival the favourites have a great record so we advise checking out the biggest horse racing trainers chances of a winner:

In this Number of Winning Cheltenham Festival SP Favourites Guide, we will show the latest betting odds, predictions and previous stats on winning faves.

Find out more about winning SP favs at Cheltenham:

Cheltenham Festival – Total Number of Winning SP Favourites

Cheltenham Festival Winning Favourites?

How many winning favourites will there be at this year’s Cheltenham Festival?

  • 9 or more winning SP favourites (includes joint-favourites) – 1/4
  • 10 or more winning SP favourites (includes joint-favourites) – 8/13
  • 11 or more winning SP favourites (includes joint-favourites) – 11/10
  • 12 or more winning SP favourites (includes joint-favourites) – 5/2
  • 13 or more winning SP favourites (includes joint-favourites) – 9/2
  • 14 or more winning SP favourites (includes joint-favourites) – 10/1

How Often do Favourites win at Cheltenham?

Over the past decade at the Cheltenham Festival, there have been 79 favourites winning out of 273 races.

With 79 winning favourites over 10 years, thatr calculates to be a 28.9% average winning return on the favourites

So the favourite horse winning at Cheltenham is usually a one in three chance on average.

Cheltenham Festival Winning Favourites Standings

Here are the previous standings of how many SP Favourites won:

  • 2022 Cheltenham Festival had 12 starting price favourite winners
  • 2021 Cheltenham Festival had 8 starting price favourite winners
  • 2020 Cheltenham Festival had 8 starting price favourite winners
  • 2019 Cheltenham Festival had 8 starting price favourite winners
  • 2018 Cheltenham Festival had 8 starting price favourite winners
  • 2017 Cheltenham Festival had 7 starting price favourite winners
  • 2016 Cheltenham Festival had 9 starting price favourite winners
  • 2015 Cheltenham Festival had 7 starting price favourite winners

Cheltenham Festival Shortest Priced Favourites

Here are the shortest-priced SP favourites at the March 2023 Cheltenham Festival:

  • Jonbon at 7/4 to win the Arkle
  • Constitution Hill at 4/11 to win the Champion Hurdle
  • Mighty Potter at 5/4 to win the Festival Novices Chase
  • Edwardstone at 13/8 to win the Champion Chase
  • Facile Vega at 5/2 to win the Sky Bet Supreme Novices’ Hurdle
  • Delta Work at 11/10 to win the Cross Country Chase
  • Shishkin at 4/5 to win the Ryanair Chase
  • Galopin Des Champs at 7/4 to win the Gold Cup

The short odds favourites above are seen by many punters as the bankers of the meeting.

Cheltenham Favourites Day 1

Here are all Cheltenham favourites for the first day of 2023 Cheltenham Festival.

Time Race Favourite Bookmaker with Highest Odds
13:30 Supreme Novices’ Hurdle Facile Vega Bet365
14:10 Arkle Novices’ Chase Jonbon Unibet
14:50 Ultima Handicap Chase Corach Rambler 888sport
15:30 Champion Hurdle Constitution Hill Betvictor
16:10 Mares’ Hurdle Maries Rock Coral
16:50 Boodles Handicap Hurdle Tekao William Hill
17:30 National Hunt Chase Gaillard Du Mesnil Paddy Power

Cheltenham Favourites Day 2

Here are all Cheltenham favourites for the second day of 2023 Cheltenham Festival.

Time Race Favourite Bookmaker with Highest Odds
13:30 Ballymore Novices Hurdle Impaire Et Passe Boylesports
14:10 Brown Advisory Novices Chase Gerri Colombe Parimatch
14:50 Coral Cup Camprond BetUK
15:30 Champion Chase Edwardstone Betway
16:10 Cross Country Chase Delta Work SkyBet
16:50 Grand Annual Chase Dinoblue William Hill
17:30 Champion Bumper A Dream To Share Parimatch

Cheltenham Favourites Day 3

Here are all Cheltenham favourites for the third day of 2023 Cheltenham Festival.

Time Race Favourite Bookmaker with Highest Odds
13:30 Turners Novices Chase Mighty Potter Ladbrokes
14:10 Pertempts Network Final Thanksforthehelp BetUK
14:50 Ryanair Chase Shiskin Spreadex
15:30 Stayers Hurdle Blazing Khal LiveScoreBet
16:10 Plate Handicap Chase So Scottish Ladbrokes
16:50 Mares Novice Hurdle Luccia Unibet
17:30 Kim Muir Challenge Cup Stumptown Coral

Cheltenham Favourites Day 4

Here are all Cheltenham favourites for the fourth day of 2023 Cheltenham Festival.

Time Race Favourite Bookmaker with Highest Odds
13:30 Triumph Hurdle Blood Destiny Betway
14:10 County Hurdle Filey Bay Betfred
14:50 Albert Bartlett Novices Hurdle Corbetts Cross BetUK
15:30 Gold Cup Galopin Des Champs William Hill
16:10 Hunters Chase Vaucelet Sky Bet
16:50 Mares Chase Allegorie De Vassy Coral
17:30 Martin Pipe Handicap Hurdle Spanish Harlem BetUK

How to Pick the Best Odds for Cheltenham 2023

Backing early in the ante-post betting markets is the smartest way to find the best odds on the Cheltenham Festival.

Now all the major online bookies are offering your stake back for non-runners there is no reason to not punt in the ante-post markets.

Favourites are certainly not guaranteed to win the races at Cheltenham Races.

Many Cheltenham favourites have fallen to the disappointment of many punters.

So if you fancy any horses with large odds you could make the most of the betting brands offering extra places on each-way bets.

Trying to find value in the betting market is important and the biggest online bookmakers are now offering some amazing bonuses like:

Cheltenham Betting Sites Offering Cheltenham Specials

Here is a list of Cheltenham betting sites offering Cheltenham specials:

  • Betfair Cheltenham Offer

    Betfair Horse Racing
    BET £10 GET £45
    Betfair bet £10 and get £30 is a decent offer if you are opening an account for Cheltenham betting. Betfair is one of the best bookmakers around and is highly recommended for betting on the Cheltenham Festival as well as other top sporting events. Find out more about them today.

    Place a £10 Sportsbook bet on Horse racing between the 13th and 17th March, at min. odds 1.5 (1/2) — get £45 in free bets. Only deposits via cards will qualify, Apple pay not valid on this promotion.

    Full T&C's Apply

  • bet365 Cheltenham Offer

    Bet365 Horse Racing
    BET £10 GET £30 IN FREE BETS
    The bet365 Cheltenham offer is one of the best out there. As one of the top UK bookies we would expect this. The offer is a current deposit £10 and get £30 in free bet credits, for information and T&Cs follow the links below.

    Full T&C's Apply

  • Betfred Cheltenham Offer

    Betfred Horse Racing
    BET £10 GET £40 IN FREE BETS
    The Betfred offer is a great one -deposit £10 and get up to £40 in bet bonuses. These can be used on a variety of betting markets including racing, football and other sports. For more information on this leading UK bookmaker read our full view.

    New 18+ UK customers. Register with CHELT40 between 09:00 on 10/03/2023 and 17:30 on 17/03/2023. Deposit, using a Debit Card, and place first bet on sports within 7 days of registering. Bet must be £10+ at Evens (2.0)+ in one bet transaction. £40 in Free Bets credited within 10 hours of bet settlement, expires 7-days after issue. First bet must be settled within 7 days of registration. Proof of I.D and address may be required.

    Full T&C's Apply

  • 888 Cheltenham Offer

    888 Horse Racing
    UP TO £250
    Get the 888Sport Bet £10 and get £30 Cheltenham offer today. For full terms and conditions or to claim this great free bet credit for the Cheltenham Festival simply follow the link now.

    £10 min deposit using promo code 250BONUS • The bonus will be applied once the full deposit amount has been wagered at least twice with cumulative odds of 1.50 or greater • To withdraw any winnings from your bonus, you must wager the bonus amount at least 5 times • All deposit and bonus wagering requirements must be completed within 60 days • This offer may not be combined with any other offer • Wagering limit of £50 per bet Applies • Restrictions apply to withdrawals, payment methods and countries apply.

    Full T&C's Apply

  • Coral Cheltenham Offer

    Coral Horse Racing
    Coral is another hugely popular bookmaker and a high-street name. This deal for new customers is a good one, for more information on this free bets credit either follow the link or check out our bespoke review. As with all betting offers certain terms and conditions will apply.

    18+ New UK+IRE customers. PayPal and certain deposit and bet types excluded. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets valid for 7 days on sports, stake not returned, restrictions apply.

    Full T&C's Apply

  • Parimatch Cheltenham Offer

    Parimatch Logo
    BET £10 GET £20
    Take advantage of the very best Cheltenham betting offers and free bets at the Parimatch sportsbook website with great sportsbook sign up bonuses for new horse racing bettors at the Cheltenham Festival

    18+ New customers only. Opt in and bet £10 on horse racing markets (odds 3.00+) within 7 days of registration. Get 4x£5 free bets (odds 3.00+) for selected horse racing markets. Offer Valid until 09:00 UK time on 17/03/2023. Free bets expire at specified times. Card payments only. | Please gamble responsibly.

    Full T&C's Apply

  • William Hill Cheltenham Offer

    William Hill Horse Racing Logo
    BET £10 GET £30 IN FREE BETS
    Bet £10 and get £30 in free bet credits with William Hill for the Cheltenham races. These can be used on all the big races at the Festival including the Gold Cup, Champion Chase and Champion Hurdle. Certain deposit restrictions may apply.

    New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply.

    Full T&C's Apply

  • Ladbrokes Cheltenham Offer

    Ladbrokes Horse Racing
    Bet £5 and get £20 with Ladbrokes is a good deal for punters who want to wage a small amount of their money but see a decent amount of free bet credits. As one of the leading and most respected bookies in the UK there are lots of benefits to opening an account whether for Cheltenham betting or at other times of the year.

    18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply.

    Full T&C's Apply

  • Unibet Cheltenham Offer

    Unibet Horse Racing Logo
    BET 10 GET 40
    The Unibet offer is a bit different from other bookies and is your money back as a free bet credit if your horse finished in second. This takes away some of the pain of just missing out! Unibet are great Cheltenham bookmaker and currently sponsors the Champion Hurdle, check out our full review for more info.

    New customers only. 18+, Min deposit £10. Money back as bonus. Wagering requirements: Sportsbook 3x at min. odds of 1.40 (2/5), Casino 25x. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in.

    Full T&C's Apply

  • BetVictor Cheltenham Offer

    Betvictor Horse Racing
    BET £10 GET £40
    Bet £10 and get £40 is one of the best Cheltenham offers around. It is certainly worth checking out, with this top UK bookmaker have a great easy-to-use betting platform and more. Check the terms and conditions below.

    18+ New customers only. Deposit, opt in and place a £10 qualifying bet on Horse Racing at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 3x £10 Horse Racing Free Bets, valid on set events only at odds 2.00 or greater. Plus, a £10 Slot Bonus, selected games, wager 20x to withdraw a max of £250. Bonuses expire in 7 days. Card payments only. T&Cs Apply. Please Gamble Responsibly.

    Full T&C's Apply

  • Mr Play Cheltenham Offer

    Mr.Play Sport Logo
    BET £10 GET £15
    The Mr Play Cheltneham offer of bet £10 and get £15 is not one of the best on the market. However, this new bookmaker is hugely popular for punters looking for a new betting site. We have reviewed all of the best features, read our review or follow the link for more info.

    18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 bonus, valid for 14 days, bets must be placed at a min. odds of 1/1 (2.00) or greater and be settled within 14 days of placement. System bets no eligible.

    Full T&C's Apply

  • 32Red Cheltenham Offer

    32Red Sport Logo
    A different Cheltenham offer from 32Red is their 100 profit boost! This one is definitely worth checking out as its totally different from the type of Cheltenham offered by other leading bookmakers. Read their full T&Cs to find out more.

    Opt in. Min. Odds Evs, Max. £10 stake, Max. additional profit £100. Skrill and Neteller deposits are not eligible – See full terms

    Full T&C's Apply

  • Betway Cheltenham Offer

    Betway Sports
    Betway’s £70 in free bets for the countdown to 2023 Cheltenham Festival is an impressive sign up bonus

    All UK Customers. Opt-in required. Minimum stake: £25. Total Free Bets: 2 x £5 plus £5 added to Cheltenham Pot upon weekly qualification from 11/02/23 – 10/03/23. Qualify for all 4 weeks and receive an extra £10 free bet. Single Multiples including 3 or more selections only. Real money bets only.  Min. overall odds: 2/1 (3.00). Enhanced prices and eSports excluded. Pot credited in full on 13/03/23. 18+ Bet The Responsible Way.

    Full T&C's Apply

  • Paddy Power Cheltenham Offer

    Paddy Power Sports Logo
    £25 IN FREE BETS
    A good new offer for Paddy Power customers, basically bet £20 and you’ll be refunded in cash if you lose. This is a great Cheltenham offer from this leading Irish bookmaker. For information on them including BOG, live streaming of Cheltenham races and more, follow the links.

    New customers Only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. 13 settled bets required to receive full £25 free bet. Qualifying bets must be placed on sportsbook within 30 days of opening account. One free bet offer per customer, household or IP address only. Free bets expires after 7 days. Payment method restrictions apply. Please Gamble Responsibly.

    Full T&C's Apply

  • BetUK Cheltenham Offer

    BetUK logo
    BET £20 GET £60
    There’s a BetUK Cheltenham Offer to claim that requires you to just deposit and wager £20 and get £60 in Cheltenham Festival free bets.

    New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable, and stake not returned with winnings. 7 day expiry.

    Full T&C's Apply

  • Grosvenor Cheltenham Offer

    Grosvenor Sports Logo
    A Cheltenham double-the-odds promotion from Grosvenor is good and Cheltenham offer with a difference. New to the UK gambling scene Grosvenor is growing in popularity, check out the perks in our full review.

    New Customer Offer. T&Cs Apply. 18+. Please Gamble Responsibly.

    Full T&C's Apply

  • LiveScore Bet Cheltenham Offer

    BET £10 GET £20 + £1 FREE BET EACH DAY
    The livescorebet Cheltenham free bet made our top list of hand-selected Cheltenham Festival special offers for horse racing punters looking to wager bets in the UK or Ireland

    New members only. Min £10 bet on sportsbook (ex. forecasts, tricasts & virtual sports), placed & settled within 14 days of sign-up . Min odds 1.5. 2 non-withdrawable £10 Free Bet Tokens: sportsbook only (ex. virtual), accept within 7 days, valid for 7 days from acceptance. ex E/Ws & Multiples. Stakes not returned. 18+
    1 x £1 non-withdrawable Free Bet Token. Claim 1x Free bet per day 14/03/23-17/03/23. Use by 23:59 the following day. Use on LiveScore Bet sportsbook. Valid on any market. Bet Responsibly. 18+

    Full T&C's Apply

  • LeoVegas Cheltenham Offer

    LeoVegas Sport
    100% PROFIT BOOST OF UP TO £100
    A greal deal of a 100% profit boost up to £100 is something a little different from LeoVegas. If you haven’t heard of this top bookmaker then they are definitely worth checking out. Follow the links and find out more today, including the full terms and conditions of this promo.

    T&Cs apply. New reg only. Claim by placing a min deposit £10 via “My Offers” page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+

    Full T&C's Apply

  • Matchbook Cheltenham Offer

    Matchbook Review
    Take advantage of the Matchbook £50 free bets for the 2023 Cheltenham Festival

    Open to New Customers Only. New Customers must register with bonus code:MB50. To build the free bet bank, the user must stake £25 or more on Horse Racing between Monday and Sunday for each individual week of the promotional period. The user will receive a £10 free bet for each individual week they qualify. The max free bet bank the user can accumulate is £50, and can only be used on Cheltenham Festival markets only. 18+ only. BeGambleAware.

    Full T&C's Apply

  • BoyleSports Cheltenham Offer

    Boyle Sports Horse Racing Logo
    BET €10 GET €60
    Boylesports Bet 10 Get 60 Cheltenham Offer is for Ireland Customers Only

    IRE/NI new customers only. €/£60 in FREE Bets (FB) as €/£30 in sports bets, €/£20 Cheltenham sports bets & a €/£10 casino bonus (CB). Min Deposit €/£10. Min stake €/£10. Min odds Evs. Initial FB & CB applied on 1st settlement of any qualifying bet. Cheltenham €/£20 applied as 4 x €/£5 & will be credited each day of the festival. Offer available 23/02/23, 12:00 until 09/03/23, 11:59. FB 7-day expiry. 1 FB offer per customer, household & IP address only. Account & Payment restrictions. 14 days to accept €/£10 CB, then active for 3 days. CB 5x wagering & max redeemable €/£100. Game restrictions apply. Cashed out/Free Bets won’t apply. 18+. T&Cs apply.

    Full T&C's Apply

  • QuinnBet Cheltenham Offer

    Quinbet Sports Logo
    UP TO £35 FREE BET
    QuinnBet has multiple Cheltenham Offers from £35 free bets on Cheltenham Festival or the bet 10 get 60 betting promotion for Irish punters

    For the Cheltenham Festival 2023, we’ve enhanced our UK welcome betting offer. Register with QuinnBet and get 50% back as a Free Bet up to £35 + 10 free casino spins. A minimum of 3 bets at odds of evans (2.00) or greater is required to qualify for the max free bet, which is based on first day losses. Even if you account is up, a single £10 Bet at the minimum odds, secures a £5 Free Bet & 10 Free Spins. UK 18+. begambleaware

    Full T&C's Apply

  • Kwiff Cheltenham Offer

    Kwiff Casino Logo
    BET £10 GET £20
    Kwiff Cheltenham Betting offer of a free £20 bet is good who sportsbook punters who also enjoy playing casino online

    New customers & 18+ only. Min. deposit of £/€10. Qualifying real money bet of £/€10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer credited within 48 hours. Additional T&Cs apply. Please gamble responsibly.

    Full T&C's Apply

  • SBK Cheltenham Offer

    SBK sports Logo
    BET £10 GET £10
    Claim your SBK Cheltenham Offer when you deposit £10 and get £20 in Cheltenham Festival free bets.

    New UK, IE & Malta customers only. Min £10/€10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5. Free bets expire in 90 days. 18+.

    Full T&C's Apply

  • Smarkets Cheltenham Offer

    Smarkets Logo
    Use code COMMFREE to trade with 0% for 60 days for Cheltenham Festival Free Bets. Minimum £10 first deposit only using Debit Card or Instant Banking. 18+. Full T&Cs apply.

    Use code COMMFREE to trade with 0% commission for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit using card or online banking. 18+.

    Full T&C's Apply

Many of the best Cheltenham betting sites offer Cheltenham Festival Specials like:

Check out our guides on them to find out more.

Cheltenham Ante-Post Favourite Bankers to Follow 2023

Here are the best ante-post Cheltenham 2023 favourites to follow:

  • Shishkin to win
  • Honeysuckle to win the Mares Hurdle
  • Facile Vega to win

Popular Questions

How relevant is the SP of previous Cheltenham Festival race winners?

The SP is of significant relevance at the Cheltenham Festival with 1 in 3 favourites winning.

The starting price highlights the odds of the horses at the start of the race and determines the returns for punters who back their tips.

The Historical Starting Price of the races at the Cheltenham Festival show it is a track where favourites perform well.

Is It Profitable Just Backing the 2023 Cheltenham Favourites?

Punters should make sure to do extensive research on all the horses before making a wager.

Favourites aren’t always the answer and looking at the odds you need to try and find value.

Some faves with the best form in the bag could be good value and therefore worth punting on.

The Cheltenham Gold Cup, Stayers Hurdle and Queen Mother Champion Chase were all won by outsiders last year.

The best advice for punters is to study the form and choose your preferred racehorse on form, times, value in the odds and whether the selection enjoys the going conditions.

How do you know the SP Favourite in horse racing?

Each horse race has an SP favourite.

The SP fave could be joint favourites or even co-favourites but the horse with the lowest odds is classed as the starting price favourite.

The SP favourite is the horse most likely to win according to the betting market, which is reflected in having the shortest price displayed with betting operators.

You will see an F alongside the horse’s odds when they are the favourite, JF is they are joint-favourites or CF if they are co favourites.

Summary of Cheltenham SP Favourites

The Cheltenham 2023 favourites are going to be heavily punted, but just how many of these starting price faves are going to win?

Over the years many of the favourites have run with credit at the Cheltenham Racecourse with a strike rate of around 30%.

If you are wanting to jump between all the races during the 4 Day Cheltenham Festival Event here are the fours days of racing covered in more detail.

Is the Cheltenham Racing Festival going to be won by the bankers or is it going to be the meeting for the outsiders? Are the total number of SP Favourites going to make it a meeting for the short-priced bankers or are there going to be some shocks with outsiders improving to win?

The horse racing fans and pundits have voiced their opinions, tips and predictions with their bankers for the 4-day meeting and now it is down to the jockeys, trainers and racehorses to take centre stage.

Good luck with your predictions, we hope you have a great Cheltenham!

You May Also Like These With Cheltenham Related Pages

If you have enjoyed our SP Guide to Cheltenham Festival Winning Favourites page, here are some other articles related to Cheltenham you may also like:

Subjects covered included: Queen Mother Champion Chase, Cheltenham Gold Cup, Champion Hurdle and Cheltenham Festival races with a look at winning favourites in all the horses races.

As the Founder of British Racecourses, I have a life-long passion for horse racing and have loved the sport as long as I can remember. I am also a keen racehorse owner and have worked in the gambling industry for several years. I set up British Racecourses with the desire to share my passion for racing with other like-minded people.