Cheltenham: Punters just ahead after day one
Although some of the big favourites like Cue Card and Medermit were beaten on the first day of the Cheltenham Festival, a win for Hurricane Fly and a treble for jockey Ruby Walsh meant that punters were just ahead of the bookmakers at the end of play.
The was no winning starting price bigger than 10/1 amongst the seven races.
Despite the troubles in the Irish economy 10,000 Irish race-goers are expected to visit Cheltenham this year. Irish bookmakers Paddy Power is offering 5/2 that 225,000 pints of Guinness will be drunk over the four days of the Festival.
Warwick Bartlett of gambling consultancy GBGC expects a record £120m to be wagered this year over the four days of the Festival – including the Cheltenham Gold Cup: “UK Government cutbacks will not start to be felt until April so punters are likely to have a last fling before the recession really begins to bite.”
On day two many people’s banker bet will be Time For Rupert in the RSA Chase due off at 2.40.