• HELP US - Become a Patron - Fat Jockey is a horse racing community focused on all the big races in the UK and Ireland. We don't charge users but if you have found the site useful then any support towards the running costs is appreciated ... a small donation each month would be a huge contribution. Become a Patron!

How you approach the festival

jono

Fat Jockey Patron (est. Jan 2021)
Joined
Sep 4, 2016
Messages
3,077
Reaction score
480
Points
83
Location
Southampton, Hampshire
So with just 33 days to go until another festival, how does everyone approach the 4 days?

Do you bet on all 28 races at the festival without fail?
This is one area i'm hoping to improve upon this year. I can't think of a festival where I haven't bet on every race, even if I don't have a particularly strong fancy in the race. Last year was a prime example where by the last races on the Friday, after almost 4 whirlwind days at the festival I had barely looked at the Grand Annual and having no strong idea on the winner I think i pretty much just plucked 2 horses out with little reasoning, with it being the final race I felt I had to have a couple of bets in the race. The least said on where these horses came the better...:disgust: i'd have been much better spending the money on pints that evening! I also tend to start off the week with have a set amount of points per race regardless of how I feel i'll do in each race. Stakes will increase as the races go by especially if i'm 'up' and i can afford to put larger bets down, or if on the morning the days card really screams for it (i.e last Thursday with Vautour/Thistlecrack/Limini). But essentially going back to the first point about not betting on every race - adjusting my stake for each race based on my selections/confidence rather than a blanket 1pt for each race. Definitely an area I can try and improve on.

When do you make your final selections?
Do you have your final selections done by the Monday before? Or each night before?
Being at the festival for the entire week means form study during that time is very sparse so it's very much a case of packing in the reading in the weeks leading up to it for me. Every year i'm itching for the NH season to get into gear in the summer and crack on with antepost with an eye to March but every year it still seems to come around quickly and even now i'm thinking I have a LOT of reading/studying to do for all the races! I'll (hopefully) have a decent take on the main races a few weeks before and then i'll work my way through the others. Obviously the handicaps are the tricky ones to do in advance. I'll have a few horses on my radar and then when the entries come out i'll try and go through each race and narrow it down to 5-6 horses so at least when it comes to the day/festival week I have a good starting point. It'll then be a mix of betting online/at the course before each race, bar what I have covered in antepost.

In the days leading up to the festival i'll also try and write down a list of horses who share strong form lines and have collateral form. If i can remember i'll then try and keep them in mind across the 4 days. An example: The New One winning the Neptune on the Tuesday. The race before that he had just got beat a neck by At Fishers Cross. Come the Friday AFC had been given a great form boost there and followed that up to win the Albert Bartlett.

How antepost betting (if you do it) effects your picks?
By the sounds of it the majority of posters here (myself included) enjoy betting antepost and have already built up a decent antepost book as the season has unfolded. How does this affect the race come the day? Will you bet on the same horse(s) and top up the bet if you still fancy it? Pick out another horse or an each way as they are already covered? Sit back and just watch the race unfold? Keen to see how others approach this. I don't really have a set rule. Sometimes i'll go in again on the same horse if i think the value is still there. Other times especially if my antepost bet is no longer looking so good i'll back another horse in the race.

Placepots/Lucky15's/Yankees etc?
Do you have a particular method for these if you place any? I tend to do a couple of placepots each morning, one being between a few of us, then will maybe place a lucky15 (betfred treble the odds) or yankee or two throughout the week.
How about everyone else?

Trends & Stats
How much importance do you take with trends and stats? Do you form your own opinion and then consult trends afterwards? Do you use trends to narrow down your selections to a more manageable number of horses to then study the form? Any strong trends and stats you always rely on? I'll generally try and avoid looking at trends too much until I have a decent idea on who I think will win the race. A lot of the trends i'll be aware of anyway so may effect my judgement without consciously thinking about them. Handicaps are probably one area where I do sometimes look to them beforehand to try and narrow down such a large amount of entries.

I am a big fan of festival/course form and also on the recent records of trainers/jockeys/owners, with them being creatures of habit once they find a winning formula in a race they'll often try and repeat it. Jockey bookings in the amateur races as discussed are essential.

A nice little one I'll be keeping an eye on this year is how Sam Twiston-Davies is doing during the week. This could easily have 0% chance of happening but in 2015 he got his first winner on Aux Ptits Soins in the Coral Cup to then follow that ride up winning with a confident ride on Dodging Bullets. 2016 he rode the winner of the Fred Winter and straight away followed that up on Ballyandy. He's not a bad jockey but I do feel like the pressure he is under under Paul Nichols means he can sometimes effect his ride (like Daryl Jacob imo he is a confidence jockey) so just getting that one winner can be a huge relief and weight off his shoulders for him to then be able to go out there and be relaxed, hence a good chance of him picking up another winner. He might only get a couple of winners but be wary they may come one after the over/close together.

I quite like looking into the trends as well to see if they have been misunderstood - trends where horses aged X have a poor record can be true but when looked into may have not had many runners and actually have performed ok, that kind of thing. Weights under/over are also less of a concern for me. I don't tend to go back too far, only looking at the last 5-6 years as well as I personally feel like 10 years (generally the most common i've seen) is too long and so much can/has changed in that time.

Probably the 2 trends/stats that I tend to always rely on overall are to avoid horses 10+ in the championship races unless exceptionally circumstances (the good - Sprinter Sacre) and to avoid last time out fallers (the bad - Black Hercules)

Specific Approach for certain races?
Do you approach certain races differently? Do you have some races you'll avoid and can never seem to back a winner? Races where you're on a roll? A strong trend/angle in any that has served you well?

I'm sure i've missed plenty out so feel free to add. Hopefully we can all chip in and give some pointers for eachother :encouragement:
 
I do most betting antepost. I'm all about landing a life changer but usually end at least a little ahead. I seldom back shorties but Limini last year etc couldn't be passed over.

I will cover a few positions or back a trainer or jockey in form during the week - in the morning rather than on course but generally let it roll.

All 28 races - regrettably yes. I used to avoid amateur and cross country races but found backing jockeys rather than horses works in these.

I think you are right about stats - handicaps changed out of recognition in my time doing this. Last five years probably about right. I do like looking at trial winners - there are patterns in these.

Looking for related form also a good angle - Moon Racer / Ballyandy double etc.
 
Last edited:
I try to not bet on all the races if I can. Where if I can not afford to back a banker unless even 5/4 I just enjoy the race. The ante post betting I try to start that around start of November. This year I changed a little bit by having few more double and trebles. I cant believe this year will be so different with me being there on the Tuesday. This weekend will be the first I take a look at the handicaps start getting a few horses noted down who to bet on when I'm there couple already noted down when I was at trials day so that helps this year where in the past it hasn't. Trends I try to look at the handicaps mainly. Major races your more likely to see each winner on TV so makes it a bit easier. I usually do lucky 31 try cut it down to lucky 15 this festival.
 
Good post Jono. I've been betting at the festival for almost 20 years and during that time I've never missed betting on a single race. Every race is a puzzle that I need to try and solve, with some of my best returns being in the handicap races.

Most of my selections will have been picked out by the start of March but I regularly back 4, 5 or even 6 horses in the handicap races, most of those are price dependant on the morning of the race. Cheltenham is unique, in that every horse is trying to win in those 28 races.

Ante post is an opportunity to get me in a decent position and by the eve of the festival I'll have staked approximately half my betting bank - these will mainly be on the graded races. In the past I've found that I've had big bets ante post in the handicaps, then come the day of race I've completely gone off my selection but have been stuck with it. I'm far more selective with handicaps when betting ante post these days.
 
By scouring twitter for preview night reports ...
 
Like most, try to find the ones that I think will be drastically shorter on the day from an ante post stance. Usually looking for something to take a favourite on with especially with hype horses.

Love the anticipation and build up with the blogs & preview reports.

Not missed a festival since montelado won the supreme - often just go on the Tuesday with the rest of the week in the pub & bookies.
 
Tuesday normally the best day but substandard supreme and champion hurdle this year.
 
If you're a pro punter you back only horses/races where you have an edge, if you're a horse racing fan you bet every race because you love the spectacle and there is only one Chelt festival !
 
Jono you probably know better than me but suspect you could have profited backing favourites in Grade1 races over last 2/3 festivals ?
 
I'm more of longshot/life changer with antepost than actual singles.

Love a placepot at the festival though have only landed it once.

Will have a multiple on Monday once the runners become clearer and it's usually down by 1:35 on the Tuesday!


One of my fav races is the Supreme but I have only ever won with a small saver on Cinders and Ashes!
 
I will have something on every race at the festival.

As I have posted before, I start Antepost betting as soon as the last festival finishes, BUT only use Free Bets until January.
This way, I minimise tying up too much cash for 12 months and that far in advance, I focus on singles where the target is RELATIVELY likely (ie. Championship Races, X-Country, Foxhunters and maybe some novice chases)

(The downside of this is that you may miss a juicy price whilst waiting for a Free Bet to be available BUT the markets are less volatile pre-xmas).

From January onwards, I will start to use cash (sparingly!) to fill holes in races and start building some multiples.

When it gets to Fez week, if I think that I have a race covered, I will sit back and enjoy the racing.
If I feel that I have "missed one" (this year - possibly Melon if Ruby gets on board) I will either back on the day OR include it in a Lucky 15/Yankee.

Trends wise - I tend to use my own judgement and if I am torn between horses, I either back both (price dependent) or use the trends to force me one way or t'other.

My Achilles Heel is that when I am sat in the B&B on the Friday morning with a couple of hours to kill, wifi connection and betting accounts full (hopefully) of cash.... It is amazing how many "creative bets" you can think up when you have time to kill (not always that successful either!)
 
Where I annoy myself is the amount I stake on handicaps.
By their very nature every horse should have a chance so I've focussed on champs and novice races over the years but I always get drawn into a plunge/plot horse that invariably hurts the P&L.

I rarely bet AP, this has been an exceptional year for which I hold you all accountable.
I also get so much info on the day, Geraghty will take us through the card and the weighing room talk, a very well respected ex bookie always gives me his value bets, I use the trends for each race, all of this usually means having 2, 3 or 4 in each race so I need a few pick ups to turn a profit.

Best week of the year though....
 
I'm very much a ante post multiples wh*re!

Singles I tend to do on the day or day before once declarations have been made, rarely miss a race unless what I already need is too short, i.e. Altior & Douvan looking likely this year. I may look in the 'without' markets.

I start my ante post multiples in November (very risky I know, and from my experience not very profitable, but 'one day' I will get it right), from there on in I build my multiples up, January and February I increase the level laid out as we get more of a picture 'usually' until Mullins decides to pull the plug or change route of a few anyway!

I probably have another 5 multiples to stick on in the next couple of weeks then I will be done with them, though on the day I do the card in a small super heinz.

I tend not to worry about what I have laid out and I have always called it a investment, due to never, in my knowledge, making a loss on the festival, it works for me and I guess that is all that matters.

I do like tends and stats but I am also weary that I am looking for confirmation bias, i.e. only searching and reading the stuff I want to see and ignoring other parts of the trend/stat.

I don't believe in jockey form over the festival, if the horse is good enough and in most cases can jump a fence/hurdle then it's the right call regardless of jockey booking, though a lot of the best horses have the best jockeys on anyway.

I do think trainer form is a big factor though, you don't want a yard completely out of form IMO.

I have a weird belief that if I think a trainer got unlucky last year or even placed in a certain race that they make no mistake this time around, it happened for me with Found in the Arc last year, the previous year getting no run whatsoever, this year turning up and blitzing them, so I always look for that angle. The main one I have for this year from the last festival was If In Doubt and Phillip Hobbs for the Pertemps, I mean he already seems to do well in the race anyway which is a positive in its own right, but If In Doubt got really unlucky last year, and he has 2 solid looking chances, I have covered Golden Doyen in a lot of bets, but will back For Good Measure on the day probably, just a thought process that goes on in my head, it may mean absolutely nothing, but I like to think this angle works for me.
 
A relative newcomer, I've only really been into the last 5 or so festivals.

2 things annoy me

1. I always lose money on Wednesday
2. I always waste too much on the bloody handicaps

I always try to address this, and always end up betting on every single race like a chump.

I used to be a lot more into the AP betting, but last year really annoyed me, so I've mostly swerved it this year (thankfully) focusing on some singles where I think I'll get value ahead of the on the day price. Oh and some life changer ridiculous accas obvs, only a quid each way. Best I ever had was an AP 4 fold of Silvianco Conti for the King George, Faugheen for the CH, UDS for the Arkle and Vatour for the JLT placed in December - a tenner at 200/1 paid for most of my wedding!

I used to be really terrible for backing lots of horses in a race (hello handicaps) but I've gotten better at backing my main shot and using offers like Skybet's money back in the novice races last year to cover them. The last two years my singles have only broken even and it's been multiples that have made me my cash which isn't really sustainable.

On multiples, I usually try to get one banker lucky 31 across the week, one e/w value L31 across the week, and then I'll do an individual L15 on each day, with a quid on the whole card (I once went through the card at Ascot having not done this and I've hated myself ever since). I've gotten quite into trixies though, just as it's a bit easier to manage a higher stake

Overall, my main thing is to be very strict with my stakes etc, as I'm not some big swinger and I like to have fun. Wednesday last year where I was down a lot (coupled with a hangover from free booze in the sponsor's box on the Tuesday) wasn't fun. Likewise the single biggest bet I've ever had was £50 on Faugheen in the CH two years ago at like 5s AP and I just felt ill. £20 per race max, and enjoy some great racing and try to hustle some profit.
 
For some reason (and I'm not actually quite sure why), I seem to gravitate to Davy Russell (EW) in the Handicap Chases....
I am sure that Jono will have some stats somewhere, but during my very short period of interest, he seems to get horses into the frame at least....

Feel free to come back with some stats that completely disprove this, as I don't have any facts to back it up... more of a hunch really.
 
For some reason (and I'm not actually quite sure why), I seem to gravitate to Davy Russell (EW) in the Handicap Chases....
I am sure that Jono will have some stats somewhere, but during my very short period of interest, he seems to get horses into the frame at least....

Feel free to come back with some stats that completely disprove this, as I don't have any facts to back it up... more of a hunch really.

Russell...


2016: 2-13 (15%) +£15
2015: 2-5 (40%) +£17
2014: 3-12 (25%) +£37
2013: 1-7 (14%) +£2
2012: 1-12 (11%) -£8
Overview: You simply can’t keep Davy Russell out of the winner’s enclosure at the festival, as he again produced the goods for his followers in 2016 with a double and yet another level stakes profit to boot. In fact, following Russell blind here for the last 10 festivals showed an incredible +£114 profit.
While following Russell on anything he rides across the four days is one way of taking on the bookies, it may pay further dividends to side with those who ran at Leopardstown or Fairyhouse last time (12-53, +£83).
 
Just done a quick look at 2016
Davy Russell had 4 handicap rides.

Ultima, 4th of 23 @ 10/1
Coral, 1st of 26 @ 12/1
Pertemps, 1st of 24 @ 14/1
Grand Annual, 2nd of24 @ 8/1

Giving Handicap Form figures at 2016 festival of 4112, all in 20+ field races!!!!!!

That's given me the urge to look back over a longer timeframe....
 
STD for jono

2016: 3-18 (17%) +£24
2015: 2-17 (12%) -£1
2014: 0-15 (0%) -£15
2013: 1-13 (8%) -£8
2012: 0-10 (0%) -£10
Overview: Having ridden his first festival double in 2015, Sam Twiston-Davies returned to boot home a treble 12 months ago, including a 28/1 success on Solar Impulse in the Grand Annual Chase. That triumph also came for Paul Nicholls, for whom he is now 4-31 (+£21) at the meeting, while his two rides for father, Nigel, last season resulted in a 5/1 winner. Twiston-Davies also recorded a higher strike-rate in non-novice events at 6-64 (9%) than in novices (1-26).
 
Russell...


2016: 2-13 (15%) +£15
2015: 2-5 (40%) +£17
2014: 3-12 (25%) +£37
2013: 1-7 (14%) +£2
2012: 1-12 (11%) -£8
Overview: You simply can’t keep Davy Russell out of the winner’s enclosure at the festival, as he again produced the goods for his followers in 2016 with a double and yet another level stakes profit to boot. In fact, following Russell blind here for the last 10 festivals showed an incredible +£114 profit.
While following Russell on anything he rides across the four days is one way of taking on the bookies, it may pay further dividends to side with those who ran at Leopardstown or Fairyhouse last time (12-53, +£83).

Wow! Thanks Statto!
Do you have (easy) access as to which races he won at those Festivals? and also how many others placed?
(Maybe I'm chancing my arm a little.. but it never hurts to ask! :encouragement:

I have a feeling that Following in purely handicaps, may increase the profit further???
 
I have been looking forward to get the time to comment in this thread! Not had the time until now :encouragement:

Do you bet on all 28 races at the festival without fail?

Short answer -Yes. I always have I always will.

Even if I was a pro punter, I think I would still view this week as the incredible entertainment that it is supposed to be. Some races I will feel I am 100% clued up, got a great position and feel like I am some kind of guru... other races I will be backing things based on nothing more than whims, luck and someone elses hard work! As FM said, "every race is like a puzzle", and I fully agree. I spend SO MUCH time thinking about the festival and enjoying the build up and paths there that I would; as gauling as it might be, think I'd still not regret anything even if I didn't have a winner all week!

If I couldn't afford to bet in every race, and only had enough for example for half the races, I'd just half my stake so that I had a bet in every race. I completely, 100% would agree with anyone who doesn't think this is the best way to punt but because the festival is what it is, in all of the races I haven't punted in I WILL GAMBLE


When do you make your final selections?

I will certainly have backed at least one horse in every single race by the Monday night. (In fact, there are only 5 races I am yet to have a bet in) I will drift off to sleep each night for about a week before by just methodically thinking about the race card order and my selections. In previous years I have waited until the night before, and had bets on the day. I still think I will have bets on the day this year (I will only be at the track Tuesday) ... but there is good late info around (like Ista said) and I think in general, you wait until the latest possible moment to play your hand. Ground, jockey form, previous related results and so on (that you have all covered later) affect things. In that sense, I won't be giving myself the best possible chance of having a winner, HOWEVER, I feel like ante-post value-snaffling compensates for that!

How antepost betting (if you do it) effects your picks?

Hugely. Absolutely key. I've been betting and recording my Cheltenham bets since 2011 (live and AP). My first year having ante-post bets was 2012, and stayed at a consistant level until 2015 (30 odd points ante post). 2015 was a game changer, because I had my biggest ever return from an ante post bet (very similar to someone elses minus Conti) ... That big win must have given me the bug for it, and last year (2016) was about 90 points ante post.
This year I have already invested 586 points ante post and I would dare say I am not finished yet. What this will mean this season more than ANY other is that I have huge percentages of runners covered and that will affect my picks on the day. In some races I won't actually need a pick anymore. In some races I will be "arbing" and I am very seriously considering LAYING this year. Laying my stake off. Need to get some advice on this though and I am not sure if I'll take it too far and take some of the enjoyment out of it. As someone else said, it is a bit like an investment. The way I view it, is that I have already SPENT this money, it is GONE and if I get literally no returns, I have been PAYING for the entertainment. It is a price I am fairly happy with paying so far. (Hindsight may alter that?!)

Placepots/Lucky15's/Yankees etc?
I don't do the placepot unless I am with someone that wants to.
I do enjoy ante post lucky 15s and yankees, certainly more-so now than ever before. (Forum to blame?). I sometimes wish I placed more bets like mayo that are life changers ... I feel like mine are more "slow and steady wins the race". I don't place enough bets to wins huge sums, however the way I am punting (recording every signle bet now since 2015) is delivering steady, (albeit modest) profits month to month - so I feel like if it ain't broke....

I do think this year, because I will have more races covered than ever before, I'll have more time to consider life changing yankees though. Had plenty of nice trixie's throughout the flat season in 2016 which I will hope can serve me well at Chelt too :triumphant:

Trends & Stats

This is really interesting and I think has been discussed in some detail elsewhere (and shall be again). I really like your angle in to looking at stats that are perhaps "misunderstood" ... that is always a way to get a possible edge and you should keep that up. Statto's page looks brilliant and he has already produced some fantastic bits of information. Certainly the Davy Russell one is firmly in my mind now and is the kind of thing that'll stick with me. I would NEVER rule a horse out based on stats, but the more that fit, the happier and more confident I become. I suppose that is my general rule. I have a huge amount of respect for some people that swear by them and I think that has to be factored in, even when I don't strictly follow them myself.

Specific Approach for certain races?

I tend to pick up plenty of free bets during the festival. I have always thrown those on big prices in handicaps. Multiple free bets on 16/1+ shots seems as good a way as any to throw them away. Suppose I have used that approach in the bumper too in previous years.

-------------------------------------------

All your bits answered I think jono.... I used to go to the festival (Tuesday) with XXX amount in my pocket. I would bet, eat and drink, and be over the moon if I didn't need to use my debit card! Does anyone still do that? I remember being empty after the champion hurdle so had to get the debit card out ready for Quevega... she got me back level, before I drank the rest away... :very_drunk: It was a fun way of enjoying the festival and although I can't see myself ever doing that again ... it was a fun enough way to get me hooked!