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Cheltenham Festival: Bookies reeling as punters cash in

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Vautour (Ruby Walsh)

Vautour romps to victory in the Ryanair Chase as the evens favourite

  PICTURE: Patrick McCann (racingpost.com/photos  

 By James Burn 7:30PM 17 MAR 2016 

THREE winning favourites on day three of the festival meant it was another successful afternoon for punters – and things could get worse for Betfred, who are facing a £1 million payout if Cue Card wins the Timico Cheltenham Gold Cup.

Jockey Club Racecourses, which launched the £1m chase triple crown last year, insured against the bet by backing a horse to win it with Fred Done’s firm.

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Cue Card has won the first two legs – the Betfair Chase and King George – and victory in the Gold Cup will prove expensive for Betfred, whose spokesman Mark Pearson said: “If Cue Card does it he’ll have certainly earned the bonus. It will be costly for us to watch history.” 

Layers began Thursday on the back foot after many market principals did the business on Tuesday and Wednesday, and things did not get better following wins for Black Hercules (4-1 co-favourite), Vautour (evens) Thistlecrack (evens) and Limini (8-11), while 9-2 shot Cause Of Causes did their cause no good in the last either.

‘Impossible task’

Pearson added of day three: “We’ve done our conkers. Seven double-carpet [33-1] winners on Gold Cup day might get us back level.”

David Williams of Ladbrokes said: “It’s hard to see a way back. It’s been ghastly. We were reeling after two bad days and a rotten third day has all but knocked us out.

“More Ruby Walsh winners and more short-priced favourites have combined to give bookies a hiding.”

Coral’s Nicola McGeady said: “Thistlecrack, Vautour, and Limini inflicted the most damage and, although there’s one more day to go, it looks like it’ll be an impossible task to get back in front.”

Liam Glynn of BoyleSports said: “Punters are smiling as they’re miles ahead and as we enter day four we could be facing the worst Cheltenham for bookmakers in modern history.”

Go to racingpost.com/freebets for the latest bookmaker offers

 

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