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Cheltenham Festival 2018 is fast approaching.

With thousands of spectators expected to rock up to this years Cheltenham Festival you can be sure there will be a lively atmosphere and hotter competition with the prize money rising to £4.6million over the 4 days.

Sportsmail provide you with all the latest you need to know ahead of the four-day horse racing event including dates, times, channel, dress code, betting and prize money.

Robbie Power riding Sizing John win the The Timico Cheltenham Gold Cup Steeple Chase

Robbie Power riding Sizing John win the The Timico Cheltenham Gold Cup Steeple Chase

When does Cheltenham festival start?

The four-day horse racing event at Cheltenham Festival takes place on the 13th, 14th, 15th and 16th March 2018.

  • Champion Day - Tuesday 13th March
  • Ladies Day - Wednesday 14th March
  • St Patrick's Thursday - Thursday 15th March
  • Gold Cup Day - Friday 16th March 


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Cheltenham Festival 2018 schedule

Day 1 and 2 of Cheltenham Festival 
Day 1 - Champion Day  Day 2 - Ladies Day 
13:30 - The Sky Bet Supreme Novices' Hurdle Race13:30 - Neptune Novices Hurdle
14:10 - The Racing Post Arkle Challenge Trophy Steeple Chase 14:10 - RSA Chase
14:50 - The Ultima Handicap Steeple Chase 14:50 - Coral Cup
15:30 - The UniBet Champion Hurdle Challenge Trophy 15:30 - Queen Mother Champion Chase
16:10 - The OLBG Mares' Hurdle Race 16:10 -Cross Country Chase
16:50 - The National Hunt Steeple Chase Challenge Cup 16:50 - Fred Winter Handicap Hurdle
17:30 - The Close Brothers Novices' Handicap Chase 17:30 - Champion Bumper
All times above are in GMT - Eastern Standard Time (ET-5) and Central European time (CET+1)
Day 3 and 4 of Cheltenham Festival 
Day 3 - St Patrick's ThursdayDay 4 - Gold Cup Day
13:30 - The JLT Novices' Chase13:30 - The JCB Triumph Hurdle
14:10 - The Pertemps Network Final 14:10 - The Randox Health County Handicap Hurdle Race 
14:50 - The Ryanair Steeple Chase 14:50 - The Albert Bartlett Novices' Hurdle Race 
15:30 - The Sun Bets Stayers' Hurdle 15:30 - The Timico Cheltenham Gold Cup Steeple Chase 
16:10 - The Brown Advisory & Merriebelle Stable Plate 16:10 - The St. James's Place Foxhunter Steeple Chase Challenge Cup 
16:50 - The Trull House Stud Mares Novices' Hurdle 16:50 - The Martin Pipe Conditional Jockeys' Handicap Hurdle Race 
17:30 - The Fulke Walwyn Kim Muir Challenge Cup Handicap Steeple Chase 17:30 - The Johnny Henderson Grand Annual Handicap Steeple Chase Challenge Cup 
All times above are in GMT - Eastern Standard Time (ET-5) and Central European time (CET+1) 

How to watch it on TV?

There will live coverage of Cheltenham Festival throughout the four-days on ITV Racing, and all races - including eight exclusively - are available to watch on Racing UK, Sky channel 432.

Cheltenham Festival betting and odds

Millions of pounds will wagered through-out the Cheltenham Festival duration.

Tread carefully though on placing ante-post bets on races at the festival, as the horse you put a wager on could be a non-runner and you won't be able to get your money back.

Here some of the latest odds on Grade 1 races: 

 Cheltenham Gold Cup betting odds:

  • Might Bite- 7/2
  • Native River  - 11/2
  • Sizing John - 6/1
  • Road To Respect - 9/1
  • Our Duke - 8/1
  • Killultagh - 10/1 
  • Definitely Red - 16/1
  • Total Recall - 14/1

 Queen Mother Champion Chase odds:

  • Altior - 4/6
  • Min - 9/4
  • Douvan - 4/1
  • Politologue - 7/1
  • Un De Sceaux - 6/1
  • Special Tiara - 14/1
  • Great Field - 16/1
  • Yorkhill - 16/1 

Champion Hurdle odds:

  • Buveur Dair - 4/9
  • Faugheen - 5/1
  • My Tent Or Yours - 9/1
  • Yorkhill - 8/1
  • Elgin -16/1
  • Melon - 14/1
  • Min - 12/1
  • Wicklow Brave - 14/1

 Stayers' Hurdle odds:

  • Supasundae - 3/1
  • Sam Spinner - 5/1
  • Yanworth - 4/1
  • Penhill - 9/1
  • Lami Serge - 12/1
  • The New One - 12/1
  • Unowhatimeanharry - 12/1
  • Bacardys - 10/1 

 *Odds provided by Oddschecker on 27th February 2018

Is there a dress code? 

The dress code for the festival duration is very lenient with a tendency to dress according to the weather during the winter months.

The leniency even stretches to fancy dress, but they do permit the right to refuse entry if your outfit is deemed inappropriate or offensive. 

However, unless you want to stick out like a sore thumb by turning up in your tracksuit bottoms it's probably best to make an effort. The majority attending take the opportunity to spruce up with smart and glamorous outfits. 

Carol Vorderman at the The Cheltenham Festival 2017 on St Patrick's Day Peter Crouch at the Cheltenham Festival 2017 on Ladies Day Sophie Tan, Stefanie Calleja-Gea, Lisa von Hallwyl at Cheltenham Festival 2017 on Ladies Day

Carol Vorderman, Peter Crouch among others dressing up for Cheltenham Festival in 2017

Cheltenham Festival prize money

The total amount of prize money available over the duration of the Cheltenham Festival is in excess of £4.6million.

According to the Cheltenham Racecourse, the majority of the prize money is distributed among Timico Cheltenham Gold Cup (£625,000), Stan James Champion Hurdle (£400,000), Betway Queen Mother Champion Chase (£400,000), Sun Bets Stayers' Hurdle (£325,000) and the Ryanair Chase (£350,000).

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