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cheltenham festival / 2010 news /

totepool Records Crumble as Festival Hailed Huge Success
19/03/10

The Cheltenham Festival was hailed a huge success by totepool after turnover soared on three consecutive days and broke the £10 million barrier for the meeting.

After a steady start to the Festival, total turnover on Wednesday was 12% up on last year whilst Thursday's was 9.5% up on 2009.

However, the best was saved for last as turnover on the final day of the Festival was up a phenomenal 22% on last year at £3,371,321 compared to £2,761,909 in 2009. This gave a total turnover for the Festival of £10,013,877.

All totepool products performed extremely well at this year's Festival, with totewin beating the official SP in 21 of the 26 races. There was a record toteplacepot pool for both the Thursday and the Friday of the meeting, with the dividend on the final day of £41,288.40 the biggest ever at the Cheltenham Festival and the sixth highest in the bet's history.

The totequadpot also smashed records, with a record pool for the bet on Thursday of £48,797 being surpassed on the Friday with £54,177 being wagered into the pool.

The totejackpot rolled over on all four days so there is now a bumper pool of £387,501 which is carried over to tomorrow's John Smith's Midlands Grand National meeting at Uttoxeter.

There was some consolation for every totepool customer who had backed Kauto Star in the totesport Cheltenham Gold Cup as the horse qualified for the Festival Freefall promotion. This meant everyone who had placed a bet on the favourite received a £2 free bet on production of their losing betting
slip.

All the totepool Price Promise races paid more than the official SP but had the winner paid returned less, then totepool would have matched the SP.

For any punter who has a vested interest in horse racing, the Cheltenham Festival is an event to be missed, nor is the Cheltenham betting that goes hand in hand with it.