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Cheltenham Festival 2016: Bookmaker questions and answers

By Keith Hamer

Published 15/03/2016

CHELTENHAM, ENGLAND - MARCH 16: Racegoers arrive at the course during Ladies Day of the Cheltenham Festival at Cheltenham Racecourse on March 16, 2016 in Cheltenham, England. (Photo by Mike Hewitt/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: Racegoers arrive at the course during Ladies Day of the Cheltenham Festival at Cheltenham Racecourse on March 16, 2016 in Cheltenham, England. (Photo by Mike Hewitt/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: Owners cheer home Any Currency in The Glenfarclas Steeple Chase at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: Owners cheer home Any Currency in The Glenfarclas Steeple Chase at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
Partner of Lee Westwood, Helen Storey during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Former footballer and tv pundit Alan Shearer during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips and husband Mike Tindall during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 16: Barry Geraghty falls from Campeador at the last in The Fred Winter Juvenile Handicap Hurdle Race, before both getting up unhurt, at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
A female racegoer during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Campeador ridden by Jockey Barry Geraghty falls in the Fred Winter Juvenile Handicap Hurdle during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips (second from left) during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Any Currency ridden by Aidan Coleman jumps the last fence on the way to winning the Glenfarclas Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jockey Richard Johnson ends up in the hedge after falling during his ride on Balthazar King in the Glenfarclas Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Balthazar King ridden by jockey Richard Johnson falls during the Glenfarclas Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Balthazar King ridden by jockey Richard Johnson falls during the Glenfarclas Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
The Princess Royal (right) and Zara Phillips (left) watch the Queen Mother Champion Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Mike Tindall (left) and Zara Phillips(right) during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Wales rugby players Alex Cuthbert, Jonathan Davies and Rhys Priestland watch the Queen Mother Champion Chase during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Nico de Boinville celebrates after winning the Betway Queen Mother Champion Chase with Sprinter Sacre during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Nico de Boinville celebrates after winning the Betway Queen Mother Champion Chase with Sprinter Sacre during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 16: Gordon Elliott (R) celebrates at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: iphones at the ready as Sprinter Sacre returns after winning The Betway Queen Mother Champion Steeple Chase at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: Nico de Boinville riding Sprinter Sacre sprint up the hill to win The Betway Queen Mother Champion Steeple Chase at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
Nico de Boinville celebrates after winning the Betway Queen Mother Champion Chase with Sprinter Sacre during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 16: Roi Des Francs ridden by Ruby Walsh (L) and Le Mercurey ridden by Sam Twiston-Davie clear the water jump in the RSA Chase on Ladies Day of the Cheltenham Festival at Cheltenham Racecourse on March 16, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
A racegoer drinks from a bottle of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer drinks from a bottle of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer drinks from a bottle of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer drinks from a bottle of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer drinks from a bottle of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A general view of bottles of Moet during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
The Princess Royal (right) and Zara Tindall (centre) watch the Neptune Investment Management Novices' Hurdle Race during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 16: Yorkhill (r) ridden by Ruby Walsh clears a flight on way to winning the Neptune Investment Management Novices' Hurdle on Ladies Day of the Cheltenham Festival at Cheltenham Racecourse on March 16, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
Golfer Lee Westwood (right) during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers take a selfie during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Sophie Lydia Smith during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer wears a colour hat during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Racegoer Michelle Foley with son Freddy from Nottingham during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers in fancy hats during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer in a fancy hat during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer arrives for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer in a fancy hat during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer in a fancy hat during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer reads the Racing Post during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
AP McCoy's wife Chanelle McCoy (left) and friend arrive for during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ladies hat fashion during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers take a selfie as they arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Sophie Lydia-Smith (right) during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Sophie Lydia-Smith takes a selfie during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Sophie Lydia Smith during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A racegoer arrives in a pink suit during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer arrives for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A silhouette of Ladies Hats during Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer arrives for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
John Motson arrives for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A group of female racegoers including Wife of Jockey Chris Johnson, Fiona (second from left) arriving for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
A female racegoer arrives for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Female racegoers arrive for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 16: Racegoers arrive at the course during Ladies Day of the Cheltenham Festival at Cheltenham Racecourse on March 16, 2016 in Cheltenham, England. (Photo by Mike Hewitt/Getty Images)
CHELTENHAM, ENGLAND - MARCH 16: Racegoers on Ladies Day at Cheltenham racecourse on March 16, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
A racegoer wearing a purple suit arriving for Ladies Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Wednesday March 16, 2016. See PA story RACING Cheltenham. Photo credit should read: Joe Giddens/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 15: BJ Cooper on The Game Changer and Noel Fehily on Baltimore Rock during the Racing Post Arkle Challenge Trophy Steeplechase during the Champion Day at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
CHELTENHAM, ENGLAND - MARCH 15: Ruby Walsh celebrates after riding Annie Power to victory in the Stan James Champion Hurdle Challenge Trophy Race on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
Golfer and racehorse owner Lee Westwood celebrates with Ballyalton after victory in the Close Brothers Novices' Handicap Chase with jockey Brian Hughes (not pictured) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Close. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 15: Racegoers enjoy the atmosphere on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
Racegoers in vibrant dress during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PA
Ruby Walsh celebrates after riding Annie Power to victory in the Stan James Champion Hurdle Challenge Trophy Race on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
A racegoer enjoying a small bottle of Moet champagne during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Golfer and racehorse owner Lee Westwood celebrates with Ballyalton after victory in the Close Brothers Novices' Handicap Chase with jockey Brian Hughes (not pictured) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Ballyalton (right) ridden by Brian Hughes jumps the fence ahead of Aloomomo ridden by Gavin Sheehan (left) on his way to winning the Close Brothers Novices' Handicap Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Golfer and racehorse owner Lee Westwood celebrates with Ballyalton after victory in the Close Brothers Novices' Handicap Chase with jockey Brian Hughes (not pictured) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Close. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Golfer and racehorse owner Lee Westwood and his father John (left) celebrate with the trophy during the presentation ceremony for the Close Brothers Novices' Handicap Chase after Ballyalton wins with jockey Brian Hughes (not pictured) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Close. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 15: Racegoers enjoy the atmosphere on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
A racegoer reacts during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Owner Rich Ricci and Susannah Ricci with Vroum Vroum Mag after winning the OLBG Mares' Hurdle during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Trainer Willie Mullins and jockey Ruby Walsh after Vroum Vroum Mag wins the OLBG Mares' Hurdle during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 15: Spectators show their support for jockey Ruby Walsh on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Mike Hewitt/Getty Images)
Trainer Willie Mullins during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
CHELTENHAM, ENGLAND - MARCH 15: Racegoers watch the action during the Stan James Champion Hurdle Challenge Trophy Race on day one, Champion Day, of the Cheltenham Festival at Cheltenham Racecourse on March 15, 2016 in Cheltenham, England. (Photo by Michael Steele/Getty Images)
CHELTENHAM, ENGLAND - MARCH 15: Bookmakers boards at Cheltenham racecourse on March 15, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
CHELTENHAM, ENGLAND - MARCH 15: A racegoer cheers home Annie Power at Cheltenham racecourse on March 15, 2016 in Cheltenham, England. (Photo by Alan Crowhurst/Getty Images)
Racegoers enjoying a small bottle of Moet champagne during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Douvan ridden by Ruby Walsh after winning the Racing Post Arkle Challenge Trophy Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Winning jockey Ruby Walsh and trainer Willie Mullins (right) celebrate with the trophy after victory on board Annie Power in the Stan James Champion Hurdle Challenge Trophy during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Chanelle McCoy (right), wife of Sir Tony McCoy arriving at the course with a friend (name not known) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Tony McCoy during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips (centre) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Former Champion Hurdle winner Punjabi ridden by Rachael Kempster in the parade ring during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jo (left) and Laura Mason from Malton in Yorkshire during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jamie Redknapp during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Winning trainer Nicky Henderson (right) talks to Rich Ricci after the Sky Bet Supreme NovicesÄô Hurdle during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips (centre) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Racegoers in the stands during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jockey Nico de Boinville and Altior in the winners enclosure after victory in the Sky Bet Supreme Novices' Hurdle during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Racegoers cheer on their horse during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jockey Aiden Coleman after falling during the Ultima Handicap Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Ultima. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Zara Phillips (2nd left) watches the Ultima Handicap Steeple chase on a gaint Tv screen alongside Owner Trevor Hemmings (left) and Sophie, Countess of Wessex (second right) during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Andrew Matthews/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jockey Aiden Coleman falls during the Ultima Handicap Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: Mike Egerton/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Out Sam ridden by Gavin Sheehan (front, right) in action in the Ultima Handicap Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Jockey Tom Scudamore celebrates with Un Temps Pour Tout in the winners enclosure after victory in the Ultima Handicap Chase during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Ultima. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.

Cheltenham Festival is the biggest race meeting of the year when bookmakers and punters go head-to-head over the four days. Stacks of money will change hands as the two sides back their views in hard currency.

Keith Hamer posed these questions to bookmakers' representatives David Williams, of Ladbrokes, and William Hill's Jon Ivan-Duke:

1. What is the mood of bookmakers going into the first day of Cheltenham?

(DW): "Half excitement, half terror. It is the biggest week of the whole year. It sets the pulse racing like no other week, but it is one week above all others that can make or break you."

(JI-D): "We are bullish. We think we can get some of Willie Mullins' horses beaten."

2. What is your biggest fear on day one?

(DW): "It is the Ruby Walsh, Rich Ricci, Willie Mullins four-fold - Min Douvan, Annie Power and Vroum Vroum Mag. If we end up at the mares' race as we did last year that does not bear thinking about. We had an act of god coming to our rescue last year with Annie Power (falling). We'd be desperate not to be in a position where we need a result in the mares' race. If we do, that would be a nightmare scenario."

(JI-D): "We fear Willie Mullins. He has an incredible chance of getting up the four-timer. Had Annie Power not fallen it would have cost us £8million alone last year. If all four go in this year you'd be thinking it would cost us a similar amount. It could be a catastrophic first day for bookmakers."

3. What favourites do you think are worth opposing that might you might get beaten?

(DW): "Min and Annie Power are the two I think bookmakers will try and get. If we can get them both beaten, it will be a very good day. If we can get one of those two beaten I think we might almost take it because day one is all about the accumulators. If Douvan stands up he wins, so too Vroum Vroum Mag. She's so far ahead of the rest."

Winning jockey Ruby Walsh and trainer Willie Mullins (right) celebrate with the trophy after victory on board Annie Power in the Stan James Champion Hurdle Challenge Trophy during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.
Winning jockey Ruby Walsh and trainer Willie Mullins (right) celebrate with the trophy after victory on board Annie Power in the Stan James Champion Hurdle Challenge Trophy during Champion Day of the 2016 Cheltenham Festival at Cheltenham Racecourse. PRESS ASSOCIATION Photo. Picture date: Tuesday March 15, 2016. See PA story RACING Cheltenham. Photo credit should read: David Davies/PA Wire. RESTRICTIONS: Editorial Use only, commercial use is subject to prior permission from The Jockey Club/Cheltenham Racecourse. Call +44 (0)1158 447447 for further information.

(JI-D): "We look at Min and think he's vulnerable against the Nicky Henderson horses. I think it's the wrong trip for Annie Power. She's traditionally been better over further and there's no guarantee she's going to be pacy enough over two miles to beat the likes of The New One and My Tent Or Yours. We think Willie Mullins will have two winners but that we can get two beat - Min and Annie Power."

4. If results go against you, what bearing would that have on the rest of the meeting?

(DW): "If all four win it will be a long way back for bookmakers. You could almost have three decent days after that and you still might not make up the damage from the first day."

(JI-D): "If we have a bad first day then it will be difficult to recover. We'd need to have three significant winning days to get the money back if the Mullins' horses win on Tuesday. The first day is crucial and if Min gets beaten in the opener, bookmakers will be smiling."

5. How important is it in relation to the week as a whole?

(DW): "It is the most significant day of the four. If bookmakers somehow manage to have a good day on Tuesday, they will start getting more confident and taking on more favourites later in the week. If it all goes wrong, we will be really up against it."

(JI-D): "It sets the tone and if those four all go in we'll be chasing our tails for the rest of the week."

6. What is your first day banker?

(DW): "Personally I can't see how Vroum Vroum Mag will be beaten. I think it's a poor race and she is one of the few horses in there who is the opposite of poor. She is very good."

(JI-D): It's not an original selection, but I believe Douvan is a good thing in the Arkle. I think he's the best horse in training. It's very difficult to see him getting beat."

7. Which horse or race are you most looking forward to seeing the most this week?

(DW): "Sprinter Sacre in the Queen Mother Champion Chase because he's a horse that has electrified many people in recent years. I, like all racing folk, love a comeback story and this would be one of the greatest comebacks in National Hunt racing. If he was still there serving it up to Un De Sceaux on Wednesday two out I think that would a great moment. That would be sensational."

(JI-D): "I think the Gold Cup is going to be a cracker. It's a shame Coneygree isn't there but we've got some of the best horses we've seen for many years and it should be a classic. What a story it would be if Willie Mullins finally won the race, there's Cue Card going for the £1m bonus, Gordon Elliott has a top horse in Don Cossack, or can Hennessy winner Smad Place do a Denman? It looks a race to savour."

8. How much money will be bet at Cheltenham this week?

(DW): "I think £200m is a credible figure across the four days. The first day £60m. It will be quieter on Wednesday and Thursday, about £40m each, and then a big finish on Friday with the Gold Cup being the biggest day of the week and also a surge of interest in the Foxhunters."

(JI-D): "We think over the course of the week as much as £350m could be wagered across the industry. The biggest betting peak is the build-up to the Cheltenham Gold Cup when we will take 10,000 bets a minute. It's the biggest betting race after the Grand National."

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