Approximately 35 million sports wagers were made on Flutter during the 2024 Cheltenham Festival.
Sports betting giant Flutter Entertainment reveals approximately 35 million wagers were placed on the Cheltenham Festival 2024 events through their platforms Paddy Power, Sky Bet, and Betfair.
Over 2.5 million punters placed horse betting wagers at the Cheltenham Festival
As reported by GAMBLING INSIDER [Link in English], over 2.5 million individuals participating in sports betting with Flutter Entertainment placed their picks for the races at this year's Cheltenham Festival.
On average, each bettor made 14 wagers throughout the four-day Cheltenham Festival. Karen McMahon, Racing Manager at Flutter UKI, commented on the significant volume of sports wagers placed at the Cheltenham Festival 2024:
"It's our time to shine, and we put in a lot of work to ensure our clients have a smooth and thrilling experience - hearts definitely race during this week." For a massive and fast execution, careful strategic planning is crucial to provide our customers with maximum entertainment.– Karen McMahon, Racing Manager at Flutter UKI, Flutter Entertainment**
Galopin Des Champs retains the Cheltenham Gold Cup title
This year's Cheltenham Festival delivered a multitude of exciting moments for horse racing fans. Yet, for many sports betting fanatics, the Cheltenham Gold Cup was the ultimate attraction. Much like the previous year, the horse Galopin Des Champs successfully defended its prestigious Cheltenham Gold Cup title. This triumph also marked Willie Mullins' 100th major victory as a trainer.
For jockey Paul Townend, this victory represented his fourth time winning the Cheltenham Gold Cup. Besides his two victories with Galopin Des Champs (2023 and 2024), Townend also triumphed in 2019 and 2020 with the horse Al Boum Photo.
£35,000 win at the Cheltenham Festival
On the opening day of the Cheltenham Festival, an individual at the betting platform William Hill secured a substantial £35,000 (€40,930) winnings with a moderate £5 stake. The successful prediction was for the winners of all seven races.
The bettor concentrated their wagers on horses trained by Willie Mullins. Their sports bets included the horses Gaelic Warrior (2.50), State Man (1.36), Lossiemouth (1.67), Slade Steel (4.50), Chianti Classico (5.50), Lark In The Mornin (6.00), and Corbetts Cross (2.50).
Following the impressive 35 million wagers placed on the Cheltenham Festival 2024 events, the news of a significant increase in horse betting participation was announced. Over 3 million more punters than the previous year joined in, placing their bets through Flutter Entertainment's platforms.
Interestingly, these news reports also highlighted that on average, each bettor made an additional wager compared to the previous year, with over 15 wagers each during the four-day Cheltenham Festival.
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