Cheltenham Festival 2023: Day One Preview, Tips
We're back! The 2023 Cheltenham Festival is here, and it's going to be a belter! 28 races, almost all of them head-scratching puzzles in terms wagering possibilities... and that's just as it should be! Let's get straight to it.
1.30 Supreme Novices' Hurdle (Grade 1, 2m 1/2f)
Half past one on the middle Tuesday in March is when the roar reverberates around the Cotswolds as racing regulars and occasionals alike release 361 days' worth of waiting for the first of seven races on the first of four days of fiercely contested battles.
The Supreme is sometimes won by a clear cut favourite - think Appreciate It or Douvan - but, more often than not, the waters are muddier and the multiple returned for finding the winner more appealing. This year falls into the latter bracket, and surely bookies all over the country will be desperately trying to 'get' Facile Vega. That is not, of course, because he can't or won't win; but rather that his price probably over-states his chance currently. Here's why...
Ignoring the fact that he was a terrific bumper horse - winning Grade 1's both here and at Punchestown - and the fact that he's Quevega's son, his actual hurdling form is not out of this world. A maiden win against a field that has managed a solitary handicap hurdle victor, off a perch of a relatively lowly 106, from 27 runs between them, was followed by a much more impressive Grade 1 score where he beat three subsequent winners. That legitimately put Facile Vega in short at the top of the market; but, since then, he's run a very poor race over the same course and distance in a G1 at the Dublin Racing Festival (DRF). Excuses have been proffered for that clunk: he was messed about with by High Definition, he went too fast, etc. But they didn't go crazy fast, and High Def mainly messed with himself as he tumbled at the fourth. Word is (take it or leave it, obvs) that FV was lame for a week after Leopardstown so, if you've backed him ante post you'll see that as legitimacy and hope, and if you haven't you'll see it as a concern and a reason to look elsewhere. Such is the way of value betting...
I've backed him at shorter than he is now and I am not remotely inclined to go in again!
But assessing the remainder is also tricky. Marine Nationale was the early season poster boy - and he might perhaps be the late season heartthrob, too, except that we've not seen him since early December; his form has taken a few dents in the interim. In fairness, he's an unbeaten-in-four Grade 1 winner so it will be no shock if he's the best of these but that 100-day layoff would be the longest by a winner since Captain Cee Bee in 2008 and only the second triple-digit absence since at least 1997.
Il Etait Temps has to be a player. Only fifth and fourth behind Vauban in the four-year-old Grade 1's at Cheltenham and Punchestown a year ago, Willie Mullins has had a novice hurdler with plenty of experience to work with this term; and he's been rewarded with wins either side of getting closest to Facile Vega at Christmas. Of course, most recently Il Etait Temps won 'that' race in which HD dived and FV bombed. Although he was a bit awkward early in transit that day, he powered through the line and was just on ten lengths clear of second-placed Inthepocket, Dark Raven a neck back in third. Despite his relative hurdling experience, IET can look a bit slovenly at a flight for all that he's generally safe across them.
High Definition is obviously a very high class ex-flat horse; he was favourite for the Dante as a three-year-old and ran second in the Group 1 Tattersalls Gold Cup and third in the Group 1 Coronation Cup last year. The problem is that, as obviously and unsurprisingly fast as he has been, he jumps like, well, like a Dante favourite. I think he's very likely to be found out in a race as hot as this, especially with other pace players from the get go.
Both Inthepocket and Dark Raven have a place chance on that DRF form: they each brought unbeaten in three records to the G1 party there and each emerged with a degree of credit, Inthepocket having found himself exactly that at a key point in the race. Crucially, both are entitled to be wiser for their first exposure to top class company.
What of the British challenge? The most obvious contender is Tahmuras, winner of a maiden hurdle at Chepstow, a Listed at Haydock and the Grade 1 Tolworth at Sandown. There have been six subsequent winners from his maiden, and the Tolworth form is standing up too: the third there won a G2 next time, the fourth won a novice and was then second in the same G2, and the fifth - Authorised Speed - easily reverted to winning ways back in shallower waters. He's won on soft and good to soft so no ground concerns. The question is how the UK level compares with its Irish counterpart.
Rare Edition was very disappointing when only second in the Sidney Banks at Huntingdon, a race won in 2020 by Shishkin en route to Supreme glory. He apparently scoped dirty after the race and there has been some whispering about back spasms, both of which appear to have now been resolved. Trainer Charlie Longsdon is bullish about his chance and, on the evidence of the book, he's a place possible at least... if the British form holds its own.
The talking horse in recent days has been Diverge, who won a 22 runner maiden hurdle by 23 lengths. None of the eleven horses to run again since that race have won, and only one hit the frame: the form is weak regardless of how good Diverge might turn out to be. He's inexperienced, too, and for those reasons, as the Dragons say, I'm out.
Olly Murphy runs two in the race, Chasing Fire and Strong Leader, and my preference of the pair is for the former. He's unbeaten in a point, a bumper, and three hurdle races and, though untested in Graded company, he's kicked to the kerb everything he's faced hitherto. I feel like the quicker they go the better for him, as he looks a very strong stayer.
Fennor Cross is a massive price but is a dual Cheltenham hurdle winner this season, the second of which was in the Grade 2 Supreme trial. That was in mid-November, however, and he's not been seen since as, presumably, he needs good ground - the underfoot for both those course scores. Alas, it looks unlikely that will be the description for race one, day one.
Supreme Novices' Pace Projection
Likely to be quick, as forward-goers like High Definition and Rare Edition collide with an ocean of adrenaline coursing through the jockeys' veins for the first rising tape of the week.
Supreme Novices' Hurdle Selection
I don't have a strong opinion here except that the favourite is poor value. Note, I don't think he is sure to lose, just that his win probability may be lower than his price implies. That's a general take through all of the races: any horse can - and, at Cheltenham, often does - win any race. So we're looking for something that might have a better chance than implied in its price. In this race, I think Il Etait Temps is a fair price, especially if you can find four each way places; and it wouldn't surprise if Tahmuras ran a big race either, especially with his trainer in terrific form.
2.10 Arkle Challenge Chase (Grade 1, 2m)
The first chase of the week is a speed test for novices, and frequently advertises the claims of a potential Champion Chaser of the near future. This season, battle lines are drawn between Britain and Ireland and, as with the Champion Hurdle two races later, team captains are Messrs Henderson and Mullins.
For the home squad, Hendo saddles Jonbon, second (third if you include yawning daylight) in last year's Supreme behind Constitution Hill. In the absence of that monster, Jonbon won the G1 Top Novices' Hurdle at Aintree, beating a chap called El Fabiolo. This season, the JP McManus-owned seven-year-old has won all three chase starts, mostly in the manner of a good'un; that said, he was more workmanlike than striking in his Festival prep in the Kingmaker at Warwick. There, he eventually eked out a five-length margin over Calico in a match. The form of that race has received a boost with the runner-up - a twelve-length winner in Class 3 handicap company before Warwick - going in again at Doncaster in a £20k Class 2 handicap since. Obviously, this is a different kettle of gravy, but there's also every chance that Jonbon was under-cooked for his preparatory spin: he'll be cherry ripe now.
Pop back to that Aintree G1 and we find our other joint favourite. There was little between Jonbon and El Fabiolo in Liverpool and they may again be hard to separate. Willie's contender has had two chasing starts, winning by 19L and 10L, the latter in the Grade 1 Irish Arkle at the Dublin Racing Festival. Handy enough throughout, he pounced on trailblazing Dysart Dynamo approaching the second last and had enough energy left to go clear of a three-way picture for the places between Banbridge, DD and Appreciate It. If they all stand up it's hard to see the placed horses reversing with the winner, in spite of the argument that the furlong and a bit shorter trip might favour the pace horse. That said, El Fabiolo did not impress with his jumping at Leopardstown.
Those that fell or unseated last time are 1 from 14 in recent times with nine of them sent off 11/1 or shorter: it's not obviously a positive for the chance of Saint Roi but nor is it a terminal knock. This lad was fourth in last year's Champion Hurdle and won a Grade 1 novice chase at Christmas, so he's oodles of class; but he was hurdling for four seasons including his time in France which sometimes makes it more difficult for horses to make a chasing shape thereafter. He's bang there on talent but that leaping has to be a concern.
The rest are unlikely to be good enough.
Arkle Pace Projection
There looks to be plenty of early speed in this line up with each of Ha d'Or, Dysart Dynamo and Jonbon leading in their most recent three races. Jonbon is expected to sit slightly off the fiercest of the sizzle.
Arkle Chase Selection
A race that will probably play out in line with the market expectation of a duel between Jonbon and El Fabiolo. If El Fab's jumping holds up, I think he'll win, and if it doesn't I think Jonbon will win. I don't really see Dysart Dynamo sustaining his front-footed charge and prefer Saint Roi to travel round in his own time and pick up the each way pieces. Not especially a betting race if you haven't already played, I don't think.
2.50 Ultima Handicap Chase (Grade 3 handicap, 3m1f)
The first of nine handicaps and I'll tell you now that my thoughts will be (mercifully) brief. This race has been won by the home team exclusively since Dun Doire and Tony Martin wrested it away in 2006. They actually don't run many - just three darts this year - and I'll be fielding against them, perhaps carelessly.
My shortlist is Corach Rambler, The Goffer (though he is Irish), and the Tizzard pair, Oscar Elite and The Big Breakaway.
Corach Rambler won the race last year and will again be played late; he was much the best that day and is only six pounds higher now. A fine fourth of 15 in the Coral Gold Cup (Hennessy as was) in November was his most recent run, though that was 108 days ago. Joes Edge defied a 114 day absence in 2007 though such extended layoffs are exceptional when it comes to Ultima winners.
The Goffer won a Grade A handicap chase at Leopardstown last time off a mark of 138. He's got 149 here, as a result of both that win and the recalibration of Irish marks to British ones; while that seems a hefty enough elevation to overcome, the step back up to an extended three miles could be in his favour. He's a novice and so remains somewhat unexposed.
I had a good bet on Oscar Elite in this last year. That partially paid off - the place part specifically - as he finished third. Given he was subsequently found to have bled from the nose, and he is now just a pound higher in the weights, and that he won last time out, I like his chance again. He won't want it too soft, though. Tizzard's other runner, The Big Breakaway, on the other hand loves the wet. He was third in the Brown Advisory Novices' Chase two years ago and a game second in the Welsh National at the end of last year - carrying 11-13 - last time. He jumps, he stays, he handles the track and ground and he's very much a runner for me.
Ultima Pace Projection
It will be frenetic, due to the field size and the number of jockeys having their first ride of the week. Luck in running is needed, and usually patience, too.
Ultima Handicap Chase Selection
Skybet are paying EIGHT places on this race, and a couple of others are seven places deep. That gives us plenty of chances and the first name on the team sheet is Corach Rambler, whose run style lends itself to hitting the frame even without extended places! I'm slightly on weather watch with Oscar Elite, very much liking his chance on good to soft but less keen on softer. I'd rather take shorter when knowing the ground with him. In the end, I'm swerving The Goffer on the basis of the Irish record, which will of course be the wrong thing to do one of these years; but I definitely want a bit of the The Big Breakaway with the extended places as well.
Suggestion: With as many as eight places on offer, you can take two or three each way and potentially be rewarded on all places while trebling your chance of hitting the win jackpot. In that context, back any/all of 6/1 Corach Rambler, 11/1 Oscar Elite (wait for ground news is my advice), and 14/1 The Big Breakaway.
3.30 Champion Hurdle (Grade 1, 2m 1/2f)
The undoubted highlight of day one is the Grade 1 Champion Hurdle. Since just under two hours before last year's Champion Hurdle, Constitution Hill has been close to, or outright, favourite for the 2023 renewal. The reason for that was his destruction of a solid-looking Supreme Novices' Hurdle field in the 2022 curtain raiser, where he easily despatched Jonbon et al in a very fast time. True, both Dysart Dynamo (joint favourite with CH that day) and Mighty Potter, unbeaten in four since, both failed to complete; but that is, after all, a fairly important part of the challenge.
Since sauntering home a year ago, Nicky Henderson's six-year-old son of Blue Bresil has bolted up by a dozen lengths from Epatante in the G1 Fighting Fifth, and hosed in by seventeen lengths from the same rival in the G1 Christmas Hurdle at Kempton. He's won his last four starts, all Grade 1's, by 12L, 22L, 12L, and 17L - and had won his previous start by 14L. His speed figures are just about off the scale and he can take a position wherever in the field meaning tactics are not a worry. Given he's normally an excellent jumper, there are essentially no holes in Constitution Hill's profile whatsoever and he's a very worthy odds-on favourite.
If this year's Champion Hurdle is not to be a procession, the most obvious candidate to make a race of things is State Man. Since 2009, Nicky Henderson leads Willie Mullins - in whose care State Man resides - 5-4 and, in search of the equaliser, Mullins' Man has very strong credentials. At least, in any other year he would have. To wit, he's unbeaten in six straight completed starts, a sequence that includes last year's County Hurdle followed by four consecutive Grade 1 races. In that quartet of G1 scores, he's earned closing comments as follows: "easily", "comfortably", "easily", "comfortably".
Well, something has to give, and the market is fairly confident it will be the British champion lording it over his Irish counterpart. I'm also confident that will be the case having not been overly impressed with what State Man found off the bridle in the County, the only time he's needed to be pushed out to the line. But I don't have enough threes to try to steal some ones at the prevailing odds. So how else to play? We'll come to that. First, what of the supporting cast?
Willie has more than just State Man; he also saddles last year's Triumph Hurdle winner, Vauban, and he's an interesting contender. While Constitution Hill and State Man are likely to be on or close to the pace, Vauban has been ridden a lot more patiently and, as a result, has finished his races off well in respectable defeats to State Man. If State Man tries to force things against the favourite - and it's unlikely the Closutton team will be riding for a place - then Vauban may be the one to hoover up any crumbs.
The second possible in that context is I Like To Move It, whose Greatwood and Kingwell Hurdle wins have advertised his 'dark horse' claims. True, he was well seen off by Marie's Rock in the Relkeel, though that was over an extra half mile; and he was no match for State Man in the County a year ago. He has some impressive performances to his name, most of them on genuine good ground, but I can't quite shake that County clunk from my memory banks.
Not So Sleepy has a fair record in the race: 5th two years ago and 6th last year, but he's eleven now; and I don't give Zanahiyr or Jason The Militant any material chance.
Champion Hurdle Pace Projection
Any of Jason The Militant, Not So Sleepy, or the big pair of Constitution Hill and State Man could take them along. Most likely is that the top two in the betting will mark each other behind the rags, with Vauban expected to be ridden cold at the back of the field.
Champion Hurdle Selection
The win market is all about Constitution Hill, who better ratings judges are suggesting is the best we've seen in a very, very long time. If that's right, he's a fair enough price for those who like playing big at short. Each way is not an option in a seven-runner race generally, still less with such a domineering jolly; but 'without the favourite' is a way in. That market has its own shortie, too, in State Man but I feel Vauban 'without' is a credible alternative given how the race is likely to pan out. If State Man and Constitution Hill have at it from far enough out, it's possible that SM cracks; Vauban wasn't far behind him in steadily enough run G1's in Ireland and can come through for silver.
Suggestion: Back Vauban without the favourite at anything better than 7/2 (4/1 with Hills at time of writing).
4.10 Mares' Hurdle (Grade 1, 2m4f)
There has been plenty of chat on the Maremite Hurdle - some love it, some hate it. Me? I'm in the love camp, and I don't really understand the naysayers who I feel are only rehashing the argument, which has surely had its day now, that it denigrates the Champion Hurdle. Let's just accept the new world and move forward - and what better time to do that than in a year which features the winners of THREE Champion Hurdles?
Well, why aren't they running in that race then, I hear (one of) you cry! The answer, of course, is trajectory; and that is the byword for attempting to solve this wagering puzzle. Cast back to 2020, and a six-year-old Epatante was winning the Blue Riband while forty minutes later Honeysuckle, also six, was winning this race. Five-year-old Marie's Rock had won a Listed mares race at Taunton, and Love Envoi was a year away from making her debut.
In 2021, Epatante could only finish third in the Champion Hurdle, behind Honeysuckle. Marie's Rock had recently run third in a mares' Grade 2 at Doncaster and Love Envoi was about to win a Wexford bumper on her first start. A year later, last year, and Honeysuckle again won the Champion Hurdle with Epatante her nearest pursuer on this occasion. Marie's Rock had graduated to winning the Mares' Hurdle and Love Envoi the Mares' Novices Hurdle.
And so to this term. Honeysuckle, heretofore unbeaten in 16 Rules races and a point to point, is now without a win in her two seasonal spins. Third to the improving - and very good on soft ground - Teahupoo over this sort of trip, and then second to the improving - and just very good - State Man over two miles is hardly poor form; but it is a step down from where she was previously. The question then is whether Honeysuckle is regressing slowly enough to still have something in hand of Epatante, herself steadily on the downgrade, and of the progressive Marie's Rock and highly progressive Love Envoi: that's what makes this such a fascinating conundrum.
Epatante has been thumped twice in Grade 1's by Constitution Hill this season; and then beat a field of inferior mares in appropriate fashion. She's only run once at this longer distance, when winning the Grade 1 Aintree Hurdle easily last season. Her main market rival that day fell at the last as Epatante was looming upsides, but she looked to have had him covered at that point. She is holding her form fairly well and is unexposed at the trip.
Marie's Rock has been a revelation since winning a handicap hurdle in December 2021: from that point on, she's won five of six - pulling up having been hampered on the other start - a sequence that includes the Mares' Hurdle and Punchestown equivalent (both G1) last season and the Relkeel Hurdle on her only start this year. My reservation, aside from the very light 2022/23 campaign, is the substance of her form: in last year's Mares' Hurdle she beat 150-rated Echoes In Rain, who doesn't seem to stay this far, and a bunch of 140-something mares; at Punchestown, she beat a conceivably over the top Epatante (who had run 2nd in the Champion Hurdle and won the Aintree Hurdle in the previous six weeks); and in the Relkeel she beat an array of dodgy geezers the likes of which would not look out of place outside an East London boozer (I should know!). She might win - she's just about favourite after all - but her rising star may have just about reached its apex to my eye.
As for Love Envoi, she needs the rain to continue her own ascent. She has won eight of her nine starts to date, including last year's Dawn Run Mares' Novices' Hurdle here and her only defeat - second to Brandy Love - was on yielding turf. She's tough, loves the mud and has improved her top Racing Post Rating in each of her last seven races; it's not a big price that she'll improve on it again - the question is whether she can do it to a sufficient degree to usurp those above her. Trajectories, eh?
Brandy Love has been very lightly raced but is a Grade 1 winner at this range, when seeing off Love Envoi who, by contrast, was having her sixth battle of last season. I don't expect her to confirm the form with Harry Fry's mare.
Mares' Hurdle Pace Projection
This looks like it will be run at a sensible even gallop.
Mares' Hurdle Selection
A fantastic race in terms of stalwarts of the game and in competitive terms. Finding the winner will be difficult. Having backed Honeysuckle, I didn't think she'd face such a deep field - and I don't think connections did either. But she's still just about the one to beat, along with Epatante. I'm against Marie's Rock - fully mindful that it might look preposterous post-race - and, if it is soft, I'd want Love Envoi onside, too. It's that kind of contest!
Suggestion: The each way 'bet to nothing' (it doesn't exist, but you know what I mean) is 9/2 Epatante, who looks sure to be bang there; and I'm going to have a small bit on 9/1 Love Envoi as well, if the ground is soft.
4.50 Boodles Juvenile Handicap Hurdle (Fred Winter, Grade 3, 2m 1/2f)
Too difficult. I've backed loads of them, which is ridiculous, because I haven't got a clue who wins. The average winning SP since 2012 has been 27/1, and there have been nine winners priced 20/1 or bigger since the race's inception in 2005; so the market doesn't have a clue who wins either! The suggestion, then, is to ignore anything shorter than 16/1 and try to make a case for two or three darts, win only, for small change.
In that spirit, I offer the following:
Afadil - a Paul Nicholls French import a la Sanctuaire, Qualando and Diego du Charmil, all of whom won this for PFN
Metamorpheus and Jazzy Matty - with thanks to Gavin Ryan for this snippet: this pair both ran in the Naas race that has thrown the winner of the last four Fred Boodles. So, too, did Byker, Sir Allen, and Morning Soldier - and the one I had most on for this prior to that race, Almuhit. He blew the start and was left 30 lengths!!!
Boodles Handicap Hurdle Pace Projection
A good half dozen possible pace angles here, headed perhaps by Mighty Mo Missouri. Expect thrills and spills.
Boodles Handicap Hurdle selection
I cannot with clean conscience propose you bet anything in this race on my say so. I've backed a few, including the three mentioned above.
Suggestion: One for a blindfold and Mr Felt Tippy, your magic marker
5.30 National Hunt Chase (Grade 2, 3m 6f)
The four miler is not quite the race it was, and not just because it's only three miles and six furlongs in distance these days. This oldest race of the Festival and monument to the Corinthian nature that characterised National Hunt racing for a million years has undergone more nips and tucks to its race conditions than <insert your preferred surgically enhanced pantomime dame here>.
Its current format, borne somewhat legitimately out of the ugly optic that was the 2019 renewal, where just four of 18 starters completed and 'encouragement' was outside of what might be termed the comfort zone for even the most stoic of country sports fans, comprises more than just a reduced race distance. That range truncation implies a reduction in the number of fences, and there are indeed two fewer - 23 versus the previous 25 - and, additionally, no horse rated below 120 or with fewer than two chase starts (including one in the current season and one over about three miles or more) will qualify. The upshot is that a race that drew 17-20-18-16-18 runners up to 2019 has, since the amendments, attracted 14, 12 and, last year, just six runners. It's another smallish field this year, with ten going to post.
The market has been headed for a long time by Gaillard du Mesnil, a hyper consistent horse but only an occasional visitor to the winners' enclosure. To wit, in 13 Rules starts he's finished in the places on all bar one occasion, but has won just four times - and only once in eight starts in the past two years. That's got to be a concern about a horse priced around the even money mark, for all that many of those form lines give him a clear edge on his field. He was third in the Brown Advisory Novices' Chase last year and filled the same position, in a field of 27, in the Irish Grand National a month later. This season, GdM followed up a good second to Mighty Potter over an inadequate two and a half miles with one of those elusive wins - and by eight lengths no less - against Churchstonewarrior, a surprise defector at the final declaration stage, in a three mile Grade 1 at Christmas. He was again beaten by the Potter when dropped back to the Potter's trip territory in a G1 at the DRF, and will clearly relish this more stamina-emphasised test. But did I mention that he doesn't win all that often?
The key to Chemical Energy appears to be in the turf. His form on good ground is 112111, while on softer he's 140854. It's bound to be softer than good and he has some stamina questions to answer, too. He's not for me.
Mahler Mission ran a fair race (7th of 16) in last year's Albert Bartlett and, though he was whacked in a novices' chase at Cheltenham early in the season, that was surely a sighter on ground much faster than ideal. More recently he's won a beginners' and then ran a gallant second to Churchstonewarrior.
Minella Crooner was a good staying hurdler, running second to Minella Cocooner in the Nathaniel Lacy at the 2022 DRF. He's one from four over fences though was also second in a Grade 2 in early season. The balance of his performances is not at the level of some of his rivals, and he might not want it too soft either. However, an interesting outsider to consider is Tenzing: he's still a maiden after three chase starts but that trio includes finishing close to Gerri Colombe and Ramillies before being beaten a little further last time by Mahler Mission. On the pick of those runs, he could again challenge for the frame.
Best of the (limited) British defence is probably Mister Coffey, a perma-bridesmaid trained by Nicky Henderson. He's finished second in five of his last six starts, a run that includes the G1 Scilly Isles Novices' Chase of last year and the Kim Muir a month later. He looked a strong stayer at last season's Festival and this test might be just the ticket.
Of the big prices, Coolvalla has nothing like the ratings to be in the shake up at this level. And yet, he's won handicap chases by 19 lengths and 17 lengths the last twice, has proven stamina, jumps well, and comes here nicely rested. He might outrun his 66/1 odds.
National Hunt Chase Pace Projection
A few possibles for the lead, most notably Mahler Mission, Minella Crooner, and perhaps Bellatrixsa. At the other end of the field, Chemical Energy will probably be patiently ridden by that master of the waiting ride, Jamie Codd.
National Hunt Chase Selection
On official ratings, Gaillard du Mesnil is clear of his field and he obviously has the talent to win; but his inability to put races to bed, even if they have been higher level races, has to be a worry at the price. Against him, there is a clutch of horses separated by only a few pounds on ratings, and it will be the one that adapts best to this somewhat unique test who is the each way bet. That might be the ultra-consistent Mister Coffey, who has placed Festival form to his name.
Suggestion: Back Mister Coffey each way at 9/1.
It's a fascinating start to the week, with top class horses aplenty and deep, deep fields in the main. Good luck with your betting in the opening quarter!