Cheltenham Festival 2026: Day 3 Preview, Trends, Tips
Cheltenham Festival 2026: Day 3 Preview, Tips
Day Three, Thursday, and it's a case of New Courses for Old as we 'change ends' for the second half. Fresh ground, then, probably nicely watered so no excuses - apart from the obvious (picking the wrong horse).
1.20 Dawn Run Mares' Novices' Hurdle (Grade 2, 2m 1f)
Previewed by Rory Delargy.
The market for the Dawn Run has been completely dominated by Bambino Fever since it opened and it’s obvious why, given she was good enough to humble the geldings in the Champion Bumper last season. However, while she has taken perfectly well to hurdles, she doesn’t have such compelling claims on the form she’s shown over timber and I’m loath to take bumper form as gospel when dealing with hurdlers. She is still the likeliest winner on paper, but I’d have her a few spots bigger on my tissue, and her price makes the quest for an each-way alternative a necessity.
Just a note on her Timeform rating for this race - until modifying her final rating after declarations, Timeform’s assessment of her hurdles form, which consists of a defeat at the hands of Oldschool Outlaw and a maiden hurdle win from a bunch of modest mares who have failed to win any race subsequently, is to award her an adjusted rating of 156p. Her published rating prior to decs was a whopping 19lb lower and that is a more accurate reflection of her hurdle form. I’m not a fan of inventing ratings based on what you expect to happen and it’s a bugbear of mine that Timeform occasionally do it when their methodology is tried and trusted. She deserves one of their big “P” symbols, but not the inflated rating on the racecard.
The best hurdles form in the race, unsurprisingly, is represented by Oldschool Outlaw, who was holding Bambino Fever all the way up the straight at Naas in December and improved on that when winning a Fairyhouse Grade 3 by 9 lengths from Place de La Nation last time. She did have a fitness advantage over Bambino Fever when winning on debut, having won a Navan bumper the previous month, but she’s also entitled to improve having only made her racecourse debut a year ago. I’d want to see a few of Gordon Elliott’s run better on Wednesday before getting involved, but she needs plenty of respect.
Carrigmoorna Spruce would be an attractive bet if Skylight Hustle were to win or run well in the Turners, having finished second to that gelding at Leopardstown over Christmas, but it’s Henry de Bromhead’s pair that I think are overlooked in this contest.
Echoing Silence cost a fortune after winning a point and has taken both starts over hurdles, beating subsequent winners first time and a good yardstick in Switch From Diesel at Punchestown. She comes here fresh, as does stablemate Full of Life, who was much improved when landing the Feathard Lady Hurdle at Down Royal in October, when seeming to benefit from aggressive tactics over this trip.
Full of Life has been tried at up to 2.75m and over fences, but Henry admitted he had got her requirements wrong and that dropping her in trip over hurdles has been a revelation. That Down Royal race is a good guide, throwing up the likes of Brighterdaysahead and Magical Zoe in recent years (both of whom looked unfortunate not to win this). This season’s renewal looked strong, with six of the runners arriving on the back of a win. Full of Life beat Carrigmoorna Spruce there, but there has been no artificial enhancing of her rating as a result, and she looks the clear value at the current odds.
Mares' Novices' Hurdle Recent Winners
Mares' Novices' Hurdle Pace Map
Mares' Novices' Hurdle Selection
Suggestion: 1pt e/w Full of Life @ 33/1 (Hills ¼ odds 1,2,3; 25/1 general 1/5 odds 1,2,3,4)
Matt's Tix Pix: I'm spreading out in a race where the favourite has missed more often than not.
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2.00 Jack Richards Novices' Handicap Chase (Handicap, 2m 4f)
Previewed by David Massey.
Sometimes it pays to look beyond the obvious when looking at Cheltenham races and sometimes it doesn’t; just keep it simple, stupid. I think the Jack Richards is looking like the latter. Try not to look for anything too clever and just back the best horses, with the best form, that jump really well.
And with that, I think my main pick for this is going to be Anthony Honeyball’s Jordan’s Cross. He continues to improve with each start and might well be four from four this year but for a final-fence fall here in November.
The trainer wouldn’t have been too troubled by that, given that’s really been his only major mistake in those four starts. You can argue he was a bit novicey on debut at Aintree, but that’s expected, and stablemate Kdeux Saint Frey (also in here, and not without a chance) won that race, taking the prize back to Dorset in any case.
His form since has worked out well. A win at Doncaster next time saw him beat Go West by the minimum margin, and the runner-up has since won well at Musselburgh. A brave win over Quebecois over this C&D last time out received a boost when the runner-up was beaten under a length by a rejuvenated Johnnywho, in the Ultima on Tuesday, form that looks all the better now. The way he responded to pressure there suggests he’s not going to shy away from the final challenges the hill will give him, and all in all, there’s just a lot to like about both the horse and his chances.
Wingmen has long looked the sort for this, but after a dreadful Tuesday for Gordon Elliott, Brighterdaysahead the only, er, bright spot in an otherwise sea of mediocrity, how can you have any confidence in the yard? I suppose, if Wednesday was better for him you could have a second look at this classy sort, but I’ve had to park him now, and look elsewhere for dangers.
The question over Stencil is whether he’ll stay this trip or not, but he’s always threatened to make a better chaser than hurdler and so it is now starting to prove. He was a bit keen when second to Vanderpoel at Ascot in December and that didn’t help his finishing effort, but he got it right when dotting up at Chepstow last time out, strong at the finish and coming right away after the last to beat Juby Ball an easy 6½ lengths. The runner-up went and won by eighteen lengths next time too, making Stencil’s 4lb rise look something of a gift. This big field will mean he can be put to sleep at the back and he should settle better, giving him every chance of staying the trip. A big chance if he does and I suggest whatever you back, he has to be a saver.
There are a few front-runners here and backing one of them is clearly risky. You'll know your fate pretty early on, but I can’t resist a few quid on Ben Solo. He’s impressed me this year with some slick jumping from the front, winning nicely at Chepstow in November (decent form), and he still held every chance when unseating back at the Welsh venue last time out. That form couldn’t have worked out much better with the second, third and fourth all winners since. He’s 5lb out of the handicap, and a whole host of other front-runners won’t make life easy, but if he can wing the first two and grab the lead, therein lies his chance. You’d want a big price, but you’ll get one - 33s and bigger is worth a look.
Jack Richards Novices' Handicap Chase Trends
*Non-handicap prior to 2025
Jack Richards Novices' Handicap Chase Pace Map
Jack Richards Novices' Handicap Chase Selection
Suggestion: Jordan's Cross
Matt's Tix Pix: Playing a few again, including the Honeyball pair.
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2.40 Mares' Hurdle (Grade 1, 2m4f)
Previewed by Matt Bisogno.
A new day for the Mares' Hurdle, bumped from its Tuesday slot to a crowded Thursday G1 window as the undercard billing to the Stayers' / Ryanair headliners. But it's a race of interest, even absent Lossiemouth, who elected for the Champion Hurdle on the opening day.
The star billing will instead go to the Gordon Elliott-trained Wodhooh, an unassuming and highly progressive mare who at last year's Cheltenham Festival spared her trainer's blushes in the very last race after he'd endured a slew of near misses. Since transferring to Elliott from Sir Michael Stoute's flat yard in the summer of 2023, Wodhooh won nine of her ten races. The defeat? To Lossiemouth at Aintree last year. I think decent ground is important to Wodhooh - and she should get it, barring a torrential downpour. With Lossiemouth not her, she sets a very clear form standard.
The next most likely in the field is Jade de Grugy, my idea of a great bet in the Mares' Chase - and backed accordingly. Sigh. She's been chasing all season - and mixing it with top novice boys in the process - but she is the Closutton substitute for Lossiemouth. She won a Grade 1 Mares' race at Punchestown last spring so is clearly up to this level, and if she's still making a hurdle shape at her obstacles, rather than giving them the air that a steeplechase fence needs, she's the main danger. The soft side of good is probably optimal ground wise.
Feet Of A Dancer was impressive in a three mile Grade 2 at Doncaster in January, and before that was just two lengths behind Wodhooh in a G3 at Leopardstown. She definitely fits here after a good 4th in the Pertemps Final last season, though she may prefer slightly softer turf ideally.
Dan Skelton saddles the seemingly well-named Take No Chances, who has not taken any of her chances this season! To be fair, she's run very creditably in defeat to Strong Leader, Impose Toi and Potters Charm, all classy enough sorts. She might favour an extra half mile though had enough boot to beat Kargese at the minimum but tends to find at least one or two too good. She was third in this, and at Aintree, again behind Lossiemouth, last spring, beaten about ten lengths each time. Place prospects once more.
Jetara was fourth in this last year, a season in which she won that Doncaster G2. This term on soft ground she could only manage third in that race, beaten nine lengths; but she does seem to relish better ground so I can envisage her could again getting competitive for a place.
Mares' Hurdle Recent Winners
Mares' Hurdle Pace Projection
Looks like it will be truly run with both Dream On Baby and Jade de Grugy forward goers by habit. Wodhooh will appear later in the play...
Mares' Hurdle Selection
The market has this spot on, I think, and it looks Wodhooh's to lose. If there is a fly in her ointment it's most likely going to be Jade de Grugy. If the rain comes, Feet Of A Dancer might round out the 'noddy' trifecta.
Suggestion: Back Wodhooh to beat Jade de Grugy in a straight forecast/exacta. Maybe add Feet Of A Dancer for the trifecta, but don't expect it to pay a lot!
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Matt's Tix Pix: Wodhooh looks banker material
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3.20 Stayers' Hurdle (Grade 1, 3m)
Previewed by Matt Bisogno.
A race that seems to deliver a surprise result more often than not the Stayers' Hurdle was won last year by the veteran Bob Olinger, who showed a turn of pace that the younger, more stamina-laden Teahupoo - defending champion - could not match. Both were/are in the same Robcour ownership. That was on good to soft while Teahupoo's win in 2024 had been achieved in more testing conditions, and it may again be that the state of the turf dictates the fate of the best stayer in the field.
It's not that Teahupoo doesn't act on quickish ground - he beat Bob Olinger seven lengths in a Leopardstown G1 at Christmas on it - but rather that the combination of a sometimes muddling tempo in the Stayers' and less testing sod fails to make it the stamina test in which he excels. He arrives here three from three on the season and is the worthy favourite.
Bob Olinger was 8/1 when causing that surprise (to me, at least) a year ago. In winning at age 10 he was the second 'old man' to take the prize in three years - after Sire du Berlais in 2023 - but the one before was Crimson Embers 40 years ago, and before that Zarane in 1927. Time will catch up with Bob O at some point, probably by now, but it's worth noting that he's four from four at Cheltenham, including in the Baring Bingham (Turners now) hurdle and the Golden Miller (Turners then!) chase, albeit beaten and benefiting from Galopin Des Champ's last fence fall that day.
For some reason Dan Skelton seems to have a sub-5/1 shot in every Grade 1 this year. There's a good chance I'm missing something but most of them look seriously under-priced for a trainer who is 4/45 in that context. True, three of those came in the last two years - Grey Dawning (Golden Miller) and Protektorat (Ryanair) on this day in 2024, and The New Lion in the Turners last year - but I'm not a believer yet...
He saddles Kabral du Mathan, a fast improving six-year-old who stepped out of handicap company to waltz away with the Relkeel here on New Years' Day. He's stepping up half a mile which, based on his most decorated half-siblings Lucky Place and July Flower, might not be what he needs. That said, I've already mentioned elsewhere on this page, the Stayers' is regularly less than an end to end gallop. Decent ground is probably important to his chance.
Elliott also brings Honesty Policy, like KdM a progressive six-year-old. He was a Grade 1 novice hurdle winner at Aintree last spring at 2m4f and has been second and third in G1's at three miles so far this campaign. In fact, he's had only one run since the summer - in the Long Walk at Ascot in December - and comes here well rested, as did four of the last five winners. He has about 7lb to find with his stablemate and favourite but he's upwardly mobile and his price suggests connections don't think there's much between them.
Ma Shantou, trained by Emma Lavelle, is a dyed in the wool three-miler. He's run over that range on all of his last six starts, including when winning the Cleeve Hurdle by seven lengths. That was his third win at Cheltenham, all this season, and he clearly relishes conditions. He does have a fair bit to find with the best of these, however.
It's probably an unfashionable opinion but I think Ballyburn should have run in the Champion Hurdle. He won the Turners Novices' Hurdle, a key pointer to the Champion, two seasons back, and he ran his two best chase races at two miles and 2m5f. I just don't think he's a stayer. But, again, and forgive me for labouring the point, in a three mile race where the emphasis is not put on stamina, he could have a chance. However, he's been beaten by Teahupoo in his last two starts, comprehensively on their most recent meeting.
Yet another interesting runner is Impose Toi. He progressed out of handicaps last spring to win the Grade 1 Long Walk Hurdle in December (good to soft). On softer turf at Cheltenham, he was beaten seven lengths by Ma Shantou in the Cleeve; he might just prefer a little less cut.
It's harder to make cases for the others, though the spectre of a falsely run race hangs over this field of non-leaders - see pace section below - so a shock is not out of the question.
Stayers' Hurdle Recent Winners
Stayers' Hurdle Pace Map
NOT pacy, with no horse in the field having led on either of its most recent two starts. Gordon and Nicky have two each in the race and so might be able to control the tempo, but their runners wouldn't naturally lend themselves to such a play. Could be tactical.
Stayers' Hurdle Selection
This is a pretty good race but not an easy one to call. Teahupoo doesn't look like getting either his soft ground or, probably more important, a decent tempo to run at. Neither of those perceived impediments may stop him and I kind of hope he wins because I'm a big fan. Still, he's not really a bet even if/when he starts to drift. I'm not buying the Kabral Du Mathan hype - yet - and both he and Honesty Policy are short enough, for all that they promise to be capable of more than shown to date. You've got to love Bob O and 11yo Sire du Berlais won this in 2023, but I don't really see it. Ballyburn would be potentially good for a mad roll up bet I made but it's very hard to fancy him on his last run - he does have other lines that put him in the picture, especially if this is falsely run.
After all that, the two I'm siding with, from the same key race, are Ma Shantou and Impose Toi each way. They have both been well campaigned this season and I don't believe there's as much between them as the official margin from the Cleeve. This track and decent ground are fine for both and they might be a sliver of value.
Suggestion: Back either Ma Shantou and/or Impose Toi each way.
Matt's Tix Pix: Teahupoo on the main tickets, with Ma Shantou and Impose Toi on back ups
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4.00 Ryanair Chase (Grade 1, 2m 4 1/2f)
Previewed by Matt Bisogno.
Maybe I'm weird (don't answer that!) but I'm a huge fan of the Ryanair. It gets maligned for pulling runners from the Champion Chase and the Gold Cup, but they tend to be very good horses in search of precisely this intermediate trip. The alumni includes Fact To File, Envoi Allen, Allaho, Min, Frodon, Un De Sceaux, Vautour, and Cue Card since 2013: if that's not a strong defence of the race's existence I'm tee total.
This year's renewal has revolved another reigning champion hokey cokey, Fact To File's Gold Cup absence predicated on stamina doubts. Again, this is the right race for him. It's six furlongs shorter than the Gold Cup for crying out loud! There's a solid argument for him being the best chaser in training right now, his mid-170's rating still open to further improvement, whereas the likes of the magnificent Galopin Des Champs' mark is undeniably regressive now. Majborough may be the only one capable of better.
Still, it's fair to say he's had a bumpy run since winning last year's Ryanair. First he was dropped to two miles in what may have been an 'after the Lord Mayor's show' effort behind Marine Nationale. Returning in the autumn, he was neck and neck with Gaelic Warrior - eventually that distance behind that one - over this sort of trip at Punchestown, before not really dealing with the King George test at Kempton on Boxing Day. While that was harder to explain he put the record straight with a convincing five length verdict over Gaelic Warrior at DRF. That was three miles on soft leading many to call for his participation in the Gold Cup, but that's another three furlongs up the hill.
This is his race, and if he's in the same form as last time, or this time last year, he'll win barring incident.
Jonbon comes here rather than the Champion Chase on account of not being as quick as he was. Min and Un De Sceaux both did likewise - and to winning effect - back in the day, though both were a year younger than the admirable Henderson hoss. Indeed, we'll go all the way back to 2011 and Albertas Run's second Ryanair to find the last veteran to lift this pot. Jonbon could be my favourite horse in training at the moment (outside of the red, white and blue geegeez livery, natch) - what's not to love about a horse which has finished in the first two in all of his 27 lifetime starts, winning 20 of them? But that doesn't mean I think he can win, regardless of what my heart says.
The facts are that he was well beaten by L'Eau du Sud on seasonal bow, then bashed by Il Etait Temps when he should have been perfectly fit; since then he's beaten inferior rivals to what he faces here. I hope he pleasantly surprises me, he'll take the roof off if he does!
Another ten-year-old held in great esteem by yours true is Banbridge. This is his trip - stretching out to an easy three miles around Kempton - but he must have decent ground. Like Jonbon, his best race may now be behind him, and very recently in his case, just failing to win a classic of a King George at Christmas. As for Cheltenham, he failed to stay in the Gold Cup last year and it was much too soft for him in this the year before. Place prospects this time on decent ground but if the forecast afternoon rain arrives he might be a non-runner and re-route to Aintree.
We'd not seen Impaire Et Passe for most of a year before he showed up at Gowran Park less than a month ago to get it done in the G2 Red Mills Chase. Entitled to step forward notably for that - assuming this doesn't come too soon - he is a second season chaser with upside and brings proper Grade 1 novice form to the disco; nevertheless, he has a stone or so to find with FtF on form in the book.
Henry runs Heart Wood, a horse that has - for me at least - gone under the radar a little bit. He got closest, albeit not very close (9L), to Fact To File in last year's Ryanair, and has won a brace of Grade 3's from three starts this term. In between that pair he was a reasonable fourth to Gaelic Warrior and Fact To File in that ding dong Durkan. His best runs on RPR's have been on better ground and so I can see the case for him again hitting the frame; but he's a fairly unsexy proposition all told.
Ryanair Chase Recent Winners
Ryanair Chase Pace Map
Looking like a decent even to strong gallop, and no excuses all round.
Ryanair Chase Selection
This is all about Fact To File, who towers over his field - and all fields - on numbers. It would have to go wrong for him not to win and he's as close to a banker as you can get at Cheltenham (which, of course, is not all that close - this does not constitute financial advice!)
Suggestion: Back Fact To File, or just watch and hope he shows how good he is.
Matt's Tix Pix: Fact to File is pretty much a banker but I want a little bit of small percentage coverage elsewhere in case of dramas.
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4.40 Pertemps Final (Grade 3 handicap, 3m)
Previewed by Gavin Priestley.
When I went through the pre-New Year qualifying races, I landed on ELECTRIC MASON as the one I had my eye on for the Final and I'm going to stick with that one as my main selection.
He ran second in the very first qualifier of the season at Cheltenham, before reversing the form with the winner next time out in a Grade 3 at Haydock. The form of that Haydock win now looks outstanding with the runner up finishing 3rd in another Grade 3 handicap, the 3rd, 4th and 6th all winning since and the 5th running 2nd in the Grade 2 Relkeel Hurdle on New Years Day. The 33/1 10th won at Cheltenham next time out as did the 12th who then followed up in the Grade 2 Cleeve Hurdle on Cheltenham Trials Day. Even the 50/1 11th home managed to win a class 2 handicap at Musselburgh on his next start.
He hasn't run since Haydock, in an effort to protect his handicap mark, but he has a decent record coming off a break of 90 days+ of 3-1-2-2 and 4 winners since 2011 have used the same tactic of having a break of at least 60 days before coming to Cheltenham.
With 13 of the last 14 winners being aged 8 or under, 11 of the last 14 winners finishing top 4 last time out and all of the last 14 winners carrying 10-09+ he ticks all those boxes and his current 139 rating is perfect (11 of the last 13 winners were rated 138+ with 8 winners this century rated 138-140).
He has the form, he has a cracking Trends profile, he has course form from earlier in the season and goes on the ground. All in all he looks to offer excellent each way value.
Pertemps Final Recent Winners
Pertemps Final Pace Map
Pertemps Final Selection
Suggestion: Electric Mason 1 point e/w
Matt's Tix Pix: More scattergunning in a race where I never have a clue
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5.20 Kim Muir Challenge Cup Chase (Class 2 Handicap, 3m2f)
Previewed by Dave Renham.
For a Cheltenham festival race, I would not class this as a strong one for past trends. However, here are the strongest considerations:- 9 of the last 18 winners have come from the top three in the betting
- 10 of the last 18 winners were priced between 2/1 and 11/2 LTO
- 13 of the last 18 winners failed to win earlier that season
- The top two in the weights (inc. joints) have won 6 races from only 44 qualifiers with a further 8 being placed
- Horses that either won LTO or were beaten by 3 lengths or less have a poor record with just 2 wins from 103 runners.
For my run style the stats, I am again focusing on the last 10 renewals. These races have seen a huge number of runners racing mid division or held up near or at the back. A total of 78% of all runners have had either of those two run styles. Eight of the ten winners (80%) have won from a mid-div or held up sit, so essentially for winners, there has been little in it run style wise. However, it should be noted that, although front runners have won just once, seven have been placed (PRB 0.67).
On to some of the contenders now.
Jeriko Du Reponet - Was an excellent second in the Pertemps last year here and followed that up with a smooth win at the Punchestown festival in May. Clearly a talented hurdler, he has not impressed in his three chase runs this year with his jumping, so for some it might seem strange that he has been backed into such a short price. If he brushes up his jumping, he may just have too much class for this field, but it’s a big if. He’s owned by JP McManus, who has a good recent record (three wins and four places in the last ten years). Derek O’Connor rides which suggests that the horse is well fancied.
Waterford Whispers - Another JP owned horse, this time trained in Ireland by Henry De Bromhead. Ran an eye-catching race last time at Leopardstown when third and that was his best effort over fences to date.
Weveallbeencaught - Fourth in this race last year when trained by Nigel Twiston-Davies. Now with Eric McNamara and he started the year with two decent runs at Listowel and Limerick. Possibly was disadvantaged last time out when seemingly racing on the wrong part of the track. Looks an each way player to me.
Sandor Clegane - He has previously run three times at the Festival, coming third in the Albert Bartlett, fourth in the Brown Advisory, a race in which he was upsides Fact to File at the last, and a decent 10th in the Coral Cup last year when only five lengths off a place. Trainer Paul Nolan’s place stats at the Festival, since 2018, are the best of any trainer (40% thanks to 10 win/placed runners from 25). Backing all 25 runners to the Betfair Place would have yielded huge returns of around 85p in the £. Recent form has offered little real encouragement, but off a mark of 138, he is thrown in if getting close to that run in the Brown Advisory. He is a big price due to his recent form, but Cheltenham does seem to bring out the best in him.
Ask Brewster - This is his time of year, having raced three times in the Spring, winning every time including at Cheltenham last April. The better the ground the better his chance as all four chase wins have been on good or quicker.
Kim Muir Recent Winners
Kim Muir Pace Map
Kim Muir Selection
To conclude, Jeriko Du Reponet could just have too much class, but at around 4-1 the price looks far too tight, despite the positive past record of horses near the head of the betting. Waterford Whispers is also 4-1, but in a 26 runner race I can’t convince myself this is value either. I prefer to have three against the field in such a big field.
Suggestion: Split your stakes on Weveallbeencaught, Ask Brewster, Sandor Clegane.
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And that's us three-quarters of the way home. Hopefully you've had a couple of good draws already; if not, fear not for Gold Cup day will follow. But let's enjoy Thursday's sport first!
Good luck
Matt













































