Punters prevail: Bookmakers pay out millions on first day

Punters prevail: Bookmakers pay out millions on first day

Three favourites prevail on the opening day of the Festival leaving punters feeling pretty smug.

Bookmakers have paid out millions on the first day of Cheltenham Festival, with several largely backed horses living up to their favourite tag.

Over a fifth of all bets were winners with bookies succumbing to paying out 21% of all bets placed on the opening day.

Punters were left in jubilation after the likes of Footpad and Buveur D’Air strolled home as the two most backed horses of the day.

The two aforementioned horses were also the runners with the highest stakes out of every runner and rider on the first day of the Festival.

In total, bookies took a hard loss with well-fancied punters picks getting the job done.

Oddschecker spokesperson George Elek said: “It was an opening day to remember for punters at Cheltenham, with a number of well-backed horses doing the business for punters.

“The trader’s floor would have been an agonising one, with the well-fancied names on day one the Festival romping home to get bettors off to a flyer.

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