The bookmakers are still taking a beating on Day 2 at Cheltenham.
Almost a quarter of bets already settled on Day 2 at Cheltenham have been winners, while just over 37% of them included Ballyburn, Fact To File and El Fabiolo.
With wins for Ballyburn and Fact To File already in the book, bookmakers are facing huge liabilities going into the Champion Chase, for which El Fabiolo is a best price 2/7 favourite (78% implied chance).
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Oddschecker spokesperson Sam Eaton said: "It's been a tough start to the day for bookmakers with Willie Mullins favourites winning the opening two races.
A massive 24% of settled Cheltenham bets today have been winnings, and there's a huge amount of accumulators rolling onto El Fabiolo later in the day. Just over 37% of all Day Two accumulators included Ballyburn, Fact To File and El Fabiolo.
"El Fabiolo's odds continue to be cut with the Willie Mullins horse now as short as 1/5 with some bookmakers. With four odds-on winners so far this Festival, the bookmakers are desperate for one to go their way."
