The Cheltenham Gold Cup 2017 takes place on Friday, March 17 at 3.30pm.

It is the most famous race at the Cheltenham Festival and is regarded as one of the biggest prizes in horse racing.

The 3mile, 2.5furlong steeplechase dates back to 1819 and now has a total prize purse of £575,000.

Millions of pounds are wagered over course of the Festival and a big chunk of that is on the Gold Cup, such is its profile.

Matched betting on the Cheltenham Festival

The Cheltenham Festival is the most profitable event of the year when it comes to matched betting.

The large volumes of money involved has bookmakers vying for their slice of the pie. This means plenty of bonuses for new and existing customers - and this is manna from heaven for matched bettors.

Match Catcher

A poll of Profit Accumulator members last year showed an average profit of £936.12 per person.

Refund offers such as "£20 back if your horse finishes second" can account for a significant part of the earnings. The best way to find these are using Profit Accumulator's cutting edge Match Catcher.

PA is giving away free access to this horse racing match finder until midnight on March 14.

Cheltenham Gold Cup betting offers

The Gold Cup's profile and popularity with casual gamblers means this is the race that's likely to have the most offers.

For example, Betfair are offering 20/1 on Cue Card to win the Gold Cup. That offer can be found here.

It's an offer that is open to new customers, but reload offers - for existing customers - is where most matched betting profit comes from.

Related: Bet on Cheltenham and guarantee a profit

PA members take advantage of these offers with minimal risk bets to generate their earnings.

Part of the Profit Accumulator service includes listing all the betting offers in one place and providing step-by-step instructions on how to maximise profit from them.

Cheltenham Festival facts and figures

Here's some stats from the Festival:

£100,000,000 – The local (Gloucestershire) economic impact of The Festival each year in millions of pounds sterling.

£4,150,000 – The amount of prize money in pounds sterling on offer at The Festival – the most of any Jumps festival in the world.

£575,000 – The prize money available for the Timico Cheltenham Gold Cup

265,000 – The number of pints of Guinness knocked back by spectators at The Festival.

120,000 - Bottles of wine drunk at The Festival.

105,000 – the number of people using Cheltenham Spa train station over the four days of racing.

80,000 – The number of movements between racecourse and town on shuttle bus service.

68,000 – The maximum capacity at Cheltenham on Cheltenham Gold Cup Day (when all temporary facilities are open).

62,000 – Average attendance over the four day period of The Festival.

45,000 – The number of bread rolls eaten at The Festival.

45,000 – Afternoon teas served to customers at The Festival.

40,000 – The number of hospitality guests served over the four days of The Festival.

38,000 square metres – the volume of space that is built for the four days in the Tented Village and the triple decker that sits alongside the racecourse.

36,500 – The number of vehicles parked over the four days.
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