February 16, 2026
Cheltenham Multiples: Why Accumulators Drain Bankrolls
February 23, 2026
Most punters love a cheltenham accumulator. Big dreams. Tiny stakes. Giant payouts.
But here is the truth.
Cheltenham multiples are one of the biggest gambling mistakes you can make.
They feel exciting. They rarely pay off.
In this post, I am going to show you exactly why betting accumulators at Cheltenham is a trap. And I will show you what smart punters do instead.
STOP LOSING. START WINNING.
Over 1,400 points profit. 1,000+ members. Profitable 40 out of 48 months.
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A multiple is when you combine two or more horses into one bet.
You pick three horses. All three must win. If one loses, your whole bet loses.
They sound amazing. You stake £5 and dream of winning £500.
That is the problem right there.
It is simple. Humans love big numbers.
You see a £5 stake. You see £500 back. Your brain ignores the risk.
Bookmakers know this. That is why they love acca bets. They win most of the time.
At Cheltenham, this gets even worse. Here is why.
Cheltenham is the best racing in the world. But it is also the most unpredictable.
Every race is top class. Any horse can win. Upsets happen every single day.
Look at these facts:
• Grade 1 horses fall, unseat, and get beaten every year
• Conditions change fast — the ground can shift day to day
• Favourites get beaten more at Cheltenham than almost any other festival
• Trainers and jockeys run tactical races — it is chess, not draughts
Now ask yourself this.
If one horse is hard to predict. What happens when you need THREE or FOUR to all win?
Your chances collapse. Fast.
BET TYPE CHANCE OF WINNING
Single (evens horse) ~50%
Double (2 x evens) ~25%
Treble (3 x evens) ~12.5%
4-fold (4 x evens) ~6%
Those are evens horses. At Cheltenham, most good horses go off at longer prices.
Your real chance of winning a 4-fold? It could be 2% or less.
That means you lose 98 times out of 100.
Here are the most common Cheltenham mistakes I see every single year.
Mistake 1: Stacking the Gold Cup card — People pick four horses from the same day. One gets beaten. The whole bet dies.
Mistake 2: Chasing losses with bigger accas — You lost on Tuesday. Wednesday you go bigger. The bookmaker loves this.
Mistake 3: Picking the favourites — Favourites get beaten at Cheltenham all the time. They look safe. They are not.
Mistake 4: No staking plan — Throwing random amounts at random bets. This is not a strategy. This is gambling in the worst way.
Smart punters do not chase the big payout. They focus on profit over time.
Here is the professional approach:
• Bet singles — one horse, one race, one decision
• Use a staking plan — stake the same amount each bet
• Find value — look for horses priced too big by the bookmaker
• Focus on specific races — not every race is worth betting
• Track every bet — know your numbers at all times
This is how you build a betting bankroll. Not with a lucky acca. With a consistent process.
Our members at Premium Racing Tips have seen over 1,400 points profit across four years. We have been profitable in 40 out of 48 months.
That is what a real system looks like.
STOP LOSING. START WINNING.
Over 1,400 points profit. 1,000+ members. Profitable 40 out of 48 months.
Join us now at www.premiumracingtips.com
Yes. But treat them like lottery tickets.
Set aside a tiny fun fund. Maybe 2% of your bankroll. Use that for accas.
Never chase. Never increase stakes after a loss. Never put real money into them.
Your serious betting money? That goes on value singles. That is where profit comes from.
Cheltenham multiples are exciting. I get it.
But betting accumulators at the festival is one of the most common gambling mistakes punters make.
The maths does not lie. More selections means more ways to lose.
If you want to actually profit from Cheltenham — and from racing all year round — you need a proper approach.
You need a plan. You need value. You need a community that has already done the hard work.
Ready to bet smarter this Cheltenham?
Join 1,000+ members who get expert tips, a proven staking plan, and real results — year after year.
Visit www.premiumracingtips.com and join today.
