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How Thistlecrack's defeat has affected the Gold Cup market

Jonathan Vine in Odds 28 Jan 2017
Many Clouds beating Thistlecrack, just moments before his tragic demise.

We analyse the impact Thistlecrack’s Cheltenham defeat has made to the current Gold Cup ante-post market.

Joy, shock and sadness, were the primary emotions in the aftermath of the Cotswold Chase at Cheltenham this afternoon. Many Clouds ran an absolutely storming race to get the better of Thistlecrack and ruin the Gold Cup favourite’s unblemished record over fences.

The effort of holding off the charging favourite caused Many Clouds to collapse after the race and to the surprise of all the onlookers, the victor sadly failed to regain consciousness. Thoughts go out to all his connections and the yard hands who work with him every day. He will never be forgotten.

Sadly, this happens occasionally in the sport we love and you have to be able to move on quickly and look forward to brighter days. On the National Hunt calendar, there are no brighter occasions than the Cheltenham Gold Cup. Thistlecrack was the firm favourite for that title, but how has that surprise defeat altered the current ante-post market.

Thistlecrack’s price has taken a significant slide with every single bookmaker. He was an odds-on shot with most before this afternoon’s race, but he can now be found at 7/4. Paddy Power offers the longest price - listing Colin Tizzard’s charge as 5/2 shot to win the Gold Cup.

Most surprisingly, as a result of this defeat, some bookmakers have decided to push Native River’s Gold Cup odds out too. He was a 5/1 shot, but now Coral and Ladbrokes list him as a 6/1 chance. Some have decided that Thistlecrack’s defeat gives his stablemate a better chance of victory, with bet365 cutting Native River’s price from 5/1 to 4/1 and SkyBet now list him as a 9/2 shot, from the 11/2 price they quoted earlier in the week.

The biggest positive moves in the market have been for Djakadam and Cue Card. Two-time runner-up Djakadam, who was a 10/1 shot earlier in the week, has been pushed right into 5/1 with Coral, 11/2 with Ladbrokes and 6/1 with bet365. Cue Card was a 12/1 shot a couple of days ago, but can now be found at 7/1 with most bookmakers, with bet365 listing him as an 11/2 shot to defeat his Gold Cup rivals and claim the biggest prize in National Hunt racing.

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How Thistlecrack's defeat has affected the Gold Cup market

We analyse the impact Thistlecrack’s Cheltenham defeat has made to the current Gold Cup ante-post market.

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