Cheltenham Races Betting: Huge move in Novices' Limited Handicap Chase

Firefox's odds of winning today's Jack Richards Novices' Limited Handicap Chase at Cheltenham Festival have been slashed this morning, according to Ladbrokes.

Having been a 6/1 shot at the start of the day, the Gordon Elliot-trained gelding is now just 4/1 - clear favourite - to win the second race of the day after a flurry of bets on Thursday morning.

Elsewhere, Teahupoo's odds of a Stayers' Hurdle victory have taken a hit - from 13/8 to 2/1 - while Bob Olinger is now 14/1 from 20/1 at the start of the day.

Alex Apati of Ladbrokes said: "Firefox is fast becoming the one to watch on Day Three... he's already put a dent in his odds this morning, and we wouldn't be surprised to see him go off even shorter than 4/1 at this point."

Ladbrokes has shared its day three tips for Cheltenham Festival 2025, with each-way and outright winner picks for each of the races,

For those interested, Ladbrokes also has an 'everything you need to know' piece ahead of Cheltenham, as well as a beginner's guide to betting at the festival.

View the latest Cheltenham Festival odds

All odds and markets are correct as of the date of publication.