National Hunt racing Grade 1-3 National Hunt races and the list of Group 1-3 Flat races The capital of National Hunt racing in the UK is Cheltenham Racecourse, in the Cotswolds, which hosts the Cheltenham Festival in the third week of March each year, as well as other important fixtures during the NH calendar. There are numerous well-known trainers operating in the Cotswolds including Jonjo O'Neill, Richard Phillips, Tom George, Nigel Twiston-Davies, and latterly Kim Bailey. The highlight of the Cheltenham Festival is the Gold Cup. All races run at Cheltenham finish with a long uphill run-in in front of the stands. The
Horse racing namely location and the type of wager that is placed. One form of parimutuel gaming is Instant Racing, in which players bet on video replays of races. Advanced Deposit Wagering is a form of gambling on the outcome of horse races in which the bettor must fund his or her account before being allowed to place bets. ADW is often conducted online or by phone. In contrast to ADW, credit shops allow wagers without advance funding; accounts are settled at month-end. Racetrack owners, horse trainers and state governments sometimes receive a cut of ADW revenues. The most famous horse from