Cheltenham Parks Lido is the home of Cheltenham Swimming and Water Polo Club. Cheltenham Festival is a significant National Hunt racing meeting, and has race prize money second only to the Grand National. It is an event where many of the best British and Irish trained horses race against each other, the extent of which is relatively rare during the rest of the season. The festival takes place annually in March at Cheltenham Racecourse. The meeting is often very popular with Irish visitors, mostly because of that nation's affinity with horse racing, but also because it usually coincides with St. Patrick's
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