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 in Great Britain betting shops. There are two main forms of horse racing in Great Britain. Collectively, the above racing is often referred to as racing "under rules", since there is another form of racing which is run on an altogether more informal and "ad hoc" basis, known as point-to-point racing. Point-to-point is a form of steeplechasing for amateur riders. All the above forms of the sport are run under the auspices of the governing and regulatory body for horse racing in Great Britain, the British Horseracing Authority. with the exception of point-to-pointing which is administered by the Point-to-Point Authority with the BHA