The Grand Annual handicap chase has moved to a new home of day two at the festival.
This is a typically competitive handicap chase, ran over the minimum trip of two miles.
Jumping at speed is required here, and because of that and the big field expected, the winner will need some luck.
Plenty in with chances here but if there is a horse in the line up that is going to thrive in a race like this at Cheltenham it could well be Embittered.
He ran a great race over hurdles at the festival last season in a big field handicap, and comes here to run in a big field chase off a mark that is 2lb lower.
He’s spent his year in Ireland chasing home the very best novice chasers they have, dropping down into handicap company will help him out.
As will the bigger field, and with those pointing towards improvement, this horse looks to be on a really nice mark coming into this race.
Sky Pirate leads the Grand Annual betting at 13/2, but is a horse who needs delivering at exactly the right time, and is known for being a frustrating animal.
Behind him, the likes of Entoucas and Embittered come, both at 7/1, while everything else in the contest is double figures.
Us And Them and Ibleo, both 16/1 chances, could be horses that attract support in a wide open contest.
*Odds correct at time of writing